OFW Filipino Heroes

Thursday, July 5, 2012

Forgetting the tons of Gold, Queen Sofia of Spain ended her visit to the Philippines

WHERE'S HER CROWN? A little girl asks as Queen Sofia puts her arms around two children during her visit to Zamboanga City. JULIE S. ALIPALA/INQUIRER MINDANAO

330 years Spain's unproductive control to the Philippines

The Philippines was colonized by Spain for 333 years.  Folks, that's a long long time, correct?  And that's why anyone who speaks Spanish or Portuguese gets confused why the dialect of Filipinos they can seem to understand but cannot have the hang of it– Why Philippine Nationals speaks good English than Spanish?

So, where's the English?  In 1898, Spain lost to the American colonizers and stayed to be under the United States of America for nearly 50 years.   That's like covering one or two generation's right?

While the Spaniards controlled the locals with 'divide & rule' dictum, the Americans wooed the locals with corned beef, chocolates, bubble gums, jeans and opportunities.  That fits well to the peace loving Filipinos.  That's why it was so easy for American teachers to incorporate themselves to the smart locals. 

The American governors were bent to make the Philippines their small paradise in the pacific hence those American soldiers who doesn't want to go back home, stayed on and opened various business establishments.  Country clubs were developed, business chambers were created and the style of governance was patterned after that of the United States.

The school's language of instruction was in English which the locals found easy enough to follow vs the Spanish language in more than three centuries.  Even Japan, in the few years they had the Philippines and want take it from the Americans during the World War II tried to instill to the locals the study of Nippon-go, but failed.

For 333 years Spain controlled the Philippines and shipped tons of gold of the country to the Mainland Spain. Poor infrastructure, low education, corruption, killings, slavery and other degrading acts that makes the Philippines rebellious and hates the Spain and refused to remember Spain to forget the bad nightmare in the past - but wound heals in the right time.

It could be a bit shameful for Spain who controlled the country for 333 years and been forgotten. For the sake of new business opportunity for Spain and the Philippines with the backup of culture similarities as inputed by  Spain to the Philippines for 333 years, the Spain spend a little to win the heart of the Filipinos and to gain more for possible by reciprocation with the Spain made Armaments which will cost Billions of Dollars. 

In 2011, the Spain Government Officials Delegation already visited the Philippines and offered their junks and second hand fully depreciated armed assets as AID to the country and the Philippines must pay only the salvage value of the Assets like the Class cutter of USA which the Philippines paid $10 Million US Dollars. 

Spain keeps lobbying to the Philippine Government to be their armaments buyer in line with Italy, Poland and Korea.

The recent signed contracts for armaments upgrade of the Philippines which budget reached up to $1.5 billion dollars did not include the armaments which recently introduced and  made by Spain.

The Philippines is now a shining country and the most promising country in the world with abundant of manpower pool and intelligent people, gold and mineral deposits, oil and natural gas, world famous beaches and too many to mention.

The Philippines is now also famous for abundant of riches and awash  with cash which on the process of modernizing the Weaponry of the Armed forces to deter invading neighbors which ready to spend Billions of Dollars, so many business to be done in the Philippines.

What is the 30 Million Euros aid of Spain to the Philippines for the tons of gold they shipped to the Spain during their 333 year rule? Spain is still even in heavy indebtedness to the Philippines for their abuses and slaveries to the Filipinos during their rule which they never paid even a dime.

Queen of Spain goodbye to the Philippines

Queen Sofia of Spain, who wraps up Friday (July 6, 2012) her five-day visit, may have inadvertently glossed over the role of the Siege of Baler in the restoration of bilateral relations between Manila and Madrid.

Unbeknownst to the queen, the warm and enthusiastic welcome accorded to her by the country since her arrival on Monday stemmed from a singular act passed by Congress in 2003—the Filipino-Spanish Friendship Act authored by Senator Edgardo J. Angara.

Neither her speech at Tuesday's state dinner nor her itinerary paid homage to the singular event that is officially celebrated in Spain for exemplifying the universal traits of valor, magnanimity and dignity even during war times between Spanish and Filipino troops called "Katipuneros."

"In her speech, she did not mention Baler's contributions to the return of normal relations between Spain and the Philippines, which was practically zero but is now growing," said Angara, who attended the state banquet held at the Rizal Ballroom in Malacañang.

Friendship with the old enemy

Republic Act No. 9187 recognizes June 30 of every year as the Philippine-Spanish Friendship Day "to mark the act of benevolence in 1899 when President Emilio Aguinaldo issued a decree stating that Spanish soldiers who survived the Siege of Baler be treated not as prisoners, but as amigos," said Angara.

"It showed the generosity of Filipinos in victory, and on the part of the Spaniards, the valor and loyalty to their flag and king," Angara said. "It was the singular act that changed the near-zero relations between Manila and Madrid … from bad to good."

At the close of the Philippine revolutionary war against Spain in 1898, 54 Spaniards—49 soldiers, three officers, one medical officer and a parish priest—barricaded themselves inside the Church of San Luis de Tolosa in Baler, Aurora.

They holed up in the church, refusing to surrender until June 2, 1899, or after 337 days.

During the yearlong siege, Filipino troops allowed carabaos (water buffalos) to stray into the church grounds, providing food for the famished Spanish soldiers.

When the dust settled, 35 managed to survive, including the six who deserted. Five died from gunshot wounds, while 14 died from beriberi and dysentery.

When the surviving Spaniards emerged from the church, they received cheers of "Amigos, amigos!" from the Katipuneros and natives of Baler.

Forgiving Enemies

President Aguinaldo's declaration on June 30, 1899, stating that the survivors of the Siege of Baler shall be treated as friends, not as prisoners, guaranteed their safe travel back home.

"The siege embodies courage, honor, compassion and charity, the same spirit that fuels the Philippine-Spanish Friendship Day," Angara said, recalling that the Spanish movie "Los Ultimos de Filipinas" was based on the siege.

The movie raised the morale of the Spanish people during the time of dictator Francisco Franco, when war-torn Spain became impoverished in the aftermath of World War II.

The movie also popularized the classic song "Yo te dire," comparable to "Dahil sa Iyo (Because of You)."

RA 9187 resulted in increased Spanish official development assistance (ODA) to the Philippines, investments and tourist arrivals. Spain's ODA to the Philippines amounted to 28.9 million euros ($36.58 million) in 2011.

For the latest visit of Queen Sofia—her fifth trip to the Philippines since 1995—she toured Manila, Albay province and Zamboanga City, where she inspected schools, hospitals and museums that have received funding from Spain.

'Where's her crown?'

In Zamboanga City Thursday (July 5, 2012), the queen visited the Kalinaw Urban Poor Community in Sinunuc village. Wearing a printed blouse and light brown slacks, she casually walked to the multipurpose hall where she was met by two toddlers who offered her a bouquet of flowers.

"Is that the queen?" Jenny Azurin, 8, asked her mother, Geraldine, 39, who nodded. "Where's her crown? Why isn't she wearing a gown?" the child asked after the queen smiled at her and briefly touched her face.

Clara Pardo, who handles the Asia-based projects of the Spanish aid group Manos Unidas, said the visitor saw projects her foundation had helped build.

"She likes to see where the money went and was spent and she is very committed to development projects," Pardo told the Inquirer.

"Queen Sofia also wants to meet and interact with children and women because she is always very worried about the situation of the children in the world," she said.

Fr. Angel Calvo, a Claretian missionary who heads Zamboanga-Basilan Integrated Development Alliance Inc., said Spain had been helping Zabida for 13 years now and had so far poured in about 5 million euros to the group's education, livelihood and shelter projects.

Calvo said Queen Sofia was to visit urban poor communities but security precautions cut short her itinerary. A scheduled visit to an orphanage, Akay Kalinga, was canceled.

Wednesday, July 4, 2012

Malaysia Shocked Philippines Pledge $1 Billion Dollars to IMF to help European Crisis

In the opinion posted by the NewStraitsTimes a Malaysian online news website, it really surprised that the Philippines is now afford to pledge $1 Billion USD Dollar to the IMF to help the European crisis.

AT the recent G20 Leaders' Summit in Los Cabos, Mexico, 12 countries committed US$456 billion (RM1.4 trillion) funds to beef up the International Monetary Fund's facility to address the financial crises, notably the sovereign debt and banking debacles in Europe.

Three of the 12 contributors were ASEAN member countries at US$1 billion each, namely Malaysia, Thailand and the Philippines. Philippines pledge right then and ahead of Malaysia and Thailand.

Somewhat challenging to Malaysia as the Philippines without any doubts pledged for $1 Billion dollars and later 2 countries followed namely; Malaysia and Thailand

What? The Philippines? 

(It is like saying oh? this beggar could afford now to pledge that much $1 Billies USD Dollars? how comes?)

"It is our obligation to assist those nations who require funding from the IMF. This would also help in stabilising the crisis that is going on in Europe," a spokesman of Philippine President Benigno S. Aquino III affirmed.

These developments surprised many, as the country used to be a net borrower as far as its membership was concerned. In 2006, however, the country prepaid all its outstanding debts with the IMF, given its much-improved external liquidity position. It then achieved its new status by participating in the Financial Transaction Plan as a creditor country in 2010.

The country can afford to lend as it has some US$76 billion in gross international reserves (GIR) at present, thanks in no small measure to the Aquino administration's no-nonsense good governance thrust that attracted foreign investors back to the Philippines.

With strong gross domestic product (GDP) growth sustained through the years -- and a surprising 6.4 per cent growth for the first three months of the year -- global financial institutions have certainly noticed. Morgan Stanley recently listed the Philippines as one of the "breakout nations", and Goldman Sachs' proclaimed it among the "Next 11" countries. In a May 3 article aptly titled "The Philippines astounds the skeptics", Bloomberg Businessweek cited the great strides that resulted from governance reforms and infrastructure developments. For those who can wait it out, there is the HSBC's forecast that the Philippines will be the 16th biggest economy in 2050. But that's getting too far ahead of our story.

In my and others' views, a realistic barometer of the vigour of the economy is that there are less young Filipinos looking for jobs overseas because of available good ones at home, notably in the business process outsourcing (BPO) and related sectors. These companies, which handle customer support, technical problems and other tasks for overseas clients, now provide employment to some 638,000 people and took in US$11 billion last year, about five per cent of the country's GDP. This makes the Philippine BPO voice-related services, in particular, the biggest in the world, even ahead of India.

Our region is looking forward to the establishment of an Asean Community by 2015, with deeper integration of national economies at its core. It would do well to have more business companies within the region collaborating for mutual benefit.

There has been a substantial Malaysian business presence in the Philippines since the 90s, with the likes of Maybank, Berjaya and other companies.

In fact, there has been a surge recently in two-way investments. AlloyMTD Group, which rehabilitated the South Luzon Expressway, is constructing nine mini-hydroelectric dams in northern Luzon and a government offices complex in Laguna province. CIMB Bank bought into the Philippine Bank of Commerce, with investments reaching some RM1 billion.  After profitably operating the Resorts World Manila hotel-casino across Manila's international airport, Genting is investing in a second casino complex by the famed Manila Bay to be completed in 2016, in the new "Entertainment City", which aims to rival Macau.

Investment flows being by nature two-way, Petron Corporation recently completed its purchase of the retail services business of Esso Malaysia Bhd, with investments worth at least US$610 million.

Business opportunities in the two countries were the focus of an investment forum in Kuala Lumpur last May, which was attended by some 300 businessmen and women. Present were Philippine Vice-President Jejomar Binay, who led a delegation of 24 leading Filipino businessmen and officials from the Philippine Chamber of Commerce and Industry.

Right after meeting Binay, Prime Minister Datuk Seri Najib Razak tweeted: "Fruitful discussions that will hopefully strengthen socio-economic ties." This is a sign that Philippines-Malaysia relations have nowhere to go but up.

Sectors for productive collaboration were highlighted by both the Philippine Department of Trade and Industry and the Malaysian External Trade Development Corporation (Matrade), notably tourism infrastructure, agro-business, mass housing, energy/electricity, logistics, Islamic finance, halal food and investments opportunities in the Autonomous Region of Muslim Mindanao.

What impressed those at the forum were the two messages delivered by Malaysian investors already doing business in the Philippines.

First, the Philippine has a large consumer market of 94 million people, the largest in Southeast Asia after Indonesia, which cannot be taken for granted.

"The Philippine has all the ingredients for success. We want to invest in a country with the right population so that there is a big consumer base. The Philippines is a big customer base," said Berjaya Corporation founder Tan Sri Vincent Tan.

Second, despite its occasional noisy internal politics, business has remained profitable through the years, AlloyMTD Group CEO and Malaysia-Philippine Business Council pro-tempore chair Datuk Azmil Khalil stated. (Well, it isn't the Philippines if the politics is any less exciting). It also helps to consider the other factors that make the country a preferred investment destination with the following points as the Philippines in the NOW:

  1. THE best global BPO destination;
  2. A TOP global electronics assembly hub;
  3. THE world's fourth largest shipbuilder;
  4. THE world's next mining power;
  5. ASIA'S trusted logistics support center;
  6. ABUNDANT managerial talents,
  7. HIGHLY skilled, reliable, English-speaking workforce
  8. LIBERALIZED investment and incentives policies, and,
  9. IT is home to Boracay, Palawan, and some of the best beaches and diving spots in the world, for those serious at both work and play.

The Philippines has its fiscal house in order and is now a lender nation. It is vigorously reaching out to its neighbors and strengthening relations with them. Truly, exciting times are ahead; it added.

LEARN FOREX TRADING AND GET RICH

Investment Recommendation: Bitcoin Investments

Live trading with Bitcoin through ETORO Trading platform would allow you to grow your $100 to $1,000 Dollars or more in just a day. Just learn how to trade and enjoy the windfall of profits. Take note, Bitcoin is more expensive than Gold now.


Where to buy Bitcoins?

For Philippine customers: You could buy Bitcoin Online at Coins.ph
For outside the Philippines customers  may buy Bitcoins online at Coinbase.com