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Hospital, not mall. A quartet plays in the lobby of Bangkok’s Samitivej Hospital Sukhumvit, which has a garden and rooms with balconies. It is one of several facilities in the Thai capital catering to the growing medical-tourism business. The Philippines is also anchoring its projected robust growth in the travel industry on a boom in medical tourism. --THE WASHINGTON POST

HEADLINES
Base pay drives war for workers

NUMBERS don’t lie. Despite Watson Wyatt executives’ assertions that base pay is no longer an absolute criterion, their own survey of 400 companies worldwide shows many employers can’t afford to keep talents and often just watch their best and brightest walk off to greener pastures.

RP medical hardware still trails Thailand

SINGAPORE—The Philippines needs to invest more in technology and not just rely on its world-renowned surgeons and relatively cheaper hospital cost if the country hopes to attract medical tourists on the level of Thailand, according to Philip Cardamone, Asia-Pacific managing director of German firm BrainLab AG.

Arroyo vows to ‘complete’ RP initiatives in Singapore Summit

SINGAPORE (via PLDT)—President Arroyo on Sunday night arrived in this city-state for the 13th Leaders’ Summit of the Association of Southeast Asian Nations (Asean), where she will seek to “complete” the initiatives on human-rights  protection promotion, environmental protection and energy independence that the Philippines pursued in the last summit.

‘Asean won’t be a supranational body’

SINGAPORE (via PLDT)—The adoption of an Asean Charter would not turn the regional grouping into a supranational association that would impinge on the sovereignty of its individual member-states, a ranking Philippine foreign affairs official said on Saturday.

More senators want PNOC-EDC auction halted

THE administration’s almost fire-sale efforts to privatize state assets has worried senators that the Executive branch has not fully assessed the national-security implications of this practice to raise funds.

DOE grills oil firms; Senate hearing set on oil-price hikes

THE Department of Energy (DOE) is seeking an explanation from local oil companies on the adjustments made in the prices of petroleum products and liquefied petroleum gas (LPG) to ensure these are reasonable.

Funding stymies microenterprises’ growth

THE financing requirement of microfinance borrowers who graduate and move on to become small- and medium-scale entrepreneurs (SMEs) is huge and basically unmet, requiring funding of up to P180 billion, the private-investment arm of the World Bank said on Friday.

Imported rice prices seen to remain high

THE prices of imported rice varieties are expected to remain high next year because ending stocks are expected to be the smallest in 25 years, according to the United States Department of Agriculture (USDA).

Unreported imports drain government?

THE government could have lost billions of dollars from the failure of the Bureau of Customs to tax goods imported into the country, but not properly tracked by authorities, as gleaned from disparities between official Philippine government reports and those of the International Monetary Fund (IMF). A report by the IMF indicates the value of this untracked importations at an aggregate amount of $68.04 billion from 2002-2006.

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Comfort sight. There’s comfort food for those needing respite from stress or frustration—so why not a “comfort sight” like the giant Christmas tree that has delighted thousands of people for decades? The tree was lit last weekend, giving those visiting the Araneta Coliseum and Gateway mall area in Quezon City some pause from a weary world. --ROMY FLORANTE

ANC LIVE


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  • Editorial: Economics for our time 
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  • Personal Finance: Surviving amid a stronger peso
  • The Entrepreneur: Focus: What we need to boost in tourism
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  • No Mean Feet

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  • Gab Fab: Piolo, Sam sue Lolit, insist they’re not gay


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  • After Milo win, Sabal proves he isn’t finished running yet
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  • Bleachers’ Brew: Some kind of mystic

  • 47% DOST budget increase boosting S&T
  • Chancellor leads UPLB’s shift to ‘high-end’ agriculture