By: Ben O. de Vera WITH A REPORT FROM LEILA B. SALAVERRIA, Philippine Daily, May 11, 2018 High consumer prices weighed down Philippine economic growth in the first quarter to 6.8 percent, or below government’s full-year target, the country’s chief economist said on Thursday.
The Department of Labor and Employment in Central Visayas (DOLE-7) issued a work stoppage order (WSO) against Cebu-Manila Water Development Inc. (CMWDI) in Carmen, Cebu following the work-related death of a personnel last April 30.
by Mayen Jaymalin (The Philippine Star), May 10, 2018 MANILA, Philippines — Over 850 commercial establishments might face sanctions for illegal labor contracting and violating other labor regulations.
by Philippine Daily Inquirer, May 09, 2018 After the fall of Mighty Corp. as a result of the government’s crackdown on illicit cigarette trading last year, some remnants of “underground” cigarette business continue to operate locally—at a smaller scale than before but still enough to cause concern, the chief of conglomerate LT Group Inc. (LTG)…
By Cherk Balagtas, Abante, May 9, 2018 Patay ang isang guro matapos na barilin ng kanyang nakikipagbalikang ex-boyfriend na isang pulis na patay din nang mag-suicide naman matapos mapatay ang biktima sa Lungsod ng Caloocan kamakalawa ng gabi.
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By: Ben O. de Vera, Philippine Daily Inquirer, May 09, 2018 The International Monetary Fund (IMF) has further raised its inflation forecasts for the Philippines in the next two years such that the multilateral lender cautioned monetary authorities to carefully watch the recent faster rate of increase in prices of basic goods.
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by Michael Taylor, May 8, 2018 KUALA LUMPUR (Thomson Reuters Foundation) – Migrant workers from the Asia-Pacific region sent $256 billion home last year, but more needs to be done to cut costs and make money transfers easier, said a United Nations report on Monday.
by Larry Kim, May 8, 2018 “If you’re interested in ‘balancing’ work and pleasure, stop trying to balance them. Instead make your work more pleasurable.” — Donald Trump We all have “stuff” to deal with in our everyday lives.
by Madonna Timbal-Senajon, ABS-CBN News, May 08 2018 Kulungan ang bagsak ng mag-amang suspek na nahaharap sa kasong human trafficking at child abuse matapos na gawing trabahador at abusuhin ang 13 batang Japanese nationals na pinangakuang pagaaralin ng English at karate. Photo courtesy of IGACOS Police IGACOS, Davao del Norte – Nasagip ng awtoridad ang…
by By Melissa Luz T. Lopez, BusinessWorld, May 7, 2018 THE BANGKO SENTRAL ng Pilipinas (BSP) may raise interest rates this week after nearly four years of staying on hold, with inflation hitting five-year highs and showing slim signs of slowing over the coming months, analysts said in a BusinessWorld poll.
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There is no way but up for the Philippine economy. Experts at the Asian Development Bank (ADB) voiced optimism that the Philippines will remain on a solid growth path, with indicators pointing to even faster expansion over the next two years.
by Janina C. Lim, BusinessWold, May 6, 2018 THE Korean Chamber of Commerce of the Philippines, Inc. said worries about the impact of tax reform on foreign investment are a minor concern compared with the country’s restrictions on foreign ownership.
Average rate in first 4 months breaches gov’t target By: Ben O. de Vera, Philippine Daily Inquirer, May 05, 2018 Inflation rose to 4.5 percent year-on-year in April, the fastest pace in more than five years, mostly on the back of a jump in prices of “sin” products, the government reported Friday.
CONTRACTUALIZATION CONTROVERSY By: Delfin T. Mallari Jr., Philippine Daily Inquirer, May 04, 2018 MULANAY, Quezon — President Duterte on Wednesday admitted that the executive order that he signed on Labor Day prohibiting certain labor contracting schemes had “no teeth.”
by Christine Joyce S. Castañeda, BusinessWorld, May 4, 2018 Consumer prices rose to its fastest pace in more than five years in April, the government reported this morning.
https://blogs.adb.org/blog/will-new-technologies-destroy-jobs-asia-new-adb-podcast Technology is radically transforming workplaces. While mechanization has been a cornerstone of industrial development, today’s advances seem to be accelerating. Robots and artificial intelligence are now even capable of replacing white-collar jobs.
Prices of goods are fast rising, but the pace temper soon enough. The National Economic and Development Authority (NEDA) reported that inflation jumped to 4.5 percent in April, faster than 4.3 percent in March and 3.2 percent last year.
BY RICHELLE PATAWARAN, Manila Times, May 3, 2018 Since 1903, the Philippines has been celebrating Labor Day annually to recognize the contribution of workers to the economy, and to raise awareness about labor issues affecting the rights of Filipino workers. In honor of Labor Day, we take this opportunity to revisit recent policies issued by…
by Jovic Yee, Philippine Daily Inquirer, May 03, 2018 Pollution caused by traditional cooking fuel is killing people in the Philippines at higher rates than those in most other countries in the Asia-Pacific region, according to the World Health Organization (WHO).
by ABS-CBN News, May 03 2018 MANILA – The Department of Labor and Employment said Thursday it denied PLDT Inc’s appeal to reverse its decision that ordered the company to grant regular status to 7,306 workers.
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Ayalas seal National Teachers College takeover The education arm of conglomerate Ayala Corp. has taken over of National Teachers College, a Manila-based school with around 10,000 students.
by Philippine Daily Inquirer, May 02, 2018 The militant teachers’ union Alliance of Concerned Teachers (ACT) faced a rebellion as some 3,000 public school teachers in the National Capital Region (NCR) bolted the group and formed their own union that its founders called DepEd Teachers Union-National Capital Region-National Labor Union (DTU-NCR-NLU).
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