Philippines Morning News For May 3

Philippines Morning News For May 3
Estimated Reading Time: 4 minutes |

Philippines morning news

More than 5,600 unsolved killings in 9 months, police admit
More than 5,600 homicide cases remain unsolved in nine months after President Rodrigo Duterte rose to power and ordered a campaign against illegal drugs, police officials admitted on Tuesday.
— ABS-CBN

Semirara allocates P5 billion to add coal production capacity
SEMIRARA Mining and Power Corp. (SMPC) has earmarked a total of P5 billion for the next two years to expand its existing mining infrastructure as the Consunji-led coal miner aims to maximize its allowed production capacity to 16 million metric tons (MT) by 2018.
— BusinessWorld Online

Philippines sees 15-20% rise in Qatari tourists
The Philippines is expecting a 15 to 20 percent increase in the number of Qatari visitors this year while setting a target of seven to eight million international visitors for 2017, an official from the Philippine Department of Tourism (DOT) has said.
— The Peninsula Qatar

PH 10-year T-bond rate reaches 4.75%
Average rate of the Philippines’ 10-year Treasury bond (T-bond) rose to 4.75 percent during the auction by the Bureau of Treasury on Tuesday (May 2), from 3.46 percent fetched on September 6 last year.
— Manila Bulletin

PSEi closes above 7,700 ahead of Fed, US data
LOCAL SHARES started the month in the green yesterday ahead of key data to be released this week and the US Federal Reserve’s policy review, and amid positive feedback from the country’s hosting of the 30th Association of Southeast Asian Nations (ASEAN) Summit.
— BusinessWorld Online

Poorest regions take in P157-B infrastructure projects
Thousands of infrastructure projects collectively valued at P157.44 billion will be rolled out in the country’s poorest region under the reinstated Three-Year Rolling Infrastructure Plan (TRIP) for 2018 to 2020, the National Economic and Development Authority (NEDA) said yesterday.
— The Philippine Star

‘Secret jail’ existed for more than 5 years: PNP-IAS probe
Initial investigation conducted by the Philippine National Police-Internal Affairs Service (PNP-IAS) revealed that the so-called “Secret Detention Cell” in the Manila Police District Station (MPD) 1 Tondo, Manila has been there for more than five years.
— ABS-CBN

Philippines: Century Pacific acquires Hunt’s brand from URC, ConAgra JV
Century Pacific Food Inc (CNPF), the Philippines’ leading canned food company, has acquired the local license for pork & beans brand Hunt’s from Hunt-Universal Robina Corp (HURC), a 50-50 joint venture between Universal Robina Corp (URC) and ConAgra Foods.
— Deal Street Asia

Department of Information and Communications Technology Philippines releases National Cybersecurity Plan 2022
The Department of Information and Communications Technology (DICT) in Philippines released the National Cybersecurity Plan 2022 (NCSP) on May 2. As Philippines embarks on an ambitious digital transformation programme, cybersecurity will play a critically important role.
— Open Gov

Record high: Over 59% pass 2016 bar examinations
The 2016 bar exams registered a record-high passing rate of 59.06%, surpassing by a wide margin the passing rates in the last 16 years, Rappler has learned.
— Rappler

Duterte gov’t to defend drug war, human rights record before UN
Representatives of the Duterte administration are set to defend the government’s drug war and human rights record before the United Nations Human Rights Committee on May 8.
— Rappler

Ringgit and Philippine peso lead Asian currency rally
Better late than never. The Philippine peso and ringgit have clambered aboard the Asian currency rally, advancing against the dollar and spurring flows into equity markets.
— The Star Online

Fewer hungry Filipino families in Q1 of 2017—SWS
Fewer Filipino families experienced hunger in the first quarter of 2017, according to a recent survey by Social Weather Stations (SWS).
— Inquirer.net

La Mesa dam water allocation approved
The National Water Resources Board (NWRB) has approved a standby allocation of one cubic meter per second for La Mesa dam following the recent drop of its water level to below normal.
— The Philippine Star

Ageing ‘jeepneys’ to be taken off Philippine roads
Long-delayed plans to improve public transport in the country were given a boost today after the signing of an agreement to replace the ageing jeepney with modern units that are safer and more efficient.
— Gulf News

Baltimore man gets 35 years for paying women in the Philippines to make child porn
A 66-year-old Baltimore man was sentenced to 35 years in jail for paying women in the Philippines to produce child pornography for him, according to a press release.
— Fox Baltimore

 

Feature photo Brian Evans
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.

Download the AEC News Today mobile app for iOS here Download the AEC News Today mobile app for Android here

 

 

 

 

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.

 

 

 

The following two tabs change content below.
Stella-maris Ewudolu

Stella-maris Ewudolu

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005. Between November 2004 and February 2011 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships.Since 2010 she has worked as a freelance screen writer for 'Nollywood', Nigeria.
Stella-maris Ewudolu

Latest posts by Stella-maris Ewudolu (see all)

Do you know more about this story? Leave a comment or email: feedback@aecnewstoday.com