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ON THE heels of the series of terror attacks at sea, the Department of Migrant Workers (DMW) on Saturday, March 16, 2024, said it is looking at ensuring the strict adherence of ship owners to the "right to refuse" to sail on board provided to Filipino seafarers. In a televised public briefing, DMW Undersecretary Bernard Olalia said they are reminding ship owners that Filipino seafarers have the "right to refuse" to join voyages in declared "war-like areas" and "high-risk areas.""When a ship is sailing in declared 'war-like areas' and 'high-risk areas,' our seafarers have the right to refuse to sail on board. This would mean they must be immediately repatriated once it is invoked at any time," said Olalia. "We are closely monitoring this right of refusal. What we want is, as much as possible, this can be exercised immediately by our seafarer without any condition," he added. Once the said clause is invoked, the DMW official said it would lead to the premature end of the seafarers' employment contract. "Once the right of refusal is invoked, it's similar to a voluntary pre-termination of contract," Olalia said. He, however, stressed that the said seafarer will be properly compensated if they opt to terminate their contracts. "They will be entitled to additional premium as provided for in our guidelines," said Olalia. Among those considered high-risk areas are the Red Sea and the entire Gulf of Aden, where several attacks against vessels have recently taken place. The latest of which is the attack of the Houthi rebels on the M/V True Confidence in the Gulf of Aden, wherein two Filipino seafarers were killed while three other crew members got injured. (HDT/SunStar Philippines) The Best Casino Bonus in the Philippines Philippines

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Who is Philippines football Manager? FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA).The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr. “This is certainly a welcome development for this long overdue project. NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience. The NAIA PPP project has been in the works for three decades, spanning six administrations. It has finally turned into a reality under the Marcos Jr. administration,” Recto said.With an estimated project cost of P170.6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway.A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process.The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board.The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023. The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history.The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year. This capacity was breached as early as 2015 when NAIA serviced 36.7 million passengers and 47.9 million during peak.Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion.On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82.16 percent of future gross revenues with the government –– passenger service charges not included.The Consortium comprises San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities.According to the DOTr, the concessionaire will begin operating the airport in three to six months. The public can expect service improvements as early as the first year of operations.The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments.The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction.The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years. This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22.05 billion.The total capital outlay for NAIA from the MIAA corporate operating budget was P13.56 billion from 2012 to 2022. Only P8.26 billion of this amount was disbursed during the said period.The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82.16 percent National Government revenue share, excluding passenger service charges. (PR)

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FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA).The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr. “This is certainly a welcome development for this long overdue project. NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience. The NAIA PPP project has been in the works for three decades, spanning six administrations. It has finally turned into a reality under the Marcos Jr. administration,” Recto said.With an estimated project cost of P170.6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway.A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process.The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board.The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023. The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history.The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year. This capacity was breached as early as 2015 when NAIA serviced 36.7 million passengers and 47.9 million during peak.Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion.On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82.16 percent of future gross revenues with the government –– passenger service charges not included.The Consortium comprises San Miguel Holdings Corp., RMM Asian Logistics Inc., RLW Aviation Development Inc., and Incheon International Airport Corp.It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities.According to the DOTr, the concessionaire will begin operating the airport in three to six months. The public can expect service improvements as early as the first year of operations.The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments.The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction.The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years. This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22.05 billion.The total capital outlay for NAIA from the MIAA corporate operating budget was P13.56 billion from 2012 to 2022. Only P8.26 billion of this amount was disbursed during the said period.The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82.16 percent National Government revenue share, excluding passenger service charges. (PR) Who is Philippines football Manager? ON THE heels of the series of terror attacks at sea, the Department of Migrant Workers (DMW) on Saturday, March 16, 2024, said it is looking at ensuring the strict adherence of ship owners to the "right to refuse" to sail on board provided to Filipino seafarers. In a televised public briefing, DMW Undersecretary Bernard Olalia said they are reminding ship owners that Filipino seafarers have the "right to refuse" to join voyages in declared "war-like areas" and "high-risk areas.""When a ship is sailing in declared 'war-like areas' and 'high-risk areas,' our seafarers have the right to refuse to sail on board. This would mean they must be immediately repatriated once it is invoked at any time," said Olalia. "We are closely monitoring this right of refusal. What we want is, as much as possible, this can be exercised immediately by our seafarer without any condition," he added. Once the said clause is invoked, the DMW official said it would lead to the premature end of the seafarers' employment contract. "Once the right of refusal is invoked, it's similar to a voluntary pre-termination of contract," Olalia said. He, however, stressed that the said seafarer will be properly compensated if they opt to terminate their contracts. "They will be entitled to additional premium as provided for in our guidelines," said Olalia. Among those considered high-risk areas are the Red Sea and the entire Gulf of Aden, where several attacks against vessels have recently taken place. The latest of which is the attack of the Houthi rebels on the M/V True Confidence in the Gulf of Aden, wherein two Filipino seafarers were killed while three other crew members got injured. (HDT/SunStar Philippines)

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ON THE heels of the series of terror attacks at sea, the Department of Migrant Workers (DMW) on Saturday, March 16, 2024, said it is looking at ensuring the strict adherence of ship owners to the "right to refuse" to sail on board provided to Filipino seafarers. In a televised public briefing, DMW Undersecretary Bernard Olalia said they are reminding ship owners that Filipino seafarers have the "right to refuse" to join voyages in declared "war-like areas" and "high-risk areas.""When a ship is sailing in declared 'war-like areas' and 'high-risk areas,' our seafarers have the right to refuse to sail on board. This would mean they must be immediately repatriated once it is invoked at any time," said Olalia. "We are closely monitoring this right of refusal. What we want is, as much as possible, this can be exercised immediately by our seafarer without any condition," he added. Once the said clause is invoked, the DMW official said it would lead to the premature end of the seafarers' employment contract. "Once the right of refusal is invoked, it's similar to a voluntary pre-termination of contract," Olalia said. He, however, stressed that the said seafarer will be properly compensated if they opt to terminate their contracts. "They will be entitled to additional premium as provided for in our guidelines," said Olalia. Among those considered high-risk areas are the Red Sea and the entire Gulf of Aden, where several attacks against vessels have recently taken place. The latest of which is the attack of the Houthi rebels on the M/V True Confidence in the Gulf of Aden, wherein two Filipino seafarers were killed while three other crew members got injured. (HDT/SunStar Philippines), check the following table to see what categories most online casinos in the Philippines fit in.

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ON THE heels of the series of terror attacks at sea, the Department of Migrant Workers (DMW) on Saturday, March 16, 2024, said it is looking at ensuring the strict adherence of ship owners to the "right to refuse" to sail on board provided to Filipino seafarers. In a televised public briefing, DMW Undersecretary Bernard Olalia said they are reminding ship owners that Filipino seafarers have the "right to refuse" to join voyages in declared "war-like areas" and "high-risk areas.""When a ship is sailing in declared 'war-like areas' and 'high-risk areas,' our seafarers have the right to refuse to sail on board. This would mean they must be immediately repatriated once it is invoked at any time," said Olalia. "We are closely monitoring this right of refusal. What we want is, as much as possible, this can be exercised immediately by our seafarer without any condition," he added. Once the said clause is invoked, the DMW official said it would lead to the premature end of the seafarers' employment contract. "Once the right of refusal is invoked, it's similar to a voluntary pre-termination of contract," Olalia said. He, however, stressed that the said seafarer will be properly compensated if they opt to terminate their contracts. "They will be entitled to additional premium as provided for in our guidelines," said Olalia. Among those considered high-risk areas are the Red Sea and the entire Gulf of Aden, where several attacks against vessels have recently taken place. The latest of which is the attack of the Houthi rebels on the M/V True Confidence in the Gulf of Aden, wherein two Filipino seafarers were killed while three other crew members got injured. (HDT/SunStar Philippines) Who is Philippines football Manager? . It’s always a good idea to take your time and make sure you’ve found the best online casino in the Philippines on the online gambling market that can give you what you want.

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