by anyajulia | Oct 7, 2009 | Foreign Exchange, Headlines, National News
The Development Bank of the Philippines (DBP) is partnering with the United States Agency for International Development for clean energy investments through a memorandum of understanding signed last October 1, 2009. Dubbed the “ECO-Asia Clean Development and Climate Program (ECO-Asia)”, its aim is to bridge the gap between investments and clean energy business by building partnerships in several of Asia’s fastest-growing economies.
The partnership will help stimulate more clean energy investments in the country, particularly in the Visayas and Mindanao regions, which hold the highest potential for clean energy projects due to abundant natural resources and a progressive agricultural industry. (DBP)
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by anyajulia | Oct 7, 2009 | Headlines, National News
Presidential Adviser on the Peace Process Avelino I. Razon, Jr. disclosed that the government puts peace at the forefront of its commitment to end bloodshed. Its commitment to the peace process remains firm despite some legal setbacks, cycle of violence and political opposition.
It can be recalled the Supreme Court struck down the MOA-AD as unconstitutional in August last year. Razon said the signing of the controversial document between the government peace panel and the Moro Islamic Liberation Front (MILF) in Kuala Lumpur did not push through.
The government is pursuing six paths to peace, namely, 1) pursuit of social and economic reforms. 2) consensus-building and empowerment for peace, 3) peaceful, negotiated settlement with the different rebel groups, 4) programs for reconciliation, reintegration into mainstream society and rehabilitation of former rebels, 5) addressing concerns arising from continuing armed hostilities, and, 6) nurturing a climate conducive to peace. (PIA/ESS)
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by anyajulia | Oct 7, 2009 | Headlines, National News
The Pag-IBIG Fund is extending its penalty exemption to delinquet employers on or before December 31, 2009. It recently called upon all employers to remit all mandated membership contributions of their employees and their own counterpart to its office.
RA 9679, the new Home Development Mutual Fund (HDMF) law of 2009, extends the condonation of penalty to delinquent employers, unregistered, have been denied registration but not yet started registration and those who have earlier applied for waiver from fund coverage.
The penalties, however, shall be exacted upon the employers if they violated the approved plan of payment either by default or short remittance. (PIA)
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by anyajulia | Oct 7, 2009 | Headlines, National News
The deadline is extended until October 9, 2009, for the Department of Science and Technology (DOST) scholarship application.
The scholarship is open to graduating high school students with high aptitude in science and technology and who wish to pursue priority fields of study in basic sciences, engineering and other applied sciences and science teaching.
There are two (2) scholarship programs being offered: one is RA 7687, or the S&T Scholarship Act of 1994, which is awarded to talented and deserving students coming from poor families. The other scholarship program, called DOST-SEI Merit Scholarship is granted to students with high aptitude in science, mathematics and technology regardless of the family’s socio-economic status. (DOST/PIA)
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by anyajulia | Oct 7, 2009 | Headlines, National News
A ‘grassroots’ skills registry system data is now on the process of developing by the Department of Labor and Employment. This will facilitate easier job and worker search.
To be called the National Skills Registry System (SRS), the program shall make it easier for government to assess the demand situation for skills in the labor market, and enable it to make relevant policy for employment facilitation and generation.
Once set into place, the SRS, will combine the existing skills registries of utilized by the Phil-Job Net and the Public Employment Service Office.
The SRS is a technology-based (computerized) system which captures and updates in the Registry the skills and qualifications of interested workers. The system also lists down establishments and their job vacancies in the community for quick access by jobseekers and employers, both local and foreign. (PIA)
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