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GAZETTE VOLUME XLII, NUMBER 4 October - December 2011 ISSN No
The University of the Philippines GAZETTE VOLUME XLII, NUMBER 4 October - December 2011 ISSN No. 0115-7450 CONTENTS DECISIONS OF THE BOARD OF REGENTS 1274TH MEETING, 27 OCTOBER 2011 MATTERS ARISING FROM THE PREVIOUS MEETINGS OF THE BOARD Page On the Appeal to the Honorable Board of Regents of the Decision of the Offi ce of the President on the case of DEAN JUAN AMOR PALAFOX (ADT CASE NO. UPD-2004-009) 1 On the NOTICE OF APPEAL to the Honorable Board of Regents by Respondents-Appellants Dean ENRIQUE M. AVILA and Prof. ERNESTO P. PINEDA on the Decision of the Offi ce of the President on ADT Case No. UP Cebu 2011-001 for Gross Negligence, Grave Misconduct, and Gross Neglect of Duty 1 On the MOTION TO INHIBIT by Respondents-Appellants Dean ENRIQUE M. AVILA and Prof. ERNESTO P. PINEDA in ADT Case No. UP Cebu 2011-001 for Gross Negligence, Grave Misconduct, and Gross Neglect of Duty, Asking President Alfredo E. Pascual to Refrain from Sitting as Presiding Offi cer in Deliberations, Discussions and/or Voting before the Board of Regents in Relation to the Case 1 On the NOTICE OF APPEAL to the Honorable Board of Regents by Respondent-Appellant SHARIF ALSIDRY on the Decision of the Offi ce of the President on ADT Case No. UP Cebu 2011-001 for Gross Negligence, Grave Misconduct, and Gross Neglect of Duty 1 On the Report of the Reconstituted Administrative Disciplinary Tribunal on the case of MR. FLORENDO SAMBRANO, UP Los Baños 1 REPORTS FOR INFORMATION OF THE BOARD A. -
The London School of Economics and Political Science Hegemony
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by LSE Theses Online The London School of Economics and Political Science Hegemony, Transformism and Anti-Politics: Community-Driven Development Programmes at the World Bank Emmanuelle Poncin A thesis submitted to the Department of Government of the London School of Economics for the degree of Doctor of Philosophy. London, June 2012. 1 Declaration I certify that the thesis I have presented for examination for the MPhil/PhD degree of the London School of Economics and Political Science is solely my own work other than where I have clearly indicated that it is the work of others (in which case the extent of any work carried out jointly by me and any other person is clearly identified in it). The copyright of this thesis rests with the author. Quotation from it is permitted, provided that full acknowledgement is made. This thesis may not be reproduced without my prior written consent. I warrant that this authorisation does not, to the best of my belief, infringe the rights of any third party. I declare that my thesis consists of 99,559 words. Statement of use of third party for editorial help I can confirm that my thesis was copy edited for conventions of language, spelling and grammar by Patrick Murphy and Madeleine Poncin. 2 Abstract This thesis scrutinises the emergence, expansion, operations and effects of community-driven development (CDD) programmes, referring to the most popular and ambitious form of local, participatory development promoted by the World Bank. -
Regional Financial Disparity in India: Can It Be Measured?
Journal of Institutional Economics (2021), 17, 836–860 doi:10.1017/S1744137421000291 RESEARCH ARTICLE Regional financial disparity in India: can it be measured? Rashmi U. Arora* and P. B. Anand Faculty of Management, Law & Social Sciences, University of Bradford, Bradford, UK *Corresponding author. Email: [email protected] (Received 25 November 2019; revised 7 April 2021; accepted 8 April 2021) Abstract In this study, we examine disparities in financial development at the regional level in India. The major research questions of the study are: how do we measure the level of financial development at the sub- national level? How unequal is financial development across the states? Does it vary by ownership of financial institutions? To explore these research questions, our study develops a composite banking devel- opment index at the sub-national level for three different bank groups – public, private and foreign for 25 Indian states covering 1996–2015. Our findings suggest that despite reforms, banking development is sig- nificantly higher in the leading high income and more developed regions compared to lagging ones. Furthermore, we find that all bank groups including public banks are concentrated more in the developed regions. Overall, over the years the position of top three and bottom three states in the aggregate banking index have remained unchanged reflecting lop-sidedness of regional development. We also note improve- ment in the ranking of some north-eastern states during the period 2009–15. Key words: Banking development index; financial development; financial inclusion; India JEL codes: D63; G21; O16; O53 1. Introduction Recent discussions on inequality have focused on increasing global income and wealth inequality between individuals, inequality between countries and inequality among different population groups within a country (Atkinson, 2015; Pickety, 2014; Stiglitz, 2013, 2015). -
Sustainable Environment Protection Project for Panglao in Philippines
REPUBLIC OF THE PHILIPPINES THE PROVINCIAL GOVERNMENT OF BOHOL SUSTAINABLE ENVIRONMENT PROTECTION PROJECT FOR PANGLAO IN PHILIPPINES PROJECT COMPLETION REPORT NOVEMBER 2015 JAPAN INTERNATIONAL COOPERATION AGENCY NIPPON KOEI CO., LTD. 1R NJS CONSULTANTS CO., LTD. JR 15-051 REPUBLIC OF THE PHILIPPINES THE PROVINCIAL GOVERNMENT OF BOHOL SUSTAINABLE ENVIRONMENT PROTECTION PROJECT FOR PANGLAO IN PHILIPPINES PROJECT COMPLETION REPORT NOVEMBER 2015 JAPAN INTERNATIONAL COOPERATION AGENCY NIPPON KOEI CO., LTD. NJS CONSULTANTS CO., LTD. EXCHANGE RATE (As of September 2015) US Dollar (US$) 1.00 = Philippines Peso (PHP) 46.65 Philippines Peso (PHP) 1.00 = Japanese Yen (¥) 2.611 ccLocation Map Sustainable Environment Protection Project for Panglao Project Completion Report Sustainable Environment Protection Project for Panglao Project Completion Report Table of Contents Location Map List of Tables ………………………………………………………………………………………......iv List of Figures …………………………………………………………………………………………..v List of Abbreviations… . ……………………………………………………………………………..…vi 1. OUTLINE OF THE PROJECT ....................................................................................................... 1 1.1. Background of the Project ................................................................................................ 1 1.2. Structure of the Project ..................................................................................................... 1 1.3. Project Area ..................................................................................................................... -
Shipyard Owners Occupying Land for Free, Says Consolacion Mayor
“Radiating positivity, creating connectivity” CEBU BUSINESS Room 310-A, 3rd floor WDC Bldg. Osmeña Blvd., Cebu City You may visit Cebu Business Week WEEK Facebook page. July 12 - 18, 2021 Volume 3, Series 95 www.cebubusinessweek.com 12 PAGES P15.00 RECLAMATION TO PUSH THROUGH Shipyard owners occupying land for free, says Consolacion mayor CONSOLACION, Cebu five people and who occupied By: ELIAS O. BAQUERO ments to the public because They only think of them- Mayor Joaness “Joyjoy” the area for about 50 years or they know they have no rea- selves. They’ve used the area Alegado said that those more. The shipyard is a small (DENR),” Alegado said. son to stay in that area as for 50 years. Now, the people who want to stop the town’s operation to repair vessels. “The people of Consola- their tenurial agreement should be the ones to develop 285-hectare reclamation There is no other economic cion in particular and all the with DENR has expired and and expand it,” Alegado said. project are those who occu- growth or development, em- Cebuanos in general must the people should use and He said he wished that pied the lands free of rental ploying only a few persons know that these few shipyard benefit from it now,” Alegado his dream will come true like for 50 years with little contri- who are not even from Con- owners have no more right added. this reclamation project so bution to the nation. solacion. to operate in Tayud because He said he is fighting more people can benefit from Alegado said that the “This is now high time their tenurial agreement with against the rich and influen- the town’s growth. -
Digital Banking New Horizons in a Cash-Light India Financial Foresights Editorial Team Contents Jyoti Vij [email protected] 1
Financial Foresights April 2017 Digital Banking New horizons in a cash-light India Financial Foresights Editorial Team Contents Jyoti Vij [email protected] 1. PREFACE . 2 Anshuman Khanna 2. INDUSTRY INSIGHTS . 3 [email protected] n Digital Banking - Transforming India ? . 5 Bhaskar Som Supriya Bagrawat Country Head [email protected] India Ratings & Research Advisory Services n Digital Banking & Technologies of Tomorrow . 8 Amit Kumar Tripathi Rajiv Anand [email protected] Executive Director & Head – Retail Banking Axis Bank n Digital Banking - An Indian Perspective. 12 Raghavendra Bhat M. About FICCI General Manager Karnataka Bank FICCI is the voice of India's n Making Banking More Human . 15 business and industry. K P Sunny General Manager, Digital Banking, Strategic Initiative & Optimization Established in 1927, it is Federal Bank India's oldest and largest n Digital Banking in India . 18 apex business organization. Prasanna Lohar Head Technology – Innovation & Architecture FICCI is in the forefront in DCB Bank Limited articulating the views and n ‘SMART Digital Banking Platforms’ for Enriched Customer Experience and concerns of industry. It Growth . 24 services its members from the Murali Mahalingam Industry Director, Banking & FS Indian private and public SAP corporate sectors and n Digital Banking - New Horizons in a Cash-light India . 28 multinational companies, AKS Namboodiri General Manager IT & IRMD drawing its strength from Dhanlaxmi Bank Limited diverse regional chambers of n Smart Apps & Bots – The New Face of Indian Banking . 31 commerce and industry Shantanu Sengupta Managing Director & Head - Consumer Banking Group across states, reaching out to DBS Bank India over 2,50,0000 companies. -
Here's to Love MOMENTUM and Brings to Bohol, Bamboo, By: Raul Gatal the Country’S Prince of Rock on February 17, 2017
5 REASONS WHY YOU SHOULD GET LIVEFEST 2017 TICKETS NOW! By: Deejay Arro FEBRUARY 12, 2017 | YEAR 11 Issue No. 603 In celebration of Holy Name University’s HNU Days this year, the Central Student Government will be hosting LIVEFEST 2017: Here's to Love MOMENTUM and brings to Bohol, Bamboo, By: Raul Gatal the country’s Prince of Rock on February 17, 2017. Married couples, engaged pairs, sweethearts or summer lovers who come in all sizes and shapes, a The LIVEFEST stage has been graced by some couple of winks from today, will be celebrating a of the country’s hottest bands and recording very special day. artists such as Parokya ni Edgar in 2014 and Rivermaya in 2015. Quiet intimate dinners, red roses and chocolates take the spotlight at this time of the year as we celebrate Valentine’s Day a couple of days from now but did you I know it’s pumping you up already but let know that the origin of this holiday for the hearts isn’t me just give you five — yes, at least five — even remotely romantic? reasons why you should get your LIVEFEST 2017: MOMENTUM tickets NOW! St. Valentine for whom this February fete is dedicated to was the Roman priest who believed in marriage and commitment and who encouraged young couples to 1. It is a post-Valentine/ post-exam treat. marry within the Christian church. And this was contrary to the edict of Emperor Claudius who prohibited the Want to extend Valentine’s Day? Or you just marriage of young people. -
What Is Merchant Banking?
MERCHANT BANKING DEFINITION WHAT IS MERCHANT BANKING? A bank that specializes not in lending out its own funds, but in providing various financial services such as accepting bills arising out of trade, underwriting new issues, and providing advice on acquisitions, mergers, foreign exchange, portfolio management, etc. Known as ³accepting and issuing houses´ in the U.K. and ³investment banks´ in the U.S. EVOLUTION IN WORLD Italian states, Middle Ages Later, the center for merchant banking shifted from the Italian states to Amsterdam London, eighteenth century By the end of the eighteenth century, however, the British merchant houses had increased in size and sophistication and began specializing in trade, marketing, or finance. IN INDIA In India the merchant banking business started in 1967, when Grindlays bank established their merchant banking division 1970, Citibank 1972, State Bank of India Many other banks like Central bank, Syndicate bank, Bank of Baroda followed after it. Among development banks: - ICICI, 1973 - IFCI, 1986 - IDBI,1991 FUNCTIONS MANAGEMENT OF DEBT & EQUITY OFFERINGS UNDERWRITING DE IDING T E APITAL STRU TURE ORPORATE ADVISORY PORTFOLIO MANAGEMENT LOAN SYNDI ATION OFF S ORE FINAN ING MANAGEMENT OF DEBT & EQUITY OFFERINGS Assists the companies in raising funds from the market Instrument designing Pricing the issue Registration of the offer document Underwriting support Marketing of the issue Listing on stock exchanges. UNDERWRITING The procedure by which an underwriter brings a new security issue to the investing public in an offering. In such a case, the underwriter will guarantee a certain price for a certain number of securities to the party that is issuing the security (in exchange for a fee). -
Opinion and Order Mufg Union Bank, N.A
Case 1:19-cv-10023-KPF Document 215 Filed 10/16/20 Page 1 of 68 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK PETROLEOS DE VENEZUELA S.A.; PDVSA PETROLEO S.A.; and PDV HOLDING, INC., Plaintiffs, 19 Civ. 10023 (KPF) -v.- OPINION AND ORDER MUFG UNION BANK, N.A. and GLAS AMERICAS LLC, Defendants. KATHERINE POLK FAILLA, District Judge: Before the Court is a weighty question with a convoluted answer: Can Venezuela’s state oil company unburden itself of its contractual obligations, pursuant to a transaction consummated four years ago, by dint of foreign law or sovereign act? The question arises from a bond swap transaction (the “Exchange Offer”) that occurred in October 2016. Plaintiff Petróleos de Venezuela, S.A. (“PDVSA”), with the guaranty of Plaintiff PDVSA Petróleo, S.A. (“PDVSA Petróleo”), had previously issued two sets of bonds that were scheduled to come due in April and November of 2017 (the “2017 Notes”), with an aggregate principal amount of $9,150,000,000. However, in the years following the issuance of the 2017 Notes, the Venezuelan oil market had become volatile, and by September 2016 it seemed unlikely that PDVSA would be able to pay the significant obligations that would be due the following year. In an effort to forestall a potential default on the 2017 Notes, PDVSA engineered the Exchange Offer, by which it would swap the 2017 Notes for bonds scheduled to come due in 2020 (the “2020 Notes”). Controversially, the Case 1:19-cv-10023-KPF Document 215 Filed 10/16/20 Page 2 of 68 2020 Notes were secured by a pledge of 50.1% of the equity in CITGO Holding (“CITGO”), which was pledged by PDV Holding, Inc. -
International Capital Market Offerings Status As on : 31/08/2021
INTERNATIONAL CAPITAL MARKET OFFERINGS STATUS AS ON : 31/08/2021 OFFERS COMPLETED (1.4.1992 ONWARDS) SL. COMPANY INSTR. ISSUE AMOUNT AMOUNT BOOK-RUNNING LEAD MANAGERS LISTING AT NO. DATE US$M (Rs.lacs) EQUITY 1 RELIANCE INDUSTRIES LTD. GDS 27/05/1992 150.42 43351.04 MORGAN STANLEY INTERNATIONAL LUXEMBOURG, NASDAQ LEHMAN BROS.INTERNATIONAL (EUROPE) LTD. 2 GRASIM INDUSTRIES LTD. GDS 25/11/1992 90.00 25650.00 CITICORP INVESTMENT BANK LTD. LUXEMBOURG, NASDAQ 3 HINDALCO INDUSTRIES LTD. GDR-W 22/07/1993 72.02 22758.32 ROBERT FLEMING & CO. LUXEMBOURG 4 SOUTHERN PETROCHEMICAL INDUSTRIES CORP.LTD. GDR 29/09/1993 74.75 23568.68 JAMES CAPEL & CO. LUXEMBOURG 5 ITC LTD. GDR-W 14/10/1993 68.85 21708.40 MERRILL LYNCH INTERNATIONAL LTD. LUXEMBOURG 6 BOMBAY DYEING & MANUFACTURING CO.LTD.,THE GDR-W 16/11/1993 50.00 15686.85 CREDIT SUISSE FIRST BOSTON LUXEMBOURG 7 MAHINDRA & MAHINDRA LTD. GDR 30/11/1993 74.75 23452.81 PARIBAS CAPITAL MARKETS LUXEMBOURG 8 INDO GULF FERTILISERS & CHEMICALS CORP.LTD. GDR 18/01/1994 100.00 31440.00 BARCLAYS DE ZOETE WEDD SECURITIES LTD. LUXEMBOURG 9 INDIAN RAYON & INDUSTRIES LTD. GDR 25/01/1994 125.00 39300.00 KLEINWORT BENSON SECURITIES LTD. LUXEMBOURG 10 VIDEOCON INTERNATIONAL LTD. GDR 26/01/1994 90.00 28296.00 JARDINE FLEMING INTERNATIONAL LTD. LUXEMBOURG MERRILL LYNCH INTERNATIONAL LTD. 11 ARVIND MILLS LTD.,THE GDR 03/02/1994 125.00 39300.00 GOLDMAN SACHS (ASIA) LTD. LUXEMBOURG 12 RELIANCE INDUSTRIES LTD. GDS 15/02/1994 300.00 94320.00 MORGAN STANLEY & CO. LUXEMBOURG 13 GREAT EASTERN SHIPPING CO.LTD.,THE GDR 17/02/1994 100.00 31370.00 JARDINE FLEMING INTERNATIONAL LTD. -
2019 Annual Report
ANZ 2019 ANNUAL REPORT Our success depends on improving the financial wellbeing of our customers For personal use only COVER STORY Supporting drought affected communities in rural Australia Brian and Heather Coxon established BJ & HD Coxon Oyster Farmers in 1985 – a time when stocks were plentiful and business was booming. Since that time, the business has faced some difficult times. An ANZ customer for 10 years, Brian has appreciated the bank’s Brian recently found himself seeking the assistance of one of support through those times. “During the algae bloom in 2010 those agencies, reaching out to the Rural Financial Counselling I went to ANZ and pleaded relief. We did not know when things Services (Southern NSW). The service, which is free, supports would pick up. I am grateful for ANZ sticking with us through rural businesses through ongoing drought, poor production or that time”. anything else affecting their business and their life. Fast forward to 2019 and Brian’s business is once again facing “When you’re doing it tough it’s all too hard, and the state you difficulties, this time as a result of the drought impacting much are in does not always lead to rational decisions,” says Brian. “The of Australia. financial counsellor looks at you as a person, as well as a business.” “Oyster farming needs fresh water,” says Brian. “Famine on the land Brian looks forward to building up the business again, but he means famine in the sea. The oysters have poor growth, it’s difficult doubts things will ever be as good as they were in 1985. -
Annual Report 2013-2014
Annual Report 2013-2014 Participatory Research, Organization of Communities and Education Towards Struggle for Self- Reliance (PROCESS)-Bohol, Inc. Purok 5, Esabo Road, Tiptip District, Tagbilaran City 6300 Bohol, Philippines Tel. Nos. (038) 416-0067, (038) 510-8255 Email: [email protected] Webpage: http://www.processbohol.org Participatory Research, Organization of Communities and Education towards Struggle for Self-Reliance (PROCESS)-Bohol, Inc. Purok 5, Esabo Road, Tiptip District, TagbilaranCity 6300 Bohol, Philippines Tel. Nos. (038) 416-0067, (038) 510-8255 Email: [email protected] Webpage: http://www.processbohol.org annual report (FY 2013-2014) INTRODUCTION The Participatory Research, Organization of Communities and Education towards Struggle for Self-reliance (PROCESS) is a non-stock, non-profit, non-government organization established on March 2, 1982 in Manila with the aim of creatively animating the formation of strong and autonomous people’s organizations and building up their capabilities for participatory and self-reliant development. Since its establishment, PROCESS has been involved in the organization and empowerment of fishing and farming communities in the upland and coastal areas of Northern Luzon, Western Visayas and Bohol. PROCESS started its operation in Bohol in March 1985 in the coastal Municipality of Tubigon. Since then, in partnership with various stakeholders, it continuously facilitated the formation and strengthening of people’s organizations and self-help groups of fisherfolk, farmers, urban poor, women and children province-wide. On March 2, 1998, PROCESS-Bohol, Inc. acquired it juridical personality as independent from its Head Office in Manila on the strength of its registration with the Securities and Exchange Commission (SEC).