Bad News

Amid economic slowdown, job cuts, top companies give out generous reward to owners

Published by reposted only Date posted on March 30, 2009

TOP companies raised by a fifth the cash reward for their owners last year amid an economic slowdown that has seen more firms slash jobs.

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Qualified college graduates rare – BPOs

Published by reposted only Date posted on March 22, 2009

MANILA, Philippines – Business process outsourcing (BPO) firms are still struggling to find qualified workers from the ranks of graduates of Philippine colleges and universities.

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OFW families are saving more, survey shows

Published by reposted only Date posted on March 18, 2009

MANILA, Philippines – Families of overseas Filipino workers (OFWs) are saving more of their family income as consumers brace against the full impact of the economic slowdown.

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Rich not paying enough taxes, research firm says

Published by reposted only Date posted on January 15, 2009

MOST of the rich Filipinos evade taxes, and many are members of civil society groups preaching compassion and demanding the rule of law, an official said yesterday.

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Filipinos least prepared for retirement, study shows

Published by reposted only Date posted on March 25, 2008

MANILA, Philippines — Filipinos start thinking about retirement early but still end up the least prepared when they actually reach old age, prompting most to seek work past retirement, according to a global retirement study conducted by Paris-based AXA.

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IMF, OECD hit alarm buttons for crisis-hit global financial system

Published by reposted only Date posted on March 17, 2008

PARIS, March 17, 2008 (AFP) – The IMF and OECD, two top world economy forecasters, struck alarmist notes Monday about crisis and threatening stagflation in the financial system and the need for measures to shore it up as markets sent distress signals. Only hours after the US Federal Reserve took emergency weekend action to keep…

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Religious leaders most trusted, politicians least trusted, says study

Published by reposted only Date posted on January 18, 2008

FILIPINOS trust their religious leaders more than politicians and would probably elect them.

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Filipinos have low financial IQ, says Citibank

Published by reposted only Date posted on

FILIPINOS are not financially savvy enough to help them tide over rough times and plan for a comfortable retirement, a survey by Citibank N.A. showed.

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Pinoys waste P22 M worth of rice every day – study

Published by reposted only Date posted on

BAGUIO CITY – Filipinos are big “rice wasters.” The National Food Authority (NFA) said at least 25,000 sacks of rice amounting to about P22 million are wasted daily.

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Woman says she got cancer from dad exposed to asbestos

Published by reposted only Date posted on February 16, 2007

LONDON – A British woman who claims she contracted cancer from hugging her father, who worked with asbestos, is suing the Ministry of Defence for 75,000 pounds ($146,000).

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TUCP to presidential hopefuls; the country needs a break from tradition

Published by anna Date posted on March 21, 2004
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