Tag: Zambales

Investment firm Cerberus Capital Management will invest P15 billion more in the Philippines

Investment firm Cerberus Capital Management will invest P15 billion more in the Philippines

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While a lot of economists stated that the economy of the Philippines is unlikely to achieve 6% growth this year, the New York-based investment firm Cerberus Capital Management is investing an additional P15 billion in the country, according to a Philippine News Agency (PNA) news article. For the newcomers reading this, Cerberus is the operator behind the Agila Subic Shipyard.

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

New York-based alternative investment firm Cerberus Capital Management is investing an additional PHP15 billion in the Philippines within a year, as it sees progress in its existing operations and government support for foreign investors.

The company, which operates the 300-hectare Agila Subic Shipyard, the former Hanjin Shipyard in Subic Bay that it acquired in 2022, disclosed the plan during a meeting with President Ferdinand R. Marcos Jr. in Washington, DC earlier this week.

In a press release Friday, the company said the additional investments will be used to update the shipyard and introduce new projects in logistics, energy, and transport infrastructure.

Cerberus managing director Alexander Benard said they are “encouraged by the progress we’ve seen and by the strong support from the Philippine government.”

“We believe the Philippines holds significant long-term potential as a regional hub for industrial and logistics activity. We look forward to building on this momentum and supporting the development of our key strategic assets in the Philippines,” he said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will experience a breakthrough of additional foreign investments 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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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

Six foreigners and local bodyguard arrested in Subic for alleged spying operations

Six foreigners and local bodyguard arrested in Subic for alleged spying operations

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Recently, elements of the National Bureau of Investigation (NBI) apprehended six foreigners and their local bodyguard in Subic, Zambales, for allegedly conducting surveillance and reconnaissance activities, according to a Philippine News Agency (PNA) news article. The foreign suspects were all from China and several pieces of evidence were collected by the law enforcers.

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

Authorities have arrested six foreign nationals and their Filipino bodyguard suspected of engaging in intelligence, surveillance and reconnaissance (ISR) operations in Grande Island in Subic, Zambales.

In a press briefing on Wednesday, NBI officials led by spokesperson Ferdinand Lavin presented to the media the six Chinese suspects as well as the equipment recovered from them.

They were identified as He Peng, alias Nan Ke; Xu Xining; Ye Tianwu, alias Qui Feng/Quing Fe; Ye XIaocan; Dick Ang; and Su Anlong.

The NBI said its Cybercrime Division received a letter on March 17 from the Armed Forces of the Philippines Military Intelligence Unit regarding foreign nationals suspected of carrying out covert ISR operations on critical infrastructures within Central Luzon.

“Notably, Grande Island, located within Subic Bay approximately 56 kilometers north of Manila Bay, has attracted attention as foreign nationals have reportedly been conducting surveillance activities there. Intelligence report from the AFP revealed that six individuals on the island were closely monitored for engaging in deemed suspicious activities, involving a collection of sensitive data related to ‘Critical Infrastructure’ or data affecting national defense within the area,” the NBI said in a statement.

The NBI said the individuals were occupying the island under the guise of recreational fishers, frequently lingering at the wharves.

Witnesses reported that the group was using hi-tech drones in the guise of transporting fishing bait to conduct surveillance on naval assets, including those from local forces and allied nations, passing through Grande Island.

“Due to its contiguity and strategic location, the island allows the group to monitor naval assets entering and exiting Subic Bay during maritime patrols or joint naval exercises in the West Philippine Sea,” the NBI said.

On March 19, NBI agents led by Director Jaime Santiago, together with the AFP Intelligence Units and SBMA law enforcers, arrived at the target location to implement the warrant of arrest and carry out a hot pursuit operation which also yielded photographs and documents of Philippine and US naval assets.

Electronic gadgets containing surveillance photos and videos were also seized together with fake documents and identification cards.

Their Filipino bodyguard, Melvin Aguillon, was also arrested for possession of an unregistered firearm.

On March 21, the arrested suspects were presented for inquest proceeding before the Office of the Provincial Prosecutor, Bataan for violations of Commonwealth Act No. 616 (Espionage Law); Articles 172 (Falsification by Private Individuals and Use of Falsified Documents) and 178 (Using Fictitious Name and Concealing True Name) of the Revised Penal Code; Republic Act (RA) No. 10591 (Comprehensive Firearms and Ammunition Regulation Act); and the election gun ban.

Let me end this post by asking you readers: What is your reaction to this recent development? Were you surprised that the foreign suspects were Chinese nationals?

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

Remolino and Alcoseba successfully defend titles in 2025 National Age Group Triathlon Subic Bay race

Remolino and Alcoseba successfully defend titles in 2025 National Age Group Triathlon Subic Bay race

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Cebu-based SEA Games medalists Andrew Kim Remolino and Raven Faith Alcoseba successfully defended their respective titles in the elite category of the 2025 National Age Group Triathlon (NAGT) opening leg at the Subic Bay Metropolitan Authority (SBMA) Freeport Boardwalk in Zambales yesterday.

Remolino finished the 750 Meter swim – 20 Kilometer bike – 5 Km run race in 56 minutes and 46 seconds to beat teammate Matthew Justine Hermosa (56:47) and Joshua Alexander Ramos of Baguio City (57:23) in the men’s division.

“Halos sabay-sabay lang kami nina Matthew, [Iñaki Emil] Lorbes, Joshua at Dayshaun Karl [Ramos] after ng swim until sa bike transition. Nag-breakaway kami ni Matthew pag-start ng run, then nag-sprint na kami sa last 150 meters,” explained the 23-year-old Remolino, a 2nd year marketing student at University of San Carlos.

In the women’s division, Alcoseba clocked 1:05:19 to claim her fourth straight title in the event organized by the Triathlon Philipines headed by Tom Carrasco.

Erika Nicole Burgos of Tanauan, Batangas (1:06:56) and Katrina Salazar of Mandaluyong City (1:08:53) placed second and third, respectively.

“I had a good training. It’s nice to win again,” said Alcoseba, fourth year civil engineering student at De La Salle University. She won one gold (4x200m freestyle relay), two silver (400m Individual Medley and 800m freestyle) and one bronze (400m freestyle relay) medals in the UAAP Season 87 swimming competition.

In the Junior Elite category, the top three finishers in the men’s division were Dayshaun Karl Ramos (57:17), Darell Johnson Bada (59:38) and Euan Arrow Ramos (59:40) while in the women’s division were Dhana Victoria Seda-Lomboy (1:09:54), Maria Celinda (1:14:50) and Candace Marie (1:15:12).

In the age group sprint, which also covered 750m swim, 20km bike and 5km, the winners in the men’s division were Christopher Adrian Te of TDN Con-Steel Builders (16-19), Daniel Nazarro of Baguio Benguet Triathlon (20-29), Norman Resurrecion of FITPH (30-39), Raffy Dolor of Artemis Victory (40-49), Joey Veloso of Paynet Amigo Tri (50-59), and Michiel Van Der Auwera of Westgrove (60 and over).

Champions in the women’s division were Aira Danara Soguilon Gregorio of DentalWay-HTC-GTT (16-19), Edellaine Mae Digos of Olongapo Junior Trackers Multisports (20-29), Rhia Mae Alexandra Stawicki of Triclark Triathlon Team (30-39), Franchesca Carpo of Polotri Team (40-49), Bic Ferreria of Amigo Tri (50 and over).

In the Para Triathlon, the winners were Jake Lacaba (men’s PTS2), Raul Angoluan (men’s PTS3),

Alex Niño Silverio (men’s PTS4), and Joshua Nelmida and Bernard Matthew Cruz (men’s PTSVI)

The NAGT is sponsored by the Philippine Sports Commission (PSC), Milo, Standard Insurance, LeGarde, Gatorade, Asia Centre for Insulation Philippines, Inc. and Fitbar with support from Subic Bay Metropolitan Authority, RaceYa, Stat Med and MTiming. 

For local triathlon updates, visit https://www.facebook.com/TriPhil.  

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Note: The above content was sourced from a press release issued by TriPhil. Some parts were edited for this website.

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 at https://www.instagram.com/authorcarlocarrasco

Dimayuga and Tan top Under-15 category of 2025 National Age Group Triathlon Subic Bay race

Dimayuga and Tan top Under-15 category of 2025 National Age Group Triathlon Subic Bay race

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Diego Jose Dimayuga and Lauren Lee Tan dominated the Under-15 (Youth) category in the 2025 National Age Group Triathlon (NAGT) at the Subic Bay Metropolitan Authority (SBMA) Freeport Boardwalk in Zambales yesterday.

Dimayuga of Get Coach’D Academy, finished the 500 meter swim – 10 kilometer bike – 2 kilometer race 30 minutes and 55 seconds to beat teammate Pio Mishael Latonio (31:34) and David Mora of TNST/Sante Barley TriTeam, who clocked 31:39, in the boys division of the event organized by the Triathlon Philippines headed by Tom Carrasco.

Tan of Ormoc Aquatic Edge bagged the girls title with a time of 34:07, beating Christy Ann Perez of TLTG Go for Gold PH (34:27) and Alaina Bouffaut of Get Coach’D Academy (35:04).

Meanwhile, Pele Matteo Latonio (Get Coach’D Academy) and Elise Salas (Olongapo Junior Trackers) ruled Super Kids 11-12 category (400m swim-8km bike-2km run) in the tournament sponsored by the Philippine Sports Commission (PSC), Milo, Standard Insurance, LeGarde, Gatorade, Asia Centre for Insulation Philippines, Inc. and Fitbar.

Latonio registered 32:02 followed by Chris Donovan Lacuna of Olongapo Junior Trackers Multisport (32:19) and Oliver Kurt Alingarog of DLSZ Tri Team (32:34) in the boys division.

Salas, on the other hand, clocked 33:06 to prevail over Naomi Rosalie Dimayuga of Get Coach’D Academy (33:50) and Saffi Vanicka Son of TLTG Go for Gold PH (33:08) in the girls division.

In the 9-10 category (200m swim-6km bike-1km), Gabriel Tapuro of Team Megawide (24:02) secured the gold medal over Nathaniel Rafael Macasaet of Golden Flippers Swim Club (24:30) and John Luigi Remolino of TLTG Go for Gold PH (24:50) in the boys division, while Pia Gienne Meiko Gito of Sante Barley Tri Team (23:22) captured the girls title over Juriel Brooke Julian of Olongapo Junior Trackers Multisport (24:35) and Angeli May Casera of GAS Coaching (24:45).

In the 7-8 category (100m swim-2km bike-800m run), Eli Julian Dela Cruz of Team Megawide (13:43) placed first followed by Theodore Caleb of TLTG Go for Gold PH (14:27) and Jiro Tamayo of TriVatan (14:46) in the boys division, while the top three finishers in the girls division were Abigail Bouffaut of Get Coach’D Academy (16:02), Stacey Ailia Aisha Escala of Olongapo Junior Trackers Multisport (16:35) and Zia Angel Da Silva of TLTG Go for Gold PH (17:14).

Ruan Azriel Santos and Jan Christel Culanag of Olongapo Junior Trackers Multisport topped the 6 and under category (50m swim-1km bike-400m run) of the event supported by Subic Bay Metropolitan Authority, RaceYa, Stat Med and MTiming.

The second day of the tournament features Elite/Junior men and women; Para Triathlon men; Sprint Age Group men and women (16-19, 20-29, 30-39, 40-49, 50-59) and 60 and over for men only; Sprint Age Group men and women (18-24, 25-29, 30-34, 35-39, 40-44, 45-49); 50 and over (women); 50-54, 55-59 and 60 and over (men); and Standard Team Relay (men, women and mixed) categories.

The race distances are Sprint Elite, Junior Elite, Para, and Age Group (750 M swim – 20 Km bike – 5 Km run)) and Standard Age Group/Team Relay (1.5 Km swim – 40 Km bike – 10 Km run).

For local triathlon updates, visit https://www.facebook.com/TriPhil.  

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Note: The above content was sourced from a press release issued by TriPhil. Some parts were edited for this website.

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 at https://www.instagram.com/authorcarlocarrasco