Monthly Archives: February 2013

The annual growth of workers’ average pay in major industries was faster at 4.9 percent year-on-year in the third quarter of 2012 as growth in total compensation and gross revenue outpaced that of employment.

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ILO Green Jobs Programme coordinator, Peter Poschen, outlines the business and job opportunities that could emerge from a shift to a greener economy.

MANILA, Philippines (Update) – The surveys are moving like crazy. In the latest survey of Social Weather Stations reported by BusinessWorld, Team PNoy candidates gained points and walloped United Nationalist Alliance (UNA) candidates who suffered big losses.

An estimated P27.5 million of properties were destroyed when the New People’s Army attacked Del Monte and Dole-Stanfilco Philippines last Tuesday, February 19, in Bukidnon, Maj. Gen. Nestor Anonuevo of the Army’s 4th Infantry Division, said on Monday.

The region has the fundamentals, policy and confidence as well as room for ‘easy’ growth ASEAN is the region to be in again in 2013. After an estimated growth of 5.2 per cent in 2012, Asean’s gross domestic product or GDP (on a purchasing power parity or PPP-weighted basis) will grow 5.3 per cent this…

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We have come a long way, no doubt, with President Aquino’s “daang matuwid” and “no wang-wang” policy and all they symbolize. But the pursuit of good governance is far from complete. So far, the focus has dominantly been on people in public service, especially those in positions of authority where having the wrong people can…

THE LAST TIME that I spoke before the Management Association of the Philippines (MAP) was six years ago, in January 2007, when international confidence in the Philippines was improving because of rosy economic indicators — budget deficit and interest rates were down; inflation was under control; the stock market and foreign exchange reserves were up;…

MANILA – Forget what you learned about poverty causing crime. According to the National Statistical Coordination Board (NSCB), crime is more a function of income inequality.

THE AQUINO administration has posted improvements with regard to reforms sought by businessmen, the Joint Foreign Chambers (JFC) yesterday said.

MANILA – The Philippine economy in 2012 outpaced the growth of neighbors in Southeast Asia, the National Economic and Development Authority (NEDA) said on Monday.

BEIJING – Rising sovereign debt levels in advanced economies are spawning a crisis that threatens to topple the dollar and other reserve currencies, a Chinese credit ratings agency warned Monday.

DUTY-FREE PRIVILEGES granted the Philippines are at stake as the Office of the United States Trade Representative (USTR) has set a hearing on a complaint filed by an advocacy group.

The government has committed to complete its institutional reforms through the passage and implementation of critical reform measures this year to support the country’s goal of attaining growth in gross domestic product (GDP) of up to 7 percent in 2013 and 7.5 percent in 2014.

MANILA, Philippines – More than 250,000 jobs are left unfilled according to data released by state-owned Phili-JobNet (PJN). In a statement on Monday, February 25, Labor and Employment Secretary Rosalinda Dimapilis-Baldoz said PJN, the government’s official job search site, recorded a total of 268,278 job vacancies as of 15 January 2013.

The Philippine central bank said that employment outlook for the coming quarter remains bullish. In its latest Business Expectation Survey (BES) released on Friday, the Bangko Sentral ng Pilipinas (BSP) said that the employment outlook index for the next quarter increased to 23 percent.

DAVOS — The World Economic Forum’s annual meeting in Davos has lost some of its pre-crisis panache. After all, before the meltdown in 2008, the captains of finance and industry could trumpet the virtues of globalization, technology, and financial liberalization, which supposedly heralded a new era of relentless growth. The benefits would be shared by…

AN unpredictable legal environment in Southeast Asia is the top concern of investors, according to an Economist Corporate Network survey, highlighting the challenge the region faces as it seeks to integrate by 2015 in an effort to boost growth and attract more investments.

BRUSSELS: The Eurozone is staring at another full year of recession in 2013 with unemployment likely to surge above the 20-million mark and France in particular overshooting key fiscal targets, the EU warned on Friday.

What’s wrong with PH strategy? Those who are seeking genuine answers would do well to read a couple of books written by the late woman economist from MIT (Massachusetts Institute of Technology), Alice H. Amsden.

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Seven trends you can’t ignore. In today’s economy, many believe customer service will be the next competitive battleground in the enterprise. Disgruntled customers are increasingly voicing their dissatisfaction and frustration through social media, enabling their complaints to go viral in minutes. The challenge for contact center managers will be finding a way to offer the…

Press Release: Sokolove Law Auto show season is in full swing and the nation’s automakers are busily showcasing their hottest, most coveted cars to get consumers revved and ready to step into the showroom.

The symptoms are painful: low performance, high turnover, passive-aggressive behaviors, and general lack of focus on what’s important to your business. Is the source of the pain a problem with employees’ morale? Or is it a problem with motivation? And, more importantly, what can you do about it?

MUST-HAVES. A survey shows products that Filipinos can and cannot do without. Grocery cart image via Shutterstock. MANILA, Philippines – It doesn’t matter how rich or poor Filipinos are. They cannot live without toiletries.

President Aquino, assuring investors of competitive incentives, vowed on Wednesday to make it easier for them to put up new investments in the country. Addressing investors at the grand launch of Mactan Newtown, Megaworld’s latest Eastwood City township-type project in Cebu’s Lapu-Lapu City, Mr. Aquino noted that since he assumed the presidency in 2010, he…

WHY DO our economic managers continue to underspend for public infrastructure given the poor state of our airports, seaports, roads and bridges, urban mass transport, and the flickering power supply, and given that the cost of public borrowing is at its historic low? Why do they rejoice whenever the budget deficit is below planned target,…

THE “ALARMING” appreciation of the peso could erode the sustainability of economic growth, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in their most recent joint assessment.