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FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA).The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr. “This is certainly a welcome development for this long overdue project. NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience. The NAIA PPP project has been in the works for three decades, spanning six administrations. It has finally turned into a reality under the Marcos Jr. administration,” Recto said.With an estimated project cost of P170.6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway.A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process.The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board.The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023. The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history.The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year. This capacity was breached as early as 2015 when NAIA serviced 36.7 million passengers and 47.9 million during peak.Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion.On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82.16 percent of future gross revenues with the government –– passenger service charges not included.The Consortium comprises San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities.According to the DOTr, the concessionaire will begin operating the airport in three to six months. The public can expect service improvements as early as the first year of operations.The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments.The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction.The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years. This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22.05 billion.The total capital outlay for NAIA from the MIAA corporate operating budget was P13.56 billion from 2012 to 2022. Only P8.26 billion of this amount was disbursed during the said period.The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82.16 percent National Government revenue share, excluding passenger service charges. (PR) Find the Best Casino Games Philippines THE Commission on Elections (Comelec) has designated two hours in the morning exclusively for senior citizens, persons with disabilities (PWD), and pregnant women to cast their votes for the 2025 midterm elections, Comelec chairman George Garcia said Wednesday, March 13, 2024.In an interview with reporters in Quezon City, Garcia said that from 5 a.m. to 7 a.m., only senior citizens, PWDs, and pregnant women would be allowed to cast their votes at all polling precincts nationwide, segregating them from the larger crowd.However, he said this does not mean that they will no longer be allowed to vote beyond the said hours.“Lahat po ng mga presinto sa buong Pilipinas boboto ang mga nakatatanda, may mga kapansanan at nagdadalang tao ng 5 a.m. hanggang 7 a.m., exclusive sa kanila,” said Garcia.(All precincts across the Philippines will allow the elderly, persons with disabilities, and pregnant women to vote exclusively from 5 a.m. to 7 a.m.)“Pero hindi po nangangahulugan na kung ayaw man ng iba na bumoto ng ganung oras pwede pa rin silang bumoto sa regular na oras po,” he added.(But it does not mean that if others do not want to vote at that time, they can still vote during the regular hours.)Garcia said senior citizens and PWDs are also being given the option to cast their votes in Emergency Accessible Polling Places (EAPP), which are situated on the ground floor of the polling precincts.The Comelec said around 12 million senior citizens and 600,000 PWDs will exercise their right to suffrage during the midterm polls in May 2025.Garcia noted the importance of bringing voter registration closer to the people as he led the opening of Special Satellite Registration for Senior Citizens and PWDs in Quezon City.As of Wednesday, Garcia said 1.3 million new voters have registered ahead of the upcoming election.“It appears that we will be exceeding our estimate of 3 million,” he said.The voter registration will run until September 30. (TPM/SunStar Philippines)

THE Commission on Elections (Comelec) has designated two hours in the morning exclusively for senior citizens, persons with disabilities (PWD), and pregnant women to cast their votes for the 2025 midterm elections, Comelec chairman George Garcia said Wednesday, March 13, 2024.In an interview with reporters in Quezon City, Garcia said that from 5 a.m. to 7 a.m., only senior citizens, PWDs, and pregnant women would be allowed to cast their votes at all polling precincts nationwide, segregating them from the larger crowd.However, he said this does not mean that they will no longer be allowed to vote beyond the said hours.“Lahat po ng mga presinto sa buong Pilipinas boboto ang mga nakatatanda, may mga kapansanan at nagdadalang tao ng 5 a.m. hanggang 7 a.m., exclusive sa kanila,” said Garcia.(All precincts across the Philippines will allow the elderly, persons with disabilities, and pregnant women to vote exclusively from 5 a.m. to 7 a.m.)“Pero hindi po nangangahulugan na kung ayaw man ng iba na bumoto ng ganung oras pwede pa rin silang bumoto sa regular na oras po,” he added.(But it does not mean that if others do not want to vote at that time, they can still vote during the regular hours.)Garcia said senior citizens and PWDs are also being given the option to cast their votes in Emergency Accessible Polling Places (EAPP), which are situated on the ground floor of the polling precincts.The Comelec said around 12 million senior citizens and 600,000 PWDs will exercise their right to suffrage during the midterm polls in May 2025.Garcia noted the importance of bringing voter registration closer to the people as he led the opening of Special Satellite Registration for Senior Citizens and PWDs in Quezon City.As of Wednesday, Garcia said 1.3 million new voters have registered ahead of the upcoming election.“It appears that we will be exceeding our estimate of 3 million,” he said.The voter registration will run until September 30. (TPM/SunStar Philippines) Philippines Casinos and Philippines Gambling PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines)

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PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines) Philippines Casinos and Philippines Gambling FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA).The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr. “This is certainly a welcome development for this long overdue project. NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience. The NAIA PPP project has been in the works for three decades, spanning six administrations. It has finally turned into a reality under the Marcos Jr. administration,” Recto said.With an estimated project cost of P170.6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway.A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process.The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board.The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023. The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history.The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year. This capacity was breached as early as 2015 when NAIA serviced 36.7 million passengers and 47.9 million during peak.Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion.On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82.16 percent of future gross revenues with the government –– passenger service charges not included.The Consortium comprises San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities.According to the DOTr, the concessionaire will begin operating the airport in three to six months. The public can expect service improvements as early as the first year of operations.The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments.The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction.The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years. This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22.05 billion.The total capital outlay for NAIA from the MIAA corporate operating budget was P13.56 billion from 2012 to 2022. Only P8.26 billion of this amount was disbursed during the said period.The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82.16 percent National Government revenue share, excluding passenger service charges. (PR)

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FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA).The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr. “This is certainly a welcome development for this long overdue project. NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience. The NAIA PPP project has been in the works for three decades, spanning six administrations. It has finally turned into a reality under the Marcos Jr. administration,” Recto said.With an estimated project cost of P170.6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway.A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process.The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board.The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023. The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history.The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year. This capacity was breached as early as 2015 when NAIA serviced 36.7 million passengers and 47.9 million during peak.Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion.On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82.16 percent of future gross revenues with the government –– passenger service charges not included.The Consortium comprises San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities.According to the DOTr, the concessionaire will begin operating the airport in three to six months. The public can expect service improvements as early as the first year of operations.The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments.The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction.The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years. This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22.05 billion.The total capital outlay for NAIA from the MIAA corporate operating budget was P13.56 billion from 2012 to 2022. Only P8.26 billion of this amount was disbursed during the said period.The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82.16 percent National Government revenue share, excluding passenger service charges. (PR), check the following table to see what categories most online casinos in the Philippines fit in.

THE Commission on Elections (Comelec) has designated two hours in the morning exclusively for senior citizens, persons with disabilities (PWD), and pregnant women to cast their votes for the 2025 midterm elections, Comelec chairman George Garcia said Wednesday, March 13, 2024.In an interview with reporters in Quezon City, Garcia said that from 5 a.m. to 7 a.m., only senior citizens, PWDs, and pregnant women would be allowed to cast their votes at all polling precincts nationwide, segregating them from the larger crowd.However, he said this does not mean that they will no longer be allowed to vote beyond the said hours.“Lahat po ng mga presinto sa buong Pilipinas boboto ang mga nakatatanda, may mga kapansanan at nagdadalang tao ng 5 a.m. hanggang 7 a.m., exclusive sa kanila,” said Garcia.(All precincts across the Philippines will allow the elderly, persons with disabilities, and pregnant women to vote exclusively from 5 a.m. to 7 a.m.)“Pero hindi po nangangahulugan na kung ayaw man ng iba na bumoto ng ganung oras pwede pa rin silang bumoto sa regular na oras po,” he added.(But it does not mean that if others do not want to vote at that time, they can still vote during the regular hours.)Garcia said senior citizens and PWDs are also being given the option to cast their votes in Emergency Accessible Polling Places (EAPP), which are situated on the ground floor of the polling precincts.The Comelec said around 12 million senior citizens and 600,000 PWDs will exercise their right to suffrage during the midterm polls in May 2025.Garcia noted the importance of bringing voter registration closer to the people as he led the opening of Special Satellite Registration for Senior Citizens and PWDs in Quezon City.As of Wednesday, Garcia said 1.3 million new voters have registered ahead of the upcoming election.“It appears that we will be exceeding our estimate of 3 million,” he said.The voter registration will run until September 30. (TPM/SunStar Philippines) Find the Best Casino Games . Find out the specifics to casino promotions in our dedicated PH online casino bonuses article and get the lowdown on the different rewards, Your dedicated is Win the money! here is how to register at an online casino site in the Philippines:

FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA).The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr. “This is certainly a welcome development for this long overdue project. NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience. The NAIA PPP project has been in the works for three decades, spanning six administrations. It has finally turned into a reality under the Marcos Jr. administration,” Recto said.With an estimated project cost of P170.6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway.A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process.The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board.The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023. The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history.The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year. This capacity was breached as early as 2015 when NAIA serviced 36.7 million passengers and 47.9 million during peak.Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion.On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82.16 percent of future gross revenues with the government –– passenger service charges not included.The Consortium comprises San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities.According to the DOTr, the concessionaire will begin operating the airport in three to six months. The public can expect service improvements as early as the first year of operations.The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments.The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction.The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years. This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22.05 billion.The total capital outlay for NAIA from the MIAA corporate operating budget was P13.56 billion from 2012 to 2022. Only P8.26 billion of this amount was disbursed during the said period.The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82.16 percent National Government revenue share, excluding passenger service charges. (PR) Philippines Casinos and Philippines Gambling . 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 Commission on Elections (Comelec) has designated two hours in the morning exclusively for senior citizens, persons with disabilities (PWD), and pregnant women to cast their votes for the 2025 midterm elections, Comelec chairman George Garcia said Wednesday, March 13, 2024.In an interview with reporters in Quezon City, Garcia said that from 5 a.m. to 7 a.m., only senior citizens, PWDs, and pregnant women would be allowed to cast their votes at all polling precincts nationwide, segregating them from the larger crowd.However, he said this does not mean that they will no longer be allowed to vote beyond the said hours.“Lahat po ng mga presinto sa buong Pilipinas boboto ang mga nakatatanda, may mga kapansanan at nagdadalang tao ng 5 a.m. hanggang 7 a.m., exclusive sa kanila,” said Garcia.(All precincts across the Philippines will allow the elderly, persons with disabilities, and pregnant women to vote exclusively from 5 a.m. to 7 a.m.)“Pero hindi po nangangahulugan na kung ayaw man ng iba na bumoto ng ganung oras pwede pa rin silang bumoto sa regular na oras po,” he added.(But it does not mean that if others do not want to vote at that time, they can still vote during the regular hours.)Garcia said senior citizens and PWDs are also being given the option to cast their votes in Emergency Accessible Polling Places (EAPP), which are situated on the ground floor of the polling precincts.The Comelec said around 12 million senior citizens and 600,000 PWDs will exercise their right to suffrage during the midterm polls in May 2025.Garcia noted the importance of bringing voter registration closer to the people as he led the opening of Special Satellite Registration for Senior Citizens and PWDs in Quezon City.As of Wednesday, Garcia said 1.3 million new voters have registered ahead of the upcoming election.“It appears that we will be exceeding our estimate of 3 million,” he said.The voter registration will run until September 30. (TPM/SunStar Philippines) licensed online casinos PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines)

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THE Commission on Elections (Comelec) has designated two hours in the morning exclusively for senior citizens, persons with disabilities (PWD), and pregnant women to cast their votes for the 2025 midterm elections, Comelec chairman George Garcia said Wednesday, March 13, 2024.In an interview with reporters in Quezon City, Garcia said that from 5 a.m. to 7 a.m., only senior citizens, PWDs, and pregnant women would be allowed to cast their votes at all polling precincts nationwide, segregating them from the larger crowd.However, he said this does not mean that they will no longer be allowed to vote beyond the said hours.“Lahat po ng mga presinto sa buong Pilipinas boboto ang mga nakatatanda, may mga kapansanan at nagdadalang tao ng 5 a.m. hanggang 7 a.m., exclusive sa kanila,” said Garcia.(All precincts across the Philippines will allow the elderly, persons with disabilities, and pregnant women to vote exclusively from 5 a.m. to 7 a.m.)“Pero hindi po nangangahulugan na kung ayaw man ng iba na bumoto ng ganung oras pwede pa rin silang bumoto sa regular na oras po,” he added.(But it does not mean that if others do not want to vote at that time, they can still vote during the regular hours.)Garcia said senior citizens and PWDs are also being given the option to cast their votes in Emergency Accessible Polling Places (EAPP), which are situated on the ground floor of the polling precincts.The Comelec said around 12 million senior citizens and 600,000 PWDs will exercise their right to suffrage during the midterm polls in May 2025.Garcia noted the importance of bringing voter registration closer to the people as he led the opening of Special Satellite Registration for Senior Citizens and PWDs in Quezon City.As of Wednesday, Garcia said 1.3 million new voters have registered ahead of the upcoming election.“It appears that we will be exceeding our estimate of 3 million,” he said.The voter registration will run until September 30. (TPM/SunStar Philippines) Find the Best Casino Games

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