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 ===[[Arts and Culture of The Philippines]]===
 ===Featured Philippine News===
+*'''Kidnappers of 2 Americans contact family'''
+:MANILA, Philippines, July 17 (UPI) -- The kidnappers of two U.S. citizens in the Philippines have contacted the husband of one of the victims, officials said.
+:Celso Lobregat, mayor of Zamboanga City, said Saturday evening the kidnappers telephoned Hiko Lunsmann, whose wife Gerfa and son Kevin Eric, were abducted from a vacation home Tuesday by a dozen armed gunmen, the Philippine Inquirer reported....[http://www.upi.com/Top_News/World-News/2011/07/17/Kidnappers-of-2-Americans-contact-family/UPI-26451310912437/?spt=hs&or=tn <font size=4 color=green>Full Story »</font>]
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 *'''Customs to check gecko shipments'''
 :July 16, 2011: MANILA, Philippines — They cling hard, they stick like glue and to the delicate, slimy and gooey. But they reportedly now cost a fortune, thanks to rumors that they can cure the dreaded Human Immuno Deficiency virus that causes AIDS.
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 :Those wanting to cash-in on the spiraling cost of geckos and smuggle them out of the country should better think twice. Like other reptilian species, geckos are covered by environment laws, Customs Commissioner Angelito Alvarez said....[http://www.mb.com.ph/articles/327060/customs-check-gecko-shipments <font size=4 color=green>Full Story »</font>]
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-*'''BSP anticipates more dollar portfolios'''
-:July 14, 2011: MANILA, Philippines — Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. Thursday said the peso and the rest of regional currencies will be affected by the shifting markets following global rating agency Moody's Investors warning of a US credit rating downgrade.
-:"There could be some near term negative impact on US treasuries and the dollar as portfolios position defensively," Tetangco said in a text message. "But the reality is the US market is still the largest and most liquid (and) with the ample liquidity in the global system and Europe facing its own problems, we can probably expect any adverse movement to be short-lived."....[http://www.mb.com.ph/articles/326855/bsp-anticipates-more-dollar-portfolios <font size=4 color=green>Full Story »</font>]
 ===Featured Sport Event in the Philippines===