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First pharma service project registers with BoI

REUTERS

THE Philippine unit of Germany’s Glenwood GmbH has opened a new facility in Taguig City, making it the first pharmaceutical services project registered with the Board of Investments (BoI).

“Aimed at supporting pharmaceutical companies globally, Glenwood Services Philippines, Inc. (GSPI) has registered with the BoI as the first pharmaceutical services project in the country,” the BoI said in a statement on Tuesday.

The Taguig facility will offer quality, regulatory affairs, and pharmacovigilance services aimed at helping domestic pharmaceutical companies with safety, risk management, and compliance issues.

According to the BoI, GSPI has generated high-value jobs in the Philippines, including pharmacists, chemists, and medical science graduates.

“We are amazed by the incredible talent in the Philippines. The education, skills, and training here are impressive. We look forward to expanding our Pharmaceutical Services project and growing our presence in the Philippines,” Glenwood General Manager Ferdinand Matz said.

Glenwood also distributes niche pharmaceutical products worldwide.

Pharmaceutical manufacturers are among the beneficiaries of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act.

“The law provides significant tax incentives, not only for large but also for micro, small and medium enterprises (MSMEs), enabling smaller pharmaceutical companies and suppliers to scale up their operations,” the BoI said.

“Businesses engaged in health-related activities and addressing supply chain gaps could receive better incentives, further promoting sustainable and responsible pharmaceutical manufacturing in the country,” it added.

Separately, the BoI said it signed a memorandum of understanding in developing critical and foundational skills in engineering and technology with DevConnect Philippines, Inc.

“We are dedicated to working with DEVCON to implement strategic initiatives that will ignite interest in science and technology among our future workforce, thereby addressing the decline of enrollees in engineering and other related fields,” BoI Managing Head and Trade Undersecretary Ceferino S. Rodolfo said.

“Ultimately, this will expand our local capabilities and secure the Philippines’ position as a leading investment hub in the region for these in-demand industries,” he added.

In particular, the partnership aims to empower Philippine information technology, semiconductors and electronics, and other priority industries in need of job-ready graduates. — Justine Irish D. Tabile

PHL rice production shortfall seen at 6.1 MMT by 2028/29

PHILIPPINE STAR/MICHAEL VARCAS

THE shortfall in domestic rice production could grow to 6.1 million metric tons (MMT) by 2028/29 due to unfavorable weather in the face of growing demand, putting the Philippines at the mercy of volatile international grain markets, Fitch Solutions BMI reported.

The Philippines is facing a “growing production deficit,” estimated at 3.5 MMT in 2024/25 before expanding further to 6.1 million MT by 2028. It 2014/15, the shortfall had been 1.4 MMT, it said on Thursday.

BMI said “structural challenges” faced by the Philippines include limited availability of arable land, exposure to typhoons and the growing population, making it difficult to achieve self-sufficiency in grains.

Self-sufficiency in rice has decreased “significantly” over the past decade, to 69.7% in 2024/25 from 91.6% in 2014/15, BMI said.

“This is due to limited growth in production combined with strong growth in consumption,” it noted.

BMI said it estimates the five-year average annual growth rate in the period ending 2024/25 at 3.6% for rice consumption and 0.2% for production.

“Through our forecast period between 2025/26 and 2028/29, we expect the average annual growth rate for production to be 2.0%. For consumption we expect this to be 2.5%,” it added.

The Philippines has lowered tariffs and declared an emergency that triggers the release of state rice stocks in response to elevated rice prices.

Philippine inflation eased to 2.1% in February from 2.9% in January as rice inflation dropped to 4.9%, the sharpest decline since April 2020.

Rice growers are currently facing low farmgate prices as traders opt to deal in imported rice. The farmgate price was P15-16 per kilo for freshly harvested grain, according to industry reports last week.

The report also noted that labor productivity in the Philippines is low compared to Thailand and Vietnam due to “manual transplanting being more common and lower levels of mechanization.”

It noted that rice yields in the Philippines are lower than those in Vietnam but are very close to those in the largest exporter, India, and higher than those in Thailand.

BMI said it’s a “significant concern” that the Philippines is now the largest importer of rice globally, accounting for 9.7% of global rice imports in 2024/25 based on US Department of Agriculture forecasts, given that 19.5% of the population had insufficient food consumption as of September 2024.

“We also highlight that the Philippines relies entirely on imports for wheat, a further risk for food security,” it flagged. 

BMI said demographic trends will result in continued strong demand for rice in the medium to long term, noting that spending on rice will grow at a faster rate than food spending overall in 2029. — Kyle Aristophere T. Atienza

Subic-Clark railway right-of-way deals signed with 212 landowners

JOHANNES PLENIO-UNSPLASH

THE Bases Conversion and Development Authority (BCDA) said it completed negotiations with 212 landowners affected by the Pampanga section of the Subic-Clark-Manila-Batangas (SCMB) Railway Project.

“The BCDA has successfully completed negotiations with 212 lot owners, 163 of whom have already received either partial or full compensation,” BCDA said in a statement on Tuesday.

The SCMB railway project runs for 26.9 kilometers in Porac and Floridablanca, Pampanga, affecting 519 lots.

On March 4, the BCDA said it distributed another 36 transfer certificates of title (TCTs) to landowners affected by the project. The initial distribution involved 68 certificates in November.

“The SCMB Railway Project would not succeed without the support of the landowners who yielded to the railway’s requirements,” BCDA Vice-President and Subic-Clark Railway Project Director Jocelyn L. Caniones said.

“This development emphasizes affected landowners’ important role in the realization of the Luzon Economic Corridor vision,” she added.

Citing Republic Act 10752, or the Right-of-Way Act, BCDA said that the owner of properties affected by a project and the implementing agency are to “execute a deed of absolute sale, with the implementing agency facilitating the annotation of the deed of absolute sale on the TCTs.”

“TCTs are legal documents that serve as evidence of ownership of registered land,” BCDA said.

The SCMB railway project is one of the flagship projects of the Luzon Economic Corridor, which aims to provide connectivity and freight transport services between the Port of Subic, Clark International Airport, the Port of Manila, and the Port of Batangas.

Collectively, the four ports handle about 80% of the country’s port traffic.

“The BCDA continues to facilitate the right-of-way acquisition for the project, as the National Government remains optimistic about the project’s implementation,” the BCDA said. 

“The feasibility study for the project will be jointly undertaken by the US, Sweden, and the Asian Development Bank,” it added.

The Luzon Economic Corridor is being undertaken via a trilateral agreement entered into by the Philippines, the US, and Japan.

Part of a broader collaboration supported by the G7 Partnership for Global Infrastructure and Investment, it aims to strengthen connectivity in Metro Manila, Batangas, Subic, and Clark. — Justine Irish D. Tabile

PEZA, BCDA agree on regulatory arrangements for New Clark City

THE Philippine Economic Zone Authority (PEZA) and the Bases Conversion and Development Authority (BCDA) have adopted an interim arrangement that will define their regulation of New Clark City.

“Under this setup, BCDA will register and regulate new developer or operator projects in New Clark City, while PEZA will oversee locator projects,” PEZA said in a Facebook post on Tuesday.

“This approach leverages BCDA’s expertise in property development and estate management alongside PEZA’s renowned one-stop shop services for locators,” it added.

PEZA Director General Tereso O. Panga said the arrangement will apply to projects in Clark Green City and will be implemented through a memorandum of agreement.

“This partnership between PEZA and BCDA not only prevents jurisdictional overlaps between the two investment promotion agencies but also capitalizes on our core competencies to attract more investors to the Philippines, particularly along the Luzon Economic Corridor,” Mr. Panga said.

Under the arrangement, BCDA will implement its overall estate planning strategy, with locators able to tap PEZA’s one-stop shop functions.

“Eventually, through our joint capacity building, we hope that BCDA will take on those same one-stop shop functions,” Mr. Panga said.

“We aim to capacitate BCDA so that in five years, they will be able to register and administer incentives according to PEZA’s model. This will also include PEZA being granted the authority to issue building permits within these zones,” he added.

PEZA also committed to assist BCDA in project registration and fiscal and non-fiscal incentive administration.

BCDA President and Chief Executive Officer Joshua M. Bingcang said that the tieup combines the two organizations’ “strengths in infrastructure development and public-private partnerships with investment facilitation.”

At the Money Talks with Cathy Yang program on One News Channel on Monday, Mr. Bingcang said two big contracts have been signed to fast-track the development of New Clark City.

“We started in January with the expansion of a 100-hectare industrial park with a Filipino-Japanese consortium. They are already in the south, and they are expanding in Clark,” he said.

“So this investment commitment is expected to generate tens of thousands of jobs. We are ready to turn over the property to them,” he added.

He added that an agreement for the first 3,000 housing units in New Clark City was also signed with South Korean partners, including the South Korean government. — Justine Irish D. Tabile

Weak chicken farmgate prices offset supply concerns arising from US ban

REUTERS

THE farmgate price of chicken is declining, offsetting any potential upward pressure resulting from a temporary ban on poultry imports from several US states, industry groups said.

The United Broiler Raisers Association (UBRA) told BusinessWorld that the current farmgate prices of live weight regular sized chicken was P126-P129 per kilo, from P135 a week earlier.

The farmgate prices for day-old chickens, meanwhile, was between P52 and P54. 

“It does not follow when there is such a ban that there will be price increases,” UBRA President Elias Jose M. Inciong said via Viber.

Citing bird flu outbreaks, the Department of Agriculture (DA) temporarily banned imports of poultry products such as poultry meat, day-old chicks, eggs, and semen from Indiana, New York, Pennsylvania, Illinois, Minnesota, Ohio, Wisconsin, South Dakota, Maryland, and Missouri.

The US accounts for 33% or 158,159 metric tons (MT) of the Philippines’ 472,211 MT chicken imports in 2024, making it the Philippines’ second-largest chicken supplier.

Meat Importers and Traders Association President Jesus C. Cham told BusinessWorld that chicken prices in the Philippines may still rise due to the temporary import ban. 

Philippine importers are still grappling with the delay in the allocation of the minimum access volume (MAV) quota on poultry imports, he said via Viber.

He described the current poultry supply situation as “tight.”

Meat traders have been calling on the DA to issue the MAV allocation for 2025 as soon as possible to avoid supply disruptions. MAV quotas should have been released in the first week of January, they said. — Kyle Aristophere T. Atienza

Japan leisure company studying PHL entry

PEXELS-PIXABAY

JAPAN’s Koshidaka Holdings Co., Ltd. is exploring entering the Philippines with entertainment centers and hot spring facilities, the Department of Trade and Industry (DTI) said.

“This is a very big entertainment and leisure company in Japan that wants to do business here in the Philippines,” Trade Secretary Ma. Cristina A. Roque said in a briefing on Tuesday. 

“I have told them that I will introduce them to the presidents of the malls and also other areas where they can really expand, not just in Metro Manila but nationwide,” she added.

Koshidaka is among the 13 Japanese companies and business federations the DTI met with in Japan last week.

The meeting with Koshidaka yielded a P2.5-billion investment pledge.

“The company plans to open its first store in Metro Manila by the end of 2025, with plans to expand to 30 locations and eventually to 100,” the DTI said.

Koshidaka has 671 stores in Japan. It controls the Karaoke Manekineko, One Kara, and Maneki no Yu brands.

“They are also very much interested in really growing their other businesses. Aside from entertainment, they also want to open a gym that’s focused on women and Japanese onsen (hot springs baths),” Ms. Roque said.

“They are coming to explore locations where they can open,” she added.

Ms. Roque said that it will introduce Koshidaka to business officials where the Japanese company can expand.

“Our 115 million population is of interest to them as well as our love for karaoke,” she added.

During the Japan trip, Ms. Roque obtained P23.5 billion in investment pledges from Koshidaka, the Sumitomo group, Nidec, and Fujifilm.

Ms. Roque said that she also met with six companies during her US trip last week, including Starlink, which is currently working with local partners to expand in the Philippines.

“They’re still in talks now, and definitely it is for connectivity and what else we can generate from Starlink. But connectivity is really actually number one,” she said.

“I am not sure if they will really announce it in the first quarter, but they are aggressive. They are in serious talks,” she added.

Converge Information and Communications Technology Solutions, Inc. was identified as among Starlink’s five local partners.

“Due to the surging demand for additional capacity in the Philippines, Starlink Philippines intends to construct and operate satellite earth stations or ground stations (gateways) to address the demand,” the DTI said.

Starlink Philippines has initiated the process of obtaining a Congressional franchise, but bills are still pending.

Senate Resolution No. 3 and House Resolution No. 298 have been issued urging the National Telecommunications Commission to issue provisional authority to Starlink to allow the construction and operation of earth stations, the DTI said.

However, a notice of deficiency was issued to Starlink on Feb. 6, listing the required technical submissions before a temporary license can be issued.

“Starlink Philippines has yet to submit the required documents. The NTC met with Starlink Philippines on March 10 to discuss the required technical submissions,” the DTI said.

According to the DTI, Starlink is planning to put up earth stations in 14 locations.

Aside from Starlink, Ms. Roque also met with Birns & Sawyer, Boeing, Oliver Tolentino Atelier, Seafood City, Prime Videos, and Relativity Media. — Justine Irish D. Tabile

Guidelines on deepfakes being drafted

STOCK PHOTO | Image by stokpic from Pixabay

THE Department of Information and Communications Technology (DICT) through its Cybercrime Investigation and Coordinating Center (CICC) is drafting guidelines regulating deepfakes — artificially generated images, videos, or audio meant to deceive consumers of media.

“We are now working on some guidelines on the reporting mechanism for this. But the tools we have acquired are for distribution,” Undersecretary and CICC Executive Director Alexander K. Ramos told reporters on the sidelines of a cybersecurity conference on Tuesday.

Mr. Ramos said the government has established a national deepfake task force to help develop industry standards for content creation, distribution, and labeling of manipulated media like deepfakes.

This task force will comprise representatives from government agencies, technology companies, media organizations, educational institutions, and civil society.

Mr. Ramos said the government has procured software to aid the task force in detecting deepfakes.

“It allows real-time detection of deepfakes with 95% accuracy,” Mr. Ramos said.

The DICT has warned that it is expecting to see increased cyberattacks this year as threat actors are expected to take advantage of emerging technologies ahead of the 2025 midterm elections.

He said the policy on deepfakes could be issued within the month, with guidelines to be aligned with the Commission on Elections (Comelec) campaigning rules.

Comelec has “an En Banc resolution to address this content. We are aligning with that,” he said.

“Before the end of the month, it is fully operational. The whole monitoring system, the whole policy, would be in place. We are building right now the central database.”

Ronald B. Gustilo, a national campaigner for Digital Pinoys, welcomed the plan, saying his group has been advocating rules to address deepfakes.

“For the policy guidelines to be effective, the government should consider drafting a clear definition and legal framework to define deepfakes and their malicious use, distinguishing between harmless digital content and those intended for deception, fraud, or misinformation. This will help establish legal accountability,” Mr. Gustilo said via Viber. — Ashley Erika O. Jose

Lady Bulldogs eye first-round sweep against Lady Falcons

NATIONAL UNIVERSITY LADY BULLDOGS — UAAP/JEMILL FERRER

Games on Wednesday
(Mall of Asia Arena)
9 a.m. – NU vs Adamson (men)
11 a.m. – Ateneo vs La Salle (men)
1 p.m. – NU vs Adamson (women)
3 p.m. – Ateneo vs La Salle (women)

NATIONAL UNIVERSITY tries to zero in on a first-round sweep against Adamson University while Ateneo de Manila University and De La Salle University rekindle their rivalry in the UAAP Season 87 women’s volleyball on Wednesday at the Mall of Asia Arena.

Game time is at 1 p.m. featuring the NU Lady Bulldogs’ 6-0 bid opposite the AdU Lady Falcons (2-3) before the duel between the DLSU Lady Spikers (3-2) and the ADMU Blue Eagles (1-4) at 3 p.m. Also on deck are the men’s duels of NU-Adamson at 9 a.m. and Ateneo-La Salle at 11 a.m.

The Lady Spikers have won their 14 straight games over the rebuilding and crippled Blue Eagles in a lopsided rivalry since 2017, making them a heavy favorite once more in a mission to stay in the Top 4.

But the league belongs to NU, which has shored up its bid for a back-to-back title and third in the last four seasons with five straight wins to take the pole position with ease.

Against Adamson, there’s no stepping in the gas for reigning MVP Bella Belen who’ll be up against another Rookie-MVP contender Shaina Nitura, ahead of a highly-anticipated finals rematch with Angge Poyos and University of Santo Tomas this weekend.

Ms. Nitura, the juniors MVP who anchored Adamson to a 14-0 sweep for the school’s first girls’ volleyball title last year, smashed the UAAP rookie record with 33 points in her winning debut but Adamson since then has lost three of its last four games.

That was despite Ms. Nitura scoring double digits in every game.

“Volleyball is a team effort and there’s great capability of Adamson as a team. Don’t be too harsh on herself,” said Ms. Belen, pointing to the massive difference in high school and collegiate volleyball play, as Ms. Nitura enters a transition stage along with her young squad.

That team effort definitely will be the edge for NU, featuring an intact championship core also led by Finals MVP Alyssa Solomon and Vange Alinsug, against the youthful Adamson unit.

“Teamwork wins games. Knowing Adamson, they have a blue-chip player in Ms. Nitura so we will be ready for Adamson,” said NU mentor Sherwin Meneses, a former Adamson player and head coach. — John Bryan Ulanday

Sabrina Ionescu gets a taste of Pinoy basketball, shares college days with PVL’s Brooke Van Sickle

SABRINA IONESCO taking pictures with fans.

OLYMPIC GOLD MEDALIST and WNBA champion Sabrina Ionescu was in the country as part of her Nike Tour.

And amid the buzz of the spotlight, the New York Liberty star never forgot an old familiar face back from their college days at the University of Oregon — Premier Volleyball League (PVL) standout Brooke Van Sickle of Petro Gazz.

“We came in together at Oregon, so it’s been, you know, we were able to kind of go through that learning period together,” said Ms. Ionescu during Tuesday’s one of several media interviews she gave at The Peninsula Manila Hotel.

“She played volleyball, I played basketball but we shared the same arena and I think that’s something that kind of helped us grow,” she added.

Of course, Ms. Van Sickle was Ms. Ionescu’s former classmate and both played for the Ducks with the former for the volleyball team and the latter for the basketball squad.

She said Ms. Van Sickle’s journey from the US NCAA to the PVL is also something to be impressed about.

“Obviously, being able to see how she’s done in her career is really inspiring as well,” said Ms. Ionescu, who first visited here five years ago.

The country showered Ms. Ionescu with love and adoration after holding camps in Taguig and Bulacan and gamely posed for photos and signed autographs in his first few days in the country.

Ms. Ionescu said she had nothing but appreciation for the basketball-mad Filipino fans.

“It was surreal, really exciting to feel the energy. It’s vibrant, powerful and makes me want to be better, makes me want to continue doing things that I’ve been doing,” she said.

“Their support for me is an all-time high.” — Joey Villar

Tropang Giga to use treys to beat full-force Gin Kings

TNT is preparing to utilize a major weapon that gave it a big edge against Barangay Ginebra in its previous title run — long-distance shooting.

The Tropang Giga shot at a 39.6% marksmanship from the three-point arc (67-of-169) and averaged 11 per game, which, coupled with their trademark defense, lifted them past the Gin Kings in the finals of the season-opening PBA Governors’ Cup last November, 4-2.

As the two renew their rivalry and this time fight over the crown in the mid-season Commissioner’s Cup starting Friday, the troops of coach Chot Reyes hope their outside sniping clicks anew.

Stats from the Governors’ Cup championship series showed TNT outgunning Ginebra from afar in all six games, including Games 3 and 4 that it lost.

The Tropang Giga were 12-of-30 in their Game 1 victory, 14-of-37 in Game 2, 11-of-25 in Game 5 and 10-of-25 in their title-clincher in Game 6. The Gin Kings, for their part, knocked down a total of 38 in the series, with a single-match high of nine and low of two.

In their last semifinal series against Rain or Shine, Mr. Oftana and Co. fired 43-of-131 from the three-point territory (32.82%). The Gin Kings actually did better in their dispatching of Final Four opponent NorthPort, going 60-of-139 (43.17%) from the distance, and they hope to carry this improved touch over to the grudge rematch with TNT. — Olmin Leyba

POC to adopt local pool players after suspension by Asian body

THE Philippine Olympic Committee (POC) will adopt the orphaned national pool players after the Asian Confederation of Billiards Sport (ACBS) suspended the Billiards Sports Confederation of the Philippines (BSCP)for a maximum of three months.

The POC, however, will need the Philippine Sports Commission’s nod in order for the sport’s national squad to continue to receive financial support from the government despite the suspension.

“With this decision, the POC shall temporarily assume the tasks of the BSCP, including the supervision of arrangements and entitlements for national athletes under Billiard Sports, during the period of suspension,” said POC Secretary-General Wharton Chan in a statement on Tuesday.

The Qatar-based ACBS had actually decided to sack the BSCP for “not exceeding three months” as early as Feb. 18 but it was only last Sunday that ACBS Secretary-General Michael Al-Khoury informed the POC about it.

In that letter, the discipline’s Asian governing body asked the POC to probe into alleged violations of the BSCP including conflicts of interest, failure to hold elections for a long time, organizing tournaments without the necessary approvals from either the former or the world governing bodies of the sport and neglect of the national pool players. — Joey Villar

Philippines tops Pangea Cup International tourney

THE Cebuana Lhuillier-Philippine slo-pitch softball team overpowered the Saigon Buffalos, 27-1, to top the premier men’s Division A of the 2025 Pangea Cup International tournament in Clark Field, Pampanga.

The Filipinos, who overpowered the Korean Guzzlers, 17-3, in the semifinals, thus completed a magnificent three-peat feat after reigning supreme last year and in 2023 when they beat the Americans in the finals of both editions.

Amateur Softball Association of the Philippines President and Cebuana Lhuillier Chief Executive Officer Jean Henri Lhuillier saluted the team for the feat.

“I am incredibly proud of our men’s team for yet again showing what Philippine softball is all about,” said Mr. Lhuillier.

The dedication, teamwork, and resilience continue to inspire and this speaks volumes about their hard work and passion for the sport,” he added. — Joey Villar

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