Saturday, September 30, 2006

There is Hope

I know many people would be happy, despite the typhoon Milenyo that just hit the country that created so much damage, that there is good news going around. What are these?

1. I saw the replay of the GO Negosyo on TV, and I commend the efforts of the organizers. Without doubts, many Filipinos were inspired by the successes of the many entrepreneurs during that summit. I say…..a quite revolution on entrepreneurship is currently going on in the Philippines. It seemed that people got tired of being the “problems”, of blaming “somebody” of “politics.”

2. On the news: PDI. THE COUNTRY'S total foreign debt fell 3.8 percent to $53.9 billion at the end of June from $56.0 billion a year earlier, and 2.5 percent from $55.3 billion at end-March, after government and private sector borrowers made net repayments in excess of $2 billion, the central bank said.

3. On the news: PDI.THE PESO is likely to firm up at the level of 49 to the US dollar over the next six to 15 months, following the appreciation of most other Asian currencies, French investment bank Calyon says in a report.

4. On the news: PDI.This vision for the Central Philippines mega region as a tourism magnet was presented yesterday with a P20 billion budget for infrastructure projects for three airports, six seaports and 21 road projects to be completed by 2010.

5. On Samar News: CATBALOGAN, Samar – To show their concern for the people by ensuring an honest and transparent government anchored on the principle of good governance, some political leaders here launched an anti-corruption drive dubbed as the "Crusade for Samar".

6. On Samar News:An Indignation Rally was conducted Saturday by more than 5,000 residents from the affected municipalities of Baybay, Inopacan and Mahaplag. Lt. Col. Mario Lacurom, commander of the 43rd Infantry Battalion based in Sogod, Southern Leyte said that the Indignation Rally is an expression of the people’s desire to seek for justice for the residents and relatives who died in the hands of the CCP- NPA and to call for an end to the CCP-NPA’s reign of terror in the area.

7. More than P91 billion worth of infrastructure and other projects are to be implemented in Eastern Visayas region in the next three years as the government strives to make the Philippines “the next success story in Asia.”

I just wish the government would do more to curb corruption in the Philippines. I read somewhere that the governor of Samar have just been convicted of corruption charges. Things are moving in the country; although not at the phase that we all want it to be…at least it is moving.

I am optimistic of the prospects. Its my only country…kasi, hehehe.