Philippines Morning News For October 23

Philippines Morning News For October 23

Philippines morning newsADB pledges $5.2M for Marawi
A multimillion-dollar grant has been pledged by the Asian Development Bank (ADB) to help rebuild Marawi City, a senior Finance department official said.
The Manila Times 

Why poverty prevails despite robust growth
AS chairman of the Association of Southeast Asian Nations (Asean) this year under the leadership of an unorthodox, foul-mouthed controversial president, the Philippines is now the darling of Asia, more so as it is among those leading the pack in growth rates, although the global limelight and attention also magnify the country’s warts of what’s wrong with our economy that is causing persistent poverty despite robust growth.
BusinessMirror 

PHL Ships 100,662 MT of raw sugar to China, Japan–Varua
Traders shipped 100,662.51 metric tons (MT) of raw sugar to China and Japan as part of efforts to reduce the country’s sugar inventory, according to the Philippine Sugar Millers Association Inc. (PSMA).
BusinessMirror 

Duterte shrugs off poll rating results
President Duterte shrugged off anew the conflicting trust and satisfaction ratings bared in the survey of two pollsters this month.
Manila Bulletin 

PH putting its best foot forward in ASEAN Summit next month
Malacañang is gearing up for the Philippines’ hosting of the 31st Association of Southeast Asian Nations (ASEAN) Summit next month, mindful of putting its best foot forward as more than a dozen world leaders are expected to participate in critical discussions on wide-ranging issues in the region.
Manila Bulletin 

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All imported cement to undergo test – DAO draft
All cement importation will have to undergo mandatory testing upon arrival at the port of entry, regardless if it had undergone pre-shipment inspection or not at the manufacturer’s plant, according to the draft administrative order (DAO) on cement importation rules and regulations.
Manila Bulletin

Philippines’ Duterte has no concept of accountability
The Philippines’ middle class may give President Rodrigo Duterte a pass on human rights violations, but scandals linking a son to drug lords, allegations of hidden wealth, and secrecy on required reports of assets and liabilities for government officials, fuel opposition based on anti-corruption issues.
Ucanews 

Philippine Catholics fear silencing of 54 radio stations
The Philippines House of Representatives has failed to renew the license of the Catholic Bishops’ Conference of the Philippines (CBCP) to operate dozens of radio stations across the country.
Ucanews 

US defense chief Mattis praises Philippines progress vs militants
US Defense Secretary Jim Mattis is congratulating the Philippine government on progress against militants in the southern city of Marawi.
Philstar 

PH bids to co-host 2023 FIBA World Cup
President Rodrigo Duterte has given his support to the country’s bid to co-host the 2023 Internationa Basketball Federation (FIBA) World Cup.
Philippine News Agency 

Phl won’t accept EU grants for Marawi
The Philippines may not accept donations from the European Union for the rebuilding of war-torn Marawi City.
Philstar 

State universities, colleges to get P120 M for upgrade
To support the implementation of free tuition in state colleges and universities, these SUCs will have an across-the-board increase in capital outlay of P10 million each in the proposed P3.7-trillion national budget for 2018, Sen. Sonny Angara said yesterday.
Philstar 

Japanese conglomerate optimistic of robust PH market
The country head of a Japanese conglomerate and global leader in housing and building materials is optimistic on the Philippines and the market, supported by a robust growth in the construction sector.
Philippine News Agency 

Japanese SMEs eyes expansion of ties with PH
The Japanese Chamber of Commerce and Industry of the Philippines (JCCIPI) has seen new growth potential to sustain the momentum of expanding economic partnership between the Philippines and Japan.
Philippine News Agency

Censorship fears as Philippine parliament fails to renew Catholic radio licence
The Philippine House of Representatives has not renewed the licence of the Catholic Bishops’ Conference of the Philippines to operate dozens of radio stations across the country.
Catholic Herald 

Rules set to guard casinos vs dirty funds
CASINOS will now require all players to present valid identification cards and keep their gaming records as part of new rules to stem the flow of illicitly obtained funds.
BusinessWorld 

Balance of payments returns to surplus in September
THE PHILIPPINES’ external payments position went back to a surplus in September after recording a deficit in four straight months, the Bangko Sentral ng Pilipinas (BSP) said late Thursday.
BusinessWorld 

PH, Israel work for protection of whale sharks
The Philippines and Israel are working together to protect whale sharks, the largest living fish, as the country hosts the world’s largest wildlife conference next week.
Philippine News Agency 

Remaining 20 hostages rescued by gov’t forces
Armed Forces of the Philippines (AFP) Joint Task Group Ranao deputy commander Colonel Romeo Brawner Jr. Sunday said the remaining 20 hostages of the Daesh-inspired Maute Group has been rescued by government forces.
Manila Bulletin

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Remain vigilant against terrorism, Duterte tells Filipinos
President Rodrigo Roa Duterte has called on the nation to be prepared for any eventuality due to the lingering threat of terrorism.
Manila Bulletin 

No more hostages in Marawi
Military officials in Marawi City said yesterday that the Maute Group had no more civilian hostages and that government forces were aiming to end the crisis by midnight with the battle coming down to just one building where about 30 remaining terrorists were holding out.
Manila Bulletin

Group opposes tariffs on rice imports
BANTAY Bigas, an alliance for safe, sufficient and affordable rice expressed its opposition to the government’s plan to impose tariff on rice imports, saying that it would endanger the local rice production and food security.
The Manila Times

Manila cops object to city tag ‘unsafe’
THE Manila Police District said Sunday that a British study ranking Manila as among the least safe cities in the world was inaccurate.
Manila Standard 

AirAsia PH chooses Clark as main hub of operations
The Philippine unit of Southeast Asia’s largest budget airline plans to establish Clark International Airport as its main hub as the government removes navigational fees to support operations.
Manila Standard

Govt to identify online sex sites
THE Philippine government is set to identify hotspots of online sexual exploitation in the country, Justice Secretary Vitaliano Aguirre II said.
Manila Standard 

PH airports to get upgrades for nighttime commercial flights
MORE airport facilities in the country are being upgraded and readied for night commercial flight operations to further ease problems of air traffic congestion.
Manila Standard 

What you should know about the PH startup ecosystem
Planning to quit your job to start your own business? Interested in investing your money and resources to a startup? Here are the things you should know.
Rappler 

22 schools destroyed in Marawi City
THE Department of Education reported 22 schools have been totally damaged in the war between government troops and the Maute militants in the battle area in Marawi City.
The Manila Times 

CA upholds legality of telco buyout deal
The Court of Appeals (CA) has affirmed the legality of Globe Telecom and PLDT’s purchase of San Miguel’s telecommunication assets, dealing blow to an anti-trust body’s bid to review the multi-billion peso deal.
The Manila Times 

Filipino-designed cab-hailing app aims to launch in November
In 2012, Eddie Ybanez founded MICAB, a cab-hailing application for Android and iOS devices. The application started as an SMS-based project in Cebu, but as smartphone technology evolved during the years, so did the app.
Manila Bulletin

No need to lift martial law yet in Marawi, senators say
THERE is no need to lift martial law in Mindanao yet since the main battle area in Marawi City has to be cleared first of improvised explosive devices (IEDs) left behind by the Maute extremists, some senators said.
The Manila Times

PHL Tourism: Looking At Brighter Side
Are you a tourism ambassador or heckler? Come join the growing number of citizens pushing the Philippine tourism bandwagon to the world. We are all in it together and when we really want something done, something happens—change.
BusinessMirror 

Bright Christmas for poultry growers: Farm-gate price of chicken on the rebound 2 months after A.I. outbreak
Poultry growers are starting to see a brighter Christmas, as farm-gate price of chicken has started to normalize, more than two months after an avian influenza (AI) outbreak in Central Luzon.
BusinessMirror 

‘Special’ chicken imports not needed, Piñol says
The Department of Agriculture (DA) is not keen on authorizing any special importation of chicken, as local output remains ample to meet the expected increase in demand during the holidays.
BusinessMirror 

PH wants ‘butanding’ on list of endangered animals
Whale sharks, locally called “butanding,” should be reclassified from vulnerable to endangered, according to the Department of Environment and Natural Resources (DENR).
Philippine Daily Inquirer

Feature photo Marcin Gabruk
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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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.

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