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US Justice Dept names special counsel to probe Biden’s son
The US Justice Department on Friday escalated its investigation into President Joe Biden's son Hunter, naming a special counsel amid allegations he engaged in illicit business deals overseas. Attorney General Merrick Garland appointed Delaware federal prosecutor David Weiss, who recently investigated Hunter Biden on tax and gun charges in a case that remains open. Weiss, who opened his probe in 2019, recently revealed that he was investigating Biden along other lines, and Garland said Weiss had requested special counsel status to be able to pursue his probe more widely. "Upon considering his request, as well as the extraordinary circumstances relating to this matter, I have concluded that it is in the public interest to appoint him as special counsel," Garland said. Deals in China, Ukraine Hunter Biden has come under investigation in Congress over business deals he did in China, Ukraine, and elsewhere during and after his father's 2009-2017 term as vice president. A former business associate told Congress recently that Hunter had gotten his father involved in telephone calls with his foreign partners several times. Republicans allege Joe Biden used his political position to help his son -- a claim the president denies. The move comes as Joe Biden is running for reelection, possibly in a rematch with former president Donald Trump, himself accused of felony crimes in the investigation by another Justice Department special counsel, Jack Smith. Garland gave no hint on the subject matter of Weiss' expanded probe, saying his elevation to the special counsel "reaffirms" the independence and authority of his investigation. Last month, the 53-year-old Hunter aborted a plea deal with Weiss over gun and tax charges after a judge pointed out inconsistencies in the agreement. The deal would have seen Biden avoid prison: he would have been sentenced to probation on two tax avoidance counts, and be forced into a counseling and rehabilitation program for the firearms charge. But the deal fell apart after Judge Maryellen Noreika queried why the gun charge was included in a tax case, and whether the agreement protected Biden from charges that might arise from a wider investigation of his business dealings. Biden then entered a not-guilty plea, and the two sides were expected to work out a new agreement. But in a filing in Delaware court on Friday, Weiss said those talks had reached an impasse and withdrew the offer of a plea deal. Instead, he indicated that the tax charges could be expanded to other venues. Republicans say DOJ protecting Biden There was no comment from the White House on Weiss's elevation to special counsel. In a social media post, a Trump spokesperson alleged that the Biden family had been "protected by the Justice Department for decades." "There is overwhelming evidence and credible testimony detailing their wrongdoing of lying to the American people and selling out the country to foreign enemies for the Biden Cartel's own financial gain," the spokesperson said, without offering evidence. Republican House Speaker Kevin McCarthy indicated that the Congressional probe of Hunter Biden will continue. "This action by Biden's DOJ cannot be used to obstruct congressional investigations or whitewash the Biden family corruption," he said on social media. The post US Justice Dept names special counsel to probe Biden’s son appeared first on Daily Tribune......»»
Hotel industry will follow mask policy if needed
The country’s hotel operators are willing to adhere to whatever decision the government will impose on calls to implement anew the mask policy following the spike in Covid-19 cases these past few days. This comes amid forecasts by a research group that Covid-19 cases may spike in the middle of May this year, putting the positivity rate to 19.3 percent over the weekend. “On the part of the hotel industry, it’s fairly simple, we follow the guidelines. But regardless of the guidelines, our sector as well as tourism-related establishments have been always maintaining very strict minimum health standards that are in place and making sure that we provide our guests with a safe and good experience,” said Benito Bengzon Jr., president of the Philippine Hotel Owners Association Inc. He added that his group is seeing that hotel occupancies are going back to the pre-pandemic levels. “Apart from hotel occupancy, which is seen as a major indicator, we are looking at the revenue side of it. And the good news that we have heard from our members, many or some of them have already exceeded their 2019 levels,” Bengzon told reporters during the Business Networking and Luncheon hosted by the Philippine Furniture Furnishings Market on Monday at the Conrad Hotel in Pasay. Overall, he stressed that the hotel industry in urban or city destinations “is slowly improving or much better compared to 2022.” “But the current foot traffic that we are getting now is just 25 percent of what we got in 2019. In 2019, we got 8.2 million foreign visitors, but last year, we only got 2 million. We still have a long way to go. The official target for this year in terms of foreign tourist traffic for the industry is 4.8 million,” Bengzon said. Meantime, Hotel and Restaurant Association of the Philippines president Eugene Yap said masks are now indeed part of citizen’s daily outfit, even if World Health Organization Director-General Tedros Adhanom Ghebreyesus that Covid-19 was no longer qualifies as a global emergency. “But definitely, the Covid-19 virus is still there going around, but no longer a pandemic and just an endemic. The mask will always be an important part of our attire and for some countries a form of courtesy, such as in Japan and in Taiwan. I can see that masks are still an important part, especially in food serving areas,” Yap said. “We hope there will not be much mask requirement, but I think we leave it now to the establishments for their own use,” he added. Philippine Retailers Association chairperson Paul Santos, on the other hand, echoed the sentiments of the hotel and restaurant industry on heeding the guidelines but will also leave it to the retailers what to impose on their employees and own enterprise. “We can impose that on our employees, but we cannot impose wearing masks on our customers. Generally speaking, we will follow what the government recommends,” Santos said. To recall, the Department of Health last week maintained that they have already recommended to the Office of the President, based on the agreements coming from the IATF discussions, that there is no need to return the mask mandate as they need to shift the mindset of Filipinos when it comes to the Covid-19 virus. The post Hotel industry will follow mask policy if needed appeared first on Daily Tribune......»»
RCBC to surrender trust license
Rizal Commercial Banking Corp. (RCBC) is looking to surrender its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»
RCBC surrenders trust license
Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»
JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
A pilgrimage of self-love and reflection for business leaders
A pilgrimage of self-love and reflection for business leaders.....»»
UPS expands Clark operations
Logistics giant UPS is expanding operations at the Clark International Airport in Pampanga as part of its $250-million commitment to scale up its Asia-Pacific business......»»
Infobip launches viber business calls, new solution for tech-minded entreprenuers
Infobip launches viber business calls, new solution for tech-minded entreprenuers.....»»
Calls for sustainable news business model mount after CNN Philippines closure
“As an educational institution that produces media practitioners, we stand with our alumni and with the media industry in calling for a more sustainable and ethical business model for local media instead of the for-profit model that continues to dominate the media industry.".....»»
New Year celebrations at Panigan-Tamugan River prompt conservation call
The New Year celebrations at Panigan-Tamugan River in Davao City have sparked concerns from the environmental group, Interfacing Development Interventions for Sustainability (Idis). The group expressed worry over the influx of people to the river, which falls within a Critical Watershed Zone designated by the Davao City Zoning Ordinance 2019 to 1018. Despite regulations prohibiting construction, maintenance of structures, and the conduct of business enterprises in the area, numerous individuals visited the river, leaving behind waste such as plastics, liquor bottles, and cigarette butts. This behavior violates environmental regulations and poses a threat to the watershed, which is a crucial source of drinking water for the city. Idis strongly advises the public against visiting the Panigan-Tamugan River and urges Dabawenyos to promote conservation and responsible tourism to protect the city's future water source. This call for conservation comes after the organization previously criticized a travel vlogger for promoting recreational activities in a protected conservation area......»»
Business as Usual
It is business as usual for most of the public utility vehicles in Davao City amid calls for a nationwide transport strike on Wednesday (27 December 2023). Transport groups have staged a nationwide transport strike in protest of the public utility vehicles (PUV) modernization program. MindaNews photo.....»»
It s so 2019 : Bea Alonzo calls out cheaters to stop
Actress Bea Alonzo had a direct message for individuals cheating on their partners, and appeared to make a subtle dig at an ex......»»
SMNI suspension urged for alleged violations
Davao City-based legislator and Puwersa ng Bayaning Atleta (PBA) Partylist Representative Margarita “Migs” Ignacia B. Nograles has proposed a resolution urging the National Telecommunications Commission (NTC) to suspend the operations of Sonshine Media Network International (SMNI). The resolution alleges that SMNI has violated the terms of its franchise and disseminated false information, failing in its responsibility to the public. This move is in response to multiple complaints filed against SMNI, including accusations of fake news peddling and baseless red-tagging of individuals, groups, and organizations. Specific incidents cited in the resolution include attacks on ACT Teachers Partylist Representative France L. Castro and false claims about House Speaker Ferdinand Martin Romualdez's foreign travel expenses. SMNI's host, Jeffrey “Ka Eric” Celiz, admitted to providing inaccurate information on air, further fueling the allegations against the network. Pending the Committee on Legislative Franchises' recommendations on SMNI's alleged violations, Nograles emphasized the urgency for the NTC to halt the deliberate dissemination of false information that may erode public trust. The 25-year franchise of SMNI was renewed in 2019, and the network has not yet issued an official statement regarding the resolution. In a related development, the House of Representatives Committee on Legislative Franchises cited Celiz and former National Task Force to End Local Communist Armed Conflict (NTF-Elcac) spokesperson Lorraine Badoy-Partosa in contempt for refusing to disclose their source of erroneous information and being evasive about their income from co-producing their show. Both anchors will be detained at the House premises until the committee's report is adopted in the plenary. This story highlights the growing scrutiny on SMNI's operations and the calls for accountability amid allegations of spreading false information......»»
Ilocos Sur micro-entreps get help from Bong Go
Senator Christopher "Bong" Go’s team, in coordination with Governor Jeremias “Jerry” Singson, Vigan City Mayor Jose Bonito Singson Jr., Caoayan Mayor Germelina Goulart and other local government officials, provided assistance to micro-business owners at the Vigan Conservation Complex and Caoayan municipal gymnasium in Ilocos Sur on Monday, 23 October. A total of 68 individuals received masks and snacks, while select recipients were given shoes, shirts and balls for basketball from Go’s team. Aside from the assistance from Go, the beneficiaries also qualified for the Department of Trade and Industry’s program that Go supported which provides livelihood kits to assist communities affected by crises in their recovery efforts. “Patuloy tayong sumusuporta sa mga programang pangkabuhayan lalo na yung mga makakatulong sa mga mahihirap na nahaharap sa krisis. Sa ating pakikipagtulungan, ang DTI ay nagbibigay ng mga negosyo kits sa mga kwalipikadong benepisyaryo at tinuturuan sila kung paano palalaguin ang kanilang mga negosyo para mapakinabangan ng pamilya ang kanilang kikitain. Nagbigay naman tayo ng karagdagang suporta sa mga benepisyaryo ng programang ito,” he explained in a video message. Also in attendance were DTI 1 Regional Director Grace Falgui-Baluyan and Provincial Director Charry Quodala. Go acknowledged how the COVID-19 pandemic adversely affected businesses in the country. In response to this, Go is one of the authors and co-sponsors of Republic Act 11960, known as the One Town, One Product Philippines Act. This legislation serves to institutionalize the OTOP Philippines Program, a strategic initiative tailored to nurturing the growth of Micro, Small, and Medium Enterprises throughout the country. The essence of the OTOP Program centers on the identification and promotion of distinctive products originating from various towns and municipalities. In doing so, it not only encourages entrepreneurship but also effectively harnesses local resources while preserving our rich cultural heritage. This approach facilitates increased visibility, market access, and enhanced competitiveness for micro-businesses, thereby making a substantial contribution to our country’s economic resilience. "Hindi lamang ito tungkol sa pag-angat ng MSMEs. Ito'y pagkakataon para sa bawat Pilipino, kahit saan man sila naroroon, na magtagumpay sa negosyo," he elaborated. "When communities take the lead in product development, we see more sustainable and culturally relevant outcomes. This is what OTOP aims to achieve," Go said. Go, chairperson of the Senate Committee on Health and Demography, emphasized the role played by Malasakit Centers in ensuring convenient access to the government's medical assistance programs. As part of his commitment to alleviating the struggles faced by individuals and families while improving their access to essential healthcare services, Go initiated the establishment of Malasakit Centers in 2018. This was institutionalized in 2019 through the passage of RA 11463, which was principally authored and sponsored by Go. Since its inception, the Malasakit Centers have helped more than seven million poor and indigent patients nationwide. Currently, there are 159 Malasakit Centers, including those at Ilocos Sur Provincial Hospital (formerly known as Gabriela Silang General Hospital) in Vigan City and Ilocos Sur Medical Center in Candon City. Moreover, Go also supported the construction of more than 600 Super Health Centers in strategic locations nationwide including four in Ilocos Sur as identified by the Department of Health which is the lead implementing agency. The initiative was a collaborative effort among lawmakers, LGUs and the DOH. According to Go, Super Health Centers are designed to focus on primary care, consultation, and early detection of diseases, further strengthening the healthcare sector in the country, especially in rural communities. It will also help decongest hospitals. Go, vice chairperson of the Senate Committee on Finance, also supported various infrastructure projects, including the road improvements in Magsingal and Narvacan; acquisition of medical equipment for public health facilities in Cervantes, Magsingal, Narvacan, Salcedo, Sinait and Sta. Lucia; acquisition of ambulance units in Burgos, Nagbukel, San Emilio and Tagudin; and construction of multipurpose buildings, halls and gyms in Bantay, Cabugao, Santa, Sigay and Sugpon. The post Ilocos Sur micro-entreps get help from Bong Go appeared first on Daily Tribune......»»
Bong Go calls on DSWD, concerned agencies to update list of indigent senior citizens
Senator Christopher "Bong" Go emphasized the need to update the list of indigent senior citizens, in accordance with Republic Act No. 11916. The said law also mandates an increase in the pension of indigent senior citizens -- from PHP500 to PHP1,000. RA 11916 or an Act Increasing the Social Pension of Indigent Senior Citizens amended RA 7432, the first Senior Citizens Act. The law was co-authored by Go in the Senate. “This amendment is a step forward in ensuring a better quality of life for our senior citizens. It's crucial that we provide them with the necessary support to live comfortably,” Go said. “Nandiyan na ang batas. Dapat maimplementa ito ng maayos para mapakinabangan ng taumbayan lalo na ng mga matatanda na sakop ng batas na ito. Ibigay dapat ang nararapat sa kanila at huwag patagalin pa,” he stressed. Go then cited Section 6 of RA 11916 which mandates the Department of Social Welfare and Development (DSWD), transitioning later to the National Council for Senior Citizens (NCSC), to annually update and validate the beneficiary list with the aid of the Philippine Statistics Authority (PSA) and the local government units. Go expressed his concern regarding the need to urgently update the list of beneficiaries, as the number of indigent seniors may have increased over time. "It's imperative that we review and promptly update the list of beneficiaries to ensure that the aid reaches the senior citizens who are truly qualified to benefit from the law," Go remarked. Go also co-authored and co-sponsored Senate Bill No. (SBN) 2028, which was principally sponsored by Senator Imee Marcos. The bill aims to provide additional support to individuals who have reached the age of 80 and 90 years old. This proposal amends the Centenarian Act of 2016, acknowledging that not everyone reaches the milestone of a century. He emphasized the cultural significance of caring for the elderly in the country and highlighted the importance of providing them with financial support while they can still benefit from and enjoy it. “Nasa kultura na nating mga Pilipino na alagaan ang ating mga nakakatanda. Dapat natin silang suportahan at bigyan ng pagkilala. Habang kaya pang pakinabangan at ma-enjoy ng senior citizen ang cash gift, ibigay na natin sa kanila,” said Go. Just recently, the Office of Senator Go, together with United Senior Citizens Partylist Rep. Milagros Aquino-Magsaysay, the Office of Senator Robin Padilla, and volunteer organizations, spearheaded an activity for senior citizens on Monday, October 16, during the United Senior Citizens Association-Quezon City (USCAQC) General Assembly held at White Twins Court, Quezon Memorial Circle in Quezon City. Around 1,000 attendees were provided with essential goods from Senator Go such as grocery packs, snacks, and shirts while a select recipient likewise received a cellular phone. The participants were also given various forms of assistance from the participating offices to promote the welfare of the elderly. Meanwhile, Go urged senior citizens to utilize the services of Malasakit Centers for medical assistance they might need. Initiated by Go in 2018, the Malasakit Centers program was institutionalized under the Malasakit Centers Act of 2019, which he principally authored and sponsored. There are now 159 Malasakit Centers nationwide that have helped more than seven million Filipinos. “Prioritizing the needs of the underprivileged, especially senior citizens, in public service delivery is paramount. Rest assured, I will continue to support programs aimed at improving the lives of the elderly,” concluded Go. The post Bong Go calls on DSWD, concerned agencies to update list of indigent senior citizens appeared first on Daily Tribune......»»
A positive difference
“The best way to find yourself is to lose yourself in the service of others,” Mahatma Gandhi once said. Marian Wright Edelman states, “Service is the rent we pay for being. It is the very purpose of life, and not something you do in your spare time.” Two memorable statements capture the essence of Attorney Kelvin Lester Lee, hailed by Dean Antonio La Viña of Ateneo School of Government as “one of the finest and most visionary individuals to have emerged from Ateneo Law School.” It’s no surprise that Atty. Lee became a Commissioner at the Securities and Exchange Commission in 2019. While his position may be formidable, those who have met him in person can attest to his kind-hearted nature and willingness to devote his time generously. When expressing his views, he displays a remarkable level of candor, always taking the time to carefully consider his words before speaking. Aside from his sense of humor, Lee possesses a remarkable ability to engage in meaningful conversations. When he speaks, he has a way of looking directly into your eyes, underscoring the significance of his words. Even in intense situations, he maintains a calm demeanor and is known to offer a comforting smile, lightening the atmosphere. In his role as Commissioner at the SEC, Atty. Lee assumes the responsibility of overseeing various crucial departments and divisions. These include the markets and securities regulation department, the information and communications technology department, the PhiliFintech innovation office dedicated to Philippine financial technology, and the international affairs and protocol division. Moreover, he holds authority over capital markets, sustainable finance, Fintech and information technology, and international affairs, ensuring their effective management and implementation. While the enormity of those tasks might induce vertigo in most individuals, Atty. Lee remains unfazed. “It is perhaps the best job I have ever had,” he admitted. “I enjoy making a positive change in the sector I am handling. I enjoy pushing innovations and encouraging improvements in the financial sector and capital markets.” With great responsibility, Lee adopts a heightened level of caution. Recognizing the potential impact of his words, he expressed the need to exercise carefulness in his public statements, as any statement he makes can influence the stock market. This awareness underscores his commitment to acting with prudence and considering the far-reaching implications of his words. Let’s delve into the life of Lee, who began his journey in the humble city of Davao, his birthplace. He embarked on his educational path at the Ateneo de Davao University for his grade school education, followed by his enrollment at Davao Central High School, then called Davao Chinese High School. After completing his schooling in Davao, he ventured to Beijing, China, where he pursued studies in the Chinese language and gained work experience with a foreign company. However, after two years, he returned to the Philippines and enrolled in Ateneo de Manila University to pursue a law degree. This journey showcases his diverse experiences and the foundation of his educational and cultural background. “The Ateneo de Manila entrance exam was the only one I could take that year when I came back from China,” he said, adding that he never dreamed of becoming a lawyer. “I just wanted to give it a try. And found I was a surprisingly good fit for it.” As a lawyer, he has five ideal lawyers. Only one is a foreigner: Sir Thomas Moore, an English lawyer, social philosopher, author, and statesman whom Roman Catholics venerated as Saint Thomas More. “He stood by his faith and principles,” he said. Fresh from hurdling the Bar exam, he worked at the Siguion-Reyna Montecillo and Ongsiako law firm, where he learned the importance of being enterprising and putting in a diligent effort to succeed. However, despite his professional growth, he decided to quit and return to his hometown of Davao, placing the deeply rooted value on family and prioritizing personal and familial responsibilities above career pursuits. As a father to two daughters, Atty. Lee expressed that fatherhood has had a profound impact on him, bringing about significant changes. He considers it one of the greatest blessings he could ever receive. According to him, the love that his children show him is genuine and unmatched. He believes that the love of young children is unparalleled. Experiencing this level of love is indescribable, knowing someone loves you unconditionally. This extraordinary bond makes fatherhood one of the most precious and fulfilling aspects of his life. “The love your kids show you is real,” he said. “You will never be as loved as you are by your young children. There is no feeling quite like it to know that someone loves you as much as that. That’s what makes it one of the best things.” Working in government “It is an honor to serve. Very few people get an opportunity to help the country and serve the president and the people,” said Lee, who is a former assistant secretary at the Office of the Executive Secretary in Malacañang, where he was also designated to sit on the Board of the Subic Bay Metropolitan Authority. Atty. Lee’s dedication to public service earned him well-deserved recognition in his field. In March this year, he received two international accolades for his role in driving the advancement of financial technology in the Philippine business sector, highlighting his visionary thinking and influential impact solidifying his reputation as a trailblazer in the field. In the 10th annual Asia-Pacific Stevie Awards, Lee was bestowed the Gold Stevie award for his outstanding contributions as a Thought Leader of the Year. These awards celebrate workplace innovation across all 29 countries in the Asia-Pacific region. From a vast pool of over 800 regional nominations, winners were selected in various categories, including the Award for Excellence in Innovation in Products & Services, the Award for Innovative Management, and the Award for Innovation in Corporate Websites, among others. “It feels great. It’s always wonderful to be recognized for all the hard work and changes you pursue at a government agency. And I was quite surprised to get the Gold Stevie Award, the highest level of the award for thought leadership. I feel so honored!” In the next decade, Atty. Lee, now 44, envisions continuing his career in law, possibly incorporating elements of technology, and hopes to stay actively involved in government work and make a significant impact by fostering meaningful transformation. “Working in government can be quite fulfilling. I encourage young lawyers and professionals to enter the arena and work in government to try and make a positive difference.” The post A positive difference appeared first on Daily Tribune......»»
Malasakit Centers: Haven for poor Pinoys
Amid prevailing financial hardships particularly among poor Filipinos, the pivotal role of Senator Christopher “Bong” Go’s Malasakit Centers comes to fore through the compelling narrative of 23-year-old Wally Bernardo of Cavite. A small baking business, which Wally runs with his partner, helps cover his dialysis expenses. His ordeal started in 2017 when a nagging backache unveiled an unsettling reality — a diagnosis of chronic kidney disease secondary to arthritis. Initially misdiagnosed with high blood pressure, he soon found himself restricted to the regular hum of dialysis machines, a routine that escalated from three times a week to an excruciating 12 times a week, as his condition worsened. As Wally’s medical bills soared, he sought intervention from a Malasakit Center, which led to a much-needed relief for his dire financial situation. Recounting the day his relatives approached the center, Wally said, After that we approached the social health service as I knew there was Malasakit here.” “My relatives went there and gave us our bill. It was processed at about noon. In the afternoon we were already discharged.” The indelible mark of gratitude is apparent in Wally’s words, “Thank you to Senator Bong Go, to his staff. We are really grateful for his help, in giving us a guarantee letter, in assuring those who have not much finances.” As chairperson of the Senate Committee on Health and Demography, Go persistently encouraged the public to avail themselves of the medical and financial assistance offered by the Malasakit Centers. Malasakit Centers bring together representatives from the Department of Social Welfare and Development, Department of Health, Philippine Health Insurance Corporation, and Philippine Charity Sweepstakes Office. These one-stop shops aim to support impoverished patients in reducing their hospital costs to the least possible amount. The Malasakit Centers Act of 2019, or Republic Act 11463, principally authored and sponsored by Go, has so far facilitated the establishment of 159 operational Malasakit Centers across the country. Meanwhile, Go’s outreach team, together with Mayor Elmor Vita and Councilor Rey Comendador, conducted a relief operation at the municipal gymnasium in Nagcarlan, Laguna last Tuesday, 17 October. Go provided masks, vitamins, shirts, and balls for basketball and volleyball for 450 market vendors. He also gave away shoes, and mobile phones to select recipients. The post Malasakit Centers: Haven for poor Pinoys appeared first on Daily Tribune......»»
Tourism, agribusiness need prioritization — PCCI
The country’s biggest congregation of business owners in the country, the Philippine Chamber of Commerce and Industry, said the Marcos Jr. administration must focus on the industries of tourism and agribusiness as they provide opportunities to Filipinos. Apart from the two, PCCI president George Barcelon said other industries that need further push and support are IT-BPO and creative industries, manufacturing, mining, and mineral resources, considered to be ideal and attractive for local and foreign investments and could amplify the economic growth and competitiveness of the country. “Some of our neighboring countries in ASEAN have really moved fast over the past 10 years. We had been lagging them in terms of exports, investments, and trade and we could not afford to be in this situation, so we really need to review our policies for us to be attractive to local and foreign investors,” Barcelon said. He said this will be the center of discussions at the upcoming 49th Philippine Business Conference & Expo set this month, which will gather industry leaders and practitioners to provide insights and share some prospects in what an interesting discussion on policies and regulations could be to attract investors and stimulate investments in these sectors. He said tourism and agribusiness are low-hanging fruits that the government should seriously prioritize and develop as it provides many opportunities for Filipinos. In 2022, the tourism and travel industry only contributed 6.2 percent to the country’s GDP lower than 12.7 percent in 2019 prior to the pandemic. The latest data from the Department of Tourism said that from 1 January to 29 September 2023, a total of 4,005,465 visitors arrived in the country, bringing in a total of P316 billion in revenue into the government coffers and hiring 5.35 million Filipinos in tourism-related jobs. The Philippine agribusiness, on the other hand, contributed only around 8.9 percent to GDP in 2022 where in fact its contribution could actually reach 35 percent. The mining and mineral sector, meanwhile, was able to boost the country’s growth by P102B in 2020 during the pandemic while the manufacturing sector contributed 17.2 percent in 2022. “As the private sector takes the lead in mapping out plans for Vision 2050, we hope our government will focus its attention on harnessing these sectors and address the challenges that hinder the country’s economic growth. We have the competitive advantage to become a first world economy by 2050, we just have to do extra work to achieve it,” said Architect Felino Palafox Jr., who chairs the 49th PBC&E happening on 25-26 October at The Manila Hotel. This year’s conference carries the theme Vision 2050: The Philippines A First-World Economy. It will initiate discussions and gather insights from visionary leaders and policymakers on how the country, given its strategic location, natural and human capital resources, and the many advantages it has, can become one of the industrialized and developed economies by 2050. The two-day event will interestingly gather prominent business personalities, national and local executives, and international leaders. The post Tourism, agribusiness need prioritization — PCCI appeared first on Daily Tribune......»»
Countless proclamations yet no action – HPFPI President
Speaking during the Philippine Forum 2023 at the PICC, People’s Federation of the Philippines Incorporated National President Maria Theresa Carampatana lamented the seeming inaction to address housing problems. She claimed that they have yet to see the implementation of several government programs. “There are so many proclamations that have not been taken care of, so if there is a solution, why not implement it immediately?” Carampatana said. She added: “If we are slow to come up with solutions and slow to take action, we will not achieve anything.” Carampatana outlined the primary issues and problems of poor citizens who have remained stigmatized due to insecurity of land and housing tenure, irregular jobs, and limited participation in development planning. Housing programs, she said, are equally important as appropriating funds for education and basic services. “If housing is not given the same focus as education and basic services, and if that continues, the problem of house deficits will increase,” she said. Carampatana presented priority actions and solutions: People-led Housing and Urban Development, Diversified Housing Modalities and Finance Mechanisms, and Security of Tenure for Urban Poor Communities. Warlito G. Quirimit, chief of the Department of Human Settlements and Urban Development Public Housing and Settlements, said the department has outlined resettlement housing options as a solution to the existing problem. “Under this framework, we are building resettlement housing options that must be available and affordable to the affected families. Included in this framework it also requires community development,” Quirimit said. Quirimit also added that the purpose of the community-based initiative is to promote the participation of the affected families in the urban poor community. “The community-based initiative approach, which was issued under the Memorandum Circular 2019-714 under this strategy is designed to build on community initiative and promote the participation of the affected families through their community associations in relation to the resettlement decision-making process. The community association participates in the project planning and in the implementation, particularly in the choice of permanent housing in resettlement projects, through financing in the selected sites and other commitments to participate in the project implementation process,” He said. The 4PH program, a centerpiece of the Marcos Administration, calls for the development of one million housing units annually until 2028 to address the housing needs and backlogs, while also improving target beneficiaries’ affordability by lowering the affected families’ monthly amortization and facilitating access to both end-user financing and developmental loans. The Philippine Urban Forum 2023 tackled issues fostering meaningful dialogues, exchanging ideas from urban experts, promoting innovations and best practices, and finding solutions to the complex challenges that urban centers face. The post Countless proclamations yet no action – HPFPI President appeared first on Daily Tribune......»»
2023 National Arts and Crafts Fair
The 2023 National Arts and Crafts Fair, a flagship platform for showcasing the rich cultural heritage of indigenous crafts, arts, and traditions, will be held from 4 to 8 October at Megatrade Halls 1-3 in SM Megamall, Mandaluyong City. It is being organized by the Department of Trade and Industry – Bureau of Domestic Trade Promotion in collaboration with the DTI Regional and Provincial Offices and supported by the Office of Senate President Pro Tempore Loren Legarda. The National Arts and Crafts Fair was conceptualized and initiated by Senator Legarda in 2016. As a national fair dedicated exclusively to our homegrown creative industries, the NACF is a significant initiative not only for preserving the country’s cultural heritage but also for promoting the economic viability of indigenous arts and crafts. Pre-pandemic, the five NACFs held from 2016-2019 were able to generate revenues of Php 114 million for its exhibitors. Back in the spotlight after a three-year hiatus, more than 200 micro, small, and medium enterprises from the country’s 17 regions have been carefully curated for the 2023 NACF. Their displays will feature traditional products such as Philippine fabrics, handwoven items, and handicrafts, as well as contemporary interpretations in the form of handmade ornaments, jewelry, woven apparel, and fashion accessories. Beyond the economic empowerment of indigenous communities and local artisans, the NACF also offers an educational experience through its daily program of activities. Attendees will have the opportunity to delve deeper into the cultural significance of our artistic traditions through workshops, demonstrations, and interactive exhibits. Aspiring entrepreneurs will find valuable resources and business insights during dedicated talks and sessions. Most significantly, the daily program will include feature presentations from the various Schools of Living Traditions from all over the region, providing an immersive experience into the rich and diverse cultural resources of our people. The post 2023 National Arts and Crafts Fair appeared first on Daily Tribune......»»