by magnolia_eic | Jul 14, 2010 | Local News / Bohol Balita
Bohol leaders lobbied to Pres. Benigno Simeon C. Aquino III for the realization of the Panglao-Bohol International Airport Development Project (PBIADP).
The Provincial Development Council (PDC), Provincial Peace and Order Council (PPOC), Sangguniang Panlalawigan (SP), and League of Municipalities of the Philippines (LMP)-Bohol have passed a joint resolution earnestly requesting President Aquino to carry on the project.
Governor Edgar Chatto had earlier moved for passage of said resolution.
Chatto, who serves concurrently as PDC Chair, will preside over the first PDC meeting later this week in his residence in Del Carmen Weste, Balilihan on Thursday in time for the town fiesta.
An update on the completion of the Panglao International Airport project is certain to be one of the “priority concerns” that Chatto intends to discuss with the new set of provincial officials, including the three congressmen.
Former Governor and now Rep. Erico Aumentado was in Manila last week to deliver a copy of the PDC resolution to the Office of the President in Malacañang.
He said he had also asked the most probable next Speaker of the House, Quezon City 4th District Rep. Feliciano Belmonte of the ruling Liberal Party, for his help in endorsing the project with President Aquino.
The Panglao Airport, has been in “extremely long gestation, having taken over 20 years to get into the verge of completion – from conceptualization to the expected implementation next year.
In the resolution, the PDC full council pointed out that the necessity for having the international airport in Panglao Island “has long been expressed across many sectors and stakeholders of the Boholano community, and its urgency is evidenced not just by the exponentially increasing tourist arrivals…, but also by the congestion of passengers and planes in the current Tagbilaran Airport, as well as its hazardous landing conditions, being located right in the midst of residential and commercial districts.”
The PDC also noted that the project was already about to be awarded to a winning bidder in the last days of the Arroyo administration and Chatto’s provincial administration intends to get the assurance of President Aquino’s support to have it continued. (PIA-Bohol)
by magnolia_eic | Jul 14, 2010 | Headlines, National News
IN his first command conference with the Armed Forces of the Philippines (AFP) held on Monday, President Benigno Aquino III ordered the military to crush enemies of the state while adhering to international human rights regulations.
The modernization of the AFP is also on President Aquino’s priority list.
But since there is lack of funds, the President is studying proposals to lease 130 hectares of land under by the AFP.
Aquino said the modernization should go along with the payment of benefits to families of soldiers killed in the line of duty and the recruitment of new soldiers.
The commander-in-chief also gave an advice to military officers who may have been demoralized by the major revamp at the AFP.
Aquino said any complaint should be brought to the AFP’s grievance system.
The past administration was hounded by allegations its security forces were involved in human rights abuses.
The new administration wants to change that image, believing the AFP can achieve victory over its enemies by upholding human rights. (PIA-Bohol)
by magnolia_eic | Jul 14, 2010 | Headlines, National News
THE economic team of President Aquino can help the country attract more investors because its
members have proven track records in their own areas of expertise, the Philippine Chamber of Commerce and Industry (PCCI) said.
In a statement, the PCCI said President Aquino’s choices for the heads of the National Economic and Development Authority (NEDA), Department of Finance (DOF), Department of Trade and Industry (DTI), Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), and Department of Agriculture (DA) would boost business and investor confidence as they are noted to have vast experience in providing long-term policy solutions and sound advice on issues such as the budget deficit, revenue collection, infrastructure development, bureaucratic red tape and corruption.
“PCCI is indeed pleased with the roster of the President Aquino’s economic team. It is our great desire to work closely with them to ensure that the interest of the private sector, more so the small and medium entrepreneurs are reflected on the table,” PCCI president Francis Chua said.
PCCI said they approve of the appointments of NEDA Director General Cayetano Parenga, Jr., Finance Secretary Cesar Purisima, Trade Chief Gregory Domingo, BOC Commissioner Lito Alvarez, BIR head Kim Henares, and DA secretary Proceso Alcala.
The largest business organization in the country has pledged its support for President Aquino’s economic team, citing the group’s track record in managing the country’s foremost economic and business concerns. (PIA-Bohol)
by magnolia_eic | Jul 10, 2010 | Headlines, National News
NAGTUO nga makab-ot ang hustisya ubos sa bag-ong administrasyon, si Marine Captain Nicanor Faeldon ni ingon nga andam siyang mo atubang sa mutiny ug mga kasong rebilyon nga gipasaka batok niya.
Sa usa ka press conference sa Antipolo City diin gi presenta si Faeldon, nagkanayon kini nga ni surrender siya sa mga otoridad tungod kay nagtuo siya nga makab-ot dili lamang niya, apan apil usab sa iyang mga kauban nga nag-atubang usab sa susamang mga kaso, ang hustisya ubos sa administrasyon ni President Benigno Simeon “Noynoy” Aquino III.
Si Faeldon nagtuo nga ang bag-ong administrasyon dili manghilabot sa atong justice system.
Matud pa sa tigpamaba sa Armed Forces nga si Brig. Gen. Jose Mabanta nga anaa na sa administrasyong Aquino kon hatagan ba og amnesty si Faeldon ug ang ubang mga sundalo nga ni surrender usab ngadto sa militar.
Si Faeldon ni surrender ngadto sa Marine Corps niadtong Hulyo 6, 2010 ug ni atubang sa mga tigbalita atol sa press conference sa Antipolo City human sa duha ka adlaw.
Nag atubang si Faeldon og mga kaso sa civilian ug military courts tungod sa giingong partisipasyon niini sa duha ka higayon nga pagsulay sa pagpukan sa administrasyon ni kanhi President Gloria Macapagal-Arroyo. (PIA-Bohol)
by magnolia_eic | Jul 9, 2010 | Business, Headlines, National News
THE Aquino administration will embark on an aggressive liability management effort by exploring various options available to government, Finance Secretary Cesar Purisima said on Wednesday.
Purisima said the new government would review the current borrowing program set by the previous administration.
“What we want is to lengthen maturities,” said Purisima, adding that in three to four years, there would be some bunching up of maturities.
As such, he said the government would embark on a liability management effort by reviewing existing borrowing strategies and future plans.
Options include doing debt swaps and bond exchanges.
“We will consider all instruments available to us based on the right price and the right cost. It will also depend on the timing,” he said.
Purisima did not provide details on when the review would be concluded. (PIA-Bohol)
