* Last week saw the United States and foreign companies cutting more than 65,000 jobs all over the world. Caterpillar, the largest maker of construction and mining machinery, let go of 20,000 workers, while the merge of pharmaceutical brands Pfizer and Wyeth cost 8,000 people their jobs. Seven more companies announced layoffs by the thousands.
* A survey by a US global consulting company showed that Filipino workers trust their employers more in spite of global recession.
* Fourth quarter of 2008 clocked in an economy growth of 4.6 percent, slightly higher than the expected slide to between 4.2 and 4.5 percent.
* As travel rates continue to drop, the Philippine Travel Agencies Association (PTAA) assures Filipino tourists of better travel packages at less cost.
* Bangko Sentral ng Pilipinas cut its key policy rates to help boost economic growth.
* AXA Philippines now offers "Locked & Loaded ," a five-year insurance plan invested in 70 percent bonds and 23 percent equity. The offer is available until March 25, 2009 only.
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