Land Bank borrowings to finance Davao city?s ?stimulus? program

Lawyer Wendell Avisado, city administrator, said the 2.8 billion pesos the city borrowed from the LBP this year will finance a local ?stimulus? package, a large chunk of which will be spent on road infrastructure and the city?s traffic signal system. Avisado admitted that the traffic system will not directly help the people but it will add on to the city?s existing infrastructure and will serve as a come-on to investors. Read on

Continue ReadingLand Bank borrowings to finance Davao city?s ?stimulus? program

DOH to train more birth attendants

Davao City -- The health department hopes to decrease by 75 percent the number of mothers who die during childbirth by increasing its pool of skilled birth attendants in the region. The Department of Health (DOH) has secured national funding for the Maternal Newborn, Child Health and Nutrition (MNCHN), a strategy to address the high rates of maternal mortality. Read on.

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OFWs face a bleak future as global crisis hits companies worldwide

JOBS FOR GRABS. Hundreds of job seekers queue at the job fair dubbed Jobapalooza on May 1 in one of the leading malls in Davao. The Department of Labor and Employment initiated the job fair to "address the effects of the global crisis on the workers and the economy." (davaotoday.com photo by Barry Ohaylan)

DAVAO CITY -- Unlike most of the overseas Filipino workers who lost their jobs in Taiwan, Isabelita Atis, 29, felt relieved when her plane finally touched down at the Davao International Airport in December last year. She was among the 6,468 thousand overseas Filipinos laid-off in Taiwan after 95 Taiwanese companies were forced to trim down their workers as an effect of the global financial crisis. Atis said she was glad she got rid of her exhausting job, which was supposed to end in January this year. Unlike other OFWs from Taiwan, she had no debts to pay and had also put up a decent amount of savings. Other retrenched workers were not as lucky. Those who were laid off with Atis were worried how to pay their debts and how to find another job to support their families. Read on.

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Cha Cha means more wage cuts and lay-offs, says KMU

DAVAO CITY ? The Kilusang Mayo Uno (KMU) in Southern Mindanao is wary of the proposal to amend the Constitution to open up the country?s resources to foreign companies, saying such proposal will only result to unfair working conditions for workers. Arman Blas?, KMU-Southern Mindanao spokesperson, said salary deductions, lay-offs and unfair flexible labor conditions that workers experience right now will worsen if government allow foreign companies to come in. He reiterated the KMU?s stand against constitutional amendments which would give multi-national companies greater control over our economy. Read on

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Former logging community in Compostela wary of soldiers in the area

Sitio Valma of Barangay Ngan in the municipality of Compostela used to be a thriving logging community in the 1970s up to the 1990s. When the company's timber logging agreement (TLA) expired, Consuelo Valderrama, its owner, chose not to renew the contract, signalling the death of the boom town.

Continue ReadingFormer logging community in Compostela wary of soldiers in the area