Task Performance 1_Group 1

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Group 1 News REMITTANCE AFFECT THE PHILIPPINES

ENVIRONMENTAL SUSTAINABILITY?

HOW DO REMITTANCES TO THE PHILIPPINES AFFECT ITS ENVIRONMENTAL SUSTAINABILITY?

Evidence

Evidence based on the augmented ARDL approach Remittances to the Philippines constitute a prominent part of its economy However, remittance's effects on the environment have not been researched. In this regard, this research examines the direct and indirect impacts of remittance inflows on the Philippines' environmental sustainability for the 1977–2016 period by proposing a multivariate model, and by utilizing the augmented ARDL and VECM methods to estimate this model. Our findings indicate that remittance inflows threaten environmental sustainability in the long run both directly and indirectly by boosting income and energy (oil) consumption

The results additionally imply that income and energy consumption also increase the ecological footprint of the Philippines in the long run However, economic globalization's long-run impact is insignificant, yet its short-run impact is significantly negative on the country's level of environmental degradation Additionally, the findings reveal that the feedback hypothesis is valid between income and

energy consumption in the long run, but the neutrality hypothesis is valid in the short run This research's findings reveal that remittance inflows' impact on the environment is significant, and can occur through direct and various indirect channels, therefore, these inflows should be an integral part of sustainability policies in the Philippines, as ignoring them could cause further environmental decline

Volume 1, Issue 4 March 2024
Manila’s Informal Settlers Face Relocation in Exchange for Clean Bay
Philippine Collegian www pinterest ph/phkule/
Members: Christian Roi Ramayrat Estelita Simangan Erron Jade Tadit Rafael Sulitana Roan Ralph Yee

OPINION AND POLITICS

The Economics of Net Metering Policy in the Philippines:

The Philippines is one of the first countries in Southeast Asia that introduce an incentivized selfconsumption policy for small scale solar PV systems Electricity tariffs in the country are the highest in the region and the costs of generating electricity from a PV system have reached above grid parity. Incentivized self-consumption schemes include net billing and net metering arrangements, and in the literature, these schemes are loosely described as net metering schemes Both frameworks allow customers to generate their own supply and export surplus electricity to the grid. Under net billing arrangement, excess electricity receives monetary compensation while under net metering, customers receive energy compensation. The study assessed the two frameworks under Philippine conditions and the results show that net billing provides an attractive rate of return and encourages participants to self-consume rather than export electricity to the grid.

Net metering on the other hand generates higher rate of return than net billing and encourages investments However in larger systems that could also maximize electricity exports Since the program implemented under the incentivized selfconsumption scheme is supported by distribution utility customers, net metering would result in higher financial burden to ratepayers. The study results affirm that the government policy choice is more balanced, responding to the needs of program participants while not placing an unwarranted burden on distribution utility customers.

ENTER TAINM ENT:

Drama-in-schools in the Philippines: Drama in the Philippines has been an integral part of the lives of Filipinos. Drama-in-schools came about with the establishment of the formal school system during the Spanish and American periods of colonization of the Philippines. With the establishment of the public school system, the American teachers introduced drama in the schools, as part of their English and Literature classes. At present, neither elementary nor high school curriculum designates a specific subject or time exclusively for drama. Instead, drama in schools was integrated into other subjects such as English, Filipino, History or Social Studies Music, Art, Physical Education, and Health (MAPEH). There are many challenges confronting drama/arts education but despite all these, there has been a strong and vibrant tradition of drama in the Philippines for many years now, not only in schools but also in many communities. Arts education in the Philippines should be further supported and strengthened as it can contribute to developing a strong and creative citizenry.

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https//wwwpinterestph/pin/806566614540969882/

Monetary Policy Rules in Emerging Market Economies:

The paper reviews the recent conduct of monetary policy and the central banks’ interest rate-setting behavior in emerging market economies Using a standard open economy reaction function, we test whether central banks in emerging market economies react to changes in inflation, output gap, and the exchange rate consistently and predictably. In most emerging market economies, the interest rate responds strongly to the exchange rate; in some, the response is higher than that to changes in the inflation rate or the output gap. The result is robust to alternative specification and estimation methods This highlights the importance of the exchange rate as a source of shock and supports the “fear of floating” hypothesis. Evidence also suggests that in some countries the central bank’s response to a negative inflation shock might be weaker than to a positive shock Monetary Policy plays a critical role in every country’s economy. The Bangko Sentral ng Pilipinas (BSP) is primarily responsible for how effectively applying the country's Monetary Policy With the propositions of the new macroeconomics system and further widening of the inflation targeting, monetary policy has increasingly adopted the interest rate as an instrument and inflation as the ultimate goal. A monetary policy approach differs significantly in its effectiveness and cost which would change compared with the emerged countries.

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SPORTS NEWS

A R N I S

The Embodiment of an Authentic Filipino Art of Self-Preservation and Well-being : The study discussed the cultural and historical significance of arnis, the indigenous art of selfpreservation developed by the early Filipinos. As a form of self-defense, arnis, kali, or eskrima is deemed to have evolved in the Philippines during the pre-colonial period through ingenuity, multicultural interaction, and friendship between aboriginal Filipinos and Asian traders

Arnis is a graceful yet exquisite hand-to-hand and armed routine intended for combat with a peculiar history linked to rebellion and struggles among commoners who sought freedom from the ruling colonizers It is interesting to report that the symbolic authentic Filipino Martial Art (F M A ), which has been passed on through generations, had eventually reached the pedestal of recognition as a national sport, art, and culture of the Philippines under the Republic Act 9850. Arnis continued to become popular from the local to the international arena, where Filipino grandmasters, masters, and practitioners conduct seminar training and promotional tournaments to brush elbows with

their counterparts in high regard and camaraderie. As a sport, it contributed to the physical development, well-being, discipline, and character of the players or practitioners from different walks of life. The Filipino people's sense of nationalism, patriotism, and national identity is reflected in arnis as a part of their rich historical and cultural, conducted heritage

In the movie "The Last Dragon" Arnis, also known as Eskrima or Kali, is featured as a martial art because of its dynamic and visually striking movements Arnis is a Filipino martial art known for its use of sticks, knives, and empty hand techniques Its inclusion in the movie adds an element of authenticity and excitement to the fight scenes, showcasing the speed, skill, and precision of Arnis practitioners By featuring Arnis, the movie pays homage to the rich martial arts traditions of the Philippines and brings a unique and engaging fighting style to the big screen.

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SCIENCE AND TECHNOLOGY:

PRTICULAR INVENTIONS AND DISCOVERIES

Windmill is a machine that harnesses the power of the wind. Windmills may be used to grind grain into flour, to pump water, or to produce electricity. A windmill has a number of blades that spin around when wind blows on them. The blades are mounted on a tall tower or building. Dr. Leo Gasendo is a U S inventor who came from the Philippines He invented several things like the first windmill made of bamboo, canvas, plywood and carbon steel. The windmill has 12 sails with huge wind contact areas These areas allow it to harvest and convert unlimited amounts of wind into cheap electricity.

Renewable energy is derived from resources that replenish naturally such as biomass, sun, wind, rain and geothermal heat. In the modern world where global warming and other environmental issues are becoming a great concern,

harnessing energy from these resources has become increasingly important, if not imperative. The Philippines is a country that is frequently hit by the effects of global warming while also dealing with high energ d d Thi i h f the energ beco

Rene del Rosario Braquesa He is a biologist and an environmentalist He worked on

National Commission for Wildlife Conservation and Development in Riyadh, Saudi Arabia since 1990. He breeds turtles and takes care of the endangered species which is the sea cow or the “dugong". Dugongs in the Philippines are threatened by habitat loss and degradation, direct and indirect , and pollution resulting from a steadily growing human population.

Increasing development of coastal areas, particularly in Palawan, is leading to habitat loss and degradation of the seagrass meadows that dugongs rely on.

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HEALTH AND BEAUTY: FACTS AND PICTURES ABOUT COSMETICS, HEALTH BELIEFS, AND ETC.

Filipino makeup brands are starting to make a name for themselves, establishing promising and quality makeup products in the local scene that cater to Filipino beauty:

1.) Colourette Cosmetics.

2.) Issy & Co.

3.) Sunnies Face.

4 ) BLK Cosmetics

5 ) Happy Skin

6.) GRWM Cosmetics.

7.) Strokes Beauty Lab.

8.) Vice Cosmetics.

Colourette Cosmetics stood out with its multi-use products that can be applied on the lips, cheeks, and eyes. This proudly Filipina beauty brand has captured the hearts of many women in the country since it targets morena beauties and promotes inclusivity and versatility.

You sent Some of their bestsellers include the Colourtints (oil-based multi-use tints) that are popularly used by a good number of social media influencers in their GRWM (get ready with me) videos and Coloursnaps (multi-use tinted balms) that are perfect for everyday use and ladies that are on the go

Response to Illness Filipino older adults tend to cope with illness with the help of family and friends, and by faith in God. A complete cure or even the slightest improvement in a malady or illness is viewed as a miracle Filipino families greatly influence patients’ decisions about health care. Patients subjugate personal needs and tend to go along with the demands of a more authoritative family figure in order to maintain group harmony. Before seeking professional help, Filipino older adults tend to manage their illnesses by self-monitoring of symptoms, ascertaining possible causes, determining the severity and threat to functional capacity, and considering the financial and emotional burden to the family.

They may even resort to utilizing traditional home remedies such as alternative or complimentary means of treatment. They may discuss their concern with a trusted family member, friend, spiritual counselor or healer (Yeo, 1998) Seeking medical advice from family members or friends who are health professionals is also a common practice among Filipino older adults and their family members, especially if severe somatic symptoms arise (Anderson, 1983).

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EDITORIAL: REMITTANCE AFFECT THE PHILIPPINES ENVIRONMENTAL SOCIETY

In the article of Alper Karasoy (2021), Remittances to the Philippines constitute a prominent part of its economy. However, remittances' effects on its environment have not been researched. In this regard, this research examines the direct and indirect impacts of remittance inflows on the Philippines' environmental sustainability for the 1977–2016 period by proposing a multivariate model, and by utilising the augmented ARDL and VECM methods to estimate this model Our findings indicate that remittance inflows threaten environmental sustainability in the long‐run both directly and indirectly through boosting income and energy (oil) consumption. The results additionally imply that income and energy consumption also increase the ecological footprint of the Philippines in the long‐run. However, economic globalisation's long‐run impact is insignificant, yet its short‐run impact is significantly negative on the country's level of environmental degradation.

Additionally, the findings reveal that the feedback hypothesis is valid between income and energy consumption in the long‐run, but the neutrality hypothesis is valid in the short‐run This research's findings reveal that remittance inflows' impact on the environment is significant, and can occur through direct and various indirect channels, therefore, these inflows should be an integral part of sustainability policies in the Philippines, as ignoring them could cause further environmental decline. paraphrase this into simple English without decreasing the words

Remittances are a significant source of income for many Filipino families, with millions of overseas Filipino workers sending money back to their loved ones in the Philippines While remittances have economic benefits for the country, they can also have negative effects on the environment and sustainability.

One way remittances can impact the environment is through increased consumption and waste generation. Families that receive remittances may have more disposable income, leading to higher levels of consumption and a greater demand for goods and services This can result in increased production and resource extraction, leading to more pollution and environmental degradation

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