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… Read the rest

Jan 21, 20090

IMF’s Strauss-Kahn sees sharp cuts in growth forecasts

from ITUC-CSI

LONDON, Jan 21 (Reuters) – The International Monetary Fund will sharply cut growth forecasts this month and the world will not return to strong growth for two or three years, IMF Managing-Director Dominique Strauss-Kahn said on Wednesday.

“Things… Read the rest

Dec 30, 20081

Winners, Lossers in Financial Crisis

Cris Evert Lato
Cebu Daily News

CEBU CITY, Philippines – About 30 percent of overseas Filipino workers (OFWs) are working in the United States, according to research group Ibon Foundation.

At least 52 percent of OFW remittances… Read the rest

Dec 29, 20080

DOLE to hold talks on layoffs

Kristine L. Alave
Philippine Daily Inquirer

MANILA Philippines—The Labor department will conduct surveys and meetings with companies in export zones next month to gain a full picture of how the global credit squeeze affects them and to… Read the rest

Dec 29, 20080

Gov’t says export sector jobs at risk

Agence France-Presse
Inquirer.net

MANILA, Philippines — Jobs in the Philippines’ export sector will be at risk next year as the global financial crisis worsens, Labor Secretary Marianito Roque warned Monday.

His comments came after Texas Instruments, one of the… Read the rest

Dec 28, 20080

Toledo Mining lays off 90% of workforce (Cites drastic cut in nickel demand)

Ronnel Domingo
Philippine Daily Inquirer

MANILA, Philippines – Toledo Mining Corp. said it had laid off some 600 workers and contractors while some directors took pay cuts as dampened demand took its toll on nickel operations in… 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… Read the rest

Dec 17, 20080

Govt sets P300-B ‘sustainability plan’

Joel Guinto
INQUIRER.net

MANILA, Philippines – The government has set a P300-billion “sustainability plan” to fuel economic growth and to protect and generate jobs in the face of the global economic crisis, the full impact of which is expected… Read the rest

Dec 14, 20080

Cement firms slowing down operations

Philippine Daily Inquirer

THE BUSINESS slowdown due to the global financial crisis and the expected adverse impact of the recent removal of the tariff on cement have prompted local cement firms to rethink expansion and investment plans, and implement downsizing… Read the rest

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