philippine news

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

Jobless workers return home (An uncertain future brews)

Cecil Morella
Agence France-Presse

Filed Under: World Financial Crisis, Labor, Economy and Business and Finance, Overseas Employment, Economic Indicators

ANGONO, Philippines — Americans were already defaulting on home payments when Gertrudes Capili mortgaged her modest farm near Manila to help … Read the rest

Ex-call center workers file complaint

Cebu Daily News

CEBU CITY, Philippines – Eight call center workers who lost their jobs a few days before Christmas have filed a complaint of illegal dismissal against the company before the National Labor Relations Commission in Central Visayas (NLRC-7).… Read the rest

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 to … Read the rest

Jobless rate improves to 6.8% in October

Reuters
Inquirer.net

MANILA, Philippines — More people landed jobs in October despite the global financial crisis as the jobless rate fell to 6.8 percent in October from 7.4 percent in July.

The percentage of underemployed or those who have jobs … Read the rest

Call center hiring continues–TUCP

Jerome Aning
Philippine Daily Inquirer

MANILA, Philippines–Despite the lingering global economic crisis, major Philippine business process outsourcing (BPO) providers, mostly contact center operators, have been aggressively recruiting new staff, a labor group said on Sunday.

According to a survey by … Read the rest

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

Survey: OFWs don’t trust OWWA

Kristine L. Alave
Philippine Daily Inquirer

MANILA, Philippines—Overseas Filipino workers (OFWs) view the government Overseas Workers Welfare Administration (OWWA) with distrust and are largely uninformed about what the agency is supposed to do for them, a survey by a migrant … Read the rest

IDC sees growth in outsourced services

Alexander Villafania
INQUIRER.net

MANILA, Philippines — Despite a looming economic slowdown across Asia Pacific, International Data Corporation (IDC) said IT services market would remain healthy.

IDC also said the IT services market would grow to US$49.4 billion by 2009, according … Read the rest

WV workers get P15 hike in minimum wage

Marty Go
ABS-CBN News Negros

A sugar cane worker in Negros Occidental

The Department of Labor and Employment (DOLE) has approved a P15 hike in the daily salary of minimum wage earners in Western Visayas as it issued Wage Order … Read the rest