Bloomberg Names Philippines Among Top 20 Emerging Markets

Wazzup Pilipinas !

Bloomberg Markets magazine has recently included the Philippines among the top 20 emerging markets.

As everyone knows, the Bloomberg Professional service is the most powerful and flexible platform for financial professionals who need real-time data, news and analytics to make smarter, faster, more informed business decisions. Bloomberg has reported the Philippines may very well be among the world’s top 10 fastest-growing economies amid robust consumer spending.

Investors have been known to pour money into emerging markets - to the tune of $50 billion last year for mutual funds that invest in developing countries, according to EPFR Global.

The Bloomberg Market magazine ranked the top 20 based on more than a dozen criteria. According to Bloomberg, the top 20 emerging markets were graded according to the ease of doing business, perceived level of corruption, and economic freedom.

Philippines Voted "Best Value of Diving Dollar" by the Scuba Diving Magazine

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Once again, the Philippines has been recognized as among the world’s top destinations for diving.

The country was included in four categories in this year’s Top 100 Readers Choice Awards by Scuba Diving Magazine, which is “based on opinions of thousands of divers from across the globe.”

The Philippines, which is part of the Pacific and Indian Ocean region, was named Best Value of Diving Dollar by the magazine, surpassing four other destinations: Palau, Malaysia, Indonesia and Thailand.

It ranked second to Indonesia in Best Macro Diving, followed by Papua New Guinea, Palau and Malaysia; and fourth in Best Underwater Photography, which was won by Fiji.

3rd International Mt. Apo Boulder Face Challenge To Boost Tourism And Environmental Protection

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The Department of Tourism (DOT) and the Municipal Government of Sta. Cruz, Davao del Sur will hold the International Mt. Apo Boulder Face Challenge on 27 – 28 April 2013 to further raise tourism activity and awareness on environmental protection for the Philippines’ highest peak.

“The protection of the environment is a major thrust of tourism. Our 21st century tourists are more discerning and tend to patronize destinations with sustainable practices. The Davao region boasts of many unique offerings and attractions: the durian, waling-waling, Philippine Eagle, and the Mt. Apo. Top that with the community’s active advocacy for protection, and we will have more desirable tourists appreciating these natural assets,” Tourism Secretary Ramon R. Jimenez, Jr. enthused.

The third international installment of the race and its sixth overall spans 113.3 kilometers: 47.8 km of biking, 50 km of trekking, 3.5 km of water tubing, and 12 km of road running. Any team of three, composed of two racers and one logistics crew, all above 18 years old, are allowed to join the race. “For regular climbers, it takes two days to climb the peak of Mt. Apo and one day to descend. This competition invites participants to do a 24-hour climb of Mt. Apo and back,” DOT Region XI Director Arturo Boncato said.