PBBM – Author Carlo Carrasco

Las Piñas City Mayor’s daughter supports P103.8 billion reclamation project, appeals to President Marcos and DENR to support it

November 22, 2024November 16, 2024carlocarrasco

Recently in the City of Las Piñas, business woman and candidate Alelee Aguilar-Andanar expressed her support for the P103.8 billion Las Piñas-Parañaque Coastal Bay Reclamation Project and reached out to President Ferdinand “Bongbong” Marcos and the Department of Environment and Natural Resources (DENR) to support it as well so that socio-economic developments in the city will happen, according to a Manila Standard news report.

For the newcomers reading this, Aguilar-Andanar is the daughter of incumbent Mayor Imelda Aguilar and the late Mayor Vergel “Nene” Aguilar.

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

A daughter of Las Piñas Mayor Imelda Aguilar expressed support for the resumption of the P103.8-billion Las Piñas-Parañaque Coastal Bay Reclamation Project as it would generate billion of income to the city’s coffer.

Businesswoman Alelee Aguilar-Andanar appealed to President Ferdinand Marcos Jr. and Department of Environment and Natural Resources Secretary Antonia Yulo-Loyzaga to sign the notice to proceed of the project as this would create thousands of local jobs, realize pro-poor projects, including socialized housing.

Aguilar-Andanar, who is running for councilor for next year’s election, is the third daughter of the late Las Pinas Mayor Vergel and incumbent Mayor Imelda. Alelle is the wife of former Presidential Communications Operations Office (PCOO) Secretary Martin Andanar.

Aguilar-Andanar said the reclamation project is a dream and aspiration of her late father who served as mayor of Las Piñas City from 1995 to 2004 and from 2007 to 2016.

She said (her) father’s vision is to keep pace with modern development. “If we don’t keep up or if we don’t devise a way (to generate income), it will become more difficult for the next generation,” said Aguilar-Andanar, quoting her father. She said (her) father wanted to call the reclamation project Las Piñas, Our Home 2.0.

Aguilar-Andanar said her family would join forces with incumbent councilors Mark Anthony Santos and Henry Medina in convincing their constituents on the benefits of the reclamation projects which could help restore ecosystems, create habitats for wildlife and mitigate flooding.

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? Do you think that now is the time to have the reclamation project approved so that Las Piñas will further develop economically and socially? Do you think that land reclamation only results in flooding and environmental damage? How many people in your local community are aware of the P103.8 billion Las Piñas-Paranaque Coastal Bay Reclamation Project? Will you vote Aguilar-Andanar for City Councilor in May 2025?

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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CREATE MORE bill signed into law

November 17, 2024November 11, 2024carlocarrasco

In a move to make the Philippines a prime investment destination, President Ferdinand “Bongbong” Marcos, Jr., recently signed into law the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act, according to a Philippine News Agency (PNA) news article.

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 Monday signed the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act to promote the Philippines as a prime investment destination.

CREATE MORE Act or Republic Act (RA) 12066, signed by Marcos in a ceremony at Malacañan Palace in Manila, builds on the game-changing economic reforms introduced under the CREATE law by making the country’s tax incentives regime more globally competitive, investment-friendly, predictable and accountable.

Marcos said the signing of RA 12066 signifies his administration’s unwavering commitment to empowering the business sector and enhancing their growth prospects.

“We cannot emphasize enough the important role of the business sector in shaping this law. Your feedback has been essential in our efforts to craft policies that make our country truly competitive on the global stage,” Marcos said.

“As we open new doors of opportunity, we drive businesses to reinvest their capital, build upon the workforce, and initiate a ripple effect that will be felt across generations,” he added.

Marcos said the new law is a reflection of the government’s resolve to foster a climate where businesses will flourish and continue to meaningfully contribute to the Philippine economy.

“By establishing clear timelines and deadlines and by limiting compliance requirements to those mandated by law, we are promoting transparency and predictability. And in so doing, we create a more reliable process that instills confidence in investors and in partners alike,” he said.

“To our investors and development partners, let this be our pledge: The Bagong Pilipinas (New Philippines) continues to foster an economy where businesses and investments remain at the heart of our progressive development.”

Under the CREATE MORE Act, the maximum duration of tax incentives availment is extended by 10 years to 27 years from 17 years, to attract strategic and high-quality investments.

Registered business enterprises (RBEs) under the enhanced deductions regime will benefit from a reduced corporate income tax rate of 20 percent.

The new law also grants a 100-percent additional deduction on power expenses to cut the costs for the manufacturing sector.

It also further streamlines the value-added tax (VAT) refund process by limiting the documentary requirements and addressing the VAT concerns raised by export-oriented enterprises.

RA 12066 also introduces various reforms such as the rationalization and streamlining of incentives-related processes to address investors’ pain points and cultivate an investment-friendly climate.

It likewise simplifies local taxation by imposing a local tax on RBEs in lieu of all other local taxes, fees, and charges.

The CREATE MORE law also strengthens the respective mandates of the Fiscal Incentives Review Board (FIRB) and the investment promotion agencies (IPAs).

It institutionalizes the adoption of flexible work arrangements as a business model for RBEs operating inside economic zones and freeports, without disruption in the enjoyment of their tax incentives.

Marcos said the Filipino people would benefit from the passage of the CREATE MORE Act through more and better economic opportunities that uplift their lives, such as high-quality jobs.

The signing of CREATE MORE law is consistent with the Marcos administration’s 8-point socioeconomic agenda.

Lawmakers lauded President Marcos for signing the measure, saying it would stimulate economic growth by attracting foreign direct investments (FDIs).

“With more foreign direct investments that CREATE MORE is expected to generate, more Filipinos will have better employment opportunities that will, in turn, redound to stronger domestic consumption, one of the major drivers of the local economy,” Senator Sherwin Gatchalian said in a statement.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the CREATE MORE law will succeed in attracting more foreign investments into the Philippines? Do you expect to see results related to the new law over the next eighteen months?

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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Measures for elderly citizens and Philippine products signed into law

March 1, 2024February 26, 2024carlocarrasco

Recently Philippine President Ferdinand “Bongbong” Marcos, Jr., signed into law two measures concerning the benefits of senior citizens and investing in Filipino competence, according to a Philippine News Agency (PNA) news article.

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 Monday signed into law Republic Act (RA) 11981, or the Tatak Pinoy (Proudly Filipino) Act, and RA 11982, granting benefits to octogenarians and nonagenarians.

“Today, it’s my honor to sign into law two bills which not only honor two key sectors of society, but mandate measures that protect their rights and promote their development,” Marcos said in his speech during the signing of the two bills at Malacañan Palace’s Ceremonial Hall.

“Each of these laws encapsulates the merits that the Bagong Pilipinas uphold toward building a strong nation. For example, the Tatak Pinoy Act is about investing in Filipino competence and talent. That genius and gift must be supported, not by exhortation alone but by true, tangible support,” he added.

The Tatak Pinoy (Proudly Filipino) Act aims to strengthen the partnership between the government and the private sector towards promoting Philippine goods and services by making these increasingly diversified and globally competitive.

Marcos said Tatak Pinoy gives incentives to local products that deserve to carry the “Made in the Philippines” trademark, showing the creativity and skills of the Filipino worker.

“It is about creating products and services of the highest quality, because Tatak Pinoy is also about excellence, and as a seal of great workmanship, it must only be applied to those that meet this high standard. As such, we shall give preference and priority to our products,” he said.

RA 11982 or the Amendments to the Centenarians Act of 2016, meanwhile grants monetary benefits to octogenarians and nonagenarians.

Through the expanded Centenarian Act, senior citizens aged 80, 85, 90 and 95, whether residing in the Philippines or abroad, will receive PHP10,000 cash incentive every age milestone and will still receive PHP100,000 upon reaching 100 years old.

Marcos said the expansion of the coverage of the Centenarians Act is a homage to the Filipino trait of compassion, and in the Philippine culture, this shows more kindness and compassion to the elderly.

“But they deserve more than cash in an envelope. What they should get is a support infrastructure that every society owes to its greying population. There were already close to 10 million seniors two years ago … But as this demographic enlarges, the societal facilities that attend to them should be expanded as well,” Marcos said.

Honoring the elderly – Senators believe that the Expanded Centenarians Act shall have a huge impact on the lives of elderly Filipinos.

“Malaking bagay iyon para sa kanila lalo na’t may mga pangangailangan din sila at gastos para sa gamot, vitamins, supplement, pagkain at iba pa (It is a big thing for them especially for their expenses in medicine, vitamins, supplement, food, among others),” Senator Ramon Revilla Jr., who authored the law, said in a statement.

Revilla explained the new law intends to provide cash benefits for Filipino octogenarians and nonagenarians “so that they would get to enjoy it more.”

He recalled filing the measure during the start of the 18th Congress in 2019 but failed to be passed into law.

The lawmaker assured that he will continue to push for the expansion of the 20 percent discount of senior citizens and exemption from value-added tax to include supplements, vitamins, herbal products, formulated milk, among others.

Revilla said he is also proposing to bring the age down to 56 years old to be considered as a senior citizen.

Let me end this piece by asking you readers: What is your reaction about this recent development? Do you think the two new laws will make positive impact on the nation’s economy and society in the years to come?

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 Aliño eyes more hotels and infrastructure projects to make Subic Bay freeport more attractive to investors

January 26, 2024January 26, 2024carlocarrasco

Recently a local businessman who has extensive experience of doing business inside the Subic Bay Freeport Zone took office as the new head of the Subic Bay Metropolitan Authority (SBMA) and made clear his plan to make the zone more attractive to investors, according to a Philippine News Agency (PNA) news article. His predecessor served for last than one year.

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

Businessman Eduardo Aliño officially assumed post on Monday as chairman and administrator of the Subic Bay Metropolitan Authority (SBMA).

During his first press conference as SBMA head, Aliño noted the vast potential of Subic which should be given priority for development.

“We have so many potentials here in Subic and we may be putting more hotels, more infra projects to attract more investors,” he said, adding that together with his management team, they will study everything to determine what is lacking.

Citing his experience as a locator himself, he also expressed his desire to give investors who are experiencing difficulties in paying their financial obligations to SBMA, a chance or consideration to recover.

He said these businessmen had invested so much money and it would be so painful to lose the business they dreamed of in Subic, so giving them a chance to recover would be like giving them a new lease on life.

Earlier on Monday, Aliño attended the flag ceremony in front of the SBMA Administration Office with his family, and was welcomed by senior officers, members of the board, and employees of the agency.

In his message, he revealed having some apprehensions when President Ferdinand R. Marcos Jr. offered him the position.

He said he consulted his family and thought about it for a while before saying “yes” to the President.

“How can I say no to your President?” he said. “Because if you always refuse to help our leaders, who else would? So, I said yes.”

Aliño said his acceptance of the post was also driven by his desire to repay for all the help that SBMA people had given him and his business over the past 20 years.

“It is because of you, other than us, that made our terminal into what it is right now. Hindi po namin magagawa ang lahat ng ito kung wala ang tulong ninyo (We won’t be able to accomplish all of these without your help)”, he said.

Aliño is the former president and chairman of the S.T.A.R. Group of Companies and former chairman of the Subic Bay Yacht Club. The S.T.A.R. Group of Companies is engaged in integrated supply chain services and port operations.

He is also the former president and chairman of the Subic Bay Freeport Grain Terminal Services Inc. and Mega Equipment International Corp. which is now being managed by one of his sons.

Addressing the employees of SBMA, the new administrator and chairman assured fairness and honesty in serving the people, while asking for their support.

“I promise you that I will be fair. I promise you to be honest,” he said, adding that he has no agenda other than to help and to serve SBMA as a gesture of love for the country, God and the President.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the new SBMA head Aliño and his team will succeed in revitalizing business in the Subic Bay Freeport over the next six months?

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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Philippines targets economic growth of 6.5% to 7.5% for 2024

January 25, 2024January 18, 2024carlocarrasco

Even though there are still uncertainties ahead, the national authorities here in the Philippines forecast economic growth of 6.5% to 7.5% this year, according to a Philippine News Agency (PNA) news article.

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

The government is sticking to its gross domestic product (GDP) target of 6.5 to 7.5 percent for 2024 despite many organizations forecasting the economic expansion this year will miss the administration’s goal.

National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon on Wednesday said the government has remained optimistic about achieving its target GDP growth for 2024.

“Of course, it’s a target. So, theirs is a forecast, meaning they are looking at what has been the trajectory before. But in our case, we have drivers for growth that we are pushing for,” Edillon told reporters on the sidelines of a joint economic briefing of foreign chambers in Makati City.

Among these sectors that would support economic expansion are international tourism, the Build Better More program of the administration, and the mass housing projects under the Pambansang Pabahay Para sa Pilipino or the 4PH Program.

“Then that will be a big factor actually in accelerating the growth,” she said.

Most of the forecasts of multilateral organizations and banks on Philippine GDP this year were below the government’s target.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think that the economy of the Philippines has enough momentum to grow at least 6.5% this year? What do you think will become the biggest obstacle for the Philippine economy with regards to external or overseas developments?

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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CREATE Law attracts over P1 trillion worth of investments

January 10, 2024January 4, 2024carlocarrasco

While it is still uncertain as to how much the Philippine economy will grow by the end of this new year, over a trillion Pesos of investments were attracted by means of project approvals under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, according to a news article published by the Philippine News Agency (PNA).

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

More than 900 projects with total investments of PHP1.02 trillion have so far been approved under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act as of end-October last year, the Department of Finance (DOF) said on Thursday.

In a Facebook post, the DOF said a total of 910 projects varying across priority sectors listed in the Strategic Investment Priority Plan (SIPP) have been approved under the CREATE law.

“This monumental achievement is a testament to the continuous efforts of the PBBM administration to promote the Philippines as a sound investment destination,” the department said.

Of the 910 projects, 49 big-ticket tax incentive applications with a combined investment capital of PHP817 billion were approved by the Fiscal Incentives Review Board.

The remaining 861 projects with a total investment capital of PHP203 billion were from Investment Promotion Agencies.

“These projects are expected to accumulate a committed employment count of around 99,400 jobs within its incentivized period, with the labor-intensive manufacturing sector having the highest number of approved projects among the priority sectors,” the DOF added.

“This underscores the employability of the country’s workforce in high-quality jobs that will contribute to long-term economic growth.”

CREATE establishes a performance-based, time-bound, targeted, and transparent tax incentives regime in the country.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think that more big-time investment-related projects will continue to come in via the CREATE Law?

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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America-Philippines nuclear deal opens opportunities for investments and energy

November 22, 2023November 20, 2023carlocarrasco

Recently a landmark deal about nuclear power for peaceful purposes was signed between the United States of America and the Philippines which opens up opportunities for investments and energy that the Filipino people can benefit from, according to separate news stories (click here and here) published by the Philippine News Agency (PNA).

To put things into perspective, posted below is an excerpt from the PNA story pertaining to investments. Some parts in boldface…

President Ferdinand R. Marcos Jr. on Friday (Manila time) expressed elation over the signing of the much-awaited “123 Agreement” on nuclear cooperation between the governments of the Philippines and the United States.

This was after Energy Secretary Raphael Lotilla and US Secretary of State Antony Blinken signed the nuclear cooperation agreement that will facilitate the collaboration between the two countries on technical exchanges, scientific research, and initiatives to ensure the safe operation of nuclear power installations.

The agreement was signed on the sidelines of Marcos’ participation in the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California.

“I am most pleased to be here today to join you this afternoon to witness another milestone towards a more energy-secure and green Philippines,” Marcos said, noting that the move was in line with his plans to ensure an “affordable, reliable, and sustainable energy supply” for the Philippines.

Marcos expressed optimism that the signing of the nuclear deal would encourage more foreign investors to pursue nuclear power projects in the Philippines.

The nuclear power cooperation, he said, would enable the country to meet its growing energy demands and provide a “more investor- and consumer-friendly environment.”

“The signing of the Philippines – United States Agreement for Cooperation Concerning Peaceful Uses of Nuclear Energy or the 123 Agreement is the first major step in this major regard, taking our cooperation on capacity-building further and actually opening the doors for US companies to invest and participate in nuclear power projects in the country,” Marcos said.

The 123 Agreement will establish a legal framework that allows the export of nuclear fuel, reactors, equipment, and special nuclear material from the US to the Philippines.

The agreement will allow the Philippines to use US nuclear technology, not for war, but for energy security and climate goals.

The President noted that apart from the 123 nuclear deal, Meralco and Ultra Safe Nuclear Corp. also signed a cooperation agreement to undertake a Pre-Feasibility Study on Micro-Modular Reactors (MMRs) to explore clean and sustainable energy options in the country.

Under the agreement, a feasibility study will be conducted for the potential deployment of MMRs to Meralco sites to enforce the sustainable energy agenda and provide affordable and dependable access to power, particularly to the underserved and off-grid areas for economic empowerment.

“I know our companies are eager to advance discussions on potential projects. Just yesterday, the MOU (memorandum of understanding) between Meralco and Ultra Safe Nuclear Cooperation was also presented to me. So, I believe congratulations are in order for the work of our respective negotiating teams, especially to the team from the United States,” Marcos said.

“I look forward to seeing this agreement in action in the years to come. Nuclear energy is one area where we can show that the Philippines-US alliance and partnership truly works, for our peoples, our economies, and the environment.”

For the PNA story pertaining to energy and modular reactors, below is the excerpt. Some parts in boldface…

The historic nuclear cooperation deal between the United States and Philippines would allow the Philippines to secure US-developed nuclear technologies, including small modular reactors.

Manila and Washington D.C. signed the civil nuclear cooperation deal, commonly known as a 123 Agreement, at the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco on Nov. 16 (US time).

The agreement will facilitate and enhance cooperation on clean energy security and strengthen the two nations’ alliance, the US State Department said.

“With access to US material and equipment, the US and the Philippines will be able to work together to deploy advanced new technologies, including small modular reactors, to support climate goals as well as critical energy security and baseload power needs within the Philippines,” it said.

The signing marks the successful culmination of the negotiation process launched by Vice President Kamala Harris during her trip to the Philippines in November 2022.

The deal, the State Department said, also spells out limitations on enriching, reprocessing, and transferring specific items without the other party’s consent.

“This agreement lays out a comprehensive framework for peaceful nuclear cooperation between the Philippines and United States based on a mutual commitment to nuclear nonproliferation and is required by US law to allow for the transfer of nuclear equipment and material for peaceful uses,” it said.

The name 123 Agreement is derived from Section 123 of the US Atomic Energy Act, which requires the US to have an agreement with a country before it can conduct nuclear export.

Section 123 establishes nine nonproliferation criteria that 123 Agreements must include and signatories must uphold.

Last May, US nuclear energy firm NuScale Power Corporation has expressed interest to invest in the Philippines and bared its plan to conduct a study to locate a site in the country.

Oregon-based NuScale is known for developing a small nuclear power system, described as safe, modular and scalable.

Let me end this piece by asking you readers: What do you think about these recent developments? Can you imagine what a nuclear-powered Philippines would be like in the years to come? Are there still people in your local community who are afraid of anything related to nuclear power? Do you admire the efforts of the Marcos administration when it comes to modernizing the Philippines with nuclear technology and power?

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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COVID-19 Crisis: Marcos officially lifts COVID-19 state of public health emergency

July 25, 2023July 23, 2023carlocarrasco

In case you missed the biggest update related to COVID-19 in the Philippines, President Ferdinand “Bongbong” Marcos, Jr., officially lifted the state of public health emergency related to novel coronavirus, according to a Philippine News Agency (PNA) news article. Take note that the said state of emergency pertaining to public health had lasted more than three years and the nation has clearly recovered from the negative effects of the pandemic. Many millions of Filipinos got vaccinated for COVID-19 while a growing number of businesses have been reporting the best financial results since the pre-pandemic age.

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

President Ferdinand R. Marcos Jr. has formally lifted the state of public health emergency declared due to the coronavirus disease 2019 (Covid-19) pandemic, Malacañang announced on Saturday.

Marcos on Friday issued Proclamation 297, lifting the nationwide declaration of a public health emergency due to Covid-19, Presidential Communications Office (PCO) Secretary Cheloy Garafil said in a statement.

“All prior orders, memoranda, and issuances that are effective only during the State of Public Health Emergency shall be deemed withdrawn, revoked or canceled and shall no longer be in effect,” according to the proclamation.

Under Proclamation 297, all government agencies are enjoined to ensure that their policies, rules, and regulations will take into consideration the lifting of the state of public health emergency.

Government agencies are also instructed to amend existing or promulgate new issuances, as may be appropriate.

Garafil said all emergency use authorization (EUA) issued by the Food and Drug Administration (FDA) under Executive Order (EO) 121 issued in 2020 would remain valid for one year from the date of issuance of Proclamation 297 “for the sole purposes of exhausting the remaining vaccines.”

EO 131 authorizes the FDA to issue EUAs for Covid-19 vaccines, which shall be valid only within the duration of the declared public health emergency.

“The proclamation also states that although Covid-19 remains to be a serious concern for certain subpopulation and requires continued public health response, the country has maintained sufficient health care system capacity and low hospital bed utilization rates even after the liberalization of Covid-19 health protocols,” Garafil said.

Former president Rodrigo Duterte issued Proclamation 922 on March 8, 2020, declaring a state of public health emergency after the first Covid-19 transmission reported by the Department of Health (DOH).

On May 4 this year, the International Health Regulations Emergency Committee of the World Health Organization (WHO) noted the decreasing trend in Covid-related deaths, the decline in hospitalizations and intensive care unit admission, and the high levels of population immunity to SARS-CoV-2 (severe acute respiratory syndrome coronavirus 2).

WHO Director General Tedros Adhanom Ghebreyesus on May 5 concurred with the committee’s advice and determined that Covid-19 no longer constitutes a public health emergency of international concern. Ghebreyesus advised the transition to long-term management of the Covid-19 pandemic.

In May, Marcos said the country is already “on normal footing” after the WHO lifted the global state of public health emergency.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the lifting of the COVID-19 state of public health emergency will impact local societies around the country?

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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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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