Friday, December 31, 2010

2011 (MMXI)



It is the 2011th year of the Common Era;
the 11th year of the 3rd millennium and of the 21st century, and
the 2nd of the 2010s decade.

The United Nations has designated 2011:
the International Year of Forests and
International Year of Chemistry.

BSP has issued BSP Circular 702 stating
that effective 2011 CC defaulters are
to be notified formally by the banks as to
where their accounts are endorsed.

Saturday, December 25, 2010

Banking Update



BSP Cir. 702
Series of 2010

1. No more pre-approved credit cards ( although I still see loopholes)
2. A Table of Applicable Fees shall be provided;
3. A Reminder that by paying minimum due, your balance will incur interest/charges;
4. Inform CC Holders that their accounts will be endorsed to a collection agency ast least seven (7) days before actual endorsement;
5. Requires banks to implement procedures so that collectors shall IDENTIFY themselves ( no more Atty. Collector or Tenyente Guevarra) ;
6. Penalties : first offense : Reprimand of Director/Officer ( Vice President?)
7. Effective: Jan. 1,2011 ( more or less)

CC Defaulters may now use this Circular to:
- inform callers that they have yet to receive formal notice re: transfer of a/c to a CA;
- ask the caller his true identity,subject to further confirmation w/ the bank
BEFORE he deals with the caller.

Monday, December 20, 2010

GulfNews: New work permit rules in UAE from 2011 will ease job switch


As part of the ongoing reforms in the labour market, the Labour Ministry will soon introduce new regulations granting foreign workers more freedom to change employers without the six-month work ban or consent of the current employer.
The new rules, which will take effect on January 1, will replace the current formalities of transfer of sponsorship for foreign workers.
Reforms
A new resolution issued by Saqr Gobash Saeed Gobash, the Minister of Labour, says a new employment permit will only be granted to a worker after the end of his work relationship with his employer without consideration of the legitimate six-month period which is usually calculated after the cancellation of the worker's labour card, but stipulates two must-do conditions:
1. The two contracting parties must have ended their work relationship cordially;
2. The worker should have worked with his employer for at least two years â€" the duration of the new labour card which will be issued by early January.
The labour market reforms, as stated by President His Highness Shaikh Khalifa Bin Zayed Al Nahyan in his National Day speech, are a challenge the UAE is addressing as part of its human development process.
Shaikh Khalifa said the Government "will press ahead with the process of updating legislation, regulating the labour market, supporting Emiratisation and empowering the private sector, encouraging it to shoulder social responsibilities, to invest in national human resources, to adopt environment protection mechanisms and to meet the needs of society".
The resolution defines two cases in which the worker can obtain the new work permit after the end of the job contract without the agreement of the contracting parties:
1. When the employer fails to honour his legal or contractual obligations;
2. In the event of expiry of a work relationship where the worker is not responsible for it, but there is a complaint filed by the worker against the firm, an inspection report should prove that the firm has been out of business for more than two months. As well, it should determine the worker has reported the same to the ministry.
The resolution says the labour dispute should have been referred by the ministry to the court and it issued a final ruling ordering the employer to pay the worker at least two months salary in compensation for the arbitrary sacking or termination of the contract prematurely, or any other rights.
Right to work permit
The resolution also defines three cases in which the worker shall have the right to get a work permit without fulfilling the condition of working at least two years with the employer:
1. When joining his new job, the worker should be classified in the first, second or third professional class and that his salary should be not less than Dh12,000, Dh7,000 and Dh5,000 if he is in the first, second and third class respectively.
2. Non-compliance of the employer with legal and labour obligations towards the worker or in the event the worker has no role in terminating the work relationship;
3. Transferring the worker to another firm the employer owns it or has stakes in it.
Gobash told the Federal National Council (FNC) on Tuesday the long-term goal of reforming the sponsorship system is to create a flexible labour market that meets development requirements. "Our labour market must be flexible, efficient and committed to Emiratisation policies as top priority."

Saturday, December 18, 2010

2010 CHRISTmas Message

Thursday, December 16, 2010

About The Human Rights in UAE

Human Rights in UAE

The UAE respects the integrity of every individual that resides in the country. Its commitment to guarantee equality and social justice for all citizens is ingrained in the Constitution. The UAE Constitution also outlines the freedoms and rights of all citizens, prohibits torture, arbitrary arrest and detention, respects civil liberties, including freedom of speech and press, peaceful assembly and association, as well as religion.

During the last two generations, the people of the UAE have been transformed from a traditional, largely rural population with little or no access to education and health services to a modern, urbanized society with sophisticated infrastructure. With this extraordinary growth came large-scale immigrationâ€"the total UAE population increased by nearly 75 percent between 1995 and 2006. Today, UAE nationals form approximately 19 percent of the total population.

With this rapid urban development and population expansion have come new challenges for the UAE, its people and government. Among them are human trafficking and workforce rights. The UAE is actively addressing these issues, by creating appropriate domestic legal frameworks and enforcing them, as well as creating partnerships with international institutions, nongovernmental organizations and other governments.

Getting Around Dubai. Local Transportation

The most common form of local transportation is the cream colored local taxi. The taxis are very dependable, and are not that expensive. Non-metered taxis work out a whole lot cheaper, if you want to loosen your collar a bit.

If you are staying at a hotel, check whether your hotel has airport transfers. It most probably will. Most hotels in Dubai do. They can arrange for transportation to and from the airport.

If you are flying Emirates business or first, you can avail of their limo service to and from the airport. They are extremely punctual and their hospitality is out of the world. So if you're flying Emirates, you had better make use of it.

Initially, while getting around you might get a bit confused because every major intersection has some construction work going on. So diversions might be a bit too much. But, once you drive around a bit, you'll appreciate Dubai for what it is!

2010 Online Election Results

To monitor the result of the 2010 elections, follow this link: http://electionresults.ibanangayon.ph/res_reg4404001.html