WELLNESS IN BUSINESS: Toyota Motors will buy more local parts as it shifts to local stamping for key model, Vios. TMP, the largest automotive assembler in the country, sees sales growing by 25 per cent this year to 70,000 units. According to Rommel Gutierrez, vice president for corporate affairs, the company will shift back to local stamping and pressing which used to be done Indonesia and Thailand. Gutierrez said TMP, prior to the 1997 financial crisis, was doing the stamping and pressing not only for local assembly but for export to the two countries. The crisis forced TMP to scale down the stamping/pressing to about 15 percent of capacity and rely on imports. “We will focus on the bulky parts. This will save us on logistics costs since we do not have to import them,” Gutierrez said.

Malaya Business News Online - Philippine Business News | Online News Philippines - Toyota to use more local parts to make low-end Vios: "The stamping and pressing localization as well as the sourcing of more Philippine-made parts would enable TMP to double the local content of the Vios in 2014 from the present 20 percent to 40 percent. Gutierrez said the plan is to adopt the same for the Innova, the other model  assembled locally, but no schedule has been set.TMP president Michinobu Sugata said the Sta. Rosa plant hopers to increase by 18 percent its production capacity to 36,300 units of Vios and Innova by the end of 2013,    by rendering overtime and holiday work.  The new Vios alone will account for 14,594 units to be built from July to December." CLICK LINK TO READ MORE

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WELLNESS IN EDUCATION: Department of Education to invest P100 million (US $2.3 million) in indigenous education. The allotted funds are to be used for capacity-building programs to train educators, partnership efforts between the government and Indigenous Peoples advocacy groups, and data analysis of domestic education. Armin Luistro, Secretary of the Department of Education said that the funds would be distributed across 100 districts in 15 regions this year. “This is part of our commitment to achieve the Education for All (EFA) 2015 targets and the Millennium Development Goals set by the United Nations,” Luistro said.

Philippines: New Funding for Indigenous Education Programs | Open Equal Free: "The Philippines is home to over 100 distinct ethnolinguistic groups, and a total indigenous population of 11.3 million people. With the announcement, the government also stressed the right of Indigenous Peoples to be educated in a context that is respectful and supportive of their heritage, identity, and the value of their indigenous knowledge, cultural practices, and skills." CLICK LINK TO READ MORE

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