Philippines morning news for June 19

Philippines morning news for June 19

PhilHealth withdraws accreditation of WellMed Dialysis Center in QC The Philippine Health Insurance Corporation on Tuesday, June 18, withdrew its accreditation of WellMed Dialysis Center. — Eagle News PNP: 6,600 dead in drug war The […]

Philippines morning news for June 18

Philippines morning news for June 18

‘Premature’ to say Chinese vessel in WPS violated UNCLOS It is “premature” to say that the presence of the Chinese vessel, which allegedly rammed and abandoned a Filipino fishing boat near the Recto Bank in […]

Philippines morning news for June 17

Philippines morning news for June 17

External debt hits $80B in Q1 THE country’s outstanding external debt reached $80.431 billion in the first quarter of 2019, up from figures posted three months and a year earlier, data released by the Bangko […]

Philippines morning news for June 14

Philippines morning news for June 14

PhilHealth corruption: all healthcare providers “being watched” (video) The Philippines National Bureau of Investigations (NBI) has launched a wide ranging inquiry into medical clinics and health service providers associated with Philippine Health Insurance Corporation (PhilHealth). […]

Philippines morning news for June 13

Philippines morning news for June 13

Government debt payments in Q1 rise 11% to P220.2 billion DEBT payments made by the national government as of the first quarter of 2019 amounted to P220.179 billion, increasing by 11.09 percent from the P198.2 […]

Philippines morning news for June 12

Philippines morning news for June 12

Investments surged 40% to P290.6b in five months The Board of Investments approved P290.6 billion worth of investment commitments in the first five months of the year, up 40 percent from P207.5 billion year-on-year. — […]

Philippines morning news for June 11

Philippines morning news for June 11

FDI levels down 15% in Q1 to $1.94 billion–BSP LONG-TERM investments made by foreign players declined in the first quarter of the year, as a significant chunk of investment withdrawals were seen early in 2019, […]

Philippines morning news for June 10

Philippines morning news for June 10

Gross international reserves rose to a 31-month high of $85b—BSP The country’s gross international reserves which serve as a buffer against external risks climbed to a 31-month high of $85.02 billion in May 2019, data […]

Philippines morning news for June 7

Philippines morning news for June 7

Foreign investment pledges hit P46B in Q1 FOREIGN-INVESTMENT approvals saw a substantial increase in the first quarter of 2019, the government reported on Thursday, with four investment-promotion agencies (IPA) recording growth in the period. — […]

Philippines morning news for June 6

Philippines morning news for June 6

Inflation snaps 6-month downtrend, rises 3.2% in May The rise in consumer prices picked up pace in May, snapping a six-month slowdown, as prices of food, housing, utilities and fuels accelerated, the Philippine Statistics Authority […]

Philippines morning news for June 5

Philippines morning news for June 5

SC sets oral arguments on writ of kalikasan in West Philippine Sea on June 25 THE Supreme Court on Tuesday ordered oral arguments on the Writ of Kalikasan case seeking to protect protect, preserve, rehabilitate, […]

Philippines morning news for June 4

Philippines morning news for June 4

Manufacturing PMI improves in May MANUFACTURING firms in the Philippines saw an improvement in operating conditions in May as faster new order growth encouraged businesses to increase output, an IHS Markit/Nikkei survey said. — The […]