Monthly Archives: June 2013

THE PHILIPPINES will be able to withstand the turbulence in financial markets even as sell-offs look likely to continue in the short term, observers said. “Fitch Ratings thinks the Philippines is relatively well-placed among emerging market peers to absorb current market volatility…,” Fitch Asia-Pacific Sovereign Ratings head Andrew Colquhoun said.

MANILA, Philippines – Let’s stop this foolishness coming from nasty debt collectors once and for all. One, nobody inherits debts, only assets. So please don’t collect from people who are trying to grieve. You need to wait for your turn to get paid from the estate left by those who passed away.

DOHA: There is no ban on Filipina household service workers (HSW) and Qatar is still hiring them, the Ambassador Crescent R Relacion clarified yesterday.

The International Labor Organization, Southeast Asia Tobacco Control Alliance and local NGOs want the government and industry to put a stop to child labor.

MANILA, Philippines – Six out of 10 or 62 percent of graduates from technical vocational education and training courses secure a job within the first six months to one year after their graduation, the Technical Education and Skills Development Authority (TESDA) said on Friday.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

CONSUMER CONFIDENCE hit an all-time high in the second quarter, laying the groundwork for the economy to maintain its upward trajectory, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

It used to be that flags were flown in houses and cars for Independence Day. No longer. There were hardly any flag sellers at street corners. I wonder why. Is it because the government did not publicize the program and preparations?

MANILA, Philippines – The Philippine economy is fast improving. But why is unemployment worsening? According to National Economic and Development Authority assistant director-general Rosemarie Edillon, the hot weather that consequently resulted in the drop in farm sector jobs had something to do with the 7.5-percent unemployment rate last April.

CAGAYAN DE ORO CITY, Philippines — The country remains among the “least peaceful” in the world and the Asia Pacific, improving only slightly in its global ranking, a survey by a non-profit research organization showed.

MANILA, Philippines – Policy rates were kept steady on Thursday by the Bangko Sentral ng Pilipinas (BSP) which said the economy remains in good footing despite the recent slump in the financial markets that highlighted funds leaving emerging markets.

MANILA – The governor of the Philippine central bank said on Thursday that inflation expectations were well anchored and that it would monitor foreign exchange markets to ensure price moves were not excessive.

MANILA – (UPDATED 5:18 p.m.) For only the second time in his eight years at the helm of the Bangko Sentral ng Pilipinas, Governor Amando M. Tetangco Jr. came out to calm the financial markets on Thursday, as the peso slumped and the Philippine Stock Exchange posted its single largest decline since the global financial…

WASHINGTON – The World Bank said eventual monetary tightening in advanced economies could crimp growth in emerging markets as interest rates rise, lowering the nations’ potential output by as much as 12 percent.

WB says developing nations face risk of overheating The global economy is now poised to recover from a crippling crisis that started in 2008, with the Philippines and other developing countries driving expansion, according to a report from the World Bank.

DUMAGUETE CITY, June 13 (PIA) — Education is still the best way to combat child labor. This was emphasized during the celebration of 2013 World Day Against Child Labor, held June 12 at the Robinson’s Dumaguete.

MANILA, Philippines —Too many jobs, but too few qualified applicants. There were more than 65,000 job vacancies but there were only around 2,500 jobseekers who participated in the day-long job fair that was among the highlights of the country’s 115th Independence Day celebration in Manila on Wednesday.

MANILA, Philippines – Over 10 million young children worldwide work as domestic workers, the International Labor Organization (ILO) said yesterday.

UNITED NATIONS – The world’s population will hit 7.2 billion next month and is projected to reach 10.9 billion by 2100, powered by births in poor countries, the United Nations said Thursday, June 13.

World Day Against Child Labour 2013 To mark World Day Against Child Labour, the ILO publishes a report outlining the abuses suffered by millions of children working in family homes.

Analysis PRINCETON — In a provocative recent paper, Robert Gordon of Northwestern University concludes that the rate of technological progress has slowed sharply, and that the rise in standards of living (at least in the world’s rich countries) is thus set to decelerate. In the 20th century, he says, per capita income in the United…

MANILA, Philippines – Joblessness rose to a three-year high in April amid record economic growth as new graduates flooded the job market while unfavorable weather conditions stymied hiring in the agricultural sector, officials said yesterday.

Speaker Feliciano Belmonte Jr. is seeking “vigorous and sustainable reforms” in the maritime industry for the Philippines to pass the European Union safety audit in October and be able to save the jobs of Filipino seafarers boarding European Union-flagged commercial vessels.

12th June – To mark the 2013 International Day Against Child Labour, humanitarian agency World Vision is calling for governments, civil society and businesses to take rigorous and urgent action within their countries and regionally – to end child labour which has entrapped millions of children across Asia Pacific.

TAGUM CITY—A miner died and another was rescued when portion of a tunnel collapsed in a gold-rich village in Pantukan, Compostela Valley, on Monday, authorities on Tuesday said.

The World Bank said that the Philippines need to create 14.4 million good jobs- jobs that raise real wages and bring people out of poverty- until 2016.

BUTUAN CITY – The Department of Health expects the number of Filipinos with Human Immunodeficiency Virus Infection (HIV) to increase further this year, unless sexual practices of those most vulnerable to the disease are corrected.

by Wafa Issa, June 11, 2013 DUBAI // A housemaid died after being locked in a room where she was beaten and starved for almost two months, a court heard yesterday. Prosecutors told the Criminal Court that the incident leading to the death of Khadija Kamel was just one of a list of abuses against…