Monthly Archives: September 2019

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by Lawrence Agcaoili (The Philippine Star) – Sept 12, 2019 MANILA, Philippines — Net inflows of foreign direct investments (FDI) fell by 48.5 percent to $430 million in June from $836 million in the same month last year due to the worsening trade war between the US and China, according to the Bangko Sentral ng…

by Lawrence Agcaoili (The Philippine Star) – Sept 12, 2019 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has strengthened its financial consumer protection framework in light of the increased complexity of financial products and rapid technological innovations in financial products and services.

by Eva Visperas (The Philippine Star) – Sept 12, 2019 DAGUPAN CITY, Philippines — At least 47,078 households were removed from the list of Pantawid Pamilyang Pilipino Program or 4Ps beneficiaries in Ilocos last month.

(The Philippine Star), Sept 12, 2019 Tuition is now free all the way to the tertiary level, following the enactment in 2017 of Republic Act 10931 or the Universal Access to Quality Tertiary Education law. With two more years of basic education plus kindergarten, the government should be appropriating a lot more funding for universal…

by Ian Nicolas Cigaral (Philstar.com) – Sept 12, 2019 MANILA, Philippines — The Philippine property sector should withstand external headwinds that are threatening the global economy amid “strong appetite” for commercial and residential spaces in the country, property consultancy Colliers International said.

The Straits Times/Asia News Network, Sep 12, 2019 JAKARTA — Indonesia’s top policymakers are now more certain about the need to amend its strict labor laws, which have, for more than a decade, scared away investors because of hefty severance pay and benefits.

by Inquirer Central Luzon, Sep 12, 2019 MASINLOC, Zambales –– Seven undocumented Chinese nationals were arrested after they were allegedly involved in illegal dredging operations here on Wednesday.

by Krissy Aguilar, Philippine Daily Inquirer, Sep 12, 2019 MANILA, Philippines—Poverty has been dislodged by marriage and family matters as the top reasons girls drop out of school, according to Education Secretary Leonor Briones.

by Faye Orellana, Philippine Daily Inquirer, Sep 12, 2019 MANILA, Philippines — Government agents have arrested seven Chinese nationals engaged in illegal sand mining in Masinloc, Zambales.

by Gabriel Pabico Lalu, Philippine Daily Inquirer, Sep 12, 2019 MANILA, Philippines – The National Food Authority (NFA) Council has approved lowering the prices of NFA rice to P27 per kilogram by flooding the market with at least 3.6 million bags of rice, according to the Department of Agriculture (DA).

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by Ian Nicolas Cigaral (Philstar.com) – Sept 11, 2019 MANILA, Philippines — The Philippine economy may once again depend on consumer spending as capital formation retreats amid falling imports, a global bank said.

(The Philippine Star) – Sept 11, 2019 Greetings from the Department of Science and Technology’s Food and Nutrition Research Institute (DOST-FNRI).

By: Daxim L. Lucas , Philippine Daily Inquirer, Sept 11, 2019 The entry of long-term capital into the Philippines continued to slow down in June, marking the fourth consecutive month of weaker investment inflows since the start of the year that was interrupted only by a slight uptick in February.

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By: Daxim L. Lucas, Philippine Daily Inquirer, 10 Sept 2019 The entry of long term capital into the Philippines continued to go slow in June, marking the fourth consecutive month of weaker investment inflow into the country since the start of 2019 that was interrupted only by a slight jump in February.

By Elijah Felice Rosales, Business Mirror, Sept 10, 2019 THE media and nongovernment organizations (NGOs) took the largest hit from the rise of disinformation and fake news under the Duterte administration, as trust ratings in these two institutions dropped significant digits over the past two years, according to a survey.

by Jacque Manabat, ABS-CBN News, Sep 10, 2019 MANILA – A group representing firms in the business process outsourcing industry said on Tuesday that the growth of the BPO sector was threatened by a tax reform bill that will place new limits on fiscal incentives.

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Will we see these railways completed within the lifetime of the current administration? by Loreben Tuquero, Sep 10, 2019 MANILA, Philippines – The Department of Transportation (DOTr) has allocated P100.6 billion or 98% of its 2020 infrastructure budget to its ongoing railway projects, 5 times its railway allocation for 2019.

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BY PERSIDA ACOSTA, Manila Times, Sept 7, 2019 Dear PAO, I am the personal assistant of an expat living in Makati City. I take care of my boss’ office and domestic concerns, including the hiring of his maid. My boss’ consultancy contract with the local company he works with in the Philippines was shortened, and…

by Czeriza Valencia (The Philippine Star), Sept 7, 2019 MANILA, Philippines — Foreign investment commitments approved by six of the country’s seven investment promotion agencies jumped to P49.6 billion in the second quarter of the year, with the bulk of pledges originating from Japan, the Netherlands and Singapore, the Philippine Statistics Authority (PSA) said.

by Raymund Catindig (The Philippine Star), Sept 7, 2019 TUGUEGARAO CITY, Cagayan, Philippines — A 20-year-old electrician remained under observation in a hospital yesterday after he was electrocuted in Caoayan, Ilocos Sur on Wednesday.

by Artemio Dumlao (The Philippine Star), Sept 7, 2019 BAGUIO CITY, Philippines — A beautician in this city has been sentenced to up to 20 years in prison and ordered to pay a fine of P1 million for selling women for sex.