The Philippine eLib has been launched. Check out the press release.
It does not seem to be fully functional yet—e.g., bibliographic information from the five partners is still incomplete (see Portal Collections); "For Corporate Subscriptions, please contact us at: +63-XXX-XXXX or email us at XXX@elib.gov.ph" (see Registration Form)—but libraries in the Philippines with limited budgets will probably be interested in becoming members, if only to have access to the Electronic Databases. Unfortunately, local databases that foreign libraries might want to subscribe to do not seem to be available through the eLib.
Here's hoping that the project is able to achieve its objectives!
The Philippine eLib
