Monthly Archives: January 2012

Local vehicle assemblers ended last year with a four percent contraction over 2010 with Honda suffering the biggest loss. Latest figures show all product categories posting decline in sales.

Contrary to President Aquino’s claim that the country, under his watch, has changed for the better, more Filipinos believe the economy worsened in 2011, according to the latest Pulse Asia survey.

Labor Secretary Rosalinda Baldoz on Sunday said that almost all available data and performance reports of the Department of Labor and Employment (DOLE) will be posted online this year to enhance government transparency, reduce red tape and boost anticorruption efforts.

Up to 80 percent of small-scale miners operating in the country are presumed illegal, majority of which are operating in Mindanao, the Mines and Geosciences Bureau (MGB) said on Sunday.

MANILA, Philippines – Local stocks seem to be headed for choppy waters given the unraveling debt mess in Europe but the Aquino administration’s hardline efforts to pump-prime the economy will provide smooth sailing for investors that could take the market to the 5,400 range by yearend, leading online brokerage Citiseconline said.

THE numbers say it all. By the count of The Conference Board, a high-powered New York-based grouping of leading companies and experts from around the world, the contribution of developing economies to the 3.2-percent global growth projected next year would be more than four times that of rich countries: 2.5 vs. 0.6 percentage points.

In order to avoid questions and remove doubts on the Senate decision in the Corona impeachment case whether for or against him the parties involved must stick to the issues and adhere to the rules. So far, even as the trial has not started yet, there are already some supervening moves and disturbing developments which…

SEN. Panfilo Lacson on Sunday claimed that some lawmakers are demanding commissions from government projects funded by their “pork barrel” and that he intends to personally inform President Benigno Aquino 3rd about it.

It’s the new year, and what better way to ring it in than to add a shiny new credit card to your wallet? Here are 12 tips for obtaining a credit card and not misusing it.

The Aquino administration gave a lofty seven percent economic growth target for this year despite failing to achieve a five percent goal for last year as the estimate for growth for the whole year will be lower than 4.5 percent.

A decision by the United States Supreme Court last month, staying the deportation of a Filipino immigrant convicted of voluntary manslaughter, could slow down the deportation of nearly 393,000 people in the fiscal year that ended September 30, half of whom were considered criminals.

The Call center industry is one of the biggest employers of Filipinos today especially for young college graduates. In some cases, a college degree may not even be necessary. What is important is that one speaks fluently in English. The rest of the requirements can be addressed tor proper and sufficient training. The work of…

MANILA, Philippines—Drivers and conductors of public utility buses (PUB) should now be paid fixed salaries following an order by the Land Transportation Franchising and Regulatory Board (LTFRB) abolishing the commission system for such workers.

This is a really tricky thing. There can be one situation, and it can be seen differently depending on where one is coming from. What makes the process of perception complicated is our own emotional issues. Sometimes we live in a reality that is fabricated by our own personal complexities, and we operate from that…

NEWS ANALYSIS MANILA: Economic managers of the Philippine government have said that the country’s gross domestic product ( GDP) would grow by 5 to 6 percent this year despite uncertainties in the global economy.

MANILA, Philippines – The net inflow of foreign portfolio investments or “hot money” managed to breach the $4 billion level last year despite the economic uncertainty in the US as well as the debt crisis in Europe, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.

SPECIAL REPORT: CHINA In reaction to the global economic slowdown, China in 2012 and beyond aims to focus on growing domestic consumption and correcting imbalances in its development, officials said.

I don’t know what came over me, but after years of retirement from kitchen duties, I found myself doing Pote Gallego for noche buena. And once I got started I felt driven to cook on.

MANILA, Philippines – As the European Union debt crisis deepens, a Filipino nonprofit group has expressed fears that Filipino workers in the euro zone will continue to stick it out there despite their precarious situation and as a result, could become victims of human traffickers, especially in Italy and Spain.

Inflation rate in December decelerated to an 11-month low of 4.2 percent from 4.8 percent in November as increases in food prices and utility rates slowed, the National Statistics Office said Thursday.

Effective January 16, all bus drivers particularly in Metro Manila will receive a fix salary.

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The outlook for IT spending this year isn’t quite as rosy as Gartner previously predicted. Spending on IT products and services is expected to reach $3.8 trillion in 2012, a 3.7 percent rise from last year when spending totaled $3.7 trillion and had climbed by 6.9 percent from 2010.

Last of two parts The law applies to all — or none at all. — Manila Mayor Alfredo Lim The nation’s high hopes for governance reform got a couple of boosts this week. On Tuesday the Cabinet Cluster on Good Governance and Anti-Corruption, chaired by President Benigno Aquino 3rd himself, adopted the Good Governance and…

MANILA, Philippines – A good but challenging year. This was how Tourism Secretary Ramon Jimenez described the local tourism industry in 2011 despite a series of natural calamities and problems encountered by the department.

THE Energy department expects the independent audit of oil companies’ books to push through as soon as it completes the term of reference for the participating review committee.

Before taking a stand on the Corona impeachment case which is now obviously the subject of trial by publicity, it would be good for citizens of this country to at least have some basic knowledge and understanding of certain concepts and principles involved in the controversy.

MANILA, Philippines — A total of 212 individuals were confirmed HIV-positive by the STD/AIDS Cooperative Central Laboratory (SACCL) in its November 2011 report posted by the Philippine HIV/AIDS registry.