“Foreign Direct Investments (FDIs) and the strong peso are boosting us.”
Thus enthused Press Secretary and Presidential Spokesperson Ignacio R. Bunye over the report of the Bangko Sentral ng Pilipinas (BSP) that FDIs “recorded net inflows of US$357 million, or a year-on-year growth of almost 51 percent” in January 2007 alone.
Three of 20 indigenous people (IP) or lumads who are assisted in their college studies by the Aboitiz-owned Davao Light and Power Company through the Mindanawon Initiatives for Cultural Dialogue (Mindanawon) graduated last March 24, while one finished her course last October but joined the graduation rites also last month.
The Asian Institute of Management (AIM) brings to Davao a four-day course that would help improve management capabilities of mostly Davao family-owned companies.
Nicholas Dy, chairman of the AIM Alumni Association (AIMAA) Davao Chapter at Club 888 Forum of The Marco Polo Hotel on Wednesday said bringing in to Davao the short-term course on ?Managing Family Corporations? is their commitment to uplift the managerial capability of business players in the area.
The gap between the unimaginable wealth of the country?s richest families and the poorest households highlights the yawning income inequalities that further widened under the Arroyo administration, according to independent think-tank IBON Foundation.
News Release
April 10, 2007
Satur to push P10-B fund for elderly’s mandatory health insurance
Bayan Muna Rep. Satur Ocampo today vowed to push for mandatory health
insurance for all Filipino senior citizens in the next Congress.
“Filipino senior citizens deserve to obtain mandatory health insurance
after offering most of their lives to helping uplift their families
and the nation,” said Ocampo, himself a senior citizen who turned 68
on Saturday.