THE ECONOMY is expected to post at least a 7% expansion this year, as it sustains the momentum of strong investment-led growth, backed by foreign inflows and jacked-up infrastructure spending, analysts at First Metro Investment Corp. (FMIC) said yesterday.
THE GOVERNMENT yesterday launched the framework that will kickstart the implementation of the country’s PUV (public utility vehicle) modernization program meant to improve the quality of the mass transport sector.
When our loved ones pass away, we do not concern ourselves immediately with the transfer of properties they left behind. We tend to forget the obligation to settle the so-called “estate tax” with the Bureau of Internal Revenue (BIR) until we intend to sell or transfer these properties. As a result, we will have incurred penalties such as surcharges, interest and compromise penalties. The lack of interest in the estate tax is mirrored in its very low revenue performance.
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UNSOLICITED Proposals for various airport projects will have to take a back seat as the government prioritizes development of the Sangley and Clark airports to immediately decongest the country’s main gateway.
SPEAKER Pantaleon D. Alvarez wants to prohibit the conversion of agricultural, irrigated, and irrigable lands for non-agricultural purposes to ensure “food security.”
In the last few years, the global banking industry has been dominated by significant uncertainty, and the year ahead is no different given the implications of Brexit, a new US administration in the USA, and the delays in the finalization of Basel IV regulations. Despite these factors, banks need to find ways to improve financial performance, either by growing or optimizing their business. This was the focus of the 2017 EY Global Banking Outlook survey, “Uncertainty is no excuse for inaction.” Based on the responses of senior executives from almost 300 banks worldwide, many are seeking ways to improve profitability, despite tighter budgets, continuing risks and different regulation agendas in the market. This article focuses on the survey results and implications significant to the Asian region.
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Filipino-Dutch cinematographer Martha Atienza has received the 19th Baloise Art Prize at the Art Basel 2017 in Switzerland. Martha Atienza [via CNN Philippines] Atienza’s winning video installation, “Our Islands 11°16’58.4”N 123°45’07.0”E, 2017”, is a single channel HD video (00:01:12:00 min, loop) with no sound that shows a traditional Philippine procession done underwater. The prize of CHF 30,000 is presented at the Statements sector of Art Basel by a jury of international experts. The prize includes the acquisition by Baloise of a group of works by the Atienza, which are donated to two important museums in Europe: the Nationalgalerie – Staatliche Museen zu Berlin and the MUDAM, Luxembourg. The Art Basel show gallery captions Atienza’s work as a six- screen life-sized projection of an underwater procession moving from one wall to the next that shows men wearing costumes depicting religious and iconic images in the Philippines such as the Santo Niňo, Ati-Atihan, Yolanda survivors, and even Manny Pacquiao’s boxing gloves. “We watch the procession passing by as if in an aquarium: Christ carrying the cross, men in women’s clothes and demonstrators carrying tableaux with political slogans, threatened from behind by menacing, armed henchman. Through her cast of characters and choice of setting, Atienza presents a both critical and humorous take not only on the state of society in the Philippines but also on the threat of climate change to which the country is increasingly exposed through the warming of the world’s oceans,” according to the 2017 Baloise Prize. Atienza’s works are Read More …
The University of St. La Salle (USLS) Chorale Bacolod has been adjudged the Choral Grand Prize Winner at the 5th Vietnam International Choir Competition. La Salle Chorale Bacolod [via Interkultur] La Salle Chorale Bacolod brought home the Hoi An Choir Prize 2017 awarded by an international jury which crowned the university choir group as the biggest winner of the competition – winning the Golden Diploma in the three categories it joined and ranking first in two categories. Chorale Bacolod [via Facebook] The USLS university choir composed of university and senior high school students, along with some alumni, won in the following categories: Category B1 – Mixed Choirs – Level of difficulty II without compulsory piece La Salle Chorale (Philippines) CATEGORY WINNER conducted by: Serry Repique Category F – Folklore La Salle Chorale (Philippines) CATEGORY WINNER conducted by: Serry Repique Category S – Sacred Choir Music Points La Salle Chorale (Philippines) GOLD III conducted by: Serry Repique With their winning performances, La Salle Chorale has also qualified to perform at the following INTERKULTUR major Events within the next 5 years: Q I =World Choir Games–The Champions Competition; World Choir C hampionships–The Champions Round; Grand Prix of Choral Music Q II = World Choir Games–The Champions Competition; World Choir Championships–The Champions Round. The post La Salle Chorale Bacolod is Vietnam Int’l tilt winner appeared first on Good News Pilipinas. Related posts: Filipino choir groups triumph in Vietnam choral competition All- male Filipino chorale triumphs in Japan chamber contest La Salle video in Read More …