The peso closed at its strongest level in five months Friday, tracking the appreciation of regional currencies against the US dollar, on evidence that foreign capital continued to flow into emerging markets.

Retrenchment rightly applies if individual companies are suffering from financial losses, but not when it becomes pandemic. In which case, the economy is experiencing a recession. Moreover, the term is more of a euphemism than a candid admission that the employee will be terminated from the service, and the valid reason given by the Labor…

ROSALES, Pangasinan—President Benigno Aquino III on Friday said there was no need to increase private employees’ premium payments to the Social Security System, saying its funds were safe.

CONSUMERS may have to brace for another round of oil price increases this week, which could bring the price of gasoline close to P60 a liter in Metro Manila after world oil prices soared above $111 a barrel on Friday.

MANILA, Philippines – More Filipinos experienced “involuntary” hunger and considered themselves poor in the past three months, a Social Weather Stations (SWS) survey revealed yesterday.

A March 4 to 7 poll conducted by the Social Weather Stations (SWS) on self-rated poverty and hunger found a sharp rise in number under President Aquino’s administration, with 51 percent of the respondents saying they feel poor and 20.5 percent, composed of 4.1 million Filipino familes going hungry

The United Nations yesterday said it has so far registered 600 child soldiers, some as young as eight, fighting for armed groups in the Philippines and expected the final number to be in the thousands.

THE Associated Labor Union-Trade Union Congress of the Philippines (ALU-TUCP) is set to file a petition for another round of wage increase in Northern Mindanao before the Regional Tripartite Wages and Productivity Board (RTWPB).

10 Frequently Asked Questions 10 Are magnitude and intensity of an earthquake the same? They are not. Magnitude is a measure of the energy that is released during an earthquake, while intensity is a description of the variable shaking that is experienced in different areas.

MANILA, Philippines – Cases of domestic violence against women and their children saw an increase of 91% in 2010 compared to 2009 figures, according to the 2010 Annual Human Rights Report.

MANILA, Philippines – The number of overseas Filipino workers (OFWs) who bring billions worth of remittances to the country every year may dwindle in the years to come because of the increasing threat from AIDS and Human Immunodeficiency Virus or the HIV virus, a lawmaker warned on Saturday.

MANILA, Philippines-About 600,000 fish workers in the Philippines who work in commercial fishing vessels and aquaculture farms are not covered by Manila’s minimum wage. Worse, majority of them get very low wages for an average of 20 hours of work a day.

The government has made public-private partnership a cornerstone of its economic growth platform. And rightly so. After a decade of underspending on infrastructure (an annual spending of between 2 percent and 3 percent of GDP versus the Asian average of 5 percent to 6 percent) the Philippines is way behind everyone else.

The business process outsourcing (BPO) industry boom continued last year as the Business Processing Association of the Philippines (BPAP) and its partner associations, together with the Contact Center Association of the Philippines (CCAP), reported a 26 percent growth in the sector last year with new investments of $8.9 billion.

The measures being taken by President Aquino to address rising prices have short-term effects and may even encourage corrupt practices, according to noted economist University of the Philippines (UP) professor Benjamin Diokno.

ABU DHABI // The Philippines government should recognise the economic value of household workers and reject measures that prevent them seeking work overseas, a recruitment specialist and former migrant worker in Saudi Arabia said.

8 April 2011 – The United Nations envoy for children and armed conflict and a political movement in the Philippines today agreed to develop an action plan to ensure that no children are among the ranks of the military group known as the New People’s Army (NPA), or are involved in the armed conflict.

MANILA, April 6 (Xinhua) — The Philippines has partnered with the international community to address the growing need for under- aged laborers in child labor intensive “industries,” the government said Wednesday.

MANILA, Philippines — Malacañang said yesterday that college students who are seeking on-the-job training (OJT) in government offices this summer vacation may avail of the internship programs in the Executive Branch that will help gain the youth an experience of working in the government.

SAN FERNANDO, Pampanga, Philippines – The Department of Environment and Natural Resources (DENR) in Central Luzon is in a quandary on where to dump hospital devices and other wastes such as busted fluorescent lights containing mercury.

MANILA, Philippines – Seventy-five Filipinos die of tuberculosis (TB) every day, making the disease still the number one threat to human health in the country, the Philippine Business for Social Progress (PBSP) said.

MANILA, Philippines – The Millennium Challenge Corp. (MCC) of the United States has noted the country’s progress in mobilizing the $434-million grant aimed at reducing poverty in the Philippines.

MANILA, Philippines – The Department of Trade and Industry (DTI) said yesterday there is a need to increase the minimum wage to help workers but said it should not be P125 per day.

MANILA, Philippines – An abusive employer is facing criminal charges after his two housemaids narrated their ordeal to media and the police yesterday in Caloocan City.

This article on the Government Service Insurance System (GSIS) is dedicated to all the ordinary rank and file workers of the government who, for the last many years, have been deprived of a socially equitable (more from the rich than from the poor) and redistributive (more to the poor than to the rich) social security…

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

The effect of corruption and political succession were listed among 50 potential risks facing the smooth implementation of the public-private partnership (PPP) projects, which the Aquino administration identified as a cornerstone of its economic development program, a prominent think tank said in a recent report.

With his survey ratings fast declining, President Aquino yesterday launched a major offensive to earn brownie points through a directive to his economic team to study populist measures such as a wage increase for private sector employees, a reduction of value added tax (VAT) on oil, and the imposition of price controls on basic commodities…

The official Communist Party-controlled trade union in Beijing has scored a coup in its collective bargaining campaign against foreign-invested enterprises, according to reports from Chinese state media.