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Self-rated poverty surges by 2 M families – SWS

May 4, 2012

MANILA, Philippines – The number of Filipino families who consider themselves poor grew by two million in the last three months, a survey by the Social Weather Stations (SWS) revealed. Read the rest of this entry »

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Pinoys, mostly women, remain lowly paid – ILO

April 26, 2012

MANILA, Philippines – The number of lowly-paid Filipino workers, mostly women, continues to rise despite economic improvements, the International Labor Organization (ILO) reported yesterday.

According to the ILO, lowly-paid workers increased by 14.5 percent as more women took on low-paying jobs. Read the rest of this entry »

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Asia urged to close income gaps

April 26, 2012

The International Labor Organization (ILO) has urged the Philippines and other countries in Asia to address rising income disparities and social exclusion as the region faces growing uncertainty due to decreasing export demands and devastating impacts of disasters. Read the rest of this entry »

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Asia urged to close income gaps

April 25, 2012

The International Labor Organization (ILO) has urged the Philippines and other countries in Asia to address rising income disparities and social exclusion as the region faces growing uncertainty due to decreasing export demands and devastating impacts of disasters. Read the rest of this entry »

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ILO reveals low pay iN PH

April 25, 2012

MANILA, Philippines – A study released by the International Labor Organization (ILO) revealed that 15 per cent of employees in the Philippines are lowly paid, lower than what Cambodians and Indonesians are receiving.   Read the rest of this entry »

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WB: Phl a model for cash transfer

April 21, 2012

WASHINGTON – The World Bank (WB) has tagged the Philippines as a model in providing a social safety net that cushions the impact of global financial and economic problems. Read the rest of this entry »

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Inequality, poverty and our oligarch

April 17, 2012

IT has been 44 years since the late Nobel Lauriate Gunnar Myrdal finished his monumental 10-year study Asian Drama: An Inquiry into the Poverty of Nations. That tome helped re-arrange the thinking of world leaders about poverty and in particular poverty in Asia. It boosted government policymakers in rich and poor countries alike, and in the United Nations, who were pushing their brands of anti-poverty programs. Read the rest of this entry »

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Inclusive growth in Philippines? Not with BPO, remittances

April 12, 2012

MANILA, Philippines – Unless the government supports policies that promote a more robust manufacturing sector, the Philippines has a long way to go to achieve inclusive growth, the Asian Development Bank (ADB) said in a recent report.   Read the rest of this entry »

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ADB: Rising income inequality a threat to Asia’s growth

April 11, 2012

MANILA, Philippines – Developing Asia’s rapid growth in recent years has given rise to a widening rich-poor divide that threatens to undermine the region’s growth and stability, but governments can address the problem via shifts in spending priorities, the Asian Development Bank said. Read the rest of this entry »

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Remittances, inclusive growth

April 3, 2012

The Philippines has been quite successful in taking advantage of opportunities offered by the global labor markets probably more than have many other developing countries. Thanks to its wide bench of human capital formed by prior decades of investment in education which, in turn, had been motivated by the value Filipino families ascribe to schooling. Read the rest of this entry »