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July 03, 2009                             Manila, Philippines
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BUSINESS

    San Miguel Posts Strong 2008 Revenue, Income

    BUSINESS   Despite external factors that had most food and beverage businesses reeling from slower-than-anticipated growth in consumer demand, San Miguel Corporation today announced its full-year consolidated sales revenue of P168.0 billion, 14% higher than 2007 levels of 148.0 billion.

    3/26/09 03:58 PM   Full Story
    How Legacy Group Lured, and Scammed, Depositors

    3/14/09 07:04 AM   Full Story
    Contractors Blacklisted by International Agencies Face Ban From Local Projects

    Construction firms that have been blacklisted by international funding agencies for corrupt practices face permanent ban from participating in infrastructure projects of the government if a proposal of Senate Minority Leader Aquilino Q. Pimentel, Jr. (PDP-Laban) is enacted into law.

    2/05/09 05:09 PM   Full Story
    Government Not Serious in Addressing the Problem of Mass Layoffs

    The 2,000 factory workers in Intel Philippines about to lose their jobs this year topped the headlines today. The alarming rate of displaced workers, not only in Intel, can never be concealed to the public anymore.
    Hardest hit are mostly non-unionised workers in the electronics and car manufacturing in export processing zones in CALABARZON.
    Amkor Technology [...]

    1/27/09 09:52 AM   Full Story
    RP-UAE Air Talks a Boon to OFWs, Trade and Tourism

    Business, tourism and migrant workers groups have hailed the forthcoming aviation talks between the United Arab Emirates and the Philippines as a major opportunity to expand and strengthen economic ties at amidst the global economic slowdown.
    After a long hiatus of six years, the negotiating panels of the Philippines and the UAE are scheduled [...]

    1/27/09 09:25 AM   Full Story
    Philippine Airlines Cancels Bangkok Flights Due to Political Tension

    MANILA – Philippine Airlines cancelled its morning service to Bangkok today and is closely monitoring developments in the Thai capital before deciding whether to operate its evening service.
    Flight PR 730, scheduled to depart Manila at 10:30 a.m., was called off, as was the return flight, PR 731, which was scheduled to depart Bangkok at 2:00 [...]

    11/27/08 10:15 AM   Full Story
    Worsening Storm for Philippine Economy?

    ECONOMY  By Sonny Africa  |  While the Philippines has been made vulnerable to external financial shocks as a result of the US crisis and made internally weaker by globalization, the Arroyo administration is still pushing for more of the same through the constitutional amendments.

    11/24/08 07:19 PM   Full Story
    Smart to Junk Thousands of E-Load Dealers?

    BUSINESS | TECHNOLOGY   Consumer group TxtPower said today that Smart’s move could “end the e-loading businesses of at least 3,000 dealers and their tens of thousands of partners.” There is a possibility that Smart’s plan would affect Smart subscribers, it added.

    11/24/08 12:52 PM   Full Story
    As US Economy Tanks, Philippines Gets Set for Downturn

    ECONOMY   By Carlos H. Conde |  The Philippines appears to be walking an economic tightrope again. Three of the pillars of its economy – call centers, electronics exports and inward remittances — are all deeply exposed to the US economy, which is going into the tank.

    11/22/08 12:39 PM   Full Story
    Philippine Airlines Reports P5.7-Billion Loss in 6 Months

    BUSINESS & FINANCE  Philippine Airlines today reported a total comprehensive loss of $113.8 million for the first six months (April to September) of its current fiscal year – principally the result of the unprecedented surge in fuel prices that occurred in the second quarter.

    11/19/08 04:38 PM   Full Story
    Davao Villagers Battle World’s Largest Mining Company

    By Keith Bacongco |  Pujada Bay is home to the endangered sea cows (dugong) and sea turtles while the Mt. Hamiguitan range is known both for its pygmy forest and also as a home of the endangered Philippine Eagle which is itself a protected species. The proposed mining project, opponents say, will destroy the environment.

    11/17/08 04:26 PM   Full Story
    San Miguel Posts P21-B Income for First 9 Months

    San Miguel Corporation today announced a September year-to-date consolidated net income of P20.9 billion, nearly 200% higher than the same period last year.

    11/06/08 06:49 PM   Full Story
    Government Ignores Legal Issues, Pushes Diwalwal Projects

    By Ellen Tordesillas and Chit Estella | Vera Files  |  The government is pushing through with plans to parcel out the controversial gold rush site in Diwalwal, Compostela Valley province to various foreign mining companies, despite the tangle of unresolved legal issues that are threatening to fuel a potentially explosive situation.

    10/31/08 12:07 PM   Full Story
    Davao Gov’t, Farmers Push Ban on Aerial Pesticide Spraying

    By Yasmin Arquiza | Vera Files  |  Because of their rapid expansion, Davao’s big banana plantations are encroaching into the city’s built-up areas and farmlands, where small farmers grow crops and fruits that are sold in Davao City markets. Communities around these plantations have been complaining of health problems every time toxic pesticides would drift their way.

    10/13/08 09:28 AM   Full Story
    Bound Bookshop’s Discount Promo for Journalists

    MANILA — Members of the Philippine press are entitled to a 10-percent discount on all books at Bound Bookshop, a bookstore in Quezon City owned and operated by journalists.
    “All our colleagues have to do is present their press cards to us and we will give them discounts,” said Carlos Conde, one of the owners of [...]

    10/09/08 10:57 AM   Full Story

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Political Bloodbath Continues: Widow of Slain Activist Shot Dead
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MULTIMEDIA

"Sampayan ng Bayan". During its Third Congress on March 27-28, 2009, members of Bagong Alyansang Makabayan-US Chapter staged protest actions against RP-US Visiting Forces Agreement through a "Sampayan ng Bayan" where a clothesline with painted shirts spelling out "JUNK VFA" was wrapped around General MacArthur's statue in Los Angeles, California. (Photo courtesy of Bayan-US)

CANDLES FOR BILLANES Members of Kalikasan People’s Network for the Environment (Kalikasan-PNE) and other multisectoral groups held a candle lighting activity on March 13, 2009 at the Bantayog ng mga Bayani to denounce the increasing number of extrajudicial killings in the country; the most recent was environmentalist and anti-mining activist Eliezer Billanes. (Photo by Kalikasan-PNE)

Goodbye, Rebelyn Thousands joined the funeral march for Rebelyn Pitao, the daughter of a top Communist leader, in Davao City on Saturday. The protesters demanded justice for the schoolteacher, who was brutally murdered allegedly by military agents. (Photo by Barry Ohaylan)

PROTEST OVER REBELYN. Hong Kong human rights groups condemn the abduction, torture, rape and killing of Rebelyn Pitao in a picket protest held on March 11, 2009 at the Philippine Consulate General. (Photo courtesy of BAYAN-Hong Kong)

BERDUGO. Posters accusing the 10th Infantry Division of the Armed Forces of the Philippines as "berdugo" (butcher) are posted in major streets in Davao City. The New People's Army (NPA) accused the 10th ID to be behind the killing of 20-year old Rebelyn Pitao, daughter of NPA rebel leader Leoncio Pitao. (Photo by Ruby Thursday More/AKP Images)

Around 10,000 members of the Moro National Liberation Front (MNLF) gathered at the football field of Agro-Industrial Foundation College of the Philippines in Davao City on Saturday, March 7, 2009 for their 3rd Grand Summit Gathering with MNLF founding chair Prof. Nur Misuari. Some of the MNLF members traveled from as far away as Zamboanga provinces just for the half day gathering. (Photo by Keith Bacongco/AKP Images)

Teachers Demand Better Wages. Dozens of public-school teachers take to the street of Manila to demand better wages. They also criticized a proposed law that would give soldiers better salaries than those in the civilian bureaucracy. (Photo by arkibongbayan.org)

Beach Boy. A taho (soybean custard) vendor plies his trade in a seemingly desolate landscape, which is actually a beach in Opol, Misamis Oriental. (Photo by Ayi Muallam/PinoyPress)

Lumad Protest. Some 200 indigenous peoples coming from different parts of Mindanao staged a protest at the gate of the Armed Forces of the Philippines’ Eastern Mindanao Command in Panacan, Davao City, on Monday, March 2, 2009, to denounce the human-rights abuses allegedly perpetrated by the military in the indigenous communities. They also called for the repeal of the Mining Act. (Photo by Keith Bacongco/AKP Images)

Ban Balikatan. Activists from the group BAN Balikatan in Bicol held protest rallies on Feb. 25 to denounce the holding of the US-Philippine Balikatan exercises in the region. They criticized President Arroyo for being a "puppet" of Washington. (Photo courtesy of arkibongbayan.org)

NO to BNPP. Members of the Network Opposed "NO" to Bataan Nuclear Power Plant Revival ask members of the House of Representatives not to support House Bill 4631 which calls for the revival of the mothballed nuclear plant. Environmental and Civil society groups question the safety of nuclear power plants and instead call for the full implementation of the recently passed Renewable Energy Bill. (Photo by Gigie Cruz/AKP Images)
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