Monthly Archives: July 2010

MANILA, Philippines – The Philippines may turn to nuclear energy to solve power shortages in the impoverished nation, President Benigno Aquino said Monday.

ON the heels of an increase in its financing requirement this year, the Aquino administration on Monday failed to raise the full amount it had planned to borrow through the sale of Treasury bills. At an auction, the government raised P6.450 billion, or lower than the scheduled issuance of P8 billion. It expects P6.5 billion…

MANILA, Philippines – Foreign direct investment (FDI) that flowed into the Philippines was cut by almost half in the first four months of the year due to lower equity capital placements, Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. announced yesterday.

MANILA, Philippines – The Supreme Court (SC) has issued a ruling that defines the relationship between a life insurance company and a contracted agent for an insurance company.

MANILA, Philippines – Unexplained killings continue as two more activists – a public school teacher and a farmer – fell to assassins’ bullets in Masbate and Nueva Ecija over the weekend, flouting the Aquino administration’s declaration of an all-out war against murderers of activists and journalists.

MANILA, Philippines – A recent survey by the Social Weather Stations (SWS) showed that nearly nine in 10 Filipino adults have much trust in President Aquino’s leadership, but half of the respondents think he could fulfill only a few of his campaign promises.

MANILA, Philippines – Virgilio de los Reyes was initially hesitant to accept the top position in the Department of Agrarian Reform (DAR).

MANILA, Philippines – The new administration is boosting the country’s family planning program, with Health Secretary Enrique Ona saying yesterday he would propose the procurement of contraceptives using government funds.

MOSCOW — One woman said children as young as 10 working in the fields developed red rashes on their stomachs and necks as they harvested tobacco for use in cigarettes made by Philip Morris.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

After nearly a decade, 11 workers will finally receive their claims from a company whom they accused of illegally dismissing them in 2001.

The Trade Union Congress of the Philippines (TUCP) on Monday said it plans to question before the Court of Appeals the denial by the regional wage board to grant a P75 across-the-board wage increase for workers in the National Capital Region.

MANILA, Philippines–Graduates of technical vocational courses have higher chances of getting employed and with a shorter job search period, Technical Education Skills Development Authority (Tesda) Director General Pastor Z. Guiao said.

OFFICIALS of the Labor department and of the Trade Union Congress of the Philippines (TUCP) will meet today to start discussing guidelines for a prospective two-tiered wage-setting system.

At least 19 law schools may face closure by the Commission on Higher Education (Ched) as not even a single student from their schools passed the recent bar exams.

After an increase in the wages of workers in Metro Manila was recently approved, Labor Secretary Rosalinda Baldoz over the weekend said there are at least eight wage petitions pending with other Regional Tripartite Wages and Productivity Boards (RTWPBs) nationwide.

THE COMMISSION on Information and Communications Technology (CICT) will start this month a 24-hour citizen help line as a form of public service, an official said.

SIMPLY creating jobs will not be enough to usher in inclusive growth and decrease inequality, according to a study released by the Asian Development Bank (ADB), a finding that is seen to impact efforts of the Aquino administration to craft a strong employment-generation program in order to stimulate the economy and boost household incomes.

BROADCAST giant ABS-CBN Corp. is accusing leaders of its job pool of “peddling disinformation,” saying it has not terminated workers nor prevented employees from forming a labor union.

THE EXPORT Development Act must be amended to firm up funding for marketing programs and punish government agencies that impede the sector’s progress, Export Development Council (EDC) officials said.

DAEJEON – Asian financial policymakers must brace for possible further shocks given risks to the global economy such as the eurozone turmoil, the International Monetary Fund chief said Monday.

Confidence in Aquino substantial but few pledges expected to be met FILIPINOS’ expectations of the Aquino presidency are optimistic yet at the same time practical, results of a new Social Weather Stations (SWS) survey indicate.

The Catholic Church Hierarchy in the Philippines is strongly opposing the introduction of sex education in the public schools. They say it will encourage youth to engage in premarital and promiscuous sex, learn about contraception and lead immoral lives. Sex education, they say, is the duty and responsibility of the parents not the governments. It…

AN industry group wants discretionary powers for the body that would oversee the implementation of the newly issued Comprehensive Motor Vehicle Development Program (CMVDP). Benjamin Sevilla, Philippine Automotive Competitiveness Council Inc. (PACCI) executive director, told reporters on Friday that the implementing rules and regulations (IRR) of CMVDP should be drafted in a way that it…

THE Philippine central bank said it would review this year’s forecast for remittances sometime in the latter part of the third quarter given indications that money sent home by overseas Filipino workers (OFW) may have peaked. “We are sticking to that forecast for now. Later this year we are going to review the forecast, maybe…

MANILA, Philippines—The Commission on Elections (Comelec) has ruled that the two nominees of Ang Kasangga party-list group cannot sit in the House of Representatives because they are not members of the marginalized sector.

There is no excerpt because this is a protected post.

MANILA, Philippines – The International Atomic Energy Agency, a UN-sanctioned institution, is likely to be invited to reevaluate the study conducted by Korea Electric Power Co. (Kepco) on the possibility of reviving the Philippines’ first nuclear facility in Bataan.