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Top Ceos Bullish on the Philippine Economy in 2013

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Msgr. Gutierrez Zena Sultana Babao Ben Maynigo Our Life of Gold, Frankincense, and Amazing Future 2013 Mobile Apps Myrrh .. p 9 Revealed .. p 16 Showdown .. p 14 JanuaryJanuary 4-10, 4-10, 2013 2013 The original and first Asian Journal in America PRST STD U.S. Postage Paid Philippine Radio San Diego’s first and only Asian Filipino weekly publication and a multi-award winning newspaper! Online+Digital+Print Editions to best serve you! Permit No. 203 AM 1450 550 E. 8th St., Ste. 6, National City, San Diego County CA USA 91950 | Ph: 619.474.0588 | Fx: 619.474.0373 | Email: [email protected] | www.asianjournalusa.com Chula Vista M-F 7-8 PM CA 91910 Top CEOs bullish on the Philippine economy in 2013 Good News Pilipinas | DFA reiterates Phl sea rights MANILA, 1/3/2013 -- The by Ranier Allan Ronda, “The Philippines has The Dark Nights of Father Madrid Aquino government has Philstar. com | MANILA, exclusive sovereign rights to described 2012 as one of the Philippines, 12/30/2012 - The explore and exploit all types A Historical Novel by Dr. Ed Gamboa best years ever for the Philip- Department of Foreign Af- of resources in its continen- pines with economic growth fairs (DFA) tal shelf Inspired by a True Story .... expected to surpass the tar- yesterday within 200 geted 5 to 6 percent and the reiterated the nauti- stock market ending the year Philippines cal miles on a 38th record high, making has exclu- measured Chapter 24. Meeting with the Politburo it the second best performing sive right from the market in Asia behind Thai- to explore baselines land. and exploit in the But 2013 promises to be “all types of western even better, according to the resources” side of the CEOs of some of the coun- in the West Philippine Sea Philippine archipelago,” DFA try’s largest corporations who (South China Sea), par- spokesman Raul Hernandez are already looking forward to ticularly in areas within the said. even faster economic growth country’s 200 nautical mile t was bound to happen. Sooner rather than later. It was inevitable. It was a no brainer. and the Philippines fi nally exclusive economic zone. (Continued on page 8) He was smart, inventive, creative. He was charismatic. He worked hard, was dedicated beyond getting investment-grade Ireproach. He took on whatever tasks were assigned to him, oftentimes going beyond the call of duty. status, which is expected to And, he accomplished all his assignments well. Everyone loved George. pave the way for more foreign Anne Hathaway: I can’t investments to pour into the Eddie got the Philippine Airlines tickets, the red eye to Manila. Eddie was the contact. He was no country. compare to Lea Salonga ordinary sacristan, certainly not the clueless Sancho Panza he had appeared to be. He had been the “This year’s good econom- strategic mole, so to speak. His role before the massacre may have been unclear and behind the scenes, ic fundamentals—benign in- ABS CBN News | movie version of the musical but now he defi nitely was one of the more active and effective agents of the insurgency. MANILA, Philippines, hit “Les Miserables,” Hol- fl ation, high foreign exchange 11/13/2012 – While she was lywood actress Anne Hatha- Two years to the day of his defection, George found himself sitting in the center of the room, en- reserves and low interest preparing to sing the ballad way admitted that her singing circled by ranking members of the Central Committee of the Communist Party of the Philippines. rates—provide a good spring- “I Dreamed A Dream” for the couldn’t compare to that of Everyone knew why the erstwhile Fr. George Madrid was there. The question was how important a board for a rosy 2013 outlook. Filipino Tony Award-winner rank or position the party would bestow on him. Hopefully, this translates into Lea Salonga. another credit rating im- In the cover story for the provement that would put the December issue of Vogue, One or two veteran members were not absolutely sure if the country to investment grade, Hathaway, who plays Fan- man before them was a double agent. Why, in the world, would something we haven’t seen in a priest give up his enviable position to huddle with the poor tine in the movie – the same at least the last three decades. masses, risking starvation and death? On the other hand, why Having this upgrade could role performed by Salonga would the Catholic Church bother infi ltrating the Communist on Broadway and on the Party? Were the government and the church in cahoots? help change people’s percep- 25th anniversary concert of These two wily members played devil’s advocates for over an tion outside the country on the “Les Miserables” – said her hour. They delved into George’s personal life, asking all sorts of Philippines as a place to put most daunting challenge in in their investments, which is (Continued on page 8) the only economic indicator (Continued on page 19) that we are not doing as well,” Anne Hathaway said Holcim Philippines CEO Ed Sahagun. Benign growth fairies Miriam: Yes to divorce law, Hunt for Marcos loot goes on An equally optimistic An- no to abortion By Christine O. Avendaño, rights violation during the the PCGG headquarters on tonio Moncupa Jr., president Dona Z. Pazzibugan, Norman 20-year regime of Ferdinand Wednesday, chairman Andres and chief executive offi cer ABS CBN News | health bill, said she equates of EastWest Bank, noted that MANILA, Philippines, abortion with the crime of Bordadora, Philippine Daily Marcos object to the abolition Bautista said his proposal to Inquirer | MANILA, 1/3/2013 of the PCGG. They said dis- Malacañang was to transfer the “growth fairies seem to be 12/19/2012 – Sen. Miriam murder. favoring the country.” Defensor Santiago on “Abortion, never. I am a -- Sen. Joker Arroyo, the solving the commission would the prosecution of Marcos executive secretary when send the signal that those in ill-gotten wealth cases to the “We made our plans for Wednesday very avid 2013 on the premise that said she supporter President Corazon Aquino is- power could commit crimes DOJ and to transfer the se- sued her fi rst executive order and get away with it. questered assets to the Depart- the Philippine economy will sees noth- of RH, but I do well. And we believe we ing wrong will defi - that created the Presidential Although Edwin Lacierda, ment of Finance. Commission on Good Gov- spokesperson of Mr. Aquino, The PCGG made the rec- stand on good foundation. We with pass- nitely fi ght hear, feel and see our loans- ing a strict to the death ernment (PCGG) in 1986 to said that the President was ommendation in January 2011 recover the ill-gotten wealth still studying the recommen- as part of its 100-day accom- and-deposits customers on divorce against how well their businesses are law but abortion as of the Marcoses, and other dation to abolish the PCGG, plishment report. lawmakers are supporting the Justice Secretary Leila de “Our recommendation was doing. We expect the macro noted she a lawyer, numbers—gross domestic is against not neces- PCGG recommendation to Lima said the “mindset” of to wind down work, to turn wind down its work as it has the President was that the over cases to the DOJ and product growth, loans-to-GDP legalizing abortion. sarily as a religious person. ratio, the fi scal defi cit, govern- Santiago, a supporter of the I equate it properly with the outlived its usefulness. commission need not continue the sequestered assets to the recently passed reproductive Other lawmakers and a its work. (Continued on page 14) (Continued on page 19) group of victims of human At a news conference at (Continued on page 7) Page 2 Asian Journal - (619) 474-0588 Visit our website at http://www.asianjournalusa.com January 4-10, 2013 January 4-10, 2013 Asian Journal - (619) 474-0588 Visit our website at http://www.asianjournalusa.com Page 3 extra savings now through Sunday! clearance!fashion and home new price reductions on what you want right now! % 4O to % offOrig.* prices 8Oselections for her: TQPSUTXFBSGPSNJTTFT QFUJUFTXPNFOtTMFFQXFBStKVOJPSTDPMMFDUJPOTtNPSF selections for him: selections for kids: TQPSUTXFBStEFTJHOFSDPMMFDUJPOTtNPSF QMBZXFBStUPQTtNPSF selections for the home: CFECBUItIPVTFXBSFTtUBCMFUPQtFMFDUSJDTtMVHHBHFtNPSF Plus, take an † EXTRA 15% OR 1O% OFF with your Macy’s card or pass! †Exclusions apply; see pass. WOW! PASS EXTRA SAVINGS ON ALL SALE & CLEARANCE APPAREL! 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