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| DBP scholarship program and the ‘roro’ highways |
| (For the week ending April 27, 2008) |
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Over lunch last
Friday, I learned from DBP President Reynaldo David that the DBP has
launched a special scholarship program which will ensure an adequate
and continuing supply of trained and qualified professionals for
domestic and overseas requirements. For its initial project, DBP will concentrate on the training of nurses, who without any doubt, are much in demand not only locally but also worldwide. Under the program, nursing scholars will be entitled to a scholarship grant, which covers all expenses, from first year all the way to graduation. What is unique about this program is that funds will be released in advance to the participating schools, relieving the scholars of the burden of having to re-apply every semester. David said that the DBP Endowment for Education Program or DEEP is part of the bank’s contribution to the sustainable development of the country’s human resource. After nursing, David announced that DBP will focus on another very marketable skill – seamanship. It is estimated that today 1 out of every 4 seamen on board international vessels is a Filipino. As of this writing, a total of 545 indigent but deserving applicants have already taken the nursing scholarship entrance exams conducted by DBP’s partner-schools, namely: St. Louis University, Our Lady of Fatima, Cebu Normal University, Mindanao State University, West Visayas State University, Xavier University-Ateneo de Cagayan, Pamantasan ng Lungsod ng Maynila. Of this total number, 188 have already passed said entrance exams. Based on the results of the entrance examinations administered to the 545 applicants, 28% or 152 qualified scholars will be chosen for academic year 2008-2009. The DBP will be using the regional poverty incidence criteria serves as the basis in the allocation of scholars per partner-school in order to ensure balanced regional dispersal of the final 152 DEEP scholars. ***** In Bulan, Sorsogon,
the President is launching today the Central Nautical Highway
through a roll-on roll-off (ro-ro) caravan, that signifies the
completion of the Strong Republic Nautical Highway (SRNH), which is
part of her eight-point development agenda. The Department of
Transportation and Communications (DOTC) is the lead implementor of
the SRNH, together with the Philippine Ports Authority (PPA) and the
Maritime Industry Authority (MARINA). *****
The President has
strengthened the two-year-old Subic-Clark Alliance for Development (SCAD)
Council as the single body that will harmonize the strategies of the
Subic Bay Freeport Zone (SBFZ) and the Clark Special Economic Zone (CSEZ)
with the signing of Executive Order 504-A, amending Executive Order
No. 504 (Series of 2006) which created the Council. ***** |
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