JUST A LOAN

Sweet words are easy to say; nice things are easy to buy; but good people are different to find. Life ends, when you stop dreaming; hope ends, when you stop believing; friendship stops, when you stop sharing. A good friend of mine sent me this quotation. I commented back: So very true and very well said!

Our life is borrowed - from God. No rental charges are collected from us. Many of us have forgotten this and live life to the fullest. Our life is equal to a book from a library that lends one. But how insatiable and unbearable are we in disdainful acting towards life and therefore to ourselves? Remember: life is just a loan!

My life is on loan, like money borrowed from a bank. God is the lender, and He retains the right to call in the loan any time. Though I am responsible for taking care of it, I do not own this life; it is borrowed. Why should I fear its loss or the loss of anything else in this world when I must surrender it all anyway?

Life seems to be nothing, just being ready to riddle one with bullets. Life seems to be nothing, just being broken through indifference and unreliable and immoral behavior. Life seems to be nothing for those people who don't understand cries from the heart of other people around them - cries for their hearts and families, for justice and for many other things.

Life with all its ups and downs, is just a loan, but for many of our fellow creatures it just seems to be nonsense to be littered like a dump. And, if people try to survive, especially during these days, and if they just experienced (once more!) indifference, arrogance, ignorance or cheating by whomever - they will give up! 

I can assure you that every one of us can at first help in prayers and in reading the bible. "Proverbs" is the probably most down-to-earth book in the bible. Its teachings prepare you for daily life, the street and the market place. The book offers warm pieces of advice you get; practical guidance for making your way on earth. Proverbs covers any kinds of questions you might have right now. Anybody can relate to the generalities of Proverbs, because this book simply tells how life works most of the time.

While writing this piece, I observed that more and more people struggle through life: tired, hopeless, experiencing their rock-bottoms, believing in fallacious "people" around them. I also observed a lot of people living a thief life, as if it has been giving them without limitation.

"Let's enjoy every single loophole in law!" What a sad and fatal attraction!

PSEi rallies on positive earnings reports

By Ed Paolo Salting, Manila Times

THE Philippine Stock Exchange (PSE) went up again on Wednesday by 67.78 points to close at 6,430.08.

Philstocks Financial Inc. research associate Claire Alviar and Rizal Commercial Banking Corp. chief economist Michael Ricafort said good earnings reports from the index members boosted market sentiment.

"Gains from the heavyweight companies, particularly the 3.38-percent income bump of SM Investments Corp., helped lift the PSEi," Alviar said.

Ricafort added that the market also took into account Bangko Sentral ng Pilipinas Governor Felipe Medalla's signal that inflation may have peaked in July 2022 and factored in the policy rate hike of 25 to 50 basis points on Aug. 18, 2022.

Alviar pointed out that since the market has breached its 6,400-resistance level, it will test the sustainability of that benchmark in the coming days. If the market breaks 6,400, the next indicator is 6,600.

In the United States, Regina Capital Development Corp. Managing Director Luis Limlingan said that investors turned away from US markets as House Speaker Nancy Pelosi's controversial visit to Taiwan added to the already tense US-China relations. Stocks also fell further after three Federal Reserve presidents hinted that further rate hikes would be necessary to combat high inflation.

For local catalysts, investors await the release of the PH CPI (Philippine consumer price index) on Friday and continue to be guided by release of additional earnings reports.

Oil prices are on the upward trajectory again. Limlingan said that oil futures edged up ahead of a meeting of OPEC+ producers this week that may not lead to a boost in crude supply amid concerns a possible global recession could limit energy demand. Brent futures rose 51 cents to settle at $100.54 per barrel, while US West Texas Intermediate crude rose 53 cents to $94.42 per barrel.

Market volume was up, with a net value turnover of P6.09 billion, the highest since July 8's P6.27 billion.

Suffering as proof of true love

By Fr. Roy Cimagala*

WE have to be clear about the truth of our faith. If we truly have love, the love that comes from God and not just our own idea of love, we should be willing to suffer and die for our beloved who in the end is none other than God, and because of God, is also everybody else.

This truth of our faith can be gleaned from that gospel episode where Christ asked his disciples who he was. (cfr. Mt 16,13-23) A variety of answers were given by them, until Peter himself gave the right one. “You are Christ, the son of the living God.” To this answer of Peter, Christ was so happy that he exclaimed: 

“Blessed are you, Simon son of Jonah. For flesh and blood has not revealed this to you, but my heavenly Father.” Then Christ proceeded to tell Peter about the founding of the Church, giving him the keys to the Kingdom of Heaven, such that whatever Peter would bind on earth will also be bound in heaven, and whatever he loses on earth will be lost also in heaven.

But the more intriguing part of this gospel episode is that after this very dramatic exchanges between Christ and Peter, Christ proceeded to talk about his impending passion and death.

This part of the gospel narrative somehow tells us that for us to be with Christ, some suffering would be involved. Said in another way, suffering is a clear proof that we are with Christ and that we are truly in the dynamic of real love.

Thus, we all need to be reminded that all our suffering has a positive and favorable aspect. It’s not all entirely bad and negative, though in itself it will always be bad. But if viewed and lived through our Christian faith, there is something in it that can give us a greater good. We may refer to this advantageous aspect of suffering as the happy Good News or Gospel of Suffering.

We have to remind ourselves though that we are not actually meant to suffer. Our original as well as our ideal definitive state in heaven excludes suffering. Our first parents, Adam and Eve, were in the state of original justice, where everything was in order and in harmony. No pain and suffering touched them, until they fell into sin.

And as the Book of Revelation would put it, in our definitive state of life in heaven “He (God) will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.” (21,4)

In this life, we have to expect and be prepared for the unavoidable pain and suffering. And this means that whether we are guilty or not of our pains and suffering, all we have to do is to go immediately to Christ who shows us how to handle our pains and suffering and who is ready to forgive us if ever we are deserving of suffering due to sin.

It’s true that God is always offended by our sin, and will somehow show his anger and disappointment to us. But let’s never forget that with him, anger would only be for a moment, while his mercy is forever. (cfr. Ps 30,5)

We should be quick to unite our suffering with that Christ on the cross, and thus convert our suffering as the very proof of real love!

* Chaplain Center for Industrial Technology and Enterprise (CITE), Talamban, Cebu City

Email: roycimagala@gmail.com

„Bis die Rente wieder reicht“: Senioren arbeiten mit über 70 in der Drogerie

Von: Patricia Huber, Merkur

Vielen Rentnern reicht das Geld zum Leben nicht mehr. So auch bei Wolfgang und Hannelore, die laut einem Bericht trotz Ruhestand in der Drogerie arbeiten.

Hamburg – Das Renteneintrittsalter steigt Jahrgang für Jahrgang auf aktuell bis zu 67 Jahre. Erst kürzlich hat sich der Präsident des Arbeitgeberverbandes Gesamtmetall, Stefan Wolf, für die Rente mit 70 ausgesprochen. Doch bereits jetzt arbeiten etliche Rentner trotz ihres hohen Alters weiter.

Arbeiten trotz Rente: Wenn das Geld nicht mehr reicht

Die Zahl der berufstätigen Rentner stieg in den vergangenen Jahren immer weiter. 2021 waren 1,05 Millionen Beschäftigte 67 Jahre oder älter, wie tagesschau.de berichtet. Auch der 72-jährige Wolfgang K. und die 78-jährige Hannelore H. arbeiten trotz ihres Alters noch. Vier Tage die Woche räumen sie je zwei Stunden in einer Drogerie in Hamburg Regale ein, wie die Hamburger Morgenpost berichtet.

Dafür erhalten Hannelore und Wolfgang jeweils 450 Euro. Würden sie mehr verdienen, würde ihnen die Rente gekürzt werden. Eigentlich haben die beiden den Job angenommen, um der Langeweile vorzubeugen. Mittlerweile ist er jedoch auch notwendig, um über die Runden zu kommen. Wolfgang erhält derzeit 1100 und Hannelore 1300 Euro Rente. „Früher hat das zum Leben gereicht und das Gehalt war ein schöner Bonus“, erklärt Wolfgang der Hamburger Morgenpost. Doch mit der hohen Inflation hat sich die Situation der Rentner verändert. „Seitdem die Preise steigen, bin ich darauf angewiesen.“

Wie das Statistische Bundesamt mitteilte, waren die Verbraucherpreise im Juli 2022 um 7,5 Prozent höher als noch im Vorjahresmonat. Besonders bei Nahrungsmitteln (14,8 Prozent teurer) und Energie (35,7 Prozent teurer) sind die Preise in die Höhe geschossen.

Hannelore und Wolfgang haben immerhin Spaß am Job. Er hilft ihnen dabei, fit zu bleiben – und zusätzlich den notwendigen Lebensunterhalt zur Rente hinzuzuverdienen. Aber wie lange soll das noch so weitergehen? „Na, solange es körperlich möglich ist! Bloß kein Müßiggang“, sagt Hannelore der Hamburger Morgenpost. Wolfgang fügt hinzu: „Bis die Rente wieder zum Leben reicht.“ (ph)

PLGU DdO to strengthen the implementation of Universal Health Care Law

The Provincial Government of Davao de Oro through the Provincial Health Office recently conducted an orientation about Universal Health Care (UHC) Law to the Local Chief Executives (LCEs) of the 11 municipalities held at Prosperity Hall, Nabunturan DdO on July 29, 2022, to see to it that the constituents receive the best health care possible that is equitable for all. 

The UHC act, also known as R.A. 11223, was signed into law by Former President Rodrigo Duterte last February 20, 2019. One of the goals of this legislation was to make PhilHealth membership mandatory for all Filipinos which assures that everyone has the access to quality and affordable healthcare they require wherever or whenever they need it. During the orientation, Governor Dorothy Gonzaga emphasized the importance of implementing the reforms that are embodied in the law, which would bring positive changes in the health care system in every municipality. She points out that LCEs must realize those reforms to ensure that every individual is protected from health risks, ensure equitable access to high-quality, low-cost healthcare as well as save them from financial risks. She also encouraged all the LCEs to further improve the Rural Health Units (RHUs) or Health Centers (HCs) of the respective municipalities by getting accredited with PhilHealth and Department of Health (DOH) so that it could be an avenue for the constituents, especially the less fortunate individuals, indigenous peoples, and vulnerable populations, to easily claim such benefits when emergencies arise. 

In a statement of Christopher Molina, the Local Health Insurance Head of PhilHealth Nabunturan, says that through the PhilHealth Point of Service under the National Health Insurance Program (NHIP), the patients identified as financially incapable by the National Household Targeting System for Poverty Reduction will get health subsidies from the national government. This indicates that they are also protected by the No Balance Billing Policy, which states that disadvantaged or indigent patients are not permitted to be charged any further fees beyond the package rates. "Sa mga dili kabayad, naa ta mga social worker kada provincial hospital nga mag-assess kung Indigent or disadvantage. As long as mupasa siya sa social worker nga 'incapacity' gyud sya ug dili kabayad, automatic covered sya sa PhilHealth. Walay obligasyon ang LGUs sa pagbayad kay ang mu-cover sa mga pasyente kay ang national government na through point of service," Molina said. 

Governor Gonzaga added that the Mandanas Ruling opens the door for Local Government Units (LGUs) to provide better service delivery to its constituents and through the collaborative efforts of LGUs in realizing the reforms and visions of the UHC law, the constituents will receive the best health care services in the province. (Jaynus Fernandez - Information Office, Photos by Jonie Cadiz)

My life in the Philippines is really awesome and wonderful

 

Even Christ needed to pray

By Fr. Roy Cimagala*

“JESUS made the disciples get into a boat and precede him to the other side of the sea, while he dismissed the crowds. After doing so, he went up on the mountain by himself to pray. When it was evening he was there alone.” (Mt 14,22-23)

As can be clearly seen in this gospel passage, even Christ had need to pray. As God, we can say that he had no need to pray. As a man, of course, he had to. But Christ is one divine person. When he prayed, we have to understand that he prayed both as God and man.

This consideration can only mean that prayer is an essential and indispensable element in God and man who has been created in God’s image and likeness. We need to realize that prayer is an essential and indispensable element in our life. Without prayer, we would actually violate our humanity.

We need to understand that we need prayer more than we need air or water or food. Prayer is what connects us and likens us to God. Prayer is what makes our life a life with God as it should be. We should, therefore, cultivate a life of prayer, making prayer like an instinct, such that whatever we are doing, whatever situation we may be in, we should be praying.

To be sure, prayer can be done anytime, anywhere. Praying is not simply a matter of reciting some vocal prayers or participating in liturgical prayers. It is not only a matter of meditating on some truths of our faith. All of these are very important, of course, and highly recommended. They are the basics to learn if we wish to develop a working life of prayer.

The ultimate prayer is when our very consciousness always has God in Christ through the Holy Spirit as its core. This may be described as contemplative prayer which will have its definitive state in heaven when we see God face to face and when our identification with him becomes perfect. This is when we will have a beautiful vision.

We have to understand that it’s when we pray, that is, when we truly pray and not just going through the motions of praying, that we would be engaging ourselves with the most important person in our life, God himself. He is absolutely our everything, without whom nothing and no one has any importance.

It’s when we pray that we manage to relate who we are, what we have, what we do, etc. to our ultimate end which, to be sure, is not something only natural but is also supernatural. Nothing therefore can rival the importance of prayer. In other words, prayer is irreplaceable, unsubstitutable, indispensable. It’s never optional, though it has to be done freely if we want our prayer to be real prayer.

The absolutely important thing that makes prayer real prayer is when we manage to give all our mind and heart to God in whatever thing we do or in whatever situation we may find ourselves in. That’s why St. Paul once said, “Pray without ceasing.” (1 Thes 5,17) That’s simply because our whole life has to be a prayer, since it is meant to be in constant and intimate relationship with God.

So, even our work and all our earthly concerns can be made into prayer as long as we have the proper motive and frame of mind. 

* Chaplain Center for Industrial Technology and Enterprise (CITE), Talamban, Cebu City

Email: roycimagala@gmail.com

BDO income up 12% to P23.9B

 

NEW FUNDS A view of BDO Unibank Inc.’s main office building in Makati City. According to the lender, it has raised P52.7 billion in new funds through fixed-rate Asean Sustainability Bonds. PHOTO BY ENRIQUE AGCAOILI

BDO Unibank Inc. (BDO) posted a 12-percent increase in its net income for the first half of 2022 to P23.9 billion on the back of strong results across its core businesses.

In a disclosure to the Philippine Stock Exchange on Monday, BDO said its customer loan portfolio grew by 9 percent, bolstered by an 11-percent increase in its current account savings accounts (CASA) deposits, which now comprise 85 percent of total deposits.

The company said noninterest income was up to P34.3 billion, lifted by the increased volume of transactions, translating into an increase in fees and insurance premiums.

Pre-provision operating profit also increased up to P39.2 billion, reflecting the strength of core income sources amid a tempered increase in operating expenditures.

Asset quality sustained its improvement as the nonperforming loan ratio went down further to 2.39 percent, as against 2.72 percent a quarter ago and 3.12 percent year on year.

BDO continues to roll out new digital capabilities and self-service technologies across branches to make banking services more accessible, easier to use and operationally efficient. These branch innovations include paperless straight through processing capability, covering 80 percent of branch transactions and card-less automated teller machine transactions using biometrics, facial recognition and QR codes.

BDO is now also offering its mobile wallet, BDO Pay, to non-BDO account holders. BDO Pay does not require any initial deposit nor maintaining balance, and currently allows fund transfers to other bank accounts without transaction fees.

BDO's established business franchise, healthy capital position and sustainable earnings performance reinforce the bank's resilience against prevailing macroeconomic headwinds and puts it in a good position to capitalize on the country's opportunities for sustained long-term growth.

Marcos declares 10-day national mourning for FVR

Former president Fidel V. Ramos (REUTERS/Romeo Ranoco / MANILA BULLETIN)

by Betheena Unite, Manila Bulletin

President Ferdinand “Bongbong” Marcos Jr. has declared a 10-day period of national mourning over the passing of former President Fidel V. Ramos.

The signed proclamation stated that with the contributions of Ramos, who is also known for his initials FVR, “it is fitting to devote a period of national mourning to pay tribute to an esteemed leader who has dedicated his life to public service and has left a lasting mark on our country.”

 

During the Period of National Mourning, the Philippine flag shall be flown at half-mast as a sign of mourning on all buildings and places it is displayed as stated under Chapter 1 of Republic Act No. 8491 or the “Flag and Heraldic Code of the Philippines.”

Ramos was the country’s 12th president from 1992 to 1998.

Prior to his presidency, he served as the chief of Philippine Constabulary from 1972 to 1986, chief of staff of the Armed Forces of the Philippines (AFP) from 1986 to 1988, and Secretary of National Defense from 1988 to 1991.

He was named as Military Hero of the Peaceful People Revolution for his paramount role in returning democracy to the Philippines.

On Sunday, the Palace extended sympathy to the loved ones of FVR, who passed away at the age of 94.

“Our family shares the Filipino people’s grief on this sad day. We did not only lose a good leader but also a member of the family,” the President said in his statement.

He also called on the citizenry to pray for the eternal repose of the former president.

God’s providence and our little contribution

 

By Fr. Roy Cimagala *

“HE said to them, ‘There is no need for them to go away; give them some food yourselves.’ But they said to him, ‘Five loaves and two fish are all we have here.’ Then he said, ‘Bring them here to me,’ and he ordered the crowds to sit down on the grass.” (Mt 14,16-19)

And so the story goes that led to the great astonishment of Christ’s disciples when at the end, in spite of what little the disciples contributed in the feeding of the people, there was a great amount of excess of the bread—12 baskets full—that was given to the crowd that followed Christ.

This gospel episode simply shows us that God always provides for our needs, no matter how helpless we may be in certain situations in our life. We should just trust in God’s almighty providence even as we do our part in resolving whatever problems and predicaments we can find ourselves in.

In this regard, Christ himself reassures us with these words: “Look at the birds of the air, for they neither sow nor reap nor gather into barns; yet your heavenly Father feeds them. Are you not of more value than they?” (Mt 6,26)

And he continues: “So why do you worry about clothing? Consider the lilies of the field, how they grow: they neither toil nor spin; and yet I say to you that even Solomon in all his glory was not [c]arrayed like one of these. Now if God so clothes the grass of the field, which today is, and tomorrow is thrown into the oven, will He not much more clothe you, O you of little faith?” (Mt 6,28-30)

Yes, with a little help from us, the full wonder of God’s grace and providence would be revealed to us. This was articulated by Christ himself during the multiplication of the bread.

It is very moving to realize that what God is asking of us is actually very little in comparison to what he will be giving and doing for us. Another gospel episode that highlights this point is that of the miraculous catch of fish. (cfr. Lk 5,1-11)

Christ asked Peter to go to the deep and lower the nets for a catch. Peter at first was hesitant because he was fishing the previous night and caught nothing. But to Peter’s credit, he just obeyed Christ. And lo and behold, Peter caught such a large quantity of fish that he had to ask help to bring the enormous catch of fish to the shore.

It is indeed very reassuring that this is actually what happens in our relationship with God. All that we need to do are just the little duties we have, and God’s grace will come to us in abundance.

We simply have to do things in good faith, in obedience to God’s will, though sometimes God’s will would require extraordinary effort and sacrifice. But then again, whatever investment we have to give, even if in our own estimation it is already quite sizable, is nothing compared to what God will give us in return.

Corresponding to God’s will in our own small way is the highest yielding investment we can make. Let us remember that God can never be outdone in generosity. Christ himself said: “Whoever has (referring to one’s faith and trust in God) will be given more, and he will have an abundance. Whoever does not have, even what he has will be taken away from him.” (Mt 13,12)

* Chaplain Center for Industrial Technology and Enterprise (CITE), Talamban, Cebu City

Email: roycimagala@gmail.com