Taxpayers are shouldering the subsidy of the daily 150,000 “ghost riders” of Metro Rail Transit 3 (MRT-3) for the past few years, a senator yesterday revealed.

Members of the House of Representatives yesterday expressed disappointment over the Transparency International (TI) report even as they pushed the creation of a permanent congressional oversight committee that would monitor major regulatory agencies of the government.

The total number of Filipino sailors taken hostage by ransom-seeking pirates off Somalia has climbed to 110. Just last week, pirates seized 30 Filipino seamen in two separate hijacking incidents on Oct. 23 and 30. Those ships seized were the Singaporean oil tanker MV York with 14 Filipinos on board and the Liberian vessel, MV…

To whip state firms into efficiency, a legislator has proposed that government-owned and -controlled corporations (GOCCs) and financial institutions to periodically give to the public what is equivalent to the requirement of the bourse on listed firms, which is adequate disclosure of their financial conditions.

Four senators have expressed reservations over the Comprehensive Motor Vehicle Development Program’s (CMVDP) provision on used-vehicle importation, government and industry sources said recently. The highly placed sources said that the offices of Senate President Juan Ponce Enrile and Senators Francis Escudero, Manuel Villar Jr. and Ralph Recto recently called the Board of Investments (BOI) to…

THERE is really nothing wrong with paying more to people who work in government. This essentially is my point here. It seems that since President Aquino came out with that expose on the excessive pay and perks of the Metropolitan Waterworks and Sewerage System (MWSS) in his SONA, the Commission on Audit (COA) has been…

With the country’s economic situation, employees nowadays are quite keen on their net take home pay. Thus, employers must explore ways to address this concern.   

MANILA, Philippines – The Department of Finance (DOF) is planning to totally scrap income tax holidays (ITH) for investors in the next six years, a ranking government official said.

Food prices have soared to lev-els last seen in the 2007-08 crisis after a big October rise, the UN’s Food and Agriculture Organisation said on Tuesday.

MANILA, Philippines—Philippine Airlines (PAL) employees on Monday started a series of protest actions against the recent decision of Labor Secretary Rosalinda Baldoz to allow the mass layoff of some 2,600 workers.

MANILA, Philippines – The Trade Union Congress of the Philippines on Monday urged the International Maritime Organization (IMO) to compel ships using the “Pirate Alley” off Somalia to build in fortified rooms where crew members can hide in the event of an attack.

MANILA, Philippines—State-run Power Sector Assets and Liabilities Management Corp. (Psalm) said it would resume before the end of the year the process of selling the remaining government-owned power plants and contracted capacities.

MANILA—Philippine Airlines welcomed the decision of Labor Secretary Rosalinda Baldoz affirming the flag carrier’s prerogative to spin off three non-core business units that will result in the layoff of some 2,600 rank and file workers.

Human Development and Wealth Distribution Dominique Strauss-Kahn, Managing Director, International Monetary Fund Agadir, November 1, 2010 As prepared for delivery It is a great pleasure to be here today, to talk about this all-important topic of human welfare and economic stability.

– “More unequal countries have worse social indicators, a poorer human development record, and higher degrees of economic insecurity and anxiety. In too many countries, inequality increased and real wages stagnated—failing to keep up with productivity—over the past few decades. Ominously, inequality in the United States was back at its pre-Great Depression levels on the…

The Philippines is an “abundant graduate workforce” that makes it a “veritable offshore giant for the UK BPO market,” a UK-based outsourcing trade association said when it gave the Offshoring Destination of the Year Award to the country for the third time.

HANOI, Vietnam – Philippine road users and nurses stand to benefit from assistance from Japan following talks between President Benigno Aquino III and Japanese Prime Minister Naoto Kan during the 17th summit of the Association of Southeast Asian Nations.

INCHEON, South Korea—Countries in Asia and the Pacific are more prone to natural disasters than those in other parts of the world, with people in the region four times more likely to be affected by natural catastrophe than those in Africa and 25 times more vulnerable than Europeans or North Americans, a United Nations report…

DESPITE the slowdown in main export markets like the United States and Japan, the National Economic and Development Authority (Neda) is confident that hitting double-digit import growth will continue for the rest of the year.

DOLLAR earnings raked in by exporters in the different economic zones (Ecozones) in the country jumped by 28.96 percent in the first three quarters of the year to $30.275 billion.

BOCAUE, Bulacan —The principal of the night shift high school department of a college school here will spend All Saints’ Day behind bars after police arrested him when an 18 years old female student accused him of allegedly sexually molesting her.

A HIGH ranking official of the Department of Interior and Local Government (DILG) has been charged with sexual harassment at the Sandiganbayan’s third division.

The Palace claimed yesterday that the Aquino administration had exorcised the controversial P21-billion conditional cash transfer (CCT) program of so-called ghost-family recipients and that beneficiaries in the program are guaranteed to be among the poorest of the Filipino poor while expressing confidence yesterday Social Welfare Secretary Corazon “Dinky” Soliman, who will implement the program, will…

NEW YORK — Measuring the emotional intelligence of employees, from their ability to read body language to controlling frustration, could be good for business, according to a new study.

With the tenure of non-career executive service officials expiring on Sunday, six senators seek granting civil service eligibility to temporary government workers.

A PLAN for helping to reach the United Nations’ Millennium Development Goals, called community-based monitoring System, has been set up by the municipality of Tampakan in South Cotabato, and in Kiblawan and Malalag towns in Davao del Sur—areas sitting on what could be the biggest copper-gold deposit in Southeast Asia.

NAGOYA, Japan: Bitterly divided rich and poor nations can work together to save the world from global warming, jubilant negotiators said on Saturday after forging a historic United Nations pact on protecting ecosystems.

MANILA, Philippines – The Philippine Airlines Employees’ Association (PALEA) is ready to go to the Court of Appeals following Labor Secretary Rosalinda Baldoz’s decision upholding the plan of the management of the flag carrier to layoff some 3,000 employees.

BARANGAYS are not getting their rightful share of internal revenue collections with the wrong implementation of the Local Government Code, former Sen. Aquilino Pimentel Jr.

CEBU, Philippines – The Philippine government, through the Department of Trade and Industry (DTI), is confident that the country is on the right track on improving its competitiveness rank in the world in the next few years.