MANILA, Philippines – One of the world’s most respected personal finance advisers is urging Philippine banks to put a cap on increasing the credit limit of their card holders. Read the rest of this entry »
Cap urged on hike in credit card limit
February 28, 2012
Protected:
February 28, 2012
SSS, GSIS urged to apply ‘Swiss challenge’ on deals
February 28, 2012
To get the best prices, the Social Security System and Government Service Insurance System should submit to a Swiss challenge all unsolicited offers to purchase their marketable securities, the Trade Union Congress of the Philippines said in a press release. Read the rest of this entry »
Subject SSS, GSIS holdings to challenge—labor group
February 28, 2012
Dismayed by audit reports showing the Social Security System (SSS) and Government Service Insurance System (GSIS) may not have gotten the best deal for their members when they sold their Meralco holdings for only P90 per share, the country’s biggest labor union proposed that the two state pension funds submit their marketable securities to a “Swiss challenge.” Read the rest of this entry »
Millions of children in cities face poverty and exclusion – UN report
February 28, 2012
Hundreds of millions of children in cities across the world are growing up in poverty and enduring deprivation, according to a report unveiled today by the United Nations, spotlighting social exclusion and calling for measures to give the youngsters access to basic services and opportunities for a better future. Read the rest of this entry »
Tesda sees 5.3-M contribution to skilled labor force by 2016
February 27, 2012
MANILA, Philippines — By 2016, a total of 5.3 million certified graduates are expected to join the labor sector as the Technical Education and Skills Development Authority (TESDA) continues to pursue its goal of becoming the country’s prime provider of quality technical-vocational education. Read the rest of this entry »
Tainted Metro Manila air threatens residents
February 26, 2012
The Department of Health on Friday warned the public of health risk of air pollution as the cases of respiratory diseases are steadily increasing in Metro Manila, frittering away some P52 million in 2006 and eating up as much as P910 million in health costs. Read the rest of this entry »
Shoddy mining tainted Palawan
February 26, 2012
NICKEL mining operations in Palawan have already contaminated a river system with unsafe levels of carcinogenic or cancer-causing chemicals, Filipino and Japanese environment groups today revealed.
In a press conference in Quezon City, environment activists from Friends of the Earth Japan (FoE-Japan) and the Kalikasan People’s Network for the Environment (Kalikasan PNE) presented findings from an environmental field research study conducted in a river located downstream near the Rio Tuba Nickel Mining Corporation’s (RTNMC) mining operations and the Coral Bay Nickel Processing Plant’s operation. Read the rest of this entry »
13th month pay given to rank-and-file employees
February 26, 2012
Dear PAO,
I am a manager in a company and I just want to clarify if it is true that any managerial positions are not entitled to a 13th month pay under PD 851? What are the legal bases on this? However, in my previous job which I was also a manager for 4 years I was receiving my 13th month pay every year. Please enlighten me on the matter.
B. Pepino Read the rest of this entry »
DOLE promoting farming and other agri-courses
February 26, 2012
MANILA, Philippines – The Department of Labor and Employment (DOLE), in a bid to resolve the country’s high unemployment rate, is now encouraging graduating students to get into farming and other agriculture-related courses. Read the rest of this entry »
