Sunday, July 10, 2011

Garcia backs Pacquiao as garments ambassador




BALANGA CITY—Bataan 2nd district Rep. Albert Garcia, House Committee on Trade and Industry chairman, is pushing for boxing champ and Sarrangani Rep. Manny Pacquiao as garments ambassador to perk up the industry.

He said the ring icon could lobby American legislators for the passage of the Save Our Industries Act, a bill that would help revive not only the local garments business but the US textile industry as well.

The Save Act is expected to provide enough incentives for garments exporters to expand their operations through a grant of preferential treatment from the United States, according to Garcia.

He cited opportunities with Pacquiao, to discuss the state of the garment industry which has been in the doldrums since the end og the quota regime.

Garment manufacturers from Mexico, the Caribbean and Andean countries enjoy preferential treatment, ranging from lower duties to quota-free and duty-free entry into the United States.

Under Save Act’s 809 component, US-made yarn and fabrics cut and wholly assembled in the Philippines would qualify to reenter the US duty-free.

But garments made of US-spun yarn or extruded yarn formed in the Philippines would be allowed to reenter the US at half the duty of a most favored nation.



by Butch Gunio


Source: http://www.bataan.gov.ph/index.php?option=com_content&task=blogsection&id=0&Itemid=379

Bataan Scores in Forest Protection




MARIVELES, Bataan, Philippines — The partnership of the provincial government and the Municipal Police Station here to protect the environment led to the confiscation of some P1.9 million worth of logs from a protected forest area.

Senior Superintendent Arnold D. Gunnacao, Bataan police director, said the major seizure was carried out by a team led by Supt. Joel K. Tampis, local chief of police here, during their operation in the mountainous areas of Sitio Milagrosa, Balon Anito, this town.

Gunnacao said several suspects were arrested and identified them as Apollo Fernando, Manny Pangilinan, Joel Flores, Casiano Factor, Julio Cabildo, all of Concepcion, Gen. Tinio, Nueva Ecija; Raff Anthony Pega of Porto Gate, Balon Anito; and Joselito Cabalunga of Bagumbayan, Bagac town.


by Mar T. Supnad


Source: http://www.bataan.gov.ph/index.php?option=com_content&task=blogsection&id=0&Itemid=379

Ambassadors, DFA execs vow to promote Bataan Freeport Abroad




MARIVELES, Bataan -- Thirty-three newly appointed Philippine ambassadors and officials of the Department of Foreign Affairs (DFA) recently visited this town as part of their plan to promote the Freeport Area of Bataan (FAB) in various parts of the world.

Representative Albert Garcia of the 2nd District of Bataan and FAB chairman and administrator Deogracias G.P. Custodio welcomed the ambassadors and DFA delegates to the FAB as part of their exposure activities and economic relations program.

Custodio said the main purpose of the delegates’ visit is to introduce this Freeport’s potential to prospective foreign investors.

“We aim to promote and transform the FAB as the Freeport of Choice by 2020,” Custodio said as he briefed the visiting delegates.

“We have implemented several infrastructure and systems changes, adopting some of the best international practices, to ensure that we succeed within the timeframe that we have given ourselves,” he said.

The FAB official explained the competitive edge of the Freeport, such as various incentives to investors that include a four-year income tax holiday that can be extended up to eight years, exemption from duties and taxes on imported capital equipment, spare parts, other supplies and raw materials, and exemption from wharfage dues, export taxes, imposts and fees.

“The IOSS (Immigration One Stop Shop) being provided to our investors is a joint project of the FAB and the Bureau of Immigration to serve and assist foreign locators,” he said.

He said locators also receive revenue incentives in the form of domestic sales allowances of up to 30 percent of total sales.

Foreign investors and their immediate family members can also enjoy permanent resident status and, as such, be allowed tax-free importation of personal equipment for use within the Freeport, he added.

Undersecretary Antonio Rodriguez, who heads the DFA’s Office for International Economic Relations, expressed his appreciation the FAB officials.

Rodriguez urged the Philippine Ambassadors and DFA officials to impart the competitive advantages of the FAB here and abroad.


Source: http://www.sunstar.com.ph/pampanga/local-news/2011/06/30/ambassadors-dfa-execs-vow-promote-bataan-freeport-abroad-164202

 
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