by anyajulia | Sep 24, 2009 | Foreign Exchange, Headlines
SOUTH Korea needs some 20,000 Filipinos to work at the newly established Integrated Free Export Zone (IFEZ) Inchon, South Korea, says presidential economic adviser Joey Salceda.
Salceda, who is also Albay Governor said the government is now finalizing a memorandum of agreement with the Ifez to formalize the hiring of workers from the Philippines.
Salceda was recently installed as economic adviser of the South Korea Incheon Metropolitan Authority, which is implementing the US$178-billion Ifez project.
Incheon is a highly industrial metropolitan area in South Korea and the export zone is the biggest integrated development project at 35 times the annual infrastructure budget of the Philippines, reports said. (PIA)
by anyajulia | Sep 24, 2009 | Headlines, National News
The Philippines can earn at least $1 billion from the emerging renewable energy market while laying claim as a significant player in the area of green energy.
According to German-Philippine Chamber of Commerce and Industries (GPCCI) president Klaus Schroeder, given the country’s abundant solar, wind and geothermal resources, the country can also help mitigate environmental degradation and climate change.
Schroeder noted that the Philippines has started with the adoption of renewable energy as seen by its investments in solar, wind, geothermal and hydropower.
He added that there is an immediate need to scale things up if the country wants to remain globally competitive.
He said this as he stressed that fossil fuels are scarce and will be out in a few years time. (PIA)
by anyajulia | Sep 24, 2009 | Foreign Exchange, Headlines
President Gloria Macapagal-Arroyo arrived in Jeddah, September 21 (Monday) at 8 p.m.(Manila time) at the King Abdulazziz International Airport for a three-day official visit.
The President is expected to take up the welfare of the more than one million overseas Filipino workers (OFWs) in Saudi Arabia and make a pitch for the Philippines as an attractive investment haven.
She will also discuss economic development and the possibility of ending the conflict in Mindanao with Saudi Arabia leaders.
During her visit, the President will meet with leading business investors and also spend some time with members of the Filipino community whose remittances help keep the country afloat in the midst of the global financial crisis.
Saudi Arabia hosts 1.016 million OFWs and their dependents. Of this number, 736,820 are in Riyadh and 280,000 are in Jeddah. (PIA-MMIO)
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by anyajulia | Sep 24, 2009 | Headlines, National News
A survey research dubbed as the “State of the Art Review of Day Care Services in the Philippines”, is spearheaded by the Early Childhood Care and Development (ECCD) Council and the Department of Social Welfare and Development (DSWD).
The survey of day care services focuses on: people of the day care workers, the day care supervisors and the day centers.
A joint memorandum between the ECCD Council and DSWD was issued to ensure the efficient and successful implementation of the research. (DSWD/PIA)
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by anyajulia | Sep 24, 2009 | Headlines, National News
The Bureau of Fire and Protection (BFP) is set to acquire 100 units of fire trucks nationwide. This is to prevent further fire incidence, loss of lives and properties.
Department of the Interior and Local Government (DILG) Secretary Ronaldo V. Puno said that this is one of the priority programs during his stint as DILG chief.
In 2004, his program was made by the BFP as their basis in procuring fire trucks. In 2007, BFP has started procuring 37 fire trucks, 65 in 2008, and for this year, 100 units are being programmed to be procured, he added. (PIA)
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