MANILA, Philippines – Total savings in the Philippines retreated by more than three percent during the height of the global financial and economic downturn as well as soaring commodity prices in 2008.
THE pre-crisis savings rate in the Philippines had fallen amid accelerating consumption growth, according to an Asian Development Bank (ADB) report.
CEBU, Philippines – Good news to all City Hall and casual employees of Cebu City.
CEBU, Philippines – On the celebration of the province’s 440th founding anniversary yesterday, Governor Gwendolyn Garcia was in a giving mood.
100,000 workers displaced since October THE AVERAGE compensation of a worker in the manufacturing sector slightly grew by 0.8 percent in the first quarter, despite thousands of jobs reportedly lost at the height of the global financial crisis, according to the National Statistical Coordination Board (NSCB).
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NSCB says global crisis trimmed median-income group A FILIPINO household has to earn close to half a million pesos this year to remain in the middleclass, according to the National Statistical Coordinating Board (NSCB).Romulo Virola, NSCB secretary-general, said the country’s middle class is likely to have shrunk in light of the global financial crisis.
MANILA, Philippines – Government employees will receive higher salaries starting July 1, Malacañang announced yesterday.
MANILA, Philippines – The Senate approved Wednesday night Joint Resolution No. 26 seeking to increase the salaries and benefits of government employees to make them competitive with those of the private sector.
The Senate has passed the measure updating and upgrading the Salary Standardization Law, Senate Majority Leader Juan Miguel Zubiri said Wednesday.
Anakpawis party-list Rep. Rafael Mariano yesterday assailed Malacañang for its continuing “no wage hike policy,” stressing “at this time of worsening economic crisis, it is far more just for the working class to demand a wage increase.”
MANILA, Philippines — President GloriaMacapagal-Arroyo is steering clear of demands for wage increases as part of the Labor Day celebration next week, Malacañang said on Saturday.
MANILA, Philippines – Senators Loren Legarda and Manuel Villar Jr. cautioned yesterday members of the House of Representatives against reducing the proposed pay increase for teachers.
Many Filipinos and other workers in the Asian region are still living poorly, trying to make both ends meet with P90 a day, the International Labor Organization (ILO) reported Tuesday.
MANILA, Philippines – Public school teachers’ groups are opposing a move by the House of Representatives to cut a proposed P9,000 increase in their pay to P6,000, saying it will put them at a pay level below policemen and soldiers in the government’s salary scheme.
Study says poverty threshold rose MORE than two million Filipinos fell below the country’s poverty threshold because of the increases in the prices of rice and fuel, according to a government think tank.
MANILA, Philippines – Senate President Juan Ponce Enrile filed yesterday a joint resolution urging President Arroyo to modify the existing compensation and position classification system of government employees to encourage civil servants to become more competitive.
The Asian Development Bank (ADB) said the sluggish growth in earnings of Filipino workers over the last decade is “alarming,” particularly because the figures did not expand faster than the economic growth rate.
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MANILA, Philippines – President Arroyo steered clear yesterday of calls for a moratorium on wage hikes and the grant of benefits to help employees cope with the global financial crisis.
The pews are filled but the offering boxes are not. Apparently, an increase in the number of churchgoers does not necessarily mean an increase in Mass collections.
The Department of Labor and Employment (DOLE) yesterday ruled out the possibility of an increase in minimum wage rates next year.
A militant teachers group over the weekend asked Malacañang to ensure the distribution of the full amount of the P10,000 year-end performance bonus granted to all government employees, including thousands of public school teachers.
State employees and pensioners will soon receive an early Christmas gift, Malacañang said yesterday.
CALL CENTERS are turning more and more to gimmicks and gadgets — aside from offering higher wages — to reel in the few skilled workers still looking for jobs, an industry official said.
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Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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