Monthly Archives: February 2012

Legislators exerted extra efforts in 2012 for the ratification of the Household ‘Kasambahay’ Bill, especially after several cases of violence have prevailed at home and abroad. In July this year, Senate President Pro-Tempore Jinggoy Estrada wanted Congress to alter the provisions of the proposed ‘Kasambahay’ Act to make it congruent to the standards of the…

MANILA, Philippines – One of the world’s most respected personal finance advisers is urging Philippine banks to put a cap on increasing the credit limit of their card holders.

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To get the best prices, the Social Security System and Government Service Insurance System should submit to a Swiss challenge all unsolicited offers to purchase their marketable securities, the Trade Union Congress of the Philippines said in a press release.

Dismayed by audit reports showing the Social Security System (SSS) and Government Service Insurance System (GSIS) may not have gotten the best deal for their members when they sold their Meralco holdings for only P90 per share, the country’s biggest labor union proposed that the two state pension funds submit their marketable securities to a…

Hundreds of millions of children in cities across the world are growing up in poverty and enduring deprivation, according to a report unveiled today by the United Nations, spotlighting social exclusion and calling for measures to give the youngsters access to basic services and opportunities for a better future.

MANILA, Philippines — By 2016, a total of 5.3 million certified graduates are expected to join the labor sector as the Technical Education and Skills Development Authority (TESDA) continues to pursue its goal of becoming the country’s prime provider of quality technical-vocational education.

The Department of Health on Friday warned the public of health risk of air pollution as the cases of respiratory diseases are steadily increasing in Metro Manila, frittering away some P52 million in 2006 and eating up as much as P910 million in health costs.

NICKEL mining operations in Palawan have already contaminated a river system with unsafe levels of carcinogenic or cancer-causing chemicals, Filipino and Japanese environment groups today revealed. In a press conference in Quezon City, environment activists from Friends of the Earth Japan (FoE-Japan) and the Kalikasan People’s Network for the Environment (Kalikasan PNE) presented findings from…

Dear PAO, I am a manager in a company and I just want to clarify if it is true that any managerial positions are not entitled to a 13th month pay under PD 851? What are the legal bases on this? However, in my previous job which I was also a manager for 4 years…

MANILA, Philippines – The Department of Labor and Employment (DOLE), in a bid to resolve the country’s high unemployment rate, is now encouraging graduating students to get into farming and other agriculture-related courses.

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) said consumption spending would likely remain robust and fuel higher economic growth this year amid the expected slowdown in the amount of money sent home by Filipinos abroad.

MANILA, Philippines — The Philippines further slipped this year as the sixth most unattractive to explorers of industrial and precious metals from being the world’s 14th least attractive place for global mining investments last year, according to an annual survey from a Canadian think tank.

MANILA, Philippines—Overseas Filipino workers (OFWs) in Hong Kong on Friday urged Manila to make it its official policy to issue to OFWs their overseas employment certificates (OEC) without requiring from them proof that they had paid their Overseas Workers Welfare Administration (Owwa) membership fees.

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MANILA, Philippines – The Commission on Elections (Comelec) said yesterday it will thoroughly screen the nominees of party-list organizations that will run in the 2013 midterm polls to flush out dubious groups.

INCREASING the number of holidays in the Philippines would make the country less competitive than its Southeast Asian neighbors and may turn away much-needed foreign investment, a labor official said Thursday.

ALTHOUGH external factors like high fuel prices, slow economic recovery in the United States and the European debt crisis contributed to the 3.7 percent Philippine gross domestic product growth (GDP) in 2011, it is the export sector, government underspending and higher food and fuel food prices that became a major drag to the decline in…

SENSING hesitation from the Department of Education (DepEd) on using the child’s first language or the child’s mother tongue in teaching, a lawmaker championing the Mother Tongue-Based Multilingual Education (MTBMLE) system has called on Sec. Armin Luistro to get rid of the old language of instruction and implement mother tongue-based teaching in the first 6…

THE number of unemployed Filipinos has increased, the latest Social Weather Stations (SWS) survey said on Thursday. The survey results, which were first published in BusinessWorld, showed that unemployment has jumped to 24 percent—or 9.7 million Filipinos—from the 20.2 percent recorded three months earlier, when another survey was conducted.

Expansion of the domestic economy is expected to rise in the first half of the year, a central bank official said citing results of the first quarter 2012 Business Expectations Survey (BES).

Whenever results of private surveys would come up with favorable statistics, Malacaang considers the data as reflective of the Aquino administrations commitment to help alleviate poverty in the country but not this time, not the Social Weather Station (SWS).

Members of the upper chamber have expressed their opposition to the new statement of assets, liabilities and net worth (SALN) format the Civil Service Commission (CSC) has required of them.

TUCP to Belarus President Lukashenko

In the 1950s, the Philippines was way ahead of its original ASEAN-5 counterparts — Malaysia, Indonesia, Thailand and Singapore. The Philippines then had the second highest per capita GDP in Asia. Today, all its ASEAN-5 neighbors have surpassed the Philippines; Singapore has assumed first-world status. The latter has been replaced by emerging Vietnam in the…

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TUCP to Pakistani PM Gillani

MANILA, Philippines – Labor Secretary Rosalinda Baldoz on Tuesday welcomed South Korea’s new law, which makes it easier for companies to re-hire foreign workers, saying this would benefit Filipino workers.

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MANILA, Philippines – A worker was killed while four others were injured when a tornado struck a construction site at the sanitary landfill in Rodriguez, Rizal last Sunday.