THE Department of Finance (DoF) said it has identified seven projects to be funded by the $1 billion concessional loan offered by South Korea last month, through its Economic Development Cooperation Fund.
Jul 042017
Jul 042017
SUBSIDIES provided to government-owned and -controlled corporations (GOCCs) fell over 45% in May, according to data from the Treasury bureau.
Jul 042017
Young painter Worth Lodriga has once again carried the Philippine colors as he bagged the 1st place in the 2017 Student Mars Art (SMArt) Contest in Colorado, USA. Where No Man Has Gone Before [by Worth Lodriga via Facebook] Lodriga, dubbed the Little Picasso of the Philippines, won in the elementary school category with his painting “Where No Man Has Gone Before.” The Junior Picasso 7-Star Artist awardee from La Salle Greenhills competed in the Mars Society tilt against over 140 students around the world, and won with his own depiction of a phase of the human future on the planet Mars, from first landing to full settlement. Lodriga’s art work will be included in a book on Mars Art, along with a feature on the Mars Society website. The Mars Society is also awarding Lodriga with $1,000 and a trophy, along with an invitation to the 2017 International Mars Society Convention at the University of California in September to display and talk about his art. The post Worth Lodriga bags 1st place in Student Mars Art in Colorado appeared first on Good News Pilipinas. Related posts: Worth Lodriga receives 7-Star Artist award Martha Atienza wins Baloise Art Prize at Art Basel Pinoy art highlighted in Art Dubai gallery Piňa fabric art by children with autism praised in NY
Jul 042017
National Geographic has praised Pink Beach in Great Santa Cruz Island, Zamboanga as one of the “21 Best Beaches in the World.” Pink Beach, Zamboanga [via National Geographic] Great Santa Cruz Island was hailed by writer Kimberly Lovato for its unique offering in a country where beautiful beaches abound: “Hardly lacking in gorgeous beaches, the Philippines claims a pink-sand variety, too. The blush color comes from billions of pieces of crushed red organ-pipe coral, seen in every handful of sand.” Nat Geo went on to advice travelers to Pink Beach of the regulated number of visitors and the requirement for advance arrangements through the Zamboanga tourism office. Lovato listed Pink Beach as the 15 th best beach where beach lovers can “Find perfection in these places where land meets water.” Great Santa Cruz Island became famous for being the only pink sand beach in the Philippines, its’ pink color coming from pulverized red organ pipe coral mixed with white sand. The post Nat Geo hails Zamboanga’s Pink Beach among world’s best appeared first on Good News Pilipinas. Related posts: Amanpulo a world-class luxury beach resort Nacpan Beach in Trip Advisors list of World’s Best Philippines in National Geographic Best Trips 2016 Australians adore Philippine paradise spots
Jul 042017
Filipino mathletes from Philippine high schools brought home 4 medals from the 21st Junior Balkan Mathematical Olympiad (JBMO) held in Bulgaria. The Philippine Math Team [by MTG via Rappler] The Pinoy students won four medals at the math Olympiad: Vincent Uy DeLa Cruz of Valenzuela City School of Mathematics and Science finished with 24 points to grab a Silver medal. Bryce Ainsley Ang Sanchez of Grace Christian College also received a Silver medal after finishing with 20 points. Immanuel Josiah Ang Balete of St. Stephen’s High School made a Bronze medal finish with 17 total points. Eion Nikolai Siytiu Chua of International School Manila also got the Bronze for his 10 points finish. The Philippines finished at rank 12 from among 19 participating countries, with 78 points total including 7 from non-medal finisher Aiman Andrei Ututalum Kue of Zamboanga Chong Hua High School. The mathletes were accompanied by Mathematics Trainers Guild-Philippines (MTG) coaches James Kelvin Martin and Hazel Joy Shi. MTG president Dr. Isidro Aguilar announced the medals finish of the country at the JBMO in a news release. “We are very proud of these young Filipino math wizards for their achievement. This is the result of their hard work,” stated Dr. Aguilar. The Pinoy mathletes have been trained by MTG, an organization of math experts who sends students to international competitions. The post Pinoy students score 4 medals in Bulgaria Math Olympiad appeared first on Good News Pilipinas. Related posts: Pinoy mathletes bag 12 golds, 138 medals in Read More …
Jul 042017
Armando Bartolome I was an employee for several years before I became an entrepreneur, until I realized that with my communication skills, I can help motivate others and that I can start a business out of it. It was difficult at the start. I dealt with several struggles along the way. But, nevertheless, it has ignited my passion. Seeing people whom I have helped succeed on their own is a fantastic accomplishment indeed! I would like to continue to inspire people to make use of their resources properly and to take every opportunity given to them. Not every person may have the chance to start something that could eventually turn out to be successful. Whether you start your own business from scratch or consider to franchise a business, you would always need a strength of Samson, the wisdom of King Solomon and even the patience of Steve Scully. To prepare new entrepreneurs with their journey through business, here are a few lessons that would help them get through all the challenges and become successful. Lesson #1: Nurture relationships. Being in a business means widening your network. This can be done by attending seminars, workshops or symposiums where you are able to meet different people. Always see this as an opportunity for business. Lesson #2: Believe in your capabilities. Starting up a business may be your long-time dream. And it is only natural that you have a vision in mind. Unless you believe in your strengths and capabilities, do you think Read More …
Jul 032017
According to the Asia Maritime Transparency Initiative (AMTI), a Washington-based think tank, and a part of the Center for Strategic and International Studies (CSIS), China has upgraded its facilities in Panganiban Reef (Mischief Reef), Fiery Cross Reef, and Subi Reef. According to the June 19, 2017 AMTI report, China is continually “expanding its already substantial communications and radar capabilities on the artificial islands. A very large antennae array is being installed on a small outpost at the southern side of Mischief Reef, presumably boosting China’s ability to monitor activity around the feature. That ability should be of particular concern to Manila, given Mischief’s proximity to Palawan, Reed Bank, and Second Thomas Shoal …
Jul 032017
AN INFRASTRUCTURE assistance scheme providing technical expertise will be set up to aid in carrying out the government’s infrastructure programs, forming part of the Asian Development Bank’s (ADB) pledged $100-million loan to the government.
Jul 032017
FINANCE Secretary Carlos G. Dominguez III said that poor infrastructure is what keeps investors from setting up business process outsourcing (BPO) operations here, not the loss of incentives associated with the tax reform program.
Jul 032017
Last month, the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) officially announced the start of the rainy season. Not only would the season bring an average of 20 typhoons every year but also deliver with it the equally devastating southwest monsoon or “Habagat,” the effects of which we all have witnessed in the past years. On the other hand, the Marawi crisis has entered its seventh week and is not expected to end very soon.