Philippines morning news for March 19

Philippines morning news for March 19

Philippines morning news

Budget surplus reaches P44.5b as spending falls
The government posted a budget surplus of P44.5 billion in January, or more than four times higher than the P10.2-billion surplus recorded a year ago, as revenues rose and spending fell following the failure of Congress to pass a new budget, data from the Bureau of the Treasury show.
— Manilastandard.net

House recalls version of 2019 budget to end standoff with Senate
In a move seen as a way to end the budget impasse, the House leadership on Monday, March 18, recalled the enrolled version of the 2019 it earlier forwarded to the Senate.
— Rappler

Dead whale in Philippines had 40kg of plastic in stomach
A starving whale with 40 kilos of plastic trash in its stomach has died after being washed ashore in the Philippines, activists said Monday, calling it one of the worst cases of poisoning they have seen.
— Bangkok Post

Philippines secures $1.24 billion in investment pledges from Japan
The Philippines secured $1.24 billion worth of investment pledges from Japanese firms that are planning to conduct new projects or expand operations in the country.
— Rappler

House to withdraw budget version it sent to Senate, ending standoff
THE House of Representatives on Monday said it will withdraw the copy of the enrolled 2019 General Appropriations Act (GAA) that it earlier sent to the Senate for signature.
— Business Mirror

Tourism boom drives investments in Philippine hospitality sector
THE booming tourism industry in the Philippines is prompting more investments in the hospitality sector, with almost 9,000 rooms in hotels and serviced apartments seen to be completed until 2021.
— BusinessWorld Online

Bureau of Immigration steps up drive vs trafficking of minors
The Bureau of Immigration (BI) has stepped up its drive against the trafficking of Filipino minors to other countries.
— The Philippine Star

Interest rate, bank reserve requirement cuts seen in May
The Bangko Sentral ng Pilipinas (BSP) is seen keeping key rates steady when the Monetary Board meets on Thursday to discuss the monetary policy stance, ahead of possible cuts not only in interest rates but also in the reserve requirement imposed on banks in May.
— Philippine Daily Inquirer

PH, Chinese officials to tackle ‘BBB’ projects in Beijing
A series of meetings between Philippine and Chinese officials will take place this week in Beijing for coordination regarding the Duterte administration’s infrastructure flagship projects under the “Build, Build, Build” program, the Department of Finance (DOF) disclosed in a statement on Monday.
— Philippine News Agency

Japanese firm pushes for alternative to China-funded Kaliwa dam
A Japan-based company on Monday asked the government to revisit a safer and cheaper option to increase water supply to Metro Manila that will tap the same resources under a Chinese-funded dam project.
— CNN Philippines

Palace: PHL gov’ t to deny entry to ICC investigators if they pursue probe of drug war
The Palace on Monday, March 18, said the Philippine government would deny International Criminal Court investigators entry into the country should they decide to pursue their probe into the drug war.
— Eagle News

DICT eyes partnering with telcos for common tower rollout
The Department of Information and Communications Technology (DICT) is eyeing to partner with local telcos in order to expedite the rollout of common towers which are vital to improve communication services in the country.
— Philippine News Agency

Philippines mulls cruise tourism development plan amid Boracay concerns
The Philippines may have to revisit its cruise tourism development plan amid the ongoing overtourism challenge in Boracay, as the destination looks at reducing the number of cruise ship calls due to their environmental impact and low tourist expenditure.
— TTG Asia

Philippines unveils first China book center in its top university to promote culture exchange
The first China book center in the Philippines was unveiled on Monday in University of the Philippines, aiming to promote cultural exchange between the two countries.
— Xinhua

“Chedeng” slightly slows down as it moves toward Davao Oriental
-“Chedeng” has slightly slowed down as it moved westward toward Davao Oriental on Monday, March 18.
— Eagle News

AFP to present boxes of evidence to EU to back up claim that militant NGOs connected with NPA rebels
The Armed Forces of the Philippines is set to present to the European Union the boxes of evidence and documents that will allegedly link several militant groups like Karapatan and Ibon Foundation to the Philippine communist movement, and its armed group, the New People’s Army.
— Eagle News

Vizcaya allots P1.6 billlion for AIP, MDG projects
The provincial government has allotted more than P1.6 billion to operationalize its local government bureaucracy and fund programs, projects and development activities for the welfare of Novo Vizcayanos.
— Manilastandard.net

ICTSI mulls turning Hanjin’s Subic property into multipurpose facility
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) is looking at the possible acquisition of Hanjin Heavy Industries and Construction Philippines’ (HHIC-Philippines) assets to turn it into a multipurpose facility.
— BusinessWorld Online

Natl Tobacco Administration opposes higher excise taxes
The National Tobacco Administration (NTA) is opposing higher excise taxes on tobacco products, which it argued would
result in lower production and more farmers being displaced.
— Business Mirror

Fine for tourists carrying pork from ASF-hit countries eyed
The Department of Agriculture (DA) said it is keen on punishing tourists who will bring in pork products from countries affected by African swine fever (ASF) with a fine of not less than P200,000.
— Business Mirror

Traders push yields close to RBA cash rate ahead of employment data
INVESTORS CAN’T SEEM to get enough of Australian bonds amid worries about an economic slowdown. This week’s employment data may just whet their appetite for more.
— BusinessWorld Online

Philippines holds infrastructure roadshow in Beijing
The Philippines is set to hold another roadshow in Beijing this week to drum up support for the country’s ongoing massive infrastructure buildup, the Department of Finance (DOF) said yesterday.
— The Philippine Star

PH awaits trade, investment opportunities from Austria
The Philippines can look forward to many trade and investment opportunities with Austria this year, commercial counsellor of the Austrian Embassy has said, citing infrastructure, manufacturing, agriculture and transport as some of the key areas.
— The Manila Times

Business safety and security conference set March 27-30
The threat of disruptions to business is at the center of a business safety and security conference set for March 27 and 28.
— Manila Bulletin

8 nabbed, P500-K shabu seized in Bacolod City
Eight persons were arrested while almost PHP500,000 worth of suspected shabu were confiscated in five separate buy-bust operations in this city in the past two days, the police reported on Monday.
— Philippine News Agency

Bulacan Bulk Water ready to assist Manila Water
After an inter-agency meeting with the Metropolitan Waterworks and Sewerage System, San Miguel Corp. announced that it is ready to assist Manila Water in supplying water to the east concession zone.
— The Philippine Star

Palace welcomes development in budget impasse
Malacaang welcomed the recent development in the budget impasse in Congress after the House of Representatives moved to recall its version of the 2019 national budget.
— Inquirer.net

Police, military sign pact vs insurgency, criminality in Metro Manila
The National Capital Region Police Office (NCRPO) and Armed Force of the Philippines’ Joint Task Force-National Capital Region (AFP JTF-NCR) signed Monday a three-year pact to defeat all threat groups and criminal elements in Metro Manila.
— Tempo

US expects 2019 agricultural exports to PHL to grow 10%
AGRICULTURAL exports from the United States to the Philippines are expected to rise 10% to $3.2 billion in 2019, led by soybeans, soybean meal, wheat, dairy products, red meat and poultry, according to the US Department of Agriculture (USDA).
— BusinessWorld Online

Philippine economic team flies to China for infrastructure projects
MANILA, Philippines- President Rodrigo Duterte’s economic team will be heading to Beijing, China, to discuss the government’s infrastructure push .
— Rappler

Firm behind ‘overpriced’ Makati City Hall 2 to build new Senate
The builder of the controversial Makati City Hall Building II has been chosen as the contractor of the new Senate building set to rise at the Philippine Navy Village in Taguig, Senator Panfilo Lacson said on Monday.
— GMA News

Duterte’s 46 on narcolist unlikely wrong –PDEA
The narcolist President Rodrigo Duterte bared last week is unlikely to have any error, the Philippine Drug Enforcement Agency said on Monday.
— GMA News

No more water shortage-related problems in NCR schools: DepEd
DepEd National Capital Region (NCR) director, Dr. Wilfredo Cabral says the local government units in the water shortage-hit were quick in responding to the onset of the water crises.
— Philippine News Agency

DA explains rice tariffication law to Kalinga farmers
Officials of the Department of Agriculture Cordillera regional office and other concerned agencies are doing caravan in the provinces to clear issues on the implementation of Republic Act No. 11203 or the Rice …
— Philippine Information Agency

International Women’s Day Summit 2019 seeks to advance the rights and representation of Filipino women
Various international women’s groups attended the recent annual celebration for International Women’s Month, the International Women’s Day Summit 2019, with the theme “Advancing the Rights and Representation of Filipino Women.”
— Eagle News

Volunteer groups launch crowdsourcing campaign for Otso Diretso bets
Various volunteer organizations on Monday launched Para sa Laban ng Otso Diretso (PaSaLODi), a crowdsourcing campaign geared towards strengthening the senatorial bids of opposition slate Otso Diretso.
— GMA News

PNP gives hygiene kits to Ozamiz inmates
Police and jail officers distributed hygiene kits to inmates of Ozamiz City Jail as the country marks National Women’s Month.
— Philippine Information Agency

‘Stop publicizing drug lists,’ international lawyers’ groups urge government
“The government should put an end to…public disclosure of drug lists,” the delegation said.
— The Philippine Star

Big-time oil price hike set for March 19
MANILA, Philippines – Amid the water crisis in Metro Manila, consumers are in for another burden as fuel prices are set to rise on Tuesday, March 19.
— Rappler

LTFRB again rejects Go-Jek entry into Philippine market
MANILA, Philippines (UPDATED) – The Land Transportation Franchising and Regulatory Board (LTFRB) again denied the application of Indonesian ride-hailing giant Go-Jek to enter the Philippine market.
— Rappler

Palace disputes claim EJKs affecting business confidence in Philippines
Presidential spokesperson Salvador Panelo claimed foreign investors never raised the issue of EJKs during their meeting with economic managers.
— The Philippine Star

Senior US Navy commander opposes China plan to exclude America from South China Sea drills
A US navy commander on Monday said China’s reported plan to exclude America from military exercises with Southeast Asian nations in the South China Sea is unacceptable and a violation of international law.
— GMA News

How the PNP plans to replace the NBI clearance with their own
Having trouble with getting your clearance from the National Bureau of Investigation (NBI)? The Philippine National Police (PNP) wants to fix that.
— Rappler

International probers: No effective investigation of lawyer killings in PH
An international delegation of lawyers said on Monday, March 18, that the government has not done an effective investigation into the 37 cases thus far involving lawyers, prosecutors, and judges killed in the Philippines during the presidency of Rodrigo Duterte.
— Rappler

Stakeholders cite Bayog’s economic potential, improved peace and order
The municipality of Bayog in the second district of Zamboanga del Sur was lauded by government and private officials for realizing its full economic potential and improved peace and order situation. Peter M. Alfon, area manager of 1st Valley Bank, …
— Philippine Information Agency

 

Feature photo Yahoo! Philippines

This week’s Philippines morning news feature photo acknowledges World Water Day, March 22.

 

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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