philippine news

Feb 8, 20091

Protect women — CHR

by Joel dela Torre
from People’s Journal

MARKING the United Nations Day for Women and International Peace today, the Commission on Human Rights called on government to improve protection and programs for the rights of women.

The CHR said … Read the rest

Dec 28, 20081

Foreign debt stock fell to $53.5B in Q3

Philippine Daily Inquirer

MANILA, Philippines – The Philippines’ foreign debt burden fell by $1.3 billion in the third quarter to $53.5 billion from $54.8 billion in the previous quarter, as local borrowers reduced their foreign currency exposure in view of … Read the rest

Dec 27, 20080

Banks’ exposure in property hits P224B

Doris Dumlao
Philippine Daily Inquirer

The exposure of Philippine commercial banks to the real estate sector expanded in the third quarter despite the worsening US property downturn that triggered a global financial turmoil, the central bank reported.

It reached P223.9 … Read the rest

Dec 27, 20080

2 more rural banks on holiday

Tonette Orejas
Central Luzon Desk

STA. RITA, Pampanga – A day after Christmas, 86-year-old Benjamin Mariano went to the Rural Bank of Sta. Rita in Barangay San Vicente here, wanting to get a word from the owner whose house sits … Read the rest

Dec 6, 20080

November inflation rate drops to 9.9 percent

Des Ferriols
Philippine Star

The national inflation rate slid back to single-digit levels earlier than expected, dropping to 9.9 percent in November from 11.2 percent in October as prices of basic commodities fell in the wake of weakening oil prices.… Read the rest

Dec 5, 20080

After a layoff, a family learns to cope

CNET News

With the calendar winding down, the hours get hardest when Andy Erickson and his wife, Andrea, are forced to take out their checkbook and do the math.

“We see the finish line in December before we have to … Read the rest

Dec 5, 20080

Arroyo bares package for retrenched OFWs

Joel Guinto
INQUIRER.net

MANILA, Philippines — President Gloria Macapagal-Arroyo has unveiled a “payback package” for overseas Filipino workers (OFW) who have been retrenched as a result of the global financial crisis, even as she belittled the layoffs as a “trickle” … Read the rest

Dec 3, 20080

PC shipments to grow just 3.8 percent in 2009

Erica Ogg
cnet News

Analysts are readjusting their expectations for the PC industry next year, and it’s not looking good.

On Wednesday, IDC released an updated forecast for the number of PCs expected to be shipped next year. In 2009, … Read the rest

Dec 2, 20080

RP outsourcers: ‘Cautious optimism’

Alexander Villafania
INQUIRER.net

MANDALUYONG CITY, Philippines – Philippine-based outsourcing giants are now feeling effects of the US recession with some companies seeing a slowdown in demand for services, particularly on medical transcription and animation, industry executives said.

But some are … Read the rest

Dec 2, 20080

Illegal migration may rise amid crisis

William French
Agence France-Presse

GENEVA, Switzerland — Illegal immigration is likely to rise as the economic crisis continues and governments must do more to effectively manage the flow of labor, the International Organization for Migration (IOM) said Tuesday.

“In times … Read the rest

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  • RSS Inquirer.net

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      Chief Justice Renato Corona on Tuesday sprang a surprise on the Senate impeachment court by waiving the confidentiality of his local and dollar accounts in an emotional testimony, but on certain conditions. Keep on reading: Corona springs waiver on bank funds, BUT… […]
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  • RSS The Philippine Star

    • Senate locks in CJ
      After hours of voicing his anguish and lashing out at his accusers almost uninterrupted, Chief Justice Renato Corona made a quick and unceremonious exit from the Senate impeachment court yesterday, but failed to leave the premises after Senate President Juan Ponce Enrile ordered the gates locked. […]
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      Chief Justice Renato Corona yesterday told the impeachment court that he has only three peso accounts and four dollar accounts, contrary to the testimony of Ombudsman Conchita-Carpio Morales last week. […]
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  • RSS Manila Bulletin

    • Lowering Minimum Age Of Criminal Responsibility Hit
      MANILA, Philippines --- The Juvenile Justice and Welfare Council (JJWC) has slammed legislative proposals to reduce the minimum age of criminal responsibility. JJWC, which oversees the implementation of the Juvenile Justice and Welfare Act, otherwise known as Republic Act No. 9344, said that since the enactment of the law in May 2006, critics could not pinpo […]
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