BUSINESS executives and the academe are urging companies to practice sustainable corporate social responsibility that will create shared value for the broader community amid global protests against financial inequality and corporate greed.

MANILA, Philippines – The government sold P9 billion worth of Treasury bills yesterday as the bids received by the Bureau of the Treasury (BTR) exceeded the programmed debt sale for all three tenors.

Mining is on the verge of boom. Close to $1 billion was invested in the industry last year. And the Chamber of Mines expects $14-$20 billion in the next five years. Chamber president Philip Romualdez gave such rosy figures last week to the Philippine Business Conference. He warned though that, “There is a concerted effort…

TAYTAY, Rizal: Police have issued a warning to the public against a syndicate whom they said are abducting children in preparation for Christmas to be used as beggars, after they recovered two minors earlier reported missing.

THE satisfaction ratings of President Benigno Aquino 3rd have rebounded, the latest Social Weather Stations (SWS) survey revealed on Tuesday.

THE Supreme Court (SC) has stopped the Bureau of Internal Revenue (BIR) from implementing a 20-percent final withholding tax (FWT) on P35-billion worth of Poverty Eradication and Alleviation Certificates (PEACe) bonds that matured on Tuesday.

The Armed Forces of the Philippines (AFP) yesterday assured the public that the planned employment of special Cafgus within mining sites in Surigao del Norte, which lost more than P2 billion in properties during an attack staged by the New People’s Army (NPA) early this month, will not lead to more human rights violations.

The government seems to have missed a golden opportunity to reclaim its ability to influence local prices of oil products after President Aquino turned down yesterday an offer from Petron Corp., now majority owned by conglomerate San Miguel Corp., to sell back to the state the refinery operations of the oil firm.

While debates raged yesterday over the Bureau of Internal Revenue’s (BIR) belated decision to slap a 20 percent tax on the controversial Poverty Eradication and Alleviation Certificate (PEACe) bonds that matured yesterday needing the government to shell out P35 billion to pay for the P10 billion borrowings 10 years ago, the architect of the so-called…

Flag-carrier Philippine Airlines (PAL) is considering filing economic sabotage charges against its former employees who staged a wildcat strike last Sept. 27 that paralyzed the airline’s operations at the height of Typhoon “Pedring.”

A close vote by the Supreme Court (SC) has upheld the constitutionality of Republic Act 10153 for the synchronization of the Autonomous Region in Muslim Mindanao (ARMM) elections with the national and local elections in 2013.

Representatives from the Supreme Court on Tuesday failed to show up at a congressional hearing regarding its controversial decision to recall its final ruling on a case filed against flag carrier Philippine Airlines (PAL).

Pregnancy is certainly a roller coaster of emotions for mums-to-be, but sadly, the journey from conception to birth ends all-too soon for some. Approximately 15 percent of recognized pregnancies end in miscarriage in the United States, and another 1 percent end in stillbirth. So how do these grieving individuals cope?

The DBS Group has lowered its 2011 growth forecast for the Philippines to 4.6 percent from 4.8 percent, mainly due to the downtrend in export earnings amid dampened global demand for electronics.

Country seen with resources to post faster growth The Asian Development Bank said the Philippines should aspire to post an economic growth of 7 to 8 percent a year, stressing that the country has the resources needed to achieve the goal.

Foreign direct investments (FDIs) are coming in trickles that it would take years for the Aquino government to fill the bucket unless it would aggressively improve infrastructure, simplify steps of doing business and reduce corruption.

Eight banks have asked the Supreme Court to stop the government from imposing and collecting a 20-percent final withholding tax on P35 billion worth of PEACe Bonds due today.

Groups supporting armed struggle against the government are barred from joining the National Anti-Poverty Commission.

THE Philippine Economic Zone Administration was blamed by the Occupational Safety and Health Center for being overprotective of foreign firms at Subic Freeport and not allowing safety inspections that could had prevented the accident that led to the death of six steel workers hired by Keppel Shipyard.

AT least 64 minors have been confirmed to be working in small-scale mining projects in the gold rush town of T’boli, South Cotabato, Department of Labor and Employment (DOLE) officials said.

BUTUAN CITY, Philippines – Good news! After series of public consultations and hearings, the Regional Tripartite Wages and Productivity Board (RTWPB) in Caraga region has finally approved a P15 wage increase, this was disclosed Tuesday.

Dear PAO, The jewelry store where I was working was robbed during my shift. Now, the storeowner is deducting from our salaries the value of the items robbed. Our employer is also deducting from our salary a cash bond. Are these legal? HR

NIOSH research shows that workers at call and dispatch centers may face several hazards, including acoustic trauma from a sudden spike in noise levels and background noise from an incoming call.

MANILA, Philippines – The International Monetary Fund (IMF) yesterday urged the Aquino administration to spend more, attract higher investments, and widen its tax revenue base to survive the turbulence in regional financial markets over the last two months brought about by fragile economic growth in the US and the debt crisis in Europe.

MANILA, Philippines – President Aquino has returned to the basic sectors the power to nominate their representatives to the National Anti-Poverty Commission (NAPC) to “ensure autonomy and responsibility” on their part.

MONEY sent home by Filipinos working abroad remain robust, growing by double-digits for the time this year despite lingering global uncertainties, the Bangko Sentral ng Pilipinas said on Monday.

MAJOR oil players dared their competitors to also open their books for public scrutiny a day after offering their financial records to the government.

Govt wants P5 billion as certificates mature today THIS is one anniversary that parties to issuance of controversial bonds ten years ago would rather not offer a toast to, even the buyers of the certificates who made a windfall from the purchase.

Zambales Rep. Ma. Milagros “Mitos” Magsaysay is calling on the government to take more aggressive action toward the rising number of unemployed nurses in the country following the drop in the demand for health care professionals overseas.