Monthly Archives: February 2011

THE Department of Transportation and Communications (DOTC) on Friday said it may lower the planned fare hike at the country’s mass rail systems after various nongovernment and student organizations expressed opposition.

At a recent forum on “Addressing Climate Change through Energy Efficiency Investments” hosted by the city government of Makati, Mayor Jejomar Erwin Binay expressed the city’s commitment to the promotion of “holistic green building practices” in the city.

WASHINGTON (AP) – The US unemployment rate is suddenly sinking at the fastest pace in a half-century, falling to nine percent from 9.8 percent in just two months – the most encouraging sign for the job market since the recession ended.

DESPITE a shortage of lawyers needed to render free legal assistance to poor Filipinos, the Public Attorney’s Office (PAO) was able to provide its clients favorable results in 2010.

MANILA, Philippines –  A total log ban will result in the loss of P30 billion worth of investments and the dislocation of 650,000 workers nationwide, the Society of Filipino Foresters Inc. said.

MANILA, Philippines – The past few years have seen an unprecedented expansion in the property sector, so much so that Congress even passed the REIT law—for Real Estate Investment Trust-—to democratize the ownership of realty and development companies while boosting capital formation in the country.

At least two Catholic bishops have warned of a “civil disobedience” campaign if the controversial bill on birth control is passed into law.

THE government has canceled up to 500 inactive mining permits and suspended all large-scale mining applications until the end of the year while it reviews all pending and inactive claims, Environment Secretary Ramon Paje said Friday.

THE Department of Labor and Employment (DOLE) ordered the staff and workers of Eton Properties to undergo occupational safety and health training, as well as general labor standards orientation, as she calls on construction companies to comply with the Occupational Safety and Health Standards (OSH) and the guidelines governing occupational safety and health in the…

MANILA, Philippines – The National Economic and Development Authority (NEDA) said it is not ready to recommend to the interagency Development Budget Coordinating Committee (DBCC) upward changes in this year’s economic growth projections despite the higher-than-expected performance of the economy last year.

INFLATION accelerated to 3.5 percent in January, the highest in four months, fueled by rising food and fuel prices, the National Statistics Office said Friday.

NEW YORK, Feb 5 (Bernama) — Malaysia continues to occupy the third leading position, after India and China, in the list of the world’s leading offshoring destinations, according to global management consulting firm A.T. Kearney’s latest Global Services Location Index (GSLI).

MANILA, Philippines—The widening gap between the rich and poor calls for an equal, if not greater, response from local businesses to help raise the living standards of families at the “bottom of the pyramid.”

In its pastoral letter dated January 30, 2011, the Catholic Bishops’ Conference of the Philippines (CBCP) has finally drawn the battle lines in clear and bold strokes “what they object to and what they stand for” regarding the controversial RH bill now being discussed in Congress.

MANILA, Philippines – Bank borrowers continued to enjoy lower rates as the accommodative policy stance of the Bangko Sentral ng Pilipinas (BSP) provided support to the domestic economy.

MANILA, Philippines – President Aquino yesterday declared an indefinite log ban all over the country.

MANILA, Philippines – Catholic bishops would back civil disobedience if the Responsible Parenthood (RP) Bill is passed into law.

A February 4, 2011 press release by the Department of Labor and Employment The Department of Labor and Employment (DOLE) yesterday said the employer of 17-year old Kevin Mabunga, one of the 10 construction workers who died at the tragic accident which occurred at Eton Greenbelt Residences in Makati City last week, could be held…

The Unbound Economy DAVOS – As the dramatic events in North Africa continue to unfold,many observers outside the Arab world smugly tell themselves that it is all about corruption and political repression. But high unemployment, glaring inequality, and soaring prices for basic commodities are also a huge factor. So observers should not just be asking…

MANILA — As the government beefs up its efforts to move closer towards hitting the 2015 Millennium Development Goal (MDG) targets, the Department of Education (DepEd) reaffirms its commitment to achieve universal primary education and the Education For All (EFA) goals.

A P1.00 FARE increase or P7.50 fare for passenger jeepneys may not be much, but for 52-year-old carpenter Esmer Pinas, it means more walking and less riding.

NEGROS Occidental Governor Alfredo Marañon Jr. asked employers to give a corresponding salary increase to their employees, in view of the P1 fare hike that takes effect Wednesday.

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MANILA, Philippines – A waste and pollution watchdog said the local government units (LGUs) will benefit in terms of cost reduction if they ban plastic bags and polystyrene food containers in their areas.

MANILA, Philippines – The general contractor in the construction of the Eton Residences condominium in Makati City will be held liable for violation of safety regulations which contributed to the deaths of the 10 workers who fell aboard an overloaded gondola.

THE Philippines’ minimum wage is likely to contract as a result of the government’s new way of measuring poverty, according to the National Statistical Coordination Board (NSCB).

Education, like life itself, starts at birth and ends with death. The division among elementary, secondary, and tertiary education is convenient for government planners and curriculum designers, but it is not based on human nature. There is no major difference in the learning abilities of children in Grade 6 and those in First Year High…

HONG KONG: The Chinese calendar may be set to welcome in the “Year of the Rabbit” but the new year could be auspicious for love cheats, astrologers predict, and those who want a younger partner.

“I call on Bangko Sentral ng Pilipinas Gov. Amado Tetangco, to make consumer protection and financial literacy a cornerstone of his second term in office,” said Rep. Jack Enrile, 1st District, Cagayan, as his appeal to the Central Bank during his privilege speech yesterday.

MANILA, Philippines – Opposition lawmakers urged the Department of Social Welfare and Development (DSWD) to conduct a monthly accounting of its disbursements from the P22-billion conditional cash transfer (CCT) fund.