26 NOVEMBER 2013
| “Bahay Ko Pananagutan Ko” 2nd raffle draw |
| More than 11, 000 current housing loan borrowers of the National Home Mortgage Finance Corporation (NHMFC) will get a chance to win cash prizes at the second raffle draw of the Bahay Ko, Pananagutan Ko Raffle Program. On December 5, 2013 eight (8) winners will be drawn via electronic raffle. A total of Php1 Million will be given away to the lucky borrowers. The grand prize winner will receive P350,000; the second and third place winners will receive P250,000 and P150,000 respectively, while five (5) winners will each receive P50,000 consolation prize. Awarding of prizes will be held on December 20, 2013, coinciding with NHMFC’s 36th Anniversary. All raffle prizes shall be applied to the outstanding balance of the borrower. Only prizes that go beyond the outstanding balance and result to full payment of the loan with excess payments shall be reimbursed to the borrower in cash, net of 20% winners tax based on the Commission on Audit (COA) Rules and Regulations. The program is open to all borrowers classified as current (zero arrears) for each month of the year. For every six (6) months that a borrower remains current, he shall be entitled to one raffle coupon. This means that a maximum of two raffle coupons may be earned by an updated borrower within the year. Computer-generated raffle entries shall be assigned to all eligible borrowers after cut-off date of the program, which is March and September of the year. The “Bahay Ko Pananagutan Ko” Rewards and Incentives Program aims to encourage borrowers to pay early and maintain their housing loans in current status without restructuring their loan obligations. Last year, eight (8) updated borrowers were awarded their cash prizes during the agency’s 35th Anniversary. |
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| High demand expectations drive Phl imports growth in September 2013 |
| MANILA – Increased overseas buying of raw materials and intermediate goods, capital goods and consumer goods supported the 7.2-percent growth of total Philippine merchandise imports in September 2013, according to the National Economic and Development Authority (NEDA). “The rise of importation in September 2013 mirrored the buoyant outlook of firms on the volume of business activities for the third and fourth quarters of the year. This is in anticipation of the increase in demand during the holiday season,” said Socioeconomic Planning Secretary Arsenio M. Balisacan. Thus, the value of imports increased to US$5.7 billion in September 2013 from US$5.3 billion in the same period last year. Raw materials and intermediate goods, which comprised 42 percent of total imports, grew to US$2.4 billion (21.9%) year-on-year in September 2013. Higher payments for semi-processed raw materials (26.5%), particularly the rise in imports of materials and accessories for the manufacture of electrical equipment (96.5%) fueled this growth. “Increasing export orders received by the members of the Semiconductor and Electronics Industry of the Philippines may have boosted the import performance of the said commodity, in line with positive global expectations for the electronics industry in the second half of 2013,” the Cabinet official said. Also, imports of capital goods rose to US$1.6 billion in September 2013, higher by 20.8 percent from the same period last year. This growth was due to the higher import bill of aircraft, ships and boats (1,554.8%), power generating and specialized machines (14.2%) and land transportation equipment (2.5%) for the period. “The higher value of imported aircraft, ships and boats was partly attributed to the arrival of new Airbus A330-300 of Cebu Pacific Air as part of the company’s growing fleet,” said Balisacan, who is NEDA Director-General. As for imported consumer goods, the value of spending increased by 2.0 percent year-on-year to US$663.2 million in September 2013 due to robust purchases of durable items (7.8%). “This corroborates the results of the latest Bangko Sentral ng Pilipinas’ Consumer Expectations Survey indicating that consumers generally perceived the third quarter of 2013 as a favorable time to buy durable items,” he said. Meanwhile, the United States of America was the top source of Philippine merchandise imports in September 2013 with an 11.8-percent (US$675.1 million) share. Second is the People’s Republic of China with an 11.5-percent share (US$657.6 million) followed by Taiwan (8.0%), Japan (8.0%), Singapore (7.2%), Thailand (6.1%), South Korea (5.9%), France (5.7%), Germany (5.5%), and Saudi Arabia (5.2%). |
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| DTI brings Diskwento Caravan to typhoon-hit Tacloban City |
| The Department of Trade and Industry (DTI) held the latest leg of the Diskwento Caravan in typhoon –hit Tacloban City on Friday, November 22, with the goal to make supply of affordable basic necessities available to the affected communities. DTI Secretary Gregory Domingo joined the Diskwento Caravan conducted in RTR Plaza, Tacloban City. “We are bringing Diskwento Caravan to Tacloban City to help the typhoon victims by making basic necessities accessible to them, and to replenish the local supply of goods in devastated areas,” Secretary Domingo said. According to DTI Region 7 Director Asteria Caberte, about six companies, namely Gardenia, Purefoods, Nestle, Dranix Inc., Unilever, and Century Canning Corp. participated the Diskwento Caravan in which basic items such as bread, canned goods, processed meat, coffee, milk, detergent bar, soaps cooking oil, and instant noodles were sold at very affordable discounted prices. Director Caberte reported that the supply for Diskwento Caravan came from Cebu and were transported via Roll-on Roll-off (RORO) boat. She also noted the positive response from the residents who were satisfied with DTI’s initiative to bring supplies to their area. DTI is targeting to conduct Diskwento Caravan again in Tacloban City and another one in Borongan, Eastern Samar next week. Additional basic necessities and prime commodities such as essential medicines, rice, and construction materials will be offered in the succeeding caravans in response to the demand of affected communities. Since last week, DTI already conducted Diskwento Caravan in six cities located in Samar and Leyte: Ormoc City, Leyte (November 14); Maasin City, Leyte (November 18); Baybay City, Leyte and Calbayog City, Samar (November 19); Catbalogan City, Samar (November 20), and Tacloban City (November 22). |
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| "Money matters for kids" exhibit goes to Laguna |
| The Bangko Sentral ng Pilipinas (BSP) will open its second Money Matters for Kids (MMK) Exhibit for the year 2013 on 26 November at the Sunken Lobbies of the Student Union Building, University of the Philippines Los Baños (UPLB) College, Laguna following a successful exhibit at Gateway Mall in Araneta Center, Quezon City on 2-17 August. Dr. Johnny Noe E. Ravalo, BSP Assistant Governor, will deliver the program’s opening remarks and lead the ribbon cutting ceremony. Officers from the BSP, UPLB, and Department of Education Calamba and Sta. Cruz will join Dr. Ravalo. Students of Lopez Elementary School, Los Baños will be the first to view the interactive exhibit which features, among other things, a make-believe bank where children can play the roles of bank managers and tellers; a mock-up Automated Teller Machine (ATM) that introduces kids to the concept of ATM accounts, deposits, and withdrawals; a grocery shop that teaches them how to budget and to differentiate between needs and wants; and an ultraviolet light that highlights the security features of peso bills and teaches children to distinguish between genuine and fake banknotes. It will be open for the public to view and experience from 26 November to 6 December. The MMK Exhibit, spearheaded by the BSP’s Financial Consumer Affairs Group, is a component of the BSP’s integrated Economic and Financial Learning Program. Also a travelling exhibit, it is scheduled to go to different cities and municipalities across the country with the goal of reaching more children and rearing them to become disciplined savers, conscious spenders, and smart consumers at an early age. |
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| Bangko Sentral ng Pilipinas and Province of Tarlac seal partnership through Credit Surety Fund program |
| The Tarlac Credit Surety Fund (TCSF) will formally be launched today at The Aquino Center, Luisita Industrial Park Road, San Miguel, Tarlac City. This affair will be spearheaded by the Provincial Government of Tarlac and the Bangko Sentral ng Pilipinas (BSP), in collaboration with the donor institutions and participating cooperatives. TCSF is a surety fund established to help cooperatives and their micro, small and medium enterprise (MSME) members obtain collateral-free loans from banks. The surety fund is the pooled cash contributions of participating cooperatives, local government unit and other partner institutions. Tarlac Provincial Governor Victor A. Yap and BSP Monetary Board Member Felipe M. Medalla will lead the signing of the Memorandum of Agreement ushering the creation of TCSF as the 29th Credit Surety Fund (CSF) in the country. Thirteen (13) cooperatives in the province have joined the TCSF with an aggregate contribution of P5.750 million. This amount was equally matched by the Provincial Government of Tarlac as its counterpart contribution. The Industrial Guarantee and Loan Fund, Development Bank of the Philippines and Land Bank of the Philippines have also expressed strong support to the CSF Program with their contribution pledges to augment the fund. The CSF program serves as an alternative lending window for MSMEs in the province and businessmen are expected to take advantage of this credit enhancement scheme which has received wide acceptance from various stakeholders since 2008. The CSF program also integrates a training component to build up the capabilities of participating cooperatives in the areas of business plan preparation, credit appraisal, risk management and accounting. The BSP Monetary Board has agreed to allow banks to rediscount loans granted under the CSF program to ensure that small businessmen will benefit more from this credit facility. |
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| IACAT calls calamity-stricken LGUs to guard against human traffickers |
| The Inter-Agency Council Against Trafficking (IACAT) urged local government units of calamity-ravaged areas to protect their constituents from human traffickers taking advantage of the resulting economic hardships in their areas. Justice Secretary Leila M. De Lima, Chairperson of IACAT, said that the poverty, hunger, deaths and economic collapse in these areas make calamity survivors vulnerable and exposed to syndicates engaged in trafficking, promising high paying jobs but end up in sweat shops or brothels. De Lima also encouraged local government officials to be vigilant in guarding the displaced and vulnerable from people dangling false hopes of fast cash and new employment, locally and abroad. "Threats to those who have lost their spouses and those who have lost their parents from the onslaught of Yolanda are imminent," as she further stated that special attention should be given to children who have been recently orphaned and protect them from child trafficking organizations. Cases of domestic trafficking have been recorded from the general Visayas area, which was severely hit by Typhoon Yolanda's rage. The deplorable situation of these areas triggers the natural response of individuals to escape and find better areas to settle on. "The challenge for LGU officials lay on implementing identity checks on the individuals exiting these areas, especially those adults with children in tow," De Lima claimed. Typhoon Yolanda (International Name: Haiyan), considered as one of the strongest storms to have made landfall in the Philippines left a trail of devastation. With winds gusting up to more than 270km/h, thousands of Filipinos have been displaced and majority rendered homeless. "As we rebuild from the ruins left by that massive storm, we must stay cautious against dodgy characters lurking and seeking to exploit the vulnerabilities of those who survived Yolanda," De Lima concluded. |
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| OWWA RWO3 holds First Stakeholders Conference on Reintegration Program |
| The two-day seminar-workshop dubbed Central Luzon Reintegration-EDT-IT Stakeholders Conference invited the grantees, beneficiaries, concerned groups and co-implementers of reintegration programs and services from the partner-government agencies and private sector to evaluate the agency’s efforts and obtain inputs to effectively assist the OFWs and their families’ return to normalcy in the society through its programs and services. Among the thrusts of the conference were to restudy the social preparation aspect of the Reintegration Program and to develop interventions to assist the program beneficiaries. In establishing common understanding of the needs of OFWs/returnees intending to engage in business, the presence of government agencies, LGUs, non-government organizations and private sectors would help harmonize and organize the programs, services and efforts of each in providing and implementing livelihood-related services to OFWs alongside each entity’s commitment in implementing the convergent programs and/or services for OFWs. Furthermore, the conference also stressed the importance of current information/computer technology in all phases of business/livelihood undertakings from business planning to implementation. Representatives from the following national and local government offices/units and non-government sectors were present during the conference: Land Bank of the Philippines (LBP) Department of Labor and Employment Department of Agriculture (DA) Department of Trade and Industry (DTI) Provincial Public Employment Service Offices Provincial Cooperative and Entrepreneurial Development Offices State Universities and Colleges with extension programs on entrepreneurship Kabalikat ng Migranteng Pilipino, Inc. (KAMPI) Private sector partners Successful OFW entrepreneurs and those experiencing difficulty in their respective entrepreneurial endeavours. OWWA RWO3 Director Ma. Lourdes V. Reyes called on the active participation of each representative. She also took the opportunity to present OWWA’s Reintegration Program for OFWs and OFW returnees intending to engage in business. OFW entrepreneurs -- Bernardo Calilung of Tarlac, Rogelio Balagtas and Myrna Yabut of Pampanga, all beneficiaries of OWWA’s 2-Billion Reintegration Program who are now running their own businesses courtesy of the loan -- shared their insights during the seminar. They shared their needs, difficulties, adversities and best practices encountered in their entrepreneurial endeavors. Representatives of partner-entities presented their programs and/or services relative to OFW livelihood and/or business opportunities. They were Mylene Evangelista (DOLE-Regional Office 3), Judith Angeles (DTI-RO3), Charito Libut (DA RO3), Rolando Santos (LBP), Nida Duco (PESO Tarlac), Marvi dela Cruz (PCEDO Tarlac), Linda Mae A. Fernandez (TCA), and Dr. Felicisima E. Tungol (BPSU Orani Campus). The workshop served as venue to determine the gaps of the Reintegration Program and to develop interventions and strategies which may be adopted in ensuring the viability and expanded reach of the program in the Region. |
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| Tacloban, on its way to recovery – Sec. Dinky |
| Tacloban City – It is slowly becoming “business as usual” in the city, according to Department of Social Welfare and Development (DSWD) Secretary Corazon Juliano-Soliman. Secretary Soliman, who has not left the Visayas since day one of the disaster operations on November 9, observed that some big grocery stores, bakeries, water refilling and gasoline stations, hardware, vulcanizing shops, and banks have already resumed operations. She also added that buses and public utility vehicles have started to ply major thoroughfares. The Secretary recalled that a day after the typhoon, people were wandering aimlessly on the streets. “Today, we can see residents still on the streets but are now cleaning their surroundings,” she said citing her observations. Positive Attitude Secretary Soliman also shared that attitude plays an important role in rebuilding their lives. She referred to the evacuees who somehow forgot their predicament as they were glued on the Pacquiao-Rios boxing match being projected in two big screen projectors set up by the Philippine Navy and SKYcable. “Attitude is important. The people should derive inspiration from people with strong fighting spirit. There is still hope here in Tacloban,” the Secretary said. Leonardo Abobo, Jr., a beneficiary of the Pantawid Pamilyang Pilipino Program whose family survived the typhoon, possesses such positive attitude. Recuperating from a recent operation, Leonardo has expressed his readiness to reconstruct their house and start a livelihood. Children are coping, too Children, too, are somehow slowly getting over their traumatic experience. At the Sto. Niño SPED Center, one of the 37 temporary shelters here, cousins John Mike Sera and Anthony Alo enjoy riding the swing. This is the exact opposite of how they were a few days after the typhoon. Their mothers recounted how their children became quiet for sometime and would cry upon seeing rain or water. In an interview with the two boys, John and Anthony enthusiastically shared how they survived the frightening typhoon. Anthony narrated how he tightly held his brother to keep him safe. “S’yempre unahon ko nak bugto. Importante kinabuhi nak bugto kaysa han ak mga kalapati (Of course I had to protect my younger brother. His life was more important to me than my pet doves),” Anthony said. The children are now back to being young and hopeful. They said they wanted to be soldiers someday so they could help other people. Cash-for-Work To complement this return to normalcy of the residents, DSWD is now implementing the Cash-for-Work (CFW) Program for the clearing operations. CFW is an intervention for disaster victims where they are given cash in exchange of doing community work such as clearing roads and canals of debris. Secretary Soliman emphasized that it would also help victims if they have some cash now especially that life here is slowly getting back to normal. “With their cash, they can now buy the food they want and the things they need,” Secretary Soliman pointed out. |
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| Construction of bunkhouses starts |
| The Department of Public Works and Highways has started the construction of bunkhouses in Tacloban City and Palo, Leyte as temporary shelter for families affected by typhoon Yolanda. DPWH Secretary Rogelio L. Singson said that works are on-going for the construction of bunkhouse units in four (4) sites in Tacloban City, Palo (Leyte), and Basey and Marabut (Samar). Activities are on-going with footings ready for pouring for the construction of initial bunkhouse units in Barangay Abucay, Tacloban City which will benefit some 240 families. Footing excavation has also started for the four (4) bunkhouse units at the Government Center area in Baras, Palo, Leyte while seven (7) similar projects are on mobilization stage with the contractors’ awaiting arrival of construction materials and additional manpower to hasten work in the shortest possible time to benefit a total of 2,400 families. As more sites for construction of bunkhouse projects are identified, authorized and certified by the concerned local government units (LGUs), DPWH conducts immediate verification, and if determine feasible, directs partner contractors to mobilize and commence work, said Singson. DPWH designed a temporary bunkhouse made of coco lumber wooden frames, GI sheet roofing, plywood walls and flooring, and cement footing. A bunkhouse with a common toilet/wash area and kitchen will be composed of 24 units with an area of about 8.64 square meters per unit to accommodate a family of five (5) members. In Samar, about 240 families will benefit the temporary shelter being constructed at the 2-hectares Basey First Housing Area in Sitio Bangon, Basey, Samar as the contractor starts working for the construction of 10 bunkhouses. Other sites with secured LGU authorization, verified by DPWH, and contractors’ on the progress of mobilization includes two (2) hectares area for 960 families in Barangay Amambucale, Marabut, Samar; two (2) hectares area for 960 families in Barangay Pago, Tanauan, Leyte; and five (5) hectares shelter area in Barangays San Roque and Olot, Tolosa, Leyte which will benefit about 2,400 families. |
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| Gov’t trains prosecutors, police investigators on int’l humanitarian law |
| Manila —Investigators from the Philippine National Police (PNP) and prosecutors from the Department of Justice (DOJ) in Caraga received training on Republic Act (RA) 9851, also known as the Philippine Act on Crimes against International Humanitarian Law (IHL), Genocide, and other Crimes against Humanity last 14 November in Surigao City. The training was meant to deepen the law enforcers’ understanding of the law and its importance in the context of armed conflict, and encourage greater police-prosecutor cooperation in building strong cases for effective prosecution under RA 9851. It was conducted by the Government Monitoring Committee on the implementation of the Comprehensive Agreement on Respect for Human Rights and International Humanitarian Law (GPH-MC on CARHRIHL) in partnership with the Department of Justice and the Philippine National Police’s Human Rights Affairs Office. Atty. Jaime C.N. Arroyo, secretariat head of the GPH-MC said, “This piece of legislation can serve as a very effective tool against impunity by punishing the violations that tend to occur in the local armed conflicts that continue to rage in several provinces across the country.” He added, “This was best exemplified in the harrowing events in Zamboanga City last September where civilians were used as human shields. The time has come to send the message to violators of IHL that the government does not tolerate such atrocities and intends to bring them all to justice. And it is our local law enforcers and prosecutors who can most effectively wield this law against the violators.” Specific war crimes in a non-international armed conflict (NIAC) include, willful killing, torture, hostage-taking, attacking civilian persons and objects, using weapons that cause undue suffering, and misusing official uniforms and distinctive emblems of humanitarian groups to name a few. Police, prosecutor enthusiasm For the police investigators and prosecutors, the training was a welcome enhancement in their efforts to prosecute HR violations under the rubric of IHL. Surigao del Norte Associate Prosecution Atty. Ligaya Berango, a workshop participant, remarked that it will be easier to prosecute organized armed groups under RA 9851. “This new law is a breakthrough in our judicial system. The law corrects many deficiencies in our laws, such as under the Revised Penal Code for rebellion. This law for me is very important considering that we have a lot of cases of rebellion.” Another participant, SPO1 Cheryl Q. Saldo is pleased and encouraged that under RA 9851, both state and non-state armed groups are equally accountable for HR-IHL violations, and that no special treatment is accorded to any particular perpetrator “unlike before when it would be ‘all right’ na lang,” Saldo said, alluding to the seemingly preferential treatment accorded to armed rebel groups in HR-IHL discussion. Strengthening commitments RA 9851, enacted in 2009, is the local iteration of the 1998 Rome Statute which the Philippines ratified in 2011. It sets penalties for war crimes, acts of genocide, or other crimes against humanity. War crimes may include those that take place in international and non-international armed conflicts, such as those between the forces of the government and armed non-state actors. The Rome Statute established the International Criminal Court (ICC). Atty. Herminia T. Angeles, Senior State Counsel of the DOJ who lectured on the Rome Statute, noted that the Philippines is answerable to the ICC if it is “unwilling or unable to investigate and prosecute crimes…such as genocide, crimes against humanity, war crimes and crimes of aggression.” “The local prosecutors…play a very vital role in the determination of the ICC, whether the state has the capacity to conduct investigation and prosecution on its own, hence the relevance of the Rome Statute in this training,” she added. Violations against certain provisions in the CARHRIHL are now punishable under RA 9851 and other recently-enacted laws, the Anti-Enforced Disappearance Act (RA 10353) and the Anti-Torture Act (RA 9745). Signed in 1998 by the Government and the National Democratic Front, the political arm of the Communist Party of the Philippines and the New People’s Army, CARHRIHL is the first and only major agreement reached by both parties in 22 years of on-and-off negotiations. CARHRIHL upholds principles of human rights and international humanitarian law in the context of armed conflict. |
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| UN Emergency Relief Coordinator praises strength and resilience of Filipino people, announces increase in amount of appeal for humanitarian assistance |
| 26 November 2013 - Fresh from her visit to the Philippines, United Nations (UN) Undersecretary-General for Humanitarian Affairs Valerie Amos briefed foreign Missions to the UN of the ongoing emergency relief efforts being coordinated in the Philippines by the UN, as a consequence of the effects of super Typhoon Haiyan (Yolanda) which hit the country two weeks ago. Saying that “a massive disaster like this requires a massive response,” Ms. Amos emphasized how “the international community has demonstrated great solidarity with the people of the Philippines” and thanked countries for the assistance which has helped the United Nation and humanitarian organizations provide vital supplies, logistics teams and equipment. Praising the strength and resilience of the Filipino people, she mentioned how she had seen and heard “harrowing tales of desperate need and profound loss” but also how she heard reports of “immense bravery and heart-warming compassion.” Ms. Amos further stated how she had seen for herself the quick actions taken after the typhoon by the Philippine Government, Philippine Red Cross and other national and provincial agencies, with the support of the international community. Confirming that “the Philippines has one of the best disaster management systems in the world”, she nevertheless clarified that “the sheer scale of this typhoon and the storm surge which accompanied it in some places would have tested any country.” She mentioned how the Philippines had suffered up to four calamities in the previous three months, including the major earthquake in Bohol which preceded Typhoon Haiyan, but praised the excellent civil-military cooperation in the relief efforts which was “a good example of best practices” during this type of emergencies. In closing, the UN Emergency Relief Coordinator further announced that the humanitarian appeal previously launched in the amount of US$301 million had been raised to US$348 million, due to the work that still needed to be undertaken, and hoped for the continued generous response of donors around the world. Representatives from the US, Australia, Italy, France, Russia, Israel, Japan, China, Sweden, Ireland and the European Union took turns in thanking Ms. Amos for the work being undertaken, and reiterated their deep sadness over what happened in the Philippines, while joining in the praise for the resilience of the Filipino people and acknowledging the efforts being undertaken by Philippine authorities and agencies in the ongoing relief and rehabilitation efforts. They pledged their continued support for these efforts and hoped that the current crisis would serve as a lesson to the world on the need for increased disaster preparedness and response to climate change. Speaking for the Philippine Mission, Deputy Permanent Representative Eduardo A. de Vega thanked Ms. Amos and the international community for their support for the Filipino people, saying that “While we are overwhelmed by the magnitude of this disaster, we are similarly overwhelmed by the incredible solidarity demonstrated by the international community for our people.” He briefed Missions on the Aquino Administration’s relief and rehabilitation plans centered on rebuilding infrastructure, restoring social services, and assisting the affected population, including small-scale farmers and fisherman, in restoring their livelihood activities. Quoting from famous American author and humanitarian Helen Keller, Mr. de Vega stated that “although the world is full of suffering, it is also full of the overcoming of suffering” and declared that “thanks to the help of the international community, the Filipino people with our known resilience will recover from this tragedy.” |
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| Swiss travel industry expresses overwhelming support for Philippine tourism |
| 25 November 2013 - At the Asia Workshop 2013, an annual tourism event in Switzerland, participants and guests expressed overwhelming support for the recovery of the tourism industry in the Philippines. The one-day event held at the Swissötel in Zurich last November 18 and participated in by travel service providers and travel agencies in Switzerland and abroad, was aimed to promote travel to Asia by providing a wide range of information on the products and services available in this region. The country in focus during this event - or so-called “host country” - was the Philippines. As host country, the Philippines was given the opportunity to present to the participants, comprising an audience of more than 500 people, the country of 7,107 islands, its culture, its nature, and the activies it can offer to visiting travelers. As the event took place at the height of the ongoing relief operations following typhoon Yolanda (Haiyan), questions and discussions centered on the level of destruction in central Philippines, the status of rehabilitation efforts and the plight of the Philippine tourism. Team Philippines took the occasion to inform the workshop participants, including the Swiss media, that relief efforts are in full-swing, that only a small portion of the central Philippines has been affected by the typhoon and majority of tourist areas are still open, and most of all, that we will be able to rebuild what has been lost, even surpassing what has been. The team was able to give a different perspective to the slogan “It’s more fun in the Philippines” – emphasizing that “fun” is not just enjoyment or merriment, but “feeling good” when you express solidarity with those in difficulty. Expressions of support for and solidarity with the Philippines was continuous all throughout the event, with travel agencies and associations giving re-assurance that they are standing by the Philippines and will actively promote country as a travel destination. Philippine participation in this Asia Workshop was led by the Philippine Tourism Office in Frankfurt with the full support of the Philippine Embassy in Berne. |
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| PDIC advises borrowers of Rural Bank of Alaminos (Laguna) to pay their obligations |
| The Philippine Deposit Insurance Corporation (PDIC), the Receiver of the closed Rural Bank of Alaminos (Laguna), reminded borrowers of the bank to continue to pay their loans and transact only with authorized PDIC representatives. In a statement, PDIC advised borrowers of the Rural Bank of Alaminos to pay their loans and other obligations directly at any Philippine National Bank (PNB) Branch under account name, PDIC FAO BURL – RURAL BANK OF ALAMINOS with Reference Number 373-0949-00013. The Receiver cautioned borrowers that it has discontinued the engagement of the bank’s collectors. PDIC has not engaged any person to collect the loans of the bank. To ensure proper recording of payments made by borrowers, it further advised borrowers to keep copies of the PNB Deposit/Payment Slips. The Receiver emphasized that only payments with validated PNB Deposit/Payment Slips shall be considered valid payments. The Monetary Board (MB) placed the Rural Bank of Alaminos under the receivership of the PDIC by virtue of MB Resolution No. 1875 dated November 14, 2013. As Receiver, PDIC took over the bank on November 15, 2013. Upon takeover, all bank records were gathered, verified and validated. Rural Bank of Alaminos is a three-unit bank located at 99 Rizal St., Alaminos, Laguna. Its two branches are located in San Pablo, Laguna and in Sto. Tomas, Batangas. Borrowers of the bank may also communicate with the PDIC – Loans Management Department I at (02) 841-4760 or 841-4992. Queries may also be sent through email at pad@pdic.gov.ph. |
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| October 2013 Special Professional Licensure Board Examination for Certified Public Accountants results released (Middle East) |
| The Professional Regulation Commission (PRC) announces that 37 out of 150 passed the Certified Public Accountant Licensure Examination given by the Board of Accountancy in Abu Dhabi, United Arab Emirates; Jeddah and Riyadh, Kingdom of Saudi Arabia and in Doha, Qatar last October 2013. The members of the Board of Accountancy are Eugene T. Mateo, Chairman; Rufo R. Mendoza, Vice Chairman; Luis A. Cañete and Jose S. Tayag, Jr., Members. |
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