MANILA, Philippines – Nearly a quarter of a million unemployed or underemployed Filipinos found jobs through the Comprehensive Livelihood and Emergency Employment Program (CLEEP) between January and July this year, the government said yesterday.
MANILA, Philippines – Sen. Miriam Defensor-Santiago, chairperson of the Senate Economic Affairs Committee, will file a bill providing conditional cash transfers (CCTs) to extremely poor families.
MANILA, Philippines – Malacañang assured the public yesterday that prices of certain medicines, including those taken by the elderly, will go down by half in the next 10 days even as officials turned the tables against Sen. Mar Roxas, who they said was actually the one opposing the reduction of the prices of drugs.
DAVAO CITY, Philippines – Commission on Human Rights (CHR) head Leila de Lima declared a “breakthrough” in the investigation into the existence of the so-called Davao Death Squad (DDS) after more skeletal remains believed to be those of victims of summary executions here were dug up.
MANILA, Philippines – Hard times struck in 2008 but the Bangko Sentral ng Pilipinas (BSP) said banks managed to keep their capital levels significantly above international standards, driven by conscious efforts to beef up capital.
MANILA, Philippines – HP products, particularly inkjet printers, now contain more recycled materials compared to units shipped two years ago. It was one of the various environmental goals that HP set last year for 2010 fruition, but has been exceeded a full year ahead of schedule.
MANILA, Philippines – The Bureau of Internal Revenue (BIR) is losing roughly 35 percent in potential revenues because of the existence of the so-called underground economy and other tax evaders, a ranking Department of Finance official said over the weekend.
MANILA, Philippines – Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. said over the weekend that the Philippines would have to address three major deficiencies in its legal system, particularly the declaration of terrorist financing as a criminal offense on its own.
MANILA, Philippines – The non-performing loan (NPL) ratio of universal and commercial banks rose slightly to 3.74 percent in May from 3.65 percent in April but remained well below the 4.17 percent ratio over the same month in 2008, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.
THE ANNUAL INFLATION RATE of 1.5 percent posted in June was the lowest the country has seen in 22 years. This implies that consumer prices as a whole have shown remarkable stability over the past year. For the year so far, the average over the first half was 5 percent, which is lower than the…
From the top of Singapore’s Equinox bar you can see the city skyline and ship after ship after ship. Singapore claims to be the busiest port in the world.
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Social responsibility has been multi-culturally defined and qualified as an ethical or ideological theory in which entities such as governments and corporations, individuals and organizations take on a proactive stance in claiming responsibility for their roles in society and how their actions impact on this emergent school of thought.
We often heard remarks like “He is so like his father” or “He is what he is today due to his family upbringing”. Are our behavior, thoughts, feelings, values shaped by our parents? Is the difference between each of us lies in our personality? What makes each of us unique from one another? Briefly, personality…
MANILA, Philippines – Twenty-two more members of the House of Representatives have joined the original 108 who wanted to push for the approval of the controversial reproductive health bill in Congress that the influential Catholic church is vehemently opposing.
South Africa – Thirteen Filipino high school math wizards held their own and harvested a crop of silver and bronze medals for the Philippines in the 10th Invitational World Youth Mathematics Inter-cities Competition (IWYMIC) held in Durban, South Africa earlier this week.
LAIBAN LEAKS: Like water trickling out of an old pipe, details of a gigantic contract to be awarded without competitive bidding have started to leak from the Metropolitan Waterworks and Sewerage System in what looks like another unfolding scandal.
MANILA, Philippines – Despite the improved financial health of the Philippine corporate sector last year, sources of easy credit are starting to shrink, the World Bank said in its latest quarterly report.
EVERY year, 536,000 women and girls die as a result of complications during pregnancy, childbirth or the six weeks following delivery.
THE proportion of seats held by women in parliament continues to rise slowly.
MALACAÑANG has failed in fighting corruption according to the target set by the Millennium Development Goals (MDGs), but only just so.
HONORING commitments to increase international aid is critical at a time of economic crisis.
REMARKABLE advances have been made before the economic landscape changed so radically in 2008.
NINE years ago, world leaders set far-sighted goals to free a major portion of humanity from the shackles of extreme poverty, hunger, illiteracy and disease.
Special Report: The Millenium Dev’t Goals LESS than six years remain before the Millennium Declaration reaches 2015 as the target date to halve extreme poverty in all its forms—and the world finds itself mired in an economic crisis that is unprecedented in its severity and global dimensions.
MANILA, Philippines – Pharmaceutical companies have until next week to submit a list of drugs and medicines whose prices they promised to cut by at least half, Health Secretary Francisco Duque III said yesterday.
MALALAG, Davao Del Sur, Philippines—More and more cargo ships are being brought here to lay up as the country and the rest of the world suffer from a sharp decline in international cargo volume, according to the Maritime Industry Authority (Marina).
Call centers scrutinize pay structure MANILA, Philippines — The global economic downturn is forcing Philippine-based contact centers to operate more efficiently and keep their costs down, as high operating expenses may make them uncompetitive.
MANILA, Philippines — The Department of Education (DepEd) has six more years to bring the remaining 15 percent or almost four million school-age children into public schools.
CEBU, Philippines – The Salcon Power Independent Union said they will only withdraw their notice of strike if the management observes the principles of their Collective Bargaining Agreement, which according to them, is continuously being ignored by the latter.