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in their cybersecurity infrastructure as more than a third of the cybersecurity technologies they use are considered outdated, a new study by Cisco showed.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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by Elijah Felice Rosales – The Philippine Star, 9 Dec 2021 MANILA, Philippines — The government has borrowed $23.4 billion, or about P1.18 trillion, from overseas sources to fund its pandemic efforts, but plans to bring down its financing program starting next year as revenue collections recover with the economy’s reopening.

By: Agence France Presse, 8 Dec 2021 PARIS — With Chilean lawmakers approving a same-sex marriage bill Tuesday, we look at the situation across the globe.

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by Louise Maureen Simeon – The Philippine Star, 8 Dec 2021 MANILA, Philippines — The return of restrictive lockdown measures in the third quarter discouraged foreign investments during the period, with overall resources being poured into the country nowhere near recovery.

by Eva Visperas – The Philippine Star ALCALA, Pangasinan, Philippines — A woman was arrested in Barangay Poblacion East in this town over the weekend for alleged exploitation of minors online.

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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