Government’s ‘new jobs’ claim assailed

Of the net increase in jobs of more than one million reported in the April 2007 Labor Force Survey (LFS), two-thirds are in unpaid family work (575,000) and in domestic household help (148,000). These jobs are among the lowest-earning and are sometimes even unpaid labor.

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Philippines: NAPC assures wide reach of microfinance service

MANILA — Positive attitude, enthusiasm, and perseverance are the driving factors that made Domingo Mondragon, a “Tindahan Natin” outlet owner, Angel Narito, proprietor of Argie?s Bakery and Mini Grocery, and Rodolfa Tongco, a buy-and-sell agent, succeed in building their own businesses through the National Anti-Poverty Commission?s (NAPC) microfinance assistance.
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Giant China shipping firm to invest $3 billion in Philippines

MANILA — China Ocean Shipping (Group) Company (COSCO), one of the world?s shipping giants, is pouring $3 billion into a shipping complex development project in Sangley Point, Cavite which the company eyes as its main hub in the Southeast Asian region.
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