Michael Apacible Bulletin

  LCBO Removes U.S. Alcohol Products from Store Shelves: A Major Blow to American Producers LCBO Halts Sales of U.S. Alcohol Products The Liquor Control Board of Ontario (LCBO), the largest purchaser of alcohol in the world, has begun the removal of U.S. alcohol products from its store shelves. As the exclusive wholesaler in the province, LCBO’s decision means that American brands will no longer be available in its catalog. This change will affect not only LCBO stores but also other retailers, bars, and restaurants throughout Ontario, preventing them from restocking U.S. products. A Billion-Dollar Market Disrupted This decision represents a significant financial setback for American alcohol producers. The LCBO sells nearly $1 billion worth of U.S. wines, beers, ciders, seltzers, and spirits annually, featuring more than 3,600 products from 35 states. The removal of these items from LCBO shelves effectively eliminates a major market for American alcohol manufacturers. Immediate Impa...

President Aquino Inspects FA-50 Fighter Jets in South Korea – December 2014 A Critical Inspection Before Returning to the Philippines In December 2014, before returning to the Philippines, President Benigno Aquino III made a significant stop at Gimhae Air Base in Busan, South Korea, to inspect the FA-50 fighter jets set to be acquired by the country. Officials from Korea Aerospace Industries and the Korean Air Force presented the aircraft to the President, emphasizing their cutting-edge capabilities. The procurement of twelve FA-50 jets marked a historic step in the modernization of the Armed Forces of the Philippines (AFP). The Cost and Strategic Importance of FA-50 Fighter Jets By December 2015, the first two FA-50 fighter jets were expected to be delivered to the Philippines. The entire deal, covering twelve units, amounted to PHP 18.9 billion. President Aquino underscored the significance of this acquisition, especially since the last purchase of such aircraft by the Philippines wa...