2 Dispatch for June 24 , 2015 ( Wednesday), 2 Weather Watch , 6 OFW Watch, 1 PNOY
Speech , 20 Online News( June 23 ), 30 Photonews (
June 23 )
DAILY WEATHER FORECAST
Issued at: 5:00 AM today, 24 June
2015
Valid Beginning: 5:00 AM today until 5:00 AM tomorrow
Synopsis:
Intertropical Convergence Zone (ITCZ) affecting Mindanao.
Valid Beginning: 5:00 AM today until 5:00 AM tomorrow
Synopsis:
Intertropical Convergence Zone (ITCZ) affecting Mindanao.
 Predicted
Mean Sea Level Pressure Analysis 8 AM 24 June 2015 |
 Predicted Mean Sea Level Wind Analysis 8 AM 24 June 2015 |
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Forecast:
Cloudy skies with light to moderate rains and thunderstorms will be experienced over Mindanao. Partly cloudy to cloudy skies with isolated rainshowers or thunderstorms will prevail over Metro Manila and the rest of the country.
Moderate to occasionally strong winds blowing from the southwest to south will prevail over the western section of Luzon and its coastal waters will be moderate to occasionally rough. Winds will be light to moderate coming from the southwest to south over the rest of Luzon and from the southwest to west over the rest of the country with slight to moderate seas.
PAGTAYA: Maulap na kalangitan na may
mahina hanggang sa katamtamang mga pag-ulan at pagkidlat-pagkulog ang
mararanasan sa Mindanao. Bahagyang maulap hanggang sa maulap na papawirin na
may pulu-pulong mga pagkidlat-pagkulog ang iiral sa Metro Manila at sa
nalalabing bahagi ng bansa.
Katamtaman hanggang sa kung minsan
ay malakas na hangin mula sa Timog-Kanluran hanggang sa Timog ang iiral sa
kanlurang bahagi ng Luzon at ang mga baybaying-dagat nito ay magiging
katamtaman hanggang sa kung minsan ay maalon. Ang hangin ay magiging mahina
hanggang sa katamtaman mula sa Timog-kanluran hanggang sa Timog sa nalalabing
bahagi ng Luzon at mula naman sa Timog-Kanluran hanggang sa Kanluran sa
natitirang bahagi ng bansa na may banayad hanggang sa katamtamang pag-alon ng
karagatan.
OVER METRO MANILA:
Maximum Temperature: 01:00 PM
Yesterday --- 33.5 °C
Minimum Temperature: 07:30 AM Yesterday --- 24.2 °C
Minimum Temperature: 07:30 AM Yesterday --- 24.2 °C
Maximum Relative Humidity: 07:30 AM
Yesterday --- 96 %
Minimum Relative Humidity: 01:00 PM Yesterday --- 52 %
Minimum Relative Humidity: 01:00 PM Yesterday --- 52 %
High Tide Today: 05:13 AM ……… 0.62
Meter
Low Tide Today: 07:23 AM ……… 0.61 Meter
High Tide Today: 02:43 PM ……… 0.84 Meter
Low Tide Today: 10:18 PM ……… 0.25 Meter
Low Tide Today: 07:23 AM ……… 0.61 Meter
High Tide Today: 02:43 PM ……… 0.84 Meter
Low Tide Today: 10:18 PM ……… 0.25 Meter
Sunrise Today: 05:28 AM
Sunset Today: 06:28 PM
Sunset Today: 06:28 PM
Moonrise Today: 11:44 AM
Moonset Today: 12:00 AM
Illumination Today: 43 %
Moonset Today: 12:00 AM
Illumination Today: 43 %
For more information and queries,
please call at telephone numbers 927-1335
and 927-2877 or log on to www.pagasa.dost.gov.ph
16 hrs ·
GMA resident meteorologist Nathaniel
Cruz:
-Ngayon taon, mas maraming bagyo ang inaasahang papasok sa PAR sa mga susunod na buwan. Sa forecast ng PAGASA, may mga buwan na sobra ang ulan at may mga buwan na mababa sa normal ang ulan dahil sa epekto ng El Niño.
-Sa Metro Manila, posibleng muling umulan bukas ng hapon.
-Sa Visayas, posible ang hanggang katamtamang ulan sa western at central sections.
-Sa Mindanao kung saan patuloy na umiiral ang ITCZ, may katamtamang ulan sa maghapon.
-Ngayon taon, mas maraming bagyo ang inaasahang papasok sa PAR sa mga susunod na buwan. Sa forecast ng PAGASA, may mga buwan na sobra ang ulan at may mga buwan na mababa sa normal ang ulan dahil sa epekto ng El Niño.
-Sa Metro Manila, posibleng muling umulan bukas ng hapon.
-Sa Visayas, posible ang hanggang katamtamang ulan sa western at central sections.
-Sa Mindanao kung saan patuloy na umiiral ang ITCZ, may katamtamang ulan sa maghapon.
June 24 , 2015 ( Wednesday) as of 9:00 AM
PIA4A / PIA QUEZON : Partly Cloudy in Lucena City
Northern
Southern
16 hrs ·
ABS-CBN: Humihingi ng tulong ang
isang Pinay worker sa Kuwait na itinago sa pangalang "Almira" na
pinapalo ng bakal at pinaplantsa ng among babae roon. Ilang beses din daw
siyang sinasaktan ng kanyang among lalaki. Hindi pa raw pinapakain si
"Almira" at tinatawag din daw siyang aso ng kanyang mga amo. Sa
ngayon, nasa pangangalaga na ng embahada ng bansa si "Almira" matapos
makatakas sa kanyang mga amo. Isasailalim din siya sa counseling.
17 hrs ·
DZMM: Ligtas na sa MERS-CoV ang mga
OFW at kanilang pamilya sa South Korea. Sinabi ni Labor Attaché Felicitas Q.Bay
ng Philippine Overseas Labor Office sa South Korea wala pa silang natatanggap
na may Pilipinong tinamaan mula sa 175 na magkasakit nito. Pero pinaalalahanan
ng DOLE ang mga OFW sa nasabing bansa na mag-ingat.
17 hrs ·
DZBB: Nakauwi na sa bansa ngayong
hapon ang 172 OFWs mula sa Libya. Kaugnay nito, umabot na sa kabuuang 5,290
OFWs ang na-repatriate mula sa Libya.
19 hrs ·
GTV: Nakauwi na sa Pilipinas si
Marilou Ranario, ang Pinay mula sa Kuwait na nahatulan doon ng bitay. Sa tulong
ng DFA, inapela ang kaso ni Ranario kaya naibaba ang hatol sa life imprisonment
hangang sa maibaba pa ito sa 10 taong pagkakakulong. Samantala, tatlong Pilipino
rin mula sa Saudi Arabia ang nakalaya na. Umaasa naman ang DFA na gaya ni
Ranario ay mapapababa rin ang parusa kay Mary Jane Veloso na hinatulan ng bitay
sa Indonesia.
22 hrs ·
DZMM: Ligtas pa mula sa MERS-CoV ang
mga OFW at kanilang pamilya sa South Korea. Ayon kay Labor Attaché
Atty.Felicitas Bay ng POLO, wala pa silang natatanggap na may Pilipinong
tinamaan ng MERS-CoV doon.
23 hrs ·
DZRH: Hindi raw apektado ng
pagbibitiw ni VP Binay ang pagtugon ng gobyerno sa mga pangangailangan ng mga
OFW. Ayon kay DPS Valte, habang wala pang nakikitang kapalit ni Binay ang
Pangulo, nariyan naman ang iba’t ibang ahensya ng gobyerno na nakatutok sa
pangangailangan ng mga OFW.
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| President Aquino inducts new officers of the Federation of Filipino-Chinese Chambers of Commerce and Industry |
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President Benigno S. Aquino III on Tuesday inducted into office the new set
of officers of the Federation of Filipino-Chinese Chambers of Commerce and
Industry, Inc. (FFCCCII) at the Rizal Hall of Malacañang Palace. Taking their oath before the President were Angel Ngu, president; Henry Lim Bon Liong, executive vice president; Domingo Yap, David Chua, Alex Yap Cho Ty, William Gosiaco, Michael Tan, Victor Lim, Delfin Letran, Mary Go Ng, Cecilio Pedro, Charles Chante, George Hock Huy Chiu, and William Yap Castro, vice presidents; Jeffrey Ng, treasurer; Tai Lian, auditor; and Fernando Gan, corporate secretary and secretary general. The other members of the FFCCCII's set of officers for 2015-2017 who were sworn into office were Lucio Tan as chairman emeritus; and Alfonso Siy, Ambassador Domingo Lee, Jimmy Tang, Vicente Yu, Sr,, Robin Sy, Francis Chua, Dr. John Tan, Alfonso Uy, and Tan Ching as honorary vice presidents. During the oath-taking ceremony, Ngu also presented to President Aquino a scale model of a two-classroom school building, to be constructed under the FFCCCII's “Operation: Barrio Schools”. “Operation: Barrio Schools” is the FFCCCIII's longest running and biggest private sector-led development program focused on educational infrastructure. As of this month, some 4,933 school buildings or 9,866 classrooms have been turned over to public schools nationwide, benefitting nearly one million school children. The FFCCCII was established on March 29, 1954 and was inspired by the late President Ramon Magsaysay's appeal to the leaders of the Filipino-Chinese community to organize into a cohesive organization that could render greater support to the government. A non-stock and non-profit corporation, the FFCCCII is the largest organization of Filipino-Chinese businessmen from all over the country. PND (jm) |
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| Aquino graces graduation of Special Training for Employment Program of TESDA |
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President Benigno S. Aquino III on Tuesday
congratulated the 2,022 graduates of the Special Training for Employment
Program (STEP) of the Technical Education and Skills Development Authority (TESDA),
expressing his admiration for their determination to better their lives. During the mass graduation, held at the Cuneta Astrodome in Pasay City, the President presented the STEP graduates their certificates, and their toolkits, such as electric ovens for baking; portable welding machines for shield metal arc welding; and sewing machines for dressmaking. “Bahagi lamang po ang programang ito ng TESDA sa malawakan nating istratehiya para bigyang kakayahan ang mga kababayan natin na maging katuwang sa pag-unlad,” President Aquino said in his speech, noting that since 2010, millions of Filipinos have benefited from TESDA’s various technical and vocational training programs. “Sa limang taon nating pagtahak sa daang matuwid, talaga naman pong malayo na ang ating narating. Patunay po ang TESDA kung paano natin pinapatibay ang ating mga institusyon upang hindi na maging kasangkapan ng mga tiwali para sa pansariling interes,” he said. He recalled that under the past administration, TESDA distributed scholarship vouchers that were not backed up by funds. “Kaya nung natapos po sila, ang iniwan po kay TESDA Secretary Joel Villanueva ay 2.4 bilyong pisong utang ng ahensiya at siyempre, sa dulo po, taumbayan na rin ang magbabayad nitong inutang na wala naman palang kapahintulutang utangin. Kaya nga po pinapanagot na natin ang dating pinuno ng TESDA, sampu ng kanyang mga kasamahan. Ngayon po ay humaharap sila sa kasong katiwalian na isinampa ng Ombudsman,” he said. Noting that the government spends an average of P7,155 for every TESDA scholar, President Aquino encouraged the graduates to do their share to help future trainees by paying their taxes. “Gagastos ang sambayanan, dinaan sa gobyerno, pagkagastos po maibabalik naman nang nakinabang. Ang pagbalik na iyon ay sa pamamagitan ng buwis, nakakatulong sa mas marami pang taong magkaroon ng parehong pagkakataon,” he said. Established in August 1994, TESDA aims to encourage the full participation of, and to mobilize the industry, labor, local government units and technical-vocational institutions in the skills development of the country's human resources. It offers courses on preventive maintenance on the mechanical and electrical system of motorcycles; maintenance and repair of cellular phones; maintenance and repair of electronically controlled domestic appliances; masonry; installation of wiring devices/lighting systems; maintenance and repair of audio/video products; carpentry; including food processing and meal preparation, among others. Also present during the event were TESDA Director General Joel Villanueva, Pasay City Congresswoman Imelda Calixto-Rubiano, Pasay City Mayor Antonino Calixto, and officer-in-charge of the Cuneta Astrodome, Aurelio Vendivel. PND (ag) |
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| The trainee becomes the trainer | ||||||||||||
| Source: http://www.dswd.gov.ph | ||||||||||||
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39-year-old Evelyn Caballero of Barangay Balulang, Cagayan de
Oro City, proudly marched onstage along with her husband and
daughters during the graduation ceremony at the Philippine
Institute of Skills and Development (PISAD). Evelyn finished the Beauty Care Course of PISAD and passed the National Certificate II accreditation by the Technical Education and Skills Development Authority (TESDA). The Department of Social Welfare and Development (DSWD) through its Sustainable Livelihood Program has partnered with PISAD and TESDA in providing skills training to beneficiaries of Pantawid Pamilya. Pantawid Pamilya is a human development program implemented by the Department of Social Welfare and Development (DSWD) that invests in the health and education of poor families, primarily those with children aged 0-18. It provides cash grants to partner-beneficiaries who comply with the conditions of sending their children to school, bringing them to health centers for checkups, and attending the monthly Family Development Sessions (FDS). The six-month training includes skills assessment and certification as well as entrepreneurship development activities. It has two components: training for wage employment and training for self-employment. Evelyn was among the beneficiaries who participated in the skills training in November 2014 until April 2015. Paying it forward This June, Evelyn, the former trainee is now the trainer. Evelyn is currently training the residents of the DSWD-Field Office X Haven for Women, a facility for victim-survivors of abuse, on manicure, pedicure, foot massage, make-up and spa, every Tuesday and Wednesday. She committed to teach the women for two months starting this June. Evelyn said she wanted to share the skills she learned to others. “Gusto kong ibahagi ang biyaya na ipinagkaloob ng DSWD at makatulong sa kapwa sa pamamagitan ng pagbahagi ng aking kaalaman sa Beauty Care (I like to share the blessings DSWD has given me, as well as help other people by imparting my knowledge on Beauty Care). Re-opening her parlor Even if Evelyn has a TESDA accreditation and is eligible to work abroad, she has no plans of leaving. She is determined to stay in the country to guide her children during their formative years. Instead of working abroad, she has her heart set on rebuilding her parlor which was destroyed by Typhoon Sendong in December 2011. She aims to provide a better life for her family, especially for the education of her three children. Her eldest, Christine Mae is already in college taking up social work. “Nakatulong talaga ang technical-vocational training na ito sa akin at sa iba pang mga kababayan natin na dati ay hindi nabibigyan na oportunidad para mapaginhawa ang buhay. Ngayon na-eenjoy naming mahihirap ang mga tulong na ito (The training has helped me and our countrymen who were previously not given opportunities like this to improve our lives. But, now, Pantawid Pamilya beneficiaries are reaping the benefits of government programs),” Evelyn stated. DSWD Secretary Corazon Juliano-Soliman admired Evelyn for her willingness to share her skills saying that program beneficiaries are never remiss in expressing their gratitude for the assistance that they continue to receive from the government. To date, Northern Mindanao has 259,797 Pantawid Pamilya beneficiaries who are provided with health and educational assistance, and the opportunity to further improve their economic well-being through the various livelihood assistance provided by the government. |
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| DSWD preps relief to towns around Mt. Bulusan | ||||||||||||
| Source: http://www.dswd.gov.ph | ||||||||||||
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The Department of Social Welfare and Development (DSWD) in the
Bicol Region has prepositioned, as of June 17, some 5,000 family
food packs to the Provincial Government of Sorsogon to augment
its relief resources for families affected by the eruption of
Mt. Bulusan. At the same time, DSWD also prepositioned 300 family food packs each to the towns of Irosin, Casiguran, and Juban, Sorsogon which are the most affected by the eruption. Each food pack consisted of six kilos of rice, four cans of sardines, four cans of corned beef, six packs of noodles, and cereal drinks. Of the 300 family food packs prepositioned in each town, some 150 packs and 600 pieces of bottled water have been distributed to the affected families in Irosin while 61 packs have been given to families in Juban. The Department also distributed 300 dust masks to individuals from the six barangays in Juban where an ash fall was recorded. To date, a total of 6,884 families or 34,280 individuals have been affected by the incident. As of press time, no report on evacuation has been received by the Department. DSWD Secretary Corazon Juliano-Soliman assured the public that DSWD has adequate stockpile of commodities and standby funds for relief operations in case the eruption continues and escalates. Sec. Soliman also instructed the members of the DSWD-Field Office V Quick Response Team to remain on alert status and to continue to monitor the incident to ensure that response will be provided immediately. - See more at: http://www.dswd.gov.ph/2015/06/dswd-preps-relief-to-towns-around-mt-bulusan/#sthash.r8TrZGtR.dpuf |
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| GPH panel lauds Mindanao governors for helping kids of decommissioned MILF combatants | ||||||||||||
| Source: http://www.opapp.gov.ph | ||||||||||||
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Manila – Government panel member Senen Bacani today praised the
efforts of Maguindanao Governor Esmael Mangudadatu and North
Cotabato Governor Emmylou Taliño-Mendoza to extend educational
assistance to the children of decommissioned Moro Islamic
Liberation Front (MILF) combatants. “Marami ang gustong tumulong at maki-ambag para sa pagkakaroon ng tunay na kapayapaan at sa pagsiguro na ito ay mararamdaman ng mga kabataan. Nagpapasalamat tayo sa mga gaya ni Gov. Mangudadatu and Gov. Mendoza na nakikibahagi sa ating adhikain (Many want to help and to contribute in order to have genuine peace and that it is felt by the youth. We would like to thank the likes of Gov. Mangudadatu and Gov. Mendoza who are actively participating in our efforts),” expressed Bacani. The Maguindanao provincial government has a scholarship initiative called Maguindanao Program on Education Assistance and Community Empowerment (MagPEACE). Mangudadatu went on record and said that the kids of the decommissioned combatants who just graduated high school would be offered full college subsidy. Similarly, Gov. Mendoza offered the same under North Cotabato’s “Study Now, Pay Never” program. Both governors maintained that their scholarship programs were not dole outs. “Those availing themselves of it will have to pay it back when they find jobs after graduating so that funds will still be available for future scholars,” Mangudadatu told a newspaper. Mendoza, in the same report, explained that the scholars “do not have to pay us back with cash. They just have to render service for about two months.” The scholarship programs are not part of the socio-economic packages that were given to the 145 MILF combatants after they turned in their weapons to the Independent Decommissioning Body (IDB) in a ceremonial event last June 16. Bacani underscored the role of the local government units in sustaining peace efforts and called on all chief executives in the region to follow the lead of the two governors. "Ang edukasyon ay napakahalaga para sa isang mapayapa at magandang bukas ng ating mga kabataan. (Education is very important for a peaceful and better future for our children.) I hope our local executives will follow the lead of Governors Mangudadatu and Mendoza so that all children will be able to go to school and be empowered for better opportunities," he said. Bacani also noted that these initiatives show that the sincerity of the MILF to the peace process are now being recognized. “Unti-unti nakikita na natin ang bunga ng pagpapakita ng sinseridad ng MILF sa peace process. Marami ang tumutulong upang magkaroon ng isang magandang bukas ang mga kabataan ng Bangsamoro (We are slowly beginning to see the fruits of the MILF’s sincerity to the peace process. Many are helping to ensure a better tomorrow for the Bangsamoro youth). President Benigno S. Aquino III, in a speech delivered during the ceremonial decommissioning, called on every Filipino to help in ensuring a smooth transition of MILF fighters to civilian lives and for their families and communities to experience normalcy. “I believe that the process will only become easier from this point. Thus, I call on everyone: let us repay the trust they have shown us. Let us strive to reach the point in which we can say: We truly gave them every opportunity to change their lives and to reach their dreams,” said Aquino. |
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| Statement on the Drive to Boycott China-Made Products | ||||||||||||
| Source: http://www.dfa.gov.ph | ||||||||||||
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Both the Philippines and China have taken the position that the
South China Sea dispute should not be the sum total of their
relations. Our two countries have agreed to abstract the South
China Sea dispute for separate treatment and to allow the other
areas of our bilateral relations to move forward. The independent drive to boycott China-made products is an initiative of certain sectors in the Philippines and other parts of the world who are exercising their right to free expression. |
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| Philippines Announces Dates for The Third Apec Senior Officials’ Meeting (SOM3), Structural Reform, and Finance Ministerials | ||||||||||||
| Source: http://www.dfa.gov.ph | ||||||||||||
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19 June 2015 – The Philippines, as APEC 2015 Chair, will host
the Third APEC Senior Officials’ Meeting and Related Meetings
(SOM3) from August 22 to September 06 in Cebu. APEC Committees and Working Groups will meet again to discuss issues on trade and investment, services, counter-terrorism, automotive and chemical regulation, mining, illegal logging, intellectual property, customs procedures, standards and conformance, anti-corruption, electronic commerce, health and life sciences, disability issues, business mobility, and market access. A series of exhibits, workshops, and special events, including the Fifth High-Level Meeting on Health and the Economy, and the Symposium on Urbanization, are also lined up in the SOM3 schedule. As the last comprehensive Senior Officials’ Meeting before the APEC Leaders’ Summit in November, SOM3 will have an intensive 16-day meeting schedule. Committees and Working Groups are expected to continue discussions and initiatives from SOM2, such as APEC’s connectivity, services and MSME agenda, Internet economy, urbanization, and work towards the realization of a Free Trade Area of the Asia-Pacific (FTAAP). Immediately after SOM3, the Philippines will also host the Structural Reform Ministerial Meeting (SRMM) on September 07-08, and the Finance Ministerial Meeting (FMM) on September 10-11. The National Economic and Development Authority (NEDA) and the Department of Finance (DOF) will lead the SRMM and FMM, respectively. Both minister-level meetings will be held in Cebu. |
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| Baldoz encourages households to support observance of National Census Month | ||||||||||||
| Source: http://www.dole.gov.ph | ||||||||||||
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Labor and Employment Secretary Rosalinda Dimapilis-Baldoz
yesterday encouraged the public, especially the households, to
actively support the conduct of 2015 Census of Population which
is slated to start on August 1, and to cooperate in the
nationwide celebration of August as National Census Month. “The Population Census 2015, or POPCEN, is important to national development. We at the Department of Labor and Employment consider this undertaking as vital in the delivery of our services to the people. The census data help us in the sound formulation of policies and programs,” Baldoz said. According to the Philippine Statistical Authority (PSA), the 2015 Census of Population, which is a complete enumeration of households in the country, is designed primarily to take an inventory of the country’s population. It will also collect information about some characteristics of the population such as age, sex, marital status, and educational attainment. POPCEN 2015 will be the 14th census of population to be undertaken in the country since the first census in 1903. Moreover, it will be the 3rd population census to be conducted in between two decennial censuses. Previous to POPCEN 2015, mid-decade censuses were carried out in 1995 and 2007, the PSA had said. Baldoz also affirmed the POPCEN 2015’s aim to “provide government executives, policy and decision makers, and planners with population data, especially updated population counts of all barangays in the country, on which to base their social and economic development plans, policies, and programs.” “We are one with the PSA in this 2015 phase of population survey. The DOLE, as part of the Human Development and Poverty Reduction cluster of the government’s executive department, sees this undertaking as crucial to the attainment of an improved quality of life of the Filipinos, she said. The listing and enumeration for the POPCEN 2015 will last for about 25 working days (including Saturdays and holidays), from August 1 to 31, 2015, according the PSA. The uses of POPCEN data, according further to PSA, encompass all sectors. For the government, the data from this census will be vital for redistricting and apportioning congressional seats; allocation of resources and revenues; creation/conversion of political and administrative units; formulation of policies concerning various segments of the population (children, youth, elderly, women of reproductive age, voting age, and working age); and formulation of policies and programs relative to the delivery of basic services, such as health, education, employment, housing, infrastructure, disaster relief, and other socio-economic concerns. In business and industry, the data will be used for identification of sites for establishing businesses; determination of consumer demands for various goods and services; and improvement of supply of labor for the production of goods and services. Lastly, PSA said the census data will be also vital to research and academic institutions in their conduct of researches on population and related disciplines; and study of population growth and geographic distribution as bases in preparing population projections at the national and sub-national levels. |
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| MRT-3 prototype on schedule for mid-August arrival | ||||||||||||
| Source: http://www.dotc.gov.ph | ||||||||||||
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Dynamic Testing to Start in November; Monthly Deliveries Begin
in Jan. 2016
Returning from last week’s inspection of the manufacture of forty-eight (48) new light rail vehicles (LRVs) for the Metro Rail Transit III (MRT-3) system in Dalian, China, the Department of Transportation and Communications’ (DOTC) project implementation team reports on progress thus far. “As reported by the joint DOTC and MRT-3 team, the prototype is on-schedule for delivery in mid-August. The dynamic testing phase will start in November, which is when the prototype’s bogies will arrive,” said DOTC Secretary Jun Abaya.
“In the meantime, we will assemble the prototype and check its
components ahead of the dynamic testing. The monthly delivery of
three (3) train cars should start in late January 2016,” he
added.
The project implementation team indicates that the prototype
appears to be of good and reliable quality. Better traction
motors to incorporate alternating current (AC) technology was
used instead of direct current (DC) system presently being used,
which means less maintenance needs in the future.
“What is important to us is that the train cars, once delivered,
will be safe and reliable. So we prefer to be thorough with the
manufacture, assembly, checking, and testing of the prototype,”
Abaya remarked.
The working timeline for the DOTC and the MRT-3 is as follows:
No Truth to Reported MRT-3 “Excuse Letters”
Meanwhile, the DOTC and the MRT-3 Office deny reports that
“excuse letters” may be issued to passengers affected by train
glitches. At most, a copy of relevant incident reports may be
released to any requesting member of the general public for
whatever useful purposes this may serve, in line with the policy
of transparency.
The problems of the MRT-3 are being addressed by long-term
rehabilitation and improvement projects, such as the additional
train cars mentioned above; replacement of around 7,000 meters’
worth of rails, which may begin soon after their delivery within
the month; and others in the pipeline including the signaling
system replacement and rehabilitation of the system’s elevators
and escalators.
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| BSP Wins Global Forum on Remittances and Development (GFRD) Public Sector Award for 2015 | ||||||||||||
| Source: http://www.bsp.gov.ph | ||||||||||||
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The Bangko Sentral ng Pilipinas (BSP) is the winner of the
Global Forum on Remittances and Development (GFRD) Public Sector
Award for 2015 in recognition of its outstanding commitment,
innovation and impact in promoting remittances for social and
economic development through its Economic and Financial Learning
Program (BSP-EFLP). The GFRD 2015 Awarding Ceremony, held in Milan, Italy on 18 June 2015, recognizes best practices in the field of remittances and development. The forum is organized by the International Fund for Agricultural Development (IFAD, a specialized agency of the United Nations), the World Bank, and the European Commission. The BSP was nominated by Commission on Filipinos Overseas (CFO) Secretary Imelda Nicolas. “The CFO believes in the significant efforts of the BSP toward harnessing remittances for the country’s economic and social development. Indeed, the CFO has witnessed BSP’s focused cooperation with other Philippine government agencies, financial institutions and NGOs in continuously conducting economic and financial education for overseas Filipinos and their families,” she said. The EFLP is the BSP’s flagship iniative for financial inclusion that includes financial education, access to financial services and financial consumer protection. The program has been generating positive results. In particular, BSP Governor Amando M. Tetangco, Jr. cited overseas Filipinos and their beneficiaries for their continuing gains in developing good money habits such as saving and investing. He said: “The BSP’s Consumer Expectation Survey in the second quarter this year indicated that there were more households that used part of their remittances for investments while allocation for savings increased to 49.7 percent from only 7.2% in the first quarter in 2007.” A major component activity under the EFLP is the Financial Learning Campaign (FLC) for Overseas Filipinos (OFs) and their beneficiaries which is targeted specifically for remittance recipients. By highlighting the importance of using remittances to build savings and directing these to productive investments in financial instruments and business ventures, the FLC-OF aims to reinforce the positive and beneficial effects of remittances for the socio-economic well-being of the overseas Filipinos and their families. Specifically, topics discussed during FLC-OF roadshows include: (a) the importance of remittances; (b) financial planning; (c) rewards and risks associated with various financial instruments; and, (d) ways to protect remittances and savings. The other components of the EFLP include the 1) "Be Up to Speed on BSP" - Public Information Campaign (PIC) on the Role of the BSP in the Philippine Economy, 2) Users' Forum (UF) on BSP-Produced Statistics, 3) Conference on Gearing Up for External Competitiveness, 4) Financial Education Expo for students and the workforce, 5) Financial literacy for the unbanked including recipients of the government’s conditional cash transfer program, and 6) learning events of the BSP regional offices and branches nationwide. The implementation of various component learning programs under the EFLP has reached 80 out of 81 or 98.8 percent of the country’s provinces through more than 6,000 learning events, educating and positively affecting the lives of over 670,000 participants. A number of sessions, particularly the FLC-OF program, had also been conducted in countries with large concentration of overseas Filipinos such as Hong Kong, Singapore, South Korea, Japan, Saudi Arabia, Bahrain, Qatar, Italy, and the United Kingdom. |
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| DTI to boost PHL startups at Slingshot MNL | ||||||||||||
| Source: http://www.dti.gov.ph | ||||||||||||
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In line with its advocacy to bring small businesses in the front
and center of global and regional trade, the Department of Trade
and Industry (DTI) in partnership with the Philippine startup
community have organized Slinshot MNL, a conference featuring
top international figures in the field of startups. “Equitable and inclusive growth can only be attained when an enabling environment promotes the full participation of micro and small enterprises (MSEs) in global trade,” DTI Secretary Gregory L. Domingo said. Domingo, as the chair of the recent APEC 2015 Ministers Responsible for Trade (MRT) have steadfastly advocated for MSEs as integral parts in the country’s pursuit to enhance regional economic integration and in the attainment of equitable and inclusive growth. Domingo noted that when MSEs, which comprise the bulk of manufacturing and commercial establishments, are effectively sidelined, equitable and inclusive growth becomes a myth. “In organizing Slingshot MNL, we aim to gather promising startups in the region and present them potential mentors, investors, and business partners,” DTI-Industry Promotions Group (IPG) Undersecretary Ponciano C. Manalo Jr. said. Manalo added that through this event and continuing efforts to back MSEs, DTI is confident to establish and develop the next generation of world-changing companies in the Pacific Rim. SlingshotMNL will take place on from 06 to 07 July 2015 at the Philippine International Convention Center (PICC) in Manila. This two-day conference will feature discussions with leading figures in the international startup community like Startup Chile founder Nicolas Shea, Hugh Mason from leading Asian investment firm JFDI Asia, and Professor Richard Dasher from Stanford’s Graduate School of Business. The conference will also display the products and services of local startups. Apart from plenary sessions, workshops, and fireside chats, it will also feature a pitching competition and a lineup of local startup exhibitors. The conference will also be attended by heads of industry, startup incubators, business accelerators, investment and venture capital firms from the United States, Latin America, and Asia, as well as successful startup businesses such as UBER, GrabTaxi, Ashoka, Rags2Riches, and AirBnb. The startup label is currently used to describe young companies with cultures centered on growth, dynamism, and innovation, and business models designed to quickly expand their market. Despite the sheen of technology and innovation, startups are still small businesses faced by the challenges of other micro, small and medium enterprises (MSMES). SlingshotMNL is set to cover a variety of topics to help startups engage meaningfully in international trade. These topics include understanding hubs of innovation, opportunities in tech startup investing, redefining scale in the global market place, impact entrepreneurship; startup ecosystem support, and the role of universities in the startup community. “At the heart of every successful startup is a great idea. Slingshot MNL will be a showcase of the greatest of those ideas –a showcase of the incredible things that have already been achieved by startups, and of all that we can still achieve together,” Earl Martin Valencia, co-founder and President of IdeaSpace Foundation, an accelerator for Philippine tech startups. Registration for SlingshotMNL is free. Slots are limited and priority is given to startups and relevant stakeholders in the startup ecosystem. Interested parties may register at http://www.slingshotmnl.org/. Updates will be posted on https://twitter.com/slingshotmnl. |
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| DOST testing facility to speed up auto industry | ||||||||||||
| Source: http://www.dost.gov.ph | ||||||||||||
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The Department of Science and Technology (DOST) is looking to
accelerate the growth of the local automotive industry by
helping it to produce high-quality auto parts. DOST’s Metals Industry Research and Development Center (MIRDC) recently launched its Auto-Parts Testing Facility in Bicutan, Taguig as part of the week-long celebration of Metals and Engineering or M&E Week. The facility will serve as a testing center for local parts manufacturers so that expenses incurred from overseas testing will be minimized. Housed within the facility are more than 30 pieces of equipment performing different testing services for automotive and other metal-related industries, such as hardness measurement of metallic material and rubber, thickness measurement for base metal, simulated crash analysis, tire endurance testing, and accelerated corrosion tests. “The reason why this project was conceptualized is to address the challenges faced by the automotive industry firms, both assemblers and parts manufacturers, in terms of product improvement” said Engr. Florante Catalan, chief of MIRDC’s physical laboratory section. According to him, the Philippine automotive industry is relatively small when compared to its ASEAN neighbors in terms of number of players and their production size. Thus, there is a need for government not to hit the brakes on the industry’s growth, but instead accelerate its technological advancement. Catalan also pointed out that the One ASEAN “policy that is implemented starting this year is one of the major reasons why this project was developed. Local parts manufacturers shall be able to produce products with high quality at a competitive cost against imported automotive parts and components manufacturers from other ASEAN member countries.” During M&E Week, DOST also signed a Memorandum of Understanding with the Motorcycle Development Program Participants Association, Inc., Motor Vehicle Parts Manufacturers Association of the Philippines, and Mechatronics and Robotics Society of the Philippines as the Department’s newest partners under its MakiBayan initiative. Short for “Makinarya at Teknolohiya para sa Bayan,” MakiBayan aims to spur the growth of the metalwork and related industries by providing a roadmap outlining R&D thrusts for the industry to achieve more sustained growth and overall development. For more information about the Auto-Parts Testing Facility, send an email at mirdc.dost.gov.ph or call 838-78-78. |
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| Roxas leads integrated planning meet for One Negros | ||||||||||||
| Source: http://www.dilg.gov.ph | ||||||||||||
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Secretary of the Interior and Local Government Mar Roxas led the
first integrated planning meeting to ensure inclusive growth in
the Negros Island Region (NIR), held in Quezon City last Friday. According to Roxas, integrated planning, which will happen through proper coordination between the Negros Occidental and Negros Oriental, can promote inclusive growth in the region and help the local government avoid inefficient and unfinished projects. “Sa ganoong paraan ay mapapabilis ‘yung mga planning, execution, implementation ng mga development projects sa Negros Island,” Roxas said. To achieve this, Roxas and the Technical Working Group (TWG) sorted all government agencies under the NIR based on their function. Representatives from two provinces have strategically decided the placement of these clustered government offices across the NIR in a way that will guarantee everyone better access to state services, further improving the quality of life in the region. “Since integrated ang mga proyekto, ang mga kalye tuloy tuloy, ang irrigasyon tuloy tuloy. Magiging coordinated ang planning dito,” Roxas said, referring to the socioeconomic development plans in the NIR. The NIR will also establish its own Regional Development Council (RDC), Regional Peace and Order Council (RPOC), and Regional Disaster Risk Reduction Management (DRRM) Council, which will focus on the development and stability of the island. This is in stark contrast with the provinces’ previous situation, where their constituents and local officials had to go to another island before they could reach their respective regional government offices. The lack of public investment was also the reason why the island of Negros is a poverty-stricken area, with a 50.9% poverty rate in Negros Oriental and 34.2% in Negros Occidental. To remedy this, President Aquino recently signed Executive Order no. 183 to pursue faster and more efficient delivery of basic government services, as well as to strengthen social and cultural unity between the two provinces. “Malaking bagay ito upang mapabilis ang pag-iimplement natin ng E.O. 183. Malayo na ang nararating natin, at kung patuloy tayo dito sa Daang Matuwid, mas malayo pa at mas mabilis pa nating mararating ang magandang bukas na inaasam-asam natin,” Roxas said. |
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| More than a thousand 'BOSSES' benefit from public services fair in Laguna | ||||||||||||
| Source: http://www.dilg.gov.ph | ||||||||||||
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Secretary of the Interior and Local Government Mar Roxas
personally helped provide more than a thousand residents of
Cabuyao City, Laguna, with various forms of government
assistance during the fair organized by the Koalisyon ng
Mamamayan para sa Reporma (KOMPRe) last Friday (June 19). With the theme "Ipadama ang Reporma," the fair was held at the Southville 1 Elementary School in partnership with Technical Educationa and Skills Development Authority (TESDA), Social Security System (SSS), Phil. Charity Sweepstakes Office (PCSO), PhilHealth Insurance, Departments of Labor and Employment (DOLE), the Interior and Local Government (DILG), Education (DepEd), Social Welfare and Development (DSWD), Justice (DOJ), and Health, (DOH), and the Commission on Elections (COMELEC). A total of five wheelchairs were distributed to pre-selected beneficiaries. Roxas also instructed the PCSO to ensure that two physically-challenged participants be given assistance: John Mark Pajarito for surgery, and Feliciana Fortadez for medical assistance. In his message, Roxas assured the participants that that whole of government is working tirelessly to cater to the needs of the people. "Andiyan ang whole of government approach, nakatutok sa bawat isa sa inyo," he said. He also emphasized that Pres. Aquino’s Daang Matuwid is not just propaganda. "Ito ay hindi lang slogan, hindi lang sa pananalita, kundi tumutotoo sa ’kayo ang Boss’," Roxas stressed. The DILG chief also took the opportunity to explain the rationale behind the K-12 program to the parents present. He said prior to the implementation of the program, students in public schools only attend a total of ten years of primary and secondary levels, in contrast to the 12 years required from their counterparts in the private schools. "Sa K-12, pinapantay natin ang laban para mahirap man o mayaman, 12 taon, para hindi na madedehado sa kaalaman ang ating mga kabataan," Roxas explained. |
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| Philippines Touts Investment Opportunities in Infrastructure | ||||||||||||
| Source: http://www.dof.gov.ph | ||||||||||||
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Philippine Investment and Infrastructure Roadshow Flies to the
United States 24-29 June Philippine Ambassador to the United States of America H.E. Jose L. Cuisia, Jr., together with the Department of Finance/Bureau of the Treasury, are organizing the Philippine Investment and Infrastructure Roadshow to be held this 24-29 June 2015. The theme, “Invest in the Philippines: Asia’s Bright Spot,” will serve to highlight the Philippines’ status as one of the best performing economies in Asia amid keen investor interest in opportunities in infrastructure and other growth areas. “As a pillar of Philippine foreign policy, economic diplomacy is a powerful tool for strengthening our relations with international partners and advancing our national interest overseas. Indeed, this Roadshow reflects the great importance attached by the Philippine Government to building dynamic, mutually-beneficial, and long-term engagements with the United States and other important trading partners,” Ambassador Cuisia stated. Finance Secretary Cesar V. Purisima said, “Drawing high-quality investments in key areas of opportunity like infrastructure is a win-win for both the Philippines and foreign investors. This is a fundamental component of our strategy as we build better infrastructure to support the growing mobility and connectivity needs of a booming population.” Covering Washington D.C., New York City, and San Francisco, the team will be joined by Trade and Industry Secretary Gregory Domingo, Public Works and Highways Secretary Rogelio Singson, Transportation and Communications Undersecretary Rene Limcaoco, Public-Private Partnership Center Executive Director Cosette Canilao, and Bases Conversion and Development Authority President Arnel Casanova, among others. The private sector will also be represented by National Competitiveness Council Co-Chairman Guillermo Luz and other senior executives from Philippine companies. The roadshow will showcase the Philippines’ accelerating economy and bullish outlook on the back the government’s good governance agenda. The roadshow will highlight the country’s story of growth, resilience, and stability to entice investors looking for ripe opportunities in the up-and-coming tiger economy of Asia. Infrastructure development has always been a key priority of the administration, with the Philippines on track to reach infrastructure spending equivalent to 5% of GDP by 2016. The Philippine Investment and Infrastructure Roadshow is crucial to the nation’s progress as it will help draw high-quality foreign investments. Potential investors are expected to enhance our country’s development with resources, technical expertise, and technology. “We bring our story of robust macroeconomic fundamentals as our best selling point as we tour the United States and connect with potential investors. American investors will find that our story of growth is buttressed by stability and prudence. We continue to bring our story of improving fiscal strength abroad in looking for reliable partners who wish to invest in the Philippines’ future,” Purisima added. |
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| Finance Secretary Cesar V. Purisima Highlights Strength of Philippine Economy and Capital Mark | ||||||||||||
| Source: http://www.dof.gov.ph | ||||||||||||
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Purisima at the FinanceAsia Philippines Capital Markets Forum in
Hong Kong Today 23 June 2015– Finance Secretary Cesar V. Purisima gives the opening address today at the Philippines Capital Markets Forum in Hong Kong. Speaking about “The Philippines Today,” Purisima opens a day-long discussion on the Philippine economy and the strength of its capital markets. Treasurer of the Philippines Roberto B. Tan is set to deliver the opening remarks a few hours after, on “What the ASEAN Economic Community Really Means for the Philippine Capital Markets.” Panel discussions will focus on mapping the economic growth of the Philippines, including risks, regulatory landscape, and the marcoeconomic environment. The impact of US interest rates, as well as corporate and sovereign financing requirements will also be covered. Purisima’s speech recalls how the Philippines executed its first global USD transaction for the year last January 2015 with an accelerated “Switch” tender offer exercise. Purisima also gives key highlights on Philippine bond markets in his remarks. Compared to peers, Purisima gives data showing that the size of the Philippines’ local currency government bond market is at 31% of GDO or USD 87.09 billion at the end of 2014. While the same size of local currency government bonds was retained, investment grade ratings were achieved due to proactive debt management, fiscal reforms, and the President’s good governance is good economics governing philosophy. Meanwhile, the size of the local currency corporate bond market in 2009 was only at USD 7.61 billion, or 4.38% of GDP. By end-2014, this has increased by 123% to USD 17 billion, or 6% of GDP. Corporates are also borrowing longer from the markets. From 2000 to 2010, the total corporate bonds with maturities greater than 10 years was at 0.62% of the total. As of December 2014, the figure has increased to 8.05% of total. “The banking system shows a similar story, improving indicators on all fronts, thanks to the management of the Bangko Sentral ng Pilipinas or the Central Bank under Gov. Tetangco. The Philippines and the region can grow even further, and can deepen and strengthen our capital markets through our proposed Cebu Action Plan that will be the key output of this year’s APEC Finance Ministers’ Process,” Purisima said. The Cebu Action Plan (CAP) is a 4-pillar roadmap for APEC member economies, promoting financial integration and inclusion, advancing fiscal transparency and reforms, enhancing fiscal resiliency, and accelerating infrastructure development and financing. The CAP stands to be one of the Philippines’ flagship initiatives in the region’s bid for more inclusive and sustainable economies as the country hosts the APEC meetings this year. The FinanceAsia event will also touch on opening up the bond market, and will take a look at which sectors will see the most activity in the near-term horizon. The Philippines will also be featured as Asia’s M&A destination while experts discuss the policy and regulatory environments behind M&A, as well as the outlook for funding acquisitions. Developments in the Philippine equity market and in improving corporate governance will also be recapped with fund managers and investors discussing the role of private equity in tomorrow’s market. The day is expected to close with an interactive Q&A with some of Asia’s major investors into the Philippines, covering the reasons behind the Philippines’ attractiveness, and how Filipino corporations are connecting with key business partners abroad. |
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| PDIC to continue processing claims of Community Rural Bank of Magsaysay (Davao del Sur) depositors | ||||||||||||
| Source: http://www.dotc.gov.ph | ||||||||||||
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http://www.pdic.gov.ph/index.php?nid1=8&nid2=1&nid=100730&pdate=2015-06-23 The Philippine Deposit Insurance Corporation (PDIC) announced that it will continue to receive and process deposit insurance claims from depositors of the closed Community Rural Bank of Magsaysay (Davao del Sur), Inc. at the PDIC Claims Counter, 4th Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino Street, Makati City until May 8, 2017. Claims may also be filed through mail. Community Rural Bank of Magsaysay, which was ordered closed on May 7, 2015, has P5.7 million in total estimated insured deposits involving 767 accounts. A total of P3.1 million in insured deposits covering 41 accounts was paid during the onsite claim settlement operations (CSO). Another P1.1 million was settled thru postal money orders sent via registered mail to 358 accounts of depositors with balances of P50,000 and below where filing of claims was waived by PDIC. As of May 21, 2015, PDIC has yet to receive deposit insurance claims for P1.0 million covering 364 accounts. In accordance with the provisions of the PDIC Charter, the last day for filing deposit insurance claims in the said bank is on May 8, 2017. After said date, PDIC shall no longer accept any deposit insurance claim. When filing deposit insurance claims, depositors are advised to personally present their duly accomplished Claim Form, original evidence of deposit, and two (2) valid photo-bearing IDs with signature. The same set of documents must be enclosed when claims are filed through mail. Depositors who are below 18 years old should submit either a photocopy of their Birth Certificate issued by the National Statistics Office (NSO) or a duly certified copy issued by the Local Civil Registrar as an additional requirement, with the Claim Form signed by the parent. Claimants who are not the signatories in the bank records are required to submit an original copy of a notarized Special Power of Attorney. In the case of a minor depositor, the Special Power of Attorney must be executed by the parent. The procedures and requirements for filing deposit insurance claims are posted in the PDIC website, www.pdic.gov.ph. The Claim Form and format of the Special Power of Attorney may also be downloaded from the PDIC website. For more information, depositors may contact the Public Assistance Department at telephone numbers (02) 841-4630 to 31, or e-mail at pad@pdic.gov.ph. Depositors outside Metro Manila may call the PDIC Toll Free Hotline at 1-800-1-888-PDIC (7342). |
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| Ex-cop facing graft case arrested by authorities | ||||||||||||
| Source: http://pnp.gov.ph | ||||||||||||
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"After two (2) years of hiding, a former member of the
Philippine National Police (PNP) was arrested by the detectives
of 13th Regional Criminal Investigation and Detection Group, led
by its Regional Chief PSupt Randy Glenn Silvio, following a
drug-bust operation conducted at Port Poyohan, Butuan City on
June 21, 2015 at 1:30AM" Police Director Benjamin D Magalong,
Director, CIDG said. Director Magalong told that ex-cop, Avensuel Go y Dy, 41, married and a resident of M. Calo Street, Butuan City, was arrested while detective of CIDG were clearing the place of operation in relation to the drug bust, arrived at the area and was immediately recognized by the operating team from CIDG and Butuan Police. Go was easily identified as he was being monitored since October 2013 by PCI Ignacio Gamba III and his team who was tasked to track down and arrest him. The accused was captured on the strength of warrants of arrest for the crime of Falsification of Public Document under Article 171 Para 4, RPC under CC number SB-12-CRM-0167 and violation of Section 3 of RA 3019 (Anti-Graft Charges) under Criminal Case number SB-12-CRM-0164, both issued on 2013 by Chair Person Roland B. Jurado of 5th Division, SANDIGANBAYAN, Commonwealth Avenue, Quezon City. Director Magalong added that Go is one of the accused in a shady police helicopter deal wherein the Philippine National Police (PNP) purchased second-hand helicopters which were sold as brand new to the said agency for Php 34.6 million in 2009. Presently, the suspect is detained in the detention cell of CIDG Butuan City prior to his turn over to the issuing court. |
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| June 2015 Architect Licensure Examination results released in five (5) working days | ||||||||||||
| Source: http://www.prc.gov.ph | ||||||||||||
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The Professional Regulation Commission (PRC) announces that
1,201 out of 1,964 passed the Architect Licensure Examination
(ALE) given by the Board of Architecture headed by its Chairman,
Arch. Rolando L. Cordero and board member, Arch. Fidel Jose R.
Siapno. The examination was held in Manila, Cebu and Legazpi
this June 12 and 14, 2015. The results were released in five (5) working days after the last day of examination. Registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will be on July 9, 10 and 13, 2015. Those who will register are required to bring the following: duly accomplished Oath Form or Panunumpa ng Propesyonal, current Community Tax Certificate (cedula), 1 piece passport size picture (colored with white background and complete name tag), 2 sets of metered documentary stamps and 1 short brown envelope with name and profession and to pay the Initial Registration Fee of P600 and Annual Registration Fee of P450 for 2015-2018. Successful examinees should personally register and sign in the Roster of Registered Professionals. The date and venue for the mass oathtaking of the successful examinees in the said licensure examination WILL BE ANNOUNCED LATER. |
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| MB places Siargao Bank (A Rural Bank), Inc. under PDIC receivership, all valid insured deposit claims will be paid | ||||||||||||
| Source: http://www.pdic.gov.ph | ||||||||||||
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The Monetary Board (MB) placed Siargao Bank (A Rural Bank), Inc.
under the receivership of the Philippine Deposit Insurance
Corporation (PDIC) by virtue of MB Resolution No. 919.B dated
June 11, 2015. As Receiver, PDIC took over the bank on June 15,
2015. Siargao Bank is a three-unit rural bank with Head Office located at 03406 Jose C. Sering Bldg., Borromeo St., Surigao City, Surigao del Norte. Based on the Bank Information Sheet filed with the PDIC as of December 31, 2014, the bank is owned by John and Nanette S. Wright (19.09%), Socorro L. Sering (18.58%), Eugene Razon and Jacqueline Sering (18.54%), Mary Ann Lucille L. Sering (13.46%), Joseph Calderon and Remedios Sering (10.64%) and Vert Bleu Acquisitions, Inc. (2.78%). The Bank's President is Nanette S. Wright and its Chairman is Remedios S. Calderon. Latest available records show that as of March 31, 2015, Siargao Bank had 9,739 accounts with total deposit liabilities of P116.9 million. Total insured deposits amounted to P112.6 million or 96.4% of total deposits. PDIC said that during the takeover, all bank records shall be gathered, verified and validated. The state deposit insurer assured depositors that all valid deposits shall be paid up to the maximum deposit insurance coverage of P500,000.00. Depositors with valid deposit accounts with balances of P50,000.00 and below need not file deposit insurance claims, except when they have outstanding obligations with Siargao Bank or acted as co-makers of these obligations, and have incomplete and/or have not updated their addresses with the bank. PDIC targets to start mailing payments to these depositors at their addresses recorded in the bank by the first week of July. Depositors may update their addresses until June 25, 2015 using the Mailing Address Update Forms to be distributed by PDIC representatives at the bank premises. For depositors that are required to file deposit insurance claims, the PDIC targets to start claims settlement operations for these accounts by the second week of July. The PDIC also announced that it will conduct a Depositors-Borrowers Forum on June 26 and 29, 2015 to inform depositors of the requirements and procedures for filing deposit insurance claims. The time and venue of the Forum will be posted in the bank premises and announced in the PDIC website, www.pdic.gov.ph. Likewise, the schedule of the claims settlement operations, as well as the requirements and procedures for filing claims will be announced through notices to be posted in the bank premises, other public places and the PDIC website. For more information, depositors may communicate with PDIC Public Assistance personnel stationed at the bank premises. They may also call the PDIC Toll Free Hotline at 1-800-1-888-PDIC (7342), the PDIC Public Assistance Hotlines at (02) 841-4630 to (02) 841-4631, or send their e-mail to pad@pdic.gov.ph. |
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| Philippines gains ground on public financial management reforms | ||||||||||||
| Source: http://www.coa.gov.ph | ||||||||||||
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Quezon City – The Philippines is gaining considerable ground in
improving its public financial management system through
programs that allow the government timely and accurate reporting
of actual budget spending, accounting and auditing rules that
adhere to international standards, and a broader and deeper
citizen engagement in the budget process. These reforms highlighted the Brown Bag Session on Public Financial Management (PFM) hosted by the Commission on Audit (COA) in coordination with the Department of Budget and Management (DBM) and the Philippines-Australia Public Financial Management Program (PFMP) held at the COA Professional and Institutional Development Sector Auditorium on June 16, 2015. The event updated 100 COA top executives led by COA Chairperson Michael G. Aguinaldo and Commissioners Heidi L. Mendoza and Jose A. Fabia, as well as auditors and support staff on the progress achieved by the PFM Reform Program which aims to improve efficiency, accountability and transparency in public fund use in order to ensure the direct, immediate, substantial and economic delivery of public services. COA, the DBM, the Department of Finance (DOF) and the Bureau of the Treasury (BTr) are the four principal government agencies leading the PFM reform program with support from the Australian Department of Foreign Affairs and Trade (DFAT). Among these reforms are the implementation in 2014 of the Unified Account Code Structure (UACS) that enables a budget tracking system to ensure that public spending is within means and on the right programs and that services are delivered to actual beneficiaries; and the adoption in 2013 of the Revised Chart of Accounts (RCA) for National Government Agencies to support the UACS and to enhance accountability and transparency of financial reports. As one of the four principals, COA adopted 25 Philippine Public Sector Accounting Standards (PPSAS), enhanced the Electronic New Government Accounting System, and conducted capacity building and training on PPSAS and RCA, among other accomplishments. COA also issued Circular No. 2015-001 on January 29, 2015 directing government agencies to revert cash balances of all dormant accounts, and unnecessary special and trust funds to the General Fund, a move which saved government billions of pesos. Chairperson Aguinaldo acknowledged the contribution of all the principals involved in the program. “All of our accomplishments are possible only because of the hard work and commitment of our COA officials, auditors and support staff as well as our counterparts in the DBM, the DOF and the BTr and the support of the DFAT,” Chairperson Aguinaldo said. “We look forward to continue working with all of you as we are moving into the implementation stage of the PFM road map. May our shared endeavors enhance transparency, accountability and citizen participation in governance and lead to poverty alleviation that is felt by the common Filipino,” he added. The PFM Reform roadmap is now moving forward into the implementation stage and looking at ways to sustain the reforms initiated. “PFMP is supporting the Philippine government to implement and institutionalize new practices and realise reform benefits,” PFMP Team Leader and DFAT Counsellor Daniel Featherston said. Other speakers at the session were DBM Undersecretary and PFM Committee Chair Richard E. Moya who gave updates on the PFM Reforms in the Philippines and COA Assistant Commissioner Lourdes M. Castillo who talked about Accounting and Auditing Reforms. Commissioner Fabia closed the program. The PFM Brown Bag Session is part of a communications outreach to inform government staff about updates on the reform program. Originally, a “brown bag” refers to the packed lunch meals that participants or organizers bring along to an informal meeting held during lunch break. Over time, the term has been loosely used to refer to a short, informal meeting, training or presentation that happens in the workplace. |
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| MMDA Chair Tolentino gets highest Performance Ratings in NCR in Pulse Asia poll | ||||||||||||
| Source: http://www.mmda.gov.ph | ||||||||||||
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Metropolitan Manila Development Authority (MMDA) Chairman
Francis Tolentino, who has not declared his intention to run for
higher office in 2016, has garnered 94 percent awareness and 70
percent performance ratings in the latest Pulse Asia Survey of
incumbent government officials in the National Capital Region
(NCR), where the MMDA is based with only four (4) percent
disapproval rating. Results from Show and Read Rating Board conducted by Pulse Asia Research, Inc. as to the opinion of NCR residents on the performance of government officials showed that they are more than satisfied with the performance of Tolentino as MMDA chairperson, observers said. Reacting to the results, Tolentino said he is humbled by these developments and is equally flattered by the surge of text messages from people from all walks of life that he is one of the most credible officials in government today. “Hand-in-hand with those praises, I have endured the brickbats being thrown my way for every well-meaning effort that I take. This is not mine alone but also of the good performance of the MMDA.” he said adding that it has dawned on him that these are part and parcel of public office. Across demographic areas and socio-economic classes, the MMDA chief garnered the highest 73 percent awareness and approval in performance ratings from class D stratum. Among those in Class ABC, 68 percent approved of Tolentino’s job performance. As to gender, male respondents gave him 72 percent approval and 69 percent from females. |
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