Business Processing Outsourcing BPO Growth in the Philippines
By Jelly Musico Sen.Edgardo Angara urged the government Tuesday to sustain the growth the Information Technology and Business Processing Outsourcing has achieved by allotting more funds for the skills training of the employees in the industry. ”I’m confident the IT-BPO sector will continue to fuel the country’s economy,” said Angara, chairman of the of the [...]
Malnutrition in Davao, Philippines
The National Nutrition Council (NNC) here revealed that malnutrition rate in Davao Region posted 6.2 percent malnutrition prevalence rate last year, setting in the middle of the 14 other regions. NNC regional coordinator Teresa Ungson specifically referred to the local government units (LGUs) of Regions 1-Ilocos, Region 2-Cagayan Valley and Region 3-Central Luzon as top [...]
Applying for Loan and Credit with Land Bank of the Philippines
The Land Bank of the Philippines (LBP) has offered to extend to the Cebu City Government a P2-billion credit line facility to fund its infrastructure projects. Land Bank made the offer following the statement of some city councilors they would not approve the appropriations for infrastructure projects under the proposed P1.147-billion Supplemental Budget (SB) No.2 [...]
Philippine economy is likely to grow 4.2 percent in 2012
The World Bank on Tuesday said the Philippine economy is likely to grow 4.2 percent next year due to the full recovery of public spending and exports. In its latest Philippines Quarterly Update, the Washington-based lender said the country’s gross domestic product (GDP) is projected to grow 4.2 percent next year from an earlier forecast [...]
Lasting peace the Filipinos have been craving for
By Ben Cal A ranking government official on Friday expressed the hope that the 18-day unilateral truce declared by President Benigno S. Aquino III with the communist rebels during the Christmas holiday could be a prelude to a lasting peace the Filipinos have been craving for in over four decades. Alex Padilla, chairman of the [...]
Bonus for Philippine Government Workers
By Joann Santiago The Department of Budget and Management (DMB) has fully released the P11.5 billion allocated for the Productivity Enhancement Incentive (PEI) bonus of all government workers. DBM Secretary Florencio Abad said the funds had been disbursed to all the various government agencies and departments, including state universities and colleges. “Agencies are now responsible [...]
Government Hospitals in Cebu, Philippines
The Cebu Provincial Government will operate four provincial hospitals next year, Provincial Engineer Eulogio Pelayre said. These are the district hospitals in Danao City, Balamban, Bogo City and Carcar City. Pelayre said the provincial government is currently upgrading the Danao City and Balamban hospitals to a 100-bed capacity each. The Bogo District Hospital will follow. [...]
Philippine Budget Deficit for 1st Quarter 2011
A finance official on Tuesday said the government may not reach its P112 billion deficit ceiling in the first quarter this year on account of the continued improvement in revenues. Finance Undersecretary Gil Beltran told reporters they “always assume that we’re on target.” “It’s possible that we’re below the target. Revenues look fine,” he said. [...]
Philippines Economy 2011 Growing and Strong
The Philippine economy is likely to grow by 6.8 percent this year mostly because of election-related spending and the global recovery, the World Bank said. “GDP growth has been stronger than expected, reflective of rapid recovery and election-related spending amidst a strong external position which has led to a sovereign credit rating upgrade in November [...]
Philippine House of Representatives Review
By Lilybeth G. Ison MANILA (PNA Feature) — With just 45 session days covering July to December this year, members of the House of Representatives have filed more than 4,697 measures consisting of 3,916 bills, 781 resolutions, eight concurrent resolutions, and 13 joint resolutions. Of this number, the Lower Chamber has approved 20 bills on [...]