Philippines morning news for October 2

Philippines morning news for October 2

Philippines morning newsHouse donates P6.575M for Marawi crisis victims
The House of Representatives, led by Speaker Gloria Macapagal Arroyo, donated on Monday P6.575-million to financially assist the victims of the Marawi City crisis.
— Manila Bulletin

Philippines’ manufacturing PMI steady in September
The Philippines’ manufacturing sector logged a modest expansion in September, supported by solid demand at home, according to a survey.
— Nikkei Asian Review

Bicam okays 105-day paid maternity leave
The congressional bicameral conference committee on Monday approved a bill seeking to increase the paid maternity leave period to 105 days for female workers in the government and private sector.
— Philippine News Agency

India offers $1-B loan facility for infra projects
India is offering the Philippines’ its new loan facility for the Association of Southeast Asian Nations (ASEAN) to help the Durterte administration’s “Build, Build, Build” program and digital connectivity projects.
— Manila Bulletin

House OKs bill creating disaster resilience agency
THE House of Representatives (HOR) has approved on third reading a bill mandating the setting up of the Department of Disaster Resilience (DDR), which is expected to improve the government’s capacity for disaster-risk reduction and management.
— Business Mirror

Philippines partially lifts suspension order on quarry operations
A suspension order to halt quarrying operations in selected regions of the Philippines after the landslide near the Apo-Cemex quarry in Naga City, Cebu, has been partially lifted.
— CN Cement

Singaporean firm buys into PH rural bank
Singapore-based Archipelago Capital Partners Pte. Ltd. is buying 15 percent of rural bank One Network Bank Inc. (ONB), a unit of BDO Unibank Inc.
— Malaya

Glencore mulls integrated LNG project in Philippines – source
Mining and trading giant Glencore is mulling an integrated liquefied natural gas (LNG) import project in the Philippines, a source familiar with the matter said.
— Reuters

Customs tops collection target for 8th straight month
THE BUREAU of Customs (BoC) surpassed its collection target for the eighth straight month in September, Commissioner Isidro S. Lapeña told lawmakers in the House of Representatives on Monday.
— BusinessWorld Online

US Marines, AFP launch KAMANDAG 2 exercise
The 3d Marine Expeditionary Brigade (3d MEB) and Armed Forces of the Philippines (AFP) opened exercise KAMANDAG 2 with a ceremony at the Subic Bay International Airport on Monday.
— Philippine Information Agency

U.S., PHILIPPINES TO INCREASE JOINT MILITARY ACTIVITIES DESPITE DUTERTE’S PROMISE TO PUSH OUT AMERICAN TROOPS
Ties between the U.S. military and that of the Philippines are set to increase next year, despite previous pledges from the nation’s President Rodrigo Duterte to curb relations with American forces.
— Newsweek

Makati opens satellite tax payment centers for Q4
THIRTY-ONE satellite realty tax payment centers will be opened in various barangay halls in Makati starting October 2 for real property owners with taxes due this fourth and last quarter of 2018.
— Business Mirror

Government orders PT&T to settle unpaid fees worth P500 million
The National Telecommunications Commission ordered Philippine Telegraph and Telephone Corp. to pay nearly half a billion pesos of unpaid regulatory fees as of last year.
— Manilastandard.net

Ayala, Yuchengco merge education units in P15.5-B deal
The Ayala and Yuchengco groups announced on Monday that they are merging their education units in a deal worth P15.5 billion.
— ABS-CBN News

IPOPHL to enforce mandatory mediation
The Intellectual Property Office of the Philippines (IPOPHL) said on Monday that it recently issued Memorandum Circular 008, which calls for the mandatory mediation for intellectual property cases (IP cases) starting October 5.
— The Manila Times

Megawide approves P2-B share buyback program
MEGAWIDE Construction Corp. on Monday said it will be buying back P2 billion worth of shares from the stock exchange in the next two years.
— BusinessWorld Online

The sins of President Duterte
In another rambling, indulgent, unprofessional speech before an audience of newly certified professionals, the President last Thursday took aim at the usual targets and then trained his sights on, well, himself.
— Philippine Daily Inquirer

Power restored in 465 Ilocos villages
Electricity has been restored in 465 villages in Ilocos Norte, or about 95 percent of the 557 total number, after Super Typhoon Ompong (Mangkhut) hit the province two weeks ago, Ilocos Norte Electric Cooperative (INEC) reported Friday.
— Northbound Philippines

Philippines smartphone shipments bounce back as consumers opt for higher price bands
Smartphone shipments in the Philippines reached 7.8 million units in H1, posting 5.6 percent growth year-on-year and allowing the market to bounce back from the 6.6 percent decline experienced in H1 2017, according to research by IDC.
— Telecompaper

Islamic State fighters return to Mindanao
Battle-hardened Islamic State (IS) fighters fleeing lost territory in Syria and Iraq have returned to Mindanao to try to establish a province for the jihadi group in Southeast Asia, the Washington Times reported on Sunday.
— Philippine Daily Inquirer

La Union mayor Alexander Buquing shot dead
Alexander “Alan” Buquing, the mayor of Sudipen town in La Union, was shot dead on Monday, October 1.
— Rappler

9 strange laws that exist in the Philippines
Then President Ferdinand Marcos signed Proclamation Number 1477 declaring September 19 as Law Day. This was seconded by President Fidel Ramos when in 1995, he signed Proclamation Number 640 declaring the third week of September as National Law Week.
— GMA News

 

Feature photo Asian Development Bank

This week’s Philippines morning news feature photo acknowledges World Teachers’ Day, October 5.

 

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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