3 DOTr Agencies to Remit PHP11 Billion to the National Government

Wazzup Pilipinas!

Three state-owned agencies under the Department of Transportation (DOTr) are set to remit a total of PhP11 Billion in dividends for 2017 to the National Treasury tomorrow, 13 April 2018.

The Manila International Airport Authority (MIAA), Civil Aviation Authority of the Philippines (CAAP), and the Philippine Ports Authority (PPA) shall be remitting PhP2.01 billion, PhP6.22 billion, and PhP3 billion worth of dividends, respectively.

Transportation Secretary Arthur P. Tugade, along with top officials from the DOTr, MIAA, CAAP, and PPA, will lead the turnover of checks to Department of Finance (DOF) Secretary Carlos Dominguez III in Clark tomorrow, 13 April 2018.

Secretary Tugade commended the attached agencies for their revenue contributions.

“I always tell our revenue-generating agencies to improve their collection. This is our way of contributing to the government, especially as we usher in the Golden Age of Philippine Infrastructure,” said Tugade.

In 2016, the MIAA, CAAP, and PPA were among the top Government-Owned and Controlled Corporations (GOCCs) to transmit the highest dividends to the country’s coffers.

CAAP emerged as one of the biggest contributors, after not being able to turn over dividends from 2011 to 2015.

Upon assumption to office, Sec. Tugade instructed CAAP to remit its dividend to the government.

CAAP’s recent remittance represents 68% of CAAP’s net income for CY2017 amounting to PhP3.22 billion, including PhP3 billion worth of unpaid dividend arrears.

PPA, on the other hand, is set to remit its highest dividend in its entire corporate life since 1986. With this incoming remittance, PPA is expected to maintain its inclusion as one of the regular members of the “Billionaires Club”, an elite group of GOCCs that consistently contribute billions of pesos in dividends.

MIAA remains consistent, with last year’s remittances amounting to PhP2.26 billion.

During the previous year, various revenue-generating agencies and offices under the DOTr were able to remit a total of PhP 25.78 billion to the Bureau of Treasury in full, with contributions coming from the Land Transportation Office (LTO), Maritime Industry Authority (MARINA), Toll Regulatory Board (TRB), Office of Transport Security (OTS), and the Land Transportation Franchising and Regulatory Board (LTFRB).

Make it a Cool Summer with BGC’s ‘Summer on the Street’

Wazzup Pilipinas!

Featuring a Travel Expo, Kids’ Coachella, Millennial Career Fair with UDD Concert and more

Make summer spectacular again doing things you are passionate about! You don’t even have to go far as Bonifacio Global City is holding its annual “Summer on the Street” revelry, packing every weekend with activities sure to keep you engaged. The best part — entrance is free!

Fitstreet (April 14-15)

Be there as Bonifacio High Street transforms into a fun fitness playground to pump up the coming weekend! With simultaneous classes of yoga, spin cycle, high intensity and fat-burning workouts, couples workouts, hip-hop, and more to choose from, gather the squad and have a blast achieving your #fitnessgoals together.

Youthstock (April 21-22)

Just how adorable does a Coachella for Kids sound? Let your kids (or nephews and nieces) experience the wonder of a music and arts festival especially curated for them. Featuring live performances by young artists, art installations, festival games, and other surprises, it’s a great venue for kids and teens to explore passions early on. Dress them for the occasion and have a fun time snapping the cuteness away.

Adulting Starter Pack (April 27-28)

Newly graduated or figuring out your career? This event is perfect for you. A job fair, career expo, and block party rolled into one, get a head start into the rather terrifying but obligatory world of adulting. With music and drinks to boot, you can expect an exceptionally fun yet educational way to connect with other professionals.

In partnership with The After Six Club - LinkedIn Local, BGC will hold different breakout discussions focused on growing your career or business, and even about adult life in general, along with some music and yoga to unwind with. Let OPM powerhouse UDD (formerly Up Dharma Down) be the soundtrack of your summer as they perform their greatest hits on April 28, at the BHS Amphitheater. Tickets may be obtained by exchanging at least Php2000 worth of receipts from any Bonifacio High Street merchant.

Travel Street (May 4-6)

Sustainable tourism is all the rage these days and millennials are at the forefront of calls to lessen impact on the environment and local culture. BGC, in partnership with the Philippine Tour Operators Association and the Department of Tourism, will be holding the 1^st Green and Gold Tourism Fair — the first ever sustainable tourism fair that showcases eco-cultural tourism products and services.

Score deals on flights from Cebu Pacific and other airlines, discounted tour packages, as well as unique handicrafts and food from local cuisines. Featured activities include wildlife encounters with whale sharks and dolphins, extreme sports like hang-gliding and bungee jumping, tribe tours, and farm immersion activities.

…and many more

Completing the summer festival are TLC Mom’s The Word, an extra sweet celebration of Mother’s Day (May 12); R.O.X. Outdoor Festival, featuring physical challenges (May 19-20); and Bite Me Manila’s Summer Food Fair, a fiesta in the city centered on Mexican cuisine (May 26-27). All events are happening on the stretch of Bonifacio High Street along 9^th Avenue.

They also have a video here: https://www.facebook.com/BoniHighStreet/videos/10160272880500486/

Find more details and the updated schedule at www.facebook.com/BoniHighStreet. See you there BGCitizens!

Nong-O Gaiyanghadao Sees ONE Super Series as Opportunity to Continue Legendary Career

Wazzup Pilipinas!

Revered by many for the incredible speed, power and precision behind all his strikes, celebrated Thai kickboxer Nong-O Gaiyanghadao will venture into new territory to reignite his illustrious career.

Once considered as one of the best pound-for-pound competitors in the world of Muay Thai, Gaiyanghadao will make his debut under the ONE Championship banner on 20 April as part of the much-awaited ONE Super Series.

ONE Super Series is a celebration of the world’s most effective striking arts and invites the very best martial artists from Muay Thai, kickboxing, karate, taekwondo, wushu, sanda, and more to showcase their skills on the ONE Championship stage.

Gaiyanghadao is scheduled to duke it out with French-Italian dynamo Fabio Pinca on the undercard of ONE: HEROES OF HONOR, which takes place at the 20,000-capacity SM Mall of Asia Arena in Manila, Philippines.

The 31-year-old native of Sakon Nakhon, Thailand believes that by joining the promotion’s ONE Super Series, it opens a new chapter in his professional kickboxing stint.

“It’s a new beginning for me. You can say that it’s a breath of fresh air for my career as an athlete. I am excited to be in this new journey. I hope everything will turn our great for me as part of the growing ONE Championship roster,” he said.

Gaiyanghadao was last seen in action when he yielded to Chamuaktong Sor Yupinda by decision at Bangkok’s famous Rajadamnern Stadium in April 2015.

Despite sitting on the sidelines for three years, Gaiyanghadao stressed that his best days as a professional kickboxer are not yet over.

“I’m just 31 years old. I still have the drive to compete. What I have here is a good opportunity to start fresh and remind everyone what I am capable of,” he stated.

Gaiyanghadao, who represents Singapore’s Evolve MMA, has reached the apex of Muay Thai, becoming a five-division world champion in the sport.

In his trophy room, Gaiyanghadao has a long list of accolades, including the coveted Lumpinee Muay Thai world championship, the prestigious Rajadamnern Muay Thai title, and the “Fighter of the Year” citation.

“It has been three years since the last time that I fought. I am looking forward to put on a great performance. I have been training hard and going through strategies. I hope to give my 110 percent in Manila. I am coming to win,” Gaiyanghadao guaranteed.

The man standing in Gaiyanghadao’s re-entry to the winner’s column is Pinca, a highly-decorated kickboxer known for his technical and precise offensive style.

Hailing from Saint-Fons, France, Pinca has become one of Europe’s most well-respected Muay Thai practitioners as he is a two-time WBC World Muay Thai champion and even owns a Rajadamnern Stadium world title.

The 33-year-old Frenchman is bringing his talents to ONE Championship, where he will look to defeat a living legend in Gaiyanghadao .

“To tell you honestly, I am in a very tough fight. It’s nerve-wracking in a sense, but I am ready to accept the challenge,” Gaiyanghadao said about the marquee match-up against Pinca.

Although he already had career-defining moments in 310 professional bouts, Gaiyanghadao treats his maiden ONE Championship appearance as the most significant one because it could catapult him back to the kickboxing limelight.

“I am looking for a statement win this time around. This bout could bring me back to the top. I want a big win. Knocking him out will be an accomplishment because he is a good fighter and a tough opponent. You will all see,” he ended.

For more updates on ONE Championship, please visit www.onefc.com, follow us on Twitter and Instagram @ONEChampionship, and like us on Facebook at https://www.facebook.com/ONEChampionship. ​