Have a good day. Here are the articles from the Manila Times for Friday, September 23, 2022.
READ: CPP, NPA not terrorist groups
The Communist Party of the Philippines (CPP) and its armed wing, the New People’s Army (NPA), are not terrorist organizations, a Manila magistrate’s court has ruled. Branch 19 of the Manila Regional Magistrate’s Court issued the decision last Wednesday denying a motion by the Department of Justice (DoJ) on February 21, 2018, to declare the CPP-NPA a terrorist organization. The DoJ filed the petition under Section 17 of the Human Security Act (HSA) of 2007, which requires a decision from a regional trial court before an organization can be officially labeled a terrorist.
READ: BBM seeks partnership with US investors
President Ferdinand “Bongbong” Marcos Jr. on Wednesday called for partnerships with U.S. investors to accelerate the Philippines’ recovery from the coronavirus pandemic. In his remarks during a dialogue with members of the American Association of Southeast Asian Nations (ASEAN) Business Council and the American Chamber of Commerce here, Marcos expressed hope that the Philippines and US investors would be able to “find ways to partner.”
READ: PH, Japan to strengthen relations
President Ferdinand “Bongbong” Marcos Jr. and Japanese Prime Minister Fumio Kishida have agreed to intensify their relationship in the face of challenges to the regional security and economic landscape. Marcos and Kishida reaffirmed their commitment during their bilateral meeting on the sidelines of the United Nations General Assembly in New York.
READ: SC asked to cancel transfer of Malampaya shares
FORMER Executive Secretary and Manila Times columnist Ruben Torres has asked the Supreme Court to overturn the transfer of Malampaya Project shares by Chevron Philippines Ltd. at UC Malampaya Philippines Pte Ltd. UC Malampaya is a subsidiary of Udenna Corp. whose majority shareholder is business tycoon Dennis Uy, a strong supporter of former President Rodrigo Duterte. The controversial transfer has been the subject of Senate investigations. A statement from the Torres camp said the Malampaya project marked the start of the natural gas industry in the country and is one of its largest industrial ventures, generating revenues of over $12 billion.
READ: Mandatory mask wearing in schools
THE Department of Education (DepEd) and the Higher Education Commission (CHEd) have said face masks should be worn by learners, teachers or faculty members and other school staff in schools. classrooms, laboratories and other classrooms to mitigate the transmission of Covid-19. Guidance is contained separately in DepEd Order 41 and CHEd Memo 9. However, the wearing of face masks is voluntary in open spaces and outdoor areas where physical distancing can be observed, per Executive Order 3 signed by President Ferdinand” Bongbong” Marcos Jr.
READ: Pork prices rise by 20 P/kilo
PORK prices are expected to increase by at least 20 pesos per kilo as demand for the product increases and as a result of the effect of African Swine Fever (ASF), Agriculture Sector Alliance Party List of Philippines, Inc. (Agap) Rep. Nicanor Briones said. Briones said the farm gate price for pork ranges from 180 to 185 pesos per kilo. Based on the Department of Agriculture (DA) daily monitoring on Thursday, the retail price of fresh pork kasim ranges from P275 to P350 per kilo and pork liempo from P320 to P390 per kilo. The cost of frozen imported pork kasim is less than 240-245 pesos per kilo, while the price of frozen imported liempo is between 270-280 pesos per kilo.
BUSINESS: the peso falls to a new all-time low of 58.49 P against USD
On the business side, the Philippine peso fell to a new high against the US dollar for the third day in a row after closing at 58.49 pesos on Thursday. The local currency lost 49 centavos against the US dollar from Wednesday’s P58: $1 after opening at P58.1 and traded between P58.0 and P58.5. Thursday’s volume also hit $1.51481 billion, higher than the previous session’s $1.05115 billion. It is also the ninth record closing rate for the US dollar/peso exchange rate since the start of this year. Since the beginning of 2022, the peso has depreciated by 7.491 pula, or 14.7%, compared to 50.999 pula at the end of 2021. The local currency fell again to a new all-time low against the greenback after the US Federal Reserve (Fed) announced another significant interest rate hike of 75 basis points for the third consecutive time.
SPORTS: Coach Guiao takes on former NLEX team
Leading the sports for the first time in six years, multi-title head coach Yeng Guiao will take on his former team NLEX as he makes his first coaching stint this year with Rain or Shine, the team that he left for the Road Warriors in 2016. It’s 5:45 p.m. today, September 23, in the PBA Commissioner’s Cup at the PhilSports Arena in Pasig City. Guiao led the Elasto Painters to two PBA championships in the 2012 Governors Cup and 2016 Commissioners Cup before leaving the team to manage the Road Warriors. With Guiao on the bench, NLEX became a permanent playoff contender but failed to capture the crown. Now he returns to Rain or Shine with few familiar faces on the team. Only Gabe Norwood, Beau Belga, and Jewel Ponferrada remained among the Rain or Shine championship teams he had coached.
READ: Opinion and Editorial
Rigoberto Tiglao and Stephen CuUnjieng are today’s front-page columnists. Tiglao lashes out at a fellow Times columnist over fictional opinion pieces, while CuUnjieng talks about a new nuclear power.
Today’s editorial addresses recent issues surrounding Filipino basketball. Read the full version in the opinion section of the newspaper or listen to the Voice of the Times.
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For The Manila Times, it is Kim Isabelle Dignadice.