Asia – Page 2 – Author Carlo Carrasco

New Debit Mastercard Launched By BPI

March 5, 2026March 3, 2026carlocarrasco

A new debit Mastercard was launched recently by the Bank of the Philippine Islands (BPI) which will be available for free for clients who open an account through bank branches and also for existing clients whose existing cards are about to expire or are due for renewal, according to a business news report by GMA Network.

To put things in perspective, posted below is an excerpt from the report of GMA News. Some parts in boldface…

The Bank of the Philippine Islands (BPI) has launched a new debit Mastercard made from 100% recycled PVC-free plastic, as the Ayala-led lender boosts its sustainable banking efforts.

The new card will be available for free for clients who open an account through the bank’s branches and for existing clients with cards nearing expiry or are already due for renewal. Clients who switch to the new card will be charged a P200 replacement fee.

The card—which features a curved notch at the bottom left corner—can be requested through the BPI app or BPI Online, and may be available for pickup at the preferred branch.

“Reimagining the BPI Debit Mastercard to become an eco-friendly card is a testament to BPI’s commitment to its values of sustainability and innovation,” BPI Mass Retail head Jenny Lacerna said in an emailed statement.

“By using sustainable materials for our card, we hope to make sustainable behavior the default option for everyone,” she added.

Let me end this post by asking you readers: What is your reaction to this recent development? What is your observation about the new debit card launched by BPI? If you are an existing BPI account holder, do you intend to request for the new card?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Las Piñas City Government To Pursue Legal Action Versus Online Shopping Platforms Over The Selling Of Fake Friendship Route Stickers

March 5, 2026March 3, 2026carlocarrasco

In a serious move against the selling of fake friendship route stickers online, the City Government of Las Piñas that it will pursue legal action against three online shopping platforms that constantly made such items available to customers, according to a news report by the Manila Bulletin. The City Government reiterated that using fake friendship route stickers constitutes penalties.

To put things in perspective, posted below is an excerpt from news report of the Manila Bulletin. Some parts in boldface…

The Las Piñas city government has intensified its crackdown on the illegal sale and use of counterfeit Friendship Route stickers and is preparing to pursue legal action against three online platforms.

Las Piñas City Mayor April Aguilar said the three online platforms were reportedly openly selling counterfeit Friendship Route stickers.

Aguilar stressed that legitimate Friendship Route stickers are distributed free of charge to residents of Las Piñas City.

She warned that selling or using fake stickers is a violation of City Ordinance No. 715-06 and may result in fines and possible imprisonment.

Under the ordinance, violators will be fined P500 for the first offense, P1,000 for the second offense, and P3,000 for succeeding offenses.

Those found violating other provisions of the ordinance may face a fine of up to P5,000 or imprisonment of up to six months, or both.

While the Manila Bulletin report did not mention the names of the online shopping platforms, the City Government’s official announcement explicitly mentioned Shopee, Lazada and Facebook Marketplace.

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Did you notice that fake Las Piñas friendship route stickers have long been offered for sale in online shopping platforms with prices in the hundreds of Pesos each? Do you personally know anyone using a fake friendship route sticker while driving within the city? Do you hope that City Government’s move will compel the online shopping platforms to crack down on the sellers of the fake friendship route stickers?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

“Muntinlupeño First” Emphasized In Mayor Biazon’s Speech

March 5, 2026March 3, 2026carlocarrasco

During the 31^st City Anniversary celebration of Muntinlupa City, the concept of “Muntinlupeño First” was emphasized by Mayor Ruffy Biazon during his State of the City Address held on March 2, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…

Mayor Ruffy Biazon emphasized the principle of “Muntinlupeño First” in his State of the City Address (SOCA) during the celebration of Muntinlupa’s 31st Cityhood Anniversary on March 2.

For Biazon, the phrase was not a rhetoric but a governing standard, a discipline that requires every government decision to begin with one question: “Makakabuti ba ito sa Muntinlupeño?” (Will this be good for Muntinlupeño?).”

He said public funds are sacred, that policy must be driven by evidence rather than expediency, and that true progress is built on systems, not personalities.

“When we put the Muntinlupeño first, we do not merely move forward. We move forward — together,” he said.

Strengthening systems – In his address, Mayor Biazon listed the achievements and outlined the city government’s continuing priorities in health, education, livelihood, environment, social justice, peace and order, and infrastructure, underscoring that disciplined governance produces measurable outcomes.

In healthcare, his administration continues to focus on maternal and child health, particularly during the first 1,000 days of life, alongside expanded nutrition interventions and intensified immunization efforts.

At the city-run Ospital ng Muntinlupa, improvements are ongoing. The Emergency Room has been renovated, while the Out-Patient Department now operates in a new building designed to improve patient flow and comfort. Renovations are also in the pipeline for the patient rooms, dialysis center, laboratory facilities, operating rooms, and pharmacy.

“These are not cosmetic changes. They are deliberate investments in quality, safety, and dignity in healthcare delivery,” said Biazon .

Investing in education and local opportunity – Biazon reaffirmed the city government’s commitment to sustaining one of the largest local scholarship investments in the country, alongside strengthened technical-vocational training and industry partnerships aimed at linking education directly to employment.

“We are not only producing graduates. We are cultivating professionals. Opportunity must not depend on circumstance, it must be built into the system,” he said.

In employment, he reiterated the principle behind the 70–30 Local Employment Ordinance, which mandates that at least 70 percent of a company’s rank-and-file workforce be composed of Muntinlupeño residents.

“Muntinlupeño First remains clear. We protect local workers — but we also adapt responsibly to ensure that opportunity continues to come home,” he said.

Recognizing partners in progress – As part of the cityhood anniversary program, the city government recognized the top 10 taxpayers, whose contributions help fund scholarships, healthcare services, infrastructure, and social protection programs.

“Without you, we would not be able to implement programs that uplift hundreds of thousands of Muntinlupeños. Your contribution translates into real services, real opportunities, and real impact,” said Biazon.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you satisfied with the current state of the city? What can you say about the local business environment, the quality of local healthcare and the efficiency of services rendered by the City Government? As a citizen of Muntinlupa, do you feel like you are valuable resident?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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What to watch on YouTube right now – Part 126

March 4, 2026February 26, 2026carlocarrasco

Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching. Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?

I recommend you check out the following videos I found.

#1 Dead Rising Revisited – I can hardly believe that it will be twenty years since I first play Dead Rising on a rented Xbox 360 console. Released by Capcom in August 2006, Dead Rising is a zombie apocalypse adventure game developed by a Japanese team with Keiji Inafune (Mega Man) as producer. As its story was mainly set in a shopping mall, the game was easily compared with the Dawn of the Dead movies. When I first played it, I was hooked as the gameplay was pretty playable and the in-game action was entertainingly exaggerated. That said, now is a good time to revisit Dead Rising with the video below.

#2 The Binions In Las Vegas –I have toured Las Vegas twice in my life. Still, I never actually visited Binion’s Gambling Hall and Hotel which is located in Downtown Las Vegas on the Fremont Street Experience. Historically, it is know as the place where the World Series of Poker started and it had a unique gambling atmosphere with classic table games and low-limit slots. However, if you look even deeper into the history of the Binions place and the family that originally owned, there is something darker and intriguing to discover. Watch and learn from the video below.

#3 Night Of The Living Dead (1968) Revisited – What is there to say about the original Night of the Living Dead movie from 1968? The George Romero-directed zombie apocalypse movie has long been declared as the most definitive zombie horror movie and was considered as the turning point in horror film-making. As such, it is not surprising to see the movie (in public domain since the beginning) featured in multiple movie reaction videos and retrospective videos on YouTube. For your curiosity and enjoyment, watch the videos below.

#4 Notable Places Beneath Tokyo Tower – The last time I toured Japan was way back in 1997. During that same trip, I visited Tokyo Tower and enjoyed a fine view of the city several feet above ground. As our city tour moved on a somewhat tight schedule, I was not able to fully explore Tokyo Tower. That said, Nippon TV posted recently a video about the places to shop, visit and dine beneath the famous tower. Watch and learn from the video below.

#5 Street Fighter Alpha 2 SNES Version Examined – Back in 1996, I was an avid arcade gamer and Street Fighter Alpha 2 was my favorite among the many 2D fighting games available in local arcades. In late-1996, copies of Street Fighter Alpha 2 running on the Super Nintendo Entertainment System (SNES) were displayed in game stores which caught my attention because I never expected the console to be capable of processing the game and making it playable (note: Street Fighter Alpha games of the time were prominently released on PlayStation and Sega Saturn). To examine closely the quality of the SNES port of Street Fighter Alpha 2, watch the video below.

#6 Democrats’ Chuck Schumer Proved Himself Pathetic – Do you have a high-ranking representative or leader in government who does NOT care about you and the nation at all? The Democrats of America today are a bunch of unhinged, twisted, wicked and unpatriotic people who do not really care about the American people. One of them is the Democrats’ leader in the US Senate Chuck Schumer who prioritized the rainbow pride flag over America. Watch the video below.

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Road Safety Park In Muntinlupa City Inaugurated

March 4, 2026March 3, 2026carlocarrasco

During the 31^st City Anniversary celebration of Muntinlupa City, the much-awaited Muntinlupa City Road Safety Park was formally inaugurated by the City Government and the Department of Transportation (DOTr) in Barangay Tunasan on March 2, according to a news report by The Manila Times.

For insight, the Muntinlupa City Road Safety Park is a 3,140 square-meter interactive facility designed to emphasize to children the rules of traffic and traffic discipline through on-location simulations. The facility is located at the Tunasan Baywalk. I first blogged about the road safety park in 2025.

To put things in perspective, posted below is an excerpt from the news report of The Manila Times. Some parts in boldface…

THE Muntinlupa City government has inaugurated its Road Safety Park in Tunasan village as part of the city’s 31st Cityhood Anniversary celebration, marking what officials described as a long-term investment in safer and more disciplined road use.

*The front of the Muntinlupa City Road Safety Park. (photo source – City Government of Muntinlupa)*

Established in partnership with the Department of Transportation, the facility is a learning space where children can learn proper road use through simulations and traffic signage.

The park features a mini road network, pedestrian lanes, cycleways, training areas, and road sign installations designed to teach students and young road users the fundamentals of traffic discipline in a controlled environment.

“Together with our 31st Cityhood Anniversary, we inaugurated the Muntinlupa Road Safety Park in partnership with the DOTr. This is a dedicated learning space where children can learn the proper use of the road through actual road simulations and traffic signage,” Mayor Ruffy Biazon said.

The mayor described the project as personal, recalling that while he was still in Congress in 2019, he filed a proposal to integrate road safety into the basic education curriculum.

*The ribbon-cutting done by Mayor Ruffy Biazon and DOTr acting transport secretary Giovanni Lopez with lots of guests as witnesses. (photo source – City Government of Muntinlupa).*

“I believed then, and I believe even more now, that discipline on the road does not start when getting a driver’s license — it starts while one is still young,” he said.

He added that teaching children at an early age about proper road use, respect for traffic laws, and understanding of road signs would help prevent future accidents and tragedies.

“Roads are a shared responsibility — whether you are a motorist or a pedestrian,” he said.

Biazon said the city immediately proposed the project when funding from the DOTr became available, emphasizing that the park allows children to learn through experience — not only from books but also through actual simulation.

Acting Transportation Secretary Giovanni Lopez and Metropolitan Manila Development Authority General Manager Nicolas Torre III attended the inauguration along with other transport and local officials.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you delighted to see the Muntinlupa City Road Safety Park inaugurated and made accessible to the public already? Have you visited the facility already?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Filipina Worker In Israel Killed By Iranian Missile

March 4, 2026March 3, 2026carlocarrasco

As the Islamic terrorist state of Iran – which lost its demonic Ayatollah Ali Khamenei – kept on firing missiles and drones at several locations in the Middle East in retaliation to the joint US-Israel military operations, a Filipina worker in Israel got killed by an Iranian missile and already the embassies of both the Philippines and Israel expressed their condolences to the victim’s family, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the report of the Manila Bulletin. Some parts in boldface…

Israel’s embassy in the Philippines has expressed its condolences to the family of the Filipina caregiver who was killed during an Iranian missile attack on Tel Aviv amid the ongoing Middle East conflict.

Mary Ann Velasquez de Vera, 32, from Basista, Pangasinan, lost her life when a missile struck her apartment on March 1, according (to) the Israel Embassy in Manila. Before this, she was still assisting her patient to safety while she, herself, was already injured.

“Mary Ann, like so many overseas Filipino workers in Israel, exemplified resilience, compassion, and quiet strength,” the Israeli Embassy in Manila said.

“She was identified by her husband, who is also an overseas Filipino worker in Israel, and their family,” it added.

“Israel joins in the profound sorrow of her family and the Filipino community. We mourn together and honor Mary Ann’s memory with dignity and respect. May her soul rest in peace,” it also said.

The Philippine Embassy in Tel Aviv also conveyed its condolences to the bereaved family through a phone call made by Ambassador Aileen Mendiola to her husband. Mendilola assured him of the Philippine government’s full assistance.

In a separate news report by GMA News, Israeli Ambassador to the Philippines Dana Kursh confirmed that the Jewish state has committed to providing lifetime support to the family of the victim. Under under Israeli law, the families of individuals injured or killed during a conflict — whether Israeli citizens or foreign nationals — are entitled to lifetime benefits.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines should suspend diplomatic ties with the Islamic terrorist state of Iran? Do you think the terrorist regime of Iran should be held accountable for attacking civilians with missiles and drones so indiscriminately? How long do you think the conflict in the Middle East will last? Are you hoping that Trump’s America, Israel and all the affected nations of the Middle East will band together to end the Islamic terrorist government of Iran? Did you notice any Islamist in your local community expressing support for Iran and Islamic terrorists?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Wanted Virtual Assistant Arrested In Parañaque City For Qualified Theft

March 3, 2026February 26, 2026carlocarrasco

Recently in the city of Parañaque, a wanted virtual assistant was apprehended by the local police for four counts of qualified theft, according to a news report by the Manila Bulletin. The police officers were armed with a warrant of arrest.

To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…

A female virtual assistant facing four counts of qualified theft through falsification of private documents was arrested during an operation in Parañaque City on Feb. 24.

The suspect was identified as “Maria,” 28, a resident of Barangay San Dionisio, and was listed as the No. 6 most wanted person. She was arrested by members of the Parañaque City Police–San Dionisio Substation along Dr. A. Santos Avenue.

Maria was arrested after police served a warrant of arrest issued by Judge Regina Paz Ramos-Chavez of the Parañaque City Regional Trial Court, Branch 274. The court recommended bail of P130,000.

The suspect is now detained at the Parañaque City Police custodial facility pending the return of the warrant to the issuing court.

Southern Police District (SPD) Director Brig. Gen. Randy Arceo said the arrest is a clear message that no one can hide from the law.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you concerned that there could be more people who worked as virtual assistants who could have committed theft? When doing transactions, do you do it over-the-counter or online?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Pakistani Men Arrested In Parañaque City For Selling Fake Medicine

March 2, 2026February 25, 2026carlocarrasco

Recently in the city of Parañaque, three men from Pakistan were arrested by the Philippine Drug Enforcement Agency (PDEA) for selling fake medicine, according to a news report by the Philippine Daily Inquirer (PDI).

To put things in perspective, posted below is an excerpt from the news report of the Inquirer. Some parts in boldface…

Three Pakistani men were arrested at a Parañaque City subdivision for allegedly selling counterfeit medicine, the Philippine Drug Enforcement Agency (PDEA) said on Monday.

The foreigners were tracked to a subdivision in Barangay Sun Valley on Sunday afternoon, the PDEA said in a statement.

The agency identified the arrested suspects as “Waseem,” 60; “Mohy,” 54; and “Salman,” 25.

“Seized evidence included 24 packages of Midazolam Injection IP, thousands of tablets and vials of Valium, Nalbin, NLB Injection, Bional Plus and Rivotril,” the agency detailed.

Authorities also confiscated “various counterfeit drugs such as Ibuprofen Medicol Advance, Rabies Vaccine (Human IP), Buscogast, Tuseran Forte, Testosterone Enanthate, Evitek-OCE and Provera Tablets among others,” PDEA added.

It estimated that the allegedly counterfeit medicines seized were worth an initial P120,000, but it noted that an inventory of the total quantity and value of other suspected drugs in the suspects’ possession was still ongoing.

“Non-drug items recovered included cash, accounting records, mobile phones, identification cards, passports, a barcode scanner, and machinery allegedly used in handling counterfeit drugs,” PDEA further said.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you concerned that the city is getting infiltrated by foreign nationals who planned to commit criminal activities? Are there many Pakistani nationals staying within your local community right now? What do you think makes Parañaque an ideal city for illegal aliens and related criminal activities?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Philippine Exporters Feeling Uneasy Over Trump’s New 15% Global Tariff

March 1, 2026February 26, 2026carlocarrasco

The new 15% tariff on imports announced by US President Donald Trump after reacting to the Supreme Court of the United States (SCOTUS) decision is already troubling exporters of the Philippines, according to a report by BusinessWorld.

There is concern that the new tariff may dampen the export recovery of the Philippines. It should be recalled that the American tariff on Philippine-made goods was set at 19% following the meeting between President Trump and Philippine President Ferdinand “Bongbong” Marcos, Jr. last year.

To put things in perspective, posted below is an excerpt from the BusinessWorld news report. Some parts in boldface…

THE United States government’s plan to impose a new 15% tariff on imports may dampen the Philippines’ export recovery and disrupt supply chains, according to analysts.

“Under a 15% tariff, there might be a disruption in the supply chain, because other countries might negotiate or diverge [to other markets],” Philippine Exporters Confederation, Inc. President Sergio R. Ortiz-Luis, Jr. said in a phone call.

“Unfortunately, our competitors here in the ASEAN (Association of Southeast Asian Nations) are supported by their governments, but we aren’t,” he added.

Mr. Ortiz-Luis said the Philippine government must resume negotiations with its US counterparts to ensure exports remain competitive.

Philippine Institute for Development Studies Senior Research Fellow John Paolo R. Rivera said the new tariffs could dampen export recovery, especially for electronics, garments, and agricultural sectors.

“The renewed threat of a 15% global tariff signals that protectionist risks remain and could dampen export recovery if implemented, especially for semiconductors and intermediate goods integrated into US supply chains,” he said in a Viber message.

US President Donald J. Trump said he wants to impose a new 15% duty on US imports from all countries, starting Tuesday, Reuters reported. (Read related story “Asian economies weigh impact of fresh Trump tariff, uncertainties” on S1/11).

This after the US Supreme Court struck down his previous tariff program, ruling that Mr. Trump had exceeded his authority when he imposed higher tariffs under an economic emergency law.

Government officials emphasized that the US remains an important trading and investment partner.

“We will continue to engage with (the US). A stable and predictable arrangement with the US will be very beneficial to our stakeholders,” Trade Undersecretary Allan B. Gepty said in a Viber message.

Finance Secretary Frederick D. Go earlier said that the majority of the country’s exports — like semiconductors and key agricultural goods — were already exempted before the US Supreme Court’s ruling.

The US has long been the Philippines’ biggest export market. From January to December 2025, the value of Philippine exports to the US stood at $13.44 billion.

“We don’t know under what authority he (Mr. Trump) will impose those tariffs, and if these will last. We will have to wait until the dust settles to properly assess the impact of his new universal tariffs,” Foundation for Economic Freedom President Calixto V. Chikiamco said in a Viber message.

Reuters reported the new US tariffs are grounded in a separate but untested law, known as Section 122, that allows tariffs up to 15% but requires congressional approval to extend them after 150 days.

Foreign Buyers Association of the Philippines President Robert M. Young said its members have been resuming talks with its US buyers.

“We have survived, for the last eight months, the US’ 19% tariff. So, I think we have to just go on with what we are doing, and we’ll try our best to just lower our price to be competitive with other ASEAN nations,” he said via telephone.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Filipino exporters will do better with the new 15% tariff instead of the previous one set at 19%? If you are managing a company that makes products for export mainly to the United States, do you have any backup plans when dealing with new tariffs?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Cerberus’ P5.31 Billion Unsolicited Proposal For Subic Bay International Airport Development Under SBMA’s Review

February 28, 2026February 25, 2026carlocarrasco

When was the last time you visited the Subic Bay International Airport (SBIA)? In recent times, the US-based company Cerberus Asia Pacific Investments, LLC (Cerberus) proposed to manage, operate and rehabilitate the said airport for P5.31 billion and it has been endorsed by the Public-Private Partnership (PPP) Center. The unsolicited proposal is officially being reviewed by the Subic Bay Metropolitan Authority (SBMA), according to a news report by BusinessWorld.

To put things in perspective, posted below is an excerpt from the business news article of BusinessWorld. Some parts in boldface…

THE P5.31-billion unsolicited proposal of US-based investment company Cerberus Asia Pacific Investments, LLC (Cerberus) to manage, operate, and upgrade Subic Bay International Airport (SBIA) is now being reviewed by the Subic Bay Metropolitan Authority (SBMA) after the go signal from the Public-Private Partnership (PPP) Center.

“This unsolicited project was endorsed by the (PPP) Center to the IA (implementing agency) after being determined complete… The Subic Bay International Airport PPP is currently undergoing the approval process of SBMA,” the PPP Center told BusinessWorld on Tuesday.

According to the PPP Center, the SBMA will be the approving body for the project. If approved, the airport project will be under an operate-add-transfer contract arrangement.

Once the SBMA approves the project, it will begin negotiations with the project proponent. The government will then formalize the Original Proponent Status and initiate the Swiss Challenge process.

The Swiss Challenge is a process where other companies can submit better offers, but the original proponent has the right to match them.

Cerberus Capital Management is an investment firm managing approximately $65 billion in assets. Its global network of affiliates includes Cerberus Asia Pacific, which focuses on investments in logistics, infrastructure, technology, and energy.

Cerberus already operates part of a 310-hectare lot of a former South Korean-owned shipyard located west of the airport for which it had submitted an unsolicited bid.

“In theory, competitive bidding is king. In the reality of the SBIA, Cerberus is the catalyst we need. It is time to choose strategic results over procedural delays,” Rene S. Santiago, former president of the Transportation Science Society of the Philippines, said in a Viber message.

Nigel Paul C. Villarete, a senior adviser on public-private partnerships at the technical advisory group Libra Konsult, said that solicited bidding would be more feasible and faster, as it enables the government to define the contract’s parameters and coverage.

“Many of our public facilities should be operated by the private sector to attain a lot of the efficiencies that they can do, which are often difficult to attain within the government realm,” Mr. Villarete said.

For Mr. Villarete, a government-led solicited procurement process will always be preferable.

However, since an unsolicited proposal has already been submitted, the government’s role is to enter into negotiations, introduce the necessary changes and amendments, and only then present the proposal to the public for challenge, he said.

“There should be a negotiation period for the two parties to discuss any amendments required by the government before this is published for challenge,” he said.

Cerberus’ proposal covers the rehabilitation of SBIA assets and the development of new facilities to expand capacity and attract new tenants.

The company has also committed to invest “considerable financial resources” and utilize its real estate management capabilities in developing the airport.

In its proposal the company said that it will maintain the existing leases but only for the “early years” of its concession period.

“Cerberus plans to maintain the status quo of existing operations by honoring existing leases and retaining incumbent employees. In parallel, Cerberus will invest significant capital expenditure to improve SBIA’s infrastructure and operations, whilst building new hangars and storage facilities to reestablish SBIA as a major hub for commercial cargo operations and to expand SBIA’s government logistics operations,” it said.

The company added that it will monitor and evaluate airport fees to optimize SBMA’s returns under the revenue-sharing agreement, while supporting efforts to attract and manage both existing and new airport tenants.

This revenue-sharing scheme would be the determining factor if the proposed 25-year concession agreement were extended, PPP Center said.

Let me end this post by asking you readers: What is your reaction to this recent development? What is your opinion about the current state of the international airport inside the Subic Bay Freeport Zone? Do you think so much more can be achieved with the Subic Bay International Airport in terms of expanding flight connectivity, attracting more tourists from overseas and paving way for more foreign commerce to enter the freeport?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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