The Philippines has overtaken Thailand and Vietnam as the investment destination of choice in Asia among Japanese companies diversifying beyond China, a ranking official of the Japan External Trade Organization (Jetro) told The STAR.
Global News Briefs
An estimated 1.5 million Filipinos classified as temporary workers in the Middle East are likely to be the first to be displaced if the region’s oil industry starts to shed personnel idled by overcapacity, according to Labor Secretary Rosalinda Baldoz, Inquirer.net reported.
Filipinos were the most optimistic consumers in Southeast Asia and therefore the most willing spenders in the region toward the close of 2015, survey results from the Nielsen research firm indicated, reports Inquirer.net.
Rear Adm. Raquel C. Bono was nominated by the Obama administration for promotion to vice admiral of the US Navy and as director of the Defense Health Agency (DHA), as announced by Defense Secretary Ash Carter on Friday, January 29, 2016.
If confirmed, Bono will be the highest ranking Filipino American naval officer in the U.S. She is the granddaughter of a Filipino World War II veteran.
Bono and her brother, Rear Adm. Anatolio B. Cruz III, now retired, made history a few years ago for being the first and only siblings of Filipino descent to be flag officers of the US Navy simultaneously, the DHA website reported.
The son of a Salvadoran maintenance worker and a Filipina nurse got a perfect score on his Advanced Placement Calculus exam, one of only 12 (out of 302,531!) in the entire world to do so. Cedrick Argueta, a 17-year-old senior, has become a celebrity at Abraham Lincoln High School, a school of a little over 1,000 students in the Latino neighborhood Lincoln Heights in Los Angeles, reports NBC News.
The Philippine economy likely expanded by less than the 6-percent “realistic” growth rate predicted for last year, mainly due to weak exports, according to economists polled by the Inquirer last week. The domestic economy expanded by an average of 5.6 percent during the first three quarters of last year.
Babylyn Decena-Newfield is a mother of four kids and has four grandchildren but hardly looks the part. Newfield, a 48-year-old widow, returned home on Sunday afternoon, Jan. 24 after a successful stint in the Bulgaria-based Mrs. Grandma Universal 2016 pageant held last week, reports Inquirer.net.