NTUC Blog

Obama cracks down on tax havens, outsourcing firms

Published by rudy Date posted on May 6, 2009

WASHINGTON, D.C.: President Barack Obama, decrying “egregious” tax abuses, announced Monday (Tuesday in Manila) savings of $210 billion by squeezing offshore havens and US firms’ ability to profit from outsourcing jobs.

Read more

Firms hiring again a good sign—DOLE chief

Published by rudy Date posted on May 6, 2009

CEBU CITY – Labor Secretary Marianito Roque said unemployment in the country was slowly starting to ease as companies have started to hire workers.

Read more

Bernanke sees economic ‘turn up’

Published by rudy Date posted on May 5, 2009

The head of the US central bank, Ben Bernanke, has said he expects the recession to end this year unless there is a major financial setback.

Read more

Why the markets are up

Published by rudy Date posted on May 2, 2009

To understand the rally, recognize that the GDP statistics you are reading are already out of date.

Read more

Interview with former Senator Ernesto Herrera

Published by rudy Date posted on May 2, 2009

It was good to have met up with former Senator Ernesto Herrera just a few days from Labor Day. Herrera, a pillar of the Philippine labor movement, is the quintessential laborite. I had not seen him for a while but I was keen to hear his views in a financial crisis that has profoundly affected…

Read more

Party-full

Published by rudy Date posted on April 30, 2009

I can’t say I am ecstatic over the addition of more party-list congressmen as a consequence of the Supreme Court’s reading of the law.

Read more

RP expects “rebound mode” of global economy

Published by rudy Date posted on April 29, 2009

MANILA, Philippines (Xinhua) – The government is gearing up for a “rebound mode” following upbeat indicators in the global economy, officials said yesterday.

Read more

Lack of competitiveness, not global crisis hindering RP growth – economist

Published by rudy Date posted on April 26, 2009

MANILA, Philippines – The slowdown in the country’s growth and overseas sales is not directly related to the global economic crunch but rather the lack of competitiveness that has plagued the different industries for years, a top economist said.

Read more

G7: Worst of global recession may be over

Published by rudy Date posted on April 25, 2009

WASHINGTON — Finance chiefs from the G7 powers said on Friday the global economy may be past the worst phase of a recession although recovery was not yet assured, and they pledged to make sure that big financial firms are sound.

Read more

IMF predicts deeper global decline in 2009, weak 2010

Published by rudy Date posted on April 24, 2009

WASHINGTON, D.C.: The International Monetary Fund (IMF) on Wednesday forecast a severe global contraction this year, sharply downgrading its already bleak outlook from earlier this year.

Read more

Very costly doing business in RP – World Bank

Published by rudy Date posted on April 24, 2009

MANILA, Philippines – Despite efforts to simplify business processes in the country, the cost of doing business in the Philippines is one of the highest in Southeast Asia and very little protection is given to investors.

Read more

Worst seen over for RP, others in Asia – HSBC Economist

Published by rudy Date posted on April 23, 2009

MANILA, Philippines — The worst shock waves from the global financial crisis and commodity price spikes may be over for the Philippines and other emerging markets which can now “decouple” from the slump in the West, an economist from British banking giant HSBC said yesterday.

Read more

Militants going too far

Published by rudy Date posted on April 23, 2009

With the Supreme Court (SC) opening the door to more party-list members of Congress, former Maj. Gen. Jovito Palparan, known to militants as “The Butcher” and being a top nominee of his party, Bantay, won a seat and is expected to join Congress soon.

Read more

Bangko Sentral cuts key rates by 25 basis points

Published by rudy Date posted on April 17, 2009

MANILA, Philippines – As inflationary pressures drop this year, the Bangko Sentral ng Pilipinas (BSP) decided yesterday to cut its policy rates by another 25 basis points, bringing the cumulative reduction to 150 basis points since December 2008.

Read more

We are all equal

Published by rudy Date posted on April 17, 2009

It’s becoming more evident that this crisis is not going to be as bad as feared—it’s going to be worse, the news that comes out each day is of ever worsening conditions. Now the expectation is that the world economy will shrink by 1 percent this year. A recovery in 2009 is no longer a…

Read more

IMF sees ‘long, severe’ global recession

Published by rudy Date posted on April 17, 2009

WASHINGTON — The International Monetary Fund on Thursday forecast a prolonged, deep global recession in a crisis “nobody is escaping,” with recovery slow and difficult.

Read more

Arroyo declares April 21 to May 1 ‘ILO Week’

Published by rudy Date posted on April 17, 2009

President Gloria Macapagal Arroyo has declared April 21 to May 1, 2009 as International Labor Organization (ILO) Week, Malacañang said Friday.

Read more

Many companies to cut bonus, benefits

Published by rudy Date posted on April 16, 2009

MANILA, Philippines — Local and foreign firms operating in the country have resorted to cutting employee bonuses and benefits just to keep from laying people off.

Read more

More Filipinos seen to lose jobs amid cut in growth goal

Published by rudy Date posted on April 15, 2009

MORE Filipinos are poised to lose their jobs as the government is set to cut anew its economic growth target for this year, according to pundits.

Read more

Unconstitutional

Published by rudy Date posted on April 15, 2009

This case of Tony, a Filipino seafarer, is an example of the judicial power of the Courts to review and declare as unconstitutional the acts of a co-equal branch like Congress.

Read more

Job losses due to world crisis tapering off

Published by rudy Date posted on April 14, 2009

MANILA, Philippines—Economic Planning Secretary Ralph Recto has announced that job losses resulting from the global financial crisis were “tapering off.”

Read more

Scared for their jobs, OFWs cut remittances, spending

Published by rudy Date posted on April 14, 2009

Fear of losing their jobs has forced a growing number of migrant Filipino workers to save more, and lessen their home-bound remittances, the Trade Union Congress of the Philippines (TUCP) said. The TUCP now expects remittances from overseas Filipino workers (OFWs) to fall by 5 percent to 10 percent this year, down from a prior…

Read more

Easter thoughts

Published by rudy Date posted on April 14, 2009

Freddy and the Lord stood by to observe a baseball game. The Lord’s team was playing Satan’s team.

Read more

Neda sees growth at 3.1-4.1%

Published by rudy Date posted on April 14, 2009

THE National Economic and Development Authority (Neda) sees even slower growth in 2009 and 2010 in light of the possible increase in export-earnings losses and rising unemployment for Filipinos here and abroad as a result of the global economic recession.

Read more

RP electronics industry starting to recover

Published by rudy Date posted on April 13, 2009

MANILA, Philippines—After a bad first quarter, the electronics industry seems to be showing signs of recovery, although at a very slow pace, according to an industry executive.

Read more

Filipinos found in every country of the world

Published by rudy Date posted on April 12, 2009

MANILA, Philippines – There is a Filipino in every country in the world.

Read more

7 ways to be a dolt about credit

Published by rudy Date posted on April 10, 2009

Remember the good old days, way back in 2006, when the streets were paved with credit-gold as far as the eye could see and credit cards rained from the sky? Even the credit-destitute were treated like kings by the credit card companies and courted with lavish offers of unlimited credit.

Read more

How the Apostles died – and why

Published by rudy Date posted on April 8, 2009

One of the best e-mails I got in recent days asked: do you know how the Apostles died? The answers are verifiable historically or from church accounts:

Read more

Inflation delivers two million Pinoys to poverty

Published by rudy Date posted on April 7, 2009

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.

Read more

G20 Summit: Progress on Jobs and a Chance for a New Globalisation

Published by rudy Date posted on April 4, 2009

Brussels, 3 April 2009 (ITUC OnLine): The statement adopted at the London G20 meeting gives the chance for a new globalisation, with jobs at the centre and an end to the failed policies of the last three decades, according to the ITUC and the OECD Trade Union Advisory Committee (TUAC).  Key decisions taken at the…

Read more

June 5 – World environment day
June 22  – Global Day of Action
to Climate and Employment Proof
our Work
#CEPOW22
“This is a life and death
 challenge …”

 

Continuing
Solidarity with CTU Myanmar,
trade unions around the world,
for democracy in Myanmar,
with the daily protests of
people in Myanmar against
the military coup and
continuing oppression.

 

Accept National Unity Government
(NUG) of Myanmar.
Reject Military!

#WearMask #WashHands
#Distancing
#TakePicturesVideos

Time to support & empower survivors.
Time to spark a global conversation.
Time for #GenerationEquality to #orangetheworld!
Trade Union Solidarity Campaigns
Get Email from NTUC
Article Categories