Strengthening Philippines Peso to Attract More Investments: TU

MANILA — Team Unity senatorial bets are bullish that the steady rise of the peso, which has just hit a new six-year high of P47.455 per $1, will spell greater social payback for the masa and enable the government to save more from servicing its debts and thereby have more funds for its infrastructure and socio-economic projects.

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Philippines: TU Wants Strict Penalty for Water Polluters

Team Unity senatorial candidates will support the passage of new legislation imposing stricter penalties on polluters of water sources.

Senatorial candidates Edgardo Angara, Michael Defensor, Cesar Montano, Tessie Aquino-Oreta, Luis “Chavit” Singson, and Vicente “Tito” Sotto III said there is a need to pass laws that would deter the pollution of the diminishing water sources in the Philippines.

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Education High on Team Unity Agenda

MANILA — Team Unity senatorial candidates have vowed to prioritize education in the coming Congress as a way to bridge the gap between the poor and the rich in this country.

Senatorial candidate Tessie Aquino-Oreta said that given the correct and adequate education, the country’s youth would grow as productive individuals who could free themselves from generational poverty.

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Expect more Philippines-India collaboration, says Arroyo

MANILA — President Gloria Macapagal-Arroyo said last night there are boundless opportunities and potential for more collaboration between the Philippines and India which is on the verge of becoming one of the top economies in the world.

Speaking at the membership meeting of the Indian Chamber of Commerce Philippines at the Hotel Intercontinental in Makati City, the President described India’s growth and huge market potential as a positive development that could further propel the growth of the Philippines and other Asian countries.
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