A New Vision and Credit Policy Framework for Financing LGUs Basic Services and Development Projects

This paper presents a new vision and the proposed policy framework for financing local government’s basic services and development projects. This vision intends to wean away the LGUs from their dependence on the national government and to promote a more effective private sector participation in developing and funding local projects. The credit policy framework aims to direct and make LGUs creditworthy to the private sources of capital.local government unit, capital markets, services sector, credit program

Government Guarantees in Infrastructure Projects: A Second, Third Look at the Policy

To encourage private sector participation in public infrastructure projects, government guarantee has been utilized as an instrument to mitigate the risks associated with public investments. However, this creates contingent liabilities that the government has to face. This issue argues that the government must move towards project financing structures having less provision for subsidies and guarantees. Private sector should then have greater risk participation while strict monitoring measures should be implemented concerning contingent liabilities.government guarantee, public infrastructure projects, BOT scheme, private sector participation, contingent liability

Liberalization in Directed Credit Programs for SMEs

To evaluate the effectiveness of approaches to improve policies toward the development of small and medium enterprises, this article assesses the efficiency of directed credit programs and the impact of a liberalized design of a specific project.credit program, borrowing behavior, borrower

Liberalization in Directed Credit Programs for SMEs

To evaluate the effectiveness of approaches to improve policies toward the development of small and medium enterprises, this article assesses the efficiency of directed credit programs and the impact of a liberalized design of a specific project.credit program, borrowing behavior, borrower

Efecto terapéutico del extracto etanólico de Erythroxylum coca spp. en anemia ferropénica inducida en ratas Holtzman macho

Coca leaf has been traditionally used for medical purposes and contains high iron levels. Objective: To determine the effect of Erythroxylum coca spp. ethanol extract in iron-deficiency anemia induced by iron-deficient diet in male Holtzman rats. Design: Experimental. Setting: Institute of Pathology Laboratory, Universidad Nacional Mayor de San Marcos. Biologic material: Eighteen weaned male Holtzman rats 16 days old. Interventions: Rats were allocated to three groups of six rats each: a) iron-sufficient group (IS) received 25 g/d of balanced diet for 7 weeks; b) iron-deficient group (ID) received 25 g/d of iron-deficient diet for 7 weeks; and, c) irondeficient/ E. coca extract group (ID-CE) received 25 g/d of iron-deficient diet for 7 weeks, and in the fifth week 18 g/d of E. coca extract were added. Main outcome measures: Serum hemoglobin level, weight and height. Results: At the end of the treatment, there was significant difference of hemoglobin in the ID-CE group (p=0.04). There was significant difference in serum hemoglobin levels between ID-CE and ID groups (p=0.0062). No significant difference was found in serum hemoglobin levels between ID-CE and IS groups (p=0.06). No significant difference was found in weight and height between ID and ID-CE groups (p=0.20 and p=0.23, respectively). Conclusions: E. coca had experimental antianemic effect supported by findings in the serum hemoglobin levels.La hoja de coca ha sido usada tradicionalmente con fines medicinales y contiene altos niveles de hierro. Objetivos: Determinar el efecto del extracto etanólico de Erythroxylum coca spp. frente a anemia ferropénica inducida por dieta deficiente en hierro, en ratas Holtzman macho. Diseño: Experimental. Lugar: Laboratorio del Instituto de Patología, Facultad de Medicina, Universidad Nacional Mayor de San Marcos. Material biológico: Dieciocho ratas Holtzman macho de 16 días de edad recién destetadas. Intervenciones: Se formó tres grupos de seis ratas cada uno: a) grupo hierro suficiente (HS), recibió 25 g/d de alimento balanceado durante 7 semanas; b) grupo hierro deficiente (HD), recibió 25 g/d de dieta ferropénica durante 7 semanas; y, c) el grupo hierro deficiente – extracto E. coca (HD-EC), recibió 25 g/d de dieta ferropénica durante 7 semanas y a partir de la semana 5 se agregó 18 g/d de extracto de E. coca. Principales medidas de resultados: Nivel sérico de hemoglobina, peso y talla. Resultados: Al finalizar el tratamiento, se observó aumento significativo de la hemoglobina en el grupo HD-EC (p=0,04). Se encontró diferencia significativa en los niveles séricos de hemoglobina entre los grupos HD-EC y HD (p=0,0062). No se encontró diferencia significativa en los valores de hemoglobina entre los grupos HD-EC y HS (p= 0,06). No se evidenció diferencia en el peso y la talla entre los grupos HD y HD–EC (p=0,20 y p=0,23, respectivamente). Conclusiones: E. coca presenta efecto antianémico experimental, sustentado en los resultados de los niveles de hemoglobina

A case analysis on the management practices of kimpura and sugi Japanese restaurant

This paper aims to know the management practices being followed by Kimpura and Sugi Japanese Restaurants. Both restaurants have a branch at Greenhills, San Juan and Makati where there is great access to the higher classes of society. Discussions in the study were focused on the activities engaged by the two restaurants in relation to the selection processes, training programs, planning and decision-making, promotion and motivation. In addition, the style of management, either a Japanese or Filipino will be taken up as well as the similarities and differences in the management practices by Kimpura and Sugi Japanese Restaurant. The study falls under the descriptive method since the study required a description of the management practices of Kimpura and Sugi. Interviews were conducted with those who belong to the upper-level management and middle-level management. These positions include the FoodService Supervisors, Dining Supervisors, Personnel Supervisor, Executive Chef and Receptionist. On the other hand, the lower-level management positions of the restaurants were interviewed to be able to cross-validate the answers given by each of the interviewees. After gathering information based from the interview with Kimpura and Sugi, the results were achieved. With the given findings, the researchers were able to conclude that the two restaurants did not succeed because of the Japanese style of management. In management, both the Japanese style and the Filipino style were being practiced by the two restaurants as can be seen on their attitudes toward work. Based on the study, the researchers recommend students to look at the lifestyle of Japanese chefs in the country. Not much was said about them but they contribute a lot in the over-all operation of the restaurants. For the restaurants, management should not only focus on the lower-level management because the middle-level management also need some training and open discussions