Former Supreme Court Justice Regino C. Hermosisima Jr. has been reelected national President of the YMCA of the Philippines. Justice Hermosisima, who is currently a senior member of the Judicial and Bar Council of the Philippines, will hold the reins of the YMCA national movement at a time perceived by many as the most difficult and trying period the YMCA has ever been in since its birth in the Philippine soil in 1911, 94 years ago.

The Securities and Exchange Commission (SEC) has approved the application of leading pre-need company Philam Plans Inc. to register and sell additional pension and fixed value education plans.

The Philippines and other developing nations have batted for the reduction of subsidies and other trade protection by developed nations, particularly the United States and members of the European Union, to enhance their competitive advantage.

The Securities and Exchange Commission (SEC) has approved the application of leading pre-need company Philam Plans Inc. to register and sell additional pension and fixed value education plans.

American companies looking for outsourcing partners cited the Philippines’ strong affinity with the Western culture as the country’s distinct advantage in business process outsourcing (BPO).

China’s spectacular growth is a huge opportunity rather than a threat for ASEAN countries, regional economists gathered here said on Thursday.

The peso rate closed at P54.15 to the US dollar last Friday at the Philippine Dealing System of the Bankers Association of the Philippines. The weighted average rate stands at P54.260.