Monthly Archives: October 2009

The eurozone economy has seen the worst of the recession and is “out of freefall”, the president of the European Central Bank has said. Jean-Claude Trichet added that the region was “stabilising” and was “expected to recover at a gradual pace” but that “uncertainty remains high”.

More than six in 10 Filipinos were dissatisfied with the performance of President Gloria Arroyo, results of the latest survey by Social Weather Stations (SWS) said.

At least 400,000 squatters blocking key drainage channels of a giant lake on the edge of the Philippine capital need to be uprooted to fix Metro Manila’s flooding crisis, a government official said Thursday.

Europeans also to help Manila solve killings Instead of flushing out the around 100,000 undocumented Filipinos in Europe, the European Union (EU) plans to legalize their stay for helping keep the continent’s economy afloat amid the global economic crisis.

KUALA LUMPUR, Malaysia – The Philippine media took center stage in the just concluded general assembly of the Confederation of ASEAN Journalists (CAJ) held at the Nikko Hotel here from Sept. 30 to Oct. 4, with the election to the regional vice presidency of National Press Club of the Philippines (NPC) president, Benny Diaz Antiporda.

MANILA, Philippines – Six out of 10 Filipinos remained dissatisfied with the performance of President Arroyo in the past three months, bringing down her new net satisfaction rating to a “bad” -38 as discontent worsened outside the capital and across all economic classes, the latest survey of the Social Weather Stations (SWS) showed.

MANILA, Philippines – The Hongkong Shanghai Banking Corp. (HSBC) upgraded yesterday its 2009 and 2010 economic growth forecasts for the Philippines as Asian economies are set to lead global economic recovery.

MANILA, Philippines – The Philippine government continues to lag behind its target to reduce poverty by the end of 2015, the United Nations Population Fund (UNPF) said yesterday.

MANILA, Philippines – Malacañang believes the rehabilitation of Metro Manila and nearby provinces will take several years and billions of pesos. Presidential economic spokesman Gary Olivar said the size of the problem is of national concern as displaced families from calamity-hit areas and those living in flood-prone areas must be permanently relocated.

Customers can expect lower charges, no cut-off notices in their power and water bills as utilities join relief agencies to lessen the damage in calamity-hit communities.

MANILA, Philippines—Vice President Noli de Castro has announced a three-month moratorium on loan payments to the Home Development Mutual Fund, better known as Pag-IBIG Fund, as additional relief assistance for members whose homes were damaged by Tropical Storm “Ondoy” (international codename: Ketsana).

MANILA, Philippines—After receiving dole-outs for more than a week, victims of Tropical Storm “Ondoy” (international codename: Ketsana) in Metro Manila will be given a chance to earn a living.

The country is expected to miss development targets set under the Millennium Development Goals (MDG) of the United Nations (UN) mainly as a result of increasing poverty and corruption under the watch of President Arroyo.

The handling of the Ondoy disaster is a massive managerial failure. And it does not speak well of a government that has been in power for almost nine years. So you cannot say this government is a novice. The first failure is the failure of information. Pagasa (the weather bureau) didn’t know what was coming.

THE local business process out-sourcing (BPO) industry sees bright prospects and more jobs in the knowledge process outsourcing (KPO) sector, but the lack of qualified workers in the country remains a problem, according to an industry-commissioned survey.

THE Philippines is no longer on track to achieving the Millennium Development Goals (MDG) by 2015, with the series of natural disasters undermining development efforts, the National Economic and Development Authority (NEDA) and the United Nations (UN) said.

Camp Crame has received reports that government troops arrested three minors during an encounter with the communist rebels in Catanduanes province on Tuesday morning. The New People’s Army (NPA) has consistently denied using minors in their combat exercise against the state.

MANILA, Philippines – President Arroyo’s banner project, the Accelerated Hunger-Mitigation Program, focuses on reducing and eventually eradicating hunger in the country. The program is implemented by the Anti-Hunger Task Force (AHTF) composed of about 30 government and non-government organizations led by health chief Francisco Duque.

Istanbul (AFP): Finance chiefs from around the world focused on mapping out recovery from the global economic crisis at the annual meetings of the IMF and World Bank here on Tuesday, with a plea to include the poor.

MANILA, Philippines – The demand for knowledge process outsourcing (KPO) is increasing as majority of the industry players said they will be hiring more workers in the coming months, a survey conducted by the Business Processing Association of the Philippines (BPA/P) and Outsource2–Philippines (O2P) showed.

(Second of two parts) As the German federal government continues to drive renewable energy (RE) developments through incentives, subsidies and regulation, several German companies have established technological leadership on the global front in the key areas of wind energy, hydropower, solar energy, geothermal and biomass.

MANILA, Philippines – The country’s gross international reserves (GIR) reached a new record high of $42.3 billion in September as a result of government foreign borrowing and the increase in the price of gold, the central bank reported yesterday.

Labour Behind the Label, a group that campaigns for garment workers, has calculated a wage it says should be used as a minimum for workers in Asia. It says that a single Asian “floor wage” would prevent countries competing at the expense of workers. ‘

Envoy finds few convictions ‘regrettable’ MANILA, Philippines—(UPDATE) The European Union on Thursday said it would give 3.9 million euros (about $5.8 million or P270 million) to the Philippines to help the government stop extra-judicial killings and disappearances of activists.

There are many, many sources and places of exposure to asbestos. Here’s a list:

GENEVA – Once just a simple telecommunications tool, the mobile telephone has in recent years become a driver of economic growth in emerging countries, experts said at one of the industry’s biggest fairs.

MANILA – Philippine courts are not cooperating in the investigation of vigilante killings that have claimed nearly 1,000 lives in the country’s south, Human Rights Watch said.

Zero-waste advocates scored the dumping of 80,000 metric tons of garbage from storm-hit cities even as the Metro Manila Development Authority assures residents of enough suitable sites to prevent a crisis.

THE Supreme Court has ordered the labor arbiter to compute the compensation due some 1,400 cabin crew that Philippine Airlines retrenched in 1998 after the flag carrier was placed under corporate rehabilitation.

Allowing for migrationboth within and between countrieshas the potential to increase peoples freedom and improve the lives of millions around the world, according to the 2009 Human Development Report.