Philippines Morning News For July 16

Philippines Morning News For July 16

Philippines morning newsSC ruling on IRA to cost gov’t P1.5 T — DOF
The Supreme Court ruling that includes all national taxes in the internal revenue allotments (IRA) of local government units (LGUs) may cost the national government as much as P1.5 trillion if implemented retroactively, according to the Department of Finance (DOF).
— The Philippine Star

4 in 5 Filipinos reject gov’t inaction vs China moves – SWS
Four out of 5 Filipinos said it is wrong for the Duterte administration to do nothing about China’s militarization of the West Philippine Sea (South China Sea), a new Social Weather Stations (SWS) survey found.
— Rappler

Cash remittances to stay positive – HSBC
Banking giant HSBC believes that cash transfers by Filipinos working abroad are gaining momentum as growth was likely sustained in May.
— The Manila Times (annoying pop-up)

5.1-M Filipino children with disabilities most vulnerable to calamities in PH
A member of an international cause-oriented group said the country’s estimated 5.1 million Filipino children with disabilities are the most vulnerable to calamities or emergency incidents in the Philippines.
— Manila Bulletin

Micro-entrepreneurs in Manila get P5,000 cash aid from Erap
MORE than 900 small-scale entrepreneurs received fresh capitalization of around P4.6 million from the Manila City Hall to bankroll their business ventures.
— Business Mirror

Initiative of farm tourism taking root in the Philippines
THE PHILIPPINES hopes to boost farm tourism as it hosts the Global Farm Tourism Summit from July 17 to 19 at the Summit Ridge Hotel in Tagaytay City.
— The Nation

NGCP seeks to recover P193 M from Visayas consumers
The National Grid Corp. of the Philippines (NGCP) is seeking to recover over P193 million from electricity end-users in Visayas in three years for the repair of transmission lines damaged by a 6.5-magnitude earthquake last year.
— The Philippine Star

BSP income up 421% on forex, high interest rate
The central bank income grew a whopping 421 percent to P17.55 billion as of end-April from only P3.37 billion during same time last year on higher interest rate and foreign exchange (forex)fluctuations.
— Manila Bulletin

Rice output likely rose by 1.56% in H1–PSA
The country’s unmilled rice production in the first half likely expanded by 1.56 percent to 8.703 million metric tons, from 8.569 MMT recorded a year ago, according to data from the Philippine Statistics Authority (PSA).
— Business Mirror

‘Grab’s growth in PH slowest among neighbors’
GRAB’S growth in the Philippines is the slowest among the Southeast Asian countries it invested in, the transport network company’s (TNC) chief said late last week.
— The Manila Times (annoying pop-up)

Less than half of Pinoy workers earn living wage–ADB experts
Less than half of Filipino workers earn a living wage, which prevents families from falling into poverty, according to experts from the Asian Development Bank (ADB).
— Business Mirror

Church slams court ruling on total ban of cigarettes
The Diocese of Balanga has committed to rally behind the Balanga City government to help defend a 2016 antitobacco ordinance that a court struck down for imposing a total ban on all cigarette products.
— Philippine Daily Inquirer

Philippine Chief Justice Sereno’s undemocratic ouster
We Filipinos routinely call our country a republic and equate freedom with democracy.
— New Mandala

A big leap to smart water and wastewater management
PRIOR to the MWSS privatization, water supply coverage was around 67 percent and water loss was 63 percent. Water was only available 16 hours daily and there was only 26 percent water pressure.

Philippines gives former rebels houses
The Philippine government has handed over houses to hundreds of former communist rebels and their families, in a community they can call their own, in Davao Oriental, Sultan Kudarat and Sarangani.
— Gulf News

Return P193-M PAMANA fund, military told
Presidential Peace Adviser Jesus Dureza has asked the Armed Forces of the Philippines to return P192.5 million released in 2012 for road projects in Maguindanao under the PAyapa at MAsaganang PamayaNAn (PAMANA) program but have not been implemented.

State spending to sustain GDP growth
THE Organization for Economic Cooperation and Development (OECD) sees Philippine economic growth sustaining its 2017 growth pace until next year on the back of government spending that will take up the slack from weaker private consumption and export growth.
— BusinessWorld Online

The politics of cleanliness in Duterte’s Philippines
President Rodrigo Duterte won on a platform of order and discipline. During his campaigns for the May 2016 elections, he vowed to end drugs and stamp out criminality.
— New Mandala

PH takes home 3rd gold in Int’l Math Olympiad
The Philippines on Friday won its third gold medal at the recently concluded 59th International Mathematical Olympiad (IMO) in Cluj-Napoca, Romania.
— Philippine News Agency

PDP-Laban to send 4-member delegation to North Korea
For the first time, the ruling party in the Philippines is sending an official mission to North Korea in what party officials describe as a “historic direct party-to-party contact” between Manila and Pyongyang.
— Philippine Daily Inquirer


Feature photo rmac8oppo


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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