33 C
Makati City
Friday, April 28, 2017
Part Two THE previous administration has endowed the Armed Forces of the Philippines (AFP) with more than P65 billion worth of equipment, and allowed the AFP to make a giant leap from its decrepit and vintage assets. However, the country’s modernization spending still pales in comparison with its military neighbors in Southeast...
Part One DEFENSE Secretary Delfin N. Lorenzana has announced late last year that the government will be acquiring drones and small but fast boats from China through a $14-million Chinese grant, in the continuing effort to modernize the Armed Forces. Beijing, to which Manila is pivoting to under the current administration,...
Conclusion The Philippines’s renewable- energy (RE) potential is 200,000 megawatts (MW). But it needs a lot of power from cash to unlock such potential. Ocean current, admittedly, requires a huge investment, pegged at $5 million, according to Greenpeace Philippines climate and energy campaigner Reuben Muni. As for wind, the investment requirement...
Part Two LIKE gold and other minerals, the Philippines is rich in coal. According to the Department of Energy (DOE), the country’s in situ coal reserves as of December 2015 amount to 470 million metric tons (MT), or 19.7 percent, of the country’s total coal-resource potential of 2.39 billion MT. The country’s...
Part One WITH much enthusiasm, climate and environmental advocates see the ratification of the Paris Agreement by the Philippine Senate both as a challenge and opportunity to shift from dirty fossil fuel to clean renewable energy (RE). Although ambitious, reducing the country’s greenhouse- gas emission by 70 percent between 2020 and...
Conclusion EXPERTS and government officials have said the scrapping of quantitative restriction (QR) on rice would spell the displacement of farmers. Former Labor Undersecretary Rene E. Ofreneo said the entry of imported cheap rice in the country might force rice farmers to shift to planting other crops. “The effect would not be...
IT all started with a despot. In 1972  former strongman Ferdinand E. Marcos signed Presidential Decree (PD) 4, creating the National Grains Authority (NGA), which was mandated to ensure stability of the country’s rice supply. Marcos also designated the NGA as the sole entity to import rice whenever there’s a...
Part Two ASKED why the country failed to achieve rice self-sufficiency, Segfredo R. Serrano of the Department of Agriculture (DA) told the BusinessMirror the government’s support was not enough and the change in agriculture chiefs affected the priorities of the department. “It’s not just the discontinuity of programs, but there’s...
Conclusion DAVAO CITY—Being the backwater regions of four countries, the Brunei Darussalam, Indonesia, Malaysia, the Philippines-East Asean Growth Area (Bimp-Eaga) literally has a big yoke to carry, as their respective government leaders also seized the global trend of forming regional cooperation to fortify trading positions. While the world’s richest economies formed...
Part Two DAVAO CITY—As the Association of Southeast Asian Nations (Asean) still grapples with single-market birth pains, its little brother down its East Asian side is putting more teeth to its dream of reconnecting itself, its archipelagic regions bound by common historical trading ties using land bridges. The little brother...
DAVAO CITY—By May, Sulawesi is just a boat ride away. This is made possible with the launch of the first intercountry roll-on, roll-off (Roro) shipping route, an attempt to break the long lull in the connectivity issue in East Asia that has hounded for three decades this poorer side...
Conclusion dURING summer months a household’s electricity consumption goes up by around 20 percent, according to the Manila Electric Co. (Meralco). Given this, a typical household with a monthly consumption of 200 kilowatt-hours (kWh) would likely increase its consumption to 240 kWh. Using the March power rates recently released by Meralco,...
Part Two THE demand, supply and weekly reserve data that the National Grid Corp. of the Philippines (NGCP) submitted to the Department of Energy (DOE) were mainly based on the power generators’ proposed planned outage schedule for the first half of the year. The BusinessMirror obtained a list of major...
Part One POWER-industry stakeholders are expecting a brownout-free summer in Luzon for as long as no major power plants conk out simultaneously. According to the Department of Energy (DOE), the optimistic outlook is borne out of adequate power supply in the grid amid an expected spike on power consumption brought about...
The country’s paddy-rice output could decline to below 18 million metric tons (MMT), after the quantitative restriction (QR) on rice is scrapped on June 30, according to a Global Agriculture Information Network (Gain) report. The Gain report, which was published by the US Department of Agriculture’s Foreign Agricultural Service (FAS) in...
TOURISM Secretary Wanda Corazon T. Teo on Wednesday expressed concern that statements by local politicians and media coverage on the state-inspired extrajudicial killings (EJKs) are turning away foreign tourists who would otherwise be holidaying in the Philippines. In a news conference in Bangkok during the state visit of President Duterte...
Part Two Party-list Rep. Francisco Ashley L. Acedillo of Magdalo emphasized the importance of understanding the motive in China’s presence on areas the Philippines deems it owns. “It is important to us to understand why China wants to break out of the first island chain, and go out as far as...
By Recto Mercene & Manuel T. Cayon Part One CITIES of Manila and Davao—Forget all the cheap talk about the Chinese sending a survey ship to peer beneath the seabed of Benham Rise, looking for minerals and hydrocarbon deposits like oil and gas. They are surveying Benham Rise’s surrounding oceans  the way...
By Ma. Stella F. Arnaldo / Special to the BusinessMirror Conclusion THE Great Santa Cruz Island in Zamboanga, which recently landed on National Geographic Magazine’s top 21 beaches in the world, is another priority for the Department of Tourism (DOT). “Hardly lacking in gorgeous beaches, the Philippines claims a pink-sand variety, too,” the...
By Ma. Stella F. Arnaldo / Special to the BusinessMirror Part Two WITH a new secretary, Wanda Corazon T. Teo, now at the helm of the Department of Tourism (DOT), the agency wants to shine a light on other less-known destinations in the Philippines. To do this, however, she said infrastructure development is...
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