by anyajulia | Sep 24, 2009 | Foreign Exchange, Headlines, National News
Ten Saudi Arabian agricultural companies want to make the Philippines their food production hub and distribution center in the Far East. This was the informatio disclosed by Department of Agriculture (DA) Secretary Arthur Yap
Yap said the 10 companies formed the Far East Agricultural Co. (FEAC) as their investment platform for agri-business projects in the Philippines after a visit to the Philippines in May.
According to Yap, FEAC representatives will visit the Philippines in November to firm up the trading and production of agricultural commodities with prospective trading and venture partners. (PIA-MMIO)
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by anyajulia | Sep 24, 2009 | Election 2010, Headlines, National News
Lay down governance platform. This was the Malacañang challenge to the presidentiables in the 2010 election.
Deputy Spokesperson Lorelie Fajardo said the administration is eager to showcase the achievements of Defense Secretary Gilberto Teodoro Jr., the standard bearer of the ruling administration coalition party Lakas-Kabalikat ng Malayang Pilipino-Christian Muslim Democrats (Lakas-Kampi-CMD).
Fajardo stressed the economic accomplishments of the Arroyo administration and the favorable reviews of international financial institutions cannot be invented because they are based on hard data and statistics.
Despite the criticisms of the opposition, the Philippine economy under President Arroyo has grown for 34 consecutive quarters and is one of the few in Asia which has avoided recession. (PIA-MMIO)
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by anyajulia | Sep 23, 2009 | Headlines, Major Events
The Billion Tree Campaign has reached 7 billion trees—one for every person on the planet.
This milestone was reached with the news that the Government of China has planted 2.6 billion trees as part of this unique campaign, bringing the total to 7.3 billion trees planted in 167 countries worldwide.
Achim Steiner, UN Under-Secretary General and Executive Director of the United Nations Environment Programme (UNEP), said: “Seven billion trees, seven billion commitments to action and seven billion reasons why governments should be inspired to Seal the Deal at the crucial UN climate change convention meeting in Copenhagen in less than 80 days’ time.”
The announcement was made in New York on 21 September at a press conference attended by international dignitaries. The announcement coincided with Global Climate Week, an event launched to mobilize global mass action around the UN high-level event on climate change – including the Global Tree Planting Drive on 19 September where people were encouraged to plant trees on every corner of the planet.
The Billion Tree Campaign was launched jointly with the World Agroforestry Centre during the UN climate convention meeting in November 2006 in Nairobi, Kenya, under the patronage of Nobel Peace Prize Laureate Professor Wangari Maathai and His Serene Highness Prince Albert II of Monaco.
Its initial goal was to catalyze the pledging and the planting of one billion trees as a way of giving public expression to the challenges of climate change and also forest and ecosystem degradation.
Proving true its motto that ‘Every tree counts, and we count every tree’, the Billion Tree Campaign’s phenomenal success is a result of the participation of people of all walks of life and from every corner of the planet. (UN/PIA)
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by anyajulia | Sep 23, 2009 | Headlines, Major Events, National News
Malacañang welcomes the Senate’s investigation into the possible misuse of the multi-billion-peso road user’s tax.
Administration Senator Miriam Santiago called for the probe on how proceeds of the tax has been spent, noting that P42 billion has been collected since 2001 when Republic Act 8794 was enacted into law.
Deputy Presidential Spokesperson Anthony Golez disclosed that the seven-man Road User’s Board will be able to clarify how the money was spent.
The road user’s tax is collected annually from vehicle owners to finance road maintenance and land transport infrastructures (PIA)
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by anyajulia | Sep 23, 2009 | Headlines, Major Events
In relation to the CFL Distribution Program, the Department of Energy (DoE) invites the public to its 1st Consultation Meeting on Clean Development Mechanism (CDM) and Climate Change.
Its primary focus is to increase consumer awareness on the use of more energy efficient lighting systems to reduce electricity consumption as well as greenhouse gas emissions.
The project will also benefit from the Certified Emission Reduction (CER) credits that can be secured from the CDM of the Kyoto Protocol. However, part of the CDM requirements is to consider and internalize local stakeholders’ concerns on the project through the conduct of stakeholder consultations.
The consultation meeting will be held at 9:30 in the morning on September 24, 2009 at the Dynasty Court Hotel in Cagayan de Oro City. (DOE)
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