Monthly Archives: December 2010

MANILA, Philippines – The inflow of foreign direct investments (FDIs) in the Asia Pacific region is forecast to expand 17 percent this year, a reversal of the 40-percent decline in 2009, the World Bank said in a report.

MANILA, Philippines – Businessmen warned the government yesterday that the passage of the Security of Tenure bill will further deter investments and expansion of businesses in the country.

Handog kay P-noy Jobs & Livelihood Expo 2010, Dec 17-18, 2010 (9:00 am- 5:00 pm), Philippine Trade Training Center (PTTC), Pasay City Various companies from different industries will participate in this event. So jobseekers, bring your updated resume, wear proper attire and attend this one- stop- shop event! Who knows,you will be able to land…

Below is an excerpt from the above article by A.G ROMUALDEZ JR., M.D. An article in The Lancet, a leading international medical and public health journal, has accused the government of Canada of hypocrisy in its policies regarding the asbestos industry. Asbestos, established as a cause of mesothelioma (a deadly form of lung cancer), has…

City of Malolos, Bulacan (15 December) — The Department of Labor and Employment’s (DOLEs) 77th Founding Anniversary this month was observed here at SM City Marilao with an Advocacy and Information Campaign Against Child Trafficking-cum-Gift Giving for Children at Risk and Victims of Child Trafficking last December 13, 2010.

The Department of Labor and Employment (DOLE) last week recognized an electronics firm, a cement and aggregates manufacturer, and the country’s only copper smelter and refinery for having the best family welfare program (FWP) in the country that effectively reduced absenteeism among their workers and promoted productivity and industrial peace in their workplaces.

MANILA, Philippines—The Business Processing Association of the Philippines (BPAP) and the Commission on Information and Communications Technology are condemning cyber sex dens that call themselves business process outsourcing (BPO) service providers as it casts the country’s sunshine industry in a bad light.

WHILE the spread of the human immunodeficiency virus (HIV) in Asia was already tagged as “largely stable” as of 2009, a United Nations agency report named the Philippines as among the exceptions as the prevalence of the disease grew five times to 8,700 from just 1,700 in 2001. There are around 4.9 million people living…

CREDIT CARDHOLDERS should keep track of the progress of House Bill 1235. Filed by Rep. Arthur Yap, who is on his first term as representative of the 3rd district of Bohol, the bill, if enacted into law, sets a limit on monthly interest for credit card payments to one percent, or 12 percent per annum.

SHANGHAI (AP) – The prolonged weakness in the US and Europe may be the least of Asia’s troubles in 2011, economists say, as the region fights potentially destabilizing inflationary pressures.

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DoLE) are in the process of crafting new guidelines governing outsourcing of jobs in the banking industry.

MANILA, Philippines—The Department of Foreign Affairs (DFA) has so far certified less than half of more than 180 countries around the world as nations where overseas Filipino workers can be “deployed,” the Philippine Overseas Employment Administration (POEA) chief said Tuesday.

Overseas Filipino workers (OFW) vacationing in the country may now process their travel documents in at least two major malls in Metro Manila, according to the Philippine Overseas Employment Administration (POEA).

MANILA, Philippines (4th UPDATE) – President Aquino on Wednesday assumed the jurisdiction over the labor row in Philippine Airlines, effectively putting on hold an impending retrenchment of its ground crew employees and an impending strike that aims to cripple the operations of the Lucio Tan-controlled airline.

Davao City (14 December) — The National Economic and Development Authority (NEDA) is urging private institutions to tap a facility under the co-operation program between the European Union (EU) and the Philippine government that provides assistance on trade matters that impacts on poverty reduction.

PARIS (Xinhua) – Except for the Philippines, major southeastern Asian countries are to register slowing down economic recovery pace in the fourth quarter of this year mainly due to weak trade, the Organization for Economic Cooperation and Development (OECD) said on Monday.

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are in the process of crafting new guidelines governing outsourcing of jobs in the banking industry.

Dipolog City (December 14) — City Mayor Evelyn Yu is very much thankful to President Benigno Aquino lll for appointing her as the RDC chair for region IX.

The Senate yesterday approved on third and final reading Senate Bill 78 which will increase the minimum wage of house helpers or “kasambahays” and will provide them with additional benefits.

MANILA, Philippines – Many Philippine Airlines (PAL) employees are willing to avail themselves of the retirement package being offered by the airline company and would rather not join the impending strike.

CAMP OLIVAS, Pampanga ,  – A firecracker worker died and three others were seriously injured when a Roman Candle accidentally sparked and an explosion occurred at Purok 6, Barangay Sto. Niño, Baliuag, Bulacan, Saturday.

MANILA, Philippines—For whatever it is worth, I have a vision for the Philippine economy for the year 2020, a decade from now. I do not claim that it is as an accurate a vision as the term 2020 connotes physically. It comes from a whole set of judgments I am making about present economic and…

The Justice department has issued a hold-departure order against three Korean nationals who have been charged with syndicated and large-scale illegal recruitment, an act that is tantamount to economic sabotage.

A HOUSE bill seeking to replace the 12-percent value-added tax with a 6-percent value simplified tax will make the country’s exports less competitive, increase local prices, and make it more difficult to raise government revenue, a Finance Department official said over the weekend.

MANILA, Philippines – Campaigns to declare national holidays in the Philippines that would honor pets and fishermen are fueling business anger over the mounting number of days off workers enjoy each year.

MANILA, Philippines—A bill that will provide a higher minimum wage and additional benefits for house helpers, or “kasambahays,” has been approved on third and final reading in the Senate.

MANILA, Philippines— The Philippines’ performance in meeting the Millennium Development Goals (MDGs) has remained “generally low” with barely five years into the deadline to achieve the goals set by the United Nations, according to a UN official in the Philippines.

THE Philippine National AIDS Council and its partners have launched a campaign to stop the spread of the dreaded disease following reports that one Filipino is infected with HIV every five hours, or five new cases per day.

When Quebec Health Minister Yves Bolduc was asked what he thought of Industry Minister Clement Gignac’s proposal to have the government’s workplace health and safety board conduct an annual audit on the safe use of Quebec asbestos in countries to which the product is exported, he respectfully declined. For good political reasons, if not good…

10 December 2010: Manila, Philippines – Five levels below the ground. It was not a bomb shelter. The messengers were not carrying a bomb although their message was to defuse a different kind of bomb. It was the receiving section of the Canadian Embassy. Or so it was said.