Monthly Archives: January 2011

THE perks for firms hit hard by the global recession would be scrapped from this year’s list of projects that are entitled to incentives, the Board of Investments (BOI) said. Efren Leaño, BOI executive director, said the 2011 Investment Priorities Plan (IPP) would be leaner than the last year’s list.

At least 70 Filipino workers in Madagascar are currently stranded and awaiting repatriation to the Philippines after staging a strike against their employer for nonpayment of wages and other contract violations.

The Department of Labor and Employment should immediately crack down on employers who failed to give their workers the mandatory 13th-month pay.

THE Aquino administration is bracing itself for revenue-eroding measures that are set to take effect this year.

It’s bad enough that many Filipinos don’t know their real history. It’s worse when idiots (people who do not know the truth) and deceivers (people who know the truth but want to hide it) are distorting the truth. Idiots unwittingly distort the truth by spreading fiction. Deceivers wittingly distort the truth for personal gain or…

MANILA, Philippines – Many workers nationwide seemed not to have benefited from the long weekends that marked the Christmas holidays.

MANILA, Philippines – After leaving the presidency, Gloria Macapagal-Arroyo continues to walk the corridors of power, but this time in the halls of Congress, after making an unprecedented move of running for – and winning – a lower position as congresswoman of Pampanga in the last May elections.

MANILA, Philippines – Public Works Secretary Rogelio Singson spent the first six months of his term implementing reforms in the agency often rated as the most corrupt and controversial.

Asean members this year will attempt to build on free trade gains, but investment liberalisation will be a challenge Another challenging year has begun for Asean nations looking to affirm their cooperation and integrity in a concerted effort to speed up talks on further free trade pacts covering investment and services after the six original…

There is no excerpt because this is a protected post.

MANILA, Philippines — Mandaluyong City Mayor Benjamin Abalos on Monday said he has asked call center companies to have their employees undergo lectures on HIV and AIDS.

BELIEVE it or not, 2010 may be considered as a year of changes. Well, at least, in the National Government.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

Another commerce ministry official said, also on condition of anonymity, that a long pending proposal for a Ceca with Indonesia may be reopened during the visit of Indonesian President Susilo Bambang Yudhoyono in January.

REGULATORS in the Philippines, regardless of the state of the microfinance elsewhere, insist on the continued robustness of an industry worth some $30 billion globally and around P7 billion within the country’s borders.

MANILA, Philippines – A member of the Quezon City council is seeking stricter monitoring and testing of men and women working as night club entertainers in the city following reports of rising cases of sexually transmitted diseases.

MANILA, Philippines – Commercial and universal, and the smaller thrift banks’ credit card loans or credit card receivables (CCRs) increased by 2.9 percent as of September last year to P133.9 billion compared to the same period in 2009, the Bangko Sentral ng Pilipinas (BSP) said in a press release.

LUZON could face three-hour blackouts this year if the power demand reaches a peak of 7,900 megawatts and power plants break down, while the summer is likely to bring water shortages later in the year, an official told the Manila Standard.

MANILA, Philippines – The Department of Labor and Employment (DOLE) on Sunday reported a high compliance rate of the private sector in the minimum wages set by the various Regional Tripartite Wages and Productivity Board (RTWPBs).

Labor Secretary Rosalinda Baldoz bared that employers in Malta, a small country in the Mediterranean, have expressed desire to hire Filipino caregivers, seafarers and service industry workers.

The operations of some of the 157 government-owned and controlled corporations (GOCCs) will be placed in another round of scrutiny by the Senate.

THE Department of Trade and Indus try (DTI) said it would unveil a new incentives tack that would reward investments that generate “more value-added” to the economy. “While investment figures and growth numbers have to be tracked, we have to look for a better measure of the performance of IPAs,” DTI Secretary Gregory Domingo said,…

MANILA, Philippines – The Department of Finance (DOF) prefers an expansion of the discount on senior citizens’ purchase of medicines over an expanded value-added tax (VAT) exemption.

THE Armed Forces of the Philippines (AFP) has started implementing its new anti-insurgency strategy aimed at winning the hearts and minds of the people rather than directly confronting the enemy, to achieve peace and stability and finally put an end to the 40-year communist insurgency. The new Internal Peace and Security Plan (IPSP), dubbed as…

MANILA, Philippines – Combined investments approved by the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA) reached P503.39 billion in 2010 as the electronics and manufacturing sector continued to remain strong.

MANILA, Philippines – The Department of Budget and Management is preparing a budget execution strategy for an additional P21 billion worth of conditional cash transfer (CCT) program to be distributed by the Departments of Social Welfare and Development, Education and Health.

MANILA, Philippines—On a scale of 1 to 10, with 10 being the most alarming, the HIV-AIDS problem in the Philippines is now pegged at five.

MANILA, Philippines – More Filipino nurses are likely to pass Japan’s licensure examination and get employed in that country this year, the Philippine Overseas Employment Administration (POEA) said yesterday.

MANILA, Philippines – The year 2010, which follows a year of destructive typhoons, became a challenge for the Department of Environment and Natural Resources (DENR) to mitigate the effects of natural disasters in the country.