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 6, 20080

Exports to recover in 2009 – NEDA

Iris C. Gonzales
Philippine Star

The Philippine export sector is likely to recover next year especially when orders start coming in again in April 2009, a ranking government official said yesterday.

Dennis Arroyo, director for policy and planning of the … Read the rest

Dec 6, 20080

Forex reserves hit $36.2B in November

Des Ferriols
Philippine Star

The country’s foreign exchange reserves bounced back in November to $36.2 billion from $35.7 billion in October, caused by the dramatic increase in gold prices and inflows from government borrowing.

A surge in the price of … Read the rest

Nov 19, 20080

RP hopes to fill up jobs in S. Korea

Veronica Uy
INQUIRER.net

MANILA, Philippines — Even as the global recession is hitting South Korea’s export-dependent factories, the Philippines still hopes to fill 10,000 jobs left unfilled from last year’s employment permit system (EPS), administrator Jennifer Manalili of the Philippine … Read the rest

Nov 15, 20080

RP to end year with small BOP surplus

Des Ferriols
Philippine Star

Despite the steady decline in the country’s balance of payments (BOP), the Bangko Sentral ng Pilipinas (BSP) said yesterday that the year would still end with a small surplus, with remittances from overseas Filipino workers (OFWs) … Read the rest

Nov 8, 20080

RP forex reserves down to $35.7B

Des Ferriols
Philippine Star

The country’s foreign exchange reserves dropped to $35.7 billion in October due to the dramatic decline in gold prices as well as drawdown for debt payments.

Data from the Bangko Sentral ng Pilipinas (BSP) showed yesterday … Read the rest

Oct 8, 20080

GIR down to $36.69 B as of end-September

Des Ferriols
Philippine Star

The country’s international reserves (GIR) declined to $36.69 billion at the end of September from $36.74 billion a month earlier because of foreign debt payments and dollar withdrawals.

The Bangko Sentral ng Pilipinas (BSP) announced yesterday … Read the rest

Sep 19, 20080

Trade deficit seen to reach $13.2 B this year

Des Ferriols
Philippine Star

The country’s trade deficit is seen to balloon to $13.2 billion this year, higher than originally expected, as imports expand much faster due to high oil and commodity prices in the global market.

Revised estimates from … Read the rest

Sep 17, 20080

BOP slips into $54-M deficit in August

Des Ferriols
Philippine Star

The country’s balance of payments slipped into a $54-million deficit in August, trimming the eight-month surplus to $2.022 billion.

Data from the Bangko Sentral ng Pilipinas (BSP) revealed that after recovering in July when the balance … Read the rest

Aug 20, 20080

BOP posts $2.076-B surplus

Des Ferriols
Philippine Star

Easing foreign exchange outflows and a corresponding surge in inflows propelled the country’s net reserves back to a surplus of $142 million in July, reversing the $248-million deficit in June to bring the seven-month surplus to … Read the rest

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