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CON-CON ‘TOO COSTLY’ TO AMEND CHARTER—ROBIN
QUAKE DRILL SET MARCH 9 TO PREP FOR ‘THE BIG ONE’
NEWS / A4
NEWS / A2 VOL. XXXVII • NO. 16 • 3 SECTIONS 12 PAGES • P20 • MONDAY, FEBRUARY 27, 2023 • www.manilastandard.net • mst.daydesk@gmail.com
PBBM locks in on investments
Tells DTI chief to ensure billions in project pledges are followed through By Vince Lopez
RESIDENT Ferdinand R. Marcos Jr. has directed Trade Secretary Alfredo Pascual to ensure that the investment pledges for projects under his administration are followed through.
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"The President's marching order is to intensify follow-up to ensure that the investment will be carried out by those who promised to... invest in our country," Pascual said on Sunday. THE Department of Trade and Industry (DTI) said $4.349 billion (aboutP239 billion) worth of investment projects under the Marcos administration are now being implemented. Of these investment projects, a total of $29.712 billion or P1.7trillion are in the form of memoranda of understanding (MOU) and letters of intent (LOI). A total of $28.863 billion or P1.5 trillion worth of investment projects are now in the planning stages. Marcos earlier announced that his administration has secured about $62.926 billion or P3.48 trillion from his trips to Next page
House leader zeroes in on ‘big’ crimes SPEAKER Ferdinand Martin Romualdez on Sunday called the Philippine National Police (PNP) and Department of Interior and Local Government (DILG) to an emergency meeting today to discuss the spate of high-profile crimes in the country. "It's alarming because it seems that almost every week there is news about high-profile killings," he said. "We want to know from the PNP and the DILG what steps are being taken to stop these kinds of heinous crimes)," Romualdez added. Recently, a mayor of Maguindanao was severely wounded in an ambush in Pasay City. Next page
SWAN FLOAT. Mall giant SM rolls out a float reminiscent of the swan boats of Burnham Park as it passes by SM City Baguio on Sunday amid the 27th Panagbenga Festival Float Parade, which drew crowds across the length of Session Road as celebrities such as beauty queen Rabiya Mateo ride the other floats (inset). Dave Leprozo
Speaker pushes one-strike policy on BIR, BOC collectors By Rio N. Araja SPEAKER Ferdinand Martin Romualdez on Sunday recommended to President Ferdinand Marcos Jr. the enforcement of a one-strike policy against collectors of
the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) should they fail to meet their target revenues. The move would help ensure additional funds for targeted subsidies, hospitalization, education, job creation and other
social protection programs for the most vulnerable sectors of society, he said. “The one strike-strike policy is a key step toward achieving our revenue goals. We need additional funds for assistance, creation of job opportunities through in-
frastructure projects and other programs to help the people,” Romualdez said. The inability of collectors to meet their revenue goals has compromised the government’s budget for agriculture, health, Next page
Kerosene to lead rollbacks this week, up to P1.80/l Kerosene prices are expected to take the biggest cut at P1.50 to P1.80 per liter this week as local oil firms are poised for another round of rollbacks in pump prices by Tuesday, industry sources told the Standard. Cooking gas prices are projected to dip
by the end of the month, as interest rates in the United States were raised, Department of Energy Assistant Director Rodela Romero said. She said diesel prices are estimated to roll back from P1.30 to P1.60 per liter, while gasoline would take the smallest
cut, from P0.80 to P1 per liter. "This is because the US came out with a new interest rate hike to its monetary policy to address inflation. Second, the US was seen to have a big build-up to its crude inventory,” Romero said. Next page
E-governance bill now a step closer to law In this handout photo, rescue teams from the Mayon Mountaineers, Federation of Bicol Mountaineers Inc., and Mountaineering Federation of the Philippines struggle on Sunday to bring down the remains of the victims of the Cessna plane that crashed on the slopes of the Mayon Volcano.
Rescuers need up to 3 more days to transport Cessna crash remains IT WILL take about three days more to bring down the remains of the four passengers and the debris of the illfated Cessna plane that crashed near the Mayon Volcano's crater on Feb. 18, according to the mayor of Camalig
town in Albay on Sunday. The local Incident Command Center confirmed its teams have recovered the bodies of Cessna pilot Captain Rufino James Crisostomo Jr., co-pilot Next page
A MEASURE seeking to institutionalize the government’s transition to e-governance is one step closer to being passed into law after hurdling the House Committee on Appropriations last week. The measure aims to boost the use of information and communicationtechnology in transforming government processes, operations, and service delivery. This will cover all executive, legislative, and judicial offices, including local government units, state universities and colleges,government-owned and -controlled corporations (GOCCs), and other units that provide business and non-business-related transactions. It also seeks to establish the Philippine Next page
Commssion on Elections officials proclaim Crispin Diego Remulla (center) the winner of a special election for the 7th congressional district of Cavite at the Sangguniang Panglunsod Plenary Hall inside the Cavite provincial capitol. He will fill the vacancy left by his father, Justice Secretary Juanito "Boying" Remulla, when he joined the Marcos Cabinet.
Remulla son wins dad Boying's Cavite seat THE son of Justice Secretary Jesus CrispRemulla was proclaimed the represenin Remulla, Crispin Diego, has been pro- tative of the 7th District of Cavite Sunday claimed the winner of a special election morning by Commission on Elections held Saturday to fill the vacancy left by (Comelec) officials at the Sangguniang Next page his father when he joined the Cabinet.