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BSP sees 2.7-3.5% inflation for April

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OVER 30,000 AFFECTED AS CEBU PACIFIC CANCELS MORE FLIGHTS

Mounting frustrations T

HOUSANDS of passengers have seen their travel plans DISRUPTED AFTER BUDGET CARRIER #EBU 0ACIkC  CITING A CONlUENCEOFFACTORSSUCHASAIRPORTTRAFkCANDANAIRCRAFT SHORTAGE ANNOUNCEDFRESHlIGHTCANCELLATIONSEXTENDINGUP TONEXTWEEK

“We’ve never done this before,� spokesman Chao Logarta-Lagamon told The Manila Times after the airline announced that a wave of cancellations beginning Sunday would continue to May 10. The disruptions that began last Friday could extend past that as Cebu Pacific also said it was “currently reviewing adjustments required for June and beyond.�

Regulators warned that the Gokongwei-owned carrier could be penalized, and frustrated passengers took to social media to air their complaints. Logarta-Lagamon blamed the “unplanned disruptions� on “unscheduled technical concerns that prompted repair work� on needed aircraft, noting that one in particular had suffered a bird strike.

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BUSINESS UNUSUAL Queues can still be seen at the Cebu Pacific counter at the Ninoy Aquino International Airport on Tuesday, days after the airline cancelled dozens of flights. PHOTO BY J. GERARD SEGUIA

End of an era: Japan’s emperor abdicates

QImage of search results from AID website. ‘DoS’ means US Department of State.

US govt funding for anti-Duterte media: P74M Rappler - P180M from ‘private’ entities

END OF HIS REIGN Japan’s Emperor Akihito (left) delivers his speech as Empress Michiko (second left), Crown Prince Naruhito (third from left) attend the abdication ceremony at the Imperial Palace in Tokyo on April 30. AFP PHOTO

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HE four internetonly media firms that have been stridently critical of President Duterte’s administration have received at least P74 million in funds from the US government, through its US Agency for International Development (AID). The AID is the US federal agency that extends development aid throughout the world, not because of charity, but as a means of advancing its geopolitical interests. ³TiglaoA5

RRIGOBERTO IGG DD. TIGLAO

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S&P upgrades PH credit status to BBB+ S&P Global Ratings has raised the Philippines’ credit rating to “BBB+,� putting the country two notches above minimum investment grade. In a statement, the debt watcher said THE UPGRADE RElECTED gTHE 0HILIPPINES strong economic growth trajectory,

What’s inside RULE ON MERALCO BILL DEPOSITS, COURT URGED NewsA2 SIXERS DOWN RAPTORS TO LEVEL SERIES, NUGGETS BEAT BLAZERS SportsC1

LIMITED WATER SUPPLY IN METRO MANILA, CAVITE NewsA8

which we expect to continue to drive constructive development outcomes and underpin broader credit metrics over the medium term.� “The rating is also supported by solid GOVERNMENT kSCAL ACCOUNTS  LOW PUBLIC indebtedness, and the economy’s sound

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external settings,� it added. S&P, however, stressed the importance of infrastructure development to sustain the economy’s expansion. “[W]e continue to view as imperative the closure of infrastructure gaps and improvements in the business climate

through greater political stability and regulatory reforms,� it said. The debt watcher also noted that the deLAYINTHENATIONALBUDGETWOULDLEAD TOALOWER THAN PROGRAMMEDkSCALDEkCIT as government agencies were expected to

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Villar, Poe share lead in Pulse Asia survey REELECTIONIST Senators Cynthia Villar and Mary Grace Poe share the lead in the May Senate race with Sen. Paolo Benigno “Bam� Aquino 4th and Sen. Joseph Victor “JV� Ejercito also making it to list of possible winners, a fresh Pulse Asia survey showed on Tuesday.

Poll results showed that 51.7 percent of the respondents would vote for Villar, with Poe just behind at 50.5 percent. Villar, a close ally of President Rodrigo Duterte, was previously second in a March survey that Poe led.

With a voter preference of 45.7 percent, former senator Manuel “Lito� Lapid secured third to fourth places, UP FROM kFTH TO EIGHTH PLACES IN THE previous survey. Taguig City Rep. Pia Cayetano secured

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Lawmakers push P600 national minimum wage REACH US AT: E-mail:

IS EVERYTHING

TOKYO: Emperor Akihito of Japan formally stepped down on Tuesday, the kRST ABDICATION FOR  YEARS IN THE world’s oldest monarchy, as his son Naruhito prepared to take the Chrysanthemum Throne and usher in a new imperial era. In the “Room of Pine� in Tokyo’s Imperial Palace, the popular 85-yearold performed the abdication ritual in the presence of the imperial regalia — an ancient sword and sacred jewel. Dressed in a Western-style morning coat, Akihito stood on a small stage before an invited audience and members of the royal family and offered his “deepest heartfelt gratitude to the people of Japan.� He said he would “pray for the peace and happiness of all the people in Japan and around the world.� Empress Michiko stood by his side in a white and silver gown and the OUTGOINGEMPERORPAUSEDBRIElYAFTER exiting the stage, to help his wife of 60 years down the steps. Prime Minister Shinzo Abe praised

newsdesk@ manilatimes.net Tel. Nos.: 524-5664 to 67 Address: 2/F Sitio Grande, 409 A. Soriano Avenue, Intramuros, Manila 1002

AS the country celebrates Labor Day, lawmakers stressed the need to raise the minimum wage and end contractualization among other incentives for workers across all regions. Kabayan party-list Rep. Ron Salo said a nationwide minimum daily wage of P600 — proposed in House Bill (HB)  ‡ SHOULD BE ADOPTED as the current system of setting minimum wage rates by region was “unfair,� especially

to workers in the countryside. He added the disparity between minimum wage earners was one of the primary reasons why people flock to the cities, particularly Metro Manila. In contrast, government employees were paid equally regardless of their area of assignment, whether they were in Metro Manila or in the FAR lUNGPROVINCES 3ALOSAID “What makes the difference

in the pay among our government employees is the degree of responsibility and functions assigned to the employee, not the place of assignment. And yet, for our workers in the private sector, their minimum wages are simply determined by the place or area where they work,� he added. 3ALOS ("  SEEKS A P600-national minimum wage and mandates the National

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Profile for The Manila Times

THE MANILA TIMES | MAY 01, 2019  

The Manila Times is one of the leading national broadsheets in the Philippines. It is also one of the oldest, having been founded in 1898.

THE MANILA TIMES | MAY 01, 2019  

The Manila Times is one of the leading national broadsheets in the Philippines. It is also one of the oldest, having been founded in 1898.

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