More Pinoys are self-employed

[jpdm]

Business Mirror
June 20, 2008
by Cai Ordinario

Agressive Jobs Program Needed to
Hike employment in RP-NEDA

“The government survey reflects the country’s employment situation where unemployment is in an all-time high and jobs are low-paying and low in quality that workers continue to seek more work,” IBON said in a statement.
IBON said the LFS showed that one in five employed workers reported that they were seeking more work because they were not earning enough for their and their families’ needs.
The April LFS showed that the underemployment rate, or the percentage of employed workers who said they were looking for more work, grew to 6.6 million workers during the survey period from 6.4 million in the same period last year.
More significantly, IBON said is that the growth was in those considered “invisibly” underemployed, or those who already worked 40 hours or more a week.

Self-employment is the remaining option....

People are forced to come up with their own business....

But the government and our fellow pinoys will rather buy products from abroad or will just import....

No local procurement. No revenue will close...

No wonder, this country is overran by robbers, akyat-bahay gangs, kidnappers, holduppers, carnappers, drug lords, smugglers, peasant-led and other types of insurgency

Iilan lang ang nabubuhay ng maayos.

Our massive importation binge is unsustainable. We will self-destruct.

[jpdm]

Good news for retirees...

Manila Standard
June 27, 2008
By Romie Evangelista

Retired employees as business operators

The House of Representatives has approved a bill that will make state workers to remain productive even after their retirement from public service.
Speaker Prospero Nograles said the Chamber has transmitted to the Senate the proposed “Government Employees’ Entrepreneurship Development Act of 2008” which will hone the entrepreneurial skills of retired employees with the help of state banks.
“Life after retirement from public service should be productive and enjoyable,” Nograles said in a statement. “Retired public servants have vast possibilities to discover, evaluate, and exploit ideas and business opportunities which maybe translated into productive ventures.”
House Bill 3825, entitled “An act providing for the development of entrepreneurship skills among government employees for an innovation-inspired corps of civil servants and a productive post-service citizenry,” is among the 52 House-approved national bills now awaiting action by the Senate.
“This will open opportunities for retirees in healthy physical state to continue their productive lives even after retirement from public service,” Majority Leader Arthur Defensor, one of the bill’s authors, said.
Nograles lauded the innovative efforts of the co-authors Reps. Lorna Silverio, Antonio Cerilles and Raul Gonzalez Jr., chairman of the House committee on civil service and professional Regulations—who steered and guided the proposed act until its final passage in plenary.
Silverio and Gonzalez said the proposed law is a window for retirees to pursue entrepreneurial projects and contribute in making the Philippines a “nation of employers and not a nation of jobseekers.”
Gonzalez said HB 3825 requires all government offices and agencies to prepare post-service entrepreneurial development programs for their employees based on guidelines prescribed by the Civil Service Commission.
The bill mandates all agency heads to link up with existing government financial institutions to provide sources of financing for their projects and promote the organization of cooperatives increase chances of success.
“We must institutionalize the establishment of cooperatives and savings and loan associations in their respective offices as an outlet for entrepreneurial skills in order to generate financial resources for their employees,” the authors said.
A Coordinating Council headed by the Civil Service Commission will be created to formulate a comprehensive plan to develop entrepreneurial capabilities, managerial expertise and technical skills of employees.

[1D4LV]

Self-employment is the remaining option....

People are forced to come up with their own business....

But the government and our fellow pinoys will rather buy products from abroad or will just import....

No local procurement. No revenue will close...

No wonder, this country is overran by robbers, akyat-bahay gangs, kidnappers, holduppers, carnappers, drug lords, smugglers, peasant-led and other types of insurgency

Iilan lang ang nabubuhay ng maayos.

Our massive importation binge is unsustainable. We will self-destruct.

but if you look at it at the other way around.
what if your business is operated here in the philippines but provides services and products overseas?

[True Faith]

but if you look at it at the other way around.
what if your business is operated here in the philippines but provides services and products overseas?

We are doing it here. the the Philippine-based BPOs for instance. But no enough.

Still we need more industries (manufacturing and services also)that use more local resources, local technology and local labor to absorb our excess manpower....

Self-employment is ok if pinoys will harness indigenous resources

ex. in franchising create a local brand using local materials and manpower

[jpdm]

We are doing it here. the the Philippine-based BPOs for instance. But no enough.

Still we need more industries (manufacturing and services also)that use more local resources, local technology and local labor to absorb our excess manpower....

Self-employment is ok if pinoys will harness indigenous resources

ex. in franchising create a local brand using local materials and manpower

Agree. especially US BPOs....

[jpdm]

an option for unemployed pinoys...

[jpdm]

Go back to farming...

organic vegetables and fruits....(like the sold in hotels)

plant soya and cotton...

invest in the dairy industry (dairy cow raising and milk production)...

essential oils (ylang-ylang and tanglad (lemon grass)

natural rubber...

These industries are dominated by imports....

These are lucrative businesses for pinoy entrepreneurs...

[True Faith]

Go back to farming...

organic vegetables and fruits....(like the sold in hotels)

plant soya and cotton...

invest in the dairy industry (dairy cow raising and milk production)...

essential oils (ylang-ylang and tanglad (lemon grass)

natural rubber...

These industries are dominated by imports....

These are lucrative businesses for pinoy entrepreneurs...

Definitely correct jpdm!

The agricultural sector needs to have a second look in our country. I hope the next president will prioritize agro-industrial development instead and stop relying on the services sector. (BPO, overseas employment etc, gambling..)

Rel development can be attain if these two vital sectors of the economy will be protected and develop.

A service oriented economy I believe is an "AMPAW" (big outside but very weak inside) economic development!

[True Faith]

Pinoys should really brace themselves for the recession next year..

They have to invest their money well...

Investments should go to businesses catering to our basic needs...