Church seeks expanded capacity for activities
Catholic Church officials are asking the government to expand the allowed capacity for religious events after last month’s Feast of the Black Nazarene apparently disproved fears that large gatherings of the faithful would cause a spike in COVID-19 cases......»»
Church seeks increased capacity for Simbang Gabi
Officials of the Catholic Church have renewed their appeal to the Inter-Agency Task Force for the Management of Emerging Infectious Diseases to increase capacity for religious activities, especially for the Simbang Gabi or pre-dawn mass......»»
IATF eases restrictions on gatherings, sports
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) has further eased community quarantine restrictions by allowing a number of activities to resume in a limited capacity. “For those who want to worship or go to church, religious gatherings are now allowed, but [only] up to 10 percent. This will be effective […] The post IATF eases restrictions on gatherings, sports appeared first on Cebu Daily News......»»
PMPI joins Church and CSOs in Samar, calls for a Stop of Mining in all Samar Islands
A Stop to Mining call reverberated in Guiuan, Eastern Samar on January 20, 2024, with thousands of people from different parts of Samar and Leyte converging at the Immaculate Concepcion Church in Guiuan to express their sentiments against the destructive activities of mining on the island of Samar.Spearheaded by the three (3) Dioceses of Samar, together with the support of the Philippine Misereor Partnership and.....»»
PMPI joins Church and CSOs in Samar, calls for a Stop of Mining in all Samar Islands
A Stop to Mining call reverberated in Guiuan, Eastern Samar on January 20, 2024, with thousands of people from different parts of Samar and Leyte converging at the Immaculate Concepcion Church in Guiuan to express their sentiments against the destructive activities of mining on the island of Samar.Spearheaded by the three (3) Dioceses of Samar, together with the support of the Philippine Misereor Partnership and.....»»
Empowering PH exporters toward global excellence
The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), Export Development Council (EDC), and the Philippine Exporters Confederation, Inc. (Philexport) will be organizing the National Exporters' Week (NEW) from December 4 to 7, 2023. This annual event aims to showcase the Philippines as a strong player in the global export market. The highlight of the week will be the National Export Congress (NEC), which will focus on establishing the Philippines as a leading exporter of high-value products and services by 2028. The event will also include various activities such as capacity building workshops, partnership conferences, design thinking masterclasses, and exhibitions to promote and support Philippine exporters. The theme for NEW 2023 is Agile Philippines: Empowering Exporters towards Global Excellence, emphasizing the need for exporters to be adaptable and resilient in a volatile world. The event will be live-streamed on social media platforms......»»
N.Korea tells UN that satellite launch was self-defense
North Korea told the UN Security Council on Monday that its launch of a spy satellite was legitimate self-defense, rejecting denunciations led by the United States. Western powers, Japan and South Korea said North Korea violated Security Council resolutions by launching last week's satellite, which the totalitarian state said has already provided images of major US and South Korea military sites. In a rare appearance at the Security Council, North Korea's ambassador to the United Nations, Kim Song, complained that other countries faced no restrictions on satellites. "No other nation in the world is in the security environment as critical as the DPRK," said Kim, using the North's official name, the Democratic People's Republic of Korea. "One belligerent party, the United States, is threatening us with a nuclear weapon," he said. "It is a legitimate right for the DPRK as another belligerent party to develop, test, manufacture and possess weapons systems equivalent to those that the United States possesses or is developing." He mocked US charges that satellite technology also helped North Korea hone its missile capacity, questioning whether the United States put satellites into orbit "with a catapult." The US ambassador, Linda Thomas-Greenfield, rejected North Korea's assertion it was acting in self-defense and said that joint US-South Korean exercises were "routine" and "defensive in nature." "We intentionally reduce risk and pursue transparency by announcing the exercises in advance including the dates and the activities, unlike the DPRK," she said, adding that the drills did not violate Security Council resolutions. South Korea's spy agency said that Russia, eager for assistance in Ukraine, helped North Korea on the satellite following a summit between Kim and President Vladimir Putin. The United States said last month that North Korea has delivered more than 1,000 containers of military equipment and munitions to Russia. Russia and China, North Korea's main ally, have put forward a resolution, opposed by the United States, to ease sanctions on Pyongyang as part of an effort to encourage dialogue. Chinese envoy Geng Shuang accused the United States of "further aggravating tension and confrontation" through its military alliance with South Korea. "If the DPRK constantly feels threatened, and its legitimate security concerns remain unresolved, the peninsula will not be able to get out of the security dilemma and only be caught in a vicious cycle of tit-for-tat aggressive moves," he said......»»
Care in the neighborhood
Aboitiz Land led a coastal cleanup at Seafront Residences earlier this month to underscore its unwavering commitment to marine-life conservation. The initiative aimed to not only clean the coastline but also to gather valuable information for future efforts. This data will contribute to a more targeted and sustainable approach in the conservation of marine life. Capacity development programs and information, education, and communication activities were also implemented to promote environmental responsibility among participants. The event brought together a diverse group, including members from partnering organizations, Seafront Residences homeowners, and key institutions like the Philippine National Police, Bureau of Fire Protection, Philippine Coast Guard, Philippine Coast Guard auxiliary, local barangay, Municipal Environment and Natural Resources Office, municipal administrator and the Department of Education. Nestled at the core of Seafront Residences lies the Pawikan Nature Reserve, designated as a critical nesting site for endangered pawikans. Upholding the cleanliness of these coastal regions is integral to ensuring the preservation of the pawikans’ natural habitat. Ongoing initiatives, including regular coastal cleanups, are set to continue in the coming years, ensuring the sustained protection of both the pawikans and their coastal habitats. The steadfast dedication of Aboitiz Land at Seafront Residences not only enhances the coastal biodiversity but also sets an inspiring example for coastal communities across the Philippines. This approach highlights Seafront Residences’ significant role in coastal cleanup and the protection of endangered pawikans, reflecting Aboitiz Land’s commitment to environmental sustainability and care for both human and marine life. Aboitiz Land’s environmental conservation efforts at Seafront Residences have been recognized with the prestigious Silver Award in the Environmental Category at the FIABCI Philippines Property and Real Estate Excellence Awards 2022. The post Care in the neighborhood appeared first on Daily Tribune......»»
5 climate change adaptation projects worth P540.3M given the nod
The People’s Survival Fund Board approved at least five climate change adaptation projects, endorsed by the Climate Change Commission amounting to P540.3 million, geared toward increasing the adaptive capacity of local government units to climate change adaptation. Robert E.A. Borje, the CCC Vice-chairperson and executive director, welcomed the latest development in the country’s fight against climate change. “The PSF Board’s approval of these five projects signals a pivotal message on the value of advancing adaptation measures at the local and community level, especially at a time when risks and challenges posed by climate change demand immediate and urgent actions,” he underscored. Borje cited Finance Secretary Benjamin Diokno, the PSF board chairperson, for his leadership and commitment to advancing the objectives of the survival funds. “I also thanked the PSF Board members for their sustained effort and collaboration throughout the review and evaluation, and field validation exercises, which led to CCC endorsement and PSF Board’s project approvals,” he said. The submissions of LGUs from the PSF Board-issued Call for Proposals from February to April 2023 are included in the five projects. Borje said adaptation interventions to be implemented by LGUs include the establishment of climate field schools for farmers, flood protection, river ecosystem management, installation of solar-powered pumps, and mangrove rehabilitation. “With the benefits to be provided by these projects, the PSF will be able to demonstrate effective and sustainable practices on local climate actions, championing the resilience of the most vulnerable sectors to climate change,” he added. The PSF Board approved a Php 2-million Project Development Grant or PDG for the Municipality of Besao, Mountain Province to undertake project preparatory activities such as hydrological and geotechnical studies to establish the rationale of the LGU’s adaptation intervention. The projects’ approval enabled 17 LGUs to receive support from the PSF and its PDG. Among the previously approved projects are from Lanuza, Surigao del Sur; Kitcharao, Agusan del Norte; Gerona, Tarlac; Del Carmen, Surigao del Norte; Sarangani Province; and San Francisco, Camotes Island, Cebu. Borje noted that the CCC, in coordination with the Department of Finance, is working on further streamlining the accession of PSF through enhancement of the processes entailed by project proposals from submission until the approval stage. The PSF was institutionalized in 2012, through the Republic Act 10174, which amends the Climate Change Act of 2009—to include the provision of long-term finance streams to enable the government to effectively address the problem of climate change. It aims to enhance the resilience of communities and ecosystems to climate change. The CCC is likewise mandated to conduct the Climate Rationale Review and Evaluation or CRRE of project proposals submitted for PSF, convening the National Panel of Technical Experts to look into the climate rationale of projects. The CRRE process takes into consideration the historical and present data, ensuring that projects are fit-for-purpose and responsive to specific climate risks and vulnerabilities of an LGU. The post 5 climate change adaptation projects worth P540.3M given the nod appeared first on Daily Tribune......»»
Philippines donates $30,000 to global maritime body
The Philippines has donated $30,000 to the International Maritime Organization to help in funding its capacity-building activities for the safety and security of seafarers and their ships......»»
Ginggay Hontiveros-Malvar: Scaling the realms of social responsibility
There is something quite riveting about Ana Margarita “Ginggay” Hontiveros-Malvar. Her gaze direct, her rhetoric fluid, she shares stories of immersing in conflict areas, of being in Leyte post-“Yolanda” and in Marawi post-violence, and within the same conversation, of her corporate hat within the “power, banking, food, land and infrastructure sectors.” Not so much as a vein mars her refined features. If not for those eyes, which reveal a depth of thought and feeling, hers would likely be a face some might take as just another classic beauty. Then again, her relationship with similarly strong-minded women cannot be discounted. She says, from the get-go, that she would rather not talk about herself or her sisters (Risa, the senator, and Pia, the broadcast news personality). Unlike them, she took the private route, but now unwittingly finds herself in the limelight. The Aboitiz Group, for which she handles a vital role, has many exciting things to share, Ginggay says. Smiling, she proceeds to rattle off some of these pillars — in education (“to create future leaders” who are solutions-oriented), in climate action and in enterprise and jobs. “For over 35 years, we’ve delivered probably over 5,000 CSR (corporate social responsibility) projects, spread over all the business units all over the Philippines. We’ve partnered with something like 600,000 individuals and organizations and we’ve invested the amount of P5.1 billion in all these different programs. We’re trying now to reevaluate what it is that’s next for Aboitiz Foundation, and then how we can serve our stakeholders better, and what are some of the things that we want to scale. Maybe to create a bigger impact in the country, help the country more, I think is what we want to do.” In the pipeline toward this goal of creating a bigger impact on development, Aboitiz Foundation is seeking more collaboration — “more conversations between organizations that are doing a lot of work already here in the country, and probably having a stronger voice and then putting that voice out there,” she enthuses. Clearly, Ginggay is in her element in the world she inhabits — at the heart of an “old legacy conglomerate,” her words, that now sees the need to transform along with the climactic times. “I lead a department called Reputation Management. We cover brands, media, corporate communications, sustainability — the ESG (environmental, social and governance) journey for the Aboitiz Group. We provide strategy, direction, governance and then very recently, just this year, we have our CSR arm which is called Aboitiz Foundation. It was recently also placed under us. Because at the end of the day, Aboitiz Foundation is like the big ‘S’ in our ESG — it’s really all about the social impact, the social good that we want to continue,” Ginggay tells the DAILY TRIBUNE in an interview on Pairfect. Ginggay is currently vice president for Reputation Management and Sustainability at Aboitiz Equity Ventures Inc., a holding company of the Aboitiz Group. For the Aboitiz Foundation, meanwhile, she works to help “scale its impactful programs for systemic change.” The mother of two is also communications lead for the Philippines’ Private Sector Advisory Council and team leader for APEC Business Advisory Council, which are areas where the visionary leader, Aboitiz Group chief executive officer Sabin Aboitiz, holds key roles. Grateful her children are adults now, Ginggay keeps her nurturing side on overdrive with her current responsibilities. “Aboitiz is a group,” she emphasizes. “And as a family of organizations, our priority has always been about people. That’s always been our passion, whether it’s the well-being of our own employees or the well-being of communities where we have our businesses. It’s really always been about people. “We don’t feel it’s right that a business does well and then the community that it’s in doesn’t. It cannot be like that — it has to go hand in hand. So, we’ve always been like that. Very people-centric. I think what we’re trying to change now in our transformation or evolution is to see how can we use more of technology and innovation and balance it with our people-centric approach. So maybe we can be a little bit faster, be better, be more data-driven in the kinds of things that we’re doing,” she says. And has her heart always been in this kind of work — one she freely admits is demanding and sometimes even emotion-driven? “My dad was pretty laidback. And he usually let us do what we want to do as long as you know, like, please do well in school, and things like that,” Ginggay recalls. “My mom was very attentive to us and she just wanted to make sure that aside from doing well in studies, you also had to do well in something else. And then, very ingrained, I think, in our DNA, I think as a family also, is that aspect of service, whether it’s public service, or you know, just service in general — whether it’s to your community or to your family, or your immediate set of, I suppose, stakeholders. So, it’s almost been like part of my DNA or something like that, or probably my character as well.” With so much on her plate, and a daily grind that consists of steering various teams to ensure the conglomerate is moving toward its goals smoothly, Ginggay makes sure she takes time — even just 30 minutes a day, she says — disconnecting from it all and connecting with herself. “Our days are very fast — they are jam-packed with schedules, meetings, a lot of stakeholder engagement activities,” she says. “There’s a lot of collaboration also that goes on between our team and the rest of the business units in the Aboitiz Group, and then a lot of meetings as well with the board just to check in on directions and things like that. It’s very fast-paced. It’s very demanding. It takes a lot of time and I think a lot of commitment… and this is what I see from all our team leaders and team members — people are really passionate about what they do. I think that’s important.” For Ginggay, certainly, such passion is necessary to lead the company toward its goals including “delivering on communications and brand that are integral to the transformation of the group into the Philippines’ first techglomerate.” Techglomerate, she explains, “is a dream in Aboitiz Group, something that we have really been working hard on for the past few years. We kind of coined the term from ‘technology’ and ‘conglomerate,’ putting it together — and it is really about trying to be more technologically advanced but we also want to incubate exciting businesses which are more in the techspace or, say, data science. To incubate all these new companies and hopefully lead in certain industries… and I think at the end of the day we realized we have a much greater responsibility to the country.” And what’s next? “We realized that to stay ahead, we also need to transform… and I suppose that transformation should happen first and foremost at the level of the person. We’re also really focused on building a new kind of culture for the Aboitiz Group, still very much rooted in our core values of responsibility, innovation, teamwork, integrity. But now, probably trying to imbibe more of the behaviors like being more entrepreneurial, trying to be more articulate, being better storytellers, being more open to new things, being more data-driven in our decisions, you know, and a lot of other things that we’re trying to do in terms of helping to develop this new culture.” In her capacity as first vice president at Aboitiz, as well as in her other roles — senior adviser for Agripreneurship at Go Negosyo, for example — Ginggay keeps her “eye on the prize” no matter what challenges come along. This “multi-disciplined, results-oriented and multi-awarded leader,” as she is described in the Women of the Future, may prefer to keep herself below the radar, but Ginggay Hontiveros-Malvar will certainly not stay unnoticed. The post Ginggay Hontiveros-Malvar: Scaling the realms of social responsibility appeared first on Daily Tribune......»»
Escoto: BFAR’s WPS ops need added funding
The Bureau of Fisheries and Aquatic Resources, which has been conducting patrols with the Philippine Coast Guard in the West Philippine Sea, welcomes a proposal to reallocate confidential funds to the bureau. An agency of the Department of Agriculture, the BFAR, through its director, Atty. Demosthenes Escoto, said on Tuesday the added funding would significantly enhance its monitoring and surveillance efforts in the WPS. Escoto said that while the decision rests with Congress, he is grateful to lawmakers for considering the augmentation of BFAR’s funds. “We extend our heartfelt appreciation to the members of Congress advocating for additional funds for the DA-BFAR and other security agencies,” Escoto said. “This initiative would empower our agency to strengthen and enhance our monitoring, control, and surveillance activities in the WPS and other fishing grounds to ensure the sustainable use of our marine resources and safeguard the livelihoods of our fisherfolk,” he added. Utilizing its current assets, BFAR has been actively combating illegal, unregulated, and unreported fishing, a persistent threat in Philippine waters, Escoto said. He said the agency employs floating assets to monitor unlawful fishing activities and conduct resupply missions in collaboration with government agencies, particularly the PCG. Supply missions These missions provide essentials such as engine oil, drinking water, and ready-to-eat snacks to Filipino fisherfolk engaged in fishing activities in the WPS. This year, the DA-BFAR also launched the Livelihood Activities to Enhance Fisheries Yields and Economic Gains from the WPS, a livelihood project worth nearly P80 million. The program seeks to provide local fisherfolk with essential tools, knowledge, fishing gear and paraphernalia, and post-harvest training to help them fish more effectively in the WPS and reduce their post-harvest losses. Likewise, the DA-BFAR delivered last June almost P5 million worth of livelihood inputs and capacity-building programs to residents of Pag-asa Island in Kalayaan, Palawan, under the LAYAG-WPS project. The assistance included fiber-reinforced plastic boats, fish aggregating devices, rain catchers, and more. “The DA-BFAR respects the wisdom of our lawmakers in determining the need for budget augmentation,” Escoto said. “Nevertheless, the DA-BFAR remains committed to combating IUU fishing and empowering Filipino fisherfolk with our existing assets and resources.” “We want to ensure that they can fish peacefully, productively, and sustainably in our waters, especially in the WPS, which rightfully belongs to Filipinos,” he added. The post Escoto: BFAR’s WPS ops need added funding appeared first on Daily Tribune......»»
Gov’t confident as IMSA audit starts
The International Maritime Organization, or IMO, started its Member State Audit Scheme or IMSAS from 2 to 9 October 2023, to scrutinize the Philippines’ implementation and enforcement of treaty instruments. Transportation Secretary Jaime Bautista has guaranteed that the country has fully complied with international maritime conventions. A statement of the Department of Transportation, the mother agency of the Maritime Industry Authority that is preparing for this year’s IMSAS, said Bautista ensured that the Philippines had upheld maritime safety and protection of the marine environment by adhering to international rules and regulations. “I affirm our commitment to ensure the safety of life and property at sea and prevention of maritime pollution through full and effective implementation and enforcement of all laws, regulations, and recommendations, in adherence to our international responsibilities and obligations,” Bautista told IMO auditors during the kick-off of the IMSAS audit. Adhering to global norms Bautista said that through the audit, which assists member-states in improving their capacity for implementing international conventions, the Philippines promotes uniformity and effectiveness in the implementation of IMO instruments. “Having these mechanisms, we were able to champion our legislative agenda and ensure the continuous advancement of maritime interest in the country,” Bautista said. According to the Marina, the audit, conducted by three experienced IMO auditors, is conducted in accordance with the Memorandum of Cooperation signed between the Philippines and the IMO. This cooperation encompasses a series of vital IMO instruments, including SOLAS 1974, SOLAS PROT 1988, MARPOL 73/78, MARPOL PROTOCOL 1997, STCW 1978, LOAD LINES 1966, LOAD LINE PROT 1988, TONNAGE 1969, and COLREG 1972. IMSAS primary focus lies in assessing several key areas — Compliance with Audit Standards: Evaluating the extent to which the Philippines adheres to audit standards and the overall strategy; Legislation Enactment: Reviewing the enactment of legislation related to safety and environmental aspects associated with ratified IMO instruments; Administration and Implementation: Scrutinizing the administration, implementation, and enforcement of applicable laws and legislation; and Performance Evaluation: Assessing the performance concerning the implementation and enforcement of ratified IMO instruments in the roles of flag, port and coastal State. Originally, the IMSAS was set for 2020 to 2021, but since a state of emergency was still in effect due to the Covid-19 pandemic, it was rescheduled to 2022 to 2023. To prepare for the audit, Marina and the IMSAS Technical Working Group, and other concerned maritime stakeholders conducted gap analysis scoping exercises, inter-agency meetings, mock audits, and capacity-building activities in preparation for this year’s audit. The post Gov’t confident as IMSA audit starts appeared first on Daily Tribune......»»
DTI pushes for AI research hub; P300-M for consumer protection programs
The Department of Trade and Industry is pushing for the establishment of the Center for Artificial Intelligence Research, however, it remains "unfunded” under the proposed 2024 National Expenditures Program. During the hearing of Senate Committee on Finance’s Subcommittee “M” on DTI’s proposed P7.909 billion budget for the fiscal year 2024 on Tuesday, Trade Secretary Alfredo Pascual emphasized the idea would help the country's Micro, Small, and Medium Enterprises to effectively adopt “artificial intelligence in their business operations. “This is a research [and development] center. The model is the AStar of Singapore…It’s industry-oriented, it's not academic research. It’s a way to help MSMEs to adopt AI in their operations,” Pascual said, citing that large companies in the country “can take of themselves” to implement AI solutions in their businesses. “But this SMES would need assistance and this is the center that could do that plus the continuing research in the impact of AI on employment which jobs will be affected,” he said. The issue of AI ethics will also be addressed through CAIR, he added. “We are working this out, actually with some business groups that can donate…In fact, we have been offered already a place,” the DTI chief said. Pascual explained that the CAIR has been included in the DTI’s plan for revitalizing Philippine industries under the Philippine Development Plan. Meanwhile, DTI’s Competitiveness and Innovation Group, Undersecretary Rafaelita Aldaba said the agency has been requesting funds, amounting to P200 million, for the CAIR since two years ago. Aldana did not give further details as to why the Department of Budget and Management disapproved their requests. Stressing the importance of the AI program, Senate President Pro Tempore Loren Legarda lamented there must be a reason why the CAIR did not get a budget. Legarda asked Aldaba to further provide details on CAIR as the latter noted the DTI doesn’t have enough space in their existing building, “It’s a physical center and its goal is for us to become an AI center of excellence in the region in the near future. It’s going to house our data scientists, researchers, engineers who will be conducting AI [research and development] to support the needs of the industries, including MSMEs, start-ups, large companies, and multi-nationals,” Aldaba said. The CAIR is also eyed to provide capacity building and training and workshops on AI, she added “so that new products and services could come out from the idea. However, Legarda said DTI should not wait for the physical CAIR to be set up before it starts building the capacity of Filipinos concerning AI, adding that developing a physical infrastructure may take at least two years. “And knowing government, that’s so slow. That means all the resources on AI will not ensue until the structure is done,” Legarda lamented. “What I’m saying is that while the infrastructure is not yet set up, we should continue with AI capacity buildings and research.” Senator Mark Villar, who presided over the budget hearing, backed Legarda’s position, noting that DTI should ensure that AI benefits the country. “Other countries are very concerned also about what AI might mean for the labor industry and what the implications are. I think it’s important that we learn how we can leverage it to help our industries,” he said. On the other hand, Pascual appealed to the Senate for an additional P300 million in funding to strengthen the DTI’s consumer protection programs. “We want to reorganize our consumer protection activity by centralizing it because you cannot expect a junior person running after hoarders or profiteers in an area where there are a lot of people of influence that are operating in the region,” he said. “So the plan that we have done, this planning, after the budget submission, is to centralize the consumer protection activity in the head office and have a quick response task force,” said Pascual. “That would require a funding of P300 million to strengthen our consumer protection activities," he added. Villar supported the DTI’s plan citing its significance amid the ongoing inflation being experienced in the country “It is very relevant that the DTI takes a stronger role in monitoring these hoarders and manipulators,” he said. DTI Assistant Secretary Jean Pacheco said the P300 million would fund an inter-DTI strike team to increase their enforcement activities, consumer education and advocacy, complaints handling, and procurement of equipment for the certification and testing of vapes, among others. At least P130 million of the total request will be utilized for the procurement of equipment for DTI’s certification and testing of vape products, which is in line with their implementation of the law regulating e-cigarettes. The post DTI pushes for AI research hub; P300-M for consumer protection programs appeared first on Daily Tribune......»»
Confidential fund to boosts BFAR surveillance efforts in WPS
Department of Agriculture-Bureau of Fisheries and Aquatic Resources Director Atty. Demosthenes Escoto on Tuesday said reallocating confidential funds to the bureau would significantly enhance its monitoring, control, and surveillance efforts in the West Philippine Sea and other fishing grounds across the country. Escoto said that while the decision rests with Congress, he is grateful to lawmakers' consideration of augmenting its funds. "We extend our heartfelt appreciation to the members of Congress advocating additional funds to DA-BFAR and other security agencies," Escoto said. "This initiative would empower our agency to strengthen and enhance our existing monitoring, control, and surveillance activities in the WPS and other fishing grounds to ensure the sustainable use of our marine resources and safeguard the livelihoods of our fisherfolk," he added. Utilizing its current assets and available resources, DA-BFAR has been actively combating illegal, unregulated, and unreported fishing, a persistent threat in Philippine waters. The agency employs floating assets to monitor unlawful fishing activities and conducts resupply missions in collaboration with government agencies, particularly the Philippine Coast Guard. These missions provide essentials such as engine oil, drinking water, and ready-to-eat snacks to Filipino fisherfolk engaged in fishing activities in the WPS. This year, the DA-BFAR also launched the Livelihood Activities to Enhance Fisheries Yields and Economic Gains from WPS, a livelihood project worth nearly P80 million. The program seeks to provide local fisherfolk with essential tools, knowledge, fishing gear and paraphernalia, and post-harvest training to help them fish more effectively in the WPS and reduce their post-harvest losses. Last June, the DA-BFAR delivered almost P5 million worth of livelihood inputs and capacity-building programs to residents of Pag-asa Island in Kalayaan, Palawan, under the LAYAG-WPS project. Assistance included Fiber Reinforced Plastic boats, fish aggregating devices, rain catchers, and more. "The DA-BFAR respects the wisdom of our lawmakers in determining the need for budget augmentation," Escoto said. "Nevertheless, the DA-BFAR remains committed to combating IUU fishing and empowering Filipino fisherfolk with our existing assets and resources. We want to ensure they can fish peacefully, productively, and sustainably in our waters, especially in the WPS, which rightfully belongs to Filipinos," he added. The post Confidential fund to boosts BFAR surveillance efforts in WPS appeared first on Daily Tribune......»»
Valenzuela lights ‘Tree of Hope’
Celebrities graced Valenzuela City’s “Tree of Hope” lighting ceremony over the weekend which also marked the beginning of a three-month-long celebration of the 400th Founding Anniversary of the city. The occasion was held at the Valenzuela City People’s Park with no less than popular Yuletide singer Jose Mari Chan, Patrick Quiroz and Itchyworms spicing up the rites that set the Christmas spirit of the Valenzuelanos. The “Tree of Hope” lighting ceremony is a yearly tradition focusing on a 50-foot tree, along with several decors and installations. It has been long-running since 2004. This year, the lighting ceremony is coupled with another historical commemoration — the kick-off celebration of the 400th founding anniversary of the City of Valenzuela. It is a modern Pinoy Christmas theme bridging the past and future, as a herald to 400 years of history and progress. Mayor WES Gatchalian were joined by SM Supermalls president Steven Tan and CDO Foodsphere Inc. assistant vice president Jason Ong in lighting up the “Tree of Hope” this year. Dedicating the Tree of Hope, the city also welcomed PWD children and teens as the primary beneficiaries for this year. Likewise, students from the city’s state universities the Pamantasan ng Lungsod ng Valenzuela and Valenzuela Technological College or VALTECH (formerly named ValPoly) also participated in the event. Mayor Gatchalian extended his warm greetings and emphasized the meaning of the “Tree of Hope.” “For our ‘Tree of Hope’ Lighting tonight, may this event not be a symbol of hope, but also serves as a reminder that the light that has guided over the past 400 years, will be the light that shall guide us in the future,” he said. Joining the event were Vice Mayor Lorie Natividad-Borja, Mayoress Tiffany Gatchalian, City Councilors Ricarr Enriquez, Gerald Galang, Niña Lopez, Sel Sabino-Sy, Mickey Pineda, Atty. Bimbo dela Cruz, Louie Nolasco, Marlon Alejandrino, SK Federation president, Councilor Goyong Serrano, and Liga ng mga Barangay president, Councilor Jonjon Bartolome. The PWD children and teens performed a meaningful doxology to start the event right. To further make this a night to remember, the local government invited the Christmas icon, Jose Mari Chan, to sing his signature song, “Christmas in Our Hearts” while setting the “Tree of Hope” and the fireworks alight. A colorful and dashing fountain display provided the finishing touches to the ceremonial night. Days after the event, multiple attractions in the city such as the Valenzuela City Family Park, WES Arena, Fatima Avenue, and Polo Family Park were also set to illuminate their Christmas installations. Meanwhile, some of the anticipated huge events for the upcoming months are as follows: Oktoberfest, Polo Fiesta activities, Mass at San Diego de Alcala Church, Casa de Polo blessing and inauguration, Industry Summit, Gawad Dr. Pio Valenzuela Awarding, Cultural Night, Valenzuela’s coffee table book launch, a visit from delegates of Bucheon, South Korea, Food Fiesta and a Christmas Bazaar. These activities in line were all open for the Pamilyang Valenzuelanos. The post Valenzuela lights ‘Tree of Hope’ appeared first on Daily Tribune......»»
Valenzuela kicks off 400th founding jubilee
The City of Valenzuela kicked off its three-month-long celebration of its 400th founding anniversary with a tree of hope lighting ceremony at the Valenzuela City People’s Park last 30 September 2023. The event was attended by Mayor Wes Gatchalian, special guests Jose Mari Chan, Patrick Quiroz, Itchyworms and hundreds of Valenzuelanos. The Tree of Hope lighting ceremony is a yearly tradition in the city, but this year it was especially significant as it marked the beginning of the 400th founding anniversary celebration. The tree of hope is decorated with lights and ornaments that symbolize the city’s history, culture, and progress. It is a reminder of the city’s resilience and its bright future. Gatchalian said that the 400th founding anniversary celebration is a time to reflect on the city’s past and to look forward to its future. “We are proud of our rich history and our many accomplishments. We are also excited to see what the future holds for Valenzuela,” said the mayor. The tree of hope lighting ceremony was just the beginning of a series of events that will be held throughout the city in celebration of its 400th founding anniversary. The day of the commemoration is 12 November following Pueblo de Polo’s founding date, 12 November 1623. Back-to-back celebration awaits the city with Polo Fiesta and Casa de Polo inauguration as two of the grand slated events at #Valenzuela400 this month. Meanwhile, some of the anticipated huge events for the upcoming months are as follows: Oktoberfest, Polo Fiesta activities, Mass at San Diego de Alcala Church, Casa de Polo blessing and inauguration, Industry Summit, Gawad Dr. Pio Valenzuela Awarding, Cultural Night, Valenzuela’s coffee table book launch, a visit from delegates of Bucheon, South Korea, Food Fiesta, and a Christmas Bazaar. These activities in line were all open for the Pamilyang Valenzuelanos. The post Valenzuela kicks off 400th founding jubilee appeared first on Daily Tribune......»»
Valenzuela city lights ‘Tree of Hope’, celebrates 400th founding anniversary
Welcoming two momentous events in one, the City of Valenzuela commenced the “Tree of Hope” lighting ceremony at the Valenzuela City People’s Park over the weekend and was graced by special guests: Jose Mari Chan, Patrick Quiroz, and Itchyworms. Alongside, the ceremony also marked the beginning of a three-month-long celebration of the 400th Founding Anniversary of the city. The “Tree of Hope” lighting ceremony is a yearly tradition of the city, setting the Christmas spirit early for the Valenzuelanos. This traditional lighting of the 50-foot tree, along with several decors and installations, has been long-running since 2004. This year, the lighting ceremony is coupled with another historical commemoration — the kick-off celebration of the 400th founding anniversary of the City of Valenzuela. It is a modern Pinoy Christmas theme bridging the past and future, as a herald to 400 years of history and progress. Mayor WES Gatchalian were joined by SM Supermalls President Steven Tan and CDO Foodsphere Inc. Assistant Vice President Jason Ong in lighting up the Tree of Hope this year. Dedicating the Tree of Hope, the city also welcomed PWD children and teens as the primary beneficiaries for this year. Likewise, students from the city’s state universities the Pamantasan ng Lungsod ng Valenzuela and Valenzuela Technological College or VALTECH (formerly named ValPoly) also partake in the event. The historical evening occurred at the heart of the city, the Valenzuela City People’s Park, where many of its residents gathered to witness the gleaming lights from the display. Mayor Gatchalian extended his warm greetings and emphasized the meaning of the Tree of Hope. “Sa ating ‘Tree of Hope’ Lighting ngayong gabi, nawa ito ay hindi lamang maging simbolo ng pag-asa, kung hindi rin magsilbing paalala, na ang liwanag na gumabay sa ating sa nakalipas na apat na raang (400) taon, ay siya ring liwanag na gagabay sa ating hinaharap (For our ‘Tree of Hope’ Lighting tonight, may this event not be a symbol of hope, but also serve as a reminder that the light that has guided over the past 400 years, will be the light that shall guide us in the future)." Joining the event were Vice Mayor Lorie Natividad-Borja, Mayoress Tiffany Gatchalian, City Councilors Ricarr Enriquez, Gerald Galang, Niña Lopez, Sel Sabino-Sy, Mickey Pineda, Atty. Bimbo Dela Cruz, Louie Nolasco, Marlon Alejandrino, SK Federation President, Councilor Goyong Serrano, and Liga ng mga Barangay President, Councilor Jonjon Bartolome. The PWD children and teens performed a meaningful doxology to start the event right. To further make this a night to remember, the local government invited the Christmas icon, Jose Mari Chan, to sing his signature song, “Christmas in Our Hearts” while setting the Tree of Hope and the fireworks alight. A colorful and dashing fountain display provided the finishing touches to the ceremonial night. Following days after the event, multiple attractions in the city such as Valenzuela City Family Park, WES Arena, Fatima Avenue, and Polo Family Park were also set to illuminate their Christmas installations. A post-lighting concert took place at the Valenzuela City Amphitheater wherein special guests, Patrick Quiroz and the band, The Itchyworms, livened up the stadium. Valenzuelanos jammed with some of their iconic songs, concluding the monumental night on a strong note. Getting the ball rolling, the tree-lighting occasion is one of the city’s main festivities for its 400th founding anniversary tribute. The day of the commemoration is 12 November, following Pueblo de Polo’s founding date, 12 November 1623. Back-to-back celebration awaits the city with Polo Fiesta and Casa de Polo inauguration as two of the grand slated events at Valenzuela400 this month. Meanwhile, some of the anticipated huge events for the upcoming months are as follows: Oktoberfest, Polo Fiesta activities, Mass at San Diego de Alcala Church, Casa de Polo blessing and inauguration, Industry Summit, Gawad Dr. Pio Valenzuela Awarding, Cultural Night, Valenzuela’s coffee table book launch, a visit from delegates of Bucheon, South Korea, Food Fiesta, and a Christmas Bazaar. These activities in line were all open for the Pamilyang Valenzuelanos. For the past 400 years, the City of Valenzuela sought several developments and innovations — and it has never stopped evolving. From an agricultural provincial town of Polo to a highly urbanized, industrial, and liveable city, this notable transition led Valenzuela to be recognized as one of the progressive cities in the country. The post Valenzuela city lights ‘Tree of Hope’, celebrates 400th founding anniversary appeared first on Daily Tribune......»»
Valenzuela City kicks off joint Christmas and 400th-anniversary celebration
Welcoming two momentous events in one, the City of Valenzuela held its annual “Tree of Hope” lighting ceremony at the Valenzuela City People’s Park on 30 September, an event graced by special guests Jose Mari Chan, Patrick Quiroz and Itchyworms. The ceremony also marked the beginning of the three-month-long celebration of the 400th founding anniversary of the city. The “Tree of Hope” lighting ceremony, a city tradition since2004, sees the lighting of a 50-foot Christmas tree and the installation of holiday decor to set the Christmas spirit early for Valenzuelanos. This year, the lighting ceremony is coupled with another historical commemoration — the kick-off celebration of the 400th founding anniversary of the City of Valenzuela. It is a modern Pinoy Christmas theme bridging the past and future. Mayor Wes Gatchalian was joined bythe CDO Foodsphere and SM Supermalls in lighting up the Tree of Hope this year. The city also welcomed PWD children as the primary beneficiaries of the event, along with students from PLV and VALPOLY. Singers from PLV performed Christmas carols, while the local government invited Christmas icon Jose Mari Chan to sing his signature song, “Christmas in Our Hearts”, while the Tree of Hope was lit amid fireworks. A colorful and dashing fountain display provided the finishing touches to the occasion. Multiple attractions in the city such as Valenzuela City Family Park, WES Arena, Fatima Avenue and Polo Family Park are also set to turn on their Christmas installations in the coming days. A post-lighting concert took place at the Valenzuela City Amphitheater where guests Patrick Quiroz and The Itchyworms livened up the crowd. The city's 400th founding anniversary celebration happens on 12 November, following Pueblo de Polo’s founding date of 12 November 1623. Back-to-back celebrations awaits the city with the Polo Fiesta and Casa de Polo inaugurations as two of the grand events slated for #Valenzuela400 this month. Other huge events unfolding in the following months include the Oktoberfest, Polo Fiesta activities, Mass at San Diego de Alcala Church, Casa de Polo blessing and inauguration, Industry Summit, Gawad Dr. Pio Valenzuela Awarding, Cultural Night, Valenzuela’s coffee-table book launch, a visit from delegates of Bucheon, South Korea, Food Fiesta, and a Christmas Bazaar. Over the past 400 years, the City of Valenzuela has never stopped evolving. From an agricultural provincial town of Polo, it has become a highly urbanized, industrial and livable city, recognized as one of the progressive urban centers in the country. Thus, reaching four centuries of growth and progress is a milestone worth celebrating for all Valenzuelanos, and an inspiration to continuously commemorate and honor the rich history that established the city. The post Valenzuela City kicks off joint Christmas and 400th-anniversary celebration appeared first on Daily Tribune......»»
Big fuss over .02%
The Philippine Stock Exchange index is considered the gauge of the activity in the equities market and, by extension, of the economy since the direction of the line graph indicates the country’s financial health. The index tracks the price movements of a basket of select companies listed on the bourse, representing various sectors of the economy. Investors and market participants use the PSE index as a reference to evaluate the performance of their investment portfolios and make informed investment decisions. The daily movement of the index influences investor confidence and sentiment. Increased investor confidence can stimulate trading activity, attract foreign investments, and encourage local companies to raise capital through initial public offerings or secondary floats. A strong and stable PSE Index can enhance the stock market’s perception as an attractive investment destination. This could attract foreign capital inflows, increase liquidity, and contribute to developing the local capital market. Thus, the impending exit of Metro Pacific Investments Corp., or MPIC, and Aboitiz Power Corp., or APC, from the Philippine Stock Exchange index seems a bit off as both companies are major players in the country’s growth story. Replacing APC and MPIC in the exclusive blue chips club are tycoon Enrique Razon Jr.’s Bloomberry Resorts and the Po family’s Century Pacific Food. The revamp takes effect on Tuesday, 26 September. MPIC is stepping out of the index after its public float dropped to 2.78 percent as part of its program to delist by October. APC’s exclusion from the benchmark was decided on, however, after it missed by a few decimal points of the 20 percent float rule for stocks to be retained in the PSEi. The company purchased 11.4 million shares as part of its buyback program that brought the public float level to below 20 percent, the level required to stay in the PSEi. Based on APC’s report to the market, stocks owned by the public are 19.98 percent of the total listed shares of 7.35 billion. Listed companies are required to have a 10-percent public float, but the elite index members are given a more arduous 20-percent public ownership condition. APC is off by .02 percent. APC’s buyback activities increased non-public scrips to 5.886 billion, bringing the total number of publicly owned shares to 1.47 billion. “Aboitiz Power’s current public ownership levels far exceed the 10-percent minimum public ownership level required for it to remain listed in the Philippine Stock Exchange,” an APC statement to the PSE said. “Even with this stock buyback program, there is no intention to delist from the PSE, but merely to reward our existing shareholders with a larger share of a brighter future,” APC added. The PSEi must accurately reflect the stock market’s overall performance and, in the bigger picture, the economy’s strength. Its composition should go beyond the mere technical criteria to allow a more representative indicator of the daily activity of the market. APC accounts for one out of every five megawatts, or MW, of installed capacity in the country and has some 1,000 MW of renewable energy capacity in the pipeline. In the first half of the year, the company reported a P17.8-billion net income, 79 percent higher than the P10 billion recorded in the same period a year ago. In the second quarter, the company’s net income reached P10.3 billion, 46 percent higher than the P7 billion profit a year ago. The decision to remove a key bourse participant, which also has among the most active shares, is like benching your star player because he forgot to bring a matching pair of socks. The post Big fuss over .02% appeared first on Daily Tribune......»»
Maharlika’s questions linger (1)
The ink of BBM’s signature on the law creating the Maharlika Investment Corporation, or MIC, is now dry, and the Implementing Rules and Regulations have been issued. But still, the criticisms continue unabated from Pinoy kibitzers, i.e., management experts, private economic think tanks, to the top echelons of leading business organizations. Over the weekend, as the MIC’s partial start-up capital was remitted to the National Treasury, a leading periodical (not DAILY TRIBUNE) headlined the claim of the leadership of DBP, Michael de Jesus, that “gains from MIC’s trailblazing activities” will surely be forthcoming by the end of BBM’s term. Yet beneath the headline of the same broadsheet was a reference to well-regarded businessman George Barcelon, PCCI president and an esteemed fellow member of the Rotary Club of Makati, who said the MIC should have first finalized its board and management line-ups before DBP and Landbank made any contributions. Further, during the Institute of Corporate Directors-sponsored talk on the MIC of Dr. Bernardo Villegas last week, several ICD fellow members raised questions to Doc Bernie and the panel composed of yours truly and fellow governance advocate Francisco del Rosario. Not only that, several friends in my Upsilon Sigma Phi and AIM chat groups, who count among them several well-informed, leading management and business lights of our country, had concerns and comments about the MIC. Given this apparent continuing widespread interest from people whom I have great respect for and who certainly have only the best interest of the country in mind in voicing their observations, I would like to give it a shot and share what I believe are the key issues that are perennially raised and my own reactions to these comments. Do we need another GOCC when other agencies and GOCCs are in place? There is a frequent reference to NDC, a GOCC under the DTI with a long history of hits and misses. It has historically ventured into businesses that the private sector would generally not be interested in but nevertheless deemed important for the country’s economic development. However, saddled with relatively modest capital and some under- and non-performing assets on its balance sheet, NDC has never really figured in any blockbuster transactions or has high-potential assets that could catch the interest of multilateral or global venture funds. The bottom line, surely prospective foreign investors would rather partner with a GOCC that has a clean balance sheet, significant capital, is manned by leading management and investment experts, and is supported by a board composed of the highest economic agencies in the country. Mandating LandBank and DBP to invest P75 billion in the MIC will deprive other borrowers needing credit, such as farmers and MSMEs. Indeed, it will theoretically reduce their loanable funds to this extent. However, a cursory look at LandBank’s latest published financial statements will indicate that loans and receivables are only at about 30 percent of total assets, suggesting that they are underlending relative to their lending capacity. In fact, during the Senate hearings on MIC, I recall the bank officials disclosing that almost 90 percent of their liquidity is invested in government securities. Why this is so is another story. Furthermore, other than BSP regulatory constraints, these GFIs are not geared, philosophically and organizationally, to be investing in equity, particularly of long-term duration, i.e., non-allied undertakings such as infrastructure or the agriculture sector, which are expected to be the MIC’s target investee industries. MIC will bypass the budget and appropriations process, reducing the government’s resources that could otherwise have been made available for the country’s other needs. Yes, MIC will bypass the budget and appropriation process because perhaps that was the whole intention. But as noted by Dr. Villegas in his ICD talk, with our current deficit, the national budget is intended for the country’s pressing operating needs. In contrast, the long-term capital funding required for infra and the like is precisely the funding gap that MIC could fill through joint ventures with foreign investors. Until next week… OBF! *** For comments, email bing_matoto@yahoo.com. (To be continued) The post Maharlika’s questions linger (1) appeared first on Daily Tribune......»»