Monthly Archives: July 2010

Senators have started getting committee chairmanships but many of them are grumbling that they are not getting a fair shake from the Senate leadership.

IMPORTS continued to grow in May as manufacturers cranked up production to meet the surging global demand for electronic products, data showed Tuesday.

The court puts a brake on the illicit practice of worker dispatch in manufacturing industry including the Hyundai Motors, which can cause a wave of class action.

View the full text in PDF format

THE PHILIPPINES, which has been the world’s biggest rice importer in recent years, is now overstocked with the grain and will likely cut overseas orders dramatically, the government said yesterday.

EXPERTS ADVISED property developers to put up real estate investment trusts (REITs) now that inflation is stable and there are no firms going public, claiming investors would benefit from higher yields.

There is no excerpt because this is a protected post.

INSTEAD of “tinkering” with labor policies to create more jobs, an expert from the University of the Philippines School of Economics (Upse) urged the Aquino administration to focus its efforts on improving the country’s anemic economic growth in order to create more employment opportunities.

THE PHILIPPINES has among the largest share of motorists in Asia and Europe that are fuel efficient, a survey by multinational oil company Shell found.

CEBU, Philippines – The Regional Tripartite Wages and Productivity Board in Central Visayas has rejected the twin petitions of the labor groups demanding for P100 and P128 across the board wage increases to workers.

CEBU, Philippines – Health officials yesterday confirmed that the number of persons found positive of human immunodeficiency virus (HIV) in Cebu City has reached 150 from January to June 30 this year.

MANILA, Philippines – Trade Secretary Gregory Domingo is pushing the development of the tourism sector as his top priority, he told a meeting of some of the biggest business organizations in the country.

MANILA, Philippines – The Philippine Chamber of Commerce and Industry (PCCI) is hoping that President Aquino will implement in the first 100 days of his administration various measures to create an environment conducive to increased investments in the country.

It is interesting that President “Noy” and his crew made special mention of the media by asking it’s members to “police its own ranks”. Knowing that P-Noy is very at ease with the media, one has to step back and wonder what exactly was the point in all that.

MANILA, Philippines – At least 6,000 Filipino workers are set to return home from war-torn Iraq upon the orders of the US government, the Overseas Workers Welfare Administration (OWWA) reported yesterday.

MANILA, Philippines – President Aquino’s State of the Nation Address (SONA) was “deficient, defective, and divisive,” meant to lower the expectations of Filipinos on his capacity to run the country, Albay Rep. Edcel Lagman said yesterday.

MANILA, Philippines—Yes, they admit, the board directors are receiving P98,000 in salaries/perks a month plus travel and representation allowance of P28,000 a month. And yes, the employees have bonuses galore.

EMPLOYMENT in the electronics industry fell in 2008 due to the global economic crisis, the National Statistics Office (NSO) said. The NSO said total employment stood at 180,415 down from the 219,312 in 2006.

AFTER nine years of selling its power plants to settle debts, it’s back to square one for National Power Corp. (Napocor), as the current liabilities of the state-owned company remained as they were in 2001.

ILAGAN, Isabela: At least P15-million worth of heavy equipment owned by a logging firm based here were razed by fire by the New People’s Army (NPA) over the week, Army reports disclosed on Tuesday. According to Col. Loreto Magundayao, head of the fifth civil-military relations battalion based at Camp Melchor Dela Cruz—the headquarters of the…

MalacaÑang has rejected a proposal to revive the Bataan Nuclear Power Plant (BNPP).

Senate Majority Leader Vicente Sotto 3rd on Tuesday said that the chairmen of almost 90 percent of the Senate permanent committees have been identified. The chairmanship of the finance committee, formerly held by Sen. Edgardo Angara, will go to Sen. Franklin Drilon. Angara will head the committees on science and technology and on education.

The camp of Rep. Gloria Arroyo of Pampanga on Tuesday downplayed claims of President Benigno Aquino 3rd in his first State of the Nation Address (SONA) that there were irregularities during her nearly ten-year presidency. Mrs. Arroyo’s spokesman Elena Bautista Horn, a former head of the Presidential Management Staff, said that the government still has…

Many obsolete GOCCs, GFIs on chopping block The government is looking at abolishing government-owned and controlled corporations (GOCCs) and Government Financial Institutions (GFIs) that are not only obsolete but are also incurring ballooning liabilities.

The world is inevitably moving towards a low carbon economy. Most national governments have now accepted the need for action to reduce greenhouse gas emissions. The levels of reduction vary, but the trend remains clear.

What about us? This was the sentiment of the labor and transport sectors who felt left out in President Benigno Simeon C. Aquino III’s first State-of-the-Nation Address (SONA) delivered Monday before the Joint Session of the 15th Congress at the Batasang Pambansa in Quezon City.

CONSUMERS MAY have to brace themselves for higher electricity prices as the government wants to start reflecting the “true costs” of power, given the bulk of pending applications for rate increases.

LESS THAN a third of the amount of daily pay increase that labor groups demanded have been approved by wage boards in two regions. In Southern Mindanao, workers are to receive a P21 increase in daily pay by August.

MANILA, Philippines – Job offers, not sanctions, are waiting for overseas Filipino workers (OFWs), who violated the Philippine government’s deployment ban to Iraq.

A recent Harvard Business School survey of deans, executives, and recruiters that examines not only the value of MBA programs but also the mismatches between the skills learning of the MBA students vis-a-vis the realities of their workplaces has sparked fresh debate on the added value of MBA programs here and abroad. The HBS finding…