by aimee | Aug 31, 2012 | National News
THE country’s economic managers are watching the developments overseas particularly in Europe and the US because of its possible impact on the Philippine economy in the second half of the year, a Palace official said on Thursday.
The Philippines continues to diversify its exports to different countries and carries out other measures having in mind that uncertainty in those regions could make local conditions difficult to handle, Secretary Ramon Carandang of the Presidential Communications Development and Strategic Planning Office said in a press conference in Malacanang on Thursday.
The question whether Greece stays in the Euro, or whether the Republicans and the Democrats in the US come to terms in some kind of budget deal are the things that the economic cluster are watching out for possible risks to the country’s gross domestic product, he noted.
“That will have an impact on us. It will have an impact on remittances, possibly, and on exports,” Carandang said.
But mentioning figures from Economic Planning Secretary Arsenio Balisacan, Carandang said that actually the Philippines’s capital formation or investments increased by about two percent in the second quarter—2.3 percent. During the same period last year, it was down by 10.1 percent, he said.
“Arsi (Balisacan) says that he believes that this is a trend that has begun, that capital formation has bottomed out and that we’re going to see new investments and new capital formations, contributing increasingly to economic growth as we move forward. So hopefully that will, to some extent, offset some of the uncertainty that we’re facing in Europe and North America,” he added.
Carandang also said the Aquino administration is satisfied with the 5.9 percent economic growth posted by the country for the second quarter noting that it even exceeded market expectations. (PCOO)
by aimee | Aug 31, 2012 | Headlines, National News
TAGBILARAN CITY, Bohol, Aug. 31 (PIA)–Pormal nang gi-anunsyo ni Presidente Benigno “Noynoy” Aquino III si Secretary Mar Roxas isip bag-ong kalihim sa Department of the Interior and Local Government (DILG) isip hulip sa mipanaw na nga si Sec. Jesse Robredo.
Gi-anunsyo sa Presidente ang appointment ni Roxas sa Malakanyang karon lamang hapon.
Apil sa mga marching orders sa Presidente kang Roxas ang pag-atiman sa problema sa pulisya, BJMP, palapdan pa ang local governance ug pagbungkag sa private armies.
Dungan niini, gitudlo usab ni PNoy si Cavite Rep. Joseph Emilio Abaya sa Department of Transportation and Communications (DOTC) isip hulip ni Roxas.
Samtang ang congressional task ni Abaya itugyan na lamang sa mga opisyal sa Kongreso, ilabi na nga gi-gunitan niini ang sensitibo nga pwesto isip House appropriations committee chairmanship.
Si Roxas ug Abaya parehong taas nga opisyal sa ruling party nga mao usab ang partido nga gisakopan ni Robredo. (PIA-Bohol/ECB/I-gg)
Revised SALN ni CJ Sereno, gipakita na sa publiko; net worth, nikabat sa P18-M
TAGBILARAN CITY, Bohol, Aug. 31 (PIA)–Gipakita na ang kopya sa statement of assets, liabilities and net worth (SALN) ni Chief Justice Maria Lourdes Sereno pila ka adlaw human kini natudlo sa posisyon.
Base sa SALN, mikabat ang net worth sa bag-ong punong mahistrado sa P17, 985, 375.51.
Mas ubos kini kun itandi sa unang gipagawas nga P18, 029, 575.51 kagahapon.
Base sa opisyal nga pahayag sa Office of the Chief Justice, sayop ang napagawas nila kagahapon nga SALN ni Sereno ug ang kopya gikan sa clerk of court ang sakto.
Samtang, mikabat usab sa P19, 227, 578.85 ang kinatibuk-ang kantidad sa mga katigayonan ni Sereno.
Apil niini ang tulo ka house and lot sa Filinvest East, Cavite ug Davao apil na usab ang usa ka memorial lot sa Cavite ug usa ka lote sa Filinvest nga napalit niadtong tuig 2011.
Adunay tulo ka sakyanan nga nakapangalan kang Sereno (Toyota Altis 2005, Toyota Corolla 1997 ug second hand nga Mitsubishi Lancer 1993) ug cash sa bangko nga nagkantidad og P1, 185, 602.60.
Samtang mikabat usab sa P1, 242, 203.34 ang liabilities o utang sa chief justice. (PIA-Bohol/ECB/I-gg)
by aimee | Aug 30, 2012 | Headlines, National News
TAGBILARAN CITY, Bohol, Aug. 30 (PIA)–Milambo gamay ang gross domestic product (GDP) sa Pilipinas sa second quarter ning tuig.
Matud pa ni Acting Socio-economic Planning Secretary ug National Economic and Development Authority (NEDA) Director-General Arsenio Balisacan, nitala sa 5.9-percent ang growth rate sa nasud niining Abril hangtud Hunyo 2012 gikan sa 6.3-percent nga revised GDP alang sa buwan sa Enero hangtud Marso.
Bisan pa niini, giingong mas taas pa gihapon ang 5.9-percent kun itandi sa 5.3-percent nga market forecast.
Giingong nalabwan usab sa nasud ang average growth nga 4.7-percent alang sa mga miyembro sa Association of Southeast Asian Nations (ASEAN).
Nalabwan pa sa GDP sa Pilipinas ang economic growth sa Malaysia nga 5.4-percent, Thailand sa 4.2-percent, Vietnam sa 4.4-percent ug Singapore nga 2.0-percent.
Sigun pa kang Balisacan, daku ang natabang sa paglambo sa export industry ug turismo sa nasud sa paglambo sa ekonomiya.
Dugang pa sa kalihim, gipaspasan na ang pagpa-ayo sa mga naguba sa bagyo ug niaging mga kalamidad aron nahimong gamay lamang ang epekto niini sa economic growth sa mosunod nga quarter.
Giingong magpabilin usab ang target nga 5-percent hangtud 6-percent nga growth rate sa nasud ug kumpiyansa kining magpadayon ang maayong record sa mosunod nga quarter sa tuig. (PIA-Bohol/ECB/I-ed)
Bag-ong DILG chief, i-anunsyo sa Palasyo sa sunod semana
TAGBILARAN CITY, Bohol, Aug. 30 (PIA)–I-anunsyo na ni Presidente Benigno “Noynoy” Aquino III sa sunod semana ang mahimong mohulip sa namatay nga kalihim nga si Jesse Robredo isip bag-ong mamuno sa Department of Interior and Local Government (DILG).
Matud pa ni Presidential Spokesperson Edwin Lacierda, hinganlan sa Presidente ang bag-ong DILG Secretary sa dili pa kini moadto sa nasud sa Russia aron motambong sa Asia Pacific Economic Cooperation (APEC) Leaders’ Meeting.
Sa pagkakaron, si Executive Secretary Paquito “Jojo” Ochoa ang nibarug isip officer-in-charge sa gibiling pwesto ni Robredo.
“He will name a replacement before he leaves for Russia. We will make the announcement at the proper time. The President recognizes the need for the replacement,” ani Lacierda.
Naa ubos sa buhatan sa DILG ang pagtutok sa mga lokal nga kagamhanan sa nasud, ang pulisya, Bureau of Fire Protection ug uban pa. (PIA-Bohol/ECB/I-gg)
by aimee | Aug 30, 2012 | National News
PRESIDENT Benigno S. Aquino III will travel to Vladivostok, Russia, next week to join the 20 other world leaders attending the 20th Asia-Pacific Economic Cooperation (APEC) Leaders’ Summit on September 8 to 9.
This year’s APEC summit, which has for its theme “Integrate to Grow, Innovate to Prosper,” is hosted by the Russian Federation.
President Aquino will be joined by Foreign Affairs Secretary Albert del Rosario, Trade and Industry Secretary Gregory Domingo and Finance Secretary Cesar Purisima.
During the APEC Economic Leaders’ Meeting (AELM), the leaders will discuss four priorities namely: trade and investment liberalization and regional economic integration, strengthening food security, establishing reliable supply chains, and cooperation to foster innovative growth.
Undersecretary for International Economic Relations Laura del Rosario of the Department of Foreign Affairs said the President will also participate in the APEC Business Advisory Council (ABAC) Dialogue with the Leaders, a key feature of the AELM.
The APEC Business Advisory Council Dialogue gives ABAC members the opportunity to meet with the APEC leaders to discuss the entire year’s ABAC work program and to raise issues of pressing concern to the business community.
ABAC Philippines will be represented by A. Magsaysay Inc. president and chief executive officer Doris Magsaysay, Jollibee Food Corp. Chairman and CEO Tony Tan Caktiong, and Ayala Corp. chairman and CEO Jaime Augusto Zobel de Ayala.
Undersecretary Del Rosario also said that during the 20th APEC Summit in Vladivostok, President Aquino will also be holding bilateral meetings with other countries.
Del Rosario also said that during this summit, the announcement of the Philippines’ hosting of the APEC summit in 2015 is expected through the APEC Leaders’ Declaration.
APEC is an organization of economies in the Asia-Pacific region. It is the premier forum for facilitating economic growth, cooperation, trade and investment in Asia-Pacific region.
It has 21 members which account for approximately 40 percent of the world’s population, approximately 54 percent of the world gross domestic product and about 44 percent of world trade. (PCOO/I-ed)
by aimee | Aug 28, 2012 | National News
TAGBILARAN CITY, Bohol, Aug. 28 (PIA)–Aprubado na sa Senate committee on finance ang P44.26 bilyon nga pondo alang sa conditional cash transfer (CCT) program sa administrasyong Aquino.
Parte pa kini sa budget deliberation sa komite ni Sen.Franklin Drilon sa P2.006 trilyon proposed 2013 national budget.
Gikan sa P39.45 bilyon karong tuig alang sa CCT nga mas giila usab sa tawag nga Pantawid Pamilyang Pilipino Program, gidugangan kini sa Malacañang alang sa 2013 og 12.2 percent ug gipaabot nga makapahimos niini ang dugang 700,000 ka pamilya.
Base sa report sa DSWD, ang pamilyang nakapahimos na karong tuiga sa CCT misaka na sa kapin 3.1 milyon.
Ang P44.26 bilyon nga pondo sa CCT ang nagrepresentar sa 78.8 percent sa proposed 2013 budget sa DSWD nga P56.2 bilyon nga submitted na for plenary deliberation human mipasar sa committee level. (PIA-Bohol/ECB/I-hd)
