Monthly Archives: August 2009

MANILA, Philippines – The country’s property sector is expected to post a slight growth this year despite the slowdown of most economies worldwide, international real estate firm CB Richard Ellis said.

WASHINGTON — Turnabouts in European and Asian economies, along with recent gains in the US, are raising hopes that the worldwide recession is drawing to a close. That’s not to say the coast is clear.

In the line of duty, firefighters are exposed to fire, smoke and extreme heat. Asbestos exposure is another hazard they also face when fighting fires. When a fire breaks out in a building that contains asbestos or the building collapses, asbestos fibers can be released into the air. Firefighters generally wear air masks with self-contained…

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COMPENSATION at least four times bigger than that offered in the Middle East is enticing Filipinos to work in forward operating bases of the North Atlantic Treaty Organization (NATO) in Afghanistan despite the dangers and the ban on deploying them to the war-torn country.

Walla Walla, Oregon – The Tektoniks Corporation is facing a $2,400 fine after a botched asbestos removal project. The company received the fine after allegedly removing tile and flooring that contained asbestos without a license. This could have endangered many lives in the area. During the process of removing the asbestos-laden materials, many tiny asbestos…

MANILA, Philippines – The country’s debt has risen to P4.2 trillion during President Arroyo’s prolonged incumbency, surpassing the debts incurred by her predecessors, latest data from the Department of Finance show.

MANILA, Philippines – The responsibility of educating people has always fallen on the shoulders of governments across the globe because of the complexity of the task, but a new World Bank study shows that deepening partnerships with the private sector in the Philippines is becoming a reliable way of financing quality education and making it…

A LABOR group blamed lawmakers for the financial difficulties besetting the Philippine Health Insurance Corp. and called on the national government to save the state-run health care financier from becoming insolvent.

Banks and other financial companies will have to follow a 12-percent cap on interest rates on credit card payments under a bill that is nearing approval by the Senate.

MANILA, Philippines—About 13,400 corporate tax cheats have been exposed and penalized by the Bureau of Revenue over the last three years using data uncovered though a lottery partnership with publicly listed technology provider Philweb.com Inc.

Local labor groups on Thursday picketed the Makati City headquarters of the primary investor of a hotel in Honolulu accused of maltreating its workers, a majority of whom are Filipinos.

WASHINGTON, D.C.: A comprehensive recovery strategy by US President Barack Obama’s administration has steered the world’s largest economy from the brink of collapse, his economic pointman said Thursday.

WASHINGTON (AP) — With the recession throwing thousands of people out of work daily, more than 13 percent of American homeowners with a mortgage have fallen behind on their payments or are in foreclosure.

WASHINGTON (AP)- The job market is thawing at a snail’s pace, raising doubts about whether consumer spending will become vigorous enough to sustain an economic recovery anytime soon.

MANILA, Philippines – The Australian government donated yesterday P123 million to finance three new projects that aim to further strengthen the country’s capacity to mitigate and adapt to climate change.

BEIJING: World Health Organization chief Margaret Chan on Friday urged governments to prepare for a likely second wave of swine flu cases, cautioning they will face tough decisions on how to dispense vaccines.

Human Rights commissioner says fighting in Mindanao has caused concern among United Nations experts A United Nations human rights treaty has urged the Philippines to protect indigenous peoples (IPs) from armed conflict, extrajudicial killings and discrimination, as the body examined the Philippines’ compliance with the international Convention on the Elimination of Racial Discrimination(CERD) .

ZAMBOANGA CITY: Suspected communist rebels raided a budget hotel and restaurant in Bukidnon and seized weapons allegedly being used by hotel owners to threaten peasants.

Most small and medium enterprises (SMEs) thrive on a mean and lean organization. They do not want to have a bloated organization because they cannot afford that fixed manpower cost.

THE Bureau of Internal Revenue (BIR) said it shut the operations of 70 establishments, mostly small- and medium-sized enterprises (SMEs) nationwide, for failing to pay correct taxes.

The National Security Agency (NSA) on Friday reported that as much as P2.5 billion was needed to protect the poll automation computers from hackers and other would-be saboteurs of the 2010 elections.

MANILA, Philippines – Northpoint Wind Power Corp., a subsidiary of NorthWind Power Development Corp., is pushing through with its 40-megawatt wind power project in Aparri, Cagayan.

MANILA, Philippines – The residential sector is reportedly showing some signs of recovery after a sluggish first quarter, international property consultant Colliers International said.

If there’s any truth to one of the many screaming banners that can now be seen in most of the strategic corners of BF Homes (Paranaque), then the developer and former water supplier of this biggest residential subdivision in the Philippines and perhaps in the region should not be allowed to revive its water distribution…

MANILA, Philippines – The Senate is expected to approve the proposed measures that would allow Congress to establish its own witness protection program and set up a reward system for whistleblowers against corrupt government officials.

MANILA, Philippines – A United Nations body has urged the Philippines to enact a law banning discrimination based on race and ethnicity.

MANILA, Philippines – The solution rate is higher than the unsolved cases of journalists’ murders, although some witnesses who fear for their lives are reluctant to cooperate, a special investigative task force said.

MANILA, Philippines – A women’s group yesterday warned Catholic school officials who will refuse to readmit students and teachers who became pregnant outside of marriage, saying this is a clear violation of the newly signed Magna Carta of Women.

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