Philippines Morning News For June 4

Philippines Morning News For June 4
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Philippines morning newsPlastic Battle’s plea: Ditch single-use bottles, go for refills
Digital nomad Bryan Madera was on an indefinite sabbatical, or “seabbatical” as he calls it, when he decided to do volunteer-for-accommodations last year at a hostel along the famed Twin Beach in Barangay Bucana, El Nido.
— Rappler

MPT South to extend Cavitex with P23.2-billion investment
AFTER investing roughly P700 million to enhance the capacity and decongest the Manila-Cavite Toll Expressway (Cavitex), Metro Pacific Tollways South Corp. (MPT South) plans to further extend the thoroughfare through a P23.2-billion investment to serve more motorists in the Southern Tagalog region.
— Business Mirror

900 ‘e-trikes’ deployed in Manila
Starting this month, a total of 900 “e-Trikes” will be plying the streets of the four Metro Manila cities under a government programme to transition towards “cleaner” transport alternatives.
— Gulf News

$7.5-B tripartite broadband project gets going
The power lines-anchored national broadband project of the Philippine government that will command multi-phase investments totaling US$7.5 billion will finally make headway with the scheduled signing of the tripartite agreement on this venture this week.
— Manila Bulletin

PCSO provides P643-M medical aid to over 33K patients in April
The Philippine Charity Sweepstakes Office (PCSO) has extended PHP643 million worth of medical assistance to 33,032 patients in April.
— Philippine News Agency

Creeping invasion? De Lima seeks Senate probe on massive influx of Chinese workers in PH
Senator Leila de Lima on Sunday is calling for a Senate investigation ion the ‘influx’ of Chinese workers in the country.
— Politiko (media release)

P110M lost in fishkill
Extreme heat, followed by heavy rain, cost fish pen owners P110 million worth of “bangus” (milkfish) on Thursday at Kakiputan Channel in the towns of Anda and Bolinao in Pangasinan province.
— Philippine Daily Inquirer

PRRD: PH at the mercy of oil-producing nations
The Philippines is at the mercy of oil-producing nations, President Rodrigo R. Duterte said late Saturday night amid the impact of the rise of oil prices in the world market.
— Philippine Canadian Inquirer

Aquino, Garin face criminal raps on Dengvaxia
FORMER President Benigno Aquino III and two former Cabinet officials are expected to appear before the Justice department for a preliminary investigation on a criminal complaint over alleged anomalies in the P3.5-billion anti-dengue program.

Electronic imports up 12.8% in Q1 – Seipi
ELECTRONIC imports increased by 12.81 percent in the first quarter of 2018 to $6.5 billion (P341.58 billion) from $5.76 billion (P302.69 billion) a year ago, the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (Seipi) said.
— The Manila Times

Reds torch P7 million road equipment
ive suspected New People’s Army (NPA) guerrillas burned P7.2 million worth of construction equipment in Sibalom, Antique on Friday.
— Philippine Star

Land Bank clinches purchase of PSE’s stake in PDS
State-run Land Bank of the Philippines is expected to sign this week an agreement to acquire the Philippine Stock Exchange’s (PSE) stake in the Philippine Dealing System Holdings Corp. (PDS Group).
— Manila Bulletin

PAF allots P53.5-M for ‘Huey’ parts
The Philippine Air Force (PAF) is looking for suppliers of structural, hydraulic, rotor and flight control systems needed for the repair and maintenance of its one of UH-IH/D “Huey” combat utility helicopters.
— Philippine News Agency

Inflation likely hit 4.9% in May
Inflation rate in May likely accelerated to a new five-year high of 4.9 percent from 4.5 percent in April, driven by higher food prices on supply problems, the Finance Department said over the weekend.

Duterte to raise ‘environmental concerns’ in South Korea visit
President Rodrigo Duterte said Sunday he would raise “environmental concerns” with potential investors during his three-day visit in South Korea this weekend.
— CNN Philippines

Smart City Spotlight: Manila
The capital of the Philippines; Manila is the world’s most densely populated city with 42,857 people per square kilometre.
— The Asean Post

Needing big-ticket investments, Rodrigo Duterte turned to China. The Philippines is still waiting
At the heart of Philippine President Rodrigo Duterte’s foreign policy is the pursuit of a golden age of bilateral relations with China.
— South China Morning Post

Duterte plans to shut down open pit mining by year’s end
President Duterte is mulling the shutdown of open pit mining by the end of the year if such mineral development operations don’t clean up their act.
— Manila Bulletin

Yields on gov’t debt rise
YIELDS on government securities (GS) traded in the secondary market rose slightly last week amid geopolitical concerns abroad.
— BusinessWorld Online

Employment app launched, targets one million jobs
A NEW mobile application has been launched with the aim of creating a million job opportunities by 2022.
— BusinessWorld Online

[OPINION] U.S. Indo-Pacific strategy: What’s in it for Philippines?
In his speech at the 17th Shangri-La Dialogue in Singapore, US Defense Secretary James Mattis declared what he describes as the Trump administration’s “whole-of-government” Indo-Pacific strategy.
— Rappler

PLDT fintech unit to digitize agri value chain
INTQnologies Corp. (FINTQ), the financial technology arm of PLDT’s Voyager Innovations, is expanding its reach through the agriculture sector to ensure affordable financing for increased productivity in the farm industry.
— Philippine Star

National Bookstore opens school for entrepreneurs, by entrepreneurs
Angelica Buli is chasing her dreams of becoming a businesswoman in National Bookstore’s school foray, hoping to replicate the success of its founder, who is acknowledged as an icon in the retail industry.

Calida got P7.5M in excess pay
Some officials of the Office of the Solicitor General (OSG), including Solicitor General Jose Calida, were paid honoraria or allowances that exceeded 50 percent of their annual basic salary, the Commission on Audit (CoA) said.
— The Manila Times

‘War resumes if peace talks with Reds fail’
WEEKS before the expected resumption of peace negotiations between the government and the Communist Party of the Philippines-National Democratic Front, President Rodrigo Duterte said he is ready to “resume the violent war” if the talks in Oslo fail.

PH, Japan closer to agreement on workers’ social security
The Philippines and Japan have exchanged diplomatic notes on the completion of constitutional requirements for an agreement between them on social security.
— Manila Bulletin

Philippines adopts 911 as emergency hotline number
People anywhere in the country can soon call 911 during emergencies.
— CNN Philippines

Duterte eyes purchasing Bell choppers from SoKor
President Rodrigo Duterte said Sunday the Philippine government is considering the purchase of Bell helicopters from South Korea to boost the capability of the Armed Forces of the Philippines.

Philippines eyes greater regulation of Islamic schools
The Philippine defense secretary said Sunday that authorities there will standardize teaching in both public and private Islamic schools in the wake of a militant siege last year that raised fears of greater radicalization in the country.
— Arab News


Feature photo michellesimtoco


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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