Archive for June, 2008

Samsung to build billion-dollar chip plant in Philippines

South Korea’s Samsung Electronics is to invest one billion dollars in a “state-of-the-art” microchip manufacturing facility in the Philippines, it was reported Friday. The Manila Bulletin newspaper said the facility will be built on a 30-hectare (74-acre) site in the Clark Special Economic Zone near the former US airforce base north of Manila. Quoting unnamed [...]

CNN’s Beijing bureau chief Jaime FlorCruz to run Olympic torch relay

CNN’s Beijing bureau chief Jaime FlorCruz, his 17-year-old daughter and a corporate marketing executive will represent overseas Filipinos to carry the Olympic flames in the forth-coming torch relay of the Beijing Games, the Philippine government said Wednesday. In a report released by the Department of Foreign Affairs, Philippine Ambassador to China Sonia Cataumber Brady said [...]

First Filipino-made, double-hulled oil tanker sets sail

The first Philippines-made, double-hulled oil tanker, designed to prevent oil spills, has set sail, local reports said on Tuesday. “The ship is currently transporting bunker fuel in different parts of the country, from the Pacific Ocean to the Petron refinery in Bataan. It started last April 8. So far, the performance of M/T Matikas is [...]

Cebu Pacific Air permanently cuts domestic airfares

Cebu Pacific (CEB) announced it is reducing its domestic fares permanently by as much as 32% to encourage more people to fly amid rising fuel prices. Candice Iyog, CEB Vice President for Marketing and Product, said the new lower all-inclusive fares will take effect on 12-Jun-08. This includes the fuel and insurance surcharge, aviation security [...]

Miguel Molina Philippines Olympic flag-bearer

By ABAC CORDERO The Philippine Star Miguel Molina, the Best Male Athlete of the 2007 Southeast Asian Games in Thailand, has been designated as the flag-bearer of the Philippine contingent to this year’s Beijing Olympics. This was announced Thursday by Philippine Olympic Committee vice president and RP team chef-de-mission Monico Puentevella, who said Molina was [...]

US Ambassador Kristie Kenney wows Calbayog City, turns over $20-M projects to Samar

In an unprecedented gesture of goodwill and friendship to Calbayog City, the United States of America Ambassador to the Philippines visited Calbayog City yesterday. Kristie Kenney served as Guest of Honor during the closing ceremonies of Pacific Partnership 2008, a humanitarian mission rendered by the US Navy. In her speech, Kenney said that it was [...]

Caloy Mapua bests Indian students in national competition

By JULIE JAVELLANA-SANTOS abs-cbnNEWS.com Caloy Mapua started drawing before he could write. His mother, Beth, remembers that from the age of three, he would always be holding a pencil and a sketchbook. His favorite past-time has always been drawing. His girlfriend is even a ‘manga’ character in his sketchbook. So it was no surprise 16 [...]

3 RP wonders now in top 5 in worldwide search for ’7 Wonders of Nature’

Not only in the Top Ten but in the Top Five – what with President Gloria Macapagal-Arroyo herself leading the charge to have the country’s natural wonders get into the world’s list of modern-day Wonders of Nature. Yes – not one, not two, but three of the four Philippine entries are now in the Top [...]

ExxonMobil plans Philippines oil exploration project

United States oil giant ExxonMobil plans to conduct exploratory operations in the Sulu Sea in the Philippines, company and government officials said Friday. The company is evaluating seismic data taken from the project area, ExxonMobil Exploration Co. vice president Stephen Greenlee told reporters after calling on President Gloria Arroyo and Energy Secretary Angelo Reyes here. [...]

Fred DeAsis : First Asian artist honored by Saks Fifth Avenue

Saks Fifth Avenue, a leading high-end department store in America, honored internationally renowned Fil-Am artist Fred DeAsis by offering an Artist Reception and Cocktail party Saturday, June 7, in Highland Park, Illinois. The party was in celebration of the annual Highland Park Art Walk being held during the month of June. Fred DeAsis’ artwork titled [...]

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