The incoming administration would have to address domestic-industry concerns as the country faces an uncertain global economy.
Countries all over the world are recovering from the impact of a global recession stemming from a financial crisis that began in the US about two years ago. Read the rest of this entry »

FILIPINOS as a whole expect our new president to govern in such a way that more jobs are created and the poor members of society are lifted from their condition.

They expect Mr. Noynoy Aquino to make his administration corruption-free and his campaign slogan “Kung walang kurapsyon, walang mahirap” (No corruption, no poverty) a reality. Read the rest of this entry »

MANILA, Philippines – Europe’s debt crisis would not pose a large risk to emerging markets in Asia, including the Philippines, that have broadened beyond export-led growth and towards domestic demand, economists from leading investment banks said. Read the rest of this entry »

MANILA, Philippines – The Communist Party of the Philippines (CPP) and its armed wing, the New People’s Army (NPA), are facing a split as a result of the recently-concluded national and local polls. Read the rest of this entry »

MANILA, Philippines – Environmental group EcoWaste Coalition yesterday asked the Food and Drug Administration (FDA) to conduct more stringent tests on skin whitening products for traces of mercury.     In a letter to FDA director Nazarita Tacandong, EcoWaste asked the agency to organize random market inspections to detect and eliminate other toxic chemicals such as lead, phthlates, dioxane, formaldehyde, hydroquinone and steroids in personal care products. Read the rest of this entry »

MANILA, Philippines – The United Nations (UN) named yesterday three active insurgent groups in the Philippines as persistent users of child soldiers in armed conflicts and expressed serious concern about national armed forces using children for military intelligence and interrogation purposes. Read the rest of this entry »

MANILA, Philippines – Filipino sailors on foreign ocean-going vessels wired home a total of $888.949 million in the first quarter, up 11.04 percent or $88.414 million from the $800.535 million they remitted over the same three-month period in 2009, the Trade Union Congress of the Philippines (TUCP) reported Sunday. Read the rest of this entry »

MANILA, Philippines – Money sent home by Filipino seamen in the first quarter grew by 11% from a year ago to $888.95 million, but a prolonged economic crisis in Europe could hurt future remittances, the Trade Union Congress of the Philippines (TUCP) said on Sunday. Read the rest of this entry »

Knowing the Philippines well, I’d say Senator Benigno Aquino III faces an impossible task.

He based his campaign on a moral revolution, a return to honesty and decency in government. The people voted for him because they wanted it too. The sympathy they felt for his mother that they transferred to him only added to that. Mind you , “the people” were only 42 percent, there were still 58 percent who thought differently. But the 58 percent was a split vote, 26.7 percent for Joseph Estrada, 15.2 percent for Manuel Villar, 11.2 percent for Gilbert Teodoro and 4.9 percent for others. So the strongest support was for his message. People want an honest government. Read the rest of this entry »

ABOUT 399 colleges and universities have raised matriculation fees for this year, with some going as high as 13 percent for school year 2010 to 2011, the Commission on Higher Education (CHED) said Friday. Read the rest of this entry »