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THE Philippine delegation led by President Ferdinand Marcos Jr. has secured $1.53 billion, or P86 billion worth of investment, from 12 business deals inked during the Philippine Business Forum held on the sidelines of the Asean-Australia Special Summit in Melbourne, Australia.In his speech during the forum on Monday, March 4, 2024, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said the deals are expected to drive the investment relationships between the Philippines and Australia, and contribute to Philippine economic growth.“These agreements signify our unwavering commitment to excellence and fruitful partnerships spanning diverse sectors such as renewable energy, waste-to-energy technology, organic recycling technology, countryside housing initiatives, the establishment of data center, manufacturing of health technology solutions, and digital health services,” he said.The 12 deals are composed of 10 memoranda of understanding (MOUs) and two letters of intent.The two letters of intent covers the Biomass Fueled (Thorium Pellets) Simple-high-Temperature Gas-cooled Power Plant (STGR20 V) with a 40MW base load power to deliver a safe, sustainable, affordable, CO2 neutral, green base-load energy in the Philippines, as well as for the development of digital health services with a particular focus on Artificial Intelligence and Machine Learning to improve healthcare availability in the Philippines with a particular focus on tuberculosis and other respiratory illness, which is an expansion of the company’s current operations in the Philippines providing telemedicine services to millions of Filipinos.The MOUs cover the development, design, construction, commissioning and funding of a Tier-3 Data Center with a capacity of 30MW-40MW in the Poro Point Freeport Zone, with a land area of approximately 16 hectares; Expansion of Next-Generation Battery Manufacturing in the Philippines; deployment of decarbonization solutions comprising orchestration of renewable energy, storage, and e-mobility to New Clark City Stadium and other Bases Conversion and Development Authority (BCDA) sites to reduce energy costs, reliance on grid power, improve sustainability and achieve progress on decarbonization journey.An MOU for a collaborative partnership on the Development of an Electric Transportation Framework throughout the properties associated with BCDA in the Philippines was also signed along with the Pambansang Pabahay para sa Pilipino (4PH)/Countryside Housing Initiatives (CHI) through the Department of Human Settlements and Urban Development (DHSUD).Other MOUs cover the establishment of collection centers and a recycling facility for plastic waste in the Philippines using innovative organic recycling, synthesis of biomass and carbon utilization and material synthesis technologies from an Australian university, and exports/distribution of the resulting transparent sustainable material for Australian food and beverage companies, as well as for the manufacturing of portable, affordable, and accessible Automated External Defibrillator (AED) solutions and Distribution of portable, affordable, and accessible Automated External Defibrillator (AED) solutions.A partnership between the National Development Company (NDC), the Philippine’s leading state-owned enterprise investing in diverse industries, and an Australian company was also formed for the transfer of its waste-to-energy technology to the Philippines that converts biowaste to green fuel.The NDC looks forward to establishing a globally recognized institute in the Philippines that would be called Southeast Asia Biosecurity Institute (SABI), focused on developing more biosecurity robust supply chains across Southeast Asia that will deliver significant economic, environmental and social benefits for the region.Marcos urged more Australian businessmen to consider investing in the Philippines as he touted the country as an ideal destination for complementation in both manufacturing and services.He also highlighted the country’s steadfast commitment to purposeful reforms, which is evident in key legislative amendments, such as the Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act and the Renewable Energy Act.Macos also noted the Philippine government’s initiatives in streamlining business registration, infrastructure development, and the Comprehensive Tax Reform Program (Create Act), and the overhaul of fiscal incentive structures and responsive policies, including those facilitating public-private partnerships (PPP).He also discussed the newly established Maharlika Investment Fund, the country’s sovereign wealth fund “that underscores dedication to financing priority projects and driving socioeconomic impact.”“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments, streamline regulations, and showcase our unwavering support for businesses,” said Marcos.Marcos expressed gratitude to Australian businessmen who opened their doors for the Philippines.“I invite esteemed Australian businesses to consider the Philippines as a reliable partner that can support your expansion and operations. Let us embark on a journey of strengthened economic ties, mutual growth, and shared success,” he said.“I am hopeful that this will be complemented by other policy tools that will enhance Philippines-Australia supply chain partnerships and facilitate greater foreign direct investments. So in conclusion, let me reiterate our gratitude for your presence and active engagement in this forum. The members of my economic team will provide the support needed by your businesses for investments to continuously grow and prosper. Together with you as our Strategic Partner, we can make investments happen in the Philippines,” he added. (TPM/SunStar Philippines) Is gambling legal in Philippines? Philippines THE Philippines’ unemployment rate has recorded a slight decrease to 3.5 percent in February 2024, while the number of employed Filipinos during the same month increased to 96.5 percent.The Philippine Statistics Authority (PSA) said on Thursday, April 11, 2024, that the country’s Labor Force Participation Rate (LFPR) or those who were either employed or unemployed went up to 50.75 million from 48.09 million individuals in January 2024.It said of the total labor force, 1.80 million were jobless while 48.95 million were employed individuals.Of the employed individuals 62.9 percent were wage and salary workers, 27.2 percent were self-employed persons without any paid employee, 7.8 percent were unpaid family members and 2.0 percent were employees in their own family-operated farm or business.The average of working hours per week of employer persons went down to 40.1 from 42.1 hours per week in January 2024.The number of underemployed individuals or those who are employed but wanted additional hours of work in their current job or to have an additional job or to have a new job with longer hours went down to 12.4 percent or 6.8 million individuals.In February 2023, the underemployment rate was at 12.9 percent and 13.9 percent in January 2024.The PSA said the services sector continued as the top sector in terms of the number of employed persons with a share of 60.6 percent of the 48.95 million employed persons. The agriculture and industry sectors accounted for 21.3 percent and 18.1 percent of the employed persons, respectively.The sub-sectors of construction, transportation and storage, administrative and support service activities, manufacturing and accommodation and food service activities were the top five in terms of annual increase in the number of employed persons. The number of employed persons in agriculture and forestry, fishing and aquaculture, public administration and defense, compulsory social security, information and communication, wholesale and retail trade and repair of motor vehicles and motorcycles were down in February 2024. (TPM/SunStar Philippines)

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THE Philippines’ unemployment rate has recorded a slight decrease to 3.5 percent in February 2024, while the number of employed Filipinos during the same month increased to 96.5 percent.The Philippine Statistics Authority (PSA) said on Thursday, April 11, 2024, that the country’s Labor Force Participation Rate (LFPR) or those who were either employed or unemployed went up to 50.75 million from 48.09 million individuals in January 2024.It said of the total labor force, 1.80 million were jobless while 48.95 million were employed individuals.Of the employed individuals 62.9 percent were wage and salary workers, 27.2 percent were self-employed persons without any paid employee, 7.8 percent were unpaid family members and 2.0 percent were employees in their own family-operated farm or business.The average of working hours per week of employer persons went down to 40.1 from 42.1 hours per week in January 2024.The number of underemployed individuals or those who are employed but wanted additional hours of work in their current job or to have an additional job or to have a new job with longer hours went down to 12.4 percent or 6.8 million individuals.In February 2023, the underemployment rate was at 12.9 percent and 13.9 percent in January 2024.The PSA said the services sector continued as the top sector in terms of the number of employed persons with a share of 60.6 percent of the 48.95 million employed persons. The agriculture and industry sectors accounted for 21.3 percent and 18.1 percent of the employed persons, respectively.The sub-sectors of construction, transportation and storage, administrative and support service activities, manufacturing and accommodation and food service activities were the top five in terms of annual increase in the number of employed persons. The number of employed persons in agriculture and forestry, fishing and aquaculture, public administration and defense, compulsory social security, information and communication, wholesale and retail trade and repair of motor vehicles and motorcycles were down in February 2024. (TPM/SunStar Philippines) Who was the first Filipino baseball player? TWENTY-FOUR lot owners in the northern town of Daanbantayan, Cebu have agreed to sell their properties to the Cebu Provincial Government for the construction of a 150-megawatt (MW) solar power plant.But 26 other lot owners are still undecided.In an interview after the signing of a memorandum of agreement (MOA) with the proponent for the building of the plant, at the Capitol building on Saturday, March 16, 2024, Daanbantayan Mayor Sun Shimura told SunStar Cebu that they explained to the lot owners that the project seeks to lower electric bills in the province.Shimura said the Provincial Government is buying the properties for P130 per square meter. He said some owners own more than two lots.IncentivesHe said the governor also assured those who agree to sell that they will be exempted from paying tax, including the capital gains, transfer and documentary stamp tax.And if they want to work in the facility once it opens, they will be prioritized in the hiring, he added.Shimura said there was a plan to transfer the location of the proposed solar power plant to the third district, so the municipality, which is in the fourth district, exerted efforts to convince the lot owners to sell their properties. He said once completed, the facility will spur economic development not only in the town but also in neighboring municipalities and in Bogo City, where an economic zone has been proposed.The mayor admitted that there are a lot of owners who are hesitant to sell, which may prompt them to resort to expropriation proceedings.On Saturday, the Provincial Government signed the MOA with Consortium Acciona Energia Global and Freya Renewables Inc. for a 25-year build-transfer-operate scheme for the project.The Spain-based Acciona Energia Global and Makati-based Freya Renewables Inc. will build the solar power plant, which will be one of the largest renewable energy facilities in the country, on a 185-hectare lot in Barangay Talisay.The MOA signing was led by Gov. Gwendolyn Garcia and Vice Gov. Hilario Davide III, Ignacio Domecq of Acciona Energia Global Ltd. and Fermin Alvarez of Freya Renewables Inc.It was witnessed by Energy Secretary Raphael Lotilla, among others.Acciona Energia Global was also involved in the construction of the Cebu-Cordova Link Expressway, the longest bridge in the Philippines spanning 8.9 kilometers.Secretary’s messageAs of the moment, Shimura told SunStar Cebu, he has no information on the schedule of the civil works, adding that their involvement in the project was in the issuance of permits and talking to lot owners.Secretary Lotilla, in his speech on Saturday, said the MOA advanced the efforts of the Marcos Jr. administration to increase the country’s renewable energy portfolio.He pointed out that Cebu is the center of the transmission grid of the country, connecting the Luzon, Visayas and Mindanao grids.He said the solar power plant in Daanbantayan is a step forward for Cebu to be no longer reliant on power generation facilities from another region in case there are problems in the power cable grid.In her speech, Governor Garcia stressed the importance of the Capitol’s involvement in the energy sector to lower the price of electricity, which was why she signed the MOA with the two energy firms.She said the date of the MOA signing coincided with the arrival of the Spaniards in the archipelago 500 years ago, but his time as investors, not conquerors.The governor added that civil works will take only a year and a half.In a Facebook post on Thursday, March 14, Vice Governor Davide said the Provincial Board authorized Garcia to sign the contract on Monday, March 11.Although there was no mention of the project’s total cost, Solar Philippines president Leandro Leviste said in 2017 that the cost to put up a solar plant was equivalent to US$1 million per MW. (EHP)

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TWENTY-FOUR lot owners in the northern town of Daanbantayan, Cebu have agreed to sell their properties to the Cebu Provincial Government for the construction of a 150-megawatt (MW) solar power plant.But 26 other lot owners are still undecided.In an interview after the signing of a memorandum of agreement (MOA) with the proponent for the building of the plant, at the Capitol building on Saturday, March 16, 2024, Daanbantayan Mayor Sun Shimura told SunStar Cebu that they explained to the lot owners that the project seeks to lower electric bills in the province.Shimura said the Provincial Government is buying the properties for P130 per square meter. He said some owners own more than two lots.IncentivesHe said the governor also assured those who agree to sell that they will be exempted from paying tax, including the capital gains, transfer and documentary stamp tax.And if they want to work in the facility once it opens, they will be prioritized in the hiring, he added.Shimura said there was a plan to transfer the location of the proposed solar power plant to the third district, so the municipality, which is in the fourth district, exerted efforts to convince the lot owners to sell their properties. He said once completed, the facility will spur economic development not only in the town but also in neighboring municipalities and in Bogo City, where an economic zone has been proposed.The mayor admitted that there are a lot of owners who are hesitant to sell, which may prompt them to resort to expropriation proceedings.On Saturday, the Provincial Government signed the MOA with Consortium Acciona Energia Global and Freya Renewables Inc. for a 25-year build-transfer-operate scheme for the project.The Spain-based Acciona Energia Global and Makati-based Freya Renewables Inc. will build the solar power plant, which will be one of the largest renewable energy facilities in the country, on a 185-hectare lot in Barangay Talisay.The MOA signing was led by Gov. Gwendolyn Garcia and Vice Gov. Hilario Davide III, Ignacio Domecq of Acciona Energia Global Ltd. and Fermin Alvarez of Freya Renewables Inc.It was witnessed by Energy Secretary Raphael Lotilla, among others.Acciona Energia Global was also involved in the construction of the Cebu-Cordova Link Expressway, the longest bridge in the Philippines spanning 8.9 kilometers.Secretary’s messageAs of the moment, Shimura told SunStar Cebu, he has no information on the schedule of the civil works, adding that their involvement in the project was in the issuance of permits and talking to lot owners.Secretary Lotilla, in his speech on Saturday, said the MOA advanced the efforts of the Marcos Jr. administration to increase the country’s renewable energy portfolio.He pointed out that Cebu is the center of the transmission grid of the country, connecting the Luzon, Visayas and Mindanao grids.He said the solar power plant in Daanbantayan is a step forward for Cebu to be no longer reliant on power generation facilities from another region in case there are problems in the power cable grid.In her speech, Governor Garcia stressed the importance of the Capitol’s involvement in the energy sector to lower the price of electricity, which was why she signed the MOA with the two energy firms.She said the date of the MOA signing coincided with the arrival of the Spaniards in the archipelago 500 years ago, but his time as investors, not conquerors.The governor added that civil works will take only a year and a half.In a Facebook post on Thursday, March 14, Vice Governor Davide said the Provincial Board authorized Garcia to sign the contract on Monday, March 11.Although there was no mention of the project’s total cost, Solar Philippines president Leandro Leviste said in 2017 that the cost to put up a solar plant was equivalent to US$1 million per MW. (EHP) Who was the first Filipino baseball player? THE Philippine delegation led by President Ferdinand Marcos Jr. has secured $1.53 billion, or P86 billion worth of investment, from 12 business deals inked during the Philippine Business Forum held on the sidelines of the Asean-Australia Special Summit in Melbourne, Australia.In his speech during the forum on Monday, March 4, 2024, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said the deals are expected to drive the investment relationships between the Philippines and Australia, and contribute to Philippine economic growth.“These agreements signify our unwavering commitment to excellence and fruitful partnerships spanning diverse sectors such as renewable energy, waste-to-energy technology, organic recycling technology, countryside housing initiatives, the establishment of data center, manufacturing of health technology solutions, and digital health services,” he said.The 12 deals are composed of 10 memoranda of understanding (MOUs) and two letters of intent.The two letters of intent covers the Biomass Fueled (Thorium Pellets) Simple-high-Temperature Gas-cooled Power Plant (STGR20 V) with a 40MW base load power to deliver a safe, sustainable, affordable, CO2 neutral, green base-load energy in the Philippines, as well as for the development of digital health services with a particular focus on Artificial Intelligence and Machine Learning to improve healthcare availability in the Philippines with a particular focus on tuberculosis and other respiratory illness, which is an expansion of the company’s current operations in the Philippines providing telemedicine services to millions of Filipinos.The MOUs cover the development, design, construction, commissioning and funding of a Tier-3 Data Center with a capacity of 30MW-40MW in the Poro Point Freeport Zone, with a land area of approximately 16 hectares; Expansion of Next-Generation Battery Manufacturing in the Philippines; deployment of decarbonization solutions comprising orchestration of renewable energy, storage, and e-mobility to New Clark City Stadium and other Bases Conversion and Development Authority (BCDA) sites to reduce energy costs, reliance on grid power, improve sustainability and achieve progress on decarbonization journey.An MOU for a collaborative partnership on the Development of an Electric Transportation Framework throughout the properties associated with BCDA in the Philippines was also signed along with the Pambansang Pabahay para sa Pilipino (4PH)/Countryside Housing Initiatives (CHI) through the Department of Human Settlements and Urban Development (DHSUD).Other MOUs cover the establishment of collection centers and a recycling facility for plastic waste in the Philippines using innovative organic recycling, synthesis of biomass and carbon utilization and material synthesis technologies from an Australian university, and exports/distribution of the resulting transparent sustainable material for Australian food and beverage companies, as well as for the manufacturing of portable, affordable, and accessible Automated External Defibrillator (AED) solutions and Distribution of portable, affordable, and accessible Automated External Defibrillator (AED) solutions.A partnership between the National Development Company (NDC), the Philippine’s leading state-owned enterprise investing in diverse industries, and an Australian company was also formed for the transfer of its waste-to-energy technology to the Philippines that converts biowaste to green fuel.The NDC looks forward to establishing a globally recognized institute in the Philippines that would be called Southeast Asia Biosecurity Institute (SABI), focused on developing more biosecurity robust supply chains across Southeast Asia that will deliver significant economic, environmental and social benefits for the region.Marcos urged more Australian businessmen to consider investing in the Philippines as he touted the country as an ideal destination for complementation in both manufacturing and services.He also highlighted the country’s steadfast commitment to purposeful reforms, which is evident in key legislative amendments, such as the Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act and the Renewable Energy Act.Macos also noted the Philippine government’s initiatives in streamlining business registration, infrastructure development, and the Comprehensive Tax Reform Program (Create Act), and the overhaul of fiscal incentive structures and responsive policies, including those facilitating public-private partnerships (PPP).He also discussed the newly established Maharlika Investment Fund, the country’s sovereign wealth fund “that underscores dedication to financing priority projects and driving socioeconomic impact.”“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments, streamline regulations, and showcase our unwavering support for businesses,” said Marcos.Marcos expressed gratitude to Australian businessmen who opened their doors for the Philippines.“I invite esteemed Australian businesses to consider the Philippines as a reliable partner that can support your expansion and operations. Let us embark on a journey of strengthened economic ties, mutual growth, and shared success,” he said.“I am hopeful that this will be complemented by other policy tools that will enhance Philippines-Australia supply chain partnerships and facilitate greater foreign direct investments. So in conclusion, let me reiterate our gratitude for your presence and active engagement in this forum. The members of my economic team will provide the support needed by your businesses for investments to continuously grow and prosper. Together with you as our Strategic Partner, we can make investments happen in the Philippines,” he added. (TPM/SunStar Philippines)

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THE Philippine delegation led by President Ferdinand Marcos Jr. has secured $1.53 billion, or P86 billion worth of investment, from 12 business deals inked during the Philippine Business Forum held on the sidelines of the Asean-Australia Special Summit in Melbourne, Australia.In his speech during the forum on Monday, March 4, 2024, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said the deals are expected to drive the investment relationships between the Philippines and Australia, and contribute to Philippine economic growth.“These agreements signify our unwavering commitment to excellence and fruitful partnerships spanning diverse sectors such as renewable energy, waste-to-energy technology, organic recycling technology, countryside housing initiatives, the establishment of data center, manufacturing of health technology solutions, and digital health services,” he said.The 12 deals are composed of 10 memoranda of understanding (MOUs) and two letters of intent.The two letters of intent covers the Biomass Fueled (Thorium Pellets) Simple-high-Temperature Gas-cooled Power Plant (STGR20 V) with a 40MW base load power to deliver a safe, sustainable, affordable, CO2 neutral, green base-load energy in the Philippines, as well as for the development of digital health services with a particular focus on Artificial Intelligence and Machine Learning to improve healthcare availability in the Philippines with a particular focus on tuberculosis and other respiratory illness, which is an expansion of the company’s current operations in the Philippines providing telemedicine services to millions of Filipinos.The MOUs cover the development, design, construction, commissioning and funding of a Tier-3 Data Center with a capacity of 30MW-40MW in the Poro Point Freeport Zone, with a land area of approximately 16 hectares; Expansion of Next-Generation Battery Manufacturing in the Philippines; deployment of decarbonization solutions comprising orchestration of renewable energy, storage, and e-mobility to New Clark City Stadium and other Bases Conversion and Development Authority (BCDA) sites to reduce energy costs, reliance on grid power, improve sustainability and achieve progress on decarbonization journey.An MOU for a collaborative partnership on the Development of an Electric Transportation Framework throughout the properties associated with BCDA in the Philippines was also signed along with the Pambansang Pabahay para sa Pilipino (4PH)/Countryside Housing Initiatives (CHI) through the Department of Human Settlements and Urban Development (DHSUD).Other MOUs cover the establishment of collection centers and a recycling facility for plastic waste in the Philippines using innovative organic recycling, synthesis of biomass and carbon utilization and material synthesis technologies from an Australian university, and exports/distribution of the resulting transparent sustainable material for Australian food and beverage companies, as well as for the manufacturing of portable, affordable, and accessible Automated External Defibrillator (AED) solutions and Distribution of portable, affordable, and accessible Automated External Defibrillator (AED) solutions.A partnership between the National Development Company (NDC), the Philippine’s leading state-owned enterprise investing in diverse industries, and an Australian company was also formed for the transfer of its waste-to-energy technology to the Philippines that converts biowaste to green fuel.The NDC looks forward to establishing a globally recognized institute in the Philippines that would be called Southeast Asia Biosecurity Institute (SABI), focused on developing more biosecurity robust supply chains across Southeast Asia that will deliver significant economic, environmental and social benefits for the region.Marcos urged more Australian businessmen to consider investing in the Philippines as he touted the country as an ideal destination for complementation in both manufacturing and services.He also highlighted the country’s steadfast commitment to purposeful reforms, which is evident in key legislative amendments, such as the Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act and the Renewable Energy Act.Macos also noted the Philippine government’s initiatives in streamlining business registration, infrastructure development, and the Comprehensive Tax Reform Program (Create Act), and the overhaul of fiscal incentive structures and responsive policies, including those facilitating public-private partnerships (PPP).He also discussed the newly established Maharlika Investment Fund, the country’s sovereign wealth fund “that underscores dedication to financing priority projects and driving socioeconomic impact.”“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments, streamline regulations, and showcase our unwavering support for businesses,” said Marcos.Marcos expressed gratitude to Australian businessmen who opened their doors for the Philippines.“I invite esteemed Australian businesses to consider the Philippines as a reliable partner that can support your expansion and operations. Let us embark on a journey of strengthened economic ties, mutual growth, and shared success,” he said.“I am hopeful that this will be complemented by other policy tools that will enhance Philippines-Australia supply chain partnerships and facilitate greater foreign direct investments. So in conclusion, let me reiterate our gratitude for your presence and active engagement in this forum. The members of my economic team will provide the support needed by your businesses for investments to continuously grow and prosper. Together with you as our Strategic Partner, we can make investments happen in the Philippines,” he added. (TPM/SunStar Philippines), check the following table to see what categories most online casinos in the Philippines fit in.

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THE Philippines’ unemployment rate has recorded a slight decrease to 3.5 percent in February 2024, while the number of employed Filipinos during the same month increased to 96.5 percent.The Philippine Statistics Authority (PSA) said on Thursday, April 11, 2024, that the country’s Labor Force Participation Rate (LFPR) or those who were either employed or unemployed went up to 50.75 million from 48.09 million individuals in January 2024.It said of the total labor force, 1.80 million were jobless while 48.95 million were employed individuals.Of the employed individuals 62.9 percent were wage and salary workers, 27.2 percent were self-employed persons without any paid employee, 7.8 percent were unpaid family members and 2.0 percent were employees in their own family-operated farm or business.The average of working hours per week of employer persons went down to 40.1 from 42.1 hours per week in January 2024.The number of underemployed individuals or those who are employed but wanted additional hours of work in their current job or to have an additional job or to have a new job with longer hours went down to 12.4 percent or 6.8 million individuals.In February 2023, the underemployment rate was at 12.9 percent and 13.9 percent in January 2024.The PSA said the services sector continued as the top sector in terms of the number of employed persons with a share of 60.6 percent of the 48.95 million employed persons. The agriculture and industry sectors accounted for 21.3 percent and 18.1 percent of the employed persons, respectively.The sub-sectors of construction, transportation and storage, administrative and support service activities, manufacturing and accommodation and food service activities were the top five in terms of annual increase in the number of employed persons. The number of employed persons in agriculture and forestry, fishing and aquaculture, public administration and defense, compulsory social security, information and communication, wholesale and retail trade and repair of motor vehicles and motorcycles were down in February 2024. (TPM/SunStar Philippines) Is gambling legal in Philippines? . Discover the 🎖️ best online casino in the Philippines and read about the available games, ⭐ top PH bonuses, mobile apps, payments and players' safety. here is how to register at an online casino site in the Philippines:

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THE Philippine delegation led by President Ferdinand Marcos Jr. has secured $1.53 billion, or P86 billion worth of investment, from 12 business deals inked during the Philippine Business Forum held on the sidelines of the Asean-Australia Special Summit in Melbourne, Australia.In his speech during the forum on Monday, March 4, 2024, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said the deals are expected to drive the investment relationships between the Philippines and Australia, and contribute to Philippine economic growth.“These agreements signify our unwavering commitment to excellence and fruitful partnerships spanning diverse sectors such as renewable energy, waste-to-energy technology, organic recycling technology, countryside housing initiatives, the establishment of data center, manufacturing of health technology solutions, and digital health services,” he said.The 12 deals are composed of 10 memoranda of understanding (MOUs) and two letters of intent.The two letters of intent covers the Biomass Fueled (Thorium Pellets) Simple-high-Temperature Gas-cooled Power Plant (STGR20 V) with a 40MW base load power to deliver a safe, sustainable, affordable, CO2 neutral, green base-load energy in the Philippines, as well as for the development of digital health services with a particular focus on Artificial Intelligence and Machine Learning to improve healthcare availability in the Philippines with a particular focus on tuberculosis and other respiratory illness, which is an expansion of the company’s current operations in the Philippines providing telemedicine services to millions of Filipinos.The MOUs cover the development, design, construction, commissioning and funding of a Tier-3 Data Center with a capacity of 30MW-40MW in the Poro Point Freeport Zone, with a land area of approximately 16 hectares; Expansion of Next-Generation Battery Manufacturing in the Philippines; deployment of decarbonization solutions comprising orchestration of renewable energy, storage, and e-mobility to New Clark City Stadium and other Bases Conversion and Development Authority (BCDA) sites to reduce energy costs, reliance on grid power, improve sustainability and achieve progress on decarbonization journey.An MOU for a collaborative partnership on the Development of an Electric Transportation Framework throughout the properties associated with BCDA in the Philippines was also signed along with the Pambansang Pabahay para sa Pilipino (4PH)/Countryside Housing Initiatives (CHI) through the Department of Human Settlements and Urban Development (DHSUD).Other MOUs cover the establishment of collection centers and a recycling facility for plastic waste in the Philippines using innovative organic recycling, synthesis of biomass and carbon utilization and material synthesis technologies from an Australian university, and exports/distribution of the resulting transparent sustainable material for Australian food and beverage companies, as well as for the manufacturing of portable, affordable, and accessible Automated External Defibrillator (AED) solutions and Distribution of portable, affordable, and accessible Automated External Defibrillator (AED) solutions.A partnership between the National Development Company (NDC), the Philippine’s leading state-owned enterprise investing in diverse industries, and an Australian company was also formed for the transfer of its waste-to-energy technology to the Philippines that converts biowaste to green fuel.The NDC looks forward to establishing a globally recognized institute in the Philippines that would be called Southeast Asia Biosecurity Institute (SABI), focused on developing more biosecurity robust supply chains across Southeast Asia that will deliver significant economic, environmental and social benefits for the region.Marcos urged more Australian businessmen to consider investing in the Philippines as he touted the country as an ideal destination for complementation in both manufacturing and services.He also highlighted the country’s steadfast commitment to purposeful reforms, which is evident in key legislative amendments, such as the Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act and the Renewable Energy Act.Macos also noted the Philippine government’s initiatives in streamlining business registration, infrastructure development, and the Comprehensive Tax Reform Program (Create Act), and the overhaul of fiscal incentive structures and responsive policies, including those facilitating public-private partnerships (PPP).He also discussed the newly established Maharlika Investment Fund, the country’s sovereign wealth fund “that underscores dedication to financing priority projects and driving socioeconomic impact.”“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments, streamline regulations, and showcase our unwavering support for businesses,” said Marcos.Marcos expressed gratitude to Australian businessmen who opened their doors for the Philippines.“I invite esteemed Australian businesses to consider the Philippines as a reliable partner that can support your expansion and operations. Let us embark on a journey of strengthened economic ties, mutual growth, and shared success,” he said.“I am hopeful that this will be complemented by other policy tools that will enhance Philippines-Australia supply chain partnerships and facilitate greater foreign direct investments. So in conclusion, let me reiterate our gratitude for your presence and active engagement in this forum. The members of my economic team will provide the support needed by your businesses for investments to continuously grow and prosper. Together with you as our Strategic Partner, we can make investments happen in the Philippines,” he added. (TPM/SunStar Philippines) Who was the first Filipino baseball player? . 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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THE Philippines’ unemployment rate has recorded a slight decrease to 3.5 percent in February 2024, while the number of employed Filipinos during the same month increased to 96.5 percent.The Philippine Statistics Authority (PSA) said on Thursday, April 11, 2024, that the country’s Labor Force Participation Rate (LFPR) or those who were either employed or unemployed went up to 50.75 million from 48.09 million individuals in January 2024.It said of the total labor force, 1.80 million were jobless while 48.95 million were employed individuals.Of the employed individuals 62.9 percent were wage and salary workers, 27.2 percent were self-employed persons without any paid employee, 7.8 percent were unpaid family members and 2.0 percent were employees in their own family-operated farm or business.The average of working hours per week of employer persons went down to 40.1 from 42.1 hours per week in January 2024.The number of underemployed individuals or those who are employed but wanted additional hours of work in their current job or to have an additional job or to have a new job with longer hours went down to 12.4 percent or 6.8 million individuals.In February 2023, the underemployment rate was at 12.9 percent and 13.9 percent in January 2024.The PSA said the services sector continued as the top sector in terms of the number of employed persons with a share of 60.6 percent of the 48.95 million employed persons. The agriculture and industry sectors accounted for 21.3 percent and 18.1 percent of the employed persons, respectively.The sub-sectors of construction, transportation and storage, administrative and support service activities, manufacturing and accommodation and food service activities were the top five in terms of annual increase in the number of employed persons. The number of employed persons in agriculture and forestry, fishing and aquaculture, public administration and defense, compulsory social security, information and communication, wholesale and retail trade and repair of motor vehicles and motorcycles were down in February 2024. (TPM/SunStar Philippines) licensed online casinos TWENTY-FOUR lot owners in the northern town of Daanbantayan, Cebu have agreed to sell their properties to the Cebu Provincial Government for the construction of a 150-megawatt (MW) solar power plant.But 26 other lot owners are still undecided.In an interview after the signing of a memorandum of agreement (MOA) with the proponent for the building of the plant, at the Capitol building on Saturday, March 16, 2024, Daanbantayan Mayor Sun Shimura told SunStar Cebu that they explained to the lot owners that the project seeks to lower electric bills in the province.Shimura said the Provincial Government is buying the properties for P130 per square meter. He said some owners own more than two lots.IncentivesHe said the governor also assured those who agree to sell that they will be exempted from paying tax, including the capital gains, transfer and documentary stamp tax.And if they want to work in the facility once it opens, they will be prioritized in the hiring, he added.Shimura said there was a plan to transfer the location of the proposed solar power plant to the third district, so the municipality, which is in the fourth district, exerted efforts to convince the lot owners to sell their properties. He said once completed, the facility will spur economic development not only in the town but also in neighboring municipalities and in Bogo City, where an economic zone has been proposed.The mayor admitted that there are a lot of owners who are hesitant to sell, which may prompt them to resort to expropriation proceedings.On Saturday, the Provincial Government signed the MOA with Consortium Acciona Energia Global and Freya Renewables Inc. for a 25-year build-transfer-operate scheme for the project.The Spain-based Acciona Energia Global and Makati-based Freya Renewables Inc. will build the solar power plant, which will be one of the largest renewable energy facilities in the country, on a 185-hectare lot in Barangay Talisay.The MOA signing was led by Gov. Gwendolyn Garcia and Vice Gov. Hilario Davide III, Ignacio Domecq of Acciona Energia Global Ltd. and Fermin Alvarez of Freya Renewables Inc.It was witnessed by Energy Secretary Raphael Lotilla, among others.Acciona Energia Global was also involved in the construction of the Cebu-Cordova Link Expressway, the longest bridge in the Philippines spanning 8.9 kilometers.Secretary’s messageAs of the moment, Shimura told SunStar Cebu, he has no information on the schedule of the civil works, adding that their involvement in the project was in the issuance of permits and talking to lot owners.Secretary Lotilla, in his speech on Saturday, said the MOA advanced the efforts of the Marcos Jr. administration to increase the country’s renewable energy portfolio.He pointed out that Cebu is the center of the transmission grid of the country, connecting the Luzon, Visayas and Mindanao grids.He said the solar power plant in Daanbantayan is a step forward for Cebu to be no longer reliant on power generation facilities from another region in case there are problems in the power cable grid.In her speech, Governor Garcia stressed the importance of the Capitol’s involvement in the energy sector to lower the price of electricity, which was why she signed the MOA with the two energy firms.She said the date of the MOA signing coincided with the arrival of the Spaniards in the archipelago 500 years ago, but his time as investors, not conquerors.The governor added that civil works will take only a year and a half.In a Facebook post on Thursday, March 14, Vice Governor Davide said the Provincial Board authorized Garcia to sign the contract on Monday, March 11.Although there was no mention of the project’s total cost, Solar Philippines president Leandro Leviste said in 2017 that the cost to put up a solar plant was equivalent to US$1 million per MW. (EHP)

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THE Philippines’ unemployment rate has recorded a slight decrease to 3.5 percent in February 2024, while the number of employed Filipinos during the same month increased to 96.5 percent.The Philippine Statistics Authority (PSA) said on Thursday, April 11, 2024, that the country’s Labor Force Participation Rate (LFPR) or those who were either employed or unemployed went up to 50.75 million from 48.09 million individuals in January 2024.It said of the total labor force, 1.80 million were jobless while 48.95 million were employed individuals.Of the employed individuals 62.9 percent were wage and salary workers, 27.2 percent were self-employed persons without any paid employee, 7.8 percent were unpaid family members and 2.0 percent were employees in their own family-operated farm or business.The average of working hours per week of employer persons went down to 40.1 from 42.1 hours per week in January 2024.The number of underemployed individuals or those who are employed but wanted additional hours of work in their current job or to have an additional job or to have a new job with longer hours went down to 12.4 percent or 6.8 million individuals.In February 2023, the underemployment rate was at 12.9 percent and 13.9 percent in January 2024.The PSA said the services sector continued as the top sector in terms of the number of employed persons with a share of 60.6 percent of the 48.95 million employed persons. The agriculture and industry sectors accounted for 21.3 percent and 18.1 percent of the employed persons, respectively.The sub-sectors of construction, transportation and storage, administrative and support service activities, manufacturing and accommodation and food service activities were the top five in terms of annual increase in the number of employed persons. The number of employed persons in agriculture and forestry, fishing and aquaculture, public administration and defense, compulsory social security, information and communication, wholesale and retail trade and repair of motor vehicles and motorcycles were down in February 2024. (TPM/SunStar Philippines) Is gambling legal in Philippines?

Some of the most important trends revolve around the changes to the legalisation of online gambling for offshore operators, with President Rodrigo Duterte cracking down on illegal operations in recent years. Otherwise, we’ve identified that the growth in the land-based gambling industry has resulted in job creation for locals, with more than half of all employees in the entertainment sector being employed for gambling and betting activities.

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