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…
Graphic showing the top producers of genetically modified crops. A study said on Monday, June 10, 2013, that more pest species are becoming resistant to the most popular type of genetically modified, insect-repellent crops, but not in areas where farmers follow expert advice.
MANILA, Philippines (Xinhua) – The unemployment rate in the Philippines rose to 7.5 percent in April as 600,000 farm workers lost their jobs owing to adverse weather conditions, according to data issued by the National Statistics Office (NSO) today.
MANILA, Philippines – About 7.2 million children benefitting from the government’s conditional cash transfer (CCT) program were among the 21 million preschoolers, elementary and high school students who trooped to public schools during the opening of classes last week.
The Supreme Court has dismissed the petitions of 23 other party-list groups and remanded back to the Commission on Elections (Comelec) the petitions of seven others earlier disqualified by the poll body.
Malacañang’s keeper of the purse once likened the Philippine education system to a frog in a kettle put to a boil. “The frog will not know it is dying until it is too late,” Florencio “Butch” Abad told me in 2007, two years after he left the Arroyo administration in a mass desertion of Cabinet…
Saying that the needs of women OFWs and of their families have often been “overlooked” in government programs, the head of the Commission of Filipinos Overseas has called for mainstreaming gender concerns in the national and local development plans.
MANILA, Philippines–About nine of 10 Filipinos are as concerned about energy prices and future energy demand as they are with employment and education, according to a survey commissioned by the Shell Companies in the Philippines.
All ageing bull markets eventually will “climb a wall of worry.” As stock prices keep rising, investors start to be anxious about whether the market has risen too high, too fast, and they start itching to hit the panic button. Who could blame them? Since hitting a market bottom in September 2011, the market had…
The Domestic Workers Act, or “Kasambahay Law,” took effect early this month, ushering a new era of greater protection for a sector that is often overlooked here and abroad.
ABU DHABI // Filipinas who plan to work in the UAE as domestic staff face a three-week wait to get an appointment for an orientation seminar in Manila, recruiters say.
FIFTY-TWO recruitment agencies maintained they are not collecting placement fee from Filipino household service workers bound for Hong Kong.
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Following a heartfelt complain by a former workmate about having heard this phrase, I could not help but write this in defense. Yes I am a Law graduate, and yes I have worked in the call center industry during my days thinking that this phrase meant that call center is as menial as they say…