MANILA , Philippines – The country’s real estate companies maintained strong sales throughout the year despite the effects of the economic crisis and recent typhoons, according to property consultancy firm CB Richard Ellis (CBRE).
MANILA, Philippines – Global investment bank Goldman Sachs said the Philippines performed better than most of the next 11 emerging economies (N-11) during the global crisis. “Within the N-11, Indonesia and the Philippines have positively surprised,” Goldman Sachs said in its latest Global Economics Paper.
NEW YORK, United States — The Philippines overwhelmingly won another three-year term in the Committee on the Protection of All Migrant Workers and Members of Their Families (CMW), the Philippine Mission to the United Nations said in a statement Wednesday.
The Philippine National Police yesterday assured the workers of the Commission on Human Rights (CHR) of their personal safety and security, more particularly during the conduct of field investigations and other official activities.
An illegally dismissed employee is entitled to reinstatement as a matter of right. But if the relation between employer and employee is already strained, it is more prudent to order the payment of separation pay in lieu of reinstatement. This case of Rey explains the meaning of “strained relations”.
MANILA, Philippines – The National Economic and Development Authority has allayed fears that a full-blown financial crisis could occur in Dubai and displace Filipino workers.
MANILA, Philippines – Filipinos continue to suffer from hunger and malnutrition despite efforts of the Arroyo administration to reduce poverty, a latest government survey revealed yesterday. A survey conducted by the Department of Science and Technology’s Food and Nutrition Research Institute (FNRI) showed that “the nutrition situation of Filipinos has not improved from 2005 to…
MANILA, Philippines – Liberal Party standard-bearer Sen. Benigno “Noynoy” Aquino III has again topped the latest survey of the Social Weather Stations on the preferred presidential candidates of Filipinos in the May 2010 elections. Aquino’s candidacy for the highest position in the land was approved by 47 percent of 1,200 registered voters, surveyed from Nov.…
MANILA, Philippines – The local auto industry is on track to surpassing its target this year, with sales from January to November growing by 3.7 percent, the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) said yesterday.
MANILA, Philippines – The Department of Finance (DOF) has reiterated its previous position that a bill seeking to grant hefty tax perks to publicly-listed companies operating as a real estate investment trust (REIT) would translate to billions in yearly losses for the government.
MANILA, Philippines – The combined earnings of companies listed on the Philippine Stock Exchange (PSE) surged 60.8 percent in the first nine months of the year to P283.76 billion on the back of improving global conditions, a new study on the performance of the publicly traded firms revealed.
HIGH operating costs would push call centers to consolidate, according to an industry-commissioned study.
The local contact center industry will grow slower this year because of high operating costs and a shrinking customer base, the industry’s organization said in a press briefing late Monday.
Two weeks ago in this space, in an article called “Getting dramatic over climate change”, I wrote about the Philippine position that our delegation would be bringing to Copenhagen, Denmark during negotiations for carbon-emission cuts. The resulting climate change pact—if one could be arrived at—would pick up from where the first commitment period of the…
MANILA, Philippines—Starting November 30, Filipinos transiting through New Zealand en route to other destinations have been exempt for securing transit visas, the Department of Foreign Affairs said in a statement.
COPENHAGEN—(UPDATE) The first decade of the 21st century is set to be the warmest on record, the head of the World Meteorological Organization (WMO) said at UN climate talks Tuesday.
GENEVA—Climate change is already forcing people to migrate, with most moving within their countries or to a neighboring country, a report by the International Organization for Migration said Tuesday.
The Constitution says that “the accused shall be presumed innocent until the contrary is proved” (Art. III of Section 14(2). This is a time honored principle recognized in every civilized, fair and just society. It is a recognition of the inherent goodness in every man.
MANILA, Philippines – One in two Filipino adults is dissatisfied with the performance of the Arroyo administration, bringing its new net satisfaction rating to -20, the Social Weather Stations (SWS) said in its recent survey.
Nothing is certain except death and taxes. In the Philippines, the inevitable burden of taxes cannot be more emphasized by the fact that estate tax even ensues at the time of death.
IMANILA, Philippines – Yields on the government’s Treasury bills (T-bills) moved sideways during yesterday’s auction as investors are on a wait-and-see stance ahead of the meeting of the Monetary Board next week.
BUTUAN CITY , Philippines – Three small-scale miners in a gold mining tunnel at gold rush areas in Agusan del Sur were killed due to toxic poisoning Saturday.
COPENHAGEN, Denmark—The road to the climate-change summit for the next two weeks has been filled with tension—including the cyberheat generated by hacked e-mail messages that cast scientists as manipulators of data to push the alarm button on global warming, and the fears that the international climate-change negotiations will not yet produce a comprehensive and binding…
Amid the threat of kidnappings in the high seas, Filipino seafarers remitted a record $2.502 billion from January to September this year, the Trade Union of the Philippines (TUCP) said.
THE pre-crisis savings rate in the Philippines had fallen amid accelerating consumption growth, according to an Asian Development Bank (ADB) report.
Some 25 trade union leaders from Luzon, Visayas and Mindanao participated in a two-day JILAF-sponsored National Workshop on Global Financial Crisis: It’s Impact on Employment and Productivity on October 16-17, 2009, in Cebu City.
Japan International Labour Foundation (JILAF) in cooperation with Trade Union Congress of the Philippines (TUCP) conducted the “National Workshop on Development of Productivity and Labor Management Cooperation Manual on October 12-15, 2009, in Cebu City.
P TO GET $250M CLIMATE CHANGE FUND THE Philippine government expects to receive $250 million from the Clean Technology Fund to help the country implement projects that will mitigate climate change, according to Energy Secretary Angelo T. Reyes.
MANILA, Philippines – Job seekers should be wary of offers to work in Dubai in light of the financial crisis besetting the Middle Eastern emirate, according to Susan “Toots” Ople, a former labor undersecretary.
MANILA, Philippines—A government-owned hospital in Saudi Arabia is now recruiting 300 Filipino male medical workers, Labor Secretary Marianito Roque said Sunday.
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