MALOLOS CITY—The government is rushing a stimulus package to bail out threatened economy to save and create jobs in private companies, but the National Food Authority (NFA) will lay off 800 regular employees.

CLARK FREEPORT – The Housing and Urban Development Coordinating Council (HUDCC) has allocated P82 billion for a pro-poor “stimulus package,” mostly for housing projects.

16-year-old combatant was taken into custody by the provincial welfare and development office MAITUM, Sarangani: Pursuing soldiers captured a child warrior of the Moro Islamic Liberation Front who has been wounded in the recent firefight.

A couple of feng shui experts said that overall, they feel optimistic about the Year of the Ox, which starts today, despite the global economic crisis gripping the world and other looming challenges.

THE Board of Investments (BOI) said it would fast track the approval of the 2009 Investment Priorities Plan (IPP), adding it plans to provide incentives to firms that would generate or save jobs in spite of the global economic slowdown.

The Board of Investments is drawing the framework for the 2009 Investment Priorities Plan that will focus in generating new investments and saving jobs amid the harsh business environment.

“Di ba swerte yan sa Intsik?” Everyone wants to know what they should do to bring luck to their lives in the new year, which starts tomorrow.

Is your cubicle-strewn with piles of paperwork and littered with empty coffee cups, beverage cans and snack packs-often mistaken for a junk shop? Are you afraid to slip a hand inside your desk drawer because a family of rats has claimed it as their own cozy nest? Then it’s high time you spruced up your…

Buyers might not know a bad layout design when they first see it, but they will know if something doesn’t quite feel right about the house. Generally, that feeling is caused by a bad layout.

MANILA, Philippines—With so many Filipinos losing their jobs because of the slowing global economy, the government should reconsider using the money of the state-run pension funds for the P330-billion economic stimulus package.

Expanded student cash doles, power refunds sought MANILA, Philippines—Labor groups and economic experts are pressing the Arroyo administration to bail out workers displaced by the global economic crisis by expanding the government’s cash subsidy programs.

19th death in shipyard since 2006 CITY OF SAN FERNANDO, Philippines — A Korean foreman died at the shipyard of the Hanjin Heavy Industries and Construction Philippines in Subic, Zambales, after he was hit and run over by a forklift operated by a Filipino worker on Sunday.

PARIS (AFP) – The global financial crisis has sent a wave of rising unemployment across the world as vulnerable workers suffer from the downturn in economies interlinked by globalisation, experts say.

The Philippines has made it to this year’s “Guinness Book of World Records” for having the most number of recorded murders based on United Nations data in 2004, an election year.

Hundreds of people in the country are losing their jobs everyday as the global economy slows, Labor Secretary Marianito Roque said yesterday

Dangerous Drugs Board (DDB) chairman Vicente Sotto III slammed the Commission on Human Rights (CHR) and the National Union of Students of the Philippines (NUSP) for criticizing the agency’s plan to subject students nationwide to random drug tests.

WASHINGTON – Intel Corp., the world’s biggest maker of computer chips, will close its manufacturing plants in the Philippines and Malaysia, as well as its only remaining factory in Silicon Valley, cutting as many as 6,000 jobs, the California-based company said in a statement yesterday.

Toyota Motor Philippines Corp. (TMP), the country’s largest car manufacturer, announced yesterday that it recorded an all-time high sales of 45,915 units in 2008 despite the general slowdown in global consumer demand.

The economy may have grown at its slowest pace in seven years in 2008, dragged down by high inflation and the impact of the global economic downturn, the National Economic and Development Authority (NEDA) said yesterday.

Local industries are asking the government to encourage consumers to buy locally produced goods in order to help Filipino businessmen cope with the global recession.

The local recruitment industry urged the government yesterday to allow the peso to depreciate to a 55 per dollar rate to encourage the eight million Filipino workers abroad to send more money back home and boost the country’s economy.

BALANGA CITY – Two Bataan representatives have expressed support for the $1 billion rehabilitation of the mothballed Bataan Nuclear Plant Project (BNPP) in the coastal village of Morong town if the Korean firm undertaking an exhaustive feasibility study finds it safe to the residents and non-hazardous to the environment.

The state-run Government Service Insurance System said it is reviewing its planned $400-million foreign investment because of uncertainties in the international market.

Vice President and Presidential Adviser on overseas Filipino workers (OFWs) Noli de Castro said yesterday the Philippine government’s ban on the deployment of Filipino workers to Jordan, Afghanistan, Nigeria, Iraq and Lebanon stays.

UP TO 60,000 jobs could be lost in the country’s key electronics sector after Intel Corp. closed its plant in Cavite and Texas Instruments announced a number of layoffs, Labor Secretary Marianito Roque said yesterday.

Management prerogative means the right of the employer to regulate all aspects of employment, to discipline its employees and to impose appropriate penalties on erring workers pursuant to company rules and regulations, such as suspension from work or dismissal from service. This case is about suspension and dismissal.

Intel has formally announced the impending closure of its test-and-assembly facility in General Trias, Cavite to its employees yesterday, a source said.

Overseas Filipino workers (OFWs) have proven to be more popular than ever among foreign employers.

The bicameral conference committee of the Senate and the House of Representatives approved yesterday the P1.415-trillion national budget for this year, including P50 billion for the “economic stimulus package.”

Twenty foreign-assisted projects have incurred P33.5 billion in cost overruns, Sen. Francis Escudero said yesterday.