Monthly Archives: June 2009

MANILA, Philippines – Nearly half of the estimated eight million Filipinos employed in 190 countries abroad are young workers, the International Labor Organization (ILO) reported yesterday.

MANILA, Philippines—Canadian electronics firm Celestica Inc. is shutting down its factory in the central Philippines, with the loss of about 1,000 jobs, the government said Friday.

TARLAC CITY, Philippines—A Filipino child dies every hour from accidental injuries. Some 200,000 others get hospitalized for the same reasons and 8.2 million more youngsters need medical attention.

BODRUM, Turkey (Reuters) –The International Monetary Fund is likely to revise up its 2010 growth forecast for the world economy with signs that the rate of decline in global output has moderated, a senior IMF official said on Friday.

MANILA, Philippines–Demand for business process outsourcing services in Western Europe and North America will continue, a recent report from research firm Ovum said.

For seafarers’ health research WALES, United Kingdom—Don Eliseo Lucero-Prisno III, a Filipino medical doctor based in Cardiff University here, won back-to-back awards from two different international health conferences in recognition of his research work on the health of seafarers.

Brussels, (ITUC OnLine): The adoption of a landmark Global Jobs Pact http://www.ilo.org/global/What_we_do/Officialmeetings/ilc/ILCSessions/98thSession/pr/lang–en/docName–WCMS_108437/index.htm by governments, trade unions and employers at the annual ILO Conference today provides a realistic and workable template for economic recovery and reform, according to the ITUC.

MANILA, Philippines — As more and more people contract the Influenza A(H1N1) virus, the Trade Union Congress of the Philippines (TUCP) called on employers to relax their sick leave rules to encourage staff members to stay at home if they develop flu symptoms.

One in four South African men questioned in a survey said they had raped someone, and nearly half admitted having attacked more than one victim.

MANILA, Philippines – The race for the 2010 presidency is narrowing down to three choices, with Sen. Manuel Villar Jr. now taking the lead from Vice President Noli de Castro, a survey by the Social Weather Stations (SWS) showed.

MANILA, Philippines – The country’s largest labor organization yesterday called on the government to ease the existing sick leave rules as a measure to prevent further spread of Influenza A(H1N1).

Calamity fund tapped to boost fight vs. A (H1N1)   THE continued spread of Influenza A(H1N1) in the Philippines may slow economic growth in the second quarter as Filipino consumers are likely to defer going to the mall to spend, according to pundits.

SEOUL: The global economic crisis is also a social crisis in Asia, with an estimated 60 million people remaining mired in poverty because of falling growth rates, according to an Asian Development Bank (ADB) executive.

CEBU, Philippines – The disgruntled workers of a Taiwanese lampshade factory at the Mactan Export Processing Zone II are calling the Philippine Export Zone Authority to enforce labor standards and protect labor rights in the export zone.

MANILA, Philippines – The government, it seems, continue to create state colleges and universities (SCUs) more than it can sufficiently support.

MANILA, Philippines – The Philippine banking system does not need to be subjected to a “stress test” similar to what banking regulators are implementing in the US.

MANILA, Philippines – The Department of Agriculture (DA), through the Philippine Coconut Authority (PCA), reportedly plans to spend up to P700 million this year on a fertilization program for the coconut sector.

IT may be a relatively new entrant to the Philippine business process outsourcing (BPO) industry, but since its formal opening by President Gloria Arroyo in January this year, StarTek has wasted little time in establishing its corporate social responsibility (CSR) credentials.

Filipinos are trumping all apparent attempts to prevent the holding of the May 2010 elections, through Charter change or other means. Even the legal Left is gearing to field four senatorial candidates through Makabayan, a regular political party its stalwarts have just set up.

THE National Economic and Development Authority (NEDA) on Wednesday warned that “expensive” oil prices would push consumer prices higher, which would further burden the country that is already on the brink of a recession.

President Gloria Arroyo signed Wednesday the Salary Standardization Law (SSL) III that is expected uplift the condition of country’s government employees and boost the nation’s economy.

President Gloria Arroyo said Wednesday that the world leaders should keep their economies afloat without forgetting about climate-change concerns.

MANILA — An overseas Filipino workers group based in New Zealand warned that Filipinos retrenched as a result of the global economic crisis plaguing the South Pacific state might go underground instead of being sent back to the Philippines.

MANILA – The Business Processing Association of the Philippines (BPAP) on Tuesday has decided to postpone its revenue target by one year in the face of the global economic slowdown.

Militant lawmakers yesterday denounced a military raid last Sunday on a conference of party-lists in Cagayan Valley and immediately called for a House inquiry into the incident.

The economy will not go into recession and is expected to grow 2.5 to 4 percent this year, according to economist Bernardo Villegas.

MANILA, Philippines – Filipinos are better equipped to deal with the impending recession and the slowdown of the global economy because we are used to hard times, a survey disclosed yesterday.

MANILA, Philippines – Sen. Manuel Villar Jr asked the Department of Foreign Affairs and the Overseas Workers Welfare Administration to promptly assist at least 39 overseas Filipino workers who are currently suffering in Kuwait.

Upbeat economy to happen at end year MEXICO CITY: Economic recovery in the Organization of Economic Cooperation and Development (OECD) group of rich countries will begin at around the end of the year, the organization’s head said Tuesday, adding that the worst of Mexico’s recession was over.

MANILA, Philippines—Contrary to popular belief, low- and semi-skilled overseas Filipino workers are the top source of dollar remittances of the country, according to an analysis of remittance data made by the Institute for Migration and Development Issues.