Monthly Archives: March 2009

Palace subsidy program to offset rice price hikes

Published by reposted only Date posted on March 31, 2009

Malacañang yesterday expressed optimism the price of rice would remain affordable throughout the year even as it assured the people of its readiness to implement a contingent rice-subsidy program to soften the impact of a sharp rise in the price of the country’s staple crop.

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RP team bags awards in int’l robot tilt

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MANILA, Philippines—With few resources, guts and vision, the Philippine Science High School team sent to the regional FIRST Robotics Competition (FRC) in Hawaii bagged two awards, besting over two dozen teams.

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RP gov’t websites vulnerable to hacking

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MANILA, Philippines—Without a nationwide cybersecurity program to keep hackers at bay, government websites in the Philippines are vulnerable to computer attacks, an official of the National Computer Center (NCC) said Monday.

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How one Filipino company practices corporate social responsibility

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BUSINESS ethics call for corporate social responsibility (CSR) where public interest is given top priority. One Filipino company has been showing the business world the way to do it, and it’s not just through talk, but through action.

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Sleep problems linked to suicide

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The reason for the link is unclear . Adults who suffer chronic sleep problems may be more likely to try to commit suicide, US research suggests.

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Japan ready to hike production

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(Bloomberg) — Japanese companies cut inventories at an unprecedented pace in February and said they would increase production in coming months, indicating the worst of the country’s manufacturing slump may be over.

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Grieving for lost love (Part 2 of 4 parts)

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For more than 40 years, I have been counseling lovers and troubled married people. Rarely do they come to me with questions about how to make a healthy relationship more solid. Just as few people are interested in seeing a doctor about how to live a healthy lifestyle, neither are couples apt to see a…

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Manila Water to spend more if govt extends contract

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Ayala-led Manila Water Co., Inc. plans to increase its capital expenditures in the East Zone concession of Metropolitan Waterworks and Sewerage System (MWSS) if it would be granted an extension in its contract.

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NGO pushes for review of Philippines’ external trade policies

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FAIR Trade Alliance called on the Department of Trade and Industry (DTI) to review the country’s current external trade policies in light of the global slowdown.

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Government increases stake in MRT3

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The government, through Land Bank of the Philippines and the Development Bank of the Philippines (DBP), has increased its stake in the company running Metro Rail Transit Line 3 (MRT) to give it elbow room in expanding line while saving millions of dollars in equipment rental.

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Oil firms agree to weekly price adjustments

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OIL companies have agreed to adjust fuel prices on a weekly basis and to again open their books in an apparent bid to qualm growing public clamor against recent price hikes at the pump, the Department of Energy (DOE) said.

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CHR slams Davao City officials for failing to address vigilante killings

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COMMISSION on Human Rights (CHR) Chairperson Leila de Lima on Monday slammed the local government of Davao City for failing to address the unabated string of vigilante killings since 1998 in the city.

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Preneed firms should account for windfall from forfeited plans

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The Trade Union Congress of the Philippines (TUCP) urged regulators to compel pre-need companies to account for the estimated billions of pesos they hoarded from lapsed and forfeited plan contracts as well as in-force plans voluntarily surrendered by investors.

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Medical tourism in RP grew in first half of 2008

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Medical tourism in the Philippines performed better in the first quarter than in the same period last years despite the global financial crisis, an official from the Department of Tourism (DOT) revealed on Monday.

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53 firms welcome back retrenched workers

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Over 14,000 Filipino workers who were temporarily laid off and those hit by the flexible working hours as an effect of the global financial crisis have now gone back to regular employment, the Department of Labor and Employment said in a statement Monday.

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NorthRail to require substantial subsidies

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The government is likely to cough up millions of dollars in subsidies for the operation of Chinese-funded North Luzon Railway until 2028, according to a government document.

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World Bank predicts 4% dip in remittances

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World Bank said remittances by overseas Filipino workers (OFWs) are likely to post a modest drop this year because of job lay offs, as it cited a larger basis for the projected remittances that included non-cash flows.

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G20 summit battles to save world economy

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LONDON (AFP) – The 20 world leaders heading for a London summit this week on how to save the global economy are fighting off talk of an inter-continental split even before they sit down for talks.

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Worker electrocuted in Tondo

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MANILA, Philippines – A 28-year-old construction worker suffered third-degree burns all over his body after he was electrocuted in a freak accident in Tondo, Manila Sunday, police reported yesterday.

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Papua New Guinea seeks RP’s support on bid for Asean membership

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MANILA, Philippines – Papua New Guinea Prime Minister Michael Somare yesterday asked President Arroyo to support his nation’s bid for membership in the Association of Southeast Asian Nations (ASEAN).

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Proposed transition government unconstitutional – Biazon

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MANILA, Philippines – Sen. Rodolfo Biazon rejected yesterday a proposal of National Security Adviser Secretary Norberto Gonzales to establish an interim transition government after the 2010 election.

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GMA orders AFP, PNP to support CHR probe on unexplained killings

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MANILA, Philippines – President Arroyo has ordered the Philippine National Police and the Armed Forces of the Philippines to cooperate and give their full support to the Commission on Human Rights (CHR) in its probe of unexplained killings in Davao City.

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Consumer & Oil Price Watch’s petition for judicial intervention opposed

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MANILA, Philippines – Two of the country’s biggest oil firms are opposing the petition of the Consumer & Oil Price Watch (COPW) for “judicial intervention” in the investigation into the alleged cartel in the industry.

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‘US newspapers in trouble; worst yet to come’

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WASHINGTON – Newspaper ad revenues in the United States have fallen 23 percent in the last two years and because of the recession 2009 may be the worst year yet, said an annual report on the health and status of American journalism.

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Employment situation to get better in 3 months – DOLE

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MANILA, Philippines – Workers nationwide can look forward to better days, the Department of Labor and Employment said yesterday.

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Social Weather Stations bares top 4 choices for president

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MANILA, Philippines – If the presidential elections were held today, it would be a tight four-way race among Vice President Noli de Castro, Senators Manny Villar, Loren Legarda and Francis Escudero, according to a recent survey by the Social Weather Stations (SWS).

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Kidnap incidents on the rise – Ang-See

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MANILA, Philippines – Incidents of kidnapping for ransom rose sharply in the first quarter of the year and some of the victims were foreign nationals, according to an anti-crime movement.

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Department of Energy sets new audit of oil firms’ books

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MANILA, Philippines – The Department of Energy (DOE) will conduct another audit of the 2008 books of all oil companies.

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Convergys to open 3 more call centers in RP

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MANILA, Philippines – Business process outsourcing (BPO) firm Convergys will open three of the five call centers in the pipeline for its expansion plan in the Philippines, the company said yesterday.

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January-February budget deficit doubles to P67 billion

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MANILA, Philippines – The National Government’s budget deficit more than doubled to P67 billion during the first two months of the year from the P32.9 billion recorded in the same period last year, Finance Secretary Margarito Teves announced yesterday.

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Time for a new gender-equality playbook

The old one isn't working. We need bolder leadership and MORE EXACTING EXECUTION
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