Inflation eases to 16-month low of 3%
Inflation rate in April eased to a 16-month low of 3 percent from 3.3 percent in March, prompting economists to believe that the Bangko Sentral ng Pilipinas may consider cutting the benchmark interest rates in its policy meeting Thursday.
— Manilastandard.net
Government debt bloats to all-time high of P7.8T
The national government’s debt pile jumped to another all-time high of P7.802 trillion as of end-March due to currency adjustments and the net issuance of government securities, according to the Bureau of the Treasury.
— The Philippine Star
Writ of kalikasan presses gov’t to prove it has been protecting West PH Sea – analyst
The writ of kalikasan the Supreme Court issued will push the Duterte administration to prove what it has done to protect and preserve the Philippines’ marine environment in its exclusive economic zone, an analyst said Tuesday.
— ABS-CBN News
Dollar reserves hit $84B in April
THE country’s dollar reserves rose to a 30-month high of $83.955 billion in April on the back of the Bangko Sentral ng Pilipinas’ (BSP) foreign exchange operations and investment income plus foreign currency deposits by the government.
— The Manila Times
Manufacturing falls for 4th month
FACTORY OUTPUT posted its fourth consecutive month of decline in March, the Philippine Statistics Authority (PSA) reported on Tuesday.
— BusinessWorld Online
Duterte Youth wants death penalty for heinous crimes
Party-list group Duterte Youth would push for the revival of the death penalty for heinous crimes if it wins a seat in the House of Representatives in the 2019 midterm elections.
— Rappler
P121.7M needed to repair earthquake-damaged roads, bridges in Pampanga
The magnitude 6.1 earthquake that struck Luzon on April 22 caused P121.7 million worth of damage to roads and bridges in this province.
— Rappler
Philippine startup community ranks 54th out of 100 globally
According to research center StartupBlink, the Philippines’ startup ecosystem places 54th out of 100 countries all over the world. This is up 16 slots since the study was last conducted in 2017.
— BusinessWorld Online
Duterte signs law giving 10-year fiscal perks to energy-efficient projects
PRESIDENT Duterte has signed into law a measure that will encourage energy-efficient projects by providing 10-year fiscal incentives.
— Business Mirror
Manila owes GSIS P204M
THE City of Manila owes the Government Service Insurance System (GSIS) more than P200 million in unpaid premiums, including interest, from 2012 to 2018, a demand letter obtained by The Manila Times showed.
— The Manila Times
Opposition senatorial bets demand information on Marawi rehabilitation
Two opposition senatorial candidates are asking the government to disclose the “real status” of rehabilitation efforts in war-torn Marawi.
— CNN Philippines
Construction of LRT-1 Cavite extension kicks off
After a two-year delay, the construction of the Light Rail Transit (LRT-1) Cavite extension finally began onTuesday.
— CNN Philippines
Domestic demand, business optimism to lift manufacturing
Manufacturing production is expected to be buoyed by stronger domestic demand and business optimism despite the recent decline in performance, the National Economic and Development Authority (NEDA) said yesterday.
— Manila Bulletin
Mike de Leon drops new docu, this time on China and its “love affair” with the Philippines
Less than three months after releasing one of the most courageous anti-Duterte videos in recent memory, Kangkungan, Mike de Leon has dropped another bomb on the online world while everyone was literally sleeping.
— ABS-CBN News
Journalists linked to ‘Oust Duterte’ matrix vow to ‘never go down’
JOURNALISTS who were linked to the so-called “Oust-Duterte matrix” reiterated the need to stand together in fighting for the truth amid alleged threats from the government.
— The Manila Times
ALU-TUCP wants P772 minimum wage for private sector workers in Central Visayas
Central Visayas workers need sufficient food to be more productive.
— CDN
PH joblessness rate drops for second straight quarter — SWS
The joblessness rate in the Philippines in the first quarter of 2019 declined for the second straight quarter, the latest Social Weather Stations (SWS) survey released Tuesday showed.
— Inquirer.net
DepEd says PH, China partnering on initiatives to enhance education sector
The Department of Education (DepEd) confirmed that the Philippines and China will be partnering on various initiatives to enhance the education sector’s infrastructure requirements, as well as cultural exchange – particularly for interested Filipino teachers.
— Manila Bulletin
Court allows De Lima to vote in 2019 midterm polls shares
The Muntinlupa court handling the government’s drug case against Sen. Leila de Lima has allowed her to vote in the 2019 midterm elections.
— The Philippine Star
7,000 Pinoys barred from leaving PH in Q1 2019: BI
Over 7,000 out-bound Filipino travelers were barred from leaving the country in the first quarter of 2019 due to the government’s intensified campaign against human trafficking, the Bureau of Immigration (BI) reported on Tuesday.
— Philippine News Agency
PH urges multilateral lenders to harmonize efforts for Asia
The Philippines renewed its call for closer cooperation among multilateral lenders in their development initiatives by building on their respective strengths and activities.
— Inquirer.net
Duterte orders swift screening of potential appointees to Overseas Filipino Bank board
President Duterte has ordered the swift screening of potential appointees to the board of the Overseas Filipino Bank (OFBank).
— Manila Bulletin
Philippines experimenting with paper made from pineapple
The Design Center of the Philippines, an attached agency to the Department of Trade and Industry committed to strengthening the Philippines’ design ecosystem, recently launched pinyapel, a locally processed and manufactured specialty paper from locally sourced discarded pineapple leaves.
— Fresh Plaza
70% of Filipinos will support candidates who push for higher tobacco taxes – Pulse Asia
Seven out of 10 Filipinos will support candidates who will push for an increase in tobacco taxes, survey results from pollster Pulse Asia showed.
— Rappler
Discarded cigarette caused condo fire in Philippines?
The Bureau of Fire Protection is investigating whether a cigarette thrown away by a Chinese tenant caused the fire at First Pacific Coast Plaza condominium that killed a resident.
— Asia One
Philippines acquires 2 new anti-submarine helicopters for navy
The Philippine Navy (PN) acquired two brand-new AgustaWestland AW159 “Wildcat” anti-submarine helicopters, the PN chief said on Tuesday.
— Xinhuanet
Philippine church workers hurt in election-related violence
Unidentified gunmen shot at a group of Catholic lay leaders who were on their way to a meeting in the southern Philippines in what church leaders suspect was election-related violence.
— UCA News
Duterte signs law waiving document fees for first-time jobseekers
President Rodrigo Duterte has signed a law that would waive government fees on documents needed by first-time jobseekers for their employment.
— The Philippine Star
DA cites the World Bank for development, gains in PHL agri-fishery sector
Agriculture Assistant Secretary Lerey Panes presented to Carolina Figueroa-Geron, lead rural development specialist, Agriculture Global Practice of the World Bank, the Development Aid Partner Award for Agriculture and Fisheries at the recent Mission: PHL, the BusinessMirror Envoys&Expats Awards.
— Business Mirror
Davao cops to implement ‘no backpack’ policy on election day
The Davao City Police Office (DCPO) will strictly implement the “No Backpack” policy on election day, May 13.
— Philippine News Agency
DTI backs call for retail liberalization
The Department of Trade and Industry (DTI) yesterday urged the public to report establishments that cater only to Chinese clients or any other specific nationality.
— Malaya
Canada to pay for shipping out 69 container vans of trash – Malacañang
The Canadian government has vowed to pay for all the expenses required to ship out 69 container vans of garbage that arrived illegally in the Philippines, said Malacañang.
— Rappler
PAL refleeting ends; rights offer eyed
Philippine Airlines received the last of six brand-new Airbus A350-900s early this week, marking the completion of its widebody refleeting program that is a key part of its aspirations to become a five-star carrier by next year.
— Inquirer.net
Organizers cancel candidates’ forum after only 1 aspirant shows up
The forum for the mayoralty candidates set Tuesday here by the Philippine Information Agency (PIA) in partnership with the Commission on Elections (Comelec) was canceled as only one aspirant showed up at the venue.
— Philippine News Agency
Infographics: Registered voters for the May 2019 National and Local Elections
It’s six days to go before the May 13, 2019 midterm elections. For the voting public to be better informed, here are some infographics for the coming elections, particularly data on the registered voters expected to turn out for next Monday’s crucial voting.
— Eagle News
Unopposed: Over 500 candidates in local races need only 1 vote to win
While elections are a time for choosing our leaders, voters in several provinces, cities, and municipalities won’t have much of a choice over who will lead them in the next 3 years, as over 500 candidates are running unopposed in the 2019 elections.
— Rappler
DTI defends higher SRPs for some goods
The Department of Trade and Industry (DTI) defended the recent increase in suggested retail prices (SRPs) for certain goods, following a consumer group’s call for a rollback.
— Rappler
Palace to release ‘bombshell’ info on group behind ‘Bikoy’
Malacañang on Tuesday said it will soon release a “bombshell” information on a group controlling Peter Joemel Advincula, who claimed to be “Bikoy” in a video series which linked President Rodrigo Duterte, his family, and allies in the illegal drug trade.
— Philippine News Agency
2 cops, 17 others nabbed with firearms in Pagadian City
Government forces arrested 19 people and seized 17 assorted firearms and ammunition on Monday (May 6) in Barangay Danlugan, Pagadian City.
— Philippine News Agency
DOH to open HIV confirmatory lab in Iloilo hospital
The Western Visayas Medical Center (WVMC) in Mandurriao district in this city will be the site for the Rapid HIV Diagnostics Laboratories (rHIVda) and is waiting for certification from the Department of Health (DOH).
— Philippine News Agency
Diokno, Gutoc file FOI request on status of Marawi rehab
Opposition senatorial candidates Chel Diokno and Samira Gutoc have requested Task Force Bangon Marawi to grant them access to documents on the actual status of the rehabilitation efforts and donations for reconstruction of the strife-torn Marawi City.
— GMA News
EARTHQUAKES: List of Quakes That Hit Philippines Today (May 7, 2019)
Earthquakes that Rocked the Philippines Today (May 7, 2019) EARTHQUAKES – Here is a list of the quakes that hit the areas in the Philippines today, May 7, 2019.
— Philippine News
U.P. archaeologists find ancient site in Misamis Oriental dating back to 3,000 BC
Archeologists from the University of the Philippines (UP) have unearthed ancient artifacts dating back to 3,000 BC in Alubijid, Misamis Oriental, a town 25 kilometers from this city.
— Rappler
Meralco slashes power rates for May 2019
The Manila Electric Company (Meralco) announced on Tuesday, May 7, that overall electricity rates for the month will decrease to P10.29 per kilowatt hour (kWh) from April’s P10.56.
— Rappler
SoCot eyes leprosy-free status
The provincial government of South Cotabato is pushing for the province’s declaration in the next two years as leprosy-free.
— Philippine News Agency
Cable provider sued for airing ‘Avengers: Endgame’
A CABLE TV provider in Dipolog City, Zamboanga del Norte is facing several lawsuits for allegedly airing a pirated copy of “Avengers: Endgame.”
— Tempo
Militiamen repel NPA attack on NoCot detachment
Suspected communist New People’s Army (NPA) members were repelled when they attacked a militia detachment in Arakan, North Cotabato on Monday, an official said.
— Philippine News Agency
Farmers to raise yield with corn production technique
The Department of Agriculture (DA) in Region 6 (Western Visayas) has committed to bring the Sloping Corn Production in Sloping Areas (SCOPSA) technique to farmers in Iloilo province’s component city of Passi.
— Philippine News Agency
PNP launches technology-driven poll monitoring center
THE Philippine National Police (PNP) on Tuesday launched the National Election Monitoring Action Center (Nemac) to receive real-time updates from its men deployed in polling centers for the May 13 elections.
— The Manila Times
Escolta: Former queen of Manila streets becomes the ‘Hub’
Before the all-under-one-roof retail mall came into being, particular areas or streets were often designated for particular items and products. In pre- and early postwar Manila, there was Carriedo for shoes, Raon for music, Divisoria for fabrics, and Central Market for fresh produce.
— Inquirer.net
New RoRo route to Mindoro to boost Antique economy, tourism
The presence of a new roll-on, roll-off (RoRo) player plying between Lipata Port in Culasi, Antique and Bulalacao, Oriental Mindoro is expected to boost the economy and tourism of Antique.
— Philippine News Agency
Profiling of GIDAs in Kalinga continues
Profiling of geographically isolated and disadvantaged areas (GIDA) identified by local government units is on-going in the province to pave way for the faster delivery of health services and access to health facilities as mandated under the Universal Health Care law.
— Philippine Information Agency
KWF seminar to foster more PH cultural studies
The Komisyon sa Wikang Filipino (KWF) will conduct in La Union province a three-day seminar aimed at promoting research on Philippine culture, in public and private elementary and high schools nationwide.
— Philippine News Agency
DA urges farmers to venture on goat raising
Considering the high demand of goat meats in the market, an official of the Department of Agriculture – Cagayan Breeding Station (DA-CBS) based in Solana town in this province urged farmers to venture on goat raising.
— Philippine Information Agency
Promo: Sky Fiber plans at double speed for 1st 6 months of subscription
Sky’s looking to lure more customers this year with a promo that doubles the internet speed for new subscribers of their 10 Mbps (P1,399 monthly; boosted to 20 Mbps), 25 Mbps (P1,899 monthly; boosted to 50 Mbps), and 50 Mbps (P2,499 monthly; boosted to 100 Mbps) fiber internet plans.
— Rappler
Feature photo Mongabay
This week’s Philippines morning news feature photo acknowledges World Migratory Bird Day, May 11.
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 May 8 added by Stella-maris Ewudolu on
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Stella-maris Ewudolu
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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