Slowing emerging economies seen weighing on global growth PARIS – Led by firm U.S. growth, the outlook is gradually improving for advanced economies while even crisis-weary Europe is at last joining the recovery, the OECD said on Tuesday.
MANILA, Philippines – Online recruitment portal JobStreet.com Philippines expects more job opportunities for Filipinos as companies look to expand in the third quarter of the year.
Isang construction worker, patay matapos makuryente sa Pasig City – DZBB Super Radyo
MAKILALA, Cotabato – One person died and another one was injured when suspected New People’s Army (NPA) rebels torched a rubber plant and planted a land mine at Bgy. Taluntalunan in Makilala, Cotabato Sunday evening.
MANILA, Philippines – A group of local recruiters has declared a moratorium on the deployment of household service workers (HSWs) to Singapore.
KIDAPAWAN CITY, Philippines– Communist rebels on Sunday night killed a worker of a rubber plantation and wounded another after setting on fire the firm’s multi-million processing plant in Makilala, North Cotabato.
TOKYO – Japan’s government is moving to take a more direct role in the clean-up of the wrecked Fukushima nuclear plant, as concerns grow over the ability of embattled operator Tokyo Electric to handle the legacy of the worst atomic disaster in a quarter century.
Since May 22, when talks about “Fed tapering” arose, interest rates across the globe started to shoot up. Capital which freely flowed to emerging markets because of the Great Global Monetary Easing (see The Great Global Monetary Easing, Oct. 22, 2012) began to reverse course, causing a vicious correction in emerging market stocks, bonds and…
The Philippines, Southeast Asia’s fastest-growing economy, can differentiate itself from its regional peers that are grappling with slowing growth and deteriorating external balance sheets, based on a common theme cited by international researchers in the past few days.
A significant improvement in the job market can be expected in the fourth quarter this year as businesses look to hire more employees amid an expected surge in economic activity in the runup to the Christmas holidays.
MANILA, Philippines – Officials say a “rebalancing” of the key legs of growth in the country is happening. Services still accounted for half of the country’s gross domestic product (GDP) in the 2nd quarter, but the industry sector, particularly manufacturing, remained strong. Both contributed to the better-than-expected 7.5% growth in the 2nd quarter.
MANILA, Philippines – The peso’s current weakness is not likely to significantly impact on inflation, a Bangko Sentral ng Pilipinas official said.
MANILA, Philippines – The Philippine economy is expected to grow over seven percent this year, eclipsing the high end of the government’s official 6-7 percent target.
MANILA, Philippines – The country has only 18 days’ supply of rice from the National Food Authority (NFA) and even less stocks for commercial rice, according to a party-list lawmaker.
MANILA, Philippines – France has removed the Philippines from its list of countries deemed to be uncooperative in investigating foreign aid fraud.
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