MANILA, Philippines – Filipino math whiz kids lorded it over their counterparts from 21 countries, bagging a hundred medals and winning for the Philippines the overall championship in the just-concluded Philippine International Mathematics Competitions (PIMC) hosted by Iloilo City.
Power Corp. (Kepco) to rehabilitate the Bataan Nuclear Power Plant (BNPP), which has been mothballed for two decades.
A STRONG peso risks undermining the recovery of the Philippine export sector, which has yet to bounce back from a global slump, according to pundits. Last week, the government announced that the country’s gross domestic product (GDP) hardly grew at 0.8 percent in the third quarter. Worse, second-quarter GDP growth was recast downward to 0.8…
MANILA, Philippines – United Nations Secretary General Ban Ki-moon yesterday urged governments worldwide to remove punitive laws applying to people afflicted with Human Immunodeficiency Virus (HIV) and Acquired Immune Deficiency Syndrome (AIDS), and instead protect their rights.
MANILA, Philippines – The Supreme Court (SC) yesterday allowed appointed government officials seeking to run in next year’s elections to stay on in their posts and actively campaign even after filing their certificates of candidacy (COC).
Message of Rep. Raymond Democrito T. Mendoza Trade Union Congress of the Philippines (TUCP) At the Opening of the Follow-Up National Tripartite Conference on Freedom of Association: Towards Fair Globalization and Decent Work 02 December 2009, Hotel Sofitel, Manila
TUCP MESSAGE National Tripartite Conference on Principles of Freedom of Association: Towards Fair Globalization and Decent Work 03 December 2009, Sofitel Philippine Plaza, Pasay City
Last week, we saw that there have been two parties called Lapiang Manggagawa (LM, Labor Party) — one formed in the 1920s which acted as a stepping-stone to the formation of the Partido Komunista ng Pilipinas (PKP) in 1930, and the second founded on the initiative of the PKP in 1963 as a legal means…
Pilipinas Shell Petroleum Corp., the smaller of the two oil refineries in the country, posted a net income of P7.6 billion in the first nine months of the year, up 50 percent from P5 billion year-on-year, despite sharply lower sales.
Air pollution costs the Philippines billions of dollars a year and kills thousands of people annually, according to the World Bank report released Monday. The World Bank, in its report “The Philippines: Country Environmental Analysis,” said that outdoor air pollution has cost the Philippines more than 1 percent of gross national product (GNP).
“Where the law is subject to some other authority and has none of its own, the collapse of the state, in my view, is not far off; but if law is the master of the government and the government is its slave, then the situation is full of promise and men enjoy all the blessings…
Analysts forecast cut in remittances MANILA, Philippines – A brewing debt crisis in Dubai has raised a specter of gloom on the Philippines, where many households have been relying on petrodollars sent home by a large pool of overseas workers in the Middle East.
MANILA – The Philippines is watching 3 key areas that may take a hit from the ongoing Dubai debt crisis: volume of remittances, foreign exchange rates, and the cost of foreign borrowings sourced from global bond market. The 3 indicates the Philippines’ possible areas of vulnerability when a global economic or financial event ensues.
MANILA, Philippines – Total residential real estate and auto loans continued to post double-digit growth rates in the first nine months of the year despite a slower economic growth brought about by the global economic crisis.
MANILA, Philippines – Due to recent calamities that hit the country and the coming Holiday season, Filipino workers in Canada and other countries have sent home more money to their families back home.
MANILA, Philippines – The International Monetary Fund (IMF) said the local banking system remained resilient after the Bangko Sentral ng Pilipinas (BSP) managed to put in place reforms aimed at containing the effects of the global financial crisis.
MANILA, Philippines – The number of Filipino families who consider themselves poor slightly declined, following typhoons “Ondoy” and “Pepeng” that hit the country, according to a latest survey by the Social Weather Stations (SWS).
MANILA, Philippines – There are around 3,000 Filipinos detained overseas on criminal charges, the Department of Foreign Affairs (DFA) reported yesterday.
MANILA, Philippines—After suffering quarter after quarter of volume and revenue declines, the worst may finally be over for the global semiconductor industry, according to research firm iSuppli Corp. While the year was still seen to close on a low note, iSuppli senior vice president Dale Ford said full-year results would likely be better than originally…
We are seeing of late a push to save more of our babies that are being born. This is because experts see a risk that newborn mortality, which has been on the level at 17 deaths per 1,000 since 1998, may revert upwards and ultimately affect our Millennium Development Goals for 2015.
MANILA, Philippines – American banking giant Citigroup said the lower-than-expected economic growth registered in the third quarter of the year gives monetary authorities leeway to maintain its current policy stance.
MANILA, Philippines – More and more consumers are turning on to their credit cards instead of using cash to pay for goods or services, data from the Bangko Sentral ng Pilipinas (BSP) showed. BSP data showed that credit card receivables of universal, commercial, and thrift banks went up by 4.6 percent to P130.2 billion from…
Like all other human institutions, the Supreme Court (SC) is also imperfect and liable to make a mistake. Hence when it reconsiders a previous decision which is presumed to have been made after utmost research and careful deliberation, it is usually a good and reassuring sign of its humility in admitting and correcting a mistake.
MARIVELES, Bataan—The Department of Labor and Employment (DOLE) said representatives of the Philippine Export Zone Authority (Peza) are currently working out a way to keep local shoe-manufacturer SS Ventures International Inc. (SSVII) from shutting operations by year-end by finding another major client.
There is such a thing as a honeymoon phase in disaster response. Remember the overwhelming bayanihan spirit that swept the nation just after the onslaught of tropical storm Ondoy and after that, typhoons Pepeng and Santi? Images we saw on television and our own experiences, or those of people we actually knew, prompted Filipinos to…
ADMINISTRATION standard-bearer Gilberto Teodoro and his wife, Tarlac Rep. Monica Louise Prieto-Teodoro, have withdrawn support for the reproductive health bill, saying it does not address the problem of poverty.
The construction industry is optimistic about its growth prospects amid sustained activities brought by the reconstruction of infrastructure damaged by storm Ondoy and typhoon Pepeng, as well as election spending next year.
SINGAPORE – Going on holiday is back on the cards again despite the recession, with a global survey showing one in 5 people plan to travel overseas, even if it’s largely within their region.
MANILA, Philippines – The Asian Development Bank (ADB) has underscored the need for the Philippines to adopt more measures to mitigate global climate change.
CALIFORNIA, United States—The unemployment rate in the United States rose to 10.2 percent last month, the highest recorded since April 2003. There are now 15.7 million unemployed based on a US Department of Labor report.