Thursday, November 30, 2023

Cebu Pacific Holds Travel Familiarization For Autism Society Philippines

Cebu Pacific and Autism Society Philippines make air travel inclusive for children with autism, celebrating diversity on World Children’s Day!

RELX Ranks First In Global E-Vapor Industry Rating By S&P Global

RELX Technology Inc. excels in S&P Global’s ESG assessment, topping global e-cigarette companies for the second year, highlighting its impressive Environmental, Social, and Governance practices.

#KasamaSaBestLife Pro Tip: Developing A Self-Care Plan

Prioritize self-love, build a holistic self-care plan, and join Run for Wellness with Southstar Drug and Maxicare for a healthier you!

Take Home Bundles Of Deals With ASUS And ROG Share 2023 Holiday Promo

ASUS and ROG’s Share 2023 holiday promo unveils OLED laptops, 16-inch devices, and gaming bundles with more than Php50,000 freebies.

Busan Offers Higher Perks As It Bids To Host World Expo 2030


Busan Offers Higher Perks As It Bids To Host World Expo 2030

How do you feel about this story?


Higher incentives await participating developing countries, including the Philippines, at the World Expo 2030 should the South Korea government win the bidding to host the international event.

South Korea will provide USD4 million for each developing country that will participate in the World Expo 2030, according to Hwang Hyun-ki, Busan Metropolitan City Overseas Expo Outreach Division director.

Hwang said the incentive is higher than the USD3 million other World Expo bidders Italy and Saudi Arabia will provide.

“It’s USD4 million covering 110 countries out of 180 to build their pavilion and support the manpower or the material to run their own country pavilion,” he told participants of the 2023 International Journalists Invitation Program of the Korean Culture and Information Service here Sunday.

Part of the assistance for developing countries will include construction of the pavilions, arrangement of pre-events, provision of communications, as well as operating, travel, and lodging expenses.

The World Expo is a prominent platform to showcase nations’ economic and cultural strengths to the international community.

It is also where participating countries share best practices and offer new solutions to the evolving challenges that the planet is facing.

During the Philippine Country Business Briefing at Expo 2020 Dubai, held in 2022 due to the Covid-19 pandemic, the Philippines bagged PHP33 billion worth of investments that would have generated 4,000 new jobs after participating in the international exposition.

The expo is being held every five years. Osaka, Japan will host the 2025 edition.

Busan is vying for one of the world’s most famous events as hosting the World Expo 2030 could bring economic impact, generate jobs, and boost tourism for the host city.

Hwang said the Korean government urges the Association of Southeast Asian Nations (ASEAN) member countries to support South Korea’s bid for the World Expo 2030.

He added that Busan’s hosting of the expo would mean increased demand for goods that can be sourced from the Philippines and nine other ASEAN member states. (PNA)