December 20th, 2008 --
The Toyota Motor Corporation was founded by Kiichiro Toyoda of Japan in 1936. Toyota had its humble beginnings as a division of Toyoda Automatic Loom Works, a textile company. In 1993 it was encouraged by the Japanese government to venture into the construction of vehicles because of the shortage of vehicles brought about by the war with China.
Cars built by them originally carried the “Toyoda” brand. But Risaburo Toyoda, who married into the family, pressed that “Toyota” be used instead. In Japan, it is quite common for the male to take the family name of the female, especially if it is a prominent name. Risaburo reasoned that the “Toyota” used 8 brush strokes and was thus a lucky number. And since the family name translated to “rice field” it would prevent associating themselves with the farming industry.
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Toyota
Category : Davao Cars · Davao
December 20th, 2008 --
Ret. Gen. Edgar B. Aglipay, chairman of The Philippine Retirement Authority (PRA), said that they are working hard to position the Philippines as a haven for foreign retirees who will be drawn to the country by its lower cost of living (and tropical climate, I might add).
Steps for applying for a Philippine Retirement Visa can be found here. This is different from the recently signedExecutive Order No. 758 or the Special Visa for Employment Generation (SVEG), which allows a foreigner to stay indefinitely in the country if they employ 10 or more people in a business that they have set up in the Philippines.
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Retirement,, Philippines
Category : Davao · Davao Travel
December 18th, 2008 --
Archbishop Capalla, head of the Davao Archdiocese of the Catholic Church, announced via pastoral letter last Sunday that indulgences for people’s inner renewal will be granted in celebration of the Diamond Jubilee of the Davao City Archdiocese.
Definition of a Catholic Indulgence
An indulgence is the extra-sacramental remission of the temporal punishment due, in God’s justice, to sin that has been forgiven, which remission is granted by the Church in the exercise of the power of the keys, through the application of the superabundant merits of Christ and of the saints, and for some just and reasonable motive. [source]
What is Temporal Punishment in a Catholic Context?
Catholic theology teaches that there are two punishments for sin; one is called eternal and is inflicted in hell, and the other is called temporal and is inflicted in this world or in purgatory. The sacrament of penance remits the eternal punishment and only part of the temporal. Doing penance (prayer, fasting, almsgiving, works of mercy and patient suffering) remits temporal punishment. The purpose for temporal punishment is a satisfaction for sin, and to teach the penitent the great evil of sin and to prevent from falling again.[source]
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Catholic, Faith, Forgiveness, Penance
Category : Davao · Davao Faith
December 16th, 2008 --
Despite a world wide crisis which are affecting the availability of OFW jobs, President Gloria Macapagal-Arroyo announced to an OFW crowd at the Sheraton Doha Hotel and Resort that Qatar is in need of 37,000 more workers to meet the workforce demands of their booming economy. A huge crowd of OFW’s met with the President during her trip abroad.
Due to the world wide economic crisis the government is working hard to take care of the retrenched OFW’s which is expected to reach 6000. She announced a P250-million Filipino Livelihood Support Fund to help OFWs who have been laid off to pursue their studies or engage in livelihood projects.
President Arroyo then thanked the Filipino OFW workers for their sacrifices and wished them a Merry Christmas.
[source]
Jobs, Qatar, OFW
Category : Davao · Davao Jobs
December 4th, 2008 --
Davao City Mayor Rodrigo Duterte said that only the President has the capability to solve the impending problem of home loan foreclosures in socialized housing units of the real estate sector. This he said to the 70 presidents of the different homeowners associations during a meeting of the Davao City Federation of Homeowners Associations (DCFHA) at the gym of Kapitan Tomas Monteverde Elementary School.
He requested Cabinet Secretary Silvestre Bello III to be the main conduit for the homeowners with housing loan problems to the president of the Philippines.
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home loan, equity, home loan refinance, home loan mortgage, real estate mortgage
Category : Davao Business · Davao · Davao Real Estate