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Empowering the Filipino People MANILA, Philippines – We cannot overemphasize the importance of good governance and good government in defeating mass poverty – particularly now that financial crises, as in mid-1997, have dampened optimistic expectations about globalization and growth in the face of economic recession, calamities/ climate change, and violent uprisings in the Middle East…

Asia Pacific CEOs confidence spread across all countries within the region according to PwC’s 14th Annual Global CEO Survey. CEOs in India (88%), China (72%) and ASEAN (60%) were standouts about near term growth. However, Japan was the least confident (25%). Globally, chief executives in Western Europe were not as optimistic as their Asian counterparts,…

EMBOLDENED by the 33-percent rise in net income the past year, chairman Jaime Augusto Zobel de Ayala III, his brother Fernando and the rest of the board of the Bank of the Philippine Islands are seeking stockholders’ approval to please grant them higher bonuses.

RISING global fuel prices resulting from unrest in Northern Africa and the Middle East are jacking up the costs of local electronics exporters, according to the Semiconductor and Electronics Industries in the Philippines Inc. (SEIPI).

THE Education department (DepEd) said on Friday that all current programs being implemented by the department are now being studied in preparation for the upcoming roll out of the Enhanced K+12 program.

A LAWMAKER has warned government agencies against blacklisting or committing any highly discriminatory acts against persons who are infected with or suspected to be infected with Human Immunodeficiency Virus (HIV) or Acquired Immune Deficiency Syndrome AIDS.

MANILA, Philippines –  Semiconductor and Electronics Industries in the Philippines Inc (SEIPI) reported yesterday that the industry attracted $2.318 billion or P102.5 billion worth of investments in 2010.

HIV/AIDS cases in the country has increased by more than 100 a month for the past 14 months, prompting the Department of Health (DOH) to reiterate its call against complacency towards the disease.

DAVAO City, Philippines (Xinhua) – Five miners buried by a landslide in a mining village in the south Philippines yesterday have been rescued, but one is still missing, police and officials said today.

SINGAPORE (via PLDT) – Contrary to public perception, Filipino professionals and highly skilled workers outnumber domestic helpers in Singapore.

TOKYO (Kyodo) — The Philippines is least-preferred by Japanese firms for their expansion plans in Southeast Asia and they cite inadequate infrastructure as the main risk doing business in the country, a recent Japan External Trade Organization survey shows. The Philippines lags Thailand, Singapore, Malaysia, Indonesia and Vietnam as the choice of Japanese firms in…

Chief Justice Renato Corona yesterday warned detractors of the Supreme (SC) who he referred to as “politicians forcing the justices to play their game,” that they are subverting the democratic process.

THE Department of Trade and Industry (DTI) on Thursday appealed to the public to refrain from panic-buying, as it assured that there is a stable supply of commodities despite escalating global and domestic prices.

SC critics abhor legal decisions – Chief Justice SUPREME Court Chief Justice Renato Corona on Thursday said that “politicians” are endangering democracy in the country by practically coercing the High Tribunal to render political, not legal, decisions.

I attended the first Senate committee hearing on Charter change a couple of weeks ago. It was interesting in that each of the speakers, who were experts on the Constitution, focused on a change in the political system—with a strong bias to going parliamentary. The economic sections were dismissed out of hand; changes there are…

THE Philippine Airlines Employees’ Association (Palea) wants the Department of Labor and Employment (DOLE) to order the management of Philippine Airlines (PAL) to start negotiations for a collective bargaining agreement (CBA).

Vice President Jejomar Binay has expressed the need to review the government’s contingency plans for overseas Filipino workers amid increasing tensions in the Middle East and North Africa.

FILIPINO homes are generally safe from earthquakes as long as they follow the prescribed guidelines of the National Building Code, the Philippine Institute of Volcanology and Seismology (Phivolcs) said Thursday.

PHILIPPINE CORPORATE salaries are expected to increase by an estimated 7% this year on the back of a slow but steady economic growth, an international human capital consulting firm said.

FIRST Metro Investment Corp. (FMIC) and University of Asia and the Pacific (FMIC-UA&P) said remittances will pick up in the near term, before slowing down toward the second half in view of the conflict in the Middle East-North Africa area.

THE SECOND HALF of the year is seen to be a better period for investors of the emerging markets as geopolitical risks are expected to abate by then, ING Bank officials yesterday said.

MANILA, Philippines – Among the female workers who comprise 60% of Overseas Filipino Workers (OFWs), the majority are household service workers or domestic workers. Unfortunately, however, domestic work is hardly recognized even in the laws and standards of international labor organizations. As anthropologist Dr. Nanette Dungo wrote in a recent paper for a workshop on…

A US-based intellectual property alliance is pushing for inclusion of the Philippines in the US Trade Representative’s (USTR) priority watch list of piracy dens.

CEBU, Philippines – Cebu Archbishop Jose Palma clarified that the Church is not “insensitive to the needs of the poor and the plight of women” as allegedly shown in their strong opposition to the passage of the Reproductive Health Bill in congress as implied by some pro-Reproductive Health Bill advocates.

Four Filipinos made it to the latest Forbes billionaire list, which has ballooned to a record 1,210 personalities in the wake of the global economic recovery.

MANILA, Philippines –  Foreign direct investment (FDI) inflows surged by 156 percent in December last year as more and more investors find the Philippines attractive due to its solid macroeconomic fundamentals and brighter economic growth prospects, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

MANILA, Philippines –  The Board of Investments (BOI) is looking at attracting $1.5 billion worth of foreign direct investments (FDI) from the Middle East and Europe this year.

MANILA, Philippines –  The country’s merchandise exports rose 11.8 percent to $4 billion in January from $3.579 billion in the same period last year, the National Statistics Office (NSO) reported yesterday.

The Philippine Overseas Employment Administration (POEA) on Thursday said it is lifting the country’s deployment ban in Bahrain where people have been staging anti-government protests since mid-February.