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WITH over 5,500 people participating, the Philippines yesterday (Saturday) set a new Guinness World Record for the largest human lung formation at the Quirino Grandstand in the City of Manila. According to the Department of Health (DOH), a total of 5,596 individuals participated in the human lung formation held to beat the previous record set by India back in 2017. "Mga Kababayan, we did it! We are a Guiness World Record Holder! Mabuhay ang Pilipinas! Sa Bayanihan, TB ay Tuldukan! Yes we can End TB!" said Health Secretary Teodoro Herbosa during the event. The previous world record for the largest human image of an organ was set in New Delhi, India on December 23, 2017, with 5,003 participants.The number is lower than the earlier projection by the DOH, which anticipated over 8,000 participants to join the event.In a separate statement, Herbosa said the historic event was held to raise global awareness about tuberculosis (TB) and eradicate the stigma surrounding the disease. "Our attempt to break the Guinness World Record isn't just about setting records. It’s a call to action and a show of our shared commitment to overcome the challenges posed by tuberculosis," he said. "It's a movement to reshape perceptions, break stigma, and advance the global conversation on tuberculosis," added Herbosa.The Philippines has the third-highest number of TB cases worldwide.In 2023 alone, DOH data shows that there were 549 new and relapse TB cases per 100,000 population. (HDT/SunStar Philippines) The 6 best casinos in Philippines Philippines EXPECTED to provide better opportunity for micro, small and medium enterprises (MSMEs), the Philippines has inked the second protocol to the Asean-Australia-New Zealand Free Trade Agreement (AANZFTA).President Ferdinand Marcos Jr. made the announcement during the leaders’ plenary at the Asean-Australia Special Summit in Melbourne on Wednesday, March 6, 2024.Marcos expressed confidence that the pact will continue to be responsive to the evolving multidimensional challenges in the business environment and complement region-to-region efforts to strengthen supply chain resilience, the expansion of trade and investment, inclusivity and sustainable development.“The Protocol will indeed benefit micro, small, and medium enterprises (MSMEs) inasmuch as it facilitates their participation in international trade by improving their access to markets and participation in the global value chains, as well as promoting the use of e-commerce,” he said.“With the momentum from the CEO Forum yesterday, and AANZFTA together with the Regional Comprehensive Economic Partnership (RCEP) Agreement, we are confident that we will usher in even more robust economic cooperation within our region and provide a legal framework for a more prosperous future,” he added.The AANZFTA is a comprehensive and single-undertaking free trade agreement that uncovers and creates new opportunities for approximately 663 million individuals in Asean, Australia and New Zealand, which has a combined Gross Domestic Product of approximately $4 trillion as of 2016.It aims for a sustainable economic growth in the region by providing a more liberal, facilitative and transparent market and investment regimes among the twelve signatories to the agreement such which also includes Brunei Darussalam, Cambodia, Indonesia, Lao DPR, Malaysia, Myanmar, Singapore, Thailand and Viet Nam.Through the AANZFTA, tariffs will be progressively reduced from entry into force of the agreement, and eliminated for at least 90 percent of all tariff lines within specified timelines; movement of goods will be facilitated via a more modern and flexible rules of origin, simplified customs procedures, and more transparent mechanisms; and barriers to trade in services will be progressively liberalized allowing for greater market access to service suppliers in the region.The movement of business persons, those engaged in trade and investment activities, will be facilitated under the agreement; and covered investments will be accorded a range of protection, including the possibility of dealing with disputes via an investor-state dispute settlement mechanism.Meanwhile, Marcos welcomed Australia’s Southeast Asia Economic Strategy to 2040, an elaborate plan aiming to broaden and deepen the economic ties between Asean and Australia.He said the Philippines is looking forward to expanding the collaboration on agriculture and food security, digital economy, infrastructure, tourism and healthcare, which are key to achieving a strongly rooted, comfortable, and secure future for Filipinos and Asean citizens.“Through these 50 years, Australia has proven, time and again, its support for Asean as it continues its positive role in ensuring peace and stability in our region and our immediate neighborhood, now referred to as the Indo-Pacific,” said Marcos.“In Asean, Australia has consistently supported all Asean-led mechanisms through these 50 years. We appreciate the evolution of Australia’s strategic approach towards the region from the mere confines of the Asia-Pacific to our now wider common interests in the Indo-Pacific,” he added.He encouraged Australia to continue its active engagement both bilaterally and through Asean to ensure the primacy of peace and stability through confidence building, preventive diplomacy, and conflict resolution in the region.The chief executive also highlighted the country’s efforts in taking “bold and decisive actions” both domestically and in the international fora for climate change as it remains vulnerable to the harsh effects of climate change.Marcos reiterated the offer to host the Board of the Loss and Damage Fund for climate change noting that it would showcase its global commitment to inclusivity, ensuring that the voices and experiences of the most affected countries are heard and considered in shaping the most urgent of global climate policies.“In the Philippines, we have taken concrete actions by implementing policies and initiatives to reduce emissions by catalyzing investments in our rich sources of renewable energy,” he said. (TPM/SunStar Philippines)

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EXPECTED to provide better opportunity for micro, small and medium enterprises (MSMEs), the Philippines has inked the second protocol to the Asean-Australia-New Zealand Free Trade Agreement (AANZFTA).President Ferdinand Marcos Jr. made the announcement during the leaders’ plenary at the Asean-Australia Special Summit in Melbourne on Wednesday, March 6, 2024.Marcos expressed confidence that the pact will continue to be responsive to the evolving multidimensional challenges in the business environment and complement region-to-region efforts to strengthen supply chain resilience, the expansion of trade and investment, inclusivity and sustainable development.“The Protocol will indeed benefit micro, small, and medium enterprises (MSMEs) inasmuch as it facilitates their participation in international trade by improving their access to markets and participation in the global value chains, as well as promoting the use of e-commerce,” he said.“With the momentum from the CEO Forum yesterday, and AANZFTA together with the Regional Comprehensive Economic Partnership (RCEP) Agreement, we are confident that we will usher in even more robust economic cooperation within our region and provide a legal framework for a more prosperous future,” he added.The AANZFTA is a comprehensive and single-undertaking free trade agreement that uncovers and creates new opportunities for approximately 663 million individuals in Asean, Australia and New Zealand, which has a combined Gross Domestic Product of approximately $4 trillion as of 2016.It aims for a sustainable economic growth in the region by providing a more liberal, facilitative and transparent market and investment regimes among the twelve signatories to the agreement such which also includes Brunei Darussalam, Cambodia, Indonesia, Lao DPR, Malaysia, Myanmar, Singapore, Thailand and Viet Nam.Through the AANZFTA, tariffs will be progressively reduced from entry into force of the agreement, and eliminated for at least 90 percent of all tariff lines within specified timelines; movement of goods will be facilitated via a more modern and flexible rules of origin, simplified customs procedures, and more transparent mechanisms; and barriers to trade in services will be progressively liberalized allowing for greater market access to service suppliers in the region.The movement of business persons, those engaged in trade and investment activities, will be facilitated under the agreement; and covered investments will be accorded a range of protection, including the possibility of dealing with disputes via an investor-state dispute settlement mechanism.Meanwhile, Marcos welcomed Australia’s Southeast Asia Economic Strategy to 2040, an elaborate plan aiming to broaden and deepen the economic ties between Asean and Australia.He said the Philippines is looking forward to expanding the collaboration on agriculture and food security, digital economy, infrastructure, tourism and healthcare, which are key to achieving a strongly rooted, comfortable, and secure future for Filipinos and Asean citizens.“Through these 50 years, Australia has proven, time and again, its support for Asean as it continues its positive role in ensuring peace and stability in our region and our immediate neighborhood, now referred to as the Indo-Pacific,” said Marcos.“In Asean, Australia has consistently supported all Asean-led mechanisms through these 50 years. We appreciate the evolution of Australia’s strategic approach towards the region from the mere confines of the Asia-Pacific to our now wider common interests in the Indo-Pacific,” he added.He encouraged Australia to continue its active engagement both bilaterally and through Asean to ensure the primacy of peace and stability through confidence building, preventive diplomacy, and conflict resolution in the region.The chief executive also highlighted the country’s efforts in taking “bold and decisive actions” both domestically and in the international fora for climate change as it remains vulnerable to the harsh effects of climate change.Marcos reiterated the offer to host the Board of the Loss and Damage Fund for climate change noting that it would showcase its global commitment to inclusivity, ensuring that the voices and experiences of the most affected countries are heard and considered in shaping the most urgent of global climate policies.“In the Philippines, we have taken concrete actions by implementing policies and initiatives to reduce emissions by catalyzing investments in our rich sources of renewable energy,” he said. (TPM/SunStar Philippines) Is sportsbook rigged? FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA).The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr. “This is certainly a welcome development for this long overdue project. NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience. The NAIA PPP project has been in the works for three decades, spanning six administrations. It has finally turned into a reality under the Marcos Jr. administration,” Recto said.With an estimated project cost of P170.6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway.A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process.The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board.The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023. The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history.The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year. This capacity was breached as early as 2015 when NAIA serviced 36.7 million passengers and 47.9 million during peak.Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion.On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82.16 percent of future gross revenues with the government –– passenger service charges not included.The Consortium comprises San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities.According to the DOTr, the concessionaire will begin operating the airport in three to six months. The public can expect service improvements as early as the first year of operations.The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments.The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction.The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years. This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22.05 billion.The total capital outlay for NAIA from the MIAA corporate operating budget was P13.56 billion from 2012 to 2022. Only P8.26 billion of this amount was disbursed during the said period.The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82.16 percent National Government revenue share, excluding passenger service charges. (PR)

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FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA).The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr. “This is certainly a welcome development for this long overdue project. NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience. The NAIA PPP project has been in the works for three decades, spanning six administrations. It has finally turned into a reality under the Marcos Jr. administration,” Recto said.With an estimated project cost of P170.6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway.A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process.The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board.The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023. The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history.The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year. This capacity was breached as early as 2015 when NAIA serviced 36.7 million passengers and 47.9 million during peak.Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion.On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82.16 percent of future gross revenues with the government –– passenger service charges not included.The Consortium comprises San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities.According to the DOTr, the concessionaire will begin operating the airport in three to six months. The public can expect service improvements as early as the first year of operations.The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments.The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction.The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years. This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22.05 billion.The total capital outlay for NAIA from the MIAA corporate operating budget was P13.56 billion from 2012 to 2022. Only P8.26 billion of this amount was disbursed during the said period.The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82.16 percent National Government revenue share, excluding passenger service charges. (PR) Is sportsbook rigged? WITH over 5,500 people participating, the Philippines yesterday (Saturday) set a new Guinness World Record for the largest human lung formation at the Quirino Grandstand in the City of Manila. According to the Department of Health (DOH), a total of 5,596 individuals participated in the human lung formation held to beat the previous record set by India back in 2017. "Mga Kababayan, we did it! We are a Guiness World Record Holder! Mabuhay ang Pilipinas! Sa Bayanihan, TB ay Tuldukan! Yes we can End TB!" said Health Secretary Teodoro Herbosa during the event. The previous world record for the largest human image of an organ was set in New Delhi, India on December 23, 2017, with 5,003 participants.The number is lower than the earlier projection by the DOH, which anticipated over 8,000 participants to join the event.In a separate statement, Herbosa said the historic event was held to raise global awareness about tuberculosis (TB) and eradicate the stigma surrounding the disease. "Our attempt to break the Guinness World Record isn't just about setting records. It’s a call to action and a show of our shared commitment to overcome the challenges posed by tuberculosis," he said. "It's a movement to reshape perceptions, break stigma, and advance the global conversation on tuberculosis," added Herbosa.The Philippines has the third-highest number of TB cases worldwide.In 2023 alone, DOH data shows that there were 549 new and relapse TB cases per 100,000 population. (HDT/SunStar Philippines)

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WITH over 5,500 people participating, the Philippines yesterday (Saturday) set a new Guinness World Record for the largest human lung formation at the Quirino Grandstand in the City of Manila. According to the Department of Health (DOH), a total of 5,596 individuals participated in the human lung formation held to beat the previous record set by India back in 2017. "Mga Kababayan, we did it! We are a Guiness World Record Holder! Mabuhay ang Pilipinas! Sa Bayanihan, TB ay Tuldukan! Yes we can End TB!" said Health Secretary Teodoro Herbosa during the event. The previous world record for the largest human image of an organ was set in New Delhi, India on December 23, 2017, with 5,003 participants.The number is lower than the earlier projection by the DOH, which anticipated over 8,000 participants to join the event.In a separate statement, Herbosa said the historic event was held to raise global awareness about tuberculosis (TB) and eradicate the stigma surrounding the disease. "Our attempt to break the Guinness World Record isn't just about setting records. It’s a call to action and a show of our shared commitment to overcome the challenges posed by tuberculosis," he said. "It's a movement to reshape perceptions, break stigma, and advance the global conversation on tuberculosis," added Herbosa.The Philippines has the third-highest number of TB cases worldwide.In 2023 alone, DOH data shows that there were 549 new and relapse TB cases per 100,000 population. (HDT/SunStar Philippines), check the following table to see what categories most online casinos in the Philippines fit in.

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EXPECTED to provide better opportunity for micro, small and medium enterprises (MSMEs), the Philippines has inked the second protocol to the Asean-Australia-New Zealand Free Trade Agreement (AANZFTA).President Ferdinand Marcos Jr. made the announcement during the leaders’ plenary at the Asean-Australia Special Summit in Melbourne on Wednesday, March 6, 2024.Marcos expressed confidence that the pact will continue to be responsive to the evolving multidimensional challenges in the business environment and complement region-to-region efforts to strengthen supply chain resilience, the expansion of trade and investment, inclusivity and sustainable development.“The Protocol will indeed benefit micro, small, and medium enterprises (MSMEs) inasmuch as it facilitates their participation in international trade by improving their access to markets and participation in the global value chains, as well as promoting the use of e-commerce,” he said.“With the momentum from the CEO Forum yesterday, and AANZFTA together with the Regional Comprehensive Economic Partnership (RCEP) Agreement, we are confident that we will usher in even more robust economic cooperation within our region and provide a legal framework for a more prosperous future,” he added.The AANZFTA is a comprehensive and single-undertaking free trade agreement that uncovers and creates new opportunities for approximately 663 million individuals in Asean, Australia and New Zealand, which has a combined Gross Domestic Product of approximately $4 trillion as of 2016.It aims for a sustainable economic growth in the region by providing a more liberal, facilitative and transparent market and investment regimes among the twelve signatories to the agreement such which also includes Brunei Darussalam, Cambodia, Indonesia, Lao DPR, Malaysia, Myanmar, Singapore, Thailand and Viet Nam.Through the AANZFTA, tariffs will be progressively reduced from entry into force of the agreement, and eliminated for at least 90 percent of all tariff lines within specified timelines; movement of goods will be facilitated via a more modern and flexible rules of origin, simplified customs procedures, and more transparent mechanisms; and barriers to trade in services will be progressively liberalized allowing for greater market access to service suppliers in the region.The movement of business persons, those engaged in trade and investment activities, will be facilitated under the agreement; and covered investments will be accorded a range of protection, including the possibility of dealing with disputes via an investor-state dispute settlement mechanism.Meanwhile, Marcos welcomed Australia’s Southeast Asia Economic Strategy to 2040, an elaborate plan aiming to broaden and deepen the economic ties between Asean and Australia.He said the Philippines is looking forward to expanding the collaboration on agriculture and food security, digital economy, infrastructure, tourism and healthcare, which are key to achieving a strongly rooted, comfortable, and secure future for Filipinos and Asean citizens.“Through these 50 years, Australia has proven, time and again, its support for Asean as it continues its positive role in ensuring peace and stability in our region and our immediate neighborhood, now referred to as the Indo-Pacific,” said Marcos.“In Asean, Australia has consistently supported all Asean-led mechanisms through these 50 years. We appreciate the evolution of Australia’s strategic approach towards the region from the mere confines of the Asia-Pacific to our now wider common interests in the Indo-Pacific,” he added.He encouraged Australia to continue its active engagement both bilaterally and through Asean to ensure the primacy of peace and stability through confidence building, preventive diplomacy, and conflict resolution in the region.The chief executive also highlighted the country’s efforts in taking “bold and decisive actions” both domestically and in the international fora for climate change as it remains vulnerable to the harsh effects of climate change.Marcos reiterated the offer to host the Board of the Loss and Damage Fund for climate change noting that it would showcase its global commitment to inclusivity, ensuring that the voices and experiences of the most affected countries are heard and considered in shaping the most urgent of global climate policies.“In the Philippines, we have taken concrete actions by implementing policies and initiatives to reduce emissions by catalyzing investments in our rich sources of renewable energy,” he said. (TPM/SunStar Philippines) The 6 best casinos in Philippines . The Best Megapari GCash No.1 for Real Money ▷ Poker Online Philippines ▷ Fishing Game Play at the Top Real Money Casino, Win Real Money. here is how to register at an online casino site in the Philippines:

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WITH over 5,500 people participating, the Philippines yesterday (Saturday) set a new Guinness World Record for the largest human lung formation at the Quirino Grandstand in the City of Manila. According to the Department of Health (DOH), a total of 5,596 individuals participated in the human lung formation held to beat the previous record set by India back in 2017. "Mga Kababayan, we did it! We are a Guiness World Record Holder! Mabuhay ang Pilipinas! Sa Bayanihan, TB ay Tuldukan! Yes we can End TB!" said Health Secretary Teodoro Herbosa during the event. The previous world record for the largest human image of an organ was set in New Delhi, India on December 23, 2017, with 5,003 participants.The number is lower than the earlier projection by the DOH, which anticipated over 8,000 participants to join the event.In a separate statement, Herbosa said the historic event was held to raise global awareness about tuberculosis (TB) and eradicate the stigma surrounding the disease. "Our attempt to break the Guinness World Record isn't just about setting records. It’s a call to action and a show of our shared commitment to overcome the challenges posed by tuberculosis," he said. "It's a movement to reshape perceptions, break stigma, and advance the global conversation on tuberculosis," added Herbosa.The Philippines has the third-highest number of TB cases worldwide.In 2023 alone, DOH data shows that there were 549 new and relapse TB cases per 100,000 population. (HDT/SunStar Philippines) Is sportsbook rigged? . It’s always a good idea to take your time and make sure you’ve found the best online casino in the Philippines on the online gambling market that can give you what you want.

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EXPECTED to provide better opportunity for micro, small and medium enterprises (MSMEs), the Philippines has inked the second protocol to the Asean-Australia-New Zealand Free Trade Agreement (AANZFTA).President Ferdinand Marcos Jr. made the announcement during the leaders’ plenary at the Asean-Australia Special Summit in Melbourne on Wednesday, March 6, 2024.Marcos expressed confidence that the pact will continue to be responsive to the evolving multidimensional challenges in the business environment and complement region-to-region efforts to strengthen supply chain resilience, the expansion of trade and investment, inclusivity and sustainable development.“The Protocol will indeed benefit micro, small, and medium enterprises (MSMEs) inasmuch as it facilitates their participation in international trade by improving their access to markets and participation in the global value chains, as well as promoting the use of e-commerce,” he said.“With the momentum from the CEO Forum yesterday, and AANZFTA together with the Regional Comprehensive Economic Partnership (RCEP) Agreement, we are confident that we will usher in even more robust economic cooperation within our region and provide a legal framework for a more prosperous future,” he added.The AANZFTA is a comprehensive and single-undertaking free trade agreement that uncovers and creates new opportunities for approximately 663 million individuals in Asean, Australia and New Zealand, which has a combined Gross Domestic Product of approximately $4 trillion as of 2016.It aims for a sustainable economic growth in the region by providing a more liberal, facilitative and transparent market and investment regimes among the twelve signatories to the agreement such which also includes Brunei Darussalam, Cambodia, Indonesia, Lao DPR, Malaysia, Myanmar, Singapore, Thailand and Viet Nam.Through the AANZFTA, tariffs will be progressively reduced from entry into force of the agreement, and eliminated for at least 90 percent of all tariff lines within specified timelines; movement of goods will be facilitated via a more modern and flexible rules of origin, simplified customs procedures, and more transparent mechanisms; and barriers to trade in services will be progressively liberalized allowing for greater market access to service suppliers in the region.The movement of business persons, those engaged in trade and investment activities, will be facilitated under the agreement; and covered investments will be accorded a range of protection, including the possibility of dealing with disputes via an investor-state dispute settlement mechanism.Meanwhile, Marcos welcomed Australia’s Southeast Asia Economic Strategy to 2040, an elaborate plan aiming to broaden and deepen the economic ties between Asean and Australia.He said the Philippines is looking forward to expanding the collaboration on agriculture and food security, digital economy, infrastructure, tourism and healthcare, which are key to achieving a strongly rooted, comfortable, and secure future for Filipinos and Asean citizens.“Through these 50 years, Australia has proven, time and again, its support for Asean as it continues its positive role in ensuring peace and stability in our region and our immediate neighborhood, now referred to as the Indo-Pacific,” said Marcos.“In Asean, Australia has consistently supported all Asean-led mechanisms through these 50 years. We appreciate the evolution of Australia’s strategic approach towards the region from the mere confines of the Asia-Pacific to our now wider common interests in the Indo-Pacific,” he added.He encouraged Australia to continue its active engagement both bilaterally and through Asean to ensure the primacy of peace and stability through confidence building, preventive diplomacy, and conflict resolution in the region.The chief executive also highlighted the country’s efforts in taking “bold and decisive actions” both domestically and in the international fora for climate change as it remains vulnerable to the harsh effects of climate change.Marcos reiterated the offer to host the Board of the Loss and Damage Fund for climate change noting that it would showcase its global commitment to inclusivity, ensuring that the voices and experiences of the most affected countries are heard and considered in shaping the most urgent of global climate policies.“In the Philippines, we have taken concrete actions by implementing policies and initiatives to reduce emissions by catalyzing investments in our rich sources of renewable energy,” he said. (TPM/SunStar Philippines) licensed online casinos FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA).The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr. “This is certainly a welcome development for this long overdue project. NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience. The NAIA PPP project has been in the works for three decades, spanning six administrations. It has finally turned into a reality under the Marcos Jr. administration,” Recto said.With an estimated project cost of P170.6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway.A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process.The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board.The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023. The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history.The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year. This capacity was breached as early as 2015 when NAIA serviced 36.7 million passengers and 47.9 million during peak.Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion.On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82.16 percent of future gross revenues with the government –– passenger service charges not included.The Consortium comprises San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities.According to the DOTr, the concessionaire will begin operating the airport in three to six months. The public can expect service improvements as early as the first year of operations.The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments.The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction.The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years. This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22.05 billion.The total capital outlay for NAIA from the MIAA corporate operating budget was P13.56 billion from 2012 to 2022. Only P8.26 billion of this amount was disbursed during the said period.The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82.16 percent National Government revenue share, excluding passenger service charges. (PR)

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EXPECTED to provide better opportunity for micro, small and medium enterprises (MSMEs), the Philippines has inked the second protocol to the Asean-Australia-New Zealand Free Trade Agreement (AANZFTA).President Ferdinand Marcos Jr. made the announcement during the leaders’ plenary at the Asean-Australia Special Summit in Melbourne on Wednesday, March 6, 2024.Marcos expressed confidence that the pact will continue to be responsive to the evolving multidimensional challenges in the business environment and complement region-to-region efforts to strengthen supply chain resilience, the expansion of trade and investment, inclusivity and sustainable development.“The Protocol will indeed benefit micro, small, and medium enterprises (MSMEs) inasmuch as it facilitates their participation in international trade by improving their access to markets and participation in the global value chains, as well as promoting the use of e-commerce,” he said.“With the momentum from the CEO Forum yesterday, and AANZFTA together with the Regional Comprehensive Economic Partnership (RCEP) Agreement, we are confident that we will usher in even more robust economic cooperation within our region and provide a legal framework for a more prosperous future,” he added.The AANZFTA is a comprehensive and single-undertaking free trade agreement that uncovers and creates new opportunities for approximately 663 million individuals in Asean, Australia and New Zealand, which has a combined Gross Domestic Product of approximately $4 trillion as of 2016.It aims for a sustainable economic growth in the region by providing a more liberal, facilitative and transparent market and investment regimes among the twelve signatories to the agreement such which also includes Brunei Darussalam, Cambodia, Indonesia, Lao DPR, Malaysia, Myanmar, Singapore, Thailand and Viet Nam.Through the AANZFTA, tariffs will be progressively reduced from entry into force of the agreement, and eliminated for at least 90 percent of all tariff lines within specified timelines; movement of goods will be facilitated via a more modern and flexible rules of origin, simplified customs procedures, and more transparent mechanisms; and barriers to trade in services will be progressively liberalized allowing for greater market access to service suppliers in the region.The movement of business persons, those engaged in trade and investment activities, will be facilitated under the agreement; and covered investments will be accorded a range of protection, including the possibility of dealing with disputes via an investor-state dispute settlement mechanism.Meanwhile, Marcos welcomed Australia’s Southeast Asia Economic Strategy to 2040, an elaborate plan aiming to broaden and deepen the economic ties between Asean and Australia.He said the Philippines is looking forward to expanding the collaboration on agriculture and food security, digital economy, infrastructure, tourism and healthcare, which are key to achieving a strongly rooted, comfortable, and secure future for Filipinos and Asean citizens.“Through these 50 years, Australia has proven, time and again, its support for Asean as it continues its positive role in ensuring peace and stability in our region and our immediate neighborhood, now referred to as the Indo-Pacific,” said Marcos.“In Asean, Australia has consistently supported all Asean-led mechanisms through these 50 years. We appreciate the evolution of Australia’s strategic approach towards the region from the mere confines of the Asia-Pacific to our now wider common interests in the Indo-Pacific,” he added.He encouraged Australia to continue its active engagement both bilaterally and through Asean to ensure the primacy of peace and stability through confidence building, preventive diplomacy, and conflict resolution in the region.The chief executive also highlighted the country’s efforts in taking “bold and decisive actions” both domestically and in the international fora for climate change as it remains vulnerable to the harsh effects of climate change.Marcos reiterated the offer to host the Board of the Loss and Damage Fund for climate change noting that it would showcase its global commitment to inclusivity, ensuring that the voices and experiences of the most affected countries are heard and considered in shaping the most urgent of global climate policies.“In the Philippines, we have taken concrete actions by implementing policies and initiatives to reduce emissions by catalyzing investments in our rich sources of renewable energy,” he said. (TPM/SunStar Philippines) The 6 best casinos in Philippines

Some of the most important trends revolve around the changes to the legalisation of online gambling for offshore operators, with President Rodrigo Duterte cracking down on illegal operations in recent years. Otherwise, we’ve identified that the growth in the land-based gambling industry has resulted in job creation for locals, with more than half of all employees in the entertainment sector being employed for gambling and betting activities.

Filipino Player Frequently Asked Questions

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The recommended picks include a carefully selected and researched list of fantastic venues. All best Filipino casinos host a slew of great games from various providers and each one stands out with The 6 best casinos in Philippines . Besides, the PH online casinos are safe, regulated, and trustworthy, above all else.

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Yes, Filipinos should know PH online casinos are legal if hosted by offshore operators. We recommend you stick to Is sportsbook rigged? , as these are legally operating in the country and therefore hold a little risk of being shut down. Avoid shady businesses without official stamps of approval and regular auditing checks.

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If you stick to licensed and regulated operators, you will be in the hands of safe Filipino casino sites. Those have the latest security and encryption technologies in place to protect their users. Gambling can be addictive, so stay safe from its dangers by setting and sticking to a budget. Find the Best Casino Games .

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8 Which online casino in the Philippines offers the most games?

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