Philippines morning news for June 11

Philippines morning news for June 11

Philippines morning newsFDI levels down 15% in Q1 to $1.94 billion–BSP
LONG-TERM investments made by foreign players declined in the first quarter of the year, as a significant chunk of investment withdrawals were seen early in 2019, latest data from the Bangko Sentral ng Pilipinas (BSP) showed.
— Business Mirror

Duterte asks top PhilHealth officials to resign
President Duterte has asked the six board members and the president of the Philippine Health Insurance Corp. to turn in their resignations for allowing the State insurance fund to lose millions in fraudulent claims.
— Tempo

Borrowings in Q3 seen below P300 billion
THE borrowing program for the third quarter this year will likely be lower than P300 billion, in line with the slow disbursements made by the government during the first few months of 2019, the Bureau of the Treasury (BTr) said on Monday.
— Business Mirror

PRRD accepts shift to federalism may not happen within his term
Despite a shift to federalism being among his campaign promises, President Rodrigo Duterte has accepted that a new system of government may not be possible within his term.
— Philippine News Agency

Tourism’s GDP share rises in 2018 despite Boracay closure
Despite the 6-month closure of Boracay , the tourism industry’s contribution to the country’s gross domestic product (GDP) increased by 12.7% in 2018.
— Rappler

Duque expects spike of dengue cases this year; 1,121 new dengue cases recorded
Health Secretary Francisco Duque III is hoping that cases of dengue this year would not reach over 200,000 amid expected spike on the number of dengue cases by the end of 2019.
— Manila Bulletin

DoF: Govt reined in inflation in 11 months
THE Duterte administration did better than its predecessors in reining in upward price pressures to the country’s inflation rate, the Department of Finance (DoF) claimed on Monday.
— The Manila Times

NBI arrests co-owner of WellMed dialysis center
The National Bureau of Investigation has arrested one of the owners of WellMed Dialysis Center, Justice Secretary Menardo Guevarra confirmed on Monday, June 10.
— Eagle News

Winning candidates without SOCE can’t assume posts, DILG warns
Winning candidates who fail to file their Statements of Contributions and Expenses (SOCEs) will not be allowed to assume their posts, the Department of the Interior and Local Government (DILG) warned on Monday.
— Manila Bulletin

PH jails 439.48% congested – COA
The country’s jails are congested by at least 439.48 percent or 111,046 in excess of the ideal capacity of 25,268 inmates based on both local and international standards, the Commission on Audit (COA) said.
— Manila Bulletin

Ilocos Norte pushes for anti-plastic ordinance
In a bid to beat plastic pollution, the Ilocos Norte government, through the provincial board, has proposed to regulate single-use plastics in the entire province.
— Philippine News Agency

Lorenzana downplays presence of Chinese warship near Scarborough
Defense Secretary Delfin Lorenzana has downplayed the reported presence of a Chinese navy ship near Scarborough Shoal in the West Philippine Sea.
— Inquirer.net

NBI starts probe into alleged ‘ghost dialysis’ scam
The National Bureau of Investigation (NBI) has started its probe into an alleged scam involving a healthcare provider supposedly claiming deceased patients’ PhilHealth benefits.
— GMA News

Court freezes Kapa-Community Ministry’s assets over Ponzi scheme
Kapa-Community Ministry International ‘s bank accounts and assets were ordered frozen by the Court of Appeals (CA) over allegations that it operated the largest investment scam in recent Philippine history.
— Rappler

Philippines on the horns of a superpower dilemma
As US-China rivalry boils ever hotter in the contested South China Sea, Philippine President Rodrigo Duterte finds himself on the horns of a high stakes strategic dilemma.
— Asia Times

Customs to streamline processes, operations
The Bureau of Customs (BOC) said over the weekend it is planning to launch this month new system modernization initiatives that aim to streamline the agency’s processes and operations.
— The Philippine Star

PCCI asks government bodies to address investors’ fears on red tape, graft
THE country’s largest business network on Monday called on local and national government agencies to improve their good governance measures to attract larger investments to the Philippines.
— Business Mirror

DTI to tighten PS rules, rid market of substandard products
The Department of Trade and Industry (DTI) is tightening its standard certification procedures as part of efforts to rid the market of substandard products.
— Business Mirror

SEC goes after religious group operating scam
THE Securities and Exchange Commission (SEC) obtained a freeze order on several bank accounts and assets of Kapa-Community Ministry International, Inc. (KAPA), which it described as operating one of the biggest investment scams in the country.
— BusinessWorld Online

Rediscount borrowings by banks decline in May
BANKS TOOK less loans out of the central bank’s rediscount window in May, with the credit going to their purchases and commercial credits.
— BusinessWorld Online

Russia open to forge labor deal with Philippines
A key official of the Russian government has cited the need for a labor agreement between the Philippines and Russia as he acknowledged the vital role some 10,000 “undocumented” overseas Filipino workers play in their local economy.
— The Philippine Star

Clark Industrial Estate now a global hub of commerce, industry
PRESIDENT Rodrigo Duterte has signed a directive turning the Clark Industrial Estate 5 (IE5) into an international center of commerce, industry, leisure and recreation.
— The Manila Times

SEC to file criminal charges vs. Kapa over alleged scam
The Securities and Exchange Commission (SEC) on Monday said it intends to file criminal charges against Kapa-Community Ministry International, Inc. (KAPA) and its officials for operating an alleged fraudulent scheme which it considers as the biggest investment scam ever seen in the country.
— Philippine News Agency

President Duterte reclassifies Clark IE5 as int’l center of commerce, logistics, recreation
President Rodrigo Duterte has reclassified the Clark Industrial Estate 5 in Pampanga as an international center for commerce, aviation, logistics, industry, leisure and recreation.
— Eagle News

Vietnam warns PH cement safeguard ‘violates’ WTO
Vietnam, the largest cement exporter to the Philippines, has warned that the imposition of safeguard duty on imported cement is “inconsistent” with the WTO agreements.
— Manila Bulletin

DOE fleshing out LNG pricing and contracting for PH
With help from the shale gas-swamped United States, the Department of Energy (DOE) has started fleshing out the pricing matrix for liquefied natural gas (LNG), as this sector builds up capacity for the country’s future energy mix.
— Manila Bulletin

PIA chief under probe over corruption allegations – Andanar
The Presidential Communications Operations Office (PCOO) is investigating the Philippine Information Agency (PIA) director general over allegations of corruption.
— Inquirer.net

Chinese warship circling Scarborough Shoal
The Philippine Coast Guard said Monday it has spotted a Chinese warship among vessels recently circling the disputed Scarborough Shoal.
— CNN Philippines

Imelda, Irene Marcos urge Sandiganbayan to reject evidence in forfeiture of alleged ill-gotten paintings
Outgoing Ilocos Norte Representative Imelda Marcos and her daughter, Irene Marcos-Araneta, have urged the Sandiganbayan to reject the evidence of the government in their 28-year-old civil case on the forfeiture of alleged ill-gotten paintings.
— GMA News

Trash from Australia to be sent back, Locsin says
Foreign Affairs Secretary Teodoro Locsin Jr. on Monday said the trash from Australia would be returned, even if the Department of Environment and Natural Resources (DENR) said they are engineered fuel used by cement factories.
— GMA News

Banks lift financing barrier on Kia vehicles
Kia Philippines is confident of meeting its 10,000 unit sales target for the year as local banks now allow car buyers of Kia vehicles low down payment financing schemes after the Ayala-owned AC Industrials became the official distributor of the Korean vehicle in the Philippines.
— Manila Bulletin

Ex-PNP director named new PDEA deputy director general
President Rodrigo Duterte has appointed former Philippine National Police (PNP) Directorate for Intelligence, Gregorio Pimentel, as Deputy Director General of the Philippine Drug Enforcement Agency (PDEA).
— Philippine News Agency

ASEAN endorses Filipino as deputy director general of International Organization for Migration
Senior Officials of the Association of Southeast Asian Nations (ASEAN) has designated a Geneva-based Filipino envoy as their candidate for the position of Deputy Director General (DDG) of the International Organization for Migration (IOM).
— Manila Bulletin

Alsons to spend P21 billion on two power projects
Alsons Consolidated Resources Inc., the publicly-listed company of the Alcantara Group, may invest up to P21 billion until 2022 on two new power projects with a combined power output of 120 megawatts.
— Manilastandard.net

Woman arrested for ‘forcing’ 2-yr-old son to drink, smoke
Police rescued on Monday a 2-year-old boy who was allegedly forced by his mother to drink liquor and smoke a cigarette in Quezon City.
— Inquirer.net

40 Filipino WWII vets receive US Congressional Gold Medal
The US government on Monday honored 40 Filipino war veterans with the US Congressional Gold Medal for their service and sacrifice during World War II.
— GMA News

NBI raids religious group’s office after Duterte order
The National Bureau of Investigation (NBI) on Monday (June 10) raided the compound housing the offices of a religious group which President Duterte had tagged in a pyramid scam.
— Inquirer.net

Free tuition for Bacolod City College approved
The Bacolod City College (BCC) is now among the local universities and colleges (LUCs) offering free tuition and miscellaneous fees under Republic Act 10931 or the Universal Access to Quality Tertiary Education Act (UAQTEA).
— Philippine News Agency

PMA Alumni Association declares Erwin Tulfo persona non grata
The Philippine Military Academy Alumni Association, Inc. (PMAAAI) on Monday declared radio broadcaster Erwin Tulfo persona non grata after he berated retired military general and incumbent Social Welfare and Development Secretary Rolando Bautista on his radio program last month.
— GMA News

PAGASA Issues Thunderstorm Advisory In the Following Areas
Thunderstorm Advisory Issued by PAGASA in the Following Areas (June 10 – Monday) The state weather bureau PAGASA issued a thunderstorm advisory in the following areas informing the public of current weather condition.
— Philippine News

Faster Internet In The Country By Next Year
A Third Telco Could Have It’s License By This Month FASTER INTERNET – For the Philippines, the Information and communications technology could have a huge significant improvement.
— Philippine News

Lacson: If Duterte delivers on his two recent promises, he “deserves to be President for life”
For Senator Panfilo Lacson, President Rodrigo Duterte deserves to be “president for life” if he can deliver on two promises he recently made.
— Eagle News

PNP seeks probe into ‘planted’ Chinese flags in Luneta
The Philippine National Police (PNP) will probe the supposed planting of Chinese flags by Luneta Park vendors ahead of the 2019 Independence Day, top cop General Oscar Albayalde said on Monday, June 10.
— Rappler

DA targets at least 1 million kilos of excess mangoes to be sold
After mango farmers struggled to make profit due to excess supply, the Department of Agriculture (DA) launched a metro-wide marketing campaign to reduce the oversupply by at least half, or one million kilos of the fruit.
— Rappler

‘Longer maternity leaves means firms need contingency plans’
The newly enacted Expanded Maternity Leave Act, which grants mothers over three months of paid leave, should prompt companies to pay close attention to their business continuity plan especially if their employees are looking to raise a family soon.
— Inquirer.net

CHED clarifies issues on college admission policy
The Commission on Higher Education (CHED)-9 clarified that high school graduates from the previous curriculum and those who have completed the Alternative Learning System can be accepted as first year students under the new higher education curricular.
— Philippine Information Agency

DepEd accuses ACT official of ‘credit-grabbing’
The Department of Education (DepEd) on Monday called out an official of the Alliance of Concerned Teachers (ACT) for supposed credit-grabbing on initiatives to construct administration buildings.
— GMA News

Chinese-funded solar project lights up town
It’s a double celebration for Jaderick Castillo, 12, and some other 1,000 residents of a village of this town in Zambales.
— Tempo

Locsin: Ban on gov’t execs attending int’l climate change conferences covers only DFA
Foreign Affairs Secretary Teodoro Locsin Jr. on Monday said that his recent pronouncement on the Philippines rejecting invitations for climate change talks abroad was only limited to the Department of Foreign Affairs.
— GMA News

All hope is not lost for vanishing Palawan pangolin
Whenever they hike through a vast, lush forest in Palawan, 25-year-old Jonhlee Pastrana and another wildlife research assistant usually have a GPS device and a satellite phone with them.
— Rappler

DOJ: Oriental Mindoro prosecutor attacked; sustains five gunshot wounds in head, body
The Oriental Mindoro provincial prosecutor was shot on Monday, June 10, Justice Undersecretary Markk Perete said. Perete said Josephine Caranto-Olivar was attacked as she entered her house.
— Eagle News

Duterte vows to resolve flight woes ‘within a month’
PRESIDENT Rodrigo Duterte vowed to resolve the issues of flight delays and cancellations, as he conducted a “surprise inspection” at the Ninoy Aquino International Airport-Terminal 2 (NAIA2) early Monday morning, Malacañang said.
— The Manila Times

Biz group says CBAs better avenue for settling wage hike issues
An influential business group representing mostly the manufacturing sector believes that petitions for wage increases are better settled through collective bargaining agreements (CBA) between the management and employees of companies rather than pursuing it by legislation.
— Philippine News Agency

CHR probes ‘mistaken arrest’ of journalist in Mindanao
The Commission on Human Rights (CHR) on Monday said it is set to probe the “mistaken arrest” of a veteran community journalist in Mindanao.
— Inquirer.net

Ex-NYC officials: ‘Overage’ Cardema in House would disenfranchise the youth
Former officials of the National Youth Commission (NYC) have called on the Commission on Elections to junk the bid of former NYC chairperson Ronald Cardema to replace his wife as party-list representative for the Duterte Youth party-list, saying that his being overage violates the law and disenfranchises the youth sector in Congress.
— GMA News

 

Feature photo Rakso Air Travel & Tours

This week’s Philippines morning news feature photo acknowledges Philippines Independence Day, June 12.

 

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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