Philippines morning news for April 22

Philippines morning news for April 22

Philippines morning newsDOF: P1.01B daily underspending in Q1 due to reenacted budget
The government was unable to spend more than P1 billion per day on public goods and services as it had ought to during the first quarter due to the budget impasse in Congress, according to the head of the Duterte administration’s economic team.
— Philippine Daily Inquirer

NG’s Q1 budget gap down 41% to P90.2B
THE national government recorded a budget deficit of P90.245 billion for the first quarter of 2019, as expenditures outpaced revenues, but the gap was much lower than last year’s, according to data from the Bureau of the Treasury (BTr).
— Business Mirror

Virtual currency transactions double to $390 million in 2018
Transactions involving virtual currencies more than doubled last year despite several advisories issued by the Bangko Sentral ng Pilipinas (BSP) cautioning the public on the acquisition, possession and trading of virtual currencies, particularly bitcoins.
— The Philippine Star

Philippines-South Korea to finish free trade deal by November
The Philippines and South Korea want to finish a free trade deal by November, a move that will make it easier for local bananas, among other goods, to enter the Korean market, top officials said.
— Philippine Daily Inquirer

A formula for the Philippines, China, and Vietnam in the West Philippine Sea-South China Sea and other participants
At some point now or sooner than later, the claimants in the South China Sea/West Philippine Sea will have to sit down and agree on a seismic and oil exploration program to be fol­lowed by a definitive oil drilling and development schedule for a satisfac­tory commercial petroleum discovery which is anticipated.
— Manila Bulletin

Inflation remains a threat — BSP
Inflation remains a threat as expectations remain close to the upper end of the government’s two to four percent target, according to the Bangko Sentral ng Pilipinas.
— The Philippine Star

P30-B funding in 2019 budget assured for Bangsamoro
SEN. Juan Edgardo Angara has assured the inclusion of a P30-billion allocation in the P3.7-trillion national budget of 2019 for the Bangsamoro region.
— Business Mirror

ADB assistance releases increase 12.5% to $35.8 billion in 2018
Total assistance released by the Asian Development Bank (ADB) jumped last year after the Manila-based lender boosted its support in helping Asia and the Pacific countries cope with the challenges and opportunities.
— Manila Bulletin

‘On the President’s Orders’: New film shines spotlight on Duterte’s brutal war on drugs
On the President’s Orders is a documentary set in the Philippines that investigates President Duterte’s bloody campaign against drug dealers and addicts.
— The National (video)

BSP doubles term deposit volume as liquidity returns
The Bangko Sentral ng Pilipinas (BSP) is slowly increasing the volume of one of its liquidity absorption facilities with the normalization of the amount of money circulating in the economy.
— The Philippine Star

Philippines can’t do anything drastic vs Chinese provocations
The Philippines cannot do anything “drastic” against Chinese provocations in the West Philippine Sea, Malacañang stressed yesterday after the official organization of Filipino lawyers and some fishermen asked the Supreme Court to compel the government to do something about Chinese environmental depredation in Philippine waters.
— The Philippine Star

Boracay tourist arrivals up for Holy Week 2019
The world-famous island of Boracay has recorded a 9% increase in the number of tourists for Holy Week, so far, according to the Malay Municipal Tourism Office.
— Rappler

Filipino sailors remitted over $1 billion in January-February 2019
Filipino sailors on foreign vessels wired home $1.05 billion in remittances (P54 billion)* for the first two months of 2019, said the ACTS-OFW party-list group on Saturday, April 20.
— Rappler

Extreme Easter in the Philippines
A man was nailed to a cross with up to 10 more to follow while barefoot men beat themselves with flails on Good Friday, in a blood-soaked display of religious fervour in the Philippines.
— The Asean Post

DOF: PHL still on track to achieve upper middle-income status in 2019
The Philippines is still on track to score an upper middle-income status from the World Bank in 2019 even as the multilateral lender downgraded its growth forecast for the year, Finance Secretary Carlos Dominguez III said.
— GMA News

Heat indexes in 15 areas in PH reach ‘danger’ levels — Pagasa
HEAT indexes in 15 areas across the country reached “danger” levels on Saturday, the state weather bureau said.
— The Manila Times

BIR to start accepting applications for tax amnesty on April 24
THE Bureau of Internal Revenue (BIR) will start accepting tax amnesty applications on April 24 under the legislated program that gives taxpayers a year for its availment and providing them a clean slate once accomplished.
— Business Mirror

Philippines pushes establishment of Asean privacy forum
The Philippines is co-leading the push for the establishment of a data privacy protection authority in the Association of Southeast Asian Nations, the head of the National Privacy Commission (NPC) said.
— The Philippine Star

Philippines expresses solidarity with Sri Lanka over deadly attacks
The Philippines expressed its solidarity and offered its prayers to the people and government of Sri Lanka following a string of bomb attacks on several churches and hotels on Sunday that killed at least 207 people and wounded hundreds more.
— Xinhuanet

Philippines woos US investors to Build Build Build
The Philippines is wooing American investors to participate in the country’s massive infrastructure buildup through the Build Build Build program during the Philippine Day Forum held in Washington, following successful roadshows in Japan and China.
— The Philippine Star

Duterte accuses ex-cop Acierto of committing high treason
President Rodrigo Duterte said Sunday that dismissed Police Colonel Eduardo Acierto could be charged of high treason for selling to communist rebels firearms purchased by the government for its security forces.
— GMA News

‘Manila’s hosting of Boao Forum prelude to ‘Belt and Road’ meet in Beijing’
A perfect prelude to Manila’s participation in the “Belt and Road” Forum.
— ABS-CBN News (video)

P1.2B of funding for building green, open spaces released
THE Department of Budget and Management (DBM) has released more than P1.2 billion for building better open spaces under its “Green, Green, Green” program.
— Business Mirror

12,000 Moro rebels demobilized this year
The Moro Islamic Liberation Front (MILF) would demobilize some 12,000 of its combatants this year, according to Presidential Peace Adviser Carlito Galvez Jr.
— Inquirer.net

Nestlé Philippines targets to use 100% recyclable packaging by 2025
WHILE it is working towards making the packaging of its products 100% recyclable in six years, Nestlé Philippines needs support from the government and other stakeholders on recycling efforts.
— BusinessWorld Online

29 transmission projects worth P90b declared as important for the nation
The Energy Investment Coordinating Council declared 29 transmission projects of National Grid Corp. of the Philippines with a combined investment cost of P90.291 billion as energy projects of national significance.
— Manilastandard.net

PH unlikely to develop nuclear weapons
Department of National Defense (DND) Secretary Delfin Lorenzana said the Philippines is not keen on developing nuclear weapons.
— Philippine News Agency

DTI to expedite permit process for integrated steel projects
THE Department of Trade and Industry (DTI) said it will expedite the permit process for the construction of steel plants in the Philippines on orders from President Rodrigo R. Duterte.
— BusinessWorld Online

NGCP reinforces power transmission line in Bataan with P3.3-B project
Grid reinforcement along Bataan route has been sorted out with a P3.3-billion project – fortifying the transmission of power capacity then that’s traversing that path.
— Manila Bulletin

Farmers sell working animals as El Niño bites
Farmers in Soccsksargen region in central Mindanao are selling their working animals to avert further losses, as about 15,000 hectares of farmlands in the region have reported crop damage from the impact of the El Nio.
— Inquirer.net

Duterte says US afraid of war vs. China, calls Del Rosario stupid
President Rodrigo Duterte said Sunday that the United States is scared of the idea of declaring war with China over the dispute in the West Philippine Sea, saying the cause is not worth sparking third world war.
— GMA News

BARMM birth pains include delayed salaries
Thousands of regular employees at the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) have received their salaries late while the new ones, including interim Chief Minister Murad Ebrahim, have not been paid at all, the Inquirer learned last week.
— Inquirer.net

Hosts Philippines to attend Singapore’s Merlion Cup as they prepare for 2019 Southeast Asian Games
2019 Southeast Asian (SEA) Games hosts Philippines will send their U-22 national team to take part in the Merlion Cup which will be held in Singapore in June.
— FOX Sports

Environmental groups press return of waste to Canada
The EcoWaste Coalition and four other environmental groups have renewed their call for Canada to take back waste sent to the Philippines six years ago, following a legal opinion that the north American country has violated the Basel Convention.
— Inquirer.net

Sweden to become major destination for skilled Filipino workers – Swedish ambassador
Sweden is poised to become one of the major destinations for professional and skilled Filipino workers who wish to work abroad and bring their families with them.
— Manila Bulletin

No reports of Filipino casualties in Sri Lanka blasts — DFA
There has been no report of any Filipino hurt following a series of explosions in churches and hotels in Sri Lanka, the Department of Foreign Affairs (DFA) said Sunday.
— Inquirer.net

Groups line up for land reclamation
PROPERTY DEVELOPERS and local government units (LGUs) alike are rushing to get a slice of the robust demand for real estate projects in the so-called Bay Area, with the Philippine Reclamation Authority (PRA) awash with almost two dozen applications to reclaim more land along the Manila Bay.
— BusinessWorld Online

Priest: Vote for officials who will protect the environment
Choose candidates who will protect the environment, Reverend Fr. Eleuterio Datoy, parish priest of Christ the King Sub-Parish, urged devotees on Good Friday during a Mass he celebrated on top of Dunque Hill.
— Inquirer.net

Help prevent grassfires, Ilocos Norte residents urged
The Environment and Natural Resources Office (ENRO) in Ilocos Norte has called on local residents, particularly those living in mountainous areas, to help prevent the occurrence of grassfires this summer.
— Philippine News Agency

Estrada continues to lead opponents in Manila mayoralty race — survey
WITH less than a month before the midterm elections, Manila Mayor Joseph “Erap” Estrada continues to lead his opponents by a wide margin and will likely win his third and last term, a non-commissioned survey in April said.
— The Manila Times

Duterte calls Misuari warrior, brave patriot
Moro National Liberation Front chairman Nur Misuari is a brave patriot and warrior who has an open heart for others, President Duterte said recently.
— Tempo

FILSCAP: Only 2 bets have licenses to use copyrighted music for campaigns
Out of all the candidates gunning for electoral posts in the midterm elections next month, only two of them secured the necessary licenses for their respective campaign jingles, the Filipino Society of Composers, Authors and Publishers Inc. (FILSCAP)  said.
— GMA News

NCRPO’s enhanced security coverage includes malls, tourist spots
After ensuring the safety of the public during the Holy Week celebrations, the National Capital Region Police Office (NCRPO) has enhanced its security coverage to include tourist destinations, malls and shopping centers in Metro Manila.
— Philippine News Agency

Locsin denies China’s poaching in Scarborough Shoal ‘just about clams’
Foreign Affairs Secretary Teddy Locsin Jr. has clarified that he does not think China’s extraction of giant clams at the Scarborough Shoal is just about clams, and has vowed to do action for the protection of the endangered species.
— GMA News

Blast rocks Davao City police office
An explosion rocked the Davao City Police Office on Black Saturday, April 20, after a recovered bomb blew up inside a stockroom in the compound.
— Rappler

Eastmincom facilitates E-CLIP enrolment of 13 NPA surrenderers
Some 13 members of the New People’s Army (NPA) who were received by the different Philippine Army units last week are undergoing assessment and interview for their enrolment to the government’s Enhanced-Comprehensive Local Integration Program (E-CLIP).
— Philippine News Agency

Don’t laud China for restoring what it destroyed, DFA chief says
China should not be praised for restoring coral reefs it previously destroyed, Foreign Affairs Secretary Teodoro Locsin Jr said Saturday.
— Spratly Islands

DOJ wants ‘better deal’ from Imelda Marcos paintings
Justice Secretary Menardo Guevarra said the government deserved to get a “better deal” from the $20-million sale of some of former first lady Imelda Marcos’ seized paintings in the United States.
— Inquirer.net

DENR removes hostel’s illegal drain pipe along El Nido beach
The Department of Environment and Natural Resources (DENR) removed a hostel’s illegal drainage pipe that was installed along the beach at Barangay Corong-Corong in El Nido, Palawan.
— Rappler

 

Feature photo Intellectual Property Office of the Philippines

This week’s Philippines morning news feature photo acknowledges World Intellectual Property Day, April 26.

 

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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