By: Maricar Cinco, Roy Stephen C. Canivel, Philippine Daily Inquirer, 24 Feb 2020 More than a hundred workers of Honda Cars Philippines Inc. (HCPI) were holed up on Sunday inside the car factory in Santa Rosa City, Laguna province, shocked at the announcement that the Japanese company’s 28-year-old production plant in the country would close…
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By: Daxim L. Lucas, Philippine Daily Inquirer, 23 Feb 2020 MANILA, Philippines — With 43 percent of Filipino women executives holding senior management positions, the Philippines ranked first among 32 countries surveyed in having the most number of women executives in top leadership roles, according to the Grant Thornton International’s 2020 Women in Business report.
1 patay matapos mabagsakan ng sako-sakong asukal sa Negros Occidental Isang kargador ang namatay habang dalawa ang sugatan nang madaganan sila ng sako-sakong asukal sa storage area ng isang milling company
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by Louisse Maureen Simeon (The Philippine Star), 22 Feb 2020 MANILA, Philippines — Farmers lost around P68 billion due to the effects of the Rice Tariffication Law, which saw the influx of more imported rice.
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By MADELAINE B. MIRAFLOR, Manila Bulletin, 21 Feb 2020 While consumers have saved more than ₱30 billion because of the influx of cheaper, imported rice in the market, Filipino rice farmers claimed they incurred nearly ₱70-billion loss since the implementation of rice importation under the Rice Tariffication Law (RTL).
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by Czeriza Valencia (The Philippine Star) – 21 Feb 2020 MANILA, Philippines — Foreign investment pledges approved by the country’s main investment promotion agencies surged to an all-time high of P390.11 billion in 2019, more than double from P179 billion in 2018, data from the Philippine Statistics Authority showed.
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by Philippine Daily Inquirer, 19 Feb 2020 According to the annual traffic index of TomTom, a Netherlands-based company that ranks traffic congestion in 416 cities worldwide, commuters in Metro Manila on average lost a total of 257 hours — or 10 days and 17 hours — in their commute during rush hour in 2019.
By Mayvelin U. Caraballo, Manila Times, 19 Feb 2020 MOODY’S Investors Service has lowered its growth forecast for the Philippine economy this year after taking into account the impact of the coronavirus disease 2019 (Covid-19) outbreak on the demand and supply chain in the Asia-Pacific.
by Delon Porcalla (The Philippine Star), 19 Feb 2020 MANILA, Philippines — Voting 228-0, the House of Representatives approved on third and final reading last Monday a bill that provides stiffer penalties for violators of the country’s law on child abuse, exploitation and discrimination.
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By Samuel P. Medenilla, Businessmirror, 18 Feb 2020 THE number of local tourists is expected to spike next month as the government launches its initiatives to “arrest and to cushion” the effects of the slowdown in tourist arrivals from the travel ban in some countries due to the novel coronavirus (Covid-19).
By Samuel P. Medenilla, Business Mirror, 18 Feb 2020 Construction laborers are busy putting up a call-center building on Macapagal Avenue in Pasay City. The private construction boom in the Philippines has proceeded apace the government’s “Build, Build, Build” centerpiece program to fill in a serious infrastructure gap. The Department of Finance said the previous…
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