News Update As of July 31, 2017
(Monday) 1. Manila Bulletin
Foreign debt service down 2.43 percent
The country’s external debt service burden dipped to $2.77 billion as of end-April, 2.43 percent lower compared to the same period last year of $2.84 billion as both government and private sector continue to have sufficient foreign exchange to pay for maturing loans.
http://business.mb.com.ph/2017/07/30/foreign-debt-service-down-2-43-percent/
2. Philippine Star
Ozamiz mayor, 14 others killed in police raids
Ozamiz City Mayor Reynaldo Parojinog Sr., the man tagged in Kuratong Baleleng-led crimes,
smuggling and drug trafficking, met a violent death before dawn yesterday as police conducted a series of raids on the family’s homes.
http://www.philstar.com/headlines/2017/07/31/1723186/ozamiz-mayor-14-others-killed-police-raids 3. Daily Inquirer
‘China can’t hire its nationals for projects in PH’
Even if China grants the Philippines enormous loans to ramp up infrastructure development, the law still prohibits the hiring of foreign construction workers, according to the head of President Rodrigo
Duterte’s economic team
http://globalnation.inquirer.net/159196/china-cant-hire-nationals-projects-ph#ixzz4oNWEQDOh 4. Manila Times
AFP validating report Abdullah Maute dead
The Armed Forces of the Philippines (AFP) is validating reports from the battleground in Marawi City that a key leader of the Islamic State-linked Maute Group was killed by soldiers.
http://www.manilatimes.net/afp-validating-report-abdullah-maute-dead/341584/
