DBP Sets Aside P5.2 Billion for Mindanao Projects

By Germelina Lacorte
davaotoday.com

DAVAO CITY—The Development Bank of the Philippines (DBP) has set aside 5.2 billion pesos this year to finance both pipeline and newly proposed projects in Mindanao, an official of the bank said.

Rey Magno Teves, DBP director, said the bank has the funds to finance critical infrastructures that he hoped would spur economic activities in Mindanao.

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Hostaging Highlights Worsening Education System


This Is the State of RP Education — in the Toilet. Public schools around the country are like this restroom in a Metro Manila school. (Bulatlat photo by Trina Federis)

It’s as predictable as it is insensitive — the Arroyo administration’s reaction to the hostage drama involving Jun Ducat, an owner ot a daycare center in Manila who took hostage 32 of his students and two teachers and complained about corruption in the Philippine government and the failure of the administration to provide adequate education. According to Executive Secretary Eduardo Ermita, the incident puts the country in a bad light, blaming the intense media coverage of the situation.

Never mind that the drama actually highlights one of the more depressing aspects of the Philippines — the deterioration of its education system and the sheer inability of poor Filipinos to send their children to school.

Check out this Davao Today story on the subject. Check out, too, our coverage of education issues, as well as this package of stories from Bulatlat.

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USEP Students Win Top Invention Awards

DAVAO CITY ? Students from the University of Southeastern Philippines College of Engineering students bagged the first place in three out of five categories in the Project Research Invention Contest during the Second Regional Engineering Congress held early this month at the NCCC Mall, Davao City.

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