Teachers seek 600-B additional budget for safe return to schools
Filipino teachers are seeking an additional P600 billion in funding for the Department of Education to address the shortages in facilities for a safe return of students to schools. The post Teachers seek 600-B additional budget for safe return to schools appeared first on Bulatlat......»»
Unprogrammed appropriations boosted 2023 budget by P374 billion
The government has included a P374-billion additional program, on top of the P5.268 trillion national budget in 2023, the bulk of which were unprogrammed appropriations......»»
Executive dep’t proposes additional budget of P963M
Executive dep’t proposes additional budget of P963M.....»»
DBM greenlights funding for 673 MSU faculty positions
The Department of Budget and Management has approved an additional 673 permanent faculty positions across the nine campuses of Mindanao State University......»»
ARTA eyes additional P200 million for 2024
The Anti-Red Tape Authority is hoping for the approval of an additional P200 million in its budget for next year, saying this will be used to expand its operations to cover all regions in the country......»»
P3 billion released for DSWD social safety net
The Department of Budget and Management has released P3 billion as an additional social safety net to help Filipinos cope with and recover from various crisis situations......»»
Bloating deficit raises need for new taxes
The government should pursue new taxes now more than ever to secure additional revenues as the share of the budget deficit to the overall economy increased in the third quarter, according to a former finance official......»»
Come hell, high water,Christmas comes
Despite challenges from inflation and other difficulties because of the geopolitical shifts, Filipinos still look forward to celebrating Christmas on expectations of bonuses and the observance of family traditions. Based on historical data, Kantar, the world’s leading marketing data and analytics company, expects households to increase their spendings on food and beverage during the holidays compared to ordinary months. “The Christmas spirit is felt as early as September. Spending in the fast-moving consumer goods typically starts in December when Filipinos receive additional disposable income through their 13th month pay and other incentives,” Nino Nierva, account director, Worldpanel Division, Kantar Philippines, said. “What we’ve observed, based on our analyses of the spending habits of over 5,000 households’ year-on-year, is that Filipinos spend mostly on food and beverage items from December to January versus the rest of the year.” There is a spending uplift of 7 percent in the total FMCG segment during the height of the Christmas season last year, or from December 2022 to January 2023, compared to other months, or from February to November. This translates to approximately P6 billion more spent every month within the holiday period. Specifically, Filipinos spent 11 percent more on food and 9 percent more on beverage categories during the holidays. This trend also extends to dairy products (6 percent higher), which include all-purpose cream and condensed milk that are key ingredients of fruit salad, a staple Christmas dessert in the country. In contrast, the health and beauty category takes a back seat during this same period based on a 4 percent decline in growth last year, according to Kantar’s study. Season of eating, shopping Data from Kantar further showed that holiday feasts must-haves will continue to take-over the shopping baskets of Filipinos in the remaining months of the year. These items, which registered significant growth in December 2022, are expected to remain a priority for households. These are spreads (up 34 percent), canned fruits (up 25 percent), alcoholic beverages (up 24 percent), noodles and pasta sauces (up 21 percent), lechon sauce (up 17 percent), condensed milk (up 9 percent), mayonnaise (up 8 percent), and all-purpose cream (up 6 percent). However, Kantar notes that inflation continues to impact FMCG in terms of pack size and brand choices. In particular, households, strapped for cash, may buy less holiday meal staples like pasta sauces or cheese, and may choose to purchase more affordable brands of canned fruits, all-purpose cream and noodles. Tight budget not a problem While Filipinos continue to patronize sari-sari stores, they will still visit hypermarkets, supermarkets and groceries to check their options during the holiday season. According to Kantar, Filipinos still buy from sari-sari stores and they spend an average of P1,309 per month during the holidays. This is followed by hyper and supermarkets where 7 out of 10 homes visit the channel with an average monthly spend of P1,559. Aside from their own purchases, households will likewise make extra room in their pantry for FMCG products that they receive as gifts. The post Come hell, high water,Christmas comes appeared first on Daily Tribune......»»
Fuel subsidy easing eyed
An immediate release of government assistance to public utility vehicles will be achieved by shortening the trigger period from three months to one and simplifying the requirements, the Department of Energy said yesterday. The proposal, nonetheless, may need the amendment of the law for releasing fuel subsidies to the transport sector. In a press briefing, Energy Secretary Raphael Lotilla said this was one of President Ferdinand “Bongbong” Marcos Jr.’s proposed solutions to the oil price shock that is expected to worsen amid the spreading Middle East conflict. $80 per barrel long breached Under the current law, fuel subsidies are released to the transport sector whenever the Dubai crude oil price exceeds $80 per barrel for three consecutive months. Lotilla said shortening the trigger period will allow the government to release the subsidies faster to the transport sector, one of the sectors most affected by rising fuel prices. “With this simplification or shortening of the period, we will be able to release the subsidies in a shorter period,” Lotilla said. “Since Congress is now considering the General Appropriations Act, it will be included in that process. The amendment will take effect in 2024 immediately upon Congress’s approval of the GAA,” he added. The DoE chief also said the government will simplify the requirements for the release of the fuel subsidies. The release of the subsidies requires the approval of the DoE, the Department of Transportation, and the Department of Budget and Management. Lotilla said that under the new proposal, the release of the subsidies will only require the approval of the DBM, DoTr and the DoE. He said the DoTr will finalize the list of beneficiaries for those with franchises, the Department of the Interior and Local Government for tricycle drivers, and the Department of Trade and Industry for delivery service drivers. Even though there’s an effort to expedite assistance, Lotilla said the fuel subsidy in the 2024 national budget was decreased to P2.5 billion from P3 billion this year. The energy chief, however, believes that even with the reduced budget, the required funding will be met. “That’s based on the experience of the previous year. We don’t know what will be the final amount,” the official said. Other measures on table Lotilla added the government will implement a voluntary 20-percent ethanol blend for gasoline, which is targeted for approval by the end of 2023. He said the ethanol blend will help mitigate the rising fuel prices, as ethanol is cheaper than gasoline. Lotilla said the President also instructed him to continue the transport sector’s electrification, particularly for mass transport and light cargo vehicles. He said the government will put in place charging stations and ensure that the benefits to the transport sector, particularly the drivers, will be there. Lotilla said the President also emphasized the need to prepare the economy for the eventual manufacture of electric vehicles and to link this with the local mining sector that will produce the minerals needed to manufacture batteries and other components of electric vehicles. Rules out soon The DoE is also releasing the guidelines for the implementation of the long-delayed higher biofuels blend before the year ends. Lotilla said the current 10-percent ethanol blend, also known as E10, in gasoline would be increased to 20 percent or E20, although it would be a voluntary option for motorists. Lotilla added that the current two percent or B2 coco methyl ester or CME blend on diesel will be adjusted to three percent or B3. Based on the DoE calculation, implementing the E20 blend could slash gasoline prices by around P1.28 to P1.50 per liter. While ethanol is generally cheaper than gasoline, Lotilla noted that local ethanol at P79.49 a liter is still more expensive than the imported supply at P41.84 per liter. Lotilla said DoE will bank on the coconut industry, whose production reaches up to 15 billion nuts annually, to complement the B3 shift. “An additional 1 percent blend only needs 2.6 billion nuts. The increase in the blend can also drive down the cost of CME because there will be a bigger market for it. Right now, we expect pure diesel to be at parity with the per liter price of CME,” Lotilla explained. With Maria Romero The post Fuel subsidy easing eyed appeared first on Daily Tribune......»»
Rep. Castro will sue former president Duterte for grave threats
Former president Rodrigo Duterte will be sued for grave threat raps by ACT Teachers Partylist Rep. France Castro, whom he threatened to kill over issues of confidential funds requested by his daughter, Vice President Sara Duterte. Castro said the criminal complaint is scheduled to be filed tomorrow morning before the Quezon City Regional Trial Court with some National Union of Peoples Lawyer members, former Philippine Bar Association head Rico Domingo, and lawyer Antonio La Viña, who volunteered to handle the case. "This is a crime against a person. Former president Duterte's threats should stop," she said in an interview on Monday. The progressive lawmaker has been on the receiving end of Duterte's tirades following the crusade of the Makabayan bloc to strip the VP of multi-million confidential funds from the proposed 2024 budget. VP Duterte sought P500 million and P150 million in confidential funds for OVP and the Department of Education, respectively. The militant group waged a successful battle against the VP's secret funds as the House leadership concurred with their proposal of formally removing it and rather channeled it to agencies in charge of monitoring and protecting the country's national security and territorial rights in the West Philippine Sea. The VP, who claimed her secret funds will be used to promote peace and order, previously accused critics of having "insidious motivations." The OVP and DepEd, which the VP concurrently heads, were among the three civilian agencies, namely the Department of Agriculture, the Department of Foreign Affairs, and the Department of Information And Communications Technology, awarded zero confidential funds for next year. The former president said Castro would have been the "first target" of his daughter's intelligence fund. "It's time for the Dutertes to stop doing this, especially former president Rodrigo Duterte. He admitted he kills. So, it has to be stopped because it has no place in this society," Castro said. According to Castro, she only did her duties as a lawmaker of scrutinizing the budget, particularly the confidential funds, and the Dutertes should not interpret it as a personal affront. House leaders previously said they would not tolerate Duterte's threats and intimidation of any members of the lower chamber. Moreover, they would back Castro's move to file legal action. The House is also geared up to provide Castro additional security following a death threat from Duterte, according to House secretary general Reginald Velasco. The post Rep. Castro will sue former president Duterte for grave threats appeared first on Daily Tribune......»»
Alternergy rechannels IPO money for wind projects
Due to the massive potentials of wind energy as a viable power source, listed renewable energy firm Alternergy Holdings Corp. is reallocating the proceeds of its initial public offering or IPO to provide additional financial support to two of its wind projects. The company informed the Philippine Stock Exchange on Friday that its Board of Directors approved the plan to expedite the development of the projects. Alternergy said the Tanay and Alabat Wind Power Projects, which won in the Green Energy Auction 2 of the Department of Energy, will receive increased funding from its maiden offering. Specific development timeline “Tanay and Alabat Wind Power Projects are following a specific development timeline under GEA 2. Alternergy is fully intent to proceed with the activities leading to immediate construction by the first quarter of 2025 and thus, the reallocation of the IPO proceeds,” Alternergy chairperson Vicente Pérez Jr. said. “The reallocation of proceeds will be a boost for now while the project funding for construction is being finalized,” Gerry Magbanua, Alternergy president, added. The IPO proceeds were supposedly for the Lamut Run-of-River Hydro Power Project and the Offshore Wind Power Projects. Despite the changes, the company assured that pre-development activities for these projects would continue despite the lower budget. “Permitting and securing endorsements and clearances as well as conduct of initial technical studies would proceed,” Pérez said. “We are already on the ground in Lamut, Ifugao engaging the local community while we are in more detailed technical studies for the offshore wind projects. As these activities progress, additional funds will be channeled to support the work programs,” he added. Three leading investment banks tapped Alternergy announced last Monday it has tapped three leading investment banks — BPI Capital, RCBC Capital, and SB Capital — as lead arrangers to raise P12-billion project finance structure for the Tanay and Alabat Wind Power Projects. Alternergy has been investing a significant amount to expand its clean energy portfolio. It aims to develop up to 1,245 MW of additional wind, offshore wind, solar and run-of-river hydro projects. Alternergy was involved in the development of the 33-MW Bangui Bay wind farm in Ilocos Norte — the first commercial wind farm in Southeast Asia at that time. The post Alternergy rechannels IPO money for wind projects appeared first on Daily Tribune......»»
Bong Go shows full support to Filipino athletes in 19th Asian Games
Senator Christopher "Bong" Go, chairperson of the Senate Committee on Sports, articulated his deep sense of pride for Filipino athletes participating in the 19th Asian Games being held in Hangzhou City, China, from 23 September to 8 October. The senator personally traveled to China to show his full support for the Philippine delegation early this week. He also attended live competitions, including the recent match between Gilas Pilipinas and Iran at Zijingang Gymnasium, Zhejiang University on 3 October. “Nakapanood din tayo ng ilang live competitions, gaya na lang ng nakaraang laban ng Gilas Pilipinas kontra sa Iran," he said. “Masarap talaga ang pakiramdam bilang isang Pilipino dahil muling nagwagi ang pambato natin sa basketball na Gilas Pilipinas,” he shared. Go, chairperson of the Senate Committee on Sports, expressed his appreciation and heartfelt gratitude to the athletes, coaches, national sports associations and staff, as well as the Philippine Olympic Committee, Philippine Sports Commission and other agencies who worked hard to support the Philippine delegation. "Bilang chair ng Senate Committee on Sports, taus-puso kong pinupuri at pinasasalamatan ang mga manlalaro nating ibinibigay ang lahat para itaas ang bandera ng Pilipinas sa ginaganap na kumpetisyon," he said. Meanwhile, Go also congratulated Gilas Pilipinas for their historic win over China in the semifinals on October 4, which secured their spot in the gold medal match against Jordan. He praised Justin Brownlee for his clutch performance that led the team to a stunning comeback from a 20-point deficit. The senator also expressed his excitement for the upcoming gold medal match between Gilas Pilipinas and Jordan. He said he will be cheering for the team as they aim to win the country’s first-ever Asian Games gold in basketball. The match is scheduled for 6 October. Go then lauded jiu-jitsu fighter Margarita "Meggie" Ochoa for winning the second gold medal for the Philippines on 5 October. Ochoa defeated Balqees Abdulla of the United Arab Emirates in the final match of the women's –48 kg division. She joined pole vaulter Ernest John Obiena as the country's gold medalists in this edition of the Asian Games. “Samantala, ang boxer na si Eumir Marcial ay pasok na rin sa Asian Games finals matapos niyang ma-knockout ang Syrian boxer na si Ahmad Ghousoon sa men's 80kg weight class nitong October 4. Dahil dito, haharapin ni Eumir sa finals si Tanglatihan Tuohetaerbieke ng China para sa gold medal. Pasok na rin si Eumir sa 2024 Paris Olympics,” Go also mentioned. As vice chairperson of the Senate Committee on Finance, Go has also been a strong advocate for increased funding for sports programs. He revealed that last year's proposed budget for the Philippine Sports Commission was approximately P200 million. However, he pushed for an additional P1 billion, thereby significantly enhancing the financial support for athletes in international competitions. "Dahil dito, nakapagbigay tayo ng pinansyal na suporta para sa mga atletang lumahok sa mga international competitions," he added. This move paved the way for the provision of financial support for athletes participating in international competitions, including the recent 2023 Southeast Asian Games in Cambodia and the ongoing Asian Games in China. Go also emphasized the importance of grassroots sports development, saying, “Tinututukan din natin ang grassroots sports development upang mahubog ang mga kabataan nasaan man sila sa bansa na nagnanais na sumabak sa mga pambansa at pandaigdigang palaro.” In line with this, he highlighted his role as the author and co-sponsor of RA 11470, which established the National Academy of Sports in New Clark City, Tarlac. "Ang NAS ay nagbibigay ng de-kalidad na edukasyon at sports training sa mga batang may potensyal na maging world-class athletes," he added. Additionally, Go filed SBN 423, or the Philippine National Games (PNG) Act, to institutionalize a national platform for athletes, especially the youth, to showcase their talents. "Sa pamamagitan ng PNG, mas maraming talento ang mabibigyan ng pagkakataon na makilala at mapabilang sa ating mga national team," he said. The senator also continues to support the implementation of sports clinics, community leagues, and the provision of sports equipment in rural areas. "Sabi ko nga palagi, ‘get into sports and stay away from drugs!’" he advised. Go called on all Filipinos to continue supporting and praying for all athletes competing in the Asian Games and other competitions. "Ang kanilang tagumpay ay tagumpay ng buong sambayanang Pilipino! Laban, Pilipinas! Ipakita natin ang puso ng Pilipino na lumalaban hanggang dulo!" he exclaimed. "Go, go, go for the gold!" he cheered. As of 5 October, the Philippines has two golds, one silver, and nine bronze medals in the ongoing Asian Games. The post Bong Go shows full support to Filipino athletes in 19th Asian Games appeared first on Daily Tribune......»»
CAAP adopts Borongan’s airport-building style
BORONGAN CITY — It was the necessity of getting a direct flight started the soonest that prompted the local government here to build its own airport, albeit in a novel and most cost-effective way given its limited budget. But the novel idea of using a modular construction system in the construction of an airport terminal gave the Civil Aviation Authority of the Philippines the idea on how it will build airport terminals in the future across the country. Rupert Ambil, Borongan City Information Officer and Flights Operation Chairman of the Borongan City Airport, said the city is the first local government unit in the country to construct its own airport terminal. “Thanks to the innovative design by the engineering team and the remarkable speed at which this project was completed, the CAAP is now adopting the modular design for other airports in the country,” Ambil said. On Thursday, CAAP issued a statement that it will be expanding the use of its modular construction system to more airports across the country, following its completion at Borongan Airport. “CAAP is actively implementing alternative approaches to swiftly address the concerns of passengers such as check-in areas and passenger terminal buildings with limited spaces,” CAAP said. “To address these areas for development, CAAP aims to create more spacious, efficient, and passenger-friendly environments that meet international standards and accommodate the increasing passenger volume of airports,” it added. “The modular construction system, which initially piloted at Borongan Airport, offers a sustainable approach to constructing terminal facilities with passenger amenities, as it minimizes construction waste. It uses pre-fabricated structural steel, a sustainable and cost-effective approach that allows for flexibility in design and rapid construction.” CAAP said it has identified additional airports where the construction system will be implemented. One of them is the Laguindingan Airport in Cagayan de Oro where construction aimed to increase passenger movement is set to start in December 2023 with a total budget of P36 million. The post CAAP adopts Borongan’s airport-building style 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......»»
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......»»
Romnick Sarmenta calls out Lala Sotto’s request for P5-M ‘honorarium’ for MTRCB board
At the recent budget hearings in Congress, Lala Sotto, chairperson of the Movie and Television Review and Classification Board, requested an additional P5 million in the 2024 budget for her agency, purportedly to be used as honorarium for the MTRCB's board members. Specifically, the request conveyed to Congress was for additional funds covering an "honorarium of P10,000 for every board meeting [that] shall be given to a board member for his/her attendance amounting to P5.20 million per year". Many netizens, already irate at the MTRCB for its decision to suspend the popular noontime show "It's Showtime", scored Sotto's request for additional funding for meetings by her agency's board members. Among those who registered their protest online was actor Romnick Sarmenta, who pointed out in a tweet: “Mam…. di po nila kailangan yung honorarium. Tinanggap po nila yung pwesto eh. Obligasyon po pag attend sa meeting, hindi po kailangan ng may pampalubag-loob“ (Maam, they don't need the honorarium. They willingly accepted their posts. It's their obligation to attend meetings without incentives). The request was on top of P19 million requested by the agency for "developmental activities". Sotto cited a new MTRCB campaign that needs to be funded, the 'Responsableng Panonood Campaign' where "we involve the parents, equipping and empowering them to be able to be able to be responsible for the viewing habits of their children," said Sotto. The post Romnick Sarmenta calls out Lala Sotto’s request for P5-M ‘honorarium’ for MTRCB board 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......»»
Hardline US Republican launches bid to oust House speaker
A far-right lawmaker launched a bid on Monday to oust US House Speaker Kevin McCarthy from his post, triggering the most serious showdown yet within the Republican party as it battles to contain firebrand supporters of ex-president Donald Trump. Matt Gaetz, a representative from Florida, entered his resolution from the House floor, later telling reporters McCarthy "doesn't have my support anymore, and he doesn't have the support of a requisite number of Republicans to continue as the Republican Speaker." "Bring it on," McCarthy quickly responded on X, formerly known as Twitter. The resolution, a rare maneuver that requires a simple majority to pass, could force a vote within days and comes after McCarthy brokered a last-gasp budget deal with Democrats over the weekend temporarily avoiding a government shutdown. Gaetz has been vowing retribution since the deal was struck. The Florida congressman and Trump loyalist is a leading figure within the small group of far-right Republican legislators who ignited the shutdown crisis with their refusal to adopt fresh federal funding without deep spending cuts. The group also opposes sending additional support to Ukraine, saying the money would be better spent in the United States on combatting illegal immigration. Republicans have such a narrow majority in the House of Representatives, the lower house of Congress, that the hardliners -- though they are a small minority -- hold a de facto veto over legislation there. "The American people are tired of Washington DC not having a budget, running $2 trillion annual deficits sitting atop a $33 trillion debt," Gaetz told reporters Monday after introducing his motion. "If this country's going down, I'm going down fighting," he said. 'Stop playing games' The resolution throws up fresh obstacles as lawmakers race to cut a new deal on funding for the federal government, with the stopgap brokered by McCarthy over the weekend running out by mid-November. The last-ditch "continuing resolution" came as millions of public workers looked set to be sent home unpaid, upending government functions from military operations to food aid to federal policymaking. US President Joe Biden has lambasted both McCarthy and the hardliners for failing to live up to an agreement forged around a debt crisis months ago that was meant to avoid a damaging shutdown fight -- and for stripping out support for Ukraine. "Stop playing games, get this done," Biden said during a press conference on Sunday, adding that he was "sick and tired of the brinksmanship, and so are the American people." The timeline for the next steps on Gaetz's resolution is variable, and it is not yet clear if Democrats would come to McCarthy's aid. Gaetz allowed for the possibility as he talked with reporters Monday, but vowed McCarthy "is not going to be speaker in power as a consequence of Republican votes." He added that "if the Democrats want to own Kevin McCarthy, they can have him. Because one thing I'm at peace with is -- when we stand here a week from now, I won't own Kevin McCarthy anymore." Gaetz on Monday called for the border funding and Ukraine aid to be voted on separately. "Regardless of how you feel about Ukraine money or border money, these two things should not be lumped together. They deserve their own dignity and their own vote," he said. McCarthy had made concessions to the far-right bloc in January in return for their support in his quest to gain the speaker's gavel -- among them, a rule change that allows just one member to file such a "motion to vacate." The post Hardline US Republican launches bid to oust House speaker appeared first on Daily Tribune......»»
Converge’s 2-M reach mirrors strong demand for cheap internet plans
Converge ICT Solutions Inc.'s low-cost plans have reached more than two million homes, which signifies the strong mass market demand for efficient and affordable internet services. Converge CEO and Co-Founder Dennis Anthony Uy said on Monday that the company will beef up its product portfolio to better serve customers from different income groups. “We are proud to mark this milestone in our mission to leave no one behind as we empower Filipinos with world-class fiber connectivity. This is a result of our effort to expand growth opportunities through providing more affordable connectivity solutions,” Uy said. Converge finished the first half of the year with a total of 1.97 million residential subscribers, including 1.92 million postpaid and 54,000 prepaid customers. It gained over 92,000 net additional subscribers from January to June. Citing internal data, Converge said August has been its best-performing month in terms of sales. As such, analysts expect an upsurge in sales in the second half of the year. “We are encouraged by the continued growth of our residential subscriber base in the first half of 2023. This is further proof of the superiority of our broadband product, coupled with our people’s laser focus on meeting customers’ needs,” said Converge COO Jesus C. Romero. Converge has launched a prepaid product called Surf2Sawa or S2S, which is gaining traction among budget-conscious customers. The market's positive reception of the product was reflected in the 77 percent growth, with over 25,000 net additions in the second quarter compared to the previous quarter. Its postpaid subscribers sustained its steady growth as the newly-introduced low-cost postpaid plan BIDA Fiber complemented the company’s core product, FiberX, which starts at P1,500 a month with a speed of 200 Mbps. Meanwhile, BIDA Fiber costs P888 per month with a speed of 35 Mbps to connect a maximum of six devices. All three products (FiberX, BIDA, and S2S) offer unlimited data consumption. Converge presently operates the biggest fiber-to-the-home network in the country with more than 7.8 million ports nationwide, as of the first half of the year, as well as one of the country's most extensive cable systems with 670,000-kilometer fiber backbone. As of the end of June 2023, its network infrastructure has passed over 16.6 million Filipino homes, equivalent to 62.3 percent of household coverage nationwide. The post Converge’s 2-M reach mirrors strong demand for cheap internet plans appeared first on Daily Tribune......»»
CAAP to explore alternative approaches for sustainability in airports
Following its completion at Borongan Airport, the Civil Aviation Authority of the Philippines (CAAP) will extend the use of its modular construction method to two additional airports throughout the country. In order to quickly address passenger concerns, CAAP is aggressively implementing alternative strategies, such as check-in areas and passenger terminal buildings (PTBs) with constrained space. In order to address these untapped potentials, CAAP seeks to construct surroundings that are both compliant with international standards and conducive to travelers while also being more roomy, effective, and welcoming. CAAP said that the modular construction system, which was initially piloted at Borongan Airport, offers a sustainable approach to constructing terminal facilities with passenger amenities as it minimizes construction waste. It uses pre-fabricated structural steel, a sustainable and cost-effective approach that allows for flexibility in design and rapid construction. In addition, the extra modules will integrate perfectly with the current buildings, producing a unified and contemporary terminal environment. On the strength of Borongan Airport's accomplishments, CAAP has selected two new airports where this building system will be used. With a budget of 36 million pesos, Laguindingan Airport is scheduled to start construction by December 2023 and is anticipated to be operational after six (6) months. Ozamis Airport is also being considered for the new construction system in order to support the increased passenger traffic. CAAP Director General Captain Manuel Antonio Tamayo shared his enthusiasm, stating, "We are keen on bringing the benefits of the modular construction system to more airports nationwide as it will pave the way for us to prioritize sustainability in our development projects." In addition to the expansion of the use of modular construction systems, CAAP also shares that turboprop operations in its airports do not require the use of boarding bridges, and these operations can be extended to principal Class 1 airports with the same aircraft type. DG Tamayo added that as passenger demands continue to grow, CAAP dedicates itself to ensuring that airports across the country are equipped to meet the changing demands of air travel while maintaining sustainability and innovation. The post CAAP to explore alternative approaches for sustainability in airports appeared first on Daily Tribune......»»
8 individuals show interest to be MIC board of directors
Budget Secretary Amenah Pangandaman on Thursday said that eight candidates have already applied for positions on the board of directors at Maharlika Investment Corp. In an interview with reporters in Makati, Pangandaman said that the recommendations are scheduled to be presented to President Ferdinand Marcos Jr. by Monday, 02 October. She mentioned that so far, three individuals have applied for the role of president and chief executive officer of the MIC. However, she acknowledged that additional applications might have been received after she received the latest information. "The information I received initially two weeks ago when we started, it's like there are already seven to eight applicants, mostly from the private sector, not from the government," Pangandaman said. Several sources also told DAILY TRIBUNE that the submission period for nominations and applications ended last 27 September, while the deliberations on the applicants will take place on 29 September. MIC is a state-owned entity responsible for overseeing the Maharlika Investment Fund. The MIF is designed to consolidate government funds for investment in significant ventures, including real estate and financial instruments. On 12 September, the Presidential Communications Office called for applications and nominations, with detailed criteria and information available on the Department of Budget and Management website. In July, Finance Secretary Benjamin Diokno announced that the MIF is anticipated to start its operations by early 2024, following the enactment of the legislation earlier in the same month. In January, during his opening remarks at the Philippines Country Strategy Dialogue in Davos, Marcos highlighted the MIF and its role in financing essential infrastructure projects. The post 8 individuals show interest to be MIC board of directors appeared first on Daily Tribune......»»