DISPATCH for JULY 14 , 2014 (Monday) , PIA Calabarzon PRs , 4 Weather Watch , 3 Reg’l. Watch , 2 OFW Watch , 1 PNOY Speech , 17 Online News , 63 PCOO Photonews ,

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Dispatch for JULY 14   , 2014 (Monday) , PIA Calabarzon PRs , 4 Weather Watch ,

3 Reg’l. Watch , 2  OFW Watch , 1 PNOY Speech , 17 Online News , 63 Photonews ( July   11)

Weather Watch

about an hour ago

DOST-PAGASA
SEVERE WEATHER BULLETIN NO. 3
TROPICAL CYCLONE WARNING: TROPICAL STORM #GlendaPH(RAMMASUN)
ISSUED AT 5:00 AM, 14 JULY 2014

TROPICAL STORM “GLENDA” HAS INTENSIFIED AS IT CONTINUES TO MOVE IN A WESTWARD DIRECTION TOWARDS BICOL-QUEZON AREA.

Location of eye/center: At 4:00 AM today, Tropical Storm “GLENDA” was estimated based on all available data at 750 km East of Virac, Catanduanes (13.4°N, 132.0°E).

Strength: Maximum sustained winds of 80 kph near the center and gustiness of up to 95 kph.

Movement: Forecast to move West at 30 kph.

Forecast Positions: Tropical Storm“GLENDA” is expected to be at 280 km East of Virac Catanduanes by tomorrow morning and at 60 km East of Infanta, Quezon by Wednesday morning. By Thursday morning, it is expected to be at 250 km Northwest of Iba, Zambales.

Public Storm Warning Signal #1 (Winds of 30-60 kph is expected in at least 36 hours) Camarines Norte, Camarines Sur, Catanduanes, Albay, Sorsogon and Northern Samar

• Estimated rainfall amount is from 7.5-15 mm per hour (moderate-heavy) within the 400 km diameter of the Tropical Storm.
• Fishing boats and other small seacrafts are advised not to venture out into the Eastern seaboards of Luzon and of Visayas.
• The public and the Disaster Risk Reduction and Management Council (DRRMC) concerned are advised to take appropriate actions and watch for the next bulletin to be issued at 11 AM today.

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Weather Watch shared Ndrrmc Opcen's photo.

14 hours ago

Please share:

Provinces that may be affected by TS (RAMMASUN), as of 13 July 2014:
-Isabela
-Mt. Province
-Ilocos Sur
-La Union
-Nueva Vizcaya
-Aurora
-Quezon Province
-Nueva Ecija
-Pangasinan
-Tarlac
-Pampanga
-Zambales
-Bataan
-NCR
-Cavite
-Laguna
-Catanduanes
-Camarines Norte
-Ifugao
-Benguet
-Abra

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Weather Watch

15 hours ago · Edited

PAGASA, 5PM update on TS 'Glenda':
-Tropical Storm Rammasun will enter PAR tonight (Sunday) and will be named 'Glenda'.
-Glenda now at 1150kms east of Bicol region, with maximum sustained winds of 65kph and gustiness of up to 80kph.
-The effects of TS Glenda will be enhanced by Southwest Monsoon.
-Floods, landslides expected in Region 3, some areas of Region 1 and Region 2.
-TS Glenda may intensify to a typhoon. A typhoon can reach 120kph.
-On Tuesday morning, rains are expected over Bicol and northern parts of Samar.
-It is expected to make landfall in Quezon-Aurora area on Wednesday, July 16 and exit at Pangasinan-Zambales area.
-Metro Manila may experience rains brought by TS by Tuesday or Wednesday.

Weather Watch

                     July 14 , 2014 ( Monday ) as of 6:00-7:00 AM

CAVITE       : Cloudy

LAGUNA      : Sunny

BATANGAS : Fair Weather

RIZAL          : Sunny

QUEZON     : Cloudy

PIA OFW Watch

17 hrs

DZMM: Itinaas na ng DFA ang alert level 3 o voluntary repatriation sa mga Pinoy sa Gaza Strip bunsod na rin ng tensyon sa pagitan ng Israel at Hamas doon. Pahayag ng DFA, handang umayuda sa mga Pinoy na nais nang lumikas ng Gaza ang mga embahada ng bansa sa Cairo, Tel Aviv, at Amman. Nananatili namang nakataas ang alert level 1 o precautionary phase sa West Bank at Southern at Central Israel. Inaabisuhan ang mga Pinoy roon na maging mapagmatyag.

PIA OFW Watch

July 11 at 5:24pm

PIA-NCR: The DFA is closely monitoring the political and security situation in South Sudan. The DFA maintains the current Alert Level 3 and strongly advises all Filipinos a against travel to South Sudan. Crisis Alert Level 3 (Voluntary Repatriation) is being maintained in South Sudan due to the volatile pilitical and security situation there. Under this alert level, the DOLE automatically imposes absolute deployment ban.

QUEZON

1. PDRRMC-Quezon, MDDRRMCs to hold tsunami evacuation drill

BY: RUEL M. ORINDAY

Friday 11th of July 2014

LUCENA CITY,  Quezon, July 11 (PIA) --The provincial disaster risk reduction and management council (PDRRMC)-Quezon in partnership with the 11 municipalities is scheduled to conduct simultaneous tsunami evacuation drill on July 18.

 

Dr. Henry Buzar of PDRRMC-Quezon said the tsunami evacuation drill is one of the activities of the council in line with the observance of the National Disaster Conciousness month with the theme “Kahandaan  at Kaligtasan ng Pamayanan, Pundasyon ng Kaunlaran” aims to promote cooperation and networking to increase capacity in responding to disasters and reducing loss of lives and properties.

 

The drill will also provide experience and practice to those who may be involved in a response and minimize disaster risks and enhance coping capacities.

 

The elements to be tested in the drill in selected barangays include early warning system, risk communication, evacuation of affected areas, rapid damage assesment and needs analysis, search and rescue, camp management and coordination, incident command system and field hospital.

 

The scheduled simultaneous tsunami drill covers the towns of Real, Infanta, General Nakar, Mauban, Atimonan, Perez, Panukulan, Burdeous, Polilio, Patnanungan and Jomalig, Quezon which are considered at risk of tsunami .

 

Among the government agencies that will participate and involve in the tsunami drill are the Office of the Civil Defense (OCD), Department of the Interior and Local Government (DILG), Department of Social Welfare and Development (DSWD), Department of Science and Technology (DOST), National Economic Development Authority (NEDA), PHILVOCS, PNP, NNC, DOH, Philiippine Coast Guard, AFP- SOLCOM, Philippine Information Agency (PIA), Philippine Port Authority (PPA), NTC, DepEd, DPWH and DENR. (Ruel Orinday-PIA, Quezon)

- See more at: http://news.pia.gov.ph/index.php?article=701405064129#sthash.y9UIlstR.dpuf

13 JULY 2014.
	Malacanang acknowledges U.S. Senate Resolution that promotes peaceful settlement of maritime disputes
	President Aquino to address current pressing concerns Monday night

Malacanang acknowledges U.S. Senate Resolution that promotes peaceful settlement of maritime disputes Malacanang acknowledged on Sunday the U.S. Senate Resolution No. 412, that promotes peaceful settlement of international territorial and maritime disputes in the Asia-Pacific Region. In a press briefing over dzRB Radyo ng Bayan Presidential Communication Operations Office Secretary Hermino Coloma, Jr., told reporters that the Palace welcomes this US Senate Resolution. US Senate Resolution No. 412 is entitled “Reaffirming the strong support of the United States Government for the freedom of navigation and other internationally lawful uses of sea and airspace in the Asia-Pacific region, and for the peaceful diplomatic resolution of outstanding territorial and maritime claims and disputes.” Coloma said the Palace noted the US Senate Resolution acknowledges the Philippines’ effort to resolve the maritime dispute in the West Philippine Sea in a peaceful manner. US Senate Resolution No. 412, states “the Republic of the Philippines properly exercised its rights to peaceful settlement mechanisms with the filing of arbitration case under Article 287 and Article VII of the Convention of the Law of the Sea in order to achieve a peaceful and durable solution to the dispute.” Manila and Beijing has a long-standing maritime dispute over islands, shoals, and reefs in the West Philippine Sea. On March 30, the Philippines filed a memorial at the International Tribunal on the Law of the Sea (ITLOS) against China. “This Resolution affirms the long-standing strategic partnership between the Philippines and the United States that is highlighted by the recent signing of the Enhanced Defense Cooperation Agreement,” said Coloma. PND (ag) TOP President Aquino to address current pressing concerns Monday night President Benigno S. Aquino III will issue a statement on current pressing concerns over nationwide television Monday night. “Humihingi po ang Pangulo ng pagkakataon na makausap ang kanyang mga boss, ang mga mamamayang Pilipino, para magbigay linaw sa mga isyu na humaharap sa ating bansa, kabilang na po ‘yung Disbursement Acceleration Program (DAP) na kailan lang ay pinagpasyahan ng Korte Suprema,” said Presidential Communication Operations Office Secretary Herminio Coloma, Jr. in a press briefing aired over radio station Radyo ng Bayan. Coloma added that Malacanang requested the Kapisanan ng mga Brodkaster ng Pilipinas for the President to have a televised statement on Monday (July 14) at 6 p.m. The President will address the nation from Malacanang. “Layunin po ng Pangulo na makipagtalakayan sa ating mga mamamayan,” Coloma said. PND (ag) TOP

12 JULY 2014.
	Budget Department proposes P2.6 trillion budget for 2015
	Palace wants public to conserve energy as Luzon plant carries out maintenance shutdown
	Malacanang expects DPWH projects to ease flooding in the Metro this rainy season
	Malacanang welcomes award for global tourism campaign 'it's more fun in the Philippines'

Budget Department proposes P2.6 trillion budget for 2015 The budget department proposed a P2.606 trillion budget for 2015 during Friday's Cabinet meeting, 15 percent higher than the 2014 national budget, Presidential Communications Operations Office Secretary Herminio Coloma said in a statement. President Benigno S. Aquino III directed the Cabinet to fine-tune the budget assumptions and planning parameters for next year's budget, he said. The President convened the Cabinet on Friday for a first-pass review and discussion of the 2015 national budget. "After the meeting that lasted for more than six hours, the President directed the Cabinet to further fine-tune the budget assumptions and planning parameters so that these may be fully explained and justified at the hearings to be conducted by the Congress," Coloma said. Another meeting may be convened before the National Expenditure Program Budget Proposal is approved and finalized, he added. The expenditure program will be submitted to Congress after the President’s State of the Nation Address (SONA) late this month. Among the key expenditures of the 2015 national budget includes Social Protection and Social Services, Job Generation and Economic Expansion, Climate Change Adaptation and Mitigation, and Enabling Environment for Inclusive Development. Under social protection, the administration is increasing the budget for the conditional cash transfer program from P62.6 billion to P78 billion due to increase in coverage from 4.3 million households to 5 million households based on the National Household Targeting System. The government is also boosting the allocation for the National Health Insurance Program from P35.3 billion to P37.2 billion. The insurance coverage increases from 14.7 million to 15.4 million, Coloma said. The 2015 budget also gives additional allocation for basic educational facilities such as classrooms, water and sanitation, from P44.6 billion to P52.7 billion. To create more jobs, the Aquino government is allotting more money for the Department of Public Works and Highways (DPWH) to build roads and bridges, an increase from P130.4 billion to P186.6 billion. The budget for tourism infrastructure development was also increased from P14.7 billion to P20 billion, as international tourists increase from 6.8 million to 8.2 million and domestic tourists from 47.7 million to 51.7 million. The government is also focused on addressing the impact of climate change, as it allotted more budget for DPWH's flood control and drainage projects, from P34.8 billion to P38.6 billion, according to Coloma. PND (as) TOP Palace wants public to conserve energy as Luzon plant carries out maintenance shutdown The Palace asked for public cooperation Saturday in conserving energy after the Department of Energy announced the possibility of having one-hour rotating brownout due to maintenance shutdown of a power plant in Batangas. Energy Secretary Jericho Petilla said the brownout is due to maintenance shutdown of the Ilijan natural gas power plant in Batangas. Luzon energy users are expected to be affected by the shutdown. "We do ask for the understanding of our citizens and their cooperation. Lalo ‘pag weekend naman po sinasabi ni Secretary Petilla na bumababa ang demand dahil mas maraming walang trabaho," Deputy Presidential spokesperson Abigail Valte said in a radio interview over dzRB Radyo ng Bayan on Saturday. Valte asked for the people's cooperation and for them to take small steps to conserve energy over the weekend to help manage the demand for electricity. While maintenance shutdowns are important, Valte said Secretary Petilla and the DOE team are on hand to make sure that they closely monitor the supply of energy in the country. Aside from maintenance activities, the conduct of emergency maintenance on the country's power plants also causes power interruptions. PND (as) TOP Malacanang expects DPWH projects to ease flooding in the Metro this rainy season The Palace asked for the public's patience as the Department of Public Works and Highways (DPWH) carries out rehabilitation works to prevent flooding in Metro Manila. In an interview over dzRB Radyo ng Bayan on Saturday, Deputy Presidential spokesperson Abigail Valte said the DPWH wants to speed up completion of ongoing projects. It can be observed that the DPWH has a lot of road and bridge projects in the metropolis, which according to Valte, are intended to make Metro Manila traffic and flood-free. "Tumutulong naman po ang MMDA, ngunit minsan talagang... lalo na kapag Biyernes, umulan, talagang nagkakaroon ng traffic dito sa Metro Manila," she added. "We ask you to bear with us and the public works -- with the repairs, the rehabilitation around Metro Manila. Eventually ‘kapag na-complete po ito ay mas makakaranas naman po tayo na maibsan ang mga pagbaha, at mas mabilis ang pagbaba ng tubig." With regards to the increasing budget for the Climate Change Adaptation program of the government, Valte said she expects climate change advocates to welcome the government move. In the 2015 budget, the budget department proposed a P38.6 billion budget for the DPWH's flood-control and drainage projects, higher than the P34.4 billion this year. Anticipating the impact of disasters are equally important with dealing with the aftermath of any disaster, according to Valte, adding this is the reason why the government has increased the budget for climate change adaptation. PND (as) TOP Malacanang welcomes award for global tourism campaign 'it's more fun in the Philippines' The Palace congratulated the tourism department for receiving recognition for its global tourism campaign, “It’s More Fun in the Philippines." The Department of Tourism's promo landed third among the world’s best marketing campaigns, and the first in the Asia Pacific region, according to Warc 100, a global annual ranking of marketing campaigns based on performance, effectiveness and strategy. The Warc 100 serves as a benchmark for commercial creativity. It ranks world’s best campaigns based on their performance in effectiveness and strategy competitions. "Congratulations to Secretary Mon Jimenez, to our fellows in the Department of Tourism as well as BBDO Guerrero for a very successful marketing campaign with 'It’s More Fun in the Philippines,'" Deputy Presidential spokesperson Abigail Valte said in an interview over dzRB Radyo ng Bayan on Saturday. "And more than the recognition that they have received, you will see that in the increase of tourist arrivals in our country, totoo naman ang patuloy na pagtaas ng ating mga turistang bumibisita at bumabiyahe sa ating bansa." The award is an icing on the cake for the DOT and for Secretary Jimenez, Valte said. The palace official also mentioned the increasing budget for the DOT and for other tourism-related projects. The current thrust is tourism convergence as the DOT, DPWH and other government agencies work together to strengthen the country's tourism sector, Valte said For instance, the government is connecting the airports to tourist spots in the provinces. "Ito naman ang task ng DPWH, to help DOT na siguraduhing may access ang ating mga kababayan at ang mga turista doon sa mga tourist spots natin," she said. In the 2015 budget presented by the budget department to the Cabinet, it allotted more money for the DPWH to build roads and bridges, an increased from P130.4 billion to P186.6 billion. The budget for tourism infrastructure development was also increased from P14.7 billion to P20 billion. PND (as) TOP

11 JULY 2014.
	President Aquino rejects Budget Secretary Abad’s resignation

President Aquino rejects Budget Secretary Abad’s resignation President Benigno S. Aquino III on Friday disclosed that Budget Secretary Florencio Abad has tendered his resignation amid criticisms over the Disbursement Acceleration Program (DAP). The Chief Executive however said he rejected the secretary’s resignation. “Yesterday (Thursday), Secretary Abad gave me a letter tendering his resignation from the Cabinet and I have considered the same, and I have decided not to accept his resignation, and let me explain why,” President Aquino said before the start of the Cabinet budget presentation at the Aguinaldo State Dining Room of Malacañang Palace. “The notion in the current atmosphere is DAP was bad for our people. Even our most vociferous critics grant that DAP has benefited our people. To accept his resignation is to assign to him a wrong, and I cannot accept the notion that doing right by our people is a wrong. Therefore, I have decided not to accept his resignation and I think the whole Cabinet should be made aware of this,” he said. Secretary Abad was present during the meeting. Before the start of the budget presentation, Presidential Adviser on the Peace Process Secretary Teresita Deles prayed for the entire Cabinet “at a time that is more challenging than most.” Deles likewise defended fellow Cabinet members who were caught in the middle of the DAP controversy. “Legal cases have been filed against our fellow Cabinet members ascribing bad faith, and more, where there is none,” she continued. Aside from the DAP, she also mentioned the crafting of the Bangsomoro Basic Law, the recovery of ‘Yolanda’-affected areas, and the Comprehensive Agrarian Reform Program Extension with Reforms as the administration’s current challenges. She noted that such challenges “have so sorely tested our souls.” She then prayed for guidance and strength for the entire Cabinet and for the Chief Executive. “Make us politique enough to be cunning as serpents and gentle as doves. Sharpen our skills and keep fresh our vision,” she said. She also asked for God’s grace and humility as the administration continues its mandate for “tuwid na daan”. The Supreme Court earlier declared the DAP, which the government used to stimulate the economy, as unconstitutional. While there have been disagreements on the use of the funds under the DAP, Malacañang maintained that the program benefited the country economically, which the Supreme Court likewise acknowledged in its decision. The Palace also denied any misuse of DAP funds, saying that everything was done in good faith. PND (jb) TOP

11 HULYO 2014 Tinanggihan ng Pangulong Aquino ang pagbibitiw ni Kalihim Abad ng Badyet

Tinanggihan ng Pangulong Aquino ang pagbibitiw ni Kalihim Abad ng Badyet Hindi tinanggap ng Pangulong Benigno Aquino III ang pagbibitiw sa tungkulin ni Kalihim Florencio Abad ng Badyet sa gitna ng mga pagpuna sa Disbursement Acceleration Program (DAP), ayon sa pahayag ng Pangulo Biyernes. “Kahapon (Huwebes), iniabot sa akin ni Kalihim Abad ang isang sulat ng pagbibitiw niya sa Gabinete at ipinasiya kong huwag tanggapin ang pagbibitiw niya. Ipahintulot ninyong ipaliwanag ko kung bakit,” sabi ng Pangulo bago sinimulan ng Gabinete ang presentasyon ng badyet sa Aguinaldo State Dining Room ng Palasyo ng Malacanang Biyernes. “Ang namamayaning palagay sa kasalukuyan, nakapipinsala sa ating mga mamamayan ang DAP. Bagaman karamihan maging sa masusugid na kritiko natin ay katig na nakabuti sa ating mga mamamayan ang DAP. Kapag tinanggap ang pagbibitiw na ito ay lilitaw na mali siya at hindi ko matatanggap na ang paggawa ng tama para sa ating mga kababayan ay mali. Samakatuwid, ipinasiya kong huwag tanggapin ang pagbibitiw niya at palagay ko, ito ay dapat mabatid ng buong Gabinete,” sabi ng Pangulong Aquino. Si Kalihim Abad ay nasa pulong na ito ng Gabinete Biyernes. Ang presentasyon ng badyet ay sinimulan sa panalangin sa pangunguna ni Presidential Adviser on the Peace Process Kalihim Teresita Deles na ipinagdasal ang buong Gabinete sa “panahong ito na higit na matinding pagsubok ang kinakaharap.” Ipinagtanggol ni Deles ang mga kasamahan sa Gabinete na naiipit sa gitna ng kontrobersiya tungkol sa DAP. “Ipinagharap ng kaso ang ilan nating kagawad ng Gabinete na pinagbintangang gumawa ng hindi mainam gayong wala namang ganitong pangyayari,” sabi pa ni Deles. Bukod sa DAP binanggit din niya ang pagbalangkas ng Bangsamoro Basic Law, ang pagbabagong tatag ng mga pook na malubhang sinalanta ng bagyong Yolanda, gayundin ang Comprehensive Agrarian Reform Program Extension with Reforms bilang mga kasalukuyang hamon sa administrasyon. Sinabi ni Deles na ang mga hamong ito ay ”naging daan ng matinding pagsubok sa ating mga kaluluwa.” Ipinalangin niyang gabayan at bigyang lakas ng Maykapal ang buong Gabinete, gayundin ang Punong Tagapagpaganap. “Itulot ninyong magkaroon kami ng bangis ng ahas at maging kasing amo ng kalapati. Hasaing lalo ang aming mga kakayahan at pamalagiing malinaw ang aming mga pananaw,” wika pa ni Deles sa panalangin. Hniling din niya sa Maykapal na pagkalooban ang mga biyaya at kababaang-loob habang ipinagpapatuloy ng administrasyon ang pagsasakatuparan ng sagutin ukol sa tuwid na daan. Kamakailan, idineklara ng Kataastaasang Hukuman na labag sa Saligambatas ang DAP na ginamit ng pamahalaan upang pasiglahin ang ekonomya. Bagaman may mga tumutol sa paggamit ng mga pondo sa ilalim ng DAP, naninindigan ang Malacanang na nakinabang ang ekonomya ng bansa sa naturang programa na kinilala rin ng Kataastaasang Hukuman sa inilagdang pasiya. Pinabulaanan din ng Palasyo na naggugol nang hindi tama ang mga pondo ng DAP at mariing idinagdag na ang lahat ay ginawa nang mabuti ang hangarin. PND(jb/zaf) TOP

President Benigno S. Aquino III's Speech at the Voyage: The Marco Polo Ortigas Manila Grand Launch Affair

Grand Ballroom, Marco Polo Ortigas Manila, Ortigas Center, Pasig City

09 July 2014

It is good to finally make it here today. I understand that, due to my schedule, you have pushed this event back a number of times, and I apologize for your having to do that. And thus, I must thank you for your patience, and for your insistence on having me here. Of course, I really wanted to be present for this event so I could congratulate your company, as well as a Filipino entrepreneur who is truly worthy of our admiration—Mr. Samuel Po. Now, I do not really know you that well, Mr. Po, as you know; in fact, this is probably my first real interaction with him. But I do admire him for the trust he has put in our country and in our people.For those who might not be aware, Mr. Po is the man behind one of the most successful diaper brands in our country—and I am, on the one hand apologetic for not being your client [laughter], and on the other hand glad that I am not your client [laughter]—namely, EQ diapers. And through the years, he has made his fortune not simply through luck, but through foresight. He realized that there was a potentially large market for this product in our country, and that the Philippines would grow fast enough that our people would be able to transition from using non-disposable diapers to disposable ones. In the same token,perhaps it bodes well for us that in Mr. Po’s judgment, there will also be a large enough market for tourists here to justify the amount they have invested in this hotel, which, I understand, costs P2.37 billion to construct. I certainly have great expectations for Marco Polo Ortigas. I am told that Mr. Po shares my perfectionist leanings, and that he spared no expense when it came to this hotel’s most minute details, aspiring to put up the best five-star hotel in the country. The recent performance of our tourism industry, however, is showing that this is money well spent—and that perhaps we can chalk another one up for the strategic foresight of Mr. Po. From the time this hotel began construction in October 2010 to its grand inauguration today, the economic landscape of our country has indeed changed dramatically. Even before our administration took office, we had already identified the massive promise of tourism. After all, our country has some of the most breathtaking natural gifts in the world—from the majestic landscape of Batanes up north, to the pristine beaches in the Sulu archipelago down south, whose tourism potential we can hopefully harness in the foreseeable future as peace dawns in the region. Our people are renowned for their innate hospitality, and because the jobs that arise from tourism do not require people to have very extensive training or, even in certain instances, college degrees—all that is needed is a sincere willingness to work, a friendly demeanor, and passion for your country. This is why, from the very beginning, we went all out for tourism. Since 2010, it has become far easier for tourists to move in and around the Philippines. We worked overtime to liberalize aviation, which has created a more consumer-friendly market, and given tourists a wider menu of flight options when visiting the Philippines. We made sure that the Civil Aviation Authority of the Philippines kept working with our local airlines to get our country out of the watch lists of the United States and the European Union—which they have succeeded in doing. On top of this, we also launched a highly successful global campaign, based on a simple truth about our country: that it is, indeed, more fun in the Philippines. The results have been clear: Over the past four years, the number of tourists—both domestically and internationally—has increased dramatically. For instance, in 2011, we recorded 37.5 million domestic travelers, which surpassed our original target for, not 2011, but 2016. Perhaps I can emphasize: we surpassed our original target for 2016 five years ahead of time. Now, we have chosen to aim higher, setting our new 2016 target at 56.1-million domestic travelers. The number of international tourists has steadily increased as well, going from an average of around three million a year to 4.68 million last 2013—and we remain committed to pursuing our 2016 goal of ten-million international tourists. Naturally, the progress we have made in tourism, together with our integral reforms in every other sector, has also made a massive impact on our economy. Last year, despite the natural and man-made disasters that struck our nation, we were still one of the fastest growing economies in Asia, registering, I assume you know, a GDP growth of 7.2 percent. We have also steadily won the confidence of the international community. Last year, the most renowned credit rating agencies in the world made it unanimous: the Philippines is investment grade. On top of this, in the short span of time we have been in office, the Philippines has erased its reputation as the “Sick Man of Asia,” and has fostered a new image, being referred to by various publications and organizations as “Asia’s Bright Spot” and “Asia’s New Tiger.” And this hotel only serves as proof positive of the newfound confidence that companies have in our country’s prospects. All these developments confirm the accuracy of Mr. Samuel Po’s prediction. The demand for your hotel rooms will maintain an upward trajectory in the coming years—sustained by tourists who are looking to discover our country, or business people who are looking at the Philippines as a potential investment destination, or even, perhaps, by an ever-expanding middle class who are gaining the wherewithal to enjoy the fruits of their hard work.Indeed, perhaps sooner rather than later, I will be receiving an invite to yet another Marco Polo grand launch affair. The increasingly bright prospects that this hotel represents reminds me of a truism—that it takes courage to bet on an emerging market like the Philippines. But if we continue on the path to progress that we have been treading these past four years, I am very confident that even more investors will change their mind about our country; more and more people will be envious of Mr. Po, because he is an earnest believer in the potential of the Filipino people.Indeed, Mr. Po, along with all those who have reaped the benefits of investing in our people, they are all proving to the world: It is always a sure thing to bet on the Filipino. For your continued faith, I truly am grateful. Just as Marco Polo, the traveler from whom you derived your name, became renowned for his account of his journey to the East, I am hopeful that this Marco Polo hotel truly becomes another gateway for tourists to discover our country, so that they may tell their friends, their family, and their colleagues back home just how fun it is here in the Philippines. Indeed, I extend my utmost gratitude to all of you for your continued belief in the dynamism of our country and in the kindness, the loyalty, and the skill of the Filipino worker. Truly, with the confidence of partners such as you—and with the continued cooperation and support of the Filipino people—we can give rise to a Philippines that is better, more inclusive, and, without doubt, even more fun. Thank you. Good evening.

[HOME] 12 JULY 2014 Budding chefs complete Japanese culinary training GPH, MILF reach positive consensus on draft Basic Law DFA organizes consular outreach for persons with disabilities DOE prioritizes maintenance to avoid future disruption in supply PNP-ACG Busted Telecom Fraud Syndicate In Iloilo 2012 Census of Philippine Business and Industry - Manufacturing Sector for Establishments with Total Employment of 20 and Over: Preliminary Results DFA advises Filipinos against travel to South Sudan PHL Embassy holds Investment Forum in Beijing Inflation continues to rise in Q2 2014 Bank lending standards remain broadly steady in Q2 2014 Court sends agency owner to jail for illegal recruitment Offshore dredging not within DPWH mandate Trader faces raps for garlic smuggling Total ban imposed on all OFWs bound for Afghanistan Oplan Likas saves 649 Families PHL holiday décor sector conducts first solo local exhibit Joint Press Statement by the GPH and MILF Negotiating Panels Budding chefs complete Japanese culinary training Source: http://www.tesda.gov.ph Tempura, sukiyaki, soba and katsudon are no longer as alien as they were to the 28 Filipinos who recently finished Japanese culinary training. "Now, they can whip up the dish and serve them to their families, or use the new learning to earn a livelihood or work in Japanese restaurants," Secretary Joel Villanueva, Director General of the Technical Education and Skills Development Authority (TESDA), said. TESDA, in partnership with the ABC Cooking Studio of Japan, sponsored the free training on the traditional Japanese cuisine or ?"W?ashoku?." The training will have 11 batches and will last until August this year. Last July 7, the 28 individuals who completed the training were recognized at a graduation ceremony. They comprise the first three batches of the trainees. Of the 28, seven were local household workers; six were returning overseas Filipino workers; nine were eatery owners; and six were graduates of ?TESDA. ? "We have budding chefs in our midst, and we hope the training will help them find a successful career in cooking," Villanueva said. The training focused on Japanese cuisine, ?"W?ashoku", which has been famous for its healthy eating style and its rising prominence around the world. The students were introduced to “W?ashoku?” through an assortment of delicious dishes created by utilizing flavorful food and incorporating skillful techniques. Among the dishes introduced to the trainees were tempura and soba, katsudon, onigiri, tamagoyaki, nikujyaga, gyoza, ramen, takoyaki, gyudon, sukiyaki and bread and pastries. Known for its simplicity of presentation and healthy image, ?"?Washoku?"? was named last year as an Intangible Cultural Heritage of Humanity by the United Nations Educational, Scientific and Cultural Organization (UNESCO). The cuisine is traditionally a meal of soup and three dishes -- mainly vegetables and fish -- with a bowl of rice. Founded in 1985, ABC Cooking Studio is the most popular in Japan with 127 studios in Japan and six studios in China. It offers lessons in Japanese and in English. Attending the graduation ceremony were former Senator Leticia Ramos-Shahani, TESDA's Adviser, Gender and Development Focal Point System; Chef Pablo "Boy" Logro of GMA Network's Kusina Master Chef and one of TESDA's career ambassadors; Mr. Yokoi, founder of ABC Cooking Studio Intl. Limited; Hiroyuki Enoki, First Secretary and Labor Attache of the Embassy of Japan to the Philippines; Ms. Wakako Sakurai, President and CEO of ABC Cooking Studio Intl. Limited; Director Marta Hernandez of TESDA's Public Information Office; and Maria Clara Ignacio, Center Chief of the TESDA Women's Center. Graduates pose with TESDA and Temasek Foundation officials after completing the training on the traditional Japanese cuisine, "Washoku". |TOP| GPH, MILF reach positive consensus on draft Basic Law Source: http://www.opapp.gov.ph KUALA LUMPUR, MALAYSIA – Negotiators of the Philippine government and the Moro Islamic Liberation Front (MILF) on Friday announced the positive developments in the drafting of the Bangsamoro Basic Law (BBL) as both sides reached significant consensus on the contents of the proposed bill that will serve as the legal foundation of the future Bangsamoro region in Mindanao. In a five-paragraph joint press statement, the parties expressed their satisfaction over the process of jointly fine-tuning the BBL, saying that they ended their special meeting “on a positive note” in Kuala Lumpur on Friday morning. “They achieved modest progress and identified consensus language in the light of signed agreements. They resolved to continue working together to come up with a mutually acceptable draft Bangsamoro Basic Law,” the press statement said. The statement was released following the four-day meeting of the peace panel members to harmonize the legal interpretations of the contents of the draft Basic Law. The meeting started on July 8. The 15-member Bangsamoro Transition Commission (BTC), which was created to draft the BBL, submitted their draft to the Office of the President on April 22 for review. Due diligence is necessary since President Aquino will certify the BBL as an urgent bill to fast-track its passage in Congress. The meticulous process of drafting of the BBL will ensure that the bill, which is the legal document of the CAB, conforms to the flexibilities and the principles of the Constitution, and embodies the true spirit and genuine intentions of the Comprehensive Agreement on the Bangsamoro (CAB) – a product of 17 years of negotiations between the government and the MILF. According to the joint statement, the recent meeting in Kuala Lumpur “was held after the BTC… issued a resolution elevating to the Panels for clarification and resolution the outstanding issues on the draft Basic Law.” Professor Miriam Coronel-Ferrer, the state’s chief negotiator, headed the Philippine government delegation, while Mohagher Iqbal, MILF’s chief negotiator and BTC chair, led the MILF peace panel in the meeting. Members of the BTC and experts from the International Contact Group were also present to “observe the discussions,” the press statement said. Negotiators described the recent meeting in Kuala Lumpur as an effective way for them to analyze and modify the details of the draft BBL. “The meeting provided the panels the opportunity to clarify misperceptions and affirm the intent and sincerity of the parties to abide by the signed agreements,” they said, adding that they are pleased with the guidance of His Excellency Tengku Dato’ Ab Ghafar Tengku Mohamed, the Malaysian facilitator for hosting and assisting the negotiators in the meeting. The Parties said they will continue their discussions over the remaining details of the BBL in Manila “within the next few days.” “They [peace panel members] recognize the importance of these discussions in order to ensure that the draft law would be submitted to Congress at the soonest possible time,” the joint press statement said. Congress will resume its regular session on July 28 at the annual State of the Nation Address of President Aquino. As this developed, the peace negotiators call on the people to strengthen their faith in the southern peace process as they expressed their gratitude to “the public for their continued support towards the common objective of bringing a just resolution to the conflict in Mindanao” amid concerns in the BBL. Coronel-Ferrer noted that the Philippine government and the MILF are well aware of the timeline of the implementation process, saying that both sides are steadfast in their commitments to achieve the ultimate goal of genuine autonomy as embodied in the CAB. The peace negotiators previously explained that the review process of the draft BBL is vital in ensuring the smooth passage of the bill inCongress so it can withstand legal challenges. |TOP| DFA organizes consular outreach for persons with disabilities Source: http://www.dfa.gov.ph 11 July 2014 – In line with its Chairmanship of the National Working Committee (NWC) for the 2014 National Disability Prevention and Rehabilitation (NDPR) Week Celebration from July 17 to 23, the Department of Foreign Affairs (DFA) will be holding a special consular outreach for persons with disabilities (PWDs) on the following dates and venues: •20 July 2014 (Sunday), 10 a.m. to 3:00 p.m., at the DFA Satellite Office, SM Megamall, Mandaluyong City •23 July 2014 (Wednesday), 8:00 a.m. to 5:00 p.m., at all DFA Regional Consular Offices and all Satellite Offices in Metro Manila All members of the PWD sector will be given special priority for the processing of their passport applications. This consular outreach is a reaffirmation of the DFA’s full support for the PWD sector and the promotion of programs and other initiatives for their benefit. Proclamation No. 361 declares the third week of July as the NDPR Week which shall culminate on the birthdate of the sublime paralytic Apolinario Mabini on the 23rd of July each year. The National Council on Disability Affairs (NCDA), as the Secretariat and Central Authority on the welfare of PWDs, coordinates with 43 member agencies of the NWC to organize this annual celebration. The theme for this year’s celebration is “Talino at Paninindigan ng Taong may Kapansanan, Pasaporte sa Kaunlaran.” The opening ceremony for the NDPR Week Celebration will be held on July 17 at the DFA, with Vice President Jejomar Binay as special guest. The opening ceremony will feature a ribbon-cutting of the art and photo exhibit “Art in Silence,” wreath-laying ceremony at the statue of Apolinario Mabini, Holy Mass, launching of the Mabini Awards, and a theatrical play on Mabini directed by Edward Perez. DFA’s chairmanship of this year’s NDPR Week Celebration is timely as the DFA also commemorates, together with the rest of the country, the 150th Birth Anniversary of Mabini. Mabini was appointed the first Secretary of Foreign Affairs upon the creation of the DFA on 23 June 1898 through a decree of then President Emilio Aguinaldo following the proclamation of the First Philippine Republic in Malolos, Bulacan. END |TOP| DOE prioritizes maintenance to avoid future disruption in supply Source: http://www.doe.gov.ph (Taguig City) In order to secure the efficiency of all existing power assets in the country, the Department of Energy (DOE) and Secretary Carlos Jericho L. Petilla acknowledge the importance of our plant maintenance. Accordingly this weekend, July 12-13, 2014, the 1,200MW Ilijan combined-cycle power plant in Batangas will be on a scheduled plant maintenance to inspect the current state of its pipelines, known as the “pigging” process. The procedure also intends to eliminate accumulated deposits, which affect the overall productivity of the facility. The pigging process, which is named after the “pigs”, or the devices and instruments used for the method will clean the nearly 15-kilometer pipeline, which originates from the Malampaya platform. The Ilijan Power Plant is operated by Kepco Philippines Inc. Sec. Petilla on a press briefing said that the pigging could no longer be rescheduled, as the equipments for the process are not readily available. He also stressed that the maintenance of these power facilities will be advantageous to the growing demands of the nation especially that the Ilijan Plant is one of the three natural gas plants supplying 30-40 percent of Luzon’s energy requirements. “We have the equipments ready, so might as well do it as scheduled… we can’t risk resetting the pigging as there are other power plants that are scheduled for maintenance. Doing so might just aggravate our current energy situation.” Said Sec. Petilla during the interview with the press. He further noted that the DOE would closely monitor all the activities during the pigging and coordinate with all concerned energy agencies and companies. |TOP| PNP-ACG Busted Telecom Fraud Syndicate In Iloilo Source: http://www.pnp.gov.ph The Philippine National Police Anti-Cybercrime Group (ACG) Cyber Response Team led by PSupt Bernard R Yang under the direct supervision of PSSupt Gilbert C. Sosa busted a telecom fraud syndicate in Iloilo City on July 9, 2014 at around 1:30pm. The success of the operation was made possible through the cooperation and collaboration of the PNP Anti-Cybercrime Group to Mr. Jerry Wang, Executive Assistant of Taipei Economic and Cultural Office (TECO) (in the Philippines, Taiwan and China),personnel from the Bureau of Immigration led by Intel Officer Homer Gene T. Poquez, and personnel of Iloilo City Police Office, Police Regional Office 6, led by PSSupt Ruperto T. Floro, City Director. The operation led to the arrest of 23 Taiwanese Nationals, (21 male & 2 female) who were caught in the act of engaging with their “would-be” victims abroad using telephones, laptop computer, VOIP gateway and other devices in violation of Republic Act No. 8484. Three other unidentified foreigners fled away during the implementation of search warrant that prompted the joint elements of Anti-Cybercrime Group, Mandurriao Police and the Bureau of Immigration to chase the getaway vehicle of the suspects that was cornered at Block 10, Lot 14, Ledesco Subdivision, Cubay, Jaro, Iloilo City. The suspects immediately alighted from their vehicle and rushed inside the above-mentioned residence where they were caught by the pursuing police officers. Arrested were 19 Taiwanese National (17 male & 2 female) and 2-male Chinese Nationals who were also caught in the act of engaging with their “would-be” victims abroad. Seized from the joint operation were assorted telephone sets, assorted network appliances, passports, laptop computers, mobile phones and accessories, and documents. According to PSSUPT SOSA, the operation stemmed from the request of Mr. Jerry Chih-Yung Wang, Police Attaché to the Philippines of Taiwan Economic & Cultural Office dated May 2, 2014, asking for police assistance in the arrest of transnational criminal syndicate from Taiwan involved in telephone fraud victimizing Taiwanese and Chinese nationals based in Mainland China. The modus operandi of the group is to deceive their target victims from Taiwan and mainland China by introducing themselves through VOIP Internet call system as Police Officer, Prosecutor, Judge and other government officials from Anti-Money Laundering Office. They will tell their target victims that their bank accounts were involved in money laundering, fraud and other crimes and will direct them to transfer all their money to a so-called “Security Bank Account” provided by the suspects. Once the money was wire transferred, the suspects can no longer be contacted. To avoid them from detection and arrest, the syndicates who were designated as “Call Agents” (Police Officers, Prosecutors, Judges) usually go to the Philippines as tourists and rent houses in posh subdivisions in Metro Manila and other parts of the country where they based their illegal activities while the group leaders carried their operations in Taiwan to receive the victim’s money through wire transfer. The arrested suspects are now under the custody of ACG and will be turned-over to the Bureau of Immigration for immediate deportation as requested by Mr. Jerry Wang. Meanwhile, the seized items were brought to PNP ACG for Forensic Examination to support the prosecution of cases in Taiwan. The implementation of search warrants was by virtue of the order issued by Hon. Judge RAINELDA H. ESTACIO-MONTESA, RTC, Branch 46, City of Manila dated July 7, 2014, for Violation of Section 9 in relation to Sec 10, 11 and Sec 14, RA 8484 (Access Devices Regulation Act of 1998) by, through and with the use of Information Communication Technology pursuant RA 10175. |TOP| DFA advises Filipinos against travel to South Sudan Source: http://www.dfa.gov.ph 11 July 2014 - The Department of Foreign Affairs is closely monitoring the political and security situation in South Sudan. The DFA maintains the current Alert Level 3 and strongly advises all Filipinos against travel to South Sudan. Crisis Alert Level 3 (Voluntary Repatriation) is being maintained in South Sudan due to the volatile political and security situation there. Under this Alert Level, the Department of Labor and Employment (DOLE) automatically imposes absolute deployment ban. |TOP| PHL Embassy holds Investment Forum in Beijing Source: http://www.dfa.gov.ph 11 July 2014 - The Philippine Embassy in Beijing, in partnership with the China Overseas Investment Exchange Center (COI), held an investment forum entitled “Invest Philippines – Asia’s New Economic Tiger and China’s Partner Overseas” on June 26 at the Embassy’s social hall. Fifty-eight (58) representatives of companies from the energy, technology, agriculture, trading, financial and export insurance, construction, legal services, media and entertainment, garments, mining, and cultural arts industries participated in the forum. This is the third investment forum that the Embassy has organized since the start of this year. During her opening remarks, Philippine Ambassador to China Erlinda Basilio encouraged Chinese enterprises going overseas to take a closer look at the Philippines since its economy has been experiencing stellar growth in the recent years as a result of good governance, prudent fiscal management and business-friendly economic policies. Ambassador Basilio shared experts’projection that the Philippines would continue to reap in the coming decades economic dividends arising from favorable demographics because of the positive impact of a growing and more productive labor force. She encouraged Chinese enterprises to avail themselves of the large pool of labor talent in the Philippines, partly since the demographics in China has reached its inflection point which has resulted in higher wages. At the same time, Ambassador Basilio pointed out potential complementarities between the Philippine and Chinese economies, with the latter having world class industries and the latter having gained international recognition for the quality and professionalism of its services sector. Therefore, Philippine enterprises are ideal partners to Chinese enterprises aspiring to be regional and global players. COI Chief Executive Officer Zheng Shuai acknowledged the strong economic performance of the Philippines vis a vis the other economies in the region. He concurred with Ambassador Basilio on the need to further explore complementarities between Philippine and Chinese enterprises and encouraged the participants to have their respective companies send representatives to the Philippines to explore business prospects. |TOP| Inflation continues to rise in Q2 2014 Source: http://www.bsp.gov.ph The BSP announced today the publication of the 51st issue of the quarterly BSP Inflation Report covering the period April-June 2014. The full text is also being released in electronic format (as a PDF file) on the BSP website (http://www.bsp.gov.ph/publications/regular_inflation.asp).  The BSP Inflation Report is published as part of the BSP’s efforts to improve the transparency of monetary policy under inflation targeting and to convey to the public the thinking and analysis behind the Monetary Board’s decisions on monetary policy. The following are the highlights of the Q2 2014 BSP Inflation Report: Headline inflation rises. Year-on-year inflation accelerated to 4.4 percent in Q2 2014 from the quarter- and year-ago rates of 4.1 percent and 2.7 percent, respectively, due to higher food and petroleum prices. Food inflation increased owing largely to some tightness in domestic supply conditions. Meanwhile, non-food inflation was unchanged as higher inflation for petroleum prices and education was offset by lower inflation for electricity, gas, and other fuels as well as rental fees. Meanwhile, core inflation was steady at 3.0 percent. The number of CPI components with inflation rates above the 5.0-percent threshold decreased but accounted for a bigger proportion of the CPI basket.   Domestic demand remains firm. Real gross domestic product (GDP) growth decelerated to          5.7 percent in Q1 2014, reflecting largely the lingering effects of typhoon Yolanda (Haiyan), a smaller increase in capital formation, and a weaker expansion in manufacturing output. Nonetheless, strong private spending and exports recovery as well as solid gains in the services sector helped buoy output growth. Indicators of demand also continued to show positive readings. Vehicle and energy sales remained brisk, while the Purchasing Managers’ Index (PMI) continued to signal an expansion in domestic economic activity. The outlook of consumers and businesses for the following quarter also remained favorable, supporting the continued strength of aggregate demand in the coming months.   The outlook for global growth has become uneven. Overall growth dynamics are seen to remain favorable in the advanced economies (AEs). Growth in the US remains intact despite the contraction observed in Q1 2014, which reflected temporary factors, notably the unusually cold winter season. The euro area is recovering gradually but continues to face the threat of deflation. Economic activity in Japan has also been brisk, but the recent increase in consumption taxes could dampen domestic demand. By contrast, recent indicators point to modest economic growth prospects in major emerging markets (EMs), as the momentum continues to soften in China and as the expansion in India remains subdued. Looking ahead, the global economy is likely to stay on a moderate expansion path, with the risks to the outlook tilted to the downside. Increased volatility in financial markets ahead of the expected normalization of policy interest rates by the US Fed, along with geopolitical risks in the Middle East and Ukraine, will likely weigh down on economic activity. Meanwhile, global inflation pressures are seen to remain broadly benign. The inflation environment in AEs continues to be muted given sizeable spare capacity. However, inflation has risen in some EMs owing to domestic supply factors.   Local financial market conditions improve. Confidence in EM financial markets returned during the quarter after the US Fed indicated its intent to keep policy interest rates low even after asset purchases are fully wound down. Announcements of targeted measures to address the slowing growth in China also helped calm the market. Strong corporate earnings and the country’s credit rating upgrade by Standard & Poor’s, reflecting the country’s sound macroeconomic fundamentals, also boosted investor sentiment. Concerns over escalating unrest in Iraq as well as the increasing inflation readings during the quarter partly tempered market optimism, but financial markets nevertheless ended the quarter on a positive note as evident in the appreciation of the peso, narrowing of Philippine debt spreads, and the 11-month high rally of the Philippine stock market. Appetite for Philippine government securities was also strong, supported by ample market liquidity.   The BSP maintains its policy settings but adjusts the reserve requirement (RR) ratio and the interest rate on the Special Deposit Account (SDA) facility. During its monetary policy meetings on 8 May and 19 June 2014, the Monetary Board (MB) decided to keep policy interest rates steady based on its assessment that the future inflation path was likely to stay within the announced target ranges for 2014 and 2015. However, following an earlier increase of one percentage point (ppt) effective on 11 April 2014, the BSP raised anew the RR ratio for banks (except rural banks) and non-banks with quasi-banking functions by one ppt effective on 30 May 2014 to help guard against financial stability risks that could arise from strong domestic liquidity growth and rapid credit expansion. The BSP also decided to increase the SDA rate by 25 basis points (bps) to         2.25 percent on 19 June 2014 to help mitigate potential price and financial stability risks emanating from ample liquidity.   Prevailing inflation and output dynamics suggest that the economy can accommodate measured adjustments in interest rates. While latest forecasts continue to indicate that inflation will likely settle within the inflation target ranges over the policy horizon, the baseline inflation path has also shifted upward owing mainly to the higher inflation outturn in May as well as the inclusion of the potential impact of El Niño on food and utility prices. The risks to future inflation remain skewed to the upside, with potential price pressures emanating from a possible uptick in food prices due to drier weather conditions and pending petitions for adjustments in power rates. Meanwhile, the downside risk to the inflation outlook could stem from slower economic activity and its impact on commodity prices. At the same time, inflation expectations remain manageable although they have edged toward the upper end of the target range for 2015. Moreover, domestic liquidity growth remains elevated but has eased in line with the path projected by the BSP. The recent adjustments in the RR ratio and SDA facility are seen to further mitigate the inflation risk from strong liquidity growth. Notwithstanding the softer GDP growth in Q1 2014, domestic demand conditions remain solid. Aggregate demand is expected to continue to expand on the strength of robust consumer spending, increased public expenditure, and favorable market sentiment. Sustained growth in investments and bank lending also provide adequate support to domestic demand, suggesting that there is room for measured adjustments in monetary policy—if warranted—without unduly dampening growth. Meanwhile, prospects of second-round effects arising from supply-side pressures will require close monitoring. Going forward, the BSP will remain vigilant against a potential build-up in inflation expectations and financial imbalances. The BSP stands ready to undertake further policy actions as necessary to safeguard its price and financial stability objectives. |TOP| Bank lending standards remain broadly steady in Q2 2014 Source: http://www.bsp.gov.ph Results of the Q2 2014 Senior Bank Loan Officers’ Survey (SLOS) showed that most of the respondent banks maintained their credit standards for loans to both enterprises and households during the quarter based on the modal approach.1  This is the 21st consecutive quarter starting Q2 2009 that most banks reported broadly unchanged credit standards (see Chart 1). The diffusion index (DI) approach,2,3  likewise showed unchanged overall credit standards for loans to enterprises with an equal number of banks indicating a tightening and an easing of their standards (see Chart 2). However, the DI approach pointed to a net tightening of overall credit standards for loans to households in Q2 2014 relative to the previous quarter, with the DI recorded at 5.0 percent. In the previous quarter, credit standards for corporate lending showed a slight net easing, while credit standards for loans to households showed a slight net tightening using the DI approach. The BSP has been conducting the SLOS since Q1 2009 to enhance its understanding of banks’ lending behavior, which is an important indicator of the strength of credit activity in the country. The survey also helps the BSP assess the robustness of demand conditions, potential risks in the asset markets, and possible strains in the bank lending channel as a transmission channel of monetary policy. The survey consists of questions on loan officers’ perceptions relating to the overall credit standards of universal/commercial banks (U/KBs) in the Philippines, as well as to factors affecting the supply of and demand for loans by both enterprises and households.4  Survey questions were sent to all commercial banks,5  with 31 banks responding in the latest survey, representing a response rate of 88.6 percent.6  The analysis in the survey is based on comparisons with data for the immediately preceding quarter. Lending to Enterprises Most banks (85.7 percent of banks that responded to the question) indicated that credit standards for loans to enterprises were kept steady during the quarter using the modal approach. Overall credit standards were unchanged as banks’ tolerance for risk remained steady. Their outlook on the domestic economy as well as specific industries, such as real estate, renting and business activities, wholesale and retail trade, manufacturing, financial intermediation, and utilities likewise remained unchanged. At the same time, banks’ responses indicated unchanged loan margins across all firm sizes and unchanged use of interest rate floors.7 By borrower firm size, overall credit standards for top corporations were unchanged for the fourth consecutive quarter based on the DI approach. By contrast, credit standards for large middle-market enterprises showed a net tightening for the fourth consecutive quarter, while credit standards for loans to small and medium enterprises (SMEs) and micro enterprises have eased based on the DI approach. For the next quarter, most of the respondent banks still expect credit standards for loans to enterprises to remain unchanged. However, the percentage of banks foreseeing a slight easing of credit standards for loans to businesses was higher compared to those expecting the opposite. A more favorable outlook on the domestic economy, expected improvements in the profitability and liquidity of banks’ asset portfolios, and anticipated improvement in borrowers’ profile were among the reasons behind the expected net easing of credit standards of respondent banks. Lending to Households Using the modal approach, the survey results likewise showed that most of the respondent banks (95.0 percent) continued to report unchanged credit standards for loans extended to households. The DI approach, however, indicated a net tightening of credit standards for household loans owing to banks’ reduced tolerance for risk and perception of stricter financial system regulations. In particular, banks’ responses indicated stricter collateral requirements for all types of household loans except credit card loans and more stringent loan covenants for auto loans and personal/salary loans. By type of household loans, a net tightening of overall credit standards was reported for housing loans for the 2nd consecutive survey round. Most of the respondent banks foresee maintaining their credit standards for household lending over the next quarter. However, some banks expect overall credit standards to tighten slightly due to perception of sustained strict financial system regulation and reduced tolerance for risk. Loan Demand Responses to the survey question on loan demand indicated that the majority of the respondent banks continue to see unchanged overall demand for loans from both enterprises and households. Using the DI approach, however, a net increase in overall demand8  for loans from both enterprises and households was observed. For loans to businesses, the net increase in loan demand was attributed by respondent banks to increased working capital needs and fixed-capital investment of borrower firms as well as lower interest rates and clients’ improved economic outlook. Meanwhile, the net increase in demand for household loans reflected the low interest rate environment and more attractive financing terms offered by banks. Looking ahead, most of the respondent banks expect unchanged loan demand for loans to firms and households over the next quarter. However, a larger proportion of respondents expect demand for loans to increase further in the next quarter relative to those who indicated the opposite. For loans to enterprises, the net increase in loan demand was attributed by respondent banks to higher inventory and working capital financing as well as fixed-capital investment needs of borrower firms. For loans to households, meanwhile, banks’ more attractive financing terms, lower interest rates, and expectations of higher household consumption were cited by respondent banks as key factors behind the anticipated increase in loan demand. Special Questions on Commercial Real Estate Loans Most of the respondent banks (83.3 percent) indicated unchanged overall credit standards for commercial real estate loans using the modal approach. However, based on the DI approach, a net tightening of overall credit standards was noted for commercial real estate loans for the 8th consecutive quarter in Q2 2014. The net tightening of overall credit standards for commercial real estate loans was attributed by respondent banks to stricter oversight of banks’ real estate exposure along with banks’ reduced tolerance for risk. In particular, respondent banks reported stricter collateral requirements and loan covenants, increased use of interest rate floors, reduced credit line sizes, shorter loan maturities, lower loan-to-value ratios, and wider loan margins for commercial real estate loans. Demand for commercial real estate loans was also unchanged in Q2 2014 based on the modal approach. A number of banks, however, indicated increased demand for the said type of loan on the back of increased working capital financing needs of clients, more attractive financing terms of banks, and lower interest rates. For the next quarter, most of the respondent banks expect to maintain their credit standards for commercial real estate loans. However, banks that anticipate a tightening of their credit standards outnumbered those expecting the opposite. In terms of demand for this type of loan, although most of the respondent banks anticipate generally steady loan demand, a number of banks expect that demand for commercial real estate loans will continue to increase in the next quarter. -------------------------- 1 In the modal approach, the results of the survey are analyzed by looking at the option with the highest share of responses. 2 In the diffusion index approach, a positive diffusion index (DI) for credit standards indicates that the proportion of banks that have tightened their credit standards are greater compared to those that eased (“net tightening”), whereas a negative DI for credit standards indicates that more banks have eased their credit standards compared to those that tightened (“net easing”). 3 From Q1 2010 to Q4 2012 survey rounds, the BSP used largely the DI approach in the analysis of survey results. Beginning in Q1 2013, the BSP used both the modal and DI approaches in assessing the results of the survey. 4 This is consistent with the surveys of bank lending standards of other central banks, namely, the US Federal Reserve, the European Central Bank, the Bank of England, the Bank of Canada, and the Bank of Japan. 5 Of the 36 U/KBs, only 35 banks are included in the survey because one bank requested not to be included in the survey since it does not engage in corporate and retail lending. 6 As of March 2014, U/KB loans accounted for about 86.4 percent of the banking system’s total outstanding loans. 7 The survey questionnaire identified six specific credit standards: (1) loan margins (price-based); (2) collateral requirements; (3) loan covenants; (4) size of credit lines; (5) length of loan maturities; and (6) interest rate floors. A loan covenant is an agreement or stipulation laid down in loan contracts, particularly contracts with enterprises, under which the borrower pledges either to take certain action (an affirmative covenant), or to refrain from taking certain action (a negative covenant); this is consequently part of the terms and conditions of the loan. Meanwhile, an interest rate floor refers to a minimum interest rate for loans. Greater use of interest rate floor implies tightening while less use indicates otherwise. 8 “Diffusion index (DI) for loan demand” refers to the percentage difference between banks reporting an increase in loan demand and banks reporting a decrease. A positive DI for loan demand indicates that more banks reported an increase in loan demand compared to those stating the opposite, whereas a negative DI for loan demand implies that more banks reported a decrease in loan demand compared to those reporting an increase. |TOP| Offshore dredging not within DPWH mandate Source: http://www.dpwh.gov.ph  “We did not issue any dredging permit to any entity or contractor for the offshore dredging activities in Ilocos Sur. Issuance of offshore dredging or mining permits is not within the mandate of the Department of Public Works and Highways,” said DPWH Secretary Rogelio L. Singson. Secretary Singson has issued this clarification due to reports that DPWH allegedly has issued dredging permits to the thirteen (13) sea vessels doing offshore dredging or mining activities in the vicinity of Puro, Caoayan, Ilocos Sur. In a letter to DPWH Secretary Singson, National Bureau of Investigation (NBI) Director Virgilio L. Mendez informed that the NGOs headed by Fr. Albert Rabe and Sister Lilian Carranza of the Archdiocese of Nueva Segovia were requesting DPWH to immediately cancel the dredging permits allegedly issued by DPWH to the 13 sea vessels undertaking dredging activities in the Caoayan, Ilocos Sur. “Offshore dredging or mining is not our responsibility, “Singson reiterated. The DPWH’s mandate is dredging of inland channels and watersways such as rivers, esteros, creeks, canals, lakes, etc. which are being done by contract or by administration, said Singson. Singson added that it is also the standard protocol for DPWH to coordinate with the concerned Local Government Units (LGUs) of any dredging activity in their areas, and in most cases, dredging with any LGU is covered by a Memorandum of Agreement (MOA). DPWH Region 1 Director Melanio Briosos however reported that in compliance to the request of NBI-Vigan City, DPWH has only provided assistance in hauling the processed magnetite sand materials back into the sea. According to Briosos, about 36,000 metric tons of dredge materials were scattered back along the shoreline in Caoayan, Ilocos Sur. |TOP| Trader faces raps for garlic smuggling Source: http://www.dof.gov.ph The Bureau of Customs files smuggling-related charges against the owner of a trading firm and its customs broker at the Department of Justice for the illegal importation of garlic worth an estimated P30-Million. AizaCitaAsanSalise, owner and proprietor of Good Earth Merchandise, and licensed customs broker Antonio Castro Enriquez were charged with violation of Presidential Decree No. 1433 (Promulgating the Plant Quarantine Law of 1978, thereby Revising and Consolidating Existing Plant Quarantine Laws to further Improve and Strengthen the Plant Quarantine Service of the Bureau of Plant Industry [BPI]) for importing garlic without a permit or clearance from the BPI; as well as Section 3601 of the Tariff and Customs Code of the Philippines for the unlawful importation. The charges stem from the seizure of over 101Metric Tons (MT) or 101,460 kilograms of garlic smuggled from Hong Kongat the Port of Batangas last June.The garlic, packed in ten-kilogram bags arrived in two separate shipments of four (4) 40-footer container vans on June 1, 2014 and June 10, 2014, from Hongkong. These were declared as “raw materials for chocolate.”As the garlic was misdeclared, the shipment had no phytosanitary clearance as mandated by the Department of Agriculture for imported agricultural products; and both the importer and broker neither declared nor paid the correct duties and taxes for the shipments. The four container vans with the seized garlic will undergo forfeiture proceedings in favor of the government. President Benigno Aquino III had said that if the seized garlic is cleared for phytosanitary threats, the government may sell the seized smuggled garlic in the local market to help temper rising prices. The seizure of the smuggled garlic came as retail prices for the commodity soared to as high as P300 to P400 a kilo, from the usual P60 to P90 per kilo. Based on monitoring by the Department of Agriculture, garlic prices increased by 213% in the first quarter of 2014 alone. |TOP| Oplan Likas saves 649 Families Source: http://www.dilg.gov.ph Some 649 families living along danger zones in Maricaban creek in Pasay City were relocated to safe, decent, and affordable housing units under the national governent’s “Oplan Likas” program. “Oplan Likas” or “Lumikas para Iwas Kalamidad at Sakit,” is being spearheaded by the Department of the Interior and Local Government (DILG) which aims to clear Metro Manila of informal settlers families (ISFs) from danger zones in various parts of Metro Manila through their voluntary relocation that hopes to speed up the unimpeded flood management system in Metro Manila. DILG Secretary Mar Roxas yesterday led the turnover rites of the cleared three-meter easement of Maricaban Creek in Pasay City to local officials of Barangays 180 and 183. He said the 649 families living along the perilous creek voluntary relocated to a settlement site in Barangay Hugo in Trece Martirez City. “Sa pamamagitan ng Oplan Likas ay nabibigyan natin ng pagkakataon ang ating mga kababayan na manirahan sa ligtas na pamayanan,” Roxas said. Maricaban Creek is among the eight priority waterways identified by the government that need to be widened, dredged and cleared of structures. Other waterways are the San Juan River, Manggahan Floodway, Estero Tripa Galina, Tullahan River, Pasig River, Estero de Maypajo, and Estero de Sunog Apog. “Ang baha po walang pinipili. Konkreto man ang istraktura o kahoy, barong-barong man ang kinalalagyan, wala hong pinipili ang baha. Opisyal man ng barangay o pangkaraniwang tao, bata man o matanda. Kaya pag nabaha, sama-sama po, damay-damay na po ang lahat,” he stressed. Roxas said that people should be reminded of their responsibilities to nature and renew their sense of ownership to their surroundings. The clearing of the Maricaban creek also makes way for the implementation of the Metro Manila flood control project of the Department of Public Works and Highways (DPWH) which includes the dredging of rivers, improvement of urban drainage system, and dike or river wall construction and excavation. He said the vacated communities will be secured by the government and will be marked as danger zones to prevent building of illegal structures in the future. Roxas underscored the importance of the local governments in the implementation and enforcement of programs at the local level. “Tulad ng isang kamay na maraming daliri, ang hinlalaki po ay ang lokal na pamahalaan. Ang ibang mga daliri ay binubuo ng mga nasyunal na ahensya tulad ng DILG, DPWH, MMDA. Lahat ng mga daliri ay katuwang nang hinlalaki na may mahalagang tungkulin.” Roxas said. The DILG Secretary, who is also the Vice-Chairperson for Disaster Preparedness said Oplan Likas is part of President Aquino’s “Covenant with the Poor” and is being implemented by the DILG in partnership with the DPWH, Metro Manila Development Authority (MMDA), Department of Social Welfare and Development (DSWD), National Housing Authority (NHA), and the Department of Environment and Natural Resources (DENR). |TOP| PHL holiday décor sector conducts first solo local exhibit Source: http://www.dti.gov.ph Under the Department of Trade and Industry’s (DTI) Sikat Pinoy brand, the Philippine holiday décor sector recently conducted its first stand-alone decoration and gifts fair to capture the domestic market. “This exhibit has taken a different shape. The use of a décor transcends the manufacture of Christmas trees. Filipino creativity and fine craftsmanship will give artisans of Christmas Décor Producers and Exporters Association of the Philippines (CDPEAP) plenty of opportunity to additionally develop a large range of decors for other festive occasions such as Valentine’s Day, Halloween and Easter,” DTI-Bureau of Domestic Trade Promotion (BDTP) Rhodora M. Leaño said. “With these reinventions, CDPEAP’s scope of operations will excite local designers and events organizers in conceptualizing approaches that will address the needs of their clients in a more customized manner, and ultimately generate more businesses,” Leaño said. Leaño noted that the continuing erosion of traditional international markets of holiday décor products resulted in decreasing revenues, downsizing of operations, and in certain instances closure of several companies that are highly dependent on selling products abroad. She added that the DTI through the BDTP together with CDPEAP organized this fair to assist the ailing Christmas décor sector and find domestic and sustainable market for its products. Entitled "Celebrate! Decorate! Philippines’ Dreamland: World of Décor", the fair ran from 26-28 June 2014 at the lobby of the Philippine Trade Training Center (PTTC), Gil Puyat Avenue corner Roxas Boulevard in Pasay City. Aside from setting up an exhibit to highlight their innovative products, creative materials handling, and manipulation of decors for home, Christmas, and other celebrations, the fair also held a product-sourcing mission for big and institutional buyers of holiday décors to offer various packages. Leaño said holiday décor sector is composed 2000 producers consisting mostly of micro, small, and medium enterprises (MSMEs) that directly and indirectly employ 250,000 people, including regular workforce, sub-contractors, suppliers and processors of materials, and logistics and marketing personnel. She also said that they are looking at providing decent jobs that will allow the sector’s labor force to work not only seasonally but continuously throughout the year. CDPEAP President Rosario Perez-Dy noted that relying on exports is not enough to sustain a holiday décor company. So, they thought of tapping the local market since the local economy is good. Currently, most of their exports go to the United States and Russia. Dy noted that the 20 exhibitors are active members of the association, and are owners and designers of their own company. Some members are suppliers of local retail stores such as Kultura, and have created visuals for big department stores like SM Shoemart and Store Specialists. Dy also said that they expect to gather orders from local buyers and establishments during and months after the fair. Likewise, they are working on product development in preparation for this year’s Manila FAME October edition. |TOP| Joint Press Statement by the GPH and MILF Negotiating Panels Source: http://www.opapp.gov.ph Kuala Lumpur - Members of the Government of the Philippines and Moro Islamic Liberation Front Negotiating Panels today ended the special meeting on the draft Bangsamoro Basic Law on a positive note. The Panels, during the four-day meeting, discussed the contents of the draft Basic Law as submitted by the Bangsamoro Transition Commission (BTC) and reviewed by the legal team of the Office of the President. They achieved modest progress and identified consensus language in the light of signed agreements. They resolved to continue working together to come up with a mutually acceptable draft Bangsamoro Basic Law. The meeting provided the panels the opportunity to clarify misperceptions and affirm the intent and sincerity of the parties to abide by the signed agreements. They agreed to continue discussions on specific concerns in Manila within the next few days. They recognize the importance of these discussions in order to ensure that the draft law would be submitted to Congress at the soonest possible time. The meeting was held after the BTC, the agency mandated to draft the Bangsamoro Basic Law, issued a resolution elevating to the Panels for clarification and resolution the outstanding issues on the draft Basic Law. Members of the BTC, as well as the International Contact Group, were present to observe the discussions. The meeting was hosted and facilitated by His Excellency Tengku Dato’ Ab Ghafar Tengku Mohamed, the Malaysian facilitator for the peace negotiations. The Panels thank the public for their continued support towards the common objective of bringing a just resolution to the conflict in Mindanao. |TOP|

Last Updated: 11 JULY 2014
Google+ Photo Releases of PNoy
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			President Benigno S. Aquino III presides over the 2015 Budget Presentation Meeting among his members of the Cabinet, Friday, (July 11) at the Aguinaldo State Dining Room in Malacanang. (Photo by Gil Nartea/ Lauro Montillano/ Rey Baniquit/ Malacanang Photo Bureau)
			President Benigno S. Aquino III delivers his speech during the Voyage: The Marco Polo Ortigas Manila Grand Launch Affair at the grand ballroom of the Marco Polo Ortigas Manila in Meralco Avenue at the Ortigas Center in Pasig City on Wednesday (July 09). Also in photo are Marco Polo Ortigas Manila general manager Adriano Vences, Frontier Ortigas Hotel and Resort Corporation owner Samuel Po, Marco Polo Hotel Group president Eric Waldburger and Bureau of Internal Revenue Commissioner Kim Jacinto-Henares. (Photo by Gil Nartea / Malacañang Photo Bureau)
			President Benigno S. Aquino III delivers his speech during the Voyage: The Marco Polo Ortigas Manila Grand Launch Affair at the grand ballroom of the Marco Polo Ortigas Manila in Meralco Avenue at the Ortigas Center in Pasig City on Wednesday (July 09). Also in photo are Marco Polo Ortigas Manila general manager Adriano Vences, Frontier Ortigas Hotel and Resort Corporation owner Samuel Po and Marco Polo Hotel Group president Eric Waldburger. (Photo by Gil Nartea / Malacañang Photo Bureau)
			President Benigno S. Aquino III congratulates Marco Polo Hotel and Frontier Ortigas Hotel and Resort Corporation owner Samuel Po after his speech during the Marco Polo Ortigas Manila grand launch affair at the Marco Polo Ortigas Manila in Meralco Avenue at Ortigas Center on Wednesday (July 9). (Photo by: Robert Viñas/ Malacañang Photo Bureau)
			President Benigno S. Aquino III delivers his speech during the Marco Polo Ortigas Manila grand launch affair at the Marco Polo Ortigas Manila in Meralco Avenue at Ortigas Center on Wednesday (July 9). (Photo by: Robert Viñas/ Malacañang Photo Bureau)
			President Benigno S. Aquino III with Marco Polo Hotel owner Samuel Po during the Marco Polo Ortigas Manila grand launch affair at the Marco Polo Ortigas Manila in Meralco Avenue at Ortigas Center on Wednesday (July 09). (Photo by: Robert Viñas/ Malacañang Photo Bureau)
			President Benigno S. Aquino III graces the Voyage: The Marco Polo Ortigas Manila Grand Launch Affair at the Marco Polo Ortigas Manila in Meralco Avenue at the Ortigas Center on Wednesday (July 9). (Photo by: Robert Viñas/ Malacañang Photo Bureau)
			President Benigno S. Aquino III exchanges views with Dr. Alberto Gasbarri, chief organizer of the papal international apostolic visits and Manila Archbishop Luis Antonio Cardinal Tagle during the initial coordination meeting on forthcoming Papal visit at the Heroes Hall of the Malacañan Palace on Friday (July 04). Also in photo are Presidential Communications Operations Office Secretary Herminio Coloma, Jr. and Presidential Management Staff Head Julia Andrea Abad. (Photo by: Robert Viñas / Malacañang Photo Bureau)
			President Benigno S. Aquino III greets Manila Archbishop Luis Antonio Cardinal Tagle during the initial coordination meeting on the forthcoming Papal visit at the Heroes Hall of the Malacañan Palace on Friday (July 04). Pope Francis is expected to come to the Philippines in January 2015. (Photo by: Robert Viñas / Malacañang Photo Bureau)
			President Benigno S. Aquino III welcomes Dr. Alberto Gasbarri, chief organizer of the papal international apostolic visits during the initial coordination meeting on the forthcoming Papal visit at the Heroes Hall of the Malacañan Palace on Friday (July 04). Pope Francis is expected to come to the Philippines for a state visit in January 2015. (Photo by: Robert Viñas / Malacañang Photo Bureau)
			President Benigno S. Aquino III, assisted by Philippine Air Force (PAF) Commanding General Lt. Gen. Jeffrey Delgado, presents the command plaque and streamer during the awarding ceremony for the 67th Anniversary of the PAF at the Haribon Hangar of the Air Force City in Clark Air Base, Pampanga on Tuesday (July 01). This year’s celebration is anchored on the theme “Soar High PAF for Peace, Freedom and Development”. The PAF was founded on July 1, 1947- two years after the end of World War II. It traces its lineage to the Philippine Army Air Corp, which was established in 1941. Also in photo is PAF Commanding General Lt. Gen. Jeffrey Delgado. (Photo by Gil Nartea / Malacañang Photo Bureau)
			The Aerobatic Demonstration and Opener Pass of the PAF during the 67th Anniversary of the Philippine Air Force (PAF) at the Haribon Hangar of the Air Force City in Clark Air Base, Pampanga on Tuesday (July 01, 2014). This year’s celebration is anchored on the theme “Soar High PAF for Peace, Freedom and Development”. The PAF was founded on July 1, 1947- two years after the end of World War II. It traces its lineage to the Philippine Army Air Corp, which was established in 1941. (Photo by Ryan Lim / Rey Baniquet / Malacañang Photo Bureau)
			President Benigno S. Aquino III answers questions directed to him during the 67th Anniversary of the Philippine Air Force (PAF) at the Haribon Hangar of the Air Force City in Clark Air Base, Pampanga on Tuesday (July 01). This year’s celebration is anchored on the theme “Soar High PAF for Peace, Freedom and Development." The PAF was founded on July 1, 1947- two years after the end of World War II. It traces its lineage to the Philippine Army Air Corp, which was established in 1941. (Photo by Ryan Lim/ Malacañang Photo Bureau)
			President Benigno S. Aquino III acknowledges the men and women in uniform participating in the pass-in review during the 67th Anniversary of the Philippine Air Force (PAF) at the Haribon Hangar of the Air Force City in Clark Air Base, Pampanga on Tuesday (July 01). This year’s celebration is anchored on the theme “Soar High PAF for Peace, Freedom and Development”. The PAF was founded on July 1, 1947- two years after the end of World War II. It traces its lineage to the Philippine Army Air Corp, which was established in 1941. (Photo by Gil Nartea / Malacañang Photo Bureau)
			President Benigno S. Aquino III acknowledges the men and women in uniform participating in the pass-in review during the 67th Anniversary of the Philippine Air Force (PAF) at the Haribon Hangar of the Air Force City in Clark Air Base, Pampanga on Tuesday (July 01). This year’s celebration is anchored on the theme “Soar High PAF for Peace, Freedom and Development”. The PAF was founded on July 1, 1947- two years after the end of World War II. It traces its lineage to the Philippine Army Air Corp, which was established in 1941. Also in Photo are Defense Secretary Voltaire Gazmin and PAF Commanding General Lt. Gen. Jeffrey Delgado (Photo by Ryan Lim/ Malacañang Photo Bureau)
			President Benigno S. Aquino III addresses the 67th Anniversary of the Philippine Air Force (PAF) at the Haribon Hangar of the Air Force City in Clark Air Base, Pampanga on Tuesday (July 01). This year’s celebration is anchored on the theme “Soar High PAF for Peace, Freedom and Development”. The pPAF was founded on July 1, 1947- two years after the end of World War II. It traces its lineage to the Philippine Army Air Corp, which was established in 1941. Also in photo are Defense Secretary Voltaire Gazmin and Armed Forces of the Philippines (AFP) Chief of Staff Gen. Emmanuel Bautista (Photo by Gil Nartea / Malacañang Photo Bureau)
			President Benigno S. Aquino III addresses the 67th Anniversary of the Philippine Air Force (PAF) at the Haribon Hangar of the Air Force City in Clark Air Base, Pampanga on Tuesday (July 01). This year’s celebration is anchored on the theme “Soar High PAF for Peace, Freedom and Development”. The PAF was founded on July 1, 1947- two years after the end of World War II. It traces its lineage to the Philippine Army Air Corp, which was established in 194. Also in photo are Defense Secretary Voltaire Gazmin, Armed Forces of the Philippines (AFP) Chief of Staff Gen. Emmanuel Bautista and PAF Commanding General Lt. Gen. Jeffrey Delgado (Photo by Ryan Lim / Rey Baniquet / Malacañang Photo Bureau)
			President Benigno S. Aquino III reviews the troops during the 67th PAF Anniversary at the Haribon Hangar of the Air Force City in Clark Air Base, Pampanga on Tuesday (July 01). This year’s celebration is anchored on the theme “Soar High PAF for Peace, Freedom and Development." The PAF was founded on July 1, 1947- two years after the end of World War II. It traces its lineage to the Philippine Army Air Corp, which was established in 1941. (Photo by Ryan Lim / Rey Baniquet/ Malacañang Photo Bureau)
			President Benigno S. Aquino III, accompanied by Philippine Air Force (PAF) Commanding General Lt. Gen. Jeffrey Delgado, reviews the troops during the 67th PAF Anniversary at the Haribon Hangar of the Air Force City in Clark Air Base, Pampanga on Tuesday (July 01). This year’s celebration is anchored on the theme “Soar High PAF for Peace, Freedom and Development." The PAF was founded on July 1, 1947- two years after the end of World War II. It traces its lineage to the Philippine Army Air Corp, which was established in 1941. (Photo by Ryan Lim / Gil Nartea / Rey Baniquet / Malacañang Photo Bureau)
			President Benigno Aquino III delivers his message during inauguration of the Iloilo River Plains Subdivision Phase 1 in Brgy. Lanit, Jaro District, Iloilo City on Friday (June 27). (Photo by Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III inspects the rowhouse and a model housing unit, assisted by Senate President Franklin Drilon (L) and NHA General Manager Chito Cruz (R) during the inauguration of the Iloilo River Plains Subdivision Phase 1 in Brgy. Lanit, Jaro District, Iloilo City on Friday (June 27). (Photo by Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III leads the unveiling of the marker for the low-cost housing project, assisted by National Housing Authority General Manager Chito Cruz during inauguration of the Iloilo River Plains Subdivision Phase 1 in Brgy. Lanit, Jaro District, Iloilo City on Friday (June 27). (Photo by Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III leads the unveiling of the marker for low-cost housing project, assisted by Senate President Franklin Drilon, during inauguration of the Iloilo River Plains Subdivision Phase 1 in Brgy. Lanit, Jaro District, Iloilo City on Friday (June 27). (Photo by Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III expresses his condolences to the family of Marines 1st Lieutenant Roger Flores at Cosmopolitan-Somo Memorial Park in Iloilo City. Lt. Flores is one of the victim of ambush in Patikul, Sulu. (Photo by Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III visits the wake of Marines 1st Lieutenant Roger Flores at Cosmopolitan-Somo Memorial Park in Iloilo City. Lt. Flores is one of the victims of the ambush in Patikul, Sulu. (Photo by Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III delivers his speech during the unveiling of the marker of four bridges along the Iloilo circumferential road C1 at Brgy. Unka Pavia in Iloilo City on Friday (June 27). Also in photo are Senate President Franklin Drillon, DILG Sec. Manuel Roxas, DPWH Sec. Rogelio Singson, , Usec. Engr. Romeo Momo, Iloilo Governor Arthur Denfensor Jr., Iloilo City Mayor Jed Patrick Mabilog, Pavia Mayor Michael Gorriceta, and Iloilo Rep. Arcadio Gorriceta. (Photo by Ryan Lim - Lauro Montellano / Malacanang Photo Bureau)
			President Benigno Aquino III with Senate President Franklin Drillon and DPWH Sec. Rogelio Singson conduct a drive through and inspection of the bike lane in the 2KM section of the proposed Senator Benigno Aquino Jr. road widening project at Brgy. San Rafael in Madurriao District, Iloilo City on Friday (June 27). Photo by Ryan Lim - Lauro Montellano / Malacanang Photo Bureau)
			President Benigno Aquino III with a group of bikers from Iloilo and Senate President Franklin Drillon during the inauguration of the 2KM section of the proposed Senator Benigno Aquino Jr. road widening project at brgy san Rafael Madurriao Distric, Iloilo City on friday (June 27). (Photo by Ryan Lim - Lauro Montellano / Malacanang Photo Bureau)
			President Benigno Aquino III, with Senate President Franklin Drillon, checks out the bike lane in the 2KM section of the proposed Senator Benigno Aquino Jr. road widening project at Brgy. San Rafael in Madurriao District, Iloilo City on Friday (June 27). (Photo by Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III inspects the proposed Iloilo Convention Center at Iloilo Business Park, Brgy. Old Airport, Mandurriao District, Iloilo City on Friday (June 27). Also in photo are Senate Pres. Franklin Drillon and DPWH Sec. Rogelio Singso, and DILG Sec. Manuel Roxas among others. (Photo by Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III during the briefing on the proposed Iloilo Convention Center at the Iloilo Business Park, Brgy. Old Airport, Mandurriao District, Iloilo City on Friday (June 27). Also in photo are Senate Pres. Franklin Drillon and DPWH Sec. Rogelio Singson. (Photo by Ryan Lim - Lauro Montellano / Malacanang Photo Bureau)
			President Benigno Aquino III leads the inaugural drive-through of the Jaro Bridge II in Brgy. Ungka Pavia, Iloilo City, with Senate President Franklin Drillon and DPWH Sec. Rogelio Singson at the inauguration rites held in Iloilo City on Friday (June 27). (Photo by Ryan Lim - Lauro Montellano / Malacanang Photo Bureau)
			President Benigno Aquino III leads the unveiling of marker of the four bridges along Iloilo circumferential road at Brgy. Unka Pavia, Iloilo City on Friday (June 27). In photo are DILG Sec. Manuel Roxas , DPWH Sec. Rogelio Singson, Senate President Franklin Drillon, Usec. Engr. Romeo Momo, Iloilo Governor Arthur Denfensor Jr., Iloilo City Mayor Jed Patrick Mabilog, Pavia Mayor Michael Gorriceta, and Iloilo Rep. Arcadio Gorriceta. (Photo by Ryan Lim - Lauro Montellano / Malacanang Photo Bureau)
			President Benigno Aquino III joins for a group photo op during Philippine Bar Association 123rd Foundation Anniversary with held at Manila Polo Club on Thursday (June 24). Also are photo is PBA president Atty. Beda Fajardo and DOJ Secretary Leila de Lima. (Photo by Robert Viñas/ Malacanang Photo Bureau)
			President Benigno Aquino III is welcomed by the Philippine Bar Association officials 123rd Foundation Anniversary of the organization held at Manila Polo Club on Thursday (June 26). (Photo by Robert Viñas / Malacanang Photo Bureau)
			President Benigno Aquino III delivers his speech at the 123rd Foundation Anniversary of the Philippine Bar Association held at Manila Polo Club on Thursday (June 26). (Photo by Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III converses with Philippine Bar Association President Atty. Beda Fajardo during the organization's 123rd Foundation Anniversary held at Manila Polo Club on Thursday (June 26). (Photo by Robert Viñas / Ryan Lim / Malacanang Photo Bureau)
			President Benigno Aquino III converses with DOJ Secretary Leila de Lima during Philippine Bar Association 123rd Foundation Anniversary held at Manila Polo Club on Thursday (June 26). Photo by: (Ryan Lim/ Malacanang Photo Bureau)
			President Benigno Aquino III and Secretary Herminio Coloma Jr. pose with the newly Elected officers of the National Press Club, (1st row From left) Treasurer Mina Navarro, Vice-President Benny Antiporda, President Joel Sy Egco, Secretary Ma. Kristina Maralit, Auditor Rolly Gonzalo.(2nd row from left) Board of Directors Arlie Calalo, Paul Gutierrez, Alvin Murcia, Leonel Abasola, Nats Taboy, William Depasupil, Jean Fernando, Ronniel de Guzman, Jun Mendoza, Bobby Ricohermoso during the Induction Ceremony of the National Press Club of the Philippines (NPC) and Board of Directors held at the Reception Hall of the Malacañan Palace on Thursday (June 24). Photo by Ryan Lim/ Malacanang Photo Bureau.
			President Benigno Aquino III congratulates the newly elected officers National Press Club headed by President Joel Sy Egco (3rd from right), Vice President Benny Antiporda (4th from right)Treasurer Mina Navarro (5th from right). The induction ceremony of the National Press Club of the Philippines held at the Reception Hall of the Malacañan Palace Thursday (June 24). Photo by Ryan Lim/ Malacanang Photo Bureau.
			President Benigno Aquino III administered the oath of the newly elected officers of the National Press Club headed by President Joel Sy Egco (3rd from right), Vice President Benny Antiporda (4th from right), Secretary Ma. Kristina Maralit (2nd from right), Auditor Rolly Gonzalo (right), and Treasurer Mina Navarro(5th from right). The induction ceremony of the National Press Club of the Philippines held at the Reception Hall of the Malacañan Palace on Thursday (June 24). Photo by Ryan Lim/ Malacanang Photo Bureau.
			President Benigno S. Aquino III delivers his speech at Megaworld’s 25th anniversary, Silver Tie Gala at Marriott Hotel Manila in Newport City Andrews Avenue, Pasay City, Wednesday (June 25). ( Photo by: Benhur Arcayan/Malacañang Photo Bureau)
			President Benigno S. Aquino III receives a coffee table book, Chronicles of Visions, from Chairman and CEO Andrew Tan of Megaworld Corporation, during the Silver Tie Gala of Megaworld’s 25th anniversary at Marriott Hotel Manila in Newport City Andrews Avenue, Pasay City, Wednesday (June 25). ( Photo by:Benhur Arcayan/ Rodolfo Manabat/PCOO/NIB )
			President Benigno S. Aquino III graces the Silver Tie Gala of Megaworld’s 25th anniversary at Marriott Hotel Manila in Newport City Andrews Avenue, Pasay City, Wednesday (June 25). Also in photo, Chairman and CEO Andrew Tan of Megaworld Corporation. ( Photo by: Benhur Arcayan/Malacañang Photo Bureau )
			President Benigno S. Aquino III delivers his arrival speech at the Ninoy Aquino International Airport Terminal II on Tuesday night (June 24) following his one-day visit to Japan. (Photo by Robert Viñas / Malacañang Photo Bureau)
			President Benigno S. Aquino III escorted by AFP Vice Chief of staff Lieutenant General Gregorio Pio Catapang Jr. arrives at the Ninoy Aquino International Airport (NAIA) Terminal II on Tuesday night (June 24) following his one-day working visit to Japan. (Photo by Robert Viñas/ Malacañang Photo Bureau)
			HIROSHIMA, Japan – President Benigno S. Aquino III tours the Hiroshima Peace Memorial Park during his one-day working visit to Japan on Tuesday (June 24). (PLDT powered by SMART) (Photo by Gil Nartea / Malacañang Photo Bureau)
			HIROSHIMA, Japan – President Benigno S. Aquino III along with Philippine goverment officials tour the facilities of the Hiroshima Peace Memorial Park during his one-day working visit to Japan on Tuesday (June 24). (PLDT powered by SMART) (Photo by Ryan Lim / Malacañang Photo Bureau)
			HIROSHIMA, Japan – President Benigno S. Aquino III offers a bouquet of flowers at a cenotaph in the Hiroshima Peace Memorial Park as part of his one-day working visit to Japan on Tuesday (June 24). (PLDT powered by SMART) (Photo by Ryan Lim / Malacañang Photo Bureau)
			HIROSHIMA, Japan – President Benigno S. Aquino III shares the stage with Japan International Cooperation Agency officials for a group photo souvenir following the Consolidation for Peace for Mindanao Conference organized by the group, along with the Research and Education for Peace of the Universiti Sains Malaysia at the Sheraton Hiroshima Hotel on Tuesday (June 24). (PLDT powered by SMART) (Photo by Gil Nartea / Malacañang Photo Bureau)
			HIROSHIMA, Japan – President Benigno S. Aquino III addresses the Consolidation for Peace for Mindanao Conference organized by the Japan International Cooperation Agency and the Research and Education for Peace of the Universiti Sains Malaysia at the Sheraton Hiroshima Hotel on Tuesday (June 24). (PLDT powered by SMART) (Photo by Gil Nartea / Malacañang Photo Bureau)
			HIROSHIMA, Japan – President Benigno S. Aquino III is welcomed by JICA president Akihiko Tanaka upon arrival at the Hiroshima International Airport to participate in the Consolidation for Peace for Mindanao Conference organized by the Japan International Cooperation Agency and the Research and Education for Peace of the Universiti Sains Malaysia on Tuesday (June 24). (PLDT powered by SMART) (Photo by Ryan Lim / Malacañang Photo Bureau)
			President Benigno S. Aquino III answer questions from members of the media while on board the plane to Hiroshima International Airport to participate in the Consolidation for Peace for Mindanao Conference organized by the Japan International Cooperation Agency and the Research and Education for Peace of the Universiti Sains Malaysia on Tuesday (June 24). (PLDT powered by SMART) (Photo by Ryan Lim/ Malacañang Photo Bureau)
			President Benigno S. Aquino III poses with Japanese Prime Minister Shinzo Abe during the joint press conference after the summit meeting and working lunch at the Prime Minister’s Official Residence in Tokyo on Tuesday (June 24). The meeting was an opportunity for the two leaders to exchange views on recent regional developments and discuss areas of cooperation to enhance the Philippines-Japan strategic partnership. (PLDT powered by SMART) (Photo by Ryan Lim / Malacañang Photo Bureau)
			President Benigno S. Aquino III poses with Japanese Prime Minister Shinzo Abe during the joint press conference after the summit meeting and working lunch at the Prime Minister’s Official Residence in Tokyo on Tuesday (June 24). The meeting was an opportunity for the two leaders to exchange views on recent regional developments and discuss areas of cooperation to enhance the Philippines-Japan strategic partnership. (PLDT powered by SMART) (Photo by Ryan Lim / Malacañang Photo Bureau)
			TOKYO, Japan – President Benigno S. Aquino III listens as Japanese Prime Minister Shinzo Abe delivers his remarks during the joint press conference after the summit meeting and working lunch at the Prime Minister’s Official Residence in Tokyo on Tuesday (June 24). The meeting was an opportunity for the two leaders to exchange views on recent regional developments and discuss areas of cooperation to enhance the Philippines-Japan strategic partnership. (PLDT powered by SMART) (Photo by Ryan Lim / Malacañang Photo Bureau)
			TOKYO, Japan – President Benigno S. Aquino III delivers his remarks during the joint press conference with Japanese Prime Minister Shinzo Abe after the summit meeting and working lunch at the Prime Minister’s Official Residence in Tokyo on Tuesday (June 24). The meeting was an opportunity for the two leaders to exchange views on recent regional developments and discuss areas of cooperation to enhance the Philippines-Japan strategic partnership. (PLDT powered by SMART) (Photo by Ryan Lim / Malacañang Photo Bureau)
			TOKYO, Japan – President Benigno S. Aquino III upon arrival for the Summit Meeting & Working Lunch with Japan Prime Minister Shinzo Abe at the Prime Minister’s Official Residence in Tokyo on Tuesday (June 24). The meeting was an opportunity for the two leaders to exchange views on recent regional developments and discuss areas of cooperation to enhance the Philippines-Japan strategic partnership. (PLDT powered by SMART) (Photo by Ryan Lim / Malacañang Photo Bureau)
			TOKYO, Japan – President Benigno S. Aquino III listens to Japanese Prime Minister Shinzo Abe during the Summit meeting at the Prime Minister’s Official Residence in Tokyo on Tuesday (June 24). The meeting was an opportunity for the two leaders to exchange views on recent regional developments and discuss areas of cooperation to enhance the Philippines-Japan strategic partnership. (PLDT powered by SMART) (Photo by Gil Nartea/ Malacañang Photo Bureau)
			President Benigno S. Aquino III poses with Japanese Prime Minister Shinzo Abe during press conference after the summit meeting and working lunch at the Prime Minister’s Official Residence in Tokyo on Tuesday (June 24). The meeting was an opportunity for the two leaders to exchange views on recent regional developments and discuss areas of cooperation to enhance the Philippines-Japan strategic partnership. (PLDT powered by SMART) (Photo by Gil Nartea / Malacañang Photo Bureau)
			TOKYO, Japan – President Benigno S. Aquino III greets Japanese Prime Minister Shinzo Abe during the Summit Meeting & Working Lunch at the Prime Minister’s Official Residence in Tokyo on Tuesday (June 24). The meeting is an opportunity for the two leaders to exchange views on recent regional developments and discuss areas of cooperation to enhance the Philippines-Japan strategic partnership. (PLDT powered by SMART) (Photo by Ryan Lim / Malacañang Photo Bureau)
			TOKYO, Japan -  President Benigno S. Aquino III arrives at the Tokyo Haneda International Airport on Tuesday (June 24) for a one-day working visit here. The President will meet with Japanese Prime Minister Shinzo Abe in Tokyo and speak at the Consolidation for Peace for Mindanao Conference in Hiroshima organized by the Japan International Cooperation Agency and the Research and Education for Peace of the Universiti Sains Malaysia. Also in photo are Consul General Marian Jocelyn R. Tirol-Ignacio, head of Mission Gilberto G. B. Asuque and Philippine Navy Captain Samuel Z. Felix. (PLDT powered by SMART) (Photo by Gil Nartea / Malacañang Photo Bureau)
			President Benigno S. Aquino III, accompanied by Armed Forces of the Philippines Vice Chief of Staff Lieutenant General Gregorio Pio Catapang Jr., reviews the honor guards during the send-off ceremony at the Ninoy Aquino International Airport Terminal II on Tuesday (June 24). The President left for a one-day working visit to Japan where he will meet with Japan Prime Minister Shinzo Abe in Tokyo and speak at the Consolidation for Peace for Mindanao Conference in Hiroshima organized by the Japan International Cooperation Agency and the Research and Education for Peace of the Universiti Sains Malaysia. (Photo by Rolando Mailo / Malacañang Photo Bureau)
			President Benigno S. Aquino III delivers his departure statement during the send-off ceremony at the Ninoy Aquino International Airport Terminal II on Tuesday (June 24). The President left for a one-day working visit to Japan where he will meet with Japan Prime Minister Shinzo Abe in Tokyo and speak at the Consolidation for Peace for Mindanao Conference in Hiroshima organized by the Japan International Cooperation Agency and the Research and Education for Peace of the Universiti Sains Malaysia. (Photo by Rolando Mailo / Malacañang Photo Bureau)
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