Posted on February 1, 2009 by Ishmael Fischer Ahab
The onslaught of the financial crisis had begun. In the first month of the first quarter of 2009, thousands of Filipinos were dislodged from their jobs as multinational companies decided to downsize their operations. The electronic giant Intel closed down its semi-conductor division in California, Indonesia, and in Cavite due to dwindling demands for semi-conductor [...]
Filed under: Society | Tagged: financial crisis, jobs, philippine economy | Leave a Comment »
Posted on February 1, 2009 by Ishmael Fischer Ahab
PGMA is calling on all businessmen to contribute on the Economic Stimulus Fund. According to her Excellency, this fund will be used by the government to address the threat of the financial crisis to the Philippine economy.
It is a shame that our government had to resort on seeking funds from the private sector other than [...]
Filed under: Uncategorized | Tagged: economic stimulus fund, financial crisis, philippine economy | Leave a Comment »