NTUC Blog

There is an old cartoon I often show to the managers I work with. It portrays a smiling executive team around a long table. The chairman is asking, “All in favor?” Everyone’s hand is up. Meanwhile, the cloud hovering above each head contains a dissonant view: “You’ve got to be kidding;” “Heaven forbid;” “Perish the…

Full article here http://technology.inquirer.net/34439/sc-explains-why-only-authors-may-be-prosecuted-for-online-libel#ixzz2uDYxYiZK

Why only now? Today, the mobilization phase of the NLEX-SLEX Inter-Connector project begins in the heart of Metro Manila between Makati and the City of Manila. After 45 days or so, the actual construction work will begin in earnest. Motorists in Metro Manila have been told to brace themselves for what promises to be 2…

RECENT discussion over the labour-supply effects of Obamacare has touched off a debate over the usefulness of the dignity of work as a social value. Leading Republicans argue that policies that discourage work and therefore signal that work is not important should be strongly resisted. Paul Krugman insists that it is impossible to maintain the…

I was invited recently by Sam Chittick of the Australian Embassy to speak to a group of expats and locals, all of whom are engaged in providing assistance to this country. The invitation immediately evoked memories of Australia. I visited Melbourne/Sydney for the first time in the early Sixties and met Donald Horne, who authored…

Household appliance maker Fagor has recently entered bankruptcy, but its workers are not ready to give up their jobs. FORTUNE — In the town of Basauri, amid the rolling hills of Spain’s Basque Country, some 140 workers at the Edesa appliance factory are taking four-hour shifts as they stage a lock-in. Their parent company, the…

For once the Nobel Peace Prize Committee was wrong. Malala Yousafzai should have won. Her courage and her wonderful advocacy for the education of girls worldwide will have and are having a dramatic impact on the world and the freedom of people. Getting rid of chemical weapons is important, but not at the same widespread…

SEVERAL months ago our No. 2 son moved out of our house and into a condominium near his office. For the first two months we barely saw him, as his newfound freedom from the watchful eye and protection of his parents and family meant late nights and long weekends of enjoying that freedom.

The trade union advisory arm of the Organization for Economic Cooperation and Development (OECD) has reminded foreign companies here to respect workers’ rights in their investment destinations as mandated by the Guidelines for Multinational Enterprises.

MANILA, Philippines – Despite robust economic growth so far this year and a series of international credit rating upgrades, inclusive growth and poverty alleviation still elude the Philippines.

BEIJING (AP) — An American executive said he has been held hostage for four days at his medical supply plant in Beijing by scores of workers demanding severance packages like those given to 30 co-workers in a phased-out department.

ITUC calls on World Bank to implement key review panel recommendations 24 June 2013: The International Trade Union Confederation has called on the World Bank to adopt and implement key recommendations made by the independent Doing Business Report Review Panel, headed by South Africa’s Minister of Planning Trevor Manuel.

Now it’s official: the Philippines is the fastest-growing economy in Asia. Beating China’s first quarter growth (7.7 percent) by a hair, our 7.8-percent growth in gross domestic product (GDP) was proudly homegrown, achieved in the face of a hefty drop (-7 percent) in exports. This implies that domestic demand for our economy’s goods and services…

Holding firm Ayala Corp. has overtaken erstwhile leader San Miguel Corp. in the executive compensation race for 2012. Ayala chief executive Jaime Augusto Zobel de Ayala, his younger brother and president Fernando Zobel, and fellow management committee members John Eric Francia, Delfin Gonzalez Jr., Solomon Hermosura and John Philip Orbeta took home P398 million in…

Farmer Rene Ravalo loads coconuts onto a truck in the Philippines for the 30-minute trip to market on a road built last year. It previously took half a day for a water buffalo to inch the goods down a mountain track.

In a statement to the IMFC in Washington, ILO Director-General Guy Ryder says international policy response efforts are not matching growing global concern over growth, job creation and poverty reduction.

UNFAIR TELCOS: The National Telecommunications Commission should stop cellphone companies from holding hostage their contracted users by making them pay a flat pretermination penalty when they opt out before their two-year term is over.

MANILA, Philippines – The declining share of agriculture in the Philippine economy could be a reason for the country’s high poverty incidence.

Fitch Ratings on Wednesday gave the Philippines a historic thumbs up, rating the economy “investment grade” for the first time ever. There is no spoiling this development. It is good news. Our leaders deserve credit as well as some basking in the limelight. By leaders though, it’s important to stress that this refers to both…

As we commemorate Christ’s suffering this Holy Week, I am led to revisit anecdotes I have written in past articles on the wisdom one can find by talking to those who suffer the most from our society’s inequities. Through the years, I have found some of the richest insights in conversations with common folk expressing…

Monetary officials still see no immediate inflation threat The Bangko Sentral ng Pilipinas on Thursday slashed the interest rate on special deposit accounts to help curb the appreciation of the peso.

DAVOS — The World Economic Forum’s annual meeting in Davos has lost some of its pre-crisis panache. After all, before the meltdown in 2008, the captains of finance and industry could trumpet the virtues of globalization, technology, and financial liberalization, which supposedly heralded a new era of relentless growth. The benefits would be shared by…

– by Mike Manuel, Sun Life Chief Investment Officer for Asia http://twitpic.com/c12sob

NEW YORK — A country’s economic success depends on the education, skills, and health of its population. When its young people are healthy and well educated, they can find gainful employment, achieve dignity, and succeed in adjusting to the fluctuations of the global labor market. Businesses invest more, knowing that their workers will be productive.…

VATICAN CITY — Pope Benedict XVI urged world leaders on Monday to try to reduce the growing gap between the rich and the poor in regions such as Europe as they reform their economies.

IN ADVANCE of the arrival of James Robinson (Harvard), coauthor with Daren Acemoglu (MIT) of “Why Nations Fail,” the World Bank sent me a copy of this bestseller. And I am in good company—with Michael Spence, 2001 Nobel Laureate in economics—when I say that it is a book that is hard to put down once…

MANILA, Philippines – They say it’s more fun in the Philippines. But according to United States pollster Gallup, the Philippines is also the world’s most emotional nation – which means that Filipinos feel the most in a slew of emotions such as pain, happiness and anger.

VANCOUVER — Women taking some occupations with potentially high exposures to carcinogens and endocrine disruptors have higher risks of developing breast cancer, showed a new study by Canadian scientists.

The rising preference for Philippine sovereign liabilities reflects improved perceptions of risk, absence of liquidity pressures and low inflation, according to the latest comment of credit rating agency Moody’s Investors Service.

It’s a 2012 campaign mantra: On Day One, the new president will reboot the economy by spurring businesses to grow and thrive. Both mainstream candidates have vowed to achieve this, in part by eliminating onerous regulations to “unleash” the long-suppressed power of American industry.