Monthly Archives: September 2019

By: Cielito F. Habito, Philippine Daily Inquirer, 20 Sep 2019 There are no ifs and buts about it: The news on overall investment in the country isn’t good. For the first time in 30 quarters (seven and a half years), fixed capital formation in our economy actually fell, registering -8.5 percent growth in the second…

by Greg Refraccion, Philippine Daily Inquirer, 19 Sep 2019 LIMAY, Bataan –– An employee of the Department of National Defense Arsenal in Camp Antonio Luna here died after his colleague accidentally shot him on Thursday morning.

by Harris Julio, ABS-CBN News, 19 Sep 2019 ISABELA—Patay ang isang construction worker matapos mahulog sa pinipinturahang tulay sa Barangay Calao East ng Santiago City, Isabela Martes ng hapon.

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The Straits Times/Asia News Network, 19 Sep 2019 While Singapore ranked the highest out of the four Asian nations included in the index, it still placed in the bottom half of the list at No. 13. The Straits Times/Asia News Network

by Vincent Cabreza, Philippine Daily Inquirer, 19 Sep 2019 BAGUIO CITY –– Anti-smoking proponents on Wednesday (Sept. 18) argued with local businessmen and a tobacco industry lawyer, who challenged the city’s 2017 “smoke-free ordinance,” that penalizes huge retailers and small village stores for selling sticks of cigarettes instead of a whole pack.

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NCR wage position 2018 (2)

By: Daphne Galvez, INQUIRER.net, 18 Sept 2019 MANILA, Philippines — The Department of Labor and Employment (DOLE) has come up with its own version of a measure that seeks to create a new department to cater to overseas Filipino workers (OFWs).

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NCR-wage-petition-2017-FINAL-copy-5-4 (5)

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by Kenneth Rogoff, 17 Sep 2019 Is it time for the United States to consider switching from income tax to a progressive consumption tax as a way of addressing growing wealth inequality? Many economists have long favored a consumption-based tax system for raising revenue on the grounds of efficiency and simplicity. However, despite occasional vocal…

by Krissy Aguilar, Philippine Daily Inquirer, 17 Sep 2019 MANILA, Philippines — The Department of Health (DOH) needed P257 billion to roll out the Universal Health Care (UHC) law, but was given only P160 billion.

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by Doris Dumlao-Abadilla, Philippine Daily Inquirer, Sep 17, 2019 The fast-growing Philippine offshore gaming operator (Pogo) industry has overtaken the information technology-business process outsourcing (IT-BPO) industry as the biggest market for new office space in Metro Manila and could contribute as much as $11.6 billion to the economy this year.

by Roy Stephen C. Canivel, Philippine Daily Inquirer, Sep 17, 2019 MANILA, Philippine — More online lending companies may soon face government scrutiny after the Securities and Exchange Commission (SEC) on Monday said it had issued cease-and-desist orders against 19 online lending applications.

https://reliefweb.int/report/world/iom-manual-community-based-mental-health-and-psychosocial-support-emergencies-and IOM Launches Manual on Community-Based Mental Health and Psychosocial Support in Emergencies and Displacement

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by Mary Grace Padin (The Philippine Star) – Sept 16, 2019 MANILA, Philippines — The Duterte administration’s Build Build Build program generated about three million additional jobs last year, according to the Department of Finance (DOF).

by Jess Diaz (The Philippine Star) – Sept 16, 2019 MANILA, Philippines — A proposed law reducing income tax on thousands of corporations could create more than one million new jobs over the 10-year reduction period, the measure’s principal authors said yesterday.

by Daxim L. Lucas, Philippine Daily Inquirer, Sep 16, 2019 MANILA, Philipppines — Local authorities — acting on a tip from the Chinese government — have uncovered what could be a growing online investment scam hiding behind a fledgling industry based in one of the country’s special economic zones.

by Louella Desiderio (The Philippine Star) – Sept 13, 2019 MANILA, Philippines — Foreign business groups in the country welcomed the recent approval of amendments to the Foreign Investments Act (FIA) at the House of Representatives, saying these would enable the Philippines to attract more investments.

by Richmond Mercurio (The Philippine Star) – Sept 13, 2019 MANILA, Philippines — The search may soon be over for an investor who can take over the shipyard facility of financially troubled Hanjin Heavy Industries and Construction Philippines in Subic, according to Subic Bay Metropolitan Authority (SBMA) chairman and administrator Wilma Eisma.