Monthly Archives: May 2011

The effort against corruption was rated the weakest under the administration of President Aquino during the three years since 2007 that the Washington-based think tank Global Integrity held its surveys, with the Philippines receiving an overall “very weak” grade of an average 57 percent, a rating that his critics said mimicked his empty anti-graft rhetorics.

The Philippines will likely post a slightly lower export growth this year after shipments of a number of the country’s agricultural exports to Japan slowed down due to the disasters that struck the north Asian nation in March this year.

DepEd strives to solve enrolment retention problems in the Visayas… MANILA, Philippines — According to the 2010 Department of Education (DepEd) data, of the almost 14 million elementary pupils, 6.28 percent dropped out in schoolyear 2009-2010. That is more than 800,000 pupils.

Metro Manila workers can expect no more than a P13.35 a day wage hike as, with the rising costs of production, this is the best that employers can offer, a president of employers’ union told Radio Inquirer Thursday.

A DAY after insisting on their demand for a P75 adjustment in the minimum wage in Metro Manila, the Trade Union Congress of the Philippines yesterday criticized the Bangko Sentral ng Pilipinas for placing a ceiling of P25 in the possible wage adjustment.

BEIRUT: Laws protecting the rights of Filipino migrant workers in Lebanon are “on the verge” of being signed, the Philippine ambassador Gilberto Asuque told The Daily Star Wednesday.

STIPENDS instead of outright pay increases should be considered by wage boards as current economic conditions could soon improve, the head of an employers’ group yesterday said.

Former First Lady and incumbent Ilocos Norte Representative (2nd District) Imelda Marcos is seeking to strengthen the country’s policy on the prevention and control of the dreaded Human Immunodeficiency Virus/Acquired Immunodeficiency Syndrome (HIV/AIDS).

UNITED NATIONS – World population levels are expected to reach 10.1 billion at the end of the century, according to a new UN report released here on Tuesday.

THE Philippines will likely get trapped in middle-income status until 2050 because of slowing economic growth and stagnating incomes, according to the Asian Development Bank (ADB).

CEBU, Philippines – The KEPCO SPC Power Corporation has been verifying and identifying the potential source of continuing complaints of coal dust reaching nearby communities in Naga City, and expresses readiness to install additional mitigating measures if needed.

AS restive transport workers throughout the country clamor for increased fares, Cebu buses are giving commuters a break—fare cuts!

EMPLOYERS cannot afford to hike wages to as high as P75 daily, as proposed by some sectors, for it may lead to layoffs and closures of firms, according to the Employers Confederation of the Philippines (ECOP).

MANILA, Philippines –  Organized labor rejected yesterday the proposal of the Bangko Sentral ng Pilipinas (BSP) to grant a P25 increase in the daily salary of workers in Metro Manila, while employers only offered a P13 wage hike.

MANILA, Philippines – Filipinos are no longer being hired as highly skilled workers in US military bases in Afghanistan, local recruiters said yesterday.

MANILA, Philippines – The Philippines was rated “very weak” in terms of governance and corruption in the 2010 Global Integrity Report released yesterday.

MANILA, Philippines—The moderate labor group Trade Union Congress of the Philippines stood pat on its demand that the Metro Manila regional wage board give workers a P75 minimum wage increase.

New changes to credit cards aim to give customers greater flexibility and control over their accounts. The changes, which came into effect in January and April of this year, will affect the order of payment and ban credit card cheques unless requested.

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World Bank Contacts: In Manila: David Llorito (632) 917-3047 E-mail: comphil@worldbank.org Erika Lacson (632) 917-3013 E-mail: elacson@worldbank.org In Washington: Carl Hanlon (202) 473-8087 E-mail: chanlon@worldbank.org MANILA, MAY 3, 2011—The World Bank supports the Philippines’ climate change agenda and will highlight the country’s climate change action plan in international forums and future global talks on climate…

THE central bank on Tuesday warned an increase in the minimum wage beyond P25 a day would result in higher commodity prices.

THE government will cut the tax exemptions and incentives being extended to businesses and investors instead of imposing new taxes, President Benigno Aquino III said Tuesday.

DESPITE inroads in intellectual property rights (IPR) legislation, the Philippines’ anti-piracy efforts were deemed lacking, hence the country remains on the US’ piracy watch list for the sixth year in a row.

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) yesterday warned that an across-the-board daily wage increase exceeding P25 per day could fan inflation leaving the central bank with no option but to further tighten its monetary policy stance to rein in inflation.

The petition for a rise in the minimum wage will be rewarded with an increase in the minimum wage. Signals from the government have announced as much.

THE Department of Labor and Employment (DOLE) on Tuesday said there was only one labor strike or work stoppage during the first three months or the first quarter of this year.

Here’s a sampling of the commentary offered up by the oddball coalition of leftist agitators, Liberal Party trapos and administration gunslingers who are charged these days with bulldozing over anything and anyone standing in the way of their daang matuwid, following the resignation of Ombudsman Merceditas Gutierrez:

Manila May 3 (Reuters) – A wage hike above the Philippine central bank’s assumed increase for this year may put more pressure on consumer prices, but inflation is likely to be more moderate next year, Governor Amando Tetangco said on Tuesday.

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WITH battles raging in various parts of the oil rich Middle East as internal power struggles intensify and spread, countries around the world are making urgent assessments of how all this would affect the price of oil – the all important lubricant for the global economy.