Economy

Youths urge Davao bets to prioritize reproductive health

DAVAO CITY, Philippines — Davao Teen Center (DTC), together with the Family Planning Organization of the Philippines (FPOP), demanded the local candidates of Davao City to include Reproductive Health (RH) policies as their top priority in their legislative agenda.

Jamail Lunar Macla, Youth Coordinator of DTC, pointed that this has been a long time struggle of young people in the city that the problem in reproductive health must be prioritized since there are no comprehensive local legislative order to arrest the said problem of the city.
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Team Unity sees more jobs, benefits from investments in Philippines

MANILA, Philippines — Team Unity senatorial candidates are confident the Philippine economy will soar high this year on the heels of a long list of new, huge foreign investments coming into the country, the latest of which is from Texas Instruments Inc., the Dallas-headquartered world’s largest maker of mobile phone chips.
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Peso?s Gain Is OFWs? Bane

MANILA, Philippines ? In a remittance slip, there was an additional US$50 that Cesar Dimasupil?s daughter Arlene sent from London. But he remained stoic. ?That [money] would just even things out,? Dimasupil says of the dilemma that most families of overseas Filipino workers are facing under a stronger peso and a record-low inflation rate.

Dimasupil, like most Filipinos brought up in a male-as-strong society, says he doesn?t know if he should celebrate for getting the added money from something he said he shouldn?t have asked from his daughter in the first place. ?But what can I do? They say the strong peso could lead to lower prices. That hasn?t happened in the past months,? Dimasupil said.

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Remittances from Philippines, Other Countries Help Foil Another Asian Financial Crisis: WB Study

by ISAGANI DE LA PAZ
www.ofwjournalism.net

MANILA, Philippines ? Across the East Asia region sweeps the wind of prosperity and cash remittances as well as knowledge capital by migrant workers has helped economies become more robust a decade after a devastating crisis.

Aside from the Philippines, the World Bank cited remittances from workers overseas also helped other countries like Vietnam and Mongolia to beef up cash reserves. Hence, remittances could soften and may even foil a repeat of the 1997 Asian crisis ?if ever there would be one in the near future.
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