Entries for April, 2011

I have to put this in to writing because, well, it's a first.

Anyway, I got a prize for a story I wrote. Every month, our editors pick a Story of the Month. A story becomes the Story of the Month if it it is an exclusive, had all the sides covered and is well-written. If your story is chosen as the Story of Month, you get P10,000 which is taxable but hey, it's still a great amount right? The contenders get a prize as well. Not in the form of cash but gift certificates.

 

I did not get the P10,000 cash prize but my story was among the selections for Story of the Month so I got gift certificates to Fish & Co. Not bad at all. It comes as a shock to me though because I wrote the story a few days right after I was moved back to my first beat. And that was a really tough time for me.

Anyway, I posted the story to this entry just in case you're in the mood to read.

The Economy
Reduced interest in PPP expected
Louella D. Desiderio March 16, 2011


THE GOVERNMENT expects less appetite from Japanese firms for projects under public-private partnership (PPP) deals this year, as that country will likely focus on reconstruction following a devastating earthquake and tsunami last week, officials said yesterday.

Finance Undersecretary John Philip P. Sevilla said in a telephone interview yesterday that Japanese firms can be expected to focus first on rehabilitation projects at home before considering investments in other countries.

Yes, there would be an impact. It would be crazy to say there would be no impact since they may have to deal with rehabilitation, he said, when asked how the disaster could affect Japanese interest in PPP projects.

It will be recalled that Japan was the second country, after the US, to be visited by Philippine officials who briefed businessmen there on the government's PPP program.

At the same time, Mr. Sevilla said it would be hard to say how much (the impact would be) since there hasn't been a formal mechanism in place (for solicitation of projects).

He recalled, though, that there had been Japanese investors who expressed interest in PPP projects before last week's disaster.

Budget Sec. Florencio B. Abad said it remains to be seen how much Japanese interest has been diverted to domestic needs.

There has been no assessment so far because, as we speak, certain emergencies are still being faced, like continuing nuclear facility crisis and continuing aftershocks, not to mention priority being given to recovery and relief efforts, he said via text.

For his part, Public Works Sec. Rogelio L. Singson admitted that Japanese companies can be expected to focus on the needs of their country first.

I would suspect they would do that...because of what happened (earthquake and tsunami), he said in an interview.

He added, however, that the government will just have to look elsewhere for investors who will take up the slack.

Definitely, we are not banking solely on Japan, Mr. Singson said.

We are expecting also investors from South Korea and China and other countries, he added.

 

 

Posted by Louie on April 13, 2011 at 06:23 PM | Add a Comment

 

I am moving to another beat again. I seem to be almost always part of the reshuffle of assignments in the office. Beginning Monday, I will be covering the Department of Agriculture and the Department of Environment and Natural Resources as well as their attached agencies.

Why am I moving again after going back to my first beat just last March? Well, one of our reporters left the company. This is almost always the reason behind the changes in our beat assignments.

I am used to moving from one beat to another. If I were to describe how every single day of my life at work is, it would be suffice to say that it is one full of uncertainty. You never know how your day will turn out to be. Will I get my source to talk about this issue? Where do I have to be at this time? What issue can I follow-up today? These are questions I have to find answers to everyday. And it does not end there. I have to write the story and submit it. After it is submitted, the editors would sometimes still have questions so I should make sure my cellphone's battery is fully charged just in case I get calls from the office. There was one time when I even got call at 11 p.m.  Despite all the uncertainties, I like what I am doing now. I am not sure if I said this before but I like it because I know that what I write would have an impact or would influence someone in some way and I feel through that, I am being relevant. I like it but, there's a but. Still working on that fresh start.

 

 

 

 

Currently watching: Down with Love
Posted by Louie on April 30, 2011 at 10:41 PM | Add a Comment
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