Sunday 13 May 2012

PIA News Dispatch - Monday, May 7, 2012


Aquino opens Palarong Pambansa in Pangasinan

LINGAYEN, Pangasinan: In efforts to keep all Filipinos fit, strong and healthy, President Benigno S. Aquino III formally opened this year’s Palarong Pambansa (National Games) in grand ceremonies held at the Narciso Ramos Sports and Civic Center here on Monday.

In his speech keynoting the event, the President said that the Palarong Pambansa, the “biggest sports event in the Philippines,” will provide some 10,000 elementary and secondary school athletes a chance to showcase their skills and talents as they vie for honors in their chosen sports field.

“Ito pong Palarong Pambansa ang nagsisilbing pinakamalaking entablado upang maipamalas ng lahing Pinoy ang kanyang angking kagalingan sa larangan ng palakasan,” the President said.

“Sa mga susunod na araw, masasaksihan ng sambayanan ang pagtatagisan ng galling, ang mga patalasan ng dunong, ang pagpapamalas ng husay ng mga atletang Pinoy mula sa iba’t ibang larangan, mula sa iba’t ibang rehiyon ng Pilipinas,” he added.

The President honored the participants saying he hoped that they remain inspirations for the Filipino youth to emulate.

“Sa inyong lahat na nandito ngayon: saludo ako sa inyo. Nawa’y maging mabuting halimbawa kayo sa kapwa niyong kabataan. Nawa’y maging bukal kayo ng inspirasyon sa iba pa niyong mga kababayan,” the President said.

The President then wished luck to all participants and their endeavors of achieving triumph for their respective regions.

“Ngayon po, pormal na nating binubuksan at pinasisimulan ang Palarong Pambansa 2012. Sa inyong lahat: good luck sa inyong mga laban. Mabuhay po ang kabataang Pilipino; mabuhay ang atletang Pinoy,” the President said.

The Palarong Pambansa is a scholastic athletic competition that serves as a means to promote Physical Education and Sports as an integral part of the Basic Education Curriculum and as an affirmation to the school’s commitment to the full development of the great potentials of the youth to become responsible and globally competitive citizens of the nation.

The Bureau of Public Schools Interscholastic Athletic Association (BPSIAA) Meet as it was called before was first held in 1948 in Manila. It has been held annually since except in 1957 when President Magsaysay passed away and in 1972 when Martial Law was declared.

In 1974, BPSIAA was changed to Palarong Pambansa. It was substituted by Palarong Bagong Lipunan in 1980 and Palarong Pilipino Gintong Alay in 1984. (PCOO)

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President Aquino assures Philippine sports of continued government support

LINGAYEN, Pangasinan: President Benigno S. Aquino III assured proponents of Philippine sports of continued government support to ensure that Philippine athletes get the training and equipment they deserve to make it in the international sports arena.

The President gave this assurance in his speech keynoting the formal opening of the 2012 Palarong Pambansa held at the Narciso Ramos Sports and Civic Center here on Monday.

“Maasahan naman ninyo na patuloy ang suporta ng inyong pamahalaan sa pagpapabuti at pagpapaigting sa larangan ng sports sa bansa,” the President said.

He pointed out that aside from setting aside P200-million from the Department of Education’s budget for this year’s Palarong Pambansa, the government, through the Philippine Sports Commission has laid down the national plan for sports -- the 2011-2016 Philippine Sports Roadmap.

This roadmap, the President said, has a “focus sports policy” which centers attention on the further development of choice sports field such as boxing, taekwondo, athletics, swimming, wushu, archery, wrestling, bowling, weightlifting and billiards.

He said P200-million representing 33 percent of annual remittances from the National Sports Development Fund will be used to fund the roadmap.

This fund, the President said, would be used to finance the Philippine National Games, that will give athletes at the grassroots level a chance to showcase their talent in hopes of landing a place with the Philippine Team. (PCOO)

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Aquino visits wake of Abante reporter in Bacoor, Cavite

President Benigno S. Aquino III visited on Monday the wake of Abante reporter Rose Miranda, who died last Saturday in her home in Bacoor, Cavite. She died of breast cancer at the age of 39.

The Chief Executive conveyed his condolences to the family of Miranda who covered the Palace beat for several years. Her remains lie in state at the Miranda family residence in Barangay Ligas 2, Bacoor, Cavite.

He stayed in the house of Miranda for several minutes and talked with Rose Miranda's parents Melencio and Mercedes, as well as her sisters Maricel and May Grace.

Presidential Communications Operations Office Secretary Sonny Coloma, likewise, visited Miranda's wake.

Before the start of the regular press briefing in Malacanang on Monday, officers and members of the Malacañang Press Corps observed a moment of silence and prayed for Miranda who passed away after a year-long battle against breast cancer.

Presidential Spokesman Edwin Lacierda expressed his sympathies to Miranda's loved ones.

Born in Bacoor on December 7, 1972, Miranda earned her Bachelor of Journalism degree from the Lyceum of the Philippines University in 1994.

She covered the Makati police, Makati city government and Makati courts, other local government units in the southern part of Metro Manila, as well as the defense beat before she was assigned to cover Malacañang. She served as treasurer of the Malacañang Press Corps from 2006 to 2010 and as secretary from 2010 to 2011. She was diagnosed with breast cancer in 2011.

Interment is scheduled on May 12 at the Silangan Cemetery in Bacoor. (PCOO)

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Aquino government assures banking system remains sound and stable

The Aquino administration assured the public that the overall Philippine banking system remains sound and stable despite the closure of the Export and Industry Bank, Inc. (EIB), a Palace official said on Monday.

Presidential Spokesperson Edwin Lacierda issued the statement during the regular press briefing in Malacanang on Monday to allay the fears of the public following the closure of the bank.

"Rest assured that the banking system is financially sound po; mas malakas po ang ating banking system. And that’s why Governor Amando Tetangco Jr. is encouraging the use of banking institutions," Lacierda stressed.

In a statement, the BSP said that the Monetary Board placed Export and Industry Bank, Inc. under a receivership on April 26, 2012 pursuant to Section 30 of Republic Act No. 7653 or The New Central Bank Act.

The BSP said the board made its decision on account of the bank's “inability to meet its obligations as they become due, insufficient realizable assets to meet its liabilities and its inability to continue in business without involving probable losses to its depositors or creditors.”

Moreover, it also said that the EIB wrote BSP to “surrender the bank operations to the Bangko Sentral ng Pilipinas and to declare a bank holiday effective April 12, 2012.”

The BSP noted that the Philippine Deposit Insurance Corporation (PDIC) stands ready to service valid deposit claims from depositors of EIB and complete processing of claims as soon as possible.

Likewise, the BSP said the overall Philippine banking system remains sound and stable with ample liquidity and high level of capitalization.

The BSP assured that the closure of EIB is not expected to adversely affect the Philippine banking system considering its relatively small size. Its total assets are equivalent to only about 0.3 percent of the total assets of the banking system. (PCOO)

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Aquino government condoles with family of Anita Magsaysay-Ho

The Aquino administration conveyed its condolences to the family of painter Anita Magsaysay-Ho who died last Saturday at the age of 97.

"Our thoughts and prayers go out to the family and loved ones of Anita Magsaysay-Ho who brought great pride to our country as an artist," Presidential Spokesperson Edwin Lacierda said in a statement issued on Monday.

Her remains lie in state at the Santuario de San Antonio in Forbes Park, Makati City.

"Throughout her long, noteworthy career, Mrs. Magsaysay-Ho was considered part of a trailblazing group of artists who revolutionized Philippine art. Her lasting contribution to art and culture will forever be remembered by a nation she inspired and portrayed through her work," Lacierda said.

Magsaysay-Ho is the daughter of Ambrosio Magsaysay and Armilla Corpus. She is married to Robert Ho. She studied at the University of the Philippines (UP) School of Fine Arts under Fabian de la Rosa, Vicente Rivera y Mir, and Fernando and Pablo Amorsolo.

Known for her modernist flair in painting, Magsaysay-Ho won awards in several local and international art competitions and exhibited works in major local and international art galleries worldwide.

Her famous works depict figurative abstracts of women at work, landscapes, and Philippine genre scenes. Her charcoal sketches of female nudes are also widely recognized.

Magsaysay-Ho won second prize for Five Senses in the 1950 Manila Grand Opera House Exhibition. She won second prize for Fish Vendors in the second watercolor exhibition of Graphic Arts in 1952. Her awards from the Art Association of the Philippines include: first prize, The Cooks, 1952: second Prize, Fruit Vendors, 1953, third prize, Mending the Nets, 1959; first prize, Two Women, 1960; and second prize, Trio, 1962.

The collections of Magsaysay-Ho's works can be viewed in major museums and galleries such as the Metropolitan Museum of the Philippines, the Yuchengco Museum, the Lopez Memorial Museum and Library, and the Ateneo Art Museum. (PCOO)