Monthly Archives: January 2014

SALES INVOICES can also serve as principal evidence of the sale of goods or properties for audit purposes, the Bureau of Internal Revenue (BIR) clarified.

This question crossed my mind after reading last week Labor Secretary Rosalinda Baldoz’s announcement that the government will allow the entry of foreign workers in at least 15 jobs in the country that have a shortage of skilled workers.

A series of labor complaints filed by thirty-one (31) cameramen and assistant cameramen for regularization and subsequently, illegal dismissal and non-payment of wages and/or backwages were dismissed in favor of broadcast company GMA Network, Inc. (GMA).

MANILA, Philippines – Filipino youth are generally optimistic about the future as it ranked fourth among emerging markets in the Asia-Pacific region in the MasterCard Youth Confidence Index.

MANILA — The Commission on Audit wants sanctions imposed on private contractors and field officers of the Department of Education (DepEd) for failing to meet the target number of new classrooms in 2012.

MANILA, Philippines – The Philippine property sector is expected to continue to grow this year as the country is seen as one of the best investment sites in the region and as the business process outsourcing (BPO) sector continues to expand and create demand for office space as well as other real estate developments, consultancy…

MANILA, Philippines – Manila is now the world’s second most important place for business process outsourcing, dislodging Mumbai from the position, according to the Tholons Top 100 Outsourcing Destinations for 2014.

Manila is now the world’s second most important place for business process outsourcing, dislodging Mumbai from the position, the Tholons Top 100 Outsourcing Destinations for 2014 released Thursday showed.

A 22-year-old gold miner died due to gas poisoning in an abandoned tunnel in Sagada town in Mountain Province on Wednesday.

MORE TRAFFIC PAIN BEFORE GAIN Up to 13 road and mass transport projects in the capital are in the pipeline in the next two years, the Metropolitan Manila Development Authority (MMDA) said Wednesday as it advised motorists and commuters to brace themselves for continued heavy traffic on major routes till 2016.

MANILA, Philippines – The government has reaffirmed its commitment to uphold sexual and reproductive health rights, saying the country has recognized these as inherent human rights.

The International Monetary Fund (IMF) has revised its forecast for the Philippine economy upwards as improving conditions in rich countries drive stronger demand for the nation’s exports.

The Aquino administration has put a cap on the total amount of compensation package that goes to top honchos of government-owned and -controlled corporations (GOCCs).

MANILA – Filipinos have been identified as one of the fastest growing travel spenders among emerging markets in 2013, data from the United Nations World Travel Organization (UNWTO) showed.

IN RECENT days, the peso has dipped to a three-year low at P45 to a dollar. Should government authorities panic? I hope not. Overall, its effect on economic growth, employment, the government’s fiscal position, and the Bangko Sentral’s financial position is positive.

THE PESO could weaken to as much as P46 to a dollar, New York-based consultancy GlobalSource Partners said, but will likely end the year at around P43-44.

MANILA, Philippines – Almost immediately after coming home from the United Arab Emirates, OFW Rey Salarda is already applying for another job abroad. “Yung kikitain mo kasi doon talagang hindi mo makukumpara dito, mas malaki,” he said.

MANILA, Philippines — What’s going to keep driving the growth of the Philippine property sector this year? Leading commercial real estate services firm CBRE Philippines is confident the Philippine property sector will continue to remain buoyant in 2014, as it says more foreign investors are finally recognizing the country as a top investment spot in…

The International Monetary Fund (IMF) on Wednesday raised its 2014 economic growth projection for the Philippines while cutting the regional outlook, saying Manila will get a boost from higher exports and the reconstruction of areas hit by Typhoon Yolanda.

MANILA, Philippines—The youth representative in the House of Representatives has sought an investigation of the discriminatory practices of schools against lesbians, gays, bisexuals and transgenders (LGBT), in order to allow legislators to craft new laws to protect their rights.

Global labour markets still stalled despite slow economic recovery, according to the ILO’s Global Employment Trends 2014 report, which calls for an urgent switch to more employment-friendly policies.

DAVAO CITY, Philippines – – A miner was killed yesterday when a tunnel collapsed in Taragona, Davao Oriental at the height of heavy rains brought about by a low-pressure area.

Disposable batteries are a costly way to buy power. Their days are numbered TIME was when a household torch used an incandescent bulb and gobbled disposable batteries. Now it is more likely to have a low-power LED (light-emitting diode) and a long-lasting rechargeable battery—or none at all: a flick of the wrist or a twist…

MANILA, Philippines – Growth in emerging markets (EMs) and developing economies including the Philippines is expected to remain strong this year but the International Monetary Fund warned they may see further capital outflows amid continued volatility.

MANILA, Philippines—Malacañang acknowledged on Tuesday that the benefits of a strong economy had not trickled down to the poor, but it vowed to focus on job generation amid a recent survey that found a significant decrease in the quality of life of Filipinos.

There is no excerpt because this is a protected post.

Reconstruction in areas devastated by Typhoon Yolanda is expected to fuel economic expansion this year MANILA – The Philippine economy again will grow faster than its neighbors but is unlikely to meet its target in 2014, according to the United Nations.

WASHINGTON – The International Monetary Fund raised its global growth forecast for the first time in nearly two years on Tuesday, saying fading economic headwinds should permit advanced nations to pick up the mantle of growth from emerging markets.

Top leaders at the 2014 World Economic Forum in Davos have warned Europe is not fully out of recession. They called for a more flexible labour market and a focus on innovation, technology and trade to stop Europe falling behind the US and China.

With the debate on whether the power generation rate increase — mistakenly referred to as “Meralco rate hike” — is justified or not, the role of WESM has been put under question. The Wholesale Electricity Spot Market was created under Sec. 30 of Republic Act 9136 or the Electric Power Industry Reform Act of 2001…