Applied Economics Daily News Jeric Ryan A. Regalado ABM 12 4 November 21 , 2018 “Building ties of PH to China” According to news President Xin Jinping of China will help to the rehabilation of Marawi City and also he help of the Build Build Build program of President Duterte. He also starting Trade of the product to us. With this the investment to our country may rise and employment rate of our society will also rise. I realize that with this ties the poverty we experience will be the solution because many works will demand. November 22, 2018 “PH, Japan ink Php 18-B loan agreement for MRT-3 rehabiltion” Details: The government of the Philippines and Japan, through the Department of Finance (DOF) and the Japan International Cooperation Agency (JICA), officially signed the Php 28-billion loan agreement for the Metro Rail Transit 3(MRT-3) Rehabilitation Project. Explanation: With this agreement the rehabilitation of MRT 3 will help the commuters in Metro Manila will be become easy and the traffic in that are will be lessen. Reflection: We can move further and improve our economic growth by needing help to other country and make our country better. November 23, 2018 “Cavite Gateway Terminal opens on November 23, 2018” Details: The Cavite Gateway Terminal (CGT) the country’s first container barge port, will be inaugurated on Thursday (Nov. 23), the Department of Transportation (DOTr). Explanation: It will enable to efficient transport of cargo goods from Metro Manila going to Cavite and other port facilities in Luzon through the roll on, roll off(RoRo) operations. It is reduced truck trips in Metro Manila by 140,000 trips annually. Reflection: With this it can lessen the truck trip in our country which one who make’s traffic in Metro Manila. November 24, 2018 “Php 11-Billion new Bohol Airport opening November 27,2018” Details After 15 years in the drawing board and thrice re-scheduled launch dates this year, the country’s first eco-airport, the P11 billion Bohol Panglao International Airport(also known as New Bohol International Airport). Explanation: This Airport is the most convenient gateway to Panglao Island and the rest of mainland Bohol for domestic air travelers. It also part of Build Build Build program of administration. It was be held to the highest standards of green and sustainable structure which may improve our economic by tourism. Reflection: There is so many beneficiaries of build build build program of our administration which can help provinces and municipalities. Applied Economics Daily News Jeric Ryan A. Regalado ABM 12 4 November 25, 2018 “Pres. Duterte Memorandum Order No. 32” Details The deployment of more troops to parts of the Visayas and the Bicol region because of lawless violence of CPP- NPA was to protect the citizens of Philippines. Explanation: Many militaries encounter CPP-NPA in many different part of Visayas and Bicol Region so Pres. Duterde decided to deploy more troops of that region and this way the protection and the existence of that communist will be punished and stop. Reflection: I understand the decision of the President to protect his fellow people and the existence of the communist until now. Its should stop. November 26, 2018 “Mandatory National ID” Details Pres. Duterte is officially sign the Philippine Identification System Act which will issue the National ID of all Pilipino People and registered aliens in our country. Explanation In this act the national security of people will be secured and the transaction for every different agencies will be easy because of only one ID used. Reflection I think its very useful in our daily transaction using so many ID. In this way the problem of that transaction will be solve and become easy. November 27, 2018 “Pres. Duterte inaugurates ‘green gateway to the world’ airport in Panglao” Details President Dutere inaugurates the first green airport in our country the BoholPanglao International Airport. Its part Build Build Build program of Pres. Duterte. Explanation This Airport is the most convenient gateway to Panglao Island and the rest of mainland Bohol for domestic air travelers. It also part of Build Build Build program of administration. It was be held to the highest standards of green and sustainable structure which may improve our economic by tourism. Reflection There is so many beneficiaries of build build build program of our administration which can help provinces and municipalities. November 28, 2018 “Duterte Death Squad to be formed vs NPA” Details President Duterte will create an armed civilian group that he hopes will counter the New People’s Army(NPA)’s sparrow unit. Explanation In this decision of our President it will help to stop the abuse the rebel in farmers and other ordinary people. Reflection Because of this the war between the rebels in our country may stop. Applied Economics Daily News Jeric Ryan A. Regalado ABM 12 4 November 29, 2018 Details Infra spending up 50% in 10 months. Explanation Monthly expenditures on roads, schools buildings, health facilities surged 83.4% in November. Reflection In this way we can achieve the main goal of our government to attain the PDP 2017-2018. November 30, 2018 Details BSP ends rate hike streak as inflation eases. Explanation The central bank ended its most aggressive monetary policy tightening streak the economic turmoil of 2000 by keeping its key interest rates unchanged and end of the inflation crises. Reflection Finally the inflation rate of daily commodities will be decreased and the price of the good will become normal. December 01, 2018 Details Mitsubishi to export cars produced in Philippines by next year Explanation Mitsubishi Motors Philippines Corp. will star exporting locally produced vehicles to different parts of Southeast Asia next year. Reflection In this way the unemployment rate of our country may lessen because it is the beginning of exporting of our product to other country. December 02, 2018 Details Firm to spend P1.8B to build 5 new ferries Explanation The operator of FastCat ferry service is tapping a P1.8 billion loan to build new ships as part of a two year modernization drive. Reflection Its will help to our economy because its employ more works and the competition between ferries company will become competitive and they may help us. Applied Economics Daily News Jeric Ryan A. Regalado ABM 12 4 December 03 ,2018 Details November inflation slows to 6% Explanation Inflation eased to a four-month low of 6 percent in November as average consumer prices that month declined compared to levels in October. Reflection Based on my opinion the inflation of the product will continue to decreased. The fund of the Build Build Build of tour government is actually achive that projects. December 04 2018 Details Palace sees improved business, consumer confidence in coming months despite Q4 drop. Explanation Malacanang assured the public that the government was addressing the issues on inflation. Weakening peso and higher interest rates among other, which contributed to the decline in business confidence in the country. Reflection Based on my opinion the economic strategy of our government will help to us to lower the volume of sales and orders and lack of raw materials supply which we can used. December 05 2018 Details Japan offers air defense radar to the Philippines.\ Explanation Defense Secretary Delfin Lorenzana confirmed reports that Japan is selling its air defense radar technology to the Philippines. Reflection Based on my opinion in this way it can monitor aircraft and sea craft traversing, entering or leaving the Philippines territory. Its help us to be safe and secured. December 06 2018 Details PH growth 2nd fastest in Southeast Asia Explanation The Philippines is expected to become the second fastest growing economy in Southeast Asia after Vietnam over the next year according to Asian Development Bank (ADB) Reflection I think it is the first reason why TRAIN law build. More Tax that claims More infrastructure build and more employement. Applied Economics Daily News Jeric Ryan A. Regalado ABM 12 4 December 07 2018 Details ADB to support PH infra program thru more loans Explanation Manila-based lender Asian Development Bank( ADB) vowed to increase funding to the Philippines in support of the government’s infrastructure program. Reflection In this case many good effect happen in our country. More infrastructure build more employment which increase the economic growth and help our family and loves to sustain daily needs. December 08 2018 Details PH growth to resume in 2019 : ADB Explanation The Asian Development Bank ( ADB ) expects Philippines economic growth to pick up next year amid the tapering off of inflationary pressures and the government’s infrastructure push. Reflection I think the inflation affect the economic growth of our country. The more the inflation, increase the economic growth. December 09 2018 Details Public , private sectors commit to improve PH logistics sector. Explanation Both the puclic and pricate sectors have made commitment to improve the logistics sector in the country, aiming to make the logistics services more efficient and to contribute more to job creation and to the economy. Reflection I think in this commitment the more jobs and the unemployment rate will be decrease it also build a strong ties between to sectors, December 10 , 2018 Details Diokno raises possibility of special session for 2019 budget. Explanation Budget secretary Diokno requesting or a special session with lawmakers to discuss the passage of the proposed Php 3.757 trillion national budget for 2019. Reflection I think jobs will also be affected in this budget like contruction, public administration and defense, wholesale and retail trade and land transport and education. Applied Economics Daily News Jeric Ryan A. Regalado ABM 12 4 December 11 2018 Details PH, EU sign horizontal Aviation Agreement Explanation The Philippines and the Europian Union have signed the PH-EU Aviation Agreement during a ceremony held at the Justus Lipsius Bulding in Brussels. Reflection In this way the nationality restrictions in bilateral air services removed and harmonize standards and provision between 2 states. December 12 2018 Details PH still monitoring global dev’t for bond issuance. Explanation The Philippine government is still on a wait and see stance vis-à-vis its planned US dollar bond sale which it target to issue this quarter. Reflection In this way the sales which based in US dollars will increase. December 13, 2018 Details 26 Japanese SMEs looking for PH partners. Explanation A business delegation from Japan is coming to visit next week for a business matching program with Filipino companies. Reflection I think in this partnership will make more jobs and the investment of its owners will corresponding tax that will our country to go further. December 14, 2018 Details BOI foreign investment approvals up 156%. Explanation The Board of Investment (BOI) approved Php 39.3 billion worth of projects from foreign sources. Reflection Its will help to our economy because its employ more works and the competition between company will become competitive and they may help us.
