by magnolia_eic | Jun 4, 2012 | Business, Headlines, National News
THE Philippines stands to benefit the most from the expected investment boom President Benigno S. Aquino III’s forthcoming official visit to the United Kingdom will generate, an official of the Department of Foreign Affairs said recently.
Philippine Ambassador to the UK Enrique Manalo said the President’s visit from June 4 to 6 will “further cement and invigorate” bilateral ties between the two countries and further boost investor confidence in the country.
He said UK businesses and investors have been looking at the Philippines as an “emerging power in Asia,” noting the country’s resiliency to withstand economic downturns in other countries like the United States but most especially, its positive growth for three consecutive years.
“His (President Aquino’s) coming here (UK) will further cement and, I hope, invigorate the bilateral ties between the Philippines and the UK…and when he comes here, one of the topics of his agenda will be to promote business and commercial relations with the UK for
investments and trade…and we feel that his coming here will also pave the way for more high level companies to invest in the Philippines,” Manalo said.
“As you know, our country has experienced for the past three years positive growth rates despite the economic downturn in the US. This is an area where there are many economic opportunities (and) I think the UK business investors will try to take advantage of that. We should see how we can offer incentives and (more) opportunities for them,” he added.
Among President Aquino’s activities in UK will be a bilateral meeting with Prime Minister David Cameron at 10 Downing Street where the two leaders are expected to discuss Philippine-UK political and economic cooperation, the UK’s participation in the international
contact group (ICG), regional and international issues, and anti-corruption and good governance practices of both governments.
The President will also meet with several British investors, take part in the Philippine fun tourism campaign of the Department of Tourism and meet with the Filipino community in the UK, the largest in Europe.
The Philippines and the UK have a long standing diplomatic relations, with ties starting in 1946. The UK is the country’s top European investors, the 23rd trading partner, the biggest tourism market in Europe and host to the biggest number of Filipinos in Europe. (PCOO)
by magnolia_eic | Jun 1, 2012 | Headlines, Local News / Bohol Balita
TAGBILARAN CITY, Bohol, May 31 (PIA)–Gibutyag ni Provincial Prosecutor Macario Delosa atol sa Provincial Peace and Order Council (PPOC) meeting nga gipahigayon kagahapon didto sa Governor’s Mansion ang kakulang og dugang 23 ka mga Provincial Prosecutors sa lalawigan sa Bohol aron maatiman ang mga reklamo gikan sa katawhan nga gitaral sa mga
hukmanan sa lalawigan ug dakbaya.
Sa 23 ka mga prosecutor nga gikinahanglan alang sa lalawigan sa Bohol, 14 niini ang alang sa probinsya ug 9 usab ang gikinahanglan sa dakbayan.
Gibutyag usab ni Delosa nga sa 23 ka mga prosecutors nga gikinahanglan, 3 pa lamang ang ni apply sa maong posisyon pinaagi sa pagsomitir sa ilang mga papeles diha sa ilang buhatan sa Provincial Prosecutor’s Office.
Giduso na usab ang maong mga aplikasyon ngadto sa ilang labaw nga buhatan sa Hudikatura alang sa evaluation ug pag-aprobar ni Presidente Aquino.
Naglaum si Delosa nga molihok na ang mga natanggong nga mga aplikasyon sa mga prosecutors human natapos na usab ang impeachment trial sa punong mahistrado nga si Renato Corona. (PIA-Bohol/ecb)
by magnolia_eic | Jun 1, 2012 | Headlines, Local News / Bohol Balita
TAGBILARAN CITY, Bohol, May 31 (PIA)–Gibutyag ni PNP-Bohol Provincial Director PSSupt. Constantino Barot, Jr. atol sa tigom sa mga sakop sa Provincial Peace and Order Council (PPOC) kagahapon didto sa Governor’s Mansion nga ang bulan sa Marso ning tuig
nitala ug taas nga crime volume apan nikunhod sa bulan sa Abril.
Nagpabiling nag-una sa mga nahitabong krimen sa Bohol ang pagpangawat ug gisundan kini sa tulis.
Apan bisan pa niini, gi-deklarar sa PNP-Bohol nga luwas gihapon alang sa mga katawhan ug mga patigayon ang lalawigan
Sa iyang bahin, gipahayag ni 802nd Brigade Commander Col. John Bonafos nga nagpabiling anaa sa lalawigan ang Bohol While Area Committee kun komitibang rehiyon sa Central Visyas taliwala sa ilang pagkapakyas sa pag-andam sa lakang alang sa laraw nga pagsulod
og balik sa bukirang bahin sa Bohol sa mga armadong grupo.
Samtang giduso sa PPOC ang pagbutang og mga CCTV camera sa mga munisipyo ug mga patigayon isip usa sa mga pamaagi pagpakgang sa mga dautang laraw sa mga kriminal.
Kini agig tubag sa mga nahitabong pagpanglungkab sa mga buhatan sa mga mamahandi sa pipila ka munisipyo dinhi sa lalawigan sama sa nahitabo sa mga lungsod sa Balilihan, Bilar ug Catigbian ning bag-o lang. (PIA-Bohol/ecb)
by magnolia_eic | Jun 1, 2012 | Headlines, National News
TAGBILARAN CITY, Bohol, May 31 (PIA)–Magpulong na sa Lunes, Hunyo 4 ang Judicial and Bar Council (JBC) alang sa himuong pagdawat sa nominasyon sa mahimong mosunod nga chief justice.
Matud pa ni JBC member nga si Atty. Milagros Fernan-Cayosa, tungod kini sa pagdeklarar sa Korte Suprema kagahapon nga bakante na ang posisyon sa punong mahistrado human ma-impeach si Chief Justice Renato Corona.
Adunay 90 ka adlaw si Presidente Benigno “Noynoy” Aquino III aron magbutang og bag-ong punong mahistrado apan target nilang maka-sumite og listahan sa mga nominado sulod sa 45 ka adlaw.
Gibutyag ni Cayosa nga base sa Batakang Balaod, adunay tulo ka minimum requirement aron ma-nominate o irekomendar sa posisyon. Angay natural born Filipino citizen, 40 anyos pataas ug adunay 15 ka tuig nga kasinatian sa pagserbisyo isip hukom o pag-practice sa
balaod.
Apan tungod kay chief justice man ang gihisgotan, mas maayo kun mas taas pa ang kwalipikasyon.
Gipasabot usab ni Cayosa nga dili kinahanglang gikan sa sulod o sa Korte Suprema ang mosunod nga punong mahistrado.
Giingong dili usab limitado sa nominasyon o rekomendasyon apan mahimong mo-apply ang usa ka interesadong indibidwal kun sa iyang tan-aw kwalipikado siya sa posisyon. (PIA-Bohol/ecb)
by magnolia_eic | Jun 1, 2012 | Headlines, National News
MALACAÑANG bared the significant growth in the country’s economy that were attributed to the continued confidence by the private sector on the Aquino administration, including the increase in exports and the increase in expenditures by the Filipino people.
In a regular press briefing in Malacanang on Thursday, Deputy Presidential Spokesperson Abigail Valte read a statement on the country’s Gross Domestic Product (GDP) growth in the first quarter of 2012 which, she said, was the highest in Asia and in the entire Association of Southeast Asian Nations (ASEAN) region.
“The Philippine economy grew by 6.4 per cent in the first quarter of 2012. The better than expected economic growth was due to sustained private sector confidence and accelerated government spending. There were healthy increases in the services sector, complemented by growth in exports and increases in household consumption expenditures,” Valte said.
“The first quarter GDP figure validates the optimistic outlook of the President and his economic team. It is the highest first quarter GDP growth in a non-election year since 2006; the second highest in Asia; and the highest growth rate in the entire ASEAN region for this
period,” she added.
“We are confident that the positive trajectory of our GDP growth will be sustained in the latter quarters of this year, which has traditionally demonstrated more robust and dynamic economic performance. Moreover, this affirmation of our country’s steady advance toward inclusive growth comes at the heels of Moody’s Investors Service upgrade of our credit
outlook to positive from stable. All indications point to the global economy’s continued confidence in the Philippines, as well as to a more optimistic outlook within the country,” Valte explained.
At the height of these achievements, Valte assured that the government will continue to pursue its reform agenda and efforts to ensure the improvement of the lives of the Filipinos.
“The hard work continues, on the firm foundations of these recent achievements. As the Aquino administration has been resolute in carrying out its agenda of reform and in institutionalizing good governance, it will continue to be equally steadfast in translating our
economy’s gains into employment opportunities, programs geared toward poverty alleviation, and the systemic improvement of the way of life of Filipinos,” Valte noted. (PCOO)
by aimee | May 31, 2012 | Headlines, National News
MALACAÑANG bared the significant growth in the country’s economy that were attributed to the continued confidence by the private sector on the Aquino administration, including the increase in exports and the increase in expenditures by the Filipino people.
In a regular press briefing in Malacanang on Thursday, Deputy Presidential Spokesperson Abigail Valte read a statement on the country’s Gross Domestic Product (GDP) growth in the first quarter of 2012 which, she said, was the highest in Asia and in the entire Association of Southeast Asian Nations (ASEAN) region.
“The Philippine economy grew by 6.4 per cent in the first quarter of 2012. The better than expected economic growth was due to sustained private sector confidence and accelerated government spending. There were healthy increases in the services sector, complemented by growth in exports and increases in household consumption expenditures,” Valte said.
“The first quarter GDP figure validates the optimistic outlook of the President and his economic team. It is the highest first quarter GDP growth in a non-election year since 2006; the second highest in Asia; and the highest growth rate in the entire ASEAN region for this period,” she added.
“We are confident that the positive trajectory of our GDP growth will be sustained in the latter quarters of this year, which has traditionally demonstrated more robust and dynamic economic performance. Moreover, this affirmation of our country’s steady advance toward inclusive growth comes at the heels of Moody’s Investors Service upgrade of our credit outlook to positive from stable. All indications point to the global economy’s continued confidence in the Philippines, as well as to a more optimistic outlook within the country,” Valte explained.
At the height of these achievements, Valte assured that the government will continue to pursue its reform agenda and efforts to ensure the improvement of the lives of the Filipinos.
“The hard work continues, on the firm foundations of these recent achievements. As the Aquino administration has been resolute in carrying out its agenda of reform and in institutionalizing good governance, it will continue to be equally steadfast in translating our economy’s gains into employment opportunities, programs geared toward poverty alleviation, and the systemic improvement of the way of life of Filipinos,” Valte noted. (PCOO)
