Philippines morning news for November 23

Philippines morning news for November 23

Philippines morning newsPHL improves ranking in WB/PwC in study on ease of paying taxes
THE PHILIPPINES placed 94th out of 190 economies on the ease of paying taxes, according to the World Bank and PricewaterhouseCoopers’ Paying Taxes 2019 report, after the country ranked 105th a year earlier.
— BusinessWorld Online

UN to provide US$500-M to PH sustainable dev’t, inclusive growth programs
The United Nations (UN) expects to mobilize USD506.63 million in funding to help the Philippines implement its priority programs on sustainable development and inclusive growth over the next five years.
— Manila Bulletin

Photojournalists remember Maguindanao massacre
Members of the Photojournalists’ Center of the Philippines (PCP) holding an annual workshop in Dingalan, Aurora, light candles on Thursday to commemorate the 9th year of the Maguindanao Massacre.
— ABS-CBN News

Navy faces budget constraints for submarines
THE PROCUREMENT of submarines for the capability upgrade of the Philippine Navy remains hanging due to financial constraints.
— BusinessWorld Online

Bicam panel retains P10-billion rice fund, P10-billion for coconut farmers
Senator Cynthia A. Villar confirmed Thursday that a joint Senate-House panel agreed to retain the P10-billion Rice Competitiveness Enhancement Fund, as well as a separate P10-billion funding in national budget for coconut farmers.
— Business Mirror

Philippines adopts ‘multidimensional’ poverty index: NEDA
The Philippines has established a new multidimensional poverty index that will complement the existing income-based gauge, the National Economic and Development Authority said Thursday.
— ABS-CBN News

NGCP spending P4.6 billion to reinforce Boracay transmission line
The National Grid Corp. of the Philippines (NGCP) is set to start construction of its P4.6 billion power transmission infrastructure that would assure continuous power services in the newly opened Boracay Island.
— The Philippine Star

PH to grow 6.5-7.0% in 2019 – economist
Sustained deceleration in consumer prices could support 6.5-7.0-percent economic growth next year, a Bank of the Philippine Islands (BPI) economist said on Thursday.
— The Manila Times

Over $1-B electronics investments redirected overseas — SEIPI
At least 4 electronics manufacturing companies spooked by the second tax reform package of the government have redirected more than $1 billion expansion projects to other ASEAN countries, according to the Semiconductor Electronics Industry of the Philippines, Inc.
— Manila Bulletin

9 Years After Philippine Massacre, Victims’ Relatives Still Await Justice
Nearly a decade has passed since Elliber Cablitas lost his wife, Marites, to the Philippines’ worst political massacre that left 58 dead, including journalists, yet justice has eluded him despite the government’s repeated promises that convictions will come.
— Benar News

South Korea to take back trash shipped to PH port
The South Korean government will take back a cargo of trash that has been brought to the Philippines and said it had taken steps against the exporter responsible for the importation.
— Philippine Daily Inquirer

PH cargo volume up 2.06%
Philippine cargo volume registered a modest hike in January to October 2018 due to slow growth in domestic and foreign cargo traffic during the period, according to Philippine Ports Authority (PPA).
— Malaya

65 foreign investors eyeing PH petroleum contracting
In a show of force at the launch of the Philippine Conventional Energy Contracting Program (PCECP), 65 foreign investors and more than 200 local companies have manifested interest to bid in the petroleum blocks being offered by the government, according to the Department of Energy.
— Manila Bulletin

Fix wages nationwide, labor groups tell Duterte
As the P25 minimum wage increase for Metro Manila workers took effect on Thursday, labor group Federation of Free Workers (FFW) and affiliates belonging to a coalition called Nagkaisa urged President Duterte to form a presidential commission that would study the creation of a national wage fixing mechanism.
— Philippine Daily Inquirer

Malaysian co-working space firm to invest up to USD15-M in PH
Kuala Lumpur-based Common Ground is poised to invest between USD10 million to USD15 million to open 10 co-working space hubs in Metro Manila.
— Philippine News Agency

EXCLUSIVE: Locsin shows copy of PH-China joint oil exploration deal
Foreign Affairs Secretary Teddy Boy Locsin revealed Thursday to CNN Philippines’ The Source more details on the memorandum of understanding (MOU) for a joint oil and gas exploration between the Philippines and China.
— CNN Philippines

China drives away Filipino TV crew from Panatag Shoal
China stopped a Filipino TV crew from conducting interviews in the West Philippine Sea (South China Sea) in early November, as the Chinese Coast Guard said the Filipinos cannot proceed “without the permission of China.”
— Rappler

Duterte sacks Housing Secretary-General over corruption allegations
President Rodrigo Duterte has fired Housing and Urban Development Coordinating Council (HUDCC) Secretary-General Falconi Millar over corruption allegations.
— CNN Philippines

Duterte tells Congress to make ROTC mandatory for grade 11, 12 students
President Rodrigo Duterte again voiced his determination to make the Reserved Officers Training Corps program mandatory for students.
— Rappler

DOTr scraps 15-year age limit for trucks
The Department of Transportation (DOTr) has scrapped the vehicle age limit for trucks amid the ongoing ‘truck holiday’ being staged by certain trucking groups in protest of the phasing out of trucks which are more than 15 years old.
— Philippine News Agency

Govt moves to diversify genetics of narra, rattan
The government has embarked on a robust “genetic diversity” program of the endangered narra and industrial tree rattan as a commitment to conserve forests amid seemingly irreversible deforestation that threatens economic resources.
— The Manila Times

30 Korean firms plan to establish manufacturing facilities in PH
As much as 30 members of the Korean Agricultural Machinery Industry Cooperative (KAMICO) are eyeing to establish a manufacturing facility in the Philippines that would produce farm machineries and equipment.
— Manila Bulletin

Philippines, Japan line up more projects for funding
MORE INFRASTRUCTURE projects funded by Japan advanced further in the pipeline after top economic officials from the Philippines and Japan exchanged notes during their meeting late Wednesday, while also identifying new prospects.
— BusinessWorld Online

Electronics sector expects exports to rise 6% to $35b
The semiconductor and electronics sector expects exports to increase 6 percent this year to a record $35 billion from $32.7 billion in 2017.
— Manilastandard.net

BTr awards P15-B worth of 5-yr bonds thru tap facility
The Bureau of the Treasury (BTr) on Wednesday awarded an additional PHP15 billion worth of the five-year Treasury bond (T-bond) through a tap facility following strong demand during the regular auction.
— Philippine News Agency

PHL turning into China’s enabler in ASEAN, historian says
The Philippines is becoming China’s facilitator in the region for supposedly helping the Asian superpower’s influence to spread in Southeast Asia, a military historian said on Thursday.
— GMA News

Putting up cell sites in PH is telco industry’s biggest challenge
In the Philippines, setting up more telecommunications infrastructure continues to be challenging, hampered by lengthy permit applications and some uncooperative stakeholders.
— Malaya

Bamboo house for Manila slums wins top prize in future cities contest
The creator of a low-cost house made of bamboo to tackle the chronic shortage of affordable housing in the Philippine capital has won a top international prize to design future cities in a rapidly urbanizing world.
— Reuters

Stay away from casinos, Duterte tells cops
President Rodrigo Duterte on Thursday issued a stern warning against police officers who would be spotted near casinos in Metro Manila even if they are not assigned there.
— ABS-CBN News

Expected raises for 2019 job switchers seen at 20%-60%
SENIOR and mid-level professionals switching jobs can expect pay hikes of 20%-60% as a survey of hiring activity indicated a strong job market extending to 2019, Robert Walters said in a statement on Thursday.
— BusinessWorld Online

MMDA proposes safety park, 9 footbridges in Metro Manila
The Metropolitan Manila Development Authority (MMDA) is proposing to construct next year a “Children’s Safety Park” in Pateros and nine pedestrian footbridges in Metro Manila.
— The Philippine Star

Philippines: Artists protest authoritarianism through their work
Artists in the Philippines are using their craft to fend off what they call creeping authoritarianism.
— Aljazeera

Philippines, Japan partner for smart city solutions
The Bases Conversion and Development Authority (BCDA) and the Japan External Trade Organization (JETRO) held a seminar entitled “New Clark City with Japan: Creating a Smart City with High Quality Infrastructure” to enhance its partnership in developing smart cities.
— Philippine Information Agency

DFA warns Filipinos of Dubai-based syndicates trafficking Filipinos to Iraq
The Department of Foreign Affairs (DFA) on Thursday warned Filipinos seeking jobs abroad against human trafficking syndicates based in Dubai that have been illegally deploying workers to Iraq.
— Business Mirror

16 Negros Occidental drug pushers sentenced to life imprisonment
Sixteen drug peddlers, four of them women, have been sentenced to life imprisonment for selling illegal drugs in Negros Occidental.
— The Philippine Star

 

Feature photo SuSanA Secretariat

This week’s Philippines morning news feature photo acknowledges World Toilet Day November 19

 

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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