Philippines Morning News For November 29

Uber data breach affected PH; officials may be liable
The National Privacy Commission (NPC) yesterday warned the local unit of Uber Technologies Inc. could face legal charges for concealing to the public that the data breach that occurred in the ride-sharing scheme’s system in 2016 affected its Philippine operations.
— Malaya

Tax amnesty in ’18 likely
Finance Secretary Carlos Dominguez III agrees that a tax amnesty program should be implemented over the near-term, echoing Budget Secretary Benjamin Diokno’s previous statement.
— Malaya

New tax seen to dampen local vehicle sales in 2018
The country’s motor vehicle industry is likely to grow flat next year as the government is fast tracking the implementation of higher excise taxes on cars by January 1, 2018.
— Manila Bulletin

SC allows justices to testify vs Sereno
Supreme Court (SC) magistrates and officials will attend the hearings by a congressional panel on the impeachment complaint against Chief Justice Maria Lourdes Sereno if invited.
— Philstar

An Investment Boom in Philippines Leaves Neighbors in the Dust
Capital investment in the Philippines is surging past the rest of Southeast Asia as the government and firms ramp up spending.
— Bloomberg

US-Philippines Military Exercise Signals Strengthened Defense Ties in the Duterte Era
This month, the United States and the Philippines carried out another one of their series of military exercises and engagements.
— The Diplomat

Bloomberg Launches Electronic Repo Trading Platform in the Philippines
Bloomberg, in partnership with Bankers’ Association of the Philippines (BAP), Money Market Association of the Philippines (MART) and Philippine Depository & Trust Corp (PDTC), announced today the launch of an electronic repo trading platform for financial market participants in the Philippines.
— Bloomberg

The Philippines university where the mot important thing they teach is tolerance
Situated on top of a gently rising hill covered in rich foliage and long green grass, Mindanao State University is a serene place. Groups of students mill around the campus or scurry to classes in faculty buildings planted into the verdant surroundings.
— The National

Residents of Philippines mining town protest reopening of coal mine
Residents of a central Philippine mining town have set up camp outside the Department of Environment and Natural Resources office in Manila to dramatize their opposition to the re-opening of a mine in their community.
— National Catholic Reporter

Apple takes down Tokhang mobile games
Technology company Apple has taken down mobile application games that appear to glorify the Philippine government’s deadly war against illegal drugs, according to a regional organization supporting victims of illegal drugs.
— Philstar

Duterte: I won’t allow cops, soldiers to be jailed
President Duterte yesterday stressed that he would not allow security personnel performing their duty to go to jail as the Philippine National Police (PNP) faces allegations of extrajudicial killings.
— Philstar

Manila cops, videos tell different versions of drug killing
The police report was clear. Police drug officers shot and injured three men in a poor district of Manila, then “rushed” them to hospital where they were pronounced dead on arrival.
— Philstar

Senate sees ‘tough debates’ with House on tax package
The Senate-approved Tax Reform for Acceleration and Inclusion (TRAIN) that is targeting to raise P130 billion in fresh revenues to bankroll the Duterte administration’s infrastructure program is expected to encounter rough sailing in bicameral talks when the Senate and House panels meet to reconcile conflicting provisions in the bill.
— BusinessMirror

Philippines uncertain about siding with the US in case of fighting against North Korea
The Philippine government said on Tuesday it is uncertain which side to take in case of a military clash between North Korea and the United States and its allies, despite a mutual defence agreement between Manila and Washington.
— South China Morning Post

House panel okays measure increasing base pay of military and uniformed personnel
The House Committee on Appropriations on Tuesday approved a measure authorizing the increase in base pay of military and uniformed personnel (MUP).
— BusinessMirror

BOI approves tourism projects worth P1.1B
The Board of Investments (BOI) has approved three tourism projects with a combined worth of P1.13 billion, the agency said on Tueday.
— The Manila Times

PLDT open to Chinese strategic partners
As speculation of a 3rd player breaking into the Philippines’ telecommunications industry heats up, PLDT Incorporated expressed interest in finding strategic partners of its own.
— Rappler

PH companies turn more bullish in Q4
Businesses turned more bullish on the prospects of the Philippine economy in the fourth quarter, given the strong domestic and external demand, results of the latest Business Expectation Survey conducted by the Bangko Sentral ng Pilipinas show.
— Manila Standard

DA to test poultry farm in Nueva Ecija
AGRICULTURE Secretary Emmanuel Piñol has ordered the Bureau of Animal Industry (BAI) to conduct a random test in a poultry facility in Nueva Ecija to confirm the presence of avian influenza in the province.
— The Manila Times

Conglomerate eyes more RE deals with Japanese partner
Listed conglomerate Alsons Consolidated Resources, Inc. (ACR) said it is keen on asking its longtime Japanese partner, Toyota Tsusho Corp., to invest in its upcoming renewable energy projects, especially in 17 run-of-river developments with total capacity of up to 149.3 megawatts (MW).
— Malaya

Feature photo Bro. Jeffrey Pioquinto, SJ

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.

Philippines Morning News For November 29 added by Leakhena Khat on November 29, 2017
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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.