Small and medium enterprises (SMEs) in developing countries like the Philippines have been hit hard by the global financial crisis because of their smaller capitalization and limited access to credit, according to the International Labor Organization (ILO). Read the rest of this entry »
SMEs in Asia feeling heat from crisis
February 19, 2009
IMF cuts RP growth forecast, warns of fiscal blowout
February 19, 2009
THE Philippines is likely to incur a bigger budget deficit for this year than what the government has programmed due to weak revenue collection and high expenditures, the International Monetary Fund (IMF) said Wednesday. Read the rest of this entry »
MMDA (traffic, garbage and smoke-belching)
February 19, 2009
TUCP monitors MMDA in its traffic, garbage, and anti smoke-belching operations in line with its commitment in the National Socio-Economic Summit. Read the rest of this entry »
Church a hindrance to family planning
February 19, 2009
MANILA, Philippines—Six out of 10 Manila residents think the Catholic Church is interfering with government policies on reproductive health and family planning, a recent survey by the private polling firm Social Weather Stations (SWS) said. Read the rest of this entry »
Gov’t think-tank sees ’09 growth at 4.3%
February 19, 2009
The Philippine economy as measured by the gross domestic product (GDP) will grow 4.3 percent this year even if the global financial crisis worsens, a government development think-tank said. Read the rest of this entry »
SWS: 86% of Metro Manila residents back RH bill
February 19, 2009
MANILA, Philippines – A recent survey by the Social Weather Stations (SWS) showed that 86 percent of Manila residents support a law on reproductive health (RH). Read the rest of this entry »
The geological hazards of the Bataan Nuclear Power Plant
February 19, 2009
(First of a series)
Introduction
The Bataan Nuclear Power Plant (BNPP) that President Ferdinand Marcos had built on Napot Point at the seacoast in the Bataan town of Morong has an unacceptably high risk of serious damage from earthquakes, volcanism, or both, should it be activated in accordance with a bill currently being considered by the House of Representatives. Read the rest of this entry »
RP economy to slow sharply this year – IMF
February 19, 2009
MANILA, Philippines – The country’s economic growth is set to slow sharply this year as the economy faces “strong head winds” from falling global demand and a drop in remittances from Filipinos working abroad, the International Monetary Fund (IMF) said yesterday. Read the rest of this entry »
7.2 million may lose their jobs
February 19, 2009
ASIA is likely to have 7.2 million more jobless people in 2009 than last year due to fallout from the global economic crisis, raising the region’s jobless rate to 5.1 percent, the International Labor Organization said Wednesday. Read the rest of this entry »
Govt spending P83b to create 900,000 jobs by March
February 19, 2009
THE government will spend P82.79 billion on infrastructure within the first quarter to spur economic growth and create 900,000 jobs, Executive Secretary Eduardo Ermita said yesterday. Read the rest of this entry »
