The sea mishaps that occur every now and then on that narrow body of water between Batangas province and Mindoro province—often resulting in casualties among vacationers out to enjoy the beaches of
“We have started bringing together global experts across disciplines, including a European architectural and engineering firm, to do a technical feasibility study on how the bridge can be built sustainably to benefit both people and the environment,” San Miguel president and CEO Ramon Ang said.
The bridge will result in faster and more efficient transport of people and goods and spur local economic growth through job generation, higher investments and optimization of basic services such as water, power and telecommunications, among others. More importantly, we will hopefully see fewer sea tragedies in this narrow strait.After a few years of relative peace, it looks like the Bangko Sentral ng Pilipinas and the banks are once more at loggerheads over a key policy issue.
Libor is set to be phased out soon in the wake of the interest rate fixing scandal in advanced economies a few years ago, which cast into doubt the integrity of what was once the benchmark used for pricing loans globally.
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