By: Daxim L. Lucas, Inquirer Business, 17 Oct 2019 The net outflow of short term investments from the Philippines was halved in September compared to the same period last year, but the total exodus so far of foreign portfolio investments continued to rise, according to data form the central bank.
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3 economists who study poverty win Nobel Prize Abhijit Banerjee, Esther Duflo, Michael October 15, 2019 STOCKHOLM — Two researchers from the Massachusetts Institute of Technology and a third from Harvard University won the 2019 Nobel Prize in economics on Monday for groundbreaking research into what works and what doesn’t in the fight to reduce…
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by Jess Diaz (The Philippine Star) – 14 Oct 2019 MANILA, Philippines — A party-list lawmaker yesterday urged the Philippine Amusement and Gaming Corp. (Pagcor) to take steps in preventing thousands of Chinese nationals working for Philippine offshore gaming operators (POGOs) from turning into TNTs or tago nang tago.
by Ben O. de Vera, Philippine Daily Inquirer, 14 Oct 2019 Social media may teem with clashing opinions over many issues, but some traits bound Filipinos like being conformist, religious and traditional, according to the National Economic and Development Authority (Neda).
MAPPING THE FUTURE By: Rolando T. Dy, Philippine Daily Inquirer, 14 Oct 2019 Why is rural poverty in the Philippines (30 percent) about 2.5 times that of Asean peers? The reasons emanate from agriculture growth and exports.
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By: Ben O. de Vera, INQInquirer Business, 14 Oct 2019 Social media may teem with clashing opinions over many issues, but some traits bound Filipinos like being conformist, religious and traditional, according to the National Economic and Development Authority (Neda).
by Jovic Yee, Philippine Daily Inquirer, 13 Oct 2019 MANILA, Philippines — Philippine Health Insurance Corp. (PhilHealth) has yet to draw up additional benefits for its direct contributors, as mandated by a new law. But starting next year, it would impose on them a 0.25-percent premium rate increase, bringing annual contributions to as high as…
by Catherine Talavera (The Philippine Star) – 13 Oct 2019 MANILA, Philippines — The Tourism Infrastructure and Enterprise Zone Authority has designated a new tourism enterprise zone (TEZ) in Bataan.
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‘Puwede namang sabay at hindi isa lang ang pagpipilian,’ says Senator Francis Pangilinan as the government mulls transitioning 23 provinces from rice farming to raising other crops by Rappler.com, 12 Oct 2019 MANILA, Philippines – Senator Francis Pangilinan on Saturday, October 12, called for a thorough study of the government proposal to shift 23 provinces…
By Roderick Abad, Business Mirror, 12 Oct 2019 THE Philippines remains one of the top preferred destinations for household helpers as the demand for them underwent an unprecedented increase in Saudi Arabia, reported a leading ethical platform for servant recruitment.
By Elijah Felice Rosales, Business Mirror, 12 Oct 2019 The refueling and logistics oiler USNS John Ericsson leaves Subic Bay, in the Subic Bay Freeport Zone. The Department of Trade and Industry (DTI) will be asking lawmakers to put up a cash fund that will be used to provide monthly allowance to workers that economic…
By: Karl R. Ocampo, Philippine Daily Inquirer 12 Oct 2019 MANILA, Philippines — The Department of Agriculture (DA) has decided to defer the implementation of safeguard duties on rice imports this week, even as prices of palay (unmilled rice) sank to an eight-year low.
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by Bilyaryo, 11 Oct 2019 Senator Win Gatchalian has called on the Department of Energy (DOE) Secretary Alfonso Cusi to be more transparent in its nuclear energy program agenda amid reports that the Philippines and Russia signed a deal on exploring the possible construction of nuclear power plant in the country.
By CNN Philippines Staff, 11 Oct 2019 Metro Manila (CNN Philippines, October 11) — The Social Security System (SSS) announced a fresh borrowing program for pensioners worth up to ₱200,000.
GOTCHA – Jarius Bondoc (The Philippine Star) – 11 Oct 2019 All’s set to dig the Metro Manila subway’s first three stations. Tunnel boring machines from Japan are being assembled. Government and international funding are allocated. Publicity fanfare is primed up.
By CNN Philippines Staff, 11 Oct 2019 Metro Manila (CNN Philippines, October 11) – The farm gate price of unmilled rice or palay is now at its lowest level since 2011, data from the Philippine Statistics Authority showed.
by Vito Barcelo, Manila Standard, 11 Oct 2019 Seven suspected victims of human trafficking were rescued by immigration officers at the Ninoy Aquino International Airport after they were intercepted for possessing spurious travel documents.
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Source: Xinhua| 2019-10-10 MANILA, Oct. 10 (Xinhua) — The Philippine economy is projected to grow 5.8 percent this year and 6.0 percent in 2020 and 2021, according to the Philippines Economic Update report released on Thursday by the World Bank.
By Paolo Barcelon, CNN Philippines, 10 Oct 2019 Metro Manila (CNN Philippines, October 9) – Immigration officials are seeking to deport hundreds of foreign nationals working in the Philippines without appropriate permits that were arrested by police and immigration officials Wednesday night.