Jun 062013
 
Two lotto bettors are some P19 million richer after they won the jackpot in the Philippine Charity Sweepstakes Office’s Lotto 6/42 draw Thursday night.

In a post on its website, the PCSO said the two got the winning combination of 22-13-05-19-25-10 to win the jackpot worth P39,462,944.

Also on Thursday, a lone winner bagged the P16-million jackpot in the Superlotto 6/49 draw after getting the combination of 40-20-26-15-45-36.

The PCSO did not identify any of the night’s winners.

Last Tuesday, a lone lotto bettor became P90.996 million richer after hitting the jackpot in the PCSO Superlotto 6/49 draw.

The PCSO said the bettor got the winning combination of 20-05-45-35-26-21 to win the night’s jackpot worth P90,996,106.40.

Last April 30, two lucky bettors shared P95,932,278 after getting the combination to the Superlotto 6/49 draw jackpot.

But the biggest Lotto prize won is still the November 2010 draw, when a lone bettor won some P741.176 million for getting the winning combination 11-16-42-47-31-37. — DVM, GMA News

Feb 072013
 
4-M jobs/yr needed to eradicate poverty by 2016 – Balisacan

MANILA, Philippines – The Philippines needs to generate between three to four million new jobs yearly if it is to eradicate poverty by 2016, the country’s chief economic planner said. “That means new investments worth $3 billion a year,” Socioeconomic Planning  Secretary Arsenio M. Balisacan said in a briefing yesterday. He said the labor force is growing by one to 1.1 million a year, while roughly a million Filipinos enter the employment force every year, on top of is the existing 10 million unemployed and underemployed. “So the employment generating capacity must grow faster than the labor force,” Balisacan, who is also director general of the National Economic and Development Authority (NEDA), said. Half of those joining the work force are aged 15 to 34 years, or equivalent to 46 percent of the employed population. To be able to generate the huge number of jobs, government must focus to the sectors with the inherent ability to create jobs. Among the favored sectors are tourism, agriculture, manufacturing outside of the electronics and semi-conductor industry, construction and infrastructure. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “We need to sharpen on our focus on sectors that generate jobs. We estimate that if we can get the sectors, mainly the private sector, to bring in $3 billion in new investments,” he said. The economic planning chief said that it is likewise a prerequisite to overcome certain constraints, especially the poor infrastructure situation, which includes power and connectivity, meaning roads, railways, air and Read More …