Monthly Archives: June 2014

MANILA, Philippines (Xinhua) – The government approved today a number of key Public Private Partnership (PPP) projects, mainly on infrastructure construction, in a bid to boost the country’s economic development.

Openings specifying a preference for “new” and “recent” college graduates may deter older applicants and run afoul of federal law. Young tech workers fill office parks and corporate cafeterias across Silicon Valley with few if any grey-haired colleagues in sight. It’s a widely accepted reality within the technology industry that youth rules. But at least…

FOR an industry that has come from having almost no economic impact over a decade ago to now employing nearly 700,000 Filipinos, the Philippine call-center business continues to be disparaged and criticized.

MANILA – Consumers in the Philippines are among the most socially conscious shoppers in the world, a recent Nielsen study revealed. The Nielsen Global Survey of Corporate Social Responsibility showed that the Philippines has the most number of consumers who are more willing to pay extra for products and services that come from socially responsible…

From the Department of Social Welfare and Development The Philippine government will launch on June 23 in Ormoc City the Kapit-Bisig Laban sa Kahirapan Comprehensive and Integrated Delivery of Social Services-National Community-Driven Development (KALAHI CIDSS-NCDDP) that will empower communities in over 800 municipalities nationwide to participate in the planning, budgeting and implementation of community-level projects…

If you are looking to improve your financial situation through entrepreneurship and smart investing, the best way to learn is by looking at the successful individuals who had done it before. And when we say success, we mean success measured by the billions.

MANILA – Three workers of an LPG refilling station were killed and two others were injured in an industrial explosion in Barangay Paing, Bantay, Ilocos Sur.

MANILA, Philippines – Ilocos Norte Rep. Rodolfo Farinas said yesterday Congress can approve a bill allowing divorce in the country, but if it becomes a law, the Supreme Court will surely strike it down as unconstitutional.

Manulife’s survey shows more investors still think it is a good time to invest in the Philippines MANILA, Philippines – The investor sentiment in the Philippines slipped in the first quarter of 2014, but remains the highest in the Asian region, alongside Malaysia, according to results from a survey published by Manulife, a Canadian insurance…

MANILA – The Export Development Council (EDC) is looking at a revised export goal of $90 billion for 2016—or 25 percent lower than the original target—to be incorporated in the three-year Philippine Export Development Plan (PEDP) currently being crafted.

Once upon a time, we had a prominently agricultural economy. Some limited industrialization took place in the postwar years, in the form of import-substituting industries fostered by protective trade barriers such as import controls and high import tariffs. But such inward-looking industrial growth has its limits and appeared to have hit the ceiling by the…

MANILA – Business groups warned that the unstable regulatory environment risks stunting the power sector at a time when the economy has been flourishing.

ONE thousand six hundred young Filipinos in Metro Manila, Pampanga, and Cavite are being eyed for the initial implementation of the JobStart Philippines program of the Department of Labor and Employment (Dole).

  LA TRINIDAD, Philippines—The Department of Environment and Natural Resources (DENR) is looking into the impact of gardens planted with salad vegetables that have sprouted over the years around the Mount Santo Tomas watershed in Tuba town. Last week, the DENR charged a congressman and three contractors with violations of environmental laws for their alleged…

SINGAPORE – To date, more than 200 companies here have pledged this year to show their cleaners that they matter, up from the 150 who made the commitment last year, the Labour Movement said.

MANILA – Traders, rice cartels and smugglers are easily the best people to blame for the spiking rice prices but a research fellow at the Philippine Institute for Development Studies (PIDS) says the Aquino administration’s rice self-sufficiency program and import policy may be the culprit for these recent price increases.

Being fit physically and mentally are essential for one’s overall wellbeing. However, it is inevitable to feel under the weather. Getting sick generally causes emotional and financial concerns. There are times when one puts off going to the doctor or a hospital because of monetary obligations. This could jeopardize one’s health even more.

BO SANCHEZ, lay preacher and bestselling author, recently launched his 38th book titled How To Deal with Difficult People, with this introduction: “Warning: This book will give you so much freedom, you’ll hate me for writing it only now.”

MANILA, Philippines–The Philippines is quickly becoming one of the four “hottest e-commerce markets” in the Association of Southeast Asian Nations, as the local economy presents a lucrative market for online sales, according to the Hong Kong-headquartered Dezan Shira and Associates.

MANILA, Philippines – More households that depend on remittances from family members working abroad are now saving and investing. This was according to a recent Bangko Sentral ng Pilipinas (BSP) survey, which indicated that in the second quarter of the year, 46.6 percent of remittance-dependent families said they had put a portion of their remittances…

At first glance, the Philippines and India are highly distinct from each other especially from the perspective of geography. The Philippines is an archipelago in Southeast Asia with population of 107.7 million. On the other hand, India is the colossus of South Asia with population of 1.24 billion (July 2014 est. CIA World Factbook). There…

FILIPINOS, particularly those in Eastern Visayas, are still reeling from the devastation caused by Supertyphoon Yolanda months after the super typhoon hit the region, according to IBON Foundation Inc.

THE Kilusang Mayo Uno (KMU) on Sunday slammed the management of Ibex-Global for allegedly firing an employee on maternity leave.

“That [bill] is definitely one of the priorities. It is on the Palace list and our list. It’s now in the advance level; anytime [after the adjournment sine die on July 27] it can hurdle committee level because the technical working group [TWG] prioritizes it,” House Speaker Feliciano Belmonte told the BusinessMirror.

JAPAN is sending a high-level trade delegation to the Philippines today to fortify the two countries’ economic relations and put flesh to Tokyo’s plan to make the country its manufacturing investment hub in the Association of Southeast Asian Nations (Asean).

MORE Filipino households were able to set aside money as savings in the second quarter, as the country’s economic prospects turned rosier in the April-to-June period based on a survey conducted by the Bangko Sentral ng Pilipinas (BSP).

IT will be business as usual for the Department of Agrarian Reform (DAR) come July 1 as it steps up to issue more than 14,000 notices of coverage (NOCs) to private agricultural lands before June 30, 2014, DAR officials said on Saturday.

MANILA, Philippines – When planning for an early retirement, it is important to focus on a “magic number” and have the discipline to be faithful to it.

MANILA, Philippines – The head of the Department of Social Welfare and Development (DSWD) in Eastern Visayas expressed surprise over the report of the International Labor Organization (ILO) on the alleged proliferation of child labor in areas devastated by Super Typhoon Yolanda last November.

MANILA, Philippines—The Commission on Higher Education (CHEd) has lifted its moratorium against opening new programs on business administration (BA), hotel and restaurant management (HRM) and information technology (IT) by next school year.