Today's Top Stories

  • COWD clarifies Water Fund from their budget, not City Hall

    COWD clarifies Water Fund from their budget, not City Hall

    The Cagayan de Oro City Water District has clarified that the P6 million fund for potable water supply development projects the City Council wants the water district to account for is actually funded by COWD. As provided through Cagayan de Oro City Council Resolution No. 7732-2006, COWD voluntarily established a P6 million annual fund for various water system projects or water services improvement in the city and suspended the 10% surcharge on the “city water bills” which was passed and approved on Jan. 30, 2006. “The fund is actually a token assistance from COWD meant to augment the city government’s and the barangay or school concerned funds for small water projects identified by the sitting Local Chief Executive (now Mayor Oscar S. Moreno),” explained COWD Acting General Manager Bienvenido V. Batar, Jr. “We submit an annual report to the Office of the City Mayor on projects covered by this fund and anyone who wishes to look into the details of these projects can submit a request to his office,” he added. Earlier, Councilor Edna Dahino, chair of the City Council Committee on Budget, Finance and Appropriation of the City Council requested COWD for an immediate accounting of the P6 million per year fund which totals P78 million for the past 13 years. Among the city councilors who endorsed the resolution were incumbent city councilors Annie Daba, Ian Mark Nacaya, Zaldy Ocon and former city councilors Jose Benjamin Benaldo, Alvin Calingin, Edgar Cabanlas, Alfonso Goking, Maryanne Enteria, Simeon Licayan, and Alexander Dacer. Batar cited the recent experience of the Suntingon Elementary School at Reyes Main Road in Barangay Bugo which had been reported to have a water problem by the Check My School program through the DepEd School District Superintendent due to the relatively high elevation of the school. “Mayor Moreno referred the project to us for possible funding through our fund allocated for such special projects. Our technical department surveyed the area and COWD constructed a cistern to stock water, a pipeline to pipe it to the higher elevation where it was stored in a water tank and distributed to the various classrooms and buildings downhill by gravity,” Batar noted. Batar said Mayor Moreno evaluates the requests for such water projects from barangays, schools for water supply systems, pipeline extensions and the like, and endorses to the COWD which ones he considers the priority projects to be funded from the P6 million annual fund. COWD then prepares the program of works and other related documentations, fund and implements the priority projects from its P6 million annual fund. Batar further clarified that COWD does not receive any form of subsidy from either the local or national government. “COWD relies solely on its water sales to fund its operations and implement improvements and expansion projects,” Batar noted. “The only payment the city makes to the water district is for the monthly bills incurred by city hall and its various offices. In the City Mayor’s Annual Report for 2018, the City of Cagayan de Oro is listed as having undertaken the construction of five water supply systems in barangays Balubal, FS Catanico, Lumbia, Mambuaya, and Tuburan;  two water improvement projects in Barangays Cugman and Tumpagon; and the rehabilitation/construction, and expansion of the water system in Barangay Taglimao. These were undertaken by the Office of the City Engineer through the Barangay Panubig Project Point Person Engr. Sid  Obligado, who has subsequently been assigned as the current City Building Official.

    April 1, 2019

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  • Mindanao Daily News FB Like and Share Challenge!

    Mindanao Daily News FB Like and Share Challenge!

    MINDANAO DAILY NEWS FB FAGE LIKE AND SHARE CHALLENGE   WANT A BRAND NEW SAMSUNG PHONE NOW FOR FREE? HERE ARE THE STEPS TO WIN!!   Want to get your brand new Samsung Phone? We would like to say THANK YOU for joining "FB PAGE SAMSUNG PHONE GIVEAWAY CONTEST." Below are some of the details to make sure you give yourself the best possible chance to win this brandnew cellphone and load! ·          Our give away promo winner will be drawn on May 15, 2019. See Official Rules for more details. ·         The Winner will be announced on both our Facebook Fan Page and via our Newspaper (print) on the day of the drawing! ·         This includes liking and sharing Mindanao Daily News Fan Page for our online edition to gain maximum mileage with your help ·         Sharing our social media promotion to just 3 of your friends and commenting "I want to win a cellphone will give you 1 official entry to the contest.  If you haven't done so already make sure to post on your Facebook page the following message (so your friends and family can enter!)… Just copy and paste the below message to your Facebook wall! Don't miss out! The easiest way to own a brand new phone. Here's how you can connect with us right now:  ·         Become a Facebook Fan (if you’re not already) – Click HERE ·         Join Our Group Page – Click HERE  ·          All of these things will increase your chances of knowing if you win the brand new Samsung Phone. Plus help you stay connected with us for additional promotional offers! VISIT OUR PROMO PAGE NOW TO JOIN AND CONFIRM YOUR ENTRY

    April 1, 2019

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  • DICT launches Tech4Ed  Center in Iligan City

    DICT launches Tech4Ed Center in Iligan City

    ILIGAN CITY -- To bridge the digital and education divide, the Department of Information and Communications Technology (DICT) launched a Tech4Ed Training Center at Dalipuga National High School, Iligan City.      DICT’s Mindanao Cluster 2 Director, Evamay C. Dela Rosa shared the importance of providing students a means to learn Information Communications Technology (ICT).      “If we don’t introduce technology to our students, they will be left behind. We need to adapt so that we can always be ready for the fourth industrial revolution,” she said.      “The future of work will be different and Technical Education Skills Development Authority (TESDA) and other government agencies are already on their feet, preparing for this,” Dela Rosa added.      She pointed out that ICT is an enabler and a great equalizer.      “As long as we provide access to the people, anyone, men, women, persons with disability, senior citizens, tambays, drug surrenderees, out-of-school youth – everyone can use the centre to improve their lives,” Dela Rosa said.      Tech4Ed Project technically means ‘Technology for Education to gain Employment, train Entrepreneurs towards Economic development.’      The project aims to provide access points for individuals and communities to bridge the digital and education divide and harness the power of ICT in society towards creating a progressive countryside.      Tech4Ed promotes grassroots development and opportunities for inclusive growth and poverty reduction. It will give communities access to information, communication, technology, government services, non-formal education, skills training, telehealth, job markets, and business portals.      Tech4Ed has six segments to offer in order to give the marginalized to digital opportunities in the easiest and most accessible way possible.      These are eEduSkills, eAssist, eAssess, mAgri, mMarketplace and eGovServ which all has a special function on a specific purpose from educational, job readiness and business tracking, to government office document transactions.      After the ribbon cutting, DICT gave 30 computer packages to 10 different schools within the city, mostly from the hinterlands, namely: Francisca Paradela Legaspi Memorial School, Bagong Silang Elementary School, Abuno National High School Annex, Severo Sana Memorial School, Bulalang Elementary School, Bunawan Agricultural High School, Dalipuga National High School, Kalubihon National High School, Mimbalot Elementary School and Iligan City National School of Fisheries.      The computers have been pre-installed with Tech4Ed Software Programs that will help not only the learners but also the teachers to hone their ICT skills.      Moreover, these devices will help us advocate the use of technology so that we can address the digital divide, and for us not to be left behind, Dela Rosa said.      So far, 42,000 Tech4Ed Centers have been established all over the Philippines, said Dela Rosa. (clviajante/PIA Iligan)

    April 1, 2019

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  • SWU PHINMA studes showcase knowledge, skills in Basic Education Day

    SWU PHINMA studes showcase knowledge, skills in Basic Education Day

    Around 600 students of Southwestern University (SWU) PHINMA enjoyed a day of fun, games, and competition during the annual Basic Education Day on Feb. 22. They showed their knowledge, talents, and capabilities and displayed STEM (Science Technology, Engineering, and Mathematics) education in action through problem-based learning. The event featured one of the biggest chess tournaments in Cebu City with about 280 pairs of players facing off against each other at the University Coliseum. SWU PHINMA’s School of Education invited National Masters Eduard dela Torre and Rommel Ganzon who gave a talk to inspire future chess grandmasters. Ganzon also demonstrated an exhibition game in which he competed simultaneously against elementary teacher and chess coordinator for Grades 4 to 6 Jonathan Paradero and Junior High School Chess Tournament champion Anton Bayno. This is part of SWU PHINMA’s initiative called Chess Time which students are required to attend for a specific number of chess hours every week, giving them the opportunity to earn badges for every win and to enjoy and master chess under the spirit of sportsmanship. Chess Time is one of the initiatives under the STEM-based curriculum being implemented this school year for Grades 1 to 7, and is designed to teach students 21st century skills, such as communication, collaboration, creativity, critical thinking, computational thinking, decisiveness, and wise judgment. “Chess teaches the kids all these skills while developing their focus, discipline, and strategic thinking. It is one gateway for STEM education, and our chess program in the school is the path through that gateway for our budding future grandmasters,” said College of Education Dean Roselyn Fortunado. Another highlight of the Basic Education Day is the Robotics SumoBot Competition in which robots made by the students attempt to push each other out of a circle. Students also participated in Rubik’s Cube Speed Competition, with speed cubers solving the Rubik’s Cube at lightning speed. Grade 1 Engineers also staged their project-based learning presentations while Kinder princes and princesses offered a special number. At the same time, obstacle and lego inflatables were provided for additional fun and play.  “We challenge our students to expand their imagination while learning to sharpen critical and creative thinking,” said Fortunado. For more information about Southwestern University PHINMA’s Basic Education Department (Elementary and Junior High School), contact +63 (32) 416 4680 loc. 184 or visit www.swu.edu.ph.

    April 1, 2019

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Motorcycle Industry Continues Upswing, MDPPA Achieves 21% Growth in 2018

April 1, 2019

Motoring

By: , The Motorcycle Development Program Participants Association Inc. (MDPPA), an organization of premier motorcycle brands in the Philippines, namely: Honda, Kawasaki, Suzuki and Yamaha, has recently released its final tally of motorcycle sales in 2018. The MDPPA achieves 21% annual sales growth with a total of 1,580,926 units sold last year. The total sales figures were broken down into five market segments: Underbone or Moped (MP), Backbone or Business model (BU), Scooter (AT), Street or Standard (ST) and higher displacement motorcycles over 250cc (Others).      Leading the pack in terms of sales is the scooter segment at 577,722 units. This translates to a 48% sales growth from 2017. Coming in second is the Backbone model segment, having 494,842 units sold.Previously the best-performing segment, it still attained a solid 13% growth. While the moped segment only achieved a modest 1% growth, these motorcycles still sold steadily at 494,842 units. Street or Standard segment showed 15% increase having sold 69,627 units.       With the prevailing market forces, the MDPPA expects the upward trend in motorcycle sales to continue as it forecasted a 20% increase in sales in 2019. As the motorcycle rider population grows, the MDPPA stays committed to its advocacy on road safety for the benefit of their even expanding customer base. As a member of the Federation of Asian Motorcycle Industries (FAMI) and the International Motorcycle Manufacturers Association (IMMA), the MDPPA adheres to strict international standards with regards to the quality of its products and is constantly working with relevant government agencies to help establish policies that aim to improve the lives of the motorcycle riding public.

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Kawasaki Presents the Rouser Dare Venture Finalists

April 1, 2019

Motoring

By: , Kawasaki Motors Philippines Corp. recently announced the lucky 10 riders who will be competing in the first motorcycle-centered, digital reality show – the Rouser Dare Venture! The Rouser Dare venture is the only online reality show in the Philippines which gathers riders from all backgrounds to participate in several adventurous tasks that will showcase the Rouser’s endurance and power.      Present during the official reveal are the executives of KMPC; headed its President and Chairman of the Board, Mr. Hisashi Nishizawa; together with Bajaj Auto Limited’s Country Manager for the Philippines Mr. Krishanu Sarkar.      The 10 specially selected riders will travel to Pampanga and will battle it out in a series of challenges that are designed to push our riders to their limit both physically and mentally, and will test their skills as riders on the Rouser NS160. At the end of every webisode, 1 to 2 contestants will be eliminated. The last rider standing will win PHP 100,000, one (1) Rouser NS160, and will have the honor to be declared as the Grand Dare Venture Winner!      The Rouser Dare Venture officially airs on the Rouser Philippines Youtube and Facebook Pages on Summer of 2019.      Official List of Rouser Dareventure’s Top 10 Riders      1. Ryan Tiatco: Metro Manila 2. Mark Benosa: Taguig City, Metro Manila 3. Rabby Dayrit: Quezon City 4. Teodulo Lorca III: Las Pinas city 5. Mharjorie Andres: Quirino, Isabela 6. Archie Templado: Batangas City 7. Cristina Aspan: Bacolod City, Negros Occidental 8. Russell Ban: Roxas City Capiz 9. Henry Philip Malaton IIIL Cagayan de oro City 10. Marcenito Pableo: Tagum City, Davao del Norte

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Hino Inaugurates First Negros Dealership

April 1, 2019

Motoring

By: , Hino Motors Philippines (HMP), the exclusive distributor of Hino trucks and buses in the country, has officially inaugurated its first Negros dealership in Talisay City, Negros Occidental. Another proof of Hino’s commitment to deliver Total Support to its customers, Hino Negros is set to bring premium quality products and efficient services to address the trucking and bus needs of the Sugarbowl of the Philippines and its neighboring cities.      Strategically located along the main road northbound of Bacolod, this new dealership is accessible to more Filipino customers and business partners. It is expected to deliver reliable logistic support, demand for which is rising alongside the steady economic growth in the region. The major industries in the region include agriculture, bioethanol fuel, information technology, business process outsourcing and construction.      “We saw the huge potential of the market here nine months ago when we first broke ground in this area. It brings us great pride and excitement to see the Hino Negros dealership being fully operational and ready to serve customers who are in need of a trusty partner for their truck and bus needs. We are confident that the quality we offer will make our products stand out among the medium and heavy-duty truck segments in the local market here,” shares HMP Chairman Mr. Vicente T. Mills, Jr.      As a 3S dealership center, Hino Negros is fully equipped to provide trucking and bus solutions for every customer need. Aside from its showroom facility where Hino’s lineup of products is displayed, the dealership has express service bays and a dedicated after-sales service facility to accommodate check-up and other maintenance requirements. The dealership is managed by Truckmax Sales and Services, Inc. under the leadership of its president, Mr. Aylwin Y. Yap.      “Hino Negros will provide Sales, Service, and Spare Parts of Hino vehicles to serve the growing demand of this progressive city. As part of the Hino Network, we will not only support you with quality vehicles but we will be there to provide you Total Support. It means minimizing customer’s downtime by putting in place unsurpassed abilities to service and maintain customer vehicles. In Total Support activities, of course, aftersales service is the most important. To fully support our customers, we will also provide safety & eco-driving driver’s training which are still part of our Total Support activities. Aside from trainings, we will provide offsite maintenance through our mobile workshop and fleet maintenance program. We will definitely continue to pursue excellence and quality of our products and services at all times — that is the Hino promise,” says HMP President Mr. Mitsuharu Tabata.      HMP has been engaged in the assembly and exclusive distribution of quality Hino trucks and buses in the Philippines for more than 40 years now. HMP addresses the transport needs of businesses ranging from small and medium enterprises to big corporations by providing safe, durable and reliable trucks and buses.

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Cebu Pacific commences new Manila-Marinduque route

April 3, 2019

Corporate

By: , 01 April 2019 - The Philippines’ largest carrier, Cebu Pacific (PSE: CEB), today launches a direct flight to its newest domestic destination, Marinduque. CEB is proud to be the only airline operating flights in and out of the Marinduque Airport through its subsidiary Cebgo.      The flights will be operated thrice weekly, every Monday, Wednesday and Saturday, out of the NAIA Terminal 4 (Manila Domestic Terminal) in Manila.      “Being the only carrier flying to and from Marinduque, we are very happy to enable the opening of more resorts, other businesses and other opportunities—prospering growth of the province. Now, more tourists will be able to fly direct to Marinduque to see and experience the island for themselves. At the same time, it will also be easier for residents to fly to Manila and travel to any onward destination, be it domestic or international, through CEB’s seamlessly connected network,” said Atty. JR Mantaring, Vice President for Corporate Affairs of Cebu Pacific.      Marinduque is well-known for the Moriones Festival held annually during Holy Week. Aside from this, pristine white sand beaches and islands also surround the province, leaving tons more beauty waiting to be discovered.      “The Department of Tourism will always be supportive of the development of the access to Marinduque. Establishing connectivity is very important for us to continue our goal of making sure we place Marinduque, and the rest of MIMAROPA, on tourists’ bucketlists,” said Mr. Danilo Intong, Regional Director of Region IV-B.   “We are positive that these direct flights will pave the way for our beloved province to be seen and discovered as a world-class eco-tourism destination. We look forward to continue working with Cebu Pacific and other stakeholders as we strive for progress in Marinduque,” said Marinduque Representative Lord Allan Jay Velasco.      Marinduque is the 37th domestic destination of Cebu Pacific. Aside from Marinduque, CEB also operates flights to other up-and-coming tourist destinations such as Tablas, Masbate, Siargao and Camiguin.

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Italpinas Dev’t breaks ground Città Bella

March 27, 2019

Corporate

By: MARK FRANCISCO, Correspondent, THE second phase of eco-friendly apartments of Primavera City develop by Italpinas Development Corporation broke ground Monday (March 25). Dubbed as Citta’ Bella, Primavera City Phase 2 is 11 levels high just like her twin Citta Verde (Primavera City Phase 1) and eventual triplet Citta Grande (Primavera City Phase 3). All three mixed-rise developments will feature residential, commercial and office spaces to top at the roofdeck with a function hall featuring a stunning view of Macajalar Bay to the north and the Bukidnon mountains to the south. The rooftop of all three buildings will be installed with photovoltaic panels, making the entire premises an eco-friendly one. In particular, Citta Bella will offer 291 housing units in three types: studio, one-bedroom and penthouse. According to Italpinas Development Corporation vice-president for brand management Clara Elizaga, there will be six penthouse units at the 11th level of the edifice. The rest of the residential units will be spread out from the fourth to 11th levels. Elizaga said that the first level is reserved for 17 units of commercial space while 36 office units are allocated at the second to third levels. The second building in Primavera City located along P.N. Roa Ave., upper Carmen, Cagayan de Oro City has a total of 106 parking spaces in two basement levels. The construction of the second phase is expected to complete in September 2021 with occupancy to start in early 2022. The whole Primavera City project, which will include a high-rise tower to be called Citta Alta, will finish in 2026. Primavera City development sits in a spacious 55,000 square-meter property in a very prime location in uptown Cagayan de Oro, Northern Mindanao’s premier new growth area. Italpinas Development Corporation pioneers eco-friendly realty projects in this part of the country. “Choosing to live in a green building is not just a lifestyle but a choice to live in comfort and well-being,” IDC chairman and CEO Romolo Nati pointed out. “Sustainability must be a way of thinking and living – a mindset.”

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English learning platform eyes 100K teachers for Chinese kids

March 23, 2019

Corporate

By: , DAVAO CITY -- An online English learning platform serving Chinese children is seeking to hire 100,000 home-based online teachers in the Philippines in the next five years.      Jennifer Que, country head of 51Talk, said English as a Foreign Language (EFL) is a new industry where Filipinos are qualified and have been the preferred teachers because they speak the language in a neutral accent.      She said Filipinos are also tech-savvy, naturally happy, and have a good grasp of both the Western and Chinese cultures.      She said that in the last two years 51Talk grew by 62 percent. For now, 51Talk has 18,000 home-based Filipino teachers, some 2,000 of whom are based in Davao City.      An online teacher can earn as much as PHP80,000 depending on the tenure. The more bookings mean more earnings and more rewards, Que said.      “If you do well, the student will book you again and even recommend you to friends,” Que said during the press conference at the Waterfront Insular Hotel on Thursday.      51Talk, which is listed in the New York Stock Exchange (NYSE) as the first Chinese online platform and the leading online English platform in the People’s Republic in China, has been in the Philippines since 2011.      Que said 51Talk is gearing towards professionalizing the industry, adding that 51Talk prefers applicants with education-related courses, friendly, hospitable, and with maternal disposition “because they deal with children.”      She said classes start from 7 p.m. to 10 p.m. because it is the time when children go online.      “Student traffic happens in the evening and weekends,” Que said, adding 51Talk also offers training for the teachers as part of their development. (PNA)

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Security Bank Wins Big at The Asset Benchmark Research Awards

December 21, 2017

Money Matters

By: , Since 2014, Security Bank Corporation has been consistent in winning this distinction, recognizingits potential for investors in the region. Security Bank Corporation (PSE: SECB) recently bagged three accolades from the prestigious Asset Benchmark Research Awards at the Conrad Centennial Hotel in Singapore. Lauded by local and regional financial institutions, Security Bank was recognized as “Top Bank for Government Bonds”, “Top Bank for Corporate Bonds” and “Top Investment House in the Philippines by the said body. The Asset uses the Asian Local Currency Bond Benchmark Review in determining the winners of the said award. The review is conducted annually with respondents from various investors in Asia using different methods to give subscribers detailed, actionable results. “We are deeply humbled by the awards we have received from The Asset. These achievements further inspire us to continue providing the best in market banking services that we offer to our loyal investors and banking clients,” says Security Bank Corporation President & CEO Alfonso Salcedo, Jr. “Fulfilling our BetterBanking promise, these awards prove that Security Bank is one of Asia’s most competitive banks in the region,” he concludes. Security Bank officers were also recognized on the same awards night: Ramon M. Arriola, Jr., Dino Aquino and Nicolo Cruz were recognized as Most Astute Investors; Carlyn Dulay and Angeline Sia-Uy were lauded for being Best Individuals in Sales while Rossanna Refuerzo was awarded as the Best Individual in Trading. More than 300 industrial fixed income investors across 11 Asian markets were surveyed to rate the best banks or securities companies using a strict criteria. Security Bank was deemed as one of the best banks and financial service institutions by investors. The Asset Benchmark Research Awards has produced peer-generated rankings of best individuals and most astute investors in Asian local currency and Asian G3 bonds for more than a decade. The Asset only awards the best financial institutions that vetted premium financial services to its investors.

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PH exports expand by 11%

December 18, 2017

Money Matters

By: , The Department of Trade and Industry through its Export Marketing Bureau sees solid growth for Philippine merchandise exports this year as it continues to expand by 11.68% with total sales of $53.11 billion for the period January-October 2017 compared to the same period last year with total $47.55 billion of export sales. For ten straight months, the value of merchandise exports in the review period was shared almost evenly by electronics and non-electronics at 50.78% and 49.22%, respectively. In a preliminary report from the Philippine Statistics Authority (PSA), Year-On-Year (YOY) growth for October 2017 showed the country’s total export sales increased by 6.6% from $5.04 billion last year to $5.37 billion this year supported by the double-digit growths of six out of top ten major Philippine exports including fresh bananas.   Six gainers for October 2017 exports sales include gold (297%), electronic equipment and parts (43.3%), metal components (21.9%), fresh bananas (20.8%), other mineral products (19.6%), and electronic products (13.8%). Receipts for top ten major exports for October 2017 reached $4.25 billion with a total share of 79.2% of the total export receipts. Electronic products led the top ten commodities with total export sales of $2.86 billion, accounting for 53.2% of the total exports revenue for the month of October 2017. “Export sector is a big employment generator and we welcome these positive developments as this will translate to more job opportunities,” said DTI Undersecretary for Trade and Investments Promotion Group Nora K. Terrado. Japan remains as the top export destination for October 2017 with total exports receipt of $871.36 million and a share of 16.2% in total exports. “Japan is a significant trading partner for the Philippines. We are maximizing good relations that we have with them by introducing and increasing awareness of various design-driven products and services that we can export. We are also seeking new markets while we continue to expand our exports to existing trading partners. DTI continues to apply new approaches and strategies based on trends and changing consumer landscape,” explained Terrado. Meanwhile, the leading destination of PH merchandise exports for the first ten months of the year was still the combined markets of PROC (China) and HK SAR (Hong Kong). Shipments to this combined markets, with a share of 24.31%, increased by 22.10% in value. By regional bloc, East Asia remains the top regional export destination for Philippine merchandise exports comprising for 51% share in total exports sales while ASEAN ranked second with 16% share for the month of October 2017. Exports to European Union remain rosy with total sales of $677.94, an increase from $549.20 million in October 2016. Recently, DTI unveiled the Inclusive Innovation Industrial Strategy or i3s that aims to grow and develop globally competitive and innovative industries. With this, DTI aims to increase production capacity of the country’s industries as well as introduce and develop innovative and creative products and services viable for exports.

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Advance release of the 5-Piso new generation currency coins

December 1, 2017

Money Matters

By: , The Bangko Sentral ng Pilipinas (BSP) today announced that of the New Generation Currency (NGC) Coin Series, it will release in advance of the other denominations, the 5-piso NGC legal tender coin for circulation, starting December 2017. The 5-piso NGC coin features on the obverse, Gat. Andres Bonifacio. The BSP’s advance release of the 5-piso NGC coin highlights the 120th death anniversary of the Filipino patriot this year and his 154th birthday on November 30. Widely regarded as one of the Philippines’ greatest heroes, Bonifacio was a fearless leader who founded the Katipunan, the secret society that ignited the flames of the revolution which finally led to the declaration of Philippine independence in 1898. Bonifacio died on 10 May 1897. Thus, considered as the Father of the Philippine revolution, Bonifacio’s portrait is etched on the obverse of the coin, along with the markings, “ANDRES BONIFACIO”, “5-PISO” and “REPUBLIKA NG PILIPINAS” in bold font and in microprints, and the mint mark. The reverse side, meanwhile, features the Tayabak, a Philippine endemic plant that climbs tall forest trees, the BSP logo and “Bangko Sentral ng Pilipinas” in microprint. The 5-piso NGC coin is 25-millimeters in diameter and weighs approximately 7.4 grams. The NGC Coin Series adopts the latest technology in minting coins. The security features of the NGC Coin Series are enhanced to deter counterfeiting, improve wear and corrosion resistance capabilities, saves the BSP minting costs, avoids risks arising from unexpected volatile swings in metal prices, and also deters the illegal hoarding of coins for melting and shipment to other countries. Coins in the NGC Series will feature the BSP logo, national heroes and endemic flora, consistent with the design of the NGC Banknote Series, launched in 2010, which also highlights Philippine fauna. The rest of the denominations of the NGC Coin Series will be released by the BSP for circulation in January 2018.

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DTI chief promotes franchising to aspiring entreps

April 1, 2019

Billboard

By: , PASAY CITY -- Department of Trade and Industry (DTI) Secretary Ramon Lopez championed franchising as a business model to future entrepreneurs at a time when the Philippines is experiencing an economic resurgence. During his keynote address at the 2019 Franchise Asia Philippines on 27 March, Sec. Lopez stated that this is the best time to do business because the country’s sustained economic growth and the growing middle class provide a wide consumer base for new products and services.      He said that franchises thrive because of their tried-and-tested business concepts and wide network of mentors and fellow franchisers. The success rate for franchising is 90%, compared to 25% for traditional retail. According to the event’s organizer, the Philippine Franchise Association, there are 2,000 local and international franchise brands in the country as of 2018. These brands have established a total of 200,000 stores and employed 1.2 million Filipinos.      DTI pioneered its own franchise with Go Lokal! with 102 stores nationwide, most of which are in high-foot traffic areas. Go Lokal! offers top-quality local products by Micro, Small, and Medium Enterprises (MSMEs).      The agency also opened its first KAPEtirya café in Baguio last 20 March to provide more market outlets for the coffee produce of Filipino farmers. The DTI-branded café will mainstream locally-sourced coffee and will soon roll out as a franchise model with inline store, kiosk, and mobile store options.

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Gotta love summer at Toy Kingdom

April 1, 2019

Billboard

By: , Toy Kingdom as it brings you the most amazing inflatables, trendy floaters and splashy pools perfect, giving us more reasons why we Gotta Love Summer. Plunge into the cool waters in style with unique and vibrant inflatables like the Flamingo Island, Mega Unicorn Island, Camel Pool float and Pop Rhino Ostrich floater. There are also trendy floaters inspired by kids’ favorite snacks; Popcorn Mat, Potato Chips Float, French Fries Float and Hamburger Island that will surely make you crave! Summer is also more fun with exciting pool parties with family and friends.  Check out this Prism Frame Oval Pool Set that is easy to assemble and comes in a huge size for the entire family to enjoy. Toy Kingdom also has other stylish swim essentials for kids; Hydro Swim Glider set and Metallic Mermaid Tail for a more fun water adventure. Keep cool in stylish inflatables and floaters at Toy Kingdom. These amazing summer treats are available at Toy Kingdom Express outlets in The SM Stores and Toy Kingdom stores in most SM Supermalls. Also visit www.toykingdom.ph and follow ToyKingdomPH at Facebook for more updates.

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The Essentials to Flawless Makeup Look From The Body Shop

April 1, 2019

Billboard

By: , The secret essentials to perfect, flawless look will always be about “matte” makeups. Introducing a new make-up must-have for blemish-prone skin. Conceal skin imperfections throughout the day with The Body Shop’s 100% vegan Matte Clay Concealer and Matte Clay Powder. The lightweight concealer is enriched with skin-clearing tea tree and leaves a breathable, yet full-coverage matte finish. For skin that looks visibly clearer, use this beauty essential alone for a fast-drying natural finish or team with Matte Clay Foundation for a lasting flawless finish look. While the Matte Clay Powder will set and mattify your concealer or liquid foundation. Both are enriched with ghassoul clay and Community Trade tea tree oil from Kenya, these 100% vegan ranges are ultra-lightweight and long-lasting, to leave skin looking clearer and help it breathe all day when you add a touch of coverage. For the cheeks use the Shimmer Waves to illuminate your face and create a sun-kissed glow. These clever compacts can be used in a number of ways for gorgeous make-up results. Swirl all the colors together for a shimmering blush or use the shades separately to highlight and contour your cheekbones. Need a little shimmer on your eyes? Pick a shade and sweep it all over your eyelid or dust the color in the inner corners of the eyes for a lovely glistening glow. Then pair it with the moisturizing Color Crush Lipsticks, with 15 dramatic new shades to choose from, you can make a vividly vampy statement while keeping lips smooth and moisturized for up to 4 hours. Enriched with sweet cherry seed oil, Community Trade beeswax from Cameroon and Community Trade marula oil from Namibia, these shades lock in moisture to love lips with a hydrating pop of bold, high-impact color. Get the perfectly flawless makeup look with the 100% vegan Matte Clay Makeup Range and to match with the Shimmer Waves and Color Crush Lipsticks to complete the look. Now available in all The Body Shop stores. The Body Shop accepts SM Advantage Card for points earning and redemption, SM and Sodexo premium pass in all The Body Shop stores nationwide.  The Body Shop was founded in 1976 by Dame Anita Roddick in Little Hampton, England. The beauty brand pioneered corporate activism and was built on a philosophy that business can be a force for good. With its brand expression, Beauty with Heart, the company continues to be focused on five core values: Against Animal Testing, Support Community Fair Trade, Activate Self Esteem, Defend Human Rights and Protect The Planet. All products are created using the finest ingredients sourced from the four corners of the globe, which are not tested on animals and are 100% vegetarian. The Body Shop has been in the Philippine market for eighteen years with over 55 strategically located stores nationwide.

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