MANILA, Philippines - President Gloria Macapagal-Arroyo on Wednesday announced plans to establish a P100-Billion fund - to be part of a series of government contingency measures - that would help insulate the economy from a global slowdown.
Fund sets aside for unemployed Filipinos from overseas (People's Daily)
The Philippine government has allotted 250 million pesos (5.14 million U.S. dollars) for to assist overseas Filipino workers who are likely to be displaced by the global economic crunch, reports said on Thursday. The government has allocated the fund even if there is no threat of displacement, local TV network GMA News reported, citing President Gloria Macapagal-Arroyo. The Expatriate Livelihood ...
Govt sets aside P250M for returning OFWs (GMA News)
MANILA, Philippines - The government has allotted P250 million for livelihood and training assistance for overseas Filipino workers (OFWs) who are likely to be displaced by the global economic crunch.
RP labor starting to feel crisis effects (Philippine Daily Inquirer)
MANILA, Philippines?A church-based labor group Wednesday said that the Philippines was starting to suffer job losses as a result of the global economic slowdown.
Headline: P100-B fund to shield economy (BusinessWorld Online)
PRESIDENT GLORIA MACAPAGAL-ARROYO yesterday announced plans to establish a P100-Billion fund -- to be part of a series of government contingency measures -- that would help insulate the economy from a global slowdown.
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