INQUIRER.net 2:55 pm | Monday, November 4th, 2013 New Zealand’s Foreign Minister Murray McCully (L) MANILA, Philippines–New Zealand Minister of Foreign Affairs Murray McCully announced Monday that New Zealand is providing $NZ850,000 (approximately P30 million) in humanitarian assistance to the Philippines following the recent disasters that have hit Central Visayas and Mindanao. “We are deeply sympathetic to the plight of people affected by these crises,” said New Zealand Ambassador Reuben Levermore, in an official statement sent via email to media companies. “We hope that the assistance announced today by Minister McCully will aid in the rapid recovery of the communities affected by the Bohol Earthquake and flooding in Zamboanga.” New Zealand’s assistance package will contribute $500,000 through UNICEF as one of the key implementing partners of the United Nations appeal following the Bohol earthquake. Another $100,000 has been allocated to draw on New Zealand technical expertise to help the Philippine government further assess the earthquake damage and prepare for reconstruction work. Ambassador Levermore said that New Zealand’s contribution responds to the international appeal launched by the United Nations after a new assessment revealed that an estimated 370,000 people had been left living in temporary shelters after the 7.2 earthquake struck two weeks ago. In addition, $250,000 is being provided for urgent water, sanitation, and hygiene facilities for the conflict-displaced population living in Zamboanga City, where recent flooding has placed significant pressure on emergency shelters and created serious health risks. The New Zealand Aid Programme already supports disaster risk management and Read More …
By Doris C. DumlaoPhilippine Daily Inquirer 11:13 pm | Friday, November 1st, 2013 Chinatrust (Philippines) Commercial Bank Corp. will assume a new corporate name in line with a global brand alignment spearheaded by its Taiwanese parent bank. Chinatrust will soon become CTBC Bank (Philippines) Corp., or simply CTBC Bank. The rebranding is spearheaded by the bank’s parent holding company CTBC Financial Holding Co. Ltd. (formerly Chinatrust Financial Holding Co. Ltd.). The parent hopes to unify its diversified interests in banking, securities, life insurance, insurance brokerage, investment, trust, venture capital, asset management and leasing, among others, under a more distinctive brand—CTBC. “This move also aims to support the holding company’s overseas business development and strengthen its strategic objective of becoming an easily recognized, unified global brand,” CTBC Philippines president Mark Chen said. Chen clarified that the bank’s corporate colors and brand promise—“We Are Family”—remains the same. Also, there will be no change in the bank’s ownership, business strategy, operations, agreements and transactions, as well as its products and services offerings. “As we transition to this exciting phase of our growth, our focus remains with our customers. This change will enable us to continue to provide them with personalized, local service and innovation that is reinforced by our foreign bank strength and resources,” Chen said. CTBC Bank first opened its doors in the Philippines in 1995, providing financial services to both local and foreign companies in the country, aside from serving the needs of middle-income consumers. In 2002, it entered the consumer Read More …
INQUIRER.net 3:33 pm | Thursday, October 31st, 2013 US Embassy in Manila, Philippines. AP FILE PHOTO The Embassy of the United States in Manila and its affiliated offices will be closed to the public on Friday, November 1, 2013, in observance of All Saints’ Day, a Philippine holiday. The Embassy and its affiliated offices will resume services on Monday, Nov. 4. Follow Us Recent Stories: Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines. Tags: all saints’ day , Global Nation , Holidays , u.s. embassy Factual errors? Contact the Philippine Daily Inquirer’s day desk. Believe this article violates journalistic ethics? Contact the Inquirer’s Reader’s Advocate. Or write The Readers’ Advocate: c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Volunteers for and members of the Philippine Red Cross team carry goods that were transported through a boat after a bridge collapsed from a massive quake that hit Bohol. ALANAH TORRALBA/ IFRC The United Nations on Friday appealed for $46.8 million (P2.01 billion) in international aid for more than 380,000 people in Bohol province now living in tents after a 7.2-magnitude earthquake struck Central Visayas last week. Australia was the first to respond, announcing on Friday that it would provide up to P124 million in aid to support the Philippine government’s response to the humanitarian emergency caused by the earthquake in Bohol and Cebu province. The earthquake flattened homes, schools, clinics, centuries-old churches and other vital infrastructure, killing more than 200 persons. A further 35,000 families need emergency shelter while more than 380,000 residents of Bohol require assistance for basic needs like water, sanitation, food and health services for six months, UN resident humanitarian coordinator Luizha Carvalho said. “At this moment, the Philippines is the one [country] that really stands alone with the highest of needs and the highest requirements,” Carvalho told a news conference. Carvalho said she hoped donors would still give money despite a series of recent natural and man-made disasters that also required international assistance, such as a destructive typhoon in December last year and Moro rebel attacks that destroyed parts of the southern city of Zamboanga last month. “We have a very interesting pattern of several events that are happening almost simultaneously and we still hope Read More …
By Tina G. SantosPhilippine Daily Inquirer 8:21 pm | Thursday, October 10th, 2013 INQUIRER FILE PHOTO MANILA, Philippines — The controversial Disbursement Acceleration Program has been paying for Philippine Coast Guard patrols at Bajo de Masinloc off Zambales province, as well as in other disputed areas in the West Philippine Sea (South China Sea), Transportation Secretary Joseph Emilio Abaya said Thursday. “We looked through our records and the discussion on the DAP. There were funds released to the PCG in September 2012. Forty-four million [pesos] was released as additional MOOE (maintenance and other operating expenses) for the patrol operations at Bajo de Masinloc,” said Abaya, who was guest of honor at the PCG’s 112th anniversary celebration on Thursday. “Likewise, P105 million was allocated for the capability requirements of PCG operations in the West Philippine Sea,” he added. The Bajo de Masinloc, also known as Panatag Shoal and internationally as Scarborough Shoal, is at the center of a territorial dispute between the Philippines and China, with the Philippines bringing the dispute to a United Nations tribunal for arbitration. Concrete blocks that could be used to anchor construction posts had been sighted at the shoal recently. Last year, Chinese fishing vessels were discovered illegally poaching endemic Philippine marine species in its waters. A standoff ensued when Philippine authorities were prevented from apprehending the fishermen by Chinese navy ships that blocked them. China has also been claiming nearly all of the South China Sea, parts of which the Philippines calls the West Philippine Read More …
BIR Commissioner Kim Henares. INQUIRER FILE PHOTO MANILA, Philippines — The Bureau of Internal Revenue expects its American counterpart — the Internal Revenue Service — to help find any assets that Janet Lim Napoles and her family may have in the United States. BIR Commissioner Kim Henares confirmed, on Thursday, reports that the tax bureau has sought the assistance of the IRS, and she expressed confidence the latter would give a favorable response given the existence of a tax treaty between the Philippines and the United States. Henares said that under the tax treaty of the Philippines with the United States, as well as with many other countries, each of the two parties could seek the assistance of the other in pursuing people guilty or suspected of tax evasion. Member-countries of the influential and international group Organization for Economic Cooperation and Development (OECD), to which the Philippines and the Unites States are members, are expected to help out in efforts to catch tax evaders and money launderers, according to Henares. “Cooperation [between internal revenue agencies of member-countries] is a common practice. Non-cooperative countries may be subjected to blacklisting by the OECD,” she said in a phone interview. “So, yes we [the BIR] have asked assistance of the IRS. In return, we should also help them in case they need information from the Philippines on tax matters,” Henares also said. The BIR thought of seeking help from the IRS amid reports the Napoles family may have assets in the United States, Read More …
By Frances MangosingINQUIRER.net 6:53 pm | Thursday, October 10th, 2013 Indonesia’s military chief General Moeldoko pays a courtesy call to Armed Forces of the Philippines chief General Emmanuel Bautista on Thursday at the General Headquarters Camp Aguinaldo. He is on a “goodwill visit” to the country from October 9 to 11. Photo from AFP Public Affairs MANILA, Philippines – Indonesia’s military chief is in the Philippines for a three-day visit. General Moeldoko, commander-in-chief of Tentara Nacional Indonesia (Indonesian Defense Forces), paid a courtesy call to Defense Secretary Voltaire Gazmin and Armed Forces of the Philippines General Emmanuel Bautista on Thursday at Camp Aguinaldo. Military spokesman Lt. Col. Ramon Zagala said his visit was part of a tradition of military chiefs among Asean counterparts. He will be in the country from October 9 to 11. Follow Us Recent Stories: Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines. Tags: Features , General Moeldoko , Global Nation , Indonesia , Military Factual errors? Contact the Philippine Daily Inquirer’s day desk. Believe this article violates journalistic ethics? Contact the Inquirer’s Reader’s Advocate. Or write The Readers’ Advocate: c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
BANDAR SERI BEGAWAN — Myanmar won a new diplomatic prize Thursday for its dramatic political reforms, taking the helm of Southeast Asia’s regional bloc despite warnings from some critics that the move was premature. The one-time international pariah was formally awarded the rotating chair of the Association of Southeast Asian Nations (Asean) for 2014 at the end of the group’s summit in the oil-rich sultanate of Brunei. President Thein Sein said the theme of Myanmar’s chairmanship would be “moving forward in unity in a peaceful and prosperous community.” The former general has earned international plaudits and the removal of most Western sanctions for reforms that include freeing hundreds of political prisoners. Draconian media censorship has been scrapped and opposition leader Aung San Suu Kyi and her National League for Democracy have been welcomed into parliament following landmark by-elections last year. But the military and its political allies remain firmly in control of the country while religious violence and the continued arrests of activists have tempered optimism about the political changes. Addressing Asean leaders in Brunei, UN leader Ban Ki-moon hailed Myanmar’s “unprecedented reform process.” “However, I remain concerned about ongoing communal violence,” he added. Around 250 people have been killed and more than 140,000 left homeless in several outbreaks of Buddhist-Muslim violence around the country since June 2012. Critics said the decision to hand the reins to Myanmar highlighted the bloc’s wider disregard for human rights. “Sadly, respect for human rights has never been an important qualification for being ASEAN Read More …
Dark clouds pass over the Capitol in Washington in this October 1 file photo. Political chaos from legislative gridlock, the government shutdown and an increasing fear of a default on its debts have deepened global unease that Washington is distracted from world affairs and scrambling to solve its domestic crises. AP An unmistakable sense of unease has been growing in capitals around the world as the US government from afar looks increasingly befuddled — shirking from a military confrontation in Syria, stymied at home by a gridlocked Congress and in danger of defaulting on sovereign debt, which could plunge the world’s financial system into chaos. While each of the factors may be unrelated to the direct exercise of US foreign policy, taken together they give some allies the sense that Washington is not as firm as it used to be in its resolve and its financial capacity, providing an opening for China or Russia to fill the void, an Asian foreign minister told a group of journalists in New York this week. Concerns will only deepen now that President Barack Obama canceled travel this weekend to the Asia Pacific Economic Cooperation Forum in Bali and the East Asia Summit in Brunei. He pulled out of the gatherings to stay home to deal with the government shutdown and looming fears that Congress will block an increase in US borrowing power, a move that could lead to a US default. The US is still a pillar of defense for places in Asia Read More …
US President Barrack Obama . AFP BALI, Indonesia – A Malacanang spokesman on Saturday downplayed the absence of US President Barack Obama from two key summits— the 21st Asia-Pacific Economic Cooperation gathering here, and the Association of Southeast Asian Nations meet in Brunei right after— to be attended by regional leaders, including President Benigno Aquino III. For the Philippines, the goal is to further enhance economic ties with and attract more investments from 20 other APEC countries, an objective that Mr. Aquino is expected to promote also at the ASEAN summit where he will participate in a total of nine meetings. The Philippine President will show up at both summits amid the country’s maritime dispute with China. “I don’t think the Philippine objectives, which are a peaceful and rules-based resolution to the disputes, are going to be affected greatly by the absence of President Obama at one or two meetings,” Communications Secretary Ricky Carandang told reporters here. “Certainly, his presence here was welcome but this is a long game and if President Obama is not present in one or two meetings, then that’s not going to have an impact on our position.” Obama has decided to skip the two summits, including side trips to Malaysia and the Philippines, in the wake of a partial government shutdown triggered by a failure of the US Congress to pass a new federal budget as a result of a political standoff Democrats and Republicans. Observers said his absence won’t work well for his government’s Read More …