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PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines) Philippines sports and recreation Philippines THE Metropolitan Cebu Water District (MCWD) will be having dialogues with various members of the business community to discuss the importance of the water rate adjustment, which will finally be implemented on April 1, 2024.The rate adjustment will push through, according to Jose Daluz III, chairman of the MCWD board of directors.“At least we have one month to talk to them, explain to them. Manghangyo mi nga this is not something nga nag-increase mi. It is just an application of the prescribed rate of LWUA since 2010,” Daluz said in an interview on Monday, Feb. 12.He clarified that the water district is not jacking up rates, but is lifting the exemption on the Local Water Utilities Administration’s (LWUA) prescribed rate guidelines set way back in 2010.He said MCWD did not need to seek LWUA’s approval; rather they only informed the agency that they would be imposing the prescribed rate.Daluz said the rate adjustment, which will affect only commercial and industrial customers, was supposed to take effect last Dec. 1, 2023, but they decided to defer it due to the holiday season.According to a SunStar Cebu report on Nov. 19, 2023, the current rates for consumers -- residential, commercial and industrial -- for the first 10 cubic meters of water consumed is P15.20 per cubic meter.Beyond 10 cubic meters, or from 11-20 cubic meters, the rate is P16.80 per cubic meter; from 21-30 cubic meters, P19.80, and for usage exceeding 30 cubic meters, the rate is P48.40 cubic meter.Under the LWUA’s prescribed rate, the first 10 cubic meters will be P30.40 per cubic meter for commercial consumers and P45.60 for industrial consumers.Around 85 percent of the water district’s customers are residential, while the remaining 15 percent are composed of commercial and industrial customers. Daluz also pointed out that the adjustment that was supposed to take effect last December is separate from the rate hikes that the MCWD had asked the LWUA to approve, which included the 60 percent that should have taken effect last July 1 and another 10 percent that was supposed to be implemented in the middle of this year.Daluz said they will no longer pursue these rate hike petitions.He said the MCWD will allot the whole month of March to engage in a dialogue with business chambers and establishments within its franchise jurisdiction after it was informed that the Cebu Chamber of Commerce and Industry (CCCI) had submitted its position regarding the rate adjustment directly to LWUA.SunStar Cebu reached out to CCCI president Charles Kenneth Co to comment on the matter, but he had yet to issue a statement as of press time.Meanwhile, Daluz said the MCWD has no choice but to implement the LWUA’s prescribed rate because MCWD will soon be purchasing water from desalination plants in Barangay Mambaling in Cebu City, Barangay Opao in Mandaue City and Barangay Catarman in Cordova.The desalination plant in Opao charges P73.86 per cubic meter. The ones in Mambaling and Catarman have yet to release their rates.Daluz admitted that commercial and industrial customers will be paying more for their water after April, but the move is crucial to support the water district’s ongoing infrastructure support and projects that will ensure a sufficient supply of water in Metro Cebu.ExemptionIn 2010, Daluz said, MCWD asked for an exemption as a policy to stay competitive after the water district lost a case against Margarita Adala.The loss prompted the earlier administration to uniformly charge its residential, commercial and industrial consumers, and not follow LWUA’s rate structure.On July 4, 2007, the Supreme Court ruled in favor of Adala to supply water to three sitios in Barangay Bulacao.The ruling added that the MCWD has no “exclusivity” on water distribution in Metro Cebu, thus opening its operation to competition from private water suppliers. Cebu City Mayor Michael Rama replaced MCWD board members Daluz, Miguelito Pato and Jodelyn May Seno last Oct. 31 with Melquiades Feliciano, Aristotle Batuhan and Nelson Yuvallos. But Daluz, Pato and Seno have refused to step down from their posts.Feliciano is the chairman of the Rama-appointed board.

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THE Metropolitan Cebu Water District (MCWD) will be having dialogues with various members of the business community to discuss the importance of the water rate adjustment, which will finally be implemented on April 1, 2024.The rate adjustment will push through, according to Jose Daluz III, chairman of the MCWD board of directors.“At least we have one month to talk to them, explain to them. Manghangyo mi nga this is not something nga nag-increase mi. It is just an application of the prescribed rate of LWUA since 2010,” Daluz said in an interview on Monday, Feb. 12.He clarified that the water district is not jacking up rates, but is lifting the exemption on the Local Water Utilities Administration’s (LWUA) prescribed rate guidelines set way back in 2010.He said MCWD did not need to seek LWUA’s approval; rather they only informed the agency that they would be imposing the prescribed rate.Daluz said the rate adjustment, which will affect only commercial and industrial customers, was supposed to take effect last Dec. 1, 2023, but they decided to defer it due to the holiday season.According to a SunStar Cebu report on Nov. 19, 2023, the current rates for consumers -- residential, commercial and industrial -- for the first 10 cubic meters of water consumed is P15.20 per cubic meter.Beyond 10 cubic meters, or from 11-20 cubic meters, the rate is P16.80 per cubic meter; from 21-30 cubic meters, P19.80, and for usage exceeding 30 cubic meters, the rate is P48.40 cubic meter.Under the LWUA’s prescribed rate, the first 10 cubic meters will be P30.40 per cubic meter for commercial consumers and P45.60 for industrial consumers.Around 85 percent of the water district’s customers are residential, while the remaining 15 percent are composed of commercial and industrial customers. Daluz also pointed out that the adjustment that was supposed to take effect last December is separate from the rate hikes that the MCWD had asked the LWUA to approve, which included the 60 percent that should have taken effect last July 1 and another 10 percent that was supposed to be implemented in the middle of this year.Daluz said they will no longer pursue these rate hike petitions.He said the MCWD will allot the whole month of March to engage in a dialogue with business chambers and establishments within its franchise jurisdiction after it was informed that the Cebu Chamber of Commerce and Industry (CCCI) had submitted its position regarding the rate adjustment directly to LWUA.SunStar Cebu reached out to CCCI president Charles Kenneth Co to comment on the matter, but he had yet to issue a statement as of press time.Meanwhile, Daluz said the MCWD has no choice but to implement the LWUA’s prescribed rate because MCWD will soon be purchasing water from desalination plants in Barangay Mambaling in Cebu City, Barangay Opao in Mandaue City and Barangay Catarman in Cordova.The desalination plant in Opao charges P73.86 per cubic meter. The ones in Mambaling and Catarman have yet to release their rates.Daluz admitted that commercial and industrial customers will be paying more for their water after April, but the move is crucial to support the water district’s ongoing infrastructure support and projects that will ensure a sufficient supply of water in Metro Cebu.ExemptionIn 2010, Daluz said, MCWD asked for an exemption as a policy to stay competitive after the water district lost a case against Margarita Adala.The loss prompted the earlier administration to uniformly charge its residential, commercial and industrial consumers, and not follow LWUA’s rate structure.On July 4, 2007, the Supreme Court ruled in favor of Adala to supply water to three sitios in Barangay Bulacao.The ruling added that the MCWD has no “exclusivity” on water distribution in Metro Cebu, thus opening its operation to competition from private water suppliers. Cebu City Mayor Michael Rama replaced MCWD board members Daluz, Miguelito Pato and Jodelyn May Seno last Oct. 31 with Melquiades Feliciano, Aristotle Batuhan and Nelson Yuvallos. But Daluz, Pato and Seno have refused to step down from their posts.Feliciano is the chairman of the Rama-appointed board. Do Filipinos call it soccer or football? A LOCAL legislator is blaming the lack of a final route and other aspects of the Cebu Bus Rapid Transit (CBRT) for the non-approval of the city’s Local Public Transport Route Plan (LPTRP), which has affected some public utility vehicle (PUV) drivers.Cebu City Councilor Rey Gealon, who also chairs the Traffic Management and Coordination Committee, was surprised after learning during the executive session on Wednesday, Feb. 7, 2024, that another feasibility study is needed to come up with the final route.Gealon said Cebu City’s final LPTRP is dependent on this.Benedicto Guia, program manager of the Department of Transportation (DOTr), said a feasibility study will have to be conducted to determine the economic viability of the project since the result will eventually dictate the route the buses will officially traverse.“It (final route) might go outside the given the route, we still don’t know,” Guia told members of the City Council.The current length of the BRT’s dedicated lane is 13.8 kilometers, based on previous reports.The update did not sit well with Gealon, who said the City’s lack of an LPTRP is not due to its failure to comply with any requirement of law, rule or regulation or its ineptness or negligence.Instead he blamed the DOTR.“What a blunder!” he said.Gealon said the DOTr has not approved the city’s LPTRP despite having been filed and re-filed continually at varying times during different administrations through the City Planning and Development Office.“By that admission is the exact reason why LPTRP is in limbo. The reason why our drivers and operators of public utility vehicles have been pestering us, and rightfully so, for the longest time, on what route they will take,” he said.Modern jeepneys operated by Bagong Jeep (Beep) ceased operations for six months starting last Oct. 1, 2023, leading to the suspension of its 58 units plying the Cebu City Hall to IT Park, Banawa to Panagdait, Tabunok to IT Park, and Minglanilla to IT Park routes.Its drivers and passenger assistance officers have been on floating status since.Based on previous reports of SunStar Cebu, one factor that contributed to the suspension was the delay in the approval of a route modification request that affected Beep’s ability to maintain its market position and profitability.The LPTRP is a plan detailing the route network, mode, and required number of units per mode for delivering land transport service, which shall be the minimum requirement prescribed for the issuance of PUV franchises.“This is a genuine concern of PUV operators and drivers as they are only operating on a temporary basis, which does not help at all, if only to give them peace of mind in their livelihood -- this being their means of living,” said Gealon.Guia, in response to Gealon’s concern, acknowledged that they already have a copy of the LPTRP the City submitted, saying it is being looked into by a consultant.He said that once Package 1 of the CBRT is completed, they will utilize the Cibus to ply the route. The Cibus will adopt the Land Transportation Franchising and Regulatory Board fare rate, he said. However, Guia said the feasibility study will determine the number of buses based on the projected number of ridership, as well as the model of the buses that will be deployed in relation to operations and maintenance viability. He said they are still looking whether to acquire the buses through a public-private partnership or by other means.Guia said they will adopt necessary measures once the result of the feasibility study comes out.

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A LOCAL legislator is blaming the lack of a final route and other aspects of the Cebu Bus Rapid Transit (CBRT) for the non-approval of the city’s Local Public Transport Route Plan (LPTRP), which has affected some public utility vehicle (PUV) drivers.Cebu City Councilor Rey Gealon, who also chairs the Traffic Management and Coordination Committee, was surprised after learning during the executive session on Wednesday, Feb. 7, 2024, that another feasibility study is needed to come up with the final route.Gealon said Cebu City’s final LPTRP is dependent on this.Benedicto Guia, program manager of the Department of Transportation (DOTr), said a feasibility study will have to be conducted to determine the economic viability of the project since the result will eventually dictate the route the buses will officially traverse.“It (final route) might go outside the given the route, we still don’t know,” Guia told members of the City Council.The current length of the BRT’s dedicated lane is 13.8 kilometers, based on previous reports.The update did not sit well with Gealon, who said the City’s lack of an LPTRP is not due to its failure to comply with any requirement of law, rule or regulation or its ineptness or negligence.Instead he blamed the DOTR.“What a blunder!” he said.Gealon said the DOTr has not approved the city’s LPTRP despite having been filed and re-filed continually at varying times during different administrations through the City Planning and Development Office.“By that admission is the exact reason why LPTRP is in limbo. The reason why our drivers and operators of public utility vehicles have been pestering us, and rightfully so, for the longest time, on what route they will take,” he said.Modern jeepneys operated by Bagong Jeep (Beep) ceased operations for six months starting last Oct. 1, 2023, leading to the suspension of its 58 units plying the Cebu City Hall to IT Park, Banawa to Panagdait, Tabunok to IT Park, and Minglanilla to IT Park routes.Its drivers and passenger assistance officers have been on floating status since.Based on previous reports of SunStar Cebu, one factor that contributed to the suspension was the delay in the approval of a route modification request that affected Beep’s ability to maintain its market position and profitability.The LPTRP is a plan detailing the route network, mode, and required number of units per mode for delivering land transport service, which shall be the minimum requirement prescribed for the issuance of PUV franchises.“This is a genuine concern of PUV operators and drivers as they are only operating on a temporary basis, which does not help at all, if only to give them peace of mind in their livelihood -- this being their means of living,” said Gealon.Guia, in response to Gealon’s concern, acknowledged that they already have a copy of the LPTRP the City submitted, saying it is being looked into by a consultant.He said that once Package 1 of the CBRT is completed, they will utilize the Cibus to ply the route. The Cibus will adopt the Land Transportation Franchising and Regulatory Board fare rate, he said. However, Guia said the feasibility study will determine the number of buses based on the projected number of ridership, as well as the model of the buses that will be deployed in relation to operations and maintenance viability. He said they are still looking whether to acquire the buses through a public-private partnership or by other means.Guia said they will adopt necessary measures once the result of the feasibility study comes out. Do Filipinos call it soccer or football? PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines)

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PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines), check the following table to see what categories most online casinos in the Philippines fit in.

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PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines) Do Filipinos call it soccer or football? . 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THE Metropolitan Cebu Water District (MCWD) will be having dialogues with various members of the business community to discuss the importance of the water rate adjustment, which will finally be implemented on April 1, 2024.The rate adjustment will push through, according to Jose Daluz III, chairman of the MCWD board of directors.“At least we have one month to talk to them, explain to them. Manghangyo mi nga this is not something nga nag-increase mi. It is just an application of the prescribed rate of LWUA since 2010,” Daluz said in an interview on Monday, Feb. 12.He clarified that the water district is not jacking up rates, but is lifting the exemption on the Local Water Utilities Administration’s (LWUA) prescribed rate guidelines set way back in 2010.He said MCWD did not need to seek LWUA’s approval; rather they only informed the agency that they would be imposing the prescribed rate.Daluz said the rate adjustment, which will affect only commercial and industrial customers, was supposed to take effect last Dec. 1, 2023, but they decided to defer it due to the holiday season.According to a SunStar Cebu report on Nov. 19, 2023, the current rates for consumers -- residential, commercial and industrial -- for the first 10 cubic meters of water consumed is P15.20 per cubic meter.Beyond 10 cubic meters, or from 11-20 cubic meters, the rate is P16.80 per cubic meter; from 21-30 cubic meters, P19.80, and for usage exceeding 30 cubic meters, the rate is P48.40 cubic meter.Under the LWUA’s prescribed rate, the first 10 cubic meters will be P30.40 per cubic meter for commercial consumers and P45.60 for industrial consumers.Around 85 percent of the water district’s customers are residential, while the remaining 15 percent are composed of commercial and industrial customers. Daluz also pointed out that the adjustment that was supposed to take effect last December is separate from the rate hikes that the MCWD had asked the LWUA to approve, which included the 60 percent that should have taken effect last July 1 and another 10 percent that was supposed to be implemented in the middle of this year.Daluz said they will no longer pursue these rate hike petitions.He said the MCWD will allot the whole month of March to engage in a dialogue with business chambers and establishments within its franchise jurisdiction after it was informed that the Cebu Chamber of Commerce and Industry (CCCI) had submitted its position regarding the rate adjustment directly to LWUA.SunStar Cebu reached out to CCCI president Charles Kenneth Co to comment on the matter, but he had yet to issue a statement as of press time.Meanwhile, Daluz said the MCWD has no choice but to implement the LWUA’s prescribed rate because MCWD will soon be purchasing water from desalination plants in Barangay Mambaling in Cebu City, Barangay Opao in Mandaue City and Barangay Catarman in Cordova.The desalination plant in Opao charges P73.86 per cubic meter. The ones in Mambaling and Catarman have yet to release their rates.Daluz admitted that commercial and industrial customers will be paying more for their water after April, but the move is crucial to support the water district’s ongoing infrastructure support and projects that will ensure a sufficient supply of water in Metro Cebu.ExemptionIn 2010, Daluz said, MCWD asked for an exemption as a policy to stay competitive after the water district lost a case against Margarita Adala.The loss prompted the earlier administration to uniformly charge its residential, commercial and industrial consumers, and not follow LWUA’s rate structure.On July 4, 2007, the Supreme Court ruled in favor of Adala to supply water to three sitios in Barangay Bulacao.The ruling added that the MCWD has no “exclusivity” on water distribution in Metro Cebu, thus opening its operation to competition from private water suppliers. Cebu City Mayor Michael Rama replaced MCWD board members Daluz, Miguelito Pato and Jodelyn May Seno last Oct. 31 with Melquiades Feliciano, Aristotle Batuhan and Nelson Yuvallos. But Daluz, Pato and Seno have refused to step down from their posts.Feliciano is the chairman of the Rama-appointed board. licensed online casinos A LOCAL legislator is blaming the lack of a final route and other aspects of the Cebu Bus Rapid Transit (CBRT) for the non-approval of the city’s Local Public Transport Route Plan (LPTRP), which has affected some public utility vehicle (PUV) drivers.Cebu City Councilor Rey Gealon, who also chairs the Traffic Management and Coordination Committee, was surprised after learning during the executive session on Wednesday, Feb. 7, 2024, that another feasibility study is needed to come up with the final route.Gealon said Cebu City’s final LPTRP is dependent on this.Benedicto Guia, program manager of the Department of Transportation (DOTr), said a feasibility study will have to be conducted to determine the economic viability of the project since the result will eventually dictate the route the buses will officially traverse.“It (final route) might go outside the given the route, we still don’t know,” Guia told members of the City Council.The current length of the BRT’s dedicated lane is 13.8 kilometers, based on previous reports.The update did not sit well with Gealon, who said the City’s lack of an LPTRP is not due to its failure to comply with any requirement of law, rule or regulation or its ineptness or negligence.Instead he blamed the DOTR.“What a blunder!” he said.Gealon said the DOTr has not approved the city’s LPTRP despite having been filed and re-filed continually at varying times during different administrations through the City Planning and Development Office.“By that admission is the exact reason why LPTRP is in limbo. The reason why our drivers and operators of public utility vehicles have been pestering us, and rightfully so, for the longest time, on what route they will take,” he said.Modern jeepneys operated by Bagong Jeep (Beep) ceased operations for six months starting last Oct. 1, 2023, leading to the suspension of its 58 units plying the Cebu City Hall to IT Park, Banawa to Panagdait, Tabunok to IT Park, and Minglanilla to IT Park routes.Its drivers and passenger assistance officers have been on floating status since.Based on previous reports of SunStar Cebu, one factor that contributed to the suspension was the delay in the approval of a route modification request that affected Beep’s ability to maintain its market position and profitability.The LPTRP is a plan detailing the route network, mode, and required number of units per mode for delivering land transport service, which shall be the minimum requirement prescribed for the issuance of PUV franchises.“This is a genuine concern of PUV operators and drivers as they are only operating on a temporary basis, which does not help at all, if only to give them peace of mind in their livelihood -- this being their means of living,” said Gealon.Guia, in response to Gealon’s concern, acknowledged that they already have a copy of the LPTRP the City submitted, saying it is being looked into by a consultant.He said that once Package 1 of the CBRT is completed, they will utilize the Cibus to ply the route. The Cibus will adopt the Land Transportation Franchising and Regulatory Board fare rate, he said. However, Guia said the feasibility study will determine the number of buses based on the projected number of ridership, as well as the model of the buses that will be deployed in relation to operations and maintenance viability. He said they are still looking whether to acquire the buses through a public-private partnership or by other means.Guia said they will adopt necessary measures once the result of the feasibility study comes out.

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THE Metropolitan Cebu Water District (MCWD) will be having dialogues with various members of the business community to discuss the importance of the water rate adjustment, which will finally be implemented on April 1, 2024.The rate adjustment will push through, according to Jose Daluz III, chairman of the MCWD board of directors.“At least we have one month to talk to them, explain to them. Manghangyo mi nga this is not something nga nag-increase mi. It is just an application of the prescribed rate of LWUA since 2010,” Daluz said in an interview on Monday, Feb. 12.He clarified that the water district is not jacking up rates, but is lifting the exemption on the Local Water Utilities Administration’s (LWUA) prescribed rate guidelines set way back in 2010.He said MCWD did not need to seek LWUA’s approval; rather they only informed the agency that they would be imposing the prescribed rate.Daluz said the rate adjustment, which will affect only commercial and industrial customers, was supposed to take effect last Dec. 1, 2023, but they decided to defer it due to the holiday season.According to a SunStar Cebu report on Nov. 19, 2023, the current rates for consumers -- residential, commercial and industrial -- for the first 10 cubic meters of water consumed is P15.20 per cubic meter.Beyond 10 cubic meters, or from 11-20 cubic meters, the rate is P16.80 per cubic meter; from 21-30 cubic meters, P19.80, and for usage exceeding 30 cubic meters, the rate is P48.40 cubic meter.Under the LWUA’s prescribed rate, the first 10 cubic meters will be P30.40 per cubic meter for commercial consumers and P45.60 for industrial consumers.Around 85 percent of the water district’s customers are residential, while the remaining 15 percent are composed of commercial and industrial customers. Daluz also pointed out that the adjustment that was supposed to take effect last December is separate from the rate hikes that the MCWD had asked the LWUA to approve, which included the 60 percent that should have taken effect last July 1 and another 10 percent that was supposed to be implemented in the middle of this year.Daluz said they will no longer pursue these rate hike petitions.He said the MCWD will allot the whole month of March to engage in a dialogue with business chambers and establishments within its franchise jurisdiction after it was informed that the Cebu Chamber of Commerce and Industry (CCCI) had submitted its position regarding the rate adjustment directly to LWUA.SunStar Cebu reached out to CCCI president Charles Kenneth Co to comment on the matter, but he had yet to issue a statement as of press time.Meanwhile, Daluz said the MCWD has no choice but to implement the LWUA’s prescribed rate because MCWD will soon be purchasing water from desalination plants in Barangay Mambaling in Cebu City, Barangay Opao in Mandaue City and Barangay Catarman in Cordova.The desalination plant in Opao charges P73.86 per cubic meter. The ones in Mambaling and Catarman have yet to release their rates.Daluz admitted that commercial and industrial customers will be paying more for their water after April, but the move is crucial to support the water district’s ongoing infrastructure support and projects that will ensure a sufficient supply of water in Metro Cebu.ExemptionIn 2010, Daluz said, MCWD asked for an exemption as a policy to stay competitive after the water district lost a case against Margarita Adala.The loss prompted the earlier administration to uniformly charge its residential, commercial and industrial consumers, and not follow LWUA’s rate structure.On July 4, 2007, the Supreme Court ruled in favor of Adala to supply water to three sitios in Barangay Bulacao.The ruling added that the MCWD has no “exclusivity” on water distribution in Metro Cebu, thus opening its operation to competition from private water suppliers. Cebu City Mayor Michael Rama replaced MCWD board members Daluz, Miguelito Pato and Jodelyn May Seno last Oct. 31 with Melquiades Feliciano, Aristotle Batuhan and Nelson Yuvallos. But Daluz, Pato and Seno have refused to step down from their posts.Feliciano is the chairman of the Rama-appointed board. Philippines sports and recreation

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