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Philippine sports greatness focus of newly launched book

By Michael Angelo S. Murillo
Senior Reporter

THE rich history of Philippine sports as represented by the many great Filipino athletes who brought pride and honor to the country throughout the years is the focus of a newly launched book.

50 Greatest Filipino Athletes of All-Time, the latest edition of the Philippines Yearbook, marks the first time that the publication has come out with an entire book solely dedicated to sports in the country.

Veteran sports journalists Quinito Henson and Bill Velasco, and photographer Joel Garcia, were part of the team tasked with the unenviable task of going through a rich list of names of Filipino sports heroes to come up with a narrow list of 50 athletes.

But they said they are comfortable with the list they have come up with in the book, something the publisher, Vernon Go, and his mother, Grace Glory Go, the yearbook’s chairman and CEO, agreed to and fully supports.

They also expressed pride in being able to produce a tome that takes cue from the standards set by the Philippines Yearbook, called early on as the Fookien Times Yearbook, which started publishing in 1936.

“It was really a big challenge for us to put up a list of the 50 greatest athletes. We had to go through so many names. This is not a definitive list because there are still many superheroes of Philippine sports not included in the book but we are comfortable with this list of 50. I think it’s super justifiable,” said Mr. Henson in an interview on the sidelines of the book’s launch on Jan. 21 at the Sheraton Manila Hotel Ballroom.

The veteran sportswriter went on to say that in selecting the athletes they considered not only their achievements in the field of competition but also the intangibles — that they are role models and an inspiration to the youth.

It is hoped that through the book more people, especially the younger generation, will get to know the exploits of the athletes included and learn from their stories.

“I think this book is amazing. I think every library in the Philippines should have this book. We want to tell the kids the story of these people. Hopefully this book will educate them,” Mr. Henson said.

Included in the 50 greatest list are athletes from 23 sports disciplines, namely, June Mar Fajardo, Robert Jaworski, Caloy Loyzaga, Alvin Patrimonio, Ramon Fernandez, Ambrosio Padilla, Tony Genato and Allan Caidic for basketball; Manny Pacquiao, Donnie Nietes, Nonito Donaire Jr., Gerry Peñalosa, Flash Elorde and Onyok Velasco for boxing; Paeng Nepomuceno, Bong Coo, Lita dela Rosa, C. J. Suarez, Biboy Rivera and Krizziah Tabora for bowling; Efren Reyes, Francisco Bustamante and Rubilen Amit for billiards; Gertrudes Lozada, Haydee Coloso Espino and Akiko Thomson for swimming; Lydia de Vega, Elma Muros and Mona Sulaiman for athletics.

Also part of the list are Paulino Alcantara and Phil Younghusband for football; Cheryl Nakanishi and Roman Cortuna for bodybuilding; Roland Dantes and Ciriaco Canete for arnis; Ben Arda and Jennifer Rosales for golf, Felix Barrientos and Treat Huey for tennis; Bea Lucero-Lhuillier for gymnastics/taekwondo; Mikee Cojuangco-Jaworski for equestrian; Eduard Folayang for mixed martial arts; Meggie Ochoa for jiu-jitsu; Adeline Dumapong for powerlifting; Josephine Medina for table tennis, Eugene Torre for chess; Jethro Dionisio for shooting; Pocholo Ramirez for motoring; Boy Codiñera for baseball and Hidilyn Diaz for weightlifting.

For Misses Amit and Ochoa, to be included in the list is a huge honor for them.

“I’m very honored to be chosen for this. When I was informed that I was part of this project of the 50 greatest, I was surprised because it’s All-Time we are talking here. I’m just thankful just to be mentioned with the other greats here. It’s really humbling,” said Ms. Amit in a separate interview.

“To be honest, I don’t think I deserve to be on the list considering who are included. I don’t think I have reached that level yet but it is still an honor to be chosen,” Ms. Ochoa, for her part, said.

Both athletes underscored that the honor given them is also an affirmation of the sport they are in, making it all the more special.

50 Greatest Filipino Athletes of All-Time is available at select National Book Store and Fully Booked branches. It can also be ordered at philippinesyearbook@gmail.com.

Kobe Bryant’s widow, Vanessa, breaks silence on NBA superstar’s death — ‘completely devastated’

LOS ANGELES — Three days after Los Angeles basketball great Kobe Bryant, his 13-year-old daughter and seven others perished in a helicopter crash, his wife, Vanessa, broke her silence with an Instagram message saying she was “completely devastated” by their loss.

The social media text was posted alongside a recent family photo of Kobe and Vanessa Bryant with all four of their daughters — Gianna, who died with her father, along with the couple’s eldest, Natalia, 17, 3-year-old Bianka, and the youngest, Capri, born in June 2019.

Kobe Bryant and the couple’s second daughter, nicknamed Gigi, died on Sunday when the helicopter they were flying in en route to the Mamba Sports Academy for a girl’s basketball tournament crashed in foggy weather on a hillside northwest of Los Angeles.

Gianna Bryant was a member of the Mamba team due to compete that day. Her father, who retired from the National Basketball Association in 2016 after 20 years with the Los Angeles Lakers, was the coach of his daughter’s team.

The pilot and six more passengers were also killed — two other 13-year-old girls involved in the tournament, three of their parents and another coach. The cause of the crash remains under investigation.

The death of Bryant, 41, an 18-time NBA All-Star, five-time Lakers champion and one of the world’s most admired sports figures, unleashed an outpouring of grief and tributes from fans, fellow athletes and politicians around the globe.

“My girls and I want to thank the millions of people who’ve shown support and love during this horrific time,” Vanessa Bryant, 37, a former model, wrote on her Instagram account.

“We are completely devastated by the sudden loss of my adoring husband, Kobe — the amazing father of our children; and my beautiful, sweet Gianna — a loving, thoughtful, and wonderful daughter, and amazing sister to Natalia, Bianka, and Capri,” she added.

The message goes on to say: “We are also devastated for the families who lost their loved ones on Sunday, and we share in their grief intimately. There aren’t enough words to describe our pain right now.

“I take comfort in knowing that Kobe and Gigi both knew that they were so deeply loved. We were so incredibly blessed to have them in our lives. I wish they were here with us forever. They were our beautiful blessings taken from us too soon.”

She directed anyone wishing to “further Kobe and Gianna’s legacy in youth sports” to visit the site MambaSportsFoundation.org.

There has been no word yet on funeral arrangements. — Reuters

Too hard for Nadal

For whatever reason, Rafael Nadal hasn’t fared as well in the Australian Open as in the sport’s other major championships. True, he boasts of a career Grand Slam, as definitive an indication as any of his outstanding brand of tennis. On the other hand, there’s a reason he has gone all the way only once at Melbourne Park, with his 1-4 slate in the final including a straight-sets shellacking at the hands of reigning king Novak Djokovic last year. The hard courts have invariably seemed too fast and too conducive to short points that don’t play to his strengths.

This year, however, looked to be different for Nadal — at least at the outset. Among other things, the Plexicushion surface appeared to make for slower balls, enabling relentless strikers like him to keep rallies going. More importantly, he was motivated and in fine form; he made short work of Hugo Dellien, Federico Delbonis, and Pablo Carreno Abistado before outlasting crowd favorite Nick Kyrgios in the fourth round. Which was why few pegged him for an early vacation despite a tough Round of 16 draw in Dominic Thiem.

Creditably, Nadal did prove ready and able in his quarterfinal-round set-to the other day. Considering how he competed, there was little to complain about; three of the four sets in the match had to be decided by tiebreaks. As things turned out, though, not a single one of them went his way. If only for a day, if only for a contest, Thiem got the better of him. In fact, his opponent got to be a superior him — refusing to lose, relentlessly defending, and, at the precise moment, striking, and hard. There was simply nothing he could do better. To be more precise, there was simply nothing he could do.

Nadal was gracious in the aftermath. Even as he failed to hide his disappointment, he conceded Thiem’s well-deserved time in the spotlight. To be sure, the figures bear him out; he wound up on the wrong end of the score 24 out of the 36 times a point lasted nine shots or more. Through four hours and 10 minutes of exquisite ballstriking, he gave his best; it simply wasn’t good enough. Which is why he can’t complain, and why he’s already looking forward to next year.

 

Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994. He is a consultant on strategic planning, operations and Human Resources management, corporate communications, and business development.

Kennon Road to be opened to 2-way traffic as Panagbenga season starts

KENNON ROAD, the oldest highway to and from Baguio City, will be opened on a two-way traffic scheme this weekend starting January 31 in anticipation of the influx of visitors as the Panagbenga Festival kicks off on February 1. The scheme will be in effect from 6 a.m. Friday to 6 p.m. Monday until March 9. The decision to open the road to more vehicles was made by the inter-agency Task Group Kennon. The Office of Civil Defense (OCD)-Cordillera office said heavy traffic is expected along the newer and wider Marcos Highway “during the height of Panagbenga Festival, PMA Alumni Homecoming, and other activities.” It added that it is anticipating local tourists to possibly “double” compared to previous years “due to limited access” in Tagaytay, another popular mountain destination, which has been affected by the recent Taal Volcano eruption.

LIMITATIONS
During weekdays, Kennon Road will be open only for Baguio-bound vehicles, with the right lane to be in use. “Private vehicles that will traverse the road are also advised to observe the speed limit of thirty kilometers per hour (30 kph), traffic and parking rules, especially when going for stopover at the Lion’s Head,” the OCD said. The road is also limited to vehicles weighing a maximum five tons. “In case of inclement weather and/or sudden occurrence of localized thunderstorm where landslide is imminent in the area, Kennon Road will be immediately closed” upon the recommendation of the Department of Public Works and Highways regional office, local government of Tuba, and the Tuba municipal police. The Panagbenga, Baguio’s annual flower festival, will have its opening day parade on Saturday. The main events, the street dance parade and float parade, are set on February 29 and March 1, respectively. Other activities such as exhibitions will be on until March 8.

2 Mindanao cities tap universities for transportation masterplan

THE CITY governments of Zamboanga and Cagayan de Oro have partnered with academic institutions for the development of their respective transport system plans to address road congestion and improve public transport services in these urban areas. Zamboanga has commissioned the University of the Philippines-National Center for Transportation Studies (UP-NCTS) to draw the city’s Comprehensive Transport and Traffic Management Plan (2019–2033). The UP-NCTS recently led a transport summit in preparation for the plan, participated in by representatives from various sectors. Vice Mayor Rommel S. Agan, speaking during the gathering, said input from all sectors is “vital to ensure an all-encompassing” plan. In Cagayan de Oro, the city government signed last week a memorandum of understanding with the Xavier University-Ateneo de Cagayan for the sharing of the Transport Study Software through the school’s Engineering Resource Center (ERC). Under the partnership, ERC’s experts and the local government’s transport officials will jointly prepare the masterplan. The city government will provide the data and funding.

8 with nCov symptoms under home quarantine in Davao City

THE DAVAO City Health Office (CHO) is monitoring eight people with recent travel to China and Thailand after exhibiting symptoms of the 2019 novel coronavirus (2019-nCoV). The individuals are under home quarantine after undergoing voluntary medical check-up at a local hospital, according to CHO officer-in-charge Gene L. Gulanes. Of the eight, two are Filipinos and the rest Chinese. Department of Health (DoH) Regional Director Annabelle P. Yumang has also confirmed that one person in the region is under investigation for the virus. Meanwhile, the Bureau of Quarantine-Davao regional office said the crew and 79 passengers of the Xiamen Air flight that came from Jinjiang in Fujian, China and arrived at the Davao International Airport (DIA) on Wednesday afternoon all passed the body temperature test using the installed thermal scanner and clinical thermometers upon arrival. Davao City-based Chinese Consul General Li Lin, for his part, said none of the 37 Chinese passengers carry a passport issued by Hubei Province, the center of the nCov virus, and none have recent travel in the area. “All inbound passengers and crew from Jinjiang were tested by the quarantine department… and all passengers had body temperature below 37.3 degrees Celsius,” Mr. Lin said in a text message to BusinessWorld. — Maya M. Padillo

Nation at a Glance — (01/31/20)

News stories from across the nation. Visit www.bworldonline.com (section: The Nation) to read more national and regional news from the Philippines.

Nation at a Glance — (01/31/20)

HR startup Workbean is making hiring smarter, more dynamic

Working closely with HR professionals across multinationals in Singapore and Malaysia, Kassandra Monzon saw firsthand just how difficult hiring new workers has become. Traditional processes don’t work with Gen Z applicants. These young entrants to the workforce come complete with an entirely unique set of needs and priorities.

The problem, she theorized, wasn’t that Gen Zers weren’t fit for the workforce. It’s that company practices and methods needed an update. And Monzon believed she knew just how to help.

Monzon returned to the Philippines and, after several consultations, validation tests, and a full pivot, founded Workbean, an HR-cum-mediatech platform for navigating the complicated web of hiring and showcasing what makes your company a great place to work.

If you got it, flaunt it

By keeping up-to-date on what perks and benefits are in demand, Workbean assesses companies to help them put their best foot forward when engaging with potential hires. Their hope is to be the first place applicants go to for information on a company’s employee experience.

On Workbean, a company can show off photos of their office, share testimonials from their employees on work life, and display a rundown of their benefits and amenities. It’s a great way for companies to flaunt what they have. Monzon cites a client whose company has an in-house chef, and another one with fast promotion opportunities even for fresh graduates.

“These stories are what we unearth, and that’s what we want to share,” she said. “So that’s what we really want to address: Awareness that these opportunities exist.”

This is just the tip of the iceberg for opportunities in the HR industry. If a company’s “culture page” helps with recruitment, Monzon also wants to address retention. Soon, they’ll be launching a product to measure employee happiness, not only for employee satisfaction but also to help employers cut down on re-hiring costs.

Ultimately, Workbean aims to make employment a more exciting and educated process by utilizing new tools and showcasing the possibilities for the workforce.

“In the advent of information everywhere, we lack information on companies that will make us dream bigger and ask bigger questions,” said Monzon. “That’s the problem that I want to solve.”

The secrets to success in the hospitality scene

Okada Manila’s Cielo Ortega-Reboredo emphasizes the value of relationships and integrity

By Bjorn Biel M. BeltranSpecial Features Writer

As far as her career is concerned, Cielo Ortega-Reboredo can hardly wish for anything better.

As Okada Manila’s recently-appointed vice-president of the hotel’s new Sales & Marketing, Hospitality and Entertainment division, she oversees a dynamic team responsible for the diversified portfolio covering “land, sea and air” venue offerings, from ballrooms to The Garden, Cove Manila and Crystal Corridor, as well as the hotel’s private yacht and jet services.

And only less than a year into her team’s operation, the division has achieved 96% of their 2019 bullish revenue goals.

“I’m proud to say that my boss and the management team are very happy and have recognized our contribution, hard work, and all the projects that we have done,” Ms. Reboredo said in an interview.

“We’re not just doing events, we’re cross-selling rooms, our spa, Play for kids, and our food and beverage outlets. We’re not limited to our events alone. Anything about the property, we sell. [The management team] recognize our efforts and though the expectations are high, I can say that they have a high regard and respect for our division. This inspires the team to push themselves further to attain goals.”

When she started her career at the front office of Manila Midtown Hotel, she admitted that she never imagined her future self to be where she is now. After moving on to work at Makati Shangri-La, she eventually found an opportunity at the Events Sales and Marketing division of Sofitel Philippine Plaza under the mentorship of the esteemed Rose Hilario-Libongco.

“I never thought that I would fall in love with Sales and Catering (Banquet),” Ms. Reboredo said.

But she did. She found her calling under Ms. Libongco’s tutelage, and soon enough, the Philippine hospitality industry has found itself another visionary. She became instrumental in the growth of Midas Hotel and Casino, where she joined the pre-opening team as director of Sales and Marketing in 2011.

Ms. Reboredo with the Okada Manila team, Co-Vice Chairman and President Takashi Oya, and other top executives during the inaugural Okada Manila yacht tour.

In 2015, she received the first Virtus Leader of the Year award from the Hotel Sales and Marketing Association of the Philippines. And shortly after that was when Okada Manila came knocking.

Now, over three years into her job, Okada Manila’s top management, spearheaded by its Co-Vice Chairman and President Takashi Oya, has recognized Ms. Reboredo’s strong leadership skills, wide network, and stellar accomplishments; and set up the new division under her wing, catering to clients’ evolving needs with its diversified events venue portfolio.

Not that her career was one completely free of hardship. With more than 20 years of experience under her belt, Ms. Reboredo has seen her fair share of challenging events, dealt with different personalities and stressful circumstances, which are particularly part and parcel of pre-opening properties. There are unforeseen circumstances like changes in construction timelines and therefore, entailing the need for flexibility, patience, and coming up with clear-cut solutions to ensure that clients’ needs are met.

Ms. Reboredo puts a premium on sustaining a good professional relationship with clients by sustaining ties and ensuring that each event, whether big or small, is given the same level of importance.

“What matters to the clients now is who they’re talking to. ‘Is this salesperson or sales manager going to deliver, or work with me hand in hand to make my event a successful one?’ Thus, we’re there for our clients 100% because we have to ‘own’ their events to ensure we deliver seamlessly and excellently,” she said.

Ms. Reboredo always has a positive stance who looks at all the triumphs to be celebrated and would not change her job for the world.

In 2020, she looks forward to the continuing growth of her division, as well as help with the MICE (meetings, incentives, conventions and exhibitions) business. She also envisions the Okada Manila brand to further penetrate the international market and become among the premier integrated casinos in the world. She believes that every day is an opportunity for growth.

“I enjoy being a hotelier so much and feel motivated and inspired to do my job everyday. I always get excited for what’s happening tomorrow. As the saying goes, find a job that you love and you’ll never have to work in your life. I’m glad I’ve found the job I truly love and enjoy,” Ms. Reboredo said.

“You need to have passion for your work because that will sustain your dedication, drive and help you establish a stronger client relationship by putting yourself in the place of your customers and clients to deliver your very best. As I always advise my team, they have to ‘own’ client events because their success is also theirs to celebrate. I’m also proud to say that I have a cohesive team; team members support each other. Those are my formula for success,” she added.

As one of the most recognized women leaders in the country’s hospitality scene, Ms. Reboredo knows that client relationship plays a pivotal role to grow the business. Her secret is her innate ability to nurture relationships with both her clients and her team members.

“You’ve got to have integrity. You have to deliver what you promise to your customers. Because at the end of the day, you will still have these relationships. And I’m glad that we work for a company like Okada Manila, which helps us nurture and grow our business relationship with clients through their unwavering support.

She added, “It’s really all there is to it. Love your job and the company you work for, take care of your clients, nurture and help the people under you thrive, and everything else will follow.”

InLife’s Nina Aguas on being a ‘power businesswoman’ and empowering women

By Mark Louis F. FerrolinoSpecial Features Writer

From her fine composure to calm and cheerful demeanor, Insular Life Assurance Co. Ltd. (InLife) Executive Chairman Nina D. Aguas carries herself with exceptional confidence. Whether she’s on stage delivering some words of encouragement in front of a large crowd or in a small room answering questions from the media, Ms. Aguas displays great sophistication, wit and wisdom. She is an empowered woman full of substance, and her inclusion in the list of 2019 Asia’s Power Businesswomen of Forbes Magazine is just one of the many validations of this.

It was in September last year when Forbes released the names of 25 top-caliber women who are playing a significant role in shaping Asia’s business landscape. Ms. Aguas is the sole Filipina who made it to the list, which also includes Grab Co-Founder and Chief Operating Officer Tan Hooi Ling, and Vietjet Aviation Founder and Chief Executive Officer (CEO) Nguyen Thi Phuong Thao, among others.

Forbes cited Ms. Aguas for becoming instrumental to the success that InLife has attained under her watch and for helping the company provide better access to insurance and investment products through its improved digital capabilities. The magazine also recognized her initiative of spearheading an advocacy called InLife Sheroes, which empowers every woman to become self-reliant and financially independent.

The triumph and recognitions that Ms. Aguas currently enjoys did not happen overnight; it is a product of years of hard work and persistence. She had to overcome all the challenges blocking her way, including gender stereotypes that most women experience in the corporate world.

PUSHING BOUNDARIES AND CHANGING THE NORM

Ms. Aguas started her career in SGV at a time when only very few, select women were allowed entry in the organization. After a few years working with the firm, she followed her interest in banking and proved that women can also excel in such competitive field, just like their male counterparts.

Her journey in the industry was marked by many firsts. She became the first female regional audit director in Citibank, as well as the first woman country manager in Citibank Philippines. She was also the first woman to be the managing director of ANZ Retail Bank and then Private Bank in Asia Pacific, and the first woman to be the president and CEO of PB Communications.

With over 30 years of work experience in major financial institutions, Ms. Aguas emerged as one of the high-powered global banking executives with a proven track record of building new businesses, as well as defending and growing large existing businesses in highly competitive and challenging environments.

Before becoming the executive chairman of InLife in 2018, Ms. Aguas became the firm’s CEO in 2016. During her first year in office, InLife delivered the highest financial performance, achieving double, and even triple digit growth rates. It was also during her term as CEO that the company was recognized many times by international award-giving bodies for their digital capabilities and trusted brand.

Ms. Aguas is the first woman CEO of InLife after 106 years of its operations, as well as the first woman to become its executive chairman.

Ms. Aguas considers herself very blessed with a happy family and a thriving career. Photo shows Ms. Aguas with her family.

“I am fortunate and blessed that my career is marked by many firsts. I have strong beliefs, values and true inner strength that saw me through. God has helped me gracefully endure challenge after challenge and I have gone farther than I have imagined, breaking so many glass ceilings along the way is a bonus,” Ms. Aguas shared in an e-mail, noting that each of those titles and positions were born from years of hard work, perseverance and passion for continuous learning and innovation.

CATALYZING CHANGE FOR GENDER EQUALITY

Despite gender discrimination against woman in the corporate setting, Ms. Aguas considers being a woman as a blessing and a great privilege. Women, as she shared, add color, fashion, passion, and compassion.

“I do not assent to the prevailing collective thought that women are lacking. Because the truth is, (as I quote Rupi Kaur) ‘that since day one, she already has everything she needs within herself, it’s the world that convinced her she did not’,” Ms. Aguas said.
Ms. Aguas treats men, women and those in between with great amount of respect. She tries to build honest relationships with them in the same measure as she believes that “what you give is what you get and giving out your true self is probably the best way to get you to the destination.”

“I normally use my calm and rightly toned voice and choose my words carefully to convey thoughts and ideas without trying so hard to impose or assert my opinions on others. Because principles, decisions, points of view, outlook, and ideas to me have no gender,” she said.

At InLife, in particular, Ms. Aguas shared that gender bias has no place. In fact, the company is the first local insurance firm that received EDGE Assess Certification, a global recognition for commitment to workplace gender equality. Aside from measuring where organizations stand in terms of gender balance, the certification is designed to help corporations create an optimal workplace for women and men while fostering equal career opportunities.

The cover of the handbook of InLife Sheroes’ She Inspires Circle, a community of Filipino women leaders who have achieved recognizable success in their respective fields of endeavor

Taking its women empowerment campaign a notch higher, InLife partnered with the International Finance Corporation (IFC) to co-create the InLife Sheroes Movement. The partnership, according to Ms. Aguas, is about insuring the women’s market in the country which is a relatively untapped segment.

“The potential for women’s insurance market in the Philippines is projected to reach P217 billion by 2020. This is because a growing number of women are completing tertiary education, allowing them to join the labor force or start their own businesses. Women’s income is expected to increase, making it all the more important for them to make sound financial decisions,” she said.

In addressing the women’s market, InLife also recognized the opportunity to deliver positive social impact through the InLife Sheroes program. It aims to empower Filipino women by focusing on four areas: financial education, health and wellness, women-specific solutions, and connecting to business and social networks.
“The Inlife Sheroes Movement is InLife’s continuing commitment to the Double Bottom Line — achieving both healthy financial returns while delivering positive social impact,” Ms. Aguas said.

A BETTER FUTURE FOR WOMEN

From all the challenges that Ms. Aguas has overcome to all the accomplishments she has achieved over the past decades, she considers herself very blessed with a happy family and a thriving career. She can’t ask for anything more, she said. She only aspires to see a new generation of women and their children living healthier, wealthier, and more meaningful lives.

When asked about what kind of advice she would give to other women, especially the young ones, who want to succeed in their careers, Ms. Aguas said: “Draw from your own foundation, be reinforced by your values, recognize the love inside you coming from all those forces for good around you, draw from your own strengths, be confident, and put yourself out there.”

“Reach Up. Take courage. Speak your intelligent mind, create and add value so you get an invitation to the table. Show your brilliance with your arguments without having to put all your emotions into it. Decision makers will recognize a great idea when it is coherent, rational, and strategic. Be your best woman-self. Dress up, stand tall, chin up,” she added.

NEDA Board OK’s P548-B projects

EIGHT infrastructure projects worth P547.6 billion bagged final approval from the National Economic and Development Authority (NEDA) Board on Wednesday, including proposals for new bridges, an elevated monorail, and pedestrian walkways along Metro Manila’s main highway.

In a statement, NEDA said the Board, chaired by President Rodrigo R. Duterte, gave the go-signal for six projects to be implemented by the Department of Public Works and Highways (DPWH), including the P189.53-billion Panay-Guimaras-Negros (PGN) Island Bridges and the P175.7-billion Bataan-Cavite Interlink Bridge (BCIB).

The PGN Island Bridges project involves the construction of a 32.47-kilometer (km), four-lane, two sea-crossing bridges that will connect Panay, Guimaras and Negros islands.

The BCIB project aims to reduce traffic congestion in Metro Manila by building a 32.15-km, four-lane bridge over Manila Bay from Mariveles, Bataan to Naic, Cavite.

A P76.41-billion project involving the construction of a new Cebu-Mactan bridge and coastal road was also approved by the NEDA Board, along with the P28.26-billion Davao City Coastal Bypass Road Project, including Bucana bridge.

Likewise, NEDA Board also approved the 35.64-km road and eight bridges that will be built under the P5.89-billion Capas-Botolan road project. This will cut the travel time between Tarlac and Zambales to one-and-a-half hours from four hours. The project is expected to start operating by 2025.

The NEDA Board also gave the green light for the P57.07-billion Metro Rail Transit Line 4 (MRT-4) and the P8.51-billion EDSA (Epifanio de los Santos Avenue) Greenways project.

The MRT-4 is expected to cut travel time between Metro Manila and Rizal province. The 15.56-kilometer elevated monorail transit system will begin at the N. Domingo Station in Quezon City and end at the proposed Taytay Station near the Taytay Diversion Road-Manila East Road rotunda in Rizal. It will run through Ortigas Avenue, Ortigas Avenue Extension and Taytay Diversion Road.

The EDSA Greenways project involves the construction of five kilometers of covered and elevated walkways in four areas along the main highway.

The Asian Development Bank (ADB) will finance both the MRT-4 and the EDSA Greenways projects.

“These projects are the building blocks of our people’s dreams and aspirations. As such, we intend to roll out as many as we can to ease congestion and spread growth throughout the country,” Socioeconomic Planning Secretary Ernesto M. Pernia was quoted as saying.

The P6.25-billion Maritime Safety Enhancement program by the Department of Transportation (DoTr) was also greenlit by the NEDA Board.

At the same time, the NEDA Board also okayed the proposals to change the scope and cost of the Davao City bypass construction project (P46.8 billion), as well as to extend the loan validity and the implementation period and increase the cost of the Samar Pacific Coastal road project (P1.13 billion). — B.M.Laforga

Philippines debt-to-GDP ratio in 2019 lowest since 1986

THE national government’s (NG) outstanding debt grew at end-2019 due to increased borrowings but was still smaller relative to the economy, the Bureau of the Treasury (BTr) reported on Wednesday. Read the full story.

Philippines debt-to-GDP ratio in 2019 lowest since 1986