Archive for April, 2009

Stimulus cash helps Philippine remittances, says labor leader

Monday, April 27th, 2009

STIMULUS spending by countries employing its workers is helping the Philippines maintain its remittances despite the global economic downturn, a labor leader said Sunday. Remittances make up 10 percent of the Philippines’ gross domestic product (GDP), and rose 13.7 percent in 2008 from a year earlier to $16.429 billion. GDP is ...

Enact the new Tourism Law but . . .

Thursday, April 2nd, 2009

EARLIER this week, in Boracay President Gloria Arroyo spoke enthusiastically about the tourism industry. She said, in a report printed online by the President’s website, that tourism-generated jobs can substantially meet the employment demand in parts of the country due to the “labor intensive” nature of tourism services. The President said ...