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Archive for June 27th, 2023

70-man Chinese biz delegation, tinitingnan ang investment opportunities sa Pinas

Posted on: June 27th, 2023 by @peoplesbalita No Comments

TINITINGNAN ng  Chinese delegation na binubuo ng 70 business executives na bumisita sa bansa na i- explore ang  investment opportunities sa Pilipinas.

 

 

Sa isang kalatas, sinabi ng Board of Investments (BOI)  na malugod na tinanggap nito ang 70-man business delegation ng  Chinese Enterprises Philippine Association (CEPA) sa pangunguna ng pangulo at Bank of China (BOC) country head for the Philippines Hu Xinquan noong Hunyo 15 sa Makati City.

 

 

Ang 70 Chinese executives ay naghahanap ng oportunidad sa Pilipinas lalo na sa sektor ng “engineering at construction, finance, trade, telecom, energy, agriculture, at manufacturing industries.”

 

 

Sinabi ng BOI  na ang business mission sa Pilipinas ng Chinese delegation ay bahagi ng pakikipagtulungan sa ilalim ng Memorandum of Understanding (MOU) on Investment Promotion na nilagdaan ng BOI at BOC noong nakaraang Enero 4, sa naging pagbisita ni Pangulong Ferdinand R. Marcos Jr. sa Beijing.

 

 

“After the State Visit in China, more Chinese enterprises are even more eager to accelerate their business in the Philippines. BOI, DTI (Department of Trade and Industry), and the Bank of China will be able to help CEPA members to grow their investments in the Philippines,” ayon kay Hu.

 

 

Sa kabilang dako, hinikayat naman nina  DTI Undersecretary at BOI Managing Head Ceferino Rodolfo ang mga  Chinese investors na tingnan at pag-aralan ang pamumuhunan sa mineral processing value chain ng bansa.

 

 

We are not blessed with fossil fuel but we have an abundance of green metals. We are currently the number one exporter of nickel direct shipping ore in the world, with 22 producing nickel mines in 2021. This opens up opportunities for mineral processing and battery manufacturing, in support of the electronic vehicle global supply chain,” ang wika ni Rodolfo.

 

 

Sa pagpapatupad ng  Regional Comprehensive Economic Partnership (RCEP) sa dalawang bansa, sinabi ng BOI na mapapalakas ng free trade agreement ang “trade at investment relations” sa pagitan ng PIlipinas at China. (Daris Jose)

PBBM, inaprubahan ang P5.7 trillion National Expenditure Program

Posted on: June 27th, 2023 by @peoplesbalita No Comments

INAPRUBAHAN ni Pangulong Ferdinand Marcos Jr., ang P5.768 trillion  National Expenditure Program (NEP) para sa taong 2024.

 

 

Ayon sa Department of Budget and Management (DBM), ang 2024 NEP ay 9.5% na mas mataas sa P5.268 trillion budget ngayong taon.

 

 

Ito rin aniya ay 21.8% ng gross domestic product (GDP) ng bansa.

 

 

Sinabi ni DBM Secretary Amenah Pangandaman, ang NEP para sa 2024 ay nilikha kasama ang Philippine Development Plan (PDP) 2023-2028 at ang 8-point socio-economic agenda.

 

 

“It shall continue to reflect our commitment to pursue economic and social transformation to address the scarring effects of the pandemic, as well as the impact of inflation, by prioritizing shovel-ready investments in infrastructure projects, investments in human capital development, and sustainable agriculture and food security, among others,” ayon kay Pangandaman sa isang kalatas.

 

 

Aniya, ang NEP ay produkto ng ilang factors o dahilan kabilang na ang budget utilization rate ng ahensiya at maging ang alignment sa kanilang programa, aktibidad at proyekto.

 

 

“We also referred to the agencies’ respective absorptive capacity, as we considered that a low budget utilization rate  may reflect the agency’s limited capacity to utilize additional funds,” ayon pa rin sa Kalihim.

 

 

Tinuran pa nito na ang NEP ay isusumite sa Kongreso ilang linggo matapos ang State of the Nation Address (SONA) ng Pangulo sa Hulyo 24.

 

 

Ayon sa DBM, ang NEP ay magsisilbing ‘spending plan” ng pamahalaan kada taon at pag-uusapan  sa dalawang Kapulungan ng Kongreso.

 

 

Sa oras na maaprubahan na, ang programa ay lalagdaan upang maging ganap na batas at kikilalanin bilang General Appropriations Act. (Daris Jose)