Archive for June, 2009

Ernst & Young LLP Helps Universities Modify Accounting Curricula to Address International Accounting Standards

Tuesday, June 30th, 2009

Ernst & Young LLP took another significant step in supporting faculty through the Academic Resource Center (EYARC) with the release of the second phase of International Financial Reporting Standards (IFRS) curriculum and teaching materials, as well as a national training session for professors. EYARC, which represents a $1.5 million investment for ...

For the first time, Pinoys in US sending home less

Tuesday, June 23rd, 2009

Remittances down 10.4 percent in Jan-April Money sent home by Filipinos based in the United States has dropped for the first time in memory. For the first four months of 2009, remittances from the US stood at $2.287 billion, a $300 million or 10.4 percent decline from the January-April 2008 inflow of ...

Ranks of jobless down to 7.5% in April

Thursday, June 18th, 2009

MANILA, Philippines—Government and private sector efforts to provide jobs amid a global downturn helped pare down the unemployment rate to 7.5 percent in April from 8 percent in the same month last year. The April figure was also slightly lower than that of January, when unemployment was reported at 7.7 percent. Based ...