Author: DAVAO TODAY

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Universities Worldwide Must Tackle Global Energy, Environment Woes

12 presidents from top Asian, Middle Eastern universities join in asking for cooperation in solving energy and environmental concerns

May 8, 2007 — Proclaiming that “energy and environmental issues represent the greatest challenges of this century,” Washington University Chancellor Mark S. Wrighton joined presidents of 12 other premier research universities in calling for universities worldwide to marshal their resources for a global effort to secure a brighter, sustainable future.
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US Campaign for Philippines’s Kabataan Partylist Ends with Music, Poetry

New York City & Los Angeles?In nationally-coordinated events in California and New York last April 28, 29 and May 4, over 350 Filipino youth gathered to show unwavering support for KABATAAN Partylist, the leading and only partylist representing the youth sector in the upcoming elections in the Philippines. Using rock and acoustic music, hip hop, poetry, and shadow theater, Filipino youth used their creativity to show how their local issues are connected with the issues of youth in the Philippines addressed by the KABATAAN Partylist.
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Peso?s Gain Is OFWs? Bane

MANILA, Philippines ? In a remittance slip, there was an additional US$50 that Cesar Dimasupil?s daughter Arlene sent from London. But he remained stoic. ?That [money] would just even things out,? Dimasupil says of the dilemma that most families of overseas Filipino workers are facing under a stronger peso and a record-low inflation rate.

Dimasupil, like most Filipinos brought up in a male-as-strong society, says he doesn?t know if he should celebrate for getting the added money from something he said he shouldn?t have asked from his daughter in the first place. ?But what can I do? They say the strong peso could lead to lower prices. That hasn?t happened in the past months,? Dimasupil said.

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Philippines: BPI joins fray to capture remittance from Pinoys in Europe

by WILLIAM ALZONA
www.ofwjournalism.net

MAKATI CITY, Philippines –BEFORE sliding to third position in the Philippine banking industry, Ayala family-led Bank of the Philippine Islands set its eyes on the profitable remittance market that Philippine National Bank previously dominated.

But with its shareholder hobbled by regulations in the United States, where bulk of remittances from some eight million overseas Filipinos go through, BPI settled for the United Kingdom.
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Philippines: IMF team affirms weak link between OFW money, investments

by JEREMAIAH M. OPINIANO
www.ofwjournalism.net

MANILA, Philippines ? A team from the International Monetary Fund observed that remittances from an estimated eight million Filipinos abroad have not led to increased investments.

Ever since the country?s investment ratio has steadily declined since the 1997 Asian financial crisis, increasing remittances ?has not increased investment,? IMF?s Ayako Fujita and Srikant Seshadri wrote in a policy analysis paper of selected Philippine economic issues done by a six-person IMF team.

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