Philippines morning news for May 23

Philippines morning news for May 23

Philippines morning news

Bulwark against Duterte falls in Philippines vote: Final results
Allies of President Rodrigo Duterte stormed to a landslide victory in midterm polls, final results showed Wednesday, dissolving a last bulwark against his controversial rule.
— The Jakarta Post

Senate OKs Security of Tenure bill to end ‘endo’
Voting 15-0, the Senate approved on third and final reading Wednesday the bill seeking to eliminate the practice of “endo” or end of contract by employers and guarantee security of tenure of workers.
— GMA News

‘Upset’ Duterte orders shipment of trash back to Canada even at PH expense
PRESIDENT Rodrigo Duterte has ordered the shipping of garbage back to Canada at the Philippines’ expense, as he expressed dismay over the “inordinate delay” and Ottawa’s failure to reclaim tons of trash shipped to Manila about six years ago, his spokesman said on Wednesday.
— The Manila Times

Philippines exempts gold sales to c.bank from taxes to boost foreign reserves
The Philippines has passed a law exempting gold sales by small-scale miners to the central bank from excise and income taxes to beef up the country’s foreign exchange reserves and prevent smuggling, the Bangko Sentral ng Pilipinas said on Wednesday.
— Nasdaq

Five charged for $81-million 2016 Bangladesh Bank heist
THE DEPARTMENT of Justice (DoJ) charged five current and former officials of Rizal Commercial Banking Corp. (RCBC) with money laundering in connection with the February 2016 Bangladesh Bank heist.
— BusinessWorld Online

Unfair debt collection faces penalty—SEC
The Securities and Exchange Commission wants to penalize lending companies and financing firms that are resorting to unfair debt collection practices.
— Manilastandard.net

Fitch unit downgrades growth forecast to 5.9%
Fitch Solutions Macro Research, a unit of Fitch Group, downgraded its 2019 growth forecast for the Philippines to 5.9 percent from its previous estimate of 6.1 percent, taking into account the external headwinds that may stifle further economic expansion in the months ahead.
— Manilastandard.net

Court denies Dengvaxia manufacturer’s bid to junk civil case
A Quezon City court has denied the motions of dengue vaccine Dengvaxia’s manufacturer and distributor to dismiss a civil case against them in connection with the death of a minor who was inoculated with the vaccine in 2017.
— GMA News

Search continues for missing pilots, aircraft
The search for the two pilots and aircraft reported missing since Friday in San Jose, Occidental Mindoro, continued on Wednesday, even as a bag that belonged to one of the pilots was recovered in Caluya, Antique province.
— Inquirer.net

Indonesia’s Investree to launch in the Philippines, set up new subsidiaries
Investree also plans to start fundraising for their Series C, if their expansion plan goes well Indonesian fintech startup Investree is aiming for the Philippines to become its third market next year. Apart from that, the startup is also preparing a strategy of setting up several subsidiaries to …
— e27

IMF flags gaps in state spending practices
THE GOVERNMENT is on the right track in ramping up spending, especially on infrastructure, but much remains to be done to improve project planning and implementation, the International Monetary Fund (IMF) said in a May 16 report that was e-mailed to journalists on Wednesday.
— BusinessWorld Online

DOF: Trash exported to Cagayan de Oro to be shipped back to South Korea
Illegally imported garbage that arrived in Cagayan de Oro City last year will be returned to South Korea after Seoul committed to shoulder the cost of shipping the trash back, the Department of Finance (DOF) said Wednesday.
— Inquirer.net

PH a destination for illicit funds — AMLC
THE country has become a destination of illicit funding from four predicate crimes, including terrorism, according to the latest risk assessment report released by the Anti-Money Laundering Council (AMLC) on Wednesday.
— The Manila Times

DOE starts enticing new power investments
Without it admitting yet that it might have missed planning trajectories, the Department of Energy (DOE) is finally stepping up into inviting new power projects to satiate the country’s long-term energy needs.
— Manila Bulletin

Zambo City allots P40-M for farmers affected by drought
The Office of the City Agriculture here has assured assistance for local farmers affected by the dry spell brought about by the El Niño phenomenon.
— Philippine News Agency

In the Philippines, police inquiry finds no evidence of Huawei spying for Beijing
Philippine authorities on Tuesday said there was no evidence Huawei engages in spying for Beijing, based on the initial results of an inquiry into espionage allegations against the Chinese telecommunications giant.
— South China Morning Post

Soccsksargen police warns vs. rampant illegal investment schemes
Police authorities in Region 12 (Soccsksargen) raised the alarm on Wednesday over the continuing proliferation of various illegal investment schemes in the region that have already lured and victimized thousands of residents.
— Philippine News Agency

EMB-7 orders closure of Cebu landfill after ‘garbage slide’
The Environmental Management Bureau (EMB) in Central Visayas (Region 7) has ordered the closure of a private sanitary landfill in Consolacion, Cebu after a “garbage slide” last May 4 that reportedly killed a truck driver, an environmental regulatory body official said on Wednesday.
— Philippine News Agency

NEDA backs higher ‘sin’ taxes
The country’s chief economist is backing moves to further jack up “sin” taxes slapped on cigarettes and alcoholic drinks to fund the universal health care program.
— Philippine Daily Inquirer

Arroyo presses Senate to act on 11 pending priority bills
With only less than three weeks before the 17th Congress closes, Speaker Gloria Macapagal-Arroyo is urging the Senate to act upon 11 priority bills of the Duterte administration still pending with the upper chamber.
— GMA News

Marawi City residents can start repairing houses
The Task Force Bangon Marawi (TFBM) said that Marawi City residents who were displaced by the five-month war may start returning to their homes beginning July for repair works.
— Tempo

Chinese, Korean businesses in Boracay ordered closed
At least 10 establishments in Boracay owned or managed by Chinese and South Korean citizens have been ordered closed for operating without the necessary permits.
— The Philippine Star

NEDA expects China pushback on priority hiring of Filipinos
SOCIOECONOMIC Planning Secretary Ernesto M. Pernia said donor countries like China are likely to resist hiring mostly Filipinos in any projects funded by Official Development Assistance (ODA), after Senator Sherwin T. Gatchalian filed a bill calling for priority hiring.
— BusinessWorld Online

PRRD signs law institutionalizing 4Ps
President Rodrigo Duterte has signed into law an act institutionalizing the Pantawid Pamilyang Pilipino Program (4Ps) of the Department of Social Welfare and Development (DSWD).
— Philippine News Agency

Malacanang: Numerous complaints received vs sacked FDA chief
The government is looking into the possible filing of charges against dismissed Food and Drug Administration Director General Nela Charade Puno for alleged corruption.
— Tempo

Palace calls for moratorium on ‘excessive politicking’ after polls
Malacaang on Wednesday called for a moratorium on “excessive politicking” in the country following the proclamation of 12 incoming senators.
— Inquirer.net

Philippines Wants To Adopt South Korea’s High-Tech Tax Administration Systems
The Philippines is looking to strengthen its ties with South Korea (SoKor) by adopting the country’s technology-based tax systems, particularly the electronic invoicing program.
— Business Times

Ecozones see growth as ‘Trabaho’ bill founders
ECONOMIC zone developers are eyeing to expand business in the Philippines over the next months, as they take advantage of the looming non-passage of the Tax Reform for Attracting Better and High-Quality Opportunities (Trabaho) bill.
— Business Mirror

Philippines’ growers want lower tariff on banana exports to Japan
The Philipino Banana Growers and Exporters Association (PBGEA) called on President Duterte to work for the reduction or elimination of the hefty tariff rates on Cavendish bananas to Japan during his visit to that country later this month.
— Fresh Plaza

PH asked to sustain public investment
The Philippines must sustain public investment in infrastructure to catch up with other Asian countries, the International Monetary Fund said in a report Wednesday.
— Manilastandard.net

EDC eyeing geothermal projects in Taiwan
Lopez-majority owned Energy Development Corporation (EDC) is targeting to expand geothermal investments in Taiwan, a top executive of the conglomerate has disclosed to the media.
— Manila Bulletin

IFSEC Philippines to Launch its 3rd Edition in June
IFSEC Philippines, the leading security, fire, and safety event in the country, marks its 3rd edition on 13 – 15 June 2019 at the SMX Convention Center in Pasay City.
— AEC News Today/ PR Newswire (media release)

Lacson, Drilon question bill granting franchise to Legarda son’s solar firm
Senate Minority Leader Franklin Drilon and Senator Panfilo Lacson on Wednesday, May 22, questioned the bill seeking to grant a 25-year franchise to Solar Para sa Bayan (SPSB), owned by Senator Loren Legarda’s son, Leandro Leviste.
— Rappler

Heat index in Samar areas soars to ‘dangerous’ level
The heat index in Samar provinces has reached a dangerous level on Monday, prompting the Philippine Atmospheric, Geophysical and Astronomical Services Administration to ask residents to stay indoors during midday this dry season.
— Manilastandard.net

Otso debacle prompts LP leaders to resign; Robredo disagrees
Liberal Party president Senator Francis Pangilinan and secretary general Quezon City Rep. Jose Christopher Belmonte resigned Tuesday to take responsibility for the party’s losses in the midterm elections, but LP chairman, Vice President Leni Robredo, rejected their resignation.
— Manilastandard.net

Government to file charges against dismissed FDA director general
The government is looking into the possible filing of charges against dismissed Food and Drug Administration (FDA) director general Nela Charade Puno for alleged corruption.
— Manila Bulletin

Ilocos hospital promotes health advocacies via festival
Health workers from the Mariano Marcos Memorial Hospital and Medical Center (MMMH&MC) here brought a new twist to Flores de Mayo (Mayflower festival) by highlighting public health advocacies during the celebration.
— Philippine News Agency

SC asks solons to review law on child abuse
The Supreme Court (SC) has called the attention of lawmakers for possible changes on “incongruent” penalties for lascivious acts against minors under a special law.
— Philippine News Agency

DOJ summons ‘Bikoy’ over botched beauty pageant case
The Department of Justice (DOJ) has summoned Peter Joemel Advincula, the hooded man in the “Ang Totoong Narco List” videos known as “Bikoy,” to answer the estafa case filed against him by an Albay-based businessman.
— Inquirer.net

Benguet POC crafts POPS plan
Members of the Provincial Peace and Order Council (PPOC) convened recently for the crafting of a draft plan which charts the three-year direction of the council and hems in measures that fill in the gaps on peace and order and public safety issues and concerns in …
— Philippine Information Agency

Some winning nominees say party-list law needs review
Some party-list group representatives agreed on Wednesday that the current party-list system needed to be reviewed.
— Inquirer.net

Mandatory ROTC to nurture nationalism among youth: AFP
The Armed Forces of the Philippines (AFP) on Wednesday said the return of a mandatory Reserve Officers’ Training Corps (ROTC) will further nurture patriotism and nationalism among the Filipino youth.This, as it welcomes the passage of a bill at the House of Representative seeking the …
— Philippine News Agency

Philippines: China offers more than US
The United States (US) is projecting “strategic confusion” in the South China Sea, the Philippines’ top diplomat said, prompting the Southeast Asian nation to deepen its ties with China.
— The Asean Post

Tariff Commission caps public hearings on safeguard duty for imported cement
The Tariff Commission (TC) has wrapped up the public hearings on the safeguard measure on imported cement, giving both cement importers and manufacturers until the end of the month to submit their last stand on the issue.
— Inquirer.net

Maternal deaths continue to decline in Zambo: DOH
The Department of Health in Region 9 (DOH-9) has recorded a continued decline in maternal deaths for the past four years here in the Zamboanga Peninsula.
— Philippine News Agency

Construction of huge dam threatens Philippine tribe
Tribal people were all ears as a Catholic priest talked about the love of God and the challenge to defend his creation during last month’s Holy Week observance in the Philippines.
— UCA News

DA to import up to 300,000 MT of corn
The Department of Agriculture (DA) is set to import as much as 300,000 metric tons (MT) of corn this year amid the projected shortfall in livestock and poultry feeds, a development that is both curse and a gift to the farm sector.
— Manila Bulletin

Sarangani village gets new P3.3-M school building
Tribal schoolchildren in a remote community in Malungon town, Sarangani province no longer need to walk for at least two hours when they return to school this June, with the construction of three new classrooms in their village.
— Philippine News Agency

528 baby sea turtles released into Sarangani Bay
Efforts to conserve and protect the endangered marine turtles in the Sarangani Bay received a major boost with the recent release of some 528 baby turtles into their natural habitat.
— Philippine News Agency

DA Region 1 to hold info caravan to promote agri-fishery programs
The Department of Agriculture (DA) Region 1, through the Regional Agriculture and Fisheries Information Section (RAFIS) in Ilocos Region, is set to conduct a one-day Regional Information Caravan on May 23 to promote agricultural and fishery programs and projects of the government.
— Philippine Information Agency

2 Pangasinan towns now red tide-free
Families who are dependent on the shellfish industry can now return to their trade after the Bureau of Fisheries and Aquatic Resources (BFAR) in the Ilocos has lifted the shellfish ban in the coastal waters of Bolinao and Anda in Pangasinan.
— Philippine Information Agency

DOJ Files Money Laundering Raps VS 5 RCBC Execs
DOJ Files Money Laundering Case Against 5 RCBC Execs DOJ – The Department of Justice (DOJ) filed a money laundering charges against 5 Rizal Commercial Banking Corporation (RCBC) officials.
— Philippine News

China hit for barring Morales from entering Hong Kong
Senators yesterday slammed China for barring former Supreme Court Associate Justice and Ombudsman Conchita Carpio-Morales from entering Hong Kong, a special administrative region of China, last Tuesday.
— Tempo

House holds online poll on same sex unions
The House of Representatives is conducting an online survey on same-sex unions.
— CNN Philippines

Isko vows to discipline Manila street vendors
Incoming Manila mayor Francisco “Isko Moreno” Domagoso assured that street vendors will be allowed to continue their business in the capital city under his administration.
— Tempo

P6.39B released for cops’ mid-year bonus
Over 195,000 cops in service have already received their midyear bonus amounting to a total of P6.39 billion, according to the Philippine National Police on Wednesday.
— GMA News

In photo: Poe, Binay opt not to do Duterte’s signature fist bump pose in “class picture” of winning senators
Two winning senators opted not to do President Rodrigo Duterte’s signature fist bump pose during the “class picture” of newly-proclaimed senators on Wednesday, May 22.
— Eagle News

Tianjin to open maritime museum, Sino-Singapore library
The Tianjin Municipal People’s Government is set to officially open the National Maritime Museum and the China-Singapore Friendship Library located in New Binhai Area.The National Maritime Museum, which is positioned as the only national-level comprehensive marine …
— Philippine News Agency

PNP releases 2019 midyear bonus for personnel
The Philippine National Police (PNP) has released more than P6 million for the midyear bonus of its 195,561 uniformed and non-uniformed personnel.
— Inquirer.net

Congress can cure joke in party-list system, says Comelec chair
It is up to Congress to fix the loopholes that has billionaires securing seats in the House as representatives of marginalized sectors, Commission on Elections chair Sheriff Abas said on Wednesday.
— GMA News

 

Feature photo Philippine Beekeeping

This week’s Philippines morning news feature photo acknowledges World Bee Day, May 20.

 

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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