Philippines Morning News For August 28

Philippines Morning News For August 28

Philippines morning newsJICA-funded P10-M biodiesel fuel plant in Davao is PHL’s first
The city officially opened Friday the country’s first biodiesel fuel plant that can convert used oil to environment-friendly biodiesel fuel.
— BusinessWorld Online

Paolo off the hook in House probe on ‘shabu’ smuggling
Presidential son and Davao City Vice Mayor Paolo Duterte found yesterday an ally in the House Committee on Dangerous Drugs after the panel decided not to include in its 52-page final report his alleged involvement in the P6.4-billion shabu smuggling.
— Manila Bulletin

Agri damage in Aurora due to ‘Jolina’ placed at P41.27-M
The cost of damage to agriculture caused by tropical storm ‘Jolina’ in the northern part of Aurora was initially pegged at around PHP41.27 million.
— Philippine News Agency

Air travel rose 6.7% in the first 6 months
Air travel rose 6.7 percent in the first half to 25.12 million domestic and international passengers from 23.54 million served by airlines last year, data from the Civil Aeronautics Boards show.
— Manilastandard.net

Megawide bags P14-B condo project
Engineering and infrastructure company Megawide Construction Corporation (Megawide) has bagged the deal for the construction of the P14-billion Urban Deca Homes Ortigas of mass housing developer 8990 Holdings, Inc.
— Manila Bulletin

PDIC puts P319-M bank assets up for auction
State-run Philippine Deposit Insurance Corp. (PDIC) is set to bid out P319 million worth of foreclosed assets of shuttered banks including condominium units in Ayala Alabang as well as several lots in Manila and nearby provinces.
— The Philippine Star

P90-B revenues lost to Road Board graft – Speaker
An estimated P90.7 billion in government revenues have been lost through the graft-ridden Road Board, Speaker Pantaleon Alvarez said, citing the findings of the Commission on Audit (COA).
— The Philippine Star

Duterte to release P29M for farmers affected by culling ops
President Rodrigo Duterte will personally release on Monday, August 28, compensations for farmers who have been affected by the culling operations aimed at containing the bird flu outbreak in San Luis town here.
— Sun Star

Rodrigo Duterte: Philippines President presides over a nation divided as opposition to drug war grows
The Philippines President, who took the post in June last year, has overseen mass killings of suspected drug offenders and has failed to stop a bloody Islamic State-led urban war in the south of the nation.
— ABC Online

Pitching Philippines as tourist destination
The Philippines could emerge as one of Asia’s top tourist destinations if we could only put our house in order. No amount of publicity by the Department of Tourism could entice foreign tourists to visit our shores if public safety is their primary concern.
— Inquirer.net

1,000 startups eyed in 2018
THE Philippine startup community targets to reach a total of 1,000 startups next year.
— Sun Star

Diesel in Davao to soon cost just P16 per liter
A plant that could produce biofuel that would cost no more than P16 per liter has been opened here on Friday, raising hopes, too, for a stop to the dumping of used cooking oil into the city’s rivers and canals.
— Philippine Daily Inquirer

Philippines still in demand as ESL tour destination, DOT says
THE demand for learning English as a Second Language (ESL) from non-native speakers has been growing all over the world, such that the Department of Tourism (DOT) has identified it as a specific tourism target market, especially in South Korea.
— Business Mirror

MSMEs told: Register IP or risk profit loss
Many micro-, small- and medium-sized enterprises (MSMEs) in the Philippines are not aware of the value of their intellectual property (IP), which could limit the economic benefits they could derive from it and even their access to credit.
— Business Mirror

Tata introduces Prima Trucks
WHEN Tata Motors entered the local market back in 2014, it initially offered passenger cars and small commercial vehicles. But not until late last month when India’s largest automobile company finally brought in its truck lineup along with other light to medium transports.
— Business Mirror

Callamard calls for probe on all ‘unlawful’ deaths following Kian slay
The United Nations’ special rapporteur on extrajudicial, summary or arbitrary executions called on the government to investigate all unlawful killings following the death of Kian Delos Santos.
— CNN Philippines

300 courts to adopt ‘eCourt’ system by end of 2017 – Sereno
Around 300 courts nationwide will adopt the eCourt system by the end of 2017, Supreme Court (SC) Chief Justice Maria Lourdes Sereno announced.
— The Manila Times

Sta. Lucia allots P500 M for Negros project
Listed property developer Sta. Lucia Land Inc.(SLI) is spending around P400-to P500-million for the development of a residential community in Negros Occidental.
— The Philippine Star

Sun Life pays out P1.6 B in claims, maturities for H1
Sun Life of Canada (Philippines) Inc., the number one and longest standing life insurance company in the country, demonstrates its commitment to clients as it paid out claims and maturities amounting to P1.6 billion in the first half of the year.
— The Philippine Star

 

Feature photo ILO in Asia and the Pacific
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).

 

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.

 

 

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Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

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.

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