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Loren: RP deeper in debt but who benefits?

January 7, 2010

ARE THE POOR BENEFITING AT ALL FROM THE GOVERNMENT’S HEAVY FOREIGN BORROWINGS?
Senator Loren Legarda posed this question as the Bangko Sentral ng Pilipinas (BSP) reported that the country’s outstanding external debt amounted to $53.1 billion as of the end of the third quarter, up 2.5 percent from $51.8 billion recorded as of end-June.
“The country’s economic managers should be forthright and tell us exactly where the foreign borrowings are spent on, because the number of poor Filipinos has not […]

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Loren: Plant more trees to combat climate change

January 6, 2010

PLANT MORE TREES, AND WE CAN SAVE THE ENVIRONMENT AND DEAL WITH CLIMATE CHANGE WHILE THERE IS STILL TIME. THIS WAS THE KEY MESSAGE CONVEYED BY SEN. LOREN LEGARDA, FOUNDER OF LUNTIANG PILIPINAS, AN ENVIRONMENTAL NGO, IN A RADIO INTERVIEW TODAY.
Loren observed that at the rate Filipinos are cutting down trees in the 700,000 remaining hectares of virgin forests, then the country will not have any more virgin forests in ten years.
Loren warned of dire consequences if the […]

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Loren urges enhanced feeding program for school children

January 6, 2010

MABITAC, LAGUNA – NOTING THAT MORE THAN FOUR MILLION FILIPINO CHILDREN ARE CONSIDERED UNDERNOURISHED AND MALNOURISHED, SEN. LOREN LEGARDA TODAY ADVOCATED A BIGGER AND SUSTAINED FEEDING PROGRAM FOR CHILDREN, ESPECIALLY THROUGH THE SCHOOL SYSTEM.
Speaking before municipal and barangay officials here, Loren said that in giving priority to education, the government should also pay more attention to improving the health of rural and community residents, especially the children.
Loren said that she would push through her proposals to institute a […]

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Loren pushes creation of regulatory body for environmental planning

January 5, 2010

SENATOR LOREN LEGARDA PUSHED TODAY FOR THE CREATION OF A GOVERNMENT AGENCY THAT WOULD LICENSE AND REGULATE THE PROFESSIONAL PRACTICE OF ENVIRONMENTAL PLANNING IN THE COUNTRY, INCLUDING THOSE OF FOREIGN PLANNERS WHO ARE CONTRACTED FOR WORK IN THE PHILIPPINES.
Loren stressed that environmental planning in the establishment of communities and in the construction of public and private structures like buildings, roads and houses has taken an added importance in view of the deleterious effects of climate change already being felt […]

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Legarda urges creation of OFW hospital

January 5, 2010

SENATOR LOREN LEGARDA WANTS THE SENATE TO IMMEDIATELY PASS THE BILL SHE AUTHORED CREATING THE MIGRANT WORKERS HOSPITAL SO THAT RETURNING OFWS CAN AVAIL THEMSELVES OF MEDICAL CARE.
Loren cited official statistics that 42 percent of returning or repatriated OFWs require immediate medical attention or hospital confinement.
“Many OFWs suffer exploitation and even physical abuse in the hands of their employers. Some arrive home with physical ailments, while others even have mental problems. But is government ready to help them?” […]

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Loren airs ‘money laundering’ concern

January 4, 2010

SENATOR LOREN LEGARDA WARNED TODAY THAT THE RELAXATION BY THE BANGKO SENTRAL NG PILIPINAS (BSP) OF ITS RULES ON FOREIGN EXCHANGE TRANSACTIONS MAY BE USED BY SOME CORRUPT PEOPLE IN GOVERNMENT TO PARK THEIR ILL-GOTTEN WEALTH OUTSIDE OF THE PHILIPPINES TO ESCAPE GARNISHMENT.
“There may be good and valid reasons for this move by the BSP to allow just anyone to buy $30 million from local banks and to ‘invest’ the same abroad without needing approval anymore from the BSP,” […]