Monthly Archives: November 2009

MANILA, Philippines – Fewer Filipino nurses are likely to get employed in Saudi Arabia in the coming months with the government there imposing stricter requirement for the hiring of foreign workers.

FRANKFURT (AP) — Although it is too early to say the crisis is over, it is time to withdraw some of the policy measures that supported the financial system through the credit crunch, the European Central Bank president Jean-Claude Trichet said.

MANILA, Philippines – Two Philippine companies, Petron Corp. and Ayala Land Inc., made it to the top 30 in the 2009 Asian Sustainability Rating (ASR) report released by CSR Asia.

THE $6-billion call-center and business-process outsourcing (BPO) industry formally launched its own advocacy group during a press briefing in Quezon City on Tuesday.

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Despite the record fiscal blowout which most analysts believe will shoot past P300 billion by the end of the year, which prompted the International Monetary Fund (IMF) to place the country back on its danger watchlist, economic officials insisted yesterday the current budget deficit level is not something to be alarmed about.

This outsider was surprised not so much by the fact that Hermogenes Ebdane Jr. has declared his intention to run for the presidency as by the fact that he has done so under the banner of the Lapiang Manggagawa (LM, Labor Party). There have, in fact, been two LMs, neither of which seems to have…

Gilbert Teodoro’s proclamation as the ruling Lakas-Kampi-CMD’s nominee for the presidential elections in May 2010 marked the end of the elimination process and ushered in the political equivalent of the Final Four.

Just a few days in the defense office, with Defense chief Norberto Gonzales seated, and already the military is engaging in partisan politics,directing warnings to the electorate against voting for communists this coming 2010 elections and campaigning actively against party list groups with leftist leanings.

BENCHMARK short-term interest rates inched lower across all tenors Monday. This as the Bureau of Treasury announced that the Japan Bank for International Cooperation (JBIC) is ready to sign the guarantee agreement for the Philippines’ planned Samurai bond offering. National Treasurer Roberto Tan said the signing “may happen this year.”

150 people hospitalized after eating cheese sandwich in an office party.” “30 school children in Bohol die after eating street food.” Like terrorists, deadly bacteria and toxins are waiting to strike you. Brought to you by your favorite waiter and sold at your local carinderia, these invisible, tasteless microbes may be hiding in the buko…

MANILA, Philippines – Filipino consumers as well as borrowers continued to enjoy lower interest rates as the estimated interest rate pass-through improved steadily as of end-October this year, the Bangko Sentral ng Pilipinas (BSP) said.

MANILA, Philippines – Even with just a few months left in her term, President Arroyo’s performance and trust ratings continue to dip, according to the latest Pulse Asia survey on the country’s top national officials.

An International Monetary Fund (IMF) mission currently in the country has placed the country on the multilateral financing institutions watchlist amid the government’s falling revenue collections and the widening budget deficit.

THE November 2009 results of the first Manila Standard Today Poll show Benigno Aquino III as the primary choice of registered voters nationwide for the highest national elective post, and three weeks before the filing of certificates of candidacy with the Commission on Elections. Beyond the race, it is important to know the rationale behind…

THE Ombudsman has scolded a former woman judge for trying to put down the image of the Philippines in its fight against corruption.

MANILA, Philippines – A Filipino has received international recognition for his innovative effort in educating poor children. Efren Peñaflorida, who started the “Kariton Klassroom” to bring education to poor children, has been named CNN Hero of the Year, the cable news network announced yesterday.

TUCP  Statement at the Meeting with International Monetary Fund (IMF) held on 23 November 2009 at the IMF Conference Room, BSP, Pasay City, PHILIPPINES We thank IMF for inviting the TUCP to this meeting. We note the Communiqué of the International Monetary and Financial Committee of the Board of Governors of the IMF released on…

DAVAO CITY, Philippines – The House of Representatives has no plans of passing a bill proposing the banning of aerial spray in the country within its term and opposing parties would have to wait for the next Congress to push for it.

MANILA, Philippines – Employees will be receiving their bonus on top of their 13th month pay this year as local firms report full recovery from the global financial crisis, the Employers Confederation of the Philippines (ECOP) said.

SINGAPORE (AP) — Asia’s airline industry is beginning to pull out of a severe slump sparked by the global recession with signs that passenger numbers have started to recover, a regional body said.

MANILA, Philippines – More business enterprises are looking at hiring more workers in the first quarter of next year in light of the reconstruction and rehabilitation efforts of the government as well as the global economic recovery.

MANILA, Philippines—The Department of Labor and Employment’s hotline for information on local and overseas jobs won an award from International Association of Business Communicators, it was learned over the weekend.

MANILA, Philippines – It’s the season to be jolly. But it’s always better to be safe than sorry. This was the warning of an environment group at the forefront of a campaign against hazardous chemicals as it cautioned the public against “indiscriminate shopping” for holiday gifts.

MANILA, Philippines – The Court of Appeals (CA) has given the government clearance to allow the importation of Liberty Link Rice 62 (LLRice62), an allegedly genetically modified rice variety.

MANILA, Philippines – Party-list groups should now come out of their closets. The Commission on Elections (Comelec) has ordered all party-list organizations taking part in the May 2010 elections to make public their nominees.

MANILA, Philippines – A New York State Supreme Court justice has ruled that the 10,000 human rights victims during the 20-year rule of the late President Ferdinand Marcos can lay claim to the $35-million Arelma deposits to partially satisfy the $2-billion indemnity awarded to them by a jury in 1995.

PAYING taxes in the Philippines became more burdensome this year, according to a survey done by the World Bank and PriceWaterhouseCoopers LLP. This as the International Monetary Fund (IMF) was supposed to have raised concern about the country’s ballooning budget deficit and the lack of a clear government plan on how to arrest the deterioration…

THE Philippines was singled out for praise by the United States for exerting “special efforts” to respect religious freedom and tolerance, as well as promote interfaith dialogue in the world arena, according to a recent report by the US State Department.

MANILA, Philippines–Human immunodeficiency virus (HIV) cases among Filipino youth “have been increasing at an unprecedented rate,” the United Nations representative’s office in Manila has warned.