Mergers and consolidations are becoming a key item to consider for senior insurance executives. According to data from the Insurance Commission, the number of life insurance players has decreased to 31 in 2014 from 33 in 2011. In nonlife, the decline is more apparent, with 70 firms last year compared with 83 in 2011.
Divine Lee talks about the breakup and how it has helped her realize what she has been missing out.
Gerphil Flores (MNS Photo) Classical singer Gerphil Flores, one of the four Filipino finalists in “Asia’s Got Talent,” said she has no ill feelings towards actress-host Kris Aquino and Ai Ai delas Alas. In 2010, Flores was a semifinalist on “Pilipinas Got Talent”, where judges Aquino and delas Alas voted against her. “I never thought that this issue would open up again, na-resurrect siya. Sabi ko nga po sa media, wala naman akong sama ng loob for what happened. I was even thankful because I learned a lot during my journey in Pilipinas Got Talent and I know for them, bilang judges, they have their right to give out their comments on the performances they saw in Pilipinas Got Talent. Kaya sabi ko maybe it wasn’t just my time, hindi ko pa yan panahon,” she said. Pressed if she has no ill feelings because of what happened, Flores was quick to reply: “No, wala po talaga, not a bit.” Flores, who is still under contract with Asia’s Got Talent, is planning to have a concert. “I’m planning to, hopefully magkaroon and hopefully sunod sunod not only here in the Philippines but abroad as well,” she said. Flores, who dreams of collaborating with her idol Lea Salonga, is also hoping to record her own album. “Of course, that’s actually one of my plans. … Kung sino ang magbigay ng offer, I would definitely grab it,” she said. Aside from singing, Flores is also open to do acting in the future. “Maybe in Read More …
BANGSAMORO BASIC LAW: Senator Ferdinand “Bongbong” Marcos, Jr., chair of the Senate Committee on Local Government, listens to Datu Abul Khayr Alonto, Moro National Liberation Front (MNLF) Central Committee chair, during Monday’s (May 18, 2015) hearing on the proposed Bangsamoro Basic Law. Alonto said they stand together with the Moro Islamic Liberation Front (MILF) for the passage of the Bangsamoro Basic Law.(MNS photo) MANILA (Mabuhay) – Former Chief Justice Reynato Puno believes the proposed Bangsamoro Basic Law is creating a no-win situation that will cause trouble in the country whether or not it is passed by Congress. Puno said there are only two likely scenarios that would happen with the BBL. One scenario is if Congress decides to push through with the passage of the law. If that happens, Puno said there would still be violence in Mindanao “because the BBL is not inclusive.” On the other hand, if Congress rejects the bill or if the Supreme Court declares the BBL unconstitutional, there would still be violence caused by Moro Islamic Liberation Front rebels who are pushing for the bill’s passage. Puno said he sees problems with the current approach to the BBL, which is to determine whether or not it is unconstitutional. “Ang dapat tingnan bakit nagkaroon tayo ng ganyang problema. Ano ang cause? Ang cause ay ang maling balance ng power na ibigay ng Constitution between the national government and the local government including the [Autonomous Region in Muslim Mindanao],” he said. Both houses of Congress are pressed Read More …
Activists and supporters place candles near slogans during an overnight vigil at a chapel in suburban Quezon City, north of Manila, Philippines on Tuesday March 29, 2011, near the home of one of three Filipinos that are set to be executed in China. The group called for the government to help save the lives of three Overseas Filipino Workers (OFWs) who are set to be executed March 30, after being sentenced by Chinese authorities for drug trafficking. China is set to execute the three Filipinos despite appeals for clemency by the Philippine Government, officials said. (AP Photo/Aaron Favila) MANILA (Mabuhay) – The Department of Labor and Employment on Friday assured assistance for an overseas Filipino worker sentenced to death in the United Arab Emirates for allegedly killing her employer. DOLE Secretary Rosalinda Baldoz said the department will extend help even if Jennifer Dalquez is not an act ive member of the Overseas Workers Welfare Administration. Baldoz also assured similar assistance to OFW Anita Tonogbanua, who has a pending theft case in Canada. “Although Jennifer Dalquez and Anita Tonogbanua are not active members of the (OWWA), the DOLE will still provide assistance to them and their families,” she said. Baldoz also said the DOLE “will do everything we can to help (Dalquez and Tonogbanua) and their families while they go through their ordeals.” The DOLE cited current rules where migrant workers who cannot renew or update their OWWA membership are not entitled to social benefits. Such social benefits include life insurance, Read More …
President Benigno S. Aquino III is received by Davao City Vice Mayor Rodrigo Duterte and Tourism Secretary Ramon Jimenez, Jr., upon arrival for the Opening Ceremony of the 2013 Philippine M.I.C.E. Conference (MICECON 2013) at the 3rd Floor, SMX Convention Center, SM Lanang Premiere in Davao City on Thursday (March 07, 2013). The MICE Conference is a prestigious gathering of key players in the travel and tourism industry. The conference will provide the Host an opportunity to showcase its destinations to approximately 400 stakeholders in the tourism industry comprised of: travel agents, tour operators, hoteliers, resort owners, professional congress/ exhibition/event organizers, association/corporate executives, destination management companies, airline representatives, local government officials, academe, students and the media. (MNS photo). DAVAO (Mabuhay) – For the first time, Davao City Mayor Rodrigo Duterte said he is considering running for president in 2016 after being fed up with the criticisms being thrown at him. “This is the first time that I have mentioned the possibility of being the president,” Duterte said in an interview. “Then let me also have a taste of how you can handle people when you are in power not to harass but legally,” he added. Duterte warned Justice Secretary Leila De Lima and former Commission on Human Rights chairwoman Etta Rosales that he will not stop exposing the controversies leveled at them. He also said he is praying for “enlightenment”and that he might run for higher office if enough people like De Lima and Rosales actually campaign against him. “I’ve Read More …
OFW MANILA (Mabuhay) – The Department of Foreign Affairs said no Filipino was reported killed nor injured in the bombing incident in two Baghdad hotels. The DFA quoted the report of the Philippine embassy in Baghdad, Iraq. At least 10 people were killed while 30 others were injured after car bombs exploded in the parking lots of Babylon Hotel and Meridian Hotel. The explosion happened minutes apart. Authorities have yet to determine the perpetrator of the bombings. In January this year, Iraqi authorities lifted the curfew on Baghdad but it has resulted in increased bombings. (MNS)
Marian Rivera says it does not matter if her baby is a boy or a girl as long as he/she is normal and healthy.
PRESIDENT Benigno S. C. Aquino III is scheduled to meet business groups during his four-day state visit to Japan, highlighting the prospect of trade agreements to be sealed during the trip, though security matters are also expected to come to the fore when he meets with leaders of the Japanese government.
DAVAO CITY — Commercial fishing in the Davao Gulf is suspended for the next three months starting June 1 after the Bureau of Fisheries and Aquatic Resources (BFAR) implemented a closed season for the second year running to allow fish stocks to recover.