Bad News

TOP companies raised by a fifth the cash reward for their owners last year amid an economic slowdown that has seen more firms slash jobs.

MANILA, Philippines – Business process outsourcing (BPO) firms are still struggling to find qualified workers from the ranks of graduates of Philippine colleges and universities.

MANILA, Philippines – Families of overseas Filipino workers (OFWs) are saving more of their family income as consumers brace against the full impact of the economic slowdown.

MOST of the rich Filipinos evade taxes, and many are members of civil society groups preaching compassion and demanding the rule of law, an official said yesterday.

MANILA, Philippines — Filipinos start thinking about retirement early but still end up the least prepared when they actually reach old age, prompting most to seek work past retirement, according to a global retirement study conducted by Paris-based AXA.

PARIS, March 17, 2008 (AFP) – The IMF and OECD, two top world economy forecasters, struck alarmist notes Monday about crisis and threatening stagflation in the financial system and the need for measures to shore it up as markets sent distress signals. Only hours after the US Federal Reserve took emergency weekend action to keep…

FILIPINOS trust their religious leaders more than politicians and would probably elect them.

FILIPINOS are not financially savvy enough to help them tide over rough times and plan for a comfortable retirement, a survey by Citibank N.A. showed.

BAGUIO CITY – Filipinos are big “rice wasters.” The National Food Authority (NFA) said at least 25,000 sacks of rice amounting to about P22 million are wasted daily.

LONDON – A British woman who claims she contracted cancer from hugging her father, who worked with asbestos, is suing the Ministry of Defence for 75,000 pounds ($146,000).