Remittances hit $2.17B in February
Cash sent home by Filipinos overseas through banks stayed at the $2-billion level for the 13th straight month in February even as year-on-year growth slowed on seasonality.
— Inquirer.net
Manila Water to submit scaled-up proposals in projects in both Myanmar and Indonesia
MANILA Water Co., the water concessionaire for the East Zone of Metro Manila, said it would submit scaled-up proposals within the third quarter of the year for possible water concessions in Myanmar and Indonesia following the completion of its pilot projects.
— Business Mirror
Lopez Holdings net income rises to P6.557 in 2016
Lopez Holdings said Tuesday its net income attributable to shareholders rose 6 percent in 2016 to P6.557 billion.
— ABS-CBN
Marcos pays P36-M for poll protest vs Robredo
Former Senator Bongbong Marcos went to the Supreme Court (SC) on Monday to pay more than P30 million for his election protest against Vice President Leni Robredo.
— ABS-CBN
Tight supply pushing up pork prices
The Samahang Industriya ng Agrikultura (Sinag) is calling on the Department of Agriculture (DA) to study the industry gaps that are resulting in an increase in the prices of pork.
— The Philippine Star
US, Philippines to conduct military drills amid tensions with Duterte
The U.S. military will begin annual military drills with Philippine forces next month, despite tense relations with President Rodrigo Duterte, AFP reports.
— Military Times
Duterte vows hospitals for OFWs
President Rodrigo Duterte has vowed to put up hospitals for overseas filipino workers (OFWs) in countries where they work.
— The Manila Times
Traders warned: Don’t create artificial rice shortage
Agriculture Secretary Emmanuel Piñol yesterday warned traders against triggering an artificial rice shortage to force the government to allow the importation of the country’s staple.
— The Philippine Star
Human rights issue could have wider PHL-EU trade impact
THE REPERCUSSIONS of human rights concerns in the Philippines on the country’s trade with the European Union (EU) could spill beyond the GSP+ scheme, the bloc’s envoy to the Philippines signaled last week.
— BusinessWorld Online
Shares track Wall Street gains as North Korea concerns loom
Share prices opened higher on Tuesday, tracking gains on Wall Street, even as concerns over North Korea loomed.
— ABS-CBN
GT Capital to hike stake in Metrobank
Conglomerate GT Capital Holdings Inc. will increase its interest in banking arm Metropolitan Bank and Trust Co. to 36.092 percent by buying the 9.622 percent interest held by various Ty-owned companies for P24.72 billion.
— Inquirer.net
Dengue vaccine now in the Philippines
The world’s first dengue vaccine is now commercially available in the Philippines
— Inquirer.net
De Lima seeks punishment for child exploitation
Detained Sen. Leila de Lima is pushing for the immediate passage of the bill seeking to impose stiffer penalties on those who involve children in their criminal activities.
— The Philippine Star
Duterte wins Time’s 2017 most influential poll
President Rodrigo Duterte topped Time magazine’s poll on the world’s most influential people, a feat that the Palace attributed to his agenda of helping the poor.
— The Manila Times
BIR likely to order Mighty Corp. closure next month
The Bureau of Internal Revenue (BIR) said the government would likely issue a closure order for the manufacturing facilities controlled by embattled cigarette-maker Mighty Corp. next month.
— Manila Bulletin
Four OFWs killed in road accident in UAE to receive financial, livelihood aids
Department of Labor and Employment (DOLE) Secretary Silvestre Bello III said on Monday that the bereaved families of four Filipino workers overseas who died in a vehicular accident in Abu Dhabi, United Arab Emirates (UAE) are entitled to financial assistance from the government.
— Manila Bulletin
Feature photo Danny O
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).
Introducing The AEC News Today Mobile App
In an era of hectic schedules where time is precious, the AEC News Today mobile app enables you to stay up to date with the latest Asean news on governance and policy issues affecting the Asean Community while you are on the move and whenever you have a few minutes to spare.
See full details, including our AEC News Today Mobile App Privacy Statement here: Stay up to Date With The AEC News Today Mobile App
Download the AEC News Today mobile app from Google play or the App stores by clicking the icons below.
Philippines morning news by AEC News Today is your one stop source for Philippines news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.
Stella-maris Ewudolu
Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.
She joined AEC News Today in December 2016.
Latest posts by Stella-maris Ewudolu (see all)
- Zoonotic crossover fear sees Vietnam ban (almost) all wildlife trade (video) – July 26, 2020
- Job & revenue losses: COVID-19 to hurt Asean airlines the most – July 24, 2020
- Philippines morning news for July 24 – July 24, 2020
- Philippines morning news for July 23 – July 23, 2020