Monthly Archives: September 2010

Chen Guangbiao is in a generous mood. So generous, in fact, that the Chinese tycoon (assets: $735 million) seems to have infected other millionaire industrialists with the charity bug. Chen says 100 of them have agreed to bequeath their wealth to charity upon their demise.

ABOUT 87 percent of adult Filipinos expect the government to provide healthcare for all, including those who cannot afford to pay for it, according to a Social Weather Station (SWS) survey. It also found that 60 percent of the respondents felt satisfied with the government in providing quality health services for all. In addition, 25…

THE National Economic and Development Authority (NEDA) said that despite improvement in the economy, the quality of employment remains a concern.

There is no excerpt because this is a protected post.

American businessmen in the Philippines are optimistic of prospects in the country but most remain wary of prevalent corruption in the government, a poll among US companies in Southeast Asia showed. According to the Asean Business Outlook Survey 2010, 86 percent of respondents from the Philippines expected the country’s economy to expand this year.

MANILA, Philippines – Four out of 10 Filipino children are living in various forms of poverty, other than economic poverty, according to the latest survey on child welfare conducted by the United Nations Children’s Fund (UNICEF) and the Philippine Institute for Development Studies (PIDS).

MANILA, Philippines – Consumer confidence hit a new record high under the Aquino administration on the back of favorable macroeconomic fundamentals as well as brighter economic prospects, results of a survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed.

MANILA, Philippines – Finance Secretary Cesar Purisima urged the business community to invest in the government’s planned infrastructure projects to give the Aquino administration fiscal space for social services.

BACOLOD City, Philippines —Vice President and housing and Urban Development Coordinating Council (HUDCC) chairman Jejomar Binay vowed yesterday to review policies and institute initiatives toward a more sustainable housing sector.

THE PHILIPPINES needs to implement more measures to improve accessibility of financial services to levels at par with those of neighboring countries, according to a survey conducted by the World Bank and the Consultative Group to Assist the Poor (CGAP).

THE PHILIPPINES will miss all eight Millennium Development Goals (MDGs) if lawmakers will fail to pass laws in aid of fiscal reforms, which had been languishing in Congress for several years, according to a non-government organization.

TOILET SHORTAGE IN SCHOOLS MANILA, Philippines—It’s not uncommon to hear pupils say “May I go home Ma’am” in public schools, especially in Metro Manila. Good thing their homes are just a walking distance away.

MANILA, Philippines — The 13 overseas Filipino workers who have filed a case of human trafficking against the Taiwanese company AV Tech and its broker won ten out of 12 demands, according to a migrant workers’ rights group said.

BEIRUT, Sept 16 (Reuters) – Lebanese courts are failing to hold employers accountable for abusing migrant domestic workers, Human Rights Watch said on Thursday in Beirut, where many maids face severe mistreatment and some are driven to suicide.

THE Philippines’ vast area of untapped mineral resources can be converted to multiple investment opportunities in the areas of exploration, development and mineral processing, trade secretary Gregory L. Domingo said.

JOB AVAILABILITY INDEX GROWTH in online job postings slowed in August from a year ago, still reflecting cautious employer sentiment. The Job Availability Index’s statistical measure of monthly job placements at Jobstreet.com rose by 17.8% last month, slower than August 2009’s 78.6%.

9/9/2010 – The world economic recovery may be slowing faster than previously anticipated, according the OECD’s latest Interim Economic Assessment. Growth in the Group of Seven countries is expected to be around  1½ per cent on an annualized basis in the second half of 2010 compared with the previous estimate of around 2½ per cent…

Despite their promises to push for the fulfillment of the Millennium Development Goals (MDGs), Congress leaders on Wednesday were noncommittal on the approval of the controversial reproductive health (RH) bill. In an interview after the ceremonial handover of the Citizens’ Report on the MDGs held at the House of Representatives, Senate President Juan Ponce Enrile…

SAN BRUNO, Calif. – The tragic explosion of a gas pipeline in a San Francisco suburb has shed light on a problem usually kept underground: Communities have expanded over pipes built decades earlier when no one lived there.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

MANILA, Philippines—The poverty situation in the Philippines is “much worse” that the government is prepared to admit in its 2010 progress report on the Millennium Development Goals (MDGs), the nongovernment Social Watch Philippines (SWP) said Wednesday.

CITY OF SAN FERNANDO—The officers and employees of the Home Development Mutual Fund (Pag-IBIG Fund) have been ordered to report in writing their acquisition of property in any housing projects of the Globe Asiatique Realty Holdings Corp.

14 September 2010 – Premature withdrawal of macroeconomic stimulus measures in developed countries in the face of budget deficits may trigger a deflationary spiral in the global economy, with attendant slumps in growth and employment, a major United Nations trade agency warned today.

WASHINGTON—No child should have to choose between putting food on the table and getting a proper education, actress Eva Longoria said Wednesday calling for more rights for the youngest US farm workers.

The secretary of the Department of Social Welfare and Devlopment has been getting a lot of flak lately about the more-than-doubling of the DSWD 2011 budget to finance the government’s Conditional Cash Transfer program, known locally as the 4Ps or the Pantawid Pamilyang Pilipino Program. The objections which arise from various sectors — religious, activists,…

MANILA, Philippines – The Department of Education (DepEd) has initiated the development of an education curriculum that was designed to meet the learning needs of the Indigenous Peoples (IPs) communities.

(Special to the BusinessMirror) The contract to finance and implement the construction of a mass-transit line along Edsa, the Philippines’ busiest thoroughfare, was drawn up on August 8, 1997, between the Department of Transportation and Communications (DOTC) and the Metro Rail Transit Corp. (MRTC).

THE Philippines is fast-becoming a “mining haven” with $14 billion (P619.64 billion) in projected investments from 2009 to 2015 and $11.1 billion (P491.29 billion) in annual revenues starting 2017, according to Sergio R. Ortiz-Luis Jr., president of the Philippine Exporters Federation (PEF).

IN order for the Philippines to finance the achievement of the Millennium Development Goals (MDGs), civil society organizations (CSOs) believe that pursuing the debt for MDG swap scheme can help the Philippines address financing gaps.