MikeLigalig.com

By Megan Willett | Business Insider â€" Tue, Aug 20, 2013 3:56 PM EDT


Not all of the world's billionaires are dedicated to being extraordinarily altruistic â€" many decide to spend their money indulging in fancy cars, planes, and yachts.

But others want to spread as much of their wealth as possible before they die. A select few even want that last check to only cover the cost of their funeral.

Of course, not everyone stands to gain from such selflessness â€" namely, the children of these generous donors.

Though they will still have untold opportunities, advantages, and connections, to help them succeed, the children of these 15 tycoons won't be living large off their inheritances.

â€"Eric Goldschein also contributed to this story.

Monkey Bay
From Wikipedia, the free encyclopedia


Monkey Bay or Lusumbwe is a town in Mangochi which is in the Mangochi District in the Southern Region of Malawi. The town is on the shore of Lake Malawi and is one of the main ports on Lake Malawi. The population of Monkey Bay is estimated to be 14,591 as of 2008. Monkey Bay is 206 kilometres (128 mi) from Lilongwe, Malawi’s capital city, and 253 kilometres (157 mi) from Blantyre. With a population of about 500,000, Lilongwe is Malawi’s largest city. Monkey Bay is a tourist resort and is often travelled through on the road to Cape Maclear.



Beach at Cape Maclear near Monkey Bay

Quote from: islander on August 20, 2013, 05:12:42 PM
di makasuya.  makalagot sa pagkawalay modo, tsk, tsk...

Hala! Naay laing naigo ani nga observation...

The proposal looked unlikely to be adopted, however, as the city's deputy mayor, Ardiansyah Fikri, said that local authorities did not support it.

However he said religious and moral education programmes were being planned to discourage people from public displays of affection in the city.

"Young boys and girls are not shy about behaving intimately in public," he said. "Their morality is already out of control."

In 2010, lawmakers in Sumatra's Jambi province also proposed forcing teenage girls to undergo virginity tests to get into high school but the plan was dropped after opposition from central government.

Indonesia, a nation of more than 240 million people, is struggling to balance the country's rapid modernisation with traditional, mainly Muslim values.

"We will try to include the plan in our 2014 budget," he said of the proposal, adding it still needed approval from the city mayor and local parliament. "We will carry it out every year."

However, Rasyid conceded that there could be "some human rights concerns" over subjecting female students to intrusive virginity tests.

His proposal triggered immediate anger, with Education Minister Mohammad Nuh leading the condemnation: "If you want to protect your children from negative influence, there are others ways. This is not wise."

"A virginity test is a form of sexual violence against women," added Masruchah, the deputy head of the national commission on violence against woman, who like many Indonesians goes by one name.

"It is degrading and discriminatory against women."

AFP News â€" 16 hours ago


The education chief of an Indonesian city sparked outrage Wednesday after proposing that teenage schoolgirls should undergo virginity tests to enter senior high school.

Activists accused Muhammad Rasyid of promoting "sexual violence against women" after he suggested the plan following the arrest of six high-school students for alleged prostitution.

"If it is possible, the virginity tests will be carried out next year," said Rasyid, education head of Prabumulih city on Sumatra island.

The tests would affect students seeking to enter senior high school. In Muslim-majority Indonesia, senior high-school students are aged between 16 and 19.

Gwapoha sa tupi ni Ondoy, oi!

Janairo said DOH-NCR health emergency staff and regional health representatives conducted a rapid health assessment (RHA) in selected evacuation centers in Marikina, Quezon City and Pateros.

An RHA is also being done in selected and accessible evacuation centers in Pasay City by the Kalusugan Pangkalahatan health teams, he said.

Besides the doxycycline capsules being given to affected individuals, doses of vitamin A were also being administered to children in evacuation areas, he said.

“I advise everyone who will wade in floodwaters to wear protective gear in order not to be affected by leptospirosis,” Janairo said.

He said the DOH was coordinating with the Metropolitan Manila Development Authority Flood Control Information Center and the Metro Manila Disaster Risk Reduction Management Center on assistance to be given to the afflicted.

“Health personnel in evacuation centers are also providing doxycycline capsules to evacuees as [a form of] protection from leptospirosis,” he added.

Janairo said the regional epidemiology surveillance unit has reported that 133 leptospirosis cases were admitted from Jan. 1 to Aug. 10 this year.

“The figure is 63 percent lower than the 357 cases reported for the same period last year. The ages of those affected ranged from 11 months to 82 years. Majority (81 percent) were male. Most of the cases (22 percent) were from the City of Manila,” Janairo said.

Ten deaths were recorded, he added.

In the NCR, health officials delivered at least 25,000 doxycycline capsules to local government units to be used as prophylaxis or to prevent being infected by leptospirosis.

“These capsules will serve as their protection from leptospirosis as they will be wading in floodwaters during rescue operations,” said Eduardo Janairo, the DOH-NCR regional director.

He said 10,000 doxycycline capsules/tablets were delivered to Taguig, Navotas, Valenzuela, San Juan, Mandaluyong, Manila, Muntinlupa and Parañaque, while 15,000 went to Quezon City.

“We are giving additional stocks just in case they will need more due to the continuous rain and flooding that we are experiencing. Public schools in Quezon City, San Juan and Pateros have already been given doxycycline and assorted medicines during our dengue and leptospirosis awareness campaign,” Janairo said.

By Philip C. Tubeza
Philippine Daily Inquirer
6:01 am | Thursday, August 22nd, 2013



Health Secretary Enrique Ona: Leptospirosis warning. FILE PHOTO



MANILA, Philippinesâ€"The Department of Health (DOH) has begun distributing thousands of doxycycline capsules to prevent the spread of leptospirosis, Health Secretary Enrique Ona said on Wednesday.

Ona said the DOH has distributed doxycycline in the National Capital Region (NCR), Calabarzon and Central Luzonâ€"the regions that have been severely affected by the floods and monsoon rains.

“The public should be wary about leptospirosis, which is waterborne, because it could affect one’s kidneys and require dialysis,” Ona said.

CEBU. A rescue crew tows a barangay’s minibus from a ravine in San Carlos Heights, Barangay Quiot, Cebu City. (Allan Defensor)

Mind over matter, that's my philosophy concerning this pest.





Good night, kaberks! I'm retiring early today. Too much agitation (not mine, no!), as you can see...

Botoy acknowledges the self-revelation of a pretentious ignoramus.

Nia man jud ka ron, unya pataka man kag sumpay bisag unsa na lang nga thread, sumpayi kuno ni, Mr. Milyonir. You! You know who you are!

Nia man jud ka ron, unya pataka man kag sumpay bisag unsa na lang nga thread, sumpayi kuno ni, Mr. Idiot. You! You know who you are!

Money can't buy love, for sure. Labi na kon potot ka unta bati pa jud og nawong, bisag unsaon nimong panghambog nga daghan kag kwarta (which is in serious doubt in the minds of many), magpabilin kang kataw-anan, as you really are...

Mao sab kini ang gigamit sa Gulf of Mexico nga oil spill dihang niulbo ang Deepwater Horizon oil rig sa mang nasod nga nipatay og 11 ka mga tawo.

Nibaha ang 205 milyones ka gallons nga krudo sa lawod nga nilanat og 111 ka mga adlaw una pa hingpit nga nasanta.

Siya niawhag sa katawhan sa pagkolekta sa mga balhibo sa manok, buhok sa tawo, bunot ug uban pa aron gamiton nga babag sa dapit diin naa ang oil spil.

Ang bakasi, pugapo ug ubang produkto sa dagat sa Cordova apektado na sa pagkatap sa bunker fuel.

SuperBalita Cebu
Ni Philip A. Cerojano
Monday, August 19, 2013


GAWAS sa paggamit og chemical dispersant aron pagkontrolar sa oil spill gumikan sa pagkalunod sa M/V Saint Aquinas, gisugyot ni Bise Mayor Egardo Labella ang paggamit og indigenous materials kun mga galamiton nga makit-an lang sa palibot.

Kini sama sa mga buhok sa tawo, balhibo sa manok, bunot sa lubo, sagbot nga kugon ug buhokbuhok sa mais.

Si Labella niingon nga kini nga local nga mga material malampusong gigamit sa Guimaras Island niadtong Agusto 2006 aron pagkontrolar sa oil spill resulta sa pagkalunod sa M/T Solar I.

Human sa pagkalunod sa barko, niagas ang bunker fuel nga nakadaot sa kadagatan lakip na sa mga baybayon sa Ilo-Ilo ug Negros Occidental.

Dili lang kay ang epekto sa oil spill ang gilikayan sa mga tawo...

Matod niya, ang ilang monitoring gitumong alang sa pagpakgang nga pahimuslan sa pipila ka mga negosyante ang katalagman ug mogara sa pagpasaka sa presyo sa ilang mga produkto.

Samtang Deparrment of Environment and Natural Resources nipahimangno nga dako og epekto sa ekonomiya sa Central Visayas ang oil spill.

Si Regional Executive Director Isabelo Montejo niingon nga daghang mga mananagat ang maapektuhan ug maigo usab ang industriya sa turismo.

Ilang gitun-an kon posible bang masilutan ang mga kompaniya sa duha ka mga barko tungod sa kadaut sa kalikupan mugna sa oil spill.

Human nideklarar og state of calamity ang Cordova ug Kapitolyo, mopagawas sila og pundo gikan sa calamity fund aron itabang sa apekltadong mga residente, ilabi na sa mga mananagat.

Sa laing bahin, hugot nga monitoring ang gihimo karon sa Department of Trade and Industry sa mga palaliton sa nagkadaiyang merkado dinhi sa Sugbo.

Kini human gideklarar ang state of calamity sa tibuok lalawigan ug Cordova.

Ang Trade and Industry Development Specialist sa DTI Cebu Province nga si Marco Apiag naabtan pa sa mga tigbalita sa iyang pagduaw sa Cordova Public Market.

Kini bisan pa man kon niluwat na og pamahayag ang Bureau of Fisheries and Aquatic Resources (BFAR) nga luwas ang pagkaon og isda basta hugasan kini og maayo ug kuhaan sa tinai ug ubang sulod sa ginhawaan.

Sa barangay Bangbang, nangamatay ang mga first class nga isdang pugapo nga maoy gidumala sa Nagkahiusang Mananagat sa Bangbang ug BFAR.

Mabaligya unta sa mga mananagat og tag P450 ang kilo kon maayo lang ang kalidad sa ilang isda.

Gumikan sa negatibong epekto sa oil spill sa kadagatan sa Cordova, matod ni Mayor Adelino Sitoy nga ang uban sa mga mananagat napugos sa pag-drive og trisikad bisan kon ubos lang ang kita.

SuperBalita Cebu
Ni Astra Zina D. Logarta , Astra Zina D. Logarta ug Dennes R. Tabar
Tuesday, August 20, 2013


NINGTIYABAW ang mga fish ug seafood vendor sa Cordova gumikan sa pag-isnab na sa mga konsumidor sa ilang mga baligya.

Sa 56 ka mga stall nga gitagana alang sa mga mamaligyaay og isda sa merkado sa Cordova, tulo lang niini ang namaligya kagahapon ug wa pa gyuy kla­rong halin.

Niadtong wa pa mahitabo ang pagkalunod sa mv St. Thomas Aquinas human gikabangga ang mv Sulpicio Express Siete sa kadagatan sa Talisay niadtong Biyernes sa gabii, sayo pa sa buntag hurot na unta ang mga tinda nilang bakasi ug uban pang seafood.

Apan tungod sa hitabo, naglisod na sila kay wa nay hapit mamalit sa ilang mga tinda.

Bay Tigs, balik na. Daghan nang nanglabay nga mga petsa...

http://www.gmanetwork.com/
August 21, 2013 9:24am


(Updated 10:01 a.m.) - The number of people affected by heavy monsoon rain and floods since last weekend breached the one-million mark Wednesday, the National Disaster Risk Reduction and Management Council said.

In its 6 a.m. update, the NDRRMC said the affected include 223,991 families or 1,060,094 people in 1,028 villages in 80 towns and 35 cities in Ilocos, Central and Southern Luzon, Metro Manila, and Cordillera.

Of these, 29,041 families or 132,969 people are staying in 425 evacuation centers.

The death toll remained at eight, with 41 injured and four missing.

At least 513 areas in 78 towns and cities were reported flooded.

Damage was estimated at P66,763,939, including P56.582 million in infrastructure and P10.181 million in agriculture.

At least 19 houses were destroyed and 17 damaged.

The WGM will allow scientists to understand the structure of the Earth in far greater detail than ever before, essentially being able to see the Earth ‘from the inside’.

‘In geophysics, for example, large resource deposits can be identified more accurately, with increased gravity showing possible high-density ore bodies,’ said Professor Kuhn.

‘It will also greatly benefit the field of spatial sciences, where instrumentation needs to be very accurately oriented with respect to the Earth’s gravity.’

‘By being global and ultra-high resolution, the map enables a focus on global and regional as well as very localised and targeted areas,’ added Professor Kuhn.

The WGM project was led by the Bureau Gravimetrique International and involved significant contributions from institutions around the world, including United Nations Educational, Scientific and Cultural Organisation (UNESCO).

‘I completed the intensive calculations for more than 230 million points in under four weeks by dividing the overall task into 672 separate computational jobs,’ said associate professor Michael Kuhn, of the Department of Spatial Sciences.

‘Doing this huge task on a standard desktop computer would have taken almost six months to complete.’



In 2011, the GOCE satellite created images that showed how gravity varies on different parts of the globe

They found Mount Nevado Huascarán in Peru, for instance, has the lowest gravitational acceleration, at 9.7639 m/s2.

The highest is at the surface of the Arctic Ocean, at 9.8337 m/s2.

‘This suggests a variation range for gravity accelerations on Earth of about around 0.07 m/s2, or 0.7  per cent, which is about 40 per cent larger than the variation range of 0.5 per cent implied by standard models,’ said the report published in Geophysical Research Letters.

Using a super computer to calculate the data, the team at Curtin University were able to get to spatial scales of less than a 200m.

This is an improvement on work conducted in 2011 by the GOCE satellite which created images that showed how gravity varies on different parts of the globe.

The GOCE maps revealed what the Earth would look like if it was covered in an ocean dictated by gravity.  However, the maps were only accurate to between two to 10 km.

To improve the data, Christian Hirt of Curtin University in Perth, Western Australia used existing high-resolution Earth gravity models enhanced by the gravitational signal from ultra-high-resolution satellites and topographic data.

The project was part of a major international collaboration that, for the first time, mapped the entire Earth’s gravity field in ultra-high resolution.

The map discovered unexpected locations with more extreme differences in gravitational pull.

The World Gravity Map (WGM) has revealed the gravitational field of over 3 billion points covering 80 per cent of Earth's land masses. The map shows unexpected locations with more extreme differences in gravitational pull. It shows Mount Nevado Huascarán in Peru, for instance, has the lowest gravitational acceleration, at 9.7639 m/s2. The highest is at the surface of the Arctic Ocean, at 9.8337 m/s2

By ELLIE ZOLFAGHARIFARD
PUBLISHED: 14:26 GMT, 20 August 2013 | UPDATED: 16:28 GMT, 20 August 2013


You could weigh less on different parts of the Earth because of changes in gravity.

The difference isn’t much, however. You would only weigh one per cent less if you moved from the Arctic to the Peruvian mountains, according to calculations made by New Scientist.

This is because the world is not a perfect sphere and so gravity is not the same everywhere on Earth.

For instance, gravity is weaker at the equator and at higher altitudes.

Here's a novel way to lose weight: Earth's gravity means we weigh less at different altitudes (but it would only be around 1%)

--Map has revealed that gravity fluctuations are much larger than first thought

--Mount Nevado Huascarán in Peru has the lowest gravitational acceleration

--The highest is the surface of the Arctic at an acceleration of 9.8337 m/s2

--You would weigh 1% less if you moved from Arctic to Peruvian mountains

Bull's-eye!

Number of Marikina evacuees rises to 17,000
By Frances Mangosing
INQUIRER.net
8:15 pm | Tuesday, August 20th, 2013


MANILA, Philippines â€" The number of people evacuated due to the swollen Marikina River rose to 17,000 Tuesday afternoon.

Authorities said the water level remained at alert level four, prompting them to implement a forced evacuation of families living near the river.

More than 200,000 people have sought shelter in evacuation centres, the head of the Philippine Red Cross, Gwendolyn Peng, told ABS-CBN television.

Countless others were forced to wait out the floods in their water-filled homes, while the less fortunate sat on sidewalks with only plastic sheets for protection from the rain.

While no one was reported killed in Manila, five more people were confirmed to have drowned in flooded farming provinces to the north, according to the government's disaster management council.

Among them were a one-year-old baby and a 64-year-old man, both of whom drowned in the rural province of Pampanga about an hour's drive north of Manila.

This brought the confirmed death toll from two days of flooding across Luzon to eight.

The state weather agency said the rain would continue into Wednesday, raising the prospect of another day of paralysis in Manila. - with a report from Agence France-Presse

200,000 flee Metro Manila floods

Floods have have forced more than 200,000 people in Metro Manila to flee their homes on Tuesday, as the relentless monsoon rains, which have killed eight people, submerged more than half of Manila.

Streets turned into rivers with water rising above two meters (seven feet) in some parts of the megacity of 12 million people, while vast areas of neighboring farming regions on the main island of Luzon were also inundated.

"I was crying when I saw my house being filled with water," said Edita Selda, 68, a sidewalk vendor who was forced to evacuate from her home in a shantytown along a major river in Manila that burst its banks.

"I chained the door shut so our belongings wouldn't be washed away. But... the water is moving so fast."

The Department of Science and Technology's Project NOAH also uploaded a YouTube animation showing the habagat rains hammering Metro Manila, as well as southern and central Luzon.

Data from the observatory, an independent weather research institute based at the Ateneo de Manila University, showed that in less than 24 hours -- from 9 pm Sunday to 6 pm Monday -- accumulated rainfall reached more than 250 mm in Las Piñas.

Project NOAH's Dr. Mahar Lagmay on early Monday morning also shared Doppler radar maps created by the University of the Philippines-National Institute of Geological Sciences' Irene Crisologo that showed the extent of rainfall in Metro Manila and nearby areas Sunday and Monday.

One map shows as much as 600 millimeters of rain falling on Manila Bay on August 18.

It also shows areas in Cavite, Pampanga, Bataan, Zambales and Manila Bay covered in pink (420 mm to 580 mm rainfall), as well as white (600 mm or almost two feet of rain).

Record-high rainfall in Cavite

The Manila Observatory on Tuesday said total rainfall from the midnight of August 18 up to 5pm on August 20 in Cavite has reached a record high of almost 800mm, as well as around 500mm in Las Pinas, Makati, Manila, Paranaque, Pasay.

Its 72-hour rainfall accumulation map shows many parts of eastern Luzon, including Metro Manila covered in white, which means total rainfall reaching 250 millimeters or more.

The TRMM data can also be seen on Google's crisis response map for Tropical Storm Maring and the 2013 habagat.

The map, http://google.org/crisismap/2013-maring, which can be accessed on desktops and mobile browsers, provides information about the tropical storm's path, the rainfall warning, and the 24-hour forecast of accumulated rainfall across the country.

The map also shows cloud imagery, landslide and flood-prone areas, and rainfall and flooding forecast.

by Jojo Malig, ABS-CBNNews.com
Posted at 08/20/2013 11:04 PM | Updated as of 08/20/2013 11:43 PM





MANILA, Philippines - Floods could worsen in central and southern Luzon amid heavy rains spawned by the southwest monsoon or habagat, according to latest data from a joint US-Japanese scientific project.

Latest satellite data from the Tropical Rainfall Measuring Mission (TRMM), a joint project between the US National Aeronautics and Space Administration (NASA) and the Japan Aerospace Exploration Agency (JAXA), shows the almost the entire central Luzon and an area in the Southern Tagalog Region covered in red, which means a high potential for floods.

TRMM also monitored the habagat rains in the past few days made intense by storm Maring.

http://www.flickr.com/photos/docbudie/4452919877/#


Malayo Ang Tingin
by Anthony Castelo


malayo ang tingin
wala namang tinatanaw
at kapansin-pansin
sa bawat kilos nya't

galaw

kaibigan sya'y umiibig sayo
at iya'y di maikubli ng giliw ko
paka-ingatan mo
ang puso nyang

walang lakas

sa harap ng tukso
wag mong isipin sya'y wagas
ngunit kaibigan kahit sya'y

nagkaganyan
wala na kong kasing mahal

malayo ang tingin
walang tinatanaw
at kapansin-pansin
sa

bawat kilos nya't galaw

kaibigan sya'y umiibig sayo
at iya'y di maikubli ng giliw ko
paka-ingatan

mo
ang puso nyang walang lakas

sa harap ng tukso
wag mong isipin sya'y wagas
ngunit kaibigan kahit

sya'y nagkaganyan
wala na kong kasing mahal

pinakamamahal....


http://www.pinoylyrics.net/lyrics/anthony-castelo/malayo-ang-tingin-lyrics-3746.html

Kini pud nga pulong: tambaloslos.

Unsa man pud ni?

The Tycoon, The Buffoon
by Barry Pietantonio


The tycoon,
the buffoon,
a man of money.

In a room,
his cocoon,
counting his money.

Thinks he's cool,
just a fool,
worshiping money.

Does a dance,
it's romance,
in love with money.

The tycoon, the buffoon,
counts money inside his room.
The tycoon, the buffoon,
counts money in his cocoon.

Naked in his bed,
money everywhere,
hands run through his hair,
thinks he can buy love.

The tycoon,
the buffoon,
a man of money.

In a room,
his cocoon,
counting his money.

Thinks he's cool,
just a fool,
worshiping money.

Does a dance,
it's romance,
in love with money.

Naked in his bed,
money everywhere,
hands run through his hair,
thinks he can buy love.

The tycoon, the buffoon,
counts money inside his room.
The tycoon, the buffoon,
counts money in his cocoon.

The tycoon, the buffoon,
counts money inside his room.
The tycoon, the buffoon,
counts money in his cocoon.


Copyright Barry Pietantonio
http://hellopoetry.com/poem/the-tycoon-the-buffoon/

On the other hand, FDA told groceries or supermarkets and drug outlets that it is prohibited to offer food items and drugs that have been soaked in flood water.

"All establishments are prohibited from selling, offering for sale or use, donating, transporting, and moving or distributing flood water-damaged canned goods and other processed food products, medicines, and cosmetic products," said FDA.

Since Sunday, Metro Manila as well as other provinces of Luzon has been pummeled by heavy rains brought by tropical storm Maring-strengthened Southwest Monsoon resulting to massive flooding with some going up to chest-deep. (HDT/Sunnex)

It stressed that being offered through discounted goods or offered in promotional schemes such as "buy one, take one" or "bundle-packed goods" are not enough reason to purchase them.

The health agency also warned that food items and medicines soaked in flood water may have been contaminated by animal and human feces and other excrement, mainly from overflowing septic tanks and sewage system, as well as heavy metals, fuel and other chemicals and pesticides from nearby industrial factories, hospitals or clinic, or farms.

"It only takes a small amount of microbial pathogens to make people sick. Infection can be through ingestion of contaminated food and water," said FDA.

Instead of consuming them, FDA said flood-soaked food items and medicines should be immediately disposed.

http://www.sunstar.com.ph/0
Tuesday, August 20, 2013


WITH food items and medicine expected to be in demand, the Food and Drug Administration (FDA) is warning the public against consuming those that have been soaked in flood water.

According to FDA, consuming such products may pose serious health problems to the public, especially those in evacuation centers, where the demand is expected to be highest.

"All consumers are warned to never buy flood water-damaged food products, including canned goods, and medicines," said FDA.

Way to go, amigo!

WASHINGTON August 20, 2013 (AP)


Watch out, Bo â€" there's a new dog in town.

The White House says the Obamas have added a second dog to the first family. Her name is Sunny, and she's a Portuguese Water Dog â€" the same breed as the Obamas' other dog, Bo. The White House says that breed works well for the Obamas because of family allergies.

Sunny was born a year ago in June in Michigan and arrived at the White House Monday.

She's expected to join Bo for evening walks and the occasional Oval Office huddle with the president.

The White House says the Obamas will donate in Sunny's honor to the Washington Humane Society.

The Obamas adopted their first White House dog in April 2009, fulfilling a campaign promise to daughters Sasha and Malia.

In an interview with state-run television PTV4, Vice Mayor Jose Fabian Cadiz emphasized the need to evacuate as waters are still expected to rise.

He said that they were prepared for the evacuation, as they have been regularly conducting evacuation drills.

“We purchased assets to be used for evacuation and early warning system,” he said.

“We have seven sirens installed along the stretch of Marikina River that will ring alarm to alert the public whenever the need for evacuation arises,” he added.

Forced evacuation was implemented as 18 meters or critical level was recorded at 2:45 p.m.

The Marikina public information office listed the breakdown of evacuees:

H. Bautista Elementary School â€" 519 Families / 2,630 Persons (12:22 p.m.)
Filipinas Village Basketball Court â€" 117 Families / 606 Persons (1:50 p.m.)
Concepcion Integrated School â€" 25 Families / 153 Persons (10:40 a.m.)
Nangka Elementary School â€" 770 Families / 2,600 Persons (1:23 p.m.)
Libis Bulelak Gym-149 Families/755 Persons (11:40 a.m.)
Malanday Elementary School-400 Families /4,200 Persons (2:30 p.m.)
Sto Niño Elementary School-28 Families/ 105 Persons (1:25 p.m.)
Sampaguita Village, Malanday-131Families/ 667Persons (1:50 p.m.)
Baranggay (village) Multi Purpose Hall (Brgy. Dela Peña)-14Families/ 54Persons (2:23 p.m.)
Fairlane Gym-100 Families

By Frances Mangosing
INQUIRER.net
4:09 pm | Tuesday, August 20th, 2013





MANILA, Philippines â€" Some 12,000 people have been housed in evacuation centers as Marikina River reached its critical level of 18 meters due to torrential rains brought by the storm-enhanced southwest monsoon.

Bwahaha! Makahilak baya pud tag kinatawa aning pretentious nga simpleton! Bwahahahaha!

Department Stores

Wang's second-largest asset is his 100 percent stake in the Wanda Department Store Co. chain. The company is valued at $5.6billion, according to the Bloomberg ranking, based on the average enterprise value-to-sales and enterprise value-to-Ebitda multiples of Intime Retail Group Co. Ltd., Golden Eagle Retail Group Ltd. and Parkson Retail Group Ltd. The company said it plans to have 120 stores by 2015 from 62 now.

The AMC movie chain and Wang's China theaters comprise the bulk of Wanda's entertainment subsidiary, which was founded in 2012 and invests in films, live performances, theaters and karaoke bars. His stake in that business is worth $1.3 billion, based on the average enterprise value-to-sales and enterprise value-to-Ebitda multiples of TOHO Co., Lions Gate Entertainment Corp. and Gaumont SA.

Dalian Wanda declined to comment on Wang's net worth, a Beijing-based Dalian Wanda media official said. He asked not to be identified by name citing corporate policy.

Wang's stake in Dalian Wanda Commercial Properties Co. is valued at $7.4 billion, according to data compiled by Bloomberg based on the average price-to-earnings multiple of four peers: China Vanke Co., China Overseas Land & Investment Ltd., Long for Properties and Evergrande Real Estate Group Ltd.

The asset could be valued even higher. Pacific Alliance China Land Ltd., a London-based closed-end fund, assigned a value to its 0.5 percent stake in Wanda Commercial at $71.8 million at the end of 2012, according to its annual report.

That would value the entire company at $14.4 billion and Wang's stake at $8.6 billion. Pacific Alliance, through an outside spokesman,said it didn't comment on its investments.

Ownership Stakes

Wang's family owns 100 percent of Dalian Wanda directly and through holding company Dalian Hexing Investment Co., the documents show. He owns 98 percent of Dalian Hexing and his son, Wang Sicong, owns 2 percent. The billionaire owns 61.6 percent in his flagship, Dalian Wanda Commercial Property Co. directly and through Dalian Wanda Group, according to the filings.

Dalian Wanda had revenue of $26 billion in the 12 months ending June 30. Commercial property contributed 76 percent of Wanda's revenue in the first half of 2013, compared with 88percent a year earlier and 91 percent in 2011, according to figures on the company's website.

Quote from: hubag bohol on August 20, 2013, 03:17:03 PM
Wang joined the People's Liberation Army as a teenager and served for 16 years before he was honorably discharged as an officer.

...not dishonorably discharged as a foot soldier.

Valuation Methodology

The Bloomberg Billionaires Index values closely held companies by comparing some multiples, such as the enterprise value-to-Ebitda or price-to-earnings multiples of similar public companies. When ownership of closely held assets cannot be verified, they aren't included in the calculations.

In Wang's prior net worth calculation, the Bloomberg ranking valued Dalian Wanda as one company, using multiples of four publicly traded Chinese developers. An analysis of regulatory filings and financial results for the year ended June 30 provided metrics to value the retail and entertainment subsidiaries of Dalian Wanda.

Joins Army

Wang joined the People's Liberation Army as a teenager and served for 16 years before he was honorably discharged as an officer. He later took a job at an indebted residential developer affiliated with the Northern port city of Dalian,changed the company's name to Dalian Wanda and became the general manager in 1992. That same year, Bo Xilai became the acting mayor of Dalian. The former Politburo member was charged with bribery, corruption and abuse of power last month and will be tried in court on Aug. 22.

Over the next two decades, Wang built 72 shopping centers,called "Wanda Plazas," anchored by his company's department stores, office buildings and cinemas.

The timing was fortuitous. City dwellers in the world's second-largest economy exceeded the number of people living in rural areas for the first time in China's history in 2011. The urban population has grown at a 3.6 percent compound annual rate since 2002, or 21 million people per year. The mass migration accelerated personal income and consumer demand.

"Chinese consumption, particularly high-end consumption is booming," Wang told reporters in Beijing in June. He plans to have 110 plazas by 2014.

"Wanda leads Chinese enterprises in expanding its business globally and catering to consumers' demand at home with some high-profile acquisitions," said Kenny Wu, a Hong Kong-based analyst at Ji-Asia Research Ltd. "Wang's move to diversify from Chinese real estate seems rewarding."

Wang, whose real estate empire has 148 million square feet under management, plans to increase his property holdings by 68 percent by 2014. He is accelerating acquisitions overseas,including Dalian Wanda's purchase of Sunseeker International Ltd., a U.K.-based maker of yachts used in the James Bond movies , for $1.6 billion in June. He said he plans to spend more than $1 billion to build a luxury residential complex along the banks of London's Thames river.

The 58-year-old billionaire, who's known to sing Tibetan and Mongolian folk songs at Wanda annual meetings, is the oldest of five brothers born to a military family in western China's Sichuan province, near the border with Tibet. His father fought for Mao Zedong's Red Army during the Long March campaign in the1930s, and later against the Japanese in World War II.

By Bloomberg News | Bloomberg â€" 10 hours ago



Wang Jianlin, chairman of Dalian Wanda Group, poses for a photo during an interview at his office in the company's headquarters in Beijing December 3, 2012. REUTERS/Suzie Wong


Wang Jianlin, owner of China's biggest commercial land developer, is the nation's wealthiest person, based on regulatory filings that show his non-real estate businesses are more valuable than previously calculated.

The chairman of closely held conglomerate Dalian Wanda Group, which became the world's largest movie theater chain after acquiring AMC Entertainment Holdings Inc. last year for $2.6 billion, has a net worth of $14.2 billion, according to the Bloomberg Billionaires Index. He is $3.2 billion richer than Zong Qinghou, founder of Hangzhou Wahaha Group, China's No. 3 beverage maker. Zong is the country's second-wealthiest person.

The real McGoy

Filipino residents push their dog on top of a container across a flooded street in Las Pinas, south of Manila, Philippines Monday, Aug. 19, 2013. Torrential rains brought the Philippine capital to a standstill Monday, submerging some areas in waist-deep floodwaters and making streets impassable to vehicles while thousands of people across coastal and mountainous northern regions fled to emergency shelters. Photo: Aaron Favila -- http://www.newstimes.com/

Filipinos cross chest-deep floods at the financial district of Makati, south of Manila, Philippines on Tuesday, Aug. 20, 2013. Flooding caused by some of the Philippines' heaviest rains on record submerged more than half the capital Tuesday, turning roads into rivers and trapping tens of thousands of people in homes and shelters. The government suspended all work except rescues and disaster response for a second day. AP/Aaron Favila

http://www.cracked.com/

HMS Amethyst After Returning Home To England

The Communist forces then besieged the ship for most of the summer. Despite his wounds, Simon continued his duties, hunting rats on the trapped ship, helping to preserve the dwindling food supply, until the incident ended. It should be noted, that Simon was the only cat to ever receive the award. -- http://community-2.webtv.net/

Simon With His Dickin Medal


Perhaps the most famous animal mascot to receive the Dickin VC medal was Simon, the ship's cat who served on board the HMS Amethyst, a British escort sloop, just after WW II, in April 1949.

The sloop, a ship originally designed for convoy escort duty during the Second World War, was in China as Mao Tse-Tung's forces consolidated their hold on the country.

The Amethyst was trapped on the Yangtze River and shelled by the Chinese. The ship was hit 50 times. Seventeen were killed; 25 wounded. Simon was trapped in the wreckage and not found for four days.

Quote from: hubag bohol on August 19, 2013, 09:10:09 PM
No matter how talented you are, there is almost always somebody who can do something better than you. Look to those who are better and consider the potential for improvement.

Even if you are the best in the world at doing one thing, there are always other things that you cannot do, and may never be able to do.

Recognizing your limitations does not mean abandoning your dreams, and it does not mean giving up on learning new things or improving your existing abilities.

Lesson #1...

Boo!

Linat-ang baka pa jud arong segurado...

Payment processes

Another reform, Abad said, is the streamlining of payment processes to help government agencies settle their obligations to contractors and suppliers within a shorter period of time.

The budget chief also said that the President has instructed the Department of Public Works and Highways to take over the supervision of infrastructure projects of other government agenciesâ€"such as health facilities under the Department of Healthâ€"to help complete them within a shorter time frame.

“There is a huge room for increased infrastructure spending, and we want to maximize it,” Abad said.

The Department of Budget and Management on Friday reported that public infrastructure spending rose year on year by 35.6 percent to reach P104.6 billion from January to May this year. The amount was equivalent to 2.6 percent of estimated GDP for the period.

Fast-track projects

Abad said the government has embarked on an infrastructure rationalization plan under which government processes are streamlined to fast-track infrastructure projects.

“We are accelerating our infrastructure spending and adjusting procedures to ensure (the) timely implementation of infrastructure projects and to improve the absorptive capacity of government agencies,” Abad told the Inquirer.

Absorptive capacity refers to the capability of government agencies to spend allocated funds on time.

One administrative reform that the budget secretary cited is the adoption of the advance procurement system that would allow line agencies to start procuring goods and services needed for infrastructure projects scheduled for 2014.

Compared with neighboring countries, the Philippines spends significantly less on public infrastructure at only 2.5 percent of gross domestic product (GDP) in 2012, against the 5 percent average spending in other Southeast Asian countries.

Balisacan said that the Aquino administration wants to boost public infrastructure spending to at least 5 percent of GDP by 2016 to compete with other countries for foreign investments.

Earlier this week, Budget Secretary Florencio Abad said the government intends to increase its budget for infrastructure from about P400 billion last year to at least P800 billion in 2016, to reach the target of 5-percent infra spending to GDP ratio.

Balisacan, National Economic Development Authority (Neda) chief, was quoting a study by the Japan International Cooperation Agency (Jica) that the government has tapped to help come up with a transportation development road map for the country.

“It’s a no-brainer that we need to boost infrastructure. We have a huge backlog in almost all types of infrastructure,” Balisacan said, adding that the government intends to invest in more roads, bridges, railways, airports, and sea ports during the remainder of President Benigno Aquino III’s term.

‘Traffic costs P2.4B daily’
Neda chief cites Jica study for dev’t road map
By Michelle V. Remo
Philippine Daily Inquirer
12:41 am | Saturday, July 6th, 2013



P2.4-BILLION TRAFFIC  Congested streets and traffic jams cost the country as much as P2.4 billion a day in lost productivity and potential income, according to a study by the Japan International Cooperation Agency. Jica has been tapped by the government to come up with a transportation development road map for the Philippines. JOAN BONDOC


If time is money, then the Philippines is losing P2.4 billion a day in potential income due to traffic congestion that eats up time that could have been used for productive pursuits, Socioeconomic Planning Secretary Arsenio Balisacan said.