Headlines
SEC LOPEZ OPENS P198.5B-WORTH INVESTMENT TALKS WITH JP COMPANIES
Department of Trade and Industry (DTI) Secretary Ramon M. Lopez met with senior executives of Japan’s seven major trading houses in Tokyo recently (March 1, 2017) to discuss President Rodrigo Duterte’s economic programs and Japanese Companies investment interests in the Philippines, conservatively valued at Php198.5B. During a breakfast dialogue, Lopez—together with Transportation Secretary Arthur Tugade and PH Ambassador-Designate Jose Laurel V—got together with representatives of the sogo shoshas or Japanese companies with a broad range of business activities. Companies present at the meeting were Mitsubishi Corporation, Mitsui and Co., Ltd., Sumitomo Corporation, Itochu Corporation, Marubeni Corporation, Toyota Tsusho, and Sojitz. “Through sound and consistent macroeconomic policies, the country continues to attract serious investments. The fundamentals are there in terms of a fast-growing economy, a 109-million population base, standing trade agreements, and a young, talented, and dedicated work force,” Sec. Lopez said on the Japanese companies’ willingness to investment in the Philippines. “All these—plus political will and focused trade and investment policies—act as a magnet for foreign investments,” Sec. Lopez added. The investment interests of the sogo shoshas would cover the period spanning late 2016 to 2020, and include: Marubeni willing to invest in additional coal power plants worth Php75B over the medium term; Itochu and Sumitomo (through PH subsidiaries Dole and Sumifru respectively) willing to invest an additional Php12.9B through 2018 to expand their integrated farming projects in Mindanao; Sumitomo, Sojitz, and Mitsui jointly invested in Coral Bay Nickle Corporation and Taganito High Pressure Acid Leaching (THPAL) Nickle Corporation in Surigao and Palawan, at a cost of Php80B; The CARS program, under the... read moreBOI FINALIZES POLICIES AND GUIDELINES FOR PREFERRED INVESTMENT ACTIVITIES
The Philippine Board of Investments (BOI), an attached agency of the Department of Trade and Industry (DTI), is now finalizing the general policies and specific guidelines of the 2017 Investments Priorities Plan (IPP) following the approval by President Rodrigo Roa Duterte of the plan on 28 February 2017.The IPP, approved through Memorandum Order No. 12, was published in the March 3, 2017 issue of Manila Bulletin and will take effect on March 18, 2017. The IPP was approved as proposed by the BOI. The submission to the Office of the President on December 29, 2016, three months ahead of the March 31deadline under the Omnibus Investments Code of 1987, and the subsequent approval of the new IPP is a milestone for the agency. Trade and Industry Secretary and BOI Chairman Ramon Lopez welcomed the early approval of the new IPP saying “this development is concrete proof of the administration’s decisiveness to further propel the growth of investments and job generation in the country and attain sustainable economic growth”. The IPP is a list of priority investment activities that may be given incentives. With the theme “Scaling Up and Dispersing Opportunities,” the 2017 IPP brings forth significant additions and changes, following the President’s zero + 10-point Socio Economic Agenda, the aspirations embodied in AmBisyonNatin 2040, and the Philippine Development Plan 2017-2022. Broadly these changes include further emphasis on innovation-driven and job-generating businesses; inclusive business for agribusiness and tourism; broadened coverage of manufacturing; information technology (IT) and IT-enabled services for the domestic market and telecommunications services for new market players; environment and climate change-related projects; LGU-initiated PPP projects; drug rehabilitation centers; state-of-the-art engineering, procurement and construction (EPC)... read more
PH strengthens bilateral ties with Malaysia
Malaysian investors bullish in investing in PH PASAY CITY—At the sidelines of the Philippine (PH) hosting of the 49th ASEAN Economic Ministers’ (AEM) Meeting and Related Meetings on 8 September, Department of Trade and Industry (DTI) Secretary Ramon Lopez convened a bilateral meeting with his Malaysian counterpart, Minister for International Trade and Industry Y.B. Dato’ Sri Mustapa Mohamed. The Philippines (PH) and Malaysia (MY) discussed various measures to enhance trade and investment relations including regional economic integration. MY requested PH participation/support in its ASEAN internship program as a way to improve people-to-people interaction among college students. Under this program, interns will have the opportunity to gain experience in an ASEAN company. PH, meanwhile, sought MY’s support in the development of the Halal industry through various capacity building initiatives, including trainings and internship. PH also followed up on the proposed cooperation in palm oil, given that this can be instrumental in developing key areas in Mindanao. MY indicated that it is working very closely with Indonesia in addressing the various issues facing the industry, including the environmental lobby in the EU and taxes. PH requested MY to participate in the business matching activities for micro, small and medium enterprises (MSMEs) as part of the activities for PH chairmanship. MY underscored the need for a united ASEAN in moving forward with Regional Comprehensive Economic Partnership (RCEP). In parallel development, MY investors remain bullish on pouring in more significant investments in the PH given the country’s robust economy buoyed by heavy spending in infrastructure projects, expanding market with a large young population and growing middle class, and...SanDisk Premieres World’s Highest Capacity SD Card for High Performance Video and Photo Capture
International Broadcasting Convention, AMSTERDAM, Sept. 11, 2014 – SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today launched its 512GB** SanDisk Extreme PRO SDXC UHS-I memory card, the world’s highest capacity SD™ card on the market. The new offering is designed to meet the demands of industry professionals who require the most advanced gear available for shooting 4K Ultra High Definition (3840x2160p) video, Full HD video (1920×1080)1 and high-speed burst mode photography. “As an industry leader, SanDisk continues to push the boundaries of technology to provide customers with the innovative, reliable, high-performance solutions they have come to expect from us,” said Dinesh Bahal, vice president, product marketing, SanDisk. “4K Ultra HD is an example of a technology that is pushing us to develop new storage solutions capable of handling massive file sizes. The 512GB SanDisk Extreme PRO SDXC UHS-I card is a tremendous advancement that enables professionals to reliably store more content on a single card than ever before.” Built for the Pros Since SanDisk unveiled its first 512MB SD card in 2003, capacity demands have increased exponentially and the new 512GB SanDisk Extreme PRO SDXC UHS-I card represents a 1,000-fold capacity increase in just over a decade, yet maintains the same size footprint. SanDisk’s most powerful and highest capacity SD UHS-I memory card yet, the 512GB card delivers write speeds up to 90 MB/s* and UHS Speed Class 3 (U3) recording speed for high resolution, real-world color and stutter-free 4K Ultra HD video1. Transfer speeds up to 95 MB/s* move data quickly for efficient post-production workflow. The 512GB SanDisk Extreme PRO SDXC UHS-I card delivers...Local News/ Bohol Balita
3 ka piniriso nipuga sa Bohol District Jail
Tulo ka mga binilanggo kinsa adunay mga bug-at nga mga kaso sa humkuman ang nakapuga pinaagi sa paguba sa barbed wire ug nilukso sa gawas sa compound sa Bohol District Jail didto sa barangay Cabawan, dakbayan sa Tagbilaran niadtong Domiggo sa kaadlawon. Nailhan ang mga suspetsado nga sila Cayo Olandria, 31-anyos, taga-Sitio Tuhop, barangay Canulin, Candijay Bohol kinsa nag atubang sa kasong rape; Enrico Melencio, alias Ikong, 21-anyos, taga Barangay Panghagban, Buenavista, Bohol kinsang nag atubang sa kasong murder; ig si Julito Gamolo, alias Junjun, 32-anyos, nagpuyo sa barangay Ilijan, Inabanga, Bohol nga adunay kasong rape ug robbery. Nasayran sa taho nga ang insidente nahitabo pasado alas 4 sa kabintagon sa dihang nadiskobrehan kini ni Senior Jail Officer Irene Kapirig nga didto sa post number 3 niagi ang maong mga suspek pinaagi sa pagwiwi sa barbed wire ug nanglayat ngadto sa gawas. Si Supt. Felixberto Jagurin, jail warden sa Bohol District Jail, kanhi nailhan nga Bohol Detention and Rehabilitation Center ni order na sa usa ka manhunt operation aron sa pagsikop sa maong mga pugante. (Andy...Ginang gitabangan ug lugos sa 3 ka silingan
Alicia- Naospital ang usa k ginang human gitabangan ug lugos sa tulo ka mga lalaki nga iya rang silingan nga giingong naa sa ubos sa impluwensiya sa makahubog nga alak didto sa barangay Poblacion, Alicia, Bohol niadtong nakalabay nga semana. Giila sa kapulisan ang mga suspetsado nga sila Renato Balahay kinsa paryente sa bana sa biktima, usa ka Bernado Libres ug Ambrosio Libres. Nasayran sa taho nga ang biktima nga taguon lamang sa ngalan na Isabel, 37-anyos, minyo giguyod sa mga suspetsado mga ala-una sa kabuntagon niadtong Martes (Abril 13) ug gidala sa basakan diin didto gitabangan ug lugos. Sigun sa taho nga ang biktima gidala didto sa Candijay Medicare Hospital sa lungsod sa Candijay aron patambalan ug nahibaw-an nga duna kini mga bun-og sa iyang lawas, usa ka kissmark sa iyang li-og og hugaw sa lalaki nga nagpamatuod nga biktima kini sa pagpanglugos. Padayon pang gisusi sa mgakapulisan sa Alicia ang...Quarry sa LGU sa Candijay gireklamo
Gireklamo ang usa ka quarrying operations nga gihimo sa Barangay Pagahat, sakop sa lungsod sa Candijay di pa lang dugay ug giandam na matud ang complaint nga ipasaka sa Department of Environment and Natural Resources (DENR) tungod sa padayong pag kutkot sa bato didto. Ang tinubdan sa BBDN nitaho nga ang gihimong quarrying operations posibleng makadaot sa public infrastructure apil na niini ang poste sa NAPOCOR diin naglatay and tinubdan sa kuryente ug ang gikutkutan anaa pa gyud duol sa tunghaang elementarya sa Pagahat-Ang, Pagahat Elementary School. Ang nakaparat, matud pa, nga ang LGU mismo sa Candijay ang naghimo sa maong quarrying operations aron itambak ang mga nakuhang bato ngadto sa karsada nga gipang ayo sulod sa lungsod ug gigamitan pa sa mga heavy equipment. Gikabalaka sa mga residente didto nga ang nagpadayong pagkotkot sa mga bato makahimong kadaut sa ilang kalikopan ug posibleng makahatag ug disgrasya sa mga kabtangan ug kinabuhi sa mga tawo nga naduol sa lugar kon ugaling moabot ang dakong uwan nga mu resulta unya sa landslide. Matod pa sa tinubdan, nga adunay ordinansa sa probinsya nga nagdili sa mga quarrying operations kon kini himoon, 500 metros ang gilay-on gikan sa mga public infrastructure. Apan ang gihimong pagpangotkot anaa ra gayud sa nataran sa eskwelahan sa elementarya sa Pagahat ug anaa sa tiilan mismo sa poste sa NAPOCOR. Gawas sa gi andam na letter of complaint, gihangyo usab sa mga residente ang Provincial government nga ila untang aksyonan kining nagpadayon nga operation bisan pa man kon ang LGU mismo maoy naghimo sa maong...Catholic Church to move US priest over sex scandal
Manila,Philippines –Leaders of the Catholic Church have decided to relocate an American priest after having found out that he was convicted of sexual misconduct when he was a seminarian in Detroit,Michigan in 1988. Father Joseph Skelton is to be moved from his ministry in Central Tagbilaran city, to a still undisclosed place, an official of the Catholic Bishops’ Conference said Monday. “The CBCP will issue an official statement on the matter within the next few days,” a spokesman for the conference who did not want to be named, told the AFP. The website story on the website said the bishops only found out in November that Skelton was convicted of sexual misconduct when he was a seminarian in Detroit, Michigan, in 1988. “Had I known of his conviction, I would not have ordained him,” the website quoted Tagbilaran’s former bishop, Leopoldo Tumulak, as saying. Click here for full article from...Six Bohol candidates already sure winners
ONE congressional representative, three town mayors and two vice mayors are virtual winners before could be voted upon, and automation has nothing to do with it. While some 1,234 other candidates in Bohol are burning rubber exhausting energies to persuade voters into rooting for them in the campaign trail, these six politicians might as well prepare for their separate victory parties. The country’s former Agriculture Secretary Arthur Yap (Bohol’s third District) and incumbent mayors Dominisio Chatto of Balilihan town, Roberto Salinas of Catigbian and Thomas Louis Gonzaga of Danao all run unopposed and have the top seats handed to them in silver platter. 23 days into the country’s first automated national and elections, these candidates are now devoting their spare time campaigning for their slates to assure them of more allies as their new mandates start July 1. Aside from Yap’s sure seat, eight other candidates vie for the two remaining congressional seats in Bohol in a political “Trip to Jerusalem” of sorts. Some five candidates throw their hats for the single gubernatorial seat while four more are eyeing at being the chief presiding officer in the province’s highest legilslative body, data from the Commission on Elections (COMELEC) show. Another 28 candidates are vying for the 10 seats as district Board Members: 10 of them from District 1, eight from District 2 and another 10 from District 3. Discounting the three sure winners for mayoralty seats, some 107 candidates would be politically slugging it out to sit in opened 45 mayoralty seats in 47 towns and a city. Aside from Vice Mayor Jose Cepedoza of Danao who has sealed...National News
Latest News
Contributors
Daily News
