Businessmirror april 30, 2017

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Sunday, April 30, 2017 Vol. 12 No. 199

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SBMA unveils plan to make Free port Asean’s production, logistics hub

Subic’s bold strokes

Sailboats frolic at the Subic Freeport waterfront, where a US Navy ship is docked a short distance from the SBMA main office, highlighting the crucial roles of tourism and industry in the economy of the Subic Bay Freeport. henry empeño

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By Henry Empeño | Correspondent

UBIC BAY FREEPORT — If officials of the Subic Bay Metropolitan Authority (SBMA) would have their way, the Subic Bay Freeport and Special Economic Zone would be the country’s next big thing after Metro Manila.

In broad strokes, SBMA Chairman Martin B. Diño and SBMA Administrator Wilma T. Eisma outlined an ambitious program to expand the Subic Bay Freeport’s infrastructure, and then leverage the same to position Subic as a major production and distribution hub in the Asean region. According to Diño and Eisma, both appointees of President

Duterte, the SBMA would echo the national mantra of “Build, Build, Build” to keep Subic Bay sustainable, as well as to help in national developmental efforts. SBMA’s wish list includes the $40-million upgrade of the Subic Bay International Airport; the $120-million expansion of Subic’s bulk cargo-handling facilities; $200-million expansion of the New

Container Terminal; $232-million bypass road from the Subic Seaport to the Subic-Clark-Tarlac Expressway (SCTEx); and the $40-million widening of the Tipo Road leading to Subic Freeport. Topping these are several proposals that are seen to further improve Subic’s capacity and attractiveness as a free port and special economic zone. These are the proposed $440-million bypass road connecting the SCTEx to Castillejos, Zambales, which serves as the major gateway to the Hanjin shipyard at Subic’s Redondo Peninsula; the $2-billion multimodal road from Subic Port to Manila Port that would pass through coastal areas in Bataan, Pampanga and Bulacan. Diño and Eisma both maintained during their “State of the Freeport Address” (SOFA) on Monday that keeping Subic’s competitive advantage is the only way to go. Continued on A2

Cargo ships dock at Subic Freeport’s New Container Terminal, bringing in more business to boost the local economy. henry empeño

Govt, industry players drafting plan for -P77.9-B National Broadband Network

Bridging the digital divide ESPITE clocking in an impressive 27-percent increase in Internet penetration in 2016, the so-called digital divide still persists in the Philippines, a phenomenon that has been robbing almost half of its population of the benefits of the World Wide Web for years now.

Based on data from socialmedia consultancy firm We Are Social, roughly 58 percent of the population—or about 60 million

Filipinos—now has access to the Internet. This stunning jump from 47 percent in 2015 means that more

PESO exchange rates n US 49.6990

than half of the population now enjoys the benefits of the Internet. But on the other side of that spectrum are the Filipinos who still do not have access to the Internet. According to experts and players in the digital arena, the digital divide resulted in striking gaps in three areas: education, information and communication, and finance.

Missed opportunities

Voyager Innovations Inc. President Orlando B. Vea said the digital divide has and will continue to separate those without Internet connection from the huge socioeconomic opportunities that the Internet offers. “The most striking effect is on the daily lives of those left behind. They are cut off from the vast social and economic opportunities that mobile and Internet technolo-

gies bring. That’s the main striking effect of the digital divide,” he told the BusinessMirror. Vea explained that a person without an Internet connection has limited access to information and learning resources. Globe Fintech Innovations Inc. President John M. Rubio agreed, saying this phenomenon results in many Filipinos missing out on opportunities for education. “The imbalance in access creates groups or individuals with significantly less skills in technology, which, in an increasingly technology-centric world, limits their ability to succeed—particularly against more tech-savvy individuals,” he told the BusinessMirror. The Internet has a wealth of materials that can help individuals learn almost anything. One Continued on A2

58%

Percentage of the population, or 60 million Filipinos, that now has access to the Internet

n japan 0.4474 n UK 63.8384 n HK 6.3881 n CHINA 7.2104 n singapore 35.6112 n australia 37.1450 n EU 54.2117 n SAUDI arabia 13.25340

Mikdam | Dreamstime.com

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By Lorenz S. Marasigan

Source: BSP (27 April 2017 )


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