Monthly Archives: April 2011

THE government on Monday allayed inflation fears, saying prices should decline toward the latter part of the year to conform to the Bangko Sentral’s inflation expectations.

MANILA, Philippines—More than 100,000 jobs are up for grabs in various job fairs this coming Labor Day across the country, Labor Secretary Rosalinda Baldoz said Monday.

MANILA, Philippines—Some 300 overseas Filipino workers who reportedly abandoned their jobs in Madagascar, an island-nation in the Indian Ocean, are not entitled to the one-time financial grant of P10,000 from the government, according to the Overseas Workers Welfare Administration (OWWA).

The Burma question seems unresolved within the short-term as Asian leaders have no compassion towards the people of Burma who have been suffering hellish plights underneath an atrocious military dictatorship. Currently, they are collaborating with Thein Sein’s sham civilian government so as to exploit the resource-rich country.

MANILA, Philippines (Xinhua) – The government is stepping up its anti-child labor drive by seeking the participation of 42,000 villages in the implementation of the administration’s program, a senior government official said today.

WASHINGTON, D.C.: Turmoil in Japan could spell higher costs and choppy sales for US firms, according to a survey of trade economists published Monday, showing jitters and uncertainty about the impact of the crisis.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

MANILA, Philippines – Treasury bill (T-bill) rates declined to new record lows on the back of the huge improvement in the country’s fiscal position as well as strong liquidity in the financial system. This prompted the Bureau of Treasury to open a tap facility to sell an extra P9 billion worth of debt papers after…

Malacañang yesterday passed on to the judiciary the “pressure” it is receiving from various media and other press-oriented organizations concerning the resolution of the 2009 Maguindanao massacre and other political killings involving journalists that happened during the Arroyo administration.

Reports of sleeping air traffic controllers highlight a long-known and often ignored hazard: Workers on night shifts can have trouble concentrating and even staying awake.

Government economic managers have updated their economic assumptions for the year, taking into account the latest developments in other countries that are expected to affect the flow of funds into the Philippines.

MANILA, Philippines – Even if some sectors believe that the P125 minimum-wage hike is “justifiable,” the National Statistical Coordination Board (NSCB) said wage hikes in the Philippines have not breached the P27 mark in more than two decades.

CEBU, Philippines – Overseas Filipino workers abroad are facing not only opportunities but also threats, a labor diplomat said.

The Department of Labor and Employment (DoLE) is looking at the possibility that the Philippines can capture 50 percent of the global seafarer’s demand by 2016.

DAVAO CITY — Sugar supply has been declining worldwide not because more people are consuming more sugar. As global demand is now outpacing sugar supply and production worldwide, sugar prices have been rising to levels not seen since the historic highs of 1975 and 1982.

MANILA, Philippines – Isuzu Corp. Philippines said they will shut down their operations today (April 18) until the beginning of May because of parts supply problems.

MANILA, Philippines – The political turmoil in the Middle East and the nuclear crisis in Japan are likely to translate to high unemployment rate in the country with a high number of overseas Filipinos expected to return to the Philippines.

TOYOTA Motor Philippines Corp. (TMPC) said the crisis in Japan will not have a significant impact on its financial performance even as the company implemented a two-week holiday to monitor its supply.

MANILA, Philippines – Registered investments surged 123 percent to P144.822 billion in the first quarter of the year as more new projects continued to pour in, the Department of Trade and Industry (DTI) reported over the weekend.

Less than a year after the last elections, partisan politics uniquely practiced in the Philippines, is rearing its ugly head again. This is the kind of politics that seeks to advance or protect personal or group interests at the expense of the truth or the common good by the “systematic organization of hatreds” as Henry…

THE Philippines is “close” in achieving most of the Millennium Development Goals (MDGs) by 2015, according to a new World Bank report.

MANILA, Philippines –  US air traffic controllers falling

MANILA, Philippines – The Social Security System (SSS), will put in place “deliberate structural changes” to be able to provide additional benefits to members.

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has slashed the projected growth in the amount of money sent home by Filipinos abroad this year and sees further slowdown next year due to the ongoing tensions in Middle East and North African (MENA) states as well as the magnitude 8.9 earthquake and killer tsunami…

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) sees the country’s strong economic momentum stretching until next year on the back of robust domestic demand and rising capital formation.

If there’s anything the reported Willie Revillame controversy did, it gave him international notoriety. Arriving from a trip to the United States and Canada, I could not believe how many Asian publications carried the story on the reported child abuse in Revillame’s TV program. What it actually did was to highlight the despicable number of…

BRANDS SUAREZ CHALLENGE OF BIR AUDIT AS ‘OBFUSCATION’ The Palace cried harassment and branded as “political obfuscation” the suggestion of oppositionist Quezon Rep. Danilo Suarez for President Aquino and the Bureau of Internal Revenue (BIR) to check the financial books of companies of big businessmen who are members of Aquino-backer Makati Business Club (MBC).

ILOILO CITY—Scrap, suspend or reduce taxes on petroleum products but don’t raise wages.