May 25, 2018, 3:41 am
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1 Philippine Peso = 0.07022 UAE Dirham
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1 Philippine Peso = 0.01621 Euro
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1 Philippine Peso = 0.01423 Falkland Islands Pound
1 Philippine Peso = 0.01423 British Pound
1 Philippine Peso = 0.08859 Ghanaian Cedi
1 Philippine Peso = 0.89503 Gambian Dalasi
1 Philippine Peso = 172.06501 Guinea Franc
1 Philippine Peso = 0.14027 Guatemala Quetzal
1 Philippine Peso = 3.93289 Guyana Dollar
1 Philippine Peso = 0.15004 Hong Kong Dollar
1 Philippine Peso = 0.45428 Honduras Lempira
1 Philippine Peso = 0.11999 Croatian Kuna
1 Philippine Peso = 1.19751 Haiti Gourde
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1 Philippine Peso = 1.30228 Indian Rupee
1 Philippine Peso = 22.63862 Iraqi Dinar
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1 Philippine Peso = 1.30863 Kyrgyzstan Som
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1 Philippine Peso = 17.20841 North Korean Won
1 Philippine Peso = 20.57725 Korean Won
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1 Philippine Peso = 6.29369 Kazakhstan Tenge
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1 Philippine Peso = 0.31807 Moldovan Leu
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1 Philippine Peso = 25.85086 Myanmar Kyat
1 Philippine Peso = 45.83174 Mongolian Tugrik
1 Philippine Peso = 0.15455 Macau Pataca
1 Philippine Peso = 6.76864 Mauritania Ougulya
1 Philippine Peso = 0.65679 Mauritius Rupee
1 Philippine Peso = 0.29771 Maldives Rufiyaa
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1 Philippine Peso = 0.37878 Mexican Peso
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1 Philippine Peso = 0.24208 Namibian Dollar
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1 Philippine Peso = 0.59598 Nicaragua Cordoba
1 Philippine Peso = 0.15388 Norwegian Krone
1 Philippine Peso = 2.08185 Nepalese Rupee
1 Philippine Peso = 0.02752 New Zealand Dollar
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1 Philippine Peso = 0.01912 Panama Balboa
1 Philippine Peso = 0.0627 Peruvian Nuevo Sol
1 Philippine Peso = 0.06117 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.20841 Pakistani Rupee
1 Philippine Peso = 0.06955 Polish Zloty
1 Philippine Peso = 107.60994 Paraguayan Guarani
1 Philippine Peso = 0.06959 Qatar Rial
1 Philippine Peso = 0.07495 Romanian New Leu
1 Philippine Peso = 1.17737 Russian Rouble
1 Philippine Peso = 16.18375 Rwanda Franc
1 Philippine Peso = 0.0717 Saudi Arabian Riyal
1 Philippine Peso = 0.15039 Solomon Islands Dollar
1 Philippine Peso = 0.26023 Seychelles Rupee
1 Philippine Peso = 0.34331 Sudanese Pound
1 Philippine Peso = 0.16581 Swedish Krona
1 Philippine Peso = 0.02562 Singapore Dollar
1 Philippine Peso = 0.01424 St Helena Pound
1 Philippine Peso = 0.42459 Slovak Koruna
1 Philippine Peso = 149.13958 Sierra Leone Leone
1 Philippine Peso = 10.7457 Somali Shilling
1 Philippine Peso = 397.36138 Sao Tome Dobra
1 Philippine Peso = 0.1673 El Salvador Colon
1 Philippine Peso = 9.84665 Syrian Pound
1 Philippine Peso = 0.24215 Swaziland Lilageni
1 Philippine Peso = 0.61434 Thai Baht
1 Philippine Peso = 0.04906 Tunisian Dinar
1 Philippine Peso = 0.04426 Tongan paʻanga
1 Philippine Peso = 0.08746 Turkish Lira
1 Philippine Peso = 0.12714 Trinidad Tobago Dollar
1 Philippine Peso = 0.57119 Taiwan Dollar
1 Philippine Peso = 43.51816 Tanzanian Shilling
1 Philippine Peso = 0.49847 Ukraine Hryvnia
1 Philippine Peso = 71.12811 Ugandan Shilling
1 Philippine Peso = 0.01912 United States Dollar
1 Philippine Peso = 0.59981 Uruguayan New Peso
1 Philippine Peso = 152.58126 Uzbekistan Sum
1 Philippine Peso = 1501.96941 Venezuelan Bolivar
1 Philippine Peso = 435.35373 Vietnam Dong
1 Philippine Peso = 2.08088 Vanuatu Vatu
1 Philippine Peso = 0.0494 Samoa Tala
1 Philippine Peso = 10.62849 CFA Franc (BEAC)
1 Philippine Peso = 0.05163 East Caribbean Dollar
1 Philippine Peso = 10.62849 CFA Franc (BCEAO)
1 Philippine Peso = 1.92218 Pacific Franc
1 Philippine Peso = 4.7782 Yemen Riyal
1 Philippine Peso = 0.24216 South African Rand
1 Philippine Peso = 99.22562 Zambian Kwacha
1 Philippine Peso = 6.91969 Zimbabwe dollar

P16B cruise port proposed

Port mogul Enrique Razon has offered to build a $308-million cruise port facility in Manila.

The project has obtained the support of President Duterte as the proposal is in line with the government’s National Cruise Tourism Development Strategy (NCTDS).

Razon through his real estate company Sureste Properties Inc. proposed to build the Solaire Cruise and Yachting Center (SCYC) in Paranaque City near Solaire Resorts and Casino which he owns.

The project, to be implemented for a period of two to 10 years, would include marine and terminal facilities, homeport and port-of-call operations, an expanded harbor offering dining, shopping, entertainment and maritime recreation, and walkable esplanades and plazas.

Razon and consultant to the project Guillaume Lucci presented the unsolicited proposal recently to President Duterte after the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) endorsed the project.

The President expressed no objection to the proposal subject to the compliance of all government required permits and environmental clearances.

Duterte made reference in particular to the impact to the environment and his policy of zero tolerance on corruption, Sureste said in a statement.

The center will develop a Philippines-centric cruise industry with a domestic itinerary to boost local tourism.

It also aims to bring home Filipinos who are working in cruise tourism and accelerate development of seafarer training in the Philippines and  to reduce pressure on airports.

As an unsolicited proposal, SCYC would have to go through Swiss challenge.

 The project is also in line  with TIEZA’s legacy project: The Manila Cruise Port. 

The development of a cruise port facility in Manila is one of the projects in the NCTDS.

Manila has been identified as a strategic location for cruise tourism in the National Tourism Development Plan. This is in accordance to Republic Act No. 9593 (Tourism Act of 2009) which declares tourism as an indispensable element of the national economy and an industry of national interest and importance for its immense socio-economic contributions and upliftment of national pride.

Pursuant to the Department of Tourism (DOT) Department Order No. 2017-48, TIEZA has been designated as the lead agency responsible in the construction and development of the cruise-dedicated port in Manila, and in other priority ports in the country. 

TIEZA is working together with the Cruise Tourism Development Committee  in ensuring the Philippines is cruise-ready, cruise-friendly, attractive to market, and maximizes the benefits of cruise tourism for the inclusive growth of the destinations and the country.

Sureste said  Transportation Secretary Arthur Tugade  also expressed support to the project.

Tugade noted the urgency of having of a dedicated port for cruise and complementary facilities as the current constraints of the Manila Harbor do not produce a conducive environment for cruise passengers and even pose delays in the cargo handling of the port area.

National Economic and Development Authority  Secretary Ernesto Pernia welcomed the proposal of the Sureste group and mentioned the possibility of putting up peripheral ports by other investors in the other regions to support the Manila Cruise Port.

 Philippine Ports Authority general manager Jay Santiago gave the proponent the go-signal to develop a private commercial cruise terminal port facility located at Barangay Tambo, Paranaque City subject to the submission of an environmental compliance certificate.

The project shall be applied for designation as a tourism enterprise zone of TIEZA, under which the proponent can avail of fiscal and nonfiscal incentives and pursue other workable expectations.

TIEZA is inviting bidders for the consultancy services on the feasibility study (FS) for the construction of a Cruise Port Facility and Terminal in the cities covering portions of Paranaque, and Pasay cities. 

The  area covers the bay area of the CCP complex, particularly the CCP-owned area subject of the TIEZA-CCP memorandum of agreement  and is extended to cover the bay area of Entertainment City in Paranaque.

This FS is a step towards master planning the Cruise Port Project on the identified feasible location and the detailed engineering design requirements.
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