Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Navigation
Primary Navigation
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Top Stories
Most Popular
Secondary Navigation
Singapore
Asia Pacific
World
Search
Search:
In Philippines, even the Church feels financial pinch
AFP - 51 minutes ago
MANILA (AFP) - - Evangeline Rellanos has been selling candles outside San Pedro Cathedral in the heart of the Philippines' Davao City since she was seven years old -- but she has never seen business this bad.
"It's terrible," she told AFP. "This time last year I was selling more than 200 candles a day to worshippers. Today I am lucky if I sell 100."
"It's the financial crisis," the 22-year-old said with a shrug. "People are worried and are saving their money.
"Even my mother who sells clothing for religious icons has been forced to drop her prices substantially so people will buy."
It's a familiar story for many vendors who make a living selling religious icons outside the 161-year-old cathedral.
They are not the only ones feeling the pinch -- so is the powerful Roman Catholic Church which dominates this Southeast Asian archipelago of 90 million.
Attendances are up, according to the Church, but donations are dropping, indicating that while many ordinary Filipinos are finding comfort in the pews during these straitened times, they are keeping a hand in their pockets.
Archbishop Oscar Cruz, of the northern province of Pangasinan, told Radio Veritas that in his diocese collections had dropped by as much as 40 percent, despite a 20 percent rise in attendance.
"Since the crisis began last year collections have fallen off by around 40 percent," he told Veritas.
"Whenever life is hard and the people are struggling you'll see more people going to church.
"And since life is hard for the people, their donations are affected."
More than 27 million Filipinos -- nearly one in three -- live on a dollar a day or less, according to official figures.
About a third of the labour force is jobless or under-employed, and around eight million have gone abroad for temporary work.
When economic growth figures for 2008 are released next Thursday, they are likely to show the Philippines contracted to between 4.2 and 4.5 percent after hitting a 30-year high in 2007 of 7.2 percent.
This year growth is expected to be around 4.0 percent.
Labour Secretary Marianito Roque has warned that up to 60,000 jobs may be lost this year, mainly in the export-oriented electronics and garments sector, due to plunging global demand.
A survey by the Social Weather Stations at the end of last year found that 52 percent of Filipino families consider themselves to be poor while a further 24 percent said they were borderline.
While the government admits the global economic crisis is having an effect here, the full impact has been cushioned by remittances sent home by overseas Filipino workers.
Remittances for last year are expected to total around 15 billion dollars, representing around 10 percent of gross domestic product.
Manila's archbishop Cardinal Gaudencio Rosales said recently that despite the crisis, "Filipinos have a trait that is sometimes overlooked, especially when there is a crisis... faith in God."
While Church leaders are reluctant to talk specifics when it comes to money and attendances, they readily admit they are facing a cash problem.
In the Archdiocese of Palo, on the central island of Leyte, the Church is looking at how to improve its finances as donations dwindle.
Monsignor Bernardo Patin, parish priest of Saints Peter and Paul church in Ormoc city, said parishes were seeing low collections, and would have to study "new ways to raise funds" in order to maintain buildings and carry on helping the poor.
Monsignor Achilles Dakay, the spokesman for the Archdiocese of Cebu in the central Philippines, said he could not say for certain if donations had fallen off due to the financial crisis.
"We don't keep track of these things," he said, adding collections are the responsibility of local parishes.
Still, Cebu parish priest Bryan Brigoli told AFP that if the absence of big notes was any indication, then "yes, there has been a drop in donations."
"You no longer see a single 1,000-peso note or 500-peso note these days in the collection box," he said. At current rates, 1,000 pesos is just over two dollars.
"All you can see are coins and some 20-peso notes -- the last time I saw a 1,000-peso offering was last June."
Email Story
IM Story
Printable View
Blog This
Recommend this article
Average (0 votes)
Sign in to recommend this article »
Most Recommended Stories »
Related Articles: China's Economy
Obama's tough yuan stance unlikely to sway ChinaAFP - 19 minutes ago
India's outsourcing sector faces bleak outlook: analystsAFP - 32 minutes ago
Bank-born crisis engulfs workers worldwideAFP - 39 minutes ago
In Philippines, even the Church feels financial pinchAFP - 51 minutes ago
Related Articles: Business
Obama's tough yuan stance unlikely to sway ChinaAFP - 19 minutes ago
India's outsourcing sector faces bleak outlook: analystsAFP - 32 minutes ago
Bank-born crisis engulfs workers worldwideAFP - 39 minutes ago
In Philippines, even the Church feels financial pinchAFP - 51 minutes ago
"Lonely" Thaksin vows to keep fighting for ThailandReuters - 1 hour 11 minutes ago
Enlarge Photo
In Philippines, even the Church feels financial pinch
Related Photos
Slideshow Full Photo Coverage: Business & Economy
Related Full Coverage
China Economy
china economy
All Full Coverage
Most Popular – Business
Viewed
'Dogs don't wear condoms,' says Baywatch star Anderson
Ring of fire: Indian Ocean to see solar eclipse
World crisis deepens as downturn bites in Asia
Child matador kills six bulls in Mexico
Recession grips Britain for first time since 1991
View Complete List »
Search:
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Top Stories
Most Popular