In the past, a provincial fiesta was held based on the need to honor a Catholic saint’s feast day. But then came the Baguio Flower Festival, or Panagbenga in 1995, which changed the rules by becoming the first secular fiesta, after Bacolod’s popular Masskara, during the month of February.
Hundreds of Filipinos converged on the Philippine capital’s main bayfront Tuesday for a unique “sunset watch” protest aimed at stopping what they said would be a disastrous reclamation project.
The Philippines is sitting on vast renewable energy potential of more than 250,000 megawatts of power that can save money, generate jobs and make electricity available and affordable to more Filipinos, Greenpeace said in a report on Wednesday.
Are those with fortunes simply fortunate? Do our life circumstances depend more on fate or choice? Are leaders born or made?
For decades, Mindanao, the country’s biggest island group, has been given this moniker because of its vast fertile land, scintillating sights and diverse natural wonders.
It was an agonizing seesaw battle with the Supreme Court, famous or notorious for its flip-flopping decisions off and on over a four-year span: A decision handed down, reversed; request for reconsideration, a loss by one vote; request for reconsideration again, and then a gain by one vote.
The thrust of Albay is towards tourism and economic development, according to Governor Joey S. Salceda. Specifically, in the capital city of Legazpi, the economic developments can be summed up in the acronym MICE (Meetings, Incentives, Conventions and Exhibitions). Thus, of Mice and money. Any resemblance to John Steinbeck’s novel “Of Mice and Men” is purely the imagination of English majors.
The National Economic and Development Authority has refuted criticisms that the Philippine Development Plan (PDP) is anchored only on export-oriented and foreign-investment led model. Myrna Clara B. Asuncion, director of NEDA’s national planning and policy staff, said in an e-mail that the PDP had considered a “multi-speed world economy.” That means developed economies will take [...]
Philippine banks have failed to extend credit to Philippine farmers and fishermen, contributing to a huge financial gap in the agriculture sector and leaving farmers in the grip of usurers who charge exorbitant interests that plunge them into debt.
State-owned Philippine Export-Import Credit Agency (Philexim) expects to increase its outstanding guarantees for development loans to at least P25 billion by the end of this year, as it accommodates higher demand for its services amid a growing economy. The P25-billion projection by the end of the year represents a significant 79-percent rise from the P14 [...]
The National Economic and Development Authority and the United Nations signed Thursday a program document describing joint actions and strategies that are aligned with the country’s medium-term development plan.
La Liga Policy Institute has expressed support for area-based planning pushed by Economic Planning Secretary Cayetano Paderanga Jr. to complement the country’s 2011-2016 Medium Term Philippine Development Plan (MTPDP). The MTPDP is the country’s blueprint for broad-based economic programs until 2016. It incorporates inputs from government agencies, government-owned and -controlled corporations, business groups, civil society [...]
