Monthly Archives: July 2015

MANILA, Philippines – The Department of Trade and Industry (DTI) said there is no need to remove the suggested retail price (SRP) tag for basic necessities and prime commodities as its absence would only lead to price abuse.

The public has always been familiar with the terms tax dodging, tax avoidance, and tax structuring. However, in today’s international tax parlance, terms have evolved into more creative and catchy phrases. One may have probably encountered the terms “Double Irish” and “Dutch Sandwich”, more often combined by tax lawyers as “Dutch Sandwiches washed down with…

THE PHILIPPINES may find it difficult to sustain its streak of positive export growth this year due to sluggish global demand and base effects from 2014, an analyst at DBS Bank Ltd. yesterday said.

THE DEPARTMENT of Justice (DoJ) Office for Competition (OFC) has recommended a review of the present Suggested Retail Price (SRP) mechanism, saying that it has removed incentives to compete on price.

FOR YEARS after the 2008 financial crisis, Asia’s rapidly expanding economies propped up global growth, with China clocking a pace of more than 9%, pulling along its neighbors.

Recently, the Conditional Cash Transfer (CCT) Program implemented by the Department of Social Welfare and Management (DSWD) came under attack. Again. More popularly known as 4Ps or Pantawid (Pantawid Pamilya Pilipino Program), political commentators seized on a report by the Asian Development Bank (ADB) which stated that close to P19 billion of the 4Ps budget…

Joel Locsin/KBK, GMA News, July 13, 2015 A Filipina maid was beaten up and killed by her Sri Lankan colleague in their employer’s house in Fujairah in the United Arab Emirates, a UAE news site reported early Monday.

Originally posted on 25 June 2015 Ask anyone to name the most polluted city in the world, and chances are the immediate response will be Beijing. In truth, the Chinese capital is only half as polluted as the city in the top spot – Delhi.

As the chief legal officer at Single Stop I’m typically not involved in the hiring decisions at our organization–except at the most senior level–but I do talk to our human resources department about what we should be looking for in candidates, and what it takes to succeed at Single Stop. We care about many things,…

Pope Francis left for Rome on Sunday at the end of a trip to South America during which he censured capitalism, championed the rights of the poor, warned of irreversible damage to the planet and urged youths to “make a mess”.

The Philippines will be able to export many of its products to the United States duty-free until 2017 under the Generalized System of Preferences (GSP) scheme.

BAGUIO CITY, Philippines — Two workers, who were cleaning up the Baguio City Camp Lagoon, were swept away by rampaging floodwaters on Thursday, when monsoon heightened by storms Egay and Falcon dropped moderate to heavy rains in the Cordillera region.

Post-2015 Voices around the world are demanding leadership in 2015 on poverty, inequality and climate change. These universal challenges demand
 global action, and this year presents unprecedented opportunities for achieving the future we want. This September, world leaders will gather at the United Nations in New York to adopt a new agenda for sustainable development.…

Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs in a new era of low prices for oil and other key commodities. This will result in a fourth consecutive year of disappointing economic growth this year, says the World Bank Group’s latest 2015 Global Economic Prospects…

Sam entered the HIV Testing clinic expecting to get an envelope with money. He exited with a letter that read “For confirmatory” in big block letters.

The post-2015 development agenda will require trillions in development resources. 1. The post-2015 development agenda, set to be launched at the United Nations Summit in New York this September, will require trillions in development resources, far surpassing current financial flows. Source: Statement by the Heads of the African Development Bank, the Asian Development Bank, the…

The Philippines was deemed the most able to adopt to changes as well as tap resulting opportunities among lower middle-income countries, mainly on the back of governance reforms, according to a report of global audit, advisory and tax services firm KPMG and Oxford Economics.

Two people died while six others were hospitalized due to gas poisoning in a mining tunnel in Mankayan town of Benguet, a police official said yesterday.

CAMP PRESIDENT QUIRINO, Ilocos Sur – Two persons died of electrocution Wednesday in the towns of Bantay and Caoayan, both in Ilocos Sur.

After an unfulfilling internship with a U.S. Congresswoman, my career in politics was over as fast as it started. The Leadership Insider network is an online community where the most thoughtful and influential people in business contribute answers to timely questions about careers and leadership. Today’s answer to the question: What advice would you give…

by the Philippine Star, Jul 9, 2015 Read here.

SOUTHEAST ASIA could expand slower than earlier expected, in line with projected sluggishness elsewhere, the International Monetary Fund (IMF) yesterday said.

As the country continues to face persistent problems of malnutrition and hunger, Sen. Juan Edgardo M. Angara has filed a resolution to look into the unchanging patterns of malnutrition in the country and find ways to improve the nutritional well-being of Filipinos.

LABOR market research by consultancy Mercer shows that Asia-Pacific salaries have increased but remain below the levels before the recent global economic downturn, the firm said in a statement on Wednesday.

The labor department has a checklist of indicators to determine if a student is at risk or already a victim of child labor MANILA, Philippines – Labor Secretary Rosalinda Baldoz recently urged officials and teachers of public schools to help identify child laborers among students, and inform authorities of confirmed cases.

Last Thursday the Human Rights Council sent a strong signal to the ongoing climate negotiations by adopting by consensus a new resolution on climate change and human rights.

Four Cabinet Secretaries, the heads of the Department of Finance (DOF), Department of Trade and Industry (DTI), Department of Budget and Management (DBM), and the National Economic and Development Authority (NEDA), sent a joint position to the House of Representatives and the Senate of the Philippines on the recent congressional amendments to the proposed Tax…

LONDON – About 800 million people still live in dire poverty and suffer from hunger despite the United Nations Millennium Development Goals (MDGs) being the most successful anti-poverty push in history, the UN said on Monday.

Have you ever been blindsided in a meeting? You adequately prepared. The objectives were clear. But then, BLAM! Someone objects to one of your assumptions about halfway through the meeting and others just add to the objections. You try to explain your reasoning, but no one comes to your defense. Others join in and you…

By Danessa O. Rivera (The Philippine Star), July 6, 2015 MANILA, Philippines – The Philippines needs to develop policy reforms for the local semiconductor industry to regain its competitive edge in the global market, a study done by the Economic Research Institute for Asean and East Asia (ERIA) said.