Nov 162017

The Philippine team of Muay Thai fighters finished second place overall after winning 6 golds, 1 silver, and 2 bronze medals at the 1st World Youth Martial Arts Masterships (WYMA Masterships) in Jincheon, South Korea.

The medal haul placed the country as leader among South East Asian nations at the WYMA tournament, ahead of Thailand which placed 6th overall (3-1-2), Malaysia at 8th place (2-3-0), Vietnam in 9th place (2-2-3) and Singapore (0-1-1).
Host country South Korea topped the medal tally with 58 gold, 45 silver, and 39 bronze medals.

The Pinoy Muay Thai medal finishers competed among 600 athletes from 30 countries in 4 days of competitions early November.

The Philippine Muay Thai medalists at the WYMA Masterships:

  1. Gold – Ghen-Yhan Berdon (Muay | Boys – 48kg)
  2. Gold – Bryan Siglos (Muay | Boys – 63.5kg)
  3. Gold – Mariah Co (Muay | Girls – 48kg)
  4. Gold – Islay Erika Bomogao (Muay | Girls – 45kg)
  5. Gold – Rudzma Abubakar (Muay | Girls – 45kg)
  6. Gold – Liane Benito (Muay | Girls – 48kg)
  7. Silver – Kristian Narca (Muay | Boys – -48kgs)
  8. Bronze – Rosemarie Recto (Muay | Girls-51kgs)
  9. Bronze – Felex Dave Cantores (Muay | Boys – 60kgs)

The post PHI wins 6 golds, 2nd overall in Muay Thai tourney in Korea appeared first on Good News Pilipinas.

Oct 222013
Aquino to encourage more investments, renew ties on his first visit to Korea

President Benigno S. Aquino III answers questions from the media during the press briefing after gracing the 7th ASEAN Navy Chiefs Meeting (ANCM) at the Ballroom 2, Raffles and Fairmont Hotel in Makati Avenue, Makati City on Tuesday (September 10). With theme: “Partnership for Peace and Prosperity” to highlight the need for strengthened cooperation among the ASEAN Navies for peace, stability and progress in the ASEAN region. (MNS Photo). MANILA (Mabuhay) – President Benigno S. Aquino III on Thursday vowed to bring home more investments and forge stronger ties on his first state visit to South Korea. In his pre-departure speech, President Aquino underscored the importance of having renewed ties with South Korea whose nationals remain as one of the top tourists entering the country in recent years. “Tayo naman po ay tutungo ngayon sa South Korea, upang asikasuhin naman ang kinabukasan habang inaasikaso natin ang kasalukuyan. Alam po ng lahat na marami pong investors na galing sa Korea, layon po natin lalo pang dagdagan ang kanilang investments sa ating pong bansa,” President Aquino said. The President pushed through with his South Korea trip after visiting quake affected areas in the Central Visayas region. President Aquino said other key Cabinet members are now overseeing relief operations in devastated areas. “May mga nagtanong po kung dapat tayo tumuloy matapos ng nangyari na lindol sa Kabisayaan. Ang sagot po natin dito: Habang inaasikaso nga ho ang kasalukuyan, dapat naman ho siguro huwag natin pabayaan ang kinabukasan,” he added. The Chief Executive said Read More …

Sep 292013
DTI to hold more FTA info sessions

MANILA, Philippines – The Department of Trade and Industry (DTI) will conduct more information sessions on free trade agreements entered into by the country this year to enable more firms to benefit from such deals. Speaking at the Doing Business Using Free Trade Agreements: Manila Stakeholders Dialogue Forum, DTI’s Bureau of Export Trade Promotion director Senen Perlada said the department plans to hold 125 sessions under the Doing Business in Free Trade Areas (DBFTA) program this  year, higher than the total of 116 sessions conducted in 2012. Last year’s 116 sessions were attended by 11,169 participants which represented 5,833 companies. “Why are we doing this? We need to raise the level of awareness on free trade agreements,” Perlada said. He said the free trade agreements open a lot of opportunities for local companies in terms of increasing exports to overseas markets. The DBFTA program, which was launched in 2010, is a series of business information sessions conducted nationwide to increase exporter awareness of the country’s free trade agreements. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Currently the Philippines has free trade agreements with Japan and the Association of Southeast Asian Nations (ASEAN). The country has also entered into free trade agreements through the ASEAN with China, Korea, India, Japan, Australia and New Zealand. The DBFTA is among the activities being undertaken by the DTI for the country to increase exports. Under the Philippine Export Development Plan, the country’s total exports are targeted to increase to $120 billion by Read More …

Sep 282013
SingTel-Samsung partnership to benefit Globe subscribers

MANILA, Philippines – Ayala-led Globe Telecom Inc. is expected to benefit from the strategic partnership entered into by its partner SingTel Group with Samsung of Korea focusing on driving next-generation mobile communication, infotainment and technology services in Asia. In a statement, International SingTel Group Consumer, CEO Mark Chong said the partnership intends to take advantage of the scale of the SingTel Group and Samsung’s innovative products and services.  “SingTel Group and Samsung will deliver an exciting mobile experience for customers, through brilliant mobile and innovative devices,” Chong said.  “Not only will our companies mutually benefit, but our combined 400 million mobile customers will be able to take advantage of the unique offerings that will be provided in the future,” he added. For his part, Samsung Electronics president and head of sales and marketing DJ Lee said both companies would provide customers with advance technology.  “We are honored by this opportunity to provide our customers with advanced mobile experiences. In order to introduce Samsung’s next generation mobile communications, we continue to fully support and work closely with leading mobile operators,” Lee said. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The partners would offer applications and digital services to customers of SingTel Group companies including Advanced Info Service (Thailand), Airtel, Globe Telecom (Philippines), Optus (Australia), SingTel (Singapore) and Telkomsel (Indonesia). In addition, the SingTel Group would work with Samsung to identify opportunities for joint launches and marketing campaigns of key Samsung device announcements. The companies will also be able to Read More …

Jul 142013
Petilla to seal Angat deal

MANILA, Philippines – Energy Secretary Carlos Jericho Petilla hopes to seal a compromise deal with the Korean company that won the bidding for the Angat hydropower plant before the end of the year.  “Hopefully by the end of the year, we can come up with a win-win solution,” Petilla said. Korea Water Resources Corp. (K-Water) is currently negotiating to bring down the $440.88-million price tag on the facility, citing the state of the facility as well as several changes the government put in the agreements signed by both parties. “What we’re looking for is a win-win solution for everybody and that includes all the players – PSALM (Power Sector Assets and Liabilities Management Corp.), DOF (Department of Finance), K-Water, MWSS (Metropolitan Waterworks and Sewerage System) and DOE (Department of Energy),” Petilla said. K-Water won the bidding that PSALM conducted in 2010 for the 218-megawatt plant, which sources its power from the Angat Dam in Bulacan. In 2010, K-Water topped the bidding that PSALM conducted for the 218-megawatt plant, which is fueled by water from the Angat dam in Bulacan. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 In a recent letter to PSALM, K-Water said it wants to “achieve the same level of benefits expected” in its 2010 bid for the power plant and wants the plant’s auxiliary units four and five to be included in the takeover. The auxiliary units in question are owned by MWSS. On the back of these complex issues, K-Water wants to reduce the purchase price of the Read More …

Jun 142013
Mechanization is the only way to go

Many of our businessmen are keen on manufacturing, or import/export, or IT, or BPO. Only a few would give a second thought to the country’s agriculture sector, to the advances that we have gained over the last few years. Maybe because they are not trumpeted for the most part, but also because we tend to take agri news with a big ho-hum. What we know for a fact is that we have lagged behind our neighbors in this sector.  Where we used to be the lead producer of rice and sugar, we are now a net importer of rice and other countries have now challenged us too in sugar production. Countries like Thailand, Taiwan, Japan and Korea have overtaken us simply because they have embraced technology far earlier than us, and their governments have taken the initiative of empowering their farmers initially through subsidies, but later through production and marketing support while we continue to wallow in bureaucracy,  corruption and blissful ignorance. But take a second look now at what is going on in the country’s agriculture sector. For one, we have taken the first big step in mechanizing. In the late ’90s, mechanization of our farms stood at a low .52 – .56 HP/hectare.  That means, the total horse power used is only about one half horsepower per hectare. In 2012, Philmech, the lead agency under the Department of Agriculture (DA) tasked with farm mechanization, took a survey and came out with brighter results: 1.26 HP/ha. That is a Read More …

Jun 142013
Cebu Pacific, PAL eye Iloilo-Korea flights

MANILA, Philippines – Flag carriers Cebu Pacific and Philippine Airlines are looking into the possibility of offering direct flights from Iloilo to Korea, the firms’ representatives said on Friday. PAL Iloilo Area Manager Juancho Demaguila said the company’s general sales agent is now considering an Iloilo to Korea flight due to the influx of Korean tourists coming to Iloilo to travel and study. Meanwhile, Rosalie Gamutan, senior supervisor of Cebu Pacific, said the budget carrier is also planning to offer the same flights following its launch last year of direct flights from Iloilo to Hong Kong and Singapore. Overseas Filipino workers  from Western Visayas are expected to benefit from the direct flights, along with tourists from the region. The two airline companies are also reportedly studying the possibility of having direct flights from Iloilo to Xiamen, China and Japan to boost tourism in the country.

May 302013
Tourist arrivals up by 10%

MANILA, Philippines – Foreign visitor arrivals soared in the first four months of the year with a 10.12-percent increase from the same period in 2012, the Department of Tourism (DOT) noted on Thursday. The state agency said a total of 1,649,458 foreigners visited the country from January-April, with January yielding the largest volume of 436,079 visitors and February posting the highest growth of 15.52 percent. The figure represents 30 percent of the target arrivals for 2013, DOT added. Bringing the most number of visitors was Korea with 406,595 or a market share of 24.65 percent and growth of 23.08 percent. This was followed by the United States with 246,011 visitors or a 14.91-percent share, Japan (148,950 or 9.03), China (132,307 or 8.02 percent), Australia (72,015 or 4.37 percent) and Taiwan (53,867 or 4.24 percent). Rounding out the top sources of foreign visitors are Singapore with 55,096 (15.90 percent), Canada with 50,352 (4.25 percent), Hong Kong with 45,734 (12.87 percent), United Kingdom with 43,055 (3.10 percent), Malaysia with 35,069 (8.36 percent) and Germany with 28,799 (9.16% percent). Other source markets with double-digit gains include Russia (30.33 percent), India (23.13 percent) and France (20.10 percent), DOT said. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “This growth is an affirmation of our various marketing and destination development activities, strengthened by partnerships with the various stakeholders. While the upsurge may primarily be attributed to the summer season, it is also a clear indication that the nation has galvanized its reputation as an Read More …