(PAGASA 24-HOUR PUBLIC WEATHER FORECAST as of Sunday, 01 December 2024) Northeast Monsoon affecting Eastern section of Northern Luzon. Intertropical Convergence Zone (ITCZ) affecting Mindanao. 𝗙𝗒π—₯π—˜π—–π—”π—¦π—§ π—ͺπ—˜π—”π—§π—›π—˜π—₯ π—–π—’π—‘π——π—œπ—§π—œπ—’π—‘: Butuan City, Agusan del Norte, Agusan del Sur, Dinagat Islands, Surigao del Norte and Surigao del Sur will experience cloudy skies with scattered rainshowers and thunderstorms due to Intertropical Convergence Zone (ITCZ). Possible flash floods or landslides due to moderate to at times heavy rains. 𝗙𝗒π—₯π—˜π—–π—”π—¦π—§ π—ͺπ—œπ—‘π—— 𝗔𝗑𝗗 π—–π—’π—”π—¦π—§π—”π—Ÿ π—ͺπ—”π—§π—˜π—₯ π—–π—’π—‘π——π—œπ—§π—œπ—’π—‘: Light to moderate winds coming from Northeast will prevail with slight to moderate seas / (0.6 to 2.5 meters).


TOP STORIES – Monday, 7 August, 2023

TODAY’S TOP STORIES (from online and print media monitoring)

07 August 2023, Monday, as of 5:00 p.m.

 1. WEST PHL SEA INCIDENT

-Chinese fire water cannon at Philippine Coast Guard in disputed sea

-CCG: Philippine boats ‘illegally’ entered waters in South China Sea

- DFA, NSC demand end to China’s coercive, illegal activities in West PH Sea

-AFP, PCG to China” Restrain your forces

-Uproar as China Coast Guard fires water cannon at PH vessels near Ayungin Shoal

-DFA asserts rights over Ayungin Shoal; Canada, UK deplore China’s water cannon attack

-Senators condemn China's use of water cannons against Philippine vessels

-U.S. threatens MDT use

-US: Chinese acts a threat to peace, stability

-'Stop bullying us': Duterte ally Go hits China after water canon incident in West PH Sea

-President doesn’t appear to treat PH territory issues with importance — ACT solon

-Zubiri on water cannon attack: ‘China, ang hirap mong mahalin’

-Cayetano lists steps PH could take following water cannon attack by China

-China tells Philippines to remove grounded warship in South China Sea

[Rappler, Benar News, Daily Tribune, Manila Bulletin, Manila Standard, GMA News, ABS-CBN News, CNN Philippines, Manila Times, Manila Bulletin, Inquirer, PhilStar, BusinessMirrror]

https://www.rappler.com/nation/statements-united-states-canada-countries-china-illegal-use-water-cannons-against-filipino-vessel/

2. Marcos asserts PH sovereignty; DFA sends note to China on Ayungin Shoal encounter

-PH has filed 34 diplomatic protests against China in 2023 — DFA

-DFA summons Chinese envoy over water bombing of PH vessels

[Manila Bulletin, GMA News, ABS-CBN News, CNN Philippines, Inquirer, Daily Tribune, PhilStar, Manila Times]

https://mb.com.ph/2023/8/7/marcos-asserts-ph-sovereignty-amid-ayungin-shoal-encounter

3. Marcos mum on meeting with Duterte: There are things that need to remain confidential

- PBBM: Duterte China visit ‘not related’ to latest WPS tensions

[GMA News, CNN Philippines, Daily Tribune]

https://www.gmanetwork.com/news/topstories/nation/878100/marcos-mum-on-meeting-with-duterte-there-are-things-that-need-to-remain-confidential/story/?just_in

4. Bongbong Marcos after Falcon, Egay: Let’s get ready for climate change

[Inquirer, Manila Bulletin, ABS-CBN News, Daily Tribune, CNN Philippines]

https://newsinfo.inquirer.net/1813183/bongbong-marcos-after-falcon-egay-lets-get-ready-for-climate-change

5. Marcos declares October 'Communications Month'

[Philippine Daily Inquirer, Daily Tribune, The Philippine Star, BusinessMirror]

https://newsinfo.inquirer.net/1812873/bongbong-marcos-declares-october-as-communications-month

6. RICE SUPPLY

-'Don't worry, we have enough rice' – Marcos

-Marcos assures farmers: Gov’t won’t import rice if supply enough

-Rice prices seen to go up by P4/kilo

-PHL can secure rice supply via RPZs–solon

-Palay production down slightly in April-June

-El NiΓ±o's impact on rice exporter Vietnam 'worrisome': Remolona

-Romualdez: Vietnam promised PH affordable rice

-Keeping PH fed: More rice imports loom but at higher costs

[Daily Tribune, Manila Bulletin, Manila Standard, The Philippine Star, BusinessMirror, Manila Times, ABS-CBN News, BusinessMirror, Inquirer]

https://tribune.net.ph/2023/08/06/pbbm-assures-public-enough-rice-supply/

7. 2024 NATIONAL BUDGET

-Recto: 2024 budget needs P4B daily in borrowings

-Education gets P924.7B budget

[Philippine Daily Inquirer, BusinessMirror, Manila Bulletin, Manila Times, Pilipino Star Ngayon, CNN Philippines]

https://manilastandard.net/news/top-stories/314357848/recto-ph-to-borrow-p4b-daily-for-2024-budget.html

8. CONFIDENTIAL FUNDS

-Breast cancer foundation seeks portion of P10.1B confidential funds

- VP Duterte defends DepEd's P150-M confidential funds; cites nat’l security concerns

-DepEd defends P150-million confidential fund, cites illegal recruitment in schools

[Manila Bulletin, Inquirer, Manila Times, GMA News, ABS-CBN News]

https://newsinfo.inquirer.net/1813219/group-helping-cancer-patients-pleads-for-pinch-in-p10b-confidential-funds

9. Gov’t may extend anew lower tariffs on agri, coal

[Manila Bulletin, BusinessMirror, The Philippine Star, Daily Tribune]

https://www.philstar.com/business/2023/08/07/2286680/extension-lower-agricultural-tariffs-review

10. Gov’t to release P2.95 billion for PUV drivers as fuel prices soar

[Rappler, Manila Bulletin PhilStar]

https://www.rappler.com/business/dotr-fuel-subsidy-puv-drivers-july-2023/

11. CREDIT RATING

-PH eyes 'A' rating from debt watchers before Marcos term ends: Diokno

-DOF: ‘A’ credit rating would lower borrowing costs, boost investment

[ABS-CBN News, Daily Tribune, Manila Standard, GMA News]

https://news.abs-cbn.com/business/08/07/23/ph-eyes-a-rating-from-debt-watchers-before-marcos-term-ends

12. Another big-time fuel price hike set Tuesday; diesel up by P4/liter

[Manila Times, GMA News, ABS-CBN News, CNN Philippines, PhilStar, Inquirer, Daily Tribune]

https://www.gmanetwork.com/news/money/companies/878084/another-big-time-fuel-price-hike-set-tuesday-diesel-up-by-p4-liter/story/?just_in

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