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By MBJ on February 11, 2010
MANILA – President Gloria Macapagal-Arroyo disclosed she has signed the national budget for 2010, equivalent to $30 billion, with a “conditional veto†of congressional insertions that tended to increase the “pork barrel†allocations of members of the Senate and the House of Representatives.
Posted in Headlines, Nation, Philippine Economy | Tagged Department of Budget and Management, department of education, department of health, department of public works and highways, house of representatives, president gloria macapagal arroyo, Secretary Rolando Andaya |
By MBJ on January 5, 2010
MANILA – The Philippine government is now operating under a “reenacted†budget due to the failure of President Gloria Macapagal-Arroyo to sign the 2010 national budget equivalent to $300 million.
Posted in Nation, Philippine Economy | Tagged congress budget 2010, gary olivar, gloria arroyo, philippine 2010 national budget, philippine congress, philippine news, pinoy news, president arroyo, prospero nograles |
By MBJ on December 20, 2009
MANILA – The Senate and the House of Representatives have ratified the $30-billion national budget proposed by President Gloria Macapagal-Arroyo for 2010.
Posted in Headlines, Nation, Philippine Economy | Tagged gloria arroyo, philippine 2010 budget, philippine 2010 budget allocations, philippine budget, philippine government budget, philippne economy, pinoy news |
By SiteRocker on November 22, 2009
MANILA – Remittances from overseas Filipino workers (OFWs) soared to $12.8 billion in the first nine months of the year, or from January to September.
Posted in Headlines, Nation, OFW News, Philippine Economy | Tagged amado tetangco, central bank of the philippines, ofw, ofw buzz, ofw opportunities, ofw remittances, ofw updates, overseas filipino workers, philippine economy, philippine news, philippine peso, pinoy news |
By MBJ on October 9, 2009
MANILA – The Supreme Court (SC) ordered the closure of 10 rural banks located in various parts of the country as it chided a lower court judge in Manila for interfering with the functions of the Monetary Board.
Posted in Business, Nation | Tagged celso, legacy group, legacy group of companies, legacy pre-need plans, monetary board philippines, pinoy news, supereme court decisions |
By MBJ on September 25, 2009
MANILA – Sluggish economic performance in the first quarter caused the Manila-based Asian Development Bank (ADB) to scale down the growth forecast for the Philippines to 1.6 percent from an earlier estimate of 2.5 percent for 2009.
Posted in Nation, Philippine Economy | Tagged adb report, philippine business news, philippine economic growth, philippine economy, philippines news, pinoy news |
By MBJ on September 19, 2009
MANILA – Despite the ongoing global financial and economic crisis, overseas Filipino workers (OFWs) remitted a total of $10 billion from January to July this year.
Posted in Business, Headlines, Nation, OFW News | Tagged Amando Tetangco Jr, central bank philippines, ofw, ofw remittances, overseas filipino workers, pinoy news |
By MBJ on August 29, 2009
MANILA – Like the other world airlines plagued by the worsening global recession, the country’s flag carrier, Philippine Airlines (Pal), announced it is now taking “extraordinary and decisive measures†like reducing its workforce and similar steps to enable it to survive.
Posted in Business, Headlines, Nation | Tagged book pal online, manila airlines, pal, pal financial crisis, pal flights, pal online booking, pal problems, pal travel packages, philippine airline travel, philippine airlines, pinoy news |
By MBJ on August 18, 2009
A ranking administration lawmaker opposed the plan of Malacanang to increase the taxes on “sin products,†especially liquor and cigarettes, to raise much needed revenues for the government.
Posted in Business, Nation | Tagged cigarettes, Congressman Exequiel Javier, liquor, philippine business news, philippine business tax, philippine economy, philippine government tax, pinoy news, sin products |
By MBJ on August 1, 2009
Senate President Juan Ponce Enrile vowed to oppose the proposal of President Gloria Macapagal-Arroyo to impose “sin taxes†on two particular products, warning this would adversely affect the millions of Filipinos already suffering from the adverse impact of the deepening global recession.
Posted in Business, Nation | Tagged beer taxes, cigarettes taxes, gloria arroyo, philippine business, philippine economy, philippine senate president, pinoy news, senator juna ponce enrile, sin taxes |
By MBJ on July 18, 2009
“The Philippines is in the bottom among the 13 countries in the Asia-Pacific region,†said Felipe Alfonso, interim president of the Asian Institute of Management (AIM) based in suburban Makati City, Metro Manila.
Posted in Business, Nation | Tagged asian institute of management, manila, philippine business, philippine competitiveness, pinoy news |
By MBJ on July 12, 2009
Secretary Rolando Andaya of the Department of Budget and Management insisted the government remains upbeat that the economy would continue to grow this year, even if minimal.
Posted in Business, Nation | Tagged cerge remonde, philippine economic growth, philippine economy, philippines business growth, philippines growth, pinoy news, rolando andaya, world bank projections |
By SiteRocker on June 16, 2009
LAMP Enterprise ERP is ideal for small to medium sized enterprises (SMEs) which find traditional ERP systems very expensive and difficult to implement and maintain. However, it also works for larger corporations that want to drive down the Total Cost of Ownership (TCO) to streamline their business processes.
Posted in Business, Nation, Tech | Tagged impart solutions, lamp enterprise erp, lamp enterprise erp philippines, saas, saas consulting philippines, saas erp, saas erp launch, saas model, saas philippines, saas softwares, saas solutions, software as a service |
By MBJ on June 15, 2009
Filipino consumer confidence continues to dim as they increasingly feel the adverse impact of the global economic and financial turmoil, according to survey findings of the Central Bank of the Philippines.
Posted in Business, Nation | Tagged filipino consumer index, news philippines, philippine news blog, pinoy news |
By MBJ on June 14, 2009
President Gloria Macapagal-Arroyo on Friday said the major economic and financial reforms she has implemented helped spare the Philippines from the crippling impact of the global recession.
Posted in Business, Nation | Tagged 111 anniversary, financial crisis philippines, global recession, gloria arroyo, philippine independence, pinoy news |
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