Manila Standard - 2023 October 21 - Saturday

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DFA SEEKS VOLUNTARY REPATRIATION IN LEBANON, CAUTIONS PINOYS IN EGYPT By Rey E. Requejo, Charles Dantes and Vito Barcelo

In Saudi Arabia, President Marcos raised the alarm over the rising number of casualties—including four Filipinos —amid the ongoing clash between Israel and the militant group Hamas. “The Philippines is deeply concerned about the rising number of victims and the safety of all persons, as well as the dire humanitarian consequences of the conflict in Israel and in Gaza,” Mr. Marcos said in his intervention during the first ASEAN-Gulf Cooperation Council Next page Summit in Riyadh.

THE Philippine Embassy in Beirut is recommending the voluntary repatriation of Filipinos living in Lebanon as border tensions rise between Israel and Hezbollah in the wake of the ongoing conflict in Gaza, the Department of Foreign Affairs said Friday. The DFA also advised Filipinos in Egypt to take precaution as protest actions are expected across the country.

VOL. XXXVII • NO. 247• 3 SECTIONS 12 PAGES • P20 • SATURDAY, OCTOBER 21, 2023 • www.manilastandard.net • mst.daydesk@gmail.com

Marcos bags $4.2b investment deals DESPERATELY WAITING. A man lifts a placard near tents set up by volunteers and NGO workers along the Egyptian side of the Rafah border crossing, demanding clearance for an aid convoy to enter the Gaza Strip. AFP

Gaza aid ‘in next day or so’ as Israel girds for offensive RAFAH, Palestinian Territories – Trucks of international aid for Gaza should be rolling "in the next day or so," the United Nations said Friday, with Palestinians desperate for life-saving supplies after sustained bombing from Israel, still reeling from its bloodiest-ever attack. Some 175 lorries crammed with vital medicines, food, and water stretched into the distance at the Rafah crossing with Egypt, which has removed concrete roadblocks and is scrambling to repair the route into

WARM WELCOME. President Marcos and Speaker Martin Romualdez (left) are welcomed by Prince Mohammed bin Abdulrahman bin Abdulaziz (right), the deputy governor of Riyadh Region, at the King Khaled International airport in Saudi Arabia. PCO Photo By Charles Dantes, Maricel V. Cruz, Othel V. Campos and Julito G. Rada ALACAÑANG on Friday announced that the Philippines has secured $4.26 billion worth of investments from four agreements in Saudi Arabia.

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President Marcos, who is in Riyadh to attend the ASEAN-GCC Summit there, said the agreements were reached at a meeting with Saudi business leaders a day before the summit began. Topping the four agreements is the $3.76 billion deal between AlJeer Human Resources Co. (ARCO) and the Association of Philippine Licensed Agencies for the Kingdom of Saudi Arabia to cooperate to employ Filipino workers in the kingdom. Al Rushaid Petroleum Investment Co. and Samsung Engineering NEC Co. Ltd., meanwhile, reached a $120 million agreement with EEI Corp. for the establishment of a 500-person training facility in Tanza, Cavite, Philippines. Meant to upgrade Filipino labor

skills in masonry, carpentry, electrical, welding, equipment management, warehousing, steel fabrication, and other construction-related crafts, it aims to train at least 2,000 Filipinos starting in 2024 and more than 15,000 in the next five years. Maharah Human Resources Co. of Saudi Arabia reached separate agreements with Filipino firms Staffhouse International Resources Corp. and E-GMP International Corp., each valued at an estimated $191 million. Both agreements seek to bring thousands of Filipino workers to the Kingdom to meet its growing demand for labor. President Marcos said his meeting with Saudi business leaders comes at a time when the Philippine Next page

DOMESTIC pump prices will likely go up next week by as much as P1.25 per liter to reflect the volatility of world oil prices amid the ongoing Israel-Gaza war. An industry source said Friday diesel

$4.26b 4 investment agreements forged during President Marcos’ trip to Saudi Arabia

– $120m

Construction export services deal with Al Rushaid Petroleum Investment Company and Samsung Engineering NEC Co. Ltd. to benefit 15,000 Filipinos

By Othel V. Campos and Rey E. Requejo THE National Food Authority (NFA) will tap a P50 billion credit facility from the Development Bank of the Philippines (DBP) and Land Bank of the Philippines (LandBank) to add to the country’s buffer stock of rice in preparation for El Niño. NFA administrator Roderico Bioco said the food agency may have to procure more rice to ensure supply and

price stability. “That’s more than adequate to cover whatever financial requirements we need,” he said in a press briefing Friday. The agency defers to the national government for guidance on procurement volume. Bioco said the NFA cannot wait for the Philippine Statistics Authority’s (PSA) grains production report if it is to buy more palay from farmers to store up for the impending dry spell. As of Oct. 19, 2023, rice procured Next page

– $3.7b

Human resources services agreement with the Al-Jeer Human Resources Company

– $191m each

Two agreements on human resources services with Maharah Human Resources Co.

may go up by P1.15 to P1.25 per liter while gasoline will increase by P0.75 to P0.85 per liter. Department of Energy director for the oil industry management bureau Rodela Romero confirmed a possible oil price hike based on the first four-days of Mean

of Platts Singapore (MOPS), the benchmark of oil importers. Romero said among the reasons for the increase in world oil prices are Iran's appeal to the Organization of the Petroleum Exporting Countries for an oil embargo on Next page

A personnel of the Commission on Elections gathers illegal campaign materials during the start of the poll body’s ‘Operation Baklas’ on Friday, Oct. 20, 2023 along Oroquieta Street in Sta. Cruz, Manila. Danny Pata

Comelec starts ‘Operation Baklas’ against illegal campaign materials

Baby, it’s cold outside: Philippines enters ‘Amihan’ season

By Vito Barcelo

soon or “hanging amihan.” “In recent days, strong northeasterly BRACE for colder days ahead, the state winds have prevailed over Northern weather bureau said Friday as it an- Luzon due to the strengthening of the nounced the start of the northeast mon- high-pressure system over Siberia.

THE Commission on Elections (Comelec) confiscated hundreds of illegal campaign materials Friday as the poll body launched the first day of “Operation Baklas” against election violators ahead

By Rio N. Araja

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NFA to boost rice buffer stock as country braces for El Niño

Oil firms to hike prices by as much as P1.25/l next week By Alena Mae S. Flores

besieged Gaza – the only one not controlled by Israel. Israel has vowed to destroy Hamas after the Islamist militant group launched an unprecedented raid from the Gaza Strip on October 7, killing at least 1,400 people, mostly civilians shot, mutilated, or burned to death, according to Israeli officials. Hamas gunmen also kidnapped some 200 hostages including foreigners from around two dozen

Moreover, gradual cooling of the surface air temperature over the northeastern part of Luzon and increasing mean sea level pressure have been observed,” the Next page

of the Barangay and Sangguniang Kabataan Elections (BSKE) on Oct. 30. The nationwide effort, which will run until Oct. 27, will remove campaign materials put up outside designated common poster areas and those that exceed two by three feet. Next page


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