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THE Philippine delegation led by President Ferdinand Marcos Jr. has secured $1.53 billion, or P86 billion worth of investment, from 12 business deals inked during the Philippine Business Forum held on the sidelines of the Asean-Australia Special Summit in Melbourne, Australia.In his speech during the forum on Monday, March 4, 2024, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said the deals are expected to drive the investment relationships between the Philippines and Australia, and contribute to Philippine economic growth.“These agreements signify our unwavering commitment to excellence and fruitful partnerships spanning diverse sectors such as renewable energy, waste-to-energy technology, organic recycling technology, countryside housing initiatives, the establishment of data center, manufacturing of health technology solutions, and digital health services,” he said.The 12 deals are composed of 10 memoranda of understanding (MOUs) and two letters of intent.The two letters of intent covers the Biomass Fueled (Thorium Pellets) Simple-high-Temperature Gas-cooled Power Plant (STGR20 V) with a 40MW base load power to deliver a safe, sustainable, affordable, CO2 neutral, green base-load energy in the Philippines, as well as for the development of digital health services with a particular focus on Artificial Intelligence and Machine Learning to improve healthcare availability in the Philippines with a particular focus on tuberculosis and other respiratory illness, which is an expansion of the company’s current operations in the Philippines providing telemedicine services to millions of Filipinos.The MOUs cover the development, design, construction, commissioning and funding of a Tier-3 Data Center with a capacity of 30MW-40MW in the Poro Point Freeport Zone, with a land area of approximately 16 hectares; Expansion of Next-Generation Battery Manufacturing in the Philippines; deployment of decarbonization solutions comprising orchestration of renewable energy, storage, and e-mobility to New Clark City Stadium and other Bases Conversion and Development Authority (BCDA) sites to reduce energy costs, reliance on grid power, improve sustainability and achieve progress on decarbonization journey.An MOU for a collaborative partnership on the Development of an Electric Transportation Framework throughout the properties associated with BCDA in the Philippines was also signed along with the Pambansang Pabahay para sa Pilipino (4PH)/Countryside Housing Initiatives (CHI) through the Department of Human Settlements and Urban Development (DHSUD).Other MOUs cover the establishment of collection centers and a recycling facility for plastic waste in the Philippines using innovative organic recycling, synthesis of biomass and carbon utilization and material synthesis technologies from an Australian university, and exports/distribution of the resulting transparent sustainable material for Australian food and beverage companies, as well as for the manufacturing of portable, affordable, and accessible Automated External Defibrillator (AED) solutions and Distribution of portable, affordable, and accessible Automated External Defibrillator (AED) solutions.A partnership between the National Development Company (NDC), the Philippine’s leading state-owned enterprise investing in diverse industries, and an Australian company was also formed for the transfer of its waste-to-energy technology to the Philippines that converts biowaste to green fuel.The NDC looks forward to establishing a globally recognized institute in the Philippines that would be called Southeast Asia Biosecurity Institute (SABI), focused on developing more biosecurity robust supply chains across Southeast Asia that will deliver significant economic, environmental and social benefits for the region.Marcos urged more Australian businessmen to consider investing in the Philippines as he touted the country as an ideal destination for complementation in both manufacturing and services.He also highlighted the country’s steadfast commitment to purposeful reforms, which is evident in key legislative amendments, such as the Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act and the Renewable Energy Act.Macos also noted the Philippine government’s initiatives in streamlining business registration, infrastructure development, and the Comprehensive Tax Reform Program (Create Act), and the overhaul of fiscal incentive structures and responsive policies, including those facilitating public-private partnerships (PPP).He also discussed the newly established Maharlika Investment Fund, the country’s sovereign wealth fund “that underscores dedication to financing priority projects and driving socioeconomic impact.”“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments, streamline regulations, and showcase our unwavering support for businesses,” said Marcos.Marcos expressed gratitude to Australian businessmen who opened their doors for the Philippines.“I invite esteemed Australian businesses to consider the Philippines as a reliable partner that can support your expansion and operations. Let us embark on a journey of strengthened economic ties, mutual growth, and shared success,” he said.“I am hopeful that this will be complemented by other policy tools that will enhance Philippines-Australia supply chain partnerships and facilitate greater foreign direct investments. So in conclusion, let me reiterate our gratitude for your presence and active engagement in this forum. The members of my economic team will provide the support needed by your businesses for investments to continuously grow and prosper. Together with you as our Strategic Partner, we can make investments happen in the Philippines,” he added. (TPM/SunStar Philippines) Is gambling legal in Philippines? Philippines BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC

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BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC How do you conduct an online game? PEDESTRIANS have complained about the alleged poor management and lack of safety precautions with regard to the ongoing implementation of the first package of the Cebu Bus Rapid Transit (CBRT) project. The first package runs 2.38 kilometers from the Cebu South Bus Terminal on N. Bacalso Ave. to the front of the Capitol building along Osmeña Blvd.It passes the Cebu Normal University (CNU), City Central Elementary School and the Abellana National School, which have thousands of students and pupils.A skywalk used to straddle the wide thoroughfare, providing safe crossing, but this was demolished along with the skywalk in front of the Department of Health 7 office last February to make way for the project.Pedestrians, many of them students and pupils from the schools in the vicinity, criticized the lack of signages and insufficient barriers to protect them from passing vehicles.Joshua Dave Ardimer, a student at CNU, told SunStar Cebu on Wednesday, March 12, 2024, that the removal of the skywalk has inconvenienced them, affecting their safety whenever they cross Osmeña Blvd.“In terms of the safety management, I think kailangan siya butangan ug (they need to install) proper precautions na materials or anything na itabon sa mga delikado na (that will cover dangerous) areas,” he said.“There aren’t enough signages (to warn pedestrians), especially with so many schools in the vicinity. You know how unruly elementary pupils can get. So there’s a good chance they’ll get into an accident like hurting themselves from the metal cables that are sticking out from the ground,” he said in a mix of Cebuano and English.Kent Francesco Jongoy, Cebu City Transportation Office legal officer and assistant head, admitted that there are risk hazards in the area, including an open pit and debris from the ongoing civil works of the CBRT project.He urged the Department of Transportation (DOTr) to remind the contractor to strengthen safety measures. Currently the only safety measure in place is a yellow tape that cordons off the excavations, he said.Deployment“I hope the DOTr will also do its job of informing the contractor of the basics of construction safety kay dili man nato malikayan (because it can’t be helped). Asa man nato palakwon ang mga tawo (Where will the people walk)? Adto sa kalsada (On the street)? There’s a portion that is walkable but considering the population of the schools in the area. These are public schools so daghan-daghan gyud ni sila estudyante (there are a lot of students and pupils),” Jongoy said.He said they have deployed 10 traffic enforcers at the intersection of Osmeña Blvd. and P. del Rosario St. and in the near vicinity not only to man traffic but also to assist crossing pedestrians.He said there are two at the corner of R.R. Landon St. and Osmeña Blvd., three at the corner of N. Bacalso and P. del Rosario, three on Leon Kilat St. corner J. Alcantara St. and N. Bacalso, and another two at P. del Rosario corner Junquera St.He said the enforcers work in two shifts, from 6 a.m. to 2 p.m. and from 2 p.m. to 10 p.m.He said patrol teams monitor and handle traffic for the rest of the night until the wee hours of the morning.Jongoy emphasized the need to deploy enforcers to prioritize the safety of pedestrians, many of them students.The DOTr had promised to install pedestrian crossings where the two skywalks stood, but as of press time there were none. Meanwhile, Jongoy asked for the public’s understanding regarding enforcers who take shade, especially during the hottest hours of the day.He said they also need to protect themselves from the intense heat of the sun.Jongoy assured that enforcers are in the middle of intersections manning traffic during peak hours.However, a street vendor who wished not to be identified told SunStar Cebu that they barely feel the presence of the traffic enforcers. “Adto ra gyud siya sa may eskina duol sa traffic lights. Tagsa ra pud sila naa, buntag ra,” the vendor said.(They usually hang out in the corner near the traffic lights. And they’re rarely there, usually in the mornings.) / EHP / BiPSU INTERNS JOSHUA USIGAN, MA. ANNA PRIMERO

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PEDESTRIANS have complained about the alleged poor management and lack of safety precautions with regard to the ongoing implementation of the first package of the Cebu Bus Rapid Transit (CBRT) project. The first package runs 2.38 kilometers from the Cebu South Bus Terminal on N. Bacalso Ave. to the front of the Capitol building along Osmeña Blvd.It passes the Cebu Normal University (CNU), City Central Elementary School and the Abellana National School, which have thousands of students and pupils.A skywalk used to straddle the wide thoroughfare, providing safe crossing, but this was demolished along with the skywalk in front of the Department of Health 7 office last February to make way for the project.Pedestrians, many of them students and pupils from the schools in the vicinity, criticized the lack of signages and insufficient barriers to protect them from passing vehicles.Joshua Dave Ardimer, a student at CNU, told SunStar Cebu on Wednesday, March 12, 2024, that the removal of the skywalk has inconvenienced them, affecting their safety whenever they cross Osmeña Blvd.“In terms of the safety management, I think kailangan siya butangan ug (they need to install) proper precautions na materials or anything na itabon sa mga delikado na (that will cover dangerous) areas,” he said.“There aren’t enough signages (to warn pedestrians), especially with so many schools in the vicinity. You know how unruly elementary pupils can get. So there’s a good chance they’ll get into an accident like hurting themselves from the metal cables that are sticking out from the ground,” he said in a mix of Cebuano and English.Kent Francesco Jongoy, Cebu City Transportation Office legal officer and assistant head, admitted that there are risk hazards in the area, including an open pit and debris from the ongoing civil works of the CBRT project.He urged the Department of Transportation (DOTr) to remind the contractor to strengthen safety measures. Currently the only safety measure in place is a yellow tape that cordons off the excavations, he said.Deployment“I hope the DOTr will also do its job of informing the contractor of the basics of construction safety kay dili man nato malikayan (because it can’t be helped). Asa man nato palakwon ang mga tawo (Where will the people walk)? Adto sa kalsada (On the street)? There’s a portion that is walkable but considering the population of the schools in the area. These are public schools so daghan-daghan gyud ni sila estudyante (there are a lot of students and pupils),” Jongoy said.He said they have deployed 10 traffic enforcers at the intersection of Osmeña Blvd. and P. del Rosario St. and in the near vicinity not only to man traffic but also to assist crossing pedestrians.He said there are two at the corner of R.R. Landon St. and Osmeña Blvd., three at the corner of N. Bacalso and P. del Rosario, three on Leon Kilat St. corner J. Alcantara St. and N. Bacalso, and another two at P. del Rosario corner Junquera St.He said the enforcers work in two shifts, from 6 a.m. to 2 p.m. and from 2 p.m. to 10 p.m.He said patrol teams monitor and handle traffic for the rest of the night until the wee hours of the morning.Jongoy emphasized the need to deploy enforcers to prioritize the safety of pedestrians, many of them students.The DOTr had promised to install pedestrian crossings where the two skywalks stood, but as of press time there were none. Meanwhile, Jongoy asked for the public’s understanding regarding enforcers who take shade, especially during the hottest hours of the day.He said they also need to protect themselves from the intense heat of the sun.Jongoy assured that enforcers are in the middle of intersections manning traffic during peak hours.However, a street vendor who wished not to be identified told SunStar Cebu that they barely feel the presence of the traffic enforcers. “Adto ra gyud siya sa may eskina duol sa traffic lights. Tagsa ra pud sila naa, buntag ra,” the vendor said.(They usually hang out in the corner near the traffic lights. And they’re rarely there, usually in the mornings.) / EHP / BiPSU INTERNS JOSHUA USIGAN, MA. ANNA PRIMERO How do you conduct an online game? THE Philippine delegation led by President Ferdinand Marcos Jr. has secured $1.53 billion, or P86 billion worth of investment, from 12 business deals inked during the Philippine Business Forum held on the sidelines of the Asean-Australia Special Summit in Melbourne, Australia.In his speech during the forum on Monday, March 4, 2024, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said the deals are expected to drive the investment relationships between the Philippines and Australia, and contribute to Philippine economic growth.“These agreements signify our unwavering commitment to excellence and fruitful partnerships spanning diverse sectors such as renewable energy, waste-to-energy technology, organic recycling technology, countryside housing initiatives, the establishment of data center, manufacturing of health technology solutions, and digital health services,” he said.The 12 deals are composed of 10 memoranda of understanding (MOUs) and two letters of intent.The two letters of intent covers the Biomass Fueled (Thorium Pellets) Simple-high-Temperature Gas-cooled Power Plant (STGR20 V) with a 40MW base load power to deliver a safe, sustainable, affordable, CO2 neutral, green base-load energy in the Philippines, as well as for the development of digital health services with a particular focus on Artificial Intelligence and Machine Learning to improve healthcare availability in the Philippines with a particular focus on tuberculosis and other respiratory illness, which is an expansion of the company’s current operations in the Philippines providing telemedicine services to millions of Filipinos.The MOUs cover the development, design, construction, commissioning and funding of a Tier-3 Data Center with a capacity of 30MW-40MW in the Poro Point Freeport Zone, with a land area of approximately 16 hectares; Expansion of Next-Generation Battery Manufacturing in the Philippines; deployment of decarbonization solutions comprising orchestration of renewable energy, storage, and e-mobility to New Clark City Stadium and other Bases Conversion and Development Authority (BCDA) sites to reduce energy costs, reliance on grid power, improve sustainability and achieve progress on decarbonization journey.An MOU for a collaborative partnership on the Development of an Electric Transportation Framework throughout the properties associated with BCDA in the Philippines was also signed along with the Pambansang Pabahay para sa Pilipino (4PH)/Countryside Housing Initiatives (CHI) through the Department of Human Settlements and Urban Development (DHSUD).Other MOUs cover the establishment of collection centers and a recycling facility for plastic waste in the Philippines using innovative organic recycling, synthesis of biomass and carbon utilization and material synthesis technologies from an Australian university, and exports/distribution of the resulting transparent sustainable material for Australian food and beverage companies, as well as for the manufacturing of portable, affordable, and accessible Automated External Defibrillator (AED) solutions and Distribution of portable, affordable, and accessible Automated External Defibrillator (AED) solutions.A partnership between the National Development Company (NDC), the Philippine’s leading state-owned enterprise investing in diverse industries, and an Australian company was also formed for the transfer of its waste-to-energy technology to the Philippines that converts biowaste to green fuel.The NDC looks forward to establishing a globally recognized institute in the Philippines that would be called Southeast Asia Biosecurity Institute (SABI), focused on developing more biosecurity robust supply chains across Southeast Asia that will deliver significant economic, environmental and social benefits for the region.Marcos urged more Australian businessmen to consider investing in the Philippines as he touted the country as an ideal destination for complementation in both manufacturing and services.He also highlighted the country’s steadfast commitment to purposeful reforms, which is evident in key legislative amendments, such as the Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act and the Renewable Energy Act.Macos also noted the Philippine government’s initiatives in streamlining business registration, infrastructure development, and the Comprehensive Tax Reform Program (Create Act), and the overhaul of fiscal incentive structures and responsive policies, including those facilitating public-private partnerships (PPP).He also discussed the newly established Maharlika Investment Fund, the country’s sovereign wealth fund “that underscores dedication to financing priority projects and driving socioeconomic impact.”“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments, streamline regulations, and showcase our unwavering support for businesses,” said Marcos.Marcos expressed gratitude to Australian businessmen who opened their doors for the Philippines.“I invite esteemed Australian businesses to consider the Philippines as a reliable partner that can support your expansion and operations. Let us embark on a journey of strengthened economic ties, mutual growth, and shared success,” he said.“I am hopeful that this will be complemented by other policy tools that will enhance Philippines-Australia supply chain partnerships and facilitate greater foreign direct investments. So in conclusion, let me reiterate our gratitude for your presence and active engagement in this forum. The members of my economic team will provide the support needed by your businesses for investments to continuously grow and prosper. Together with you as our Strategic Partner, we can make investments happen in the Philippines,” he added. (TPM/SunStar Philippines)

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THE Philippine delegation led by President Ferdinand Marcos Jr. has secured $1.53 billion, or P86 billion worth of investment, from 12 business deals inked during the Philippine Business Forum held on the sidelines of the Asean-Australia Special Summit in Melbourne, Australia.In his speech during the forum on Monday, March 4, 2024, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said the deals are expected to drive the investment relationships between the Philippines and Australia, and contribute to Philippine economic growth.“These agreements signify our unwavering commitment to excellence and fruitful partnerships spanning diverse sectors such as renewable energy, waste-to-energy technology, organic recycling technology, countryside housing initiatives, the establishment of data center, manufacturing of health technology solutions, and digital health services,” he said.The 12 deals are composed of 10 memoranda of understanding (MOUs) and two letters of intent.The two letters of intent covers the Biomass Fueled (Thorium Pellets) Simple-high-Temperature Gas-cooled Power Plant (STGR20 V) with a 40MW base load power to deliver a safe, sustainable, affordable, CO2 neutral, green base-load energy in the Philippines, as well as for the development of digital health services with a particular focus on Artificial Intelligence and Machine Learning to improve healthcare availability in the Philippines with a particular focus on tuberculosis and other respiratory illness, which is an expansion of the company’s current operations in the Philippines providing telemedicine services to millions of Filipinos.The MOUs cover the development, design, construction, commissioning and funding of a Tier-3 Data Center with a capacity of 30MW-40MW in the Poro Point Freeport Zone, with a land area of approximately 16 hectares; Expansion of Next-Generation Battery Manufacturing in the Philippines; deployment of decarbonization solutions comprising orchestration of renewable energy, storage, and e-mobility to New Clark City Stadium and other Bases Conversion and Development Authority (BCDA) sites to reduce energy costs, reliance on grid power, improve sustainability and achieve progress on decarbonization journey.An MOU for a collaborative partnership on the Development of an Electric Transportation Framework throughout the properties associated with BCDA in the Philippines was also signed along with the Pambansang Pabahay para sa Pilipino (4PH)/Countryside Housing Initiatives (CHI) through the Department of Human Settlements and Urban Development (DHSUD).Other MOUs cover the establishment of collection centers and a recycling facility for plastic waste in the Philippines using innovative organic recycling, synthesis of biomass and carbon utilization and material synthesis technologies from an Australian university, and exports/distribution of the resulting transparent sustainable material for Australian food and beverage companies, as well as for the manufacturing of portable, affordable, and accessible Automated External Defibrillator (AED) solutions and Distribution of portable, affordable, and accessible Automated External Defibrillator (AED) solutions.A partnership between the National Development Company (NDC), the Philippine’s leading state-owned enterprise investing in diverse industries, and an Australian company was also formed for the transfer of its waste-to-energy technology to the Philippines that converts biowaste to green fuel.The NDC looks forward to establishing a globally recognized institute in the Philippines that would be called Southeast Asia Biosecurity Institute (SABI), focused on developing more biosecurity robust supply chains across Southeast Asia that will deliver significant economic, environmental and social benefits for the region.Marcos urged more Australian businessmen to consider investing in the Philippines as he touted the country as an ideal destination for complementation in both manufacturing and services.He also highlighted the country’s steadfast commitment to purposeful reforms, which is evident in key legislative amendments, such as the Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act and the Renewable Energy Act.Macos also noted the Philippine government’s initiatives in streamlining business registration, infrastructure development, and the Comprehensive Tax Reform Program (Create Act), and the overhaul of fiscal incentive structures and responsive policies, including those facilitating public-private partnerships (PPP).He also discussed the newly established Maharlika Investment Fund, the country’s sovereign wealth fund “that underscores dedication to financing priority projects and driving socioeconomic impact.”“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments, streamline regulations, and showcase our unwavering support for businesses,” said Marcos.Marcos expressed gratitude to Australian businessmen who opened their doors for the Philippines.“I invite esteemed Australian businesses to consider the Philippines as a reliable partner that can support your expansion and operations. Let us embark on a journey of strengthened economic ties, mutual growth, and shared success,” he said.“I am hopeful that this will be complemented by other policy tools that will enhance Philippines-Australia supply chain partnerships and facilitate greater foreign direct investments. So in conclusion, let me reiterate our gratitude for your presence and active engagement in this forum. The members of my economic team will provide the support needed by your businesses for investments to continuously grow and prosper. Together with you as our Strategic Partner, we can make investments happen in the Philippines,” he added. (TPM/SunStar Philippines), check the following table to see what categories most online casinos in the Philippines fit in.

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BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC Is gambling legal in Philippines? . Discover the 🎖️ best online casino in the Philippines and read about the available games, ⭐ top PH bonuses, mobile apps, payments and players' safety. here is how to register at an online casino site in the Philippines:

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THE Philippine delegation led by President Ferdinand Marcos Jr. has secured $1.53 billion, or P86 billion worth of investment, from 12 business deals inked during the Philippine Business Forum held on the sidelines of the Asean-Australia Special Summit in Melbourne, Australia.In his speech during the forum on Monday, March 4, 2024, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said the deals are expected to drive the investment relationships between the Philippines and Australia, and contribute to Philippine economic growth.“These agreements signify our unwavering commitment to excellence and fruitful partnerships spanning diverse sectors such as renewable energy, waste-to-energy technology, organic recycling technology, countryside housing initiatives, the establishment of data center, manufacturing of health technology solutions, and digital health services,” he said.The 12 deals are composed of 10 memoranda of understanding (MOUs) and two letters of intent.The two letters of intent covers the Biomass Fueled (Thorium Pellets) Simple-high-Temperature Gas-cooled Power Plant (STGR20 V) with a 40MW base load power to deliver a safe, sustainable, affordable, CO2 neutral, green base-load energy in the Philippines, as well as for the development of digital health services with a particular focus on Artificial Intelligence and Machine Learning to improve healthcare availability in the Philippines with a particular focus on tuberculosis and other respiratory illness, which is an expansion of the company’s current operations in the Philippines providing telemedicine services to millions of Filipinos.The MOUs cover the development, design, construction, commissioning and funding of a Tier-3 Data Center with a capacity of 30MW-40MW in the Poro Point Freeport Zone, with a land area of approximately 16 hectares; Expansion of Next-Generation Battery Manufacturing in the Philippines; deployment of decarbonization solutions comprising orchestration of renewable energy, storage, and e-mobility to New Clark City Stadium and other Bases Conversion and Development Authority (BCDA) sites to reduce energy costs, reliance on grid power, improve sustainability and achieve progress on decarbonization journey.An MOU for a collaborative partnership on the Development of an Electric Transportation Framework throughout the properties associated with BCDA in the Philippines was also signed along with the Pambansang Pabahay para sa Pilipino (4PH)/Countryside Housing Initiatives (CHI) through the Department of Human Settlements and Urban Development (DHSUD).Other MOUs cover the establishment of collection centers and a recycling facility for plastic waste in the Philippines using innovative organic recycling, synthesis of biomass and carbon utilization and material synthesis technologies from an Australian university, and exports/distribution of the resulting transparent sustainable material for Australian food and beverage companies, as well as for the manufacturing of portable, affordable, and accessible Automated External Defibrillator (AED) solutions and Distribution of portable, affordable, and accessible Automated External Defibrillator (AED) solutions.A partnership between the National Development Company (NDC), the Philippine’s leading state-owned enterprise investing in diverse industries, and an Australian company was also formed for the transfer of its waste-to-energy technology to the Philippines that converts biowaste to green fuel.The NDC looks forward to establishing a globally recognized institute in the Philippines that would be called Southeast Asia Biosecurity Institute (SABI), focused on developing more biosecurity robust supply chains across Southeast Asia that will deliver significant economic, environmental and social benefits for the region.Marcos urged more Australian businessmen to consider investing in the Philippines as he touted the country as an ideal destination for complementation in both manufacturing and services.He also highlighted the country’s steadfast commitment to purposeful reforms, which is evident in key legislative amendments, such as the Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act and the Renewable Energy Act.Macos also noted the Philippine government’s initiatives in streamlining business registration, infrastructure development, and the Comprehensive Tax Reform Program (Create Act), and the overhaul of fiscal incentive structures and responsive policies, including those facilitating public-private partnerships (PPP).He also discussed the newly established Maharlika Investment Fund, the country’s sovereign wealth fund “that underscores dedication to financing priority projects and driving socioeconomic impact.”“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments, streamline regulations, and showcase our unwavering support for businesses,” said Marcos.Marcos expressed gratitude to Australian businessmen who opened their doors for the Philippines.“I invite esteemed Australian businesses to consider the Philippines as a reliable partner that can support your expansion and operations. 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BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC licensed online casinos PEDESTRIANS have complained about the alleged poor management and lack of safety precautions with regard to the ongoing implementation of the first package of the Cebu Bus Rapid Transit (CBRT) project. The first package runs 2.38 kilometers from the Cebu South Bus Terminal on N. Bacalso Ave. to the front of the Capitol building along Osmeña Blvd.It passes the Cebu Normal University (CNU), City Central Elementary School and the Abellana National School, which have thousands of students and pupils.A skywalk used to straddle the wide thoroughfare, providing safe crossing, but this was demolished along with the skywalk in front of the Department of Health 7 office last February to make way for the project.Pedestrians, many of them students and pupils from the schools in the vicinity, criticized the lack of signages and insufficient barriers to protect them from passing vehicles.Joshua Dave Ardimer, a student at CNU, told SunStar Cebu on Wednesday, March 12, 2024, that the removal of the skywalk has inconvenienced them, affecting their safety whenever they cross Osmeña Blvd.“In terms of the safety management, I think kailangan siya butangan ug (they need to install) proper precautions na materials or anything na itabon sa mga delikado na (that will cover dangerous) areas,” he said.“There aren’t enough signages (to warn pedestrians), especially with so many schools in the vicinity. You know how unruly elementary pupils can get. So there’s a good chance they’ll get into an accident like hurting themselves from the metal cables that are sticking out from the ground,” he said in a mix of Cebuano and English.Kent Francesco Jongoy, Cebu City Transportation Office legal officer and assistant head, admitted that there are risk hazards in the area, including an open pit and debris from the ongoing civil works of the CBRT project.He urged the Department of Transportation (DOTr) to remind the contractor to strengthen safety measures. Currently the only safety measure in place is a yellow tape that cordons off the excavations, he said.Deployment“I hope the DOTr will also do its job of informing the contractor of the basics of construction safety kay dili man nato malikayan (because it can’t be helped). Asa man nato palakwon ang mga tawo (Where will the people walk)? Adto sa kalsada (On the street)? There’s a portion that is walkable but considering the population of the schools in the area. These are public schools so daghan-daghan gyud ni sila estudyante (there are a lot of students and pupils),” Jongoy said.He said they have deployed 10 traffic enforcers at the intersection of Osmeña Blvd. and P. del Rosario St. and in the near vicinity not only to man traffic but also to assist crossing pedestrians.He said there are two at the corner of R.R. Landon St. and Osmeña Blvd., three at the corner of N. Bacalso and P. del Rosario, three on Leon Kilat St. corner J. Alcantara St. and N. Bacalso, and another two at P. del Rosario corner Junquera St.He said the enforcers work in two shifts, from 6 a.m. to 2 p.m. and from 2 p.m. to 10 p.m.He said patrol teams monitor and handle traffic for the rest of the night until the wee hours of the morning.Jongoy emphasized the need to deploy enforcers to prioritize the safety of pedestrians, many of them students.The DOTr had promised to install pedestrian crossings where the two skywalks stood, but as of press time there were none. Meanwhile, Jongoy asked for the public’s understanding regarding enforcers who take shade, especially during the hottest hours of the day.He said they also need to protect themselves from the intense heat of the sun.Jongoy assured that enforcers are in the middle of intersections manning traffic during peak hours.However, a street vendor who wished not to be identified told SunStar Cebu that they barely feel the presence of the traffic enforcers. “Adto ra gyud siya sa may eskina duol sa traffic lights. Tagsa ra pud sila naa, buntag ra,” the vendor said.(They usually hang out in the corner near the traffic lights. And they’re rarely there, usually in the mornings.) / EHP / BiPSU INTERNS JOSHUA USIGAN, MA. ANNA PRIMERO

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BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC Is gambling legal in Philippines?

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