GUARDED OPTIMISM: The Bangko Sentral ng Pilipinas enters 2012 with guarded optimism even while other countries grapple with their own economic difficulties.
Scanning the global environment and its linkages to the Philippine economy, BSP Vice Gov. Cyd Tuano-Amador (Monetary Policy Sub-Sector) said that while we are not immune to global headwinds, we are “well-insulated.”
Briefing officers of the Capampangan in Media Inc. (CAMI) days ago, Dr. Amador recalled that a barrage of shocks hit the global economy in 2011. She mentioned the weak recovery/sub-par growth of United States, the European sovereign debt worries and banking system fragilities.
There was also the devastating earthquake and tsunami in Japan (which had immediate and direct impact on Philippine industries) and the violent unrest in some oil-producing countries spiking the price of petroleum products. –Federico Pascual, Philippine Star
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against
Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
