RP team placed 3rd   MANILA, Philippines — A Chinese-Filipino student from Zamboanga City took home a gold medal in the 2009 International Regions Mathematics competition held in the United States recently, with the Philippine team placing third overall among 16 teams from different countries.

STATEMENT TUCP VICE PRESIDENT ALEJANDRO C. VILLAVIZA WORKERS’ DELEGATE, PHILIPPINES 98TH INTERNATIONA LABOR CONFERENCE GENEVA IN BEHALF OF THE WORKERS IN THE PHILIPPINES, I WISH TO COMMEND THE EFFORTS OF THE ILO AND THE DIRECTOR-GENERAL FOR THE ACTIONS THAT THE ILO HAS TAKEN TO EDUCATE CONSTITUENTS AND TO ADDRESS THE GLOBAL ECONOMIC DOWNTURN.

Free trade agreement in limbo again PARIS: World Trade Organization (WTO) head Pascal Lamy said on Friday he saw no “positive sign” for world trade, which has been battered by the global economic crisis.

MASBATE: Gunmen on a motorcycle shot and wounded a newspaper reporter on Friday, days after another journalist was murdered, local police said.

AMID a slowing economy, the International Monetary Fund (IMF) has called on the Bangko Sentral ng Pilipinas (BSP) to undertake a “stress test” of local banks, similar to what its US counterpart, the Fed, did for American lenders that saw their capital erode due to the global financial crisis.

PARIS (AFP) – – The world auto sector, after suffering a sharp decline this year, is set for a 5.0 percent sales rebound in 2010, a study forecast Thursday.

More than 4,000 delegates representing governments, employers and workers are meeting at the annual Conference of the ILO from 3 to 19 June to discuss ways of addressing the global crisis in jobs and social protection. ILO Online asked Raymond Torres, Director of the ILO International Institute for Labour Studies about the current jobs situation,…

MANILA, Philippines—The emergence of various types of health supplements has adversely impacted the growth of the local pharmaceutical sector, according to an industry executive.

MANILA, Philippines—The threat of job cuts abroad has prompted families of overseas Filipino workers to invest more than they used to, according to a survey by the Bangko Sentral ng Pilipinas (BSP).

MANILA, Philippines – Chief Justice Reynato Puno yesterday said that with the sorry state of the nation, Filipinos have no reason to celebrate Independence Day.

MANILA, Philippines – Portfolio investments made a significant turnaround in May, with over $498 million worth of funds coming into the country compared with the $276-million net outflow in April.

MANILA, Philippines – Four Filipino students were among the winners of one of the largest pre-college science and technology research competitions in the world, the Department of Science and Technology (DOST) said Friday.

MANILA, Philippines – Socioeconomic Planning Secretary Ralph Recto is optimistic that dollar remittances from overseas Filipino workers (OFWs) and an improvement in the performance of the export industry would help the country achieve the government’s latest economic growth projection for 2009.

Unite to avert eruption, says Chief Justice Filipinos should not even go through the motions of marking more than 100 years of freedom from Spanish rule if they continued to allow fragmentation rip the country apart, the Supreme Court Chief Justice said Friday.

Please allow us to respond to The Manila Times editorial on the “deficiencies” of the Overseas Workers Welfare Administration (OWWA) published June 9, following its celebration of Migrant Workers Day last June 7.

MANILA, Philippines—Why should a big water utility bother with the financially unrewarding effort of installing drinking faucets, in a city jail, of all places?

Brussels, 12 June 2009 (ITUC OnLine): Millions of children, especially girls, risk falling out of education and into work as the impact of the world economic crisis deepens, the ITUC has warned today, the World Day Against Child Labour.

The world economy will shrink by much more than previously thought, according to the World Bank.

Filipino consumers remained pessimistic in the second quarter as result of the expected lower household income, particularly among middle and low-income families, resulting from the economic slowdown, the central bank reported Thursday.

MANILA, Philippines – A high-level mission of the International Labor Organization (ILO) is set to investigate the unexplained killings in the country.

MANILA, Philippines – Agriculture Secretary Arthur Yap told herbal industry leaders that the government would help increase linkages between raw material producers and manufacturers to ensure the quality, reliability and safety of Filipino herbal products.

MANILA, Philippines – A business group has expressed support for constitutional amendments only if it would improve the country’s economic interest and to be done only after the 2010 elections.

MANILA, Philippines – Government economic managers lowered yesterday the country’s economic growth projection for 2009 to between 0.8 percent and 1.8 percent from the earlier target of between 3.1 percent and 4.1 percent on account of the larger impact of the global financial crisis.

MANILA, Philippines – Consumer confidence took a major beating in the second quarter of this year as private households saw dimming prospects for the country and for their own families over the next six months.

THE International Monetary Fund expects the economy to contract by 1 percent this year, revising its forecast of a 1-percent growth because of disappointing first-quarter numbers.

TWO major business groups yesterday said they support efforts to amend the Constitution despite mounting opposition to the latest House initiative to push changes without the Senate before the 2010 elections.

MANILA, Philippines – The herbal industry is going after $1 billion in exports by next year, according to the Chamber of Herbal Industries of the Philippines Inc. (CHIP).

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Spotlight interview with G. Rajasekaran (Malaysia – MTUC)   Brussels, 11 June 2009 (ITUC OnLine): How is the economic crisis affecting the large migrant population in Malaysia? G. Rajasekaran, general secretary of the MTUC (1), talks about trade union initiatives designed to help them. He also denounces the exploitation suffered by domestic workers, a particularly…