PERALTA, Federico V A.

2GMT

A. Data

1. PopuIation of the PhiIippines (July 2011)
PopuIation: 101,833,938
0-14 years: 34.6% (male 17,999,279 / female 17,285,040)
15-64 years: 61.1% (male 31,103,967 / female 31,097,203)
65 years and over: 4.3% (male 1,876,805 / female 2,471,644)

2. Richest Persons (June 23, 2011)
1. Henry Sy | $7,200 million
2. Lucio Tan | $2,800 million
3. John Gokongwei Jr. | $2,400 million
4. Andrew Tan | $2,000 million
5. David Consunji | $1,900 million
6. Jaime Zobel de Ayala | $1,700 million
7. Enrique Razon Jr. | $1,600 million
8. Eduardo Cojuangco Jr. | $1,400 million
9. Roberto Ongpin | $1,300 million
10. George Ty | $1,100 million
11. Tony Tan Caktiong | $1,000 million
12. nigo and Mercedes Zobel | $980 million
13. Emilio Yap |$930 million
14. Andrew Gotianun | $795 million
15. Jon Ramon Aboitiz | $760 million
16. Beatrice Campos | $685 million
17. Manuel Villar | $620 million
18. Vivian Que Azcona | $555 million
19. Robert Coyiuto Jr. | $400 million
20. Mariano Tan | $375 million
21. Alfonso Yuchengco | $370 million
22. Enrique Aboitiz | $310 million
23. Oscar Lopez | $280 million
24. Jose Antonio | $245 million
25. Eric Recto | $200 million
26. Gilberto Duavit | $190 million
27. Menardo Jimenez | $185 million
28. Alfredo Ramos | $180 million
29. Betty Ang | $165 million
30. Felipe Gozon | $163 million
31. Tomas Alcantara | $160 million
32. Benjamin Romualdez | $155 million
33. Wilfred Uytengsu Jr. | $150 million
34. Manuel Zamora Jr. | $145 million
35. Jacinto Ng Sr. | $115 million
36. Frederick Dy | $110 million
37. Luis Virata | $100 million
38. Bienvenido Tantoco Sr. | $95 million
39. Eugenio Lopez | $90 million
40. Edgar Sia | $85 million

. Poorest Persons (June 21, 2011)

1. Sulu
2. Masbate
3. Tawi-Tawi
4. fugao
5. Romblon
6. Maguindanao
7. Lanao Del Sur
8. Sultan Kudarat
9. Camiguin
10. Camarines Norte




4. Minimum Wage (November 2011)

Note. Everything is in Peso currency

REGION
WO No./
DATE OF EFFECTIVITY
NON-
AGRICULTURE
AGRICULTURE
PIantation Non-PIantation
NCR WO 16/May 26, 2011 426.00 389.00 389.00
CAR WO 14/January 1, 2011 255.00 - 272.00 238.00 - 254.00 238.00 - 254.00
WO 14/January 20, 2011 228.00 - 248.00 228.00 200.00
WO 14/February 16, 2011 237.00 - 245.00 225.00 - 233.00 225.00 - 233.00
WO 16/June 24, 2011 279.00 - 330.00 264.00 - 300.00 244.00 - 284.00
V-A WO 14/January 15, 2011 253.00 - 337.00 233.00 - 312.00 213.00 - 292.00
V-B WO 05/Nov. 11, 2010 252.00 - 264.00 210.00 - 219.00 190.00 - 199.00
V WO 14/ Nov. 1, 2010 216.00 - 247.00 215.00 - 225.00 195.00 - 205.00
V WO 19/ July 15, 2011 235.00 - 277.00 245.00 235.00
V WO16/Sept 22, 2011 260.00 - 305.00 240.00 - 287.00 240.00 - 287.00
V WO 16/June 1, 2011 253.00 228.00-234.00 213.50
X WO 17/ Nov. 25, 2011 267.00 242.00 222.00
X WO 16/July 24, 2011 271.00 - 286.00 259.00 - 274.00 259.00 - 274.00
X WO 16/Sept. 1, 2010 286.00 276.00 276.00
X WO 16/Oct. 31, 2010 260.00 240.00 235.00
X WO 11/November 11, 2011 258.00 248.00 228.00
ARMM WO 13/ September 2, 2011 232.00 232.00 232.00


5. Percentage of Rich and Poor FiIipinos (2006)








Share of fam|||es |n the h|||pp|nes
by Income (2006)
oor (269)
noL oor (34)
Mlddle Class (191)
Plgh Class (01)
6. Percentage of UnempIoyed FiIipinos (June 16, 2011)

Year UnempIoyment rate Percent Change
2000 11.175 14.62%
2001 11.125 -0.45%
2002 11.4 2.47%
2003 11.4 0.00%
2004 11.825 3.73%
2005 11.35 -4.02%
2006 8 -29.52%
2007 7.325 -8.44%
2008 7.4 1.02%
2009 7.475 1.01%
2010 7.2 -3.68%
2011 7.2 0.00%

7. Poverty Line
Country 1997 2001 200 2006
Philippines 41% 40% 30% 32.9%

Definition of PopuIation beIow poverty Iine: National estimates of the percentage of the population falling
below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in
each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ
more generous standards of poverty than poor nations.


. What insights came into your mind?

t is very evident from the data above that there is a very wide gap between the rich and the poor. also
noticed that most of the poorest people here in the Philippines come from remote areas which are perhaps not
accessible to the Philippine government. But still, we must do something about it. t is our obligation to help one
another especially the poor. We must strive together to attain the common good for each and every one of us.

Now, realized that am very fortunate to have parents who are professionals and can provide me and my
sisters not only with our basic needs but with our wants in life. realized that must be grateful enough for
everything that have.

News from different sectors of society

Mining Sector (LocaI)

What aiIs the PhiIippine mining sector? (September 14, 2011)
MANLA, Philippines - Mining investments in the Philippines this year are forecast to hit $2.8 billion, double initial forecasts of
$1.4 billion, and the highest annual figure since 2005 when the sector was opened fully to foreigners.
The Southeast Asian country, which sits on an estimated $1 trillion worth of mineral resources, wants to attract more mining
investors and take advantage of higher global metal prices to create jobs and stimulate the domestic economy.
nvestment policy flip-flops and a strong anti-mining lobby, however, have slowed development and the chances of boosting
investments in the sector.

What is the government's stand on mining?
nvestment of $560 million in Aquino's first six months in office last year was in existing projects.
But hopes for new operations have grown after the Environment department completed in July an eight-month "cleansing"
process aimed at getting rid of mining speculators.
The proliferation of mining speculators, or those given permits but have not started any projects, has discouraged serious
investors and the development of the country's mining industry.
The government's use-it-or-lose-it policy has resulted in the cancellation of hundreds of permits for non-moving projects and
the opening of about 5 million hectares of potentially mineralised areas across the archipelago to new investors.
The government is also seeking a review of fiscal incentives in the Mining Act to get more revenues to plug a huge budget
gap.
But the 2010/2011 Fraser nstitute annual survey of mining companies showed the Philippines was among the least attractive
mining territories in the world, although it improved its ranking to 66th out of 79, from 70th out of 72 in the previous survey.
The index measures overall policy attractiveness based on taxation, infrastructure, political stability, labour issues, security
and environmental regulations.
What is the status of the country's biggest mining project?
The $5.9 billion Tampakan copper-gold project of Xstrata Plc in the southern province of South Cotabato -- Southeast Asia's
largest undeveloped copper-gold prospect -- is under threat from an open-pit mining ban imposed by the local government.
The justice, environment, and local government departments agree the mining ban and other anti-mining measures imposed
by local governments run counter to the national mining law.
However, local government officials have invoked their powers and rights to protect their communities, causing an impasse on
how to proceed with mining projects.
Sagittarius Mines nc, Xstrata's Philippine unit, has sought a review of the ban, saying open pit mining was the safest and most
economic extraction method.
Sagittarius has presented an environmental impact statement (ES) on the mine via a series of public consultations, set to end
this month, one of the requirements before a review of the local code starts.
Are other provinces adopting anti-mining measures?
Environmental concerns were also cited for similar bans and mining moratorium in other provinces.
ndustry group the Chamber of Mines of the Philippines has said local government bans on mining have also been issued in
the central provinces of Capiz, Bohol, Samar, Romblon, and Mindoro and the southern province of North Cotabato.
Anti-mining groups cite local opposition borne out of past accidents.
n 2005, heavy rains and a lack of safeguards triggered a cyanide spill at the poly metallic mine operated by Australian miner
Lafayette in the central Philippines -- the first foreign-owned mine in the country after the Mining Act was enacted. The mine was closed
after the accident and efforts to restart work failed due to a lack of funding.
Another often-cited accident was the 1996 tailings spill at Marcopper Mining Corp's copper mine in central Marinduque
province, in which at least 1.5 million cubic metres of mine tailings flowed into surrounding rivers following flash floods, contaminating
the river system and causing illnesses in the communities around the mine up to today.
What probIems do miners face?
A strong opponent in the majority Christian country is the Catholic Church, which has come out against mining projects such
as the proposed Tampakan mine, citing local concerns.
Tax and security issues are also among investors' major concerns. Environment Secretary Ramon Paje has proposed a 5%
royalty fee from miners on top of the existing 2% excise tax, a proposal shot down by the industry.
Existing investors also complain that local governments impose unregulated taxes on mining. Local government units are
given the power to levy taxes, fees or charges on businesses in their areas under the local code.
Miners must also deal with communist rebels demanding revolutionary taxes and compensation for communities hosting
mining projects, and miners are harassed if they fail to pay up.
One result of large players shunning the country is that small-scale gold mining accounts for two-fifths to nearly half of annual
total mining output by value, becoming a major employer as a result. Erik dela Cruz and Rosemarie Francisco

Power Sector (GIobaI)
At The Crossroads: InternationaI Energy Investors Grow Turkish Presence
Amid a struggling US economy rife with political dissonance, a European sovereign debt crisis and Asian markets often closed
to foreigners, a stable country of 70 million in the process of a full-scale deregulation of its energy markets--without restrictions on
foreign investors--sounds almost like a fantasy.

But Turkey is that country, sitting at the crossroads between some of the most energy-rich countries in the world and some of
the most energy-hungry. As international investor dollars get allocated in the region, uncertainty about the eventual outcome of the Arab
spring has left Turkey as a standout target for foreign money.

"Turkey in and of itself is a very large market," notes Chadbourne & Parke LLP Counsel and former New York Governor
George Pataki, but on top of that "there is a Turkish component to a lot of the region," added Ayse Yuksel, managing partner of the
same firm's new stanbul office. Besides energy and project finance, Chadbourne's stanbul office concentrates on mergers and
acquisitions, private equity, capital markets, corporate finance and tax, a spokesman for the firm said.

Pataki and Yuksel sat down with AOL Energy this week at Chadbourne's New York headquarters to discuss the opportunities
in a market long sidelined by significant government ownership of the power sector and a dependence on foreign supplies of natural
gas. At Chadbourne, Pataki focuses on energy, corporate and environmental issues.

AOL Energy covered US government interest in the Turkish energy sector earlier this in the story "From Washington To
Istanbul."

More than three years ago, Pataki and a group of American visitors sat down to dinner with Turkish Prime Minister Recep
Tayyip Erdogan and asked him what his single biggest problem was. Erdogan, Prime Minister since 2003 and a major architect of the
country's progressive move towards European standards in business, told the group his biggest problem was energy, Pataki told AOL
Energy.

The country was so reliant on foreign supplies of natural gas, much of it from Russia, that a cold snap elsewhere could result in
supply cuts that, in addition to the security and service concerns, were making it very difficult to plan and grow the economy. The
country's huge untapped resources of renewable energy, as well as its access to domestic coal and nuclear generation, alongside new
transmission investment in privatized firms, were identified as the answer to the country's energy dependency.
AgricuIturaI Sector (GIobaI)
Gujarat Ranked First In DecadaI AgricuIturaI Growth in Country
More and more land in Gujarat is becoming cultivable with each passing day, for which Gujarat has been ranked
topped among all the other states in the country.
"Revolutionary steps like investment in agricultural infrastructure to improve irrigation system, employment of
latest technologies and establishment of a dedicated power grid to ensure regular power supply for agriculture sector has
contributed to agricultural growth in Gujarat, said DS Rawat, Secretary-General at Assocham.
Gujarat has succeeded in recording the highest decadal agricultural growth rate of 10.97% during 2000-01 to
2009-10, according a study by the Associated Chambers of Commerce and ndustry (Assocham).
Also, it was showcased in the report that with the ongoing agricultural revolution, Gujarat has been able to convert
around 15 lakh hectares of additional land into a cultivable area in the semi-arid state, which further has significantly
complemented a systematic and scientific development of the farm sector. The officials also confirmed that a big helping
hand has been led by the innovative and efficient management of groundwater, which turned the whole scenario for
Gujarat.
After Gujarat, Maharashtra with 10.40% growth rate picked the next spot followed by third position by
Chhattisgarh with a growth rate of 6%. Least rated were Kerala and Jharkhand, which recorded the lowest growth rate
during the decade with 0.39% and 0.37% respectively.
IndustriaI Sector (GIobaI)
South Korea's industriaI power saIes go up
Seoul, Nov 21 (ANS) South Korea's industrial electricity sales jumped 9.1 percent last month from a year earlier
due to surging demand from energy-intensive sectors, a government report showed Monday.
Sales of industrial electricity, a gauge of industrial activities, reached 21.1 billion kilowatt-hours in October, up 9.1
percent from the same month of last year, according to the Ministry of Knowledge Economy.
The October figure marked the 29th straight month of on-year expansion, and it accounted for 59 percent of total
power sales, reported Xinhua.
The last month's strong power sales came as electricity demand from energy-intensive sectors grew sharply amid
brisk exports, the ministry said.
Power consumption by the machinery industry surged 38.6 percent on-year in October, with electricity sales to
chemical firms and automobile assembly lines growing 20.2 percent and 12 percent, respectively.
Meanwhile, electricity sales for households, general usage and education edged up 0.3 percent, 2.8 percent and
3.4 percent each on-year last month, but total power sales, including industrial sector, expanded 6.1 percent on-year to
35.6 billion kilowatt- hours in October, the ministry said.