Economy

The ‘strong peso’ and the folly of OFW export

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Feb 03, 2008

Addressing the impact of the lowering peso value requires more than the mitigating measures government has so far implemented, including the hedge fund set up by the DBP, and Malacaangs fiscal stimulus program.

Davao jeepney drivers bound to lose more if they don’t go on strike — Transmission

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Dec 20, 2007

On Strike. Davao drivers who joined the transport strike mass up at the Bankerohan- Magallanes intersection to ask the support of fellow drivers. (davaotoday.com photo by Cheryll D. Fiel)

By CHERYLL D. FIEL | Davao Today

Joel Basiao, a driver of a passenger jeepney in Davao City, said he lost as much as P200 on Thursday for joining the nationwide transport strike. But he said it was just about the same amount that drivers like him have been losing every day this year because of the unabated increase in the prices of oil.

Beware of food that kills softly, Davao advocates warn

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Oct 18, 2007

Safe food advocates have warned the public about buying vegetables, fruits and other food products in the market that leave the body with a killing-me-softly effect. The warning came during a gathering of organic producers and environmentalists here Tuesday, in time for the global celebration of the World Food Day.

In bid to revive Eaga, businesses turn to foreign donors

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Oct 16, 2007

By GERMELINA A. LACORTE | Davao Today

Millions of US dollars in funding are now being earmarked by the Asian Development Bank, the German Technical Cooperation (GTZ), and the Australian Agency for International Development as governments from the four Eaga countries — Brunei, Indonesia, Malaysia and the Philippines — try to revive interest in the economic subregion.

Peace education efforts in Mindanao in full swing

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Oct 06, 2007

Efforts to integrate peace subject in the education mainstream are gaining grounds in Mindanao as government, academe, civil society and ODA groups here have recently converged to strongly advocate for Mindanao peace education institutionalization.

Davaoeo tops geodetic engg exam

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Oct 03, 2007

This city once again made history when a graduate from John Paul II College of Davao topped this years Geodetic Engineer Licensure Examination given by the Board of Geodetic Engineering in Manila last September. Alfredo Cahiles Gaborne Jr., from Calinan, said he did not expect to get the highest rating and that all he wanted was to be in the top 20 list.

Here’s why ’08 Philippines budget is anti-poor

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Oct 02, 2007

COMMENTARY | By Ibon Foundation

Contrary to the Arroyo government’s claims of a social payback in exchange for new tax measures, only 17 centavos out of every peso in revenues are allocated in next year’s budget for health, education and housing services. In the budget, funding for government hospitals was slashed by 12 percent. By contrast, the Department of National Defense will get thrice as much as the health department.