Philippines Morning News For November 10

Philippines Morning News For November 10

Philippines morning newsPhilippines’ Duterte to Trump: ‘Lay off’ human rights when we meet
Philippine President Rodrigo Duterte said on Wednesday he would tell U.S. President Donald Trump to “lay off” if he raises the issue of human rights when they meet.
Reuters 

Philippines Halts Work in South China Sea, in Bid to Appease Beijing
President Rodrigo Duterte of the Philippines has ordered military officials to stop construction work on a sandbar in a disputed area of the South China Sea after Beijing complained, the country’s defense chief said on Wednesday.
The New York Times 

Globalization hurts poor economies
President Rodrigo Duterte on Thursday lamented the damage caused by globalization on poor economies such as the Philippines and urged Asian countries to take remedial steps to end their exploitation.
The Manila Times 

Duterte calls for equality among APEC members
PRESIDENT Duterte yesterday urged the Asia-Pacific Economic Cooperation (APEC) member economies to address globalization concerns like inequality to enable developing countries to catch up with more progressive and economically successful nations.
Malaya 

Philippine outsourcing industry faces AI challenges
The outsourcing industry in the Philippines, which has dethroned India as the country with the most call centres in the world, is worried that the rise of artificial intelligence (AI) will eat into the US$23 billion (S$31 million) sector.
The Straits Times (paywall)

World leaders set to arrive in PH for ASEAN Summit this weekend
World leaders are expected to start arriving in the Philippines this weekend to attend the 31st Association of Southeast Asian Nations (ASEAN) Summit and Related Summits in Manila.
Philippine News Agency 

Tobacco firm committed to expand in PH
Japan Tobacco Inc. (JT) Group has signified its commitment to continue expanding its affiliates’ presence in the cigarette market in the Philippines following its acquisition of the tobacco-related assets of Mighty Corp.
Malaya 

Indonesia seeks PH investments
The Indonesian government is urging Philippine companies to invest in the country’s infrastructure projects particularly in geothermal power plants, said Bambang Brodjonegoro, minister of National Development Planning of Indonesia.
Malaya 

Islamic State’s grip widening in southern Philippines, says MILF leader
From the air, Mindanao island in the southern Philippines is a stunning mass of lush greenery surrounded by sparkling blue waters, an unexpected stunning sight.
Channel NewsAsia

TPP talks revived at Apec meet minus US
Talks aimed at salvaging a Pacific Rim trade pact rejected by President Donald J. Trump resumed on Thursday on the sidelines of the annual summit of the Asia-Pacific Economic Cooperation (Apec) forum.
BusinessMirror 

Study shows ride-sharing services can keep a million private cars off Metro Manila roads
Transport-network company Uber said ride-sharing services can help reduce the volume of private vehicles on Metro Manila roads by about a million, thus, easing the traffic congestion in the metropolis.
BusinessMirror 

Time for Asean to unlock region’s manufacturing potential–Duterte
President Duterte on Thursday sought for an Association of Southeast Asian Nations that will not only harvest its own raw materials, but will also develop and manufacture them into goods within the region.
BusinessMirror 

Duterte draws line in the sand on foreign interference
It is forthright, not impolite, for President Rodrigo Duterte to draw a line in the sand concerning interference by any APEC leader in the Philippine government’s conduct of its war on illegal drugs during the two–day APEC leaders’ meeting in Danang, Vietnam today and tomorrow (November 9 and 12).
The Manila Times 

PLDT’s 9-month net income up 7%
Telecommunications and digital services provider PLDT’s net income for the first nine months of 2017 increased by 7 percent to PHP23.2 billion from PHP21.7 billion in the same period last year, driven by the sale of its subsidiaries Beacon Electric Asset Holdings Inc. and SPi Technologies.
Philippine News Agency 

Sugar price still falling as TRAIN-wary traders cut demand
The domestic price of sugar plummeted below P1,300 per 50-kilogram bag (LKg), as traders are wary of the possible decline in demand for it once Congress approves the proposed tax on sugar-sweetened beverages (SSBs).
BusinessMirror 

The Rise of Thingbots in the Philippines
Thingbots, botnets built exclusively from IoT devices, are set to become the infrastructure for a darknet future. This is one of the key findings of F5 Networks’s latest report, “Threat Analysis: The Hunt for IoT – the Rise of Thingbots,” which continues to track Telnet activity, and the progressions of Mirai, as well as Persirai, a new thingbot.
Manila Bulletin

Duterte most trusted president since Estrada, GMA, Aquino
A YEAR after becoming the country’s chief executive, President Duterte recorded the highest net trust rating among Philippine presidents since Joseph Estrada, according to a Pulse Asia survey.
Malaya

China Bank books higher earnings in 3rd quarter
CHINA BANKING Corp. (China Bank) saw its net income grow in the third quarter as its core and fee-based businesses expanded.
BusinessWorld 

Women’s groups seek maternity leave pay hike
WOMEN rights advocates on Thursday urged the House of Representatives to pass legislation seeking an increase of the maternity paid leave period from 60 days to 120 days.
Manila Standard 

Population of elderly growing
Commission on Population Executive Director Juan Antonio Perez said Wednesday the Philippines should brace for an aging population by 2025 and a spike in its population growth of two million each year.
Manila Standard 

Duterte downplaying China’s incursion, bullying
President Rodrigo Duterte is downplaying China’s incursions and bullying of the Philippines, Magdalo Rep. Gary Alejano said Thursday.
Philstar 

Philippine Navy contingent departs for a regional maritime security collaboration in Thailand
A Philippine Navy contingent began to sail to Thailand, Wednesday, to participate in the first-ever Association of Southeast Asian Nations Multilateral Naval Exercise (AMNEX) to be held in Thailand from the 13th to 22nd of November.
UNTV 

NOW brings enterprise-grade wireless Internet to residential areas
The PSE-listed Technology, Media and Telecom (TMT) company decided to expand to the residential areas in response to clamor from enterprise users whose families consume enormous bandwidth for their personal, educational, entertainment and other needs.
Manila Bulletin

 

Feature photo Asian Development Bank
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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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.

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