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THE Philippine Economic Zone Authority (Peza) has approved a total of P14.951 billion worth of investments in the first quarter of 2024.At a media forum on Saturday, March 16, 2024, Peza Director General Tereso Panga said there was a 19.25 percent increase in the amount of approved investments for the first three months of the year compared to the same period in 2023, which amounted to P12.537 billion.In March alone, approved investments totaled P2.845 billion, marking a 21.8 percent increase compared to March 2023, which stood at P2.343 billionPanga also said that half of these investments resulted from the foreign trips of President Ferdinand Marcos Jr.He noted that the foreign trips of the President have attracted more investments, with the latest from Germany and the Czech Republic. He said that based on Peza’s running of figures, it could easily be at 43 percent of its P175.7 billion, or roughly P75 billion.Panga said the country achieved a 25 percent increase in investment rate or P175.7 billion in 2023, from a P140.7 billion base figure in 2022.Panga said all Peza’s current indicators are up for exports and employment, manifesting the Philippines’ upward trajectory for 2024, which is something that is expected for the year and onwards because of its excellent gross domestic product (GDP) performance since 2022.“The Philippines happens to have the highest GDP growth rate in ASEAN since ’22 po – for three years in a row now. That makes the Philippines one of the best-performing economies in the region,” he said.Panga also noted the country’s recovery from the Covid-19 pandemic, which accelerated during the second half of the Marcos administration, resulting in a 103 percent increase in investments.Peza, which was created in 1995, is the government agency designating areas all over the Philippines as economic zones.Peza has 422 operating economic zones covering manufacturing, agri-industrial, tourism, Information Technology and Business Process Management (IT-BPM), with all of the operating economic zones becoming home to more than 4,300 export-oriented locator companies.Peza is a big contributor to the economy -- almost 17 percent of the country’s GDP -- the Peza official said, noting more than 50 to 60 percent of the country’s total exports of goods and services come from the locators alone. (TPM/SunStar Philippines) The Most Popular Sports in the Philippines Philippines FORMER Cebu City mayor Tomas “Tommy” Osmeña has challenged the Cebu Provincial Government’s ownership of the lot along Osmeña Blvd. where the Cebu Bus Rapid Transit (CBRT) project is being implemented.During a press conference on Tuesday, March 5, 2024, he warned that if this fiasco continues, he will be forced to exercise his rights and reclaim the ownership of Osmeña Blvd., which had been donated by his late father Sergio “Serging” Osmeña Jr.Osmeña said Osmeña Blvd., which the CBRT traverses, and its surrounding premises used to belong to Cebu Heights Inc.He said his father was its president and principal stockholder.“My father gave the Province properties, in exchange for other properties, which my father did not get. Technically speaking, the deal was not valid,” Osmeña said.However, the Provincial Government under the administration of Gov. Gwendolyn Garcia earlier insisted that it owns portions of Osmeña Blvd. “We will see each other in court,” Osmeña said, referring to the Province’s claims.“It’s all part of the Cebu Heights (Inc.) and it’s owned 100 percent by my father. Even the part of the Fuente Osmeña (Circle) is owned by my father. I even have the title for it,” he said.If the Provincial Government insists on stopping the CBRT project citing its ownership of the lot, Osmeña said he will reclaim the property.Administrative Order 253Then President Carlos Garcia signed Administrative Order 253 on Oct. 7, 1957, where he exonerated Serging, who was then governor, and three others for dishonesty and grave misconduct in office allegedly committed in connection with the execution of a deed of exchange involving certain parcels of land by and between the Province and Cebu Heights.Garcia then withheld action on the deed of exchange executed in November 1954.The exchange involved three big lots of the Province and 14 smaller lots of Cebu Heights, which formed part of two national roads in Cebu City.Meanwhile, the former mayor reacted negatively to the two resolutions passed by the Provincial Board (PB) on Monday demanding the stoppage of the CBRT implementation, and the Feb. 21 motion of the Cebu City Council, pushed by City Councilor James Anthony Cuenco, which called for the suspension of scheduled civil works for CBRT Packages 2 and 3.He said the National Government will not heed the call of the PB and City Council to halt the project’s civil works.He said both PB and the council have “no teeth” to stop the project.Osmeña said stopping the project will not solve the problem, but only worsen it.The CBRT was Osmeña’s brainchild. He had pushed for it when he was still mayor and then congressman.During the press con, he said he envisioned the CBRT to alleviate the commuting woes of residents in Barangay Talamban and Bulacao going to and from the downtown area, citing that a dedicated bus lane will be beneficial to Cebuanos who cannot acquire motor vehicles.Discussions on the proposed BRT system started during his term.In 1997, Osmeña visited Curitiba, Brazil, where the first BRT was implemented in 1974.Possible repercussionsIn 2008, the Asian Development Bank, World Bank and Overseas Economic Cooperation Fund of Japan approved the project’s pre-feasibility study, according to Osmeña.He said stopping the CBRT may result in a negative credit rating for the Philippine Government in terms of foreign financing and funding agreements with international financial institutions.“The Philippine Government will never have an international bilateral agreement because if you do that you will be blacklisted from all donors and donations around the world,” Osmeña said. “They will not spoil their international credit rating just because Councilor Cuenco and some crazy Provincial Board members start ego tripping and say we should stop CBRT.”He pointed out that the CBRT was funded not only by the World Bank but also by the French Development Agency and the Philippine Government.The CBRT took 20 years to get off the ground.The entire CBRT system is composed of three packages:Package 1 consists of a 2.38-kilometer segregated bus lane with four bus stations and 1.15 kilometers of pedestrian improvements from the Cebu South Bus Terminal to the Capitol building.Package 2 features a 10.8-kilometer segregated bus lane with 13 bus stations, including a bus terminal at the South Road Properties, a roundabout facility in Cebu IT Park, and a depot in SRP.Package 3 includes the construction of a 22.1-kilometer feeder route, with 76 bus stops including feeder terminals in Barangay Talamban in Cebu City and in Talisay City. / EHP

FORMER Cebu City mayor Tomas “Tommy” Osmeña has challenged the Cebu Provincial Government’s ownership of the lot along Osmeña Blvd. where the Cebu Bus Rapid Transit (CBRT) project is being implemented.During a press conference on Tuesday, March 5, 2024, he warned that if this fiasco continues, he will be forced to exercise his rights and reclaim the ownership of Osmeña Blvd., which had been donated by his late father Sergio “Serging” Osmeña Jr.Osmeña said Osmeña Blvd., which the CBRT traverses, and its surrounding premises used to belong to Cebu Heights Inc.He said his father was its president and principal stockholder.“My father gave the Province properties, in exchange for other properties, which my father did not get. Technically speaking, the deal was not valid,” Osmeña said.However, the Provincial Government under the administration of Gov. Gwendolyn Garcia earlier insisted that it owns portions of Osmeña Blvd. “We will see each other in court,” Osmeña said, referring to the Province’s claims.“It’s all part of the Cebu Heights (Inc.) and it’s owned 100 percent by my father. Even the part of the Fuente Osmeña (Circle) is owned by my father. I even have the title for it,” he said.If the Provincial Government insists on stopping the CBRT project citing its ownership of the lot, Osmeña said he will reclaim the property.Administrative Order 253Then President Carlos Garcia signed Administrative Order 253 on Oct. 7, 1957, where he exonerated Serging, who was then governor, and three others for dishonesty and grave misconduct in office allegedly committed in connection with the execution of a deed of exchange involving certain parcels of land by and between the Province and Cebu Heights.Garcia then withheld action on the deed of exchange executed in November 1954.The exchange involved three big lots of the Province and 14 smaller lots of Cebu Heights, which formed part of two national roads in Cebu City.Meanwhile, the former mayor reacted negatively to the two resolutions passed by the Provincial Board (PB) on Monday demanding the stoppage of the CBRT implementation, and the Feb. 21 motion of the Cebu City Council, pushed by City Councilor James Anthony Cuenco, which called for the suspension of scheduled civil works for CBRT Packages 2 and 3.He said the National Government will not heed the call of the PB and City Council to halt the project’s civil works.He said both PB and the council have “no teeth” to stop the project.Osmeña said stopping the project will not solve the problem, but only worsen it.The CBRT was Osmeña’s brainchild. He had pushed for it when he was still mayor and then congressman.During the press con, he said he envisioned the CBRT to alleviate the commuting woes of residents in Barangay Talamban and Bulacao going to and from the downtown area, citing that a dedicated bus lane will be beneficial to Cebuanos who cannot acquire motor vehicles.Discussions on the proposed BRT system started during his term.In 1997, Osmeña visited Curitiba, Brazil, where the first BRT was implemented in 1974.Possible repercussionsIn 2008, the Asian Development Bank, World Bank and Overseas Economic Cooperation Fund of Japan approved the project’s pre-feasibility study, according to Osmeña.He said stopping the CBRT may result in a negative credit rating for the Philippine Government in terms of foreign financing and funding agreements with international financial institutions.“The Philippine Government will never have an international bilateral agreement because if you do that you will be blacklisted from all donors and donations around the world,” Osmeña said. “They will not spoil their international credit rating just because Councilor Cuenco and some crazy Provincial Board members start ego tripping and say we should stop CBRT.”He pointed out that the CBRT was funded not only by the World Bank but also by the French Development Agency and the Philippine Government.The CBRT took 20 years to get off the ground.The entire CBRT system is composed of three packages:Package 1 consists of a 2.38-kilometer segregated bus lane with four bus stations and 1.15 kilometers of pedestrian improvements from the Cebu South Bus Terminal to the Capitol building.Package 2 features a 10.8-kilometer segregated bus lane with 13 bus stations, including a bus terminal at the South Road Properties, a roundabout facility in Cebu IT Park, and a depot in SRP.Package 3 includes the construction of a 22.1-kilometer feeder route, with 76 bus stops including feeder terminals in Barangay Talamban in Cebu City and in Talisay City. / EHP Is there a game that pays real money? ALTHOUGH the construction of the Cebu Bus Rapid Transit (CBRT) project’s “Link to the Port” feature has yet to begin, several motorists and officials are already anticipating its negative effects on the traffic in the downtown area.The feature, according to CBRT project manager Norvin Imbong, will start at the intersection of P. del Rosario St./N. Bacalso Ave. and Osmeña Blvd. to M.J. Cuenco Ave. in front of the Plaza Independencia.Imbong, in a text message to SunStar Cebu on Friday, April 5, 2024, said the stretch will be improved by asphalting the road, fixing the drainage system, and installing street lights.He also clarified that no BRT buses will traverse the route.Imbong said the road will be closed once implementation starts, but its effect will only be “minimal.”“Kapag may road closure the effect is minimal kasi (If there is road closure the effect is minimal as the) asphalting will be done in the evening,” he said.Cebu City Transportation Office (CCTO) legal officer Kent Francesco Jongoy, in a chat message to SunStar Cebu on Sunday, April 7, pointed out that the “Link to the Port” feature will also include extending the sidewalk, which “will greatly affect the existing traffic flow in the area.”Jongoy said the City Government has only approved the asphalting, adding that the sidewalk extension design is still subject for approval.The road closure will start at the intersection of P. Del Rosario St./ N. Bacalso Ave. and Osmeña Blvd. to M.J. Cuenco Ave. in front of the Plaza Independencia.That stretch is one of the busiest streets in the city as it connects the downtown area to the uptown area. It is usually filled with all sorts of public utility vehicles (PUVs) as well as private vehicles.Noeh Godinez, who passes Osmeña Blvd. every day to get to his work in Lapu-Lapu City, said he welcomed the installation of street lights in the area, but he questioned the need to asphalt the road.Godinez, who rides a motorcycle to work, said the move may worsen traffic congestion.“There’s no need to destroy the road and asphalt it because there’s nothing wrong with the road in the Colon area. If they proceed with asphalting, this will only add to the existing traffic in the area,” he said in Cebuano.Another motorist was confused as to why the downtown area was included in the CBRT project when none of its roads are part of the route.“It will only cause heavy traffic, considering the narrow road in Colon area while there are so many jeepney stops and pedestrian,” said John Aguaviva.Cebu City Councilor James Anthony Cuenco, in a text message to SunStar Cebu on Sunday, said he is aware of the “Link to the Port” feature.He said he will only object to asphalting existing roads that are “evidently still in good order and condition.”He said the council learned during its executive session last Wednesday, April 3, that there was no need to destroy the existing road and apply new cement for the bus lanes along the first package route since the new cemented roads are still on the same level as those that were destroyed.“Such wasteful practice of spending public funds, not to mention the gross inconvenience it has caused the public, should be condemned and those found responsible be held accountable,” he said.Jongoy said this part of the project should have been discussed during the inception of the construction in 2023 so the CCTO could prepare a traffic management plan, particularly to address PUV routes.PUVs coming from the southern part of Cebu City, including those coming from cities of Naga and Talisay, pass by the Osmeña Blvd. and the downtown area.However, he said there will be no road closure as long as the design is not amenable to the City Government.Jongoy said some portions of Osmeña Blvd. going to the Plaza Independencia require maintenance, but since it is a national road, it is under the jurisdiction of the Department of Public Works and Highways.Imbong said on Sunday that they are still waiting for the City to approve the “Link to the Port” feature, which is in line with Cebu City’s goal to pedestrianize the city’s heritage district, which is the downtown area.On Saturday, April 6, the CBRT posted on its Facebook page that construction of the bus station near the Cebu Normal University has already started, while the infrastructure works on the foundation of the bus station near the Cebu South Bus Terminal are nearing completion. / JJL

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ALTHOUGH the construction of the Cebu Bus Rapid Transit (CBRT) project’s “Link to the Port” feature has yet to begin, several motorists and officials are already anticipating its negative effects on the traffic in the downtown area.The feature, according to CBRT project manager Norvin Imbong, will start at the intersection of P. del Rosario St./N. Bacalso Ave. and Osmeña Blvd. to M.J. Cuenco Ave. in front of the Plaza Independencia.Imbong, in a text message to SunStar Cebu on Friday, April 5, 2024, said the stretch will be improved by asphalting the road, fixing the drainage system, and installing street lights.He also clarified that no BRT buses will traverse the route.Imbong said the road will be closed once implementation starts, but its effect will only be “minimal.”“Kapag may road closure the effect is minimal kasi (If there is road closure the effect is minimal as the) asphalting will be done in the evening,” he said.Cebu City Transportation Office (CCTO) legal officer Kent Francesco Jongoy, in a chat message to SunStar Cebu on Sunday, April 7, pointed out that the “Link to the Port” feature will also include extending the sidewalk, which “will greatly affect the existing traffic flow in the area.”Jongoy said the City Government has only approved the asphalting, adding that the sidewalk extension design is still subject for approval.The road closure will start at the intersection of P. Del Rosario St./ N. Bacalso Ave. and Osmeña Blvd. to M.J. Cuenco Ave. in front of the Plaza Independencia.That stretch is one of the busiest streets in the city as it connects the downtown area to the uptown area. It is usually filled with all sorts of public utility vehicles (PUVs) as well as private vehicles.Noeh Godinez, who passes Osmeña Blvd. every day to get to his work in Lapu-Lapu City, said he welcomed the installation of street lights in the area, but he questioned the need to asphalt the road.Godinez, who rides a motorcycle to work, said the move may worsen traffic congestion.“There’s no need to destroy the road and asphalt it because there’s nothing wrong with the road in the Colon area. If they proceed with asphalting, this will only add to the existing traffic in the area,” he said in Cebuano.Another motorist was confused as to why the downtown area was included in the CBRT project when none of its roads are part of the route.“It will only cause heavy traffic, considering the narrow road in Colon area while there are so many jeepney stops and pedestrian,” said John Aguaviva.Cebu City Councilor James Anthony Cuenco, in a text message to SunStar Cebu on Sunday, said he is aware of the “Link to the Port” feature.He said he will only object to asphalting existing roads that are “evidently still in good order and condition.”He said the council learned during its executive session last Wednesday, April 3, that there was no need to destroy the existing road and apply new cement for the bus lanes along the first package route since the new cemented roads are still on the same level as those that were destroyed.“Such wasteful practice of spending public funds, not to mention the gross inconvenience it has caused the public, should be condemned and those found responsible be held accountable,” he said.Jongoy said this part of the project should have been discussed during the inception of the construction in 2023 so the CCTO could prepare a traffic management plan, particularly to address PUV routes.PUVs coming from the southern part of Cebu City, including those coming from cities of Naga and Talisay, pass by the Osmeña Blvd. and the downtown area.However, he said there will be no road closure as long as the design is not amenable to the City Government.Jongoy said some portions of Osmeña Blvd. going to the Plaza Independencia require maintenance, but since it is a national road, it is under the jurisdiction of the Department of Public Works and Highways.Imbong said on Sunday that they are still waiting for the City to approve the “Link to the Port” feature, which is in line with Cebu City’s goal to pedestrianize the city’s heritage district, which is the downtown area.On Saturday, April 6, the CBRT posted on its Facebook page that construction of the bus station near the Cebu Normal University has already started, while the infrastructure works on the foundation of the bus station near the Cebu South Bus Terminal are nearing completion. / JJL Is there a game that pays real money? THE Philippine Economic Zone Authority (Peza) has approved a total of P14.951 billion worth of investments in the first quarter of 2024.At a media forum on Saturday, March 16, 2024, Peza Director General Tereso Panga said there was a 19.25 percent increase in the amount of approved investments for the first three months of the year compared to the same period in 2023, which amounted to P12.537 billion.In March alone, approved investments totaled P2.845 billion, marking a 21.8 percent increase compared to March 2023, which stood at P2.343 billionPanga also said that half of these investments resulted from the foreign trips of President Ferdinand Marcos Jr.He noted that the foreign trips of the President have attracted more investments, with the latest from Germany and the Czech Republic. He said that based on Peza’s running of figures, it could easily be at 43 percent of its P175.7 billion, or roughly P75 billion.Panga said the country achieved a 25 percent increase in investment rate or P175.7 billion in 2023, from a P140.7 billion base figure in 2022.Panga said all Peza’s current indicators are up for exports and employment, manifesting the Philippines’ upward trajectory for 2024, which is something that is expected for the year and onwards because of its excellent gross domestic product (GDP) performance since 2022.“The Philippines happens to have the highest GDP growth rate in ASEAN since ’22 po – for three years in a row now. That makes the Philippines one of the best-performing economies in the region,” he said.Panga also noted the country’s recovery from the Covid-19 pandemic, which accelerated during the second half of the Marcos administration, resulting in a 103 percent increase in investments.Peza, which was created in 1995, is the government agency designating areas all over the Philippines as economic zones.Peza has 422 operating economic zones covering manufacturing, agri-industrial, tourism, Information Technology and Business Process Management (IT-BPM), with all of the operating economic zones becoming home to more than 4,300 export-oriented locator companies.Peza is a big contributor to the economy -- almost 17 percent of the country’s GDP -- the Peza official said, noting more than 50 to 60 percent of the country’s total exports of goods and services come from the locators alone. (TPM/SunStar Philippines)

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THE Philippine Economic Zone Authority (Peza) has approved a total of P14.951 billion worth of investments in the first quarter of 2024.At a media forum on Saturday, March 16, 2024, Peza Director General Tereso Panga said there was a 19.25 percent increase in the amount of approved investments for the first three months of the year compared to the same period in 2023, which amounted to P12.537 billion.In March alone, approved investments totaled P2.845 billion, marking a 21.8 percent increase compared to March 2023, which stood at P2.343 billionPanga also said that half of these investments resulted from the foreign trips of President Ferdinand Marcos Jr.He noted that the foreign trips of the President have attracted more investments, with the latest from Germany and the Czech Republic. He said that based on Peza’s running of figures, it could easily be at 43 percent of its P175.7 billion, or roughly P75 billion.Panga said the country achieved a 25 percent increase in investment rate or P175.7 billion in 2023, from a P140.7 billion base figure in 2022.Panga said all Peza’s current indicators are up for exports and employment, manifesting the Philippines’ upward trajectory for 2024, which is something that is expected for the year and onwards because of its excellent gross domestic product (GDP) performance since 2022.“The Philippines happens to have the highest GDP growth rate in ASEAN since ’22 po – for three years in a row now. That makes the Philippines one of the best-performing economies in the region,” he said.Panga also noted the country’s recovery from the Covid-19 pandemic, which accelerated during the second half of the Marcos administration, resulting in a 103 percent increase in investments.Peza, which was created in 1995, is the government agency designating areas all over the Philippines as economic zones.Peza has 422 operating economic zones covering manufacturing, agri-industrial, tourism, Information Technology and Business Process Management (IT-BPM), with all of the operating economic zones becoming home to more than 4,300 export-oriented locator companies.Peza is a big contributor to the economy -- almost 17 percent of the country’s GDP -- the Peza official said, noting more than 50 to 60 percent of the country’s total exports of goods and services come from the locators alone. (TPM/SunStar Philippines), check the following table to see what categories most online casinos in the Philippines fit in.

FORMER Cebu City mayor Tomas “Tommy” Osmeña has challenged the Cebu Provincial Government’s ownership of the lot along Osmeña Blvd. where the Cebu Bus Rapid Transit (CBRT) project is being implemented.During a press conference on Tuesday, March 5, 2024, he warned that if this fiasco continues, he will be forced to exercise his rights and reclaim the ownership of Osmeña Blvd., which had been donated by his late father Sergio “Serging” Osmeña Jr.Osmeña said Osmeña Blvd., which the CBRT traverses, and its surrounding premises used to belong to Cebu Heights Inc.He said his father was its president and principal stockholder.“My father gave the Province properties, in exchange for other properties, which my father did not get. Technically speaking, the deal was not valid,” Osmeña said.However, the Provincial Government under the administration of Gov. Gwendolyn Garcia earlier insisted that it owns portions of Osmeña Blvd. “We will see each other in court,” Osmeña said, referring to the Province’s claims.“It’s all part of the Cebu Heights (Inc.) and it’s owned 100 percent by my father. Even the part of the Fuente Osmeña (Circle) is owned by my father. I even have the title for it,” he said.If the Provincial Government insists on stopping the CBRT project citing its ownership of the lot, Osmeña said he will reclaim the property.Administrative Order 253Then President Carlos Garcia signed Administrative Order 253 on Oct. 7, 1957, where he exonerated Serging, who was then governor, and three others for dishonesty and grave misconduct in office allegedly committed in connection with the execution of a deed of exchange involving certain parcels of land by and between the Province and Cebu Heights.Garcia then withheld action on the deed of exchange executed in November 1954.The exchange involved three big lots of the Province and 14 smaller lots of Cebu Heights, which formed part of two national roads in Cebu City.Meanwhile, the former mayor reacted negatively to the two resolutions passed by the Provincial Board (PB) on Monday demanding the stoppage of the CBRT implementation, and the Feb. 21 motion of the Cebu City Council, pushed by City Councilor James Anthony Cuenco, which called for the suspension of scheduled civil works for CBRT Packages 2 and 3.He said the National Government will not heed the call of the PB and City Council to halt the project’s civil works.He said both PB and the council have “no teeth” to stop the project.Osmeña said stopping the project will not solve the problem, but only worsen it.The CBRT was Osmeña’s brainchild. He had pushed for it when he was still mayor and then congressman.During the press con, he said he envisioned the CBRT to alleviate the commuting woes of residents in Barangay Talamban and Bulacao going to and from the downtown area, citing that a dedicated bus lane will be beneficial to Cebuanos who cannot acquire motor vehicles.Discussions on the proposed BRT system started during his term.In 1997, Osmeña visited Curitiba, Brazil, where the first BRT was implemented in 1974.Possible repercussionsIn 2008, the Asian Development Bank, World Bank and Overseas Economic Cooperation Fund of Japan approved the project’s pre-feasibility study, according to Osmeña.He said stopping the CBRT may result in a negative credit rating for the Philippine Government in terms of foreign financing and funding agreements with international financial institutions.“The Philippine Government will never have an international bilateral agreement because if you do that you will be blacklisted from all donors and donations around the world,” Osmeña said. “They will not spoil their international credit rating just because Councilor Cuenco and some crazy Provincial Board members start ego tripping and say we should stop CBRT.”He pointed out that the CBRT was funded not only by the World Bank but also by the French Development Agency and the Philippine Government.The CBRT took 20 years to get off the ground.The entire CBRT system is composed of three packages:Package 1 consists of a 2.38-kilometer segregated bus lane with four bus stations and 1.15 kilometers of pedestrian improvements from the Cebu South Bus Terminal to the Capitol building.Package 2 features a 10.8-kilometer segregated bus lane with 13 bus stations, including a bus terminal at the South Road Properties, a roundabout facility in Cebu IT Park, and a depot in SRP.Package 3 includes the construction of a 22.1-kilometer feeder route, with 76 bus stops including feeder terminals in Barangay Talamban in Cebu City and in Talisay City. / EHP The Most Popular Sports in the Philippines . Learn everything about ⭐ the best online casino in Philippines. Our review of the top PH casinos will take you through their ☑️ bonuses, payouts, and games. here is how to register at an online casino site in the Philippines:

THE Philippine Economic Zone Authority (Peza) has approved a total of P14.951 billion worth of investments in the first quarter of 2024.At a media forum on Saturday, March 16, 2024, Peza Director General Tereso Panga said there was a 19.25 percent increase in the amount of approved investments for the first three months of the year compared to the same period in 2023, which amounted to P12.537 billion.In March alone, approved investments totaled P2.845 billion, marking a 21.8 percent increase compared to March 2023, which stood at P2.343 billionPanga also said that half of these investments resulted from the foreign trips of President Ferdinand Marcos Jr.He noted that the foreign trips of the President have attracted more investments, with the latest from Germany and the Czech Republic. He said that based on Peza’s running of figures, it could easily be at 43 percent of its P175.7 billion, or roughly P75 billion.Panga said the country achieved a 25 percent increase in investment rate or P175.7 billion in 2023, from a P140.7 billion base figure in 2022.Panga said all Peza’s current indicators are up for exports and employment, manifesting the Philippines’ upward trajectory for 2024, which is something that is expected for the year and onwards because of its excellent gross domestic product (GDP) performance since 2022.“The Philippines happens to have the highest GDP growth rate in ASEAN since ’22 po – for three years in a row now. That makes the Philippines one of the best-performing economies in the region,” he said.Panga also noted the country’s recovery from the Covid-19 pandemic, which accelerated during the second half of the Marcos administration, resulting in a 103 percent increase in investments.Peza, which was created in 1995, is the government agency designating areas all over the Philippines as economic zones.Peza has 422 operating economic zones covering manufacturing, agri-industrial, tourism, Information Technology and Business Process Management (IT-BPM), with all of the operating economic zones becoming home to more than 4,300 export-oriented locator companies.Peza is a big contributor to the economy -- almost 17 percent of the country’s GDP -- the Peza official said, noting more than 50 to 60 percent of the country’s total exports of goods and services come from the locators alone. (TPM/SunStar Philippines) Is there a game that pays real money? . It’s always a good idea to take your time and make sure you’ve found the best online casino in the Philippines on the online gambling market that can give you what you want.

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FORMER Cebu City mayor Tomas “Tommy” Osmeña has challenged the Cebu Provincial Government’s ownership of the lot along Osmeña Blvd. where the Cebu Bus Rapid Transit (CBRT) project is being implemented.During a press conference on Tuesday, March 5, 2024, he warned that if this fiasco continues, he will be forced to exercise his rights and reclaim the ownership of Osmeña Blvd., which had been donated by his late father Sergio “Serging” Osmeña Jr.Osmeña said Osmeña Blvd., which the CBRT traverses, and its surrounding premises used to belong to Cebu Heights Inc.He said his father was its president and principal stockholder.“My father gave the Province properties, in exchange for other properties, which my father did not get. Technically speaking, the deal was not valid,” Osmeña said.However, the Provincial Government under the administration of Gov. Gwendolyn Garcia earlier insisted that it owns portions of Osmeña Blvd. “We will see each other in court,” Osmeña said, referring to the Province’s claims.“It’s all part of the Cebu Heights (Inc.) and it’s owned 100 percent by my father. Even the part of the Fuente Osmeña (Circle) is owned by my father. I even have the title for it,” he said.If the Provincial Government insists on stopping the CBRT project citing its ownership of the lot, Osmeña said he will reclaim the property.Administrative Order 253Then President Carlos Garcia signed Administrative Order 253 on Oct. 7, 1957, where he exonerated Serging, who was then governor, and three others for dishonesty and grave misconduct in office allegedly committed in connection with the execution of a deed of exchange involving certain parcels of land by and between the Province and Cebu Heights.Garcia then withheld action on the deed of exchange executed in November 1954.The exchange involved three big lots of the Province and 14 smaller lots of Cebu Heights, which formed part of two national roads in Cebu City.Meanwhile, the former mayor reacted negatively to the two resolutions passed by the Provincial Board (PB) on Monday demanding the stoppage of the CBRT implementation, and the Feb. 21 motion of the Cebu City Council, pushed by City Councilor James Anthony Cuenco, which called for the suspension of scheduled civil works for CBRT Packages 2 and 3.He said the National Government will not heed the call of the PB and City Council to halt the project’s civil works.He said both PB and the council have “no teeth” to stop the project.Osmeña said stopping the project will not solve the problem, but only worsen it.The CBRT was Osmeña’s brainchild. He had pushed for it when he was still mayor and then congressman.During the press con, he said he envisioned the CBRT to alleviate the commuting woes of residents in Barangay Talamban and Bulacao going to and from the downtown area, citing that a dedicated bus lane will be beneficial to Cebuanos who cannot acquire motor vehicles.Discussions on the proposed BRT system started during his term.In 1997, Osmeña visited Curitiba, Brazil, where the first BRT was implemented in 1974.Possible repercussionsIn 2008, the Asian Development Bank, World Bank and Overseas Economic Cooperation Fund of Japan approved the project’s pre-feasibility study, according to Osmeña.He said stopping the CBRT may result in a negative credit rating for the Philippine Government in terms of foreign financing and funding agreements with international financial institutions.“The Philippine Government will never have an international bilateral agreement because if you do that you will be blacklisted from all donors and donations around the world,” Osmeña said. “They will not spoil their international credit rating just because Councilor Cuenco and some crazy Provincial Board members start ego tripping and say we should stop CBRT.”He pointed out that the CBRT was funded not only by the World Bank but also by the French Development Agency and the Philippine Government.The CBRT took 20 years to get off the ground.The entire CBRT system is composed of three packages:Package 1 consists of a 2.38-kilometer segregated bus lane with four bus stations and 1.15 kilometers of pedestrian improvements from the Cebu South Bus Terminal to the Capitol building.Package 2 features a 10.8-kilometer segregated bus lane with 13 bus stations, including a bus terminal at the South Road Properties, a roundabout facility in Cebu IT Park, and a depot in SRP.Package 3 includes the construction of a 22.1-kilometer feeder route, with 76 bus stops including feeder terminals in Barangay Talamban in Cebu City and in Talisay City. / EHP licensed online casinos ALTHOUGH the construction of the Cebu Bus Rapid Transit (CBRT) project’s “Link to the Port” feature has yet to begin, several motorists and officials are already anticipating its negative effects on the traffic in the downtown area.The feature, according to CBRT project manager Norvin Imbong, will start at the intersection of P. del Rosario St./N. Bacalso Ave. and Osmeña Blvd. to M.J. Cuenco Ave. in front of the Plaza Independencia.Imbong, in a text message to SunStar Cebu on Friday, April 5, 2024, said the stretch will be improved by asphalting the road, fixing the drainage system, and installing street lights.He also clarified that no BRT buses will traverse the route.Imbong said the road will be closed once implementation starts, but its effect will only be “minimal.”“Kapag may road closure the effect is minimal kasi (If there is road closure the effect is minimal as the) asphalting will be done in the evening,” he said.Cebu City Transportation Office (CCTO) legal officer Kent Francesco Jongoy, in a chat message to SunStar Cebu on Sunday, April 7, pointed out that the “Link to the Port” feature will also include extending the sidewalk, which “will greatly affect the existing traffic flow in the area.”Jongoy said the City Government has only approved the asphalting, adding that the sidewalk extension design is still subject for approval.The road closure will start at the intersection of P. Del Rosario St./ N. Bacalso Ave. and Osmeña Blvd. to M.J. Cuenco Ave. in front of the Plaza Independencia.That stretch is one of the busiest streets in the city as it connects the downtown area to the uptown area. It is usually filled with all sorts of public utility vehicles (PUVs) as well as private vehicles.Noeh Godinez, who passes Osmeña Blvd. every day to get to his work in Lapu-Lapu City, said he welcomed the installation of street lights in the area, but he questioned the need to asphalt the road.Godinez, who rides a motorcycle to work, said the move may worsen traffic congestion.“There’s no need to destroy the road and asphalt it because there’s nothing wrong with the road in the Colon area. If they proceed with asphalting, this will only add to the existing traffic in the area,” he said in Cebuano.Another motorist was confused as to why the downtown area was included in the CBRT project when none of its roads are part of the route.“It will only cause heavy traffic, considering the narrow road in Colon area while there are so many jeepney stops and pedestrian,” said John Aguaviva.Cebu City Councilor James Anthony Cuenco, in a text message to SunStar Cebu on Sunday, said he is aware of the “Link to the Port” feature.He said he will only object to asphalting existing roads that are “evidently still in good order and condition.”He said the council learned during its executive session last Wednesday, April 3, that there was no need to destroy the existing road and apply new cement for the bus lanes along the first package route since the new cemented roads are still on the same level as those that were destroyed.“Such wasteful practice of spending public funds, not to mention the gross inconvenience it has caused the public, should be condemned and those found responsible be held accountable,” he said.Jongoy said this part of the project should have been discussed during the inception of the construction in 2023 so the CCTO could prepare a traffic management plan, particularly to address PUV routes.PUVs coming from the southern part of Cebu City, including those coming from cities of Naga and Talisay, pass by the Osmeña Blvd. and the downtown area.However, he said there will be no road closure as long as the design is not amenable to the City Government.Jongoy said some portions of Osmeña Blvd. going to the Plaza Independencia require maintenance, but since it is a national road, it is under the jurisdiction of the Department of Public Works and Highways.Imbong said on Sunday that they are still waiting for the City to approve the “Link to the Port” feature, which is in line with Cebu City’s goal to pedestrianize the city’s heritage district, which is the downtown area.On Saturday, April 6, the CBRT posted on its Facebook page that construction of the bus station near the Cebu Normal University has already started, while the infrastructure works on the foundation of the bus station near the Cebu South Bus Terminal are nearing completion. / JJL

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FORMER Cebu City mayor Tomas “Tommy” Osmeña has challenged the Cebu Provincial Government’s ownership of the lot along Osmeña Blvd. where the Cebu Bus Rapid Transit (CBRT) project is being implemented.During a press conference on Tuesday, March 5, 2024, he warned that if this fiasco continues, he will be forced to exercise his rights and reclaim the ownership of Osmeña Blvd., which had been donated by his late father Sergio “Serging” Osmeña Jr.Osmeña said Osmeña Blvd., which the CBRT traverses, and its surrounding premises used to belong to Cebu Heights Inc.He said his father was its president and principal stockholder.“My father gave the Province properties, in exchange for other properties, which my father did not get. Technically speaking, the deal was not valid,” Osmeña said.However, the Provincial Government under the administration of Gov. Gwendolyn Garcia earlier insisted that it owns portions of Osmeña Blvd. “We will see each other in court,” Osmeña said, referring to the Province’s claims.“It’s all part of the Cebu Heights (Inc.) and it’s owned 100 percent by my father. Even the part of the Fuente Osmeña (Circle) is owned by my father. I even have the title for it,” he said.If the Provincial Government insists on stopping the CBRT project citing its ownership of the lot, Osmeña said he will reclaim the property.Administrative Order 253Then President Carlos Garcia signed Administrative Order 253 on Oct. 7, 1957, where he exonerated Serging, who was then governor, and three others for dishonesty and grave misconduct in office allegedly committed in connection with the execution of a deed of exchange involving certain parcels of land by and between the Province and Cebu Heights.Garcia then withheld action on the deed of exchange executed in November 1954.The exchange involved three big lots of the Province and 14 smaller lots of Cebu Heights, which formed part of two national roads in Cebu City.Meanwhile, the former mayor reacted negatively to the two resolutions passed by the Provincial Board (PB) on Monday demanding the stoppage of the CBRT implementation, and the Feb. 21 motion of the Cebu City Council, pushed by City Councilor James Anthony Cuenco, which called for the suspension of scheduled civil works for CBRT Packages 2 and 3.He said the National Government will not heed the call of the PB and City Council to halt the project’s civil works.He said both PB and the council have “no teeth” to stop the project.Osmeña said stopping the project will not solve the problem, but only worsen it.The CBRT was Osmeña’s brainchild. He had pushed for it when he was still mayor and then congressman.During the press con, he said he envisioned the CBRT to alleviate the commuting woes of residents in Barangay Talamban and Bulacao going to and from the downtown area, citing that a dedicated bus lane will be beneficial to Cebuanos who cannot acquire motor vehicles.Discussions on the proposed BRT system started during his term.In 1997, Osmeña visited Curitiba, Brazil, where the first BRT was implemented in 1974.Possible repercussionsIn 2008, the Asian Development Bank, World Bank and Overseas Economic Cooperation Fund of Japan approved the project’s pre-feasibility study, according to Osmeña.He said stopping the CBRT may result in a negative credit rating for the Philippine Government in terms of foreign financing and funding agreements with international financial institutions.“The Philippine Government will never have an international bilateral agreement because if you do that you will be blacklisted from all donors and donations around the world,” Osmeña said. “They will not spoil their international credit rating just because Councilor Cuenco and some crazy Provincial Board members start ego tripping and say we should stop CBRT.”He pointed out that the CBRT was funded not only by the World Bank but also by the French Development Agency and the Philippine Government.The CBRT took 20 years to get off the ground.The entire CBRT system is composed of three packages:Package 1 consists of a 2.38-kilometer segregated bus lane with four bus stations and 1.15 kilometers of pedestrian improvements from the Cebu South Bus Terminal to the Capitol building.Package 2 features a 10.8-kilometer segregated bus lane with 13 bus stations, including a bus terminal at the South Road Properties, a roundabout facility in Cebu IT Park, and a depot in SRP.Package 3 includes the construction of a 22.1-kilometer feeder route, with 76 bus stops including feeder terminals in Barangay Talamban in Cebu City and in Talisay City. / EHP The Most Popular Sports in the Philippines

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