by Amit KapoorBibek Debroy, 4 Oct 2019 Economic growth has raised living standards around the world. However, modern economies have lost sight of the fact that the standard metric of economic growth, gross domestic product (GDP), merely measures the size of a nation’s economy and doesn’t reflect a nation’s welfare. Yet policymakers and economists often…
Read more here.
by Ian Nicolas Cigaral (Philstar.com), 3 Oct
By Samuel P. Medenilla, Business Mirror, 3 Oct 2019 With the recent institutionalization of the National Council Against Child Labor (NCLC), the Department of Labor and Employment (DOLE) said it now has a higher chance of addressing the backlog in its anti-child labor targets.
by Czeriza Valencia (The Philippine Star) – 3 Oct 2019 MANILA, Philippines — Filipino women were found to stop working at the peak childbearing ages of 25 to 29 years largely because of traditionally held gender roles in home and childcare, according to a new study commissioned by the National Economic and Development Authority (NEDA).
Most of the women were foreign nationals. By Lia Savillo, 3 Oct 2019 This article originally appeared on VICE ASIA. Close to 100 women were rescued from suspected sex traffickers yesterday after Philippine authorities discovered a brothel that booked clients through an app.
By Lorenz S. Marasigan, Business Mirror 3 Oct 2019 WITH the Philippines undergoing some sort of baptism of fire under the Fourth Industrial Revolution (FIRE), job automation is expected to be a trend across different industries, a socially painful initiative that may displace 18.2 million employees.
by ABS-CBN News, 3 Oct 2019 MANILA – The Department of Energy (DOE) on Thursday said it is investigating a mudslide incident at a Semirara Mining and Power Corp. facility in Antique, where an employee is still missing.
Read more here.
Read more here.
Read more here.
Read more here.
By: Ben O. de Vera, Philippine Daily Inquirer, 2 Oct 2019 A foreign shipbuilding giant, but not a Chinese company, could take over the Subic shipyard left behind by Hanjin Heavy Industries and Construction Phils before the end of the year, according to the head of the Subic Bay Metropolitan Authority (SBMA).
By: Nikka G. Valenzuela, Philippine Daily Inquirer, 2 Oct 2019 Bar fronts for C MANILA, Philippines — It was the third raid on a prostitution ring in Metro Manila in less than a month, suggesting a thriving business catering to a market made up of mainland Chinese men working in the Philippine offshore gaming operator…
Read more here.
by ABS-CBN News, 1 Oct 2019 https://news.abs-cbn.com/video/spotlight/10/01/19/metro-manila-traffic-congestion-causing-social-consequences-adb-official An official of the Asian Development Bank warned traffic congestion in Metro Manila is not only hurting the economy but also causing unwanted social consequences. Several shorter-term solutions can be done. – Business Nightly, ANC, October 1, 2019
by Mayen Jaymalin with Rudy Santos (The Philippine Star) – 1 Oct 2019 MANILA, Philippines — Filipino domestic helpers in Hong Kong are getting a salary increase, the Department of Labor and Employment (DOLE) said yesterday.
Read more here.
Read more here.
by Ben O. de Vera, Philippine Daily Inquirer, 30 Sep 2019 The chief lobbyist and so-called “poster boy” of the Duterte administration’s comprehensive tax reform program on Monday, Sept. 30, challenged a group of foreign businessmen in the Philippines to prove its claim that 700,000 jobs would be lost if tax incentives were revised as…
by Jerome Aning, Philippine Daily Inquirer, 30 Sept 2019 MANILA, Philippines — The Philippines and the United Arab Emirates (UAE) have signed a memorandum of understanding (MOU) pledging bilateral cooperation to combat human trafficking and protect women and children, the Department of Foreign Affairs (DFA) said on Saturday.
PUV MODERNIZATION by Dona Magsino/RSJ, GMA News, 30 Sep 2019 Pro-modernization Pasang Masda president Obet Martin on Monday urged leaders of other transport groups to stop “misleading” jeepney operators regarding the program which aims to phase out jeepneys which are 15 years and older.
by Louise Maureen Simeon (The Philippine Star) – 30 Sep 2019 MANILA, Philippines — Farmers will now slowly benefit from the liberalization of the rice industry as the government released P2.46 billion as part of the tariffication fund, according to the Department of Agriculture.
By: Ben O. de Vera, Philippine Daily Inquirer, 30 Sep 2019 The Philippine Economic Zone Authority (Peza) has been peddling “erroneous and misleading” information in its effort to oppose the Corporate Income Tax and Incentives Reform Act (Citira), the Department of Finance (DOF) alleged.
https://twitter.com/ANCALERTS/status/1178478100004229120/video/1
BY ROBERT SIY, Manila Times, 28 Sept 2019 WE all have friends or relatives whose daily commute has become so onerous, costly or time-consuming that he or she is seriously considering a drastic change. Those who are more fortunate might have the option of another job or a different school. But, sometimes, the outcome is…
https://twitter.com/ANCALERTS/status/1177916340692062209/photo/1
Nuclear fusion could be the clean energy the world needs—and private companies are now working on machines to harness it. By Jon Asmundsson and Will Wade, 28 Sep 2019, Bloomberg Markets About two dozen private companies around the world are working to harness a transformative energy technology that could rescue the planet from climate catastrophe.…
Read more here.
Read more here.