Tag: economics

Muntinlupa City finishes 8th among cities nationwide in collection efficiency of local revenues for 2021

Muntinlupa City finishes 8th among cities nationwide in collection efficiency of local revenues for 2021

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The City Government of Muntinlupa just added a new achievement to its record as it finished 8th among the many cities of the nation with regards to collection efficiency of local revenues for the year 2021, the Manila Bulletin reported.

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

The Muntinlupa City government took eighth place among cities in the Philippines in collection efficiency of local revenues in 2021.

The Bureau of Local Government Finance (BLGF) under the Department of Finance (DOF) announced the top performing provinces, cities, and municipalities based on locally sourced revenues (LSRs).

LSRs “are collections generated by LGUs [local government units] from real property tax, tax on business, other taxes, regulatory fees, service/user charges, and receipts from economic enterprises,” according to the BLGF.

“External Sources, on the other hand, are from Internal Revenue Allotment (IRA), other shares from national tax collection, inter-local transfer and extraordinary receipts/grants/donations/aids while other receipts include interest income and miscellaneous income,” according to the bureau.

Based on collection efficiency of LSRs, Muntinlupa LGU recorded a collection rate of 129.8 percent when its LSRs in 2021 totaled P3.728 billion, exceeding the target of P2.871 billion.

“Congratulations, Muntinlupa City! With a collection efficiency of 129.8%, Muntinlupa City is Top 8 in Collection Efficiency of Locally Sourced Revenues Nationwide for fiscal year 2021,” Muntinlupa Mayor Ruffy Biazon posted on Facebook.

The top 10 cities in collection efficiency of LSRs are Urdaneta City in Pangasinan, Taguig, Dasmarinas in Cavite, San Pedro in Laguna, Valenzuela, Roxas City in Capiz, Lapu-Lapu in Cebu, Muntinlupa, Cagayan de Oro City, and San Juan.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this recent development? Are you feeling happy knowing that collection efficiency by the City Government has been very good?

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 and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. 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/.

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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

President Marcos on nuclear power plants in the Philippines

President Marcos on nuclear power plants in the Philippines

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Last March, I highlighted an article published by the Philippine News Agency (PNA) related to nuclear power for the Philippines. Personally, I favor the use of nuclear power and the construction of nuclear power plants in the Philippines not just because it will provide clean and abundant energy but also because technologies and other means related to it all have advanced through the years. 

That being said, it was good that our new President Ferdinand “Bongbong” Marcos, Jr., mentioned nuclear power during the recent State of the Nation Address (SONA) specifically referring to the nation’s strategy towards building new nuclear power plants.

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

President Ferdinand “Bongbong” Marcos Jr. again expressed his desire to adopt nuclear energy as part of the country’s power mix, but said the government’s strategy has to be rethought.

“I believe it is time to re-examine our strategy towards building nuclear power plants in the Philippines,” Marcos said in his first State of the Nation Address (SONA) on Monday.

Marcos, however, did not mention the revival of the Bataan Nuclear Power Plant (BNPP), a project during his late father Ferdinand Marcos Sr.’s regime which has been mothballed for more than three decades.

In 1976, Marcos Sr. ordered the construction of the $2.3-billion BNPP, but it was shelved after three years due to safety concerns.

The Duterte administration had pegged the cost of reviving the BNPP at around $1 billion.

The President, instead, said that “there have been new technologies developed that allow smaller scale modular nuclear plants and other derivations thereof.”

In October 2019, Russian State Nuclear Energy Corp. (Rosatom) Overseas JSC and the Department of Energy (DOE) signed a memorandum of intent on cooperation to conduct a pre-feasibility study on the construction in the Philippines of nuclear power plants based on small modular reactor (SMR) technology.

Nevertheless, Marcos said the Philippines will comply with the International Atomic Energy Agency (IAEA) regulations for nuclear power plants “as they have been strengthened after Fukushima.”

The President said that public-private partnerships will play a role in realizing the goal of adopting nuclear power.

In the Philippine Senate, there is already support for President Marcos’ plan. Posted below is an excerpt from the Philippine News Agency article. Some parts in boldface…

Senate President Juan Miguel Zubiri said Tuesday he will fully support the plan of President Ferdinand Marcos Jr. to explore the country’s potentials on nuclear energy as a cheap and reliable source.

Marcos said in his first State of the Nation Address (SONA) on Monday that if the country wants to attract investors, both local and foreign, energy-level production must be increased.

“Why not? We are one of the few countries that have not looked at the nuclear option in Southeast Asia. The countries that are developing nuclear power in Asia — Indonesia, Thailand, Vietnam, Malaysia, even Singapore, are looking at the nuclear option, smaller nuclear power plants, and even Myanmar. We’re already left behind,” Zubiri said in an interview with a news channel.

Despite being a renewable energy advocate, as evidenced by the Renewable Energy Act which he authored, Zubiri admitted that there are not enough efforts to produce the energy requirement the country needs over the next six years.

“If you want to have an 8-percent GDP (Gross Domestic Product) growth rate, we better have an energy sector that is robust, that can deliver the power the different industries need to be able to power other programs and projects,” he said.

A nuclear power plant, Zubiri said, might take six years to develop starting from its infancy, but can deliver thousands of megawatts from a single plant.

He said the facility must be built right, strong enough to withstand calamities, and away from earthquake faults.

Senate President Pro Tempore Loren Legarda, a known environmentalist, said she is open to exploring the possibility of nuclear energy but it must be considered “clean energy”.

“I may not be an expert in nuclear energy. I am open to hearing discussions and consultations with various stakeholders and experts in science on nuclear energy. I have read that nuclear energy is said to be clean. However, what about the nuclear waste? I am interested to know how it will be handled. At the same time, the safety measures,” she said.

Senator Francis Tolentino is likewise in favor of nuclear energy, which he learned has zero emission.

Meanwhile, the government of France is willing to help the Philippines on nuclear power development. France itself has been a major nuclear power player and therefore their willingness to share their expertise is significant for Filipinos. Posted below is an excerpt from the PNA article. Some parts in boldface…

The French government is keen to help the Philippines develop its nuclear power program as the Marcos administration looks for other reliable sources of energy.

French Ambassador Michèle Boccoz said the embassy has met with some of the Cabinet members and nuclear power was listed among the key areas Paris and Manila could cooperate on.

“(T)here’s obviously an interest. As I said, we have an experience and expertise in many different sectors of renewable energy, including the nuclear sector,” Boccoz said at a reception in Makati City on Tuesday.

She said working on small modular reactors is “probably much more realistic” than reviving the Bataan Nuclear Power Plant.

“I think that this is a thing of the past because the technologies have evolved so much that it wouldn’t really make sense to work to build this kind of project and it’s probably too big and it probably needs too much of the grid to be operational,” she added.

“So having a sort of more modular systems is probably much more realistic and also in terms of the terrain here and the systemic risks and others. These are much smaller units that can be much more easily protected.”

Boccoz, meanwhile, clarified that talks are still in the “very early stages” as Manila has to put in place a framework first.

Let me end this piece by asking you readers: What do you think about the renewed national interest about nuclear power? Are the climate change extremists and modern day Leftists still lying to you that nuclear power is bad while unreliable energy forms like solar and wind power are better? Are you willing to give nuclear power in the Philippines a chance?

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 and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. 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/.

I Love Israel: Israel’s OurCrowd and Philippine investment firm establish partnership

I Love Israel: Israel’s OurCrowd and Philippine investment firm establish partnership

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If you are looking for breakthroughs within Israel-Philippine ties related to business or economics, be delighted over the news that an Israeli firm partnered with a local firm that will create opportunities for growth with regards to investing, according to a Manila Standard news report.

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

OurCrowd, Israel’s most active venture platform, and Einhorn Resources Inc, a Philippine investment firm, today announced a partnership that will provide Einhorn clients direct access to OurCrowd’s exclusive investments and mentorships to facilitate growth of Philippine startups.

The partnership was signed in Tel Aviv, Israel, between Dan Bennett, OurCrowd’s General Partner & Managing Director of Australia and Asia, and Jean Henri Lhuillier, Einhorn Resources Inc. CEO.

“This new partnership is an exciting opportunity to extend our pipeline into the vibrant investment community in the Philippines and to help nurture its startup ecosystem,” said Dan Bennett. “Einhorn Resources’ deep knowledge of the Philippine investment landscape will be instrumental to bringing our top-tier technology talent to that part of the world.

“Not only are we raising money for these opportunities both in Israel, the US and beyond, but this is an important opportunity for corporates and family offices to invest from the Philippines and to attract technology that will benefit their core business.” 

This collaboration, the first of its kind in the Philippines, provides Einhorn clients direct access to one of the world’s leading online venture platforms. OurWorld currently has $1.9 billion in commitments and has deployed capital to more than 347 portfolio companies and 39 funds in five continents. It also has 200,000 registered members from 195 countries which it allows to participate in vetted and early-stage firms and funds.

Currently, plans are being made to set up a regional incubator that will give growth opportunities to Philippine startups looking for Israeli tech expertise.

“We are excited to work with OurCrowd to pave the way for stronger ties for investment opportunities, traditional companies and tech solution collaborations,” said Jean Henri Lhuillier. “The partnership aims to open the funnel to a Philippine network of investors who can choose relevant companies to invest in as well as customize an online portfolio.”

Indeed, the OurCrowd-Einhorn partnership is a very welcome development and its impact will be felt in the years to come. Both the Philippines and Israel endured hardships related to the COVID-19 crisis over the past few years but there are efforts to not only recover economically and socially, but also emerge stronger from the pandemic. The economy of the Philippines is growing but more opportunities related to investing are needed and this is where the OurCrowd-Einhorn partnership comes in. To the local entrepreneurs reading this, please pay close attention to the above excerpt and start considering looking to Israel for opportunities and innovations in business. This partnership is truly a blessing from the Lord for both Israel and the Philippines! 

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful (not religious), you should be aware that Christians are meant to stand united with Israel, love the Jewish people and pray for the peace of Jerusalem. You can do your part supporting Israel by donating to Christians United for Israel (CUFI). Do not forget to read the Holy Bible, then pray in tongues to the Lord in the privacy of your room with the door shut.

Always be the fearless and aggressive church of Lord Jesus! Always stand in support of Israel and pray for President Marcos and all the other government officials who recently took office. Pray also for Israel constantly.

In ending this I Love Israel piece, posted below are Israel-related videos for your viewing pleasure and enlightenment.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. 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/.

The new normal for bread from the local bakeries?

The new normal for bread from the local bakeries?

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Have you been paying more for pandesal at your local bakery? In my experience, I love the pandesal of Mang Pandesal located along Tropical Avenue, BF International in Las Piñas City.  When I first visited them in 2019, they sold pieces of pandesal at P2 each. That is no longer the case anymore. Two days ago, I visited Mang Pandesal ang bought 20 pieces of pandesal at P2.50 each. That’s a total of P50.

Do the math, P2.50 is a notable increase of 25% over the previous price of P2 per pandesal which lasted for years at Mang Pandesal. While I still will buy pandesal from Mang Pandesal (note: they’re still the best in the BF Homes community), I am more conscious about how many pieces to buy each time I visit them.

Even as our country continues to struggle to recover from the COVID-19 crisis socially and economically, we have no choice but to face the new normal of bread from the local bakeries…a new normal of higher prices and/or smaller sizes of bread. There are both internal and external economic forces that have been affecting the many local bakeries around the Philippines. High fuel prices are just the tip of the iceberg, literally.

To put things in perspective, posted below is an excerpt from a recent Manila Bulletin article. Some parts in boldface…

Expect local bread to get smaller but become more expensive at the same time.

Albay 2nd district Rep. Joey Salceda made this rather depressing prediction as wheat, eggs, and sugar–all vital ingredients to breadmaking–have all shot up in price.

Salceda even has a clever word for it: “shrinkflation”.

“Bread will probably be the hardest hit by shrinkflation. Wheat prices have increased by 165 percent. At that point, breadmakers will probably both increase prices and shrink sizes,” the economist-solon said in a statement Sunday night, July 17.

Last March, Salceda warned of higher bread prices amid the Russia-Ukraine conflict, which affected the trade of wheat.

“Egg prices are also threatening to go out of control. Sugar supply is already problematic, noted the Bicolano.

“What we are likely to see us shrinkflation. Goods getting smaller instead of higher prices,” he noted.

Salceda said that while the government continues to try to control price hikes and resolve supply issues, manufacturers and millers can “fortify their products with vitamins and minerals”.

“Nutrition should be part of Science for Change, which is the DOST’s (Department of Science and Technology) flagship program. This should be one of the most relevant and immediate applications.

“Secretary [Fortunato] dela Pena also asked millers and breadmakers to consider other alternatives and additives to maintain nutritional value without increasing prices or reducing sizes significantly…So, in the meantime, while we solve the structural issues affecting price and supply, we can adapt,” the lawmaker said.

Pieces of pandesal.

Meanwhile, the Malaya Business Insight recently published an article about the struggle of community bakers. Posted below is an excerpt of their article with some parts in boldface…

Community bakers have lost 20 percent of their members due to the twin effects of the pandemic and rising raw material prices.

Princess Lunar, director of the Asosasyon ng Panaderong Pilipino, told the Balitaan sa Maynila yesterday, the fair price of pandesal should be P4 per piece to maintain its quality but bakers continue to sell at P2 to P2.50  but the size has considerably shrank to 18 grams.

Lunar said at P4, pandesal size can be restored to 30 g.

While pandesal is not a regulated commodity, community bakers cannot increase their prices because of competition among themselves as well as with commercial and industrial bakers which have economies of scale.

She said the group plans to come up with variants of pandesal at a much  bigger size  enhanced with more nutritious ingredients from agricultural crops like potato, cassava and other starches. The group plans to sell this at P8 to P10 per piece.

The value-added product can help elevate the stature of the pandesal which Lunar has termed as the “pambansang tinapay.”

She appealed to government to assist the group in conducting trainings to improve further the quality of their breads especially pandesal and ensure its sustainability.

Lunar said prior to the pandemic, about 40 percent of the flour requirements for bread go to community bakers. This has since shrank to 19 percent.

Lunar said from P785 per bag, the price of flour has gone up to P1,000. Since January when the Russia-Ukraine crisis started, the price of flour has gone up by P100 to P150 per bag.

Let me end this piece by asking you readers: Have you been paying more for pandesal at your local bakery? Does each pandesal piece look smaller in terms of size and content in relation to what you paid for? Are you willing to pay P4 per piece of pandesal? Are there any bakeries in your local community that shut down recently? Apart from pandesal, what other types of bread do you buy from your local community bakery?

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 and also please consider sharing this article to others as well as 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 at https://www.instagram.com/authorcarlocarrasco

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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Las Piñas City Mayor Aguilar to double efforts on serving the constituents

Las Piñas City Mayor Aguilar to double efforts on serving the constituents

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Last week in the City of Las Piñas, Mayor Imelda Aguilar and several other officials of the City Government took their respective oaths to serve the constituents over the next three years. Now on her third consecutive term as Mayor, Aguilar reportedly vowed to double her efforts on serving the locals through the program titled “Tuloy ang Tapat at Progresibong Serbisyo”, according to a Manila Times news article.

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

REELECTED Las Piñas City Mayor Imelda “Mel” Tobias Aguilar vowed to continue and double the efforts of her “Tuloy ang Tapat at Progresibong Serbisyo” program as she took her oath of office Thursday afternoon.

In a social media post, Aguilar was sworn in at the Las Piñas City Hall where she was with her running mate and daughter Vice Mayor April Aguilar and other allies.

She expressed the belief that the elected councilors under the mother and daughter tandem will work harder and continue to promote resolutions and ordinances to make the city more progressive and prosperous.

“Nangako po ang alkalde ng tuluy-tuloy at mas maayos na serbisyo para sa mga Las Piñeros sa pamamagitan ng “Tuloy ang Tapat at Progresibong Serbisyo” program (The mayor promised continuous and better service for the people of Las Piñeros through the “Continued Honest and Progressive Service” program),” she said.

Aguilar allies in District 1 are Councilors Mark Anthony G. Santos; John Jess Anthony C. Bustamante; Felimon A. Aguilar 3rd; Rex H. Riguera; Oscar C. Peña and Florante S. Dela Cruz.

Those in District 2 are Councilors Henry C. Medina; Luis I. Bustamante; Ruben C. Ramos; Lord Linley R. Aguilar; Danilo V. Hernandez and Emmanuel Luis C. Casimiro.

The 75-year-old mayor, who ran under the Nacionalista Party (NP), garnered 108,644 votes.

Let me end this piece by asking you readers: If you are a Las Piñas City resident, what is your reaction to this recent development? As a local resident, did you benefit somehow under the leadership of Mayor Imelda Aguilar since mid-2016? What do you hope to see from the City Government over the next three years with regards to public service? Do you think the City Government have a plan to boost local businesses with COVID-19 recovery and job creation in mind?

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 and also please consider sharing this article to others. 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 at https://www.instagram.com/authorcarlocarrasco/

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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Muntinlupa City declared the Most Resilient among all Highly Urbanized Cities

Muntinlupa City declared the Most Resilient among all Highly Urbanized Cities

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The progressive City of Muntinlupa continued to make waves around the nation as the Department of Trade and Industry (DTI) formally recognized it for achieving 1st place in the category of resiliency among all the Highly Urbanized Cities (HUCs) of the nation based on the results of the 2021 Cities and Municipalities Competitiveness Index (CMCI), the Manila Bulletin reported. The plaque of recognition was received by the City Government.

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

The Department of Trade and Industry (DTI) awarded the Muntinlupa city government a plaque of recognition on Wednesday, June 29, for ranking No. 1 in resiliency among all highly-urbanized cities (HUCs) in the country under the 2021 Cities and Municipalities Competitiveness Index (CMCI).

According to the CMCI website, “local competitiveness is how a city or municipality knows its resources and how it uses these to improve its standard of living.”

Outgoing Mayor and congressman-elect Jaime Fresnedi received the plaque of recognition from DTI Competitiveness Bureau Director Lilian Salonga.

Muntinlupa topped the resilience pillar of CMCI for two consecutive years. The resiliency pillar ranking is based on annual disaster drill, budget for disaster risk reduction and management plan, disaster risk reduction plan, emergency infrastructure, employed population, early warning system, local risk assessments, land use plan, sanitary system and utilities.

Also joining the program were City Administrator Allan Cachuela, Business Permits and Licensing Office executives led by Eli Hilapo, City Planning and Development Office acting chief Alvin Veron, International Relations Officer James Arriola, National Quality and Competitiveness Division chief Ma. Sheryl Santos, and DTI-NCRO Area 2 Division Chief Rowena D.B. San Jose.

The DTI, through the National Competitiveness Council, conducts the annual CMCI, which ranks local government units in the country based on four pillars: economic dynamism, government efficiency, infrastructure, and resiliency.

In the 2021 rankings for highly-urbanized cities in the country, defined as LGUs with at least 200,000 population and latest annual income of at least P50 million, Muntinlupa ranked first with a score of 20.68.

In the overall CMCI rankings for HUCs in the country, Muntinlupa placed fifth with a score of 48.

The above article ended stating that Muntinlupa ranked 5th in Infrastructure, 7th in Government Efficiency and 19th in Economic Dynamism based on the findings of the 2021 CMCI.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this development? Are you happy with what Muntinlupa City achieved according to the 2021 CMCI results?

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 and also please consider sharing this article to others. 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 at https://www.instagram.com/authorcarlocarrasco/

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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

I Love Israel: Joint Economic Commission (JEC) established by Israel and the Philippines

I Love Israel: Joint Economic Commission (JEC) established by Israel and the Philippines

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Trade between Israel and the Philippines could improve and help develop each other economically in the years to come as the two nations strengthened their ties further by establishing the Joint Economic Commission (JEC), according to a recent report by BusinessWorld.

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

THE Philippines and Israel said they formed a Joint Economic Commission (JEC) that will explore pathways to improving trade.

In a statement on Thursday, the Department of Trade and Industry (DTI) said Trade Secretary Ramon M. Lopez signed a memorandum of understanding (MoU) with Israel Economy and Industry Minister Orna Barbivai in Jerusalem on June 7 that created the JEC.

“The MoU seeks the establishment of a bilateral consultative mechanism that will develop and strengthen trade, enhance investments, and advance economic ties between the Philippines and Israel,” the DTI said.

“In establishing a JEC, the two countries agree to exchange information on economic issues, identify and implement cooperative projects, organize consultations, missions, and official visits and enhance cooperation and linkages with their respective private sector,” it added.

The DTI said the MoU will seek to explore industries where the two countries can collaborate with a view towards diversifying trade and investments.

He added that priority sectors for promotion include agribusiness/agriculture production, energy efficiency technologies and renewable energy, infrastructure and public-private partnership (PPP) projects in infrastructure, real estate development, logistics, artificial intelligence, information technology and business process management (IT-BPM) including shared services, electronics manufacturing, and digital infrastructure.

Mr. Lopez told reporters via Viber that the initial investments from the investment promotion and protection agreement (IPPA) between the Philippines and Israel could bring around $150 million in investment in 2022.

“Early harvest could be around $150 million this year,” Mr. Lopez said.

Also signed on June 7, the IPPA provides the framework for a closer investment relationship between Israel and Philippines. It also specifies investment protection elements such as national treatment, most favored nation treatment, free transfers, rules-based expropriation and compensation, and investor-state dispute settlement.

The DTI also recently signed an MoU seeking to strengthen cooperation with the Israel Innovation Authority.

This newest development is undoubtedly critical as both the Philippines and Israel share the same goal of recovering from the damage of the COVID-19 crisis and emerging stronger economically and socially. The JEC between the two nations is something we must be thankful to God for.

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful (not religious), you should be aware that Christians are meant to stand united with Israel, love the Jewish people and pray for the peace of Jerusalem. You can do your part supporting Israel by donating to Christians United for Israel (CUFI). Do not forget to read the Holy Bible, then pray in tongues to the Lord in the privacy of your room with the door shut.

Always be the fearless and aggressive church of Lord Jesus! Always stand in support of Israel!

In ending this I Love Israel piece, posted below are Israel-related videos for your viewing pleasure and enlightenment.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. 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 at https://www.instagram.com/authorcarlocarrasco/

A Look Back at Superman III comic book adaptation (1983)

A Look Back at Superman III comic book adaptation (1983)

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Disclaimer: This is my original work with details sourced from reading the comic book and doing personal research. Anyone who wants to use this article, in part or in whole, needs to secure first my permission and agree to cite me as the source and author. Let it be known that any unauthorized use of this article will constrain the author to pursue the remedies under R.A. No. 8293, the Revised Penal Code, and/or all applicable legal actions under the laws of the Philippines.

Welcome back superhero enthusiasts, 1980s culture enthusiasts and comic book collectors! Today we go back to the year 1983 which saw the theatrical release of Superman III that featured the late Christopher Reeve as the cinematic Man of Steel.

The 1980s was a very different time with regards to Hollywood’s handling of superhero movies. The concept of a shared cinematic universe was decades away from realization. Warner Bros. back then relied on the Salkind family to produce Superman movies and the first flick in 1978 proved to be a major hit for both viewers and critics while also establishing Christopher Reeve as the definitive live-action Superman for countless people. Unsurprisingly, a sequel was released in the early 1980s which continued box office success for the stakeholders and only led to the approval of another sequel.

Along the way, the late Richard Pryor (a major comedian already) appeared on TV and talked about Superman II which eventually led to him getting hired for Superman III. The movie was released in 1983 making a little over $80 million worldwide while also getting a noticeably weaker reception from critics. More notably, Richard Pryor had a huge chunk of the film’s spotlight as Gus Gorman while the overshadowed Christopher Reeve managed to stretch his cinematic art on playing Clark Kent and Superman (note: there is also the memorable Clark versus Superman battle). Superman III very clearly had a lot more comedy in its presentation. As part of the movie’s marketing, an official comic book adaptation by DC Comics was published.

With those details laid down, here is a look back at the Superman III comic book adaptation,  published by DC Comics in 1983 with a story written by Cary Bates and art made by the late Curt Swan and Sal Amendola.

The cover.

Early story

The story begins inside the unemployment bureau of Metropolis. There, August “Gus” Gorman was told after 36 weeks of chronic unemployment, he is no longer eligible for financial assistance (read: welfare) from the city. As he was about to light his cigarette, he noticed computer job ad on the match. Gorman proceeds to the Archibald Data Processing School where he gets enrolled with several others. In front of others, Gorman does something on a computer which impressed the instructor a lot.

Over at the Daily Planet, Clark Kent/Superman, Lois Lane and Jimmy Olsen meet with Perry White at his office. Kent will be returning home to Smallville and make a news story out of it. White gives Kent his approval and then tells Lois she deserves a vacation.

Hours later, Kent and Jimmy Olsen ride the bus together going to Smallville but their ride stops as a result of a huge fire damaging a large chemical plant. A police officer reveals to Olsen that the scientists inside are worried about the plant and its stuff getting destroyed by the fire.

Kent carefully leaves the bus and discreetly changes into Superman to help solve the problem. Olsen, meanwhile, sneaks past the authorities to get to the burning chemical plant.

Over at Webcoe Industries, company head Ross Webster and his sister Vera learn that more than $85,000 worth of company funds was stolen by someone within. Just outside the office, Gus Gorman enters his fancy looking sports car which Webster, Vera and Lorelei notice. Webster asked how could one of their computer technicians afford such a vehicle worth $75,000…    

Quality

This is a creative way the comic book team used to dramatize Gus Gorman scene revealing and acting the bad news to his boss Ross Webster whose plans were thwarted by Superman.

While it is understandable that not all scenes and not all character moments from the movie  made it on print media, this comic book still managed to capture the film’s essence for the most part. The creative team pulled off their own interpretations of the events and made something entertaining and engaging even though they had to deal with the major challenge of summarizing the movie’s plot and establishing a workable comic book narrative.

I should state that the comic team creatively avoided making in-depth references about liquor and smoking which were obvious in the movie. You will not see Superman drinking liquor at a bar nor will you see Gus Gorman referring to tar listed on a cigarette pack. I suppose this was done to ensure the comic book would be released widely and be acceptable to very young readers and the parents watching them.

The battle between evil Superman and Clark Kent is best viewed in the movie. This one is a shorter and less detailed version of it.

When it comes to establishing the clear lead among all the characters featured, Superman fans should be delighted to know that the Man of Steel is indeed more prominent than Gus Gorman. Take note that in the movie, Richard Pryor’s Gus Gorman overshadowed Christopher Reeve’s Superman/Clark.

Remember the frightening sequence of Vera getting captured and turned into a cybernetic figure by the Super Computer? This is what it looks like in comic book format.

The art done by Curt Swan and Sal Amendola is decent and it seems to me that their time on visualizing Cary Bates’ script was indeed limited. That being said, it was not surprising to me that, with the exception of Ross Webster in one specific image, none of the characters resembled their cinematic counterparts. Clark Kent/Superman never resembled Christopher Reeve, and Gus Gorman looks nothing like Richard Pryor. Clearly, the artists’ focus was visualizing the narrative which they succeeded.  

Conclusion

Clark Kent, Lois Lane, Jimmy Olsen and Perry White in the Daily Planet.
Superman saving Lana Lang’s son from certain death.

Having seen the Christopher Reeve/Richard Pryor movie in the cinema and on cable TV since 1983, I can say that Superman III (1983) is a decent adaptation. It’s not 100% faithful but it is still a worthy read as it will give you the movie’s concept and entertainment values in literary form. If you really want to full essence of film along with the cinematic moments (note: the Superman-Clark battle is the cinematic highlight) all intact, then your obvious choice is to watch the movie. If you are turned off by the movie’s wacky comedy, then the comic book adaptation will deliver to you the more serious approach on telling Superman III’s story. Let me repeat that Superman is more prominent than Gus Gorman in this comic book.

Overall, Superman III (1983) is satisfactory.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. 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 at https://www.instagram.com/authorcarlocarrasco/

I Love Israel: Philippines sends off initial batch of hotel workers to Israel

I Love Israel: Philippines sends off initial batch of hotel workers to Israel

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Over sixty Filipino hotel workers have departed for Israel in relation to the opening of its hospitality sector to foreign workers, according to a report by the Philippine News Agency (PNA) dated May 31, 2022. That’s not all. There will be hundreds more who will be deployed there in accordance to the agreements between Israel and the Philippines.

To put things in perspective, posted below is the excerpt from report of the PNA article. Some parts in boldface…

The Philippine government is set to send off 61 Filipino hotel workers to Israel, the first deployment of its kind since the latter opened its hospitality sector to foreign workers.

Israel Ambassador to the Philippines Ilan Fluss said a total of 500 are set to depart Manila, with the first 61 leaving on June 1, 2022.

“Until now the hotel industry was closed, this is the first time that the hotel industry was able to invite foreign labor so for Israel this is very important For the Philippines, I believe it’s also important because until now the only Filipinos who were allowed to work in Israel are caregivers,” Fluss said during a send-off ceremony at the Philippine Overseas Employment Administration (POEA) in Mandaluyong City on Tuesday.

“We’re just exiting the pandemic, I believe there is room for growth for the tourism industry so we’re starting with the 61 tomorrow up to 500,” he added.

Fluss assured that overseas Filipino workers would enjoy the same treatment as domestic employees in Israel.

“The rights of the employees are very clear and there is no difference in this aspect between foreign workers and Israeli workers,” he said.

Asked if there are other industries interested in hiring Filipinos, Fluss said none yet at this point.

Department of Migrant Workers Secretary Abdullah D. Mama-o, meanwhile, described the latest deployment as proof that Filipinos are “quality workers”.

“I’m glad that Israel recognized the competence of our Filipino workers. The first batch that we are sending will serve also as an example of the workers that we have in the hotel industry,” he said.

To make things clear, both Israel and the Philippines are gradually emerging from the economic and social damages of the COVID-19 crisis. Businesses that are connected to tourism or travel such as hotels, restaurants and retailers require quality workers who have proven to be dedicated and hard working. As such, the news about sending off hundreds of Filipino hotel workers to Israel to help them revive their industry is very pleasing and encouraging. So far, 2022 is looking like the year of big revival of international tourism and the ties between the Philippines and Israel continue to prosper! Truly this is something we should be thankful to the Lord for.

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful (not religious), you should be aware that Christians are meant to stand united with Israel, love the Jewish people and pray for the peace of Jerusalem. You can do your part supporting Israel by donating to Christians United for Israel (CUFI). Do not forget to read the Holy Bible, then pray in tongues to the Lord in the privacy of your room with the door shut.

Always be the fearless and aggressive church of Lord Jesus! Always stand in support of Israel!

In ending this I Love Israel piece, posted below are Israel-related videos plus Philippine news videos for your viewing pleasure and enlightenment.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. 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 at https://www.instagram.com/authorcarlocarrasco/

Over 500,000 foreign tourists counted since the borders were reopened

Over 500,000 foreign tourists counted since the borders were reopened

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If you are looking for encouraging news about our country and its struggle to rise up from the COVID-19 crisis, be aware that more than half a million foreign visitors have been counted since the Philippines reopened its borders months ago, according to a recent news report by BusinessWorld.

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

FOREIGN VISITORS have totaled 517,516 as of May 25, since the reopening of borders with minimal quarantine requirements in February, according to the Department of Tourism (DoT).

The DoT said in a statement that the US was the top source of arrivals between Feb. 10 and May 25 with 104,589, followed by South Korea with 28,474 arrivals, and Canada 24,337.

“Australian nationals, British, and Japanese were next on the list with 23,286; 20,846; and 13,373 respectively,” the DoT said. 

“Other foreign visitors during the early months of the year include Vietnamese, Singaporeans, Malaysians, Italians, Irish and French,” it added.

On Feb. 10, the Philippines started accepting nationals that do not require visas to enter the country. Since April 1, borders have been opened to all nationals. 

“The DoT is looking forward to an uptick in tourist arrivals in the coming weeks following the further easing of entry requirements,” Tourism Secretary Bernadette Romulo-Puyat said.

Starting May 30, the DoT said fully vaccinated and boostered inbound foreign visitors will no longer be required to have a pre-departure test for coronavirus disease 2019 (COVID-19). The looser entry rules are authorized by Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) Resolution No. 168.

However, the DoT said arriving passengers are still encouraged to obtain travel insurance. All types of vaccination certificates, regardless of country of origin, will also be accepted.

“Based on the resolution, the visitor must be at least 18 years old and must have received the primary series of COVID-19 vaccines and at least one booster shot,” the DoT said.

For the newcomers reading this, more tourists from overseas means better opportunities for local businesses to make more money and recover whatever losses they had as a result of lockdowns and quarantine-related business restrictions. Tourism-related businesses like hotels, resorts and connected transportation and food-and-beverage services badly need the spending of foreign visitors.

In relation to this tourism industry development, be aware that there were foreign participants in the recent Subic Bay International Triathlon (SUBIT) which was a big sports even that attracted hundreds of participants on May 1 at the Subic Bay Freeport Zone. Speaking of the said location, I personally saw lots of hotels, restaurants (note: read my feature articles about Gourmet Garage Subic and Xtremely Xpresso), stores and other leisure facilities that operated as if the country is back in the pre-pandemic days. The more foreign tourists coming in plus the more local tourists engage in holidays, special events and travel in the country, the better it will be for local businesses to recover (plus pay their fees, taxes and keeping their hard-working employees longer) and the nation as a whole. I believe that the Philippines will continue to rise socially and economically from the pandemic.

Let me end this piece by asking you readers: What is your reaction about this tourism-related development? Do you believe the Philippines will be able to attract 2 million foreign tourists by the end of 2022? Do you run a business that catered to foreign tourists?

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 and also please consider sharing this article to others. 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/