55% of Filipinos can’t buy Medicines

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PHPMANILA, Philippines – More than half of Filipinos said they had trouble buying medicines and paying for other basic expenses, a research group said Thursday. IBON Foundation, an independent development institution, said that of the 1,500 respondents surveyed from October 12 to 19, 55.4 percent said they had difficulty paying for medicines and medical treatment in the past three months. Meanwhile, 32.4 percent said they did not have the same problem.

German firms eyeing new ventures in PH

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GPCCIMANILA – More German companies are considering starting their businesses in the Philippines amid continued improvement in the business sector, the German-Philippine Chamber of Commerce and Industry, Inc. (GPCCI) said on Friday. GPCCI general manager Nadine Fund said they “have been receiving an influx of inquiries from German businesses who are considering the Philippines for new ventures.” Fund said the World Bank’s recent “Doing Business Report” helped the Philippines’ cause in inviting foreign investors.

Jinggoy Estrada Arrested After Trying to Smuggle Money Inside His Breasts to US

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Sen Jinggoy Estrada - rappler.comMANILA, Philippines – Hours after Filipinos fell for a satirical piece on Jinggoy Estrada's "arrest," the senator on Monday, November 4, felt the need to clarify the “incredible” story. “My staff just called me at 5:00 am to inform me that there is an article circulating in Facebook that I have been arrested in the US for bringing in huge amount of US$. That is absolutely NOT TRUE,” Estrada said in a text message from the US late Monday night.