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MANILA, Philippines – The words of Finance Secretary Cesar Purisima captured the situation of the country’s fiscal sector when the Aquino administration stepped into office last June.
MANILA, Philippines – The Development Bank of Singapore (DBS) expects the Bangko Sentral ng Pilipinas (BSP) to cut its overnight borrowing rate by another 50 basis points (bps) today due to easing inflation in the country.
MANILA, Philippines – The Aquino administration expects private consumption to continue driving growth for 2011 on the back of the continued dollar inflows from overseas Filipino workers (OFWs).
CHRISTMAS MESSAGE MANILA, Philippines―With the impending passage of the reproductive health (RH) bill, “unpeace in the womb” is one of the most “glaring” threats Filipinos face this coming new year, the president of the influential Catholic Bishops Conference of the Philippines (CBCP) said Saturday.
BEIJING: China, already the banker to the United States and a major investor in emerging markets, is now positioning itself as the potential “white knight” saviour to debt-laden Europe, analysts say.
Three complications exist, however. First, when a bailout is required, it is clearly because something has gone terribly wrong. In Greece’s case, it was out-of-control government spending with no thought to the future; in essence, Athens took that black card and leapt straight into the economic abyss. In Ireland’s case, it was private-sector overindulgence, which…
MANILA, Philippines – The Philippines and the European Union (EU) have signed the 36-million euro (about P2.12 billion) second phase of the Health Sector Policy Support Program (HSPSP).
Europe is on the cusp of change. An EU heads-of-state summit Dec. 16 launched a process aimed to save the common European currency. If successful, this process would be the most significant step toward creating a singular European po-wer since the creation of the European Union itself in 1992—that is, if it doesn’t destroy the…
LEGAZPI CITY: The quest of the Philippine government and other developing countries to obtain climate funds is in the crossroad as the wealthy countries disregarded the plea of poor nations, Gov. Joey Salceda of Albay lamented. Salceda, who attended the concluded 16th Conference of Parties (COP-16) climate talks in Cancun Mexico told before the participants…
MANILA, Philippines – While the country was battered by several strong typhoons this year, the Department of Science and Technology (DOST) was likewise hit by an internal tempest that left its chief weatherman the lone casualty.
MANILA, Philippines – Vice President Jejomar Binay is determined not to be just a spare tire of the President.
BUSINESSMEN want the Philippine government to act fast, negotiate with the European Union for a bilateral free trade agreement (FTA) and warn that continued pussy-footing will cause our country to miss the opportunities that our Association of Southeast Asian Nations fellow-member-countries have begun to benefit from.
MANILA, Philippines – 2010 was certainly a challenging year for the Department of Tourism (DOT) and the local tourism industry, as one crisis followed after another.
MANILA, Philippines – One hundred and 12 Filipinos tested positive for HIV in November, up 40% from the 80 reported cases in November last year, according to the HIV and AIDS Registry of the Department of Health (DOH).
SAN FERNANDO CITY, Pampanga, Philippines—Protect the family. This message rang out in Pampanga on Christmas Day when Archbishop Paciano Aniceto dwelt on the dangers posed by the reproductive health (RH) bill in his pastoral statement that was read in 92 parishes during Misa de Gallo.
TAGBILARAN CITY, Bohol, Philippines (PNA) — Deregulation and stiff competition determine the prices of petroleum products, including their disparities.
Public-private partnership or PPP is again the catch phrase in the Philippines as a formula for carrying out large infrastructure projects, an engine for economic growth.
TOKYO – East Asia’s booming economies have for years been the envy of the world, but a shortfall in one crucial area — babies — threatens to render yesterday’s tigers toothless.
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CEBU, Philippines – Party-list group Trade Union Congress Party urged the government and the private sector to participate in the House deliberation of the proposed Magna Carta for the Poor.
TUBLAY, Benguet, Philippines — Today’s youth must venture on technical-vocational (tech-voc) courses to help them land high-paying local and overseas employment, Rep. Ronald M. Cosalan said here recently.
It’s not surprising surveys that purport that many Filipinos find contraceptives acceptable (or that imply that contraceptives should be used for population control) are being used to promote the RH bill. Two problems quickly come to mind when it comes to the use of such surveys to determine state policy: reference framework issues and governance…
DAVAO CITY, Philippines—The Philippines has been outpaced by neighboring Asian countries in terms of labor, employment and competitiveness, Labor Secretary Rosalinda Baldoz said.
Shipment cost of donated trains from Japan MANILA, Philippines—The Philippine National Railways (PNR) has secured the funding it needs to ship to the country donated trains from Japan that will augment the train line’s current passenger and cargo capacity.
Labor officials urged local government units (LGUs) to register their constituents in the government’s Skills Registry System (SRS) to help them find jobs more easily.
The Philippine Airlines (PAL) flight attendants union has called off its planned labor strike after the Department of Labor and Employment (DOLE) raised the attendants’ compulsory retirement age from 40 to 60 years old.
The Communist Party of the Philippines (CPP) has branded the Armed Forces of the Philippines (AFP)’s internal peace and security plan (IPSP) “Bayanihan” as “the same dog with a different collar,” stressing the new plan is patterned after the United States militarist counterinsurgency guide.
THE National Statistics Office (NSO) on Thursday said imports in October rose to a five-month high on electronics and fuel purchases from abroad, even as domestic factory output grew at its slowest pace in 10 months.
UNIVERSITIES and colleges in the country are now prohibited from forcing their students from enrolling in a preferred review center of the said higher education institutions (HEIs).
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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