Foreigners buying local bonds amid eurozone debt woes: officials


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61st Carlos Palanca Memorial Awards

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By BEA CUPIN The novel is alive and well in the Philippines, just going by the record number of entries that vied for The Carlos Palanca Memorial Award Grand Prize for the Novel. An Ateneo faculty member won in the Filipino division, while a San Diego-based writer got the award in English, the Palanca awards organizers announced Thursday. The Palanca Memorial Awards are considered the nations most prestigious prizes for writing and are given annually in a broad range of categories. But the awards for the novel are given only every three years. From a pool of 57 manuscripts, 84 percent more than the number of novels submitted in 2008, emerged the two winners: Ateneo de Manila University faculty member Allan Alberto N. Derain won The Carlos Palanca Memorial Award Grand Prize for the Novel in Filipino for his Ang Banal na Aklat ng Kumag. San Diego-based writer and former University of the Philippines (Diliman) faculty member Maria Victoria Marivi Soliven Blanco won for her entry In the ...
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Arroyo daughter said to be expecting twins

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GMA daughter Luli Arroyo, 40, is expecting twins from her three-year marriage with investment banker Luigi Bernas, according to an unconfirmed report from a Malacaang-friendly source. The former First Daughter received the good news while having a medical check-up in New York, according to the source, and that was apparently the reason why her brother, Rep. Mikey Arroyo , had to posthaste seek court permission to travel to the United States. But GMA spokesman Ma. Elena Bautista-Horn sounded genuinely dumbfounded when reached for comment Thursday afternoon. She did confirm that Luli was abroad. It was not clear what Luli was doing in the Big Apple, where her 50-year-old husband started his career in Chemical Bank before focusing on emerging markets in Bear Stearns and Bankers Trust in Hong Kong and London. Another source close to the family said the couple were seeking medical advice on how Luli can conceive, given her age. Still, another source who is familiar with the Arroyos claimed ...
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Pinoy photographers to hold Mount Pinatubo exhibit in US

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A group of Filipino photojournalists, who covered and survived the eruption of Mount Pinatubo in 1991, will hold in San Francisco in the United States a Mount Pinatubo@20 Photo Exhibit or 20 years after what was called the volcanic eruption of the century. Organized by the Philippine American Press Club-USA and Philippine News, Americas oldest Filipino-American newspaper, the exhibit will be staged for two days October 11 and 12 at the Social Hall of the Philippine Consulate at 447 Sutter Street San Francisco, CA 94108. Organized by former Manila Bulletin photographer Nick Sagmit and former Times Journal photojournalist Ed Galvez, the exhibit will feature photographs during and after the eruption on June 15, 1991. The featured photos include the award-winning shot of Albert Garcia, whose escape from blazing hot pyroclastic explosion picture won first prize in the nature category of the World Press Photographers photo contest. It was also chosen as one of Time Magazines Greatest Image...
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