Displaying all posts for Economy

Pinoy nurses say they are underpaid

Image for Pinoy nurses say they are underpaid

By Gloria Jane Baylon – Gov’t nurses demand implementation of P16,093 minimum base pay. A hundred Philippine nurses, representing mostly public health institutions, today demanded that government immediately implement the monthly minimum base pay for nurses of not lower than P16,093, stressing this much is required under Republic Act 9173, Read more »

Philippine firm brings old WWII jeeps back to life

Image for Philippine firm brings old WWII jeeps back to life

MANILA (AFP) — The rugged Willy Jeep has been given a new lease of life by a small factory in Manila reproducing the iconic World War II vehicle for a growing international market nostalgic for the past.

Philippines feels the pinch of dollar’s decline

Image for Philippines feels the pinch of dollar’s decline

Many here rely on remittances from overseas relatives, and the dollar’s slide against the peso has forced some people to cut back, with private education the first to go. By Bruce Wallace, Los Angeles Times MANILA — The U.S. dollar has always been king down by the docks on Manila Read more »

RP in mad scramble for world’s rice supply

Image for RP in mad scramble for world’s rice supply

The Philippines is left with no other choice but to buy whatever rice is available in the world market — even at a higher price. This is to ensure that there’s enough rice supply for the 88.57 million Philippine population, former Agriculture Secretary Senen Bacani said in an interview in Read more »

Washington Post Faults Catholic Church Teaching for Filipino Poverty

Image for Washington Post Faults Catholic Church Teaching for Filipino Poverty

By Matthew Balan The day after Pope Benedict XVI departed the U.S. after a six-day visit, Blaine Harden of the Washington Post lamented the Catholic Church’s influence in the Philippines, specifically, the government of Philippines “acceding to Catholic doctrine” by “supporting only what it calls ‘natural’ family planning,” rejecting “modern Read more »

US pledges rice supplies to Philippines

Image for US pledges rice supplies to Philippines

Bloomberg Singapore – The US vowed to supply the Philippines, the biggest buyer of rice, with as much as it needs after some of the world’s largest exporters cut sales to safeguard domestic supplies. “You are assured absolutely,” Kristie Kenney, ambassador to the Southeast Asian country, told reporters in Bataan Read more »