No problem with Philippine economy, Palace claims

In an attempt to fire back at Vice President Leni Robredo’s advice to the chief executive, Malacañang painted a rosy picture of the country’s economy......»»

Category: newsSource: philstar philstarJul 12th, 2018

Palace: Filipinos’ outlook on quality of life a ‘repudiation’ vs admin critics

      MANILA, Philippines---Filipinos' positive outlook toward their quality of life and the Philippine economy is a "repudiation" against the skeptics of the Duterte administration, Malacaang said Friday. Presidential Spokesperson Salvador Panelo issued the statement in response to a Social Weather Stations (SWS) survey showing that the number of Filipino who viewed their lives improved over the past 12 months increased by 37 percent from the previous 28 percent of September 2018. The survey, which was conducted last December 2018, also showed that people were optimistic that the Philippine economy in 2019 would get better. READ: SWS: More Filipinos ...Keep on reading: Palace: Filipinos’ outlook on quality of life a ‘repudiation’ vs admin critics.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2019

GDP growth slows to 6.2%; Palace blames high inflation

Malacaang on Thursday blamed the economy's slower expansion in 2018 on last year's high inflation after the country's gross domestic product (GDP) posted a below-expectation 6.2-percent growth.   The Palace is not dismayed with the results, however, and said it would only push the Duterte administration to work harder to achieve its target.   "That was because of the inflation; the inflation rate was the problem. That's what our economic managers said," presidential spokesperson Salvador Panelo said at a press briefing.   "You always have a concern when you don't reach a certain target. But you work harder so that you can reach it the next time," he added...Keep on reading: GDP growth slows to 6.2%; Palace blames high inflation.....»»

Category: newsSource:  inquirerRelated NewsJan 24th, 2019

Palace blames inflation for missed 2018 GDP growth target

MANILA, Philippines --- Last year's inflation, which hit a new 10-year high, is to blame for the Philippine economy's slower pace in 2018, Malacaang said Thursday.   Presidential Spokesperson Salvador Panelo made the remark after the economy grew 6.2 percent in 2018 as the 2018 fourth quarter Gross Domestic Product (GDP) settled at 6.1 percent, bringing the full-year average below the 6.5-6.9 percent goal.   READ: PH missed 2018 GDP growth goal due to high prices   "That was because of the inflation eh. Inflation rate ang naging problema, 'yan ang sinasabi ng economic managers," Panelo said in a Palace briefing, adding that the full-year average is just "...Keep on reading: Palace blames inflation for missed 2018 GDP growth target.....»»

Category: newsSource:  inquirerRelated NewsJan 24th, 2019

Palace hails Sy as pillar of the Philippine economy | Inquirer Business

Malacaang extended its condolences to the bereaved family and friends of Henry Sy Sr., who died on Saturday at the age of 94. The post Palace hails Henry Sy Sr. as pillar of the Philippine economy app.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2019

Sy ‘visionary, pillar of economy’ — Palace

Malacañang on Saturday expressed condolences to the family of SM Group founder Henry Sy Sr., who died at 94. “Mr. Sy was a visionary and a pillar of the Philippine economy who believed in the potentials and opportunities of the country, and pursued them with dedication, passion, and hard work till their fruition,” Presidential Spokesperson […].....»»

Category: newsSource:  tribuneRelated NewsJan 19th, 2019

Philippine economy far from overheating — BSP exec

The Philippine economy is poised to sustain strong growth in the coming years, debunking claims it faces risks of overheating, Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo said......»»

Category: financeSource:  philstarRelated NewsDec 23rd, 2018

Palace probing protocol breach

Malacaang is looking into claims of a breach in protocol, particularly the use of the Philippine flag and the presidential flag during the visit of Chinese President Xi Jinping to Manila.   Presidential spokesperson Salvador Panelo, at a press briefing on Thursday, said he had brought the matter to the attention of Robert Borje, head of protocol, who will be issuing an official statement.   Panelo said he personally talked to Borje on the phone to get his comment, to which Borje reportedly replied that he was investigating it.   "I was asking him, any comment?" Panelo said of his conversation with Borje.   "Please give any comment on this. And ...Keep on reading: Palace probing protocol breach.....»»

Category: newsSource:  inquirerRelated NewsNov 22nd, 2018

Palace: Never too late to assert arbitral award in South China Sea

It would never be too late to assert the Philippines' claims in the West Philippine Sea because an international arbitral court had ruled in favor of Manila on the maritime row, Malacañang said Monday......»»

Category: newsSource:  philstarRelated NewsNov 5th, 2018

Palace: Military ‘intact’ despite Trillanes’ claims

MALACAÑANG said on Friday that the Philippine military will not have any weaknesses, amid the claim of Sen. Antonio Trillanes 4th that junior and senior military officers support him. This, a day after The Manila Times published an advertisement paid for by the Eagle Fraternal Chapter of the Philippine Military Academy Alumni Association, Inc. (PMAAAI)… link: Palace: Military ‘intact’ despite Trillanes’ claims.....»»

Category: newsSource:  manilainformerRelated NewsSep 14th, 2018

Palace: Military ‘intact’ despite Trillanes’ claims

MALACAÑANG said on Friday that the Philippine military will not have any weaknesses, amid the claim of Sen. Antonio Trillanes 4th that junior and senior military officers support him. This, a day after The Manila Times published an advertisement paid for by the Eagle Fraternal Chapter of the Philippine Military Academy Alumni Association, Inc. (PMAAAI) [...] The post Palace: Military ‘intact’ despite Trillanes’ claims appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 14th, 2018

PH Economy Continues to Grow Despite Inflation

Despite rising inflation, the Philippine economy is improving since the proportion of employed Filipinos also rose in July 2018, Malacañang said Tuesday. “Ang ekonomiya naman, bagama’t meron tayong problema sa inflation, ay talaga naman pong patuloy ang pag-unlad natin (Despite the problem of inflation, our economy continues to improve),” Presidential Spokesperson Harry Roque said in […].....»»

Category: newsSource:  metrocebuRelated NewsSep 12th, 2018

Gov’t still trying to recover Marcos ill-gotten wealth — Palace

The Philippine government is still pursuing efforts to recover the ill-gotten wealth amassed during the 20-year Marcos regime, Malacaang said on Wednesday. Presidential spokesman Harry Roque said efforts to recover the wealth are still ongoing through the Presidential Commission on Good Government (PCGG). "Efforts to recover any ill-gotten wealth continue through the Philippine Commission on Good Government," Roque said in a statement. "Likewise, human rights victims were given compensation through the Human Rights Victims' Claims Board. The government will continue to find ways and means to effect closure for all victims of abuses that occurred during that period of martial law...Keep on reading: Gov’t still trying to recover Marcos ill-gotten wealth — Palace.....»»

Category: newsSource:  inquirerRelated NewsAug 22nd, 2018

GDP, West Philippine Sea, Ginebra | Evening wRap

Today on Rappler: Malacañang says if the economy must suffer because of President Rodrigo Duterte's environmental protection policies such as the Boracay closure then so be it. The Palace also says the framework for joint development of resources in the West Philippine Sea between the Philippines and China may be finalized ........»»

Category: newsSource:  rapplerRelated NewsAug 10th, 2018

Palace allays federalism fears

MALACAÑANG yesterday allayed concerns that implementing federalism could wreck the country’s fiscal health and spell disaster for regions ill-prepared for the shift from the unitary type of government. “The shift to federalism, we reiterate, would have no adverse effect on the Philippine economy,” presidential spokesperson Harry Roque Jr. said. Roque….....»»

Category: newsSource:  journalRelated NewsJul 18th, 2018

Palace disputes Pernia: Federalism won& apos;t hurt the economy - Philippine Star

Palace disputes Pernia: Federalism won't hurt the economy - Philippine Star.....»»

Category: newsSource:  googlenewsRelated NewsJul 18th, 2018

AFP: No order from Palace to stop patrolling WSP

          The Armed Forces of the Philippines (AFP) said on Saturday that there was no order coming from President Rodrigo Duterte to stop patrolling the disputed West Philippine Sea.   The statement of AFP came after opposition lawmaker, Magdalo Rep. Gary Alejano, claimed that Duterte has ordered AFP to stop wasting their time in guarding the disputed area.   According to AFP Spokesperson Col. Edgard Arevalo, the claims of Alejano might be "another malicious imputation" against the President.   "I do not know where Cong. Alejano got that supposed instruction from the Commander-in-Chief," Arevalo said in a state...Keep on reading: AFP: No order from Palace to stop patrolling WSP.....»»

Category: newsSource:  inquirerRelated NewsJun 9th, 2018

Palace: Phl not taking soft stance on China

The Palace denied it is going soft on China amid reports of a resumption of build-up over disputed portions of the South China Sea (SCS) that foreign ministers of the Association of Southeast Asian Nations (Asean) have criticized. Presidential spokesman Harry Roque said the Philippines shares Asean leaders’ concern regarding China’s aggressive actions on what is said to be the world’s busiest waterways.The recently concluded Asean foreign and defense ministers in Singapore issued a statement that did not name China but said that “land reclamations and activities in the area . . . have eroded trust and confidence, increased tensions and may undermine peace, security and stability in the region.” The Asean ministers resolved to expedite the code of conduct (CoC) on how to negotiate with China regarding overlapping maritime claims.“Asean’s concern on the Chinese build-up is right because Asean, as a regional bloc, wants to adhere to discussions pertaining to the code of conduct,” Roque said.“We cannot be not joining the call because the Philippines is one of those concerned in this campaign,” he added.Roque also disputed views that Manila is not among those insistent in pressing Beijing to speed up the CoC drafting. “We are not being too soft (on China) but we have an established policy on that. Number one, of course, is we are one with Asean in recognizing that this is a concern for all Asean countries. Particularly that of the freedom of navigation in the West Philippine Sea,” Roque said.“Our common concern is peace security and stability in one of the world’s busiest sea lanes,” he added.During Manila’s hosting of the Asean last year, President Duterte did not cite the Permanent Court of Arbitration (PCA) ruling that nullified Beijing’s sweeping claim over nearly the entire South China Sea.It was the Philippine government that contested China’s nine-dash-line claim before the Hague court. China, however, refuses to recognize it.Apart from the Philippines, other Asean countries also have overlapping claims at the South China Sea including Vietnam, Malaysia and Brunei.Reclamation to continueChina in its known mouthpiece Global Times said Beijing is concentrating on civil and not military construction on islands in the South China Sea but insisted that the Chinese “will expand land reclamation.”“Most of the construction on islands in the South China Sea were completed in 2015 and the pace then slowed. Civilian facility construction is the major focus of the South China Sea islands building and the portion of defense deployment is relatively small,” Global Times quoted Chen Xiangmiao, a research fellow at the National Institute for the South China Sea.The size of some South China Sea islands will be further expanded in future through more dredging in the South China Sea region, Chen said.The relationship between China and other Southeast Asian countries, such as the Philippines, has becalmed in recent years, providing a golden opportunity for China to upgrade these areas, he said.China and the Philippines are enjoying good terms as President Rodrigo Duterte maintains a friendly policy toward China, Chen said. “But there is still some domestic pressure that urges Duterte to take a tough stance on China and the South China Sea issue,” Chen said.Foreign media like to hype China’s construction in the South China Sea as they try to make excuses to prevent China’s activities in this region, Zhuang Guotu, head of Xiamen University’s Southeast Asian Studies Center, told the Global Times.“China has the right to build whatever it needs within its territory,” Zhuang said.China’s military deployment in the South China Sea region was “not for military expansion,” but to defend its security and interests, he said.Zhuang and Chen warned the US is the biggest threat to stability in the South China Sea.“The US, Australia, Japan and other allies will constantly provoke China over this issue and that will incite other neighboring South China Sea countries to do the same,” Zhuang said.China’s construction projects in the region covered about 290,000 square meters in 2017, including new facilities for underground storage, administrative buildings and large radar, according to a report released in December on the website run by the National Marine Data and Information Service and People’s Daily Overseas edition. No foreign vessels at BenhamThe Armed Forces of the Philippines (AFP) has not monitored any foreign vessels at the Philippine Rise, formerly known as Benham Rise, during its latest patrol in the area. Lt. Col. Isagani Nato, AFP-Northern Luzon Command (Nolcom) spokesman, said that based on the latest patrol conducted by Nolcom troops, there was no presence of foreign ships at Philippine Rise.“As of now, we don’t have a report that there is presence (of foreign vessels) in Benham Rise,” said Nato.Earlier, Agriculture Secretary Emmanuel Piñol announced that President Duterte has banned foreign ships at the Philippine Rise and ordered the military to patrol the area.The announcement came following an uproar from government critics after the Duterte administration allowed the Chinese to conduct scientific research at the Philippine Rise.Nato, however, said that Nolcom is yet to receive official order regarding the matter.But Nato maintained that with or without the latest directive, Nolcom has regularly conducted air and maritime patrols along Philippine Rise.Apart from Nolcom, the Air Force and the Philippine Navy, Nato said that the Philippine Coast Guard, the Bureau of Fisheries and Aquatic Resources (BFAR) and the Philippine National Police-Maritime Group (PNP-MG) also conduct their own patrol in the area.He said the Nolcom uses air and naval assets of the Navy and the Air Force units under its jurisdiction.“We conduct our patrols regularly. It is a mandate of Nolcom forces so that is continuous with or without the directive from higher ups,” said Nato.According to Nato, Nolcom conducts three to four maritime and air patrol at Philippine Rise per month as part of the government efforts to secure the country’s maritime domain.ML ruling lauded, hitThe Supreme Court’s (SC) decision to uphold Mr. Duterte’s year-long martial law extension in Mindanao also drew mixed reactions.The High Court on Tuesday voted 10-5 junking militant groups’ petition and finding “sufficient factual basis” to extend martial law and suspend the privilege of wirt of habeas corpus in Mindanao until December 31, 2018.Roque welcomed the ruling saying that it affirms the need to continue protecting citizens from the threat of terrorist groups, primarily Islamic State (IS)-inspired fanatics.But for Left-leaning groups who petitioned the SC to lift martial law, the court decision opens up more crackdowns and human rights violations.The Palace official has insisted that human rights will be respected amid security operations.“The SC ruling underscores the unity of the whole government in its bid to defeat terrorism and prevent the spread in other parts of the country of DIWW and other like-minded local and foreign terrorist groups,” Roque said.“The majority of votes is a manifestation of confidence on law enforcement agencies that they shall, like they had been doing before, continue to protect our people, secure Mindanao, and pursue the bigger task of rehabilitation while upholding the rule of law, Human Rights, and International Humanitarian Law,” he added.Human rights watchdog Karapatan sees the contrary in the government’s motives, saying that the year-long military rule will boost attacks on the people.The continuous implementation of martial law in Mindanao will allow the unhampered massive rehabilitation in war-torn Marawi City and boost the security forces campaign to finish off the rebellion, the Department of National Defense (DND) said. In a statement, Defense Secretary Delfin Lorenzana said that the Supreme Court’s decision affirming the constitutionality of the one-year extension of martial law in Mindanao will definitely boost government efforts to rebuild Marawi City and address continuing rebellion.The defense chief welcomed the SC decision as a vote of confidence to the government security forces.“The DND – AFP is grateful for the trust and confidence of our public institutions and the support of the Filipino people,” said Lorenzana. Mario J. Mallari.....»»

Category: newsSource:  tribuneRelated NewsJun 7th, 2018

Palace hits EU interference anew in Philippine affairs

Malacañang yesterday scored the European Parliament for supposedly interfering with the affairs of the Philippines and rehashing “baseless” claims against President Duterte’s war on illegal drugs......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2018

Palace: ‘There’s much to look forward to next year’

The Palace is pleased by the latest Social Weather Station survey where 96 percent of respondents expressed optimism at the coming new year and said there was indeed much to look forward to in 2018.   Presidential spokesperson Harry Roque said there was reason for Filipinos to welcome 2018 because the Philippine economy was in an upswing.   "The prospects for the future thus look bright," Roque said, adding that increase tax collections, through Tax Reform for Acceleration and Inclusion Act, should accelerate the economy.   Continue to hope   An official of the Catholic Church also lauded Filipinos' more hopeful outlook for the new year. &nb...Keep on reading: Palace: ‘There’s much to look forward to next year’.....»»

Category: newsSource:  inquirerRelated NewsDec 31st, 2017

PH’s 6.9% economic growth in Q3 elates Palace

Malacaangon Thursdaywelcomed the 6.9 percent growth of the Philippine economy in the third quarter of 2017.   "That's good news," Presidential Spokesperson Harry Roque said in a Palace briefing.   The gross domestic product (GDP) grew 6.9% in the third quarter,exceeding the 6.7-percent growth in the second quarter and the 6.4 percent posted in the first quarter.     The growth, however, was slower than the7 percent growth in the third quarter of 2016 but still made the Philippines the second fastest-growing economy in Asia next to Vietnam.   Roque said the economic growth, fueled by business confidence in the country, could be attribute...Keep on reading: PH’s 6.9% economic growth in Q3 elates Palace.....»»

Category: newsSource:  inquirerRelated NewsNov 16th, 2017