Thursday, June 28, 2007

OFW Quickfacts

According to the POEA (short for Philippine Overseas Employment Authority), the number of documented OFWs in 2006 have risen by 1.4% compared to that in 2005 - from 1,204,862 to 1,221,417. Of this figure, 866,090 or 71% are land-based and 335,321 or 29% are seafarers. Our OFWs are deployed in 197 countries.

Friday, June 22, 2007

Paid in full . . .

Did you know that after 32 years the government (of my dear Old Philippines) has finally paid off its loan used to construct the Bataan Nuclear Power Plant. The Plant which was never operational since its completion amidst accusation of "kickbacks" by the administration of the deposed Ferdinand Marcos and the fact that the site lies within the earthquake belt - has caused pinoy taxpayers some Php 212-B or US$460-M. That's precious money gone the drain which could otherwise have been spent to energize all barangays in the country.
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