Economy

Philippines: BIR’s Bunag Tells Davao Grads to Dream

DAVAO CITY — In powder blue toga, the 460 boys and girls ages 16 to 17 who belong to the 58th graduating high school students of the Ateneo de Davao University were honored by the presence of Bureau of Internal Revenue Commissioner Jose Mario C. Bunag as their commencement speaker and disclosed to them the plans of his bureau for the youth.

Bunag who is also a Blue Knight being a graduate of the Ateneo de Manila University came to Davao City to share his experiences and his commitment while serving the government.

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Philippines: FDIs and Strong Peso Boosting Economy ? Bunye

“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.

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Davao Light-Assisted Lumad Scholars Get College Degree

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.

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AIM Brings 4-Day Course to Davao

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.

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Philippines: Wealthiest Grew Richer Under Arroyo

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.

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