Monthly Archives: July 2014

IMF: Global recovery to accelerate in 2015

Published by rudy Date posted on July 6, 2014

AIX-EN-PROVENCE, France — Global economic activity should strengthen in the second half of this year and accelerate in 2015 although momentum could be weaker than expected, IMF chief Christine Lagarde said on Sunday, adding that the Fund did not expect a sharp slowdown in China.

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Tax-free graveyard shift, OT pay pushed

Published by rudy Date posted on July 6, 2014

MANILA – In a move seen to benefit the country’s one million call-center workers, House Deputy Majority Leader and Makati City Rep. Mar-Len Abigail Binay proposes that all night-shift differential and overtime pay be free from income taxes.

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Philippine authorities renew commitment to respect human rights

Published by rudy Date posted on July 6, 2014

PAGADIAN CITY (Mindanao Examiner / July 6, 2014) – Philippine authorities have renewed its commitment to respect and uphold human rights following a recent forum organized by Amnesty International in Pagadian City in the southern province of Zamboanga del Sur.

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PSE ranks among top 50 PHL companies in ACGS

Published by rudy Date posted on July 5, 2014

THE Philippine Stock Exchange Inc. (PSE) was included among the top 50 best performing publicly listed companies (PLCs) in the Philippines for the second straight year on the Asean (Association of Southeast Asian Countries) Corporate Governance Scorecard (ACGS) country reports and assessments 2013 and 2014.

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Bolivia congress allows child labor as young as 10

Published by rudy Date posted on July 4, 2014

LA PAZ — Bolivian lawmakers have approved child workers as young as 10 years old, under a new law that lays out specific conditions for employing children.

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Truck ban hurt growth in Q2

Published by rudy Date posted on July 4, 2014

The Manila truck ban and port congestion hurt economic growth in the second quarter and the government should resolve the issue soon to attain its minimum growth target of 6.5 percent this year, a business group said Thursday.

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Maids in the Philippines

Published by rudy Date posted on July 4, 2014

Reports of employment agencies advertising Filipino household helpers or maids in malls at discounts in Singapore are appalling. Such agencies have low regard for household workers and Singapore should severely punish those responsible for treating them as commodities.

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Philippine SC affirms legality of birth control law

Published by rudy Date posted on July 4, 2014

MANILA: The Philippine Supreme Court (SC) has affirmed the legality of the controversial reproductive health or birth control law as it rejected with finality the petitions of pro-life advocates to reconsider its decision.

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DOH EV calls the public with risky sexual behaviors to undergo HIV testing

Published by rudy Date posted on July 4, 2014

TACLOBAN CITY, Leyte, July 3 (PIA) — The Department of Health (DOH) in coordination with the Philippine National AIDS Council urged the public especially those engaged in risky sexual behaviors to undergo HIV testing at the nearest Regional Health Facility.

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China economic downturn: Phl to be least affected – Moody’s

Published by rudy Date posted on July 4, 2014

MANILA, Philippines – The Philippines should cope better than most its peers in the Association of Southeast Asian Nations (Asean) in case of a significant downturn in Chinese economic activity, Moody’s Investors Service said in a report.

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Economist slams chaos brought on by truck ban

Published by rudy Date posted on July 4, 2014

President Aquino should order the lifting of the truck ban in the City of Manila, which has contributed to the recent rise in consumer prices and has made it more expensive for businesses to operate in the country.

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Inflation slows; BSP to remain watchful

Published by rudy Date posted on July 4, 2014

INFLATION surprisingly eased in June but the central bank may continue to tweak its policy with food prices expected to continue climbing. Philippine Statistics Authority (PSA) data released on Friday showed consumer prices rising by 4.4% last month, slowing from 4.5% in May but accelerating from the 2.7% recorded a year earlier.

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Fishermen, farmers and children still the poorest disadvantaged sectors

Published by rudy Date posted on July 4, 2014

FISHERMEN, farmers and children remain the poorest of the basic — or disadvantaged — sectors of Philippine society, the state statistical office said on Friday. Using data from the Family Income and Expenditure Survey and Labor Force Survey, the Philippine Statistical Authority (PSA) said poverty among fishermen, farmers and children hit 39.2%, 38.3% and 35.2%,…

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Singapore downplays report on Filipino ‘budget’ maids

Published by rudy Date posted on July 3, 2014

The Philippines, however, suspends the accreditation of one of the two Singaporean companies allegedly offering Filipino maids like ‘commodities’ MANILA, Philippines – Singapore downplayed a report that two Singaporean agencies offered Filipino maids at “discounted” rates, like commodities, as the Philippines suspended the accreditation of one of these companies.

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SC justices list Aquino, Abad’s ‘culpabilities’ after DAP defeat

Published by rudy Date posted on July 3, 2014

SUPREME Court (SC) Senior Associate Justice Antonio T. Carpio on Thursday said President Aquino has made Congress “inutile” and a “surplusage” when it usurped its power of the purse to fund items not in the General Appropriations Act (GAA) under the so-called Disbursement Acceleration Program (DAP).

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Bill pushes higher graveyard shift pay for BPO employees

Published by rudy Date posted on July 3, 2014

The bill defines the graveyard shift as work between 10 p.m. and 6 a.m. A new bill at the House of Representatives plans to increase compensation for employees working the night shift in business process outsourcing (BPO) centers. Filed last May, House Bill 4414 seeks to repay BPO workers “for their exposure to health hazards…

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Why rising inequality is here to stay

Published by rudy Date posted on July 3, 2014

PARIS – The economic inequality seen in recent years will only get worse over the coming decades as highly skilled workers reap bigger gains from technological advances, the OECD said on Wednesday.

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OFW survival guide

Published by rudy Date posted on July 3, 2014

‘Displacing yourself will be one of the hardest things you will do in life, and there isn’t really a way to prepare for it.’ You just received your contract and are about to start your much-awaited OFW life. Or maybe you’ve been away for a few years and have had a taste of being the…

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Travails in the call center (last of 2 parts)

Published by rudy Date posted on July 3, 2014

(Last of two parts) This call center agent didn’t die, but the child in her womb did. She spoke to BusinessWorld on condition of anonymity to tell her story.

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PH suspends deployment of househelp to UAE over policy barring contract verification

Published by rudy Date posted on July 2, 2014

MANILA – The Philippines has decided to suspend the deployment of new hired household service workers (HSWs) to the United Arab Emirates, following the adoption of a new policy that bars foreign embassies from verifying the contracts of their nationals to guard against abuse.

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Outrage over marketing of domestic workers in Singapore mall

Published by rudy Date posted on July 2, 2014

The Philippines is investigating claims that domestic workers are being put on display in Singapore shopping malls. Philippine vice president Jejomar Binay says if the reports are correct, the practice violates international laws upholding the rights of migrant workers.

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Display of domestic workers is unacceptable

Published by rudy Date posted on July 1, 2014

The Ministry of Manpower (MOM) would like to respond to recent Filipino media reports, based on an online Al Jazeera story, about the treatment of Filipino foreign domestic workers (FDWs) while they are placed with employment agencies (EAs) in Singapore.

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SSS requires new forms for employers

Published by rudy Date posted on July 1, 2014

MANILA, Philippines – Starting today, the Social Security System (SSS) will no longer accept hardcopy or paper-based contribution collection lists (R-3) and loan collection lists (ML-2) from employers. Instead, employers must submit their R-3 and ML-2 in soft copy format saved in an electronic storage media, such as a USB flash stick or compact disc…

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Death of 8 workers trapped in fire should be wake-up call for PH—labor group

Published by rudy Date posted on July 1, 2014

MANILA, Philippines – It’s not the first time that workers were killed in a fire after being trapped in a padlocked building. And it might happen again if the government doesn’t move fast, a labor safety organization said.

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Month – Workers’ month

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