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November 4, 2011
Philippine financial system stable

 

MANILA, Philippines (Xinhua) (Nov. 4, 2011) - The Philippine financial system was in good shape in the first half of this year as evidenced by steady lending growth, expanding assets, stable funding base and abundant liquidity, the central bank reported today.

"The seeds of earlier reforms nurtured by the currently improving macroeconomic environment and global investor sentiment to the Philippine sovereign continue to bear fruit as the Philippine financial system sustained its growth spurt for the first semester of 2011 amidst global economic slowdown," Central Bank Governor Amando M. Tetangco Jr. said in a statement...

MANILA, Philippines (Xinhua) (Nov. 4, 2011) - The Philippine financial system was in good shape in the first half of this year as evidenced by steady lending growth, expanding assets, stable funding base and abundant liquidity, the central bank reported today.

September 17, 2011
PCIC pays out P2.5 million to 300 farmers

BULA, Camarines Sur (Sep 16, 2011) - The Philippine Crop Insurance Corporation (PCIC) made a payout of P2.5 million to more than 300 farmers who suffered crop losses due to flood caused by Typhoon Juaning.

BULA, Camarines Sur (Sep 16, 2011) - The Philippine Crop Insurance Corporation (PCIC) made a payout of P2.5 million to more than 300 farmers who suffered crop losses due to flood caused by Typhoon Juaning.

According to Gerry Obias, spokesman of PCIC Regional Office based in Legazpi City, a total of 312 farmers in the Rinconada district, including 75 farmers in the town of Bula and 35 farmers in Bato, are the beneficiaries of the said insurance payout. The farmer beneficiaries suffered losses in a combined area of 500.1 hectares.

July 8, 2011
Gasoline subsidy cards distributed in Naga

NAGA CITY (July 6, 2011) – Today at least 1,580 beneficiaries of Pantawid Pasada Program (3P’s) of the Aquino administration received gasoline subsidy of the government through smart cards distributed by the Department of Energy (DOE).

NAGA CITY (July 6, 2011) – Today at least 1,580 beneficiaries of Pantawid Pasada Program (3P’s) of the Aquino administration received gasoline subsidy of the government through smart cards distributed by the Department of Energy (DOE).

DOE Undersecretary Zenaida Monzada who led the awarding of cards to jeepney drivers and operators confirmed the program is a onetime subsidy of the government amounting to P1, 050 per vehicle regardless who owns the it and how many unit a particular operator possesses.

June 8, 2011
RH Bill endorsed for Senate plenary approval

MANILA, Philippines (June 6 2011) (Xinhua) - The controversial reproductive health (RH) bill has finally been endorsed for plenary debates at the Senate, but discussions and voting on the legislation will take place in July as Congress goes on recess on Thursday.

MANILA, Philippines (June 6 2011) (Xinhua) - The controversial reproductive health (RH) bill has finally been endorsed for plenary debates at the Senate, but discussions and voting on the legislation will take place in July as Congress goes on recess on Thursday.

Twenty senators signed Committee Report No. 49 of the Senate committees on finance, health and demography, and youth, women and family relations, paving the way for heated arguments, just like in the House of Representatives, on whether to allow or not unhindered public access to contraceptives.

May 9, 2011
Missing P42M War Veterans Pension Fund Still Unaccounted

NAGA CITY---After six years since it was first exposed in Congress, the missing P42M pension fund for the World War II veterans remains unaccounted for, according to an official of the national veterans’ federation.

NAGA CITY---After six years since it was first exposed in Congress, the missing P42M pension fund for the World War II veterans remains unaccounted for, according to an official of the national veterans’ federation.

Francisco T. San Miguel, secretary general of the Philippine Veterans Association, said the P42M pension fund represents veterans’returned pension checks which had been initially deposited at the Veterans Bank.

April 19, 2011
Iriga to Speed up Pension Program for Senior Citizens

Iriga City, April 18 (PIA) --- Pursuant to the provisions of the Expanded Senior Citizens Act of 2010, the local government of this city, under the leadership of Mayor Madelaine Alfelor-Gazmen, has already started the registration process to check out qualified senior citizens who would benefit from the social pension for indigent senior citizen’s program

Iriga City, April 18 (PIA) --- Pursuant to the provisions of the Expanded Senior Citizens Act of 2010, the local government of this city, under the leadership of Mayor Madelaine Alfelor-Gazmen, has already started the registration process to check out qualified senior citizens who would benefit from the social pension for indigent senior citizen’s program, an endeavor also being pursued by the national government.

November 21, 2010
PPP: More Public Debt, Less Government Responsibility

Manila –Aside from further bloating the debt burden, Aquino’s PPP thrust will also facilitate increased corporate takeover of government roles and at the expense of public interest

Manila –Aside from further bloating the debt burden, Aquino’s PPP thrust will also facilitate increased corporate takeover of government roles and at the expense of public interest

On November 17-19, Malacañang will host a major event called “Infrastructure Philippines 2010” or what is referred to in the media as the public-private partnership (PPP) summit. This is an important summit for President Benigno “Noynoy” Aquino III, who has made PPP the centerpiece of his administration’s development plan.

November 21, 2010
PPP: More Public Debt, Less Government Responsibility

Manila –Aside from further bloating the debt burden, Aquino’s PPP thrust will also facilitate increased corporate takeover of government roles and at the expense of public interest

Manila –Aside from further bloating the debt burden, Aquino’s PPP thrust will also facilitate increased corporate takeover of government roles and at the expense of public interest

On November 17-19, Malacañang will host a major event called “Infrastructure Philippines 2010” or what is referred to in the media as the public-private partnership (PPP) summit. This is an important summit for President Benigno “Noynoy” Aquino III, who has made PPP the centerpiece of his administration’s development plan.