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Nina Lim-Yuson — A lifetime of girl scouting
The president of the Girl Scouts of the Philippines, Nina Lim-Yuson, grew up in a family and home of Girl Scouts. Her grandmother, Pilar Hidalgo-Lim, was one of the co-founders of the GSP. “It was actually my Lola Pilar who suggested to Josefa Llanes Escoda, the GSP founder, to go to America to learn about girl scouting.” This tidbit of history, Nina shared in an online interview with the DAILY TRIBUNE. Pilar Hidalgo-Lim became GSP president, and so did Nina’s mother, Estefania Aldaba-Lim, who served as secretary of the Department of Social Welfare and Development. Nina’s sister too, the eminent broadcast journalist, Cheche Lazaro, was a Girl Scout. Coming from a lineage of women achievers, Nina could not have chosen a different path. It was scouting that formally introduced the family to social responsibility, skills development and citizenship. Her brothers were also Boy Scouts. “I started when I was six years old and it was my Lola Pilar who inducted me as a Brownie. It used to be called Brownie because we were still using the American pattern,” she related. She belonged to Troop Number One, the first to be organized by the GSP national headquarters. In high school at the Jose Abad Santos Memorial School of the Philippine Women’s University, she became a junior and later a senior Girl Scout. College would briefly end her Girl Scouting as she focused on her studies. Along the way, she also danced with the Bayanihan Folk Dance Company. It was not unexpected that she would return to scouting, her first love, and her first extra-curricular activity. For the last 36 years, she has been active in various organizations and volunteer work. She founded the Museong Pambata. She is a recipient of The Outstanding Women in the Nation’s Service and is active in its various social development efforts. What Nina brings to her post is the legacy of leadership that had been passed on to her through generations of women leaders in the family. “My Lola Pilar was my idol. She was such a nice person and I never knew her totally as a president. I knew her more as a loving lola from all the stories she related when we rode up to Baguio. “My mother, on the other hand, was the opposite. She was very career-minded. I learned naman from her a lot of things, like being thrifty and having a list of things to do. In terms of organization, she was like that. Because she was in government. And, you know, when we started Museo, while it was actually my concept, I learned a lot from her. She would call me up at 5 o’clock in the morning and she would rattle off what needed to be done, like ‘number one, number two and so on.’ That was her. And I’m glad that I worked with her for six years in Museo. She was the president and I was the executive director for six years. I took over in 2000 as president and chief executive officer. And then, I stepped down in 2017.” Girl Scouts who read and tell stories Nina was elected president of the Girl Scouts of the Philippines for the term 2021-2024 during its 2021 national convention. From day one, she shared, “My purpose was to reach out to the community-based troops because we have always been school-based. Many young women now have social problems so we need to reach out to the communities through our community-based troops.” Also on top of her priorities is literacy development, a cause that she addressed even in the Museo Pambata. She explained, “My advocacy has always been education. So, I was very concerned because the Asian Development Bank reported in 2022 that the World Bank found out that our Filipino children at ages 9 and 10 cannot read. So, I felt that because girl scouting is all over the country, with 96 local councils, the organization could serve as a vehicle for improving literacy in our country. “We started the Girl Scout Storyteller project because storytelling affects the heart first before the mind. When young people start with storytelling, they will love the stories and then the written word. They would then want to read. “We now have storytelling in economically challenged communities and we have partners. We sent out 2,500 books throughout the country with the help of our partner couriers.” Initially, she sought the help of her family foundation “to give a donation. I also sought the help of Ging Montinola, who is into literacy development. Together, we founded the literacy program. We are building this fund to cover the cost of buying children’s books. We will have a storytelling contest next year.” Raising funds for Camp Escoda Nina then shifted the conversation to another major endeavor that she is spearheading as GSP president — fundraising for the 27-hectare Camp Josefa Llanes Escoda in Palayan City, Nueva Ecija, which was donated by the provincial government during the term of Governor Amado Aleta, the father of consul and civic leader Fortune Ledesma. “Palayan is beautiful because it has rolling hills, but it doesn’t have electrical and water facilities and roadworks. It doesn’t have a swimming pool, and it’s so hot in Nueva Ecija. It also does not have a conference hall. This is a big one-time fundraising project because it’s for the future of the girls who are going to the camp. Because as of now, if you go camping there, you have to walk up the hills to get your drinking water. You have to make buhos to take a bath.” She recalled, “In my time as a young Girl Scout, which was of another era, we had to walk in the dark to fetch water to fill up two drums. I was so scared because there were tuko in Los Baños. That taught me to be courageous. Camps really build up your lifetime skills and attitude. Camping is very integral in girl scouting and boy scouting. So, this camp will serve a purpose. It just needs various basic facilities to make it world-class and convenient with the proper amenities, but the girls will continue to learn all those survival techniques and appreciate nature right on the camp.” She praised architect Pippo Carunungan, “who is an environmental planner. He surveyed the site and drew up everything. It will be a beautiful camp, he said, because it’s a gift of nature.” First Lady as Chief Girl Scout Nina recently led the Girl Scouts in a fundraising ball attended by the “First Lady, Liza Araneta-Marcos, who is our Chief Girl Scout. It’s mandated in the GSP constitution that whoever is the female president of the country or the First Lady is the Chief Girl Scout. In the past, we had Imelda Marcos, Gloria Macapagal Arroyo. All the first ladies were all Chief Girl Scouts. “Mrs. Liza Marcos spoke before us and she promised to help. She said, ‘We will make it the best campsite.’ Everyone was excited to see her and she obliged everyone who asked to have selfie with her. She is very friendly. She is really a Girl Scout.” Nina shared, “A generous couple is sponsoring the swimming pool at P6 million, while a gentleman entrepreneur is sponsoring the perimeter fence at P1.5 million. Many other businessmen and leaders have pledged to help build this dream GSP project. “We really need to raise about 50 million to have a very good camp. But when the First Lady heard about it, she said, ‘It has to be P250 million.’ But, really, when we have the funds, we can have deep toilets that have running water instead of tabo-tabo. Since we have a little Pampanga river that runs across the camp, we can build a bridge that crosses it and then the girls can have white-water rafting there in the Pampanga river. “Camp Escoda will be a very important and significant venue for our Girl Scouts to gather, bond, learn new skills and develop as morally upright citizens of the country and the world. It is especially so because camping is integral in any Girl Scout’s life. If you don’t have camping, it’s like half of your scouting life is missing. Every Girl Scout remembers that time of her youth. And being the national camp, it will welcome Girl Scouts representing the 96 councils from Luzon, Visayas and Mindanao who will participate in various events and trainings.” Girl Scouts of all ages As GSP president, Nina travels to various parts of the country. “We have regional conferences aside from the meeting of the Central Board when regional heads and executives come to Manila. “I had just come from Baguio where I stayed for two-and-a-half days. I met our young Girl Scout representatives from ages 14 to 18. I enjoyed listening to them and exchanging ideas with them. I am so happy that we have a wealth of intelligent girls who want to serve the country. They are the ones who are going to take over. “It’s amazing that GSP is no longer limited to old people on the board. We finally have young ones on the board. Our Escoda committee is headed by Jade Delgado from Iloilo. Then we have Justine Bautista. She’s a psychometrician. She heads the Program Committee, which is a big committee because when we were in Baguio, we had 86 girls from all the councils throughout the country. Many of them are running for SK. “So, in my 70s now, which I don’t feel at all, I don’t take any medicines or something like that. Being with young people is what inspires me. Because at 15, 16 or 17, they already know that they have some kind of a mission.” Nina proudly shared that the venue of the Baguio conference, 'Ating Tahanan' on the South Drive was bought during the tenure of my Lola Pilar. We have four buildings there, including the houses of Senator and actor Rogelio de la Rosa and Carlos Valdes, the accountant. Lola Pilar, according to Carlos Valdes, twisted his arm to get a low price. I’m so thankful for all those who preceded me because they bought these places. It’s on South Drive which is so valuable. We even have a reserved forest behind us.” As she looks forward to the next camping and gets even busier raising funds for Camp Escoda, Nina feels elated that “every one of us in the Girl Scouts has been together in our various undertakings. The nice thing is we are now intergenerational because we try to bring in the old with experience, institutional memory and their wisdom born of their long life, and the young who are full of enthusiasm, energy and new ideas.” A star scout for a granddaughter While Nina does her part for the bright future of girl scouting in the country, her personal family too has not stopped contributing to the roster of members to this worldwide organization. Today, a granddaughter of hers, seven-year-old Rocio Yuson de Guzman, is a Star Scout. She is the daughter of Nina’s daughter, Nicky. No grandmother could have been prouder. Nina said, “Rufio loves being a star scout. When I arrived from the recent world conference in Cyprus, I came back with some badges and I gave some to Rufio who is very proud of the little badges that I got for her.” For sure, Nina will pass on not just the badges to Rufio. More importantly, she will give her granddaughter the once-in-one’s-childhood experience of being a Girl Scout and learning “the values that are identified in the Girl Scout Promise and Laws. I think that while there is so much to enjoy and learn, it is the inculcation of these values that would mold her into a well-rounded human being. As we all know, a Girl Scout’s honor is to be trusted. A Girl Scout is loyal, thrifty, courteous… and so on. It’s like a mantra -- the values that one lives by. “I have reached that point when it is not about success or what one accumulates in life, whether awards or accomplishments or material things. It is more about what I can share and scouting gives me that honor and privilege — to do my part in helping mold our young girls and making them aware even at an early age that they have a mission and worthy purpose in life. It is not just about being good and outstanding on your own but it is also about helping others to become better in what they’re doing and live better lives. “And I need not look far. As a grandmother, I dote on my Star Scout granddaughter, Rufio. There’s a world out there for her to discover and in which she has a role to play and use the skills and values she will learn from scouting.” The post Nina Lim-Yuson — A lifetime of girl scouting appeared first on Daily Tribune......»»
Duterte breaks silence on ‘promised’ BRP Sierra Madre removal: ‘They’re dreaming’
“They’re dreaming,” former president Rodrigo Duterte said as he broke his silence over the claims that the Philippines, during his administration, promised to remove the Philippine Navy’s commissioned vessel BRP Sierra Madre from Ayungin Shoal in the West Philippine Sea. In a recent episode of his program 'Gikan sa Masa, Para sa Masa’ over the SMNI News Channel earlier this week, Duterte bluntly denied giving out “an inch of territory” to China during his term. “I did not discuss anything about territory. For one, what is there on the map is ours. We are not claiming an area over what is really legally ours. So, that Sierra Madre—is claimed by the Philippines as ours (in) that area—so let it just remain there,” he said. Duterte agreed that setting up the BRP Sierra Madre in Ayungin symbolizes the country’s sovereign rights over the WPS. “Maybe, as a symbolic thing, to put a notice on everybody na atin ‘yan (that it is ours), which is good. Kung ako ang tanungin mo, prangkahan ko lang either kung sino ang nakikinig dyan (If you would ask me, I will tell you frankly, to whoever is listening now)—whether its a foreign country or the government)” he said. “Kung ako magdala ako ng maraming barko sa navy na sira-sira butasan ko 'yan dun. Iwan ko. Ilayo ko pa na parang buffer zone (If I were to ask, I would bring many decommissioned and broken navy ships in there. I will leave them there. I will even scatter them as a buffer zone) so that there can be no issue about. I said I would not give an inch that is owned by my country,” Duterte stressed. Duterte emphasized that defending the country’s territory should be spared from being a good friend to China. “Iba yung mag-kaibigan tayo, iba yung teritoryo ko. Ang liit-liit na nga natin tapos kukunan pa nila. Hindi na maganda yan,” he said. Earlier, former President Gloria Macapagal-Arroyo categorically denied that she made promises to China or any other country. "First, I never made such a promise to China or any other country. Second, I never authorized any government officials to make such a promise. Third, I only became aware of such claims recently, when the matter surfaced in public discussions," she said. China insists that Ayungin Shoal, which it calls Ren’ai Jiao, is part of its territory. But the Philippines maintains its sovereignty over the shoal as affirmed by the 2016 Arbitral ruling. The post Duterte breaks silence on ‘promised’ BRP Sierra Madre removal: ‘They’re dreaming’ appeared first on Daily Tribune......»»
US, Chinese and Russian officials gather at Southeast Asia summit
US Vice President Kamala Harris, Chinese Premier Li Qiang, and Russian Foreign Minister Sergei Lavrov will attend an East Asia summit in Indonesia on Thursday, offering an opportunity for direct, high-level diplomacy between the rivals. The 18-nation meeting will bring Washington and Beijing into contact a day after Premier Li Qiang warned major powers must manage their differences to avoid a "new Cold War", ahead of the G20 summit in New Delhi this week where Chinese President Xi Jinping will be absent. Interactions between the officials from the world's top two economies will be closely watched as they seek to control tensions that risk flaring anew over issues ranging from Taiwan to ties with Moscow and the competition for influence in the Pacific. "To keep differences under control, what is essential now is to oppose picking sides, to oppose bloc confrontation, and to oppose a new Cold War," Li told regional leaders on Tuesday. Harris held her own talks with Southeast Asian leaders on "the importance of upholding international law in the South China Sea", according to a statement from her office, the disputed waterway where Chinese claims have angered several Southeast Asian nations. Thursday's summit will be the first time top US and Russian officials have sat around the same table in almost two months after US and European officials condemned Lavrov at a July ministerial meeting over Russia's invasion of Ukraine. It comes as US Secretary of State Antony Blinken announced $1 billion in new assistance to Ukraine in a surprise visit to Kyiv on Wednesday. Indian Prime Minister Narendra Modi, Japanese PM Fumio Kishida, South Korean President Yoon Suk Yeol, Canada's Justin Trudeau, and Australian PM Anthony Albanese will attend the summit, as well as leaders from the Association of Southeast Asian Nations. G20 host Modi addressed ASEAN leaders on Thursday morning, telling them it is essential to "build a post-Covid rules-based world order" and make collective efforts to ensure a "free and open Indo-Pacific", using another term for the Asia-Pacific region. Thursday's talks come several months after Blinken traveled to Beijing, the first visit by the top US diplomat in nearly five years, where he met Xi as well as former foreign minister Qin Gang. - 'Broken' - The meeting was not expected to be a fiery affair despite the differences between the major powers, according to a Southeast Asian diplomat who will attend. "They will state their positions, these meetings are not tense. Especially at the leaders' level where some degree of decorum will be observed." The group will issue a negotiated joint statement after the summit. While the gathering can bring major players together, its ability to help resolve a range of regional and global disputes is limited, experts say. "It's a sign of the ASEAN convening power but lately we can say that the East Asia summit is broken. It has been turned into a forum for talking points," said Aaron Connelly, senior fellow at Singapore-based think tank IISS. While Thursday's meeting will be more geopolitical in scope, big powers used earlier talks in Jakarta to shore up alliances and lobby the Southeast Asian bloc. Li traveled on a Chinese-funded high-speed train project between the capital Jakarta and the Javan city of Bandung with a senior Indonesian minister on Wednesday. Harris held separate meetings with Indonesian President Joko Widodo and Philippine President Ferdinand Marcos Jr. -- both ASEAN members -- on the sidelines of the summit. "The Vice President reaffirmed the United States' ironclad alliance commitment to the Philippines, and highlighted the role the US-Philippines alliance plays in ensuring a free, open, and prosperous Indo-Pacific," her office said in a statement. South Korea's Yoon reportedly pushed for the bloc to counter North Korea's nuclear threats, calling for any military cooperation with the country to stop. United Nations Secretary-General Antonio Guterres will also give an address on the sidelines of the summit later on Thursday. ASEAN members are holding bilateral meetings with India, Australia, and the UN on Thursday. The post US, Chinese and Russian officials gather at Southeast Asia summit appeared first on Daily Tribune......»»
Pope arrives in Mongolia to back tiny Catholic presence on China’s doorstep
Pope Francis arrived in Mongolia on Friday, beginning the first papal visit to the vast Asian nation landlocked between China and Russia. The 86-year-old pontiff's trip through Monday to the Buddhist-majority nation is a gesture of support for the tiny community of Catholics numbering about 1,400. The Argentine pontiff left Rome at 1640 GMT Thursday bound for the Mongolian capital Ulaanbaatar, arriving Friday morning local time following a nine-hour journey. He was greeted by a line of Mongolian honor guards in traditional blue, red, and yellow attire and foreign minister Batmunkh Battsetseg. Aboard the papal plane soon after take-off, Francis described the vast, sparsely populated country of Mongolia as one that "can be understood with the senses." Asked by a journalist whether he found diplomacy difficult, the pope answered: "Yes, you don't know how difficult it is. "Sometimes you need a sense of humor." The nine-hour flight passed over Chinese airspace and the pontiff, following custom, sent a telegram to President Xi Jinping, bearing "greetings of good wishes" to him and the Chinese people. "Assuring you of my prayers for the well-being of the nation, I invoke upon all of you the divine blessings of unity and peace," he wrote. The voyage -- Francis' second to the region in a year after a September trip to Kazakhstan -- is geopolitically strategic. It is seen as encouraging Mongolia's fragile democracy and potentially helping the Church make inroads with the country's more powerful neighbors. "This is a clear effort of the Holy See to take care of Central Asia and not abandon it to Russia or China," Michel Chambon, a scholar of Catholicism in Asia, told AFP. The visit -- Francis' 43rd voyage in his decade as head of the Catholic Church -- is also crucial in keeping the door open for improved Vatican ties with Beijing and Moscow, which have yet to offer the Pope an invitation. "It's a way to not give up, to remind them 'I'm here!'" Chambon said. "It's a way not to just stay in Rome and wait for things to happen but to jump in." Stamina test The trip will be a stamina test for the pope, who continues to travel widely despite undergoing a hernia operation in June and pain in his knee that has forced him to use a wheelchair. After a day of rest, the pontiff's itinerary on Saturday includes a welcome ceremony, meetings with President Ukhnaa Khurelsukh and Prime Minister Luvsannamsrai Oyun-Erdene, and a first address to authorities, diplomats, and members of civil society. He will meet the Catholic community -- which includes just 25 priests and 33 nuns, only two of them Mongolian -- later Saturday in Saints Peter and Paul Cathedral. Its circular nave resembles a "ger", the Mongolian nomads' traditional tent dwelling. The Jesuit pope addresses an interreligious meeting Sunday, where the rector of Ulaanbaatar's Russian Orthodox Church is expected to be present with a delegation, and later presides over a mass inside a newly built ice hockey arena. Pilgrims from nearby countries are expected at the mass, the Vatican said, including from Russia, China, South Korea, Thailand, Vietnam, Kazakhstan, Kyrgyzstan, and Azerbaijan. Not taking sides Once part of the empire of Genghis Khan, Mongolia is dependent on Russia for energy imports and on China for the export of its raw materials, primarily coal. But while toeing a neutral line with its powerful neighbors, it has engaged in a "third neighbor" policy, strengthening relations with other nations, including the United States, Japan, and South Korea, for balance. That makes Mongolia potentially helpful for Vatican relations with both Beijing and Moscow. The Holy See last year renewed a deal on the thorny issue of bishop appointments with China, and Francis has sought to broker an end to the war in Ukraine with Russia. Francis may use his trip to the former Soviet satellite state, a democracy since just 1992, to hammer home democratic principles. A major coal industry corruption scandal provoked street protests in December, eroding public trust amid a weak economy, high inflation, and major gaps between rich and poor. Chambon, a fellow at Singapore's Asia Research Institute, said Francis may take a page from last year's Kazakhstan visit, during which he warned authorities they have a responsibility to govern well. "The pope is not taking sides but is really putting politicians in front of their responsibilities," Chambon said. "'Who are we serving, are we honest, are we caring for the poor and marginalized, are we taking care of the entire nation in its religious and ethnic diversity?' "He plays the games but he asks the hard questions." Francis, who plans in October to publish an update to his seminal 2015 "Laudato Si'" a global call to action for the environment, will also likely bring attention to the impact of climate change on Mongolia's ecosystems. Together with mining and overgrazing, rising temperatures and their effects are fuelling desertification across swathes of the country. Severe cold, flooding and drought have killed off herds on the vast grasslands, forcing nomads who make up one-third of the population to migrate to Ulaanbaatar, now surrounded by shantytowns inhabited by displaced herders. The post Pope arrives in Mongolia to back tiny Catholic presence on China’s doorstep appeared first on Daily Tribune......»»
Impertinent lawmaker
A leftist party-list representative, one among those who foist their nationalistic pretense, who has been critical of the previous administration’s war on drugs but couldn’t for once slam the communist rebels for their terroristic activities, and always engaged in either wrong or misleading narratives, has once again unleashed a thoughtless and unstudied declaration, poking her finger in the West Philippine Sea dispute vis-a-vis China’s claim that the Philippines had committed to removing the BRP Sierra Madre which has been aground for a long time at the Ayungin Shoal. This time she has targeted former President Rodrigo Roa Duterte for the latter’s alleged silence on the issue in the face of former presidents Gloria Macapagal-Arroyo’s, Joseph Estrada’s and President Ferdinand Marcos Jr.’s denial of making such a commitment to China. She has cast suspicion on the former maverick President’s and the latter’s daughter’s (Vice President Sara Duterte) alleged non-issuing a denunciation statement against China’s attacking the resupply mission to BRP Sierra Madre and failing to deny having made the aforementioned pledge. In the first place, there is no need to dispute China’s claim because, for one, it has not submitted proof as to the identity of a government official who made such a commitment, and on what occasion and year it was made. For another, assuming a commitment was made by whomsoever, the same could not be undertaken given that the ship in question is in Ayungin Shoal, which is within the exclusive economic zone of the Philippines, over which place the latter has sovereign rights under international law and the United Nation Convention on the Law of the Sea or UNCLOS, and therefore it can do whatever it pleases. Moreover, the arbitral ruling handed by the Permanent Arbitration Court has affirmed the Philippines’ sovereign rights’ claim to it while it rejected China’s expansionist claim over the West Philippine Sea — hence, any contrary claim over the use of the same or invocation of whatever commitment made in regard thereto not only has become moot if not irrelevant but — and more importantly no basis in international law. There is no need for FPRRD to issue a statement to deny or dispute China’s claim simply because as aforestated, it has not validated its allegation with any semblance of proof. Moreover, it is irrelevant at this stage owing to the arbitral award. Even if it is relevant, the denial of the existence of such commitment by no less than the current head of state is more than sufficient. Unlike this impertinent lawmaker, FPRRD abhors calling attention to himself. To require the Vice-President to issue a similar denial and a denunciation against China’s assault on the Philippine Coast Guard is redundant, with PBBM having already an official statement on the matter. The lady solon nastily insinuates that FPRRD has been sleeping with the enemy citing instances that she did not particularize forgetting that even if he has developed a friendship with China’s President, his virtual speech before the United Nations, asserting our sovereignty over the West Philippine Sea and his raising the arbitral ruling in a face-to-face dialogue with President Xi Jinping on his first state visit to China spoke eloquently of his position that he is fiercely opposed to China’s unlawful incursions on Philippine waters. This member of the Lower House has also repeated the lie started by some anti-Duterte critics that the latter has described the arbitral ruling as a mere piece of paper. For her education and others. PRRD was describing how China is treating the favorable decision by not only ignoring it but committing repeated acts of aggression against the Philippines. China is demonstrating its rejection of the international arbitral court ruling by treating it as a worthless piece of paper. In other words, it is telling the world that the Philippines may have the decision (paper) but it has control over the territory it has won in the arbitration. There is wisdom in the suggestion that she zips her lips and halt her rants and focus on legislation. The post Impertinent lawmaker appeared first on Daily Tribune......»»
Biden salutes ‘new era’ of united Japan, S. Korea in face of China
US President Joe Biden on Friday hailed a "new era" of unity with the leaders of South Korea and Japan as the allies unveiled new three-way security cooperation at a first-of-a-kind summit that has already rattled China. Going tieless in the Camp David presidential retreat, Biden praised the "political courage" of South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida in turning the page on historical animosity. "Our countries are stronger -- and the world will be safer -- as we stand together. I know that's a belief that we all three share," he told them as he opened the talks in the mountains west of Washington. Biden said the three would pursue "this new era of cooperation and renew our resolve to serve as a force of good across the Indo-Pacific and, quite frankly, around the world." The two treaty-bound US allies largely see eye to eye on the world -- and together are the base for some 84,500 US troops -- but such a summit would have been unthinkable until recently due to the legacy of Japan's harsh 1910-1945 occupation of the Korean peninsula. But Yoon, taking political risks at home, has turned the page by resolving a dispute over wartime forced labor, and now calling Japan a partner at a time of high tensions with both China and North Korea. "Today will be remembered as a historic day, where we established a firm institutional basis and commitments to the trilateral partnership," Yoon said. The three leaders will agree to a multi-year plan of regular exercises in all domains, going beyond one-off drills in response to North Korea, and will announce a "commitment to consult" during crises, said Jake Sullivan, Biden's national security advisor. The leaders will also agree to share real-time data on North Korea and to hold summits every year, officials said. Camp David marks the first time the three countries' leaders have met for a standalone summit, not on the sidelines of a larger event, and is the first diplomatic event since 2015 at the resort, which is synonymous with Middle East peacemaking. You can never become Westerner Jake Sullivan, Biden's national security advisor, said the summit would have an "affirmative vision" on how the countries can deliver together and was "not taking aim at a country." But Rahm Emanuel, the blunt-speaking US ambassador to Japan, took another tone when he previewed the summit, saying that the three powers "created something that is exactly what China was hoping would never happen." For Emanuel, the former congressman turned ambassador, China should understand one thing: "We are the rising power; they are declining." China has flexed its muscle both at home and in Asia under President Xi Jinping, exerting disputed maritime claims and carrying out major exercises near Taiwan, the self-ruling democracy claimed by Beijing. Chinese Foreign Minister Wang Yi urged the two economically developed Northeast Asian democracies instead to work with Beijing to "revitalize East Asia." "No matter how blond you dye your hair or how sharp you shape your nose, you can never become a European or American, you can never become a Westerner," he said in a video shared on official media. "We must know where our roots lie," he said. But China's pressure tactics have led to a sharp deterioration in its favorability in Japan and South Korea, which have traditionally been more discreet than the United States in their comments. Tensions have also risen with North Korea, which has launched a volley of missiles in recent months and is feared to respond with new action in response to the summit. As the Camp David summit opened, North Korea said it had scrambled jets in response to what it called a US spy plane's incursion. Global allies But the summit hopes to move beyond a focus on North Korea or even just Asia. Tokyo and Seoul have offered a major boost to Ukraine as major non-Western powers join pressure against Russia's invasion. The summit aims to institutionalize three-way cooperation to make it difficult for any reversal by a future leader -- a South Korean president who again seizes on hostility with Japan or, potentially, a return of Donald Trump, who has disparaged US troop commitments overseas as wasteful. To the surprise of many observers, Yoon's embrace of Japan has drawn relatively muted protests at home. Both Japanese and South Koreans feel that there are "a number of fundamentally aligned values and interests that should bring them together," said Mira Rapp-Hooper, senior director for East Asia and Oceania on the National Security Council. Yoon, a conservative, has quickly become a close US ally, with Biden welcoming him for a rare state visit in which the South Korean leader regaled the audience by singing "American Pie." But Yoon is constitutionally prohibited from serving more than a single term, which ends in 2027. The post Biden salutes ‘new era’ of united Japan, S. Korea in face of China appeared first on Daily Tribune......»»
Of China’s ‘One Belt One Road’
Sometime in August 2016, I attended the formal media launch of One Belt One Road, or OBOR, in Beijing, China. I thought then that OBOR, also referred to later as Belt and Road Initiative, must be one of the most, if not the most, significant programs of President Xi Jinping, as it was attended by hundreds of print and broadcast journalists from around the world, the Philippines included. OBOR was to revive the “Silk Road” economic belt of ancient China, a land trade route carrying its finest silk and other goods to its neighboring Central Asian countries and later to as far as Europe; whereas today’s Road refers to the 21st Century land and maritime silk route to Southeast Asia, the Middle East and Africa. The land route was launched, I think in 2013, while the maritime route was given a big push in 2017. Early on, China set up the Asian Infrastructure Investment Bank as part of the OBOR mechanism. China sank in the initial capital and was joined later by other member countries. The Philippines was the last country to join AIIB when the late President Noynoy Aquino signed its Charter in the last few minutes of 31 December 2015, and this was ratified a year later during Duterte’s term. In sum, AIIB had 106 members to start. The Philippines, if we look at the records, derived from loans and infrastructure projects, was quite slow in availing of cheap money from this BRI initiative. Indonesia, Singapore, and other ASEAN and African countries had done so for various infra projects, among these railways, dams, and ports. The small loan amount we obtained was later topped up by China in terms of gifts which came in the form of bridges, schools, medical supplies, and vaccines when the Covid-19 pandemic broke out. Add to that are the much-needed arms for our armed forces to get rid of the marauding Maute ISIS terrorist group in Marawi City and additional help to rehabilitate it later. Alarmed by the inroads China was making with the BRI through the land and marine infrastructure built with the billions of dollars it loaned to countries along the silk routes, the West was quick to make a big issue of it when Sri Lanka defaulted, calling China’s loans a “debt trap.” Of course, not a few of those struggling economies defaulted as the impact of the new infrastructure on their development had yet to gain traction. However, President Xi Jinping waived the interest dues. How is it for China midway to the Road’s target completion date of 2049? The BRI has covered more than 68 countries with an estimated 65 percent of the world’s population. All told, the largesse from China resulted in the reduction of dependency on the US and it created new markets for Chinese products. The US of A is fast losing its dominance. China, once wallowing in the quagmire of poverty, is now the second-largest economy in the world and growing. Will China then go beyond firing water cannons at Philippine Coast Guard vessels? This could only be answered by another set of questions. Is China willing to cut the marine silk route that passes through or close to the West Philippine Sea? Will its land route suffice to bring its products to its export markets in the event the sea lane is altogether cut off? Will the Chinese people relish going back to poverty and isolation? The answers are a big NO. So why EDCA? Why not pursue the Philippines-China joint oil exploration in the WPS as the offer stands at a 60/40 sharing agreement in favor of the Philippines? Why build more military bases when these are veritable beckons to war which we as a policy abhor? Why not take advantage of the short maritime link between China and the Philippines to enhance our economy? The price of fuel is skyrocketing. Our peso is depreciating as in a free fall. We have solutions and yet these, too have become problems. The post Of China’s ‘One Belt One Road’ appeared first on Daily Tribune......»»
Michael Ted Macapagal: Making tracks in public service
If life were a train, then Michael Ted Macapagal’s has been quite a ride. Raised by a labor leader and human rights lawyer father who served the people of Olongapo, including the workers of the US American Base in Subic, Michael Ted Macapagal had always wanted to become a public servant. It took Ted, though, a long journey to reach his goal, first achieving success in the insurance field in the United States where he lived for 20 years starting in 1991. Today, he is the chairman of the Philippine National Railways, a position “that allows me to make a difference in the lives of my countrymen,” he shared during his recent visit to the Daily Tribune office in Makati. Ted, good-looking and affable, proudly spoke of a father, his namesake, Atty. Teddy C. Macapagal who, early on, exposed his son to a firsthand view of a gentleman who looked beyond himself and his personal interests, and instead dedicated his career to protecting the common man and bettering their lot. The elder Ted served as a city councilor for 10 years. In 1984, he ran for the Batasang Pambansa, and in the late 1980s, for city mayor. “In all these electoral processes, I was involved and saw for myself how my father related to the people. He was a sincere man who helped them in the best way he could. He provided free legal services to those in need,” Ted recounted. Ted grew up in Olongapo, his place of birth. It was in the neighboring province of Pampanga, though, at the Don Bosco Institute in Bacolor town, where he first studied, but he eventually returned home to Olongapo, where he finished high school at the St. Columban. Aiming to become a lawyer, he enrolled at the University of the Philippines in Diliman, where he majored in History, which he intended as his pre-law course. Not unexpectedly, he joined the Upsilon Sigma Phi, his father’s fraternity. He also joined rallies where he stood with those who wanted the retention of US bases in the Philippines, in keeping with the sentiments of his townsmen. “It was the one concern where the whole of Olongapo was united,” he recalled, “because the people’s livelihood was connected to the base and the American presence in the community.” As a lawyer who specialized in labor, his father himself handled cases for the base employees. In 1988, his father lost his mayoralty bid in Olongapo. He fought against his fraternity brother, Richard Gordon. Actually, the two had been fighting it out for decades. “Olongapo became too small for them,” shared Ted. “A vivid memory to me to this day was the night I cried after my father lost. I was heartbroken because, for the most part of my life, I saw him give his all to the people. Throughout all those years, I just loved assisting my father. I followed him whenever he visited his constituents. I was a witness to everything that happened to him, his conflict with his political adversary and the loyalty of the people who believed in him and saw in him the man who would change the face of politics in our city.” The elder Macapagal became OIC-Mayor in 1986, but only two months after he received his appointment from the new president because the incumbent mayor did not easily give up his post which he was required to vacate under the new revolutionary government. “The next local election was the most expensive political exercise that our family ever waged,” Ted recounted. “It was then that my father decided that I pursue a new life in the United States, away from politics back home. “All the while, my heart never left the Philippines. Even before I left, I promised myself I would return to continue what my father started.” First non-white president Ted stayed in San Francisco for 20 long years. He had a tough time at the beginning of his new life. “I started off doing odd jobs. I worked as a security guard, janitor and waiter in a pizza parlor. “I also guarded the heavy equipment in a construction site in San Francisco. Thievery was a problem in that kind of situation. We would sleep in a trailer. “I transferred to a construction firm because I found out it offered a bigger salary. But I didn’t know the technical aspects of construction. Once, I made a portable ladder, but it fell apart, for which I was scolded by the owner of the company. I was fired on my third day on the job. Too bad because it paid high.” Ted then decided to pursue another degree, one that would be more useful in the United States. He took up Human Resource Management, a four-year course at the University of California in Berkeley. When he finally entered the corporate world, his first job was as a clerk. It wasn’t long before he became Division President of Stewart Title Company, one of the largest underwriters in the world, with offices across the United States, and in some 80 countries around the globe. He was based in the San Francisco Bay Area. “I may have been the first non-white president,” he said. “And I was a division president for the whole of North America. I was the first Filipino to reach that level.” Of his trailblazing accomplishments, he shared, “I was able to bring cultural diversity to the company, which enhanced its value. I got the top post because I asked for a meeting with the president. I told him we were not diverse enough to appeal to the non-white clients, and there were many of them who were first-time home buyers. Then, I told him to make the rounds. He would see that none of the home buyers was white. They were of different ethnic groups. I told him that if he appointed me as vice president, I would give him multi-cultural buyers because I would appeal to them and they would be our first-time buyers. So, he appointed me, and one month later, he made me president.” As an adjunct, he lectured on the topic of title insurance and escrow procedures in several community colleges in and around the San Franciso Bay Area. Through it all, he chose to keep his Filipino citizenship. The ‘Railway President’ For all the successes he was enjoying, the Philippines beckoned. He felt he still had a mission to accomplish. “My father was surprised. He asked me why I would still want to go home when I was doing well in the States. I insisted, so I came back and I plunged into political life. I worked on difficult campaigns, like the one for Rodrigo Duterte.” Back to his first love and passion, the political arena, he was in his element and served as president of PDP LABAN in Olongapo City from 2016 to 2021. In 2022, he joined LAKAS-CMD as its local chairman. This engagement led to his original target, as his father had achieved in his lifetime — serving the people. This time, he would be appointed to key posts in the government. He became director of the Clark Board and Gulf Oil Philippines. He took his oath of office as chairman of the Philippine National Railways on 28 April 2023. It is a job in a government agency where he is confident “I could make a difference because I can see that President Bongbong Marcos is really intent on improving the railway system of the country. “On my part, I want to make a difference. I want to be able to contribute whatever I can to help the president to achieve that objective. I call him now the ‘Railway President’ because I consider him the father of the railway system in our country.” Of course, he noted that many plans have been formulated during the time of President Rodrigo Duterte. Moreover, he recognized that President Gloria Arroyo “navigated our country through the global crisis. I was in the United States when the global economic crisis happened, and the Philippines was one of the countries spared, and I give credit to her. The economic fundamentals were very strong during her time. Being an economist, she was there at the right time when the country needed her the most.” With President BBM at the helm, he is confident “we will be able to push through with our development plan and finish the projects we have started, like the North-South Commuter Railway, which is a 147-kilometer stretch from Clark to Laguna. We hope to have the dry run in 2026 and it will be fully operational in 2027.” He also looks forward to the completion of the Bicol South Long Haul project. He is equally hopeful for the North Long Haul, the Subic-Clark and the Mindanao railways. He clarified that “we are now talking with the proponents, while some negotiations are being undertaken.” Working boots and a hard hat It would seem that this successful insurance executive was out of place in the railway sector. He pointed out, though, that “coming from the outside, I have the technical advantage of being able to look outside the box. So, I’m looking at it from outside the box, looking in. I am able to see the problems that need to be fixed. Stoppage is one of the problems so we have a bus augmentation program. We will also deploy UV Express units. We are closely coordinating with the LTFRB to provide emergency alternative transportation.” On the other hand, his exposure to people of all backgrounds from his youth, being his father’s son, has given him the advantage of “knowing how it is to be one of the boys. Something that I also experienced in the United States. “When people ask me what my management style is, I tell them straight I like to go down to the ground. I like hands-on supervision. I want my hands to be dirty. If you open the trunk of my car, you will find my working boots and my hard hat. I enjoy going to the construction sites and seeing for myself the progress, the problems, whatever it is that needs to be attended to. “Finally I want those working in the field doing the most difficult tasks to be satisfied and never to be hungry. Gusto ko, busog sila lagi. I am not happy when I get invited by the constructors and I am honored with a feast-like lunch or dinner, and not knowing what the workers are eating. I am on a diet anyway, so I make sure that my hosts bring the food to where the workers are eating. I can only eat so much and I would rather that the workers and the staff are full and happy. I am vocal about my displeasure when the construction workers are not eating the same food that is served to me. I may not be able to invite them to where I am eating but I can have the food brought to them.” Smiling from heaven Without a doubt, the old man Atty. Teddy C. Macapagal is smiling happily from his heavenly perch. He had served his fellowmen well, but he had done right as well by raising a son who took after his heart, to whom service to the people and compassion for the less fortunate matter more than any personal gain. His father, according to Ted, “died a broken man at the young age of 63. But whatever he lacked in longevity and riches, he made up for it with his compassion for others, for the free legal services that he gave to the people of Olongapo. “If you didn’t have money, you went to him because he was generous with his time and expertise. He would even give you some cash to use for your transportation fare to go home. That was my father. “The people whom he helped in turn would come to our home and bring him gifts like eggs, fruits, fish, vegetables and native chickens that they raised in their backyards. My father accepted them all. When I came home and saw all this, I teased him and said that he should probably open a sari-sari store so he could resell them. “Of course, we had a good laugh. But beyond the laughter, we both knew in our hearts that doing good to one’s fellowmen is its own reward and nothing in this world can take the place of personal fulfillment for having put a smile on people’s faces because you somehow made their lives better. “I am grateful that I have been raised by such a great father.” The post Michael Ted Macapagal: Making tracks in public service appeared first on Daily Tribune......»»
Time for the Philippines to go nuclear
With the scorching heat of the sun still going on and the looming dry spell as a result of the El Niño phenomenon, more Filipinos are using electricity to beat the soaring temperature. Unfortunately, the supply of power cannot cope with the demand, so power outages have also become common. [caption id="attachment_167841" align="aligncenter" width="2560"] Many Filipinos are increasingly unable to afford power costs, with the cost of electricity in the country among the highest in Southeast Asia. | Photographs Courtesy Of The Philippine Nuclear Research Institute.[/caption] Many Filipinos are also increasingly unable to afford power costs. The cost of electricity in the country is among the highest in Southeast Asia, according to a paper penned for the Ateneo Center for Economic Research and Development. In the Philippines, the kilowatt per hour is $0.16. Compare that to Thailand and Indonesia ($0.10/kWh) and Malaysia ($0.05/kWh). At $0.18/kWh, only Singapore surpasses the country’s Philippines rates. About 50 percent of the country’s power generation comes from coal, with natural gas and renewables accounting for just over 20 percent and the rest coming from oil-fired boilers. The country’s electricity consumption is expected to triple by 2040 — from the 90.2 TWh (Terawatt-hour) in 2018 — due to the rapidly growing economy. It’s time for the Philippines to transition away from its reliance on coal. The adoption of nuclear power is the fastest option and would make electricity costs more affordable, according to the Philippine Nuclear Research Institute. PNRI Director Carlo A. Arcilla said including nuclear power in the country’s energy mix would be beneficial to consumers as it would bring down expensive electricity rates and provide a stable source of power. Gayle Certeza, convenor of Alpas Pinas, a group that educates and advocates for nuclear energy, agrees. “We believe that nuclear energy will positively impact the lives of Filipinos because it will mean lower electricity rates that will better allow for more savings,” she said in a Daily Tribune feature. During the presidency of Rodrigo R. Duterte, Executive Order 164 was signed to include nuclear power in the country’s energy mix. Under the policy, the country “shall ensure the peaceful use of nuclear technology anchored on critical tenets of public safety, national security, energy self-sufficiency, and environmental sustainability.” Energy security The Department of Science and Technology supported EO 164, saying: “Nuclear power is envisioned to bring down the cost of electricity and to contribute to energy security considering the various limitations now being encountered in the other sources which includes natural gas, geothermal, hydro and coal.” The DoST is a member of the Nuclear Energy Program Interagency Committee, tasked to study the adoption of a national position on nuclear power. Nuclear power is one of two major alternatives to fossil fuels; the other is renewable energy (solar power, wind power, hydroelectric, geothermal energy and biomass energy). “Renewables and nuclear can complement each other,” said Arcilla in an interview. “Wind and solar depend on the status of the weather, and they only a 30-percent capacity factor unless you have an expensive battery.” Solar energy also requires one hectare of land to produce one megawatt. “This will become more challenging since the Philippines is an archipelagic country,” Arcilla said. Nuclear, on the other hand, “is more of a baseload energy, meaning it is more reliable due to its continuous production of energy. It could provide backup for wind and solar.” Threats and risks Groups such as the World Nuclear Association, the International Atomic Energy Agency and Environmentalists for Nuclear Energy contend that nuclear power is a sustainable energy source that reduces carbon emissions. But opponents, such as Greenpeace International and Nuclear Information and Resource Service, warn that nuclear power poses many threats to people and the environment, including the problems of processing, transport and storage of radioactive nuclear waste, the risk of nuclear weapons proliferation and terrorism, as well as health risks and environmental damage from uranium mining. Because of these risks, Dr. Art Romero, a geoscientist at Lawrence Berkeley National Laboratory Berkeley, California, emphasizes the need to conduct due diligence, technical hazard studies and engineering and safety reviews. If the Philippines went nuclear, where would it put nuclear waste? “It is very challenging to manage nuclear waste as it will last up to 10,000 years,” acknowledged Arcilla. “We need to isolate them from the human environment.” Arcilla suggests deep borehole disposal. “In the Philippines, we have the capability to drill up to three kilometers. So what we can do is to go to an isolated island, drill up to one kilometer, then we plug in bentonite.” It’s not the first time the Philippines will go nuclear. The Bataan Nuclear Power Plant was built by Westinghouse during the time of Ferdinand Marcos at a cost of $2.2 billion, but it was mothballed in 1986 due to safety concerns and allegations of corruption, even before it could begin operations. During the administration of Gloria Macapagal-Arroyo, proponents wanted the BNPP rehabilitated. But the project was projected to cost a hefty $1 billion. In 2019, a public perception survey indicated that 79 percent of Filipinos supported the rehabilitation of the shelved BNPP. In addition, 65 percent approved the building of new nuclear power plants. Nuclear power is the second largest source of low-carbon electricity today. With almost 500 operating reactors globally, it provides 10 percent of global electricity supply. It’s time for a rapidly developing country like the Philippines to take a second look at this critical power supply option. The post Time for the Philippines to go nuclear appeared first on Daily Tribune......»»
Meeting between FPRRD and PBBM an occasion to come together—Bong Go
Senator Christopher “Bong” Go said the meeting between former president Rodrigo Duterte and incumbent President Ferdinand “Bongbong” Marcos, Jr., marked a rare occasion where two leaders from different administrations come together. In an interview after his visit to Tuy, Batangas on Thursday, August 3, Go stressed the importance of the said meeting on the country's foreign relations and domestic political landscape. It can be recalled that Duterte just came back from a recent personal trip abroad, where he was given an opportunity to meet with Chinese President Xi Jinping. “Isinama lang po ako ni dating pangulong Duterte sa pulong nila ni Pangulong Bongbong Marcos. Sila naman po ang nag-usap muna. Sa pagkaalam ko ang napag-usapan nila ay tungkol doon sa pagbisita ni former president sa China kung saan po ay naimbitahan siya sa inagurasyon ng building na pinangalanan po sa kanyang yumaong nanay, si Soledad Duterte,” Go said. “Bilang dating presidente ng bansang Pilipinas at kaibigan n’ya si President Xi ng China, naimbitahan po siya sa pagpupulong. Napag-usapan nila ang kanilang pinagsamahan noon bilang parehong lider at si (dating) pangulong Duterte naman po ay pumunta kay Pangulong Bongbong Marcos para ireport po, bilang kanyang obligasyon as a citizen nitong bansa natin, na ireport po sa Pangulo kung ano ang napag-usapan nila doon at ano po ang makakatulong sa ating bansa,” he added. Go underscored the significance of such dialogues, stating that they foster a sense of continuity in governance and allow for the exchange of valuable experiences and wisdom between the two leaders. He added that the Philippines values its relations with China while upholding its sovereign rights and pursuing a rules-based approach in handling disputes in the West Philippine Sea. “I’m sure interest po ng Pilipino ang uunahin ni (dating) pangulong Duterte sa kanyang pakikipagpulong sa bansang Tsina. Kung ano po ang atin ay kanyang ipinaglalaban parati yan. Interes ng Pilipino — yun po ang dapat nating ipaglaban. Ang atin ay atin. What is ours is ours,” he said. Go said “kaya natutuwa po ako na siya mismo si (dating) pangulong Duterte ang bumisita kay Pangulong Bongbong Marcos para mag-usap po ang kasalukuyang Pangulo at dating Pangulo na dati pa namang magkaibigan po... kung ano po ang detalye (ng pag-uusap nila), hayaan na nating ang Palasyo ang maghayag nito.” Senator Alan Peter Cayetano, who served as secretary of the Department of Foreign Affairs under the Duterte administration, previously suggested the possibility of appointing Duterte as a special envoy to China in light of the former president's positive rapport with Chinese authorities. He argued that Duterte's capacity to earn the trust of both the Chinese government and his fellow Filipinos could make him a suitable option if Marcos desires it. Go said that with Duterte's unique communication style and his success in gaining China's confidence, he has consistently remained devoted to what is best for the Philippines. The post Meeting between FPRRD and PBBM an occasion to come together—Bong Go appeared first on Daily Tribune......»»
Duterte as special envoy to China: ‘Why not?’ Zubiri says
Senate President Juan Miguel “Migz” Zubiri on Thursday said he sees nothing wrong with the proposal to appoint former President Rodrigo Duterte as special envoy to China. In a television interview, Zubiri was asked about his stand on the proposal to appoint President Ferdinand Marcos Jr.’s predecessor to represent the country in its negotiation with China on the issue of the West of the Philippines. “Why not? Anyone who can help diplomacy in this part of the world, in this economic zone of ours, the exclusive economic zone would be a big help,” he said. “It could be president former President Rodrigo Roa Duterte,” he added. Aside from the former chief executive, Zubiri said that Senator Alan Peter Cayetano, who floated the idea to tap Duterte, could also represent the country in its negotiation with China. “It could also be Alan, why not Senator Alan as well to help in the backchanneling since he’s quite close to some of the officials there being the former Secretary of Foreign Affairs?” he said. On Wednesday, Zubiri and 20 other senators met with Marcos and his wife First Lady Liza Araneta-Marcos in the Malacanang Palace after the latter hosted a “casual dinner.” Prior to his dinner with senators, Marcos also met with the older Duterte, who went to China last month. Zubiri said during their meeting with the president, the latter mentioned that it was Duterte who brought up the issue of the West Philippine Sea during his meeting with Chinese President Xi Jinping. “What he mentioned to us, was during the duration of President Duterte’s meeting with Xi Jinping, the topic of the West Philippine Sea never was brought up,” he said. “Apparently, it was never, according to the President, casually saying that it was never brought up,” he added. He continued: “It was actually President Duterte to mention to Xi Jinping that on the issue of the West Philippine Sea, look kindly to the Philippines.” Duterte’s trip to China caught the national attention as the country was waiting for the decision of the International Criminal Court on the appeal of the Marcos administration to block its investigation into the former president’s controversial war on drugs which killed thousands of suspected drug personalities. Asked whether the Department of Foreign Affairs was aware of Duterte’s trip to China, the agency said it “had no official information on the visit of the former president to China.” Marcos, however, clarified that Duterte’s trip to China was “not a surprise.” During his term, Duterte veered away from the Philippines’ traditional ally – the United States -- and developed warmer ties with America’s rival, China. The post Duterte as special envoy to China: ‘Why not?’ Zubiri says appeared first on Daily Tribune......»»
Lotilla: Regulators easing power rates
Government regulators are thoroughly reviewing existing power supply contracts to amend provisions that would help lower electricity prices, especially in off-grid areas where consumers have been reeling from spiking power rates. “We can assure our consumers that the Energy Regulatory Commission is reviewing all the power supply contracts as well as the policies that we have to lay down to bring down the rates,” Energy Secretary Raphael Perpetuo Lotilla said in an interview on Straight Talk, the online show of Daily Tribune. He said: “We have made the policy decision not to subsidize electricity. So we cannot just tell the distributor or even our people that prices are going to drastically go down. We are still dependent on imported fuel.” The Department of Energy, he said, is carefully studying Republic Act 9136, the Electric Power Industry Reform Act of 2001, or EPIRA, to ensure that the more than two-decades-old law can keep up with the changing energy landscape while upholding the interest of the consumers. Energy mix Lotilla said the EPIRA amendments can be related to the ERC’s powers and the penalties it may impose and the Philippine Competition Commission’s powers relative to the energy sector. “It’s important to clarify where the lines of defense lie. The first line of defense is with the electric cooperative itself and therefore as consumers and members of the electric cooperative, our consumers must take an active role in the management of the electric cooperatives,” he said. The EPIRA, passed during the time of former President Gloria Macapagal Arroyo, mandates ERC and PCC to promote competition, encourage market development, ensure consumer choice, and penalize abuse of market power in the restructured electricity industry. The law also promotes competition by creating a level playing field, among other things, in the competitive retail electricity market. The government has been exploring ways to lower the prices of power in the provinces, which are mostly controlled by electric cooperatives. One of the solutions that has been on the table is the development of nuclear power, particularly the potential deployment of small modular reactors or SMRs on small islands that are not yet connected to the main grid. Early this week, Manila Electric Co., or Meralco, the country’s largest power distributor, signified its plan to tap an American partner to jointly explore the country’s potential to develop nuclear energy as a viable power source. Meralco chairman and chief executive officer Manuel V. Pangilinan, in an interview with reporters, said the company recently signed a non-disclosure agreement with an American firm with expertise in nuclear development. However, Pangilinan noted that since nuclear energy requires a new technology, it would be “at least five years away from commercial production.” Last year, Meralco sought a United States Trade and Development Agency grant to generate additional funding to bankroll a feasibility study on nuclear energy. The government has been supportive of the exploration of nuclear power as an energy source in line with the global push to reduce fossil fuel use due to its hazardous carbon emissions. According to Lotilla, the government would need the support of Congress to ratify a law that would help jumpstart the integration of nuclear power into the country’s energy mix. Pending the passage of the law, the DoE and all other government agencies concerned are actively looking for possible sites where a nuclear power plant can be built, he added. The post Lotilla: Regulators easing power rates appeared first on Daily Tribune......»»
Cebu’s National Museum inaugurated
President Ferdinand Marcos Jr. underscored the importance of museums in preserving and promoting a nation’s cultural heritage as he led the inauguration of the National Museum of the Philippines in Cebu City on Friday. The President stressed that museums can help people understand the past, appreciate the present, and build a better future. “Every country, a young country such as the Philippines, has to find its identity,” said Marcos. “And we need to answer the question; if we are to unite together, we need to answer the question: What does it mean to be Filipino?” He added that museums “shine a very, very strong light on where Filipinos came from, what we had done since, and what is the trend, where are we headed” as pointed out that the exhibits would attract the interest of museum-goers. Marcos also urged local and foreign visitors to include the NMP Cebu in their itinerary whenever they visit the province and encouraged his fellow government officials to support the initiatives of the NMP. “Let us persuade the local and foreign visitors alike to include the NMP Cebu in their itinerary whenever they visit our beautiful country and this vibrant, ancient province,” Marcos said. “That is also ensured that our cultural institutions and establishments are accessible to Filipinos from all walks of life.” The President said that it might require around a week of going to the museum religiously before one ultimately sees all the exhibits. From being a customs building to Malacañang sa Sugbo, one of Cebu City’s architectural treasures has been transformed into a National Museum which will be open to the public for free starting 1 August 2023 from 9 a.m. to 5 p.m. and Tuesdays to Sundays. It will feature exhibitions that capture the Cebuano spirit and heritage, including the island’s rich and diverse biodiversity, geology, archeological treasures, art, and ethnographic and maritime traditions. NMP-Cebu said this would host a special exhibition featuring artworks from the Philippine Center in New York and will soon feature artworks by Cebu master Martino Abellana. Aside from the five galleries, the National Museum will be boasted a lobby and reception hall featuring arts by Cebuanos with Cebuano culture and history, a terrace, a courtyard, and the NMP’s first-ever regional Museum shop. In 1910, Architect William Parsons designed and built the Customs (Aduana) building. It served its purpose as the old Customs house for 94 years and even survived the World War II bombings. In 2004, President Gloria Macapagal-Arroyo converted it into Malacañang sa Sugbo to bring the national government closer to the people in the region. The building was closed in 2013 due to a 7.1-magnitude earthquake. In 2019, the Old Customs House was declared a National Cultural Treasure. And in December of the same year, NMP was given the right to convert it into the National Museum- Central Visayas Regional Museum. With RICO MIRASOL OSMEñA The post Cebu’s National Museum inaugurated appeared first on Daily Tribune......»»
Risa slams Cayetano for blocking WPS reso
Senator Risa Hontiveros on Thursday said Senator Alan Peter Cayetano’s move to oppose the adoption of a resolution urging the Department of Foreign Affairs to elevate China’s harassment in the West Philippine Sea in the United Nations General Assembly was “not completely surprising.” In a television interview, Hontiveros, who authored the resolution, said Cayetano’s actions during Wednesday’s session were expected. “When I saw that Senator Cayetano stood up, I wasn’t completely surprised because this is not the first time that he did not support pressing the case against China,” she said. “Our resolution is very simple. It is expressing the sense of the Senate to urge the Philippine government through the Department of Foreign Affairs to sponsor a resolution in the UNGA calling on China to respect and to comply with that Hague ruling, and to cease and desist from her harassment of Philippine vessels in the West Philippine Sea,” she added. During the period of interpellation on the resolution, Cayetano argued that urging the DFA to bring the WPS issue to the UNGA without consulting President Ferdinand Marcos Jr. on the matter may “not be the best strategy.” “We should strengthen the position of the country. I disagree with the president on some issues. I might disagree with him on the China issue — how to deal with China,” Cayetano said. “But I do believe he was the one elected, and we should at least hear out his people — the national task force on the West Philippine Sea and the DFA — so that we know where we’re going,” he added. Citing overlapping claims with other Southeast Asian countries, he also questioned why the resolution is “limited only” to China. Hontiveros, however, lamented that the Senate resolution is just a “simple expression” of the Senate, as an independent institution, of “what we feel the Executive may further do.” She also clarified that the move was “not mutual” with any and all other political and diplomatic moves that the government should take. “Yes, it was a bit surprising, but then again, given his (Cayetano) history short of easing the Philippine foot on the gas pedal vis-a-vis China, I have to confess I wasn’t completely surprised,” she stressed. Cayetano took the helm at the DFA during the term of former President Rodrigo Duterte, who veered away from the United States, the country’s traditional ally, and developed warmer ties with China. ‘Huge humiliation’ For her part, Senator Imee Marcos, the eldest sister of the president, expressed concern about the move to bring the WPS issue to the UNGA. “We already have in hand the arbitral judgment, which is far more powerful and important,” Marcos said in an interview at the Kapihan sa Senado. The presidential sister also cautioned that the 2016 landmark victory of the Philippines against China at the Permanent Court of Arbitration may get weakened should the country lose in the voting at the UNGA. “Furthermore, I also worry that we may not generate the necessary votes. It’s a huge humiliation if we lose in the General Assembly,” she pointed out. ‘Confident’ Meanwhile, Senate President Juan Miguel “Migz” Zubiri, who co-sponsored the resolution on Wednesday, expressed his confidence that the upper chamber would still adopt it next week. “We are still confident that the Resolution will pass this week. As to whether we will retain the original wording, that remains to be seen,” Zubiri said in a separate statement. While senators differ on how to put forward the issue, he noted, that the Senate is “united” in the desire to “condemn the harassment and bullying of our fisherfolk and Coast Guard in the West Philippine Sea and ultimately, to enforce the 2016 arbitral award.” The post Risa slams Cayetano for blocking WPS reso appeared first on Daily Tribune......»»
Hontiveros hits Cayetano’s move against Senate reso on China harassment
Senator Risa Hontiveros on Thursday said Senator Alan Peter Cayetano’s move to oppose the adoption of a resolution urging the Department of Foreign Affairs to elevate China’s harassment in the West Philippine Sea to the United Nations General Assembly was “not completely surprising.” In a television interview, Hontiveros, who authored the resolution, said Cayetano’s actions during Wednesday’s session were expected. “When I saw that Sen. Cayetano stood up, I wasn’t completely surprised because this is not the first time that he did not support pressing the case against China,” she said. “Our resolution is very simple. It is expressing the sense of the Senate to urge the Philippine government through the Department of Foreign Affairs to sponsor a resolution in the UNGA calling on China to respect and to comply with that Hague ruling, and to cease and desist from her harassment of Philippine vessels in the West Philippine Sea,” she added. During the period of interpellation on the resolution, Cayetano argued that urging the DFA to bring the WPS issue to the UNGA without consulting President Ferdinand Marcos Jr. on the matter may “not be the best strategy.” “We should strengthen the position of the country. I disagree with the President on some issues. I might disagree with him on the China issue -- how to deal with China,” Cayetano said. "But I do believe he was the one elected, and we should at least hear out his people—the national task force on the West Philippine Sea and the DFA—so that we know where we’re going,” he added. Citing overlapping claims with other Southeast Asian countries, he also questioned why the resolution is “limited only” to China. Hontiveros, however, lamented that the Senate resolution is just a “simple expression” of the Senate, as an independent institution, of “what we feel the Executive may further do.” She also clarified that the move was “not mutual” with any and all other political and diplomatic moves that the government should take. “Yes, it was a bit surprising, but then again, given his (Cayetano) history sort of easing the Philippine foot on the gas pedal vis-a-vis China, I have to confess I wasn't completely surprised,” she stressed. Cayetano took the helm at the DFA during the term of former President Rodrigo Duterte, who veered away from the United States, the country’s traditional ally, and developed warmer ties with China. ‘Huge humiliation’ For her part, Senator Imee Marcos, the eldest sister of the president, expressed concern about the move to bring the WPS issue to the UNGA. “We already have in hand the arbitral judgment, which is far more powerful and important,” Marcos said in an interview at the Kapihan sa Senado. The presidential sister also cautioned that the 2016 landmark victory of the Philippines against China at the Permanent Court of Arbitration may get weakened should the country lose in the voting at the UNGA. “Furthermore, I also worry that we may not generate the necessary votes. It’s a huge humiliation if we lose in the General Assembly,” she pointed out. ‘Confident’ Meanwhile, Senate President Juan Miguel “Migz” Zubiri, who co-sponsored the resolution on Wednesday, expressed his confidence that the upper chamber would still adopt it next week. “We are still confident that the Resolution will pass this week. As to whether we will retain the original wording, that remains to be seen,” Zubiri said in a separate statement. While senators differ on how to put forward the issue, Zubiri said the Senate is “united” in the desire to “condemn the harassment and bullying of our fisherfolk and Coast Guard in the West Philippine Sea and ultimately, to enforce the 2016 arbitral award.” “That said, the Senate is a deliberative body whose members are open to discussion and reasonable compromise,” he said. “We are confident that we can come up with a wording of the Resolution that will meet our common desire while addressing the concerns of all the members of the Senate,” he added. During Wednesday’s session, the Senate chief instructed Senate Secretary Renato Bantug to invite DFA Secretary Enrique Manalo, Presidential Adviser on the West Philippine Sea Andres Centino and the National Intelligence Coordinating Agency to an executive session next week. “We will meet with the DFA, the Task Force on the West Philippine Sea and the NICA to hear their concerns,” he said. The post Hontiveros hits Cayetano’s move against Senate reso on China harassment appeared first on Daily Tribune......»»
US envoy Kerry heads to China to restart climate talks
US climate envoy John Kerry will head to China on Sunday to meet with his counterpart Xie Zhenhua and restart stalled talks between the world's two biggest emitters of planet-warming gases. Kerry's trip to China -- his third as President Joe Biden's climate emissary -- follows weeks of record-setting summer heat that scientists say is being exacerbated by climate change. Bilateral climate talks stalled last year after Nancy Pelosi, then speaker of the US House of Representatives visited self-ruled Taiwan and infuriated Beijing, which considers the island its territory. But Kerry, a former secretary of state, has enjoyed comparatively cordial and consistent relations with China despite Washington and Beijing locking horns over Taiwan and a number of other thorny issues, including advanced semiconductors. His trip to Beijing also comes after two other high-profile visits by US officials -- first Secretary of State Antony Blinken, then Treasury Secretary Janet Yellen -- aimed at stabilizing US-China ties. Kerry was scheduled to depart for China on Saturday, according to the US State Department. The Biden administration has identified climate as an area for potential cooperation with Beijing, despite the tensions elsewhere. The restart of US-China climate talks will come on the heels of the hottest week on record globally, according to the World Meteorological Organization. June was already the hottest ever logged, according to US and European agencies. Kerry will aim to use his time in Beijing to engage with Chinese officials "with respect to increasing implementation and ambition and promoting a successful COP28", the State Department said, referring to the UN climate talks in November. Nearly 200 nations will gather in the United Arab Emirates for COP28 to thrash out ways to mitigate global warming and its impacts. Energy constraints As the leading producer of greenhouse gases driving climate change, China has pledged to peak carbon emissions by 2030 and achieve complete carbon neutrality by 2060. President Xi Jinping has also said that the country will reduce its use of coal from 2026. But in April, China approved a major surge in coal power -- a move Greenpeace said prioritized energy supply over the emissions reduction pledge -- fuelling concerns that Beijing will struggle to meet its ambitious targets. "There are a number of factors that constrain the hands of energy planners in Beijing at the moment," Byford Tsang, a senior policy adviser at the climate-focused think tank E3G, told AFP. They include economic fallout from Russia's invasion of Ukraine, which has led to major disruptions in the global gas market, and reduced hydropower capacity in China due to severe droughts in recent years, Tsang said. Last summer, millions of people in southwest China faced rolling power cuts after crushing heatwaves led to an electricity supply crunch that forced factories to halt work, heightening domestic concerns over energy security. "I think it would be politically challenging for China to take a step forward on coal policy at this stage," added Tsang. During his visit, Kerry is also expected to bring up international climate finance efforts, following calls by Yellen during her Beijing trip for China to play a larger role. Kerry's trip will be closely watched in Washington after Republican lawmakers characterized it as him flying a carbon-spewing private jet halfway across the world to discuss climate with a political adversary. The post US envoy Kerry heads to China to restart climate talks appeared first on Daily Tribune......»»
Avel: A Book, A Fashion Show, A Filipino Designer
BY JOJO G. SILVESTRE Whether one refers to the book, the fashion show or the Filipino designer who takes center stage on the first two, there is no mistaking the message — Philippine textile, woven and embroidered, at their best. In all three, there is another common denominator — the support and patronage of the First Lady, Liza Araneta Marcos. [caption id="attachment_147815" align="aligncenter" width="525"] FIRST Lady Liza Araneta-Marcos with designer Avel Bacudio.[/caption] [caption id="attachment_147821" align="aligncenter" width="525"] First Lady Liza Araneta-Marcos with the author.[/caption] [caption id="attachment_147818" align="aligncenter" width="525"] BIANCA Zobel and Dina Arroyo-Tantoco of the Office of the Social Secretary with Avel Bacudio.[/caption] [caption id="attachment_147824" align="aligncenter" width="525"] THE designer with Grace Bernardo Chan.[/caption] The fashion show that was recently held at the Goldenberg Museum, under the auspices of the Office of the First Lady, with the Office of the Social Secretary providing a multi-faceted back-up, was a spectacle in black and white as interpreted by Avel Bacudio whose creations paid tribute to the handiwork of Filipino artisans all over the country. Each piece of clothing modeled by legislators and cabinet secretaries, their wives, key officials of the executive branch, and scions of political families, all clients of Avel, manifested the virtuosity of the iconic designer who chose to downplay extravagance and over-the-top ornamentation by focusing on well-defined structure, casual elegance, comfortability and versatility, the last allowing the wearers to mix and match to suit the occasion. [caption id="attachment_147820" align="aligncenter" width="525"] DOT Secretary Christina Garcia-Frasco and Deputy Speaker Duke Frasco.[/caption] [caption id="attachment_147816" align="aligncenter" width="525"] ACTOR-MODEL Jerome Ponce and Cong. Linabelle Villarica, 4th District of Bulacan.[/caption] [caption id="attachment_147822" align="aligncenter" width="525"] KATRINA Ponce Enrile, Administrator, Cagayan Economic Zone Authority.[/caption] Goldenberg Mansion, in all its splendor, served as a fitting yet contrasting backdrop to Avel’s functionality, simplicity and orderly geometric configurations. The book, Avel, Ladies in the Palace, quotes the Bicolano designer who laments, “The local weavers and their craft are dying out and they are unable to pass it on to the next generation. This is where I found the passion to do what I can, as a designer, to help this craft alive.” His intention looks beyond the communities where these beautiful fabrics originate and reveals his deep longing to present the best of Filipino craftsmanship to the international community. He admits to being “challenged to bring their weaves into the modern world but going beyond the ordinary. I turned my focus towards elevating them into pieces worthy of the global stage while still paying tribute to their stories and the craft.” On his part, Ilocos Norte Representative Sandro Marcos, who supported the book project, describes Avel as “a highly accomplished and extraordinary fashion designer.” He enumerates his distinctions, namely, “more than 20 years of successful career; extensive and impressive client list; and numerous awards including Metro Magazine’s 2012 Breakthrough Designer and Asia’s Most Influential Designer in 2014 at the Mercedes-Benz Style Fashion Week in Malaysia.” [caption id="attachment_147825" align="aligncenter" width="452"] Yeye Vivas, Chief of Staff of Congressman Sandro Marcos.[/caption] [caption id="attachment_147814" align="aligncenter" width="525"] PCOO Secretary Cheloy Velicaria-Garafil.[/caption] [caption id="attachment_147823" align="aligncenter" width="525"] Marga Montemayor Nograles, COO, Tourism Promotions Board.[/caption] [caption id="attachment_147819" align="aligncenter" width="377"] CONGRESSMAN Migz Villafuerte, 5th District of Camarines Sur.[/caption] On these pages are Avel’s creations as modeled by dazzling personalities in government and society, as well as the personal choices of guests, celebrities and achievers too, and Malacanang insiders from their respective closets. Fittingly, everyone arrived in their black and white outfits, eager and ready to be impressed by what the designer had been up to in the past months. Avel Bacudio did not disappoint them. [caption id="attachment_147826" align="aligncenter" width="525"] XAVIER Tengco[/caption] [caption id="attachment_147835" align="aligncenter" width="525"] DILG Secretary Benhur Abalos Jr. and Vice Mayor Menchie Abalos.[/caption] [caption id="attachment_147817" align="aligncenter" width="641"] Atty. Joeie Domingo, Undersecretary, Special Assistant to the President.[/caption] The post Avel: A Book, A Fashion Show, A Filipino Designer appeared first on Daily Tribune......»»
Visayan growth
This piece is being written as I traverse the Visayan region which is carrying greater prospects for future economic growth. For the past months, I’ve written on Mindanao and Central Luzon and how these regions have experienced rapid development thanks to the nationally elected political leaders who hail from their provinces, Vice President Sara Duterte and the former president now Deputy Speaker Gloria Macapagal-Arroyo, respectively. At times neglected in the discussions is the Visayas region. This time around, I was able to spend time in Iloilo and Cebu – both highly urbanized regional growth areas outside of Metro Manila. Iloilo is a wonderful city as it exists harmoniously with its bodies of water. Esplanades and walkways allow everyone to enjoy the river, which serves as a leisure area, transportation hub, and entry for goods, which is quite uncommon in the Philippines. Usually, Philippine rivers are either for people or for goods, not both, since our rivers are easily polluted. But in Iloilo, as well as neighboring Guimaras, their rivers bring life to the province. The only eyesore in Iloilo would be the “sinking” Ungka flyover located in Pavia. This project cost the government P680 million but it was closed shortly after it opened because motorists experienced a “wavy” sensation while driving on it. It was later learned that some of its pillars were sinking at the rate of two centimeters per day. A study showed it would take an estimated P250 million to repair the flyover and make it safely usable to the public. One reason to be excited about Iloilo should be the proposed revival of the Panay Railway, which was mentioned by President Bongbong Marcos Jr. in his SoNA last year and included in the Infrastructure Flagship Projects approved by NEDA. On this trip, I learned that Panay used to have a working railway that connected Iloilo City to Roxas City, and that plans for its revival would further connect Iloilo to Caticlan thus, the resort island of Boracay. Imagine having tourists land in Boracay, spend a few days there, then take a train to Iloilo where they would further be immersed in Philippine culture in one of the oldest cities of the country. Cebu is an established gem of a city, with traffic nearing Manila levels. Walking around Cebu feels like being in Alabang or BGC. One thing missing in Cebu is tollways to connect its cities and municipalities. This may change soon with the inclusion of the Metro Cebu Expressway in the NEDA-approved IFPs. The 72-kilometer project, once completed, will connect Naga City to Danao City, cutting travel time from three hours to 50 minutes. The project was started years ago, but only a reported five kilometers of it have been finished so far due to lack of funding. At this rate of budget allocation, it will take 20 years to finish it. Now, the project will continue and be finished sooner via a PPP arrangement after Metro Pacific Tollways Corp. — the same company that built the iconic Cebu Cordova Link Expressway bridge — has expressed interest in it. Whenever I visit Cebu, it seems that a major development had taken place. This time was no different. Even in Iloilo, there are new buildings erected almost monthly. One notable building is the 14-story Stronghold Insurance Building in Mandurriao, Iloilo City, an area surrounded by Ayala, SM, Vista Land, and Megaworld developments. As this Administration has heralded, this time the purpose is to “Build, Better, More” for the benefit of all Filipinos nationwide. For comments, email him at darren.dejesus@gmail.com. The post Visayan growth appeared first on Daily Tribune......»»
Thai giant eyes $2.5-B project
Agro-industrial and food conglomerate, Charoen Pokphand Group, headquartered in Thailand, is set to pour in $2.5 billion in a project to benefit the agricultural sector. This was confirmed by the company’s officials after paying a courtesy call with President Ferdinand “Bongbong” Marcos Jr., Trade Secretary Alfredo Pascual, House Speaker Martin Romualdez, Executive Secretary Lucas Bersamin, Special Assistant to the President Anton Lagdameo, and Pampanga Representative Gloria Macapagal-Arroyo, among others in Malacañang on 30 May. “We welcome this potential investment from CP Group as this will boost our economic recovery initiatives, generating more economic activities and employment opportunities for our people. This is an outcome of the President’s visit to Thailand in November last year. There, they have committed to expanding their operations in the country, and now it’s happening,” Pascual said in the occasion. In 2022, Thailand, where CP Group is based, was the country’s 8th major trading partner, 6th export market, and 7th import supplier. Charoen Pokphand Group Co., Ltd is primarily dedicated to enhancing and developing the quality of life of the people in Thailand and communities around the world. Agro-based operations Their operations in Bangkok involve a wide array of businesses such as agro-industry and food, retail and distribution, telecommunications, e-commerce and digital, pharmaceuticals, finance and investment, automotive and industrial products, and property development. During the meeting, CP executives and public sector representatives discussed business integration, particularly food, aquaculture and livestock activities in the Philippines, anchored on their pledge to invest in and help improve aquaculture, rice, and swine production in the Philippines in order to support the development of the country’s agrifood value chain. The Charoen Pokphand Foods Philippines Corporation, or CPFPC, a subsidiary of Charoen Pokphand Foods Public Company Limited is considered as the most significant Thai investment in Philippine Agriculture. In 2022, a memorandum of agreement was signed by CPF in partnership with the Department of Agriculture and Land Bank of the Philippines to support poultry, aquaculture, and hog farming business expansion. Currently, CPFPC has three Board of Investment registrations also focusing on agricultural projects. “With science, technology, and innovation as our core strategy in the country’s industrial transformation, we are excited and optimistic about this investment from CP Group as it will not only bring in new technology in the agricultural sector but at the same time increase the quality of their products and productivity level. We hope that this investment will boost our efforts to integrate the agricultural industry into the global value chain,” Pascual added. The post Thai giant eyes $2.5-B project appeared first on Daily Tribune......»»
No state pension funds in MIF
President Ferdinand Marcos Jr. on Wednesday assured the public the national government will not use state pension funds Social Security System and Government Service Insurance System as “seed funds” to finance the proposed Maharlika Investment Fund. The Chief Executive made the assurance in an interview with reporters at the 86th-anniversary celebration of GSIS, hours after the Senate passed Senate Bill 2020 creating the MIF. The Senate approved the controversial sovereign fund bill, voting 19-1-1 at around 2:30 in the morning of Wednesday following 12 hours of deliberations. Marcos explained, however, that the pension funds themselves could invest in the proposed sovereign wealth fund if they believe it is a “good investment.” “We will not use it as a seed fund. However, if a pension fund decides the Maharlika Fund is a good investment, it’s up to them if they want to invest in it, not only pension funds but corporations,” Marcos said. “Those funds, that’s all they do, they grow their money so they have something to give,” Marcos added. Marcos said this is what GSIS has been doing. He said GSIS makes sure that “they are very solid (and) that they are very stable” so that they could give out all the payments (to its members). “We have to differentiate those two things,” he added. In a separate interview, GSIS president Jose Arnulfo “Wick” Veloso said they would abide by the lawmakers’ decision regarding the MIF. “I don’t have any idea about what other discussions are happening about those things. We will only do one thing, whatever the decision of the lawmakers is because they listen to our people, whatever they want, that’s what we will follow,” Veloso told reporters. “So we are just guided by the direction that is given to us,” he added. Unanimous approval During Tuesday’s plenary session which ran until early Wednesday, senators unanimously approved the fund measure shortly after it was approved on second reading. A total of 19 senators voted in favor of the passage of the Maharlika bill, while only one senator voted against it and one abstained. Senate Deputy Minority Leader Risa Hontiveros objected to the measure while Senator Nancy Binay abstained from voting. Senators Aquilino Pimentel III and Imee Marcos, who also opposed the measure, were not present. During the period of individual amendments, senators introduced several changes to the proposed Maharlika Investment Fund, including a ban on government financial institutions such as the SSS, GSIS, Philippine Health Insurance Corporation, OWWA Fund, Philippine Veterans Affairs Pension Fund, Office Pension Fund, and other government social welfare entities investing in the sovereign wealth fund. The amendment, which was introduced by Senator Raffy Tulfo, was accepted by Senator Mark Villar, the principal author, and sponsor of the measure. With the approval of the measure in the Upper Chamber, the Maharlika bill is now closer to enrollment for the President’s signature. Senate President Juan Miguel Zubiri designated Senators Villar, Pia Cayetano, Ronald “Bato” dela Rosa, Francis Tolentino and Senate Minority Leader Aquilino “Koko” Pimentel III as the Senate contingent to the bicameral conference committee. Contingents from both the House of Representatives and Senate are to convene at 11 a.m. today to reconcile the disagreeing provisions in their respective versions of the Maharlika bill. Economic team lauds Senate Meanwhile, Marcos’ economic team lauded the Senate for passing the Maharlika Investment Fund. “The economic team commends Senate President Miguel Zubiri and Senator Mark Villar for their thorough deliberation and prioritization of the proposed Maharlika Investment Fund Act,” Finance Secretary Benjamin Diokno said. “The Senate leadership pulled out all the stops to ensure that the bill we bring to the President reflects the administration’s objective of creating a profitable and secure investment fund,” he added. The bill’s speedy approval was backed by Diokno, Executive Secretary Lucas Bersamin, Budget Secretary Amenah Pangandaman, Socioeconomic Planning Secretary Arsenio Balisacan and Bangko Sentral ng Pilipinas Governor Felipe M. Medalla, who were all present during the prolonged Senate session. Budget Secretary Pangandaman, for her part, said the Senate’s version of the MIF has “multiple” safeguards against potential misuse. “This is a great stride towards our long-term progress and will boost our efforts for economic growth,” Pangandaman said. “This includes multiple safeguards — we have an audit committee, there’s an advisory board, and there’s a congressional oversight committee. It adheres to the internationally known Santiago principles, there’s the (Commission on Audit), and it has (a) procurement law, so I think we have enough safeguards,” she added. She highlighted potential financial resources from the Land Bank of the Philippines, the Development Bank of the Philippines, the Philippine Amusement and Gaming Corporation, central bank dividends, and income from privatization. @tribunephl_tiz @tribunephl_jom The post No state pension funds in MIF appeared first on Daily Tribune......»»