Filipinos in South Korea

Immigration Lookout for De Lima, Baraan, Bucayu, Villasanta, Dayan, Sanchez, Adricula and Cristobal issued

Sec. Aguirre says Sen. De Lima pocketed billions. Photo: CNN Philippines

DOJ issues immigration lookout bulletin for De Lima, 8 others

The Department of Justice (DOJ) issued an Immigration Lookout Bulletin Order (ILBO) against Sen. Leila De Lima and five other persons for their alleged involvement in the New Bilibid Prison's (NBP) illegal drug trade. The lookout order prevents them from leaving the country without corresponding travel authority from their heads of offices.

Those covered in the ILBO include De Lima, former DOJ Undersecretary Francisco Baraan III, former Bureau of Corrections Chief Franklin Jesus Bucayu, former Presidential Anti-Organized Crime Commission Director Reginald Villasanta, and De Lima's former aides, Ronnie Dayan and Joenel Sanchez. On Monday, the NBI added Mark Noemin Adricula, Warren Cristobal, and Jose Adrian Dera to the list.

In a memorandum addressed to the Bureau of Immigration dated October 7, Friday, DOJ Secretary Vitaliano Aguirre II instructed immigration officers to "be on the lookout for" and to quickly relay to the DOJ, NBI, and Office of the Security information about the named individuals. Those subject to an ILBO can still leave the country, but require travel authorization from their heads of offices.

"Considering the gravity of the possible commission of any offense, there is a strong possibility that they may attempt to place themselves beyond the reach of the legal processes of this Department by leaving the country," the memorandum said. "We thus deem the issuance of an ILBO against the subject persons prudent in order to at least monitor the itineraries of their flight, travel, and/or whereabouts."

De Lima questioned the basis of the ILBO since no charges were filed against her. However, she added that she has no international engagements and no intentions of leaving the country soon.

"Huwag ho kayong mag-alala dahil wala po akong kabalak-balak na umalis ng Pilipinas para iwasan yung ihahain niyo sa akin na mga kaso," she said on Monday. "Inosente po ako. Ang guilty lang po ang tumatakas."

[Translation: You don't have to worry since I have no plans of leaving the Philippines to avoid the cases. I am innocent. Only the guilty try to escape.] – CNN Philippines

HSBC upgraded Philippine Economic Growth Forecast 6.3 - 6.5 Percent

HSBC hikes anew Philippine growth forecast to 6.5%

The Hongkong and Shanghai Banking Corp. Ltd. raised anew the country’s economic growth forecast as the Philippines continued to stand out as one of the strongest performers in Asia.

In its latest Asian Economics report for the fourth quarter, HSBC economist Joseph Incalcaterra said the country’s gross domestic product (GDP) growth projection has been revised upwards to 6.5 percent instead of 6.3 percent this year due to the stronger-than-expected expansion in the first half.

The country’s GDP growth accelerated to seven percent in the second quarter of the year from 6.8 percent in the first quarter amid the strong boost from election related spending.

This brought the GDP expansion in the Philippines to 6.9 percent in the first half from 5.5 percent in the same period last year.

“The Philippines continues to stand out as one of Asia’s strongest performers. Following the strong outturn of growth in the first half of 2016, we recently raised our full-year forecast from 6.3 percent to 6.5 percent,” he said.

The bank sees the country’s GDP growth easing to 6.4 percent in the third quarter and to six percent in the fourth quarter.

“Although growth will moderate in year-on-year terms through the second half as the impact from the elections and budget front-loading wears off, overall domestic demand will nonetheless remain resilient as government spending continues to fuel growth,” Incalcaterra said.

Likewise, HSBC retained the GDP growth forecasts for 2017 and 2018 at 6.3 percent and 6.4 percent, respectively.

“This isn’t to say there aren’t challenges to growth. After all, exports have been contracting rather sharply as of late – while imports of capital equipment surged – and the trend growth of remittances has also moderated to approximately 3.5 percent,” he said.

Latest data from the Bangko Sentral ng Pilipinas (BSP) showed cash remittances contracted 5.4 percent in July, bringing down the growth in the amount of money sent home by Filipinos abroad to three percent in the first seven months of the year.

Authorities believe the growth in receipts from the business process outsourcing (BPO) as well as tourism sectors would cushion the slowdown in the cash remittances.

“While remittances may not provide the same boost to consumption as before, we think that the improvement in domestic employment opportunities, mostly from construction, BPO and tourism, are more than able to offset the effect for now,” he said.

The economist noted long-term issued such as the structural trade deficit as well as the not too bright outlook for manufacturing exports outside of electronics.

He pointed out the Philippines would remain highly vulnerable to weather trends with the onset of La Niña after the bout with El Niño. - philSTAR

Malaysian Terrorist Mohamas Amin Captured - Bombing Plans in Manila Condo Mall Revealed

Filipino soldiers stand guard next to a poster of Philippine President Rodrigo Duterte.PHOTO: EPA

Philippines thwarts terror attack with arrest of Malaysian bomb expert planning strike in Manila

The Philippine National Police (PNP) has thwarted an attempt by a terrorist bomb expert to stage bombing attacks right in the heart of Manila.

Malaysian terrorist Mohamas Amin, who had a 600,000 Philippine peso (S$17,020) bounty on his head, was presented in a press briefing by Chief Supt Roel Obusan, acting director of the PNP-Criminal Investigation and Detection Group (CIDG) on Monday (Oct 10).

Amin was arrested at 4am on Saturday (Oct 8) by joint operatives from the Anti-Transnational Crimes Unit (ATCU) of the CIDG and the PNP Intelligence Group during a raid in Quezon City.

Also arrested were Bilal Taalam, the owner of the house where Amin was staying, and Adnan Malangkis. Eight other tenants in the house were also being investigated.

The CIDG believed all three had links with the Abu Sayyaf Group in Sulu. A fragmentation grenade, several rounds of ammunition, various identification cards, a blue print of a condo mall in Quezon City and a cellular phone were recovered during the raid.

Chief Supt Obusan said that aside from the documents, the results of the police interrogation on the suspects further strengthened their belief about Amin's plot to stage bombing attacks in Manila.

"Our operatives confiscated a blue print of a building, a condo mall (in Quezon City), so it's surprising that they are doing some casing on the area," Chief Supt Obusan said, refusing to name the condo mall to avoid panic.

Amin, who also goes by the names Asman, Akman Amin and Amin Aklam, is a bomb expert and is a subject of an arrest warrant for a murder case filed at the Regional Trial Court (RTC) in Jolo, Sulu.

Other Abu Sayyaf members are also facing the same charges in the same court. Amin and Malangkis were subjected to inquest proceedings for violations of the Comprehensive Firearms and Ammunition Regulation Act and Illegal Possession of Explosives Act before the Quezon City Regional Trial Court.

Amin will also be charged with violations of Article 78 of the Revised Penal Code for concealing his true identity. On the other hand, Taalam was charged with obstruction of justice and harbouring a fugitive or wanted person.

Chief Supt Obusan said Amin had an alliance with the three suspected suppliers of arms to Abu Sayyaf and other political warlords in Zambasulta (Zamboanga, Basilan, Sulu, Tawi-Tawi ) areas. They were Hja Risdimona Isa, Aljamer Akarab Mandin and Hurbin Sahibul, who were arrested in West Crame, San Juan City, last month. – Strait Times

Investment Recommendation: Bitcoin Investments

Live trading with Bitcoin through SimpleFX Trading platform would allow you to grow your $100 to $1,000 Dollars or more in just a day. Just learn how to trade and enjoy the windfall of profits. Take note, Bitcoin is more expensive than Gold now.


Where to buy Bitcoins?

For Philippine customers: You could buy Bitcoin Online at Coins.ph
For outside the Philippines customers  may buy Bitcoins online at Coinbase.com