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Rene J. Buenaventura, President and CEO of Equitable
PCI, addresses the bank’s stockholders at their Tuesday meeting
in Makati City, which became a long-drawn legal tussle after the
Romualdez bloc failed to get a Supreme Court TRO stopping a Sandiganbayan
ruling adverse to them. Nonie Reyes |
EMPLOYERS COMPLETE BLUEPRINT FOR COPING
WITH GLOBALIZATION’S CHALLENGE
GMA’s 2010 goal: 0 strikes
By Mia M. Gonzalez and Artemio Cusi III
Reporters
PRESIDENT Arroyo is aiming for a zero incidence of labor strikes
by the end of her term in 2010, a feat she hopes to achieve by
forging labor-dispute agreements between the Department of Labor
and Employment (DOLE) and business groups and local governments.
Speaking at the 27th
National Conference of Employers at the Manila Hotel on Tuesday,
the President said the DOLE has signed a Memorandum of Agreement
with the Archdiocese of Manila so that Catholic schools and hospitals
will be compelled to settle labor disputes among themselves before
cases are filed.
She said this way, the
number of disputes going into arbitration are reduced and the
case dockets are declogged.
“It will minimize
the hardening of labor-management conflicts, and I hope and I
would like to propose in this Ecop conference, that we do similar
agreements between DOLE and Ecop and also with the local government
units. Our goal is to have zero reason to have strikes by the
end of my term in 2010,” she said.
The President also said
recent favorable reports from the California Public Employee Retirement
System (CalPERS) and the Bank of America, together with the P17-billion
budget surplus and the all-time high of $21 billion in foreign
reserves, have pointed to the country’s economic resiliency
amid the continuing threat of spiraling world oil prices.
“Survive, that’s
what we’ve been able to do . . . We’ve shown we can
survive. Now we have to succeed before we enter the enchanted
kingdom,” she said, joking about the reference to the famous
theme park whose owner was in the audience.
She said that the government
would have to catch up in infrastructure development, which is
possible now that it finally has the revenues to fund it, while
the business sector would have to improve its business efficiency.
The President cited
developments in the government’s infrastructure program
that will improve business operations in the country such as the
North Expressway, the South Expressway, the Clark airport, the
Subic port, the Batangas port and the Lipa airport.
Now that road and airport
projects are under way, the government will now concentrate on
power infrastructure projects, she said.
Ecop furnished the President
with the resolutions of its conference, among them a “joint
inventory of skills critically needed by the nation,” and
identified by affected industries, with priority on job-rich industries
like cyber services, agribusiness, health services, mining, creative
industries, hotels and restaurants, medical tourism, aviation,
and maritime sectors.
The Ecop also resolved
to prepare “effective social safety nets” for vulnerable
workers such as the youth, women, persons with disabilities, senior
workers, domestic workers, self-employed, and others.
The Ecop also resolved
to improve the match between demand for jobs and supply of skills,
and to work with the government and other sectors to help create
decent jobs, and flexible and competitive labor markets.
Employers have been
urged to prepare themselves in confronting the challenges offered
by globalized trade.
In its conference resolution
presented at the close of the conference, the Ecop said: “There
are tremendous opportunities for employers to have a stronger
voice, and be represented in negotiations with various bilateral
and multilateral trade partners to prepare the workforce for drastic
changes, including regional economic integration, pandemics and
other disasters.”
Negotiations are particularly
focused on countries that benefit from Philippine human capital.
The Ecop thus expressed
its intent to pursue agreements on ethical recruitment and good
working conditions for migrant health workers.
It also seeks commitments
from foreign governments benefiting from the human capital of
the Philippines “to replenish the country’s investments
in education and training.”
Through bilateral and
multilateral agreements, the Ecop said the Philippines must “facilitate
the harmonization of education, training and practice regulations.”
This includes mutual recognition of the qualifications, skills
and competencies for migrating skills in critical supply.
Also cited as requiring
urgent attention is the problem of mismatch between demand for
jobs and supply of skills.
To solve this, the resolution
underscored the need to ensure the provision of entrepreneurship
skills to the youth “through modules at all levels of the
educational curriculum, especially at the elementary level.”
The resolution also
mentioned the importance of raising joint funding for research
and information systems on critical labor markets.
The Ecop supported the
creation of the Opportunities Advisory Boards in colleges and
universities. It is “part of the measures aimed at resolving
the jobs and skills mismatch resulting in structural unemployment.”
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