Monday, 18 February 2013

PIA News Dispatch - Monday, February 18, 2013

President Aquino receives Special Envoy of the Amir of Kuwait in Malacañang

President Benigno S. Aquino III received Dr. Yousef Al Ebraheem, Special Envoy of the Amir of Kuwait, in Malacanang on Monday.

The special envoy paid his courtesy call on the Chief Executive during a simple ceremony held at the Music Room of Malacanang Palace. He was accompanied by His Excellency Waleed Ahmad Al-Kandari, Ambassador of the State of Kuwait to the Philippines.

Also in attendance were Foreign Affairs Secretary Albert F. del Rosario and Assistant Secretary Petronila Garcia, of the Department of Foreign Affairs.

The meeting is aimed at further strengthening the growing relations between the State of Kuwait and the Philippines.

The State of Kuwait is one of country's leading investment and development partners in the Middle East. The Philippines opened the Philippine Trade and Investment Center in Kuwait City in 2009 to boost economic cooperation and facilitate several business matching conferences between the Filipino and Kuwaiti businessmen. PND (js)

President Aquino welcomes members of Asian Organization of Supreme Audit Institutions in Malacañang

President Benigno S. Aquino III welcomed Monday the members of the Asian Organization of Supreme Audit Institutions (ASOSAI) as he expressed hope that their activities in the Philippines will give them additional knowledge and experience for the benefit of their respective countries.

“I am sure that you, as members of the Asian Organization of Supreme Audit Institutions, understand just how important this kind of transparency is: every single peso—every yen, ringgit, or baht—must be accounted for, as we are spending this money on behalf of our people,” the President said in his speech before the ASOSAI members Malacanang.

“And since we are all in public service, each and every expenditure must have a corresponding value—a value that redounds to the benefit of our people," he said.

The President noted that over the next few days, he expects the participants to have ample opportunity to talk about both their success stories and the challenges they have encountered.

The President also cited the unity of the organization in its desire to foster integrity in governance.

During his speech, the President underscored the importance of treading the “straight path” that his administration champions adding that by doing the right thing the government could immediately uplift the condition of the people and attain inclusive growth.

“This path is one we cannot tread alone: for the nation to move forward as a whole, everyone must do their part, from those of us in government to the private sector,” he stressed.

The Commission on Audit (COA) helped the administration correct excesses in the Metropolitan Waterworks and Sewerage System (MWSS), which gave exorbitant bonuses and allowances.

The discovery of the anomaly allowed the government to make important changes in the way that these corporations were run to ensure integrity, accountability, and transparency in government agencies.

According to the President, the Philippines is fortunate that with the COA, so many other countries continue to come together under an atmosphere of cooperation to help each other move forward.

“After all, no matter what country we are from, no matter what position we occupy, we are all called upon to serve with integrity, and to perform our duties to the best of our abilities,” he said.

ASOSAI is one of the Regional Groups of the International Organization of Supreme Audit Institutions (INTOSAI).

Established in 1979, ASOSAI has 45 members composed of charter members, members and associate members. PND (as)

President Aquino meets with officials of Mitsubishi Corporation in Malacanang

President Benigno S. Aquino III welcomed the officials of Mitsubishi Motors Corporation (MMC), one of Japan's leading automakers, led by its President Osamu Masuko in Malacanang on Monday.

Masuko and other officials of the MMC paid their courtesy call on the Chief Executive in ceremonies held at the Music Room of the Malacanang Palace on Monday. Also present was Yoji Sato, president of the Sojitz Corporation of Japan.

Trade and Industry Secretary Gregory Domingo joined President Aquino in welcoming the Japanese visitors.

Last year, Masuko also visited the Philippines to attend the launching of the company’s latest model, the All-New Mirage subcompact hatchback. He did not discount the possibility of Mitsubishi investing in new models in the Philippines.

Mitsubishi Motors Philippines Corp. expressed confidence that the company will perform even better in 2013 as the country is currently experiencing significant economic growth.

The Philippines’ gross domestic product (GDP) grew by 6.8 percent in the 4th quarter of 2012 that paved the way for the annual GDP to post a faster-than-expected annual growth of 6.6 percent. PND (js)