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Mantawi Residences: Cebu’s next frontier of progress
Picture this: A luxurious, but safe and quiet abode. Yes, that’s the commitment of Mantawi Residences, the newly launched property of Robinsons Land Corporation Residences in Cebu. Who wouldn’t want to be in such a place that promises its residents ultra-spacious living spaces and built-in smart home devices? Not to mention exclusive and sizeable penthouses with multiple loggias where residents can comfortably marvel at the city’s skyline. For the Gokongwei-led RLC Residences, Mantawi Residences exemplifies condo design. It’s one of those properties where each element conspires with all the rest to create a singular experience. “We are happy to come back here in Cebu with another promising project, Mantawi Residences,” said John Richard B. Sotelo, RLC Residences senior vice president and business unit general manager. “We are very proud to finally unveil this development that we envisioned for our future residents who are on the lookout for a home and investment that they can proudly call theirs.” Mantawi Residences is the newest and most ambitious addition to RLC Residences’ roster of properties in Cebu after its successful projects in Azalea Place Cebu, Galleria Residences Cebu, and Amisa Private Residences. [caption id="attachment_122273" align="aligncenter" width="650"] MANTAWI Residences grand launch at Nustar Resort and Casino in Cebu. (From left) Allen Miranda, RLC Residences vice president and head of sales; Winnie Go; Heart Evangelista, RLC Residences brand ambassador; Karen Cesario, marketing head and chief integration officer; John Richard B. Sotelo, senior vice president and business unit general manager; Engr. Emmanuel Arce, vice president project management; and Stephanie Anne Go, business development and design head.[/caption] “Mantawi Residences marks yet another strong signal from RLC of its confidence in Cebu — the strength of its economy and the vibrancy of its people,” Sotelo said during the grand launch event held at the Nustar Resort and Casino in Cebu City. Sotelo added that Mantawi Residences reflects the best thinking of RLC Residences to date, with something they haven’t done even in Metro Manila — its sprawling 1.3 hectares of amenities. Add to that are their efficient space layouts with larger unit sizes and loggias, sustainable certification with EDGE (Excellence in Design for Greater Efficiencies) and BERDE (Building for Ecologically Responsive Design Excellence) and its curated retail areas. “We’ve brought our best thinking and understanding of the customers in Cebu, as well as those outside of Cebu and outside of the Philippines who are keen to invest in the Cebu market,” Sotela added. Upscale living Mantawi Residences is a four-tower premium condominium on the 20,328-sqm property with 474 units spread across the four 40-floor towers. The property, named after the Mantawi Festival, is situated along Ouano Avenue in Mandaue City. The pre-selling property offers 310 one-bedroom units (46 sqm), 148 two-bedroom units (92 sqm and 115 sqm), 12 three-bedroom units (138 sqm), and four penthouse units (207 sqm). Price ranges from P15 million to P60 million. [caption id="attachment_122277" align="aligncenter" width="525"] MANTAWI Residences Penthouse living room, dining and kitchen.[/caption] The opulent penthouse covers three bedrooms, a dining area, a kitchen, a living room, a study den, a utility room, a powder room, and a balcony. Sotelo disclosed that two of the penthouse units have already been sold. Stephanie Anne Go, RLC Residences assistant vice president and business development and design head, said each unit has upgraded home furnishings, including porcelain tile floorings, a kitchen with glass doors and a pantry cabinet, and glass shower enclosures. For the penthouse, the master bedroom’s toilet will have a bathtub. “We also want to make sure that most of the bedrooms of every unit will have their own loggia,” she said. “We have to be conscious about efficiency, not generally where we just want to put the bedrooms. Rest assured that all the units will be efficiently laid out.” Go ensures that there will be a feeling of airiness and openness in the property. Yes, fresh air and open spaces – who would have thought these two simple things could be luxuries for condo homeowners? The premier project enjoys a vast 1.3-hectare amenity area that provides landscaped areas, beach-inspired swimming pools, a cascading water wall, a pet park, and an outdoor play area, among others. Indoor amenities include a game room, a private theater, a fitness center, a kids’ playroom, and function rooms. It will also feature curated global retail brands on the ground floor. Mantawi Residences is near academic institutions, shopping destinations and hospitals. The area is also currently being modernized to become the main gateway of Cebu City. One of the critical projects in the area is the Department of Environment and Natural Resources’ rehabilitation of the Mahiga River. The property is also accessible to two progressive cities: Mandaue and Cebu City and is only five kilometers away from the Cebu-Cordova Link Expressway — considered one of the area’s progress indicators. Future developments are also in the pipeline, as the Mandaue government plans to develop the Metro Cebu Expressway and the Cebu Bus Transit, plus turning the Cebu International Port into an international cruise docking area. Another essential program is the development of a premier waterfront development featuring commercial space and a luxury district. Target market Cebu continues to be the biggest real estate outside Metro Manila, with the demand increasing from six percent in 2020 to 24 percent in 2021. Karen Cesario, RLC Residences senior director-marketing head and chief integration officer, said they target overseas Filipinos and growing professionals aged 35 to 45 as potential homeowners. A one-bedroom, 46-square meter unit starts at P15 million. “We did take a long, hard look at the price point that we feel the Cebu market is ready for and willing to take,” said Sotelo. “When we were made to look at the design specifications and the features that we have incorporated into the building, we felt that it’s worth more than our previous premium properties. We are guided by what the market is telling us, what and how our competition also prices. The market in Cebu is telling us that it is ready.” Sotelo added that they expect to break ground Mantawi Residences in the fourth quarter of this year, with the turnover of the first tower by the fourth quarter of 2029. The post Mantawi Residences: Cebu’s next frontier of progress appeared first on Daily Tribune......»»
Tech, hospitality redefine comfort
Ascott Makati takes a leap toward the future of guest experiences with the launch of its Smart Hotel Rooms, powered by Tensei Philippines Inc.’s innovative Intelligent Building Management System. The introduction of this revolutionary technology promises to redefine luxury stays, offering guests a seamless blend of comfort, convenience and sustainability. Ascott Makati has always been at the forefront of delivering exceptional hospitality services to its esteemed guests. The collaboration with Tensei Philippines Inc., a provider of state-of-the-art IBMS solutions, is a strategic move to elevate guest experiences and set new standards in the hospitality industry. The Smart Hotel Rooms incorporate the latest advancements in automation, artificial intelligence and sustainable practices. With Tensei’s IBMS at the core, the rooms are thoughtfully designed to anticipate and cater to guests’ needs, ensuring an unparalleled level of comfort and sophistication. The rooms are equipped with a number of intelligent features that let visitors easily customize their surroundings and get to the things they enjoy the most. To make your stay as convenient and comfortable as possible, Smart rooms uses the most recent technology. With the Android tablet provided in each room, you may manage the room’s temperature, lighting, Curtains and entertainment system. You can even order room service without getting out of bed. Using the Tablet, guests can control the lights, temperature, Curtains and other aspects of their accommodation. In the administration dashboard, the management can monitor and control the devices and status of the smart rooms. Also, Management can edit the list of devices present. On the in-room TV, guests can access their favorite streaming services, movies and TV series. From their in-room tablet, guests can order room service and also, order from the in-house restaurant. Amenities and Promo: With the help of the Tablet, Guests can see the available amenities and its location, as well as the promos in the hotel area. The post Tech, hospitality redefine comfort appeared first on Daily Tribune......»»
DTI-UNIDO, innovation leaders gather to advance Industry 4.0 agenda
In partnership with the Department of Trade and Industry Competitiveness and Innovation Group and with support from the Korean International Cooperation Agency, the United Nations Industrial Development Organization spearheaded the Policy Forum on the Advancement of Industry 4.0 and Digital Transformation of Industries in the Philippines on 21 July 2023 at the Makati Diamond Residences, gathering around 50 innovation leaders from the government, private sector, academe and development partners. The forum fostered an open dialogue with industry experts through a panel discussion. DTI CIG Undersecretary Rafaelita M. Aldaba underscored the Philippines' exceptional proficiency in services and highlighted the potential of Industry 4.0 technologies in further enhancing this aspect, “We can link our services with manufacturing, agriculture and others, especially with the presence of these new technologies which would really require a lot of digital skills, software applications development, etc. These are things and areas that the Philippines has a comparative advantage,” she emphasized. The panelists aligned with this perspective as they shed light on how I4.0 continuously shapes society. Arnel Cabungcal, assistant vice president for manufacturing operations services and technology of UNILAB, Inc., highlighted the profound impact of Artificial Intelligence. “During the pandemic, through an emergency use authorization, the standard eight-year approval process of the vaccine was reduced to only eight months, with the aid of AI”, he said. Chief operating officer of Ionics-EMS Inc. Jay Chavez chimed in with his own experience of adopting smart manufacturing in the company’s operations and its impact on job placements. “With smart manufacturing increasing our production, we had to hire more people to do higher value tasks while remaining cost-effective”, he said. The importance of enabling policies also greatly surfaced through the discussion as Emmanuel Lazaro Estrada, senior vice president for regulatory development and strategy of Globe Telecom, Inc., was quoted as saying that “policies should be practical and human-centered.” Anders Isaksson, UNIDO chief of the capacity development and policy advice unit, supported this idea and reiterated the call for a needs-based approach. “Knowing what needs to be done is very important for defining policy areas and reducing policy uncertainties,” he said, while adding the connection running from innovation to I4.0 to productivity growth and welfare enhancement. “The successful adoption of I4.0 banks on the implementation of the right policy mix. This mix should not only focus on pro-I4.0 policies but also on redistribution and compensation policies at the very design stage to reduce the costs of potential disruption and transition [due to I4.0]”, stressed Isaksson. Crafting and institutionalizing such policies would require much effort from the government, according to Dr. Jamil Paolo S. Francisco, Asian Institute of Management’s executive director for the Rizalino S. Navarro Policy Center for Competitiveness. “Government should help individuals, companies, and startups become more agile”, Francisco said. Melvin Jeffrey Chan, vice president and head for enterprise innovation, business development, and consulting and presales of PLDT Enterprise, zoomed in on the critical role of the National Innovation Council. “The NIC joined the forces of the brightest minds in the country, whether they are from the public or private sector, to drive things forward through the formulation of policies and building technologies,” he pointed out. Apart from the enriching panel discussion, the forum also marked the culmination of a week-long workshop held in Pico De Loro, Batangas from 17 to 20 July 2023, participated in by a roster of innovative policy and thought leaders from select government agencies. UNIDO country representative Engr. Teddy Monroy lauded this initiative for igniting the commitment of the participating agencies to this cause, characterizing I4.0 as “a game-changer as it triggers a productive shift bringing increased efficiency and transformation of the global landscape.”. The forum capped off with assurance and support from Dr. Joseph Capuno, the National Economic and Development Authority Undersecretary for Investment Programming Group. He remarked, “Rest assured that the Philippine Government remains committed to embracing digital transformation and harnessing the power of technology to guide social and economic transformation as embodied in the Philippine Development Plan 2023-2028.” In collaboration with other development partners, the DTI and UNIDO aim to sustain the momentum and ongoing dialogue and remain dedicated to driving sustainable development through innovation. As part of this commitment, the participants will continue to gain practical experience through site visits to leading I4.0 companies, technology clusters, innovation agencies, think tanks, and business associations worldwide in the upcoming phase. The post DTI-UNIDO, innovation leaders gather to advance Industry 4.0 agenda appeared first on Daily Tribune......»»
Building climate-resilient communities
Subsidiaries of the Aboitiz Group have consolidated its efforts with the Climate Change Commission, the local government of Toledo City in Cebu, Department of Science and Technology-PAGASA, and the Department of Human Settlements and Urban Development to help create resilient, disaster-ready and climate-smart communities. A five-day training workshop to craft an enhanced and science-based Local Climate Change Action Plan was recently held in Bato, Toledo City, the host community of Aboitiz Power-TVI. Toledo City Mayor Joie Perales: “This will upgrade the skills of our local responders and improve our readiness for disasters. I know that our people will truly benefit from this.” The participants were equipped with knowledge based on methods and strategies to produce targeted and responsive climate-action plans. They were also upskilled in developing risk-mitigating LCCAPs anchored on science and evidence-based analysis, which includes biodiversity and ecosystem-based adaptation interventions. “We recognize that our communities and local governments are at the forefront of the climate crisis,” said Climate Change Commission Deputy executive director Romell Antonio Cuenca. “It is imperative for local government units to be prepared for the challenges of the changing climate. LGUs should invest more in crafting and planning appropriate measures to adapt to climate impacts. That is why CCC and Aboitiz came all the way here to Toledo to increase the technical capacity of our LGUs, so that they can develop their local climate change action plans, which will serve as their pathway to resiliency,” he added. AboitizPower Thermal Group (VisMin) president and COO Ronaldo Ramos believes this could spark that transformation in Toledo City, and that the project can be replicated in all the other communities where AboitizPower thermal assets operate: “We believe that by bolstering Toledo City’s climate resilience and adaptation, we can ensure the continuity of our mission to energize Cebu and the Visayas, and, more importantly, secure a sustainable future for Toledo. We’re optimistic about the completion of their LCCAP this year.” At a national level, the LCCAP training workshop is in line with some tenets of the Philippine Development Plan on establishing livable communities, strengthening social protection (chapter 3.2), and accelerating climate action and strengthening disaster resilience. Through this project, Aboitiz also supports the United Nations’ Sustainable Development Goals (SDGs) on reducing inequalities (SDG 10), Sustainable Cities and Communities (SDG 11), and Climate Action (SDG 13), at a global level. The post Building climate-resilient communities appeared first on Daily Tribune......»»
Bright future for PEZA and ecozone industry
I never dreamed of being at the forefront of an agency that contributed much to nation-building and has had a huge impact on the lives of many Filipinos, simply because job opportunities were created for them and their families. A probinsyano and son of a public servant, I grew up in the Bicol Region, in the capital town of Pili in Camarines Sur. My Father was a judge, hence a disciplinarian. My siblings and I were raised in an atmosphere of seeking excellence for that was what he demanded. It was my mother, a public school teacher, who tempered the strictness with love, understanding, and compassion – traits that I inherited and honed the person that I am today. Having been educated in Catholic schools in Naga City for elementary and high school, and at the premiere state university for college and graduate studies, had likewise molded my character into being a man for others and striving for integrity and excellence as core values. Coming from a family of public servants strengthened my resolve as well to pursue a career in government service. One day in January 1998, as I was walking along Roxas Boulevard after coming from a meeting, my curiosity was piqued by a government office that had a “For Hire” sign. I walked in, applied, and was admitted by the same agency in February 1998. This is how my journey in the Philippine Economic Zone Authority or PEZA began. Since my first day in office, I knew that the PEZA was the ideal agency for me given its exemplary performance as a government-owned and controlled corporation attached to the Department of Trade and Industry. Rising through the ranks and having been immersed in various facets of the agency’s operations had encouraged me to excel in my work and aspire for Career Executive Service Officer eligibility and various foreign training for my career advancement. Beyond these personal gains, the long years of training and working with PEZA provided me the unique opportunity to contribute to propelling the nation’s growth by helping our agency achieve its mandate of attracting investments in the ecozones to be able to generate jobs, exports, and other economic opportunities for the country. As I am now at the helm of PEZA after having been appointed as its Director General by the President last 23 March, I realized that my real calling as a public servant is to continue embracing transformational leadership as I motivate and inspire my fellow PEZAns to give their best for PEZA and the country. In the short period when I assumed office, we have accomplished so much already as I employed a high-involvement and teamwork approach in mobilizing the support of the management and employees, valued ecozone investors, and industry partners as we collectively promote and facilitate investments through the ecozone program. We have doubled our investments in 2002 vs. 2021, where much of the investment pledges came in when President Ferdinand R. Marcos Jr. assumed office. We have sustained the growth momentum for the first five months of 2023, with PEZA’s approved investments reaching P48.03 billion which is 2.5 times higher compared to the same period last year. Ecozone manufactured goods/commodities and IT services account for 53% share of the total country’s annual exports. With 20 new ecozones awaiting Presidential Proclamation, PEZA can help accelerate countryside development to increase further the current 422 operating ecozones hosting 4,372 locator companies and providing 1.8 million direct jobs for our “kababayans.” We laid down some key policy reforms and other initiatives to further ease doing business and enhance our competitiveness as an investment destination. PEZA is among the first few agencies in government that have rolled out a cashless and paperless system for facilitating locators’ permits and other transactions. Moreover, we will automate this year our visa, building permit, letter of authority, financial management, and EPAMs, and launch our digital marketplace for the integration of local producers and suppliers into the ecozone value chain. Together with the DTI, Board of Investments, and Fiscal Incentives Review Board, we have restored the fiscal incentives of our RBEs under the Corporate Recovery and Tax Incentives for Enterprises Law. We have partnered initially with the Department of Science and Technology and the Department of Information and Communications Technology in promoting new frontiers in ecozone development and got the Commission on Elections to exempt the locators from the long-standing clearance requirement for the movement of regulated commodities during an election period. We have also been actively involved in investment missions abroad and where we have been reaping the benefits from realized new investment sources and a mix of product sectors, with no less than the President taking the lead in promoting the Philippines as the smart destination in the region. We commit to advancing industry development as we pursue the creation of industry excellence centers for enhanced local value and global value chains and engage with higher educational and vocational and technical training institutions to prepare the Filipino workforce for advanced manufacturing and frontier technologies. We will work on the amendment of the PEZA law to make our agency more responsive and agile to keep up with the demands of our valued ecozone investors. These proactive measures we will undertake, including the improvement of our public ecozones to be more resilient and smarter, while maintaining our agency’s minimum of one billion pesos in annual tax payments and dividends to the national coffers. In forging a promising future for PEZA and the ecozone industry, we will continue to be agents of change and push for continual improvement with our delivery of services and the creation of ecozones in rural and new growth areas. Foremost in our strategic plan is to anchor the ecozone program on inclusive growth, innovation, and sustainability. We will strengthen our strategic alliances with public and private sectors to amplify ease of doing business and adherence to sustainable development goals across all ecozones nationwide and their linkages with the host LGUs and communities. Having spent 25 years in PEZA, I can only thank my fellow PEZAns first for being steadfast in performing their duties. Second, much credit should go to the Industry Leaders who have always been committed to the success of PEZA. My appointment into Office is a testament to the excellence that the civil service and its members uphold as stalwarts and front liners in achieving national progress for our Nation. In all these, I owe PEZA my career advancement and to the ecozone industry for our huge contributions to the country’s local and national development all these years. As we look to the future, we envision PEZA to be the nation’s primary catalyst for sound and balanced development by promoting viable and sustainable economic zones and by bringing in targeted investments to generate jobs, exports, and economic opportunities, especially in the countryside. The post Bright future for PEZA and ecozone industry appeared first on Daily Tribune......»»
Committed to equity, sustainability, opportunity
As the Philippines looks forward to hosting the ABAC 3 (Asean Business Advisory Council) meeting in Cebu, the Aboitiz group acts as a key driver in advancing the shared goals of equity, sustainability and opportunity. The invaluable expertise of Aboitiz president and CEO and ABAC PH member Sabin Aboitiz contribute significantly to the Aboitiz Group’s endeavors and enhance the alignment between ABAC's vision and strategies. Sabin Aboitiz demonstrates the Aboitiz Group's unwavering commitment to sustainability. The focus on exploring the viability of nuclear energy via small modular reactors highlights the Group's interest in advancing clean and efficient energy sources to reduce carbon emissions and mitigate climate change. Additionally, the integration of climate risk scenarios underscores the Group's proactive approach to understanding and addressing the potential risks and challenges posed by climate change. "At Aboitiz, we believe that businesses have a crucial role to play in promoting equity, sustainability and opportunity," Sabin Aboitiz said. "Through our collective efforts, we are committed to making a positive impact on society and fostering a better future for all." Apart from being the pioneer of renewable energy in the Philippines with 1249.17MW of total net sellable renewable energy capacity, AboitizPower, the energy arm of the Aboitiz Group, has shown commitment in promoting equity and inclusion within the company. Testament to that is the Diversity, Equity, Inclusion and Belonging program, which aims to push the envelope further in creating a safe and welcoming workplace for all. The DEIB program includes the establishment of resource networks for LGBT+, women at work, and “special life” team members, which include single parents and differently-abled workers. [caption id="attachment_149059" align="aligncenter" width="525"] Aboitiz Group drives Philippine development through inclusive growth. In Cebu City, reliable power empowers the town, improving lives and supporting economic growth and trade among APEC economies. Union Bank of the Philippines, led by Aboitiz, promotes financial inclusion through digital banking nationwide.[/caption] Group wide, Aboitiz also implements several initiatives that further celebrate diversity and maintain an inclusive workplace. Among these are information sessions and people stories for Women’s Month, Pride Month and Mental Health Month. The company also boasts a balanced representation of male and female team members, fostering an environment that values gender equality and provides equal opportunities for all. Aboitiz Equity Ventures, AboitizPower and Aboitiz InfraCapital are proud member companies of the Philippine Business Coalition for Women Empowerment, a nonprofit organization advocating workplace gender equality. Aboitiz understands that the overall success of the company also depends on the individual success of the team members. And by creating a culture where everyone feels valued, respected and included, the Aboitiz group makes sure that no one is left behind in the journey toward progress. The Aboitiz-led UnionBank of the Philippines plays an important role in the group’s digitalization path, driven by its dedication to “Tech-Up Pilipinas” and fostering widespread economic growth. Environmental stewardship also lies at the core of Aboitiz’s efforts, as the company actively pursues environmentally responsible practices and solutions that meet the sustainable development goals set by the United Nations. Aboitiz Equity Ventures, the holding company of the Aboitiz Group, has placed sustainability at the forefront of its business strategy. The Aboitiz Cleanergy Park, located at the tip coast of Punta Dumalag, Matina Aplaya, Davao City, is a huge part of Aboitiz's sustainability efforts. The eight-hectare biodiversity park serves as a haven for migratory and local birds, various mangrove species, a pawikan rescue center facility and a nesting ground for critically endangered sea turtles. By partnering with the Department of Environment and Natural Resources, Aboitiz continues to live out its sustainability efforts by also spearheading the protection and rehabilitation of Boracay Wetland No.4. As a linear urban park, the Boracay Wetland will offer a range of recreational activities that incorporate eco-friendly tourism designs, ensuring minimal environmental impact. Apart from biodiversity conservation, Aboitiz InfraCapital, the infrastructure arm of the Aboitiz Group, advocates better water resource management via corporations like Apo Agua Infrastructura Inc. and LIMA Water Corporation. Apo Agua is building one of the Philippines’ largest private bulk water supply facilities in Davao City, which harnesses sustainable water sources and provides reliable water supply to the growing population of Davao City. The project not only ensures access to clean water but also supports the local economy and promotes environmental stewardship. The post Committed to equity, sustainability, opportunity appeared first on Daily Tribune......»»
Inaugural AI summit sets stage for Phl future redefined by AI
Aboitiz Data Innovation, the Data Science and Artificial Intelligence arm of the Aboitiz Group, successfully held the inaugural AI Summit in the Philippines from 10 to 11 May 2023 at the Marriott Grand Ballroom, Pasay, Philippines. In partnership with Union Bank of the Philippines, Aboitiz Equity Ventures and Google Cloud, the groundbreaking event broke open the discussion and incited action on shaping the future of the country with AI. The summit brought together over 1,000 industry professionals from various sectors, marking a significant milestone in the country’s technological landscape. The Aboitiz Group is currently undergoing a "Great Transformation" to become the Philippines’ first "techglomerate" with ADI at its forefront, operationalizing DSAI to transform data into business and sustainability outcomes to better serve the needs of its customers and stakeholders. The "AI Summit PH 2023: Redefining the Future with AI" forum featured real-world use cases of data being turned into actionable insights and deep-dived into discussions on the challenges, opportunities and advancements within the AI and tech space. The AI Summit PH 2023 was opened with a captivating keynote speech titled “Reimagining a Sustainable and Equitable Philippines with AI” delivered by Third District of Negros Occidental Representative and Housing and Urban Development Chairperson Jose Francisco Benitez. In his address, Benitez highlighted the pivotal role of technological innovation in promoting national development, as heralded by the Philippine constitution. He emphasized the need for collective action in equipping the people with the necessary skills and fostering innovation to adapt, compete and flourish in a brave new world. “A digital future is our national destiny. Let us work together to harness its benefits for all,” Benitez said. [caption id="attachment_132920" align="aligncenter" width="1501"] Third District of Negros Occidental Representative and Housing and Urban Development chairperson Jose Francisco Benitez inspired the crowd at the AI Summit PH 2023 with his message on the power of AI and innovation in promoting national development. (PHOTO COURTESY OF ABOITIZ)[/caption] Through a series of engaging events, including talks, fireside chats, panel discussions, knowledge sessions and networking opportunities, the AI Summit PH 2023 provided a platform for industry leaders, tech innovators and game-changers to share valuable insights and actionable use cases of AI implementation. Attendees were exposed to a diverse range of topics, exploring the immense potential of AI in revolutionizing various sectors, driving sustainable urban development, transforming financial services, powering sustainable smart cities and operationalizing DSAI. Google Cloud Southeast Asia’s Regional Customer Solutions Manager Richard Coombes delivered a presentation on how Google is bringing AI to users, business and society. He also participated in a panel discussion on Generative AI with leaders from ADI and Amazon Web Services. Tiffany Adriana, Google Data Analytics - Southeast Asia Customer Solution Consultant joined experts from Connected Women and KPMG Philippines to discuss data-driven foundations with a focus on data literacy and inclusion. The AI Summit PH 2023 also served as an exceptional platform for networking and collaboration, fostering connections among industry professionals, entrepreneurs and visionaries. Attendees had the opportunity to engage with tech innovators and game-changers, expanding their professional networks and exploring potential partnerships. During the two-day summit, ADI and Connected Women launched its partnership on empowering the latter’s members to take on advanced services such as data handling, language annotation and image annotation for ADI’s Data Science and Artificial intelligence projects. ADI and Mila’s partnership on building responsible AI solutions for the power sector was also announced during the Summit through a ceremonial signing. Mila, headquartered in Montreal, Quebec, focuses its mission on core research areas such as health, environment and climate change, and AI ethics. Mila extends its expertise and leadership in AI to deliver advances that will benefit all of society. On the financial services front, LBC Express, Inc., ADI and UnionBank signed a tripartite agreement to champion financial sustainability at the inaugural AI Summit. Through this initiative, LBC clients will have access to small business financing from UnionBank to help finance their expansion plans. The SeekCap Embedded Scoring Agreement was also signed by UBX and ADI during the event. “Let me congratulate Aboitiz Data Innovation on spearheading the first Artificial Intelligence Summit. We laud your efforts in forging our path to national advancement through technological research and innovation as you forge strong partnerships in the field of technology,” shared Vice President of the Philippines Sara Z. Duterte in an official statement. “This active pursuit to explore artificial intelligence and find ways to use it positively for progress facilitates a culture of futures-thinking and preparedness in society,” she added. On the second day of the summit, Department of Information and Communications Technology Secretary Ivan John Uy presented an overview of the DSAI landscape in the Philippines and future prospects of these technologies within the country. Uy said, “Digital transformation is about constantly adapting and optimizing new solutions to the ever-changing needs of society, and it starts with deeper and more meaningful partnerships between the government and the private sector. And we all share a common goal of transforming the country and accelerating its progress through the use of all these emerging technologies.” Dr. David R. Hardoon, Chief Executive Officer of ADI, expressed his gratitude for the overwhelming response to the first-ever AI Summit in the country and the active participation of industry and government leaders and diverse professionals. “We are thrilled with the success of the AI Summit, which surpassed our expectations in terms of attendance and engagement. This event truly showcases the potential of AI to revolutionize industries and drive sustainable development in the Philippines. We are proud to have provided a platform for meaningful discussions and collaborations that will shape the future of AI in the Philippines,” stated Hardoon. ADI plans to build on the success of the AI Summit PH 2023 and continue driving AI innovation to transform businesses and government and advance communities in the Philippines and beyond. They remain committed to advancing AI technologies, fostering industry partnerships and empowering businesses to harness the transformative power of AI for sustainable growth and development. ### The post Inaugural AI summit sets stage for Phl future redefined by AI appeared first on Daily Tribune......»»
Sunken optic cable network rolling out
Fibernet Construkt Corp. along with Internet service provider Converge ICT Solutions Inc., have submitted to the local government an unsolicited proposal to build a fully underground fiber optic cable network for Cebu City along the city’s South Road Properties’ main road. FKC is in the business of building and maintaining broadband infrastructure facilities for telecommunication operators and internet service providers In their meeting with Cebu City Mayor Michael Rama, Converge chief executive officer and co-founder Dennis Anthony Uy, said he “could begin realizing Rama’s “dream of a city like Singapore for Cebu by placing all the lines of telecommunication companies (telcos) underground starting with those in the city’s main thoroughfares.” “He (Rama) asked me for my opinion. I told him it is too costly to put an underground cabling network for the whole of Cebu. It’s too expensive. Overhead expenses for underground cabling for power, for instance, is 10 to 15 times more. If you pass the costs on to consumers, they will raise a howl. So, I told him to start with telecommunications because that’s where you see a lot of ‘spaghetti wires.’ I think 50 percent of what you see are telecom wires which are no longer active,” said Uy in a media briefing during Converge’s official launch on Boracay Island recently. Bad experience “What happened during typhoon ‘Odette’ was a bad experience for Cebuanos. Utility posts were hit, and it took two months to put back on power,” he said. Thus, Uy is convinced that Cebu City badly needs to move all electricity and communication lines underground as part of its disaster resiliency strategy to prevent massive blackouts and connectivity losses during calamities like typhoons. For his part, FKC chief executive officer Jinho Kwon said FKC “intends to service the needs of the major telecommunications company and other service providers in Cebu City South Road Properties to enable them to provide full Telecommunication Broadband and Cable TV connectivity including Internet connectivity and other services in the said properties.” Unsolicited proposal Both Uy and Kwon personally went to Cebu City to present their unsolicited proposal to Rama. Kwon said the proposal is meant “ to support the Cebu City government’s direction to develop a Smart City with fully equipped and disaster resilient telecommunication network where information and communication technologies are utilized to increase operational efficiency and improve both quality of services and citizen welfare.” FKC is in the business of building and maintaining broadband infrastructure facilities for telecommunication operators and Internet providers. Moving power and telecommunication lines underground bolsters economic growth and ensures business continuity even during calamities, Uy and Kwon stressed. The post Sunken optic cable network rolling out appeared first on Daily Tribune......»»
U.S.-South Korea grant enhances climate resilience of Phl cities
On 22 March, the United States government, through the US Agency for International Development, and the Korea International Cooperation Agency, signed a P111.5 million ($2 million) grant partnership agreement to boost the capacities of Philippine cities to adapt to, mitigate and manage the impacts of climate change and natural disasters. Through this grant funding, KOICA will support the implementation of USAID’s five-year, P836.5 million ($15 million) Climate Resilient Cities Project that benefits the partner cities of Batangas, Borongan, Cotabato, Iloilo, Legazpi and Zamboanga. KOICA’s technical assistance will enhance the capacity of local government units to develop guidelines for and use climate adaptation technology. More than 180 Philippine officials and stakeholders will also be invited to participate in capacity-building programs organized in the Philippines and Korea. USAID and KOICA will also support the six LGUs and other stakeholders to more effectively disseminate climate-related information to local communities; increase access to climate financing for economic and social development; and promote natural climate solutions that strengthen cities’ resilience to climate change. Additionally, the governments of the United States and Korea will soon launch a partnership to prevent and reduce marine pollution in Manila Bay. This partnership also seeks to enhance knowledge and influence social and behavioral changes for marine pollution reduction and prevention. This latest agreement between USAID and KOICA follows the signing of a memorandum of understanding in April 2021 where the two leading development agencies agreed to strategically collaborate on priority programs, including climate change-related initiatives, to advance development in the Philippines. “As the United States and Korea are among the largest bilateral donors in the Philippines, this momentous partnership of USAID, KOICA and the Philippine government will bring together our accumulated experience and technical expertise to build climate change and disaster resilience in the country,” KOICA country director Eunsub Kim said. “For 70 years, the United States and Korea have worked together to pursue mutual goals based on our core values of democracy and human rights,” said USAID Philippines mission director Ryan Washburn. “The United States has pledged to strengthen this alliance and broaden the focus to address issues of critical importance to the Indo-Pacific region and the world. In particular, we will deepen our cooperation in addressing the climate crisis, reducing plastic waste and promoting advanced technologies. We will also enhance our economic cooperation and people-to-people ties,” he added. The Philippines consistently places high in global rankings on climate change risk and vulnerability. With an average of 20 typhoons per year and frequent floods, landslides, earthquakes, and volcanic eruptions, the Philippines is one of the most disaster-prone nations. According to the 2022 World Risk Index, the Philippines ranked first out of 193 countries with the highest disaster risks. Between 2011 and 2021, the country incurred more than P670 billion worth of damage and losses due to tropical cyclones alone. The negative impacts of climate change and disasters severely impede national economic development and worsen poverty. Thus, one of the top priorities for sustainable development is to strengthen national and local climate resilience systems. The USAID-KOICA partnership supports the Philippine government’s 2023-2028 strategy framework goal to “enhance adaptive capacity and resilience of communities and ecosystems to natural hazards and climate change.” The post U.S.-South Korea grant enhances climate resilience of Phl cities appeared first on Daily Tribune......»»
Envisioning smart, sustainable cities at AI Summit PH 2023
What will the cities of tomorrow be like? Aboitiz Data Innovation, the Data Science and Artificial Intelligence arm of the Aboitiz Group, brings together key players and industry movers championing sustainable smart cities, as well as power generation and distribution, at the inaugural AI Summit Philippines (AI Summit PH 2023). Organized in partnership with Aboitiz Equity Ventures and Union Bank of the Philippines, the two-day summit will be held at the Marriott Grand Ballroom in Pasay, Philippines on 10 to 11 May 2023, with industry and government leaders and forward-thinking entrepreneurs sharing real-world use cases, lessons learned and valuable insights. The AI Summit PH 2023 offers attendees an array of events, including talks, panel discussions, knowledge sessions and networking opportunities with tech innovators and game-changers. The summit will focus on three streams: Powering Smart Cities through Data, Data Science and Transformation in Financial Services, and Operationalizing Data Science and AI. Imagine a city where everything is interconnected, more livable and environmentally friendly — where people can move around seamlessly, where energy is generated and consumed sustainably, where lives are enhanced by efficient services, and where the livelihoods of communities are improved. As the world becomes more urbanized, smart cities play an important role in accommodating the growing population. With AI and advanced technologies as enablers and catalysts, a smarter, greener, more livable world is not impossible to attain. Path to the future Opening the Summit is Third District of Negros Occidental Representative Dr. Jose Francisco “Kiko” Benitez with a keynote on “Reimagining a Sustainable and Equitable Philippines with AI.” Representative Benitez brings insightful expertise as the chairman of the House Committee on Housing and Urban Development and a member of the House Committee on Information and Communication Technology. One of the summit’s highlights is a plenary discussion on “Defining the Smart Cities of the Future.” This path to the future requires collaboration between the government, the private sector and other important stakeholders. From the public sector, panelists include Batangas Governor Hermilando Mandanas, who will share his insights on the government’s role in enabling smart city development. He will be joined by IT and Business Process Association of the Philippines president and chief executive officer Jack Madrid and Aboitiz InfraCapital president and CEO Cosette Canilao. This session will delve into the potential benefits of smart city development, including public services, increased economic growth and enhanced sustainability. AIC is already providing Filipinos with a glimpse of the cities of the future across its economic estates. LIMA Land and Cebu Industrial Park Developers president Rafael de Mesa will participate in a breakout session on “AI and the Future of Sustainable Cities: Challenges and Opportunities.” He will be joined by CAZA Principal and award-winning architect Carlos Arnaiz, Arup Associate principal of Cities and Planning Tony Chan and AECOM Asia ESG Services Business lead Sylvester Timothy Wong. The session will be moderated by ADI chief operating officer for Smart Cities Alvin Ng. Technology trends A breakout session will cover the topic of “Unlocking The Benefits of AI in Achieving Sustainability.” Among the panelists are Environmental Resources Management South and Southeast Asia managing partner Wei Chee Liew and members of the academe Dr. Godofredo Ramizo Jr., fellow and principal investigator, Nanyang Technological University; and Dr. Immanuel Koh, assistant professor, Singapore University of Technology and Design. The session will be moderated by ADI chief marketing officer Felicia Li-Gaillard. In another breakout session, “The Future of Smart Cities: AI-Enabled Innovation and Transformation,” summit participants can learn about technology trends, challenges and opportunities in the smart cities landscape from around the region. Moderated by ADI head of AI and Innovation Center of Excellence Dr. Adrienne Heinrich, the panelists include Amazon Web Services ASEAN Business Development Manager Dr. Chomchana Trevai, KPMG APAC head of Technology Darren Young, Johnson Controls APAC chief technology officer Sachin Gupta and AboitizPower Distribution head of Corporate Services Jokin Aboitiz. On the power front, a discussion on the regulatory frameworks in support of AI in utilities will be tackled by Energy Strat Asia managing director and founder Tim Rockell and Analytics Association of the Philippines president Michelle Alarcon. Another summit highlight is the plenary panel discussion on “Power Fueling Urban Development and Economic Growth,” which will be participated by OceanPixel Chief Executive Officer Dr. Michael Abundo, University of San Carlos Associate Professor and Industrial Engineering Department Chairperson Dr. Lorafe Lozano and Chief Operating Officer for Power Luis F. Gonzalez. There is much more that lies in store. Join ADI and like-minded visionaries for two days of insightful talks, solutions showcase and networking opportunities to share ideas and make meaningful connections that may one day change the world for a sustainable future. For more information about the event, visit www.aiphsummit.ph. The post Envisioning smart, sustainable cities at AI Summit PH 2023 appeared first on Daily Tribune......»»
Dev’t, capacitybuilding for cities
An attractive proposition and a necessary goal to further improve the state of the Philippines is to accelerate and sustain inclusive growth in the country. But what exactly needs improvement? How can this be achieved? What does it entail? How will it benefit the Philippines? Metro Manila is already developed and, in my opinion, not the priority in making more improvements. The cities outside Metro Manila are, however, a different story altogether. The economic competitiveness and resilience of said cities require much improvement. The development of these cities as engines of growth that are inclusive, environmentally sustainable, and strong is the foundation with which to realize these improvements. Specific areas may need financial inputs, and technical support varies from city to city. Examples of sectors to focus on are energy, environment, governance, health, local economy, small to medium entrepreneurship, taxation, technology and education. The enumeration is not exclusive and may be expanded. Generally, the growth trajectories of nations are closely linked to their urban environment, where cities act as propulsions of growth and lay the groundwork for their foundation. At first glance, it may seem like a tall order, but with proper planning, preparation, and stakeholder cooperation, it becomes achievable. If urban growth is well planned, cities can accelerate regional economic growth, innovation, and the end goal of prosperity for all. Circling back to my initial point on why cities outside Metro Manila are important to focus on for development, these smaller cities have a relatively high urban population concentration and hold the most growth potential. Although varying in size and level of development, they are equally important in ensuring the country’s success. To achieve this would require the cooperation and participation of various sectors and stakeholders. Government agencies, various leagues of local government units, civil society groups, non-government organizations, and the private sector, which may include corporations, business chambers, and trade associations, must all be involved. Implementing this undertaking will be an opportunity to remind everyone of the importance of the “whole-of-nation” approach. Government agencies that top the list of entities expected to shore up this collective effort include the Department of the Interior and Local Government, National Economic and Development Authority, Anti-Red Tape Authority, Department of Finance, Department of Trade and Industry, Department of Health, and Department of Education. The participation of the Philippine National Police is also crucial, as business can thrive only in an atmosphere of peace and security. The benefits of capacity building for cities are many. Initially, the more apparent recipients are the affected cities themselves and their inhabitants. However, increased capability will lead to a more efficient and equitable distribution of resources and delivery of services to the specific sectors we have mentioned. This will support decentralization and public financial management by helping cities widen their own-source revenue bases. It also helps cities enhance tax collection efficiency, access debt capital markets, and strengthen their public financial systems to create a more equitable fiscal framework geared towards inclusive growth. Decentralization also improves governance, with cities becoming more accountable and transparent to their constituencies. With accountability and transparency, the city becomes an attractive destination for investments. Local entrepreneurs will be one of many who will seize upon these attractions, but foreign investors as well. The different benefits and positive impact foreign direct investments provide a country deserve another article in the future. For now, let us all call on our government and the private sector to join hands in developing and building capacity for all cities in the Philippines. Let us contribute to moving our country forward and taking it to new heights. The post Dev’t, capacitybuilding for cities appeared first on Daily Tribune......»»
Lenovo treats Phl as top Southeast Asian market
Even if neighboring countries in the Southeast Asian region are advantageous in terms of being technology savvy, the Philippines remains an integral market according to an official of Lenovo, a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, business solutions, and related services. “We see strong demand for the Philippines, the only question is how the consumers get the technology. The pandemic has even made the demand for the Philippines surge because of the digital transformation, unlike pre-pandemic where everyone is scrambling. Right now, because of the transformation, growth is very evident. In other words, investments, including Lenovo technologies are still in demand in the market,” according to Giancarlo Nogales from the Infrastructure Solutions Services Sales of Lenovo Philippines at the sidelines of the VST ECS CXO Tech Summit at the Dusit Thani in Mactan Cebu. “In terms of devices, the Philippines is actually doing well,” he added. Last August, the company said that over the next three years, Lenovo is committing a further $1 billion in investment for artificial intelligence that will focus on providing AI devices, AI-ready, and AI-optimized computing infrastructure, and embedded AI-generated content into the intelligent solutions of vertical industries to help customers improve their productivity. Lenovo in September 2023 has unveiled new cutting-edge tech tools and essentials tailored to empower the dynamic, evolving needs of today’s business end-users. It said that the new monitor, software, and accessories are not only designed to boost the capabilities of today’s remote and hybrid workforces but also to address significant challenges faced by businesses as they digitize operations across departments. “Lenovo research shows that managing a remote workforce and global teams remain central tasks for CIOs.1. That is why the new offerings integrate impressive processing power, immersive 3D, and advanced security to create a unified, human-centered experience,” the company said. Further, Nogales added that sales for Lenovo in the Philippines will continue to soar as the country has a bigger population which connotes demand compared to other nations in SE Asia. What Lenovo can count on with the Philippines is the demand for laptops and tablets that are now being used by students, educators, workers, and even the government. “Actually, we have an ongoing engagement with the government sector. I was at an event with the DICT (Department of Information and Communications) and we had discussions with the Department of Education as well, but we still understand what they are looking for. Of course, with DepEd, it’s a big agency, and what I can say is we are working with them across whatever we can offer—cloud technologies, among others,” he told the DAILY TRIBUNE. Nogales said he sees an ongoing digital transformation within organizations and will continue over the coming years. Digital transformation is an ongoing journey Meanwhile, VST ECS president and CEO Jimmy Go stressed that in the ever-evolving world of technology, organizations are charting a course - through a landscape that has seen profound advancement in recent years. “It's important to understand that digital transformation is not a one-time event but an ongoing journey. Every day, we bear witness to the unveiling of new digital technologies. In this dynamic environment, the lines between the physical and digital worlds are blurring, creating a phenomenon known as phygital convergence," he said. He said organizations nowadays stand at the threshold of a remarkable technological revolution. “Generative AI is the talk of the town with Chat GPT and other AI, offering organizations the power to intelligently automate customer experiences and streamline internal operations. The implications of this technology are far-reaching. Microsoft is launching CoPilot and most software applications are incorporating AI in their applications. Gartner predicts that by 2030, a staggering 80 percent of people will interact with smart robots daily, and in just two years, these smart robots will become workforce partners for 90 percent of global companies,” he said. Further, Go stressed that AI and machine learning, once a novel concept, have become integral to the products and services offered by major companies. “A mere decade ago, we were learning to communicate with machines. Today, machines understand and adapt to our language, erasing the boundaries between humans and technology. While AI is currently the headline in the tech world, we must not lose sight of the critical need to modernize our IT infrastructure,” he stated. For organizations to embrace technology, he said it’s a pivotal step in allowing organizations to embrace the latest technology trends, including Multi Clouds, Quantum computing, Data explosion, RPA, Generative AI, and more. “Investments in Connectivity solutions, Digital Infrastructure, Cloud technologies, Cybersecurity, Big data, Storage, Automation, and Collaboration tools remain vital to prepare for the ever-evolving Tech landscape. In the Israel-Hamas and Ukraine-Russia wars, Technology plays a very important and critical role in their war strategies. Computers, AI, Starlink, and drones are heavily used in their strategies,” he said. The post Lenovo treats Phl as top Southeast Asian market appeared first on Daily Tribune......»»
Blueprint for a sustainable tomorrow
Through a combination of cutting-edge technology, data science and a culture of innovation, Aboitiz Land is making innovative strides in the real estate industry, establishing benchmarks for sustainability and community development. This commitment to adaptability and progress was underscored by Aboitiz Land CEO and president David Rafael during his presentation at the CEO Forum of the CREBA Golden Jubilee National Convention & Housing Expo on 28 September 2023, held at Conrad Manila. Aboitiz Land's dedication to environmental sustainability is evident in every facet of its residential real estate developments. The company's sustainable master plan features prioritize harmony with nature, respecting the natural topography of the land and integrating existing water and landforms like lagoons and hilly terrain seamlessly. This human-centric approach extends to the promotion of green open spaces across high-end and mid-market projects, fostering a connection between residents and the environment. A pinnacle of this commitment is its residential enclave, The Villages at Lipa, within the 800-hectare integrated LIMA Estate. LIMA Estate proudly holds a five-star BERDE certification, a testament to its eco-friendly practices including energy and water efficiency, waste management and community well-being. Poised to become a blueprint for smart cities, it leverages digital technologies for enhanced urban operations. Aboitiz Land also embraces innovation in construction technology, utilizing precast concrete panels to reduce greenhouse emissions associated with traditional concrete production. This approach not only contributes to a significant reduction in environmental impact but also translates into tangible benefits for homeowners, including reduced energy consumption. Aboitiz Land understands the urgent demand for accessible and quality housing in the Philippines. The company addresses this by strategically placing its projects near emerging growth centers and infrastructure. This not only eases congestion in central business districts but also creates job opportunities for thousands of Filipinos. Aboitiz Land’s notable developments include The Villages at Lipa in LIMA Estate, Foressa Mountain Town in the West Cebu Estate and Ajoya communities in key areas of Central Luzon, which is at the heart of the current infrastructure development and growth centers. To help address the critical issue of 6.5 million housing backlog and rising property costs, Aboitiz Land has introduced OneVecino, an innovative digital platform. This tool provides digitized solutions for property search, payments, customer support and property management. It's tailored to cater to the needs of overseas Filipino workers, making home buying more accessible and secure. Aboitiz Land's commitment to community well-being is likewise demonstrated through various CSR initiatives. Elevate AIDA, in partnership with Connected Women, provides digital skills training to women near our communities in Luzon, advances gender parity and promotes socio-economic development. Meanwhile, Project Banca, recognized as an Outstanding CSR Project in Disaster Resilience, supported 60 fisherfolks with motorized fishing boats in areas affected by typhoon “Odette,” showcasing Aboitiz Land's dedication to community well-being and resilience. Aboitiz Land's corporate governance framework is rooted in core values of Integrity, Teamwork, Innovation and Responsibility. The developer is the real estate arm of the Aboitiz Group, which has consistently been acknowledged as one of the best managed conglomerates in the ASEAN region, exemplified by the Golden Arrow Recognition awarded to Aboitiz Equity Ventures. The post Blueprint for a sustainable tomorrow appeared first on Daily Tribune......»»
A model urban community
As a young boy, I loved drawing a “roadmap” of livable communities where family and industry were central to this unadulterated fun design. I would put skyscrapers and blend these with old trees, brilliant lights, and flowers along walkways and entertainment centers. The distance between neighborhoods was enough to give space and privacy. In this universe, people of different economic classes are resilient to the challenges and complexities of modern living. I grew up in a small town with inadequate potable water and transportation. There was a thin line between regression and progression where one cannot differentiate silt from clay particles when wading through the flooded, muddy streets of Barangay Busugon in San Remigio municipality. Life then was simple but joyous because of my family and the neighborhood. This was my unsophisticated urban planning, where things that matter most to me can be found in one place. Although I did not become a city or urban planner, my interest in “designing” communities is as strong as my entrepreneurial consciousness. It has become an advocacy. Be that as it may, urban planning, a form of spatial planning, requires strategic innovations and thorough study to develop equitable habitats and sustainable human settlements and development. A strategic plan, or a development plan, considers population growth, zoning, geographic mapping, structural and people’s safety analysis, water supply, and essential social services. Urban planning, says the United Nations Human Settlements Programme or UN-HABITAT, should “improve policies, plans, and designs for more compact, socially inclusive, better integrated, and connected cities that foster sustainable urban development and are resilient to climate change at the city, regional, and national levels.” The world’s best-planned urban cities include Singapore City in Singapore, Brazilia in Brazil, Chandigarh in India, Seoul in South Korea, and Copenhagen in Denmark. In the Philippines, five regions that surpassed the national level of urbanization in 2020 are Calabarzon (70.5 percent), Davao (66.8 percent), Central Luzon (66.3 percent), and Soccsksargen (55.5 percent), according to the 2022 report of the Philippine Statistics Authority (PSA) based on the 2020 population census. The cities of Angeles in Pampanga and Mandaue in Cebu had the highest level of urbanization, with 100 percent each. Of the country’s 81 provinces, 11 provinces registered a level of urbanization higher than the national level in 2020. On a sad note, Eastern Visayas (14.7 percent), Cagayan Valley (19.5 percent), Bicol (23.8 percent), Ilocos (25.5 percent), and Bangsamoro Autonomous Region in Muslim Mindanao (27.6 percent) posted the lowest level of urbanization, the same PSA report showed. Overseas, towns and villages have adapted to technological innovations and big data for urban analytics. Urban planners now consider including countryside localities in developing sustainable and resilient communities despite needing more resources, strategies, and expertise. Many urban planners find harmony in geometry and numbers, taking a leaf from the ancient works of Greek architect and mathematician Hippodamus of Miletus, considered the father of urban planning. Today’s towns and cities incorporate functional innovations where everything gets “smart,” from people to intelligent traffic lighting and drones, better infrastructures, facilities, and communications systems, and a strategic blueprint for mitigating the impact of climate change and other environmental problems. With the booming population nationwide, it would be wise to create more growth areas outside the center of progress to improve service and operational efficiency. Local executives and councils must do much work to empower those who must catch up and provide leadership in a highly competitive environment. After all, greater economic inclusion should benefit people with low or no incomes and vulnerable sectors. The beauty of inclusive urban planning lies in ensuring that all can partake of its benefits. As Greek philosopher Socrates once said: “By far the greatest and most admirable form of wisdom is that needed to plan and beautify cities and human communities.” Ultimately, any strategic urban design should not only be a mixture of arts and humanities, but also a fusion of science and numbers. (You may send comments and reactions to feedback032020@gmail.com or text 0931-1057135.) The post A model urban community appeared first on Daily Tribune......»»
PEZA chief lures potential Rotarian investors with ecozone perks
Members — particularly those in such business enterprises as manufacturing — of the Rotary Club of Manila, Asia’s oldest and biggest Rotary organization, were personally enticed by Philippine Economic Zone Authority director-general Tereso Panga of the benefits, particularly tax perks if they expand operations in the country or poured in investments in the ecozone. Panga, who served as guest speaker at RC Manila’s 14th General Membership Meeting at the Manila Polo Club, Makati City, on 5 October 2023, relayed to the prospective ecozone investors the various fiscal and non-fiscal Incentives offered by PEZA. He said the investment promotion agency offers income tax holidays or ITH of four to seven years depending on the industry tier and location, once onboard PEZA-run ecozones. For the National Capital Region, locators are entitled to four years of ITH for those that are in Tier 1; five years of ITH for Tier 2, and six years for those belonging to Tier 3. For locators in Metropolitan areas or areas contiguous and adjacent to NCR, a five-year ITH is given to Tier 1; six years for Tier 2, and seven years for Tier 3. “A five percent Special Corporate Income Tax holiday is also provided for 10 years for export-oriented projects, while enhanced deductions for five years are given to locators involved in domestic-oriented project activities,” Panga said. Other notable benefits awaiting interested PEZA locators include Customs duty exemption on importation of capital equipment, raw materials, spare parts, or accessories directly and exclusively used in the registered project/activity for a maximum period of 17 years unless otherwise extended under the Strategic Investment Priority Plan of the Philippine government; domestic sales allowance of up to 30 percent of total sales for export-oriented companies; value-added tax exemption on importation and VAT-zero rating on local purchases of goods and services directly and exclusively used in the registered project or activity for a maximum period of 17 years, unless otherwise extended under the SIPP; and exemption from payment of national and local government taxes and fees for the period of availment of the 5 percent special corporate income tax incentive Also, PEZA locators are entitled to employ foreign nationals; can enjoy long-term land leases of up to 75 years, and are entitled to the PEZA 2-year special non-immigrant visa issued to expatriates and their dependents as well as foreign workers. [caption id="attachment_194752" align="aligncenter" width="525"] Philippine Economic Zone Authority Director General Tereso O. Panga[/caption] PEZA performance Panga earlier reported that the investment promotion agency had reaped an overwhelming 114 percent increase in investments in the second quarter of the year, following the approval of 61 new and expansion projects for the period of April to June 2022. PEZA records showed that total investments are expected to bring in a total of P14.347 billion, 114.93 percent higher than the P6.675 billion approved investments for the second quarter of 2022. Of the 61 approved new and expansion projects, 16 are for the Information Technology industry, 15 for export/manufacturing, 13 for facilities, 13 for ecozone development, and two for IT Facilities and Logistics. Meanwhile, expected jobs to be created by those projects total 11,186, which is 29.06 percent higher compared to the 8,667 projected jobs in the 2nd quarter of 2022. For the January to June period of 2023, a total of 90 new and expansion projects have been approved and are expected to bring in P22.488 billion in investments, $747.093 million in exports, and 14,354 jobs. Japan remains PEZA’s top country investor in the first half with P8.007 billion in investments followed by Singapore with P2.169 billion. Also, Panga said that Japan topped the countries with the highest approved foreign investments at 27.34 percent, followed by Filipino companies at 23.19 percent, and American companies in the third spot at 14.82 percent. “PEZA accounted for 60.5 percent of the total foreign investment commitments in Q2 2023 with P35.75 billion,” he told the Rotary Club of Manila members. From 1995 to 2022, PEZA’s total dividends turned in to the National Treasury was a total of P26,889,567,738.07. Ecozones on the rise To date, Panga said PEZA hosts 422 ecozones and 4,352 locator companies/projects throughout the country. Of said number of ecozones, 299 are dedicated to IT Parks and Centers, 79 to manufacturing firms, 24 to agro-industrial parks, 17 are to tourism and three are to medical tourism ventures. Based on the Philippine Development Plan 2023-2028, President Ferdinand Marcos Jr. has projected that “the creation of ecozones will…maximize investments and promote industrial dispersion, especially outside metropolitan areas. Further, the ecozones will be integrated into the local economy by relaxing the requirements, facilitating the free flow of parts, components, and other inputs, and increasing open trade between zone locators and firms outside the zones.” In the coming years, various ecozones will be sprouting, while the ecozones that have already been officially proclaimed by the Office of the President include Robinsons Cyberpark Bacolod, Lima Technology Center (Expansion), Hermosa Ecozone Industrial Park (Expansion), Philtai Central Luzon Industrial Park, Felcris Centrale IT Park, ECCO 4 Building, Lopue’s Mandalagan IT Center, Marina Town Dumaguete, Naga City Industrial Park and Kamanga Agro-Industrial Economic Zone (Expansion), altogether with investments totaling P3.418 billion. Ecozones pending approval are MetroCas Industrial Estates-Special Economic Zone, Suyo Economic Zone and the expansions of Kamanga Agro-Industrial Economic Zone and Lima Technology Center, with a total investment amount of P773.962 million. As of September 2023, the governing board of PEZA has approved big-ticket investments with a total committed investment of P193.200 billion, and these are the First Pangasinan Property Development Corp., Raedang International Builders and Development Corp., Green Energy with Torrefaction Technology Inc., Dyson Electronics PTE, Ltd. Philippine Branch, Sunpower Philippines Manufacturing Ltd., Isla Import Terminals Inc., MJ Landtrade Development Corp., YCO Cloud Malvar Inc., Savya Land Development Corporation, RLGB Land Corporation, Robinsons Land Corporation, TDK Philippines, P. Imes Corp., Best-one Ever Luck Realty Corp., Knowles Electronics (Phil) Corporation, WIPRO Phils. Inc., Glensworth Development Inc., ACI Inc., Megaworld Corporation and Kyungshin Pampanga Philippines Inc. Currently, Panga said PEZA is focused on seven priority sectors, that is, advanced manufacturing, extractives (green ores processing), agriculture and blue industries, IT services and frontier technologies, eco-industrial park development (renewable energy and alternative energy, clean water and wastewater treatment, circular economy, sustainable development goals, green buildings, smart systems integration), Science, Technology and Innovation and the integration of small and medium enterprises into the ecozone value chain. Cannot be done alone by PEZA Panga, in conclusion during his speech at the Rotary Club of Manila meeting remarked that attracting foreign direct investments cannot be done by PEZA alone or by any other investment promotion agency left to its own devices. He emphasized that what is needed to make things work is a whole government, industry and society approach to lessen the cost and improve ease of doing business in the country. “Through our collaborations and strategic alliances, PEZA, together with the Rotary Club of Manila, other ecozone industries, and stakeholders, will strive for success in attaining our country’s goals and objectives, and continue to push for eco-zoning the Philippines towards inclusive and sustainable development,” Panga said. The post PEZA chief lures potential Rotarian investors with ecozone perks appeared first on Daily Tribune......»»
SC seeks ‘green justice zone’ establishment
At least three government departments moved to jointly establish justice zones countrywide to further enhance the delivery of justice in the country as the Justice Sector Coordinating Council — composed of the Supreme Court of the Philippines, the Department of Justice and the Department of the Interior and Local Government — continue with its drive to establish Justice. Zones across the country as its representatives met with key officials of the provincial government of Palawan and Puerto Princesa City on 27 September 2023. Supreme Court Associate Justice Maria Filomena Singh led the effort for the ground work to establish Puerto Princesa City, Palawan as the 12th Justice Zone thus far. Singh, who heads the JSCC Technical Working Group on Processes and Capacity Building, had dialogues with Palawan Governor and Palawan Council for Sustainable Development chairperson Dennis Socrates and Puerto Princesa Mayor Lucilo Bayron to prepare for the formal launch on 10 November 2023 of Puerto Princesa as the first ever “Green Justice Zone” — the premiere showcase of national-local government collaboration for efficient and effective delivery of justice in environmental protection and natural resource management. The dialogue was also attended by Sandiganbayan Associate Justice Michael Frederick Musngi and Court of Appeals Associate Justice Jaime Fortunato Caringal along with local chief executives of Palawan. Created in 2010, the JSCC serves as a joint forum for dialogue on issues of common interest and mechanism for effective coordination and sharing of information in support of planning and implementation of joint initiatives among justice sector institutions, specifically the Supreme Court, the DoJ and the DILG. The post SC seeks ‘green justice zone’ establishment appeared first on Daily Tribune......»»
Int’l acclaim illuminates Meralco’s sustainability agenda
The Manila Electric Company continues to shine a spotlight on its unwavering commitment to sustainability with the recent accolade awarded to First Vice President and Chief Sustainability Officer Raymond B. Ravelo, who was named the "Sustainability Thought Leader of the Year for the Asia Pacific Region." The recognition was conferred during the Sustainable Company Awards 2023 by Environmental Finance. Ravelo was commended for his exceptional leadership in spearheading Meralco's sustainability agenda called "Powering the Good Life", which is marked by a distinctive focus on four pillars: Power, People, Planet, and Prosperity. Ravelo's achievement was the result of a rigorous selection process overseen by a distinguished panel of over 30 independent industry experts. The Sustainable Company Awards celebrates organizations and individuals who are at the forefront of reshaping corporate practices to ensure a sustainable future. “This recognition brings great pride to us in Meralco as it reflects our earnest commitment to sustainability. As we move towards building a sustainable energy future, we will continue placing sustainability at the core of our strategy and operations as a Company to bring forth a brighter future for all,” Ravelo said. Meralco, a recognized leader in the Philippine energy sector, has deeply rooted its sustainability agenda in the United Nations Sustainable Development Goals, with emphasis on clean energy, responsible consumption and production, and climate action. At the center of Meralco's sustainability thrust is its commitment to a just, orderly, and affordable transition to clean energy. This commitment involves securing at least 1,500 MW of its power supply from Earth-friendly sources and actively developing 1,500 MW in renewable energy power generation projects. Additionally, Meralco has been at the forefront of adopting alternative and sustainable transportation solutions, with the deployment of 156 electric vehicles to date, constituting 7 percent of the company’s fleet and surpassing the government's 5 percent vehicle electrification rate mandate. To advance gender diversity and inclusion in the workplace, Meralco has launched its D&I program “#Mbrace”, which significantly increased female representation in its workforce to 23%, over and above the global energy sector's average of 13 percent. Moreover, Meralco recently achieved its highest-ever environmental, social, and governance (ESG) ratings from global companies. Notably, MSCI Inc. upgraded Meralco's ESG rating to BBB in 2022 and maintained it in 2023, a remarkable progression from its BB rating from 2019 to 2021. MSCI evaluates over 8,500 companies worldwide based on general and industry-specific sustainability criteria. Likewise, Meralco attained a record high on its FTSE Russell ESG Rating, with a score of 3.2 in 2023. Meralco thus ranked higher than both the Philippine global energy sector ESG rating averages, with strong performance in risk management, labor standards, corporate governance, and anti-corruption practices. Furthermore, Meralco is now the first and only electric utility in the Philippines to be included in the Bloomberg Gender Equality Index, the only ESG assessment in the world focused on gender equality in the workplace. Meralco was recognized for distinctive performance in anti-sexual harassment policies, gender pay parity, and building an inclusive culture. “We are resolute in our commitment to powering the good life. Guided by the UN SDGs, we, in Meralco, will continue energizing cities and communities while preserving our planet, empowering our people, and creating prosperity for all,” Ravelo affirmed. The post Int’l acclaim illuminates Meralco’s sustainability agenda appeared first on Daily Tribune......»»
Filinvest Land bonds earn top credit score, stable outlook from PhilRatings
The proposed bond issuance of full-range developer Filinvest Land Inc. (FLI) has been assigned the highest issue credit ratings and stable outlooks by the Philippine Rating Services Corporation (PhilRatings). FLI’s proposed bonds, amounting to P10 billion with a P2 billion oversubscription option, were assigned an issue credit rating of PRS Aaa. The same PRS Aaa rating was also assigned to FLI’s outstanding bonds, totaling P35.4 billion. Proceeds from these bonds will be used for capital expenditures and debt refinancing. "We are delighted to receive a PRS Aaa rating from PhilRatings for our proposed bond issuance. This rating reflects our healthy fundamentals and underscores our constant focus on growth and financial sustainability. We are grateful for PhilRatings’ trust and confidence in Filinvest Land and aim to continue building the Filipino dream through our various property developments,” said Tristan Las Marias, FLI president and chief executive officer. Obligations rated PRS Aaa (the highest rating assigned by PhilRatings) are of the highest quality with minimal credit risk. The obligor’s capacity to meet its financial commitment to the obligation is extremely strong. Each of the ratings was also assigned an Outlook of Stable. An Outlook is an indication as to the possible direction of any rating change within a one-year period and serves as a further refinement to the assigned credit rating for the guidance of investors, regulators, and the general public. A "stable outlook" means the rating will likely be unchanged in the next 12 months. According to PhilRatings, the assigned credit ratings "take into account the following key considerations: (1) FLI’s established brand name and track record, with geographically diverse real estate products and substantial land bank for future expansion; (2) its sound growth strategies; (3) its improved revenues and operating cash flow, supported by more than satisfactory liquidity and interest coverage,” among other factors. For 2023, FLI will launch condominium and housing developments in Antipolo City, Taytay, Angono, Calamba City, Tanauan City, Trece Martires City, Bacoor City, Dumaguete City, and the Island Garden City of Samal. FLI will also accelerate the development of its township projects in East Town in Cainta, Rizal; Timberland Heights in San Mateo, Rizal; Ciudad de Calamba in Calamba City, Laguna, The Wood Estates in Trece Martires City, Cavite, and Palm Estates in Bacolod City, Negros Occidental. These FLI townships will include residential, commercial, transportation, and school components to create a self-sufficient environment that considers the needs of residents and customers in mind. For malls, FLI is currently constructing Marina Town in Dumaguete City which will open by end-2023, and new malls in Filinvest Mimosa+ Leisure City and Activa Cubao which will open by end-2024. These will expand FLI’s retail portfolio by about 55,000 square meters in gross leasable area (GLA), bringing FLI’s nationwide retail GLA to 300,000 square meters. FLI is also present in the industrial park and ready-built factory leasing businesses with its Filinvest Innovation Parks in New Clark City, Tarlac, and Calamba City, Laguna. Last 19 August, FLI broke ground on the 25-hectare Filinvest Innovation Park Ciudad de Calamba, an expansion of the 50-hectare Filinvest Technology Park in Ciudad de Calamba. FIP-CDC is envisioned to become a stage for new and relevant products that will catalyze progress in the local community. The post Filinvest Land bonds earn top credit score, stable outlook from PhilRatings appeared first on Daily Tribune......»»
Bong Go provides help to micro-entrepreneurs in flood-hit General Santos City
Senator Christopher “Bong” Go continues efforts to help boost the economic recovery of communities affected by calamities and other crises. His team delivered aid to flood-stricken micro-entrepreneurs in General Santos City on Thursday, 14 September. Go’s team held the relief operation at the Department of Trade and Industry (DTI) office. Eight small business owners received masks, vitamins, shirts, snacks, and balls for basketball and volleyball while there were also select recipients of shoes from Go. Meanwhile, with the aim of bolstering local communities and nurturing economic recovery, DTI distributed livelihood kits to provide additional support for the recovery of affected micro-businesses. “Ang programang ito ay ating isinulong noong administrasyon ni dating pangulong Duterte at patuloy na sinusuportahan ngayon para maipagpatuloy ang pagtulong sa ating maliliit na negosyante na naapektuhan ng sakuna at krisis,” Go said. “Tuturuan ang mga benepisyaryo na magnegosyo at bibigyan ng negosyo kits para palaguin ito. Masarap sa pakiramdam kapag pinaghirapan at pinagpawisan mo ang iyong negosyo at napalago mo ito. Ang maayos na kabuhayan ang isa sa mga magiging susi sa pagginhawa ng pamumuhay ng iyong pamilya,” he explained further. Moreover, Go reiterated his push for the passage of Senate Bill No. 188, which seeks to establish the Department of Disaster Resilience (DDR), The proposed SBN 188 aims to establish a Cabinet-secretary-level department to develop holistic measures for better disaster preparedness. In his video message, Go highlighted that, if established, the DDR would focus on three critical areas: disaster risk reduction, disaster preparedness and response, and recovery and building forward better. By concentrating on these significant aspects, the proposed department aims to improve the country's ability to mitigate risks, effectively respond to disasters, and facilitate a sustainable recovery process for affected communities. “Parati po akong umiikot sa buong Pilipinas dahil ‘yan po ang aking pangako, pupuntahan ko po kayo basta kaya ng oras at panahon ko… Sunog, lindol, baha, buhawi, putok ng bulkan pinuntahan ko po iyan lahat para makatulong sa abot ng aking makakaya, makabigay ng solusyon sa problema nila, makabigay ng proyekto na makakabenepisyo sa lugar, at makapag-iwan po ng kaunting ngiti sa panahon ng inyong pagdadalamhati,” he said. As chairperson of the Senate Committee on Health and Demography, Go reached out to residents with health concerns and advised them that they may visit the Malasakit Centers at Dr. Jorge P. Royeca Hospital in the city or South Cotabato Provincial Hospital in nearby Koronadal City. Go principally authored and sponsored Republic Act No. 11463, also known as the Malasakit Centers Act of 2019. The center is a one-stop shop where poor and indigent patients may take advantage of the medical assistance programs offered by the Department of Social Welfare and Development (DSWD), Department of Health (DOH), Philippine Charity Sweepstakes Office, and Philippine Health Insurance Corporation. To date, there are now 159 Malasakit Centers nationwide. Apart from the Malasakit Centers, Go has also been pushing for the establishment of more Super Health Centers across the country. In General Santos City, two Super Health Centers have been funded to be established. The Super Health Centers offer basic medical services, such as database management, out-patient, birthing, isolation, isolation, diagnostic (laboratory: x-ray, ultrasound), pharmacy, and ambulatory surgical unit. Other available services are eye, ear, nose, and throat (EENT) service, oncology centers, physical therapy and rehabilitation centers, and telemedicine, through which remote diagnosis and treatment of patients are made possible. “Sa mga kapatid ko, sa mga kapitbahay ko, mag-ingat kayo parati at magdasal tayo. Nandito lang kaming mga lingkod-bayan niyo at handang magserbisyo sa inyong lahat sa abot ng aming makakaya, puntahan niyo lang kami at handa kaming magserbisyo sa inyo sa abot ng aming makakaya,” said Go. As vice chairperson of the Senate Committee on Finance, Go has also supported several projects in the province including the construction of roads in Banga, Lake Sebu, Norala, Tantangan, and Surallah; acquisition of a dump truck for the local government of Norala; construction of riverbank protection in Koronadal City and T’boli; installation of street lights in Koronadal City, Norala and Tupi; and the construction of a slaughterhouse in T’boli. On the same day, Go’s team also provided similar assistance to micro-entrepreneurs also affected by heavy rains in Lutayan and Columbio, Sultan Kudarat. The post Bong Go provides help to micro-entrepreneurs in flood-hit General Santos City appeared first on Daily Tribune......»»
8.3K permits for telecom towers granted
More than 8,300 permits and clearances to build cell towers of telecommunications companies have been approved by 668 local government units, or LGUs, across the country, the Department of the Interior and Local Government said Monday. DILG Secretary Benhur Abalos Jr. said that as of 15 September, 8,311 permits for telecom towers had been approved by cities and municipalities, while 2,404 permits were still being processed in 229 cities and municipalities. Abalos said the DILG is monitoring the processing of permits and will issue show-cause orders to LGUs that delay the process. He said this is in support of President Ferdinand R. Marcos Jr.’s directive to improve and digitalize business processes, as he underscored DILG efforts to build smart cities and sustainable communities. Abalos said LGUs are streamlining their regulatory processes in line with Republic Act 11032, or the Ease of Doing Business Act. He cited his experience as a mayor of Mandaluyong City where complaints from the public were immediately acted on. He said Executive Order 32, signed by the President last July, streamlined permit processes for the construction of telecommunications and Internet infrastructure. The EO states that no other national or local permits or clearances shall be required for the construction and operation of telecommunications and internet infrastructure except those required by law. “There is usually a lot of red tape when building a telecoms tower. Because of this executive order, the requirements have been reduced and we expect interconnectivity to improve,” he said in Filipino. He added that efforts are being exerted to adopt digital or electronic facilities for business registration and renewal, and for the assessment and collection of local taxes, fees, and charges, as well as to shift to cashless payments pursuant to EO 170. “We have a joint initiative with the Bangko Sentral ng Pilipinas called Paleng-QR. When you buy vegetables and food at the market, you no longer need to bring cash. Several LGUs across the country are now into cashless transactions through this system,” he explained. The post 8.3K permits for telecom towers granted appeared first on Daily Tribune......»»