Monthly Archives: May 2016

By Andrés Cala, The Daily Dose, May 31, 2016 Because this could see tons of nuclear waste put to good use. Big brains are racing to save our power-hungry planet. While solar, gas and wind are increasingly playing a role, many say there’s no escaping the need for nuclear power to maintain our tech-heavy worlds.…

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by Sunstar, May 27, 2016, http://www.sunstar.com.ph/manila/local-news/2016/05/27/calabarzon-house-helpers-get-pay-increase-476052 HOUSEHOLD service workers (HSWs) in Calabarzon are now entitled to more pay after the Regional Tripartite Wages and Productivity Board (RTWPB) – 4A approved their wage increase.

The results of the latest Social Weather Stations survey reflect an improvement in self-rated poverty in all regions except in Mindanao, the lowest in over 4 years by Jodesz Gavilan @jodeszgavilan, May 27, 2016, http://www.rappler.com/nation/134464-sws-poverty-poll-first-quarter-2016?utm_source=twitter&utm_medium=referral MANILA, Philippines – An estimated 10.5 million Filipino families consider themselves poor, the results of the latest Social Weather Stations…

By: Jovic Yee and Evelyn Cruz, @inquirerdotnet, Philippine Daily Inquirer, May 27th, 2016 It’s their time to shine—from being a largely unappreciated segment of the labor force to duly recognized partners in the Filipino home and community.

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CONTRACTUAL EMPLOYMENT – LEGAL AND SOCIAL PERSPECTIVES Delivered by TUCP President RUBEN D. TORRES before the PMAP General Membership Meeting on 25 May 2016 at Dusit Hotel, Makati. 1. Increasing demand to abolish labor contractualization a. Unity of the labor movement. Earlier, this year, I proposed to the four affiliates of the International Trade Unions…

MINIMUM wage earners in Metro Manila are set to receive pay increase starting June 2 after the Regional Tripartite Wages and Productivity Board (RTWPB) – National Capital Region (NCR) granted a P10 cost of living allowance (Cola).

By Czeriza Valencia (The Philippine Star), May 20, 2016, http://www.philstar.com/business/2016/05/20/1584900/gdp-growth-beats-forecast-hits-6.9-q1 MANILA, Philippines – The Philippine economy expanded at a better-than-expected rate of 6.9 percent in the first quarter of the year, outpacing growth in most Asian countries during the period, on the back of strong domestic consumption and government spending, the state-run data agency said…

By Aurea Calica (The Philippine Star), May 19, 2016, http://www.philstar.com/headlines/2016/05/19/1584756/law-improving-childrens-protection-signed MANILA, Philippines – President Aquino signed yesterday a law improving care and protection for children affected by disasters and increasing accountability among communities that will fail to ensure their welfare.

by Ben O. de Vera, @BenArnolddeVera, Philippine Daily Inquirer, May 16th, 2016 THE ECONOMY likely expanded at a faster pace during the first quarter partly on the back of election spending, but the incoming administration must put clarity as far as its economic agenda was concerned to sustain robust growth for the rest of the…

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Read the article here http://www.pressreader.com/philippines/the-philippine-star/20160516/282170765372704

By Jess Diaz With Marvin Sy (The Philippine Star), May 15, 2016 MANILA, Philippines – President Aquino has signed into law the Congress-approved bill governing the operations of the Overseas Workers Welfare Administration (OWWA). The OWWA law, denominated as Republic Act 10801, defines the functions of the agency, its board of trustees and its secretariat…

by Roderick T. dela Cruz, the Standard, May 14, 2016, http://thestandard.com.ph/business/205609/philippine-call-centers-on-the-verge-of-change.html Call centers and business process outsourcing companies are on the verge of change to meet the demands of the millennial generation, according to an industry expert who provides communications solutions for the IT-BPO industry.

http://tacticalinvestor.com/millennials-costing-us-economy-376-billion/ Millennials are costing the U.S. economy more than $376 Billion a year, according to a recent Gallup poll. The poll found that between 2008 and 2015, the economy lost approximately $949 million per day and $346.4 billion a year due to the lack of millennials spending money. An additional $30.5 billion was lost to…

by Bienvenido S. Oplas, Jr., 11 May 2016, http://www.bworldonline.com/content.php?section=Opinion&title=indcs-and-philippine-economic-and-energy-realities&id=127386 Energy poverty can kill today, not 30 or 100 years from now because of “man-made” warming or climate change. Dark streets at night because of expensive electricity and unstable energy mean more road accidents, more crimes. Or households using candles are courting more fires, more destruction…

by Pia Lee Brago, Philstar, May 8, 2016 The Philippines has signed a free trade agreement with the European Free Trade Association (EFTA) composed of Switzerland, Norway, Iceland and Liechtenstein, the Department of Foreign Affairs (DFA) said yesterday. Trade Secretary Adrian Cristobal Jr. signed the agreement with EFTA states on April 28 in Berne, Switzerland.

By Rey Gamboa (The Philippine Star), May 5, 2016 Japan imports bananas from the Philippines at seasonal tariff rates of 8.5 to 18.5 percent with no quotas, something our local growers had learned to lived with comfortably since the two countries signed a bilateral trade agreement in 2006 in Helsinki.

A summit on AI and business is told starter roles in many industries will be automated by machine learning systems, while other experts urge caution against such predictions. By Nick Heath, May 5, 2016, Young people will bear the brunt of AI-fuelled job losses as smart systems undercut entry-level roles in everything from marketing to…

By Lawrence Agcaoili (The Philippine Star), May 4, 2016, http://www.philstar.com/business/2016/05/04/1579478/imf-outlook-2016-philippine-growth-seen-fastest-asean MANILA, Philippines – The economic growth in the Philippines would remain robust on the back of resilient domestic demand, the International Monetary Fund (IMF) said.

This article is published in collaboration with IMF Direct. by Maurice Obstfeld, 13 April 2016, https://www.weforum.org/agenda/2016/04/the-imf-these-are-the-biggests-risks-to-growth/?utm_content=buffer20944&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer Global growth continues, but at an increasingly disappointing pace that leaves the world economy more exposed to negative risks. Growth has been too slow for too long. The new World Economic Outlook released today anticipates a slight acceleration in…

COMMENTARY by Kraig Swensrud APRIL 3, 2016, http://fortune.com/2016/04/03/entrepreneur-hiring-tips/?xid=soc_socialflow_twitter_FORTUNE It shouldn’t be about filling specific job titles. The Entrepreneur Insiders network is an online community where the most thoughtful and influential people in America’s startup scene contribute answers to timely questions about entrepreneurship and careers. Today’s answer to the question “How do you avoid hiring the…

by Andy Stern, The Ronald O. Perelman Senior Fellow, Richman Center, Columbia University, Thursday 14 April 2016, https://www.weforum.org/agenda/2016/04/we-must-attack-poverty-at-its-core-is-a-universal-basic-income-the-answer/?utm_content=buffer6d368&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer This post first appeared on the World Bank Jobs & Development blog. People stand on a platform at a train station in Tokyo December 8, 2014. Japan’s economy shrank more than initially reported in the third quarter on declines in…

ABS-CBN News, May 02 2016, http://news.abs-cbn.com/business/05/02/16/filipino-workers-most-stressed-out-by-low-pay-study Low pay is the top cause of stress for employees in the Philippines, a recent study by risk management company Willis Towers Watson showed.

All 5 presidential candidates have vowed to end contractualization if they win. A deeper study of the issue, however, suggests that workers and labor unions cannot rejoice just yet. by Carmel V. Abao and Tony L. Salvador, May 01, 2016, http://www.rappler.com/thought-leaders/131257-can-next-president-end-contractualization?utm_source=twitter&utm_medium=referral For the first time in Philippine electoral history, labor contractualization is a pivotal campaign…

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