by Lawrence Agcaoili – The Philippine Star, 17 Dec 2021 MANILA, Philippines — Placements under a voluntary retirement savings program jumped by 62 percent to P237 million as of end-September from a year ago as more Filipinos are opting to save more, according to the Bangko Sentral ng Pilipinas.

by Iris Gonzales – The Philippine Star, 17 Dec 2021 Strangers and friends alike are now hooked on e-sabong, the online version of that age-old national obsession bequeathed to us by the Spaniards.

by Ramon Royandoyan – Philstar.com, 17 Dec 2021 MANILA, Philippines — More Filipinos became poor in the first half of the year, as the pandemic wiped out gains of the Duterte administration in lifting people out of poverty.

by Louise Maureen Simeon – The Philippine Star, 17 Dec 2021 MANILA, Philippines — Women and youth in the country’s labor market are bearing the brunt of job losses due to the pandemic, with the government urged to ramp up social protection to address worsening inequality and ensure economic recovery.

by Joey Concepcion – The Philippine Star, 16 Dec 2021 Foresight and a pro-active stance. These made the difference in what the Philippines is right now: one of the safest places in the world.

by Louise Maureen Simeon – The Philippine Star, 16 Dec 2021 MANILA, Philippines — The Philippines should incorporate flexibility and revamp its policies on foreign direct investments (FDIs) to ensure economic recovery as capital inflow across the region will still be challenging in the near term.

by Lawrence Agcaoili – The Philippine Star, 16 Dec 2021 MANILA, Philippines — Remittances from overseas Filipinos sustained their growth momentum for nine straight months, hitting a three-month high in October as the Christmas season approaches, according to the Bangko Sentral ng Pilipinas.

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By: Philippine Daily Inquirer, 15 Dec 2021 MANILA, Philippines — About 11.9 million Filipinos were found jobless in September amid the worst surge in COVID-19 cases in the country.

by Boo Chanco – The Philippine Star, 15 Dec 2021 Many of our young people dream of working abroad. Indeed, many cannot wait to go abroad. They have seen their parents go abroad to support their families. They know how tough it is to get a good paying job at home.

by Agence France-Presse, 15 Dec 2021 The Asian Development Bank warned yesterday that the highly mutated Omicron coronavirus variant could have a “substantial” economic impact, as it trimmed its 2021 and 2022 growth forecasts for developing Asia.

by Janvic Mateo – The Philippine Star, 15 Dec 2021 MANILA, Philippines — The number of jobless Filipinos slightly decreased in the third quarter of the year, but remains above pre-pandemic levels, according to a survey conducted by Social Weather Stations (SWS).

by Cecille Suerte Felipe – The Philippine Star, 14 Dec 2021 MANILA, Philippines — The Senate approved on third and final reading yesterday the Expanded Solo Parents Welfare Act, which will benefit around 15 million single parents, 95 percent of whom are women.

by Louella Desiderio – The Philippine Star, 14 Dec 2021 MANILA, Philippines — Foreign business groups in the country have renewed their call to Congress for the passage of amendments to the Public Service Act (PSA), emphasizing the importance of the measure inattracting more foreign direct investments.

by Philstar.com, 14 Dec 2021 MANILA, Philippines — The Senate on Tuesday unanimously approved on third and final reading a bill that would create a separate department for overseas Filipino workers despite opposition from economic officials who have warned about bloating the government with new agencies.

by Ramon Royandoyan – Philstar.com, 14 Dec 2021 MANILA, Philippines (Update 1, 6:51 p.m.) — A faster-than-expected growth in the third quarter prompted the Duterte administration to hike its economic target for this year, which officials said would be feasible if vaccination further picks up and pandemic curbs become looser.

by Philstar.com, 14 Dec 2021 MANILA, Philippines — The Quezon City government opened Tuesday the country’s first unified database to track cases of violence against women and children in the city.

by Helen Flores – The Philippine Star, 13 Dec 2021 MANILA, Philippines — The Philippines ranked 23rd in the Climate Change Performance Index (CCPI) 2022, Malacañang has announced.

by Philstar.com, 13 Dec 2021 MANILA, Philippines — UNESCO’s Media and Information Literacy Alliance has awarded Manila-based Out of the Box Literacy Initiative first prize in the 2021 Global Media and Information Literacy Awards for its projects for media literacy and against disinformation.

by Lawrence Agcaoili – The Philippine Star, 12 Dec 2021 MANILA, Philippines — Financial technology (fintech) companies continue to threaten Philippine banks that remain slow in developing digital services, Moody’s Investors Services said in a report.

by Alexis Romero – The Philippine Star, 12 Dec 2021 MANILA, Philippines — President Duterte has signed an executive order (EO) instituting measures to ensure consistent and reliable electricity service in inadequately served areas, including transferring the power to take over the operations of ailing electric cooperatives to the Office of the President.

by Elfren S. Cruz – The Philippine Star, 12 Dec 2021 For those who truly love the Philippines and the Filipino people, it is such a frustrating experience to read the history of this country and see how backward we are. For some people there is an image of wealth because there are a very…

by 12 Dec 2021 THE LABOR department on Sunday said it would monitor the economic activities of foreigners in the Philippines, after relaxing border controls amid a coronavirus pandemic.

By: Cathrine Gonzales, INQUIRER.net, 12 Dec 2021 MANILA, Philippines — The Department of Labor and Employment (DOLE) has suspended all labor inspection activities this December to enable the agency to finish all pending labor standards cases and prepare the inspection program for 2020, Labor Secretary Silvestre Bello said Sunday.

by Richmond Mercurio – The Philippine Star, 11 Dec 2021 MANILA, Philippines — Companies in the Philippines need to refresh the technologies and solutions in their cybersecurity infrastructure as more than a third of the cybersecurity technologies they use are considered outdated, a new study by Cisco showed.

by Louise Maureen Simeon – The Philippine Star, 11 Dec 2021 MANILA, Philippines — The country’s trade deficit has ballooned to its highest level in almost three years, with imports outpacing exports as the economy regains momentum to recover from the pandemic, according to the Philippine Statistics Authority (PSA).

by Lawrence Agcaoili – The Philippine Star, 11 Dec 2021 MANILA, Philippines — The asset quality of Philippine banks improved for the second straight month in October as the industry’s gross non-performing loan (NPL) ratio eased to a six-month low of 4.42 percent from the revised 4.44 percent in September, according to the Bangko Sentral…

by Lawrence Agcaoili – The Philippine Star, 11 Dec 2021 MANILA, Philippines — The net inflow of foreign direct investments (FDIs) expanded for a fourth straight month in September, prompting the Bangko Sentral ng Pilipinas (BSP) to raise its 2021 target to $8 billion.

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