MANILA, Philippines – More beneficiaries of overseas Filipino workers (OFWs) are shifting to investments and savings but at the same time are keen on undertaking major purchases such as the acquisition of houses and motor vehicles, a ranking official of the Bangko Sentral ng Pilipinas (BSP) said.
MINDANAO SUPPLY SHORTAGE SEEN SPREADING TO LUZON A bigger power crisis that will spread from Mindanao to Luzon is expected within two years if the Aquino administration continues to vacillate on the needed policies to meet rising power demand, Sen. Edgardo Angara yesterday said.
To the Business World Editor: May we clarify some points contained in the article titled “Leadership still an issue with TUCP’s two camps,” by Ms Aubrey E. Barrameda published on 01 April 2012:
In 1987, the late Energy Secretary Ronnie Velasco warned the Cory government of a severe power shortage as a consequence of the cancellation of the Bataan Nuclear Power Plant. Before he could explain why, a Cabinet official reeking with newly acquired “arrogance of power” told Velasco, on nationwide television, to “shut up” and just explain…
ONE OF the two opposing camps within the Trade Union Congress of the Philippines (TUCP) has rejected an international trade union organization’s recognition of the validity of the other TUCP faction led by former solon and TUCP General Secretary Ernesto F. Herrera.
MaluFernandezFifteen years ago my first article was about aging. The article poked fun at how you could tell someone’s age by the way they danced, wore their clothes and acted in public. At that time I was 29 years old. Now 15 years later, I’m still poking fun at people who are middle aged but…
THE blackouts in Mindanao had grown worse since President Benigno Aquino III came to power two years ago, lawmakers and the environmental group Greenpeace said Sunday.
The recent spate of power outages in Mindanao was artificially induced to justify the construction of more coal-fired power plants and other controversy-ridden projects in the region, environmental groups based in Mindanao said yesterday.
SATISFACTION with the performance of President Benigno S. C. Aquino III has dropped to “good” and a majority of Filipinos see him as serving the interests of the middle class, the Social Weather Stations (SWS) said in a new report.
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