This is a breaking news story. *Update* – at least 4 dead. MANILA, Philippines – Philippine police have entered a bus after shots were heard from the hostage-taker of 15 Chinese tourists, and at least four of the hostages crawled out of the back door. There was no immediate confirmation of any casualties in the [...]
President Aquino vowed to “rebuild the Philippines” in a recent speech at an international auto show. His presidency appears to mark a new era in renewed economic confidence that the Philippines may continue to grow and establish itself as a competitor in the global economic market. The Philippines has a long way to go of [...]
ABS-CBN is a corporate giant in the Philippines. This is good news for the Philippine economy. They also operate a successful foundation. It’s also good news for my wife that they won’t be going out of business any time soon. She watches their programs religiously via the internet! MANILA, Philippines (Xinhua) – ABS-CBN Broadcasting [...]
The Technical Education and Skills Development Authority (TESDA) is set to receive 700 million pesos for scholarship funds by the Aquino administration. TESDA helps Filipinos acquire vocational skills and technical training and provides certificate programs for their scholars. This education is a valuable asset that helps encourage both foreign and domestic employment of Filipinos. [...]
The value of the Philippine Peso is currently at 44.9 pesos per US dollar. The recent shrinkage in value against the dollar has caused debt stocks to rise according to the National Treasurer. MANILA, Philippines (Xinhua) – The government borrowed on net basis P4.5 trillion ($100.2 billion) worth of funds from foreign and domestic [...]
President Aquino recently inspected two dirty waterways outside of Malacanang near the presidential palace. These ‘creeks’, like many waterways in the Manila metro area, were reported to be “filthy.” One vision I’ve had for the Philippine Aid Society is to devise some program to help clean and maintain the cleanliness of such waterways. This [...]