Monthly Archives: July 2010

The Bangko Sentral ng Pilipinas (BSP) on Thursday announced it would shift to a medium-term inflation target, as it kept policy rates steady for the ninth time on the back of manageable price increases. In a press briefing, BSP Governor Amando Tetangco Jr. said the Monetary Board decided to keep the overnight borrowing or reverse…

Asian Migrants Coordinating Body (AMCB) spokesperson Dolores Balladares told GMANews.TV in a phone interview that Hong Kong’s Legislative Council shot down an amendment to the proposed Statutory Minimum Wage (SMW) that would have included foreign domestic workers.

THE BANKING industry’s bad debts remained below 4 percent of their total loan portfolio for the 20th month in a row, easing by 0.03 point to 3.37 percent in May from the April level.

FOREIGN ELECTRONICS and technology experts are confident that even if the world has not yet fully recovered from the recession, consumers would go on buying gadgets and investing in technology.

MANILA, Philippines – Sen. Sergio Osmeña III is supporting the call of the Department of Finance to review the numerous tax breaks granted by Congress over the past two years.

MANILA, Philippines – National organizations of persons with disabilities warned yesterday they are planning to file class suits against some government institutions as well as private corporations for their alleged discrimination and failure to comply with laws upholding the rights of PWDs.

The new Health Department Secretary Enrique Ona obviously has so many other pressing matters needing attention of his department. Undoubtedly so many people are getting sick and are dying because of poor health services and inadequate facilities, not to mention the unavailability of basic medicines to prevent the spread of communicable diseases for a healthier…

MANILA, Philippines – Social Welfare Secretary Corazon “Dinky” Soliman said she is happy to return to work in “one of the most committed bureaucracies” and vowed to further improve the government’s existing poverty alleviation programs.

DALY CITY, California – New nursing graduates are advised to be more patient and flexible in order to find jobs in the US. Jaeann Milan graduated in 2008 with a nursing degree from the Philippines. She was expecting to find work right away when she went back to the US. Instead, she found herself applying…

MANILA, Philippines—The United Nations Development Program (UNDP) and Oxford University on Wednesday launched a new index to measure poverty levels which they said give a “multidimensional” picture of people living in hardship, and could help target development resources more effectively.

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DESPITE the Philippines is considered as one of the third largest English speaking countries in Asia yet the report released by the US State Department, in its “2007 Investment Climate Statement” this month cited that the “English language proficiency, while still better than in other Southeast Asian nations, is declining in the Philippines.”

The domestic BPO units in Europe and USA are making a mass migration. The call centers were running smoothly before the downturn and then ran out of steam during the lean months. Finally they are getting back on their feet, slowly but steadily. However, the finances are still low, the chips are still down and…

Inow share with you, readers, my speech on the topics “the Role of CHED in Setting Global Standards for Higher Education in the Philippines” during the Mindanao State University-Iligan Institute of Technology (MSU-IIT) Institute Symposia and Fora on July 9, 2010 with the theme “Looking Global . . . . Taking Actions . . .…

MANILA, Philippines – Their physical handicap it appears, is not the biggest battle confronting persons with disabilities (PWDs). It is the government’s inability to implement the laws that protect their rights that is their biggest challenge.

Nueva Ecija—The chief of the country’s lead agency in rice research and development based here is optimistic that the country will soon become self-sufficient in rice despite a backslide in agricultural production brought by the recent onslaught of El Niño.

There is no excerpt because this is a protected post.

FRANCHISERS and their prospective investors should tread carefully as the global economic recovery remains fragile and consumers have become harder to please.

THE World Bank on Wednesday raised its economic growth forecast for the Philippines starting this year until 2012, citing strong private and public spending as well as the recovery of global trade. In the latest issue of the Philippines Quarterly Update, the Washington-based lender revised upwards its gross domestic product (GDP) growth forecast to 4.4…

The Department of Foreign Affairs (DFA) on Wednesday said that it will push four key areas in a ministerial meeting of the Association of Southeast Asian Nations (Asean) next week in Vietnam.

CEBU, Philippines – Another miner died after he was buried alive while working in the coal mine in the mountainous part of Danao City last Monday evening.

MANILA, Philippines – There is no question that organ donation, particularly from the deceased, has a great chance of improving or saving people’s lives. Yet in the Philippines, a deed that is both compassionate and sensible like organ donation has not truly gained ground.

MANILA, Philippines – An elevator technician instantly died after falling from the 36th floor of a condominium building in Binondo, Manila during a power outage brought by typhoon Basyang yesterday.

In illegal dismissal cases, the burden of proof rests upon the employer to show that the dismissal is for just cause. Failure to do so would mean that the dismissal is not justified. This rule is illustrated in this case of Cely.

MANILA, Philippines – Environment Secretary Ramon Jesus Paje is a creature of habit. For 20 years, he showed up for work at the Department of Environment and Natural Resources (DENR) in the morning and went home after work.

MANILA, July 15 —- The fledgling administration of President Benigno Aquino III has eyed the facilitation of the regional grouping of the Association of Southeast Asian Nations (ASEAN) in addressing at least four challenges it faces, among which, are disaster management and economic security, Foreign Affairs Secretary Alberto Romulo said.

The disparity that exists between developed and developing countries, is a result of the capitalist society and globalization today. International mechanisms have been installed over time, to create regulations and guidelines pertaining to productivity and progress of the international community. As a result of the direct focus on globalization and expansion, the repercussions can be…

Business process outsourcing (BPO) to offshore destinations has grown rapidly in the Philippines, India and Central and Eastern Europe where for a time, the industry’s annual growth rate even exceeded 30%.

POWER UTILITIES in the Asean have vowed to shift to green energy to minimize carbon emissions, in light of the worsening threat of global warming.

THE PAG-IBIG Fund is holding off the implementation of a new, stricter rule for availing housing loans until October following complaints from real estate developers afraid of losing the bulk of their business.