One visayas enewsletter vol 7 issue 14 20170407 r6

Page 1

Vol 7

Published by: PIA 6, 7 & 8

Issue 14

In this Issue WESTERN VISAYAS

Signing of the Memorandum of Agreement between the Iloilo City Government and Development Bank of the Philippines for the e-Merchant Internet Payment Gateway, an online payment facility that would allow the City to accept Visa cards as mode of payment for business taxes online, with major signatories Mayor Jed Patrick Mabilog and DBP Vice President and Transaction Banking and Payment Department Head Ricardo Josef Bandal II (seated, second from left).

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April 3 - 9, 2017

ASEAN Finance Ministers underscore the need for infra investment By Ferliza C. Contratista LAPULAPU CITY, April 7 (PIA) -- In the ASEAN Finance Ministers‘ Investment Seminar (AFMIS) Deputy Secretary General Dr. Lim Hin Hon stressed the need for more investments on infrastructure to further strengthen the regional connectivity. DSG Lim said ASEAN has found itself in an interesting phase and of heightened expectations as the region is becoming more competitive, vibrant and integrated. ―[ASEAN is] projected to grow at 4.8 percent, well above the projected growth rate of 3.4 percent of an advanced economy,‖ DSG Lim noted. He added that ASEAN will go to new areas of cooperation such as e-commerce, good regulatory practices, global value chains, financial inclusion and sustainable development. DSG Lim mentioned that surveys show ASEAN‘s growing clout in the world economy. The New ASEAN Business Sentiments Survey revealed that 85 percent of the surveyed company expected trade and investment to increase over the next five years. Around 74 percent of the companies recognize the importance of ASEAN in contributing to the increase of global revenues covering the same period. Another survey, the 2017 US ASEAN Business Outlook, noted the region's invaluable impact on worldwide revenue over the past two years. Despite the optimism, issues that threaten the integration must not be overlooked. ―Such an overall growth projection must be viewed against the backdrop of uncertain times with the rise of

CENTRAL VISAYAS

populism and protectionism sentiment causing a challenging context to the region's integration agenda,‖ he said. Department of Finance Secretary Carlos Dominguez in his welcome remarks said that all the member economies are driven to a large extent by trade. ―Our governments are convinced that globalization is the way to progress, we have much headroom for rapid expansion, beginning with a massive infrastructure build up that will bring our region increased efficiency,‖ Dominguez related. After the plenary session of the ASEAN finance ministers, a networking lunch followed. Global financial institutions and multilateral companies that have a strong presence in the region attended the Cebu AFMIS. (fcc/PIA7Cebu)

Department of Finance Sec. Carlos Dominguez delivered his welcome message during the opening session of the ASEAN Finance Ministers' Meeting at Shangri-La's Resort and Spa in Mactan, Cebu.

ASEAN integration to benefit Pinoys Ninfa B Quirante

Asia Head of Public Sector & Development Organizations, Standard Chartered Bank of Singapore Karby Legett says during the Press Briefing that the young skilled labor in the region can help provide strong growth for ASEAN region in the coming years.#ASEAN2017

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EASTERN VISAYAS

CATBALOGAN CITY, Samar, April 03 (PIA) - The ASEAN integration is expected to benefit Pinoys, said former Marabut Mayor Percival Ortillo. Ortillo said that the ASEAN will help Pinoy producers achieve quality in their products as they have to cater to an international market. It will be a big challenge but Pinoys should be able to work outside of their comfort zones to reach some notches higher than what they have been used to. ―I believe they can, with the support they are given‖, he added. ASEAN, the only regional economic community of its kind outside Europe and North America, aims to promote collaboration and cooperation among member states, as well as to advance the interests of the region as a whole, including economic and trade growth. It has negotiated a free trade agreement among member states and with other countries such as China, as well as eased travel in the region for citizens of member countries, according to World Economic Forum. True to its original mission, the organization strives towards peace and stability in the region: members have signed a treaty pledging not to develop nuclear weapons, and most have agreed to a counter-terrorism pact, which includes sharing intelligence and easing the extradition process of terror suspects WEF added. As the Philippines is serving Chairman in this years ASEAN, the association has developed an overarching theme, ―Partnering for change, Engaging the world,‖ as quoted from

DSWD Secretary Judy Taguiwalo. As chair, the country is expected to communicate ASEAN globally, regionally, and the countryside. The Philippine Chairmanship also coincides with the 50th anniversary of ASEAN existence. Meanwhile, the Philippine Information Agency and the regional offices are tasked with the implementation of ASEAN's major events and the yearlong activities which will end on December, 2017. In Eastern Visayas or region 8, ASEAN will be launched on the following venues and dates: Tacloban City, April 6, morning, Pre-Departure Area-DZR Airport; Ormoc City, afternoon, Ormoc City Hall; April 7, morning, Robinson's Place -Marasbaras, Tacloban City. Harold Clavite, PIA Director-General is expected to grace the launching events. Multi-sector guests are also expected to attend. The ASEAN Community‘s overall goal is to build the Association of Southeast Asian Nations (ASEAN) into an extensive and more binding inter-governmental cooperation organization on the legal basis of the ASEAN Charter. The three pillars of the ASEAN are the Political-Security Community, the Economic Community and the Socio-Cultural Community. To promote ASEAN identity and raise public awareness, the members have preserved and promoted their traditional cultural values, fostered people-to-people exchanges, and emphasized unity in diversity.(ajc/PIA8-nbq/PIA 8-Samar)

PIA DDG Gregorio Angelo C. Villar (2nd from left) and Ormoc City Mayor Richard Gomez (3rd from left) led the launching ceremonies of the PIA Information Kiosk at the Ormoc City Road along Panay-Guimaras-Negros Bridge up soon Hall lobby, April 6, 2017. Also in photo are Ormoc City Councilor Mario Rodriguez Elsa S. Subong (extreme left) and Councilor Vince Rama (extreme right). Earlier, PIA also launched an ILOILO CITY, 5 April (PIA)—The Department He also said that the P150 million will be used Info Kiosk at the DZR Airport in Tacloban. of Public Works and Highways is set to construct a for the construction of a 4.87-kilometer road in Buenavista, (rvictoria/PIA) road along the Panay-Guimaras-Negros Bridge, according Asst. Guimaras, which will be done before the construction of the

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Regional Director Jose Al Fruto. In a press release, Fruto said the road, with a funding of P150 million will connect to the proposed bridge. ―The amount is included in the 2017 General Appropriations Act of the DPWH Western Visayas, intended for the purpose,‖ Fruto said.

bridge. A preliminary detailed engineering has been done, according to Fruto, in a task dubbed ―Guimaras Cross Island Road.‖ The Panay-Guimaras-Negros Bridge is a major project of the DPWH under the Duterte administration which aims to connect different islands in Visayas and Mindanao. (JCM/ESS/ PIA-Iloilo)


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