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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Philippines: Satur to push P10-B fund for elderly’s mandatory health insurance

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.

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Philippines: Need for higher investments to sustain growth and create more jobs

Contacts
In Manila: Leonora Aquino-Gonzales (632) 917-3003, lgonzales@worldbank.org
Anissa Tria (632) 917-3013, atria2@worldbank.org
In Washington: Mohamad Al-Arief (202) 458-5964, malarief@worldbank.org

MANILA, April 5, 2007 ? A decade after the financial crisis which devastated East Asia in mid-1997, the region is much wealthier, has fewer poor people and a larger global role than ever before, says the World Bank?s latest East Asia & Pacific Update?a six-monthly report on the region?s economic and social health. But with this success, comes a new wave of challenges for countries trying to maintain high growth in a sustainable way, thus avoiding the ?middle income trap.?

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