In the current world financial crisis, businesses are beleaguered to lessen their expenditure without sacrificing quality. In this sense, information technology (IT) organizations must meet demanding user expectations and superior levels of performance, while IT budgets stay essentially flat. This is why businesses need to realign their IT strategy to find a balance between maximizing storage utilization, containing costs and maintaining service level. Read the rest of this entry »
‘Put storage on a diet’
August 31, 2009
GSIS distributed P15.20-B pension benefits in 2008
August 31, 2009
The Government Service Insurance System (GSIS) released P15.20 billion in pension benefits in 2008, conveniently disbursing bulk of the amount through a pioneering service called eCard Plus. Read the rest of this entry »
The Department of Transportation and Communications (DoTC) has warned that granting the wish of foreign shipping firms to be excluded in the cabotage law could result in the death of the local shipping
August 31, 2009
The Department of Transportation and Communications (DoTC) has warned that granting the wish of foreign shipping firms to be excluded in the cabotage law could result in the death of the local shipping industry, similar to what happened in Indonesia. Read the rest of this entry »
Job market in Guam to get smaller for Pinoys
August 31, 2009
Filipino workers may soon have a hard time landing any of the thousands of job openings in Guam due to a US lawmaker’s recent proposal for 70 percent of the employment opportunities in the American territory to be allotted to US citizens and the rest to be filled by foreign workers. Read the rest of this entry »
Flat incomes raise doubts about US economic recovery
August 31, 2009
WASHINGTON — Household income in the United States is essentially stagnant, raising doubts about whether consumers already hurt by job losses can sustain an economic recovery. Read the rest of this entry »
BPI donates foreclosed lands to boost agrarian reform program
August 31, 2009
MANILA, Philippines – Ayala-controlled Bank of the Philippine Islands (BPI), one of the country’s biggest lenders, has voluntarily turned over 475 hectares of foreclosed properties worth about P242 million to the government. Read the rest of this entry »
Senseless lives lost on the roads
August 31, 2009
Yes, there is a law that stipulates in plain and simple words that there are speed limits to be observed when driving a vehicle. But heck, who exactly wants to follow these. Driving, or crawling, on EDSA and C-5 can make these speed limits irrelevant. Read the rest of this entry »
Reyes douses cold water on calls to regulate oil retailers
August 31, 2009
DESPITE mounting calls for regulation of the retail petroleum sector, Energy Secretary Angelo Reyes stood behind the law giving oil companies a free hand in setting fuel prices.In a statement, the Department of Energy (DOE) said Republic Act 8479, or the Downstream Oil Deregulation Act of 1998 is working for the country and that the law has created a healthy competitive environment in the industry in terms of “prices, quality of products and services, and more importantly, improved availability of access to supply.”
The said legislation was passed over a decade ago to help spur competition and remove government subsidies at the pump, which was then controlled l by the so called “Big 3” of Petron Corp., Pilipinas Shell Petroleum Corp. and Chevron (formerly Caltex) Philippines Inc. Read the rest of this entry »
NEDA predicts even higher growth in Q3
August 31, 2009
The National Economic and Development Authority (NEDA) predicted that economic growth would improve in the third quarter because of robust consumer spending and a healthier retail sector. Read the rest of this entry »
Promoting sustained economic recovery through a Global Jobs Fact
August 31, 2009
