Business Matters issue 40

8/7/2019 Business Matters issue 40

1/12

February 28 - March 6 2011 Email:[email protected] Vol. IV No 0040

P20

Mideast turmoil to hit PH hard

The turmol t Mddl east, wtt fallout from tottrg rgms,could affct rmttacs from tOFWs (Ovrsas Flpo Workrs)of just lss ta fv prct for ow,but t could rs to up to 20 prctsould t domo ffct t otrcoutrs t rgo.

Also, aalysts say tat tcoomc costs could doubl orv trpl tat of t ffcts oflss rmttacs as affctd OFWsstruggl for a lvg t coutry.

Rmttacs from t Mddl

east rgo costtuts a tt oft total $1.8 bllo tat wr stby t OFWs last yar but wat sworryg s t coomc costs fort govrmt wc would avto dvs stratgs to mak tdslocatd OFWs go back to tcoomc mastram.

Aalysts say tat wat could

prov to av a dsastrous ffctso t coomy would b a rgmcag Bara, umbr 10 t lstg of Top T dstatosof OFWs. Bara, wc osts15,001 OFWs as of t latstPlpp Ovrsas employmtAdmstrato (POeA) statstcs,could ultmatly affct Saud Araba,sould tr b a domo ffct.

Saud Araba s t topdstato of lad-basd workrswt 291,419 workrs lstd asof d-2009. Ts compars wt

169,011 2003 ad 239,419 2007 ad 275,933 2008.

Protstrs Bara wat tmoarcy , add by t rulg AlKalfa famly,out ad sould tsapp, Saud Araba s s to bt xt battlgroud. Alrady, trar Facbook calls for a protst tKgdom of Saud Araba xt mot.

Lbya, wr tr s a cotugbattl btw t forcs of MuammarGaddaf ad t at-govrmtprotstrs, s om to 10,383, almostdoubl t 2003 OFW lstg of 5,083.egypt just ad 483 OFW s .

Aalysts ar kly watcgt dvlopmts Bara as aycag t rgm tr could avdsastrous cosqucs for SaudAraba. Also bg watcd s tUtd Arab emrats wc s tscod bggst ost to OFWs wt196,815 Flpos workg ts w

otls ad otr tourst ad osptalfaclts.

T Mddl east rgo s omto almost alf-a-mllo OFWscludg t udocumtd Flpoworkrs tr ad t rmttacscould rac up to 20 prct of ttotal dollar flows from t OFWs

But t slvr lg t

orzo s tat t bulk of trmttacs com from t UtdStats ad Caada wc cotrbutabout alf of t total dollar flowscomg from ovrsas Flpoworkrs.

Accordg to t BagkoStral g Plpas t stablflow of rmttacs cotud toprovd coomc mptus by wayof drvg domstc dmad. T$1.8 bllo rmttacs rcorddlast yar accoutd for 10 prctof t gross domstc product

(GDP).Domstc cosumpto ,

spcally fuld by t famls ofOFWs av rsultd coomcgas as t rs domstctoursm, t surg domstcgoods producto ad t bfcalffcts of a mprovd coomy t provcs.

T govrmt s xpctdto dvs dploymt stratgs tootr coutrs sould t Mddleast rgo tur for t wors.But ts optos ar vry lmtdspcally wt t dowtur t Japas coomy tat usd tomploy tousads of OFWs utlstrctr procssg of trtarswr put plac.

Aalysts sad tat tgovrmt sould vok t JapaPlpp ecoomc PartrspAgrmt as a way to cras

t umbr of OFWs Japa. TAsa coutry ds urss but tsrg protocol s dsadvatagousto Flpo urss.

Ty also sad tat tgovrmt as to fast track tsprojcts so tat t dsplacdworkrs t Mddl east ca fdmagful mploymt r.

Stradcom slamscomplaint as baseless

STRADCOM CORPORATiOn ystrday brusd asd as uttrlybaslss t complat rasd agast t by t so-calld RoadUsrs Group, prtag to ts collcto of trcoctvty fsas t formato tcology provdr of t Lad TrasportatoOffc (LTO).

Stradcom spoksprso Margaux Salcdo potd out tat ttrcoctvty fs ar for opratos tat ar byod t scopof t prmary cotract trd to by t compay ad t LTOfor t computrzato of t procssg of drvrs lcss admotor vcl rgstrato.

T opratos covrd by t trcoctvty fs wroly addd to Stradcoms srvcs upo t drctv of t LTOad at a mmal cost to t publc. T add-os wr dsgd tofurtr cras t ffccy of t LTO, s sad.

Stradcom dos ot carg trcoctvty srvcs from tpublc, but from t prvat offcs rqurg trcoctvty lksurac compas tat ar rqurd to b coctd to LTO. it st surac compas tat ar blld, ot t vcl owrs ort motorg publc.

Salcdo strssd tat t bfts of trcoctvty also faroutwg t costs.

T Dpartmt of Trasportato ad Commucatos

The Plpp Amusmt adGamg Corporato (PAGCOR) ascossttly postd a stady cras ts gross args ad cotus torcord fty savgs sc July 2010udr t ladrsp of Carmaad CeO Crsto naguat, Jr.

T stat-gamg frm postdgross rvus of l2.759 bllo Jauary 2011, gr by 1136% orp282 mllo compard to t p2.477bllo gross com t postd for tsam prod last yar.

T substatal cras,accordg to PACOR AssstatVc Prsdt for CorporatCommucatos Marcar Bautsta,was prmarly brougt aboutby tsfd marktg adtrtamt fforts t dffrtCaso Flpo bracs wcrsultd bttr gamg com for

t agcy.

Wgs from PAGCORsow gamg opratos lastJauary yldd a 12.84% crascompard to t total gamgcom t gratd for t sammot 2010, PAGCORsgamg rvus durg t frstmot of t yar racd L948bllo, wc was gr by P222mllo compard to last yarsp1.726 bllo gamg com fort sam prod, Bautsta sad.

Accordg to Bautsta,PAGCOR also gratdsubstatal args from tsotr rlatd srvcs suc astradtoal bgo, com sarfrom t opratos of lcsdcasos, ad pokr opratos. Totalcom from otr rlatd srvcswas 8.30% or 59 mllo grcompard to Jauary 2010 fgurs,

s sad.

Matm, t stat-gamgfrms total savgs for t motof Jauary racd P182 mllo or15.12% lowr vs--vs allocatd

PAGCOR ars P2359-B;savigs ris o P182M

Prii is pluralof Prius

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(Turn to page 2)(Turn to page 2)

By LitO U. GAGni

Mro Mailawill b isoladby a magiud7.2 quakPage 3


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2 February 28 - March 6, 2011

(DOTC) ad t LTO tslf rqurd t LTO trcoctvtyprojcts to addrss past problms, suc as t prolfrato of faktrd-party lablty surac polcs ad bogus crtfcats of

msso complac, sad Salcdo.Troug trcoctvty, Stradcom as succssfullyprvtd t doubl or multpl sal of surac polcs by fxrsas computrzato allows stat cross-cckg of suracpolcs agast rgstrd vcls, s addd.

Stradcom as do all of ts v f t s a prvat ad ot agovrmt corporato bcaus of our commtmt to t publc,spcfcally to road usrs, Salcdo sad.

i fact, rcogzg ts commtmt, Stradcom as rfusdto cras ts fs aually toug t ca do tat udr ts cotract.Stradcom ad crasd t fs oly oc t past gt yars.

Salcdo rvald tat Stradcom as also b opratg wtoutpaymt sc Sptmbr 2010. S sad t compay as badvacg opratg costs f oly to sur cotuous srvcs tot publc, spt of LTO's falur to pay.

Stradcom wlcoms ay spcto of t compay's cotractwt LTO. Stradcom s vry traspart. All of Stradcom's opratosar abov board ad wt t paramtrs of our cotracts,otrws w would ot gt t govrmt prmts cssary tooprat.

budgt. Accordg to Bautsta,most of t savgs wr gratdfrom marktg, suppls ad

matrals, ad Ads/PR/Promotos.Cost-savg masurs cotuto b mplmtd l wtour maagmts campag tomplmt austrty masurs adjudcous spdg of t agcysrsourcs, s sad.

Ts campag udr tladrsp of Carma naguatas put PAGCOR a muc bttrfscal posto wc abld ourcorporato to comply wt tsmadat of rasg t muc-ddrvus for t govrmt,Bautsta addd.

Wt t gr gamgrvus ad lowr opratgxpss, PAGCOR was ablto cras ts rmttacs to tsmadatd bfcars. For t

mot of Jauary, w wr abl to

rmt a total of 121.284 bllo to tmadatd rcpts of PAGCORfuds. Ts s 13.73% or 12155

mllo gr ta t 121.129bllo rmttacs for t samprod of 2010, Bautsta otd.

Comparg Jauary 2011 ad2010 fgurs, rmttacs of PAGCORto t BiR t form of fracs tax,to t natoal Trasury t form of50% govrmt sar, ad t PSCsar all ros by 12.84% for t motudr rvw. T fracs tax padto BiR was gr by 1211 mllo(total rmttac of PAGCOR s 1297mllo), t atoal govrmtssar was gr by 12105 mllo(total rmttac of 12925 mllo),ad t PSC sar was gr by morta 125 mllo (total rmttac of1246 mllo), s addd.

PAGCORs rmttacs to tSocal Fud also ros by 29.89%

from 12115 mllo Jauary 2010

to 12150 mllo Jauary 2011.Sad Fud s bg utlzd for tprorty projcts of t Offc of t

Prsdt.W ar appy to ot tatudr t w PACGOR ladrsp,our corporato s bgg to bmor rsposv ad ffct tsmadat of bg a actv partr ofour govrmt ts ato-buldgfforts, Bautsta sad.

PAGCOR was bascallycratd ot oly to rgulat gamsof cac or to ras rvus for ourgovrmts soco-cvc projcts.it was also cratd to lp boost tcoutrys toursm dustry. effortsar currtly udrway to study trpostog of our casos ot olyas mr gamg ad trtamtctrs, but also as prmumdstatos for forg toursts adtravlrs t ar futur, s

addd.

PAGCOR

BUSineSS optmsm cotudto b strog Q1 2011, wt tovrall cofdc dx (Ci)at 47.5 prct. T cofdcdx s computd as tprctag of frms tat aswrd t affrmatv lss t

prctag of frms tat aswrd t gatv wt rspct totr vws o a gv dcator.

T currt quartrs Ci wasslgtly lowr, owvr, compardto t 50.6 prct Ci rcordd t Q4 2010 survy, as t umbrof optmsts rlatv to pssmstsdcld. Rspodts attrbutdt lss upbat quartr-o-quartroutlook to t followg: (a) usualslowdow busss actvtyaftr t Crstmas ad arvstsasos, (b) rsg prcs of olad otr commodts, ad (c)abormal watr codtos som parts of t coutry.

Rspodts outlook forQ2 2011 turd mor buoyatas t xt quartr dx ros to

a all-tm g of 59.4 prct,t gst radg sc tbusss xpctatos survystartd Q2 2001. Sustadbusss optmsm dcats tatt growt momtum couldcotu 2011.

Rspodts ctd tfollowg factors for tr upbatoutlook: (a) t govrmts

plas to udrtak bg-tcktfrastructur projcts udrt publc-prvat partrsps(PPP) program ad to frot-loadfrastructur ad socal spdg,(b) fastr rcovry mrgg addvlopg cooms, (c) stady

stram of ovrsas Flpos(OFs) rmttacs ad forgcaptal, (d) cotud rcovryof mrcads xports, ad ()cotud strog cofdc t w govrmt.

Trackg t atoal trd,t stmt of bussss frombot t natoal Captal Rgo(nCR) ad Aras Outsd t nCR(AOnCR) rmad buoyatfor t currt quartr albt lssfavorably so w compard tot prvous quartrs survyrsults. howvr, stmtturd cosdrably mor upbatfor t xt quartr.

excpt for mportg frmswc rgstrd a dcl optmsm quartr-o-quartr, t

outlook of bussss volvd tratoal commodty tradg(.., xportrs ad tos gagd dual actvts) cotudto mprov Q1 2011 as trcovry of global trad ad astabl pso pumpd up dmadfor Plpp xports.

importrs ctd t rsgcosts of commodts as t

raso for tr lowr optmsm.Lookg aad to t xt quartr,all typs of bussss volvd tratoal trad bcam morbulls du to t xpctd rs volum of ordrs ad umbr ofclts.

By mploymt sz, allfrms (small-, mdumad larg-szd frms) postd postv butlss favorabl outlook quartr-o-quartr Q1 2011 but turdmor bulls for Q2 2011. Larg-szd frms rmad as t mostoptmstc for Q1 ad Q2 2011.

Cosstt wt tsustad ovrall optmsmovr macrocoomc prospcts,busss stmt across sctorscotud to b favorabl Q1 2011. T costructo addustry sctors rgstrd a morbuoyat outlook, wl tat of twolsal ad rtal trad sctorwas broadly stabl. O t otrad, optmsm t srvcssctor dcld compard to tat

t prvous quartr.Rspodts from t

costructo sctor attrbutd trbulls outlook to t pladmplmtato of bg-tcktfrastructur projcts udrt PPP scm, as wll as tcras dmad for rsdtalad commrcal buldgs.

Frms t dustry ad

wolsal ad rtal trad sctorsackowldgd t bftstat could b ralzd fromt govrmts tatvs topromot broad-basd growt.Ts, togtr wt t rvtalzddmad for xports ad rsg

commodty prcs t worldmarkt, strog domstc dmad,mprovmt opratos,a stabl pso ad t gralprcpto of a bttr busssvromt, wr rasos ctdby t rspodts for trsustad sagu outlook.

T srvcs sctor waslss optmstc o accout of tsasoal slack dmad forotls ad rstaurats, rtgad busss actvts aftr toldays, as wll as t rsgcosts of opratos ad grful prcs (for t trasportatosub-sctor).

For t xt quartr (Q22011), t outlook across allsctors turd mor upbat

largly du to t atcpatdmplmtato of govrmtprojcts, partcularly t PPPprogram ad prospcts of morfavorabl busss codtos(.., stady stram of OFrmttacs, forg captal, admrcads xports). Bussscofdc rmad gst t costructo sctor.

Ld by tc o s t r u c t o sctor, bussssoutlook about trow opratosmprovd quartr-o-quartr acrossall sctors, xcptfor t srvcssctor.

A l t o u g f a c a lc o d t o srmad tgt,mor frmsrportd asraccss to crdtrlatv totos tat sadotrws. Tssuggstd tatfrms atcpatdds forlqudty couldb supportd byavalabl crdt.

A o t r d c a t o rs u p p o r t g

xpctatos ofsustad growt 2011 was t m p l o y m toutlook dx fort xt quartr,wc mprovdfurtr fromt lvls tprvous quartrad a yar ago.e m p l o y m tdcs of t

costructo, srvcs addustry sctors wt up quartr-o-quartr ad yar-o-yar.

Cosstt wt t morpostv outlook of t dustrysctor about tr ow opratos,mor frms (33.9 prct of

rspodts) dcatd xpasoplas for Q2 2011. Mg adquarryg cotud to rcord tgst xpaso plas, followdby agrcultur; lctrcty gas adwatr; ad maufacturg sub-sctors. Mawl, avragcapacty utlzato Q1 2011ros to 75.3 prct, t gstradg sc Q3 2008.

Comptto, wak dmad(ladg to low sals volum),ad facal problms wrt factors tat lmtd busssactvty Q1 2011. T top trbusss costrats wr t samrsks dtfd by rspodtssc Q3 2009.

Rspodt frms xpctdflato ad trst rats

to go up Q1 ad Q2 2011.iflatoary xpctatos arlkly to b strogr ts yarcompard to t prvousquartrs lvl as rspodtsavg vws of gr flatoad trst rats crasd bot Q1 ad Q2 of t yar. Tsxpctatos wr du part toprc prssurs arsg from tcrasg costs of ful ad otrcommodts t global marktad t strog prformac of tdomstc coomy. Mawl,rspodts wr of t vwtat t pso apprcato wouldcotu Q1 ad Q2 2011, butt umbr tat sad so dcldfrom t prvous quartrssurvy.

T Q1 2011 BeS wascoductd durg t prod6 Jauary14 Fbruary 2011.Tr wr 1,630 frms survydatowd. Rspodts wrdraw from t Scurts adexcag Commssos Top7,000 Corporatos, as follows:603 compas nCR (37.0prct) ad 1,027 frms AOnCR (63.0 prct), covrgall 17 rgos atowd. Tsurvy rspos rat for tsquartr was gr at 78.2 prct(from 75.4 prct t prvousquartr). T rspos rats wralso gr for bot t nCR adAOnCR. For nCR, t rsposrat was 76.8 prct (from 73.3

prct t prvous quartr)ad for AOnCR, t rsposrat was 79.1 prct (from 76.7prct t prvous quartr).

A brakdow of rspossby typ of busss sowd tat14.2 prct wr mportrs, 6.7prct wr xportrs, ad 14.0prct wr bot mportrs adxportrs. About 65.1 prctof t rspodts wr trmportrs or xportrs or dd otspcfy tr frm typ.

President Aquino leads other government and church officials in releasing doves after the unveiling ofthe monument of the late Manila Archbishop Jaime Cardinal Sin at Rizal Park in Manila as part of thecommemoration of the 25th anniversary of the 1986 EDSA People Power Revolution. Among those withthe President in photo are: Vice President Jejomar Binay, Manila Mayor Alfredo Lim, apostolic nuncioArchbishop Edward Joseph Adams, Manila Archbishop Gaudencio Cardinal Rosales, Lingayen-DagupanArchbishop Socrates Villegas, Novaliches Bishop Emeritus Teodoro Bacani and Antipolo Bishop GabrielReyes. (PNA)

(From page 1) Stradcom (From page 1)

Busiss sim srog i Q1 2011


3/12

February 28 - March 6 2011 3

NZ earthquake toll at 102, more buildings may collapseThe nw Zalad polc ow put t dat tollfrom t Crstcurc artquak at 103 adts fgur s stll xpctd to rs. T Soutislad cty of 340,000 was t by a magtud6.3 artquak o Fbruary 22, sustag tsscod major quak fv mots.

T evromt nws Srvc sad tlst of popl wo ar uaccoutd for, adwr tr s sgfcat cocr tat ty ar t ctral busss ara, rmas aroud200. Polc say t s lkly tat may tos woav dd wll b o tat lst but cross-matcgca oly b carrd out oc tr av bformal dtfcatos.

DnA ad fgrprt sampls ar bgusd to dtfy t vctms. Som ams oftos wo dd t quak ar bg rlasdbut oly aftr ty av b postvlydtfd ad xt-of-k av b otfd.

Polc ar appalg for udrstadgfrom famls as ty work to dtfy bods."W kow t's a agozg wat for famlsdsprat to fd out abouttr lovd-os, but trs a lgal rqurmt forts work to b compltdto stadards st by tCoror," polc dsastrvctm dtfcatocommadr Mk Wrgttold TV nw Zalad.

A Amrca UrbaSarc ad Rscu Tamas ow arrvd nwZalad to jo tams fromnw Zalad, Australa,Japa, Tawa, Sgaporad Ca. A tam fromt UK s also rout;oc ty arrv tr wllb arly 700 USAR tamsad cvl dfs volutrsworkg o t rscuoprato.

hudrds of rscurs

dug troug twstdad brok buldgsfor ours a dspratsarc for survvors aftrt catastropc quak.Aftrsocks ar xpctd tocotu, ladg to furtr buldg damagor collaps, as wll as cotud dsruptoto powr, tlcommucatos ad sstalsrvcs.

Prm Mstr Jo Ky told rportrst dat toll could rs byod 200 popl.h cofrmd tat tr ar o survvors fromt collapsd Catrbury Tlvso buldg ctral Crstcurc ad tat ovrsas vstorsar amog tos wo dd tr.

Polc say t bods of about 100 poplrma t rubbl of t CTV buldg, butactvty tr as b suspdd du to tstablty of gborg buldgs.

Mor ta 20 popl may stll b trappd

sd t Py Gould Corp Buldg tctral busss ara wr rscu workrsav b rdoublg tr fforts.

Wl som osptals Crstcurcar opratoal, approxmatly 1,145 jurdpopl av b flow out to Wllgto or

Aucklad, accordg to Cvl Dfc.At last 36 aftrsocks gratr ta

magtud 4 ad four aftrsocks abovmagtud 5 av b flt as of Tursday,Fbruary 24. T atoal gologcal srvcGnS Scc advss tat tr may b mormagtud 5 or gratr aftrsocks t xtfw days.

Crstcurc polc ar mposg tgtrstrctos ctral Crstcurc from 6:30pm for publc safty amdst fars of furtrbuldg collapss. T ara wt t fouravus - Das, Moorous, Ftzgrald adBaly - s cordod off ad ayo trgt ara wll b arrstd.

Watr suppls ar stll ot rstord to

about 50 prct of Crstcurc rsdts.Watr s bg truckd by takr adwatr dstrbuto sts ar bg stablsdtrougout t cty.

Cvl Dfc s rmdg rsdtsto cotu bolg all watr usd, cludgrawatr ad watr collctd from t takrs.Assum tap watr s cotamatd ad usafto drk utl advsd otrws, t agcywars.

Most of t cty's ma l swrs ardamagd ad swag s flowg ucckdto rvrs.

But food ad ptrol ar ot sort

supply ad tr s o d for pac buyg,

autorts say.Cvl Dfc says all stat gways ad

stat gway brdg structurs ad aroudt cty av b spctd, ad wl somav sustad mor damag all of t brdgsar saf, ad all otr stat gways t

rgo ar op.

But 18brdgs ad 25dstrbutor roadsar stll mpassabldu to floodgad structural orsurfac damag.eastr parts oft cty ar worstaffctd.

Powr asb rstord toabout 60 prctof t cty but tpowr compayOro says tcould b wksbfor lctrctys fully rstord.

"Progrss s slowbcaus roadsar damagdad muc oft damag tot lctrcty

twork s udrgroud, makg t dffcult tolocat ad vstgat faults," sad Oro CeORogr Sutto.

Prm Mstr Ky today rallocatdsom Mstral portfolo rsposblts, fort forsabl futur, to allow Catrburyeartquak Rcovry Mstr Grry Browlto focus solly o ovrsg artquakrcovry.

"Tr s a vry bg job aad of us ad t'smportat w av a sor mstr ddcatdsolly to t," Ky sad.

For t forsabl futur, Ky sad,"Smo Powr wll b t Actg Ladr of

t hous. Davd Cartr wll b t Actg

Mstr for ecoomc Dvlopmt adhka Parata wll b t Actg Mstr ofergy ad Rsourcs."

"T govrmt s gog to do vrytgt ca to support t rcovry ad rbuldg ofCrstcurc," sad t Prm Mstr.

Fac Mstr Bll egls jodPrm Mstr Ky today a cofrc call wtt cf xcutvs ofBusss nw Zalad'smajor compas group,rprstg most ofnw Zalad's largstbussss.

"T govrmt salrady moutg a ugrscu ad rcovry ffort Catrbury ad wwlcom t support adcostructv das fromt busss ladrs," sadegls. "May of trcompas av offcsad staff Crstcurc

ad ty ar alradyprovdg cosdrabl assstac to popltrougout t cty."

Offcals ar workg o a rag of optosfor a govrmt busss assstac packag.

Australa Attory-Gral RobrtMcClllad today sad 300 Australa polcoffcrs as wll as Australa mdcal staffad a fld osptal ar bg dployd toCrstcurc to provd mrgcy assstac rspos to a rqust from t nw Zaladgovrmt.

"Ts polc rsourcs av brqustd by t nw Zalad govrmtto support gral duts polc as part of tdsastr rcovry," McClllad sad. "Australas also supplyg a 75 bd mdcal fld osptalwt 10 surgcal, mdcal ad support staff."

Prsdt Barack Obama calld PrmMstr Ky of nw Zalad Wdsday to

xprss dp codolcs ad offr watvrad s dd.Offrs of tratoal assstac av

also b mad by Argta, Caada, Cl,Frac, Grmay, Grc, Kora, Malaysa,Mxco, nw Caldoa, Russa, Swtzrladad t Utd natos.

To fr up accommodato Crstcurc,Cvl Dfc s gvg vstors to t cty topportuty to rlocat to Wllgto. Vstorswo wat to lav sould go to t Bursdhg Scool wlfar ctr, corr of MmoralAvu ad Grrs Road, or t wlfar ctr hagly Park.

Vstors ar ward ot to go to t arport.Vstors ar bg flow to Wllgto by tRoyal nw Zalad Ar Forc ad flgts startdlavg Crstcurc arly ts morg.

T arport as b op for domstcad tratoal flgts at rvsd scduls

sc Wdsday aftroo.

AT last 34,000 popl wll d adcommucato ls ad utlts

Mtro Mala wll sustaxtsv damag f a sallowartquak wt a magtud of7.2 wr to t t 30 klomtr-log Wst Vally Fault wc cutstroug t mtropols.

Ts was t worst-casof t 18 scaros gratdby t eartquak impactRducto Study for MtroMala (MMeiRS) coductd 2004 by t MtropoltaMala Dvlopmt Autorty(MMDA), t Plpp isttutof Volcaology ad Ssmology(PhiVOLCS) ad t Japa

itratoal CoopratoAgcy (JiCA).

T stmatd 34,000 datsad 114,000 jurs wt t

frst our of t artquak strkwll b mostly from collapsdouss ad buldgs ad tost by dbrs fallg from md-rsad g-rs buldgs.

T rport sad,approxmatly 40% of t totalumbr of rsdtal buldgswt Mtropolta Mala

wll collaps or b affctd.....Morovr, addtoal 18,000

dats ar atcpatd by t frspradg aftr t artquakvt. Ts uma loss, togtrwt proprts ad coomylosss of Mtropolta Mala wllb a atoal crss.

Bcaus 90 prct ofdats ar xpctd to com fromcollapsd buldgs, t rport sadt umbr of dad from squattrsaras wll b small.

Frs ar also xpctd tobrakout wt t frst tr orfour ours aftr t artquakwc wll add to furtr loss oflvs bcaus fr ydrats wll bot b fuctog ad som frgs av b dstroyd bydbrs. Tos stll rug may otb abl to rac som of t aras

bcaus of dbrs o t road.T sam rport also sad tatwatr, lctrcty ad tlpols wll bcaus may of tcabls ad pps wll b damagdor dstroyd by collapsgbuldgs ad fallg dbrs.

At last 30 klomtrs oflctrc cabls ar xpctd to b

affctd ad 100 klomtrs oftlpo cabls wll also b cut.

Wt ladl srvc vrtuallyout, cllular srvc wll bcomcogstd or wll also b kockdout dpdg o damag tartquak caus to atatowrs.

i t ours aftr tnw Zalad artquak,autorts wr askgctzs to rfra from ujsgtr cllular tlpos so tcould b usd prmarly byrscu srvcs to coordattr movmts.

T study rcommddtat Mtro Malasbuldgs b rtrofttd tomak tm mor artquakrsstat ad tat dsastrrsk maagmt tams b

stup commuts.T commuty-basdtams wll lp mmzt damag ad casualtstat may rsult fromscodary outbraks of frad artquak aftrsocks.

it was also rcommddtat a atoal systm

sould b dvlopd to mmzt artquaks mpact o t

fuctos of bot t atoal adlocal govrmts.T artquak damag

scaro from artquakmodl o. 8 a 7.2 magtud

artquak tat would rupturt Wst Vally Fault followsts rport.

The broken spire of the Christchurch Cathedral (above) and debris frombuildings around the central business area (upper right).

Metro Manila will be isolatedby a 7.2 magnitude quake


4/12

Environment4 February 28 - March 6, 2011

US hous slass fudg for cla ar, watrThe US hous of Rprstatvspassd a fudg bll tatvromtalsts say amouts tot bggst attack o cla ar adcla watr rct story.

hR 1, t cotug rsoluto

offrd by hous Rpublcas tokp t govrmt fudd for trst of t fscal yar, passd by avot of 235-189.

T evromt nws Srvcrportd tat oly tr Rpublcasjod all t Dmocrats votgo.

Amrca Lug AssocatoPrsdt ad CeO Carls Coorcalld t bll "a svr assault o talt of all Amrcas."

"T US hous ofRprstatvs fald to protctt publc alt of all Amrcasby passg hR 1," sad Coor."Ts bll gors publc alt adwll av dr cosqucs for all

Amrcas, spcally popl wtlug dsass, cludg lug cacr,astma ad mpysma."

"T Amrca LugAssocato calls o t Sat torcogz tat, as passd by t

hous, hR 1 s toxc to publcalt," sad Coor. "T Satmust start from scratc ad rcogztat toug fscal cocs ca b madwtout jopardzg publc alt."

hR 1 slass t budgt oft US evromtal ProtctoAgcy by o-trd ad prvtst agcy from actg to rduccarbo doxd ad otr globalwarmg pollutats from coal-frdpowr plats ad ol rfrs,a rgulatory program tat bgaJauary 2.

T bll also blocks ePA fromrstorg Cla Watr Act protctosfor may of t ato's mostvulrabl watrways, cludg tos

tat fd to drkg watr supplsfor mor ta 117 mllo Amrcas.

"Amrca famls av afudamtal rgt to cla ar ad clawatr, but ts bll s t bggst assaulto bot rct story," sad Aa

Aurlo, drctor of t Wasgto,DC offc for t advocacy groupevromt Amrca. "Amrcasmay av votd for a lot of tgs novmbr, but ty surly dd'tvot for mor astma attacks, morcotamatd drkg watr supplsad mor trats to our trasurdatoal parks."

Mrada Cartr, evromtillos fld orgazr, sad, "icoomc tms good or bad,t's crtcal tat our govrmtprotct cldr's alt ad ourvromt."

To t Rpublca housladrsp, t bll s all aboutspdg cuts. i a statmt today

hous Spakr Jo Bor sad,"Ts wk, for t frst tm may yars, t Popl's houswas allowd to work ts wll - adt rsult was o of t largstspdg cuts Amrca story.

For t good of our coomy ad ourdmocracy, i call o Sat MajortyLadr Rd to allow t to com to ammdat vot."

"Cuttg fdral spdgs crtcal to rducg coomcucrtaty, couragg prvat-sctor vstmt, ad cratg abttr vromt for job crato our coutry," sad Bor. "Wwll ot stop r our fforts tocut spdg, ot w w'r brokad Wasgto's spdg bg smakg t ardr to crat jobs."

T hous Rpublcas avtratd to sut dow t fdralgovrmt f tr bll s ot actdto law, wc would alt SocalScurty paymts to sors, aswll as paymts to mmbrs of

t armd forcs, vtras, bordrguards ad otr fdral govrmtmploys.

now t bll gos to t Satfor cosdrato. Sat MajortyLadr harry Rd, a nvadaDmocrat, sad, "Dmocrats blvw sould mak smart cuts - cuts tattargt wast ad xcss, ot slasgt programs tat kp us saf adkp our coomy growg."

Sat Dmocrats avaoucd tr support for PrsdtBarack Obama's fv-yar spdgfrz, wc wll sav $400 blloovr t 10 yars ad brg domstcdscrtoary spdg to t lowstlvls sc Prsdt Dwgtesowr.

"Wl Rpublcas say 'so b t'

to t umployd, Sat Dmocratsar workg to crat jobs ad makAmrca mor compttv," SatorRd sad. "Tat mas makg smartcocs about cuttg wast adxcss, ad lvg wt our mas.As w rduc govrmt spdgad cut t dfct, w wll cotuto crat jobs ad strgt ourfutur by bcomg t world ladr cla rgy, rvvg Amrcamaufacturg ad prparg ourworkforc for t jobs of tomorrow."

Dal Lasof, drctor of tnatural Rsourcs Dfs Coucl'sclmat ctr, sad, "t hous s daf,dumb ad bld o clmat cag."h ots tat h.R. 1 would prvt

ePA from collctg basc data o wos pumpg ow muc carbo doxdad otr at-trappg pollutats tot ar; ad would prvt ePA fromsttg ay lmts o mssos of tgrous gass: carbo doxd,

mta, trous oxd, sulfurxafluord, ydrofluorocarbos, orprfluorocarbos for ay raso.

T cotug rsoluto wouldalso prvt t Utd Stats fromcotrbutg to t itrgovrmtalPal o Clmat Cag. TiPCC, wc wo a nobl Prz forts work 2007, was stablsdwt t support of t Gorg Busadmstrato to provd autortatvtratoal assssmts of clmatcag.

"Appartly," sad Lasoff,"t hous majorty dos ot watto s ow polluto s affctg tclmat."

T Rpublca ladrspclams to av t support of tAmrca popl for ts masurs,

but vromtalsts wo ar alsoRpublcas xprssd dsmay todayat t xtt of t cuts.

"hous Rpublcas fll pryto at-vromtal xtrmsm oFbruary 19, passg a 2011 spdgpla loadd wt attacks o publcalt stadards ad cosrvatotat av lttl to do wt rducgt ato's dbt," sad Rpublcasfor evromtal Protcto, aatoal grassroots orgazato of"stwardsp-mdd" Rpublcas.

"T cotug rsoluto tatt hous passd fulflls may tmso t ws lst of at-vromtalradcalsm," sad Davd Jks, RePvc prsdt for govrmt adpoltcal affars. " T rsolutocluds o-budgtary polcy

madats tat would prvt ePAfrom lmtg carbo polluto adprotctg watr qualty, bar titror Dpartmt from protctgwldrss-qualty lads, ad dcr,wtout rgard to sctfc vdc,tat ortr gray wolvs ar ologr dagrd."

"it s rally ard to udrstadwy so may our party sm soll-bt o wastg rgy," sadJm DPso, ReP vc prsdtfor polcy ad commucatos."T sam cosrvatv valus tatcompl us as cosrvatvs to fscallylv wt our mas also compl usto do t sam w t coms to ourrgy rsourcs."

The Plpp Dsastr Scc MaagmtCtr (DSMC) ad wt t CogrssoalCommsso o Scc Tcology adegrg (COMSTe) rportd tat a wstudy by tr uvrsts sow tat umacotrbutos to t vromt ca causmor xtrm rafall ad floods.

T study, wt cotrbutos fromevromt Caada, t Uvrsty ofedburg, ad t uvrsty of Vctorsdcats tat, "uma-flucd globalwarmg may b partly rsposbl forcrass avy prcptato."

T rsarcrs usd laborat computrmodlg to study t ffcts of atural

codtos o watr varablty, but trsults sow tat udr o ormal aturalcodtos could t xtrm floodg adras com about. it s oly w factorg uma cotrbutos lk carbo mssos tatt xtrm watr occurrcs app.

T DSMC ad COMSTe av boldg a srs of lcturs by rowdsctsts tat prst sow t ffcts of clmatcag ad dsastrs t local sttg.

T latst t srs of lcturs was gvby rowd cotrol torst Dr. Jos Cruz todscuss utlzg systm complxty dsastrscc. T lctur was ttld "ClmatCag, Clmatgat ad Gogrg".

T lctur brougt to lgt data fromnASA dcatg t rs tmpratursad mltg of pral arctc c covr. Dr.Comso sad tat mltg c as causd a sa-lvl rs of 3.20 mm pr yar globally, ad

f ts cotus t Mtro Mala as tpottal to b drowd. Sort trm ffcts ofclmat cag also clud strogr typoos,forst frs ad drougt.

Dr. Klv Rodolfo bga t srs oflcturs by gvg a gral ovrvw of clmatcag wt a lctur ttld, "Radg clmatstory from c cors, ow t world's glacrsar mltg, ad wat tat as to do wt usFlpos?"

T lctur xplad ow to xtd tstory of clmat cag fartr back tm,frst by xamg t rats at wc moutaglacrs ar losg lgt, t by sg owc cors from dp wt t Grlad

ad Atarctc ccaps yld tr scrts. Tlctur also dscuss ow futur sa lvl mgtb affctd, ow t procss 'fds back' otslf, ad ow uma watr suppls wll baffctd.

COMSTe Carma S. Satoredgardo J. Agara sad t ogog lcturswll bcom mor tccal ad buld tfoudato of local dsastr scc, wc wlltackl ssus lk ow floodg ad ca affctsurac compas ad ow to quckly adoptRwabl ergy Systms to lss localfossl ful us. Bot local ad forg sctstsad xprts wll b lcturg.

T DSMC s a publc-prvat tatvtat t sctfc commuty ca us tobttr udrstad t mcacs of maaggdsastrs wt t cooprato of gborgcoutrs tat av xprcd smlar stormsad atural calamts as t Plpps.

Growing lava dome

President Aquino scans a big piece of onion, a product of a smiling Kalasag farmer (right), duringthe 5th PinoyME anniversary celebration at NBC Tent, Fort Bonifacio, Taguig City. (PNA photo)

Huma coribuiosicrasig flood risk

ALL eyes on Japans Kyushu Island are on the growing lava dome of thevolcanic peak Shinmoedake, which has been erupting on and off sinceJanuary 26 this year.The image shows shows the lava nearly filling the 700-meter-wide crater.Scientists are predicting that eruptions could grow stronger and go on formonths.The University of Tokyo's Earthquake Research Institute is posting regularupdates of its observations. Kagoshima Prefecture posts pictures from aneighboring peak that are updated every minute. Ash from the volcano hasdisrupted flights and buried fields of winter vegetables. More than 1000residents evacuated the rural area.


5/12

Health & Wellness February 28 - March 6, 2011 5

Stroke patients getting youngerThe umbr of youg popl-- cludg cldr ad ts-- wo ar bg osptalzd foracut scmc strok s rsg,rsarcrs foud.

From 1994 to 2007, tprvalc of osptalzato

crasd for bot mals adfmals ags 5 to 44, accordgto Mary Gorg, MD, MSPh,of t CDC's Dvso for hartDsas ad Strok Prvto Atlata.

i cotrast, tosptalzato rat droppd fordvduals 45 ad oldr, srportd at t Amrca StrokAssocato's itratoalStrok Cofrc ld rctly Los Agls, Calfora.

Gorg sad t study dosot gv ay dcato wyyougr dvduals would bgttg osptalzd for scmcstrok at a gratr rat, otgtat s ad r collagus couldot dtrm wtr t was

rlatd to mprovd dagostcablty, crasd rfrrals tostrok urologsts, gtdawarss of strok youg

popl, or crass otr rskfactors.

"Ts study rally dos'taddrss wat mgt budrlyg ts trds, adi tk tat rally ds to blookd to," s sad. "Wtr

t's assocatd wt crasgtrds tradtoal rsk factorss ukow at ts tm."

Gorg ad r collagusvaluatd trds osptalzatofor acut scmc strok usgt t natowd ipattSampl of t haltcar Costad Utlzato Projct.

Usg dagostc cods,t rsarcrs trackdosptalzatos from 1994 to2007.

Ty dvdd t pattsto sx ag groups -- 0 to 4 yarsold, 5 to 14, 15 to 34, 35 to 44,45 to 64, ad 65 ad oldr.

T rat of scmc strokosptalzato droppd durgt study prod for fmals

ags 0 to 4 ad for bot m adwom 45 ad oldr.

Amog t groups from 5to 44, t largst jump was a 51

prct cras from 9.8 to 14.8pr 10,000 osptalzatos formals ags 15 to 34.

Tat was followd by a 47cras cras from 36.0 to52.9 pr 10,000 osptalzatos mals ags 35 to 44 ad a 36

prct cras from 21.9 to30.0 pr 10,000 osptalzatos wom t sam agbrackt.

Rsg rats wr alsoobsrvd mals ags 5 to 14(36 prct), fmals ags 5 to14 (31 prct), ad fmalsags 15 to 34 (17 prct).

i addto to cags agpattrs of strok burd, trmay b sfts amog racal adtc groups as wll, accordgto aotr study prstd att mtg by Lyda Lsabt,PD, MPh, of t Uvrstyof Mcga Scool of Publchalt A Arbor.

S ad r collaguslookd to t futur to stmat

strok burd, wc s xpctdto cras bcaus of t aggpopulato.

Ty stmatd strok

umbrs o-hspac wtsad Mxca Amrcas, afast growg populato wt alvatd strok rsk compardwt wts, usg populatoprojctos from t 2000 UScsus ad data from t Bra

Attack Survllac CorpusCrst (BASiC) projct for 2000to 2008.

For t purposs of tstudy, t was assumd tat strokrats by ag, tcty, adgdr wll rma ucagdfor t xt 40 yars.

Altoug bot tc groupsar xpctd to av largcrass t total umbrsof scmc ad morragcstroks, t burd s xpctdto grow fastr MxcaAmrcas.

For wts, t umbr ofstroks was stmatd to rsfrom about 300,000 2010 tomor ta 500,000 2050 -- a75 prct rlatv cras.

For Mxca Amrcas,t umbr was stmatd tocras from about 26,000 2010 to mor ta 120,000

2050 -- a 350 prct rlatvcras.

Lsabt told MdPagToday tat t gratr xpctdcras total stroks Mxca Amrcas s lklyt cosquc of bot t

growg sz of t populatoad t agg of t populato,wc skws t strok ratgr.

"Tat as ug soctalmpacts bcaus strok s vryxpsv from a soctalprspctv," s sad, otgtat prvous rsarc assow tat t ovrall cost ofstrok s gr hspac adblack populatos ta o-hspac wt populatos.

"T raso for tat s tatdvduals ts rac/tcmorty groups td to avtr stroks at yougr ags,"s sad, wc affcts trablty to work or car for trfamls to a gratr dgr.

S ad r collagusackowldgd tat t study waslmtd bcaus t assumptosmay ot b ralstc.

IV bar in Nagoya offering after work refreshmentPeOPLe nagoya, Japa, ar gog to aiV bar st up at a mdcal sttuto arJR nagoya Stato for quck rfrsmtaftr work, rcvg supplmts vatravous drp wl satd comfycars.

At t bar sd t nagoya StatoClc, customrs ca rcv cocktalsolutos of tr coc, wt prcs raggfrom 3,000 y for a sgl supplmt

to 16,000 y for a combato of gt

dffrt kds, wt magazs ad drksby tr sd.

JapaToday.com rportd trwbst tat t cars fac t outsdo t gt floor of t buldg so tatcustomrs ca vw t cty lgts at gt.

Accordg to Mzuobu Kosta, t41-yar-old ad of t clc, most of tcustomrs ar offc workrs.

Som of tm cotu to work wt

tr computrs durg t iV tratmt,

wc taks rougly 10 muts, Kostasad.

T most popular cocktal, acombato of vtam C, amo acds adfv otr supplmts, s prcd at 12,000y.

Customrs ca ordr t cocktalstdd to lp boost tr rgy ormprov tr alt ad bauty.

naom Okuyama, a 38-yar-old atry

workr from Yokkac t gborg

prfctur of M, ordrd a cocktalcococtd to gt rd of souldr stffssad mprov sk codto at t samtm.

im lookg forward to sg tffcts of t cocktal, s sad.

Kosta sad ops t bar wll busd by popl wo caot tak days offasly v w ty ar suffrg frompoor alt as a altratv sckbay to

t os tr offcs.

Sudy liksFacbook us

o aig disordrsThe mor tm adolsct grlsspd o t socal tworkgwbst Facbook, t gratr

tr rsk of dvlopg a gatvbody mag ad atg dsordrssuc as aorxa, bulma adxaggratd dtg, accordgto a rct study by rsarcrsat t Uvrsty of hafa isral.

eartTms.org sad tat agroup of 248 grls agd btw12 to 19 took part t studyad ty wr askd to provdformato o tr trtad tlvso vwg abts,tr atttuds towards atg,slmmg ad bulma, ad trdgr of satsfacto wt trbods ad ss of prsoalmpowrmt.

T rsults sowd tatt mor tm grls spt

o Facbook, t mor tysuffrd from bulma, aorxa,a gatv body mag adxaggratd dtg.

A corrlato wasalso foud btw atg

dsordrs ad crta tlvsoprogrammg: Grls awo oftwatcd gossp- ad lsur-

rlatd programs, suc as"Gossp Grl," wr mor lklyto suffr from aorxa, tstudy sowd.

Accordg to t rsarcrs,parts playd a ky rol tgrls' suscptblty to atgdsordrs. Grls wos partswr awar of tr mdaxposur, wo watcd or surfdalog wt tm ad ad crtcaldscussos wt tm about tcott, sowd mor prsoalmpowrmt. Ts srvd as a"protctv sld" agast atgdsordrs.

Grls wos parts wr otawar of t mda cott tywr cosumg, ad wo sougtto lmt or probt xposur

stad of bcomg famlarwt tat cott, sowd a lowrss of slf-mpowrmt, amor gatv body mag ada gratr lklood of atgdsordrs.

Rural health units can use new nursesDeSPiTe t vry low passg rat of t latst Plpp nursg Lcsurexamatos, t Plpps as a ovrsupply of Rgstrd nurss (Rn)wo ar all cocrd about t mploymt opportuts avalablr fortm.

A statmt from Sator edgardo J. Agara sad tat oly 29,711 of t84,287 ursg graduats wo took t Dcmbr 2010 xams passd.

T 35.35 prct passg rat for t Dcmbr batc was v lowrtya t 41.4 prct passg rat for t July 2010 batc of xams.

Agara sad tat a possblsoluto to t umploymtwos of t coutrys urssmay b foud t Rgstrdnurss for halt eacmtad Local Srvcs (Rn heALS)program from t Dpartmtof Labor ad employmt. Tprogram dsgats urss to t local govrmt uts rural aras.

"T Rn heALS projct mgt just b abl to addrss ts ssu--somof t w urss sould b dployd to srv t Rural halt Uts(RhU) trougout t coutry, wc would praps udg t umbrs ts aras closr to t optmum 1:10 urs-to-patt rato," sad.

Rctly, Agara fld Sat Bll 2629 wc sks to stabls aLocal halt Ut ac mucpalty ad a RhU ac tow tprovcs to provd basc alt srvcs v to t far-flug corrs oft coutry. T bll would rqur a fv-mmbr alt tam ac ut,wt o lss ta two urss.

"if passd, ts bll mgt just provd a w-w soluto to botproblms--t Rn's dffculty scurg a job ad t sortag of altcar workrs t provcs," sad Agara.

Bvrly hlls arrvs QCBeVeRLY hlls 6750, o of tprmr bauty faclts tcoutry, s xpadg to QuzoCty wt a P30 mllo facltytat would catr to ts growgcltl.

Cf xcutv offcr Suzttha-Lopz sad ts would b tcompays frst brac out of tsAyala Avu faclty MakatCty.

T bggr Tmog Avubrac Quzo Cty, wc wllop xt mot, wll av t samcomprsv srvcs tat ts Ayalafaclty offrs.

Lopz sad t compay asb growg 20 prct auallyad as gad as muc as 20prct markt sar sc t startdopratg 2006.

T compay also postd a60 prct gross marg 2010,

outprformg t dustrysavrag of 52 prct. it xpcts toga sgfcat growt gv tsxpaso, s sad.

Lopz sad tat dspt tsstat-of-t-art faclts, crm d lacrm mdcal doctors ad frst classsrvcs, ty ar actually 30 prctcapr ta tr compttors.

Balkbayas ad Flposworkg abroad accout for 30prct of tr clts wlts forg clts, mostly fromAustrala, Guam ad UtdKgdom av b growgsubstatally.

Ts dvduals prfr todo tr asttc srvcs wtBvrly hlls 6750 wr tyca gt as muc as 50 prctcapr for dtal srvcs ad 60prct for cosmtc procdurs.A avrag Flpo spds about

P100,000 Bvrly hlls.T compay as postod

tslf t Class A ad B markt,wc rprsts oly about 15prct or 15 mllo of t trPlpp populato. Of tatumbr, oly 10 to 15 prctar op to t da of asttcacmt procdurs or asmuc as two mllo Flpos.

But ts umbr s caggbcaus mor Flpos ar owop to avg bauty acmtprocdurs.

i ts wbst, Bvrly hlls6750 pots out tat ty arddcatd to xcllc mult-spcalty "asttcs" tat cludsasttc plastc surgry, skcar & rjuvato, wgt lossmaagmt, cosmtc gycology,prpral vascular lasr surgryad cosmtc dtstry. (PnA)


6/12


Food PrGlobal food prcs cotu to

rs. T World Baks food prcdx crasd by 15% btwOctobr 2010 ad Jauary 2011ad s oly 3% blow ts 2008pak. T last sx mots avs sarp crass t globalprcs of wat, maz, sugarad dbl ols, wt a rlatvlysmallr cras rc prcs.hgr global wat prcs avfd to sgfcat crass local wat prcs maycoutrs. hgr maz, sugar,ad ol prcs av cotrbutdto cras t costs of varoustyps of food, toug local mazprcs av largly b stabl Sub-Saara Afrca. Local rcprcs av crasd l wtglobal prcs som larg rc-

cosumg Asa coutrs.Ts food prc rss cratmacro vulrablts, partcularlyfor coutrs wt a g sar offood mports ad lmtd fscalspac, as wll as crass povrty. estmats of tos wofall to, ad mov out of, povrtyas a rsult of prc rss sc Ju2010 sow tr s a t cras xtrm povrty of about44 mllo popl low- admddl-com coutrs. i tmmdat trm, t s mportat

to sur tat furtr crass povrty ar curtald by takgmasurs tat calm jttry marktsad by scalg up safty t adutrtoal programs.

ivstmts rasgvromtally sustaablagrcultural productvty, bttrrsk-maagmt tools, lss food-tsv boful tcologs,ad clmat cag adaptatomasurs ar all cssary ovrt mdum trm to mtgat tmpact of xpctd food prcvolatlty o t most vulrabl.

Global food prcs cotuto rs, toug ot uformly forall gras. T World Baks foodprc

dx ros by 15% btwOctobr 2010 ad Jauary 2011, s29% abov ts lvl a yar arlr,ad oly 3% blow ts Ju 2008pak (fgur 1). A brakdow oft dx sows tat t gra prcdx rmas 16% blow ts pakmaly du to rlatvly stablrc prcs, wc ar sgfcatlylowr ta 2008. T crasovr t last quartr s drvlargly by crass t prc ofsugar (20%), fats ad ols (22%),wat (20%), ad maz (12%).

Amog gras, global watprcs av crasd t most rct mots. A cofluc ofwatr socks to varous largproducg coutrs, followd som cass by xport rstrctos,

curtald supply ad causd wat

prcs to mor ta

doubl btw tlows of Ju 2010 adJauary 2011 (fgur 2).Currtly two factorsar kpg wat prcsg. O t supplysd, tr s ucrtatyabout t sz ad tqualty of wat xportsfrom Australawrcrops wr damagdby xcssv ras adfloodsas wll ascocrs about Caswtr wat crop.Dmad drvrs ctraroud t possblty oflarg wat-mportgcoutrs, partcularly t Mddl east ad

nort Afrca, comgto t markt wt largordrs. Ts ar rlatdto assurg t publctat adquat domstcfood stocks xst durgucrta poltcal tms som coutrs.Aotr raso s tatcoutrs lk SaudAraba ar progrssvly rducgdomstc producto of wat tocosrv valuabl watr rsourcsad rlyg mor o mports.

hgr global wat prcsav fd to sarp crass domstc wat prcs maycoutrs. T trasmsso rat ofglobal wat prc crass to tdomstc prc of wat-rlatdproducts as b g maycoutrs. For stac, btwJu 2010 ad Dcmbr 2010, tprc of wat crasd by largamouts Kyrgyzsta (54%),Baglads (45%), Tajksta(37%), Mogola (33%), SrLaka (31%), Azrbaja (24%),Afgasta (19%), Suda (16%),ad Paksta (16%). Svral ofts coutrs av a larg sarof calors cosumd from wat-basd products, partcularly fort poor (tabl 1).

i svral otr coutrs,t adjustmt to gr globalwat prcs as b sard byt govrmt ad cosumrs. iida, gr domstc procurmtprcs for wat av cotrbutdto rcord domstc gra stocks,wc av b rlasd to curbprcs. i paralll, t subsdzdwat program as b scaldup. i egypt, t brad subsdy sstmatd to rac aroud 85% oft populato. nvrtlss, v ts coutrs, cosumrs arot fully xmptd from t mpactof global prc rss as prcs ofosubsdzd wat products, aswll as otr basc stapls, avcrasd. Local practcs av

also sldd cosumrs from

gr global wat prcsforstac

Camboda brad prcs avrmad stabl as cosumrs usflour mad from locally producdcassava.

Maz prcs av crasdsarply ad ar affctd bycomplx lkags wt otrmarkts. i Jauary

2011, maz prcs wrabout 73% gr ta Ju2010. Ts crass ar du toa srs of dowward rvsos ofcrop forcasts, low stocks (U.S.stocks-to-us rato for 2010/11s projctd to b 5%, tlowst sc 1995), t postvrlatosp btw maz adwat prcs, ad t us of corfor bofuls. etaol productodmad for cor crass asol prcs go up, wt sugar-basd taol lss compttvat currt sugar prcs. RctUtd Stats Dpartmt ofAgrcultur (USDA) stmatssow t sar of taol forful rsg from 31% of U.S.cor output 2008/9

to a projctd 40% 2010/11. icrasd dmad forg fructos cor syrup fromcoutrs suc as Mxco, as tysubsttut away from gr prcdsugar, also cotrbuts to grdmad for cor. Prospcts ofasg ts markt dpd partly

o t sz of t crops Lat

Amrca, partcularlyArgta, wcas b affctd byuusually dry watrdu to t La na ffct,ad t xtt of mportdmad from Ca 2011 as wll as ol adsugar prc trajctors.

T trasmsso

of gr global mazprcs s vard ad asdpdd sgfcatlyo domstc

arvst codtos.Coutrs Sub-Saara Afrca avbfttd from xclltmaz arvsts, wcav ld to a sarp fall prcs. T dclsfrom JuDcmbr2010 sow tabl1 com o t ls of vsarpr prc falls t arlypart of t yaro avrag,maz prcs wr lowr 2010 comparso to 2009 Ugada(52%), Rwada (37%), Kya(33%), Malaw (30%), etopa

(22%), ad Tazaa (19%).1howvr, ts prcs also xbtcosdrabl volatlty, wc asadvrs mpacts o bot producrsad cosumrs. For stac, aftra sarp dcl t arly partof 2010, maz prcs Rwadaav rboudd by 19% sc

Ju 2010.Svral Lat Amrca

coutrs saw t prc of mazrs dramatcally t last alfof 2010 as dry watr lowrdyldst largst crass wrwtssd Brazl (56%) adArgta (40%). hgr globalmaz prcs ar also passdtroug to cosumrs drctly

by rasg amal fd prcs,mat prcs, ad t prc of mayprocssd food catgors.

Global rc prcs avcrasd at a slowr rat taotr gras ad t outlookrmas stabl. T xport prcfor Ta rc as crasd by

8% (Ta 5%) btwOctobr ad Jauary 2011,ad 17% sc Ju 2010.Ty rma about 70%blow t pak racddurg t 2008 food crss.Followg good arvsts larg xportg coutrs,t dcso by tPlpps to lmt mports,ad t rlas of largstocks oto t markt by

Talad, prcs appar tob lvlg off. O factorlmtg t dowwardprssur o rc prcs arrct aoucmts bylarg mportrs suc asBaglads ad idosato sgfcatly crasdomstc stocks.

Domstc rc prcsav rs sarply somcoutrs ad rmadstady otrs. Tdomstc prc of rcwas sgfcatly gr Vtam (46%) adBurud (41%) btwJuDcmbr 2010.

idosa (19%), Baglads(19%), ad Paksta (19%) av

FEBRU

Wheat


7/12

February 28 - March 6 2011 7

c Wach

crasd l wt globalprcs. Ts Asa coutrs arlarg rc cosumrs, spcallyamog t poor. Rc prcs avcrasd Vtam dsptgood domstc arvsts. Ts sprmarly du to t dprcatoof t currcy, wc as fulld

ovrall flato ad xpctatosof gr dmad from largmportrs ad ld to t mmumrc xport prc bg rasdby t Vtams govrmt.Rc prc crass Sr Laka(12%) ad Ca (9%) av brlatvly modrat t scodalf of 2010, wl Cambodaad t Plpps t rtalprc of rc rmad larglyucagd durg ts prod.Rc prcs outsd Asa rmadstabl may coutrs, suc asCamroo, Guatmala, Mxco,Paama, ad Somala, durg tsprod.

Sugar ad dbl ol prcsav crasd sarply rctmots. Sugar prcs av rs

by 73% sc Ju du to supplysortfalls from Brazl, t largstxportr, ad watr socks Australa. Smlarly, dbl olprcs wr up o accout of aumbr of watr-rlatd socks.Prologd dry watr rlatd toLa na lowrd xpctatos ofylds Brazl ad Argta,wc togtr accout forrougly 45% of soyba xports.O t otr ad, floods soutr Malaysa ad idosaav drd palm ol arvsts.

Ts gr prcs fdtroug to domstc prcsquckly may coutrsforstac, sugar prcs doubld Camboda btw Ju adDcmbr 2010 ad dbl ol

prcs crasd by 15%

btw Sptmbr adDcmbr Afgasta.Svral coutrs avtrvd to tmpr tspass troug. i Algra,taxs ad mport duts osugar ad dbl ol wrsarply rducd Jauary2011 du to doubl-dgtprcs rss. i idosa,t govrmt as rducdtaxs o sugar ad crasdsubsds to local cookgol producrs.

Prcs of otr foodtms sstal for dtarydvrsty av rs maycoutrs. i ida, food

flato stood at18.3% Dcmbr partly

du to t gr prcs offruts ad vgtabls, mlk,mat, ad fs. i Ca,smlarly, food flato wasdrv largly by vgtabls(s fgur 3). i t scodalf of 2010, bas prcscrasd dramatcally Burud (48%), Camroo(43%), Kya (38%),ad Ugada (22%). iMogola, a outbrak oft foot ad mout dsas,coupld wt a svr wtrxprcd 2010,ld to a sarp cras mat prcs. Avragmutto mat prcs wr32% gr 2010compard to 2009.

Ts food prcrss crat a rag ofmacro vulrablts.O aspct s t mpacto domstc

food flato adovrall flato. Morta o-trd of tcoutrs eastreurop ad CtralAsa ad mor ta10% food flato

2010. Coutrs wt a gsar of t food ad rgymports fac currt accoutvulrablts. Ts cludTajksta, t Kyrgyz Rpublc,Gorga, ad Albaa eastreurop ad Ctral Asa, argo wr lmtg currtaccout dfcts s partcularlymportat followg t 2009facal crss. T fscal mpactof ts prc rss dpds o txtt to wc food tax rvuscras ad xpdturs omtgatg masurssuc as forsocal protcto programsarcrasd.

Our stmats suggst tat aaddtoal 44 mllo popl mayav fall to povrty low-ad mddl-com coutrs duto t rs food prcs scJu 2010. i ordr to assss tmpact o povrty of t cag food prcs t scod alfof 2010, w xtd a modl usdto stmat t mpact of t 2008food prc crss (s box 1 for tdtals). nt producrs of foodbft from gr prcs wlt cosumrs suffr. Our rsultssow tat xtrm povrty low-ad mddl-com coutrsmay av crasd by 44 mllopopl t trms as a rsult oft food prc crass btwJu ad Dcmbr 2010. Tsrflcts 68 mllo popl wofll blow t $1.25 povrtyl ad t 24 mllo t foodproducrs wo wr abl toscap xtrm povrty.

Tr ar utrtoalmplcatos rlatd to grfood prcs. hgr povrtys assocatd wt crasdmalutrto as poorr popl

at lss ad substtut away

from mor xpsv, utrtousfood ad to capr stapls.Ts utrtoal stbacks arpartcularly svr for fatsbtw t ags of zro ad twoas wll as prgat wom. Tcomplx lkags across foodmarkts also affct obstyfor stac, t crasddmad for g fructos corsyrup, as a substtut for mor

xpsv sugar, as publc polcymplcatos a coutry lkMxco, wr obsty s a srouspublc alt cocr.

Tr ar two factors lmtgt povrty mpact of t currtglobal prc spk. i maycoutrs Afrca, good arvstsof domstc cropslk maz,sorgum, mllt ad cassavaav lmtd t pass troug ofglobal stapl prcs ad allowdfor substtuto away frommportd wat ad rc somof t most vulrabl coutrs.Scod, sarp cotrast to 2008ad buoyd by good arvsts

Vtam ad Talad,t fudamtals t supplystuato t rc markt rmastrog. Rc s a mportatcommodty ot oly bcaus ts t prmary stapl for maydvlopg coutrs, but also

bcaus t

was t masourc of tc o ta g ot a tprcptatdt 2008crss wmay larg x p o r t r sbad tsxport.

T r ar svralsort- adm d u m -trm polcymplcatosof tsrct roudof food prc

rss.T r a r

crta kycommodty markts, suc as rc,wr formatoal ucrtaty(for xampl, of stocks ldby larg xportrs) ad pacbuyg may kp prcs fromfallg to t lvls xpctd byt good arvsts. T publcatoof rgular, accssbl data ostocks as wll as commtmtsby largr xportrs ot to mpos

xport rstrctos would lpmata stablty, wc s crucalto prvt furtr crass povrty. At t sam tm, saftyt ad utrtoal programs dto b scald up vulrablcoutrs ad t tratoalcommuty may d to focuso coutrs lk Afgasta,Burud, t Dmocratc Rpublcof Cogo, t Kyrgyz Rpublc,ad Mogola, to am a fw,tat ar facg larg prc spks.Coutrs tat ar larg tcommodty mportrs wt lowrsrv covr ad lmtd fscalspac wll d to b motord

to assss tr xtralfacg ds. T frqucyof xtrm watr-rlatd vtsovr t past yar ad tr mpacto food prcs udrscors tvulrablty of t poor toclmat cag. Ovr t mdum

trm, vstmts rasg

vromtally sustaablagrcultural productvty, clmatcag adaptato masurs, adfdg lss food tsv bofultcologs ar all cssary tomtgat t mpact of food prcvolatlty o t most vulrabl.Fally, ts spks udrscort mportac of fforts to rascoms of t poor so tat tyspd a lowr sar of trbudgts o food ad ar lssvulrabl to suc socks.

Box 1. estmatg t Povrtyimpact of Rct Food PrcRss

To quatfy t povrtympacts of t rct rs foodprcs, w us a global computablmodl (Global Trad Aalyss

Projct [GTAP]) wt a samplof 28 ousold survys wtdata o dvdual ousoldsxpdturs ad com sourcs.Ts atoal survys ar drawfrom low- ad mddl-comrgos from aroud t world adrprst 41% of t populatolvg ts coutrs (stabl 1).W us local food prccags for t commodtswr w av data for t JuDcmbr 2010 prod. For tcommodts wr t local

prc data do ot xst, w workout t pass troug of globalcommodty prc cags olocal prcs usg t sar oftat commodtys mport totalcosumpto. i t scod

stag of our calculatos, wapply t xpctd domstcprc cags to dtrm tcras t cost of lvg fort cosumrs ad t crasdprofts of t producrs.Combg ts two mpacts,w calculat t t mpact oac ousold ad dtrmwtr t as b trowto or lftd from povrty,dfd at t xpdtur lvlof $1.25 pr prso pr day.T rsults sow tat alfof our sampl, w obsrv acras povrty gratr ta0.5 prctag pots, ad gt coutrs a cras ofmor ta 1 prctag pot,cludg Tajksta, wrpovrty s xpctd to av rsby mor ta 3.6 prctag

pots, ad Paksta, wr t1.9 prctag pot cras povrty s mostly du to grwat prcs, wt t mpact ocosumrs far outwgg tbfcal mpact o mdumad larg farmrs. i cotrast, Vtam, povrty s xpctdto av dcld bcaus a largporto of poor ousolds art producrs of rc ad bftfrom tr g prc. Applygt populato-wgtd avragcras povrty to t totalpopulato low- ad mddl-com coutrs, w fr tatt rct rs food prcs mayav put 44 mllo popl topovrty ts coutrs. Tsrflcts 68 mllo popl wo fllblow t $1.25 povrty l adt 24 mllo t food producrswo wr abl to scap xtrmpovrty.

RY 2011

Sorghum


8/12

Opinion8 February 28 - March 6, 2011

FiVe dcads ago, Atpolos hulugagTaktak was a dstato of coc of waryrsdts t mtropols. For t plactms wt bg trs ad a watrfall tatcascads to a pod of watr tat srvs asa swmmg pool. hulugag Taktak

tmd wt popl ad tr s a lusgrry all aroud.now ts watrsd s all go ad t

dadly floods tat vst Atpolo s a tstamtto t loss of t bg trs tat provddot just sad to t wadrg folks but aprotcto of sort to t watr rsrvor tr.Blam t o ubrdld grd tat spawdt dadly cuttg of t trs for t llgalloggrs. Aftr 50 yars, Atpolo ad t rstof t tows udrat t suc as Morogad Bagoa ar ow udatd wtflas floods w t ras com.

Ad yt, w wr taugt to lov trswos roots bcom watrloggd w tras com trby prvtg t ost offlas floods. Asd from ts, t ug rootsof ts trs provd a buffr to t topsol

so tat ty ar ot carrd away by trawatr. As t trs wr flld o by oby t grdy llgal loggrs, t watrsdwas lost ad wt t t stord hulugagTaktak.

Ts sould ot b t cas. Tgovrmt sould tat a aggrssvstac towards prsrvg t watrsds.T Agat watrsd, for stac, souldb protctd lst t rampagg watrs brgdstructo to t commuts wt tara. T watrsd, aftrall, provds a kd ofprotcto to t watr-prsrvg caractrstcsof t bg trs.

Tr sould ba way by wc t

govrmt ca drawprvat sctor supportfor t prsrvato oft watrsds. Aftrall, ts watrsdsar part of a cologcalbalac tat assurs foodscurty. T Agat dam,for stac, provd tfarmg commutst srv Bulaca, tdd rrgato wt drougt coms. Trrgato capablty ofAgat dam s vry mucmportat assurg foodscurty.

i fact, t govrmt

sould v provd ctvs to toswo would mbark o a grg programtat wll protct t watrsds all ovr tcoutry. T watrsds ar a mportat cog surg food scurty. T vts tMddl east wr dspots bcom targts

of protsts sould srv to rmd us tat wsould provd for our ow food scurty.W caot, for so log, cotu to dpdo t rc farmrs of Talad, Vtam adCa.

T govrmt sould rac out tobusss assocatos, local govrmtuts ad o-govrmt orgazatos, tacadm ad pla folks so tat a mastr plaad stratgy ca b craftd for t protctoof t watrsds. T govrmt cav offr ctvs tat wll sur tprotcto of t watrsds.

W av to do ts nOW. For tfrmt t Mddl east ad t clmatccag all aroud us sgfy t mportacof food scurty. Wt watrsds w ca bprtty sur tat our ow rrgato faclts

ar o ad to lt our farmrs doubl trarvsts. T watrsds also protct ourwatr sourcs tat could coutr svrdrougts.

it s my cotto tat food scurtysould b of paramout cocr for tgovrmt.

Ad t watrsd s a stp towards tsgoal.

Lt us t jo ads, ut ad protctwatrsds.

When pssmsm appard to start takg t bttr of most Flpos t cas of t tr Flpo drug muls stcd to dat Ca,Prsdt Aquo surprsd may wt s optmsm, ak to t famouswords uttrd durg t Amrca Cvl War: Dam t torpdos, fullspd aad.

i am tryg to st up a po covrsato wt Prsdt hu Jtaoto mak a appal for t commutato of t dat stcs, toldrportrs last wk. As of ow [Fbruary 16], ty [Bjg] av otsgfd wllgss to accpt t po call. But w tk our rqusts vry, vry rasoabl. it s tm for tm [Ca] to dmostrat trprooucd statmts of mprovd closr blatral ts. Ts wll b a tst[of tat].

Lk Adm. Davd Glasgow Farragut wo ordrd s boat full stamaad spt of t ttrd ms (t kow as torpdos) tat provdto b a crucal pot t Amrca Cvl War, t Prsdts optmsm ddt day for t rprv wo for t tr Flpos add for xcuto.Tat stay of t xcuto, wo troug t fforts of Vc Prsdt Jjomar

Bay, at last, warmd t arts of t famls of t covctd drugmuls. evry Flpo ops for a appy dg to ts drama, of cours,but watvr apps, wat sould stad out s tat t two top offcals oft coutry dd vrytg ty could to lp.

O Fbruary 18 t Prsdt also sparadd a atowd call forprayr: T tr Flpo ato s utd appalg for lcy bfort top offcals of t Popls Rpublc of Ca, so tat our coutrymwo wr mtd out t dat palty may b gratd clmcy. W ardog vry possbl ffortt latst of wc was my lttr of appal tot Prsdt of Ca, plus t trp of Vc Prsdt Jjomar Bay to tsam coutry wr our tr kababaya awat a most dsrd acto: Stayt xcuto.

W av b told svral tms tat tr s o mor op, but iblv tat wl tr s stll tm, op sprgs tral t atosbrastad w wll susta our fforts to gt clmcy or rprv for SallyVllauva, Ramo Crdo ad elzabt Bata. Our op stms from ourarlr succss w our cssat appal to t ladrsp of Ca adrsultd t govrmt gratg a rprv to Myra Sa Pdro ad

estla Capuog. W publcly tak Cas ladrs for tmprg justcwt mrcy. W blv w av foud a soft spot t arts of Casrakg offcals.

T Prsdts optmsm also sows t way dspatcd asmssary to Tawa s vc-prsdtal tammat, Mar Roxas, to try toplacat t Tawas autorts o t faux pas commttd rgardg tdportato of 14 Tawas to Ca. T fact rmas tat t fac ofsmg oplssss, t Prsdt trd to do s utmost to sur tatvrytg would tur out wll.

Ts full-stam-aad kd of statcraft s also wat s at play w tPrsdt statd tat as ordrd tat t corrupto prob t mltarycotu. Tr ar tos wo may fault t Prsdt for s smglack of vsbl actvty trms of t coomy, s prooucmts adotr mattrs of t stat. T fact rmas, toug, tat t s possbl tatt Prsdt smply wats to mov udr t radar, rfusg to tlgraps movs byod wat ad st fort as a ky foudato: t daagmatuwd. Ayway, as log as stat agcs dlvr o tr assgdtasks, tat s all tat mattrs.

PhL ATMs at rskMay of t coutrys ATMs (automatd tllr macs) ar vulrabl

to skmmg ad otr cybr frauds tat could rsult ug moy losssfor lgtmat ATM usrs. Scurty xprts say som of t ATMs of bgbaks ar suscptbl to ackg ad otr crmal actvts smplybcaus t cards srtd ts moy macs ar stll cosdrdlow-tc. T xprts rasd t alarm wt t coomc ucrtats owgrppg t glob tat could rsult mor crmal actvts.

Accordg to t xprts, som of t ATMs t coutry stll us tso-calld magtc strps, wc s vry vulrabl to ackg. Asd fromts, ts mag-strps stll us t so-calld Data ecrypto Stadard(DeS) wc as b foud to b op to skmmg ad otr ackgfrauds.

Wat baks ow d s t Trpl DeS, wc, altoug slowr tat DeS, s a bllo tms safr ad scur. T warg o t d tomgrat to Trpl DeS as b ard svral wb-st fora.

Scurty xprts sad, t w orm ow s t us of mbddd cpstat ar ow t stadard europa coutrs. Ts ar mat to curtal

t fforts of cybr crmals wo vctmz t ATM usrs.Trpl DeS, toug, t xprts sad, s stll allowd, ad tr s a

d for t bg baks t coutry to rtool tr ATMs to coform wtt w scurty faturs dd ts moy macs.

Udr t Trpl DeS, t procdur for crypto s muc t samas tat of t DeS but t s rpatd tr tms to forstall ay ackgactvty. Ts s t raso for t Trpl DeS am.

Wt t, t data ar cryptd wt t frst ky, dcryptd wt tscod ky ad fally cryptd aga wt t trd ky. Tus, t scurtyorm rus tr tms slowr ta tat of t stadard DeS but s muc morscur. Ts s a mgty problm for t Bagko Stral g Plpas (BSP)sc t dploymt of ATMs wt t scur kys ma addtoal costsfor t baks. But t BSP sould sst o t saf ad scur ATM modssc t falur of t baks to mgrat to ts safr varatos may t tPlpps ard trms of a dowgrad from forg bakg sttutos.Tat could t ard t Plpp bakg systm makg t a facalpara, somtg utkabl for t coutrys coomc maagrs.

Bagko Stral sould go full stam aad.

eDiTORiAL

View from the EastBy JeSUS t. tAnCHAnCO SR.

The Presidents optimism

Proc warshds

LitO U. GAGniedtor

CeFeRinO M. ACOStA iiinws

JAMeS U. GAGniRsarcr

RAMiL t. SARMientOLayout

RAUL S. GOnZALeZ, BeRnARDO PACHeCO,ALFReD SAntiAGO JR., GeORGe t. SiY

Cotrbutg edtors

Busss Mattrs s publsd vry Moday by Gradbooks Publsgic. wt dtoral ad busss addrss at 50 M.R. Flors St. ext.,

Sto. Rosaro Kalura, Patros, M.M.Tlpos: (632) 628-43-48 Fax: (632) 628-38-82

e-mal: [email protected]


9/12

Stocks February 28 - March 6, 2011 9

Shang Properties, Inc. (SHNG)Cas Dvdds

T dclarato of P0.03852 pr sar cas dvdd to all saroldrs of rcord as of 15, Marc 2011,to b tak from t urstrctd rtad args as rflctd t audtd facal statmts of t issuras of Dcmbr 2010, to b pad o or bfor 31, Marc 2011

CASh DiViDenD:CASh - P0.03852 pr sareX-DATe - Marc 10, 2011ReCORD DATe - Marc 15, 2011

PAYMenT DATe - O or bfor Marc 31, 2011

Plx mg corporatoGtlm:Plas b formd tat t mtg of t Board of Drctors of

PhiLeX MininG CORPORATiOn ld o Wdsday, Fbruary23, 2011, t Board approvd t followg

1. Dclarato of cas dvdds as follows:Amout: Sxt Ctavos(P0.16) pr sar

Rcord Dat: Marc 10, 20111Paymt Dat: Aprl 5, 2011

2. T scdul for t 2011 aual stockoldrs mtg, asfollows:

Dat:Wdsday, Ju 29, 2011Tm:2:30 PMVu:Dust Ta hotl, Ayala Ctr, Makat CtyCASh DiViDenD:CASh - P0.16 pr sareX-DATe - Marc 7, 2011ReCORD DATe - Marc 10, 2011PAYMenT DATe - Aprl 5, 2011

Chia Bak 2010 profis up 22% o P5.0 BChinA Bakg Corporato(Ca Bak, stock symbol ChiB),rportd robust gas 2010. TBaks audtd t com fromJauary to Dcmbr mprovd by22.0% to P5.0 bllo. Ts strogcom prformac was drv

by rvus from cotud loasgrowt ad mprovd tradg gas.F-basd bussss suc as bacassurac, prvat bakg, casmaagmt ad rmttacs alsocotrbutd to t args growt.

Ca Baks 2010 facalratos udrscor ts sustadproftablty 2010: rtur o qutyof 16.69% from 15.36%, rtur oassts of 2.15% from 1.90%.

2010 was a yar of dyamcgrowt for Ca Bak. Wcotud to pursu our aggrssvxpaso program bracopgs, ATMs ad vxcdd our

com targt of P4.4 bllo,sad Ca Bak Prsdt & CeO,Ptr S. D.

T Baks total rvusgrw to P17.89 bllo. nt trstcom mprovd by 4.8% to P8.63bllo as trst xps dcrasdby 11.5% du to lowr borrowgrats. F-basd com crasdby 14.0% to P4.68 bllo, boostd

by gr tradg gas, wc grw47.4% to P1.75 bllo.ev as ts brac xpaso

program was full swg,prudt xps maagmt kptopratg xps growt to 2.48%.Ca Bak cotud to b o oft most cost-ffct baks tdustry wt a cost ffccy ratoof 53.5% from 56.3%.

Total assts grw 10.0% toP257.47 bllo. Gross loa portfolofrom customrs

xpadd by 10.6% to P113.7bllo du to gr corporatborrowgs, brgg t

rato of t loas to total asststo a alty 40.9% 2010 from40.4% 2009. Wt adquatprovsos for probabl losss

alrady t books, CaBak rducd ts

loa-loss provsos by37.4% to P496 mllo. Stll,t Baks loa loss covragrato

rmas to b amog t

gst at 128.7%Low cost fudg mprovdby 22.5% as cckg ad savgsaccouts (CASA) dpost cotudto buld up 2010, racg P71.82bllo. Total dposts grw 10.2% toP213.04 bllo. T sar of CASAto total pso dposts mprovd to44.8% from 41.6%.

Ca Baks facal postormas sold wt total captalfuds of P35.45 bllo, up by P5.09bllo. Ts traslats to a captaladquacy rato of 16.26%, stll oof t strogst t dustry.

Ca Bak, wc clbratdts 90t avrsary August,2010, s t frst prvatly-owdcommrcal bak t Plpps.Ca Bak was lstd o t local

stock xcag 1947 ad acqurdts uvrsal bakg lcs 1991. i 2009, Ca Bak wasamog 11 Plpp compas(o of oly two Plpp baks) top 100 ASeAn compas t Str Stwart Rlatv Waltidx -- wc outprformd trprs of publcly- lstd compas cratg walt for saroldrsfor t prod 2002-2008. StartgMay 11, 2010, Ca Bak jos

t 30-stock PSe dx (PSe).As a rsult of Ca Baks soldfacal prformac, FtcRatgs oc aga affrmd ourfacal strgt ratg of AA-o t natoal crdt ratg scal,o of t gst suc ratgs t coutry. Ca Bak provdsa wd rag of bakg srvcstroug ts 269 bracs ad 440ATMs atowd to dat (cludgCa Bak Savgs).

Empire East to launch

4,700 homes worthP12 B for 1H 2011MiDDLe-inCOMe proprtydvlopr empr east Ladholdgs ic. wll roll out atotal of 4,700 rsdtal uts,wort P12 bllo, for t frst sxmots of 2011.

empr east, t dvloprof t succssful Lagua BlArtowsp t Soutad svralrsdtal codomum adtrast-ortd commuts Mtro Mala, s makg a forayto urba rsdtal rsortdvlopmt wt ts w projct,Kasara Rsort Towrs.

T projct, locatd ar C-5Road Bagog Ugog, PasgCty, sowcass clos to 2,000rsdtal uts a atur-flldsttg wt ladscapd grry,varous watr faturs ad wd,op spacs.

Kasara Rsort Towrs wlloffr a modr ad rlaxgrsort lfstyl to mddl-com Flpo famls, sadempr east Prsdt AtoyCarlmag Yu.

T projct's rcratoaldck s fully ladscapd wtpalm trs ad tropcal plats.T swmmg pool complx

boasts wt bac sad, adfaturs a multpurpos all at tvry ctr. Otr play amtsclud a bac vollyball court,basktball court, ts court,suk bar ad gym.

Asd from offrg prmlsur attractos, t famly-frdly projct makssafty aprorty. Dsgatd vculardrop-off aras ar locatd bfort trac tot carpark buldgto mmz t rsk of accdts.

empr east s also laucgw pass ts ogog

projcts across MtroMala:Gr Club Towrs LttlBaguo Trracs, Mapl hgts PorWoodlads, MadsoPlaza Towrs Sa LorzoPlac ad Ctral Park Cambrdg Vllag. empreast's otr w projcts cludT Rocstr Pasg Ctyad T Sooma Sta. Rosa,Lagua.

Our cofdc lvl tral stat sctor s vry g,sad Yu. Our w projcts wllabl Flpo famls to owqualty, budgt-frdly oms t vry bst locatos.

Flvst Lads Capxbudgt ts P12 bllo

FiLinVeST Lad, ic. (FLi)aoucd tat t s mor tadoublg ts captal xpdtur(capx) budgt for 2011 to Pp 12bllo ordr to mt t dmadsof ts fast growg bussss.

T bggst porto oft capx budgt wll b fort rsdtal projcts of tCompay, wc grw by 42% 2010.

Costructo works forMRB projcts ar gog o fullblast. At O Oass Ortgas, tlast of t trt (13) buldgsbga costructo Jauaryof ts yar. Fv buldgs avalrady b compltd ad twomor ar arg complto,aad of scdul. At Bal Oass,two buldgs av alrady bcompltd ad t trd targtd tob fsd July ts yar, wtcostructo o t fourt adlast buldg commcg wtt yar. Dow sout, O OassDavaos frst tr buldgs avb compltd ad costructoof t fourt buldg wllcommc wt t frst alf ofts yar. Buldg costructo

Sorrto Oass, Capr Oass, MauOass ad O Oass Cbu ar alsobg fast trackd.

FLi wll also start costructgt frst buldgs two rsorttow commuts wt t 40-ctar rsdtal scto of Cttad Mar, calld Amalf Oass adSa Rmo Oass.

Amalf Oass ad Sa RmoOass ar t latst addtos toFLis md-rs buldg (MRB)projcts. FLi currtly as (9) MRB projcts tat avb aoucd or ar udrcostructo. All of FLis MRBsar udr t Oass srs, wtO Oass Ortgas, Bal OassMarcos hgway, Mau Oass Sta.Msa, Sorrto Oass Pasg ad

Capr Oass Pasg Mtro Mala,tr (3) Mtro Cbu (OOass Cbu, Amalf Oass ad SaRmo Oass), as wll as O OassDavao. Ts yar, t plas to startdvlopmt o two addtosto t Oass srs, amly

Bal Oass 2,ad Blz Oasswt MtroMala.

FLi wllalso commccostructo ofT Lar, tstwo towr g-rs rsdtalprojct locatd

at t corr ofMalugay, Yakalad MayapsStrts Makat Cty. T Lars FLis frst g-rs rsdtalprojct Mtro Mala.

FLi Prsdt ad CeO JospM. Yap dsclosd tat ts yar,FLi wll also start t xpaso oft Fstval Suprmall FlvstCorporat Cty, Alabag, tdvlopmt of il Corso, t rtalcompot of Ctta d Mar tSout Road Proprts Cbu, aswll as t costructo of morBPO offc buldgs. Currtly,FLi s compltg t costructoof Vctor 2 wc wll brg totwlv t umbr of FLis BPOoffc buldgs wt nortgat

Cybrzo Flvst CorporatCty.il Corso s t 10.6 ctar

watrfrot lfstyl strp of Cttad Mar tat wll offr a wdrag of rtal, food, trtamtad sasd lsur actvts.Pas 1 of t dvlopmtcovrs 4 ctars ad wll cluda boardwalk, bacfrot rtalspacs, rstaurats, a 2,500 squarmtr xbto tt ad a 4,500squar mtr sadbox tat mayb usd for sports lk bacvollyball.

Our capx budgt for 2011wll support t projct laucstat w ar targtg ts yar,as wll as projcts w laucdprvously. W wat to grow

bot t rsdtal dvlopmtbusss ad t lasg portfoloof t Compay, ad ts tals asgfcat vstmt, addd Mr.Yap. Our capx wll b facdby trally gratd fuds, aswll as addtoal borrowgs, f

cssary. FLi s a vry strogfacal posto. Our dbt-to-quty rato was oly at 0.31:1 adt dbt-to-quty rato at 0.25:1as of t d of Sptmbr 2010.Tr s a lot of room to gar upad w ca draw o our avalablbak crdt ls.

FLi arlr aoucd tatt s targtg to lauc aroudPp13 bllo wort of projcts 2011, from 17 w projcts ad24 addtoal pass of xstgprojcts. Ts s 25% mor ta tvalu of projcts laucd 2010.Targtd laucs for 2011 cludfour (4) w socalzd ousgprojcts, sx (6) w affordablousg projcts ad two (2) wmd-rs buldg (MRB) projcts.T projcts targtd for laucts yar ar quvalt to ovr14,000 uts, almost doubl tclos to 7,300 uts laucd 2010.

FLi s also plag woffrgs wt FLis xstgtowsp dvlopmts. nwsocalzd ad affordabl ousgprojcts ar plad wt Cudadd Calamba Calamba, Lagua,as wll as w rsdtal clustrswt Tmbrlad hgts Sa Mato, Rzal ad havla Atpolo ad Taytay, Rzal.

FLi as also laucdtwo rsdtal projcts wt

Flvst Corporat Cty. StudoCty s maly targtd for tosworkg t BPOs wtnortgat Cybrzo wl TLvls s a mddl-com projctlocatd at o of t gst potsof Flvst Corporat Cty.


10/12

Motoring10 February 28 - March 6, 2011

Bahrai wihdraws F1 2011 saso opr

Prii is the plural of PriusTOYOTA Motor Sals (TMS), USA, ic. aoucd tatt gral publc as slctd 'Pr' as t prfrrd pluraltrm for Prus.

T Prus Gos Plural votg campag was laucdo Jauary 10 at t nort Amrca itratoal AutoSow Dtrot ad callgd t publc to lp tautomakr dtrm t plural omclatur of Prus.

T campag cocdd wt t world prmr oft Toyota Prus famly of vcls. Wt 25 prct oft vots, Pr bcoms t word ot oly dorsd byt publc wo cos t, but also as t trm rcogzdby Toyota.

As suc, Dctoary.com as updatd ts try for tword 'Prus' to rflct ts.

Toyota uvld t wg word at t rctlyld Ccago Auto Sow. Jay Scwartz, ad of cottfor Dctoary.com, was o ad to form t publc tat,as t plural of Prus as ow b dtrmd,t trm 'Pr' wll b rflctd Dctoary.com.

Aftr t mor ta 1.8 mllo vots wrcast durg t cours of t sx-wk campag,Pr bat out ts four compttors: Prus, Pruss,Prum ad Pr.

Prus cam at a clos scod wt 24prct of t vots.

"Commuty as always b a bg part oft Prus brad, so t was oly fttg tat w vtt ol commuts to partcpat t pluraldscusso," sad Col Morsako, advrtsg

maagr for Toyota. "T popl av spokPr wll b t accptd trm usd to dscrbmultpl Prus vcls gog forward."

T plural of Prus as sparkd dbatssc t lauc of t vcl 10 yars ago. nowtat t Prus famly as grow, Toyota askdts customrs ad fas to lp t compay dcd

o a trm to dscrb t plural of Prus vcls, tusaswrg t dcad-log qustowat do you callmor ta o Prus?

Ol votg moduls abld t publc to vot fortr prfrrd plural of Prus as wll as vw ral-tmpollg data.

T campag also faturd a amatd vdo, prtads ad a wb srs ostd by Jams Lpto, ost ofisd t Actors Studo ad autor of A exaltato ofLarks.

Wt t xpaso of t Prus famly to clud tPrus Plug- hybrd vcl (PhV), Prus v ad Prus ccocpt, Toyota ops to furtr cras accptac oft Prus brad by offrg a wdr slcto of vclstat ac mata Prus' cor valus of g ful coomy,low mssos, prov gas-lctrc ybrd tcology advromtal stwardsp.

Changes to Formula1 tech rules in 2011The Fdrato itratoal d l'Automobl (FiA) as ssudtccal cags for 2011 tat ar bg troducd to cras tamout of ovrtakg durg a rac.

T FiA as ackowldgd tat rgulatos cocrg som oft w compots may av to b rvsd latr suc as w tywll b avalabl lctrocally to a drvr to sur tat t matasts objctv of makg t rac as xctg to fas ad vwrs as

possbl.O of t prmary cags to to cras t amout of ovrtakg

s t rmoval of t drvr-adjustabl frot wg of 2010, rplacd bya drvr-adjustabl - but FiA rgulatd - rar wg.

T rar wg wll just av two sttg tat wll cras t gapbtw t ma pla ad t flap from 10-15mm to 50mm.

T gap cras wll rduc drag sgfcatly ad mprov topspd.

it us durg t rac s rstrctd ad a drvr wll kow tsavalabl for s us troug a dasboard lgt. T systm dactvatsw rlass t butto tat wll tur t o or w ts tbrak pdal.

Aotr cag tatd by t FiA s t rmoval of tcotrovrsal F-duct foud sd t drvrs cockpt. Ts mastr wll b o mor ols t coduct wc a drvr ca blockto fluc ow ar flows ovr porto of t vcl ad altr rsarodyamc caractrstc.

Braw GP ad pord t cocpt of usg doubl dffusrs 2009 wc pavd t way for t tam ad ts drvr t JsoButto to w t drvr ad tam camposps.

i 2010, vrybody ad tm ad t 2011 ruls mak t clar tattr must b o gap btw rfrc pla, stp pla ad dffusr,so o mor bg ols t udrbody.

Sgl, blow dffusrs ar stll allowd, but rgardlss, tproporto of dowforc gratd by t dffusr wll b far lowr.

Gov't to rplac trafffc lgts wt LeDThe govrmt wll rplactraffc lgts Mtro Mala wtlgt mttg dod (LeD), a morffct rgy lgtg udrfudg of t Asa DvlopmtBak.

"W ar st to rplac traffclgts of Mtro Mala to LeD,aroud 159 trsctos," ergyUdrscrtary Lorta Ayso toldrportrs.

T traffc lgt LeD projctwll b udr t Plpp ergyeffccy Projct (PeeP) wcams to provd drct coomcbfts to t coutry by rducgrgy dmad ad dsplacgmportd ful.

Amog t compots tatform part of t PeeP projct argovrmt rtrofttg, publclgtg rtroft, xpaso ofrgy ffccy lablg, lampwast faclty, supr eSCO (ergySrvc Compay), gr buldgtatvs ad commucato, adsocal moblzato.

"T PeeP s a projct tat wllpay for tslf troug savgs trmsof rducd rgy cosumpto,rducd ful mportato, dfrrd

powr capacty addto adaddtoal args du to tradgof carbo rducto mssos.G o v r m trsourcs ca vrywll b allocatd tootr prorty programsof govrmt," t Doeoffcal sad.

Ayso sad tLeD bulb supply s

ow "up for bddg."T LeD bulbs wll bgv to t localgovrmt uts forfr.

LeD traffcsgals av svraladvatags ovrtradtoal cadsct typof traffc lgts bcaus t joys alogr lfspa wt low wattag.

T Quzo Cty govrmt slookg at rplacg ts strt lampswt LeD ts yar wc would cuttr lctrcty cosumpto by alf.

T dpartmt s alsoudrtakg a compact fluorsctlamps (CLF) rtrofttg projct wtt ADB tat would bft at last 35govrmt-owd buldgs.

ergy Scrtary Jos RAlmdras sad ty xpct

to spd aroud P124mllo fort CFLrplacmt

projct but tswould rdoud to

a P22 mlloa yar savgso lctrcty.

T d p a r t m t

sad lgtgaccouts formor ta 50

prct of tvg pak

load t ruralPlpps ad t

us of prov tcology ffctlgtg ca rduc ts dmad by40 to 80 prct.

T rplacmt of cadsctbulbs wt CFLs wll rducpak dmad by 400 mgawatts,rduc ol mports by0 mllo acyar, grat cla dvlopmtmcasm rvus of aboutmllo for 2010 to 2012 ad crata rgy ffct markt. (PnA)

Customs losing billionsto undervalued importsThe hous Commtt o Ways ad Mas wll prob t allgdcovac of offcals of t Burau of Customs, ad maufacturrsad dstrbutors of mportd vcls udrvalug of taxs ad dutsassssd o mportd vcls sc 2007 wc mas bllos of psos lost rvus for t govrmt.

Rp. hrmlado Madaas (2d Dstrct, Batagas), CommttCarma, sad t prob wll b udrtak by t Subcommtt

o Customs basd hous rsoluto 709 fld by Rp. MlagrosMagsaysay.

Magsaysay arlr calld for t submsso of paymt rcords oft BOC ad car dstrbutors for comparso to cck t udrvaluatocargs ad dtrm wat t BOC as do to addrss t ssu.

T BOC Commssor caot b abst durg t probbcaus w wat to kow f t BOC as pluggd t loopols alradyotrws ads wll roll at t BOC, Magsaysay sad.

i hR 709, Magsaysay sad s rcvd rports tat somtm lat 2006 ad up to t prst tm, vcls mportd by Toyota,Mtsubs, nssa ad t otr mmbrs of t Cambr ofAutomotv Maufacturrs of t Plpps, ic. (CAMPi) wr otproprly assssd by t BOC of tr taxs ad duts w rlasdfrom t customs zo, c tr paymts of taxs ad duts wrudrvalud.

S also rcvd rports tat dstrbutors of vcls suc asMrcds Bz, Jaguar, BMW ad otr luxury vcls of t samcatgors dd ot pay t propr taxs ad duts tat sould av bslappd o tr mportd vcls trby rsultg t udrvaluatoof taxs ad duts.

The Bara itratoal Crcut(BiC) aoucd tat t Kgdomof Bara would wtdraw fromostg t opg roud of t2011 FiA Formula O WorldCamposp so tat t coutryca focus o ts procss of atoaldalogu.

Baras Crow Prc -hRh Prc Salma b hamadAl-Kalfa - tatd a w atoaldalogu volvg all sctos ofBara socty ordr to rsolvt currt poltcal stuato t Kgdom. earlr, t CrowPrc formd Formula OsBr ecclsto of t BiCsdcso by tlpo, Formula1.com sad.

hRh Prc Salma sad:At t prst tm t

coutrys tr attto s focusdo buldg a w atoal dalogufor Bara.

Altoug Br ecclstoad gracously mad clar tat adcso o t rac was trly

Baras to mak ad was ot ytrqurd, w flt t was mportat fort coutry to focus o mmdatssus of atoal trst ad lavt ostg of Baras Formula 1rac to a latr dat.

i would lk to xtd myprsoal grattud to Brecclsto for s support adudrstadg.

Aftr t vts of t pastwk, our atos prorty so ovrcomg tragdy, algdvsos ad rdscovrg tfabrc tat draws ts coutrytogtr; rmdg t worldof t vry bst tat Bara scapabl of as a ato oc agautd.

Carma of t Baraitratoal Crcut, Zayd R.Alzaya sad:

Baras Grad Prx s atm of clbrato ad ostgt rac s a sourc of grat prdfor Bara ad Baras. it s asowcas to t world ad w lookforward to wlcomg t tamsad drvrs ad vryo volvd Formula O back to Bara t vry ar futur.

i op tat F1 ad our frdsaroud t world wll udrstad

our dcso at ts dffcult tm.Followg t Crow Prcsdcso, Br ecclsto sad:

it s sad tat Bara as adto wtdraw from t rac, wws t wol ato wll as ty

bg to al tr coutry.T osptalty ad warmt

of t popl of Bara s aallmark of t rac tr, as

ayo wo as b at a BaraGrad Prx wll tstfy. W lookforward to bg back Barasoo.

no dcso as b mado a w dat for t rscdulgof t rac, wc was du to takplac from Marc 11t to 13t.

Prius


11/12

Technology February 28 - March 6, 2011 11

iPad propels Apple to top mobile PCSURGinG Pad spmts avproplld Appl to a 17.2 prctsar of worldwd mobl PCspmts t last quartr of2010.

Prlmary rsults of t

DsplaySarc Quartrly Mobl PCSpmt ad Forcast Rport, Applsppd mor ta 10.2 mllootbook ad tablt PCs combd,arly a mllo mor uts ta hPfor t sam quartr.

Wl Appls Pad s bftgfrom a frst-movr advatag,partcularly matur markts, tsotbook PC spmt growt ratcotus to xcd t dustryavrag.

Wl w atcpat crasdcomptto t tablt PC marktlatr ts yar wt t troductoof Adrod hoycomb-basdtablts, Appls Pad busss scomplmtg a otbook lwos spmts wdly xcd tdustry avrag growt rat, sadRcard Sm, Sor Aalyst at

DsplaySarc.Appl s currtly bftg

from sgfcat ad comprsvgrowt from bot sctors of t moblPC spctrum, otbooks ad tabltPCs. Cabalzato sms lmtd at

ts pot, Sm sad.Amog t top fv brads t

mobl PC markt, Tosba was toly otr compay to xbt yar-o-yar spmt growt.

Tosbas spmts crasd15 prct yar-o-yar, to ovr 5.1mllo uts t last quartr of 2010,as t matad ts umbr 5 posto markt sar.

hP, Acr Group (cludg Foudrspmts), ad Dll took t scod,trd ad fourt postos, rspctvly.T top fv brads accoutd for 65.4prct of t total mobl PC markt.

i Q42010, worldwd moblPC spmts (cludg tablt PCs)racd 59.6 mllo, up by gtprct for t quartr-o-quartrad 17 prct for t yar-o-yarcomparso.

T growt of otbook PCspmts, xcludg tablts, waswak t last quartr but wt upfour prct o a quartr-o-quartrcomparso ad o prct for tyar-o-yar.

T DsplaySarc QuartrlyMobl PC Spmt ad ForcastRport covrs t tr rag ofmobl PC products sppd worldwdad rgoally. Covrg global adrgoal brads, t Quartrly MoblPC Spmt ad Forcast Rportprovds a objctv, xprt vw oft markt wt sgt to storcalspmts, rvus, forcasts admor.

Sc 1996, DsplaySarc asb rcogzd as a ladg globalmarkt rsarc ad cosultg frmspcalzg t dsplay supply ca,as wll as t mrgg potovoltac/solar cll dustrs. DsplaySarcprovds trd formato, forcastsad aalyss dvlopd by a globaltam of xprcd aalysts wtxtsv dustry kowldg.

GPS is a gif from abovWhiLe drvg a ufamlar cty, most popltak t structos from tr Global PostogSystm (GPS) dvc for gratd vr pausgto wodr ow t dsmbodd voc kows trdstato s just two lft turs away.

But GPS, fact, s a marvl of spac-basdtcology as spac.com rportd rctly. TGPS rcvrs cars ad smartpos calculatlocatos, vlocts ad drctos basd o sgalspgd out by a costllato of 24 satllts orbtgtousads of mls abov eart.

GPS bga ts lf as a strctly mltarytcology, ad to ts day t Utd Stats Ar

Forc oprats ad matas t satllts. But GPSas ow floodd to t vryday lvs of bllosof popl aroud t world, lttg tm kow wrty ar at ay momt ad ow to gt to a bttrplac.

T Ar Forc matas a costllato of atlast 24 workg GPS satllts, ac orbtg about12,500 mls (20,117 klomtrs) abov t eart'ssurfac. Ts satllts, wc crcl t platvry 12 ours, mt cotuous avgato sgals.

Rcvrs o t groud sag ts sgals outof t ar, usg tm to calculat tm, locato advlocty wt g accuracy. T tcology asalso foud ts way to may sprs of modr lf,lpg sctsts mark tr fld sts ad assstgdlvry compas trackg packags.

T roots of GPS tcology dat back to WorldWar ii, w t US ad Brts avs dploydavgato systms tat usd groud-basd radosgals. But t da rally got off t groud w

t Sovt Uo laucd Sputk t world'sfrst artfcal satllt 1957.

Just days aftr Sputk's lauc, Amrcasctsts otcd tat ty could ppot tsatllt's locato basd o t Dopplr sft of tsrado sgals a masur of ow t wavlgtssmd to strtc out or cotract dpdg o tsatllt's movmts.

Ts got t rsarcrs tkg aboutcratg a spac-basd avgato systm. i tlat 1950s, ty bga dvlopg ad tstg

satllt avgato tcology, ad t US navydployd t opratoal Trast satllt systm t 1960s.

T, 1973, a group of Ptago offcalsdcdd to crat a "dfs avgato satlltsystm," layg t groudwork for a systm calldnavstar-GPS wat w ow kow smply asGPS.

T US Ar Forc st t frst GPS satlltto orbt 1978, ad may otr laucs followdovr t yars.

By t arly 1990s, t systm was fuctog,ad ts capablts wr dmostratd durg t

frst Gulf War. Alld troops rld avly o GPSto avgat t faturlss Araba dsrt, Ar Forcoffcals av sad. By 1995, t 24t GPS satlltwas posto, markg t systm's arrval at fullopratoal capacty.

GPS satllts sd out two sgals o formltary us ad o for cvla applcatos. it arly yars, t cvla sgal was ttoallydgradd for atoal scurty purposs. But tatcagd 2000, w Prsdt Bll Cltoordrd t dgradato turd off, makg cvlaGPS muc mor accurat. T dcso as lpdGPS bcom a mor rlabl tool for prvat ctzsall ovr t world.

T capablts of GPS ar costatlymprovg, as t Ar Forc laucs wr, moraccurat GPS satllts o a rgular bass. T USfdral govrmt s commttd to provdg ammum of 24 opratoal GPS satllts o orbt,95 prct of t tm. Tr ar currtly mor ta

30 satllts up, provdg som marg for rror.Wl GPS s t most wdly usd systm

aroud t world, t's ot t oly spac-basdavgato twork out tr. Russa as ts Gloasssystm, for xampl, wc t Sovt Uo bgato dvs back t 1970s.

T europa Uo s plag a avgatosystm calld Gallo, ad Ca as alradylaucd multpl satllts for ts Bdou("Compass") systm, wc t ops to avopratoal by 2012.

Standby, hibernate modecan save on energyCOMPUTeR usrs ca sav rgy ad moy wt t rgt computrsttgs for stadby ad brat.

Computrs sould b cofgurd to automatcally swtc off trdsplay aftr 15 muts of dl tm, accordg to t Saxoy CosumrAgcy Lpzg, Grmay.

no logr ta 20 muts latr, ty sould cag to stadbymod, followd by brat mod aftr 40 muts, wc savs vmor rgy.

notbooks battry oprato sould b cofgurd to tur off tdsplay aftr just 5 muts, cag to stadby mod aftr 10 muts,ad brat aftr 20 muts. Udr Wdows, t sttgs ar mad t Powr Optos mu, wc s locatd at Start, Cotrol Pal.

ev cuttg dow o sarc g us ca lp sav som rgyad protct t vromt. A sgl Googl sarc s sad to cosumabout as muc rgy as a four-watt low-rgy lgt bulb a our.

Gv ts formato, surfrs sould bookmark frqutly usdwbpags ad accss tm ts way ratr ta callg tm up va asarc g.

US Navy makes first electronic launchThe Utd Stats navy madstory o Dcmbr last yar wt laucd t frst arcraft usg telctromagtc Arcraft LaucSystm (eMALS).

Ts tcology wll rplac tstam catapult systm rld o formor ta 50 yars to lauc arcraftfrom carrrs. nwr, avr adfastr arcraft wll rsult laucrgy rqurmts approacgt stam systm's lmts.

eMALS s a complt carrr-basd lauc systm dsgdfor all futur Ford-class, uclar-powrd carrrs tat ar rplacgt nmtz-class carrr us sc1975. T frst sp of ts w class,t Grald R. Ford, s currtlyudr costructo ad slatd forcomplto 2015.

T Arcraft Lauc adRcovry equpmt (ALRe)program laucd a F/A-18e Suprhort Dc. 18 from a nw Jrsy

tst st usg t eMALStcology.

"Ts s a trmdousacvmt ot just for tALRe tam, but for t tr

navy," sad Capt. JamsDolly, ALRe programmaagr. "(T) eMALSlauc dmostrats avoluto carrr flgt dckopratos usg advacdcomputr cotrol, systmmotorg ad automato fortomorrow's carrr ar wgs."

"i tougt t lauc wtgrat," sad Lt. Dal Radocaj,t tst plot wo mad t frsteMALS mad lauc. "igot xctd oc i was o tcatapult, but i wt troug tsam procdurs as o a stamcatapult. T catapult strokflt smlar to a stam catapultad eMALS mt all of txpctatos i ad."

T msso ad fuctoof eMALS rmas t samas t stam catapult; owvr,eMALS mploys trly dffrttcologs. eMALS wll dlvr

t cssary gr lauc rgycapacty as wll as substatalmprovmts systm wgt,matac, crasd ffccyad mor accurat d-spdcotrol.

T systm's tcologyallows for a smoot acclratoat bot g ad low spds,crasg t carrr's ablty tolauc arcraft support of twarfgtr. eMALS wll provdt capablty for laucg allcurrt ad futur carrr ar wgplatforms lgtwgt umadto avy strk fgtrs.

egrs wll cotu systmfuctoal dmostrato tstg oeMALS ad wll xpad arcraftlaucs xt yar.

GPS in a smartphone mounted on a bicycle.

The steam catapult on the USS Hornet.


12/12


Coks rcip rvaldThe publc rado program Ts Amrca Lf as rvaldwat t blvs s t orgal rcp for Coca-Cola.

A statmt clamd tat t sow foud watappard to b a copy of t famously guardd trad scrt a wspapr colum publsd t Atlata Jouralad Costtuto o Fbruary 18, 1979.

T ty spok wt stora Mark Pdrgrast,

wo ad dscovrd wat blvd was a vrso ofCoca-Cola's orgal formula dcads bfor wl dogrsarc t compay's ow arcvs. (h publsdtat vrso of t rcp s 1993 book o Cok.)

T two rcps wr sstally dtcal."Ts was a amazg dscovry," sad ost ira Glass

w rvald t rcp o t wkly rado broadcast,"i got to ts wodrg f t mgt b possbl tat tssupr-scrt rcp ad b dg pla sgt, aold wspapr clppg, but oc i lard t matcd tsrcp Cok's ow arcvs, wrtt by t crator ofCok t was ard ot to gt vry xctd."

Glass rad t full rcp o Ts Amrca Lf'srado broadcast wc s ard by mor ta 1.8 mllopopl o ovr 500 publc rado statos across t coutry as wll as o t sow's podcast, wc most wks s tmost popular t ato wt a audc of 600,000.

T program s producd by Ccago Publc Mdaad dstrbutd by Publc Rado itratoal.

As for t most famous grdt of Coca-Cola, t

frst tm lstd t rcp s "F.e. Coca," wc stads forflud xtract of coca, wc cotas coca.

Coca was t soda utl 1903, ad coca xtracts stll a grdt Coca-Cola. it's dcocazd udrfdral suprvso at a compay calld Stpa nwJrsy.

Sc t oly way to b sur f t rcp rally was for

Coca-Cola would b to mak a batc, Ts Amrca Lfaskd wt Sattl-basd Jos Soda, to do just tat. Tycollaboratd wt Calfora-basd Sovrg Flavors.

T rcp as svral kow dffrcs wt Coca-Cola's currt formula. it uss sugar stad of t currtswtr, g fructos cor syrup.

it uss ctrc acd, wr currt Coca-Cola lk mostmodr sodas s kow to us posporc acd.

it uss lm juc; t currt rcp s blvd to uslm ol.

Ultmatly, owvr, t tam was abl to mak avrso of t rcp tat foold o xprt ad to trsurprs, was prfrrd 6-to-4 a formal tast tst aBrookly suprmarkt.

i kpg wt t's past statmts about t formula,t compay ds t rcp's auttcty. T compay'sarcvst, Pl Mooy, sad dd ot blv t rcpwas bvrag's orgal formula but sdstppd waskd f t compay ad cckd t agast ts copy of torgal.

Komukai in PH,denies drug raps

FUGiTiVe Japas TV prsoalty, actrss ad strppr Mako Komuka,25, wo s accusd of buyg stmulats, spok wt Japas mda for tfrst tm aftr t allgatos wr aoucd arlr ts mot.

im ot a fugtv or a crmal, Komuka told a Suka Post jouralst,wo flw to Mala ad succdd arragg a trvw wt r.

Komuka also rvald tat s s ot afrad of gttg arrstd adaoucd r tto to rtur to Japa from Mala sortly, JapaToday.com rportd ts wbst. S also dd rports tat s was prgat,tat ad b rumord by svral mda sourcs.

Tokyo Mtropolta Polc ssud a warrat for Komukas arrst aftra group of iraa drug dalrs wr arrstd Tokyo ad Komukas amwas foud tr customrs lst.

Komuka was foud gulty of amptam posssso Fbruary2009 ad gv a 18-mot prso trm, suspdd for tr yars. Soly workd prodcally last yar, maly as a strppr ad a bodagflm.

Dspt actv cooprato from t Plpps Burau of immgrato,Japas polc av fald to arrst Komuka ad ar also urgg coopratofrom t Japas Forg Mstry to ssu a passport cofscato warrattat would prsumably cras prssur o Komuka.

Polc say tat Komukas xpulso from t Plpps s oly amattr of tm.

Komuka was spottd publc by TV Asa rportrs t Makatara of Mala o Fbruary 11, accompad by a udtfd mal.expctatos for r rtur to Japa fll aftr s cacld r flgt to nartao Fbruary 16. no o as ard or s r sc.

T Komuka trvw occups four pags of t Suka Post wcwt o sal last wk.

Bfor 'Oscar ngt,' tr ar t'Pawscars'

eVen bfor t Oscar wrs araoucd, svral Acadmy Award-omatd flms av alrady arda mportat ad rspctd oor:t "no Amals Wr harmd"crtfcato from Amrca humaAssocato, t ato's voc for tprotcto of cldr ad amals.

Amrca huma Assocato'sCrtfdAmal Safty Rprstatvsmotor t tratmt of amals oabout 2,000 productos ac yar.

Ts yar, Oscar-omatdproductos tat dd t rgt tg by

kpg tr amal actors saf clud"Tru Grt," "harry Pottr ad tDatly hallows Part 1" ad "Salt."

i addto to commdgtos flms o tr tratmt ofamals ad tr omato by tAcadmy of Moto Pctur Artsad Sccs, Amrca humaAssocato rcogzsac of t followgflms wt a "Pawscar" a uoffcal, amal-ctrc sp o tOscars:

Bst Vlla "Cats& Dogs: Rvg ofKtty Galor"

Forgt habalLctr ad Dart Vadr

Business Matters issue 40

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Transcript of Business Matters issue 40