Category Archives: Business and Economy

ASEAN studies on woman affected by disasters


THE ASEAN Intergovernmental Commission on Human Rights (AICHR) Philippines completed in July 2017 its thematic study on women affected by natural disasters.
Among other things, the study found out that natural disasters tend to increase and multiply the risks of vulnerable groups, such as women, and bring about an extremely difficult circumstance of displacement.
Vulnerable groups need immediate and sustained protection as well as the opportunity to participate in deciding on programs that seek to benefit them.

Suu Kyi touches on women’s role


MYANMAR State Counsellor Daw Aung San Suu Kyi on Monday centered her vision of prosperity for all on women economic empowerment and human capital development during her keynote at the ASEAN Business and Investment Summit 2017.
Suu Kyi was amongst the state leaders to be invited by the ASEAN Business Advisory Council, to impart their own perspective on achieving inclusive growth in the region. To open the summit, Suu Kyi touched on ASEAN economic milestones paralleled with Myanmar’s distinct view on development and the central role women play.

ASEAN tackles politics


FOREIGN Affairs Secretary Alan Peter Cayetano on Monday hosted and chaired the 16th ASEAN Political-Security Community (APSC) Council Meeting in Manila in preparation for the 31st ASEAN Summit and Related Summits.
The APSC is one of the three Pillars of ASEAN, with the function of ensuring an inclusive, responsive, and resilient ASEAN in addressing challenges to regional peace and security.

World leaders coming to PH


WORLD leaders are expected to arrive in the Philippines this weekend to attend the 31st Association of Southeast Asian Nations (ASEAN) Summit and Related Summits in Manila.
Most of the leaders will land at Clark International Airport, over 100 kilometers from the Philippine International Convention Center (PICC) in Pasay City, the venue for the majority of the meetings.
Before the 31st ASEAN Summit and Related Summits kick off on Monday, Nov. 13, some ASEAN leaders are expected to grace the ASEAN Business and Investment Summit 2017 to launch the ASEAN Business Advisory Councils’ (ABAC) flagship project, the ASEAN Mentorship for Entrepreneurs Network (AMEN).

PHP1B for distressed workers abroad

PHILIPPINE President Rodrigo Duterte was reported to have approved for a PHP1-billion budget to assist distressed Filipinos abroad in 2018, from previous PHP600 million.
The Department of Foreign Affairs (DFA) expects to start implementing “liberal” guidelines for the provision of assistance to nationals (ATN) to all overseas Filipino workers (OFWs) in distress by next year.���
Raul Dado, DFA Executive Director for Migrant Workers Affairs, said Friday the new guidelines are up for review by Secretary Alan Peter Cayetano.��

THE Armed Forces of the Philippines (AFP) has yet to verify or uncover any destabilization plot against President Rodrigo Duterte and the government, a military official said late Thursday.
“We will be conferring with other government agencies. But in so far as the AFP is concerned, we have not monitored any such destabilization plan,” AFP chief of public affairs, Col. Edgard Arevalo, said.
Arevalo reiterated that the military would not allow any attempt to undermine the stability of the government.
“We will frustrate any effort that will cause the disruption of our democratic way of life. That is, and shall always be, our commitment to the nation and our people,” he added.

PH monitors NoKor’s missiles

THE Department of National Defense (DND) in Manila said it is closely monitoring the situation after North Korea has threatened to launch four intermediate-range missiles off Guam’s waters by mid-August.
“While we believe that the threat of a missile launch by the Democratic People’s Republic of Korea (North Korea) is not directed at the Philippine archipelago, the Department of National Defense is closely monitoring the situation in the region,” Defense Secretary Delfin Lorenzana said in a statement Saturday.
Lorenzana said the DND is treating the event as a civil defense rather than a military issue.

PH daily accused of squatting

THE Philippine Daily Inquirer, one of the famous newspapers based in Manila, has been accused of squatting for illegally occupying a 2.9 hectare prime Makati property since 2003, a report by MindaNation said Saturday.
The report said Solicitor General Jose Calida is going after a corporation owned by the Prieto and Rufino families, same families who control the Sunvar Realty that owes the Philippine government more than a billion in unpaid taxes.
“You owe the Filipino people P1.656-billion, excluding interests… You cannot do this to the Filipino people… You have been depriving the government of money that could have been used to fund projects for the poor,” Calida said in a statement.

Good news for Filipino seniors, PWDs

SENIOR citizens and Persons with Disability (PWD) may soon avail of a 20 percent discount when booking a domestic flight online.
The Department of Transportation – Civil Aeronautics Board (DOTr-CAB) approved Thursday, July 13, a resolution requiring local airlines to give a 20 percent discount on tickets purchased via the carrier’s website or a mobile application. Prior to this, the discount was only applied to face to face transactions.
Under the resolution, senior citizens, PWDs, or their representatives must input the passenger’s details including date of birth and ID number indicated in the Senior Citizen or PWD card.

PH Senate ratifies Paris Agreement

By: Oscar Omer Almenario
The Senate adopted a resolution today concurring in the Accession to the Paris Agreement. The agreement seeks to limit the average global temperature to “well below two degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius above pre-industrial levels.”
Adopted was Senate Resolution 320. Senator Loren Legarda, chair of the Senate Subcommittee on the Paris Agreement under the Committee on Foreign Relations, said the Philippines’ ratification of the agreement would send a strong signal of the country’s continuing commitment to work with the rest of the world in ensuring the survival of mankind.
“Our nation bears the brunt of climate change even if we are among those who contributed the least to the crisis,” Legarda said.