Filipino is new UN official for internal oversight

MANILA (Mabuhay) — A Filipino has been given the go-signal to lead the United Nations Office of the Internal Oversight Services (OIOS) for a five-year non-renewable term. In a statement, United Nations Secretary-General Ban Ki-moon welcomed the action by the General...

Joker Arroyo’s passing a ‘shocker’

MANILA, Oct 7 (Mabuhay) – Former Senator Joker Arroyo died on October 5 following an unsuccessful heart operation in the United States, former Senator Rene Saguisag confirmed. Saguisag described Arroyo’s passing as a “shocker,” noting he did not know that Arroyo was brought to...

EL Niño, global weakness prod ADB to cut PHL growth forecast

MANILA, Sept 22 (Mabuhay) — The Asian Development Bank (ADB) revised its growth forecast for the Philippine economy this year amid a slowdown in major industrial economies and China and the impact of El Niño. The Manila-based multilateral lender expects the Philippine gross...

VP Binay: Education not given priority due to favorite programs, junket

BACOLOD (Mabuhay) – Vice President Jejomar Binay criticized government spending Saturday, saying the administration has not given priority to education due to programs of “favorite leaders and friends including the junket in ITLOS in Hague.” In his keynote speech at the 69th...

President Aquino to witness signing of Philippine-Japan maritime safety agreement

TOKYO, Japan, June 2 (Mabuhay) — President Benigno S. Aquino III will witness the signing of the contract on the turnover of 10 patrol boats to the Philippine Coast Guard during his state visit here, Philippine Ambassador to Japan Manuel Lopez has said. The tie-up is...

ADB further trims 2014 PHL growth estimates on weak gov’t spending

MANILA (Mabuhay) – The Asian Development Bank (ADB) has further lowered the growth outlook for the Philippines this year while downgrading economic forecast in most Southeast Asian countries, saying the momentum has slowed down. In a supplement to its Asian Development Outlook...

DOF: Easing inflation to boost PHL growth

MANILA (Mabuhay) – The slowdown in inflation in September will help boost the country’s economic growth in the second semester of the year, Finance Usec. and Chief Economist Gil Beltran said Thursday. Beltran said the easing inflation allows the Bangko Sentral ng Pilipinas (BSP)...

ADB lowers PHL growth forecast in 2014, 2015 due to inflation, gov’t spending

MANILA (Mabuhay) – The Asian Development Bank (ADB) has lowered the growth outlook for the Philippines, citing a slowdown in government spending, higher inflation and monetary tightening, all of which may dampen economic activity. In the latest edition of Asian Development...

Better quality standards await tourists in PHL

Travelers to the Philippines will soon be guided with a globally-accepted quality standards for tourism enterprises. Starting this May 2014, international accommodation assessors will be testing the quality standards introduced by the Department of Tourism (DOT) in 2013 to ensure...

Baldoz calls for closer cooperation in building strong labor market information system

MANILA (Mabuhay) − Labor and Employment Secretary Rosalinda Dimapilis-Baldoz has urged closer cooperation among participating agencies in the JobStart Philippines project in building a strong labor market information system, or LMIS, to achieve the goals of the undertaking. She...
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