Philippines morning news for July 11

Philippines morning news for July 11

Philippines morning newsFDI net inflows fall to $961M in April
NET inflows of foreign direct investments (FDI) posted a double-digit decline in April amid positive balances in the month, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday.
— The Manila Times

Trade deficit narrows in May 2019 as imports drop
The Philippines saw a smaller trade deficit in May 2019 as imports for that month posted a 5.4% year-on-year decrease to $9.97 billion while exports managed to inch up, according to the Philippine Statistics Authority (PSA) .
— Rappler

Deal inked to boost ease of doing business in PH
The Board of Investments (BOI), Trade department, Investments Ombudsman, Civil Service Commission and more than 30 other government agencies signed on Wednesday the amended Investments Promotion Units Network Memorandum of Agreement (IPU Net MOA) which aims to further promote ease of doing business in the country.
— The Manila Times

China shuns war in SCS: foreign ministry spox
Chinese Foreign Ministry Spokesperson Lu Kang said on Tuesday China does not want any escalation of tensions that may lead to war in the South China Sea.
— Philippine News Agency

Solon seeks ramp-up spending on health infrastructure dev’t
Senator Pia Cayetano wants to prioritize and ramp up spending on health infrastructure over the next five years to meet the increasing need for better public health services.
— Philippine News Agency

DFA chief wants Constitution changed to allow war as instrument of nat’l policy
Foreign Affairs Secretary Teodoro “Teddy Boy” Locsin, Jr. on Wednesday said the Constitution needs to be amended to remove the “traitorous” provision that “renounces war as an instrument of national policy.”
— CNN Philippines

PDEA acquires 100 dogs, handlers for intensified anti-drug ops
To enhance its operational capability in line with the national anti-drug campaign, the Philippine Drug Enforcement Agency (PDEA) on Wednesday welcomed 100 new K9 handlers and their partner drug-sniffing dogs as the newest members of its K9 interdiction unit.
— Philippine News Agency

On Duterte’s 4th SONA, Hontiveros wishes end to EJK, Cha-Cha
At the upcoming State of the Nation Address, Senator Risa Hontiveros wishes President Rodrigo Duterte would announce the end of the campaign against illegal drugs and charter change.
— Rappler

President Duterte warns of “dangerous times ahead,” stresses need to better equip AFP, PNP
President Rodrigo Duterte warned there could be “dangerous times ahead” which necessitated strengthening the country’s military and police, including equipping them properly with “armaments.”
— Eagle News

Investment pledges grew 27% to P304b in first half
Investment commitments climbed 27.4 percent in the first half to P304.4 billion from a year ago, the Board of Investments said Wednesday.
— Manilastandard.net

‘PHL economy’s engine can’t hack a 7-8% growth, more investments needed’
THE Philippine economy is not built to post a growth of 7 or 8 percent, Ateneo Center for Economic Research and Development (Acerd) Director Alvin P. Ang said in a forum on Wednesday, even as a ranking government official admitted that growth is not the end-goal of the Duterte administration, but reducing poverty and creating opportunity.
— Business Mirror

PHL faces another international probe–this time on labor-related slays
THE country may soon be the subject of another international probe, this time on the alleged high number of local labor-related killings in the country.
— Business Mirror

PEZA seeks exemption for 8 cities from AO 18 coverage
Eight cities in Metro Manila with nothing or less IT Parks and Centers maybe exempted from the coverage of Administrative Order (AO) 18, which imposes a moratorium on the proclamation and approval of these special ecozones in the metropolis.
— Manila Bulletin

Israel signs P44-B loan agreement to support solar irrigation
THE Agriculture department said Israel has agreed to assist the Philippines in a project that intends to promote the use of solar-powered irrigation.
— BusinessWorld Online

Rediscount loans climb
BANKS increased their availments from the central bank’s rediscount window in June, with the credit going to commercial, production and other transactions.
— BusinessWorld Online

Fund for rice farmers to get P5 billion from DBM this year
THE Department of Budget and Management (DBM) said on Wednesday that it will soon release P5 billion for a fund that seeks to improve the competitiveness of Filipino rice farmers.
— Business Mirror

POGOs seen dominating Philippine office demand by year-end — Leechiu
Philippine Offshore Gaming Operators, or POGOS, are expected to be the largest consumer of office space in Metro Manila and overtake the IT-BPM industry in terms of office demand, global real estate services firm Leechiu Property Consultants reported Wednesday.
— The Philippine Star

Isko Moreno warns: Businesses without permits face closure
Manila Mayor Isko Moreno reminded business establishments on Wednesday, July 10, to make sure they had permits to operate in the city or risk closure.
— Rappler

COA: PCSO owes gov’t P12.6B of unremitted earnings
The Philippine Charity Sweepstakes Office (PCSO) did not remit P8 billion of its earnings to the national government as required by law, according to the Commission on Audit (COA).
— GMA News

Duterte Effortlessly Mocks Opponents Whose War Lust Would Usher in Death For Millions of Filipinos
Philippine President Rodrigo Duterte has used a sardonic speech to mock the madness of his political opponents who somehow believe that The Philippines can or should militarily challenges China in the South China Sea.
— Eurasia Future

Authorities confirm ‘first Filipino suicide bomber’ in Sulu military camp blasts
A Filipino was one of the suspects in the suicide bombing of a Sulu military base on June 28.
— CNN Philippines

Ratings upgrade to spur rise in FDIs: Diokno
Foreign Direct Investments (FDIs) into the Philippines will likely increase further in the coming months due in part to the recent upgrade of the country’s credit rating as well as the decline in inflation last June.
— Philippine News Agency

Duterte orders ‘freezing’ of Customs execs, employees amid corruption charges
President Rodrigo Duterte has ordered the freezing of several high-ranking officials and employees of the Bureau of Customs amid alleged corruption anomalies, his spokesperson, Salvador Panelo said.
— GMA News

PEZA fails to collect P23 million permit, admin fees from locators
The Philippine Economic Zone Authority (PEZA) has failed to collect P23 million permit, inspection and administrative fees from businesses under its jurisdiction, the Commission on Audit (COA) said.
— GMA News

Exports rose 1% to $6.2b in May — PSA
Exports rose for a second month on higher demand for electronic products, data from the Philippine Statistics Authority show.
— Manilastandard.net

SWS: PHL control over West PH Sea important to 93% of Pinoys
At least 93 percent of Filipino adults say that it is important that the Philippine government regain control over the islands occupied by China in the West Philippine Sea, according to the Second Quarter 2019 Social Weather Survey (SWS).
— GMA News

Govt to step up drive vs illicit tobacco trade
Following the recent approval by Congress of a new law imposing substantial excise tax increases on tobacco products, the Department of Finance (DoF) has directed the bureaus of Internal Revenue (BIR) and of Customs (BoC) to step up their joint campaign against the illicit cigarette trade in the country.
— The Manila Times

Kidapawan radio station manager shot dead
Gunmen shot dead the Brigada News FM radio station manager here, a day after another station manager from the same network was hit by human waste in nearby Cotabato City.
— Inquirer,net

Human trafficking victims rescued in Nueva Ecija
Four women, including two minors, were saved by authorities from a bar which is allegedly being used as a front for prostitution in Barangay Sampaloc here on Tuesday, police said.
— Philippine News Agency

Bill giving Duterte emergency powers to solve traffic problems filed in Senate
A bill seeking to grant emergency powers for two years to President Rodrigo Duterte to address traffic problems in Metro Manila, Metro Cebu, Davao City, Cagayan de Oro, and other highly urbanized cities has been filed in the Senate.
— GMA News

ARTA urges LTFRB to relax bank conformity requirement
The Anti-Red Tape Authority (ARTA) on Tuesday asked the Land Transportation Franchising and Regulatory Board (LTFRB) to relax its rule on requiring bank conformity for securing a Certificate of Public Convenience (CPC) for transport network vehicle services (TNVS) operators.
— Philippine News Agency

P3.9-M tramline eases transport woes of Silay City upland farmers
It used to take farmers in the upland village of Patag in Silay City, Negros Occidental almost half a day of walking to bring their produce to the market.
— Philippine News Agency

NCR seen as world’s 3rd largest office market
Metro Manila can become the third-largest office market in the world with the online gaming industry forecasted to be the largest consumer of office spaces this year, overtaking the information technology-business process outsourcing (IT-BPO) industry, according to a global real services firm.
— Philippine News Agency

Panelo hits back at Amnesty Int’l: Don’t parrot bogus drug war info
Presidential Spokesman Salvador Panelo on Wednesday urged Amnesty International to stop peddling “bogus information” on the Duterte administration’s war on drugs.
— Inquirer.net

Dengue cases in Pangasinan down by 31%
The Provincial Health Office (PHO) has recorded 1,547 dengue cases from January to July 8 this year, 31 percent lower than the 2,250 cases in the same period last year.
— Philippine News Agency

New rails for MRT-3 arrive in PH
Brand new rails will soon be placed on the tracks of the Metro Rail Transit Line 3 (MRT-3) as 100 percent of the rail shipment has arrived at Harbor Centre Port Terminal in Manila Tuesday night for the overhaul and comprehensive rehabilitation of the rail line.
— Philippine News Agency

‘911 TESDA’ app orientation draws 400 TVIs
Technical Education and Skills Development Authority – National Capital Region (TESDA-NCR) on Wednesday gathered representatives from 400 technical vocational institutions (TVIs) to orient them about the “911 TESDA” app that will be launched on July 18, and to ask them to encourage their graduates to register for this.
— Philippine News Agency

Arab bizmen scouting for investment prospects in PH
A group of Arab investors are in the country scouting for business opportunities.
— Philippine News Agency

SC suspends lawyer for sexual advances to students
The Supreme Court has suspended a lawyer from the practice of law for five years and barred from teaching law in any school for 10 years for making sexual advances to his students.
— Tempo

DOH seeks local law vs. dengue
With the efforts to eradicate dengue cases in the region, the Department of Health (DOH) region 2 has urged newly elected local law makers to pass ordinance penalizing households with mosquito larvae in their surroundings.
— Philippine Information Agency

Women leaders push for women workers’ right in construction sector
Women leaders are pushing for rights of women workers in the construction sector. They’re calling on private firms and concerned agencies to provide separate facilities for women and to absorb more women in the construction industry workforce.
— Philippine Information Agency

 

Feature photo The Wandering Angel

This week’s Philippines morning news feature photo focuses on Asean’s endangered species, here, the Philippine Eagle (Pithecophaga jefferyi).

 

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.

 

The following two tabs change content below.

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.

Latest posts by Stella-maris Ewudolu (see all)

Support independent media by sharing

Leave a Reply

Your email address will not be published.