* President Barack Obama hit new highs in public support as a pre-inaugural poll by the Pew Research Center showed an approval rating of 79 percent—a far cry from George W. Bush’s 60 percent in 2001.
* Families of OFWs might feel the brunt of the recession if remittance growth slows to four percent, compared to the expected 16 percent last year as predicted by World Bank.
* The government is now allotting P330 billion for its job generation program and infrastructure projects, said National Anti-Poverty Commision (NAPC) lead convenor Domingo Panganiban.
* The Government Service Insurance System (GSIS) is eyeing P3 billion-worth housing plans with the National Housing Authority (NHA) for its employees.
* Contemplating on buying stocks this time of year? It might interest you that San Miguel Brewery Inc. shares continue to rise after Japanese brewing conglomerate Kirin Holdings Co. entered in negotiations to acquire 43.25 percent of stocks from SMB.
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