Marcos – Page 16 – Author Carlo Carrasco

Over 3 million foreign tourist arrivals counted by the Philippines (January 1 to July 19)

July 24, 2023July 19, 2023carlocarrasco

Even as the Department of Tourism (DOT) is still recovering from the huge embarrassment about a certain tourism video connected with their Love The Philippines slogan, the nation’s tourism sector is undeniably rising strongly as over 3 million foreign tourist arrivals this year as of July 19, according to a Philippine News Agency (PNA) news article. Take note that the official target for the entire 2023 is 4.8 million foreign tourists and the nation attracted a total of 2.65 million foreign tourists in 2022.

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

The Philippines has recorded more than three million international visitor arrivals seven months into the year, closing in on its target 4.8 million tourists in 2023.

The latest data from the Department of Tourism (DOT) recorded a total of 3,000,079 international visitor arrivals from Jan. 1 to July 19 this year.

The country’s inbound tourism receipts from Jan. 1 to June 30 also climbed to PHP212.4 billion or 502.02 percent higher than the PHP35.6 billion generated from the same period last year.

Tourism Secretary Christina Garcia Frasco, who is currently on leave, said these post-pandemic figures reflect the sector’s “robust recovery” and the gains of the Marcos administration toward tourism resurgence.

“Tourism provides employment and livelihood to millions of Filipinos. We are grateful for the renewed interest worldwide in the Philippines, which offers a multitude of reasons to love travel across our islands,” she said. “We thank as well our fellow Filipinos who continue to travel domestically, supporting our local communities and families who are all part of the tourism value chain.”

Of the arrivals, 91.36 percent, or 2,740,802 are foreign tourists and the rest are returning overseas Filipinos.

South Korea ranked the highest in the number of arrivals with 741,658 (24.72 percent) followed by the United States with 550,569 (18.35 percent); Australia with 146,062 (4.87 percent); Japan with 143,227 (4.77 percent); and Canada with 132,018 (4.4 percent).

Other top source markets are China with 129,077 visitors (4.3 percent); Taiwan with 104,211 (3.47 percent); United Kingdom with 85,847 (2.86 percent); Singapore with 81,656 (2.72 percent); and Malaysia with 54,411 (1.81 percent).

The DOT earlier said it sought to reach 4.8 million in foreign visitors by the end of 2023.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the Philippines could possibly attract 6 million foreign tourist arrivals by the end this year considering the latest numbers achieved?

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

President Marcos signs Maharlika Investment Fund bill into law

July 20, 2023July 18, 2023carlocarrasco

A new economic age for the Philippines has started as President Ferdinand “Bongbong” Marcos, Jr., signed into law the Maharlika Investment Fund (MIF) bill which formally establishes the nation’s sovereign wealth fund, according to a Philippine News Agency (PNA) report.

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

President Ferdinand R. Marcos Jr. on Tuesday signed into law a bill establishing the Maharlika Investment Fund (MIF), the Philippines’ first-ever sovereign wealth fund.

Marcos signed Republic Act (RA) 11954 in a ceremony at the Kalayaan Hall of Malacañan Palace in Manila.

In a keynote speech, Marcos said the MIF is designed to drive economic development in the country.

“The MIF is a bold step towards our country’s meaningful economic transformation. Just as we are recovering from the adverse effects of the pandemic, we are now ready to enter a new age of sustainable progress, robust stability and broad-based empowerment,” Marcos said.

“We now have an available fund that will provide us the seed money for investments and to attract other foreign investments and for us to be able to participate in those operations, in those investments without additional borrowings,” he added.

Following the signing of RA 11954, Marcos said his administration would “go out to the world and do the changes that are necessary for the Philippines to become an investment-friendly nation.”

“The fund will fail if we do not make money on the fund. It’s that simple… That is why we put up a Maharlika Fund so as to be able to give us the capacity and the ability to join in those investments, be part of that,” he said.

He reiterated that he would make sure that the MIF would be “well-run” by professionals.

He added that the country has the “best” economic managers both in government and the private sector to ensure the proper management of the MIF.

“Let us make sure that the decisions that are being made for the fund are not political decisions, that they are financial decisions because that is what the fund is,” Marcos said.

The MIF is established to optimize national funds by generating returns to support the Marcos administration’s economic goals laid out in the Medium-Term Fiscal Framework, the 8-point Socioeconomic Agenda, and the Philippine Development Plan 2023-2028.

In a separate statement, Budget Secretary Amenah Pangandaman said the Department of Budget and Management (DBM) will continue to provide support and technical assistance in the formulation of the implementing rules and regulations of RA 11954.

“The creation of this development fund is very good news because this means we now have an opportunity to expand our fiscal space for the government’s priority programs,” Pangandaman said. “Of course, we fully support this as it will help expand our fiscal space. So we at the DBM remain committed to helping ensure that this development fund will be a success and implemented with utmost integrity.”

Under RA 11954 , the MIF will be used to invest in a wide range of assets, including foreign currencies, fixed-income instruments, domestic and foreign corporate bonds, joint ventures, mergers and acquisitions, real estate and high-impact infrastructure projects that contribute to the attainment of sustainable development.

The establishment of the MIF will provide the government with a long-term source of income, as well as ease the burden on the national budget by providing additional funding for other priority projects of the government.

Unlike other government-owned or -controlled corporations (GOCCs), the MIF will be able to maximize government assets through its investments in projects that generate bigger returns.

The proposed measure seeks the establishment of the Maharlika Investment Corp. (MIC), which will act as the “sole vehicle for the purpose of mobilizing and utilizing the MIF for investments in transactions in order to generate optimal returns on investments (ROIs).”

The MIC is expected to have at least PHP75 billion in paid-up capital this year, with PHP50 billion sourced from the Land Bank of the Philippines and PHP25 billion from the Development Bank of the Philippines.

The law prohibits government agencies and GOCCs that provide for social security and public health insurance to contribute to and invest in the Fund.

These include the Social Security System, Government Service Insurance System, Philippine Health Insurance Corporation, Home Development Mutual Fund, Overseas Workers Welfare Administration, and Philippine Veterans Affairs Office pension fund.

For the newcomers reading this, if you want to understand what a sovereign wealth fund is and how it would work with the Philippines in mind, watch the video below…

Let me end this piece by asking you readers: What is your reaction to this recent development? What do you think about the Maharlika Investment Fund that is now officially a law? Do you expect financial or economic breakthroughs to happen for the Philippines soon?

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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Cash incentives for 32nd SEA Games and 12th ASEAN Para Games medalists to be awarded on July 20

July 13, 2023July 10, 2023carlocarrasco

Members of the Philippine Team who won medals in the 32^nd Southeast Asian Games (SEA Games) and the 12 ASEAN Para Games (APG) will be awarded with the promised cash incentives by the national government on July 20, 2023, at Malacañang Palace, according to a Philippine News Agency (PNA) news article. The cash incentives will be released in accordance to Republic Act Number 10699 and President Ferdinand “Bongbong” Marcos, Jr., himself will be in attendance.

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

President Ferdinand R. Marcos Jr. will present cash incentives to the medalists of the 32nd Southeast Asian Games (SEAG) and 12th ASEAN Para Games (APG) in a ceremony scheduled on July 20 at the Malacañan Palace.

“We are grateful for President Marcos’ decision to personally award the incentives to Team Philippines, an expression of his admiration to our national athletes and their unwavering passion and dedication for representing the country,” Philippine Sports Commission (PSC) Chairman Richard Bachmann said in a statement on Monday.

The government cash incentives amounting to PHP74 million, including PHP14 million for Para Games medalists, is in accordance to Republic Act 10699, or the Expanded National Athletes and Coaches Incentives and Benefits Act.

Medalists in the SEAG will get PHP300,000 for gold winner, PHP150,000 (silver) and PHP60,000 (bronze), while for the ASEAN Para Games winners, the incentives are PHP150,000 (gold), PHP75,000 (silver) and PHP30,000 (bronze).

The cash bonuses will come from the monthly remittances of the Philippine Amusement and Gaming Corporation (PAGCOR) through the PSC’s National Sports Development Fund (NSDF).

“In the past, the PSC conducted two separate awarding for SEAG and APG medalists, but I believe it is more fitting to join the two for the President’s first-ever incentives awarding during his administration,” Bachmann said.

Bachmann will be joined by PSC Commissioners Matthew “Fritz” Gaston, Edward Hayco, Walter Francis Torres and Olivia “Bong” Coo during the awarding ceremony.

Also invited to the ceremony are Executive Secretary Lucas Bersamin, Senate Committee on Sports Chairman Sen. Bong Go, House Committee on Youth and Sports Chairman Rep. Faustino Dy III, Philippine Olympic Committee (POC) President Mayor Abraham Tolentino, and other sports executives and officials.

The Philippines won 58 golds, 85 silvers and 117 bronzes in the SEA Games to surpass its 52-70-105 haul in Vietnam last year, but remained fifth overall.

World champion Carlos Edriel Yulo bagged two gold and two silver medals for the gymnastics team, which also won two bronze medals.

In the ASEAN Para Games, the country collected 34 gold, 33 silver and 50 bronze medals to duplicate its fifth-place finish last year in Indonesia.

Let me end this piece by asking you readers: What is your reaction to this recent development? Are you inspired by what the Philippine Team athletes won in the recent SEA Games and ASEAN Para Games?

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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“Love the Philippines” launched as the nation’s new tourism slogan

July 3, 2023June 28, 2023carlocarrasco

As part of its campaign to become a tourism powerhouse in Asia in the years to the come, the Philippines officially launched their new slogan called “Love the Philippines”, according to a Philippine News Agency (PNA) report. President Ferdinand “Bongbong” Marcos, Jr., approved of the ambitious tourism plan covering 2023-2028 and he reiterated his support for Philippine tourism.

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

President Ferdinand R. Marcos Jr. on Tuesday expressed optimism that the Philippines will become the “tourism powerhouse” of Asia in the next few years.

This, as Marcos witnessed the unveiling of the country’s new tourism slogan “Love the Philippines” during the Department of Tourism’s (DOT) 50th anniversary celebration at The Manila Hotel.

In a keynote speech, Marcos affirmed his commitment to advancing the tourism sector, hoping that the new campaign slogan would help stimulate economic activities and generate job opportunities in the country.

“What a better way to express that love than directly incorporating it into our country’s newest tourism campaign slogan, Love the Philippines. This is new branding which we unveiled today. It will serve as our guidepost for the Philippine Tourism Industry moving forward,” Marcos said.

“Allow me then to express my sincere appreciation to Tourism Secretary Christina Frasco and for the DOT team because aside from the tourist destination, the campaign that you have conceptualized aims to enhance the overall experience of every traveler,” he added.

In May, Marcos approved the National Tourism Development Plan (NTDP) 2023-2028 which will serve as his administration’s blueprint and development framework for the tourism industry.

Marcos said the NTDP 2023-2028 contains the government’s targets, which include the promotion of local products and the implementation of more infrastructure projects to ensure hassle-free travel.

“The five-year plan stemmed from this admin’s determination to implement programs that will positively transform our country towards being a tourism powerhouse in Asia in the coming years. Let us therefore strive to translate out golden vision into reality,” he said.

Marcos lauded the DOT for making the tourism industry as “a major driver of economic growth.”

He also welcomed the “improving” figures in tourism revenues, employment, international arrivals and domestic trips, saying these indicate the country’s recovery from the onslaught of the coronavirus disease 2019 (Covid-19) pandemic.

“All of these are encouraging signs that the tourism industry in our country as a whole is headed well towards full recovery. It also conveys a strong message to the world that we are ready and fully equipped to welcome tourists, travelers as well as investors,” Marcos said.

To realize his administration’s goal of transforming the Philippines as Asia’s tourism powerhouse, Marcos urged Filipinos to be the country’s tourism ambassadors.

“I enjoin you all to be our country’s promoters, advocates, and if I may borrow a coined term in this age of social media, be our country’s top influencers,” he said.

“Indeed, the Philippines will never run out of places to discover, meals to enjoy, adventures to experience, people to meet, talents to admire. Let us take pride and celebrate the love we have of our country and our people for it is the same love that gave meaning to the establishment of the DOT and the same love that will propel our tourism industry moving forward into the future,” Marcos added.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you foresee a bright economic future with a reinvigorated national tourism industry? Does “Love the Philippines” sound attractive to you?

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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I Love Israel: Major agreements made between Israel and the Philippines; direct flights included

June 7, 2023June 6, 2023carlocarrasco

This week has been very significant for Israel-Philippines relations. Israel’s Foreign Minister Eli Cohen arrived here on an official visit and he had a high-level meeting with President Ferdinand “Bongbong” Marcos, Jr. in Malacañang Palace which resulted in very tremendous agreements that include direct flights between Israel and the Philippines, according to a Philippine News Agency (PNA) news article.

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

*Philippine President Ferdinand “Bongbong” Marcos, Jr., with Israel’s Foreign Minister Eli Cohen. (photo source: Israel in the Philippines Facebook page)*

The Philippines and Israel are pushing for the direct flights between the two countries and elevating their partnership in agriculture and water sectors, Malacañang said on Tuesday.

The plan to enhance cooperation between Manila and Tel Aviv was discussed when President Ferdinand R. Marcos Jr. met with Israeli Foreign Minister Eli Cohen at Malacañan Palace in Manila on Monday, Presidential Communications Office (PCO) Secretary Cheloy Garafil said in a statement.

Cohen told Marcos that establishing direct flights between the Philippines and Israel would boost the two nations’ tourism and economic ties.

“There’s another thing that we, both of us, took for an action item. [It] is to have a direct flight… your external sea between Israel and the Philippines,” Cohen, as quoted by the PCO, said during the meeting, referring to his earlier meeting with Filipino officials.

“And I think that we agree that both ministries will work together to have the direct flight. And this is also to bring more business people to come to invest and reach the place between us. So this is also another important action item that we will do.”

The Philippine Airlines was supposed to launch its direct flights to Tel Aviv in 2022, but the plan has been stalled because of geopolitical concerns.

The Philippines has become one of the top tourist destinations for the Israelis in the last few years, Israeli Ambassador to the Philippines Ilan Fluss said in November 2022.

Cohen also told Marcos about Israel’s planned closer cooperation with the Philippines to ensure food security, suggesting that the two nations may open an agricultural hub.

“I think that we can work together on the segment of agriculture. I just let you know that our land, 60 percent of our land is desert. But although 60 percent of our land is desert, we were able to provide all our water needs,” Cohen said.

“And I think that we can work together and let’s say that less import, more export for the Philippines. And I think that we can work together,” he added.

Marcos said he was glad that Cohen raised Israel’s plan, as he expressed admiration for its advancement in agriculture.

He added that agricultural development is “very important” for the Philippines,

“Because when we look at the economy as hard to just test, we said how do we fix the economy. It always comes down to agriculture first, how to fix every policy, then everything else would be great. So that’s the position that we find ourselves in,” he said. “So, the offers that you make for assistance and partnership in those two areas are very, very welcome.”

Cohen said the Philippines and Israel can also collaborate on water management, noting Tel Aviv’s vast experience in this sector.

He said Israeli experts may visit the Philippines to provide advice, noting that Israel has been reusing a large portion of its water resources because of water scarcity and it can share its experience in water management with the Philippines.

Marcos said the Philippines is looking at Israel and Singapore for best practices that the country can imitate.

Indeed, these recent developments prove the Israel-Philippines ties are blossoming and truly essential. For the newcomers reading this, the 65^th anniversary of friendship between Israel and the Philippines was commemorated. It was also this year when the 75^th year of independence of the State of Israel was celebrated.

The establishment of direct Israel-Philippines flights will enable more Filipinos to visit the Holy Land while potential more Israelis will visit more conveniently and boost not only Philippine tourism but also engage in business and investments. For those of you who want to visit Israel to deepen your faith in the Lord, read my Israel 2023 feature articles by clicking here, here, here, here, here and here.

To my fellow Filipinos reading this, I encourage you to accept the truth that Israel is the land God designated specifically for the Jewish people (read Genesis 35:10-12) and His command must be followed by all. If you want to be blessed further by the Lord, do so by loving and blessing the Jewish people (Genesis 12:1-3). I did my part when I was in Israel. Also, let me remind you all that the ties between the Jews and Christians are truly biblical!

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful, you should be aware that Christians are meant to stand united with Israel and love the Jewish people no matter what. 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 the peace of Jerusalem.

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

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National Tourism Development Plan for 2023-2028 approved by Marcos

May 22, 2023May 16, 2023carlocarrasco

In line with the ambition to establish the Philippines as a tourism powerhouse in Asia in the years to come, the National Tourism Development Plan covering the year 2023 until 2028 has been approved by President Ferdinand “Bongbong” Marcos, Jr., according to a GMA Network news report. Take note that as of May 12, 2023, the Philippines has already counted over two million foreign tourist arrivals.

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

President Ferdinand “Bongbong” Marcos Jr. has approved the National Tourism Development Plan for 2023-2028 which will serve as the blueprint of the Philippines’ tourism industry.

This was announced by Tourism Secretary Christina Frasco at a Palace press briefing following a sectoral meeting with the President on Tuesday morning.

“This NTDP is the result of consultation among the tourism coordinating council as well as our various tourism stakeholders from our regions all over the Philippines. The NTDP shall serve as the blueprint and the development framework for the tourism industry for the duration of the Marcos administration,” she said.

Frasco said this plan focuses on giving the country a chance to become a “tourism powerhouse.”

“These objectives involve not simply the promotion of the Philippines which we will continue domestically and internationally but also, more importantly, addressing the essential issues of tourism development, including the development of infrastructure, connectivity, as well as digitalization, the equalization of tourism, development, and promotion, the enhancement of overall tourism experience as well as the strengthening of tourism governance,” she explained.

Frasco said the plan would also serve as a guide for regions across the Philippines “to spread countrywide development through tourism,” adding that this will also provide jobs to Filipinos.

“Mabibigyan po ng pagkakataon ‘yung ating mga kababayan na magkaroon ng tourism employment sa pamamagitan ng pag-develop natin ng tourism circuits and to continue to push for tourism across our regions and provinces,” she said.

DICT support

Meanwhile, Information and Communications Technology Secretary Ivan John Uy promised that the agency would extend support to DOT on this tourism plan, specifically on connection issues.

He said most tourists are also vloggers who are making content about their experience in tourist spots.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the Philippines is on its way to becoming an Asian tourism powerhouse in the years ahead? If you own a business that specifically caters to tourists, were able to make significant gains this year?

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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New SBMA chief Tan emphasizes his priority on the ease of doing business and job creation

May 19, 2023May 16, 2023carlocarrasco

In recent times, Jonathan Tan became the new Chairman of the Subic Bay Metropolitan Authority (SBMA) and through his first public interview, he made clear to the people that he is prioritizing the ease of doing business and creating jobs in the Subic Bay Freeport Zone, according to a Manila Bulletin news report. Previously, Tan served as a mayor of Pandan in Antique.

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

Jonathan Tan, the newly appointed Subic Bay Metropolitan Authority (SBMA) chairman and administrator, said he is prioritizing further streamlining in the processing of business permits of investors to ensure ease of doing business and create more jobs at the freeport.

In his first public interview at the Laging Handa Public Briefing as SBMA chief, Tan said he will further streamline business processes at the freeport in compliance with President Ferdinand R. Marcos Jr.’s order to attract more foreign investors and create more jobs at the Subic Bay Freeport zone.

Tan, who served as mayor of Pandan, Antique from 2010 to 2019, reported that he highlighted ease of doing business when he met with Subic investors, locators, and stakeholders during his first Townhall meeting Wednesday since he assumed office last week.

“My priority is ease of doing business to ensure faster processes of business permits,” he said telling around 1,000 SBMA stakeholders. He also vowed to make the Townhall Meeting a regular event to thresh out issues and address them faster.

He also vowed of a participatory governance as SBMA chief, promising to consult all Subic Freeport stakeholders and to treat them as partners.

He also mentioned of efforts to improve existing facilities like port rehabilitation as well as tieups with Department of Tourism and stakeholders with resorts. At present, he said, there are several tourist-related activities in Subic, including, water sports, environmental, and ecotourism.

On smuggling, Tan said he has always emphasized to do his best to minimize if not eliminate smuggling in partnership with the Bureau of Customs.

Let me end this piece by asking you readers: What do you think about this recent development? Do you think that the new SBMA chief and his team will be able to make improvements on the business environment of 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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Las Piñas City Government receives plaque of appreciation for hosting 1st leg of Pre-SONA (State of the Nation Address) caravan of President Marcos

May 16, 2023May 16, 2023carlocarrasco

Recently in the City of Las Piñas, the City Government hosted a pretty significant event related to public service which was the first leg of the 2023 Pre-SONA (State of the Nation Address) caravan of President Ferdinand “Bongbong” Marcos, Jr. In return, the City government received a plaque of appreciation from the Philippine Information Agency (PIA), according to a Manila Bulletin news report.

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

The Philippine Information Agency (PIA) awarded the city government of Las Piñas with a plaque of appreciation for hosting the first leg of the 2023 Pre-SONA (State of the Nation Address) caravan of President Ferdinand Marcos Jr. on May 10.

The plaque of appreciation was received by Vice- Mayor April Aguilar and Public Information Office (PIO) Chief Paul San Miguel during the Monday regular flag raising ceremony held at the Las Piñas City Hall quadrangle on May 15.

The PIA gave the Las Piñas city government a plaque of appreciation for its unwavering and invaluable support to the “Nagkaka1sang Bumabangon: The 2023 Pre-SONA Caravan.”

The Pre-SONA caravan is an initiative of the Philippine government to gather feedback and insights from various sectors of society for President Marcos’ upcoming SONA and to extend the services of different agencies in the key sectors of health, security, and social welfare development.

The city government said booths were set-up by various government agencies during the caravan which was held at the Verdant covered court.

Let me end this piece by asking you readers: If you are a Las Piñas City resident, what is your reaction to this new development? How do you feel about your city being involved in the pre-SONA caravan?

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/.

Nuclear Philippines effort moves forward some more

May 9, 2023May 4, 2023carlocarrasco

The potential future of the Philippines adapting nuclear power that will generate clean and abundant energy for the needs of the people and businesses moved a few more steps forward thanks to two key meetings involving the group of President Ferdinand “Bongbong” Marcos, Jr., and notable energy firms, according to a news article by the Philippine News Agency (PNA). This is the latest in the Marcos administration’s effort to adapt nuclear power for the Philippines (click here and here).

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

President Ferdinand R. Marcos Jr. is considering using a “cutting-edge” micro nuclear fuel technology to address the country’s power woes, Malacañang said Tuesday.

Marcos met with officials of US-based Ultra Safe Nuclear Corporation (USNC), a vertical integrator of nuclear technologies and services in Washington.

In a news release, the Presidential Communications Office said the Marcos administration has made it a top priority to ensure an unhampered supply of energy alongside the promotion and utilization of renewable energy sources.

Francesco Venneri, CEO of Ultra Safe Nuclear Corporation, expressed interest to bringing clean and reliable nuclear energy to the Philippines, which the firm is seriously considering for its first nuclear energy facility in Southeast Asia. Venneri also vowed to help address the series of blackouts that hit several areas of the country.

The Marcos administration earlier swiftly acted on the power crisis in the provinces with the operation of at least three more power stations to provide 24-hour electricity power service.

“We also note that there’s a great deal of discussion about Mindoro having blackouts and that might be an excellent….a good science [solution],” said Venneri.

The micro modular reactor (MMR) energy system is a fourth-generation nuclear energy system that seeks to deliver safe, clean and cost-effective electricity to users, according to USNC officials.

The MMR is being licensed in Canada and the US and considered the first “fission battery” in commercialization.

The company anticipates eventual heavy demand for its MMRs and its nuclear fuel and envisions the Philippines as its nuclear hub in the region.

Earlier, Oregon-based NuScale Power Corporation expressed interest to invest in the Philippines after a meeting with Marcos in Washington.

The PCO said that NuScale, which is known for developing a safe modular, and scalable small nuclear power system, is expected to invest USD6.5 billion to USD7.5 billion (PHP415.5 billion) to provide 462 megawatts to the country by the early 2030s.

It is clear President Marcos is seriously working to solve the nation’s fragile power supply with a focus on nuclear power and related technologies as potential solutions. Compared to nuclear power, solar and wind power are both unreliable. Those two forms of clean energy – which are the favorites of climate change zealots and Leftists – cannot generate the abundant energy that nuclear power could provide.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think that nuclear power in the Philippines will be realized in your lifetime? Do you think it will happen during the term of President Marcos?

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 athletes meet with President Marcos before proceeding to Cambodia for 32nd SEA Games

April 28, 2023April 25, 2023carlocarrasco

Before proceeding to Cambodia for the 32^nd edition of the Southeast Asian Games (also referred to as SEA Games and Cambodia 2023), members of the Philippine Team as well as top sports officials met with President Ferdinand “Bongbong” Marcos, Jr., at the Philippine International Convention Center (PICC) in Pasay City, according to a Philippine News Agency (PNA) news report.

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

President Ferdinand R. Marcos Jr. believes that sports is too valuable of a support to the society that it must be kept that way.

Speaking to the athletes who will compete in the Southeast Asian Games (SEAG) during the formal send-off ceremony at the Philippine International Convention Center in Pasay on Monday, Marcos said even their wins alone give the Filipinos joy already.

“That is why it has to be kept as a very, very important part of our support to our society. And beyond that, ang ating mga champion, ang ating mga nag-uuwi ng medalya at saka tropeo ay talaga namang nagdadala ng kasiyahan at naipagmamalaki ng buong madla na kami ay Pilipino. ‘Yang mga ‘yan Pilipino ‘yan, mga champion namin ‘yan at ‘yan ang siguro ang pinakamahalaga na dinadala — nagdadala kayo ng dangal sa Pilipinas (our champions, those who bring home medals and trophies really bring joy and become pride of the Filipinos. Those Filipinos, those are our champions and that’s perhaps the most important thing – you bring honor to the Philippines),” Marcos said.

He added, “It’s good for your discipline. It’s good for your health. It’s good for your camaraderie. It’s good to mature young people.”

This is the first time that Marcos attended an athletes’ send-off event since his overwhelming victory in the May 2022 presidential elections.

“It is my great, great pleasure to be able to be with you just very quickly. Pinilit kong makapunta rito dahil gusto kong makilala ‘yung mga champion (I made sure to come here because I want to meet our champions),” he said.

He expressed willingness to help the athletes and sports officials by any means possible.

“If there is anything more that this government can do, that this administration can do, that I personally can do, you please make sure you will tell me because we are all rooting for you,” Marcos said.

He wished the Cambodia SEAG-bound athletes and officials “good luck”.

“At huwag niyong kakalimutan kapag talagang napagod na, nahirapan na, na-injure na nang kaunti, pakinggan niyo ulit ‘yung sigaw, maririnig niyo kami ‘yun, ‘yung mga kapwa niyo Pinoy, sinisigaw (Don’t forget when you’re tired, you’re having hard time, you’ve been injured, listen to those rooting for you, you’ll hear us your fellow Filipinos shouting): Go! Go! Go! Go!,” he said.

The above article ended stating that over 800 Philippine Team athletes will compete in over 600 events covering 38 sports in the SEA Games this year. The games in Cambodia will run from May 5 to 17, 2023.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the Philippines will be able to win enough gold medals to finish in the Top 3 of the SEA Games in Cambodia?

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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