Pagcor to build Clark medical center–exec

The Philippine Amusement and Gaming Corp. (Pagcor) is setting up the Clark Multi-specialty Medical Center which will service the health needs of regions 1, 2 and 3, one of the key promises of President Ferdinand r Marcos Jr. in his first state of the nation tengco bared the gaming agency’s infra deliverables during the 40th anniversary celebration of Pagcor where he vowed to continue in helping beef up the nation’s coffers with dividend remittances expected to hit P70 billion by yearend. As of June, total dividends have reached P45 billion. t he Pagcor chief said funding for the Multi-specialty Center will come from solaire resort and Casino’s Bloomberry Foundation while the specialty equipment will come from the funds to be provided by the gaming agency as well as the foundation arms of other casino licensees. t he specialty medical center was inspired by the establishment of the Philippine heart Center, the Lung Center and other specialty hospitals that were put up during the administration of President Marcos sr. With the setting up of a medical center in the Clark ecozone, citizens from ilocos, La Union, Cagayan and other provinces need not travel to Manila for their health needs. tengco said Pagcor will also continue to put up one, two and three-storey school buildings all over the country, as well as socio-civic centers that will double as evacuation sites, community centers and e-learning centers. tengco said the construction of regional specialized hospitals in Clark, Pampanga is in support of the present administration’s thrust to provide more specialty hospitals in provinces and highly urbanized cities.

Address, according to Pagcor Chairman and CeO Alejandro h tengco.

Aside from this, the gaming agency will have a special caravan dubbed Bawat Buhay Mahalaga serbisyo which will distribute educational and medical aids to the populace.

Pagcor has so far contributed P607 billion for the nation for the past 40 years plus another P64 billion in dividends, tengco said in a speech that was attended by the President, First Lady Liza Araneta Marcos and house speaker Martin romualdez.

“it will consist, among others, of a heart center, kidney center, cancer center, and a children’s hospital. t his project is intended to alleviate the plight of our fellow Filipinos by bringing quality healthcare closer to people living outside Metro Manila,” he added. in tuesday’s 40th anniversary celebration, Pagcor unveiled its new logo that incorporates the element of fire associated with energy, inspiration, passion, and transformation. t h is, as the erC said it would file a motion for reconsideration before the CA soon. t he agency said it received last t he power firm said it will continue to find ways to help ease the impact of the current power crisis, while ensuring it can sustain operations and meet the country’s evolving power needs.

“ t he new logo signifies the flame that ignites change and drives progress. t he logo likewise reflects a beacon which symbolizes guidance, leadership, and direction and represents a guiding light that helps people find their way,” tengco said.

“All these taken together, our new logo reflects Pagcor’s long standing commitment of being a guiding force that illuminates the way forward, drives transformation and development, and brings inspiration and motivation to the lives it touches,” he added.

The power arm of conglomerate s a n Miguel Corp. ( s M C) said t h ursday the ruling of the Court of Appeals (CA) reflects “a fair decision” that fosters growth in the power industry.

“ t he decision of the CA upholds the constitutional mandate of due process that guarantees the right to be treated fairly and effectively by quasi-judicial bodies like the e n ergy r e gulatory Commission [erC ], and in the process, assure a fair and balanced regulatory environment that equally protects the rights and interests of all stakeholders involved,” s a n Miguel Global Power said.

“We are already preparing motion for reconsideration for the case. We haven’t discussed with O s G [Office of the s olicitor General]. t hey are putting together a draft motion. We are reiterating the arguments raised before,” said erC Chairperson Monalisa d i malanta during a press briefing held t hu rsday afternoon.

July 12 a copy of the Joint d e cision rendered by the t h irteenth (13th) d i vision of CA, which granted the petitions filed by s a n Miguel Global Power’s units, s outh Premiere Power Corp. (sPPC) and s a n Miguel e nergy Corp. (sM e C ), to annul the orders issued by the erC on s e ptember 29, 2022, denying the generation companies’ plea for electricity price increase. “ it is regrettable that the erC ’s unfair decision early on to reject our joint petition with Meralco for a temporary rate hike—despite proving to be the least cost option at that time for power consumers—resulted in consumers shouldering the burden of much higher electricity rates,” sa n Miguel Global Power said.

“We look to forge even stronger partnerships with government, consumers, and other key stakeholders to help shape a more resilient and sustainable energy landscape for all.” Lenie Lectura