We are sorry, the requested page does not exist
Davao de Oro flood victims receive aid from Bong Go
Senator Christopher “Bong” Go’s team extended assistance to residents recovering from recent flooding in Pantukan, Davao de Oro on Wednesday, 30 August. In a video message, Go acknowledged local officials, including Governor Dodot Gonzaga, Vice Governor Tyron Uy, and Mayor Leonel Ceniza, for their prompt response to the needs of the affected families. Go's team distributed masks, shirts, and vitamins to 649 flood victims present at Barangay Napnapan covered court. They also gave away shoes, mobile phones, watches, and balls for basketball and volleyball. The Department of Social Welfare and Development (DSWD) also extended financial assistance through the Assistance to Individuals in Crisis Situation program. Congressman Ruwel Gonzaga, Board Member Ruwina Gonzaga, and former governor Arturo Uy were present during the event. “Alam ko pong mahirap ang panahon ngayon pero magtiwala lang ho kayo sa gobyerno. Kayo po ang nagbibigay ng lakas sa amin upang makapagserbisyo pa po sa abot ng aming makakaya para malampasan natin ang krisis at sana po’y makabalik na tayo sa ating normal na pamumuhay,” said Go. Go also stressed the urgent need for a comprehensive and coordinated disaster management approach. He highlighted the importance of Senate Bill No. 188, which proposes the establishment of the Department of Disaster Resilience (DDR). SBN 188 aims to consolidate all disaster-related agencies and functions into a single entity to streamline efforts and enhance disaster response efficiency. By elevating DDR to a Cabinet secretary-level department, the government can better allocate resources, develop improved disaster risk reduction strategies, and promptly aid affected communities, especially those from vulnerable sectors, cited Go. “Dapat na may nakatutok talaga na may awtoridad at malinaw na mandato. Hindi na puwedeng laging task force na lang dahil temporary lang ito at nawawala ang continuity kapag nagpalit na ng administrasyon. Mahirap din kung mananatiling coordinating council lang ang mamamahala sa ganitong sitwasyon dahil sa kakulangan ng kapangyarihan nito,” Go earlier explained. “Dapat ay departamento sana na may Cabinet-level na kalihim na in-charge para may kapangyarihan at kakayahang i-mobilize ang buong gobyerno kapag kinakailangan. Magkakaroon siya ng personalidad na diretsong isasangguni sa ibang departamento ang pangangailangan ng mga taong apektado ng krisis,” he added. As chairperson of the Senate Committee on Health and Demography, Go took the opportunity to emphasize the importance of prioritizing health for the residents. He encouraged them to avail of medical assistance through the Malasakit Centers, conveniently located at Davao de Oro Provincial Hospital branches in Laak, Montevista, Maragusan, and Pantukan, as well as the Davao Regional Medical Center in nearby Tagum City. Initiated by Go in 2018, the Malasakit Centers serve as one-stop shops, bringing together multiple government agencies such as DSWD, Department of Health (DOH), Philippine Health Insurance Corporation, and Philippine Charity Sweepstakes Office, to ensure medical assistance programs are accessible by indigent Filipinos. Go is the principal author and sponsor of Republic Act No. 11463, commonly known as the Malasakit Centers Act of 2019. The program has demonstrated its effectiveness nationwide, benefiting over seven million Filipinos, as reported by DOH. Go also highlighted the role of Super Health Centers in making quality healthcare services accessible to all Filipinos, especially those living in remote and underserved areas. Go also stressed that no Filipino should be left behind when it comes to receiving proper medical attention and treatment. In 2022, the Super Health Centers in Davao de Oro commenced construction in Montevista, Nabunturan, and Mawab. This year, there will be two centers in the town, and one each in Monkayo and Compostela. “Ang kagandahan nito early detection at magagamit ito sa pagkokonsulta and it will help decongest the hospital dahil pwede na pong gamutin dito. At ilalagay po ito sa mga strategic areas. Ilalagay nila sa isang barangay kung saan po’y makaka-access ‘yung mga kababayan natin, hindi na nila kailangan pang magbiyahe pa sa Poblacion, hindi na nila kailangang magbiyahe pa sa provincial hospital. Pwede na pong gamutin dito, early detection mas maganda po ‘yon para hindi na lumala ang sakit ng mga pasyente,” Go said. He also underscored the importance of bringing specialized medical services closer to communities by establishing dedicated specialty centers in regional hospitals under the DOH. Go is the principal sponsor and one of the authors of RA 11959 or the Regional Specialty Centers Act. The newly enacted law includes provisions for the establishment of specialty centers within existing government-controlled corporations or specialty hospitals. It also outlines the specific service capabilities that DOH will implement in regional hospitals. Go, vice chairperson of the Senate Committee on Finance, has actively supported various infrastructure projects in Davao de Oro. His contributions include the construction of a multipurpose building in Compostela; construction of the Monkayo, Compostela Valley-Veruela Road; and improvement of the public market in Monkayo. Other major initiatives he supported include the construction of the Nabunturan-Maco and Nabunturan-Laak roads; the installation of street lights in Nabunturan; the rehabilitation of the local roads and bridges in New Bataan; and the concreting of the local access road in Pantukan. The post Davao de Oro flood victims receive aid from Bong Go appeared first on Daily Tribune......»»
One giant step: Moon race hots up
Russia's plan to launch its lunar lander on Friday is the latest in an international push to return to the Moon that includes the world's top powers but also new players. Technology, science and politics are all essential factors in the Moon race. Here is the latest: China's great leap China is pursuing plans to send a crewed mission to the Moon by 2030 and plans to build a base there. The world's second-largest economy has invested billions of dollars in its military-run space program in a push to catch up with the United States and Russia. China was the third country to put humans in orbit in 2003 and Tiangong is the crown jewel of its space program, which has also landed rovers on Mars and the Moon. The unmanned Chang'e-4 rocket landed on the far side of the Moon in 2019, with another robot mission to the near side raising the Chinese flag there in 2020. That moonshot brought rock and soil samples back to Earth, the first time that has been done in more than four decades. NASA's Artemis NASA's Artemis 3 mission is set to return humans to the Moon in 2025 including its first woman and first non-white astronaut. Under the Artemis program, NASA is planning a series of missions of increasing complexity to return to the Moon and build a sustained presence in order to develop and test technologies for an eventual journey to Mars. The first, Artemis 1, flew an uncrewed spacecraft around the Moon in 2022. Artemis 2, planned for November 2024, will do the same with crew on board. NASA sees the Moon as a pit stop for missions to Mars and has done a deal with Finnish mobile firm Nokia to set up a 4G network there. However, NASA said this week that the Artemis 3 mission may not land humans on the Moon, depending on whether certain key elements, including the landing system developed by SpaceX, were ready. Elon Musk's firm won the contract for a landing system based on a version of its prototype Starship rocket, which remains far from ready. An orbital test flight of the uncrewed Starship ended in a dramatic explosion in April. Russia's Luna Russia's launch of Luna-25 on Friday will be its first to the Moon since 1976 and marks the beginning of Moscow's new lunar project. President Vladimir Putin is looking to strengthen space cooperation with China after ties with the West broke down following the start of Moscow's invasion of Ukraine in 2022. New players Recent technological progress has reduced the cost of missions and opened the way for new players in the public and private sector to get involved. India's latest space mission Chandrayaan-3 entered the Moon's orbit in August ahead of the country's second attempted lunar landing later this month. But getting to the Moon is not an easy task. Israeli non-profit SpaceIL launched its Beresheet lunar lander in 2019, but it crashed. And in April this year Japan's ispace was the latest company to try, and fail, at the historic bid to put a private lunar lander on the Moon. Two other US companies, Astrobotic and Intuitive Machines, are set to try later in the year. The post One giant step: Moon race hots up appeared first on Daily Tribune......»»
Phl cinema in the first year of BBM
Here, we look back at the state of the Philippine film industry since he took the seat of power 13 months ago. When President Marcos Jr. became the 17th leader of the nation, the country was on the brink of the “new normal.” The campaign elections even saw multitudes of crowds in the streets, the Filipinos’ political passion overpowering the fear of a Covid-19 infection. Covid-pandemic viewing By May 2022, the month of the presidential campaigns, the Department of Health said the country was at “minimal-risk case classification” with an average of only 159 cases per day. By June 2022, when the President took his oath, 69.4 million Filipinos had been fully vaccinated. Along with the country, the Philippine film industry started healing. On the same month, the country went under Covid-19 Alert Level 2, with 50-percent allowed capacity in indoor cinemas. Live film festivals The Marcos administration saw the return of Filipino film festivals in theaters. On Marcos’ fifth month as president, the QCinema International Film Festival, with the theme “in10City,” held hybdrid screenings — in-person and online. The Metro Manila Film Festival in December 2022, six months into the new presidency, went full force in cinemas for the second time during the pandemic. Earlier, in 2020, during the Duterte administration, the festival was held online for the first time, and the following year, in December 2021, after level alert measures in the Philippines were relaxed, the MMFF finally went back to the cinemas. However, only around 300 cinemas (down from the usual 900) were allowed to screen the MMFF entries. Meanwhile, the 18th edition of the Cinemalaya Philippine Independent Film Festival was held from 5 August to 31 October 2022 at the Cultural Center of the Philippines, in select mall cinemas and online. But what made a mark during the Marcos administration’s first year was the inaugural edition of the 2023 Summer Metro Manila Film Festival. The SMMFF was held in Metro Manila and throughout the Philippines. Organized by the Metropolitan Manila Development Authority in partnership with the Cinema Exhibitors Association of the Philippines, the first MMFF was supposed to be held in 2020, but was canceled due to the Covid-19 pandemic. In 2023, held from 8 to 18 April 2023 with the theme “Tuloy-tuloy ang Saya,” the summer festival featured eight entries and, like its December counterpart, even held a Parade of Stars. About Us But Not About Us by Jun Lana, produced by The IdeaFirst Company, Octobertrain Films and Quantum Films, emerged as the first Best Picture of the summer festival. [caption id="attachment_161372" align="aligncenter" width="1200"] About Us But Not About Us by Jun Lana[/caption] The Film Development Council of the Philippines’ sixth edition of its own mini-film festival, held during the Marcos administration’s third month, headed back to cinemas, offering free access to award-winning classic films of the new National Artists for Film and Broadcast Arts at TriNoma Cinema in Quezon City and in all Cinematheque centers nationwide (Manila, Iloilo, Negros, Davao and Nabunturan). CCP closes for renovations On 1 September 2022, CCP president Margarita Moran-Floirendo announced during a hearing of the Senate committee on cultural communities, that The Cultural Center of the Philippines — home to the Cinemalaya festival — will close its doors starting January 2023 for renovation and structural retrofitting works, and will reopen in March 2025. This marks the first time that Cinemalaya, on its 19th year, which has the theme “ilumiNasyon,” will be held at various venues inside the adjacent Philippine International Convention Center, from 4 to 13 August 2023. The rise of political films With the country deeply driven by polarized political views, the Marcos administration saw a war between political commercial films. [caption id="attachment_161370" align="aligncenter" width="1800"] ‘MAID in Malacanang’ stars Cristine Reyes, Diego Loyzaga and Ella Cruz. | Photograph courtesy of viva[/caption] On 29 July 2022, Darryl Yap’s period drama Maid in Malacañang, touted as “the most controversial film of the year,” was released to packed cinemas. The movie, about the Marcos family’s last three days in Malacañang Palace before they were forced into exile, premiered at SM North EDSA and was released nationwide on 3 August 2022. Yap, who passionately campaigned for Marcos, became a controversial filmmaker with the release of his Marcos film. Leni Robredo supporters tried to boycott the film, with some Filipino movie critics exposing themselves as heavily political and non-neutral with their reviews, accusing the film of propaganda and historical revisionism. The attempt to quash the movie’s release failed and it became a box-office hit, with producer Viva Films releasing a statement that it earned a whopping P21 million on its opening day and P63 million three days after its release. It was the first time in Philippine cinema history that local theaters nationwide saw a deluge of moviegoers lining up to watch a movie on the big screen, mostly driven by political affiliation. Another unsuccessful political attempt to diminish the film’s release was Vince Tañada’s re-release of his Martial Law film Katips to counter Maid in Malacañang. Tañada’s film eventually won Best Picture at the Famas Awards. MIM actress Ella Cruz’s remark during a press conference, that “history is like tsismis,” further fanned the flames of political debate online. Eight months later, in March 2022, Viva released Yap’s second installment in his Marcos trilogy, Martyr or Murderer, which now focused on Ferdinand Marcos and the assassination of Ninoy Aquino. Two anti-Marcos movies rose to combat the film — Joel Lamangan’s Oras de Peligro, released on the same day, and Tañada’s movie adaptation of his musical play Ako Si Ninoy, released one week earlier. Movie buffs, political analysts, film critics, the press and social media influencers dove into feverish commentaries on the three films, and Philippine cinemas were ignited and, for a while, became alive with social discourse. New FDCP head On 21 July 2022, Tirso S. Cruz III officially assumed his position as the head of the country’s national film agency, the Film Development Council of the Philippines. He replaced Liza Diño, who was appointed by President Rodrigo Duterte as FDCP chairperson on 12 August 2016. [caption id="attachment_161368" align="aligncenter" width="736"] FDCP chair Tirso Cruz III. | PHOTOGRAPH COURTESY OF FDCP[/caption] Cruz, a veteran actor, said that the target of the FDCP under the Marcos administration was to support local films, not just in Metro Manila, but also from regional filmmakers. He also professed support for film students and highlighted archiving as part of the FDCP’s agenda, with 42,000 materials in its archives to be salvaged. MTRCB In September 2022, the Movie and Television Review and Classification Board released a statement addressing the controversy about its proposal to expand its jurisdiction to online streaming services like Netflix, Vivamax, Amazon Prime and other streaming platforms. The MTRCB said it was responding to multitudes of complaints from parents and other concerned groups demanding that the agency regulate movie and TV online platforms to protect children from harmful viewing. The Marcos administration has seen a continuous boom in streamers, which began during the pandemic, with Vivamax becoming one of the leading local streamers due to the popularity of Filipino sexploitation films. On 23 February 2023, MTRCB chairperson Lala Sotto-Antonio expressed her gratitude to Senators Francis “Tol” Tolentino, Grace Poe and Sherwin Gatchalian for the separate bills they filed that would amend and expand the board’s mandate. “We welcome the move to amend the charter of the MTRCB as it will allow the agency to adequately adapt to changes in technology and the ever-evolving needs of the viewing public and our other stakeholders,” Sotto-Antonio said before the Senate Committee on Public Information and Mass Media chaired by Senator Robinhood C. Padilla. Eddie Garcia Act In January 2023, the chamber passed through voice voting House Bill 1270, or the proposed Eddie Garcia Act, at the House plenary session. [caption id="attachment_161367" align="aligncenter" width="1000"] HOUSE Bill 1270 has been proposed in honor of the late actor Eddie Garcia. | Photograph courtesy of gma-7[/caption] Camarines Sur Rep. Luis Raymund Villafuerte authored the bill, which aims to provide workers in the movie, television and radio entertainment industry opportunities for well-paid employment and protect them from economic exploitation, abuse and harassment, as well as hazardous working conditions. The bill was named after the late veteran actor Eddie Garcia, who died in 2019 after suffering a neck injury while shooting the television series Rosang Agimat, produced by GMA Network. According to Villafuerte, productions would go from 16 to 24 continuous work hours per set and would rush productions to save costs. The proposed law mandates that normal work hours of the worker or talent shall be eight hours a day; overtime work should not exceed more than 12 hours in a 24-hour period; and the total number of work hours shall not exceed 60 hours in a week. Paul Soriano Relatively unknown to most Pinoy moviegoers, filmmaker Paul Soriano was put on the limelight as the man behind the President’s advertisements — way back from campaigns since Marcos started out as vice governor, and then, governor of Ilocos Norte, up until his senatorial campaign, and eventually his campaign for the vice presidency and presidency. [caption id="attachment_161371" align="aligncenter" width="781"] PRESIDENTIAL Adviser on Creative Communications Paul Soriano. | PHOTOGRAPH COURTESY OF ig/PAUL SORIANO[/caption] Of course, the opposition in the film industry predictably canceled Soriano, the blood nephew of First Lady Liza Cacho Araneta-Marcos. Dolly de Leon It was also during the BBM era that Filipina actress Dolly de Leon gained international fame for her performance in the 2022 Cannes Palme d’Or winner Triangle of Sadness. [caption id="attachment_161366" align="aligncenter" width="705"] Dolly de Leon gained international fame for her performance in the 2022 Cannes Palme d’Or winner ‘Triangle of Sadness.’ | Photograph courtesy ofig/dolly de leon[/caption] The 54-year old film, television and theater actress made history by becoming the first Filipino actor to be nominated at the British Academy Film Awards and Golden Globe Awards. Filipino movie fans and critics, having been exposed to global content since the rise of the streamers, plus the proliferation of self-published movie reviews, are generally still disappointed with the output and system of the Philippine film industry, but filled with hope that, with full support from the government, Philippine cinema will finally become truly internationally competitive, sustainable and recognized. The post Phl cinema in the first year of BBM appeared first on Daily Tribune......»»
Remolona new BSP head
President Ferdinand Marcos Jr. has appointed Eli Remolona as the new Governor of the Bangko Sentral ng Pilipinas, Malacañang announced on Friday. The Palace made the announcement through the Presidential Communications Office as the six-year term of a BSP Governor, currently held by Governor Felipe Medalla, will end in July. Marcos made has made the decision to appoint a new Governor to succeed Governor Medalla after extensive consultations with the Department of Finance, various government offices, private banks, and financial institutions, PCO added. "As the newly appointed governor, Mr. Remolona is expected to leverage his extensive knowledge and experience to guide the BSP in promoting financial stability, implementing effective monetary policies, and fostering a robust banking sector," PCO said. "His appointment ushers in a new era for the central bank, with great anticipation and confidence in his ability to steer the Philippine economy toward sustained growth and stability," PCO added. Mr. Remolona's impressive career includes a notable tenure of 14 years at the Federal Reserve Bank of New York, followed by 19 years at the Bank for International Settlements. During his time at the BIS, he served as the regional head for Asia and the Pacific, where he closely collaborated with the governors of 12 leading central banks in the region. His work focused on crucial issues such as financial stability, capital market development, and asset management for Asia-Pacific central banks. A distinguished academic, Remolona also served as a Professor of Finance and Director of Central Banking at the Asia School of Business in Kuala Lumpur, in collaboration with the MIT Sloan School of Management from 2019 to 2022. He taught courses on monetary policy, money, and capital markets, and digital transformation, contributing to the education and development of future finance professionals. Remolona's expertise extends beyond academia, as he held various positions of high importance in the financial industry. Notably, he served as the Chief Representative for Asia and the Pacific at the BIS, where he led a team of 35 professionals, managed a significant budget, and oversaw policy-oriented research and financial services provided to central banks and governments in the region. Remolona has published over 5,500 citations in leading journals in economics and finance. His contributions to the field of finance are further highlighted by his role as an Associate Editor for Finance of the International Journal of Central Banking from 2005 to 2022. His journey in economics began in 1972 when he served as an economist at the Presidential Economic Staff and Development Management Staff, under Alejandro Melchor, then Executive Secretary of President Ferdinand E. Marcos. He also joined a high-level economic mission to the Philippines, advising President Ferdinand E. Marcos on structural reforms. Throughout his career, he has also worked as a consultant for esteemed institutions such as the Asian Development Bank, the International Monetary Fund, and the World Bank. Before his appointment as Governor of the BSP, Remolona served as a Member of the Monetary Board of the BSP since August 2022. The post Remolona new BSP head appeared first on Daily Tribune......»»
An Waray to counter Comelec decision
The An Waray Partylist will counter the decision of the Commission on Elections to revoke its registration for violating the rules and regulations of the poll body by allowing the group’s then-second nominee to sit as a member of the House of Representatives despite having only one seat in the 16th Congress. An Waray Rep. Florencio Noel told the Daily Tribune that they would exhaust all legal measures and including filing a Motion for Reconsideration within the five-day reglementary period given by the Comelec, which began on Friday, to stave off the ruling from becoming final and executory. The plea was triggered by the Comelec’s cancellation of the group’s registration after it found that the An Waray former representative, lawyer Isabel Noel, sister of the incumbent solon of the partylist, committed an offense when she assumed the post of a lawmaker in the 16th Congress, “knowing ‘full well’ that the Comelec has not issued a certificate of proclamation entitling her to do so,” said the poll body on Friday. “Without a Certificate of Proclamation for its second nominee, An Waray was entitled to one seat only in relation to the 2013 National and Local Elections, thus Atty. Noel’s assumption to office as Representative of An Waray had no legal basis,” the Comelec added. The poll body’s declaration followed a 15-page resolution that granted Jude Acidre and Danilo Pornias’ plea filed in 2019 to void An Waray’s accreditation as a partylist, barring it from further participation in the House. To recall, An Waray, in the 2013 polls, was initially entitled to two seats in the lower chamber after being proclaimed as one of the winners of the partylist race but was subsequently recomputed to be one seat only pursuant to National Board of Canvassers Resolution No. 13-030(PL)/004-14 issued on 20 August 2014. “The recomputation of seats was made following the Supreme Court’s order, in Abang Lingkod Party List vs. Comelec, to proclaim Abang Lingkod party-list as one of the winning party-list groups in the 2013 National and Local Elections with the number of seats it may be entitled to, and in view of the then-pendency of the case of Senior Citizens party-list before the Supreme Court,” it said. Further, the polling organization noted that the 28 May 2013, NBC Resolution 0008-13, which An Waray solely relied on, expressly stated that the initial allocation of seats initially allocated is “without prejudice to the proclamation of other parties, organizations, or coalitions which may later on be established to be entitled to one guaranteed seat and/or additional seat.” Thus, Comelec explained that An Waray “clearly” violated Republic Act 7941 or the Party-List System Act, “by arrogating upon itself the authority” to have the lawyer sit in the 16th Congress without legal basis. Comelec spokesperson Rex Laudiangco on Friday noted that the lower chamber has the jurisdiction to expel any member who fails to continually possess all the qualifications and none of the disqualifications. The post An Waray to counter Comelec decision appeared first on Daily Tribune......»»
Olympic sponsor gets prison term
TOKYO, Japan (AFP) -- The former chairman of a Tokyo 2020 Olympics sponsor was handed a suspended prison sentence along with two others in the first convictions in a spiraling bribery scandal surrounding the event. Corruption allegations have mushroomed in the aftermath of the pandemic-delayed Games, implicating major companies and damaging Japan's bid to host the 2030 Winter Olympics in Sapporo. Hironori Aoki, the 84-year-old ex-head of high-street business suit retailer Aoki Holdings, received a suspended prison term of two and a half years, a Tokyo District Court spokesman told AFP. Aoki pleaded guilty in December to accusations that he and two colleagues bribed a Tokyo 2020 board member to secure sponsorship rights, according to Japanese media. "These criminal acts damaged social trust in the fair operation of the Games, which attracted world attention and were important for the country," judge Kenji Yasunaga said Friday in comments reported by Jiji Press. Aoki, who had instructed a colleague at the time to destroy evidence, "wanted to pursue the interests of his company," the judge said. Prosecutors had sought immediate jail for the businessman, but instead the court handed down Friday's sentence, suspended for four years. Aoki Holdings was an official partner of the 2020 Olympics -- which were held largely without spectators in 2021 because of Covid -- allowing the firm to use the event's logo and sell officially licensed products. Aoki was arrested in August along with two ex-colleagues and former Tokyo 2020 board member Haruyuki Takahashi. The two ex-colleagues also received suspended jail sentences on Friday, one for a year and the other for 18 months. Takahashi, who is facing several separate bribery charges, has reportedly pleaded not guilty. Takahashi allegedly received $380,000 which he understood to be "thank-you money for the beneficial and preferential treatment" of Aoki Holdings, according to prosecution documents. An Aoki Holdings spokeswoman told AFP: "We take the ruling seriously and will do our utmost to prevent a recurrence and regain trust from our customers." Other parties involved in bribery allegations include a major publishing firm and a merchandise company licensed to sell soft toys of the Games' mascots. The former president of ADK Holdings, Japan's third-largest advertising agency, has pleaded guilty to offering Takahashi over $100,000. Meanwhile, in a separate strand of allegations, senior Tokyo 2020 organizing committee official Yasuo Mori and three others have been arrested on suspicion of rigging a string of Games-related tenders. And in February, Japan's biggest advertising agency, Dentsu Group, was indicted along with five other companies for allegedly violating an anti-monopoly law. As investigations continue, the country's Olympic chief warned this month that Japan could push its Winter Olympics bid back four years to 2034. Japanese Olympic Committee president Yasuhiro Yamashita said it would be "difficult to move ahead without gaining people's understanding" following the scandals. The allegations are not the first-time questions have been raised about alleged impropriety around Tokyo 2020, which took place during a Covid state of emergency and against the backdrop of public anger. The then-head of Japan's Olympic Committee, Tsunekazu Takeda, stepped down in 2019 as French authorities probed his alleged involvement in payments made before Tokyo was awarded the event. He denies wrongdoing. The post Olympic sponsor gets prison term appeared first on Daily Tribune......»»
Instagram DM paved the way for Animam s upcoming Taiwan stint
Jack Animam will soon carry the banner of the NU Lady Bulldogs and Gilas Pilipinas women when she suits up for Shih Hsin University. Animam has been tapped as import and will play in Taiwan's University Basketball Association. "August 2019 they came here for training camp," Animam said about Shih Hsin University on the So She Did podcast, recalling how the foundation for her upcoming Taiwan stint was established. "Then, yung girl coach nila nagka-chat kami sa Instagram and sabi niya 'We would like you to join us for next season,'" Animam added. At the time, Jack didn't play much attention to the offer. After all, Animam had her schedule packed as her Lady Bulldogs were on track for a sixth straight UAAP title. On top of that, Gilas Pilipinas women had a number of tournaments lined up, including the 2019 SEA Games in December where Animam won two gold medals in 3x3 and 5x5 basktetball. Once the dust settled on a busy 2019, Animam got around to the offer in Taiwan and ended up being officially on board. "But then, meron pa ako UAAP and SEA Games so parang di ko pa siya priority that time. Wala pa naman official that time," she said. "Ito lang, after SEA Games, dun na ako tinanong kung gusto ko ba mag-laro sa Taiwan. Sabi ko, gusto ko," Animam added. With the development, Animam becomes the third UAAP standout to serve as import abroad after FEU's Ken Tuffin in New Zealand and Ateneo's Thirdy Ravena in Japan. [Related: Animam takes talents to Taiwan as college import] "Nag-decide akong maglaro para sa Shin Hsin para sa experience," Animam said. "Yung mga pwede kong matutunan dun, bago lahat kaya alam kong in the future, malaki ang maitutulong nito sa akin," she added. — Follow this writer on Twitter, @paullintag8.....»»
8990 Holdings expands buyback limit to P7-B of stock
8990 Holdings disclosed that its board of directors voted to “expand” a P2 billion stock buyback program that was originally established back in 2019, which was then suspended during the pandemic to conserve cash......»»
ICYMI: OpenAI Fires CEO Sam Altman, Rehires Him After Mass Employee Backlash
OpenAI, creator of hugely popular chatbot ChatGPT, fired its CEO Sam Altman, then rehired him amid massive employee backlash and threats of mass resignation, all in less than one week. What happened? OpenAI’s board of directors hastily kicked Altman, OpenAI’s CEO since 2019, out of the company on Friday. The AI company said in a […].....»»
MCWD board row: Late Mayor Labella’s termination of directors questioned
CEBU CITY, Philippines – Lawyer Amando Virgil Ligutan, legal counsel of the previous Board of Directors of the Metropolitan Cebu Water District (MCWD), questioned the validity of the termination of the previous MCWD board members by the late Cebu City Mayor Edgardo Labella in 2019. Ligutan questioned the authority under which the late Mayor Labella.....»»
Lebanon court orders ex-car boss Ghosn out of Beirut home: official
A Lebanese judge has decided to evict former Nissan boss Carlos Ghosn from his luxury home, a judicial official said Saturday, four years after an investment firm accused him of "trespassing". Ghosn, who took up residency in the Beirut property after fleeing prosecution in Japan in 2019, appealed the ruling on Friday, the official added. A spokesperson for Ghosn confirmed he had appealed. Ghosn and his wife must "vacate the property... within a month", according to a copy of the decision seen by AFP and dated 16 October. The home with pink walls in the Lebanese capital's upscale Ashrafieh neighborhood is worth some $19 million and is registered to Lebanese company Phoinos Investment, the judicial official said, requesting anonymity as they were not authorized to speak to the media. Phoinos initiated the legal action in 2019 and has accused Ghosn of "trespassing on private property and living in the home without legal basis", the official added. According to the court document, Ghosn said the company was affiliated with Nissan and that "the property was purchased... for his residence, and there is a signed agreement with Nissan that grants him the right to reside" there. Ghosn occupied the home "according to a contractual relationship linking... Ghosn and Nissan", the decision said. However, the end of that relationship and the plaintiff's wish to retake the property invalidates "the legal basis" of his occupancy, it added. In a written statement to AFP, a Ghosn spokesperson said documents that had been unavailable for prior hearings in the cast would support his appeal. "He will now be able to present all the documents held up in Japan that he was unable to secure on time," the statement said. Ghosn, the former chairman and chief executive of the Renault-Nissan-Mitsubishi alliance, was arrested in Japan in November 2018 on suspicion of financial misconduct, before being sacked by Nissan's board in a unanimous decision. He jumped bail late the following year and made a dramatic escape from Japan hidden in an audio-equipment box, landing in Beirut, where he remains an international fugitive. Ghosn has always denied the charges against him, arguing they were cooked up by Nissan executives who opposed his attempts to more closely integrate the firm with French partner Renault. Japan and France have sought his arrest, but Lebanon does not extradite its citizens, and judicial authorities have slapped a travel ban on Ghosn, who holds Lebanese, French, and Brazilian nationality. The post Lebanon court orders ex-car boss Ghosn out of Beirut home: official appeared first on Daily Tribune......»»
SM’s Steven Tan named Winshang’s 2023 International Influential Person in Shopping Centers
SM Supermalls president Steven Tan was recognized as one of Winshang’s Golden Censer Prize winners for being "The International Influential Person of the Year 2023 in Shopping Centers" at the 2023 China (International) Shopping Center Summit in Shanghai on 24 August 2023. The Golden Censer Prize is a large-scale professional recognition of China's commercial real estate and famous brands initiated by Winshang, in collaboration with mainstream industrial media, based on field research, data analysis and media surveys, among others. Tan, who assumed the role of President of SM Supermalls in 2020, has been a key figure in the growth and innovation of the mall chain in the Philippines and China. As president, he oversees mall operations in both countries, carrying forward SM's 65-year legacy of retail innovation and outstanding customer service. SM Mall of Asia Complex Under his leadership, SM Supermalls withstood the challenges of the pandemic and rebounded as the economy slowly opened up amid the global health crisis. With the guidance of the Sy family, Tan made sure that SM responded with an agile, innovative and proactive approach to cater to the needs of all stakeholders, from employees and tenants to shoppers. SM City Yangzhou SM City Sto. Tomas The mall’s strategies -- adapting the tenancy mix, creating novel reasons to attract visitors to malls, targeting new customer segments through innovative marketing and developing omnichannel services -- enabled them to gain the trust and loyalty of modern shoppers during the pandemic. Because of this, SM managed to recover and exceed pre-pandemic revenues and income by 2023. In line with their latest expansion program, SM continues to open new malls in China and the Philippines. This brings the total number of shopping centers, locally and internationally, under Tan's stewardship to 93, featuring a cumulative construction area of over 10.8 million square meters and a daily foot traffic of more than 4.2 million. The latest malls to open were SM City Yangzhou last 28 September 2023 and SM City Sto Tomas, Batangas last 27 October 2023. Tan’s exceptional efforts were also honored by various international organizations over the years. He received numerous accolades including the 2021 Asia's Most Influential by Tatler Asia, the 2022 Asia Pacific Women's Empowerment Principles Awards Leadership Commitment by United Nations Women, and the Global Filipino Executive of the Year at the Asian Chief Executive Officer Awards, just to name a few. His dedication and visionary leadership continue to shape the landscape of shopping centers and commercial real estate, not just in Asia but also across the globe. Steven Tan receives the 2023 PeopleAsia People of the Year Award. Tan shared the Winshang Golden Censer Prize with his two co-awardees, namely Powerlong Real Estate Holding’s Co-president Chen Deli, and SCE Commercial Management Holdings' chairman of the board Huang Lun. SM Supermalls is a subsidiary of SM Prime Holdings Inc., with 85 malls in the Philippines and 8 in China. The post SM’s Steven Tan named Winshang’s 2023 International Influential Person in Shopping Centers appeared first on Daily Tribune......»»
BSP hikes rates6.5%, off-cycle
The Bangko Sentral ng Pilipinas on Thursday raised its policy rate on an off-cycle period to 6.5 percent from 6.25 percent to manage a likely inflation uptrend this year until July next year. The BSP has, thus far, raised its policy rate by 450 basis points after inflation peaked at 8.7 percent in January and re-accelerated again to 6.1 percent last month from 5.3 percent in August. The BSP move will increase borrowing costs, with new interest rates on the overnight deposit at 6 percent and lending facilities at 7 percent. BSP Governor Eli Remolona Jr. said the country’s inflation rate might settle at 4.7 percent next year, higher than the central bank’s previous target range of 2 percent to 4 percent for this year and 4.3 percent in the next. He added inflation might quicken further above 4.7 percent from July to March next year. “The balance of risks to the inflation outlook still leans significantly toward the upside, due mainly to the potential impact of higher transport charges, electricity rates, international oil prices, and minimum wage adjustments in areas outside the National Capital Region,” he explained. Limit spending With the higher interest rates, Remolona said consumers will likely limit their spending which will discourage businesses from raising prices. “The BSP’s Monetary Board recognized the need for this urgent monetary action to prevent supply-side price pressures from inducing additional second-round effects and further dislodging inflation expectations,” the BSP chief said. Remolona added the slow global economic recovery and effects of the weather disturbances from El Niño on food supply might also restrain consumption toward a moderated inflation. “Meanwhile, the effect of a weaker-than-expected global recovery as well as government measures to mitigate the effects of El Niño weather conditions could temper inflationary impulses,” he said. The BSP Monetary Board will again announce to the public on 16 November whether to change its policy rate in compliance with its normal cycle period happening every six weeks. However, Remolona already cautioned the public of likely controlled consumer spending in the medium term as the BSP expects to maintain high interest rates in the near future. Tighter settings “Looking ahead, the Monetary Board deems it necessary to keep monetary policy settings tighter for longer until inflationary expectations are better anchored and a sustained downward trend in inflation becomes evident,” he said. “We will consider another rate hike if things are worse than we thought,” Remolona continued. The BSP has raised its policy rate by 425 basis points after inflation peaked at 8.7 percent in January and re-accelerated again to 6.1 percent last month from 5.3 percent in August. The Philippine Statistics Authority attributed this to persisting higher food and fuel prices partly driven by global food trade restrictions and oil trade disruptions from the Russia-Ukraine war. Falls a little behind “In my view, I think we fell a little behind that’s the reason for this effort to catch up. We didn’t look closely enough at expectations,” Remolona said as he reflected on the BSP’s unchanged rate at its September 21 meeting. “One of them that was very striking was our consumer expectations survey which said about 92 percent think that in the next 12 months inflation will be above 4 percent, similar to expectations by firms,” the BSP chief continued. The post BSP hikes rates6.5%, off-cycle appeared first on Daily Tribune......»»
‘Time to explore ODAs from other countries’ Poe says after Chinese ODA withdrawal
Senator Grace Poe on Thursday expressed her belief that it is high time for the Philippines to look for alternative sources of funding from other countries for the proposed Mindanao Railway Project. According to Poe, who chairs the Senate Committee on Public Services, the country may pursue official development assistance from other countries following the Department of Transportation's move to drop China as a funding source for the P83-billion railway project in the southern Philippines. “It’s time to explore ODAs from other countries and seek available funding options from multilateral institutions and international assistance agencies that can deliver the goods,” she said in a statement. Poe noted that the withdrawal of the ODA from China for a railway project “should not derail the implementation of our infrastructure programs,” “In the past years, Chinese banks have also kept us in suspended animation with delays in our loan applications putting in limbo a number of government projects,” she said. “While appearing attractive, the loans are not exactly that benevolent as they come with hefty interest rates and other strings that could be detrimental to the country in the long term,” she added. She also suggested to the government to tap the private sector which she said “holds the potential of accelerating infrastructure development and bringing innovative and efficient services.” She issued the statement after Transportation Secretary Jaime Bautista confirmed that the Philippines is no longer loan financing from China for the first phase of the Mindanao Railway Project. The first phase of the railway project aims to reduce travel time between Tagum in Davao del Norte and Digos in Davao del Sur by one hour from the current 3.5 hours. Quoting Bautista, Senate President Juan Miguel “Migz” Zubiri said in August that the Philippine government would no longer engage Chinese state-owned companies for major infrastructure projects in the country. “I talked to Secretary Jimmy Bautista, he was at the Senate recently. We talked one-on-one. I told him: ‘Secretary, you are seeing what they are doing to your Coast Guard, right?’” he said “I told him not to give Chinese state-owned companies projects here in the Philippines such as trains. We have the North to South Railways…. Let us not give it to them. Let us give it to South Morea or Japan instead,” he added. He continued: “I was glad because Secretary Bautista said they would no longer Chinese state-owned companies for their trains, airports, and big-ticket items.” The construction of the Tagum-Davao-Digos segment of the Mindanao Railway Project was supposed to start in January 2019. The post ‘Time to explore ODAs from other countries’ Poe says after Chinese ODA withdrawal appeared first on Daily Tribune......»»
Crypto crackdown intensifies on Hamas finance
Cryptocurrency has become the latest front in the conflict between Israel and Hamas, analysts say. Israeli and US authorities have intensified their financial hunt into Hamas in recent days as they track illicit funds via digital currencies. Ari Redbord, global policy head at crypto tracking specialist TRM Labs, said there is now less crypto transfer activity on pro-Hamas support networks as a result. "We are seeing a lot less activity in some respects since the war began," Redbord told AFP. This is "primarily because Israel has been very aggressive and successful in taking down these fundraising efforts", he added. Israel has bombed Gaza in response to an unprecedented cross-border attack by Hamas militants who, while firing a massive rocket barrage, killed more than 1,400 people and took 222 hostages on 7 October, according to Israeli authorities. Israeli strikes have now killed more than 6,500 people in Gaza, according to the Hamas-run health ministry. Shadowy world Cryptocurrency is regarded as a speedy way to move cash that is unregulated by any central bank and is less traceable than a traditional bank transfer. The shadowy world of digital units, based on decentralized blockchain technology, has gained notoriety for illicit transactions due to its under-the-radar appeal. Two weeks ago, Israeli police revealed they had located and frozen accounts linked to Hamas that sought "to solicit donations on social networks" via Binance, the world's biggest cryptocurrency exchange. A Binance spokeswoman said it "follows internationally recognized sanctions rules, blocking the small number of accounts linked to illicit funds". Redbord, formerly a senior US government adviser, said Hamas had adopted crypto from 2019 at the latest, to seek funding via the Telegram messaging network and even on its own website. Hamas decided in April that it would no longer accept cash via Bitcoin due to increased global surveillance of the world's biggest digital unit. Crypto fundraising is now operated via a network of Hamas-linked support groups. TRM Labs has closely monitored virtual crypto wallets linked to such support groups since the start of the war. And it has concluded that much smaller amounts of cash than usual are being moved. Two weeks after the attacks, support group Gaza Now received less than $6,000 in one of its crypto wallets, Redbord noted. That compared with $800,000 in total since the wallet's creation in August 2021. Meanwhile, authorities are well aware that digital assets are a minor part of a complex funding picture. The US State Department estimates that Iran funnels $100 million per year to Palestinian groups including Hamas. 'Small piece of puzzle' "Cryptocurrency is a very small piece of a larger financing puzzle for Hamas," said Redbord. "They are looking to Iran; they're... imposing taxes on the Palestinians; they have a network of charities and a diaspora of supporters who are sending donations not in cryptocurrencies." "But crypto does play a role," he said. Digital currencies still represent a significant revenue stream for Hamas and other allied groups. Crypto addresses identified by Israel as being linked to Hamas received about $41 million between August 2020 and July 2023, according to Israeli analytics and software firm BitOK. Other crypto addresses linked to Islamic Jihad received in excess of $154 million between October 2022 and September 2023, with some still active, it adds. Some players in the sector simply turn a blind eye. "Some cryptoasset businesses are intentionally or unwittingly allowing misuse of the crypto ecosystem," said Joby Carpenter, an expert on the industry. "This trend is magnified where exchanges are based in lightly or unregulated jurisdictions," he told AFP. The post Crypto crackdown intensifies on Hamas finance appeared first on Daily Tribune......»»
2 Koreans wanted for telecom, wire fraud arrested
Two fugitives were captured by the Bureau of Immigration (BI) after being sought by South Korea and the US for their involvement in fraud-related operations. BI Commissioner Norman Tansingco confirmed the arrests of the two South Korean fugitives, who were identified as Kwon Junyoung, 38, and Seok Jongmin, 48. The two were arrested last Saturday in Brgy. Cuayan, Angeles City, Pampanga, by the BI Fugitive Search Unit (BI-FSU) operatives. Tansingco said that the operation was conducted in collaboration with the South Korean authorities, government intelligence groups, and the Angeles City Police Station. According to the South Korean authorities, Kwon is wanted for telecommunications fraud in South Korea, while Seok is wanted in Texas for engaging in wire fraud, money laundering, and identity theft. The BI chief said that as the BI board of commissioners has already issued summary deportation orders against them, soon they will be deported to face the crime they committed. Tansingco added that their names were also placed on the bureau’s blacklist of undesirable aliens, so they are now banned from re-entering the Philippines, the BI chief added. According to information obtained from Interpol's National Central Bureau (NCB) in Manila, the Suwon District Court in Korea issued an arrest order for Kwon on 12 December 2019. Authorities claimed that Kwon was part of a telecom fraud syndicate operating in Dalian, China, that used voice phishing to call random victims. Based on reports, the callers impersonated investigators from the Seoul Central Prosecutor's Office in order to harass the victims and trick them into transferring money to the syndicate's accounts. In contrast, the NCB revealed that Seok is the subject of an arrest warrant issued by the US district court in Western Texas. He is accused of conspiring to commit wire fraud, three counts of wire fraud, conspiring to commit money laundering, and three counts of aggravated identity theft. Seok is accused of working with other suspects to gain access to the websites of the US Departments of Defence and Veterans Affairs using thousands of US military veterans' stolen personal identification information (PII), depriving the victims of their benefits. The BI-FSU also reported that Seok was arrested after posting bail at the Angeles City regional trial court, where he was charged with robbery and extortion, and will be transferred to the BI’s facility in Bicutan, Taguig. While Kwon will remain in the custody of the Angeles City police due to his ongoing local case, he will continue to be under the BI’s legal custody for deportation proceedings. The post 2 Koreans wanted for telecom, wire fraud arrested appeared first on Daily Tribune......»»
‘LTO’s LTMS project on time, feature complete’
After state auditors flagged the P3.14-billion Land Transportation Management System project of the Land Transportation Office due to delayed implementation, German firm Dermalog Identification Systems said that the LTMS was “on time” as it “passed user acceptance” in August 2019 and is “feature complete.”.....»»
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......»»
Palace: ‘Northrail met standards for abolition, not producing desired outcomes’
Malacañang announced on Saturday that President Ferdinand Marcos Jr. has ordered the abolition of the North Luzon Railways Corp. as it is no longer cost-efficient and producing desired outcomes. The Memorandum Order 17 was signed by Executive Secretary Lucas Bersamin—by the authority of President Marcos—on 19 October. The Governance Commission for GOCCs determined that Northrail has met the standards for abolition for not producing the desired outcomes; no longer achieving the objectives and purposes for which it was designed and created; not being cost-efficient; and not generating the level of social, and physical, and economic returns vis-a-vis the resource inputs. In ordering the abolition, Marcos tasked the Bases Conversion and Development Authority board of directors to act as the administrator and liquidator of Northrail. The BCDA should settle the Northrail liabilities, including the payment of separation incentive pay to affective officials and personnel as well as undertake the necessary steps in liquidating Northrail’s assets and assist in the winding up of its corporate affairs. The BCDA directors shall also conduct an inventory of all of Northrail's existing programs and projects and either terminate or transfer them to concerned government agencies. The inventory also includes the list of Northrail's assets and liabilities and how to dispose of or settle them. The BCDA is also tasked to formulate a Change Management Plan for affected stakeholders of Northrail. It shall likewise conduct an inventory of all pending cases brought by and against Northrail and formulate the appropriate actions to resolve the cases. The original copies of Northrail’s corporate books and account and financial records will be surrendered to the Commission on Audit by the BCDA board of directors. Palace said the Office of the Government Corporate Counsel shall provide the necessary legal assistance to the BCDA in this endeavor. The GCG shall monitor the implementation of the abolition of the Northrail. The Department of Transportation, as the supervising agency of the Northrail, shall continue to oversee the programs and activities relative to liquidation and winding-up of the affairs by the Northrail. Malacañang imposed the separation incentive pay to all effective personnel and officials of Northrail. Those who have rendered 20 years of service may avail of the following separation benefits of 1.00 x Monthly Basic Salary x No. of years. 20 years and 1 day to 30 years: 1.25 x MBS x No. of years 30 years and 1 day and above: 1.50 x MBS x No. of years The separation pay shall be charged against the available corporate funds of Northrail, subject to existing budgeting, accounting, and auditing policies. The Northrail was registered with the Securities and Exchange Commission on 31 July 1995. It was then created as a wholly owned subsidiary of the BCDA to develop, construct, operate, and manage a railroad system to serve Metro Manila, Central Luzon, and Northern Luzon. In 2015, the National Economic and Development Authority Board approved the North-South Commuter Railway Project, which was financed through official development assistance from Japan, effectively rendering the Northrail project terminated. The GCG ordered the “deactivation” of the Northrail, through Memorandum Order No. 2019-05 on 20 May 2019. The post Palace: ‘Northrail met standards for abolition, not producing desired outcomes’ appeared first on Daily Tribune......»»
Bong Go assists displaced workers in Bohol
In a video message conveyed during his team's visit to Carmen and Batuan, Bohol, Senator Christopher “Bong” Go expressed his steadfast commitment to advocate for more pro-poor initiatives and bolster support measures, aiming for a more inclusive economic recovery after the COVID-19 pandemic and other crises. "Prayoridad ko ang pagsuporta sa pro-poor programs at dapat po ay sikapin ng gobyerno na walang magutom na Pilipino. 'Yan po ang pakiusap ko parati sa executive," said Go. "Kung merong isusulong na programa o batas, suportado ko po ito basta po makakatulong sa mahihirap at hindi mapunta sa korapsyon ang pera," he added. Go's team, in collaboration with Board Member Nathaniel Binlod, distributed shirts, snacks, and balls for basketball and volleyball to 548 displaced workers gathered at the Carmen Gym on Monday, 16 October. The recipients were also eligible to receive benefits from the Department of Labor and Employment’s (DOLE) Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) program. “Patuloy tayong magbigay ng oportunidad at pag-asa sa mga manggagawang Pilipino na nawalan ng trabaho o kabuhayan dahil sa mga pagsubok na hinaharap natin. Sa pamamagitan ng ganitong mga programa, marami sa ating mga kababayan ang mabibigyan ng pagkakataon na magkaroon ng pansamantalang trabaho at kumita ng maayos para sa kanilang pamilya,” Go stressed. In his commitment to promoting inclusive economic recovery, Go has underscored the significance of safeguarding the welfare of all sectors, with particular attention to those residing in rural areas. He introduced Senate Bill No. (SBN) 420 which seeks to institutionalize a framework for offering temporary employment to eligible members of underprivileged households in rural regions. If enacted into law, the Rural Employment Assistance Program (REAP) would be established within DOLE. REAP's primary goal is to furnish temporary job prospects to individuals who meet the criteria of being economically disadvantaged, impoverished, displaced, or seasonal workers. Go, chairperson of the Senate Committee on Health and Demography, then offered medical assistance to the beneficiaries. He advised them to avail of the services of any of the two Malasakit Centers in the province where they may conveniently avail of medical assistance programs offered by the government. In Bohol, the Malasakit Centers are located at Governor Celestino Gallares Memorial Hospital (GCGMH) in Tagbilaran City and at Don Emilio Del Valle Memorial Hospital in Ubay. Malasakit Centers bring together representatives from the Department of Social Welfare and Development (DSWD), Department of Health (DOH), Philippine Health Insurance Corporation (PhilHealth), and Philippine Charity Sweepstakes Office (PCSO). These one-stop shops aim to support impoverished patients in reducing their hospital costs to the least possible amount. Go is the principal author and sponsor of Republic Act No. 11463 or the Malasakit Centers Act of 2019, which institutionalized the Malasakit Centers program. Currently, there are 159 Malasakit Centers across the country, poised to assist with patients' medical expenses. The DOH reported that the Malasakit Center program has already provided aid to more than seven million Filipinos. “Sa mga pasyente, lapitan niyo lang ang Malasakit Center dahil para ‘to sa inyo. Kung may hospital bill kayo, nandiyan ang mga ahensya ng gobyerno na tutulong para mabayaran ito,” said Go. Go further highlighted that his advocacy to enhance the healthcare sector includes the establishment of Super Health Centers at strategic locations nationwide. Through the collective efforts of fellow lawmakers, sufficient funds have been allocated under the Health Facilities Enhancement Program of DOH for 307 Super Health Centers in 2022 and 322 in 2023. DOH, the lead implementing agency, identifies the strategic areas where they will be constructed. In Bohol, necessary funds have been allocated to construct Super Health Centers in Buenavista, Candijay, Dauis, Sagbayan, Talibon, Antequera, Balilihan, Bien Unido, Carmen, Panglao, Tagbilaran City, and Ubay. Super Health Centers are designed to focus on primary care, consultation, and early detection, further strengthening the healthcare sector in the country, especially in grassroots communities. As vice chairperson of the Senate Committee on Finance, he also supported several projects in Bohol, such as the construction of multipurpose buildings in Alicia, Anda, Balilihan, Batuan, Buenavista, Danao, Dimiao, Duero, Garcia Hernandez, Guindulman, Loay, Loon, and Valencia; improvement of evacuation centers in Panglao, Anda, Balilihan, Carmen, Corella, Garcia-Hernandez and Valencia; installation of a water system in President Carlos P. Garcia; construction of the municipal slaughterhouse in Inabanga; and the acquisition and installation of solar-powered street lights in Getafe. Go, also principally sponsored the passage of RA 11883 which converts GCGMH to Governor Celestino Gallares Multi-Specialty Medical Complex. The post Bong Go assists displaced workers in Bohol appeared first on Daily Tribune......»»