China opposes third party to probe Recto Bank boat sinking
July 1, 2019
China has rejected to have a third party that would investigate into the sinking of Fiipino fishing boat involving a Chinese vessel in Recto Bank, which is within the Philippine exclusive economic zone but is also being claimed by Beijing,
Duterte OKs Philippine Export Development Plan 2018-2022
July 1, 2019
President Rodrigo Duterte has approved the Philippine Export Development Plan (PEDP) 2018-2022 to boost exports and increase job opportunities for Filipinos. Memorandum Circular No. 62, which Duterte signed on June 26, also directed the concerned agencies to review all relevant
PSE up, peso surges to P51.05 vs US dollar
July 1, 2019
The main Philippine stock index gained and the peso surged against the US dollar on Monday. The peso closed at P51.05 from Friday’s P51.24. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $870.2 million
Martial law not solution to bombings in southern Philippines: Lorenzana
July 1, 2019
Defense Secretary Delfin Lorenzana said martial law is not a solution to the bombings in southern Philippines despite three incidents in Sulu and Basilan. “This is the third one. The first one was in Lamitan. The second was cathedral in
Next agri chief must be ”intimately familiar” with sector: Dominguez
July 1, 2019
Following Agriculture Secretary Emannuel Piñol’s resignation, Finance Secretary Carlos Dominguez III said next agriculture secretary should be “intimately familiar” with the sector. In their pre-SONA (State of the Nation Address) forum presentations, the economic team stressed a call for improving
Duterte “courting in dangers” if he invokes constitutional provision on EEZ, Palace says
July 1, 2019
President Rodrigo Duterte would be “courting in dangers”if he would invoke with China the constitutional provision about protecting the marine wealth and resources within th Philippine exclusive economic zone, his spokesman said on Monday. In an interview by ANC, Presidential
CIDG to pursue cases against alleged investment scams
July 1, 2019
Police Major General Amador Corpus, director of the Criminal Investigation and Detection Group ( CIDG) on Monday said they will continue operations against alleged investment scams even after an investor of Kapa International Ministry filed a complaint against them. In
Philippine, Japan, Indonesia coast guard start drill vs marine pollution
July 1, 2019
Vessels of the Philippine, Japanese and Indonesian coast guards arrived in Davao City to participate in the Marine Pollution Exercise starting Monday until Friday. Capt. Armando Balilo, Philippine Coast Guard (PCG) spokesman, said a total of nine vessels are
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