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TV Actor’s Debut Art Exhibition At The Philippine Embassy London

Stars past and present from TV’s hospital soap Holby City converged on the Philippine Embassy in London’s West End this week for the opening of a unique art exhibition by one of their own. Rebecca grant

Since leaving Holby 18 months ago Rebecca Grant (aka Sister Daisha Anderson) who is distantly related to the Royal Family – her great grandmother was Ernestine Bowes-Lyon – has been busy re-inventing herself as an artist and singer as well as continuing with a busy acting career.

Now she has emerged after long hours in her studio following in the footsteps of her late grandfather who was a highly thought of contemporary artist in France.

However, she has chosen as subject matter for her art work a collection of which has been produced over the past ten years – the environment she knows best – the theatre. Her exhibition is made up of scenes from productions she has appeared in and portraits of fellow thespians who have starred with her. These include work from Andrew Lloyd Webber’s ‘Bombay Dreams’ and London’s west end production of ‘One Flew over the Cuckoo’s Nest’ starring Christian Slater.

And for Robert Powell, one of the ex-Holby stars attending her opening night of the exhibition, there was a surprise in store.

Highlight of the opening night was his unveiling of a new and previously unseen painting by Rebecca. As he unveiled the latest work to come from the pallet of his former co-star though he realised for the first time that he was the subject. robert powell

Powell is the only Holby star Rebecca has so far committed to canvas.

After the unveiling she said : “I worked very closely with Robert when I was in Holby and admired him immensely. It seemed only right that I should paint a portrait of him.”

And Powell commented :  “I had no idea just how talented Rebecca was as an artist, as well as an on screen actor.  Nobody has ever done a portrait of me before. It’s a great likeness.”

Rebecca Grant

Her exhibition “An Actor’s Art” runs until 15 July at The Philippine Embassy, 10 Suffolk St. Visit for times and details

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PPP Information Sheet 2011

The Philippines Government has published an information sheet concerning 7 PPP Projects for 2011. Details of the tendering process and details of each project can be found in the information sheet.

The 7 infrastructure projects are:

LRT Line 2 East Extension Project

New Bohol Airport

Puerto Princesa Airport

Development of City Terminal for DMIA

Privatisation of Laguindingan Airport Operation and Maintenance

Supply of Treated Bulk Water for Metro Manila

Daraga International Airport

Follow this link for the PPP General Information Sheet.

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Invest Philippines Newsletter No. 11

The latest Newsletter ( No. 11) from the Philippines Trade Office in London.

Read the newsletter here

Articles include:

Investments in electronics hit $1.3 billion


Accenture seen creating another 5,000 jobs in 2011


RP is best performing stockmarket


Foreign tourist arrivals at all-time high






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Philippines improved credit outlook

The Makati Business Club has issued a statement on the Philippines’ improved credit outlook and in support of the Aquino administration actions. The statement is:-

MCC Statement on The Philippines improved credit outlook and successful issue of 25 year Global Peso Bonds

The latest revision by Moody’s Investor Service of its credit outlook on Philippine foreign and local currency bonds to positive from stable and the recent successful issuance of 25-year global peso bonds worth an equivalent $1.25 billion are, without doubt, manifestations of the international investment community’s interest and confidence in the country and foreign investors’ sign of faith in the Aquino administration’s economic vision and fiscal program.

The Makati Business Club thus commends the government’s economic managers for these accomplishments, with Moody’s signaling the likelihood of a near-term ratings upgrade and the bond deal continuing the innovative success of last October’s 10-year $1-billion global peso bonds, the first of its kind in Asia.

The credit rater upgraded the country’s credit rating last July to Ba3, “speculative” and “subject to substantial credit risk.”An upgrade would boost the Philippines’ credit score to the Baa level, “subject to moderate credit risk.”

On the other hand, the long-term bonds, which are denominated in pesos but will be paid off in US dollars, are designed, in part, to deal with the issue of hot foreign money flowing into the country and presenting inflationary problems for monetary authorities.

MBC further cites the bond deal’s manifold accomplishments. It took advantage of the favorable market conditions at the start of the year, when rates are relatively lower. MBC further cites the deal’s manifold accomplishments. It took advantage of the favorable market conditions at the start of the year, when rates are relatively lower. the 25 year bond was priced to yield its coupon rate of 6.25 percent , which translates to a 0.23 percent  decline from the current domestic 25 year benchmark, even after adjusting for the global bond’s exemption from the local 20 percent withholding tax on interest income.

The global bond issue also helped lengthen the country’s debt maturities, reduce exposure of the domestic economy to foreign exchange fluctuations, and develop the capital market for long-term financing in preparation for the government’s plans to partner with private companies in building 11 priority infrastructure projects that include public roads, ports, and railways.

Moody’s statement, meanwhile, cited the country’s strong external payments position, which had reduced the country’s vulnerability to external shocks, monetary policy successes, and economic policy reforms that were expected to positively affect state finances, investor sentiment, and the economy.

MBC is encouraged by these positive signs that the Aquino administration is on its way towards achieving sustained economic growth, fiscal consolidation, and further development of the domestic capital markets.

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