Philippines morning news for November 13

Philippines morning news for November 13
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Philippines morning newsNet FDI inflows at $7.4 B end-August
The country’s net foreign direct investments (FDI) as of end-August rose to $7.42 billion, up 31 percent from same time last year of $5.66 billion on continued investor confidence, the Bangko Sentral ng Pilipinas (BSP) said yesterday.
— Manila Bulletin

Palawan: Philippines not ready for South China Sea war — Duterte
In a pointed address from the strategic island of Palawan on Saturday (November 10) Philippine President Rodrigo Duterte said his country is “not ready” for a looming war in the South China Sea.
— AEC News Today

No arrest warrant issued for Marcos’ non-appearance for graft promulgation
No arrest warrant was issued against former First Lady Imelda Marcos Monday.
— CNN Philippines

Imelda Marcos’ health, age to be considered in her arrest: PNP
The Philippine National Police (PNP) on Monday said they are taking into consideration the health of former first lady and now Ilocos Norte Rep. Imelda Marcos in complying with the arrest order to be issued by the court.
— Philippine News Agency

P200 billion forfeiture cases vs Marcoses up for decision
A civil case seeking to recover P200 billion in government funds allegedly plundered by the Marcos family during their two-decade reign is nearing resolution at the Sandiganbayan.
— The Philippine Star

Philippine editor accuses Duterte of ‘weaponising’ rule of law
The editor of a Philippine news organisation charged with tax evasion has accused the government of President Rodrigo Duterte of using “brute force and intimidation” and “weaponising” the rule of law against its critics.
— The Guardian

NGCP starts cable laying for terminal stations of P52-B MVIP project
Transmission firm National Grid Corporation of the Philippines (NGCP) is advancing on its P52- billion Mindanao-Visayas Interconnection Project (MVIP) as it already broke ground last week on the installation of the linked power grids’ cable terminal stations.
— Manila Bulletin

Filipino exporters raise $124 million from China expo sales
Local exporters have raised a total of $124 million in sales from China’s largest trade expo in what was seen as a show of improved trade ties between Manila and Beijing.
— Business Mirror

P5.6B allotted for Mindanao railway land acquisition
The city governments of Tagum, Davao, and Digos have started talking with families whose properties would be traversed by the first segment of the Mindanao Railway System Project (MRSP).
— Rappler

House approves stiffer penalties vs sexual harassment
The House of Representatives gave its nod to a bill seeking to impose stiffer penalties on people committing sexual harassment in the workplace, schools, and training institutions.
— Rappler

P27-M tourism village to rise in Ilocos Norte town
A PHP27-million tourism village will soon rise in Burgos, Ilocos Norte, which is expected to further boost tourism – not only in the said town but the entire province, which was visited by close to a million tourists on an annual basis.
— Philippine News Agency

Govt loses bid to compel Piatco to pay P300 million
THE government has lost its bid before the Court of Appeals (CA) to compel the Philippine International Air Terminals Co. Inc. (Piatco) to pay the amount of $6 million, or more than P300 million, representing the cost of the arbitration proceedings before the International Chamber of Commerce International Court of Arbitration.
— Business Mirror

Solon slams PNP for making excuses against Imelda arrest
The Philippine National Police’s (PNP) excuse-making regarding the possible arrest of Ilocos Norte 2nd district Representative and former First Lady Imelda Marcos did not sit well with Bayan Muna Party-List Rep. Carlos Isagani Zarate.
— Manila Bulletin

ICTSI offers to develop two ports in Iloilo province for more than P5 billion
International Container Terminal Services Inc. offered to develop two ports in Iloilo province for over P5 billion.
— Manilastandard.net

House respects anti-graft court ruling vs. Imelda Marcos
Majority Leader Rolando Andaya Jr. on Monday said the House of Representatives will respect and abide by the Sandiganbayan decision finding former First Lady and now Ilocos Norte Rep. Imelda Marcos guilty of graft.
— Philippine News Agency

Senators oppose China Telecom
THE Senate minority bloc on Monday questioned the selection process employed by the government in choosing the Mislatel consortium as the “provisional” new major player (NMP) in the telecommunications industry.
— The Manila Times

Philippines, Indonesia to jointly intensify fight against illegal trade
The Philippines and Indonesia have agreed to cooperate and intensify their fight against illegal trading in the region, the Philippine government said on Monday.
— Xinhua

Makati subway to create jobs for 6,000 people
The construction and operation of Makati City’s ambitious intracity subway system are projected to generate 6,000 new jobs in the financial capital by the time of its completion in 2023.
— Philippine Daily Inquirer

The world’s trash could be PH’s cash
THE Philippines has again become an unwitting dumping ground for some other country’s unwanted garbage, as tons of plastic trash from South Korea have apparently been abandoned at a port in Mindanao, according to news reports over the weekend.
— The Manila Times

Isidro Lapeña charged with graft over 105 missing containers
The National Bureau of Investigation (NBI) yesterday filed graft charges against former Customs commissioner and now Technical Education and Skills Development Authority (Tesda) chief Isidro Lapeña over 105 shipping containers that are missing and believed to contain undervalued goods.
— The Philippine Star

House approves bill on mining revenue reforms
The House of Representatives approved on Monday a bill seeking reforms on how the government collects revenues from mining operations.
— ABS-CBN News

Filipino Sign Language Act enacted
PRESIDENT RODRIGO R. Duterte has signed the Filipino Sign Language Act or Republic Act (RA) No. 11106, which declares the Filipino Sign Language as the National Sign Language of the Filipino deaf and the Official Sign Language of the government in all transactions that involve the deaf.
— BusinessWorld Online

Lawmaker: Ship back 51 container vans of solid waste to South Korea
Amid the so-called Korean craze, a lawmaker on Monday called for the return of some 51 container vans reportedly filled with solid garbage back to South Korea.
— Business Mirror

Rate hike pause or 25-basis-point rise a ‘possibility’ — BSP official
THERE IS ROOM for the Bangko Sentral ng Pilipinas (BSP) to pause on policy tightening with inflationary pressure showing signs of waning, said one senior central bank official who nevertheless said the economy appears capable of absorbing higher interest rates.
— BusinessWorld Online

U.S. fighter jet crashes in Philippine Sea
AN American FA-18 fighter jet crashed on Monday in Philippine Sea while conducting routine operations, a news statement from the commander of the US 7th Fleet said.
— Business Mirror

Hefty fuel price rollback takes effect November 13
Back to back hefty fuel price cuts prompts a consumer group to seek price adjustments for basic commodities.
— ABS-CBN News (video)

 

Feature photo ProjectsAbroad

This week’s Philippines morning news feature photo acknowledges World Diabetes Day, 14 November.

 

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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