Businessmirror June 01, 2019

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DEPARTMENT OF SCIENCE & TECHNOLOGY

PHILIPPINE STATISTICS AUTHORITY

2018 BANTOG DATA MEDIA AWARDS CHAMPION

BusinessMirror

www.businessmirror.com.ph

A broader look at today’s business n

Saturday, June 1, 2019 Vol. 14 No. 234

2018 EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR

P25.00 nationwide | 18 pages | 7 DAYS A WEEK

DUTCH EXPERT: MANAGING MANILA BAY TO COST

$1B A YEAR RESIDENTS relax on Manila Bay seawall in Tondo, Manila. At the background, across the bay, is the port area with some houses. NONIE REYES

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By Jonathan L. Mayuga

ANILA Bay, a region currently populated by around 30 million people from Cavite to Bataan, will require a budget of $1 billion a year for it to be sustainably managed, a Dutch expert working with Filipino counterparts in crafting the Manila Bay Sustainable Development Master Plan said.

A project being spearheaded by the National Economic and Development Authority (Neda) in partnership with the Netherlands, the master plan aims to ensure the sustainability of the pollutionchallenged Manila Bay, one of the most important bodies of water in the Philippines. Now the subject of massive rehabilitation, Manila Bay is covered by a continuing mandamus by the Supreme Court ordering 13 government agencies to clean up, rehabilitate and preserve the bay and maintain its waters to SB level to make them fit for swimming, skin diving, and other forms of contact recreation. Along Roxas Boulevard in

Manila, the Department of Environment and Natural Resources (DENR) has approved the dredging of garbage and silt from the bay. Estero cleanup is also being done within the Manila Bay region, following the order of the Department of the Interior and Local Government directing barangay units to conduct cleanup operations in their respective jurisdictions. Jaan Jap Brinkman, team leader for the Netherlands Study Team for the Manila Bay master plan, said the bay, which is projected to have one of the most populated urban centers in the world, needs to be managed. The BusinessMirror interviewed Brink-

man at the sidelines of a policy forum organized by the National Academy of Science and Technology (NAST) at the Philippine International Convention Center on Wednesday. In the next 30 years, based on conservative population growth estimate, the population in areas around Manila Bay is estimated to reach 50 million, underscoring the need to sustainably manage one of the country’s most economically important urban areas. In the next three months, Brinkman said the study team from the Philippine and Dutch sides would try to reach out to various stakeholders around Manila Bay to promote the concept of program co-

ownership in developing and implementing its action programs. The NAST policy forum, where Brinkman was among the resource persons, aimed to discuss the current status of Manila Bay, including the geological, physical, chemical and water quality, biodiversity, fisheries and aquaculture; learn about the development and management plans for the bay, and gather sciencebased recommendations relating to its sustainability. An attached agency of the Department of Science and Technology (DOST), the NAST is mandated by Executive Order 818, Series of 1982, to serve as an adviser to the President of the Philippines and Continued on A2

Japan’s path to war and Trump’s Huawei ban

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By James Gibney | Bloomberg Opinion

HE strategic rivalry between China and the US has incited an outbreak of historical analogies—Athens versus Sparta, the UK versus Wilhelmine Germany, or the US versus the Soviet Union. But the fracas over the US actions against the telecommunications giant Huawei recalls another antecedent: the pre-World War II US pressure campaign against Japan, culminating in Franklin Roosevelt’s momentous decision in July 1941 to freeze Japan’s assets in the US.

PESO EXCHANGE RATES n US 52.2570

LOGOS of Apple and Huawei are displayed outside a mobile-phone retail shop in Shenzhen, China’s Guangdong province. AP/KIN CHEUNG

Once again, the US faces an aggrieved Asian power seeking to claim its place in the geopolitical sun, displace the US from Asia, transcend its economic dependency on the West and rewrite international rules to advance its interests. That Asian power is stoking nationalist fervor and repressing dissent at home. And the US is attempting to use economic leverage to change its behavior while increasing military deployments to shore up alliances and assert its presence. Of course, the 2010s are not the 1930s. China has not invaded any neighbors, as Japan did to the Chinese. China and the US are much more intertwined economically than were pre-war Japan and

the US. Their joint status as nuclear superpowers immeasurably raises the stakes of armed conflict. And so on. I’m not arguing that sanctions on Huawei—a private company, not a country—will light the fuse for a 21st-century Pearl Harbor, or that Roosevelt intentionally goaded Japan into its day of infamy. Yet the dynamic of the US pushback against China is reminiscent of its earlier effort against imperial Japan, with many of the same pitfalls. The decision to put Huawei and its affiliates on an entity list requiring US suppliers to obtain licenses to do business with them is an existential threat to a highContinued on A2

n JAPAN 0.4768 n UK 65.8961 n HK 6.6592 n CHINA 7.5720 n SINGAPORE 37.8976 n AUSTRALIA 36.1148 n EU 58.1673 n SAUDI ARABIA 13.9352

Source: BSP (May 31, 2019 )


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