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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) Find the Best Casino Games Philippines AFTER the successful demolition of the two skywalks along Osmeña Boulevard, Cebu City Mayor Michael Rama has announced plans to remove all remaining skywalks within the city’s jurisdiction, one by one.Over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, March 14, 2024, Rama said skywalks do not serve their purpose.Rama said skywalks became an interim drop-in center for some mendicants. He said skywalks also became public comfort rooms, living rooms, and living quarters.“Ang mga tawo, they cannot even watch what they will see if they are to watch. Ang problema sa uban mo watch sila pero dili kita,” Rama said.Rama said the skywalk in Day-as has one end connected to a sidewalk. In Banilad, one side of the skywalk ends on a sidewalk, while the other end leads to a jeepney parking lot. Additionally, some skywalks have one end connected to a sidewalk and the other end leading to establishments.He also noted that the skywalk in Escario is obstructing the sidewalk.He said skywalks should not obstruct the sidewalk or the roads.He said as a result of these issues, people no longer use the skywalks.He explained that skywalks would only be effective if equipped with elevators and escalators, but he also emphasized that the city no longer requires such structures. During the program, SunStar Cebu asked Rama what would replace the skywalks, particularly for the benefit of students.He suggested that tunnels or underground pedestrian crossings would be more effective, allowing people to cross streets underground, similar to practices observed worldwide.He said there are no skywalks in Melbourne, Australia and other countries.He said when he was in Boston, he was told to expose the sky, not create obstructions, deeming skywalks as obstructions.He said underground crossing pedestrians exist in Quiapo.In a follow-up phone interview on Thursday, Rama said that all skywalks have not served their purpose, considering why they were constructed and why the Office of the Building Officials (OBO) allowed them during those times.Asked regarding the target completion of the removal of all skywalks, Rama said not to worry much about it, saying they have already removed at least two along Osmeña Boulevard.Rama said he will be meeting OBO, the city engineering office, City Planning and Development Office (CPDO) to discuss the matter.The two skywalks along Osmeña Boulevard, one standing near Fuente Osmeña Circle and the other Cebu Normal University, were successfully removed last February 18 and February 25, 2024, respectively.The main slabs of the two skywalks were stored in the city’s engineering office junkyard in the South Road Properties, awaiting evaluation to determine their viability and structural integrity for potential repurposing. 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AFTER the successful demolition of the two skywalks along Osmeña Boulevard, Cebu City Mayor Michael Rama has announced plans to remove all remaining skywalks within the city’s jurisdiction, one by one.Over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, March 14, 2024, Rama said skywalks do not serve their purpose.Rama said skywalks became an interim drop-in center for some mendicants. He said skywalks also became public comfort rooms, living rooms, and living quarters.“Ang mga tawo, they cannot even watch what they will see if they are to watch. Ang problema sa uban mo watch sila pero dili kita,” Rama said.Rama said the skywalk in Day-as has one end connected to a sidewalk. In Banilad, one side of the skywalk ends on a sidewalk, while the other end leads to a jeepney parking lot. Additionally, some skywalks have one end connected to a sidewalk and the other end leading to establishments.He also noted that the skywalk in Escario is obstructing the sidewalk.He said skywalks should not obstruct the sidewalk or the roads.He said as a result of these issues, people no longer use the skywalks.He explained that skywalks would only be effective if equipped with elevators and escalators, but he also emphasized that the city no longer requires such structures. During the program, SunStar Cebu asked Rama what would replace the skywalks, particularly for the benefit of students.He suggested that tunnels or underground pedestrian crossings would be more effective, allowing people to cross streets underground, similar to practices observed worldwide.He said there are no skywalks in Melbourne, Australia and other countries.He said when he was in Boston, he was told to expose the sky, not create obstructions, deeming skywalks as obstructions.He said underground crossing pedestrians exist in Quiapo.In a follow-up phone interview on Thursday, Rama said that all skywalks have not served their purpose, considering why they were constructed and why the Office of the Building Officials (OBO) allowed them during those times.Asked regarding the target completion of the removal of all skywalks, Rama said not to worry much about it, saying they have already removed at least two along Osmeña Boulevard.Rama said he will be meeting OBO, the city engineering office, City Planning and Development Office (CPDO) to discuss the matter.The two skywalks along Osmeña Boulevard, one standing near Fuente Osmeña Circle and the other Cebu Normal University, were successfully removed last February 18 and February 25, 2024, respectively.The main slabs of the two skywalks were stored in the city’s engineering office junkyard in the South Road Properties, awaiting evaluation to determine their viability and structural integrity for potential repurposing. (AML) Recommended Filipino Casino Bonus SEVERAL mountain barangays in Cebu City are suffering from a lack of water and experiencing incidents of bush fires as a result of the dry hot season.This prompted the City Disaster Risk Reduction and Management Council (CDRRMC) to pass a resolution declaring 28 barangays under a state of calamity following the adverse impact of the weather phenomenon El Niño on the farmers in these areas.These include the barangays of Budlaan, Binaliw, Paril, Taptap, Pulangbato, Guba, Cambinocot, Pamutan, Sirao, Sapangdaku, Sudlon 1, Sudlon 2, Bonbon, Buot, and Tagbao.City Disaster Risk Reduction and Management Office (CDRRMO) head Harold Alcontin, in a phone interview on Sunday, March 24, 2024, said over 500 farmers have stopped planting their usual crops due to damage caused by the lack of water which is a result of the dry spell.He was unable to provide a complete list of affected barangays.In an earlier report, City Agriculturist Joelito Baclayon said there are 115 hectares of farm lands in the 28 barangays affected by the extreme weather condition as of March.There are currently 10,719 registered farmers in Cebu City growing lettuce, cabbages, cauliflower, cucumber, eggplants, sweet corn and tomatoes, among others.According to a previous SunStar report, Cebu City’s agriculture industry could produce between P500,000 to P1 million worth of crops daily. The figures could go as high as more than a million a day during peak season.“We have to act now. We will not wait for the worse to come,” Alcontin said in a mix of Cebuano and English.Alcontin said the CDRRMC resolution has been endorsed to the office of City Councilors Phillip Zafra and Joel Garganera for the City Council to adopt it.Once the council declares these barangays under a state of calamity, Alcontin said the barangays can use their calamity funds, while the City Government can use its Local Disaster Risk Reduction and Management Fund (LDRRMF).He said the City currently has P600 million in its calamity and quick response fund and P100 million in its LDRRMF.He said Mayor Michael Rama instructed them to first use the P100 million LDRRMF, considering it’s only the first quarter of the year.The City Agriculture Department (CAD) has prepared P97 million which will be used for assistance to the farmers.SunStar Cebu tried to reach Baclayon on Sunday to get more details, but to no avail.Alcontin said one of the measures they are implementing now is distributing water in the mountain barangays.He said they are also coordinating with the Metropolitan Cebu Water District to deploy their trucks for water rations in Barangays Buot and Pulangbato.In previous reports, Baclayon said 40 percent of the city’s food supply come from its mountain barangays.Alcontin said one of their assignments is to ensure that the city’s food supply is not hampered, hence the declaration of a state of calamity.Alcontin said the CAD and the Department of Veterinary Medicine and Fisheries are also tasked to ensure food supplies in the city remain stable amid the El Niño.The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) declared on Friday, March 22, the start of the “Philippine Summer.”Alfredo Quiblat Jr., chief of Pagasa Visayas, earlier announced that Cebu has officially been under a dry spell since the last week of February.A dry spell refers to three consecutive months of below-normal rainfall, or a drop of 21 percent to 60 percent, or two consecutive months of way below-normal rainfall, or a drop of more than 60 percent.The El Niño phenomenon leads to decreased precipitation or, in some cases, a complete absence of rainfall, which can significantly impact crop yields and pose various environmental and economic challenges.Pagasa also warned that the phenomenon may persist until the end of May. / JJL

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SEVERAL mountain barangays in Cebu City are suffering from a lack of water and experiencing incidents of bush fires as a result of the dry hot season.This prompted the City Disaster Risk Reduction and Management Council (CDRRMC) to pass a resolution declaring 28 barangays under a state of calamity following the adverse impact of the weather phenomenon El Niño on the farmers in these areas.These include the barangays of Budlaan, Binaliw, Paril, Taptap, Pulangbato, Guba, Cambinocot, Pamutan, Sirao, Sapangdaku, Sudlon 1, Sudlon 2, Bonbon, Buot, and Tagbao.City Disaster Risk Reduction and Management Office (CDRRMO) head Harold Alcontin, in a phone interview on Sunday, March 24, 2024, said over 500 farmers have stopped planting their usual crops due to damage caused by the lack of water which is a result of the dry spell.He was unable to provide a complete list of affected barangays.In an earlier report, City Agriculturist Joelito Baclayon said there are 115 hectares of farm lands in the 28 barangays affected by the extreme weather condition as of March.There are currently 10,719 registered farmers in Cebu City growing lettuce, cabbages, cauliflower, cucumber, eggplants, sweet corn and tomatoes, among others.According to a previous SunStar report, Cebu City’s agriculture industry could produce between P500,000 to P1 million worth of crops daily. The figures could go as high as more than a million a day during peak season.“We have to act now. We will not wait for the worse to come,” Alcontin said in a mix of Cebuano and English.Alcontin said the CDRRMC resolution has been endorsed to the office of City Councilors Phillip Zafra and Joel Garganera for the City Council to adopt it.Once the council declares these barangays under a state of calamity, Alcontin said the barangays can use their calamity funds, while the City Government can use its Local Disaster Risk Reduction and Management Fund (LDRRMF).He said the City currently has P600 million in its calamity and quick response fund and P100 million in its LDRRMF.He said Mayor Michael Rama instructed them to first use the P100 million LDRRMF, considering it’s only the first quarter of the year.The City Agriculture Department (CAD) has prepared P97 million which will be used for assistance to the farmers.SunStar Cebu tried to reach Baclayon on Sunday to get more details, but to no avail.Alcontin said one of the measures they are implementing now is distributing water in the mountain barangays.He said they are also coordinating with the Metropolitan Cebu Water District to deploy their trucks for water rations in Barangays Buot and Pulangbato.In previous reports, Baclayon said 40 percent of the city’s food supply come from its mountain barangays.Alcontin said one of their assignments is to ensure that the city’s food supply is not hampered, hence the declaration of a state of calamity.Alcontin said the CAD and the Department of Veterinary Medicine and Fisheries are also tasked to ensure food supplies in the city remain stable amid the El Niño.The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) declared on Friday, March 22, the start of the “Philippine Summer.”Alfredo Quiblat Jr., chief of Pagasa Visayas, earlier announced that Cebu has officially been under a dry spell since the last week of February.A dry spell refers to three consecutive months of below-normal rainfall, or a drop of 21 percent to 60 percent, or two consecutive months of way below-normal rainfall, or a drop of more than 60 percent.The El Niño phenomenon leads to decreased precipitation or, in some cases, a complete absence of rainfall, which can significantly impact crop yields and pose various environmental and economic challenges.Pagasa also warned that the phenomenon may persist until the end of May. / JJL Recommended Filipino Casino Bonus 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), check the following table to see what categories most online casinos in the Philippines fit in.

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AFTER the successful demolition of the two skywalks along Osmeña Boulevard, Cebu City Mayor Michael Rama has announced plans to remove all remaining skywalks within the city’s jurisdiction, one by one.Over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, March 14, 2024, Rama said skywalks do not serve their purpose.Rama said skywalks became an interim drop-in center for some mendicants. He said skywalks also became public comfort rooms, living rooms, and living quarters.“Ang mga tawo, they cannot even watch what they will see if they are to watch. Ang problema sa uban mo watch sila pero dili kita,” Rama said.Rama said the skywalk in Day-as has one end connected to a sidewalk. In Banilad, one side of the skywalk ends on a sidewalk, while the other end leads to a jeepney parking lot. Additionally, some skywalks have one end connected to a sidewalk and the other end leading to establishments.He also noted that the skywalk in Escario is obstructing the sidewalk.He said skywalks should not obstruct the sidewalk or the roads.He said as a result of these issues, people no longer use the skywalks.He explained that skywalks would only be effective if equipped with elevators and escalators, but he also emphasized that the city no longer requires such structures. During the program, SunStar Cebu asked Rama what would replace the skywalks, particularly for the benefit of students.He suggested that tunnels or underground pedestrian crossings would be more effective, allowing people to cross streets underground, similar to practices observed worldwide.He said there are no skywalks in Melbourne, Australia and other countries.He said when he was in Boston, he was told to expose the sky, not create obstructions, deeming skywalks as obstructions.He said underground crossing pedestrians exist in Quiapo.In a follow-up phone interview on Thursday, Rama said that all skywalks have not served their purpose, considering why they were constructed and why the Office of the Building Officials (OBO) allowed them during those times.Asked regarding the target completion of the removal of all skywalks, Rama said not to worry much about it, saying they have already removed at least two along Osmeña Boulevard.Rama said he will be meeting OBO, the city engineering office, City Planning and Development Office (CPDO) to discuss the matter.The two skywalks along Osmeña Boulevard, one standing near Fuente Osmeña Circle and the other Cebu Normal University, were successfully removed last February 18 and February 25, 2024, respectively.The main slabs of the two skywalks were stored in the city’s engineering office junkyard in the South Road Properties, awaiting evaluation to determine their viability and structural integrity for potential repurposing. (AML) Find the Best Casino Games . Find out the specifics to casino promotions in our dedicated PH online casino bonuses article and get the lowdown on the different rewards, Your dedicated is Win the money! here is how to register at an online casino site in the Philippines:

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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) Recommended Filipino Casino Bonus . 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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AFTER the successful demolition of the two skywalks along Osmeña Boulevard, Cebu City Mayor Michael Rama has announced plans to remove all remaining skywalks within the city’s jurisdiction, one by one.Over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, March 14, 2024, Rama said skywalks do not serve their purpose.Rama said skywalks became an interim drop-in center for some mendicants. He said skywalks also became public comfort rooms, living rooms, and living quarters.“Ang mga tawo, they cannot even watch what they will see if they are to watch. Ang problema sa uban mo watch sila pero dili kita,” Rama said.Rama said the skywalk in Day-as has one end connected to a sidewalk. In Banilad, one side of the skywalk ends on a sidewalk, while the other end leads to a jeepney parking lot. Additionally, some skywalks have one end connected to a sidewalk and the other end leading to establishments.He also noted that the skywalk in Escario is obstructing the sidewalk.He said skywalks should not obstruct the sidewalk or the roads.He said as a result of these issues, people no longer use the skywalks.He explained that skywalks would only be effective if equipped with elevators and escalators, but he also emphasized that the city no longer requires such structures. During the program, SunStar Cebu asked Rama what would replace the skywalks, particularly for the benefit of students.He suggested that tunnels or underground pedestrian crossings would be more effective, allowing people to cross streets underground, similar to practices observed worldwide.He said there are no skywalks in Melbourne, Australia and other countries.He said when he was in Boston, he was told to expose the sky, not create obstructions, deeming skywalks as obstructions.He said underground crossing pedestrians exist in Quiapo.In a follow-up phone interview on Thursday, Rama said that all skywalks have not served their purpose, considering why they were constructed and why the Office of the Building Officials (OBO) allowed them during those times.Asked regarding the target completion of the removal of all skywalks, Rama said not to worry much about it, saying they have already removed at least two along Osmeña Boulevard.Rama said he will be meeting OBO, the city engineering office, City Planning and Development Office (CPDO) to discuss the matter.The two skywalks along Osmeña Boulevard, one standing near Fuente Osmeña Circle and the other Cebu Normal University, were successfully removed last February 18 and February 25, 2024, respectively.The main slabs of the two skywalks were stored in the city’s engineering office junkyard in the South Road Properties, awaiting evaluation to determine their viability and structural integrity for potential repurposing. (AML) licensed online casinos SEVERAL mountain barangays in Cebu City are suffering from a lack of water and experiencing incidents of bush fires as a result of the dry hot season.This prompted the City Disaster Risk Reduction and Management Council (CDRRMC) to pass a resolution declaring 28 barangays under a state of calamity following the adverse impact of the weather phenomenon El Niño on the farmers in these areas.These include the barangays of Budlaan, Binaliw, Paril, Taptap, Pulangbato, Guba, Cambinocot, Pamutan, Sirao, Sapangdaku, Sudlon 1, Sudlon 2, Bonbon, Buot, and Tagbao.City Disaster Risk Reduction and Management Office (CDRRMO) head Harold Alcontin, in a phone interview on Sunday, March 24, 2024, said over 500 farmers have stopped planting their usual crops due to damage caused by the lack of water which is a result of the dry spell.He was unable to provide a complete list of affected barangays.In an earlier report, City Agriculturist Joelito Baclayon said there are 115 hectares of farm lands in the 28 barangays affected by the extreme weather condition as of March.There are currently 10,719 registered farmers in Cebu City growing lettuce, cabbages, cauliflower, cucumber, eggplants, sweet corn and tomatoes, among others.According to a previous SunStar report, Cebu City’s agriculture industry could produce between P500,000 to P1 million worth of crops daily. The figures could go as high as more than a million a day during peak season.“We have to act now. We will not wait for the worse to come,” Alcontin said in a mix of Cebuano and English.Alcontin said the CDRRMC resolution has been endorsed to the office of City Councilors Phillip Zafra and Joel Garganera for the City Council to adopt it.Once the council declares these barangays under a state of calamity, Alcontin said the barangays can use their calamity funds, while the City Government can use its Local Disaster Risk Reduction and Management Fund (LDRRMF).He said the City currently has P600 million in its calamity and quick response fund and P100 million in its LDRRMF.He said Mayor Michael Rama instructed them to first use the P100 million LDRRMF, considering it’s only the first quarter of the year.The City Agriculture Department (CAD) has prepared P97 million which will be used for assistance to the farmers.SunStar Cebu tried to reach Baclayon on Sunday to get more details, but to no avail.Alcontin said one of the measures they are implementing now is distributing water in the mountain barangays.He said they are also coordinating with the Metropolitan Cebu Water District to deploy their trucks for water rations in Barangays Buot and Pulangbato.In previous reports, Baclayon said 40 percent of the city’s food supply come from its mountain barangays.Alcontin said one of their assignments is to ensure that the city’s food supply is not hampered, hence the declaration of a state of calamity.Alcontin said the CAD and the Department of Veterinary Medicine and Fisheries are also tasked to ensure food supplies in the city remain stable amid the El Niño.The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) declared on Friday, March 22, the start of the “Philippine Summer.”Alfredo Quiblat Jr., chief of Pagasa Visayas, earlier announced that Cebu has officially been under a dry spell since the last week of February.A dry spell refers to three consecutive months of below-normal rainfall, or a drop of 21 percent to 60 percent, or two consecutive months of way below-normal rainfall, or a drop of more than 60 percent.The El Niño phenomenon leads to decreased precipitation or, in some cases, a complete absence of rainfall, which can significantly impact crop yields and pose various environmental and economic challenges.Pagasa also warned that the phenomenon may persist until the end of May. / JJL

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AFTER the successful demolition of the two skywalks along Osmeña Boulevard, Cebu City Mayor Michael Rama has announced plans to remove all remaining skywalks within the city’s jurisdiction, one by one.Over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, March 14, 2024, Rama said skywalks do not serve their purpose.Rama said skywalks became an interim drop-in center for some mendicants. He said skywalks also became public comfort rooms, living rooms, and living quarters.“Ang mga tawo, they cannot even watch what they will see if they are to watch. Ang problema sa uban mo watch sila pero dili kita,” Rama said.Rama said the skywalk in Day-as has one end connected to a sidewalk. In Banilad, one side of the skywalk ends on a sidewalk, while the other end leads to a jeepney parking lot. Additionally, some skywalks have one end connected to a sidewalk and the other end leading to establishments.He also noted that the skywalk in Escario is obstructing the sidewalk.He said skywalks should not obstruct the sidewalk or the roads.He said as a result of these issues, people no longer use the skywalks.He explained that skywalks would only be effective if equipped with elevators and escalators, but he also emphasized that the city no longer requires such structures. During the program, SunStar Cebu asked Rama what would replace the skywalks, particularly for the benefit of students.He suggested that tunnels or underground pedestrian crossings would be more effective, allowing people to cross streets underground, similar to practices observed worldwide.He said there are no skywalks in Melbourne, Australia and other countries.He said when he was in Boston, he was told to expose the sky, not create obstructions, deeming skywalks as obstructions.He said underground crossing pedestrians exist in Quiapo.In a follow-up phone interview on Thursday, Rama said that all skywalks have not served their purpose, considering why they were constructed and why the Office of the Building Officials (OBO) allowed them during those times.Asked regarding the target completion of the removal of all skywalks, Rama said not to worry much about it, saying they have already removed at least two along Osmeña Boulevard.Rama said he will be meeting OBO, the city engineering office, City Planning and Development Office (CPDO) to discuss the matter.The two skywalks along Osmeña Boulevard, one standing near Fuente Osmeña Circle and the other Cebu Normal University, were successfully removed last February 18 and February 25, 2024, respectively.The main slabs of the two skywalks were stored in the city’s engineering office junkyard in the South Road Properties, awaiting evaluation to determine their viability and structural integrity for potential repurposing. (AML) Find the Best Casino Games

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.

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