Category Archives: Philippines

Mines and Geosciences Bureau Recommends Lifting of Ban on Open-Pit Mining

The Mines and Geosciences Bureau (MGB) has recommended to Environment Secretary Roy Cimatu the lifting of the ban on open-pit mining. The agency said that it is an internationally accepted mining method, with even Duterte himself telling industry executives and officials that the law allows this practice. The issue will likely be taken up during the next meeting of the Mining Industry Coordinating Council (MICC), which is… Continue reading

Finance Chief Warns Rejection of Tax Reform Proposals to Affect Infrastructure Buildup

Finance Secretary Carlos Dominguez has upped the pressure on the Senate to approve the administration’s tax reform program by saying that the government will not be able to fund half the infrastructure spending planned until 2022 if the proposals are rejected or considerably watered-down. He added that Congress should likewise pass succeeding tax reform packages, as revenues from the first package currently under Senate review… Continue reading

June Remittances Up 6.8%

Remittances climbed 6.8 percent to $2.75 billion in June from $2.57 billion in the same month last year, the highest since the record $2.91 billion last March. For the first half, personal remittances grew 5.5 percent to $15.36 billion from $14.57 billion in the same period last year. The bulk or 80 percent, of remittances came from the US, Saudi Arabia, United Arab Emirates, Singapore, Japan, United Kingdom, Qatar, Kuwait, Germany, and… Continue reading

Philippine GDP Up 6.5% in Second Quarter of 2017

Gross domestic product (GDP) increased by 6.5 percent in the second quarter of 2017, lower than the 7.1-percent growth in the same period last year but slightly higher than the 6.4-percent growth in the first quarter of 2017. It is on track to meet its full-year expansion target of 6.5 to 7.5 percent. The industry sector recorded the fastest growth of 7.3 percent, followed by the services sector with 6.1 percent and agriculture with 6.3… Continue reading

Chinese Vessels Spotted Near Pag-asa Island in South China Sea

House of Representatives member and former marine officer Gary Alejano warned that Chinese vessels are massing near a Philippine-inhabited island in the South China Sea. He added that the vessels have already blocked a Philippine-government ship from going to the island. Secretary Alan Cayetano, however, replied that there is no reason for alarm. The foreign affairs chief said that even US ships pass through the area, even as he… Continue reading

War on Drugs Claim 58 Lives in Manila and Bulacan

President Rodrigo Duterte’s war on drugs shifted to a higher gear recently. At least 58 suspected peddlers and users were killed in a 48-hour period in Manila and Bulacan, a province just north of the capital. Police warned of more encounters as they step up the drive against illegal substances. Human rights advocates decry the widespread killings, as… Continue reading

Duterte’s Son Implicated in Drugs

Paolo Duterte, the President Rodrigo Duterte’s son and vice mayor of Davao City, has been implicated in crimes related to drugs. This is the second instance that his name has been linked, with photos also circulating showing him with a prime suspect in a P6.5-billion methamphetamine smuggling attempt from China. The president earlier promised to step down if any family member is involved in drugs. However, Duterte noticeably backtracked after he set the condition that there must be documentary… Continue reading