Monthly Archives: July 2013

WHILE government scientists noted the Philippines’s progress in research and development (R&D), its level is still behind some member-countries of the Association of Southeast Asian Nations (Asean).

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MANILA, Philippines – The Department of Health (DOH) had monitored 431 new cases of HIV last June, now the highest ever recorded on a monthly basis.

Economists use models to simplify concepts and explanations. In the elaborate world in which we live, this helps to penetrate on the key issues at hand. Last week, Paul Krugman, the Nobel Prize winning economist in his column in the New York Times, used the W. Arthur Lewis model of the economy to explain the…

MANILA, Philippines – Experts on political economy have warned that the wide disparity in rural and urban wages remained a roadblock to achieving inclusive, broad-based development, despite the country’s 7.8 percent growth in first quarter.

MANILA, Philippines – Legislative priorities outlined by President Aquino in his State of the Nation Address (SONA) are structural reforms which should be enacted soon to help foster sustainable growth, the International Monetary Fund (IMF) said.

“Mahigit apat sa kada 10 Pinoy o 43% ang nagsasabing walang nagbago sa sitwasyon ng ekonomiya kumpara noong isang taon.” Mas marami pa ring Pinoy ang naniniwalang walang nagbago sa ekonomiya ng Pilipinas.

The trade union advisory arm of the Organization for Economic Cooperation and Development (OECD) has reminded foreign companies here to respect workers’ rights in their investment destinations as mandated by the Guidelines for Multinational Enterprises.

ING Bank has significantly upgraded its growth forecast for the Philippines to 7.3 percent this year from its original projection of 6.1 percent.

The European Chamber of Commerce of the Philippines (ECCP)—making a litany of “discouraging” changes in rules midstream—warned the government anew that there could be an exodus of foreign investors from the country if it does not do away with its wishy-washy tendencies.

For years Brazil, Russian, India and China were the world’s emerging market darlings. But concerns have grown around each of these.

As larger numbers of Millennials move into management jobs, some face resentment from former peers with more experience. Alas, there’s no quick fix.

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Standard & Poor’s on Tuesday raised its Philippine economic forecast for the year but cut its growth projection for Asia-Pacific as a whole and citing the impact of a slowing growth in China, the world’s second largest economy.

ONE new human immunodeficiency virus (HIV) case is recorded in the Philippines every two hours this year, a Department of Health (DOH) official said Tuesday.

Geography and Human Development The 2012 Philippine Human Development Report with the theme Geography and Human Development is the 7th in the series of Reports which began in 1994. It focuses on geography as a deep determinant of human development and examines how it is linked to human development outcomes across provinces.

As Asia is on track to become the oldest region in the world, ADB is helping countries prepare for this vast demographic shift.

MANILA, Philippines – The Department of Social Welfare and Development (DSWD) yesterday assured the people that the agency is using the most efficient and economical options in distributing cash grants to poor families under the Pantawid Pamilyang Pilipino Program (4Ps).

MANILA, Philippines – A ranking leader of the House of Representatives urged Congress yesterday to consider a new round of salary increase for the more than one million government personnel.

unemployment/underemployment continue to rise even with all the news reports about fresh investments and expansion plans in the country, then there is something wrong with the country’s economic development programs.

MANILA, Philippines – The Department of Finance (DoF) expects a 16.6-percent hike in individual income tax collections this year as the Bureau of Internal Revenue (BIR) steps up efforts to crack down on tax avoidance.

MANILA, Philippines—To help stop abuses against lesbians, gays, bisexuals, and transgenders (LGBTs), the Commission on Human Rights on Tuesday said it will systematically document “hate crimes” against LGBTs, just like the human rights violations during Martial Law in the 1970s.

Cagayan de Oro City in Misamis Oriental is the most competitive city in the country, according to the 2013 Cities and Municipalities Competitiveness Index.

When poverty figures and unemployment/underemployment continue to rise even with all the news reports about fresh investments and expansion plans in the country, then there is something wrong with the country’s economic development programs.

MANILA – The Philippines said Tuesday it is lifting a nine-year ban on sending workers to Iraq, declaring the country mostly safe despite its worst bout of violence in years.

ABU DHABI // The Philippines’ new labour attache in Abu Dhabi hopes to reduce the number of his countrywomen coming to the UAE to work as housemaids by 2016, and focus more on sending skilled workers and professionals.

A worker was seriously injured after accidentally touching an underground power cable in Pasay City Tuesday afternoon.

A construction worker died after falling off a bridge in Paracale town in Camarines Sur province Tuesday morning.

MANILA, Philippines – The Social Security System (SSS) is pushing for an increase in the monthly salary credit ceiling from P15,000 to P16,000 since the amount of benefits are related to income.

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