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Philippine Star, London Eye

The British Ambassador to the Philippines is a man of many talents! He has a weekly column in the Philippine Star, London Eye featuring stories and opinions on the Philippines and the UK.philstar logo

The Philippine Star is a daily English-language broadsheet newspaper based in Manila in the Philippines. It has the most subscribers of any newspaper in the Philippines and serves as one of the country’s newspapers of record. Owned and published by PhilSTAR Daily, Inc, it was founded on July 28, 1986 by veteran journalists Max Soliven, Betty Go-Belmonte and Art Borjal in the wake of the EDSA People Power Revolution. The Philippine STAR has an established circulation in Hong Kong and in Saudi Arabia.

The Philippine Star is the most read broadsheet in the Philippine capital of Metro Manila, with a Monday-to-Saturday readership of 47.4 percent.

The London Eye provides features on a wide range of topics, all connected with the work of an Ambassador and the strong business relationship between Britain and the Philippines.

Recent articles by Stephen Lillie include the following titles: 

The G8 — why it matters globally

New Year’s resolutions

2012: Remembering the past, focusing on the future

International relations and what I’m here to do

Building smarter cities

More than a slogan

Less violence and more women leaders

Demystifying the UK visa service

The leadership challenge

A thoughtful All Saints Day

The end of the beginning…

A world built on trade

 

To access these the Philippine Star, London Eye articles and features, please follow the link  http://www.philstar.com/author/Stephen%20Lillie/LONDON%20EYE.

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UK Minister Addresses the Makati Business Club

“Philippines and UK can be powerful partners for prosperity”

Makati Business Club 11 December 2012 – “It is clear that future prosperity (in the Philippines) will be based on partnerships,” said Hugo Swire, Minister of State at the Foreign and Commonwealth Office of the United Kingdom. Addressing members of the Makati Business Club, Management Association of the Philippines, British Chamber of Commerce, and the Philippine-British Business Council. Swire also said that these days are exciting times for the continued partnership of the Philippines and the UK and that both nations are taking steps to further cement diplomatic and economic ties.makati

Earlier in the day, Mr. Swire had a dialogue with President Benigno Aquino III to tackle areas of cooperation. He also reported that a joint plan of action had been signed with Foreign Affairs Secretary Albert del Rosario, as well as a new air services agreement with Transportation and Communications Secretary Emilio Abaya, which he hopes would further expand trade and tourism.

In his keynote, Mr. Swire emphasized that the United Kingdom stands as one of the Philippines’ key partners in the goal of mutual prosperity. He said that British ICT specialists have been assisting in the expansion of the Philippine Stock Exchange’s fiber optic network, experts have been sharing their experience in Public-Private Partnerships, and that the UK has played a key role in the crafting of the Bangsamoro Framework Agreement as part of the International Contact Group.

Recognizing the limitations of governments and the crucial role of the private sector in globalized trade, Swire said that “international trade and investment is not just the best route to development; history tells us it is the only one.” Thus, in working towards mutual prosperity he invited the local business community to explore partnerships with British companies, highlighting the United Kingdom’s competitive advantage of a strong legal system.

“We as governments can only do so much. Ultimately, it is business that will drive growth,” he said.

 

Editor’s note: The Makati Business Club is the foremost Club of senior business executives in the Philippines. The Makati Business Club supports the growth of the Philippines economy and transparency within all aspects of government. The Makati Business Club meets regularly in Manila and holds events of particular interest to the Philippines and international business community.

 

Report by the Makati Business Club.

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New Passenger Terminal At International Airport

The Philippine government is seeking companies interested to pre-qualify and bid for the International Airport New Passenger Terminal Project located at the second largest airport in the Philippines. The response deadline is 21/02/2013.cheap flights

According to UKTI, UK companies are invited to pre-qualify and bid to finance, design, construct, operate and maintain the new passenger development project. 

The scope of the project includes:

  • ·         Construction of a new passenger terminal to handle 10 million passengers a year, along with all related infrastructure and facilities
  • ·         Construction of an apron for the new passenger terminal
  • ·         Renovation and expansion of the existing terminal along with all related infrastructure and facilities
  • ·         Installation of all the required equipment and other facilities
  • ·         Installation of the required IT and other equipment
  • ·         Operation and maintenance of both passenger terminals

You can register your interest with the UKTI Manila team for further information and how they can help you participate in the project.

According to the Manila based Philippine Daily Inquirer Newspaper, the government is planning to break ground on a new passenger terminal specifically for budget carriers at the Clark Freeport in Pampanga this year to cope with the rising number of passengers flying out of the Diosdado Macapagal International Airport (DMIA). Cheap flights to Clark airport provide increasing competition to cheap flights to Manila.

The new budget terminal is expected to take three years to complete and will be able to handle about 10 million passengers a year. This will make Clark the second largest airport in the country, next to Manila’s Ninoy Aquino International Airport (Naia).

“At present, our terminal capacity is very limited. Our current passenger terminal is being expanded to serve 2.5 million passengers a year,” Clark International Airport Corp. president Victor Luciano said in an interview.

The new budget terminal will be an entirely different structure from the existing passenger terminal, although they will be linked. Budget carriers offer cheap flights internationally to and from Clark.

The current DMIA’s expansion project, which would cost about P360 million and is up for completion next year, would more than double the airport’s current capacity of about 1 million passengers a year and could seriously dent the number of cheap flights to Manila.

DMIA is expected to serve 750,000 passengers by the end of this year. By next year, Luciano said the number was seen to breach 1 million.

“AirAsia alone is expecting to have five million passengers out of Clark in the next four years,” Luciano said.

AirAsia Inc., the local unit of Malaysia’s AirAsia Berhad, has yet to start operations but it plans to fly to several domestic and regional destinations, including several points in Japan, out of DMIA.

The new terminal, which will be a separate project from the planned overall development of Clark as a premiere international gateway, may be included in the government’s list of public-private partnership (PPP) projects.

Luciano said funding for the new terminal might come from the national budget.

Other airlines that fly out of Clark are local carriers Cebu Pacific, Southeast Asian Airlines (SEAir) and AirPhil Express; South Korean companies’ Jin Air and Asiana Airlines, and Singapore’s Tiger Airways.

Hong Kong’s Cathay Pacific has apparently also expressed interest in setting up a hub in Clark, which is a more convenient airport than Manila for millions of Filipinos living in Northern and Central Luzon. Clark is to the north of Manila and already offers some competition to cheap flights to Manila.

For cheap flights, hotels and tourist spots in the Philippines information, please see relevant pages

 

 

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Philippines ends discrimination against imported spirits

Great news for the UK Drinks Industry. The introduction of a WTO-compliant regime on alcohol and tobacco taxes will end discrimination against imported spirits that was a concern and financial handicap to many UK manufacturers. Wider benefits for the Philippine economy and health sector. This represents a further sign that President continues to push his economic reform prioritiesdrinks spirits.

On 20 December 2012, President Aquino signed in to law a new regime covering increased the so-called “Sin Taxes”. The previous measures date from 2005 and led to a WTO ruling in 21 December 2011 that the Philippines regime discriminated against imported alcohol and tobacco products. The Philippines was given until March 2013 to pass new legislation.All parties will breathe a sigh of relief, or perhaps raise a glass of something suitable.

The major UK interest was in the spirits sector where companies wanted to end the discrimination. Despite the WTO ruling, the legislative process was complex with strong protectionist and political forces at play .  The focus was initially almost exclusively about impacts on the domestic tobacco sector, and the original ruling was quickly lost sight of, with the House of Representatives adopting new, WTO non-compliant, legislation.

The result of the new legislation is that approximately £500 million (2/3rds from tobacco) will be generated in new tax revenues, ear-marked for healthcare related spending. The IMF has welcomed the broadening of the tax base and investment in the health sector.

The competitiveness of British drinks exporters in the market has thus been increased in line with WTO requirements. The bulk of the UK’s imports of spirits will see a reduction in tariffs, while the price of low-end domestic products will go up. A small percentage of the most expensive British brands will see a modest increase (caused by an ad valorem element in the new tax structure). However, these products are not marketed on price.

The “sin tax” bill is important for the Philippines. It will further enhance fiscal stability while strengthening a health sector that is in need of much development. It is a further sign of positive economic reform implemented by president Aquino.

 

 

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