Monthly Archives: December 2014

The Philippines is the only country in Asia and the Pacific Region, which received an assessment of “significant advancement” for making several tangible efforts to eliminate the worst forms of child labor.

MANILA, Philippines—The Philippines has the potential to become the third-biggest player in the automotive manufacturing sector in the Asean next to Thailand and Indonesia, but it needs to put in place so-called key ‘enablers’ that will put the country in a more competitive position in the region, according to multinational management consulting firm McKinsey and…

There is no excerpt because this is a protected post.

There is no excerpt because this is a protected post.

CABADBARAN CITY – A miner was killed when a mine tunnel collapsed Friday afternoon at the height of heavy downpour at Sitio Seron, Barangay Del Pilar, this city, police said yesterday.

Filipino women wanting to work as household helpers in the United Arab Emirates may benefit from a prospective resolution that will allow their deployment there, a UAE news site reported Sunday.

IN 2015, the global community will mark the milestone year of several consensus and international standards agreements: the 20th year of the Beijing Declaration and Platform for Action, the 15th year of the United Nations Security Council 1325 on Women, Peace and Security, and the target year for achieving the Millennium Development Goals, among others.

Publication Date 11-2014 Abstract This paper assesses the effects of fiscal policy on both equity and growth, specifically whether it is possible to design fiscal spending so that it enhances equity without sacrificing economic growth and vice versa. A cross-country panel vector autoregression (PVAR) using the World Development Indicators confirms the growth effects of individual…

MONETARY AUTHORITIES will likely keep policy unchanged again at the last rate review for the year in the face of easing inflation and a cooling economy, a BusinessWorld survey of economists and bankers showed.

The country is likely to slow its transition into an upper-middle-income country in 16 years, if it would fail to implement the necessary policies needed to accelerate economic growth, the Asian Development Bank (ADB) said.

The brutal murders of two Indonesian women in Hong Kong at the start of November made sensational headlines, but less noticed are the sometimes brutal debt burdens that chain migrant workers to low-paying and sometimes dangerous jobs, including sex work.

MANILA, Philippines – The Hongkong and Shanghai Banking Corp. (HSBC) said the Philippine banking system remains one of the strongest in the 10-member Asean with credit growth seen strengthenings in the next few years. HSBC economist Frederic Neumann said Philippine banks possess excess liquidity with robust consumer demand growth while property prices continue to pick…

IT was the late President Corazon C. Aquino who first referred to overseas Filipino workers (OFWs) as “heroes” in a speech she gave to a group of domestic helpers in Hong Kong in 1988. But we cannot recall any president after Mrs. Aquino saying the same thing about our call-center employees. While many businesses were…

  MANILA, Philippines – With the soaring cases of HIV/AIDS in the country, the Department of Health (DOH) will aggressively promote programs that will raise awareness about the deadly disease which infects one Filipino every one hour and 15 minutes.

The Quezon City government, the Department of Health and USAID have partnered to deal with increasing cases of human immunodeficiency virus (HIV) and Acquired Immunodeficiency Syndrome (AIDS).

The International Labor Organization’s newest research shows real wage growth in developed economies is flat and global wage growth is mainly due to emerging economies.

The report by the non-government watchdog group Freedom House says online freedom declined in 36 of 65 countries surveyed WASHINGTON DC, USA – Internet freedom suffered this year as a growing number of countries stepped up efforts to spy on users and censor online postings, a global survey showed Thursday, December 4.

MANILA, Philippines—Government employees who have been “nice” and not naughty this year are in line to receive some P7.5 billion in productivity enhancement incentives (PEI) beginning the middle of the month.

Although some 10.4 million of them were jobless in the third quarter of 2014, Filipinos are now more optimistic of work available in the next 12 months, a new survey by pollster Social Weather Stations showed.

Concerns about the so-called “middle-income trap” have recently emerged among many middle-income countries, particularly after the term was coined in 2007 by two World Bank economists. Worried that they may become “trapped” at the middle-income level, these countries are seeking a set of policies that can help them achieve strong and sustained growth and eventually…

Ladies, don’t celebrate that promotion or raise just yet. Working women in the United States still face a bigger wage gap than those in other countries.

MANILA – The Philippines improves a bit in Transparency International’s Corruption Perception Index, which captures the perception of corruption in the public sector by business people and country experts outside the country.

LIMA – The Philippines, Cambodia and India were the countries hardest hit by extreme weather events in 2013, according to a study unveiled on Tuesday (December 2) at U.N. talks in Lima on a global deal to limit climate change.

MANILA, Philippines – The Institute of Chartered Accountants in England and Wales expects the Philippine economy to be the fastest growing in Southeast Asia next year.

CEBU, Philippines – A construction worker died while another is in critical condition after they fell from the 11th floor of a newly constructed building they were painting along Archbishop Reyes Avenue yesterday morning.

MANILA, Philippines – The World Health Organization (WHO) has asked countries in the Western Pacific region and Southeast Asia to ensure that the most vulnerable sectors to human immuno deficiency virus (HIV) are reached to achieve the target of ending AIDS by 2030.

Rightly or not, “port congestion” is being blamed for all imaginable national, corporate, and personal woes. Why is our sales dipping? Where are our raw materials? How come food is dear despite three fuel price rollbacks? Why is DPWH re-concreting roads only now during the holiday rush? What tripped the economy from 6.6 to only…