Monthly Archives: January 2013

TAGUM CITY – Communist rebels on Friday raided a banana plantation owned by a multinational firm in Tago, Surigao del Sur, hacking down at least 15,000 full-grown trees and firing at several pieces of heavy equipment parked along a roadside, police on Sunday said.

Filipino workers and other foreigners in Canada will find a new hiring system in place effective in May, according to the Department of Labor and Employment.

THE COUNTRY’S growth potentials have improved given an expansion of productive capacity and better inflation expectations, a Bangko Sentral ng Pilipinas (BSP) official said.

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A controversial birth control law came into effect in the Philippines Thursday after more than a decade of bitter opposition from the Catholic church, in an historic move welcomed by many women.

NEW YORK — A country’s economic success depends on the education, skills, and health of its population. When its young people are healthy and well educated, they can find gainful employment, achieve dignity, and succeed in adjusting to the fluctuations of the global labor market. Businesses invest more, knowing that their workers will be productive.…

The Department of Labor and Employment (DoLE) reported that the number of collective bargaining agreements (CBAs) concluded at the plant level continues to rise and cited the industrial peace the country enjoys at present.

The effectiveness of President Aquino’s costly and at the same time controversial conditional cash transfer (CCT) program was again in the limelight after a Social Weather Stations (SWS) survey showed a marked increased in self-rated poverty, prompting the Palace to counter that the CCT is working since the hunger incidence in the same survey was…

New Investment flow to the Philippines for this year will be driven by the prevailing low borrowing cost environment, and cross-border merger and acquisitions, according to the market outlook of online brokerage firm 2TradeAsia.com.

Dear PAO, I have been working in this beverage company since 2010 under one-year contract and was renewed yearly up until this year. It is stated in one of the provisions of the contract that I’m not entitled to any benefits and privileges that regular employees get. I’m wondering if I can get a 13th…

A total of 52.8 million voters registered for this year’s mid-term polls, including those who joined the list-up overseas. The number rose by 2.03 million from 50.85 million in the 2010 polls.

WASHINGTON — Developing countries, led by China, will remain the main engines of global economic growth in 2013 as Europe and the United States plod along, the World Bank said in a report released Tuesday.

MANILA, Philippines – The peso surged to its fourth record performance this year, closing yesterday at its best in nearly five years on the back of strong positive sentiment to the local economy and as the central bank reiterated its exchange rate policy.

There are various explanations for the current stock market boom in the country. Certainly, the fundamental reasons are on account of better macroeconomic conditions. The country’s fiscal, monetary and balance of payments positions have improved and these developments have been sustained over a prolonged period.

Dear PAO, I recently found out that I have a condition, which requires the removal of both of my ovaries. My doctor advised me to take several weeks off from my job to recuperate.

MANILA, Philippines — Despite an upsurge in HIV-AIDS cases in the country, doctors who have joined the battle against the dreaded sexually transmitted disease are not recommending passage of a law that would penalize carriers for infecting other people.

Global Economic Prospects—January 2013: Assuring growth over the medium term Press Releases WB urges developing countries to safeguard economic growth, as road ahead remains bumpy January 15, 2013 – Four years after the onset of the global financial crisis, the worst appears to be over. However, the global economy remains fragile, as high-income countries continue…

Intensified investments in basic education are crucial in developing the capacities young Filipino workers, the National Economic and Development Authority (NEDA) said over the weekend.

MANILA – The National Statistical Coordination Board (NSCB) says there’s plenty of jobs available for new college graduates. The only problem is, do they want the jobs – or vice versa?

ABU DHABI, United Arab Emirates – The International Renewable Energy Agency (IRENA) launched the world’s first atlas on clean energy which will offer open-access information on countries’ renewable energy potential.

President Aquino has signed into law in the past two years 150 local bills that created 42 new high schools, two elementary schools, five congressional districts, and five component cities, House of Representatives Speaker Feliciano Belmonte said on Sunday.

FRANKFURT, Germany (AP) — European Central Bank President Mario Draghi says the euro area’s struggling economy is showing early signs of improvement and should grow modestly by the end of 2013 but it is not out of the danger zone yet as it struggles with recession and too much debt.

HUNGER MAY HAVE HIT fewer Filipino families as 2012 drew to a close but more consider themselves mahirap, the Social Weather Stations (SWS) said in a new report. The Hunger Games lead fan favorites at People’s Choice awardsFewer families go hungryHunger up among familiesHunger Games success ‘mind-blowing’ for HutchersonHunger Games trilogy grows to four, as…

If the Electric Power Industry Reform Act (EPIRA) or RA 9136 of 2001 had found it difficult to straighten out the power industry’s complex problems to help the Filipino consumer through lower prices and stable electricity supply, the Downstream Oil Industry Deregulation Act of 1998 seems to be getting somewhere.

Country remains in ‘mostly unfree’ category The government’s anti-corruption efforts helped push the Philippines’ global ranking in terms of economic freedom by 10 notches to 97th among 177 countries and territories.

CITY OF SAN FERNANDO, Pampanga – The Department of Labor and Employment (DOLE) here will grant special incentives to “child labor-free establishments” in the region, it was announced Monday.

The government has committed to invest heavily in developing the skills of the country’s youth population beginning with basic education, as the prevailing jobs-skills mismatch in the Philippines continues to be a major obstacle in attaining the Aquino administration’s quest for inclusive growth.

Dear PAO, What benefits may the family of a deceased SSS member get? Espy Dear Espy, The Social Security System (SSS) was enacted primarily with the end of promoting social justice and providing protection to its members and their beneficiaries against the hazards of disability, sickness, maternity, old age, death and other contingencies resulting in…

Dear PAO, I am a regular employee but my employer does not give us service incentive leave. What shall we do? Jun Dear Jun, Service incentive leave is a five-day leave with pay granted yearly to every employee who has rendered at least one year of service (Article 95, Labor Code of the Philippines). It…

The House opposition bloc on Saturday demanded a review of the government’s dole program, called conditional cash transfer (CCT), because it has been ineffective in uplifting the lives of the poorest of the poor.