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Mark Leviste miss na si Kris Aquino: I’ll always pray for you
SA ginanap na Barako Festival 2024 sa Lipa City, Batangas ay nakausap namin si Vice Governor Mark Leviste kasama ang ilang taga-media na nagbigay ng update sa kalagayan ng kanyang special friend na si Kris Aquino. Kasalukuyang nasa Los Angeles, USA si Kris kasama ang bunsong anak na si Bimby at chief of staff niyang.....»»
Mendoza cannot suspend Calabarzon LTO chief accused of extortion
Land Transportation Office chief Vigor Mendoza has no authority to suspend the head of the LTO in Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon), even as complaints of alleged corruption have been filed at Malacañang against the official......»»
Calabarzon LTO chief accused of extortion
A group of bus drivers and operators has accused the chief of the Land Transportation Office (LTO) in Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon) of extortion......»»
Barangay kagawad, chief village watchman slain
A barangay council member in Mangaldan, Pangasinan and the head of village watchmen in Nasugbu, Batangas were gunned down on Tuesday night......»»
New DA chief: Major onion smuggler arrested in Batangas
An alleged large-scale onion smuggler was arrested in Batangas recently, Agriculture Secretary Francisco Tiu Laurel Jr. announced yesterday......»»
Steven Tan named Winshang’s 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. 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. Retail legacy As President, he oversees mall operations in both countries, carrying forward SM’s 65-year legacy of retail innovation and outstanding customer service. 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. Mall’s strategies 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 its 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 SM malls to open are SM City Yangzhou last 28 September 2023 (left) and SM City Sto. Tomas, Batangas last 27 October 2023 (right). The latest malls to open were SM City Yangzhou last 28 September 2023 and SM City Sto. Tomas, Batangas last 27 October 2023. Numerous accolades 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 across the globe. The post Steven Tan named Winshang’s International Influential Person in Shopping Centers 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......»»
Congress vows funding for Pag-asa Island development in WPS
The House of Representatives has vowed to finance the development of Pag-asa Island in the West Philippine Sea amid the intensifying geopolitical tensions between the Philippines and China. While the amount has yet to be disclosed, Speaker Martin Romualdez announced on Thursday that the funds will go to finance storm shelters for fishermen, a solar power plant, ice and cold storage facilities, a desalination plant, and satellite-based communication facilities, among others. The commitment came following a tour by Romauldez, majority leader Mannix Dalipe, minority leader Nonoy Libanan, and House committee appropriations Elizaldy Co accompanied by Armed Forces of the Philippines chief Romeo Brawner, wherein they had first-hand discussions with the island’s local folk and the armed personnel manning the country’s outpost in the West Philippine Sea. Building these critical infrastructures in Pag-asa Island, Romualdez said, will help mitigate the challenges faced by Filipino soldiers and fishermen operating in the disputed waters in the Spratly Group of Islands and to boost their military might to further safeguard the Philippine territory. “It’s clear that Pag-asa Island needs a development plan. The House of Representatives will take the lead in coming up with such a plan, being the institution responsible for the national budget and national policies that need legislation,” he said. The Speaker added that supporting local troops in the area underscores the Philippine government’s commitment to assert its sovereignty over territorial waters. Romualdez, in a late press conference on Thursday, said that the House appropriations panel will look into the necessary measures to finance the establishment of such crucial infrastructures. Back in September, deputy speaker Ralph Recto lamented that a "measly" P80 million allocation to strengthen Pag-asa Island would be insufficient to cover the development of military facilities in the said area. Recto said the national government could not just make "loud noises" in defending the WPS but must set aside a greater budget for the Pag-asa Island to help the defense sector execute its military might in the disputed area. Under the proposed P5.768 trillion national budget for 2024, the funding allocated for the improvement of military infrastructure in Pag-asa Island lobbied under the Department of Public Works and Highways' Tatag ng Imprastraktura para sa Kapayapaan at Seguridad Program or TIKAS is merely P80 million, according to the Batangas lawmaker. The post Congress vows funding for Pag-asa Island development in WPS appeared first on Daily Tribune......»»
LNG a vital transition fuel, says Aboitiz Power
Industry players and government regulators should harness cost-effective liquefied natural gas or LNG as the so-called "transition fuel" in the near term to gradually displace coal and complement the variability of renewable energy. Speaking at a recent energy forum, Aboitiz Power Corp. Chief Finance Officer Liza Montelibano reiterated that the transition to clean energy should be gradual and well thought out. Otherwise, it will result in higher power prices. Montelibano pointed out that utilizing the present supply of natural gas, which is relatively cleaner than burning coal, to buy time and keep the grid stable while renewable and low-carbon technologies are being developed. “The realistic pace to do transition is underscored by the available technology that allows you to do it reliably and affordably. Given what is available today, we believe what is realistic is a practical and gradual approach that will allow for technology development,” Montelibano said. Locally, the Malampaya project is the only local facility that uses indigenous natural gas to reduce the country's oil imports. It has been powering up to 20 percent of Luzon’s total electricity requirements. It supplies natural gas to power four power generation plants in Batangas with a combined capacity of 2,011 megawatts or MW. Meanwhile, several projects, including First Gen Corp.'s integrated LNG and regasification terminal in Batangas province, are underway to easily bring in low-cost LNG from abroad into the country. The LNG facilities are a significant source of fuel diversification to complement the efforts of the Malampaya consortium to optimize the sustainability of the remaining indigenous gas in the Malampaya-Camago reservoir. The government set the target of a 35 percent share of renewable energy in the country’s energy mix by 2035 and increased it further to 50 percent by 2040. However, it is still notable that despite an aggressive stance on clean energy utilization, the Philippines still heavily relies on coal. AboitizPower, which presently has the largest and most diversified local renewable energy platform in terms of installed capacity under its operational control, aims to support the government's goal by investing P190 billion until 2030 to have a portfolio of 9,200 MW evenly split between renewable energy and thermal sources. Close to 1,000 MW of renewable energy projects — including wind and solar farms and more geothermal capacities — are currently in the company's pipeline. The post LNG a vital transition fuel, says Aboitiz Power appeared first on Daily Tribune......»»
Phivolcs: Slim chance for Mayon to exhibit explosive eruption
There’s a slim chance that Mayon Volcano will exhibit an explosive eruption despite being categorized in “relatively high unrest” status, the chief of the Philippine Institute of Volcanology and Seismology said Friday. “The parameters we are observing now are not too elevated, compared to the parameters observed in July and August," Phivolcs Director Teresito Bacolcol said in an interview over the Bagong Pilipinas Ngayon public briefing. However, Bacolcol said Mayon still exhibiting an effusive eruption, with the lava flows have maintained their advances to approximately 3.4 kilometers in Bonga (southeastern), 2.8 kilometers in Mi-isi (south), and 1.1 kilometers in Basud (eastern) gullies. The Phivolcs expect this Mayon’s effusive eruption to continue for several weeks or more, he added. Alert Level 3 has been maintained in the Albay province’s Mayon since June, which means that a relatively high level of unrest and hazardous eruption within weeks or even days are possible. Bacolcol said they are monitoring two factors to consider before lowering the volcano to Alert Level 2; when the flow of lava and occurrence of pyroclastic density current would stop. As of Friday, Phivolcs logged 18 volcanic earthquakes, 95 rockfall events, and 3 PDC events. Meanwhile, Bacolcol said volcanic smog or vog is also unlikely in Mayon, because of the low volume of sulfur dioxide emission. Mayon emitted an average of 761 tonnes of volcanic SO2 per day on 28 September. "This is not as huge compared to the S02 emission in Taal in the Batangas province. Mayon's S02 emission could be dispersed easily," he said. He added that continuous rainfall may result in lahars and sediment-laden streamflows in channels where PDC deposits were emplaced. Entering the Mayon's 6-km radius Permanent Danger Zone remains prohibited due to the danger of PDCs, lava flows, rockfalls, and other volcanic hazards. Increased vigilance against PDCs, lahars, and sediment-laden streamflows along channels draining the edifice is also advised. The post Phivolcs: Slim chance for Mayon to exhibit explosive eruption appeared first on Daily Tribune......»»
Paying tribute to Criselda, Rustan’s bestselling iconic fashion designer
In her lifetime, Criselda Lontok epitomized the kind of woman for whom the legendary Glecy Rustia Tantoco established her home-based establishment that would grow into the country’s foremost luxury department store. No wonder that the Rustan’s Department Store founder, known for her keen understanding of the ladies of Manila’s 400, offered to Criselda, one of Manila’s most beautiful women and smartest dressers, a beauty queen and a fashion model, an exclusive line intended for her kind. Criselda, who had served initially as a buyer and merchandiser, and spearheaded a number of homegrown Italian-inspired Rustan’s labels, accepted the challenge, keeping in mind her friends and acquaintances, the quintessential upper-class Filipina — fashionable, committed to philanthropic and civic causes, herself engaged in an enterprise or a profession that fits her colegiala or finishing school education and, of course, prominent and socially-adept. Having seen the world and constantly on the go in the jet-setting era, these women, like Criselda herself, knew the best of foreign brands and were accustomed to wearing them. [caption id="attachment_186354" align="aligncenter" width="1365"] JOHN Fernandez, Criselda Lontok’s son. | PHOTOGRAPHS COURTESY OF RUSTANS[/caption] Taking her cue from the composite personality traits of her intended clientele, beautiful people as they were then called, Criselda went on to create dresses that appealed to the ladies’ fine sensibilities anchored on a lifestyle of privilege, comfort, grace and sophisticated aesthetics. Her ingenuity could not have been more apt, as proven by her designs hogging the limelight, the topic of conversation among socialites who finally found the dress that fit them and their style — and becoming the best-seller of Rustan’s. From its beginnings in the early 1980s, the label Criselda went on to grow as among the top offerings and go-to brands of the country’s sole purveyor of high style. And even as Rustan’s aimed for inclusivity to address the needs of professionals and customers who aspired to the good life within their budget, Criselda remained the top choice for those who sought to be attractive and stylish, while being practical and wise in their choices. A Criselda was always a good investment. Through the decades, just like a select few things that get better as they get older, Criselda, the exclusive clothing brand, has transcended fashion trends and social seasons and has maintained its eminent position in the country’s pret-a-porter sector. Criselda’s recent demise might have led to a void, especially in the firmament of Philippine fashion, but her eponymous brand, Criselda, just like her name, has endured. She may be gone but she is remembered, first by her Rustan’s family led by Zenaida R. Tantoco, chief executive officer and chairman of the Rustan Group of Companies, her friends, devoted clientele, and the many others whose lives she touched through her professionalism, kindness, friendliness and warmth, which she generously gave especially to those who came to peruse her creations, mostly cut along classic lines but not sacrificing women’s desire to be chic and trendy. Her career with Rustan’s is a story worth telling as it is inspiring, one that would encourage our young women to pursue their dreams. As a young wife and mother who believed she could contribute to the world out there, Criselda applied for a job at Rustan’s. The grand lady of the number one purveyor of luxury in the country, Glecy R. Tantoco, took her in despite her initial doubts as to whether Criselda, who comes from a good family in Batangas and married into another good family from Laguna, would stick it out despite the rigorous requirements of the job. Glecy Tantoco was known for her insistence on the efficiency of her staff, along with a strong sense of service and an overall image in terms of personal looks and demeanor that defined the Rustan’s style of appropriateness, class and good breeding. [caption id="attachment_186355" align="aligncenter" width="1078"] ERNIE Lopez and Bertha Felicino of Bantay Bata.[/caption] Thankfully, Criselda proved herself worthy, even as she had to deal directly with her tough and no-nonsense boss. In fact, they clicked, as Glecy turned out to be a supportive mentor. Taking Criselda under her wing, she gave her additional responsibilities and assigned her to the forefront when dignitaries and international socialites shopped at Rustan’s. More than the label and the prestige, what Glecy Tantoco gave her were the right work ethic and belief in herself. Criselda remembered her mentor, “GRT (as Glecy was called) was so very hardworking, you just had to be as hardworking, too. I truly admired her foresight. She had the drive. She taught me that I must be sure of myself and only if I was sure should I pursue whatever I wanted to do.” It did not take long for Criselda’s outfits to become a must among Manila’s prominent women who love to wear them not only when attending big parties but also when visiting with friends, shopping at the mall, or relaxing with the family at home. Whether these were day dresses, afternoon outfits, cocktail dresses, or ravishing evening gowns, they lapped them up, happy at the thought of not having to bother with fittings and the encumbrances that went with wearing haute couture. If they wore her creations, it was because they believed her when she spoke to them of fashion sense and carriage and, of course, compatibility with what they wore. She once said, “It is important to consider your age. An 80-year-old woman should not even wear mini skirts...just a little above the knee is permissible but not one that shows her prominent varicose veins and other unsightly parts.” The post Paying tribute to Criselda, Rustan’s bestselling iconic fashion designer appeared first on Daily Tribune......»»
2 accomplices in Batangas village chief’s slay nabbed
Two alleged accomplices of the suspects in the killing of a barangay captain in Taal, Batangas on Tuesday have been arrested......»»
Bringing tourism and hospitality to a green future
A dynamic power couple has been creating waves in the Philippines’ hotel industry with their innovative approach to sustainable tourism. [caption id="attachment_175626" align="aligncenter" width="1284"] Don Ramon and Alessandra Bagatsing’s family.[/caption] Don Ramon and Alessandra Bagatsing, the creative minds behind the pioneering green service hotel company, Eco Hotel, are redefining sustainable travel adventures. Their journey began in the world of real estate, but it was Alessandra’s desire for a passion project that led to the inception of something truly remarkable. Alessandra, chief executive officer of the CA Hernandez Development Group, the holding company for BookExpress.com and Eco Hotels, shared, “Originally, we were both in real estate, but I wanted something that was different. A passion project where I could put my creative talent and real estate development skills together.” This fusion of inventiveness and commercial savvy gave rise to the idea for Eco Hotel, a sustainable company that values the environment, society and the communities it serves. Eco Hotel, founded in 2015, was born out of Alessandra’s commitment to ecotourism and environmental preservation. She and her husband, Don Ramon, a professor of Economics and Finance at De La Salle University and founder of Sampaloc Holding Corporation, joined forces to create a noteworthy project. Alessandra’s advocacy for sustainable growth, purposeful profit and community development found harmony with Don’s spatial intelligence and keen grasp of business and financial affairs. Their first hotel, The Cabins by Eco Hotel in Tagaytay, was designed to be more than just an accommodation. It was a testament to their vision of responsible tourism. “We saw the potential of tourism in the Philippines,” Don Ramon explained. “We believe tourism is a sunrise industry, especially with the growing population of Millennials and Gen Z who love to explore.” Their strategy also made an impact on the local community by involving them in the hotel’s operations and sourcing supplies from nearby businesses. Alessandra’s resourcefulness and creative ingenuity were evident in the hotel’s unique design. From repurposed wine bottles transformed into light fixtures to furniture crafted from unconventional materials, the Eco Hotel concept celebrated sustainability on every level. The dedication extended to architectural features, such as rainwater catchment and solar power, all contributing to the overall ethos of an Eco Hotel. Over time, the Eco Hotel brand expanded and opened more branches, including Dormitos.ph, which caters to young travelers seeking affordable accommodations. The couple also saw the potential growth of the countryside. “Manila is already a contained space,” he said. “The future is the countryside. We have no choice but to develop it.” Their strategic approach involved securing properties aligned with the government’s infrastructure plans. While their professional collaboration thrived, their personal connection remained the bedrock of their success. “She’s always right. What’s hers is hers and what’s mine is hers,” quipped Don Ramon. Their ability to overcome obstacles while relying on one another and their team showed how well they worked together. They were all dedicated to improving the community where they operate. Looking ahead, the couple envisioned an even brighter future for Eco Hotel, with plans to expand their presence while continuing to focus on sustainability and community engagement. They highlighted the growth of their food and beverage selections, stating, “In the next three to five years, we’ll probably have 10 restaurants and maybe 30 hotels and around 20 commercial buildings.” The Surf Kamp Caliraya Lake, the Containers Tagaytay, the Cabins Tagaytay, the Villas Mataasnakahoy Batangas and the Suites El Nido are all under the Eco Hotel banner. El Nido, Puerto Princesa and Cloud9 Siargao all have Pops District commercial pedestrian streets nearby. Their journey, much like their hotels, is about more than just a destination; it’s about creating a sustainable legacy and a better green future for all. The post Bringing tourism and hospitality to a green future appeared first on Daily Tribune......»»
DOH probes reported spike in diseases linked to LNG power plant exposure in Batangas City
There are no links found between the reported health cases and the power plant operations so far but the Calabarzon health chief says the validation process will take some time.....»»
4 governors feted
TACLOBAN CITY — Four provincial governors were awarded with the prestigious 2023 Gawad Parangal Most Outstanding Governor of the Philippines for their exceptional commitment to social services in Davao City last 15 August 2023. The recognition was conferred by the Association of Local Social Welfare and Development Officers of the Philippines, Incorporated during its 26th ALSWDOPI National Convention and General Assembly. This year’s awardees were Governors Edwin Ongchuan of Northern Samar, Daniel Fernando of Bulacan and Edwin Jubahib of Davao del Norte and Hermilando Mandanas of Batangas. Vice President Sara Duterte, in her speech, stressed that “all Local Chief Executives should emulate the leadership of our awardees, that is, giving premium on the social welfare and development programs of each local government units.” The post 4 governors feted appeared first on Daily Tribune......»»
EEI touts rail deals done within 5 yrs
The construction arm of the Yuchengco Group, EEI Corporation has announced that new and current infrastructure and property development projects are awaiting completion, with the company’s aim to dominate the industry. In a statement, the company said that among the big-ticket projects it has lined up include the most recently awarded South Commuter Railway Project Package 7 which involves the construction of a 24-hectare depot in Banlic, Laguna that will support the operation of the 18-station rail project. The project is seen to improve and provide affordable, reliable, and safe public transport that will connect to all existing Light Rail Transit and Metro Rail Transit lines in Metro Manila, including a connecting tunnel to allow the operation of direct trains from Calamba to stations on the future Metro Manila Subway system. The depot was awarded to the joint venture of Lotte (Korea), Gulermak (Turkey) and EEI and is set to be completed within five years. The Malolos-Clark Railway Project or MCRP Package 4 is another major EEI project that involves the construction of a 6.5 kilometers double-track railway with elevated, grade and underground sections. “Being one of the premier construction companies in the Philippines, EEI will continue to contribute to the economic growth and nation-building, shaping Philippine landscapes and communities through infrastructure, industrial, power, and property projects. We will aggressively pursue and deliver projects that will provide quality and safe living and workspaces and facilities for the people,” EEI president and chief executive officer Henry Antonio declares. The key components of the project are one underground station (Clark International Airport Station), one road underpass, a 1.2 km Depot Trackway line and a 3.8 km Service Road. The project was awarded to EEI’s joint venture with Acciona (Spain) and is expected to be completed within three years. EEI is also involved in MCRP Package 5 as a subcontractor of POSCO doing the majority of the earthworks, integral bridges, drainages, utilities, and perimeter walls. In congruence with the MCRP is the construction of the San Fernando Station, a part of Contract Package 2, in San Fernando, Pampanga. EEI serves as the subcontractor of Acciona and Daelim Joint Venture for this work package. EEI’s scope includes concreting works and supply, fabrication and installation of structural steel and is set to be completed in less than a year and a half. Flagship Metro Manila subway Another key infrastructure project is the Metro Manila Subway Project, in which the work package was awarded to the joint venture Shimizu Corp., Fujita Corp., Takenaka Civil Engineering & Construction Co. Ltd., and EEI Corporation involving the first 7.3-km section of the subway project comprising three stations namely Quirino Highway, Tandang Sora and North Avenue as well as the Depot and the Philippine Railway Institute Building in Barangay Ugong, Valenzuela. For the project, EEI is supplying supervisory personnel and skilled workers on the Tunnel Boring Machine operations. This gives the opportunity to EEI and its employees to showcase its expertise and competitiveness in the international market. This joint venture is expected to be completed by the fourth quarter of 2027. Also ongoing is the MMSP Phase I contract package for the construction of the Cut and Cover sections of the project located in Barangay Ugong, Valenzuela City. EEI scope shall be excavations and construction of reinforced concrete structures intended for the U-box and Cut and Cover sections of the subway track. The project will be completed in two years. Property remains core EEI is also working on high-rise buildings and properties such as The Grand Midori Ortigas Tower 2 and The Seasons Residences Tower D. The Grand Midori Ortigas Tower 2 is a 34-floor residential building development in Ortigas Center. The firm’s scope includes structural, architectural and plumbing works for Tower 2 and is set to be completed within three years. The other property development in the works is The Seasons Residences Tower D, a 55-floor residential building development in Taguig City with EEI’s scope covering civil, structural, architectural and MEPF (mechanical, electrical, plumbing and fire protection) works. The project is expected to be done within three years. EEI also bagged the Ecozone Properties Inc. project which involves the installation of process piping, utility piping and equipment as well as the completion of a storage tank farm facility and utility tanks at the Special Economic Zone in Bauan, Batangas. The piping and tank works are set to be completed in six months. EEI is also installing the additional piping works of the Natura and Premium Plant located in First Industrial Township Batangas. The post EEI touts rail deals done within 5 yrs appeared first on Daily Tribune......»»
Pursuing sustainable dev’t, food security
Asia is the world's largest rice consumer, accounting for 90 percent of global rice consumption. According to a business website that made use of data from the U.S. Department of Agriculture's Foreign Agricultural Service, the Philippines is among the top 20 countries with the highest rice consumption per capita. Data shows that the country's almost 113 million population consumes around 16.50 million metric tons of rice every year. The affordability and availability of rice have been cited as the primary reasons for Filipinos' penchant for eating rice. Thus, the proliferation of restaurants in the country serving "unlimited rice" has always been a fool-proof marketing strategy to entice customers. India's announcement in July that it would restrict the export of non-basmati rice has jolted not just the country but the global rice market. India is the world's largest rice exporter, accounting for over 40 percent of the global rice trade. It is on this note that I am calling for stronger government interventions in the agricultural sector. Unfortunately, India's decision comes at a time when the country is grappling with flooded rice fields as a result of recent calamities. But we cannot blame India for its decision to prioritize its domestic market. We have to be prepared as this could trigger a rice crisis affecting millions of Filipinos who consider rice a staple food. It is high time that we provide our local farmers with much-needed support to boost domestic rice production by offering them drought-resistant rice seeds, more fertilizers, additional irrigation, increased training, and easy access to credit facilities with low-interest rates. Our government must focus on short-term remedies such as exploring alternative sources like Vietnam and Thailand. But more importantly, we must implement long-term interventions that will lead to sustainable rice production. I have always been an advocate of sustainability and self-sufficiency to achieve food security which is a top priority of the current administration. Meanwhile, I have remained committed to visiting various parts of the country, not only to provide assistance but also to address the concerns of our people. On 5 August, we attended the blessing and ribbon-cutting ceremony of the two-storey Malasakit Center Building at Cotabato Regional and Medical Center in Cotabato City. We aided 647 patients and 2,535 medical frontliners including security guards, utilities, and other hospital staff. Meanwhile, qualified beneficiaries were given financial assistance from the Department of Social Welfare and Development. Joining us were CRMC Chief of the Hospital, Dr. Ishmael Dimaren, Maguindanao del Norte Rep. Bai Dimple Mastura, Matnog Mayor Zohria Bansel-Guro, Sultan Kudarat Mayor Tucao Mastura, and Vice Mayor Shameem Mastura. We also participated in the inauguration of the new Super Health Center (SHC) in the town of Libungan, where we assisted 1,000 indigent beneficiaries together with Vice Governor Efren Piñol, former vice governor Shirlyn Macasarte, Mayor Angel Rose Cuan and Vice Mayor Jims Fullecido. At the invitation of Mayor Angel Rose Cuan, we attended the town's Inter-Barangay Basketball Championship as part of its 62nd Founding Anniversary and 8th Katambolit Festival. We then headed to Midsayap to attend the groundbreaking of the SHC and assist 1,000 struggling residents together with Rep. Samantha Santos, Vice Gov. Efren Piñol, Mayor Rolando Sacdalan, and Vice Mayor Vivencio Deomampo Jr. On 4 August, we witnessed the groundbreaking of the SHC to be built in Monkayo, Davao de Oro. We visited the construction and renovation of the public market funded through our efforts. We also distributed assistance to 1,000 indigents in the area accompanied by Congresswoman Maria Carmen Zamora, Vice Governor Jayvee Uy, and Board Member Herv Apsay, among others. On 3 August, we were in Batangas to witness the groundbreaking of the Batangas Provincial Medical Center (New Provincial Hospital) in the municipality of Tuy. We also led the distribution of aid to 1,700 residents, with the support of Governor Dodo Mandanas. We were joined by Vice Gov. Mark Leviste, Congressmen Eric Buhain and Ray Reyes, Tuy Mayor Jose Jecerell Cerrado, San Luis Mayor Oscar Lito Hernandez, Vice Mayor Maan de Gracia, Lian Vice Mayor Ronin Leviste, and other local officials. We then went to Davao City to attend the 1st General Assembly of the Philippine Councilors League-Occidental Mindoro. On 2 August, we visited Caloocan City and witnessed the groundbreaking of the SHC, along with Health Secretary Ted Herbosa, Congresswoman Mitch Cajayon-Uy, Congressman Oca Malapitan, Mayor Along Malapitan, and Vice Mayor Karina Teh. We distributed aid to 980 impoverished residents in collaboration with the offices of Cong. Cajayon-Uy, Councilor Ed Aruelo, and Councilor Wewel De Leon. For those affected by Typhoon Egay, we distributed food packs and assisted 5,000 beneficiaries in Minalin, Arayat, and various towns in Pampanga; 500 in Bauang, La Union; 700 in Calumpit, and 1,700 residents from Hagonoy, Guiguinto, and San Miguel in Bulacan; 900 in Dagupan City, San Fabian, and Calasiao in Pangasinan; 200 in Binangonan, Rizal; and 200 in San Antonio, Zambales. We also assisted 89 fire victims in various barangays in Bacolod City, Negros Occidental. We also provided help to 1,200 impoverished residents of Cabanatuan City, Nueva Ecija; 1,049 in San Pedro City, Laguna; 800 in Tabaco City, Albay; and 67 more in Pulupandan, Negros Occidental. We also helped people in Bulacan, including 66 in Santa Maria, 66 in Paombong, 66 in Baliwag, 66 in Bustos, 66 in Obando, and 66 in Norzagaray. In Batangas, we also assisted 500 beneficiaries from Calaca, 400 in Tanauan City, and 57 more in Batangas City. The post Pursuing sustainable dev’t, food security appeared first on Daily Tribune......»»
Metrobank rewards 10 outstanding Pinoys P1-M each
Ten Metrobank Foundation Outstanding Filipinos, comprised of four teachers, three soldiers, and three police officers, are recognized for going beyond their duty and making a difference in the community. Recipients of this year’s career-service award for Filipino exemplars in the academe, military, and police sectors were presented to the public on Thursday, 3 August. Each of them will receive a cash prize of P1 million each (net of tax), a golden medallion, and “The Flame” trophy in a conferment ceremony on 29 August, ahead of the Metrobank’s anniversary celebration in September. Outstanding Filipinos embody the true meaning of “Beyond Excellence” as they go the extra mile in their chosen profession and selflessly extend a helping hand to those in need through their various service and community involvements while overcoming adversities and challenges. Bagging the 2023 Metrobank Foundation Outstanding Filipino Award for Teachers are (1) Mr. Rex M. Sario, MAT, Master Teacher I/Teacher-in-Charge of Balogo Elementary School (Pangantucan, Bukidnon); (2) June Elias V. Patalinghug, EdD, Master Teacher II, Catalunan Grande Elementary School (Davao City); (3) Edgar R. Durana, MAEd, Master Teacher I/SPED Coordinator, Don Jose Ynares Memorial National High School (Binangonan, Rizal); and (4) Jovelyn G. Delosa, Ph.D., Associate Professor, Northern Bukidnon State College (Manolo Fortich, Bukidnon). To be conferred with the 2023 Metrobank Foundation Outstanding Filipino Award for Soldiers are (5) Staff Sergeant Danilo S. Banquiao PA, Civil-Military Officer — Non-Commissioned Officer, 103rd Brigade, 1st Infantry Division, Philippine Army (Marawi City, Lanao del Sur); (6) Lieutenant Colonel Joseph J. Bitancur PAF, Assistant Commandant, Basic Military School, Air Education, Training, and Doctrine Command, Philippine Air Force (Lipa City, Batangas); and (7) Colonel Joseph Jeremias Cirilo C. Dator PA, Assistant Chief of Staff for Operations (G3), Presidential Security Group (City of Manila) (formerly Commanding Officer, 10th Military Intelligence Battalion, 10th Infantry Division in Mawab, Davao de Oro). Meanwhile, recipients of the 2023 Metrobank Foundation Outstanding Filipino Award for Police Officers are (8) Police Chief Master Sergeant Dennis D. Bendo, Section Team Leader, District Mobile Force Battalion, Manila Police District (City of Manila); (9) Police Major Mae Ann R. Cunanan, Chief, Police Community Relations, Criminal Investigation, and Detection Group, Camp Crame (Quezon City) (formerly Chief, Case Monitoring Section, Regional Investigation and Detection Management Division, PRO 9 in Zamboanga City); and (10) Police Colonel Renell R. Sabaldica, Chief, Morale and Welfare Division, Directorate for Personnel and Records Management, Camp Crame (Quezon City) (formerly Provincial Director of Cagayan Police Provincial Office in Tuguegarao City). “Outstanding Filipinos inspire us to go beyond excellence and pursue a mission that is bigger than ourselves. This year’s batch proved to us how the competence of Filipinos combined with character and compassion can positively impact other people’s lives,” said Metrobank Foundation president Aniceto M. Sobrepeña. “Educators, peacekeepers, and defenders have chosen to render selfless service to the community and the country despite many adversities. We hope their examples and contributions to society create a ripple effect transcending generations,” he added. The post Metrobank rewards 10 outstanding Pinoys P1-M each appeared first on Daily Tribune......»»
Private sector analysts predict inflation rate to dip below 5 percent
Private economists expect the country's inflation rate to ease further for the sixth consecutive month in July from the 5.4 percent inflation rate last June. A Daily Tribune poll of six (6) private sector analysts yielded a median estimate of 4.8 percent for July inflation. The Philippine Statistics Authority (PSA) is expected to unveil inflation data in the first week of August. Economists expect inflation to dip below five percent, marking the first time since April 2022, when the average headline inflation was 4.9 percent. Security Bank chief economist Robert Dan Roces and China Banking Corp. chief economist Domini Velasquez said inflation likely softened to 4.7. In an emailed commentary, Roces elaborated that the deceleration in the consumer price index (CPI) suggests a moderate level of inflation. "The favorable base effects that helped offset the increase in food prices may continue to play a role in keeping inflation in check in the short term," Roces said. For her part, Velasquez said lower utility rates offset higher food and fuel prices. She mentioned that electricity rates in all regions fell substantially from the previous month, especially in Mindanao and Batangas. Velasquez added that a stronger peso in July could have also led to the "muted" monthly inflation rate. ING Bank lead economist Nicolas Mapa, who said that headline inflation averaged 4.8 percent in July, mentioned that Bangko Sentral ng Pilipinas (BSP) would consider the data point alongside the path of inflation against developments such as the recent US Federal Reserve's hike in its subsequent decision. Philippine National Bank economist Alvin Arogo said inflation would likely to 4.9 percent in July amid the month-on-month increase due to the minimum wage hike in Metro Manila and the rise in pump prices due to Dubai crude. Arogo said the favorable base effects will continue to be the main driver for the monthly print of year-on-year price growth to be lower than four percent in the fourth quarter amid the "persistence of second-round effects." Bank of the Philippine Islands (BPI) lead economist June Neri, who said that inflation in July likely eased to 4.9 percent in July, mentioned it would fall within the two to four percent target range of the BSP by the fourth quarter. "Such a print suggests that a sub-four percent monthly print by October or November is possible and increases the chances that the BSP can keep policy rates steady for the balance of 2023," Neri said. Meanwhile, Rizal Commercial Banking Corp. chief economist Michael Ricafort said that the inflation rate for July likely slowed at 5.1 percent as the recent increase in local rice prices would also slow down the easing trend of "disinflation" at the very least. He said that the possible reduction of rice imports by the Philippines would also coincide with the adverse effects of the El Niño drought, especially from the fourth quarter of 2023 to the first quarter of 2024, potentially reducing local rice production. Ricafort added that the weather phenomenon would also lead to some uptick in local rice prices and overall inflation. However, the country's new central bank said it is still too early to declare victory in the battle to curb consumer price pressures as upside pressures on expenses remain high amid downtrend data, the country's new Speaking at a recent banking community event, BSP governor Eli Remolona said the persisting upside risks to inflation indicate the monetary authority remains open to further tightening. The country's core inflation, which primarily excludes food and fuel expenses, hit 7.4 percent in June. Last month's data declined from May's 7.7 percent to April's 7.9 percent. "Nonetheless, it's too soon to declare victory. Core inflation remains high. There are still upside risks to inflation – for example, risks in the form of El Niño and further supply shocks," Remolona said. Remolona stated that the inflation figures will factor into the analysis conducted by the Monetary Board. He added that data will play a crucial role in influencing their policy rate decision. "We will wait and see. We will analyze the data as they arrive, and that analysis will decide monetary policy down the road," the Central Bank chief mentioned. On the sidelines of the same banking event, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said he expects inflation to continue easing in the coming months but warned that there are still risks to the outlook. Balisacan said that the current downward trend in inflation is expected to continue, but some factors could worsen it. These include rising oil prices and the impact of Typhoons Egay and Falcon on agricultural production. "We are still monitoring the situation, but we hope that the impact of the typhoon will not be too serious," Balisacan said. The post Private sector analysts predict inflation rate to dip below 5 percent appeared first on Daily Tribune......»»
PCSO props OVP med aid program
The Office of the Vice President and the Philippine Charity Sweepstakes Office on Thursday signed a memorandum of agreement for supplemental funding to support the OVP’s Medical Assistance Program amounting to P10 million. The grant was provided by the PCSO through its “Operational Guidelines on the Supplemental Funding Assistance for the Medical Assistance Program of the OVP” through Board Resolution M-0087. The MoA was signed by OVP Chief of Staff and Undersecretary Zuleika Lopez and PCSO General Manager Melquiades Robles, which was witnessed by Vice President Sara Duterte and PCSO members and officials at the OVP Central Office in Quezon City. The grant will be used by the OVP for the sole purpose of providing assistance for healthcare services to clients under the MAP covering hospital bills, dialysis treatment, medicines, laboratory and diagnostic procedures, implants and other medical and assistive devices, chemotherapy, brachytherapy, radiation, physical, speech, and occupational therapy. From July 2021 to July 2022, the Medical and Burial Assistance program has already served 82,353 beneficiaries and processed the amount of P764,802,065. The aid can be accessed through the OVP Central Office, OVP Extension Offices in Lipa, Batangas, and Tondo, Manila, and 10 OVP satellite offices in the cities of Davao, Zamboanga, Cotabato, Surigao, Cebu, Bacolod, Tacloban, Isabela, Dagupan and Legazpi. The OVP has a total of 756 partners, composed of public and private hospitals, and dialysis centers nationwide. The Medical and Burial Assistance Program, which is the OVP’s banner social services, has continuously been providing aid to indigent Filipinos across the country. The post PCSO props OVP med aid program appeared first on Daily Tribune......»»