KUWTT: BBM’s economic ‘A-Team’ reassures businessmen | May 29, 2022
Have a good day. Here are the stories for The Manila Times for Sunday, May 29, 2022.
READ: Economic BBM’s A-team reassures businessmen
PRESIDENT-elect Ferdinand “Bongbong” Marcos Jr.’s economic “A” team has won the approval of the business community who believe it will work to foster the country’s recovery and sustainable economic growth. Marcos recently announced the appointment of Arsenio Balisacan as head of the National Economic and Development Authority (NEDA), while outgoing Banko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno has been named as his next finance secretary. Diokno will be replaced by Felipe Medalla as BSP governor while Alfredo Pascual has also accepted his appointment as head of the Ministry of Commerce and Industry (DTI). George Barcelon, head of the country’s largest trade group, the Philippine Chamber of Commerce and Industry, hailed the appointment of economic directors who will play a crucial role over the next six years as they face challenges budgets amid the Covid-19 pandemic.
READ: Covid cases rise but hospital admissions ‘manageable’
THE official of a local private hospital association said on Saturday that the admission rate was manageable despite the recent increase in cases of coronavirus disease 2019 (Covid-19) in the country. The Department of Health (DoH) announced on Tuesday that there was a slight increase in the one-week growth rate of Covid-19, but added that what had been observed was “sporadic” swellings, which cannot be attributed to a singular factor such as the entry of worrying variants or mass gatherings. Independent research group OCTA has released a forecast that a “low surge” of around 2,000 to 3,000 cases per day across the country could occur if a concerning variant manages to cross the Philippine borders. So far, the country has detected one case of BA.4, 17 cases of BA.2.12.1 and one case of BA.2.12 – sublines of the highly infectious Omicron variant of Covid-19. De Grano said Phapi health workers were taking precautions by taking a second booster shot. He added that hospitals across the country are ready in case monkeypox arrives, noting that the procedure for treating the disease is almost the same as that used for Covid-19.
READ: ‘No favor from Marcos despite support’
KINGDOM OF JESUS CHRIST (KJC), The Name Above Every Name, Founder and Executive Pastor Apollo Quiboloy said he expected nothing in return for his support of Ferdinand “Bongbong” Marcos Jr’s campaign. He added that he approved of the president-elect because his family have long been ‘passionate worshippers’. In an exclusive one-on-one interview with Manila Times President and CEO Dante “Klink” Ang 2nd Friday night, he said it’s only natural that during the campaign, candidates ask for his congregation’s support.
READ: Zubiri looms as best bet for Senate president job
SENATE Majority Leader Juan Miguel “Migz” Zubiri was now seen as the most formidable candidate for Senate President. Zubiri will fight for the position against her closest rival, Senator Cynthia Villar and Senator-elect Francis “Chiz” Escudero. A reliable source, who requested anonymity, said Zubiri now has 12 senators pledged to elect him to the Senate’s top job. Known supporters of Zubiri include Senators Juan Edgardo “Sonny” Angara, Maria Lourdes “Nancy” Binay, Sherwin Gatchalian, Emmanuel “Joel” Villanueva, and Senator-elect JV Ejercito, nicknamed the “seat neighbor bloc”. Senators Mary Grace Poe, Manuel “Lito” Lapid, and Senator-elect Loren Legarda have also been identified as Zubiri allies. Zubiri, however, said Escudero was no enemy, noting that they were part of the same group that would decide who would lead the “supermajority” bloc in the chamber, and “leave it at that.” A source said Villar will be backed by President Rodrigo Duterte’s loyalists, including Senators Ronald “Bato” de la Rosa, Christopher Lawrence “Bong” Go, Francis Tolentino, as well as Senators-elect Robin Padilla and Mark Villar. Senator Pilar Juliana “Pia” Cayetano and her brother, Senator-elect Alan Peter Cayetano, have yet to decide whether they will join the supermajority or remain independent. Senator Jose “Jinggoy” Estrada and Senator-elect Raphael “Raffy” Tulfo have yet to make their picks public. Senator Maria Imelda Josefa “Imee” Marcos said in a radio interview on Saturday that it was not good for the executive to meddle in the internal affairs of the Senate, a parity branch. Marcos made the comment when asked if his younger brother, President-elect Ferdinand “Bongbong” Marcos, should make his choice for Senate Speaker known. The senator also dismissed insinuations that she was considering the presidency of the Senate.
READ: Duterte’s remaining nominees face scrutiny
BEFORE the current 18th Congress is adjourned sine die on June 3, the Constitutional Commissions Committee and the Nominations Commission (CA) must decide whether to recommend confirmation or disapproval of President Rodrigo Duterte’s remaining nominees to the government key posts. The committee chaired by Senator Cynthia Villar will determine the suitability of President Duterte’s nominees to fill key government positions. They will examine the opposition under oath to the appointments of Saidamen Pangarungan as President of the Electoral Commission (Comelec) until February 2, 2029 Vice Sheriff Abas and Aimee Torrefranca-Neri as Commissioner Comelec until February 2, 2029. Those who opposed Pangarungan’s confirmation as head of Comelec are Mauyag Papandayan Jr. and Khaledyassin Papandayan, Fr. Enrico V. Montano and attorney Dino de Leon. Lawyer Ferdinand Topacio opposed Neri’s confirmation.
READ: Pope appoints Fil-Am to Vatican finance unit
The Vatican has announced that Pope Francis has appointed a Filipino American economist to the Holy See’s financial intelligence and anti-money laundering unit. Dr. Roberto Mariano will also be a member of the Board of Directors of the Financial Supervisory and Information Authority. One of the main tasks of ASIF is to apply regulatory measures that will prevent and thwart money laundering aimed at channeling funds to terrorism. ASIF is a member of the Egmont Group, the global forum that brings together financial intelligence units from 152 countries and jurisdictions, and within which rules and best practices for international collaboration and information exchange are shared. According to Vatican News, Mariano is “renowned for many of the econometric models he helped create that are used today as planning and forecasting tools.” Dr. Mariano was born in Rizal Province in 1944. He moved to the United States in the 1960s and became a naturalized citizen in 1980. He is Emeritus Professor of Economics at the University of Pennsylvania, where he was member of the faculty since 1971. He was also the undergraduate chairman of the economics department of the said educational institution.
READ: A more robust economy in sight for the Davao region
On the business side, the Davao region is poised for more robust economic growth and development this year, thanks to the adoption of the Metropolitan Davao Development Authority (MDDA), government and industry officials said. . Speaking at the 5th General Membership Meeting of the Davao City Chamber of Commerce and Industry Inc. (DCCCII) on Friday, Vice President of the Chamber and Davao City Representative Isidro Ungab emphasized the expected results once the various programs have been deployed following the creation of MDDA. He said the region can expect stronger coordination among its component cities and municipalities, in the planning, implementation and monitoring of priority programs and projects, paving the way for synchronized and unified development.
READ: PH wushu bets compete in Global Taijiquan
In sports, the Wushu Federation of the Philippines is participating in the 2022 Global Taijiquan Virtual Competition. Athletes must upload their videos from May 11 to June 1 while judging is scheduled for June 11. The results will be known on June 21. Individual events are Chen, Yang, Wu, Wuu and Sun Taijiquan styles; 24 Simplified Taijiquan Forms, 32 Taijiquan Forms, 42 Taijiquan Forms, 42 Taijijian Forms; and Taijishan. The team events are Taijishan, Taiji (routine of eight methods and five steps) and Taijiquan of 24 simplified forms. Spearheading the national team are Agatha Chrystenzen Wong and Jones Llabres Inso, both medal winners at the Vietnam SEA Games which ended May 23.
Opinion and editorial
Marlen Ronquillo is today’s front-page columnist because he thinks the current roster of Western leaders is bland to take on Russia over its invasion of Ukraine.
Today’s editorial discusses the foreign policy of the second Marcos administration. Read a full version in the newspaper’s opinion section or listen to the voice of the times.
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For The Manila TimesThis is Paulo Dimaapi.