NEWSFLASH

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PHILIPPINES, TOP RETIREMENT DESTINATION

Manila, Jan. 25, 1998 - Based on cost of living, health care, special benefits, real estate, culture, safety and stability, climate and infrastructure categories, the International Living retirement index picked the Philippines as world's top retirement destination.

The Philippines' new opportunities for international business with residential areas and golf villages being built in Subic suited for retirement lifestyle, improved electricity, improved law enforcement which has reduced risk of kidnappings, English spoken language by the people, well-developed service economy with emphasis in nursing and paramedical skills, care-giving instinctive to Filipinos and solid Christian way of life make up for the choice.

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