No more PALing around with the government

Article Abstract:

The four-day strike in Nov. 1996 by workers of the Philippine Air Lines was the carrier's first step toward competitiveness. The newly privatized airline's management refused to give in to the workers' outrageous demands, such as a P5,000 monthly wage hike retroactive to 1991 and a monthly sack of rice for life for every worker. They were also unrealistic, as the company is posting losses of $40 million annually. Competition in the domestic market is also getting stiffer with the entry of Grand Air and Cebu Air, while rivals in the international routes continue to outperform the airline.

Strikes, Analysis, Labor relations, Philippine Airlines Inc.

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How devaluating currencies impoverishes us all

Article Abstract:

The International Monetary Fund's (IMF) decision to push Asian economies to devalue their currencies is a heavy load for Asia's consumers. With the growing inflation in the Philippines economy, for example, any benefits arising from competitiveness will only be momentary, after which will burden the workers. The necessity is for consumer spending to increase, which goes along with consumer confidence in order to lead the Asian recovery. Thus, IMF should push for policies that protect the interest of workers and consumer.

Administration of General Economic Programs, Currency Stabilization Programs, Social aspects, Column, Economic development, Monetary policy, Currency devaluation, Devaluation (Currency), Currency stabilization

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China fights to earn its wings

Article Abstract:

The Civil Aviation Administration of China is intent on improving the country's airline system in terms of service and safety after successive airplane crashes and hijackings led many foreign observers to regard China as a dangerous place. Authorities plan to invest between 20 billion-$40 billion up to year 2016 for new construction and upgrading. It will also need between $12.8 billion-$14 billion for new aircraft.

Industrial Nonbuilding Structure Construction, Regulation and Administration of Transportation Programs, Airports Construction, Air Transportation Programs, China, Planning, Transportation, Airports, Aviation, Transportation policy, Airport construction

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