PHILIPPINE economic managers expect exports next year to slow down because of a strong peso and weakening demand from the country’s major markets. “Exports is one of the things that we are trying to review and try to see on how to fix it, because as you know the prospects of the currency is that…
THE New People’s Army (NPA), the armed wing of the Communist Party of the Philippines-National Democratic Front (CPP-NDF) remains the “most dangerous” organization waging an armed struggle against the government, according to the Armed Forces of the Philippines. Armed Forces spokesman Brig. Gen. Jose Mabanta Jr. made the admission on Sunday, which was coincidentally the…
DURING the Fifteenth Congress, 43 out of the 283 House members scored perfect attendance and only 21 bills were approved on third reading. The House of Representatives kicked off 2010 by dropping in February House Bill 3306, or the Right of Reply Bill, which seeks to penalize media outfits that will refuse to print, air…
MALACAÑANG on Sunday announced that the Department of Social Welfare and Development (DSWD) was successful in meeting its target to help at least 1 million Filipinos through its conditional cash transfer (CCT) program. “We are very glad that the DSWD has achieved its goal of reaching out to one million beneficiaries for 2010 under its…
REP. Edcel Lagman of the First District of Albay on Sunday criticized the president of the Catholic Bishops’ Conference of the Philippines (CBCP), saying that the history of Christianity is purportedly “engulfed” with terrorism and is not about reproductive health. Lagman, who authored one of the six reproductive health (RH) bills pending in Congress, made…
MANILA, Philippines – Smart Communications Inc. won an Excellence Award at Asia’s premier awards program on corporate social responsibility, the 9th Asian CSR Awards, for its holistic employee wellness program, “Live Smart: Healthy U, Wealthy U, Happy U.”
Fate of the alliance could now depend on a willingness to implement major reform PARIS: Eurozone leaders have mobilized money and rhetoric to fight a debt crisis, but the fate of the alliance could now depend on a willingness to transform speeches and stopgap measures into a deep policy overhaul.
CAIRO (Reuters) – The global economy can withstand an oil price of $100 a barrel, Kuwait’s oil minister said on Saturday, as other exporters indicated OPEC may decide against increasing output through 2011 as the market was well supplied.
MANILA, Philippines – Three years since Fuji Xerox Philippines completed its Gawad Kalinga Village in Taguig City in December 2007, the company continues in its pursuit to take corporate social responsibility to the next level through more sustainable and community development programs.
MANILA, Philippines – Investments in the country’s ecozones are expected to grow by 10 percent to P225 billion as more foreign electronics and manufacturing firms are seen to locate in the Philippines, the Philippine Economic Zone Authority (PEZA) reported.
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) was surprised with the strong capital inflows that continue to flood emerging market economies particularly the Philippines but is ready with its enhanced toolkit to prevent the build up of inflation pressures.
MANILA, Philippines – Two top international accounting firms are now under fire for their role in the financial meltdown that is up to now causing untold difficulties to economies and people everywhere. The last time a large accounting firm got into similar trouble was when Enron fell apart and Arthur Andersen, its accounting firm, subsequently…
MANILA, Philippines – The Philippine National Police Human Rights Affairs Office (HRAO) in Camp Crame launched the PNP human rights desk operations manual shortly before Christmas.
MANILA, Philippines -The year 2010 emerged as another difficult and challenging year for monetary authorities but the Philippines emerged victorious from the debt crisis that hit Europe after surviving the impact of the global financial crisis that started in the US just two years ago.
MANILA, Philippines – When Leila de Lima accepted President Aquino’s offer and assumed the top post of the Department of Justice (DOJ) in July, she vowed a return to what was right, just and true.
MANILA, Philippines – The Catholic Bishops’ Conference of the Philippines (CBCP) in 2010 focused its attention on two main advocacies — the May 10 national elections and the controversial Reproductive Health (RH) bill.
MANILA, Philippines – The Social Security System (SSS) will implement a loan condonation program next year that will allow members with delinquent loan amortization accounts to settle their obligation with the state-pension fund.
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MANILA, Philippines―Former president Macapagal-Arroyo has filed a bill seeking to amend the Overseas Absentee Voting Act to encourage more migrant Filipino workers to participate in the 2013 polls.
Dreaming of landing the job of your dreams in 2011? with only a few days to go before the end of the year, job seekers should take the time to list down their New Year’s Resolutions geared toward career development.
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MANILA, Philippines – The words of Finance Secretary Cesar Purisima captured the situation of the country’s fiscal sector when the Aquino administration stepped into office last June.
MANILA, Philippines – The Development Bank of Singapore (DBS) expects the Bangko Sentral ng Pilipinas (BSP) to cut its overnight borrowing rate by another 50 basis points (bps) today due to easing inflation in the country.
MANILA, Philippines – The Aquino administration expects private consumption to continue driving growth for 2011 on the back of the continued dollar inflows from overseas Filipino workers (OFWs).
CHRISTMAS MESSAGE MANILA, Philippines―With the impending passage of the reproductive health (RH) bill, “unpeace in the womb” is one of the most “glaring” threats Filipinos face this coming new year, the president of the influential Catholic Bishops Conference of the Philippines (CBCP) said Saturday.
BEIJING: China, already the banker to the United States and a major investor in emerging markets, is now positioning itself as the potential “white knight” saviour to debt-laden Europe, analysts say.
Three complications exist, however. First, when a bailout is required, it is clearly because something has gone terribly wrong. In Greece’s case, it was out-of-control government spending with no thought to the future; in essence, Athens took that black card and leapt straight into the economic abyss. In Ireland’s case, it was private-sector overindulgence, which…
MANILA, Philippines – The Philippines and the European Union (EU) have signed the 36-million euro (about P2.12 billion) second phase of the Health Sector Policy Support Program (HSPSP).
Europe is on the cusp of change. An EU heads-of-state summit Dec. 16 launched a process aimed to save the common European currency. If successful, this process would be the most significant step toward creating a singular European po-wer since the creation of the European Union itself in 1992—that is, if it doesn’t destroy the…
LEGAZPI CITY: The quest of the Philippine government and other developing countries to obtain climate funds is in the crossroad as the wealthy countries disregarded the plea of poor nations, Gov. Joey Salceda of Albay lamented. Salceda, who attended the concluded 16th Conference of Parties (COP-16) climate talks in Cancun Mexico told before the participants…