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THE Department of Migrant Workers (DMW) on Saturday, March 23, 2024, said there have been no overseas Filipino workers (OFW) that were hurt in the latest terrorist attack in Moscow, Russia. In a social media post, DMW Officer-in-Charge Undersecretary Hans Leo Cacdac said they had received information that no Filipinos were hurt during the incident. "We received information from Usec Ed de Vega of the Department of Foreign Affairs that no Filipino was hurt in the latest terrorist attack in a concert hall in Moscow," said Cacdac. Nevertheless, the official said they are one with the families of the victims of the latest terror act. "Our deepest sympathies and prayers for the families of the victims of the attack," said Cacdac.On Friday, members of the Islamic State (IS) attacked a concert hall in Moscow leading to the killing of over 60 people, while injuring more than 100 others.The Islamic State group subsequently claimed responsibility for the attack, which also led to the concert hall going down in flames.DMW data shows there are about 10,000 OFWs in Russia. (HDT/SunStar Philippines) What are the 5 types of online gaming? Philippines IN A bid to sustain the country’s current growth momentum and make its economy stronger, President Ferdinand “Bongbong” Marcos Jr. said his administration is focusing on re-skilling and upskilling the Philippines’ workforce, enhancing efforts to adapt to new technologies and attracting more investments.During the question and answer session of the World Economic Forum (WEF) on East Asia at Malacañang on Tuesday, March 19, 2024, with WEF President Børge Brende, Marcos raised the need for Filipino laborers to improve their competitiveness and keep up with the advancements under the new economy, both domestically and internationally.“Whenever we speak on investments I always ask the prospective investor if we have in fact a training program, if there is a transfer of technology, because this is going to be essential,” he said.“This continuous training and upskilling of our workers is conducted not only so that they are able to work in the areas that are important in the new economy. And also we have a very significant part of our economy is dependent on our overseas workers,” he added.Marcos said they are also paying attention to directing investment properly to ensure that it actually helps the country’s economic growth.“We now move on with the initiatives that we would like to introduce. And those are, what I spoke of in my speech, the investment that comes from private partners (but) government to government investments are also something that we are hoping to increase,” the President said.“And these investments also must be directed properly. They cannot be just investments that are perhaps very profitable but do not really help the economy grow. So [it] is still the main aim. I think, we [have] grown the idea… that we grow the economy out of the doldrums of the post-pandemic situation,” he added.Capital investment in new sectors will also be key, Marcos said, citing investments in digital space, new technologies and industries such as green minerals processing and battery production.In his speech during the WEF, Marcos highlighted the reforms his administration instituted for economic development and the ease of doing business in the Philippines to entice more investors to put up or expand their businesses in the country.He noted the revised implementing rules and regulations (IRR) of the Build-Operate-Transfer Law followed by the revisions of the Public-Private Partnerships (PPP) Code.He reiterated that now is the right time for foreign investors to invest in the country, saying that “our economic liberalization measures signal the dawn of a new era of investments here in the Philippines.”“Clearly, the Philippines is in a prime position to enter into a sustained period of robust economic expansion over the next couple of years,” Marcos said.“I extend an invitation to our guests and partners here today to join us in this exciting new phase. The members of the economic team are here today ready to discuss those opportunities that I speak of in greater depth,” he added.Marcos highlighted the 185 Infrastructure Flagship Projects, which offer high rates of return and benefit from a streamlined process. These projects strategically target important sectors for sustainable development in the Philippines, including physical and digital connectivity, agriculture, energy, health, and climate-resilient infrastructure.He also noted that investments, particularly in durable equipment and public construction, emerged as a key driver in the full-year growth of the Philippine economy.The WEF Country Roundtable in the Philippines is the first high-level to be convened in the Asia-Pacific region since the end of the pandemic.OptimismBrende said it was the result of Marcos’ participation in the WEF in Switzerland in January last year that created a lot of interest and optimism in the Philippines.“There is a lot of optimism in the Philippines but also around the Philippines globally. We had a dialogue there and it was very, very well-received and a lot of companies that are partners with the World Economic Forum said that they would like to have a roundtable, to meet with the Filipino secretaries, [and] also to meet with President Marcos,” he said in a press conference.“Go a little bit deeper on the reforms and outlook for the Philippines and since then, in one and a half years’ time, the economy here has really shown how resilient it is,” he added.Brende expressed belief that if the Philippines continues its current policy reforms, upgrading infrastructure, as well as investing in renewables and other areas, it will continue to grow and could remain bullish.“I think that this can be in the coming decade, US$ 2 trillion economy if there are foreign investments in education, in infrastructure, and also able to draw on the great [competence] of the people of the Philippines,” he said.“The youth is considerable. There [are] also opportunities when it comes to the knowledge-based economy because it’s a big change, it’s a paradigm change we face right now. Productivity can be increased by 30 percent in the coming decade. So if we want to see continued economic growth you have to be part of the intelligence economy,” he added. (SunStar Philippines)

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IN A bid to sustain the country’s current growth momentum and make its economy stronger, President Ferdinand “Bongbong” Marcos Jr. said his administration is focusing on re-skilling and upskilling the Philippines’ workforce, enhancing efforts to adapt to new technologies and attracting more investments.During the question and answer session of the World Economic Forum (WEF) on East Asia at Malacañang on Tuesday, March 19, 2024, with WEF President Børge Brende, Marcos raised the need for Filipino laborers to improve their competitiveness and keep up with the advancements under the new economy, both domestically and internationally.“Whenever we speak on investments I always ask the prospective investor if we have in fact a training program, if there is a transfer of technology, because this is going to be essential,” he said.“This continuous training and upskilling of our workers is conducted not only so that they are able to work in the areas that are important in the new economy. And also we have a very significant part of our economy is dependent on our overseas workers,” he added.Marcos said they are also paying attention to directing investment properly to ensure that it actually helps the country’s economic growth.“We now move on with the initiatives that we would like to introduce. And those are, what I spoke of in my speech, the investment that comes from private partners (but) government to government investments are also something that we are hoping to increase,” the President said.“And these investments also must be directed properly. They cannot be just investments that are perhaps very profitable but do not really help the economy grow. So [it] is still the main aim. I think, we [have] grown the idea… that we grow the economy out of the doldrums of the post-pandemic situation,” he added.Capital investment in new sectors will also be key, Marcos said, citing investments in digital space, new technologies and industries such as green minerals processing and battery production.In his speech during the WEF, Marcos highlighted the reforms his administration instituted for economic development and the ease of doing business in the Philippines to entice more investors to put up or expand their businesses in the country.He noted the revised implementing rules and regulations (IRR) of the Build-Operate-Transfer Law followed by the revisions of the Public-Private Partnerships (PPP) Code.He reiterated that now is the right time for foreign investors to invest in the country, saying that “our economic liberalization measures signal the dawn of a new era of investments here in the Philippines.”“Clearly, the Philippines is in a prime position to enter into a sustained period of robust economic expansion over the next couple of years,” Marcos said.“I extend an invitation to our guests and partners here today to join us in this exciting new phase. The members of the economic team are here today ready to discuss those opportunities that I speak of in greater depth,” he added.Marcos highlighted the 185 Infrastructure Flagship Projects, which offer high rates of return and benefit from a streamlined process. These projects strategically target important sectors for sustainable development in the Philippines, including physical and digital connectivity, agriculture, energy, health, and climate-resilient infrastructure.He also noted that investments, particularly in durable equipment and public construction, emerged as a key driver in the full-year growth of the Philippine economy.The WEF Country Roundtable in the Philippines is the first high-level to be convened in the Asia-Pacific region since the end of the pandemic.OptimismBrende said it was the result of Marcos’ participation in the WEF in Switzerland in January last year that created a lot of interest and optimism in the Philippines.“There is a lot of optimism in the Philippines but also around the Philippines globally. We had a dialogue there and it was very, very well-received and a lot of companies that are partners with the World Economic Forum said that they would like to have a roundtable, to meet with the Filipino secretaries, [and] also to meet with President Marcos,” he said in a press conference.“Go a little bit deeper on the reforms and outlook for the Philippines and since then, in one and a half years’ time, the economy here has really shown how resilient it is,” he added.Brende expressed belief that if the Philippines continues its current policy reforms, upgrading infrastructure, as well as investing in renewables and other areas, it will continue to grow and could remain bullish.“I think that this can be in the coming decade, US$ 2 trillion economy if there are foreign investments in education, in infrastructure, and also able to draw on the great [competence] of the people of the Philippines,” he said.“The youth is considerable. There [are] also opportunities when it comes to the knowledge-based economy because it’s a big change, it’s a paradigm change we face right now. Productivity can be increased by 30 percent in the coming decade. So if we want to see continued economic growth you have to be part of the intelligence economy,” he added. (SunStar Philippines) Top High Stakes Casino ROAD closures will be implemented in the downtown area for the Cebu Bus Rapid Transit’s (CBRT) “Link to the Port” feature on Osmeña Blvd. Motorists are called to prepare for the upcoming temporary road closure for the sidewalk extension and widening project funded by the CBRT Package 1 and in line with Cebu City’s goal of pedestrianization of the city’s heritage district, which is the downtown area. The road will be closed from the intersection of P. Del Rosario St. and N. Bacalso Ave. to M.J. Cuenco Ave. in front of Plaza Independencia, Cebu City Transportation Office (CCTO) assistant department head and legal officer Kent Francesco Jongoy said during the Openline news forum on Tuesday, March 12, 2024. Jongoy said the Chinese contractor of CBRT Package 1, Hunan Road and Bridge Construction Group Ltd., had made the request to the Traffic Management Coordination Committee (TMCC). He said the CCTO was surprised by the project, particularly the request for road closure, as the TMCC had not been informed of the “Link to the Port” feature of the CBRT Package 1 during last year’s discussion on the project. The four-lane roads of Osmeña Blvd. in the downtown area will be reduced to two-lane roads, accommodating a higher number of pedestrians and fewer motor vehicles, he said. He said this is in line with Cebu City Mayor Michael Rama’s directive to pedestrianize the downtown area, citing the presence of infrastructure with historical significance there such as the centuries-old Basilica Minore del Sto. Niño de Cebu. The contractor told the TMCC that it needs a month to complete the project, Jongoy said. The project’s civil works require only scraping off the old asphalt and installing a new pavement for the new asphalted road and extension of the sidewalk.In SunStar Cebu’s February 2022 report on the Department of Transportation’s (DOTr) posting of an invitation to bid for Package 1 of the CBRT, SunStar indicated that the invitation was “for the construction of infrastructure from the Capitol to the Cebu South Bus Terminal (CSBT) and an enhancement of the link to the Cebu port.”The scope of work was described as including “trunk lines, sidewalk improvement, stations and other appurtenances from Capitol to CSBT, including a link to the port along Osmeña Blvd.”Gradual Jongoy said the TMCC, the contractor and the DOTr were expected to meet on Tuesday afternoon to discuss the implementation of the road closure. Jongoy said he suggested to the contractor a gradual conduct of the civil works by segment or block, to be done at night from 11 p.m. to 4 a.m., to minimize the inconvenience to motorists.He said the contractor told the TMCC that the suggested work schedule was doable. Private vehicles and modern public utility vehicles and traditional jeepneys can be rerouted to the parallel roads of Osmeña Blvd., including Leon Kilat St. and Borromeo St. for the southbound lanes and Legaspi St. to Pelaez St. for the northbound lanes, he added. “If we can close one block, then we could divert the jeepneys and other public utility vehicles to other streets, and we will just have different diversion roads for the northbound and southbound vehicles so they are equally distributed,” Jongoy said.He added that he had already discussed the upcoming road closure with the Federation of Cebu Transport Cooperatives and that the federation expressed support for the project. SunStar Cebu reached out to TMCC chairperson and Cebu City Councilor Rey Gealon for details on the Tuesday meeting, but the official had yet to respond to queries. It is not yet known when the road closure will begin. / EHP

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ROAD closures will be implemented in the downtown area for the Cebu Bus Rapid Transit’s (CBRT) “Link to the Port” feature on Osmeña Blvd. Motorists are called to prepare for the upcoming temporary road closure for the sidewalk extension and widening project funded by the CBRT Package 1 and in line with Cebu City’s goal of pedestrianization of the city’s heritage district, which is the downtown area. The road will be closed from the intersection of P. Del Rosario St. and N. Bacalso Ave. to M.J. Cuenco Ave. in front of Plaza Independencia, Cebu City Transportation Office (CCTO) assistant department head and legal officer Kent Francesco Jongoy said during the Openline news forum on Tuesday, March 12, 2024. Jongoy said the Chinese contractor of CBRT Package 1, Hunan Road and Bridge Construction Group Ltd., had made the request to the Traffic Management Coordination Committee (TMCC). He said the CCTO was surprised by the project, particularly the request for road closure, as the TMCC had not been informed of the “Link to the Port” feature of the CBRT Package 1 during last year’s discussion on the project. The four-lane roads of Osmeña Blvd. in the downtown area will be reduced to two-lane roads, accommodating a higher number of pedestrians and fewer motor vehicles, he said. He said this is in line with Cebu City Mayor Michael Rama’s directive to pedestrianize the downtown area, citing the presence of infrastructure with historical significance there such as the centuries-old Basilica Minore del Sto. Niño de Cebu. The contractor told the TMCC that it needs a month to complete the project, Jongoy said. The project’s civil works require only scraping off the old asphalt and installing a new pavement for the new asphalted road and extension of the sidewalk.In SunStar Cebu’s February 2022 report on the Department of Transportation’s (DOTr) posting of an invitation to bid for Package 1 of the CBRT, SunStar indicated that the invitation was “for the construction of infrastructure from the Capitol to the Cebu South Bus Terminal (CSBT) and an enhancement of the link to the Cebu port.”The scope of work was described as including “trunk lines, sidewalk improvement, stations and other appurtenances from Capitol to CSBT, including a link to the port along Osmeña Blvd.”Gradual Jongoy said the TMCC, the contractor and the DOTr were expected to meet on Tuesday afternoon to discuss the implementation of the road closure. Jongoy said he suggested to the contractor a gradual conduct of the civil works by segment or block, to be done at night from 11 p.m. to 4 a.m., to minimize the inconvenience to motorists.He said the contractor told the TMCC that the suggested work schedule was doable. Private vehicles and modern public utility vehicles and traditional jeepneys can be rerouted to the parallel roads of Osmeña Blvd., including Leon Kilat St. and Borromeo St. for the southbound lanes and Legaspi St. to Pelaez St. for the northbound lanes, he added. “If we can close one block, then we could divert the jeepneys and other public utility vehicles to other streets, and we will just have different diversion roads for the northbound and southbound vehicles so they are equally distributed,” Jongoy said.He added that he had already discussed the upcoming road closure with the Federation of Cebu Transport Cooperatives and that the federation expressed support for the project. SunStar Cebu reached out to TMCC chairperson and Cebu City Councilor Rey Gealon for details on the Tuesday meeting, but the official had yet to respond to queries. It is not yet known when the road closure will begin. / EHP Top High Stakes Casino THE Department of Migrant Workers (DMW) on Saturday, March 23, 2024, said there have been no overseas Filipino workers (OFW) that were hurt in the latest terrorist attack in Moscow, Russia. In a social media post, DMW Officer-in-Charge Undersecretary Hans Leo Cacdac said they had received information that no Filipinos were hurt during the incident. "We received information from Usec Ed de Vega of the Department of Foreign Affairs that no Filipino was hurt in the latest terrorist attack in a concert hall in Moscow," said Cacdac. Nevertheless, the official said they are one with the families of the victims of the latest terror act. "Our deepest sympathies and prayers for the families of the victims of the attack," said Cacdac.On Friday, members of the Islamic State (IS) attacked a concert hall in Moscow leading to the killing of over 60 people, while injuring more than 100 others.The Islamic State group subsequently claimed responsibility for the attack, which also led to the concert hall going down in flames.DMW data shows there are about 10,000 OFWs in Russia. (HDT/SunStar Philippines)

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THE Department of Migrant Workers (DMW) on Saturday, March 23, 2024, said there have been no overseas Filipino workers (OFW) that were hurt in the latest terrorist attack in Moscow, Russia. In a social media post, DMW Officer-in-Charge Undersecretary Hans Leo Cacdac said they had received information that no Filipinos were hurt during the incident. "We received information from Usec Ed de Vega of the Department of Foreign Affairs that no Filipino was hurt in the latest terrorist attack in a concert hall in Moscow," said Cacdac. Nevertheless, the official said they are one with the families of the victims of the latest terror act. "Our deepest sympathies and prayers for the families of the victims of the attack," said Cacdac.On Friday, members of the Islamic State (IS) attacked a concert hall in Moscow leading to the killing of over 60 people, while injuring more than 100 others.The Islamic State group subsequently claimed responsibility for the attack, which also led to the concert hall going down in flames.DMW data shows there are about 10,000 OFWs in Russia. (HDT/SunStar Philippines), Welcome to the most popular BingoPlus online casino gaming platform in the Philippines! In addition to everyone's favorite classic slot machines, there are Bingo! check the following table to see what categories most online casinos in the Philippines fit in.

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IN A bid to sustain the country’s current growth momentum and make its economy stronger, President Ferdinand “Bongbong” Marcos Jr. said his administration is focusing on re-skilling and upskilling the Philippines’ workforce, enhancing efforts to adapt to new technologies and attracting more investments.During the question and answer session of the World Economic Forum (WEF) on East Asia at Malacañang on Tuesday, March 19, 2024, with WEF President Børge Brende, Marcos raised the need for Filipino laborers to improve their competitiveness and keep up with the advancements under the new economy, both domestically and internationally.“Whenever we speak on investments I always ask the prospective investor if we have in fact a training program, if there is a transfer of technology, because this is going to be essential,” he said.“This continuous training and upskilling of our workers is conducted not only so that they are able to work in the areas that are important in the new economy. And also we have a very significant part of our economy is dependent on our overseas workers,” he added.Marcos said they are also paying attention to directing investment properly to ensure that it actually helps the country’s economic growth.“We now move on with the initiatives that we would like to introduce. And those are, what I spoke of in my speech, the investment that comes from private partners (but) government to government investments are also something that we are hoping to increase,” the President said.“And these investments also must be directed properly. They cannot be just investments that are perhaps very profitable but do not really help the economy grow. So [it] is still the main aim. I think, we [have] grown the idea… that we grow the economy out of the doldrums of the post-pandemic situation,” he added.Capital investment in new sectors will also be key, Marcos said, citing investments in digital space, new technologies and industries such as green minerals processing and battery production.In his speech during the WEF, Marcos highlighted the reforms his administration instituted for economic development and the ease of doing business in the Philippines to entice more investors to put up or expand their businesses in the country.He noted the revised implementing rules and regulations (IRR) of the Build-Operate-Transfer Law followed by the revisions of the Public-Private Partnerships (PPP) Code.He reiterated that now is the right time for foreign investors to invest in the country, saying that “our economic liberalization measures signal the dawn of a new era of investments here in the Philippines.”“Clearly, the Philippines is in a prime position to enter into a sustained period of robust economic expansion over the next couple of years,” Marcos said.“I extend an invitation to our guests and partners here today to join us in this exciting new phase. The members of the economic team are here today ready to discuss those opportunities that I speak of in greater depth,” he added.Marcos highlighted the 185 Infrastructure Flagship Projects, which offer high rates of return and benefit from a streamlined process. These projects strategically target important sectors for sustainable development in the Philippines, including physical and digital connectivity, agriculture, energy, health, and climate-resilient infrastructure.He also noted that investments, particularly in durable equipment and public construction, emerged as a key driver in the full-year growth of the Philippine economy.The WEF Country Roundtable in the Philippines is the first high-level to be convened in the Asia-Pacific region since the end of the pandemic.OptimismBrende said it was the result of Marcos’ participation in the WEF in Switzerland in January last year that created a lot of interest and optimism in the Philippines.“There is a lot of optimism in the Philippines but also around the Philippines globally. We had a dialogue there and it was very, very well-received and a lot of companies that are partners with the World Economic Forum said that they would like to have a roundtable, to meet with the Filipino secretaries, [and] also to meet with President Marcos,” he said in a press conference.“Go a little bit deeper on the reforms and outlook for the Philippines and since then, in one and a half years’ time, the economy here has really shown how resilient it is,” he added.Brende expressed belief that if the Philippines continues its current policy reforms, upgrading infrastructure, as well as investing in renewables and other areas, it will continue to grow and could remain bullish.“I think that this can be in the coming decade, US$ 2 trillion economy if there are foreign investments in education, in infrastructure, and also able to draw on the great [competence] of the people of the Philippines,” he said.“The youth is considerable. There [are] also opportunities when it comes to the knowledge-based economy because it’s a big change, it’s a paradigm change we face right now. Productivity can be increased by 30 percent in the coming decade. So if we want to see continued economic growth you have to be part of the intelligence economy,” he added. (SunStar Philippines) What are the 5 types of online gaming?. here is how to register at an online casino site in the Philippines:

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THE Department of Migrant Workers (DMW) on Saturday, March 23, 2024, said there have been no overseas Filipino workers (OFW) that were hurt in the latest terrorist attack in Moscow, Russia. In a social media post, DMW Officer-in-Charge Undersecretary Hans Leo Cacdac said they had received information that no Filipinos were hurt during the incident. "We received information from Usec Ed de Vega of the Department of Foreign Affairs that no Filipino was hurt in the latest terrorist attack in a concert hall in Moscow," said Cacdac. Nevertheless, the official said they are one with the families of the victims of the latest terror act. "Our deepest sympathies and prayers for the families of the victims of the attack," said Cacdac.On Friday, members of the Islamic State (IS) attacked a concert hall in Moscow leading to the killing of over 60 people, while injuring more than 100 others.The Islamic State group subsequently claimed responsibility for the attack, which also led to the concert hall going down in flames.DMW data shows there are about 10,000 OFWs in Russia. (HDT/SunStar Philippines) Top High Stakes Casino . It’s always a good idea to take your time and make sure you’ve found the best online casino in the Philippines on the online gambling market that can give you what you want.

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IN A bid to sustain the country’s current growth momentum and make its economy stronger, President Ferdinand “Bongbong” Marcos Jr. said his administration is focusing on re-skilling and upskilling the Philippines’ workforce, enhancing efforts to adapt to new technologies and attracting more investments.During the question and answer session of the World Economic Forum (WEF) on East Asia at Malacañang on Tuesday, March 19, 2024, with WEF President Børge Brende, Marcos raised the need for Filipino laborers to improve their competitiveness and keep up with the advancements under the new economy, both domestically and internationally.“Whenever we speak on investments I always ask the prospective investor if we have in fact a training program, if there is a transfer of technology, because this is going to be essential,” he said.“This continuous training and upskilling of our workers is conducted not only so that they are able to work in the areas that are important in the new economy. And also we have a very significant part of our economy is dependent on our overseas workers,” he added.Marcos said they are also paying attention to directing investment properly to ensure that it actually helps the country’s economic growth.“We now move on with the initiatives that we would like to introduce. And those are, what I spoke of in my speech, the investment that comes from private partners (but) government to government investments are also something that we are hoping to increase,” the President said.“And these investments also must be directed properly. They cannot be just investments that are perhaps very profitable but do not really help the economy grow. So [it] is still the main aim. I think, we [have] grown the idea… that we grow the economy out of the doldrums of the post-pandemic situation,” he added.Capital investment in new sectors will also be key, Marcos said, citing investments in digital space, new technologies and industries such as green minerals processing and battery production.In his speech during the WEF, Marcos highlighted the reforms his administration instituted for economic development and the ease of doing business in the Philippines to entice more investors to put up or expand their businesses in the country.He noted the revised implementing rules and regulations (IRR) of the Build-Operate-Transfer Law followed by the revisions of the Public-Private Partnerships (PPP) Code.He reiterated that now is the right time for foreign investors to invest in the country, saying that “our economic liberalization measures signal the dawn of a new era of investments here in the Philippines.”“Clearly, the Philippines is in a prime position to enter into a sustained period of robust economic expansion over the next couple of years,” Marcos said.“I extend an invitation to our guests and partners here today to join us in this exciting new phase. The members of the economic team are here today ready to discuss those opportunities that I speak of in greater depth,” he added.Marcos highlighted the 185 Infrastructure Flagship Projects, which offer high rates of return and benefit from a streamlined process. These projects strategically target important sectors for sustainable development in the Philippines, including physical and digital connectivity, agriculture, energy, health, and climate-resilient infrastructure.He also noted that investments, particularly in durable equipment and public construction, emerged as a key driver in the full-year growth of the Philippine economy.The WEF Country Roundtable in the Philippines is the first high-level to be convened in the Asia-Pacific region since the end of the pandemic.OptimismBrende said it was the result of Marcos’ participation in the WEF in Switzerland in January last year that created a lot of interest and optimism in the Philippines.“There is a lot of optimism in the Philippines but also around the Philippines globally. We had a dialogue there and it was very, very well-received and a lot of companies that are partners with the World Economic Forum said that they would like to have a roundtable, to meet with the Filipino secretaries, [and] also to meet with President Marcos,” he said in a press conference.“Go a little bit deeper on the reforms and outlook for the Philippines and since then, in one and a half years’ time, the economy here has really shown how resilient it is,” he added.Brende expressed belief that if the Philippines continues its current policy reforms, upgrading infrastructure, as well as investing in renewables and other areas, it will continue to grow and could remain bullish.“I think that this can be in the coming decade, US$ 2 trillion economy if there are foreign investments in education, in infrastructure, and also able to draw on the great [competence] of the people of the Philippines,” he said.“The youth is considerable. There [are] also opportunities when it comes to the knowledge-based economy because it’s a big change, it’s a paradigm change we face right now. Productivity can be increased by 30 percent in the coming decade. So if we want to see continued economic growth you have to be part of the intelligence economy,” he added. (SunStar Philippines) licensed online casinos ROAD closures will be implemented in the downtown area for the Cebu Bus Rapid Transit’s (CBRT) “Link to the Port” feature on Osmeña Blvd. Motorists are called to prepare for the upcoming temporary road closure for the sidewalk extension and widening project funded by the CBRT Package 1 and in line with Cebu City’s goal of pedestrianization of the city’s heritage district, which is the downtown area. The road will be closed from the intersection of P. Del Rosario St. and N. Bacalso Ave. to M.J. Cuenco Ave. in front of Plaza Independencia, Cebu City Transportation Office (CCTO) assistant department head and legal officer Kent Francesco Jongoy said during the Openline news forum on Tuesday, March 12, 2024. Jongoy said the Chinese contractor of CBRT Package 1, Hunan Road and Bridge Construction Group Ltd., had made the request to the Traffic Management Coordination Committee (TMCC). He said the CCTO was surprised by the project, particularly the request for road closure, as the TMCC had not been informed of the “Link to the Port” feature of the CBRT Package 1 during last year’s discussion on the project. The four-lane roads of Osmeña Blvd. in the downtown area will be reduced to two-lane roads, accommodating a higher number of pedestrians and fewer motor vehicles, he said. He said this is in line with Cebu City Mayor Michael Rama’s directive to pedestrianize the downtown area, citing the presence of infrastructure with historical significance there such as the centuries-old Basilica Minore del Sto. Niño de Cebu. The contractor told the TMCC that it needs a month to complete the project, Jongoy said. The project’s civil works require only scraping off the old asphalt and installing a new pavement for the new asphalted road and extension of the sidewalk.In SunStar Cebu’s February 2022 report on the Department of Transportation’s (DOTr) posting of an invitation to bid for Package 1 of the CBRT, SunStar indicated that the invitation was “for the construction of infrastructure from the Capitol to the Cebu South Bus Terminal (CSBT) and an enhancement of the link to the Cebu port.”The scope of work was described as including “trunk lines, sidewalk improvement, stations and other appurtenances from Capitol to CSBT, including a link to the port along Osmeña Blvd.”Gradual Jongoy said the TMCC, the contractor and the DOTr were expected to meet on Tuesday afternoon to discuss the implementation of the road closure. Jongoy said he suggested to the contractor a gradual conduct of the civil works by segment or block, to be done at night from 11 p.m. to 4 a.m., to minimize the inconvenience to motorists.He said the contractor told the TMCC that the suggested work schedule was doable. Private vehicles and modern public utility vehicles and traditional jeepneys can be rerouted to the parallel roads of Osmeña Blvd., including Leon Kilat St. and Borromeo St. for the southbound lanes and Legaspi St. to Pelaez St. for the northbound lanes, he added. “If we can close one block, then we could divert the jeepneys and other public utility vehicles to other streets, and we will just have different diversion roads for the northbound and southbound vehicles so they are equally distributed,” Jongoy said.He added that he had already discussed the upcoming road closure with the Federation of Cebu Transport Cooperatives and that the federation expressed support for the project. SunStar Cebu reached out to TMCC chairperson and Cebu City Councilor Rey Gealon for details on the Tuesday meeting, but the official had yet to respond to queries. It is not yet known when the road closure will begin. / EHP

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IN A bid to sustain the country’s current growth momentum and make its economy stronger, President Ferdinand “Bongbong” Marcos Jr. said his administration is focusing on re-skilling and upskilling the Philippines’ workforce, enhancing efforts to adapt to new technologies and attracting more investments.During the question and answer session of the World Economic Forum (WEF) on East Asia at Malacañang on Tuesday, March 19, 2024, with WEF President Børge Brende, Marcos raised the need for Filipino laborers to improve their competitiveness and keep up with the advancements under the new economy, both domestically and internationally.“Whenever we speak on investments I always ask the prospective investor if we have in fact a training program, if there is a transfer of technology, because this is going to be essential,” he said.“This continuous training and upskilling of our workers is conducted not only so that they are able to work in the areas that are important in the new economy. And also we have a very significant part of our economy is dependent on our overseas workers,” he added.Marcos said they are also paying attention to directing investment properly to ensure that it actually helps the country’s economic growth.“We now move on with the initiatives that we would like to introduce. And those are, what I spoke of in my speech, the investment that comes from private partners (but) government to government investments are also something that we are hoping to increase,” the President said.“And these investments also must be directed properly. They cannot be just investments that are perhaps very profitable but do not really help the economy grow. So [it] is still the main aim. I think, we [have] grown the idea… that we grow the economy out of the doldrums of the post-pandemic situation,” he added.Capital investment in new sectors will also be key, Marcos said, citing investments in digital space, new technologies and industries such as green minerals processing and battery production.In his speech during the WEF, Marcos highlighted the reforms his administration instituted for economic development and the ease of doing business in the Philippines to entice more investors to put up or expand their businesses in the country.He noted the revised implementing rules and regulations (IRR) of the Build-Operate-Transfer Law followed by the revisions of the Public-Private Partnerships (PPP) Code.He reiterated that now is the right time for foreign investors to invest in the country, saying that “our economic liberalization measures signal the dawn of a new era of investments here in the Philippines.”“Clearly, the Philippines is in a prime position to enter into a sustained period of robust economic expansion over the next couple of years,” Marcos said.“I extend an invitation to our guests and partners here today to join us in this exciting new phase. The members of the economic team are here today ready to discuss those opportunities that I speak of in greater depth,” he added.Marcos highlighted the 185 Infrastructure Flagship Projects, which offer high rates of return and benefit from a streamlined process. These projects strategically target important sectors for sustainable development in the Philippines, including physical and digital connectivity, agriculture, energy, health, and climate-resilient infrastructure.He also noted that investments, particularly in durable equipment and public construction, emerged as a key driver in the full-year growth of the Philippine economy.The WEF Country Roundtable in the Philippines is the first high-level to be convened in the Asia-Pacific region since the end of the pandemic.OptimismBrende said it was the result of Marcos’ participation in the WEF in Switzerland in January last year that created a lot of interest and optimism in the Philippines.“There is a lot of optimism in the Philippines but also around the Philippines globally. We had a dialogue there and it was very, very well-received and a lot of companies that are partners with the World Economic Forum said that they would like to have a roundtable, to meet with the Filipino secretaries, [and] also to meet with President Marcos,” he said in a press conference.“Go a little bit deeper on the reforms and outlook for the Philippines and since then, in one and a half years’ time, the economy here has really shown how resilient it is,” he added.Brende expressed belief that if the Philippines continues its current policy reforms, upgrading infrastructure, as well as investing in renewables and other areas, it will continue to grow and could remain bullish.“I think that this can be in the coming decade, US$ 2 trillion economy if there are foreign investments in education, in infrastructure, and also able to draw on the great [competence] of the people of the Philippines,” he said.“The youth is considerable. 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