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Salimbay News Brief: June 21, 2012


“Since they are directly challenging us, I will accept the challenge.”

President Aquino warned against illegal loggers who continue to operate despite the total logging ban during the 25th anniversary of the DENR.


President Aquino. Photo courtesty of


“Our investments in China right now are actually bigger than their investments in us right now.”

Department of Trade and Industry (DTI) Undersecretary Adrian Cristobal Jr. on wanting to see more money coming in from China. The Philippines is said to prioritize economic ties with East Asian Markets including Japan, Korea, Taiwan, and China.

“Use it or lose it”

President Aquino referring to the slow use of funds set for the development of the Autonomous Region in Muslim Mindano (ARMM) which was granted in hopes of changing perceptions of the region.


Number of Filipino billionaires this year, compared to 11 billionaires in 2011. Henry Sy topped the list for the 5th year in a row.

Henry Sy is the richest man in the Philippines. Photo courtesy of


June 30,2012

Date set by the Department of Foreign Affairs when they will no longer accredit travel agencies offering passport service and remove special privileges enjoyed by accredited agencies


Many Pacquiao’s ranking on the list of the world’s wealthiest athletes. Number one on the list is Floyd Mayweather Jr. 

Manny Pacquiao is the 2nd wealthiest athlete in the world. Photo courtesy of


Birthday anniversary of the Philippines’ national hero, Jose Rizal, last June 19.


Information from The Philippine Star,,,

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The official newsletter of the UP Asian Institute of Tourism.


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