ECONOMIC AFFAIRS: Senator JV Ejercito, chair of the Senate Economic Affairs Committee, shakes hands with Socio-Economic Planning Secretary Arsenio Balicasan during the first Economic Affairs Committee Hearing, Wednesday morning. Ejercito discussed with the National Economic and Development Authority (NEDA) officials bills primarily referred to the committee such as the conversion of Sangley Point in Cavite City into an International Logistics Hub by Sen. Ramon Bong Revilla Jr. and the creation of Microenterprise Development Institutions by Sen. Cynthia Villar. (PRIB Photo by ALBERT CALVELO, August 14, 2013)