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

THE Philippine Economic Zone Authority (Peza) has approved a total of P14.951 billion worth of investments in the first quarter of 2024.At a media forum on Saturday, March 16, 2024, Peza Director General Tereso Panga said there was a 19.25 percent increase in the amount of approved investments for the first three months of the year compared to the same period in 2023, which amounted to P12.537 billion.In March alone, approved investments totaled P2.845 billion, marking a 21.8 percent increase compared to March 2023, which stood at P2.343 billionPanga also said that half of these investments resulted from the foreign trips of President Ferdinand Marcos Jr.He noted that the foreign trips of the President have attracted more investments, with the latest from Germany and the Czech Republic. He said that based on Peza’s running of figures, it could easily be at 43 percent of its P175.7 billion, or roughly P75 billion.Panga said the country achieved a 25 percent increase in investment rate or P175.7 billion in 2023, from a P140.7 billion base figure in 2022.Panga said all Peza’s current indicators are up for exports and employment, manifesting the Philippines’ upward trajectory for 2024, which is something that is expected for the year and onwards because of its excellent gross domestic product (GDP) performance since 2022.“The Philippines happens to have the highest GDP growth rate in ASEAN since ’22 po – for three years in a row now. That makes the Philippines one of the best-performing economies in the region,” he said.Panga also noted the country’s recovery from the Covid-19 pandemic, which accelerated during the second half of the Marcos administration, resulting in a 103 percent increase in investments.Peza, which was created in 1995, is the government agency designating areas all over the Philippines as economic zones.Peza has 422 operating economic zones covering manufacturing, agri-industrial, tourism, Information Technology and Business Process Management (IT-BPM), with all of the operating economic zones becoming home to more than 4,300 export-oriented locator companies.Peza is a big contributor to the economy -- almost 17 percent of the country’s GDP -- the Peza official said, noting more than 50 to 60 percent of the country’s total exports of goods and services come from the locators alone. (TPM/SunStar Philippines) The Most Popular Sports in the Philippines CEBU City Mayor Michael Rama has expressed displeasure at the call of Cebu Gov. Gwendolyn Garcia and her nephew, Cebu City Vice Mayor Raymond Alvin Garcia, to stop the civil works on the Cebu Bus Rapid Transit (CBRT) project on Osmeña Blvd., saying the governor should not meddle in the city’s project. “Dili mang hilabot ug mag-apil-apil ang gobernador bisan memo na iyang gibuhat. Ang BRT dili man na mahimo nga way apil ang siyudad,” Rama said on City Hall’s program “Ingna’ng Mayor” Thursday, Feb. 29, 2024.(The governor should not meddle, even if it is a memo that she made. For the BRT, it cannot be that the City Government is not involved.)Last Tuesday, the governor had issued Memorandum 16-2024, ordering contractor Hunan Road and Bridge Construction Group Ltd. to stop the construction of bus stations on Province-owned lots on Osmeña Blvd. The governor said the project’s proponents had not secured authorization from the National Historical Commission of the Philippines (NHCP) for the construction of the bus stations and that the construction could potentially violate the Philippine Heritage Law for being conducted within the buffer zones of the Capitol Building and the Fuente Osmeña Rotunda, both of which could qualify as heritage zones.Rama said enough is enough, saying that the Capitol should not meddle in the city’s projects. “Katong Sinulog, niutong ko, apan karon, wala nay utongay. Atubangay ta,” Rama said.(During the Sinulog, I just restrained myself, but now, no longer. We will confront each other now.)Ahead of the staging of the Sinulog Festival last January, the governor had called for the return of the Sinulog to the Cebu City Sports Center, with Vice Mayor Garcia publicly announcing his support for this alternative, going against the position of Rama to hold the festival in the South Road Properties.Rama said the role of a governor is to make a clear position whether “makig-kontra o makig-away (to make enemies or to pick quarrels).”On the same day, the Cebu Provincial Government’s legal officer Donato Villa said it is the right of the Capitol to protect its heritage.Treachery Rama said the move of his vice mayor, Garcia, to meet with his aunt Governor Garcia with some city officials, and discuss matters about the CBRT, was a stab in the back of the mayor.“Wala koy kalibutan nga gatigum sila didto. Treachery na para nako...gibuko-buko ko. Kombuya man na,” Rama said. (I had no idea that they had a meeting. For me, that’s treachery. I was stabbed in the back. That’s connivance.)In his meeting with the legislative body Wednesday night, Feb. 28, Rama said he expressed his displeasure, saying, “Wala ko kauyon sa privilege speech.” (I don’t approve of that privilege speech.)Last Wednesday, Vice Mayor Garcia had delivered a privilege speech during the regular session of the Cebu City Council requesting the Office of the Building Official (OBO) to issue a cease and desist order (CDO) against the CBRT contractor as he sought a better design for the bus stations that could be proposed to the appropriate bodies, including the National Commission for Culture and the Arts, the Cultural and Historical Affairs Commission (Chac) of Cebu City, and the Cebu City Council.Rama explained that it is also his concern because he is always for the preservation of heritage.In his speech, Garcia also urged Chac to collaborate with their counterparts in the Province of Cebu to explore alternative designs, ensuring they are more complimentary and in conformity with existing laws and policies.Rama said he was unhappy with Garcia’s privilege speech, saying that he did not even like the Capitol’s issuing of the memorandum.He said the matters raised in Garcia’s speech could have been discussed privately, as Garcia and the rest of the council could always have an emergency meeting with him.Are you with me? Asked about his relationship with the vice mayor, Rama said not to push him to do something, saying that he is giving them the freedom.“Are you now manifesting? Nanayaw ra ba mo ... kuyog sa Probinsya. (You danced together with the Province.) Tell me, straight in the eye, are you with me, or are you forming a group?” Rama said.Asked if VM Garcia would run against him in 2025, Rama said he could not do anything if Garcia, or even the dog of arch rival Tomas Osmeña, would run against him.Just two weeks ago, Rama and Garcia had announced that they would run for reelection as a tandem in 2025. Sought for comment on not consulting Rama about his privilege speech, Vice Mayor Garcia said it was Rama who wanted to bring up the matter to the Chac in a meeting to be held next week.Vice Mayor Garcia said the issue at hand could not wait any longer and that is why he acted on it. So assuming that he and Chac would have the same position, he delivered the speech.“Di na ta makahuwat for the executive to act kay makita na man gyud nimo nga naa na man gyud poste nga silver nga tua na didto. Nagsugod na gyud og construction ang ilang bus station,” VM Garcia said.(We can no longer wait for the executive to act because we can already see the silver posts that they are building. They have already started the construction of their bus station.)Under the circumstances, he saw it fit to make a privilege speech requesting the OBO to issue a CDO immediately.The vice mayor said there was nothing to worry about because both of them had the same passion and love for heritage. He said Rama was just being emotional about it but not mad about the council making a position.Lot owner In a press conference on Thursday, Cebu Provincial Legal Officer Villa said the Capitol’s order to halt the works on the CBRT on Osmeña Blvd. from the Cebu Capitol building to the Fuente Osmeña Circle, represented its stand as the owner of the road lots where the project was situated.Villa said the bus station of the CBRT in front of the Capitol building, as currently designed, blocks the view of cultural and heritage sites, namely the Capitol building and the Fuente Osmeña Circle. This was a clear violation of Republic Act 10066, or the National Cultural Heritage Act of 2009, which mandates the protection, conservation and preservation of the national cultural heritage. “This is a violation of the right of the Province, particularly on its cultural heritage, wherein it is affected by that particular structure,” Villa said, about the concerns raised on the CBRT as one of the priority projects of the national government. “It is the right of the Province... to issue a cease and desist order (against anybody causing us harm),” Villa added. Section 49 of RA 10066 states that upon conviction, the violators are subject to fines of at least P200,000 and/or imprisonment of 10 years, Villa said.When asked if Capitol would pursue legal remedies, Villa said this is not yet the Provincial Government’s position unless the contractor refuses to heed the CDO of the governor. Heritage On the question of the general public “Why now?” when this portion of the project is almost complete, Dr. Jose Eleazar Bersales, a member of the National Commission for Culture and the Arts (NCCA), explained during the same conference that they were only recently made aware of the design of the bus station. Bersales was referring to the tall leaf-like structure located in front of the Capitol Building. Last week, he observed that the design of these structures, once finished, would potentially block the view of the Capitol Building from Fuente Osmeña Rotunda. The modern design of the bus station would also clash with the neoclassical to art deco style of the Capitol Building, Bersales added. This prompted him to send letters to the governor for immediate attention. Bersales is the Capitol consultant on museums and heritage. He added that the Principle of Vista Corridor, in terms of cultural and heritage protection, applies to the Capitol Building and the Fuente Osmeña Circle. The Vista Corridor principle refers to the unhampered or unimpeded visual setting and physical integrity of a heritage property. Therefore, Bersales emphasized, “no other structure” must blemish the visual space, the line of sight and the appearance of the Capitol vis-a-vis Fuente Osmeña including Osmeña Blvd. He argued that these road lots or the corridor have been a place of historical significance to Cebu, as this has been a location of key events in the past, including the procession of the 51st International Eucharistic Congress in 2016, the 1954 Marian Year procession, the Grand Victory March after World War 2 in 1945, and as landing field for Catalina-type aircraft during the Liberation of Cebu in April 1945. He added that the Capitol building is a National Historical Landmark and has Grade One level protection, the highest among the levels of protection for any heritage site under RA 10066. Therefore, Bersales argued, any construction within these lots requires NCCA or the National Historical Commission of the Philippines (NHCP) approval as mandated under RA 10066, which mandates the protection of structures 50 years and older.However, since there is no record of any design and plan submitted to NCCA regarding the bus station on the Province-owned lot, this constitutes a violation on the part of the proponent. For the project to proceed, the proponent of the CBRT has to come up with a new design plan and submit it to the NCCA and NHCP for approval. “Yes, but if the Province has a different position altogether to scrap the entire project that is another discussion. But in so far as the heritage is concerned, that is an important issue that first has to be answered now,” Bersales added. Photos, videoThe groundbreaking of the CBRT took place on Feb. 27, 2023. But photos of the bus stations featuring the large leaf pattern were uploaded on the Cebu Bus Rapid Transit Facebook page as early as June 2, 2022.They were posted again in September 2023 with the Department of Transportation making a call for feedback and suggestions on the project. A video of the bus stations was also posted on Aug. 14, 2023.

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CEBU City Mayor Michael Rama has expressed displeasure at the call of Cebu Gov. Gwendolyn Garcia and her nephew, Cebu City Vice Mayor Raymond Alvin Garcia, to stop the civil works on the Cebu Bus Rapid Transit (CBRT) project on Osmeña Blvd., saying the governor should not meddle in the city’s project. “Dili mang hilabot ug mag-apil-apil ang gobernador bisan memo na iyang gibuhat. Ang BRT dili man na mahimo nga way apil ang siyudad,” Rama said on City Hall’s program “Ingna’ng Mayor” Thursday, Feb. 29, 2024.(The governor should not meddle, even if it is a memo that she made. For the BRT, it cannot be that the City Government is not involved.)Last Tuesday, the governor had issued Memorandum 16-2024, ordering contractor Hunan Road and Bridge Construction Group Ltd. to stop the construction of bus stations on Province-owned lots on Osmeña Blvd. The governor said the project’s proponents had not secured authorization from the National Historical Commission of the Philippines (NHCP) for the construction of the bus stations and that the construction could potentially violate the Philippine Heritage Law for being conducted within the buffer zones of the Capitol Building and the Fuente Osmeña Rotunda, both of which could qualify as heritage zones.Rama said enough is enough, saying that the Capitol should not meddle in the city’s projects. “Katong Sinulog, niutong ko, apan karon, wala nay utongay. Atubangay ta,” Rama said.(During the Sinulog, I just restrained myself, but now, no longer. We will confront each other now.)Ahead of the staging of the Sinulog Festival last January, the governor had called for the return of the Sinulog to the Cebu City Sports Center, with Vice Mayor Garcia publicly announcing his support for this alternative, going against the position of Rama to hold the festival in the South Road Properties.Rama said the role of a governor is to make a clear position whether “makig-kontra o makig-away (to make enemies or to pick quarrels).”On the same day, the Cebu Provincial Government’s legal officer Donato Villa said it is the right of the Capitol to protect its heritage.Treachery Rama said the move of his vice mayor, Garcia, to meet with his aunt Governor Garcia with some city officials, and discuss matters about the CBRT, was a stab in the back of the mayor.“Wala koy kalibutan nga gatigum sila didto. Treachery na para nako...gibuko-buko ko. Kombuya man na,” Rama said. (I had no idea that they had a meeting. For me, that’s treachery. I was stabbed in the back. That’s connivance.)In his meeting with the legislative body Wednesday night, Feb. 28, Rama said he expressed his displeasure, saying, “Wala ko kauyon sa privilege speech.” (I don’t approve of that privilege speech.)Last Wednesday, Vice Mayor Garcia had delivered a privilege speech during the regular session of the Cebu City Council requesting the Office of the Building Official (OBO) to issue a cease and desist order (CDO) against the CBRT contractor as he sought a better design for the bus stations that could be proposed to the appropriate bodies, including the National Commission for Culture and the Arts, the Cultural and Historical Affairs Commission (Chac) of Cebu City, and the Cebu City Council.Rama explained that it is also his concern because he is always for the preservation of heritage.In his speech, Garcia also urged Chac to collaborate with their counterparts in the Province of Cebu to explore alternative designs, ensuring they are more complimentary and in conformity with existing laws and policies.Rama said he was unhappy with Garcia’s privilege speech, saying that he did not even like the Capitol’s issuing of the memorandum.He said the matters raised in Garcia’s speech could have been discussed privately, as Garcia and the rest of the council could always have an emergency meeting with him.Are you with me? Asked about his relationship with the vice mayor, Rama said not to push him to do something, saying that he is giving them the freedom.“Are you now manifesting? Nanayaw ra ba mo ... kuyog sa Probinsya. (You danced together with the Province.) Tell me, straight in the eye, are you with me, or are you forming a group?” Rama said.Asked if VM Garcia would run against him in 2025, Rama said he could not do anything if Garcia, or even the dog of arch rival Tomas Osmeña, would run against him.Just two weeks ago, Rama and Garcia had announced that they would run for reelection as a tandem in 2025. Sought for comment on not consulting Rama about his privilege speech, Vice Mayor Garcia said it was Rama who wanted to bring up the matter to the Chac in a meeting to be held next week.Vice Mayor Garcia said the issue at hand could not wait any longer and that is why he acted on it. So assuming that he and Chac would have the same position, he delivered the speech.“Di na ta makahuwat for the executive to act kay makita na man gyud nimo nga naa na man gyud poste nga silver nga tua na didto. Nagsugod na gyud og construction ang ilang bus station,” VM Garcia said.(We can no longer wait for the executive to act because we can already see the silver posts that they are building. They have already started the construction of their bus station.)Under the circumstances, he saw it fit to make a privilege speech requesting the OBO to issue a CDO immediately.The vice mayor said there was nothing to worry about because both of them had the same passion and love for heritage. He said Rama was just being emotional about it but not mad about the council making a position.Lot owner In a press conference on Thursday, Cebu Provincial Legal Officer Villa said the Capitol’s order to halt the works on the CBRT on Osmeña Blvd. from the Cebu Capitol building to the Fuente Osmeña Circle, represented its stand as the owner of the road lots where the project was situated.Villa said the bus station of the CBRT in front of the Capitol building, as currently designed, blocks the view of cultural and heritage sites, namely the Capitol building and the Fuente Osmeña Circle. This was a clear violation of Republic Act 10066, or the National Cultural Heritage Act of 2009, which mandates the protection, conservation and preservation of the national cultural heritage. “This is a violation of the right of the Province, particularly on its cultural heritage, wherein it is affected by that particular structure,” Villa said, about the concerns raised on the CBRT as one of the priority projects of the national government. “It is the right of the Province... to issue a cease and desist order (against anybody causing us harm),” Villa added. Section 49 of RA 10066 states that upon conviction, the violators are subject to fines of at least P200,000 and/or imprisonment of 10 years, Villa said.When asked if Capitol would pursue legal remedies, Villa said this is not yet the Provincial Government’s position unless the contractor refuses to heed the CDO of the governor. Heritage On the question of the general public “Why now?” when this portion of the project is almost complete, Dr. Jose Eleazar Bersales, a member of the National Commission for Culture and the Arts (NCCA), explained during the same conference that they were only recently made aware of the design of the bus station. Bersales was referring to the tall leaf-like structure located in front of the Capitol Building. Last week, he observed that the design of these structures, once finished, would potentially block the view of the Capitol Building from Fuente Osmeña Rotunda. The modern design of the bus station would also clash with the neoclassical to art deco style of the Capitol Building, Bersales added. This prompted him to send letters to the governor for immediate attention. Bersales is the Capitol consultant on museums and heritage. He added that the Principle of Vista Corridor, in terms of cultural and heritage protection, applies to the Capitol Building and the Fuente Osmeña Circle. The Vista Corridor principle refers to the unhampered or unimpeded visual setting and physical integrity of a heritage property. Therefore, Bersales emphasized, “no other structure” must blemish the visual space, the line of sight and the appearance of the Capitol vis-a-vis Fuente Osmeña including Osmeña Blvd. He argued that these road lots or the corridor have been a place of historical significance to Cebu, as this has been a location of key events in the past, including the procession of the 51st International Eucharistic Congress in 2016, the 1954 Marian Year procession, the Grand Victory March after World War 2 in 1945, and as landing field for Catalina-type aircraft during the Liberation of Cebu in April 1945. He added that the Capitol building is a National Historical Landmark and has Grade One level protection, the highest among the levels of protection for any heritage site under RA 10066. Therefore, Bersales argued, any construction within these lots requires NCCA or the National Historical Commission of the Philippines (NHCP) approval as mandated under RA 10066, which mandates the protection of structures 50 years and older.However, since there is no record of any design and plan submitted to NCCA regarding the bus station on the Province-owned lot, this constitutes a violation on the part of the proponent. For the project to proceed, the proponent of the CBRT has to come up with a new design plan and submit it to the NCCA and NHCP for approval. “Yes, but if the Province has a different position altogether to scrap the entire project that is another discussion. But in so far as the heritage is concerned, that is an important issue that first has to be answered now,” Bersales added. Photos, videoThe groundbreaking of the CBRT took place on Feb. 27, 2023. But photos of the bus stations featuring the large leaf pattern were uploaded on the Cebu Bus Rapid Transit Facebook page as early as June 2, 2022.They were posted again in September 2023 with the Department of Transportation making a call for feedback and suggestions on the project. A video of the bus stations was also posted on Aug. 14, 2023. The Most Popular Sports in the Philippines 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.

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

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) The Most Popular Sports in the Philippines . 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 Philippine Economic Zone Authority (Peza) has approved a total of P14.951 billion worth of investments in the first quarter of 2024.At a media forum on Saturday, March 16, 2024, Peza Director General Tereso Panga said there was a 19.25 percent increase in the amount of approved investments for the first three months of the year compared to the same period in 2023, which amounted to P12.537 billion.In March alone, approved investments totaled P2.845 billion, marking a 21.8 percent increase compared to March 2023, which stood at P2.343 billionPanga also said that half of these investments resulted from the foreign trips of President Ferdinand Marcos Jr.He noted that the foreign trips of the President have attracted more investments, with the latest from Germany and the Czech Republic. He said that based on Peza’s running of figures, it could easily be at 43 percent of its P175.7 billion, or roughly P75 billion.Panga said the country achieved a 25 percent increase in investment rate or P175.7 billion in 2023, from a P140.7 billion base figure in 2022.Panga said all Peza’s current indicators are up for exports and employment, manifesting the Philippines’ upward trajectory for 2024, which is something that is expected for the year and onwards because of its excellent gross domestic product (GDP) performance since 2022.“The Philippines happens to have the highest GDP growth rate in ASEAN since ’22 po – for three years in a row now. That makes the Philippines one of the best-performing economies in the region,” he said.Panga also noted the country’s recovery from the Covid-19 pandemic, which accelerated during the second half of the Marcos administration, resulting in a 103 percent increase in investments.Peza, which was created in 1995, is the government agency designating areas all over the Philippines as economic zones.Peza has 422 operating economic zones covering manufacturing, agri-industrial, tourism, Information Technology and Business Process Management (IT-BPM), with all of the operating economic zones becoming home to more than 4,300 export-oriented locator companies.Peza is a big contributor to the economy -- almost 17 percent of the country’s GDP -- the Peza official said, noting more than 50 to 60 percent of the country’s total exports of goods and services come from the locators alone. (TPM/SunStar Philippines) licensed online casinos CEBU City Mayor Michael Rama has expressed displeasure at the call of Cebu Gov. Gwendolyn Garcia and her nephew, Cebu City Vice Mayor Raymond Alvin Garcia, to stop the civil works on the Cebu Bus Rapid Transit (CBRT) project on Osmeña Blvd., saying the governor should not meddle in the city’s project. “Dili mang hilabot ug mag-apil-apil ang gobernador bisan memo na iyang gibuhat. Ang BRT dili man na mahimo nga way apil ang siyudad,” Rama said on City Hall’s program “Ingna’ng Mayor” Thursday, Feb. 29, 2024.(The governor should not meddle, even if it is a memo that she made. For the BRT, it cannot be that the City Government is not involved.)Last Tuesday, the governor had issued Memorandum 16-2024, ordering contractor Hunan Road and Bridge Construction Group Ltd. to stop the construction of bus stations on Province-owned lots on Osmeña Blvd. The governor said the project’s proponents had not secured authorization from the National Historical Commission of the Philippines (NHCP) for the construction of the bus stations and that the construction could potentially violate the Philippine Heritage Law for being conducted within the buffer zones of the Capitol Building and the Fuente Osmeña Rotunda, both of which could qualify as heritage zones.Rama said enough is enough, saying that the Capitol should not meddle in the city’s projects. “Katong Sinulog, niutong ko, apan karon, wala nay utongay. Atubangay ta,” Rama said.(During the Sinulog, I just restrained myself, but now, no longer. We will confront each other now.)Ahead of the staging of the Sinulog Festival last January, the governor had called for the return of the Sinulog to the Cebu City Sports Center, with Vice Mayor Garcia publicly announcing his support for this alternative, going against the position of Rama to hold the festival in the South Road Properties.Rama said the role of a governor is to make a clear position whether “makig-kontra o makig-away (to make enemies or to pick quarrels).”On the same day, the Cebu Provincial Government’s legal officer Donato Villa said it is the right of the Capitol to protect its heritage.Treachery Rama said the move of his vice mayor, Garcia, to meet with his aunt Governor Garcia with some city officials, and discuss matters about the CBRT, was a stab in the back of the mayor.“Wala koy kalibutan nga gatigum sila didto. Treachery na para nako...gibuko-buko ko. Kombuya man na,” Rama said. (I had no idea that they had a meeting. For me, that’s treachery. I was stabbed in the back. That’s connivance.)In his meeting with the legislative body Wednesday night, Feb. 28, Rama said he expressed his displeasure, saying, “Wala ko kauyon sa privilege speech.” (I don’t approve of that privilege speech.)Last Wednesday, Vice Mayor Garcia had delivered a privilege speech during the regular session of the Cebu City Council requesting the Office of the Building Official (OBO) to issue a cease and desist order (CDO) against the CBRT contractor as he sought a better design for the bus stations that could be proposed to the appropriate bodies, including the National Commission for Culture and the Arts, the Cultural and Historical Affairs Commission (Chac) of Cebu City, and the Cebu City Council.Rama explained that it is also his concern because he is always for the preservation of heritage.In his speech, Garcia also urged Chac to collaborate with their counterparts in the Province of Cebu to explore alternative designs, ensuring they are more complimentary and in conformity with existing laws and policies.Rama said he was unhappy with Garcia’s privilege speech, saying that he did not even like the Capitol’s issuing of the memorandum.He said the matters raised in Garcia’s speech could have been discussed privately, as Garcia and the rest of the council could always have an emergency meeting with him.Are you with me? Asked about his relationship with the vice mayor, Rama said not to push him to do something, saying that he is giving them the freedom.“Are you now manifesting? Nanayaw ra ba mo ... kuyog sa Probinsya. (You danced together with the Province.) Tell me, straight in the eye, are you with me, or are you forming a group?” Rama said.Asked if VM Garcia would run against him in 2025, Rama said he could not do anything if Garcia, or even the dog of arch rival Tomas Osmeña, would run against him.Just two weeks ago, Rama and Garcia had announced that they would run for reelection as a tandem in 2025. Sought for comment on not consulting Rama about his privilege speech, Vice Mayor Garcia said it was Rama who wanted to bring up the matter to the Chac in a meeting to be held next week.Vice Mayor Garcia said the issue at hand could not wait any longer and that is why he acted on it. So assuming that he and Chac would have the same position, he delivered the speech.“Di na ta makahuwat for the executive to act kay makita na man gyud nimo nga naa na man gyud poste nga silver nga tua na didto. Nagsugod na gyud og construction ang ilang bus station,” VM Garcia said.(We can no longer wait for the executive to act because we can already see the silver posts that they are building. They have already started the construction of their bus station.)Under the circumstances, he saw it fit to make a privilege speech requesting the OBO to issue a CDO immediately.The vice mayor said there was nothing to worry about because both of them had the same passion and love for heritage. He said Rama was just being emotional about it but not mad about the council making a position.Lot owner In a press conference on Thursday, Cebu Provincial Legal Officer Villa said the Capitol’s order to halt the works on the CBRT on Osmeña Blvd. from the Cebu Capitol building to the Fuente Osmeña Circle, represented its stand as the owner of the road lots where the project was situated.Villa said the bus station of the CBRT in front of the Capitol building, as currently designed, blocks the view of cultural and heritage sites, namely the Capitol building and the Fuente Osmeña Circle. This was a clear violation of Republic Act 10066, or the National Cultural Heritage Act of 2009, which mandates the protection, conservation and preservation of the national cultural heritage. “This is a violation of the right of the Province, particularly on its cultural heritage, wherein it is affected by that particular structure,” Villa said, about the concerns raised on the CBRT as one of the priority projects of the national government. “It is the right of the Province... to issue a cease and desist order (against anybody causing us harm),” Villa added. Section 49 of RA 10066 states that upon conviction, the violators are subject to fines of at least P200,000 and/or imprisonment of 10 years, Villa said.When asked if Capitol would pursue legal remedies, Villa said this is not yet the Provincial Government’s position unless the contractor refuses to heed the CDO of the governor. Heritage On the question of the general public “Why now?” when this portion of the project is almost complete, Dr. Jose Eleazar Bersales, a member of the National Commission for Culture and the Arts (NCCA), explained during the same conference that they were only recently made aware of the design of the bus station. Bersales was referring to the tall leaf-like structure located in front of the Capitol Building. Last week, he observed that the design of these structures, once finished, would potentially block the view of the Capitol Building from Fuente Osmeña Rotunda. The modern design of the bus station would also clash with the neoclassical to art deco style of the Capitol Building, Bersales added. This prompted him to send letters to the governor for immediate attention. Bersales is the Capitol consultant on museums and heritage. He added that the Principle of Vista Corridor, in terms of cultural and heritage protection, applies to the Capitol Building and the Fuente Osmeña Circle. The Vista Corridor principle refers to the unhampered or unimpeded visual setting and physical integrity of a heritage property. Therefore, Bersales emphasized, “no other structure” must blemish the visual space, the line of sight and the appearance of the Capitol vis-a-vis Fuente Osmeña including Osmeña Blvd. He argued that these road lots or the corridor have been a place of historical significance to Cebu, as this has been a location of key events in the past, including the procession of the 51st International Eucharistic Congress in 2016, the 1954 Marian Year procession, the Grand Victory March after World War 2 in 1945, and as landing field for Catalina-type aircraft during the Liberation of Cebu in April 1945. He added that the Capitol building is a National Historical Landmark and has Grade One level protection, the highest among the levels of protection for any heritage site under RA 10066. Therefore, Bersales argued, any construction within these lots requires NCCA or the National Historical Commission of the Philippines (NHCP) approval as mandated under RA 10066, which mandates the protection of structures 50 years and older.However, since there is no record of any design and plan submitted to NCCA regarding the bus station on the Province-owned lot, this constitutes a violation on the part of the proponent. For the project to proceed, the proponent of the CBRT has to come up with a new design plan and submit it to the NCCA and NHCP for approval. “Yes, but if the Province has a different position altogether to scrap the entire project that is another discussion. But in so far as the heritage is concerned, that is an important issue that first has to be answered now,” Bersales added. Photos, videoThe groundbreaking of the CBRT took place on Feb. 27, 2023. But photos of the bus stations featuring the large leaf pattern were uploaded on the Cebu Bus Rapid Transit Facebook page as early as June 2, 2022.They were posted again in September 2023 with the Department of Transportation making a call for feedback and suggestions on the project. A video of the bus stations was also posted on Aug. 14, 2023.

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

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