PILAR, Bataan, Apr 9 (Mabuhay) — President Benigno S. Aquino III announced on Tuesday the government’s effective implementation of the Filipino Veterans Equity Compensation Law. In his speech keynoting the commemoration of the 71th Araw ng Kagitingan rites at Mt. Samat Shrine here, the Chief Executive said that some 18,700 Filipino veterans were already given […]
PASSI CITY, Iloilo, Apr 11 (Mabuhay) — President Benigno S. Aquino III has committed to augment the hardworking Ilonggos’ industries, commerce and economy by vowing to provide more infrastructure projects in the province. The President gave his commitment in his speech during a meeting with local leaders and the community here on Wednesday. Among the […]
President Benigno S. Aquino III delivers his message during the Meeting with local leaders and the community at the Rizal Park in San Pedro Street, Davao City on Wednesday (March 06, 2013). In photos are Team PNoy candidates that include Aurora Lone District Representative Juan Edgardo “Sonny” Angara, former National Youth Commission (NYC) chairperson Paolo Benigno “Bam” Aquino IV, former Akbayan Partylist Representative Ana Theresia “Risa” Hontiveros-Baraquel, Senators Alan Peter “Compañero” Cayetano and Francis Joseph “Chiz” Escudero, former Movie and Television Review and Classification Board (MTRCB) chairperson Mary Grace Poe-Llamanzares, Senator Loren Legarda, former Senators Maria Ana Consuelo “Jamby” Madrigal and Ramon Magsaysay, Jr., Senators Aquilino Martin “Koko” Pimentel III and Antonio “Sonny” Trillanes IV, and former Las Piñas Representative Cynthia Villar. (MNS photo) MANILA, Mar 7 (Mabuhay) – President Benigno S. Aquino III cited the role of the telecommunications sector in facilitating the free flow of information to our countrymen. “Knowledge empowers our people and sustains the momentum of our nation’s ongoing revitalization. As part of the telecommunications sector, you act as conduits that facilitate the free flow of information to our countrymen,” the Chief Executive said in his message to the Federation of International Cable TV and Telecommunications Association of the Philippines (FICTAP) on Thursday. The FICTAP opened its 14th International Cable Congress and Exhibit on Thursday at the Manila Hotel. The event would end on Friday. “It is necessary that we remain attentive to the advances in technology in your industry, that we may keep our countrymen informed Read More …
President Benigno S. Aquino III converses with Davao City Vice Mayor Rodrigo Duterte during the Meeting with local leaders and the community at the Rizal Park in San Pedro Street, Davao City on Wednesday (March 06, 2013). (MNS photo) DAVAO CITY, Mar 7 (Mabuhay) — President Benigno S. Aquino III cited the people of Davao for supporting his administration’s reform program saying that with their help, his agenda of ridding government of graft and corruption is now bearing fruit. In his speech during a meeting with local leaders and the community at the Rizal Park here on Wednesday, the President said that after a little over two years in office, the benefits of an efficient and effective government that is made for the people is nearing realization. He said that through the implementation of infrastructure, education, and business programs in the province, more prosperity has been coming to the people and the province of Davao. “Mula po sa ipinagkaloob ninyong tiwala noong nakaraang halalan, hanggang sa patuloy ninyong pakikiisa sa tuwid na daan, lagi po tayong makakaasa sa suporta’t pakikiisa ng mga Davaoeño. Daghang salamat sa mga kabag-uhan na inyong gihimo ug padayon pa nga ginahimo,” the President said to delight, loud applause and cheer of the residents of Davao. “Mulat po ang mga Davaoeño sa mga tagumpay na nakamit natin dahil sa pagtitiwala ninyo sa ating agenda ng mabuting pamamahala,” he added. For infrastructure, the President said that since July 2011 to April 2012, the Department of Public Works Read More …
President Benigno S. Aquino III exchanges pleasantries with Accenture chairman and chief executive officer Pierre Nanterme during a courtesy call at the Music Room, Malacañan Palace on Thursday (February 28). Accenture is a US$27.9 billion global management consulting, technology services and outsourcing company, with approximately 259,000 people serving clients in more than 120 countries. Also in photo is Accenture chief operating officer Jo Deblaereo and Trade and Industry Secretary Gregory Domingo. (MNS photo) MANILA, Feb 28 (Mabuhay) – President Benigno S. Aquino III welcomed global outsourcing company officials who expressed confidence in the local market in Malacanang on Thursday. Accenture Chairman and Chief Executive Officer Pierre Nanterme paid a courtesy call on the Chief Executive at the Music Room of Malacanang Palace. He was accompanied by Chief Operating Officer Jo Deblaere and Country Managing Director Manolito Tayag. Also in attendance was Trade and Industry Gregory Domingo. Nanterme reinforced Accenture’s confidence in the the local market and the world-class capabilities of Accenture’ Philippine workforce who provide innovative information technology (IT) and business process outsourcing (BPO) solutions and services to top global clients. Accenture Philippines is the country’s leading management consulting, technology services and outsourcing company, with approximately 30,000 employees working in 16 facilities in its Manila and Cebu delivery centers. The Accenture Philippines works with an international client base in Europe, Asia and North America. It plays a strategic role in Accenture’s ASEAN growth strategy. The officials reaffirmed their commitment to partner with government in its advocacy to provide more jobs and Read More …
(Map coutesy of www.sabah.edu.my) President Benigno S. Aquino III appealed to Sultan Jamalul Kiram III of Sulu to recall his followers holed up in a portion of Lahad Datu town in the eastern province of Sabah, Malaysia in order to peacefully end the two-week standoff between Malaysian authorities and the Sulu Sultan who has been pressing his people’s claim to said land. The President aired his appeal in a press conference with the Malacanang Press Corps that was aired over government-run television and radio stations People’s Television (PTV-4) and dzRB Radyoo ng Bayan on Tuesday. “And so this is my appeal to you: These are your people, and it behooves you to recall them. It must be clear to you that this small group of people will not succeed in addressing your grievances, and that there is no way that force can achieve your aims,” the President said. “You are a leader of your clan, and every leader seeks the well-being of his constituents. These times require you to use your influence to prevail on our countrymen to desist from this hopeless cause,” he added. According to the President, Philippine and Malaysian authorities have been coordinating efforts to peacefully resolve the situation…and have not ceased.” “What is clear is that a peaceful resolution of this issue is to everybody’s interest. Even if we assume, for the sake of argument, that there are legitimate grievances, the presence of an armed group in Lahad Datu will only bring us further away Read More …
Jalaur River Multi-Purpose Project (JRMP) Stage II(Photo courtesy of www.iloilotoday.com) IlOILO CITY) President Benigno S. Aquino III said that various reforms are already in place to effectively address all the issues and concerns of the water sector as part of the administration’s efforts to revitalize the country’s agriculture and energy sectors. In his speech during the ceremonial ground-breaking of the Jalaur River Multi-Purpose Project (JRMP) Stage II held at the Iloilo Provincial Building along Bonifacio Drive on Thursday, the Chief Executive assured that the government continues to implement various programs to achieve the government’s goal of rice self-sufficiency by year 2013. He said the JRMP project in Iloilo province will boost the country’s agriculture sector. “Oras na matapos ang proyekto, apatnapu’t tatlong porsyento ng lupang agraryo dito sa Iloilo ang magkakaroon ng irigasyon. Ibig-sabihin, inaasahan natin na dodoble ang maaaning bigas sa rehiyon, at aangat nang tatlumpung porsyento ang produksyon pati na ng tubo. Ilan lamang po ito sa positibong ambag ng Jalaur River Project sa ating sektor ng agrikultura,” the President said. The P11.21 billion project will also boost the energy and trade sectors. “Malinaw po, kung ang layunin natin ay ang pangalagaan ang interes at kinabukasan ng ating mamamayan, dapat lamang na karugtong nito ang paninigurong may maayos na mekanismo’t malinaw na istratehiya para sa sistemang patubig ng ating bansa,” the President stressed. The JRMP project will also augment the supply of good quality and potable water for domestic and industrial consumption in the nearby municipalities, including Iloilo Read More …
MANILA, Philippines – The American Chamber of Commerce of the Philippines (AmCham) supports the government’s plan to review the Foreign Investment Negative List (FINL), citing that it is beneficial to update rules with the current environment. AmCham director Robert Sears said the group is backing the government’s plan to review the FINL. “It is always good to review outdated laws,” he said in a text message. Earlier this week, economic managers such as Finance Secretary Cesar Purisima, National Economic and Development Authority director general Arsenio Balisacan and Trade Secretary Gregory Domingo agreed to undertake a review and hold consultations for the FINL. Purisima said the plan is to present the results of the review and consultations to President Aquino. Sears, however, noted that only items in the list would be examined and they would not be review lifting economic restrictions in the Constitution. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The FINL identifies activities reserved to Filipino businesses and the limits to the participation of foreign enterprises in these areas. The latest list or the 9th FINL was released by the government in October last year. The FINL, which was introduced in 1991, is reissued every two years. Although the list is updated, it is not seen to have provided changes to help encourage more foreign investments. Earlier, the Joint Foreign Chambers said that since 1991, only two major changes have been made to the FINL, these include the opening of retail trade to foreign investors pouring in Read More …
MANILA, Philippines – Property giant Megaworld Corp. has doubled its investment commitment for its first township project in Cebu to P20 billion. The development is seen to be a major driver for the economic growth of Cebu given its job generation and business opportunities, the company’s top executive said. “In the next seven years, we are investing P20 billion in this township to build luxury residential condominiums, office towers, a world-class lifestyle mall, our very own Richmonde Hotel and soon, a sports and leisure facility,” said Megaworld chairman and CEO Andrew L. Tan. “We see the Mactan Newtown as a major driver of growth for Lapu-Lapu City and Cebu in general in terms of job opportunities, sports and recreation, retail shopping and of course, tourism,” Tan said. The 16-hectare Mactan Newtown development was formally inaugurated yesterday with President Aquino as guest of honor. In June last year, President Aquino signed Proclamation No. 407 declaring The Mactan Newtown as a mixed-use special economic zone for information technology, tourism and retirement under the Philippine Economic Zone Authority. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Megaworld launched two luxury residential condominiums in the township project last year: the 8 Newtown Boulevard and One Pacific Residence, both of which are already sold out. “A new residential cluster will be launched this year,” Megaworld said. Megaworld partnered with the Philippine Retirement Authority to allow foreigners who want to retire in the urban community project to get a special resident retiree’s visa. For its Read More …
President Benigno S. Aquino III delivers his speech during the welcome reception for the 46th Asian Organization of Supreme Audit Institutions (ASOSAI) Governing Board Meeting delegates at the Rizal Hall, Malacañang Palace on Monday (February 18). ASOSAI is one of the regional groups of the International Organization of Supreme Audit Institutions. It is an international organization composed of the Supreme Audit Institutions of 46 member countries in Asia. (MNS photo) President Benigno S. Aquino III meets with delegates to the 46th Asian Organization of Supreme Audit Institutions (ASOSAI) Governing Board Meeting for a group photo souvenir with COA officers during the Welcome Reception at the Rizal Hall, Malacañan Palace on Monday (February 18). ASOSAI is one of the regional groups of the International Organization of Supreme Audit Institutions. The ASOSAI is an international organization composed of the Supreme Audit Institutions of 46 member countries in Asia. (MNS photo) MANILA, Feb 19 (Mabuhay) — President Benigno S. Aquino III welcomed Monday the members of the Asian Organization of Supreme Audit Institutions (ASOSAI) as he expressed hope that their activities in the Philippines will give them additional knowledge and experience for the benefit of their respective countries. “I am sure that you, as members of the Asian Organization of Supreme Audit Institutions, understand just how important this kind of transparency is: every single peso—every yen, ringgit, or baht—must be accounted for, as we are spending this money on behalf of our people,” the President said in his speech before the ASOSAI members Read More …