Monthly Archives: June 2010

SAN FERNANDO, Pampanga, Philippines – The administration of President-elect Benigno Aquino III will inherit from the Arroyo government shortage of teachers, classrooms, and other critical education resources worth P91.54 billion, the Alliance of Concerned Teachers (ACT) said here yesterday.

Over one million children are victims of commercial sexual exploitation around the world each year. The growing ease of travel, which has lured child-sex predators into less developed countries including the Philippines, has made children more vulnerable to this modern form of slavery.

CITY OF SAN FERNANDO — The Department of Labor and Employment (Dole)-Central Luzon is all set for the annual celebration of World Day Against Child Labor on June 11.

THE opening of the World Cup in South Africa today, Friday, has caught the International Labor Organization (ILO) as it celebrates the World’s Day Against Child Labor on June 12.

YESTERDAY’s press conference immediately after the proclamation of President-elect Noynoy Aquino was a demonstration of his mastery of the national condition.

THE INTERNATIONAL Labor Organization (ILO) is backing a plan to hold an annual survey on the state of child labor in the country in line with efforts to curb the practice of employing minors by 2016.

GROWTH in online job postings slowed to a three-month low in May amid sluggish global recovery that has dampened the service sector’s prospects. The Job Availability Index — a statistical measure using the total monthly job placements at Jobstreet.com with January 2007 as base year — rose by 24.3%, or 47.3 index points to 241.6…

FIRST-QUARTER foreign direct investments (FDI) increased by nearly a fifth from a year ago but inflows in March were down substantially from a month earlier, the Bangko Sentral ng Pilipinas (BSP) yesterday said.

President Gloria Arroyo has signed a law that will make mandatory the imposition of price ceiling on prime commodities during a state of calamity and will require state lending institutions to extend interest-free loans to citizens who are displaced by the calamity.

A MAKATI court has stopped the Finance Department, Internal Revenue and Customs from collecting duties on imported vehicles based on their book value instead of the transaction value under the Tax Code.

The surprising flow rate of the Tindalo-1 oil well off northwest Palawan will likely redraw the Philippine oil map. Tindalo-1 flowed a maximum 18,689 barrels of oil per day last week, the most by any well drilled in the Philippines since the Nido find in 1976.

SINGAPORE: The International Monetary Fund (IMF) warned Asia on Wednesday of potential spillovers from the European debt crisis, which is unfolding a decade after the region underwent its own financial turmoil.

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House committee on suffrage and electoral reforms chairman Makati Rep. Teddyboy Locsin yesterday backtracked on his earlier statement clearing Smartmatic on the allegations of poll fraud saying it is too early to absolve the PCOS machines supplier from any wrongdoing.

President-elect Sen. Benigno “Noynoy” Aquino 3rd is “open to nuclear power” as an alternative energy resource to plug the country’s energy crisis, his second cousin Rep. Mark Cojuangco of Pangasinan told The Manila Times on Wednesday.

MANILA, Philippines – Standard & Poor’s (S&P) said the Philippines is less vulnerable to shifts in external sentiment brought about by the debt crisis in Europe on the back of its strong external liquidity supported by robust overseas Filipino workers’ remittances and international reserves of the Bangko Sentral ng Pilipinas (BSP).

“Ten dead and 300 injured”. This is not the toll of a natural disaster, but of the repression faced by workers attempting to exercise their trade union rights during 2009 in the Asia-Pacific region. The latest ITUC Survey of Violations of Trade Union Rights also reports on the cases of over 2000 workers who were…

MORE than 2 million workers will benefit from the P22 hike on the daily minimum wage in Metro Manila granted by the Regional Tripartite Wages and Productivity Board-National Capital Region (RTWPB-NCR) but labor groups are angry, calling the pay hike a pittance and an insult to laborers.

SINGAPORE – The IMF warned Asia Wednesday of the potential spillovers of the European debt crisis, saying it could dampen trade, make capital flows volatile and overheat economies in the region.

CANADA – The Toronto Star reported that a new Canadian law inspired by a Filipino caregiver who died of cancer last year has a gigantic loophole that leaves caregivers who fall sick open to deportation.

With the school opening almost upon us, the debate continues to rage about that age-old question: Should sex education be taught in schools?

The local auto industry has jacked up its growth target following robust sales during the first five months of the year.

MANILA, Philippines – Monetary authorities said the P22 increase in the daily minimum wage for workers in the National Capital Region (NCR) would not fan inflation and would give the Bangko Sentral ng Pilipinas (BSP) enough room to keep its accommodative policy stance to support the economy.

MANILA, Philippines – The Department of Education (DepEd) is already looking into 13 complaints of public schools violating its “no fee collection” policy.

ECONOMIC managers on Tuesday doused fears that the latest wage hike order would fuel inflation. The Bangko Sentral ng Pilipinas (BSP) said its baseline forecast of manageable inflation for this year and 2011 could likely hold despite the P22 increase in the minimum wage for Metro Manila.

If Health Secretary Esperanza Cabral ever needs a new career, she should apply for the position of Senior Lightning Rod in the next administration or in a public relations firm.

Despite the P22 across-the-board wage increase, minimum wage earners in the National Capital Region (NCR) will still be exempted from paying income tax, an official of the Department of Labor and Employment said Tuesday, adding that the increase in monthly salary of workers in the private sector and government office will be implemented on July…

MANILA, Philippines – The Regional Tripartite Wages and Productivity Board in Metro Manila has approved the P22 increase in the daily take-home pay of two million minimum wage earners in Metro Manila. Beginning July 1, the minimum monthly basic pay of Metro Manila workers will go up to P13,042.                                

MANILA, Philippines – Small and medium scale drugstores are opposing the exemption of the elderly from paying the 12 percent value added tax (VAT) on goods and services, including medicines, under the Expanded Senior Citizens Act of 2010.

AFFLUENT young Filipinos are expected to spend more time surfing the Internet through mobile phones because of attractive tariffs and demand for social networking, according to Nielsen Media Philippines.