Unfazed by the raging global economic crisis which has already displaced thousands of workers, the Philippine Overseas Employment Administration (POEA) said it would intensify efforts to help more Filipinos find jobs abroad this year.
Secretary Jesli Lapus spearheaded the Department of Education’s thrust to improve the competency of public school students in English, Math and Science in 2008 and the training of school principals, regional directors, division superintendents and academic supervisors to turn them into good managers.
It was a tough year for the Department of Foreign Affairs (DFA) as it struggled to deal with a host of diplomatic issues ranging from piracy in Somalia and a territorial spat with Taiwan to defending the country’s human rights record.
The global financial crisis continues to agitate the major economies of the world. It began with the US which has been experiencing a recession since December 2007. The ripple effect of this financial catastrophe has affected the economic growth of emerging economies such as the Philippines. From an outstanding GDP growth of 7.3 percent in…
SINGAPORE: Oil prices ended the year below 40 dollars Wednesday in Asian trade after a tumultuous 2008 which saw prices hit record peaks before plunging to multi-year lows.
The bears ruled the local equities market in 2008, crashing down stocks to new lows as investors headed for the exits following the economic crisis in the United States and other developed countries.
REPUBLIC OF THE PHILIPPINES SUPREME COURT MANILA TRADE UNION CONGRESS OF THE PHILIPPINES (TUCP), represented by its President, Democrito T. Mendoza
Temporary workers like Toshie Helena Oguihara were a driving force behind Japan’s economic recovery in recent years, but when the recession returned they found themselves first in the firing line.
WASHINGTON: US President-elect Barack Obama’s economic stimulus plan may cost between US$675 billion and US$775 billion (S$978 billion and S$1.12 billion) and will favour long-term infrastructure and job creation projects, his top aides said.
The government must give more incentives to encourage local carmakers to manufacture more vehicles locally, Isuzu Philippines Corp. president Keiji Takeda said recently.
From the start of the year, central bank officials knew that 2008 was not going to be an easy year.
The Bangko Sentral ng Pilipinas (BSP) has given provisional authority for the planned foreign borrowing of the National Government in the first quarter of 2009.
The Department of Education (DepEd) has partnered with World Vision Development Fund (WVDF) for the training of public school teachers on anti-child exploitation advocacy.
The Philippine Coast Guard (PCG) and the country’s maritime situation were placed under the spotlight again last year when the 23,824.17-ton M/V Princess of the Stars, carrying 864 passengers and crew, capsized one nautical mile off Sibuyan Island in Romblon on June 21.
Sen. Miriam Defensor-Santiago made a last-minute appeal for revelers to refrain from firing guns during New Year’s Eve.
Religious leaders called on Filipinos yesterday to work hard, exercise frugality and be compassionate and willing to help those in need in 2009.
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