BusinessMirror June 20, 2020

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ROTARY CLUB OF MANILA JOURNALISM AWARDS

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Saturday, June 20, 2020 Vol. 15 No. 254

EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR (2017, 2018)

DEPARTMENT OF SCIENCE AND TECHNOLOGY

2018 BANTOG MEDIA AWARDS

PHILIPPINE STATISTICS AUTHORITY

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SHIPS carrying construction materials are docked at the newly built beach ramp at the Philippine-claimed island of Pag-asa, also known as Thitu, in the disputed South China Sea on June 9, 2020. DEPARTMENT OF NATIONAL DEFENSE PAS VIA AP

PORT OF HOPE Kalayaan residents dream of bigger projects to come after the completion, launch of a delayed port project

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By Rene Acosta

HE recent completion and inauguration of a military harbor project on Pagasa Island in the Municipality of Kalayaan, Palawan, has sparked a ray of hope within a small Filipino community there that the much-awaited undertaking could pave the way to bigger infrastructure projects and full-scale development of the island.

Dubbed in military parlance as a “beaching ramp,” the port project should usher improvement to the island’s underdeveloped state by allowing the repair of its airfield, the improvement of the living quarters of soldiers guarding the island, and a stable power supply in the future, while hastening the delivery of other basic and essential services, according to Defense Secretary Delfin Lorenzana. Lorenzana led a group of defense-military officials at the recent inauguration of the port, one of the two similar projects on the island being claimed by China in the vast expanse of the South China Sea (SCS). Along with the repair

of the airfield, the entire undertaking costs P1.8 billion. The other project, a sheltered port, was built through funds from the Department of Transportation (DOTr), which is building another, but bigger, harbor. Although it has yet to commence construction, the project is expected to play a bigger role in the island’s full-scale development.

Occupy, develop Kalayaan

IF Pagasa were to be developed, its residents want that the whole Kalayaan Island Group (KIG) be improved and repopulated, both for economic and military purposes— with the transformation of Subic Bay Freeport, which allows both

commercial and military use, as a possible template. “It could also be developed into an ecotourism zone,” said former Kalayaan mayor-turned-municipal councilor Eugenio Bito-onon Jr., noting his long-pending proposition for this purpose that he sent the Senate. The proposal wants the government to declare Kalayaan and its cluster of islands, also known as Spratlys, into an ecotourism area, with the Tourism Infrastructure and Enterprise Zone Authority (Tieza) taking charge of this development and spinning its shift into a tourism haven. Bito-onon believes that unless the shoals and reefs claimed

and occupied by the country in the Kalayaan are populated by civilians, there is no guarantee that it could not be taken by China, which disputes the territory by way of a sweeping claim. He fears that KIG would end up like Scarborough, a shoal comparable to the size of Quezon City, that China has already secured and exercises a de facto control after the government “failed” to establish its presence there before. “We have six Scarborough shoals that are closest to Palawan,” Bito-onon said, naming them as Alitia Ani Shoal, Rizal Reef, Royal Captain Shoal, Half Moon Shoal, Sabina Reef and Ayungin Shoal. Continued on A2

Race for virus vaccine could leave some countries behind By Maria Cheng & Christina Larson

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Multiple layers

The Associated Press

ONDON —As the race for a vaccine against the new coronavirus intensifies, rich countries are rushing to place advance orders for the inevitably limited supply to guarantee their citizens get immunized first—leaving significant questions about whether developing countries will get any vaccine before the pandemic ends. Earlier this month, the United Nations, International Red Cross and Red Crescent, and others said it was a “moral imperative” that everyone have access to a “people’s vaccine.” But such grand declarations are unenforceable, and without a detailed strategy, the allocation of vaccines could be extremely messy.

“We have this beautiful picture of everyone getting the vaccine, but there is no road map on how to do it,” said Yuan Qiong Hu, a senior legal and policy adviser at Médecins Sans Frontières in Geneva. She said numerous problems must be resolved to manage distribution and that few measures have been taken.

PESO EXCHANGE RATES n US 50.0380

IN this May 25, 2020, file photo, a lab technician extracts a portion of a Covid-19 vaccine candidate during testing at the Chula Vaccine Research Center, run by Chulalongkorn University in Bangkok, Thailand. AP

IN the past, Hu said, companies have often applied for patents for nearly every step of a vaccine’s development and production: from the biological material like cell lines used, to the preservative needed to stretch vaccine doses and even how the shots are administered. “We can’t afford to face these multiple layers of private rights to create a ‘people’s vaccine,’” she said, urging “very open conditions” so every manufacturer capable of doing so can produce a vaccine once it is proven effective. Speaking at a vaccine summit earlier this month that addressed the thorny issue of equitable distribution, Ghanaian President Nana Akufo-Addo agreed. “The global spread of Covid-19 has told us in no uncertain terms that disease knows no boundaries and no country can afford to go it alone,” he said. “Only a people’s Continued on A2

n JAPAN 0.4681 n UK 62.1972 n HK 6.4562 n CHINA 7.0593 n SINGAPORE 35.8953 n AUSTRALIA 34.2660 n EU 56.0826 n SAUDI ARABIA 13.3406

Source: BSP (June 19, 2020)


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