Philippines Morning News For September 7

Philippines Morning News For September 7
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Philippines morning newsFree tuition to cost P51B
The Department of Budget and Management (DBM) said based on initial estimates, the Free Tuition Law will cost around P51 billion for its first year of implementation.
— Malaya

China proposes intel sharing, counter-terror training with AFP
With terrorism now becoming a global threat, the People’s Republic of China (PRC) is proposing intelligence sharing and counter-terror training with the Filipino military.
— Philippine News Agency

Philippines could be at risk of US sanctions for North Korea trade
THE PHILIPPINES runs the risk of courting US trade sanctions for “doing business” with North Korea and the government is concerned enough to study its next steps on this matter.
— BusinessWorld Online

Ports cargo volume rises 7.42% in first half
CARGO throughput recorded by ports in the Philippines rose 7.42% in the first half of the year, reflecting a positive economic climate, the Philippine Ports Authority (PPA) said.
— BusinessWorld Online

Peso up on dovish Fed remarks
THE PESO appreciated anew yesterday, reacting to a weaker dollar amid dovish comments from a Federal Reserve official on the next policy moves in the United States.
— BusinessWorld Online

Tobacco output seen falling below 50,000 MT
Philippine tobacco output this year may not reach 50,000 metric tons (MT), as the decline in the demand for cigarettes discouraged farmers from planting the cash crop, the National Tobacco Administration (NTA) said on Wednesday.
— Business Mirror

End of DACA puts at risk up to 6,000 young Filipino recipients
There are approximately 22,000 young Filipino immigrants who are eligible to apply for benefits under the Deferred Action for Childhood Arrivals. Only 27 percent of those eligible applied, or approximately 6,000. The rest of these young Filipino immigrants continue to wait for permanent solution to their status. With the announcement that President Donald Trump is ending the DACA program will those who took advantage of the DACA program be arrested and eventually be deported?
— Inquirer.net

SSS investing in infra PPP
State-run Social Security System (SSS) is looking to invest in the Duterte administration’s big-ticket infrastructure projects in line with its strategy to boost its profitability.
— The Philippine Star

Drug war flawed? Bishop sees no end to slays
A CATHOLIC bishop expressed fear Wednesday that more young people would be killed if the government won’t change its hardline approach to the problem of illegal drugs.
— Manilastandard.net

Miners seek ‘elbow room’ on open pit mining
PRESIDENT Rodrigo R. Duterte’s remarks favoring a halt to open-pit mining has left miners looking for some room to maneuver, saying that his pronouncements contemplate allowing mining operations currently using the method, provided environmental safeguards are met.
— BusinessWorld Online

LTFRB to increase franchise validity of Grab, Uber, U-Hop units to 3 years
The Land Transportation Franchising and Regulatory Board (LTFRB) will increase the franchise validity of units operating under ride-hailing services Grab, Uber and U-Hop from 1 to 3 years, the agency told ABS-CBN News Wednesday.
— ABS-CBN

Taiwan, Philippines reach consensus on labor issues
Taiwan reached agreement with the Philippines on four key issues during the 7th R.O.C. (Taiwan)-Philippines Joint Labor Conference on Tuesday in Manila, Taiwan’s Ministry of Labor (MOL) said on Wednesday
— Focus Taiwan

Philippines: Killings of children continue unabated
Responding to the discovery of the body in Gapan City of Reynaldo de Guzman, a 14-year-old boy who had been missing for nearly three weeks, Amnesty International’s Director for Southeast Asia and the Pacific, James Gomez, said:
— Amnesty International

Fruits output rises in 2nd quarter; mango falls 10%
OUTPUT of major fruit crops, which include banana, pineapple and calamansi (Citrus microcarpa), rose in the second quarter, the Philippine Statistics Authority (PSA) said.
— BusinessWorld Online

‘Open-pit mining only way to extract minerals in PHL’
The Chamber of Mines of the Philippines (COMP) on Wednesday said it will continue to work with the Duterte administration as it vowed to convince President Duterte on the soundness of the open-pit mining method.
— Business Mirror

Another PH distinction: Philippines is third biggest trading partner of North Korea
THIS is not a humor piece, but rather a wake-up call for Filipinos to comprehend the rising nuclear crisis that has been ignited by North Korea with its nuclear test last Sunday and its proximate emergence as a nuclear power in its own right.
— The Manila Times

NEDA OKs P355.6-B Metro Manila subway project
The National Economic and Development Authority (NEDA)-Investment Coordination Cabinet Committee (ICC-Cabcom) has approved at a higher cost and modified scope the first phase of the subway project for Metro Manila.
— The Philippine Star

DFA to help 10,000 Pinoys facing deportation from US
AN estimated 10,000 Filipinos may end up getting deported as a result of Washington’s decision to cancel a program that allowed undocumented children to stay legally in the United States, the Department of Foreign Affairs (DFA) said on Wednesday.
— The Manila Times

PH, markets on edge as unpredictable North Korea promises more ‘gifts’
The local stock barometer fell below the 8,000 mark on Wednesday, tracking mostly sluggish regional markets as investors weighed fresh threats of military action by North Korea.
— Philippine Daily Inquirer

169 elderly inmates up for executive clemency
As Christmas nears, the Board of Pardon and Parole has recommended to President Duterte the grant of executive clemency to 169 elderly convicts.
— Manila Bulletin

China donates P5 million for Filipino soldiers fighting in Marawi
The Chinese government has donated PHP5 million for Armed Forces of the Philippines (AFP) troops fighting against terrorists in Marawi City.
— Update Philippines

‘Justice must be served’: Lawmakers oppose immunity for Marcoses
Lawmakers from the House opposition bloc on Wednesday, September 6, slammed President Rodrigo Duterte’s latest pronouncements on the Marcos family’s ill-gotten wealth and the option of “immunity.”
— Rappler

Customs seizes luxury cars, onions, carrots from China
Bureau of Customs (BOC) Commissioner Isidro Lapeña led the inspection of several container vans loaded with two luxury cars, automotive parts and agricultural products worth PHP19 million at the Manila International Container Port (MICP) on Wednesday.
— Update Philippines

Philippine durian & pomelo prices drop as production increases
As the production of durian and pomelo increased, a decrease in its prices have been noted based on the price monitoring conducted by SunStar Davao at the fruit stands of the Magsaysay Fruit Vendors Association, Magsaysay Park in the Philippines.
— Fresh Plaza

DOF gets P19.73-billion budget for 2018
A SMALLER budget looms for the Department of Finance (DOF) in 2018 after the Committee on Appropriations of the House of Representatives endorsed P19.73 billion for congressional approval.
— Sun Star

PH, China ink deal on 23-km Davao City expressway
A team of experts from the Philippines and the People’s Republic of China (PRC) will be conducting feasibility study on the proposed Davao City Expressway Project.
— Philippine News Agency

Militant solon warns PH ID system threatens right to privacy, security
The national identification system is a threat to right to privacy, safety and security, a claim made by a militant lawmaker on Tuesday as he slammed the railroading of the bill proposed at Congress.
— Davao Today

EU businessmen bullish on PH, rest of Asean
Majority of European businesses in the Philippines are optimistic of their prospects, looking to expand their operations and headcount in the country, according to the third annual EU-Asean Business Sentiment Survey.
— Malaya

PH acquires air-to-air missiles for FA-50PH jets
The Department of National Defense (DND) will acquire sufficient stocks of AIM-9 “Sidewinder” air-to-air missiles for the country’s 12 Fighter/Surface Attack/Lead-in Fighter Trainer (F/SA/LIFT) FA-50PH “Fighting Eagle” aircraft.
— Update Philippines

BOC suspends use of ‘green lane’ for shipments
The Bureau of Customs (BOC) has temporarily stopped the use of the ‘green lane’ in classifying shipments that are entering the country’s ports until a review on the system has been completed.
— Northbound Philippines

Philippine banana growers call for peace talks to save industry
The Philippine banana industry is strongly urging the government to return to the negotiating table with the rebels to save their sector.
— Fresh Plaza

 

Feature photo ILO in Asia and the Pacific
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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