Philippines Morning News For September 3, 2019

Government debt falls to P7.80T in July
THE national government’s outstanding debt dropped further to P7.80 trillion in July on the back of the appreciation of the Philippine peso and domestic redemptions, the Bureau of the Treasury (BTr) reported on Monday.
— The Manila Times

House leaders ‘sorted out’ issues over 2020 budget bill
Leaders of the House of Representatives met and “sorted out” issues hounding the proposed P4.1-trillion national budget for 2020, Speaker Alan Peter Cayetano said Monday afternoon.
— Inquirer.net

‘No reason for Philippines to be apologetic over SCS’
There is no reason for the Duterte administration to be apologetic about asserting the Philippines’ lawful rights in the West Philippine Sea and taking a stand against bullying by China, former foreign affairs chief Albert del Rosario said yesterday.
— The Philippine Star

Another 50 bps rate cut seen amid low inflation
DBS Bank Ltd of Singapore expects the Bangko Sentral ng Pilipinas (BSP) to slash interest rates by another 50 basis points this year as inflation is seen hitting bottom next month due to base effects.
— The Philippine Star

PH gets access to China yuan-denominated loan facility
The Philippine government will soon be able to borrow yuan-denominated concessional loans with flexible interest rates from China to fund government projects especially in the infrastructure sector, the Department of Finance said.
— Philippine Daily Inquirer

PHL manufacturing sector down in August —IHS Markit
The Philippine manufacturing sector posted a slight decline in August due to a drop in production, results of the monthly IHS Markit Survey released on Monday showed.
— GMA News

Senate probes early release of heinous crime convicts
The Senate on Monday began its probe on the controversy surrounding the implementation of the law that resulted in the early release of inmates convicted of heinous crimes.
— CDN

‘Jenny’ leaves P4.5-M damage to Antique crops
Four towns in the province of Antique have reported damaged crops due to the southwest monsoon rains enhanced by Tropical Storm Jenny last August 27-28, amounting to PHP4.49 million.
— Philippine News Agency

BOI denies Chinese firm’s steel project application
The Board of Investments (BOI) has denied the application of Chinese firm Sanjia-Steel Corporation to invest P800 million for the production of reinforcing steel bars (rebars) using coreless electric furnace smelting technology because it will employ obsolete and pollution-causing technologies.
— Manila Bulletin

Agreements to boost PH-China trade ties
More business and investment opportunities between the Philippines and China are expected with the recent signing of several business agreements.
— The Manila Times

PHL offers perks to lure start-ups from around the world
LIRON GROSS moved to the Philippines with her family in 2017 to start Payo, a start-up e-commerce payment solution.
— BusinessWorld Online

SC rules against Manila gov’t in expropriation case
The city government of Manila lost its expropriation case intended for its Land for the Landless program to a landed family.
— Rappler

Duterte signs 25-year franchise of Ignite Telecommunications
PRESIDENT Duterte has signed into law a measure granting a 25-year franchise to Ignite Telecommunications Inc.
— Business Mirror

Robredo nixes OVP’s ‘spare tire’ image, cites gains of outreach program
Six years is too long to do nothing relevant.
— Inquirer.net

329 residents evacuate in Negros Occidental as Army, NPA clash
More than 300 residents were forced to evacuate their homes due to an encounter between government forces and suspected members of the New People’s Army (NPA) in Barangay Paitan, Escalante City, Negros Occidental on Saturday, the military said.
— CNN Philippines

Duterte’s ‘golden age’ comes into clearer view
Philippine President Rodrigo Duterte’s ambitious “Build, Build, Build” scheme, an initiative he claims will deliver a “golden age” of infrastructure, is starting to shine in terms of overseas development assistance (ODA) and signed deals.
— Asia Times

Senate to tackle ‘GCTA for sale’ in next probe
The Senate will look into the possibility that good conduct and time allowance grants are being “sold” to inmates by Bureau of Corrections officials.
— The Philippine Star

DepEd to hire 10,000 teachers, 5,000 others under 2020 budget
AT least 10,000 public-school teachers and 5,000 nonteaching personnel will be hired by the Department of Education (DepEd) under its proposed 2020 budget, Education Secretary Leonor Magtolis Briones announced on Monday.
— Business Mirror

PCG-7, shipping industry stakeholders to ink deal to ensure maritime safety in Cebu, Bohol
The Philippine Coast Guard District Central Visayas (PCG-7) is set to sign a memorandum of understanding (MOU) with maritime regulators and stakeholders for a collaborative effort in ensuring maritime safety, particularly in Cebu and Bohol.
— CDN

Gov’t pushing for entry of affordable jeepney models
The government is pushing for the entry in the markets of more affordable models of modern jeepneys in a bid to fast-track the implementation of the flagship Public Utility Vehicle Modernization Program (PUVMP).
— Minda News

Faeldon denies signing Sanchez release order despite confirmed signature
The bucks stops with him. Senators insist Bureau of Corrections Chief Nicanor Faeldon has the last say in the early release of inmates including convicted former mayor Antonio Sanchez.
— CNN Philippines

Philippines’ nickel ore output hike unlikely to plug Indonesia supply gap
Philippine nickel mining companies are likely to boost ore production next year when Indonesia bans exports of the raw material used in stainless steel and batteries, but may still not be able to fill up the supply gap.
— Nasdaq

Fired or resigned? PIA chief Harold Clavite says he did not quit
The head of the Philippine Information Agency (PIA) has “resigned,” nearly 3 months since he was linked to corruption.
— ABS-CBN News

Customs forms environmental unit to prevent foreign dumping of wastes
The government established an environmental protection and compliance division within the Bureau of Customs to monitor and control the dumping of hazardous substances and other wastes into the country, Finance Secretary Carlos Dominguez III said Monday.
— Manilastandard.net

Makati among Southeast Asia’s top 10 safest cities
MAKATI City has been named among the top 10 safest cities in Southeast Asia, according to a survey conducted by Numbeo, an international online research group.
— Business Mirror

PH coffee importation hits $4.5 billion
The domestic coffee industry would like the government to put up a coffee fund to spur coffee farming and to reduce the country’s dependence on imported coffee, which hit a staggering $4.5 billion as of 2017.
— Manila Bulletin

PSA: Mass enrollment for national ID system to start in mid-2020
The government is on track to have the national identification system in full swing operationally by the middle of next year, following the pilot run this year, the Philippine Statistics Authority said Monday.
— GMA News

PEZA urges Congress not to ‘tinker’ with tax perks for investors
Philippine Economic Zone Authority (PEZA) Director General Charito Plaza said Philippine exports stand to benefit from the bitter trade war between the United States and China.
— Rappler

Tourism businesses in Davao City required to have licenses
City Tourism Operations head Generose Tecson at the Digital Tourism Conference in SMX Davao. Tecson reminded tourism-related business establishments in the city to get their tourism licenses.
— Philippine Information Agency

Providing for succession if our officials get wiped out
TWO bills have been filed in the Senate and in the House of Representatives designating successors to the presidency in case of death of the president.
— Tempo

Secretary Dar turns-over billions worth of projects in Ilocos
Agriculture Secretary William Dar had turned-over billions worth of projects in his two-day visit in the region on Friday and Saturday.
— Philippine Information Agency

Compulsory dog vaccination vs. rabies set in SoCot town
South Cotabato’s veterinary office is set to launch this month the enforced anti-rabies vaccination of dogs in Tantangan town due to the confirmed infection among the animals in the area.
— Philippine News Agency

Asean hosts multi-sectoral forum in Palawan
The Philippine Information Agency (PIA) in partnership with various government agencies, spearheaded the 2019 ASEAN Multi-Sectoral Forum at the Puerto Princesa Gardens, Puerto Princesa City, Palawan on August 22.
— Philippine Information Agency

Farmers seek floor price as palay sells for just P7 per kilo
Farmers appealed to Congress to set a floor price for palay or unhusked rice, as its farmgate prices have plummeted to much lower than production costs.
— Rappler

Manila gov’t to implement curfew for minors “in full blast” starting today, Sept. 2
The Manila government is intensifying a curfew policy for minors in the city. The Manila Public Information Office announced this on its Twitter account on Monday, Sept. 2.
— Eagle News

Batocabes fear for their lives
A court order allowing former Daraga mayor Carlwyn Baldo to post bail left members of the Batocabe family fearful for their lives, Justin Batocabe, son of slain Ako Bicol party-list Rep. Rodel Batocabe, said on Monday.
— The Manila Times

Davao City court holds first ever teleconference hearings in PH
Two high-risk inmates involved in separate cases in Davao City faced the court Monday morning, September 2, but without jail guards having to taking security precautions in transporting them to and from the court room.
— Rappler

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This week’s Philippines morning news feature photo focuses on International Literacy Day, September 8.

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Philippines morning news for September 3 added by Stella-maris Ewudolu on September 3, 2019
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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.