by Ian Nicolas Cigaral – Philstar.com, 7 Dec 2021 MANILA, Philippines — There were fewer jobless Filipinos recorded in October, thanks to looser pandemic restrictions that have allowed people to find work. However, the quality of available jobs deteriorated in the face of hard economic times and high inflation.
by Ramon Royandoyan – Philstar.com, 7 Dec 2021 MANILA, Philippines — The World Bank on Tuesday upgraded its growth projection for the Philippines this year, but warned that effects of pandemic-induced economic scarring would mean the road to recovery would be rocky.
By: Doris Dumlao-Abadilla – Reporter, Philippine Daily Inquirer, 7 Dec 2021 The Philippine office property segment is seen to end this year on a strong note, with demand for additional office space rising by 38 percent from the level in 2020 when the pandemic disrupted most businesses, thanks to the resilient business process outsourcing (BPO)…
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BY CAI ORDINARIO, Businessmirror, 7 Dec 2021 OVER two million women rejoined the labor force in October but not all of them may have found decent jobs, according to the latest data released by the Philippine Statistics Authority (PSA), which reported higher underemployment on Tuesday.
By CNN Philippines Staff, 7 Dec 2021 Metro Manila (CNN Philippines, December 7) — The latest Social Weather Stations survey revealed that around 2.5 million Filipino families experienced involuntary hunger at least once in the past 3 months.
by December 6, 2021, Philstar.com MANILA, Philippines — Fourty-eight local agriculture groups are up in arms over the looming ratification of the Regional Comprehensive Economic Partnership (RCEP) trade agreement, which they said was finalized without consulting stakeholders in the farm sector.
by Emmanuel Tupas – The Philippine Star, 5 Dec 2021 MANILA, Philippines — A housemaid was arrested in Pasig City on Friday after she reportedly assaulted her employer for harassing her to change her religion.
by Louise Maureen Simeon – The Philippine Star, 4 Dec 2021 MANILA, Philippines — Consolidating small farmers in the Philippines into cooperatives and organizations could improve income levels and help the agriculture sector contribute more to economic growth in the country.
Elijah Felice Rosales – The by Philippine Star, 4 Dec 2021 MANILA, Philippines — The Bureau of Internal Revenue (BIR) will start looking into the tax compliance of offshore gaming licensees (OGLs) and will begin closing down firms found violating the new regulations.
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by Franz Lewin Embudo, 3 Dec 2021 According to iPrice, the P60,000 will only be for the one-off purchases of a newborn’s basic necessities, thus excluding bath products, cleaning accessories, clothing, feeding items, baby décor, or healthcare.
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by Reuters, 3 Dec 2021 GENEVA — Sixty-seven World Trade Organization members agreed on Thursday to pare back regulations such as licensing requirements placed on service providers operating in foreign countries, a move that could save $150 billion in annual trade costs.
by Mayen Jaymalin – The Philippine Star, 1 Dec 2021 MANILA, Philippines — Until the issuance of new verification guidelines, the Philippines won’t resume the deployment of Filipino household service workers (HSWs) to Saudi Arabia.
by Lawrence Agcaoili – The Philippine Star, 1 Dec 2021 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is pursuing digital solutions to enable offline payments as part of efforts to boost financial inclusion under the government’s Digital Payments Transformation Roadmap.
The 25 wealthiest families added $312 billion to their collective fortunes, a 22% gain since last August. — Bloomberg (@business) November 30, 2021
by Elijah Felice Rosales – The Philippine Star, 30 Nov 2021 MANILA, Philippines — The Department of Finance (DOF) has warned that putting up a microfinance cooperative in each barangay nationwide will harm the country’s fiscal standing due to the tax incentives that will be given out.
by The Philippine Star, 29 Nov 2021 MANILA, Philippines — The number of Filipino families who classified themselves as poor decreased from an estimated 12 million in June 2021 to around 11.4 million in September 2021.
by ABS-CBN News, 29 Nov 2021 MANILA — The Technical Education and Skills Development Authority (TESDA) said Monday it opened more courses in its online training platform as part of efforts to expand the program.
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by Louella Desiderio – The Philippine Star, 28 Nov 2021 MANILA, Philippines — The Department of Trade and Industry (DTI) expects the country’s merchandise exports to exceed this year’s target of $55.8 billion given the positive performance of products being shipped overseas.
by Louise Maureen Simeon – The Philippine Star, 28 Nov 2021 MANILA, Philippines — The Philippine economy may return to pre-crisis levels earlier than expected as key economic sectors enjoy significant improvements following the continued easing of mobility restrictions.
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By: Doris Dumlao-Abadilla – Reporter, Philippine Daily Inquirer, 26 Nov 2021 The office vacancy rate in Metro Manila may hit new highs in 2022 with the influx of new supply from property developers, according to property consulting firm KMC Savills. In its third quarter property report, KMC Savills noted that the office vacancy rate in…
by Lawrence Agcaoili – The Philippine Star, 26 Nov 2021 MANILA, Philippines — The Philippines is on its way to becoming the fastest growing economy in Southeast Asia next year as it continues to gradually recover from the pandemic-induced recession, Malaysian financial giant Maybank said.
by Danessa Rivera – The Philippine Star, 26 Nov 2021 MANILA, Philippines — AC Energy Corp. (ACEN) is removing oil exploration and mining in its primary and secondary purposes in line with the company’s goal to achieve net zero emissions by 2050.
by Mayen Jaymalin – The Philippine Star, 26 Nov 2021 MANILA, Philippines — Employers requiring their workers to get vaccinated or undergo swab tests face legal action, the country’s largest labor coalition warned on Wednesday.
by ABS-CBN News, 26 Nov 2021 MANILA – The Bangko Sentral ng Pilipinas on Friday said it has maintained credit card transaction ceilings set last year, including the maximum interest for outstanding balance at 2 percent per month.