Monthly Archives: January 2009

Sugar output may dip 11%

Published by rudy Date posted on January 10, 2009

THE Philippines, Southeast Asia’s second-biggest sugar exporter, lowered its output forecast by about 11 percent, after heavy rains curbed production of cane milled to make the sweetener, a government official said yesterday.

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Why push 5-year college system? Ched asked

Published by rudy Date posted on January 10, 2009

The Alliance of Concerned Teachers (ACT) has asked the Commission on Higher Education (Ched) to first explain the rationale behind its plan to implement a mandatory five-year college course for all students in the country, before its implementation.

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Albay tops in HIV cases in Bicol, NGO says

Published by rudy Date posted on January 10, 2009

The province of Albay has posted the highest number of reported cases of Human Immune Deficiency Virus (HIV) in the Bicol region as of last month, a non-government group that monitors the state of the region’s reproductive health yesterday said.

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Malacañang bares list of holidays for 2009

Published by rudy Date posted on January 9, 2009

Malacañang released yesterday the list of holidays for the year as a guide to all of the country’s workers and employers.

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YEARENDER: DILG cites significant accomplishments in 2008

Published by rudy Date posted on January 9, 2009

MANILA, Philippines — The year 2008 has been good for the Department of the Interior and Local Government (DILG) and its attached agencies, including the Philippine National Police (PNP), the Bureau of Fire Protection (BFP) and the Bureau of Jail Management and Penology (BJMP).

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Most Pinoys want polls computerized

Published by rudy Date posted on January 9, 2009

MANILA, Philippines — Filipino voters are almost unanimously for poll automation, which they believe is the best defense against fraud, results of a Social Weather Stations (SWS) survey showed.

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Comelec to get P8 billion for poll automation

Published by rudy Date posted on January 9, 2009

MANILA, Philippines — The country’s elections chief is confident of getting at least P8 billion for poll automation in 2010.

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60,000 OFWs hired last month

Published by rudy Date posted on January 9, 2009

More than 60,000 overseas Filipino workers (OFWs) were hired in various countries abroad in the last month of 2008 despite the financial crisis, the Philippine Overseas Employment Administration (POEA) reported yesterday.

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World stocks tumble on US jobless fears

Published by rudy Date posted on January 9, 2009

LONDON (AP) – US and European stock markets fell sharply Wednesday amid fresh worries about the US labor market following a grim jobs survey and the announcement aluminum producer Alcoa will slash jobs.

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Mineral investments seen to reach up to $1B this year

Published by rudy Date posted on January 9, 2009

Mineral investments for 2009 are estimated to reach $800 million to $1 billion, Mines and Geosciences Bureau (MGB) Director Horacio Ramos said yesterday.

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2008 deficit seen below program

Published by rudy Date posted on January 9, 2009

Finance Secretary Margarito Teves said the 2008 budget deficit is likely to fall below the P75-billion program, because of higher-than-expected royalty payments from the Malampaya natural gas project.

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Automotive sales up 6% last year

Published by rudy Date posted on January 9, 2009

Sales of the local automotive industry grew by six percent last year despite the slowdown in vehicle sales seen in other markets like the US and Europe, the Chamber of Automotive Manufacturers Association of the Philippines Inc. (CAMPI) said.

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2 more rural banks close – central bank

Published by rudy Date posted on January 9, 2009

The Bangko Sentral ng Pilipinas (BSP) closed on Thursday two more rural banks—this time in Pampanga—after they declared a bank holiday.

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45% of Filipino fear losing jobs – Gallup

Published by rudy Date posted on January 9, 2009

Nearly five in 10 Filipinos are afraid of losing jobs this year because of the global financial crisis, an international research firm reported.

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Officials revisit nuclear energy option at Bataan

Published by rudy Date posted on January 9, 2009

MORONG, Bataan: The Bataan nuclear power plant stands as a monument to the greed and corruption of the years the Philippines spent under strongman President Ferdinand Marcos.

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Remittances growth to slow down in 2009 – BSP

Published by rudy Date posted on January 9, 2009

The central bank governor said Thursday that remittances growth is likely to slow down to single digits this year, but he was optimistic about maintaining the country’s credit ratings.

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RP tops list of drug users

Published by rudy Date posted on January 9, 2009

Govt challenges UN report, calls for data review   The Philippines ranked No. 1 in Southeast Asia as the country with the most number of drug users based on the 2008 World Drug report released by the United Nations Office on Drugs and Crime.

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Local car sales higher but miss growth target

Published by rudy Date posted on January 9, 2009

Amid a troubled global economy last year, the local automotive industry managed to pull off year-on-year sales growth but missed its official growth target by a hairline, the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association said.

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Manila considers nuclear option

Published by rudy Date posted on January 9, 2009

MORONG—The Bataan nuclear power plant stands as a monument to the greed and corruption of the years the Philippines spent under strongman Ferdinand Marcos.

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Get A Job @ Trinoma Job Fair

Published by rudy Date posted on January 9, 2009

January 9-10, 2009 9:00 a.m. – 8:00 p.m. Trinoma Mall Trinoma Activity Center Quezon City, Philippines

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DepEd officials undergo management training to push reform agenda

Published by rudy Date posted on January 8, 2009

One hundred thirteen middle level managers of the Department of Education (DepEd) had undergone management and leadership training with the Meralco Management and Leadership Development Center (MMLDC) funded by the Australian Agency for International Development (AusAID).

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Massive evacuation of foreigners, including Pinoys from Gaza called off

Published by rudy Date posted on January 8, 2009

A massive evacuation of Filipinos and other foreigners from the Gaza Strip was called off yesterday upon the advice of the Red Cross due to intense fighting, the Department of Foreign Affairs said.

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RP less vulnerable to financial crisis – Fitch

Published by rudy Date posted on January 8, 2009

The Philippines is vulnerable to the global financial crisis, but less so than other countries in the region as its banks and external financial position are sound, Fitch Ratings said yesterday.

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DTI vows to support crisis-hit companies

Published by rudy Date posted on January 8, 2009

The Department of Trade and Industry (DTI) vowed it will implement ways to support industries specifically the automotive industry in light of the slowdown in the global demand.

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Honda Phils expects flat growth in 2009

Published by rudy Date posted on January 8, 2009

Honda Cars Philippines Inc. expects to post a flat sales growth for this year after experiencing a decline of 17 percent in 2008.

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National government to spend 80% of budget in H1

Published by rudy Date posted on January 8, 2009

The government plans to spend 60 percent to 80 percent of its P1.415-trillion budget for the year during the first semester as part of plans to pump-prime the economy, National Economic and Development Authority (NEDA) director-general Ralph Recto said.

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Ten reasons why we should be happy about 2009

Published by rudy Date posted on January 8, 2009

Upon reading all the columns these days, there is nothing but bad news about 2009. Not that I disagree with many of the views, but I think things will be different. The Philippines will be far better than many other countries. Here are 10 reasons why I think we should be happy in 2009.

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Slump wipes out $17T in global stock values

Published by rudy Date posted on January 8, 2009

NEW YORK (AFP) – The nightmarish stock market performance in 2008 erased some 17 trillion dollars in share value worldwide, a Standard & Poor’s report said Tuesday.

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DENR revokes agreement with SBMA on clearances

Published by rudy Date posted on January 8, 2009

Environment and Natural Resources Secretary Lito Atienza yesterday recalled the agreement his department forged with the Subic Bay Metropolitan Authority (SBMA) in 2006 on the issuance of environmental permits and clearances.

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Russia Cuts Gas, and Europe Shivers

Published by rudy Date posted on January 8, 2009

MOSCOW — Gazprom, the Russian gas monopoly, halted nearly all its natural gas exports to Europe on Tuesday, sharply escalating its pricing dispute with neighboring Ukraine. The cutoff led to immediate shortages from France to Turkey and underscored Moscow’s increasingly confrontational posture toward the West.

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