Philippines Morning News For June 30

Philippines Morning News For June 30

Philippines morning news

Mindanao conflict pushing Duterte back into US orbit
As Philippine President Rodrigo Duterte enters his second year in office, he is confronting his greatest political challenge. For the past month, a legion of Islamic State-affiliated fighters, under the command of the Maute Group, have stubbornly held onto several barangays (neighborhoods) in Marawi, a provincial capital on the southern island of Mindanao and the country’s largest Muslim-majority city.
— Nikkei Asian Review

‘Infra funding to shift from PPP to official aid’
Funding for Philippine infrastructure projects will shift away increasingly from public-private partnerships (PPP) to official development assistance (ODA) amid a lack of support from the private sector, Fitch Group’s think tank BMI Research said in an analysis released Thursday.
— The Manila Times

DoT returns unused P1.52 billion — CoA report
THE DEPARTMENT of Tourism (DoT) has reverted P1.52 billion to the Bureau of Treasury (BTr) as it did not fully utilize its 2016 budget, the Commission on Audit (CoA) said in a report.
— BusinessWorld Online

GOCC remittances drop 32% in 5 months
Government-owned and controlled corporations remitted lower dividends to the national government in the first five months despite a recovery in May, according to the Bureau of the Treasury (BTr).
— The Philippine Star

Peso ends at 50.53:$1, lowest in over 10 years
The peso continued to weaken against the dollar yesterday ahead of the release of US gross domestic product (GDP) growth data, analysts said.
— The Philippine Star

More than 400 dead in Marawi crisis
The death toll in the Marawi crisis has risen to 418 as government troops continue to pound remaining Maute extremists still holed up in the city.
— ABS-CBN

Duterte’s first year in office draws lots of flak, praise
Philippine President Rodrigo Duterte, who marks his first year in office on June 30, drew both praise and criticism from the country’s Catholic Church leaders.
— UCA News

TSeKaP to offer 15,300 free surgeries among 20-M poor
The health department’s Tamang Serbisyo para sa Kalusugan Program (TSeKaP) is set to conduct 15,300 free surgical operations among an estimated 20 million poor Filipinos who need health care services.
— Philippine News Agency

DTI eyes coding scheme exemption for electric cars
The trade department eyes several incentives for green vehicle owners in a bid to boost sales of electric or hybrid cars.
— ABS-CBN

Investments, tax reforms highlight Duterte’s first year
THE government secured investment commitments, including so-called submarket loans worth at least $46 billion, in the inaugural year of President Duterte, the bulk of it coming from the country’s new-found ally China, and long-time trade and investment partner Japan.
— Business Mirror

GERI projects leasing income to quadruple to P650 M by 2020
Global-Estate Resorts, Inc. (GERI), a subsidiary brand of Megaworld, is expecting its rental income to more than quadruple by 2020 with the opening of new commercial centers and office towers in its various tourism estates across the country.
— Manila Bulletin

Nearly 90% of PH towns, cities to have access to financial services by end-’17
The Bangko Sentral ng Pilipinas (BSP) sees access to financial services to include around 90 percent of municipalities and cities by end-2017.
— Philippine News Agency

PH Embassy repatriates 20 OFWs from Russia
The Philippine Embassy in Moscow facilitated the repatriation of 20 Filipinos this June –the highest monthly figure so far.
— Philippine News Agency

Philippine police use hospitals to hide drug war killings
Since late 2016, police have delivered hundreds of drug suspects to Manila hospitals. A Reuters investigation has revealed almost all were dead on arrival. Witnesses and family members say they were executed and their bodies removed from the scene in a police cover up.
— Reuters

Former Antique solon indicted for P10-M graft
State prosecutors have formally charged former Antique Rep. Exequiel Javier in the Sandiganbayan for awarding a P9.9-million pork barrel-funded project to a private individual.
— Philippine Daily Inquirer

Hike in prices of goods feared with Batangas port fee increase
Prices of consumer goods like flour, pork and chicken are likely to jack up with the proposed 25-percent increase in the cargo handling tariff for international containerized cargo at the Batangas Container Terminal, importers and port stockholders have warned.
— Philippine Daily Inquirer

Lawmaker proposes a different number coding scheme
House minority leader Cong. Danilo Suarez does not agree with the proposal of the Metropolitan Manila Development Authority (MMDA) to implement the number coding scheme twice a week.
— UNTV News

Philippines Telecoms, Mobile, Broadband and Digital Media Statistics and Analyses 2017-2021 – Research and Markets
This report provides a comprehensive overview of trends and developments in the Philippines telecommunications market. The report analyses the Telecoms Infrastructure, mobile, fixed broadband, Digital Media and Digital Economy sectors.
— Business Wire (press release)

 

Feature photo Rain Rannu
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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