Monthly Archives: August 2012

Tagbilaran City, Bohol, July 20, 2011 – True to their promise for renewed joint collaboration, Japanese and Filipino unions are continuing to support nationally-identified issues and concerns in the Philippines. As a follow up to 2011’s programon decent work and green jobs, this year’s activity (third of its kind since the program was launched in…

True to their promise for renewed joint collaboration, Japanese and Filipino unions are continuing to support nationally-identified issues and concerns in the Philippines. As a follow up to 2011’s program on decent work and green jobs, this year’s activity (third of its kind since the program was launched in 2010) paid more attention to engaging…

Online plea rues ‘business as usual’ despite widespread calamity As one online litany put it, last week’s massive monsoon floods exposed a “sad truth” about an otherwise booming industry. Call center agents and other employees in the business process outsourcing (BPO) sector could not hide their dismay over the decision of some companies to keep…

UNITED NATIONS—UN Secretary-General Ban Ki-moon on Thursday announced the launch of a new independent global network of research centers, universities and technical institutions to help find solutions for some of the world’s most pressing environmental, social and economic problems.

The government said it is studying the creation of a single mining contract and other mineral industry reforms suggested by the International Monetary Fund.

Foreign direct investments rose 10.2 percent year-on-year in the first five months, despite the sharp drop recorded in May, the Bangko Sentral said Friday.

The House of Representatives has approved on third and final reading a bill expanding the rights and benefits of prospective witnesses to help the authorities prosecute criminals and strengthen the administration of justice.

It’s the same old political story. The Party-list system in the Philippines serves the interests of political personalities or political allies who are either no longer eligible to run for district seats ater serving some nine terms in the House of Representatives or are allies of both the opposition and the administration who, however, cannot…

BOKOD, Benguet, Philippines – Incessant prayers and offerings worked yesterday when rescuers dug out a 33-year-old small-scale miner trapped in a tunnel here for a week, authorities said.

LOS ANGELES—A lawsuit brought on by nearly 3,000 Filipino workers against Dole Food Company was dismissed on Thursday. The Los Angeles Superior Court dismissed with prejudice Macasa v. Dole, which 2,935 Philippine plaintiffs filed in 2011.

Cutting wages tends to increase competitiveness but can also hurt economic growth as it decreases domestic consumption, the International Labour Organization has warned.

Mount Diwalwal in Compostela Valley epitomizes what happens when the government allows the unhampered operations of so-called “small-scale mining” which in truth is controlled by big-time operators.

Philippine exports grew by only 4.2 percent in June after a double-digit rebound in May. The National Statistics Office (NSO) on Friday reported that exports for the month reached $4.31 billion, with electronics shipments dipping 14.6 percent to $1.89 billion.

Quezon City’s Environmental Protection and Waste Management Department (EPWMD) has deputized its personnel to make sure that no styrofoam and plastic bags are used as food containers at the QC Hall, Novaliches District Center, Quezon City General Hospital and Novaliches District Hospital.

MANILA, Philippines – With over 9 million registered Twitter users, the Philippines ranks 10th highest in worldwide ratings on the most number of users of the microblogging site.

LONDON – The world is depleting underground water reserves faster than they can be replenished due to over-exploitation, according to scientists in Canada and the Netherlands.

BEIJING – China’s industrial output and fixed-asset investment are expected to show signs of picking up in data on Thursday, indicating that the economy is starting to stabilize after sliding for six straight quarters.

PARIS – Traditionally Catholic Ireland has registered almost the steepest drop worldwide in people calling themselves religious in a new survey tracking international trends in faith and atheism in recent years.

EXTREME climatic events such as typhoons and floods will be more frequent and severe in the future and no country, including the Philippines, is immune from worsening and recurrent disasters, a United Nations official said.

MANILA, Philippines – The Philippines ranked 10th in the world in terms of the number of registered users of microblogging site Twitter, a study conducted by Paris-based social media monior Semiocast showed. Semiocast said the number of Twitter accounts have reached half a billion as of June 2012, with the US leading in terms of…

MANILA, Philippines – President Aquino is seeking P2.54 billion for the administration’s “family health and responsible parenting” program next year, Quezon Rep. Erin Tañada said yesterday. He said the funding is contained in the P2.006-trillion 2013 national budget the President sent to Congress on July 24, a day after his State of the Nation Address.

MANILA, Philippines – Call center agents and other workers who reported for work despite the heavy rains and massive flooding last Tuesday would get extra pay. Labor Secretary Rosalinda Baldoz said the law provides extra pay for workers who were required to render services in times of calamities.

Only local governments that have been conferred the Seal of Good Housekeeping (SGH) will be allowed to secure a loan from banks and other financial institutions, Secretary Jesse Robredo of the Department of the Interior and Local Government (DILG) declared. Robredo said the Bureau of Local Government Finance (BLGF) has issued a circular that listed…

The government’s inability to look after Mindanao, a vote-rich island visited by politicians only during election campaigns, is home to the country’s poorest provinces, disclosed the National Statistical Coordination Board (NSCB) which said the 10 richest local government units (LGUs) are situated close to the seat of power.

International Youth Day – marked on August 12 – sets the spotlight on the pressing challenges faced by young people. ILO News looks at practices that can help turn around the dramatic youth employment situation. GENEVA (ILO News) – Promoting youth employment has become a top priority for many governments at a time when 75…

MANILA, Philippines – Philippine banks are among the healthiest in the Asia-Pacific region due to their large deposit base and healthy lending practices that allowed them to manage credit in the system, debt watcher Fitch Ratings said in a report released yesterday.

KAMPALA — New discoveries of natural resources in several African countries — including Ghana, Uganda, Tanzania, and Mozambique — raise an important question: Will these windfalls be a blessing that brings prosperity and hope, or a political and economic curse, as has been the case in so many countries?

FIRST there was the Goldman Sachs (GS) paper, circa 2005, that included the Philippines among the so-called Next Eleven (N-11), referring to the 11 countries that had a high potential, together with the BRIC (Brazil, Russia, India, China), to give the G7 (US, UK, France, Germany, Italy, Japan, Canada) a run for their money, in…

LONDON/OSLO — Green economic growth rather than strict targets for cutting greenhouse gases needs higher priority if the world is to reach a deal to fight climate change by a 2015 deadline.

HONG KONG — Asia has been a ray of sunshine in the global economic gloom, but a confidence survey released Wednesday shows the region’s executives are starting to worry as China’s growth slows and exports sink.