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DoTC says proposed fare hikes in MRT, LRT remain suspended

March 31, 2011

Metro Rail Transit (MRT) and Light Rail Transit (LRT) fares still remain the same at the moment as the implementation date of the proposed fare increase is still undecided, an official of the Department of Transportation and Communications (DoTC) said. Read the rest of this entry »

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MTPDP omitted provisions on ecological protection

March 31, 2011

Environmental groups assailed the recently approved Medium Term Philippine Development Plan (MTPDP) for 2011-2016 released by the National Economic Development Authority (Neda) the other day for supposedly lacking provisions to concretize President Aquino’s social contract with the Filipino people. Read the rest of this entry »

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CBCP returns to negotiating table with Palace execs on RH bill

March 31, 2011

Members of the Catholic Bishops Conference of the Philippines (CBCP) returned to the negotiating table with Palace officials yesterday, more than a month after pulling out from the dialogs initiated by the government, to iron out the differences between the Church and the State concerning President Aquino’s five-pronged Responsible Parenthood (RP) bill. Read the rest of this entry »

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PAL union workers vow to bring outsourcing plan to SC

March 31, 2011

MANILA, Philippines—The Philippine Airlines Employees Association (PALEA) vowed to challenge before the Supreme Court Malacanang’s decision to uphold the outsourcing plan at the national flag carrier. Read the rest of this entry »

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TUCP supplementary statement on the P75 across-the-board wage petition

March 31, 2011

PRESS RELEASE

TRADE UNION CONGRESS OF THE PHILIPPINES                    31 March 2011
TUCP-PGEA Compound, Maharlika cor. Masaya Street, Diliman, Quezon City

For inquiries please contact:
ERNESTO F. HERRERA, PhD, General Secretary
Mobile: 09198621717
ROY SENERES, SR., National Spokesperson
Mobile: 09287886514
RAFAEL E. MAPALO, Director for Education
Mobile: (+63) 9285047052
Tel. No: (632) 9220917 Fax Number: (632) 9219758

TUCP supplementary statement on the P75 across-the-board wage petition
(in response to President Aquino’s statement that when inflation reaches 5%, current wages will be reviewed)

The TUCP is happy that the President of the Philippines has seen the need to increase wages given the rise in prices of petroleum and basic commodities.

It took the President to appreciate that five percent inflation means P20 daily taken away from minimum wage earners. That’s equivalent to one way fare for a worker.  But he cannot go home; kulang na pamasahe. Five percent inflation also means loss of a half kilo of rice every day.

All these years, we have been saying that RTWPBs should automatically review minimum wage rates when inflation reaches five percent.

Sana di makalimutan na it’s not enough to restore lost purchasing power.  Dapat adjustments should include some amounts to increase workers’ standard of living of workers.

Hindi shared ang real growth ng economy with workers and their families.  Hindi inclusive ang economic growth.  All those real gains went to other sectors lang.  Parang sila lang ang anak ng Diyos!

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Bishops retreated on condoms — Malacañang

March 31, 2011

CATHOLIC bishops meeting with President Benigno Aquino III and his Cabinet officials acknowledged for the first time that condoms do not cause abortions, presidential spokesman Edwin Lacierda said Wednesday. Read the rest of this entry »

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Jetro says export firms taking a hit

March 31, 2011

MORE than a fourth of Japanese firms operating in the Philippines have suffered delays in production resulting in the cancellation of orders because of the disaster in Japan, according to the Japan External Trade Organization (Jetro). Read the rest of this entry »

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Controlling oil prices

March 31, 2011

IF it still has escaped your attention, the prices of oil products have already risen 10 times this year. Diesel prices have increased by P7.95 per liter in less than only three months. Kerosene and gasoline rose by an average of P7.30 and P5.30 per liter respectively within the same time period. The recent price increases would seem to surpass the rapid rise in oil prices in 2008 when diesel reached P56 and gasoline topped at around P60. Read the rest of this entry »

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Commercial banks post 31% earnings growth

March 31, 2011

MANILA, Philippines – Earnings of universal and commercial banks operating in the Philippines surged 31 percent despite booking foreign exchange losses amounting to P5.87 billion as 2010 emerged as a banner year for the country’s banking industry on the back of higher interest and non-interest income, data from the Bangko Sentral ng Pilipinas (BSP) showed. Read the rest of this entry »

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Christian churches back reproductive health bill

March 31, 2011

MANILA, Philippines—Not all religious organizations are against the reproductive health (RH) bill in Congress. Read the rest of this entry »