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PH visit to South Korea raises USD 4.8B investment pledges, 50,800 jobs

SOUTH KOREA—The Philippine (PH) business delegation and South Korean counterparts signed a total of USD 4.8B-worth of investment pledges and business expansion intentions during the PH-Republic of Korea (ROK) Luncheon and Business Forum on 5 June 2018. These agreements are estimated to generate 50,800 employment opportunities in the country. The Department of Trade and Industry (DTI) led the event signing, which gathered over 400 business delegates from both countries and comprising of new operators as well as subsidiaries of conglomerates operating in the country. DTI reported that the 22 signed business agreements– six Memoranda of Understanding (MOUs) and 16 Letters of Intent (LOIs) — were presented to President Rodrigo Duterte during his visit in South Korea.  These are in addition to the five MOUs signed between the governments of the Philippines and South Korea. The business agreements cover expansion intentions for operations on power infrastructure development (offering 2,200 jobs), engineering and construction (2,000 jobs), solar power (1,000 jobs), electric automobile business operations (10,000 jobs), wind power plant (10,000 jobs), dredging and port rehabilitation (100 jobs), freshwater eel production (50 jobs), and real estate development (1,500 jobs). Trade and Industry Secretary Ramon Lopez met with South Korean companies seeking to invest in the country. Investment pledges include automotive, public utility modernization, liquefied natural gas (LNG), coal-fired power, engineering, construction, sea offshore services, food, and aquaculture Hyundai Motor Co. (HMC) expressed its intention to participate in the PUJ modernization program by providing environmental-friendly automobile technologies. HMC proposed a mid-term and long-term investment plan to construct an assembly plant in the country for passenger vehicles. Meanwhile, SK Energy and Services is keen on... read more

PCAB CONTRACTORS CAN NOW PAY LICENSING AND REGISTRATION FEES ONLINE

The Department of Trade and Industry- Construction Industry Authority of the Philippines (DTI-CIAP) and the Landbank of the Philippines entered into a Memorandum of Agreement (MoA) on 12 February 2018 to provide fast and efficient alternative payment collection services to CIAP clients such as Philippine Contractors Accreditation Board (PCAB) contractors. Sinceend of April 2018, contractors can directly transact with the Landbank Payment gateway for online payment of monetary obligations to CIAP-PCAB, i.e., payment of fees and charges relative to licensing and registration application, among others. The Landbank Link.BizPortal is an alternative channel that offers a safer and more convenient means to pay government fees anytime, anywhere. It will allow contractors to pay licensing and registration fees and charges assessed by CIAP-PCAB online or manually. As of now, the following bancnet member banks are being accepted for Landbank E-payment: Asia United Bank; BPI Direct BanKo; CTBC Bank; Citystate Savings Bank; DBP; Enterprise Bank; Entrepreneur Bank; Equicom Savings Bank; MASS SPECC; Malayan Bank; PBCom; Phil Postal Savings Bank; Philtrust Bank; Sterling Bank of Asia; Sun Savings Bank; and Tianong Rural Bank. For more information, contractors may visit CIAP’s website... read more

Business conference showcases Central Luzon, Pampanga’s progress

ERIKA MARIEL GINES   BIZCON. Pampanga Chamber of Commerce and Industry, Inc. and Philippine Chamber of Commerce and Industry executives join former president and Pampanga second district Representative Gloria Macapagal-Arroyo for a photo opportunity, after her keynote speech at the 27th North Luzon Area Business Conference held at the LausGroup Event Center. (Erika Mariel Gines Photo)   “This area business conference is a testament that indeed, Central Luzon and the province of Pampanga in general, is becoming the center of growth not only in the region but of the whole country.”   This was the statement of Pampanga Chamber of Commerce and Industry, Inc. (PamCham) vice chairman Rene Romero during the culminating ceremony of the 27th North Luzon Area Business Conference (NLABC) held Friday, May 18, at the LausGroup Event Center in the City of San Fernando.   He noted that the three-day event proved to be “one of the most successful” area business conference of the Philippine Chamber of Commerce and Industry (PCCI), as it gathered over 600 delegates coming from all over North Luzon.   “We are really very happy with the outcome of our event, as modesty aside, while it is our first time hosting this conference, we have come up with the biggest and most organized NLABC I have seen for the last 30 years that I have been part of the chamber movement,” he relayed.   He added that the positive feedback of the participants proved that event was able to showcase the latest developments in Pampanga which include state-of-the-art facilities, infrastructure, and the province’s renowned hospitality sector, further centering the province’s status as a major...

Top Tech Experts And Changemakers To Convene In Bohol For OCEAN 2016 Summit

Summit readies region for next industrial revolution MANILA, Philippines (August 25, 2016) – Filipino Young Global Leaders and Shapers recognized by the World Economic Forum are getting together and gearing up for the Open Collaboration with East Asia New Champions (OCEAN) 2016 Summit from November 24 to 26 at the Be Grand Hotel in Bohol. Chief Organizer Winston Damarillo, a WEF Young Global Leader said, “This year in Davos, we talked about the 4th Industrial Revolution – how high technology will promote rapid industrialization and how digital can impact lives for the better. We want to make sure that all emerging countries don’t miss out. We don’t want to miss out.” “Our goal for OCEAN 16 is to take the whole concept of the 4th Industrial Revolution beyond the think tanks and the people talking theories in Davos. We want to bring it to emerging countries like the Philippines at the grassroots level,” he added. Started in 2014 by Damarillo with fellow WEF Young Global Leaders, Karen Davila and Senator Bam Aquino, OCEAN aims to encourage local and global leaders to work together and strengthen the ecosystem for innovation, technology and creativity in the Philippines. OCEAN 14 brought together over 200 changemakers from all over the world to Mövenpick Hotel Mactan Island in Cebu. Panel discussions covered Inclusive Entrepreneurship, Sustainable Social Initiatives, Environment in the Next Decade, the Creative Economy, and Igniting Private & Public Partnerships. Attendees included Tony Meloto, Maria Ressa, Manny Osmeña, Geena Rocero, Jeffrey Tarayao, Cherrie Atilano, Carlo Delantar, Lynn Pinugu and Anna Oposa. Notable outcomes from OCEAN 14 include the Start-Up Business Bill, a proposed...

Local  News/ Bohol Balita

Pamilya Garay sa Jagna, mananaog sa Huwarang Pantawid Pamilya Prov’l Search

TAGBILARAN CITY, June 14 (PIA)–Ang pamilya Garay gikan sa Barangay Can-upao sa lungsod sa Jagna ning lalawigan sa Bohol ang napiling mananaog sa 2016 Huwarang Pantawid Pamilya Bohol Provincial Search diin labaw sa 40 ka entries ang ilang gikabangga. Si Vicente ug iyang asawa nga si Marissa wala nagdahom nga modaog tungod kay matud pa nila, ila lamang gipa-ambit ang estorya sa ilang pamilya. Ang magtiayon may pito ka mga anak diin tulo niini ang benepisyaryo sa Pantawid Pamilyang Pilipino Program ug kini sila mao si Aria Venice, Lee Mark ug Vic Jun. Ang ilang kinamagulangan nga si Ivy usa ka electrical engineering graduating student, si Rose Marie ang ikaduha naa na karon sa 3rd year college nga nikuha sa kursong Bachelor of Education, si Prince naa sa day care ug ang kinamanghoran nga si Vincent Ian duha ka bulan pa lamang. Ang Pantawid Pamilya usa ka conditional cash transfer sa gobyerno nga namuhonan sa edukasyon ug panglawas sa mga kabos nga banay nga may anak nga may edad 0-18. Gi-implementar kini ubos sa Department of Social Welfare and Development (DSWD). Agi og pag-ila sa ilang modelong partner-beneficiary, ang DSWD nangita matag-tuig og Huwarang Pantawid Pamilya nga awtomatikong maapil sa ilang ‘pool of family ambassadors’ sa maong programa. Ang maong pagpangita mo-ila sa mga pamilyang nagpakita og maayo ug lig-on nga relasyon, positibo nga Pilipinhong pamatasan ug may positibong impak sa komunidad diin sila namuyo. Ang ubang mananaog sa probinsiya mao ang pamilya Alingasa sa Barangay La Libertad Sur, Catigbian (2nd place) ug pamilya Manginsay sa Barangay Hunan, Buenavista (3rd place). Ang nag-unang provincial winners awtomatikong mobangga alang sa...

Continue the struggle against poverty -Guv

TAGBILARAN CITY, June 13 (PIA)–Amidst pouring rains, Governor Edgar Chatto rallied Boholanos to continue making independence day relevant by continuing the struggle against poverty and inequality even as he translated the rains as a sign of nurturing the seeds to feed the country. Speaking at the gathering of Boholanos in time for the 118th Independence Day Commemoration, Sunday June 12, at the Plaza Rizal, Chatto reminded everyone that the freedom which the country earned after the Spanish and American occupations is never completed. “Freedom is not what we get after June 12, 1898,” Chatto stressed as rains pounded on the makeshift tents installed at the Plaza Rizal in Tagbilaran, from where the commemorative program was held. “Every year, we remember the past and live with the challenges of poverty and inequality in wealth, opportunities, injustice and criminality” the governor who led the commemorative program after a wreath laying and Flag raising ceremonies said. Urging for citizens participation in the task of guarding the freedom and realizing the dream of true independence, Chatto called people to make the call once they see service inefficiency. “In fear, we are not free,” he stressed as he tried pitching for more participation in calling against being shortchanged in government. Not calling against “inefficiency of services is corruption,” he stressed. The governor, who has been largely engaging everyone to help in economically moving up and be a strong province, knew that Bohol used to frequent the bottom poorest provinces in the country. Now with the tourism, trade and industry as well as combined effects of information technology and agriculture, Chatto again urged everyone to...

Employers, gipahinumdoman sa DOLE sa Independence Day holiday pay

TAGBILARAN CITY, June 13 (PIA)–Subling gipahinumdoman sa Department of Labor and Employment (DOLE) ang mga pribadong sektor sa saktong pagbayad sa ilang mga empleyado nga nisulod kagahapon dungan sa pagsaulog sa ika-118 ka tuig nga anibersaryo sa Adlaw sa Kaugalingnan o Independence Day. Base sa pay rules sa DOLE, ang bisan kinsang empleyado nga misulod sulod sa walo ka oras makakuha og dugang 200 porsiyento sa iyang suholan. Kun molapas sa walo ka oras ang trabaho, dugang 30 porsiyento sa hourly rate ang angay nga ibayad sa usa ka empleyado. Apan kun wala nisulod ang usa ka empleyado, bayaran pa gihapon kini og 100 porsiyento sa iyang suholan sa maong adlaw. Samtang ang misulod nga empleyado sa adlaw sa Hunyo 12, nga natunong sa iyang day-off, bayaran og dugang 30 porsiyento sa iyang daily rate nga 200 percent. Base sa gilagdaang Proclamation 1105 niadtong Agosto 20, 2015 ni Presidente Benigno S. Aquino III, usa ka regular holiday ang Independence Day....

DTI to open third Negosyo Center with Fablab Co-Working Space in Cebu

The Department of Trade and Industry is set to launch the third of the seven Negosyo Center Plus at the University of the Philippines (UP) Cebu Campus in Cebu City on June 9, 2016. The Negosyo Center Plus is a Negosyo Center with Fabrication Laboratory and Co-Working space. It is the second to the Bohol Fablab and first with the Negosyo Center Fablab Co-working Space tag in the Visayas. DTI Supervising Undersecretary for Regional Operations Group (DTI-ROG) Zenaida Maglaya said that the Negosyo Center with Fablab Co-working Space launching is a milestone for the Department after unveiling the first two in Santiago City and Ilocos Sur. The DTI is also set to open four more Negosyo Center with Fablab Co-working Spaces in Tacloban City (Eastern Visayas State University) on June 21, Bicol (Bicol University Compound) on June 23, National Capital Region (CITC Marikina; University of the Philippines – Diliman) on September 14, and in Zamboanga City (Zamboanga State Ploytechnic College) on October 7. “The Negosyo Center Plus is a huge lift to our micro, small and medium enterprises (MSMEs). These Negosyo Center with Fablabs and Co-Working Spaces are strategically located for innovation and creativity in the industry, particularly for use by students, start-ups and micro and small enterprises,” Maglaya said. The Negosyo Center Plus UP Cebu is the first DTI-supported FabLab in Cebu. The DTI funded six (6) equipment worth Php 5.375 million under its Shared Service Facility (SSF) program to provide technical assistance and capacity building for the FabLab’s management and operations. The Negosyo Center Plus UP Cebu provides a creative space for designers, creatives, entrepreneurs, students and...

DepEd, nipahinumdom sa mga tunghaan sa gipatuman nga “No Collection Policy”

TAGBILARAN CITY, June 8 (PIA)–Sa Hunyo trese na magbukas sa klase ang mga pampublikong tunghaan sa tibuok nasod. Kalabot niini, subling nipahinumdom ang Department of Education (DepEd) kalabot sa gipatuman nga “No Collection Policy” o pagbawal nga mangolekta og bayronon sa mga estudyanteng nag-enrol alang sa school year 2016 ngadto sa 2017. Matud pa sa DepEd nga matag panahon sa enrollment, kanunay silang makadawat og reklamo kalabot sa pagpangolekta og mga bayronon nga dugang nagpalisod sa mga ginikanan. Ubos sa DepEd Order Number 41 series of 2012, bawal mangolekta sa mga estudyante sa kindergarten hangtud grade 5 sa tibuok school year. Samtang sa Hunyo taman Hulyo epektibo ang ‘No Collection Policy’ alang sa grade 5 ngadto sa grade 10 o fourth year high school students. Giingong mahimo lamang mangolekta ang mga tunghaan sa Agosto apan angay nga boluntaryo kini ug dili compulsory. Apil sa mga bayronon na awtorisado sa DepEd ang membership fee alang sa Boy Scouts ug Girl Scouts of the Philippines, Anti-Tuberculosis Fund Drive, Parents-Teachers Association, school publication fee ug Parents-Teachers Association fee. Ang ‘No Collection Policy’ usa ka anti-poverty measures sa DepEd nga tuyong aghaton ang mga ginikanan nga patunghaon sa eskwelahan ang ilang mga anak. Sa ingon niining pamaagi, magamit sa mga ginikanan ang ilang salapi sa mas importanteng panginahanglan sama sa pagkaon ug pamiliti sa mga bata....

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