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Messages - adroth

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1
Europe, South Korea-Backed Consortium Wins Philippines Airport Project Formerly Pursued by China
By Aldgra Fredly September 19, 2022

https://www.theepochtimes.com/europe-south-korea-backed-consortium-wins-philippines-airport-project-formerly-pursued-by-china_4739037.html

A consortium composed of South Korean and European firms has been awarded an $11 billion airport project in the Philippines that was previously granted to a Chinese state-owned firm.

The Cavite provincial government awarded the contract to develop the Sangley Point International Airport (SPIA) to a multinational consortium comprised of companies from the Philippines, South Korea, and Europe on Sept. 14.

The group includes local firms Cavitex Holdings, House of Investments, and MacroAsia Corporation—owned by Filipino tycoon Lucio Tan—as well as South Korea’s Samsung C&T Construction, Germany’s Munich Airport, and Ove Arup & Partners Hong Kong Ltd.

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China Lost SPIA Deal
MacroAsia initially partnered with China Communications Construction Co. Ltd. (CCCC). They won the $10 billion SPIA project in December 2019, but it was terminated last year over their failure to submit post-qualification paperwork.

This is despite the companies being given four extensions to submit the required documents, local outlet Rappler reported. Cavite Gov. Juanito Victor said that the cancellation was “not prejudicial against anyone.”

“While it does cancel the negotiations, the project shall restart and hopefully have a progressive negotiation with a more qualified partner by October 2021,” he said on Facebook on Jan. 26, 2021.

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2
Europe, South Korea-Backed Consortium Wins Philippines Airport Project Formerly Pursued by China
By Aldgra Fredly September 19, 2022

https://www.theepochtimes.com/europe-south-korea-backed-consortium-wins-philippines-airport-project-formerly-pursued-by-china_4739037.html

A consortium composed of South Korean and European firms has been awarded an $11 billion airport project in the Philippines that was previously granted to a Chinese state-owned firm.

The Cavite provincial government awarded the contract to develop the Sangley Point International Airport (SPIA) to a multinational consortium comprised of companies from the Philippines, South Korea, and Europe on Sept. 14.

The group includes local firms Cavitex Holdings, House of Investments, and MacroAsia Corporation—owned by Filipino tycoon Lucio Tan—as well as South Korea’s Samsung C&T Construction, Germany’s Munich Airport, and Ove Arup & Partners Hong Kong Ltd.

< Edited >

China Lost SPIA Deal
MacroAsia initially partnered with China Communications Construction Co. Ltd. (CCCC). They won the $10 billion SPIA project in December 2019, but it was terminated last year over their failure to submit post-qualification paperwork.

This is despite the companies being given four extensions to submit the required documents, local outlet Rappler reported. Cavite Gov. Juanito Victor said that the cancellation was “not prejudicial against anyone.”

“While it does cancel the negotiations, the project shall restart and hopefully have a progressive negotiation with a more qualified partner by October 2021,” he said on Facebook on Jan. 26, 2021.

< Edited >

8
Understanding Russia’s referendums in Ukraine
The Kremlin has used the tactic before as it held a hastily called referendum in Ukraine’s Crimea region in 2014.

20 Sep 2022

https://www.aljazeera.com/news/2022/9/20/russia-unfolds-annexation-plan-for-ukraine

Russian-backed separatists began holding referendums in the occupied areas of eastern Ukraine, a move that triggered a chorus of condemnation.

The vote will pave the way for the formal annexation of swaths of territory by Russia after nearly seven months of the war with its neighbour, a former Soviet republic.

Why are the referendums happening?

The Kremlin has used this tactic before. In 2014, it held a hastily called referendum in Ukraine’s Crimea region that also was denounced by the West as illegal and illegitimate. Moscow used the vote as a justification to annex the Black Sea peninsula in a move that was not recognised by most of the world.

On Tuesday, authorities in the separatist Luhansk and Donetsk regions that make up Ukraine’s eastern industrial heartland known as the Donbas abruptly announced that referendums on joining Russia. Moscow-backed officials in the Kherson and Zaporizhia regions in the south also called votes.

Who wants a referendum?

The self-styled Donetsk People’s Republic (DPR) and the Luhansk People’s Republic (LPR), which President Vladimir Putin recognised as independent states just before the invasion on February 24, have said they want referendums on joining Russia from September 23 to 27.

The Kherson and Zaporizhia regions, which are yet to be recognised as independent states by Russia, have also said they will hold their own votes.

Russia does not fully control any of the four regions, with only about 60 percent of the Donetsk region in Russian hands.

How much territory could Ukraine lose?
Russia controls more than 90,000sq km (34,750sq miles) of territory, or about 15 percent of Ukraine’s total area – roughly the size of Hungary or Portugal.

Russia annexed Crimea in 2014. With Crimea and the territory in the four other regions, Russia would gain an area about the same size as the US state of Pennsylvania.

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9
https://www.youtube.com/watch?v=7GrKzYjx1eI

Sep 23, 2022  A British military expert has dismissed the first Russian mobilisation of troops since the Second World War as "low grade".

Retired Lieutenant Colonel Glen Grant said the call-up of 300,000 reservists would simply mean "more dead bodies" for Moscow.

10
Discussions about all nations and places / Re: Ukrainian counter-offensive
« on: September 24, 2022, 06:16:51 AM »
https://youtu.be/fiiAmiipj8g

Sep 23, 2022  A Ukrainian counter-offensive has forced Russia out of key eastern positions they had taken months to occupy.

Speaking to Forces News reporter Tom Sables, former US Army Major John Spencer, now Chair of Urban Warfare Studies at the Maddison Policy Forum, has explored the secrets to the success.

11
Informal settlers along ADB, JICA-backed rail project won’t be left out in the cold–DOTr
Published September 13, 2022, 5:35 PM

by Ellson Quismorio

https://mb.com.ph/2022/09/13/informal-settlers-along-adb-jica-backed-rail-project-wont-be-left-out-in-the-cold-dotr/

The Department of Transportation (DOTr) revealed during the House Committee on Appropriations’ consideration of the agency’s proposed 2023 budget Tuesday, Sept. 13 that the particular ISFs will not only be relocated; they will also get monthly interim rental subsidy for 18 months.

DOTr Undersecretary for Rails Cesar Chavez told congressmen that the country’s loan agreement with Asian Development Bank (ADB) provides funds for relocation, a P3,000 to P10,000 rental subsidy, and payment for structures and plants that would be removed due to the project construction.

The multi-billion North-South Rail project, jointly funded by the ADB and the Japan International Cooperation Agency (JICA), is expected to be completed by 2028. Once finished, it will ferry hundreds of thousands of passenger from Clark, Pampanga to Bicol.

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12
Diokno welcomes Moody’s favorable Baa2 rating, stable outlook

https://www.dof.gov.ph/diokno-welcomes-moodys-favorable-baa2-rating-stable-outlook/

Finance Secretary Benjamin Diokno welcomed Moody’s Investors Service’s rating decision on Thursday (September 15), which reaffirmed the Philippines’ Baa2 with a “stable” outlook, citing the resilience of the country’s economic recovery to external pressures and the government’s commitment to policy continuity.

“We welcome Moody’s reaffirmation of its favorable rating and outlook for the Philippines. The Marcos administration will continue to exercise fiscal prudence to ensure sufficient funding for our programs while meeting our financial obligations,” said Secretary Diokno.

Moody’s rating action was driven by the view that the challenging global credit conditions will not derail the country’s continued recovery from the COVID-19 pandemic.

In Moody’s view, the rebound in the country’s economic activity since mid-2021 has been strong and will be resilient to the current challenges posed by the turn in global credit conditions over the near-term.

The Philippine economy is likewise not significantly exposed to Russia. The country is less dependent on external demand as compared to Asia-Pacific peers given its relatively large domestic market, which in turn is further supported by stable remittance inflows from overseas Filipinos.

Moody’s also said that the government’s commitment to policy reforms helps assure gradual fiscal repair, following a reversal of the strengthening of the government’s fiscal and debt metrics resulting from the pandemic.

Moody’s cited the Marcos administration’s introduction of a Medium-Term Fiscal Framework as an assurance of gradual fiscal consolidation and debt stabilization.

The Framework, which aims to reduce the fiscal deficit, promote fiscal sustainability, and enable robust economic growth, emphasizes broadening revenue generation and maintaining high infrastructure spending.

The Philippines likewise retains fundamental strengths in terms of the stability of the banking system and the capacity to meet external debt repayments, despite cyclical pressures on the balance of payments and consequent exchange rate depreciation.

Moody’s also reaffirmed the government’s foreign currency senior unsecured shelf rating at (P)Baa2 and the senior unsecured ratings for the liabilities of the Bangko Sentral ng Pilipinas (BSP) at Baa2.

According to Moody’s, the credit quality of the BSP is closely aligned with that of the government.

13
Some FA-50PH jets on mandatory maintenance: PAF
By Priam Nepomuceno
 September 21, 2022, 12:00 pm

https://www.pna.gov.ph/articles/1184183

MANILA – The Philippine Air Force (PAF) on Wednesday said that its non-operational FA-50PH light jet fighters are undergoing scheduled mandatory maintenance.

"While it is true that we have FA-50 aircraft that are currently on non-operational status, most of them are just ongoing scheduled maintenance which are mandatory precautionary checks and they will be back in the air soon," said Air Force spokesperson, Col. Ma Consuelo Castillo, in a message to the Philippine News Agency.

This came after reports said only three FA-50PHs are operational as this time due to sustainability issues.

"Some are also awaiting spares which are coming from abroad. These parts are mostly what we call Time Change Items (TCI) and they need to be replaced after certain hours of use to ensure safety of flight operations," Castillo said.

She added that the delays in deliveries of these parts are largely affected by the slowdown of the supply chain due to recent global events.

"But rest assured that constant and close follow-ups are being done. As soon as we get the needed parts, the rest of our fighter jets will be flying soon," the PAF spokesperson said.

And despite the limited number of its operational fighter aircraft, Castillo said that the PAF is still able to perform its mandate as needed with commendable response time.

"Furthermore, with the prospects of additional aircraft as part of our modernization plans, our Air Force can even be so much better, " she added.

The South Korea-made FA-50PH is considered the PAF's premier air combat aircraft and is used extensively for air defense, attack, and other support missions.

The FA-50PHs had its baptism of fire in the Marawi City campaign where it was heavily used for close-air support mission roles along with the venerable OV-10 "Bronco" turbo-prop attack aircraft, SF-260 light bombers and various attack helicopters of the PAF.

The FA-50PHs have a top speed of Mach 1.5 or one and a half times the speed of sound and is capable of being fitted with air-to-air missiles, including the AIM-9 "Sidewinder" air-to-air and heat-seeking missiles aside from light automatic cannons and bombs.

A total of 12 FA-50s were acquired from Korea Aerospace Industries for PHP18. 9 billion.

The deliveries commenced in November 2015 and were completed in May 2017. (PNA)

14
Air Force has limited operational fighters due to logistics woes
September 21, 2022 , 06:40 PM
By Manny Mogato, News5 editor-at-large

https://news.tv5.com.ph/breaking/read/fighters-air-force-has-limited-operational-fighters-due-to-logistics-woes

(September 21, 2022) – The Philippine Air Force’s capability to defend the country’s airspace has been seriously affected by the lack of spare parts to operate the squadron of South Korean-made FA-50 light fighters even after two of the aircraft were seen escorting the president’s plane enroute to New York on Sunday.

Only three of the 12 light fighters remained operational, according to an air force official who declined to be named for security reasons, because of logistics problems which make it hard for the air force maintenance staff to replace broken parts.

“The story here is logistics flow and the maintenance that’s not catching up,” the unnamed air force official said, adding most of the FA-50s were sidelined due to periodic maintenance. “It’s not about the skills of the maintenance crew but it’s about the logistics that are needed to maintain the aircraft. It’s like in cars, some components fail so we have to replace them, we call these ‘Time Change Items’. They’re scheduled for repair and we already requested for the spare parts but our order has yet to arrive.”

Hopefully, he said two aircraft will be brought back to operational status by November. The fighters were sidelined as early as the second quarter of 2022.

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15
Ukraine has retaken settlements in Kharkiv region - Russian-installed official
September 9, 2022
9:29 AM PDT

https://www.reuters.com/world/europe/ukraine-has-retaken-settlements-kharkiv-region-russian-installed-official-2022-09-09/

MOSCOW, Sept 9 (Reuters) - Ukraine's advance in the Kharkiv region has been "very sharp and rapid" and Ukrainian forces have recaptured a number of settlements, the Russian-installed administrator of Russian-controlled parts of the region said in a live online broadcast.

"The enemy is being delayed as much as possible, but several settlements have already come under the control of Ukrainian armed formations," Vitaly Ganchev, head of the Russian-backed administration in Kharkiv region, said on state television host Vladimir Solovyov's daily livestream.

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