Monthly Archives: November 2009

Worst seen over for Semicon industry

Published by reposted only Date posted on November 30, 2009

MANILA, Philippines—After suffering quarter after quarter of volume and revenue declines, the worst may finally be over for the global semiconductor industry, according to research firm iSuppli Corp. While the year was still seen to close on a low note, iSuppli senior vice president Dale Ford said full-year results would likely be better than originally…

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Simple steps to save Filipino newborns

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We are seeing of late a push to save more of our babies that are being born. This is because experts see a risk that newborn mortality, which has been on the level at 17 deaths per 1,000 since 1998, may revert upwards and ultimately affect our Millennium Development Goals for 2015.

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Moderate Q3 growth gives BSP room to keep low rates – Citigroup

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MANILA, Philippines – American banking giant Citigroup said the lower-than-expected economic growth registered in the third quarter of the year gives monetary authorities leeway to maintain its current policy stance.

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Credit card receivables up 4.6% to P130.2 billion

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MANILA, Philippines – More and more consumers are turning on to their credit cards instead of using cash to pay for goods or services, data from the Bangko Sentral ng Pilipinas (BSP) showed. BSP data showed that credit card receivables of universal, commercial, and thrift banks went up by 4.6 percent to P130.2 billion from…

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Unsettling

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Like all other human institutions, the Supreme Court (SC) is also imperfect and liable to make a mistake. Hence when it reconsiders a previous decision which is presumed to have been made after utmost research and careful deliberation, it is usually a good and reassuring sign of its humility in admitting and correcting a mistake.

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Peza trying to save jobs of 800 SS Ventures workers

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MARIVELES, Bataan—The Department of Labor and Employment (DOLE) said representatives of the Philippine Export Zone Authority (Peza) are currently working out a way to keep local shoe-manufacturer SS Ventures International Inc. (SSVII) from shutting operations by year-end by finding another major client.

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Psychological first aid

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There is such a thing as a honeymoon phase in disaster response. Remember the overwhelming bayanihan spirit that swept the nation just after the onslaught of tropical storm Ondoy and after that, typhoons Pepeng and Santi? Images we saw on television and our own experiences, or those of people we actually knew, prompted Filipinos to…

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Teodoro, wife dump population control bill

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ADMINISTRATION standard-bearer Gilberto Teodoro and his wife, Tarlac Rep. Monica Louise Prieto-Teodoro, have withdrawn support for the reproductive health bill, saying it does not address the problem of poverty.

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Construction sector bullish on growth prospects

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The construction industry is optimistic about its growth prospects amid sustained activities brought by the reconstruction of infrastructure damaged by storm Ondoy and typhoon Pepeng, as well as election spending next year.

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Holidays abroad popular again despite downturn: survey

Published by reposted only Date posted on November 29, 2009

SINGAPORE – Going on holiday is back on the cards again despite the recession, with a global survey showing one in 5 people plan to travel overseas, even if it’s largely within their region.

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ADB presses RP to adopt steps vs climate change

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MANILA, Philippines – The Asian Development Bank (ADB) has underscored the need for the Philippines to adopt more measures to mitigate global climate change.

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Too many unemployed Filipino Americans

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CALIFORNIA, United States—The unemployment rate in the United States rose to 10.2 percent last month, the highest recorded since April 2003. There are now 15.7 million unemployed based on a US Department of Labor report.

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Asean human rights body should monitor Maguindanao probe

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SAYS HUMAN RIGHTS GROUP MANILA, Philippines—The newly created Asean Inter-governmental Commission on Human Rights, together with the Commission on Human Rights of the Philippines, should monitor the way the Philippine government handles the investigation into the Maguindanao massacre.

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Gibo, Edu say their platform will include workers’ welfare

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CEBU, Philippines – The administration candidates, presidential aspirant Gilberto “Gibo” Teodoro and his running mate actor Edu Manzano yesterday assured the officials of the Associated Labor Unions-Trade Union Congress of the Philippines that their platform of government will include the issues concerning the workers.

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American collared for abusing partner

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BUTUAN CITY , Philippines  – For allegedly calling his Filipina live-in-partner “prostitute, thief and a liar,” an American national was arrested by Surigao City police on Tuesday morning after complaints of violation of RA 9262 otherwise known as Anti-Violence law Against Women and Children was filed against the American.

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Dubai’s problems cast shadow over Gulf region

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DUBAI, United Arab Emirates (AP) – For years, Dubai seemed unstoppable, an oasis of excess boasting indoor ski slopes and manmade islands, the world’s tallest tower and dreams that reached even higher.

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ADB presses RP to adopt steps vs climate change

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MANILA, Philippines – The Asian Development Bank (ADB) has underscored the need for the Philippines to adopt more measures to mitigate global climate change.

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Syphilis skyrockets, diagnosis delayed in HIV-positive men

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The diagnosis of syphilis is often delayed in HIV-positive patients, as it is characterized by a wide range of symptoms that may not be recognized as infection with Treponema pallidum, according to the division of international medicine and infectious diseases, Cornell University, New York.

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2 Pinoys top Asian photo contest on climate change

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MANILA, Philippines – Two Filipinos have again won honors for the country. Nikki Sandino Victoriano of Antipolo City won first prize in an Asian photography contest focused on climate change sponsored by a regional center of the Southeast Asian Ministers of Education Organization (SEAMEO).

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Government to set HR probe standards

Published by reposted only Date posted on November 28, 2009

MANILA, Philippines – The government will set standards in probing human rights violations.

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Effective human rights program needed

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MANILA, Philippines – Commission on Human Rights chairperson Leila M. de Lima encourages all cause-oriented groups, non-government organizations, peo-ple’s organizations, the academe and other sectoral organizations to support the creation of a new and effective Human Rights program.

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Banks account for 76% of remittances

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Banks facilitated only about 76 percent of total cash remittances sent by Filipino workers overseas to the Philippines last year, according to the 2008 Survey on Overseas Filipinos.

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GSIS ready to face Senate probe on pension disbursement schedule

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MANILA, Philippines – The Government Service Insurance System (GSIS) said it is willing to face a Senate inquiry regarding its pension disbursement schedule.

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Dubai debt crisis raises financial turmoil fears

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HONG KONG (AP) — The fallout from Dubai’s debt crisis rippled across the globe Friday, raising concerns of another wave of financial turmoil and showing how vulnerable the world economy remains despite signs of recovery.

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Unemployment insurance? A Studied View from TUCP

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1. There are close to 3 million unemployed in the Philippines in any given time.  Co-existing with one million vacancies waiting to be filled. One third of unemployment could be remediated by proper employment facilitation, or job matching if you prefer, and by skills development or upgrading.

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UN to Asia: Be ready for harsher impacts of climate change

Published by reposted only Date posted on November 27, 2009

MANILA, Philippines—Asian countries have to be more resilient to the expected harsher impacts of climate change, a ranking United Nations official told Asian Ministers, asking them to include adequate climate change adaptation responses in their development programs.

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Not a cool idea: WWF raises alert on planned coal

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wait 2 secs to reload the imageWITH the historic Copenhagen climate talks just weeks away, the Philippines—tempered by a recent spate of destructive typhoons—is poised to go green with the recent passage of the Philippine Climate Change Act of 2009 (RA 9729) and the Renewable Energy Act of 2008 (RA 9513).  The fight begins at…

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Global Unions Statement of Priorities for the 7th WTO Ministerial Conference

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Final_-_Statement-WTO-19-11-09

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IMF sees payments surplus at $6 billion

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MANILA, Philippines – The International Monetary Fund (IMF) sees the country’s balance of payments (BOP) surplus surging to $6 billion this year from $89 million last year due to the impact of the global financial crisis.

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Economy ekes out 0.8% growth in Q3

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MANILA, Philippines – The economy, as measured by the country’s gross domestic product (GDP), grew by a meager 0.8 percent in the third quarter of the year from 4.6 percent recorded a year ago and slower than the official forecast range for the period of 1.6 percent to 2.6 percent, the National Statistical Coordination Board…

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