Monthly Archives: November 2013

Dr. Shizuo Owata of the Japan International Cooperation Agency or JICA has been doing studies on our transportation system since the early ’90s. He had been part of one study after another through the years. Guess what? He is tired of doing all these studies, he told his audience of top business managers last Tuesday.…

Funds attracted by upgrade Investments in local shares, bonds, and government securities surged in October amid the renewed optimism of international fund managers on emerging markets, data from the central bank showed.

TUCP LETTER_H.E. AQUINO

Thousands of Filipino students graduate annually and they will all aim at attaining their dream jobs. The Commission on Higher Education (CHED) is expecting over 550,000 students to graduate in 2013, hence, over 500 thousand more people will be added to the work force.

THOUGH manufacturing has the potential to provide more jobs, industry leaders say that high labor and power costs continue to hinder the sector. “We have to reduce our power cost. Our labor cost is not competitive as well. These are what we should address,” said Arsenio N. Tanco, president of Coats Manila Bay, Inc., at…

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

MANILA, Philippines – Foreign direct investments (FDI) more than doubled in August on the back of sustained investor confidence in the Philippines, the Bangko Sentral ng Pilipinas (BSP) said yesterday.

WASHINGTON — U.S. experts are raising the alarm over the spread of drug-resistant malaria in several Southeast Asian countries, endangering major global gains in fighting the mosquito-borne disease that kills more than 600,000 people annually.

The Philippines is in the Top 3 countries most affected by climate-related weather catastrophes in 2012 according to Berlin-based environmental organization Germanwatch.

KUALA LUMPUR: David Yee charges each Filipina RM8,500 for helping them to work here as domestic helpers. “That includes proper documentation, airfare, insurance, medical examination and fee for the Filipino middleman,” he explained.

MANILA, Philippines – Most workers nationwide are now better off and are earning more to address their basic needs.

Local planters reported to be on equal footing with regional peers Agriculture officials said over the weekend that Filipino rice farmers have achieved a level of competitiveness comparable to those of neighboring countries.

Group hopes to meet target of generating 1.3M jobs, $25B in revenue The Information Technology and Business Process Association of the Philippines (IBPAP) has forged partnerships with industries and the academe to build a stronger workforce and help address the jobs-skills mismatch in the country.

MANILA, Philippines—The Department of Labor and Employment (DOLE) has lauded the government of Bahrain for its labor reform program, which includes new regulations aimed at upholding the welfare of migrant workers, including overseas Filipino workers (OFWs).

MANILA, Philippines — A number of Filipino youths are now unwittingly providing material for online pornographers as various voyeurs now harvest daring ‘selfie pictures’ posted on the net, a non-government organizaton (NGO) said.

PROFESSIONALS were the latest to turn up in the Finance department’s radar as it compared official registry data with the Bureau of Internal Revenue’s (BIR) list of last year’s biggest individual taxpayers. “Which professionals are top income taxpayers?,” the department asked in its latest Tax Watch ad where it noted that just a few out…

MANILA, Philippines – Despite living in a country that is prone to typhoons, earthquakes, floods and volcanic eruptions, Filipinos have little awareness of the benefits of insurance, an insurance company in the Philippines said.

One major trend in Philippine economic development is, despite rising income, the proportion contributed by industry to total output is one of relative decline. But at this stage of our development, this should not yet be the case.

The Philippine annual headline inflation further rose to 2.9 percent in October from the previous month’s 2.7 percent. Data from the National Statistics Office (NSO) showed that September inflation went up because of the uptrend in the prices of heavily weighted food and nonalcoholic beverages, and clothing and footwear. Inflation a year ago was 3.2…

The Philippine Institute for Development Studies (PIDS) said that the country’s manufacturing lag from the 1990s to 2000s caused the “boom-bust cycle” of the Philippine economy.

MANILA, Philippines – The International Labor Organization (ILO) estimates that around 440,000 workers were left jobless, most of them in the fishery sector following the 7.2-magnitude killer earthquake that rocked Central Visayas in the middle of last month.

MANILA, Philippines — Filipino families who said they were poor numbered 10.8 million in September, while a smaller number of 7.9 million families described themselves as poor in terms of food, according to a recent survey by Social Weather Stations (SWS).

MANILA, Philippines – Workers from the Calabarzon (Cavite, Laguna, Batangas, Rizal, Quezon) and 10 other regions are expected to receive salary increases after the regional wage boards completed public consultations on petitions for a pay hike, the Department of Labor and Employment (DOLE) said yesterday.

MANILA, Philippines – The number of Filipino families who consider themselves mahirap or poor increased by 400,000 in the past three months, a recent survey by the Social Weather Stations (SWS) showed.

MANILA, Philippines – The Philippines and the United States have signed an alliance agreement to educate Filipino workers in the US on their right to fair wages and working conditions.

MANILA, Philippines – The Department of Labor and Employment (DOLE) will soon come out with a new list of jobs considered hazardous for young workers.

MANILA, Philippines – Gabriel Casuga had always wanted to become a doctor. But not just any doctor. After watching on national television the life story of former Senator Juan Flavier – who himself was a doctor serving in the barrios (rural villages) prior to becoming Health Secretary – Casuga resolved to serve the barrios as…

Dozens of local manpower agencies say that their businesses are on the verge of closure because of a shortage of visas for Filipina domestic workers and increasingly strict rules on recruiting those from Indonesia. The agencies complain that recruitment charges for domestic workers have gone up by 40 percent and there are more restrictions on…