Queen City is morphing swiftly

Cebu City thrives with improved infrastructure, cultural growth

Story by Genivi Verdejo

The Manila Times

12 July 2024

CEBU, often called the Queen City of the South, is undergoing significant infrastructure developments, highlighting its commitment to growth and sustainability.

These projects span various sectors from transportation and education to environmental conservation and tourism, shaping Cebu into a dynamic and resilient city.

Infrastructure advancements and economic impact

Cebu's infrastructure landscape is rapidly evolving with several key projects to enhance connectivity and urban development.

The Cebu Provincial Government has recently approved phase 2 of the Santa Fe Port project on Bantayan Island. This initiative aims to enhance ecological preservation and boost tourism opportunities.

The phase 2, costing over P110 million, includes the construction of a reinforced concrete deck with roll-on/roll-off facilities and gangway amenities for motorized boats. This upgrade addresses environmental concerns by allowing water and sand to flow naturally, preserving the island's allure.

Cebu Gov. Gwendolyn Garcia has announced in June 2023 that the Cebu Port Authority approves the request of the Province of Cebu for the capitol to construct a new and environmentally friendly port in Santa Fe.

The Port of Cebu facilitates the movement of goods and services not only within the Philippines but also to and from international destinations. The port's modern facilities and strategic location enhance Cebu's status as a key logistics hub in the region.

In Tudela, around P13 million worth of infrastructure projects have been inaugurated, including a light-emitting diode wall and perimeter fence, enhancing public amenities and safety.

Tudela Mayor Greman Solante praises the collaboration with the provincial government, noting improvements despite challenges in infrastructure development.

Environmental sustainability initiatives

Cebu leads in environmental conservation through eco-friendly ordinances and restoration projects across the province. In northern Cebu, four local government units have passed eco-friendly ordinances, aimed at environmental protection.

Third District Board Member John Ismael Borgonia has presented these ordinances from Consolacion, Carmen, Sogod and Danao City, emphasizing the need for environmental consciousness across all age groups.

In Carmen, Ordinance 073 Series of 2024 mandates waste segregation at the source with penalties for violations, aiming to improve waste management at the household level.

The municipality of Consolacion strengthens its Plastic Regulation Ordinance while Sogod bans single-use plastics under Ordinance 01-2024, targeting plastic waste reduction through reusable materials.

Meanwhile, Danao City has introduced two significant ordinances: 20024-17-107 for wildlife conservation and 2024-17-110 to declare schools as pollution-free areas.

Efforts to preserve cultural landmarks also contribute to environmental sustainability. Tourism Infrastructure and Enterprise Zone Authority's increased funding of P100 million for the restoration of Nuestra Señora del Pilar Church in Sibonga aims not only to safeguard historical sites but also to promote cultural tourism.

Garcia reaffirms the importance of preserving heritage, stating: "We will make everything look good. It's just a matter of extreme urgency."

Cultural promotion and community development

Cebu's rich cultural heritage is celebrated through various initiatives that promote local arts, crafts and traditions.

At the Cebu Provincial Capitol, a recent fashion show by Furne One Amato showcases garments made from indigenous Filipino fabrics, highlighting the province's vibrant textile heritage. This collection is a tribute to Filipino craftsmanship and cultural diversity.

Amato presents the signature colors of the T'boli, the indigenous people of Lake Sebu, South Cotabato. The runway has been adorned in black and red, showcasing the intricate and modern designs made from T'boli fabrics, accented with crystals and brass. This final segment celebrates the craftsmanship and mystique of Mindanao.

Tourists planning to visit Bantayan Island are in for a treat as King Aces Travel and Tours Service Inc. (Kattsi) announces the commencement of regular flights from Mactan Cebu International Airport (MCIA) to Bantayan Island Airport, starting in August this year.

Retired army general Gilbert Llanto, along with officials from Prime Aces Holdings Corp. and Kattsi, has met with Garcia to finalize details for the inaugural flight on August 28. The flights will use avions de transport régional or regional transport airplanes with a 72-seat capacity. It will fly from MCIA to Bantayan and vice versa twice a week, on Fridays and Sundays, in time for the influx of tourists for the weekend.

Llanto expresses excitement about the accessibility boost for tourists, aiming to promote Bantayan Island's natural beauty.

Balancing cultural heritage with modernity, Cebu offers a unique blend of old and new. Historic sites such as Magellan's Cross and Fort San Pedro stand as testaments to the city's rich past while modern shopping malls, entertainment centers and dining establishments showcase its contemporary vibe.

Sports and social welfare

Cebu has hosted the 64th Palarong Pambansa, marking a return after 30 years and showcasing the province's capability in organizing national sporting events.

President Ferdinand Marcos Jr. praises Cebu's hospitality and organization, highlighting the event's role in promoting unity and national pride among Filipino youth.

Marcos says: "The Palarong Pambansa stands as the country's pinnacle of national sporting events. Today, we continue this important legacy, celebrating not just games but also the unity, camaraderie and national pride that these games inspire."

The Palarong Pambansa, established by Republic Act 10588, is organized by the Department of Education, the Philippine Sports Commission and the Department of the Interior and Local Government. It aims to promote sportsmanship and unity among young Filipino athletes while allowing them to experience Cebu's rich culture and scenic beauty.

Meanwhile, the Cebu Provincial Government is also investing in educational infrastructure, planning to construct two-story, six-classroom buildings for Cebu Normal University's extension campuses in Catmon, Alegria and Argao.

Economic boom amid challenges

Despite global economic uncertainties, Cebu has shown remarkable economic resilience. The city's economic landscape is marked by robust growth in sectors such as information technology (IT), business process outsourcing and tourism.

The Cebu IT Park remains a key player, attracting multinational companies and generating employment for thousands of Cebuanos.

Following Garcia's successful visit to Russia, Cebu anticipates enhanced business collaborations in sectors such as finance and environmental initiatives. Garcia holds a meeting with Russia-Association of Southeast Asian Nations Business Council Chairman Ivan Polyakov and discusses business opportunities in Cebu Province that the organization members may be interested in.

Among these opportunities is to acquire or partner with local financial institutions to facilitate easier transactions for Russians when visiting the Philippines as tourists or traveling for business.

Garcia has also met with a Russian environmental operator on waste management on the possibility of investing in a waste-to-energy venture in Cebu Province.

Digital transformation

Garcia also spearheads digital innovations in social welfare, implementing a quick-response (QR) code system to streamline assistance distribution.

Secretary Rex Gatchalian of the Department of Social Welfare and Development commends Cebu's initiative, noting its effectiveness in reaching vulnerable communities and promoting transparency.

The QR code system — implemented through programs such as Sugbo Negosyo and Dasig Sugbo — ensures transparent and graft-free distribution of social welfare benefits.

Cebu is embracing digital transformation with advancements in technology, shaping various aspects of life in the city. The adoption of smart city initiatives, digital services and e-governance platforms is enhancing urban living and improving public services. The digitalization of industries from finance to retail is driving economic growth and innovation.

Cebu's prospects appear bright. The city is poised for continued growth with ongoing infrastructure projects, a thriving economy and a resilient community. The local government's focus on sustainable development and innovation ensures that Cebu will remain a key player in the Philippines' economic landscape.

Philippines stands to become the next shipping and maritime investment destination

Philippines seen as maritime investment hub

Story by Pia Lee-Brago 

Philstar Global

12 July 2024

MANILA, Philippines — The Philippines stands to become the next investment destination in the shipping and maritime industry, an official said at a maritime forum hosted by the embassy in Greece.

Image by Alexandre Gonçalves da Rocha from Pixabay

The Philippine embassy in Athens led by Ambassador Giovanni Palec recently organized the Philippine Maritime Forum to promote the Philippines as an investment destination in the sector.

In attendance were shipowners and representatives from various ship management companies, maritime law firms and manning agencies that had representative offices in the Philippines.

Palec highlighted the longstanding bilateral relations between the Philippines and Greece with the two countries celebrating 75 years of diplomatic relations in 2025.

He noted that both the Philippines and Greece are maritime nations and this common ground has been a significant factor in their close relationship with the Philippines providing a huge number of skilled seafarers around the world, with Greece owning the biggest number of fleets globally and employing many Filipino workers.

He also encouraged the representatives to form an association so that as a group they could convey their positions on certain issues related to their field as this would be beneficial to both parties.

Maritime Industry Authority (MARINA) administrator Sonia Malaluan gave a briefing on the Philippines’ thriving maritime industry, highlighting the latest trends and developments in the sector, the huge number of seafarers deployed by the country internationally and the Philippines’ shipbuilding industry which ranks as the fourth biggest worldwide.

Department of Migrant Workers Assistant Secretary for sea-based OFW concerns Jerome Pampolina presented the various programs of the DMW aimed at upskilling and making Filipino workers more competitive globally, including in shipping and maritime-related services.

Ifugao State U collects 2 global university rankings

IFSU garners 2 global university rankings

Story by Leander C. Domingo

Manila Times

11 July 2024

THE Ifugao State University (IFSU) garnered two prestigious global university rankings, highlighting its dedication to fostering innovation and achieving Sustainable Development Goals (SDGs).

The university is ranked in the World University Rankings for Innovation (WURI) 2024: Global Top 300 Innovative Universities.

IFSU achieved first place in the Philippines and third worldwide in the Entrepreneurial Spirit category.

The university also claimed first place in the Philippines and seventh globally for the Crisis Management category.

For the Symbol (promotion) category, IFSU achieved third place in the Philippines and ninth worldwide.

In its first-ever participation in the Times Higher Education (THE) Impact Rankings 2024, IFSU secured a strong second-place position, tying with the University of the Philippines and De La Salle University, following Ateneo de Manila University in the national rankings. Globally, IFSU falls within the 401-600 bracket.

IFSU President Eva Marie Codamon-Dugyon said the university garnered these "notable placements in the two prestigious global university rankings, steadily realizing its vision of becoming a globally recognized university upholding excellence amidst rich cultural heritage."

IFSU information officer Faith Belingon Napudo said that the university demonstrates its commitment to sustainability applied for evaluation across 15 SDGs with strong performance in Zero Hunger (SDG 2), Gender Equality (SDG 5), Peace, Justice and Strong Institutions (SDG 16), and Partnerships for the Goals (SDG 17).

Napudo said these rankings spotlight IFSU's significant contributions to industry and society and its dedication to achieving a more sustainable future.

She said the WURI rankings acknowledge the university's innovative approaches in education, research and societal engagement, while THE Impact Rankings recognizes IFSU's dedication to contributing to the collective effort to achieve the SDGs through its research, stewardship, outreach and teaching initiatives.

Emphasizing the importance of teamwork and collaboration in realizing IFSU's vision, Codamon-Dugyon thanked the entire IFSU community for their hard work and dedication that led to this achievement.

Tourism revenue hits P282B in first half of 2024

Tourism revenue hits P282B in first half of 2024

Inquirer.net

11 July 2024

MANILA, Philippines — The Philippines’ tourism sector gained more than P282 billion in revenue for the first half of 2024, the Department of Tourism (DOT) said on Thursday.

According to the DOT, this was a 32.81 percent increase from the same period in 2023, P212.47 billion.

Tourism Secretary Christina Frasco said that the increase will contribute to more livelihood opportunities for Filipinos which will improve the country’s economy.

“The income generated through tourism directly translates to more opportunities and improved livelihoods for Filipinos, reinforcing the critical role this industry plays in our nation’s progress,” Frasco said in a statement.

Meanwhile, the DOT said that as of Wednesday, tourist arrivals in the country were marked at 3.17 million.

The number comprised of around 2.9 million foreign nationals, while 236,401 were overseas Filipinos.

The agency added that South Korea ranked first in foreign arrivals at 824,000 visitors, followed by the United States of America at 522,000, and China at third with 199,000 visitors.

The three were followed by Japan, Australia, Taiwan, Canada, the United Kingdom, Singapore, and Malaysia.

Frasco added that the DOT expects more visitors for the remainder of the year.

“In the second half of the year, we anticipate these numbers to increase, not only the revenue generated but most importantly, the number of Filipinos employed in tourism-related industries,” she added.

Philippines is set to host the World Travel Awards 2024

Philippines to host World Travel Awards 2024 in September

JADE VERONIQUE YAP

GMA Integrated News

11 July 2024

The Philippines is set to host the World Travel Awards 2024.

During a press conference held at the M.I.C.E Con 2024 by the Department of Tourism (DOT) on Thursday, DOT Secretary Christina Frasco announced that the country will host the annual World Travel Awards this September.

As seen in the World Travel Awards website, the awarding ceremony will commence on Sept. 3 at the City of Dreams Manila in Parañaque City.

For this year’s edition, the Philippines bagged seven nominations, including Asia's Leading Beach Destination, Asia's Leading Dive Destination, and Asia's Leading Island Destination.

Intramuros is also nominated once again as Asia's Leading Tourist Attraction, while Boracay and Cebu is nominated as Asia's Leading Luxury Island Destination and Asia's Leading Wedding Destination, respectively.

DOT, on the other hand, is nominated for the Asia's Leading Tourist Board award again.

Last year, Manila City secured its first-ever award at the prestigious World Travel Awards, earning the title of the World’s Leading City Destination for 2023.

Alongside this recognition for the city, the Philippines also maintained its 2022 titles as the World’s Leading Dive Destination and Beach Destination.

The World Travel Awards is a London-based organization established in 1993 and is known as the Oscars of the travel industry. It acknowledges excellence in travel and tourism at the national, regional, and global levels.

—CDC, GMA Integrated News

PPA will spend about P16 billion to build several infrastructure projects

Port Authority to invest P16 billion in 14 big-ticket projects

Tyrone Jasper C. Piad 

Inquirer.net

10 July 2024

The Philippine Ports Authority (PPA) will spend about P16 billion in the next four years to build several infrastructure projects, including 14 big-ticket port developments across the country, in line with the increasing passenger and cargo traffic.

Jay Daniel Santiago, general manager of the ports regulator, told reporters on Tuesday that the 14 major maritime projects were targeted to be completed by 2028.

“We’ve started engaging consultancy services for the feasibility studies already,” he said.The study will involve site survey primarily to identify locations that require further connectivity via sea transport, Santiago explained. These projects are clustered into three sections based on island groups.

In Luzon, the projects are Port Capinpin Expansion project in Orion, Bataan; Currimao Port Expansion and Restoration project; Jose Panganiban Port Improvement project in Camarines Norte; Balogo Port in Camarines Sur; and Wharf in Claveria Port of Cagayan.

The projects in Visayas are Wharf and Operational area construction at Catacbacan Port in Loon, Bohol; Tapal Port Expansion in Ubay, Bohol; New Port Development projects in Lavezares, Northern Samar; Babatngon Port in Leyte; Banago Port Improvement Project in Negros Occidental; and Ormoc Port Extension Project in Leyte.

In Mindanao, the PPA will work on the construction of a cargo ship port in Dapa, Surigao del Norte; upgrading of general cargo berth at Davao City Port of Sasa; and expansion of Plaridel Port in Misamis Oriental.

Along with this, the PPA is also in the process of crafting a master plan to develop 10 sea terminals across the country.

 

These terminals are located in Davila, Pasuquin, Ilocos Norte; Puerto Galera, Oriental Mindoro; Taytay, Palawan; Buenavista, Guimaras; San Carlos, Negros Occidental; Dumaguete, Negros Oriental; Lazi, Siquijor; Catbalogan, Samar; Zamboanga, Zamboanga del Sur; and Cagdianao, Dinagat Islands.

This year, Santiago said passenger traffic would likely pick up by 30 to 33 percent while cargo movement would improve by 10 to 13 percent.

He expects seaports to get busier toward the end of the year because of the usual holiday traffic.PPA reported that passenger traffic on sea terminals had surged by 24 percent to 73.61 million last year from 59.19 million in 2022. However, this was still below the 2019 level of 83.72 million passengers.

Meanwhile, cargo throughput last year grew by about 5 percent to 271.97 million metric tons (MT) from 259.14 million MT in 2022. This exceeded the prepandemic volume of 265.88 million MT in 2019. INQ

The Philippines’ startup scene is rapidly gaining traction

Philippines’ startup ecosystem growing fast —Brainsparks, e27

By GMA Integrated News

July 10, 2024 

The Philippines’ startup scene is rapidly gaining traction, according to startup incubator Brainsparks and ecosystem platform e27.

"The growth we are seeing in the Philippine startup ecosystem is encouraging for both startups and venture capitalists. There are immense opportunities for innovation and entrepreneurship here. Our startups are becoming more competitive in the region,” said Brainsparks co-founder Artie Lopez. 

Likewise, e27 co-founder Thaddeus Koh said the Philippines is becoming the prime market for startups, emphasizing its potential and funding opportunities.

"The Philippines is a thriving hub for tech companies. Its strategic location in Southeast Asia, coupled with a highly skilled and affordable workforce, grants access to a massive regional market and acts as a gateway to neighboring economies,” Koh said. 

The e27 co-founder said that with a rapidly growing population and a government that actively promotes foreign investments through sound policies, the Philippines has a “vast potential consumer base for business.”

According to the Global Startup Ecosystem Report, the Philippines’ startup ecosystem was valued at $6.4 billion, nearly doubled the $3.5 billion valuation the year prior. 

Brainsparks and e27 have partnered to introduce Echelon—a tech and startup business conference— in the Philippines.

Echelon Philippines 2024 is scheduled for September 26 and 27 at SMX Convention Center. It will feature business matchings that foster regional partnerships, facilitating funding and investments crucial for startup growth. 

“The Philippines is an ideal location for the tech community to flourish. We want to put the spotlight on the Philippines and create more opportunities for everyone through Echelon Philippines 2024,” Koh said. — Ted Cordero/BM, GMA Integrated News 

Bimby & Josh visit First Lady Liza Marcos

Kris Aquino's sons Josh, Bimby visit First Lady Liza Marcos’ office

Katrina Domingo, 

ABS-CBN News

Jul 09, 2024

MANILA -- Joshua and Bimby Aquino — grandsons of late Marcos critic and opposition Sen. Benigno “Ninoy” Aquino Jr. — visited First Lady Liza Araneta-Marcos on Tuesday.  

The First Lady posted a photo with the sons of Kris Aquino — the youngest daughter of democracy icons Ninoy and Cory Aquino — after they visited her office in Manila.  

“Thank you Bimby and Josh for dropping by,” the First Lady’s caption read.  

“It was so nice to see you guys after all these years,” she said.  

In a separate post, the First Lady thanked the Aquino boys for giving her a box full of gifts from their overseas trip.  

“Thank you for taking time off to visit me, Bimby and Josh. Love my pasalubong,” she said.  

The Presidential Communications Office (PCO) has yet to respond to queries about why the Aquino brothers visited Mrs. Marcos.  

The First Lady is the daughter-in-law of late dictator Ferdinand Marcos Sr., who has been accused of masterminding the assassination of his political rival, Sen. Aquino.  

Sen. Aquino’s death on the tarmac of the Manila International Airport in 1983 triggered protests and condemnation against the Marcos family.

The opposition leader’s death eventually prompted his wife Corazon to challenge Marcos Sr. for the presidency, a fight that led to the historic EDSA People Power Revolution, which ended the dictator’s decades-long rule.  

DLSU: Philippines can achieve upper middle-income economy status this year 2024

No need to wait long: Upper-middle economy status coming this year —DLSU

Story by Alden M. Monzon 
Inquirer.net
09 July 2024

The Philippines can achieve upper middle-income economy status this year, earlier than the government’s projection that such status is attainable only by 2025, according to the De La Salle University (DLSU).

The forecast was made using DLSU’s software ANIMO Annual Model version 2.0, which calculated that the country’s gross national income (GNI) per capita would hit $4,572.86 by the end of this year.

“We have the exchange rate depreciating. So, in a sense, the numerator is smaller. Also, the population growth is lower,” Mariel Monica Sauler, an associate professor at the DLSU Department of Economics, told the Inquirer on the sidelines of a briefing organized by the university at the Makati Diamond Residences.

GNI per capita, or the total amount of money earned by a country’s people and businesses, is computed by converting the GNI to US dollars and dividing it by the population.

The Philippines has languished in the lower middle-income group of economies since 1987, making 37 long years of trying to expand its economy in step with population growth. This is the classification for economies with per capita GNI of between $1,146 and $4,515.

According to the latest classification from the World Bank, upper middle-income economies deliver a per capita GNI of at least $4,516 to as much as $14,005.

Beyond 2024, DLSU has projected that the country’s per capita GNI would rise to $4,892.85 next year, $5,225.09 in 2026, $5,521.59 in 2027 and $5,9191.40 in 2028.

To speed up its economic progress, DLSU economics professor Jesus Felipe said the Philippines should put more focus on its manufacturing sector and modernize the agriculture industry.

“We lack firms that produce products that compete in international markets. We need an industrial policy centered on the creation of competitive firms that make high-quality products,” he added. INQ

South Korea, Philippines Expand Air Services Agreement

South Korea, Philippines Expand Air Services Agreement

David Casey 
Aviation Week
July 08, 2024

South Korea and the Philippines have agreed to expand international air services between the two countries.

The memorandum of understanding (MOU) finalized on July 4 allows for an increase in capacity between Manila Ninoy Aquino International Airport (MNL) and Seoul Incheon International Airport (ICN) to 30,000 weekly seats. Previously, airlines could operate up to 20,000 weekly seats on routes from Manila to South Korea. 

Limits on flights from Manila to other points in South Korea have meanwhile been removed. 

The updated arrangement liberalizes third and fourth freedoms, allowing more passenger traffic between the capital cities and increasing overall connectivity. Additionally, flights from points outside Manila to all points in South Korea remaining unrestricted should enhance regional connectivity and benefit local economies in both countries.

South Korea is the Philippines’ main source of international visitors, with incoming Korean tourists reaching 1.4 million in 2023. According to the Philippine Department of Tourism, there had already been more than 680,000 arrivals from South Korea this year by May 2024, accounting for around one in four foreign tourists arriving to the Philippines.

This latest MOU replaces a previous agreement signed in 2017. 

Additionally, the Philippine government has proposed an amendment to allow airlines designated by the Philippines to operate based on having their principal place of business in the country. Although no agreement was reached, both parties agreed to revisit the issue in future discussions. They also plan to discuss South Korea’s proposal to permit third-country codesharing arrangements.

Jeju Air is the largest provider of capacity between South Korea and the Philippines at present, OAG Schedules Analyser figures show, accounting for a 20.4% share of all seats. Korean Air has a 14.9% share, followed by Philippine Airlines on 13.9%. Asiana Airlines (12.5%) and Jin Air (9.7%) complete the top five.

Analysis of the data reveals that there are 11 nonstop routes currently operating in the market—five of which are from ICN to Cebu, Clark, Kalibo, Manila and Tagbilaran. Alongside ICN, MNL is connected to two other points in South Korea through services from Busan and Cheongju.

David Casey is Editor in Chief of Routes, the global route development community's trusted source for news and information.

Philippines and Japan sign defense pact

Japan and Philippines ink key military pact in defense ties upgrade

The Japan Times
By Gabriel Dominguez and Jesse Johnson
Staff Writers
08 July 2024

Japan and the Philippines on Monday signed a highly anticipated visiting-forces agreement, paving the way for greater bilateral and multilateral defense cooperation amid escalating tensions between the two partners and Beijing in the disputed East and South China Seas.

Ground Self-Defense Force personnel take part in a joint amphibious landing exercise with Philippine and U.S. troops in San Antonio, in the Philippines' Zambales province, in October 2018. | AFP-JIJI

The two U.S. allies signed the Reciprocal Access Agreement (RAA) shortly after Foreign Minister Yoko Kamikawa and Defense Minister Minoru Kihara met with Philippine President Ferdinand Marcos Jr.

The agreement, which still needs parliamentary approval, will enable larger and more complex joint military exercises and grant the Self-Defense Forces greater access to Philippine bases, potentially even enabling rotational deployments.

The pact stipulates jurisdiction in the event a service member commits a crime or causes an accident in the other’s country. It also eases restrictions on the transportation of weapons and supplies for joint training and disaster relief operations.

The agreement comes after months of negotiations, and is Japan’s first with a Southeast Asian country.

Kamikawa and Kihara, who were in Manila for a "two-plus-two" meeting between the countries' defense and foreign ministers, lauded the agreement.

“As the security environment surrounding us becomes more and more severe, it is extremely important to highlight cooperation and coordination with our allies and with like-minded countries in order to maintain peace and stability in the Indo-Pacific region,” Kihara told a joint news conference.

“The RAA signed today is groundbreaking, and I hope that cooperative exchanges between the SDF and the Philippines will become even more active,” he added.

While Japanese forces have regularly visited the Philippines in recent years, they have often “piggybacked on U.S.-Philippine training activities,” said John Bradford, a military expert and former country director for Japan at the Office of the U.S. Defense Secretary.

“But with the latest pact, we can now expect more bilateral activities,” he said, noting that the RAA will not only result in more cross-training but, more importantly, also in “streamlined procedures that will make such activities less costly and reduce the lead time needed to go from proposal to deployment.”

Foreign Minister Yoko Kamikawa and Philippine Defense Minister Gilberto Teodoro shake hands after signing a Reciprocal Access Agreement at the Malacanang Palace in Manila on Monday. The key defense pact will allow the deployment of troops on each other's territory, as they boost ties in the face of China's growing assertiveness. | POOL / VIA AFP-JIJI

Though Kamikawa said Monday that closer Japan-Philippine security ties were “not aimed at a specific country,” China’s “aggressive moves” near disputed islands and features — in particular around the Philippine outpost on Second Thomas Shoal in the South China Sea and near the Japanese-controlled Senkaku Islands in the East China Sea — have provided “a motivating cause for cooperation,” said Jeffrey Hornung, a senior political scientist and Japan lead at the Rand Corp. think tank.

The pact will not only make it much easier and faster for the SDF to be deployed to the Philippines for drills, but also in times of crises, including natural disasters, while helping improve bilateral operational readiness and interoperability.

At the same time, the RAA will strengthen trilateral cooperation with U.S. and possibly Australian forces, both of which have signed similar pacts with the Philippines.

The visiting-forces agreement will be Japan's fourth overall, following its 1960 Status of Forces Agreement with the U.S., and its RAAs with Australia in 2022 and the U.K. last year.

Tokyo also recently launched negotiations for a similar pact with France, reflecting the speed at which Japan is deepening and expanding its network of international security partners — particularly with other U.S. treaty allies.

Hornung said the speed at which Tokyo’s latest RAA negotiations progressed was “remarkable,” especially given that Manila only announced its intent to sign the deal last November.

“The negotiations Japan had with Australia and the U.K. for those RAAs took years,” he said.

Concerns over the fate of democratic Taiwan, which China claims as a renegade province, were believed to have played an outsize role in the need for a quick agreement.

The Philippines’ proximity to both Taiwan and key sea lanes in the South China Sea makes it an attractive staging point for the U.S. and its allies that could boost their ability to respond to regional crises.

This has made reinforcing defense relations with Manila a critical element in both Tokyo and Washington’s calculus for deterring and countering Beijing.

According to Masashi Murano, a Japan expert at the U.S.-based Hudson Institute think tank, the RAA could also enable SDF surface-to-ship missile units to drill with powerful U.S. offensive weapons such as HIMARS and new midrange missile systems on Luzon Island, although Japanese political concerns could prevent such a move.

It would also allow the Ground Self-Defense Force’s Amphibious Rapid Deployment Brigade and U.S. Marines or special forces to train with small, ground-launched loitering munitions and drones capable of electronic attacks.

“These could create a denial zone from the northern Philippines to southern Taiwan — which would be part of what (U.S. Indo-Pacific Command chief) Adm. Samuel Paparo calls a ‘hellscape’ that would put at risk Chinese naval vessels attempting to pass through the Bashi Channel,” Murano said.

The U.S. — which last year gained access to four more military sites in the Philippines, in addition to five that were previously agreed to — has been helping the Philippines bolster its defense capabilities.

Japan has also expanded security ties with its mutual U.S. ally, agreeing in May to provide a $415 million loan for additional coast guard ships, as well as making Manila the first beneficiary of a military aid program that provides defense equipment for free to like-minded nations.

U.S. President Joe Biden (center) with Philippine President Ferdinand Marcos Jr. (left) and Prime Minister Fumio Kishida at their trilateral summit at the White House in Washington in April | REUTERS

While Japan and the U.S. have been separately strengthening ties with the Philippines, Washington has recently also sought to bring the countries closer together to deepen trilateral defense cooperation and build up what it calls “collective capacity.”

From a global perspective, Bradford said, increased security cooperation between Tokyo and Manila will help fortify a "maritime wall" along what is known as the first island chain, which links the Japanese islands, Taiwan and the Philippines.

But critics say that beefing up deterrence without taking into account potential responses — and with only minimal diplomatic efforts made to address worsening relations — runs the risk of escalating confrontation. This is especially the case as maritime disputes between the Philippines and China threaten to drag the U.S., and possibly even Japan and Australia, into a larger crisis.

Beijing has repeatedly criticized such U.S.-led defense constructs as attempts to militarily encircle China.

Meanwhile, as Japan looks to balance its ties with China, the ostensibly pacifist country is also likely to face high political and legal hurdles for rotational SDF deployments to the Philippines, experts say — though these hurdles are slowly being lowered.

“Given that the U.S. Army's Mid-Range Capability Typhon missile system, deployed in April this year for the purpose of joint U.S.-Philippines exercises, is still being deployed in the Philippines, the boundary between deployment for the purpose of exercises and rotational deployments is becoming ambiguous,” Murano said.

Ultimately, while the symbolism involved in the pact sends a powerful message to China, it is not expected to dramatically change the way Tokyo cooperates with Manila, which has limits to how far it will go in confronting Beijing.

“I think it useful to see this as yet another step that brings (Japan and the Philippines) closer together,” said Naoko Aoki, a political scientist with the Rand Corp.

“As the two countries increase cooperation, I think it is important for them to discuss what they are prepared to do during contingencies,” she said.

“While an answer to this may not be clear immediately, I think it is important for Japan and the Philippines to continue their strategic dialogue to gain a better understanding about each other’s thinking.”

Justin Brownlee part of All-Star Five award in Riga FIBA OQT

Justin Brownlee claims All-Star Five award in Riga FIBA OQT

Story by Reuben Terrado

Spin.ph

08 July 2024

JUSTIN Brownlee has been named as part of the All-Star Five in the Riga FIBA Olympic Qualifying Tournament after lifting Gilas Pilipinas to a semifinal finish.

The Gilas Pilipinas naturalized player is joined in the list by Rihards Lomazs of Latvia, Jeremiah Hill of Cameroon, Leo Meindl of Brazil, and Bruno Caboclo of Brazil, who eventually won the MVP.

The All-Star Five distinction adds to the list of accomplishments of Brownlee, but this time, a first in a Gilas Pilipinas uniform.

Brownlee performance in FIBA OQT

A three-time PBA Best Import, Brownlee averaged a tournament-high 23 points, 8.3 rebounds, and 6.3 assists in Gilas Pilipinas’ campaign in the FIBA OQT where they came two wins short of qualifying in the Paris Olympics.

Brownlee established the tone for Gilas Pilipinas in the tournament when he went for 26 points, nine rebounds, and nine assists in the stunning upset win over world No. 6 Latvia, 89-80, in front of their home fans.

With no rest, Brownlee scored 28 points, eight rebounds, and eight assists in Gilas Pilipinas’ loss to Georgia that sealed their place in the semifinals.

So good was Brownlee in the tournament that he was the primary focus of Brazil in their semifinal game. Brownlee was limited to 15 points in the Philippines’ 71-60 defeat.

After the FIBA OQT, Brownlee is set to rejoin Barangay Ginebra in its campaign in the PBA 49th Season Governors’ Cup where he will be eyeing for his seventh title in the domestic league.

Philippines tops global ranking on investor relations and debt transparency

PH top performance in debt transparency report boosts public trust

By Anna Leah Gonzales
Philippine News Agency
July 7, 2024

MANILA – The Philippines topping the global ranking on investor relations and debt transparency is a testament to the proactive efforts of the Department of Finance (DOF) in boosting public trust and engagement, Secretary Ralph Recto said.

“It is very encouraging to see that the Philippines is setting a global benchmark in investor relations and debt transparency,” Recto said in a media release on Sunday.

The Philippines topped the debt transparency ranking, according to the Institute of International Finance (IIF) 2024 Investor Relations and Debt Transparency Report.

Out of 50 countries surveyed by the IIF, the Philippines scored the highest with 12.5 out of 13.

The debt transparency score assesses sovereign borrowers' data and policy dissemination practices.

It takes into account adherence to enhanced transparency practices; user-friendliness of macroeconomic and environmental, social, and governance (ESG) data formats; and availability of ESG data, among others.

The Philippines also ranked first in the survey on investor relations with a near-perfect score of 48.8 out of 50. It evaluates the overall investor relations practices of countries across 23 criteria.

Recto said transparency is most important, especially regarding government debt, to clearly show the public where their taxes and borrowings go.

“This transparency reflects the Marcos, Jr. administration’s commitment to managing the country’s finances prudently and sustainably to ensure a future of fiscal stability for Filipinos," Recto said.

“Through constant dialogues, we equip our creditors and investors with the knowledge and insights needed to make informed assessments of our country's performance,” he added.

The Philippines’ debt transparency initiatives are being led by the Bureau of the Treasury (BTr), which releases to the public regular comprehensive reports on the central government's fiscal outturns and debt portfolio.

These include the National Government Cash Operations Report, which outlines the actual monthly and annual revenue collections, expenditures, and financing of the national government; and the National Government Debt report monthly, with details of the outstanding obligations of the government.

The government also releases an annual Fiscal Risk Statement that outlines current trends concerning macroeconomic and fiscal performance, public debt, monetary policy, as well as potential risk exposure and mitigation measures in place.

The BTr likewise releases the auction calendar to provide market participants with insight about the intended tenor and volume of treasury bills and bond issuances.

On strengthening investor relations, the DOF engages in multiple domestic and international Philippine Economic Briefings (PEBs) to serve as an avenue for the government to provide investors with updates on the country's economic and financial performance, as well as developments on key policies and programs.

The PEBs provide investors with the opportunity to share their insights and express their concerns with the government for better policymaking.

Since Recto took office, the Philippines already held PEBs in Manila, the United States and Japan. (PNA)

Alethea Ambrosio is crowned Miss Supranational Asia and Oceania in Poland

Alethea Ambrosio is crowned Miss Supranational Asia and Oceania in Poland

Story by Armin P. Adina 

Inquirer.net

07 July 2024

The Philippines’ Alethea Ambrosio was crowned Miss Supranational Asia and Oceania at the conclusion of the Miss Supranational 2024 pageant in Nowy Sacz, Poland, on July 6 (July 7 in Manila).

Her coronation also makes her the first Filipino woman to receive the continental title, and it came two days after Brandon Espiritu became the first entry from the Philippines to advance to the Top 5 of the Mister Supranational contest. He finished third overall.

Ambrosio and Espiritu won in the twin staging of The Miss Philippines and Mister Pilipinas Worldwide in October last year, and officially received their assignments as the country’s delegates to the Supranational competitions in February.

At the Miss Supranational pageant, Ambrosio advanced to the Top 12 of the competition. Part-Filipino Yuki Sonoda from Japan made it to the Top 25. Their fellow Asian delegate Harashta Haifa Zahra made history for Indonesia by winning the country’s first Miss Supranational crown.

Jenna Dykstra from the United States settled for the first runner-up spot, while heavy favorite Justyna Zednikova from the Czech Republic finished as second runner-up. Brazil’s Isadora Murtia was third runner-up, while Curacao’s Chanelle de Lau rounded up the winner’s circle as fourth runner -up.

Meanwhile, Ambrosio’s fellow continental queens were South Africa’s Bryoni Govender for Africa, Mexico’s Andrea Saenz for the Americas, Puerto Rico’s Fiorella Medina for the Caribbean, and Denmark’s Victoria Larsen for Europe.

Before flying to Poland for the international competition, Ambrosio has already crowned her successor as Miss Supranational Philippines, Tarah Valencia who was third runner-up in the 2024 Miss Universe Philippines pageant. She will compete in next year’s Miss Supranational contest.

Mutya Johanna Datul remains to be the lone Filipino woman to be proclaimed Miss Supranational. She won the title at the international competition’s fifth edition in 2013. Last year’s representative Pauline Amelinckx almost scored a second victory for the Philippines when she finished as first runner-up.

Philippines, 4 Asian countries to link instant payment systems

Philippines, 4 Asian countries to link instant payment systems

Story by Keisha Ta-Asan 

Philstar Global

07 July 2024

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) and its global partners have completed the blueprint for the third phase of its Nexus Project and is now preparing for the final phase, which includes the live implementation of cross-border payments connectivity globally.

The BSP, the Bank for International Settlements (BIS) and four other Asian central banks will now work on the next stage of connecting their instant payment systems (IPS) seamlessly.

“Phase four will see the Central Bank of Malaysia, the BSP, the Monetary Authority of Singapore, the Bank of Thailand and domestic IPS operators – who worked together in phase three – joined by the Reserve Bank of India, expanding the potential user base to India’s Unified Payments Interface (UPI), the world’s largest IPS,” it said.

Bank of Indonesia will continue to be a special observer to the project. The Indonesian central bank took part in phase three and will continue in this capacity to follow the project in the next stage of its development.

To facilitate live implementation, the central banks and IPS operators have agreed to establish the Nexus Scheme Organization (NSO). The NSO will be responsible for managing Nexus.

“The NSO will be wholly owned by the central banks and/or IPS in participating countries, depending on the specific domestic structures,” it said.

BSP Governor Eli Remolona Jr. said the central bank would continue to work with the Philippine payments industry, the BIS and other interested countries in the live implementation of Project Nexus.

“Empowered by a shared vision of efficient and reliable cross-border payments, the collaboration between the BIS and ASEAN central banks has been rather effective, and I’d like this to continue,” Remolona said.

“Central banks have always played a role in payments as a public good. With Nexus, this role will be extended to cross-border payments, maximizing the network effects,” Remolona said.

Remolona added that the Nexus Project would provide overseas Filipinos a cheaper and faster way to send money back home. It will also facilitate the globalization of Filipino small and medium scale enterprises.

Nexus is designed to standardize the way domestic IPS connect to one another. The IPS operator only needs to make one connection to Nexus. This single connection would enable the IPS to reach all other countries in the network.

The BIS will play an advisory role as Project Nexus sets up an operational scheme and opens to potential new participants across the globe.

It will also facilitate cooperation among central banks and IPS operators of India, Malaysia, the Philippines, Singapore and Thailand as they work towards live implementation.

BIS general manager Agustin Carstens said the Nexus Project could connect a market of 1.7 billion people globally, providing them a means to do instant payments in a faster and cheaper way.

“This is the first BIS Innovation Hub project in which central banks are moving towards a live phase together with instant payment providers,” he said.

“When implemented, it will greatly enhance cross-border payments in line with both the G20 cross-border payments program and our mission to develop public goods in the technology space to support central banks and improve the functioning of the financial system,” he added.