philippine news

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

NGO: 781 OFWs lose jobs in Taiwan (POEA urged to disallow contract recycling)

Veronica Uy
INQUIRER.net

MANILA, Philippines — At least 781 overseas Filipino workers (OFWs) have been laid off in Taiwan and returned to the country since September after their employers started declaring bankruptcy or retrenching workers as the global financial crisis … Read the rest

Peso seen back to 45:$1 next year

Des Ferriols
Philippine Star

The Philippines would benefit the most from the decline in commodity prices, with the peso expected to bounce back to the 45 to $1 level by mid 2009 as the balance of payments recovers despite the … Read the rest

Government setting aside P5-B subsidy for 2009; JV seeks probe of doleouts

Jess Diaz
Philippine Star

The government is setting aside P5 billion in the 2009 national budget to continue its cash subsidy program for poor families.

Social Welfare Secretary Esperanza Cabral told a House appropriations committee hearing that her agency will … Read the rest

Civilian killings not reported, says CHR

Manila Times

The chairman of the government’s rights watchdog on Wednesday said civilian deaths had gone unreported from fighting between government troops and rebels in southern Philippines.

At the same time, Leila de Lima of the Commission on Human Rights … Read the rest

Savings from tax-perk bill earmarked for govt infra

Likha C. Cuevas
Manila Times

SAVINGS expected from the passage of a bill cutting the type and amount of tax incentives granted investors will be set aside for the Philippine government?s infrastructure spending program.

Senate Bill 2411, or the proposed … Read the rest

Electronics-led exports post double-digit growth in June

Euan Paulo C. A?onuevo
Manila TImes

PHILIPPINE exports hit double-digit growth for the fifth consecutive month in June on the back of another strong performance from electronics and the uptick in all major commodities.

In a report, the National Statistics … Read the rest

June exports surged 21%

Roderick T. dela Cruz
Manila Standard

Merchandise exports grew at a double-digit rate for the fifth consecutive month in June, buoyed by robust demand for such items as copper cathodes, garments, and petroleum products.

The National Statistics Office yesterday said … Read the rest

Foreign investments hit $244m

Eileen A. Mencias
Manila Standard

Foreign direct investments jumped to $244 million in May from zero year-on-year as improving macroeconomic fundamentals, higher economic growth and better-than-expected fiscal performance boosted investor confidence, the Bangko Sentral ng Pilipinas said in a statement … Read the rest

Face Reality

Peter Wallace
Manila Standard

IT?S TIME the government stopped pandering to populist pressure instead of trying to explain to the people why a particular decision or policy may seem tough now but is necessary and, ultimately, in their best interest. … Read the rest

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