Fri08292014

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Dangerous places

Dangerous places

SOMETIMES we overestimate or underestimate the reality around us. Our own child is the best and the brightest, while the kid next door is not even near the same category.

Resorts World Manila at 5: Ultimate paradise of lifestyle and entertainment

Resorts World Manila at 5: Ultimate paradise of lifestyle and entertainment

LUXURIOUS shopping, dining haven, staycation haven, world-class entertainment—these and much more are what Resorts World Manila (RWM)—the country’s first, largest, and finest integrated lifestyle and tourist destination—has to offer to Filipinos and tourists alike.

The Bank Marketing Association of the Philippines, on its 40th year, propagates banking accessibility

The Bank Marketing Association of the Philippines, on its 40th year, propagates banking accessibility

IT is often said that the bank­ing industry reflects the larger economy—its significance to all sectors of the society makes it a mirror of what is hap­pening fiscally to a whole country. However, it remains a reality that majority of the population has yet to achieve financial literacy. A study of the Bangko Sentral ng Pilipinas (BSP) revealed that only 20 percent of Filipino households have bank accounts. Some of those who do not have bank accounts say they lack funds and the capability to manage their finances. Others say that they do not have access to financial servic­es within their locations, while some admit that they just get frightened to commit to banking requirements.

MGB lifts suspension on Philex’s Padcal mine

MGB lifts suspension on Philex’s Padcal mine

THE Mines and Geosciences Bureau (MGB) has lifted on August 27 the suspension order on Philex Mining Corp. in connection with the tailings-pond leak at the Padcal mine in Tuba, Benguet, that happened on August 1, 2012.

News

Govt seeks at least 6.9% H2 growth

The government gained confidence in hitting its gross domestic product (GDP) growth targets for 2014, after reporting a 6.4-percent economic expansion in the second quarter of the year.

Drilon warns ‘underspending’ may spoil Aquino growth target

SENATE President Franklin M. Drilon, an Aquino administration ally, on Thursday came out batting for the Disbursement Acceleration Program (DAP), as he warned that a sharp drop in government spending—if not addressed immediately—could pull down overall growth and make the full-year 6.5-percent to 7-percent gross domestic product (GDP) growth unattainable.

Trillanes on carpet for ‘cursing, bullying’ witness

NEWLY appointed Vice Presidential Spokesman for Political Affairs Jonvic Remulla on Thursday said Sen. Antonio Trillanes IV should be more forthcoming in answering the statement of Vice President Jejomar C. Binay that the senator had cursed and bullied the representative of Hillmarcs Construction during Tuesday’s Senate hearing.

MGB lifts suspension on Philex’s Padcal mine

MGB lifts suspension on Philex’s Padcal mine

THE Mines and Geosciences Bureau (MGB) has lifted on August 27 the suspension order on Philex Mining Corp. in connection with the tailings-pond leak at the Padcal mine in Tuba, Benguet, that happened on August 1, 2012.

Dangerous places

Dangerous places

SOMETIMES we overestimate or underestimate the reality around us. Our own child is the best and the brightest, while the kid next door is not even near the same category.

Americans’ pessimism on economy has grown

SEVENTY-ONE percent of Americans say they think the recession exerted a permanent drag on the economy, according to a survey being released on Thursday by Rutgers University.

Business

NGCP warns of power outages in areas with ROW tiffs

THE National Grid Corp. of the Philippines (NGCP) warned on Thursday power outages will occur in areas with perennial right-of-way (ROW) problems.

DA commits proper rice quota administration

WITH the approval of the World Trade Organization (WTO) General Council on the request of the Philippines to extend the quantitative restriction (QR) on rice, the Department of Agriculture (DA) on Wednesday assured proper administration on the importation quota of the food staple.

ICAEW: PHL’s rising middle class propels retail-bank growth

RAPID growth in the middle class and a double-digit increase in consumer lending are boosting retail-bank profits in the Philippines, according to latest data from the Institute of Chartered Accountants in England and Wales (ICAEW). But low interest rates, underpinned by strong growth, are stoking fears of a property bubble.

Learning the ropes of entrepreneurship at Greenhills ‘tiangge’

Starting a small business may be a painstaking or daunting task for someone who has enough capital but with scant selling know-how. But, if he is serious and focused on the venture, and imbued with a sense of creativity, he will go a long way.  

Sports

Maria’s grit

Maria’s grit

NEW YORK—A year ago at this time, Maria Sharapova was sitting out the US Open, getting checked by doctors and having tests on the surgically repaired right shoulder that has troubled her off and on.

Lifestyle

The Inca Trail to Machu Picchu

The Inca Trail to Machu Picchu

THE Inca Trail is by far the most famous trek in South America and is rated by many to be in “the Top 5 treks in the world,” according to adventure travel www.impresario IncaTrailPeru.com. “In just 26 miles [43 kilometers], it manages to combine beautiful mountain scenery, lush cloud forest, subtropical jungle and, of course, a stunning mix of Inca paving stones, ruins and tunnels. The final destination of the trail just cannot be beaten: Machu Picchu, the mysterious ‘Lost City of the Incas.’”

South Cotabato govt pushes devt of new tourism circuit

South Cotabato govt pushes devt of new tourism circuit

GENERAL SANTOS CITY—The provincial government of South Cotabato has allocated an initial P2 million for the development a new tourism cluster or circuit in the area, it was learned recently.

Of ‘PBB’ winners and role-playing

Of ‘PBB’ winners and role-playing

ERNA LETADA is a hardworking woman. She bent her back working hard to send her only child, Julie Anne, to school. After many stints in Japan, she is now enjoying a quiet life of retirement.

2013 Kadayawan Festival: Celebrating Davao’s cultural heritage

2013 Kadayawan Festival: Celebrating Davao’s cultural heritage

DAVAO City has always been one of my favorite destinations ever since I started going there in the late 1980s.

Features

Momentum and balance are the keys

Momentum and balance are the keys

EARLY this week, Toyota Motor Philippines Corp. (TMP) threw a thanksgiving party for the motoring media to mark its 26th anniversary.

Br. Gus Boquer, FSC Take a leap of faith and He will provide

Br. Gus Boquer, FSC Take a leap of faith and He will provide

OFTENTIMES, people are faced with situations that are seemingly impossible to go through. For many, they would just turn their backs and leave to avoid wasting time, energy and resources on something unachievable. For some, however, it only takes a leap of faith.

DOST-SEI honors scholar-graduates, ongoing scholars

DOST-SEI honors scholar-graduates, ongoing scholars

CITING excellence and overall contribution in nation-building, the Department of Science and Technology-Science Education Institute (DOST-SEI) paid tribute to its honor scholar-graduates and ongoing scholars in two different occasions.

The beauty of living in Cavite

The beauty of living in Cavite

COLONIZERS arriving in the late 16th century saw an unusual parcel of land thrust into Manila Bay and realized its value as a staging ground to launch their bulky galleons. Eventually, it became the most important port linking the colony to the outside world. Just as these colonizers got captivated by this piece of land that they discovered, so do Filipinos of the 21st century see the beauty in this same land now known as the province of Cavite.

Resorts World Manila at 5: Ultimate paradise of lifestyle and entertainment

Resorts World Manila at 5: Ultimate paradise of lifestyle and entertainment

LUXURIOUS shopping, dining haven, staycation haven, world-class entertainment—these and much more are what Resorts World Manila (RWM)—the country’s first, largest, and finest integrated lifestyle and tourist destination—has to offer to Filipinos and tourists alike.

DepEd, Fortune Life partnership honors teachers as writers and activists

THE values-advocacy program of the Department of Education (DepEd) and Fortune Life Insurance Co. Inc. celebrates its fourth year by giving recognition to teachers as writers and honoring those who taught best to public-school pupils the values of hard work and discipline.

Discovery of new tarsier species highlights need to protect Dinagat–scientist

Discovery of new tarsier species highlights need to protect Dinagat–scientist

SCIENTISTS have recently confirmed the existence of a third group of Philippine tarsiers on Dinagat Island, underscoring the need to protect the island against destructive human activities.

Deported Mexicans find new life at call centers

Deported Mexicans find new life at call centers

TIJUANA, Mexico—Henry Monterroso is a foreigner in his own country. Raised in California from the age of 5, he was deported to Mexico in 2011 and found himself in a land he barely knew.

Like a boss

Like a boss

THE ninth-generation Honda Accord claims the distinction of being the passenger car with the highest sales to individual customers (excluding fleet sales) in the US in 2013, having sold a little over 360,000 units in the world’s second-largest car market. In other words, Americans bought an average of 1,000 Accords every single day of 2013. Indeed, the Accord’s track record of outstanding build quality, reliability and high resale value has consistently made it a formidable player in the markets it is sold in.

Creating stewards to conserve marine resources

Creating stewards to conserve marine resources

MORE than 1.6 million Filipinos earn a living from resources from the sea and 85 percent, or 1.1 million, are near-shore fishermen.

Saint Bartholomew the Apostle skinned alive for spreading his faith

Saint Bartholomew the Apostle skinned alive for spreading his faith

HE was flayed alive—the skin of his body cut into strips, then pulled off, leaving his body open and bleeding for a long time, then beheaded, wrote Fr. Paolo O. Pirlo, SHML, in My First Book of Saints.

Cataract: The unseen scourge

Cataract: The unseen scourge

A round the world, cataract is the leading cause of blindness, according to the Geneva-based World Health Organization. An estimated 42 million people are affected by severe loss of vision, and cataract causes 17 million of these losses.  In the Philippines, 400,000 Filipinos get blind because of cataract.

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