RAID ON CHINESE-OWNED FISH FARM By: Joey A. Gabieta, Philippine Daily Inquirer, Jul 30, 2018 TACLOBAN CITY — Lured by a P5,000 monthly pay, a 15-year-old boy left his home here to join other male neighbors to work in a province in Luzon to help his family.
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by Lawrence Agcaoili (The Philippine Star), Jul 23, 2018 MANILA, Philippines — Economists of private banks expect higher inflation over the next three years amid higher and volatile global oil prices, weak peso, and the effects of the implementation of the tax reform program.
by Louella Desiderio (The Philippine Star), Jul 23, 2018 MANILA, Philippines — The Department of Trade and Industry (DTI) opposes the plan of the Philippine Economic Zone Authority (PEZA) to amend the Special Economic Zone Act to become a government owned and controlled corporation (GOCC) directly under the Office of the President and have the…
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By Tim Bross , Margaret Cronin Fisk , and Jef Feeley, Jul 13, 2018 Johnson & Johnson must pay $4.14 billion in punitive damages to women who claimed asbestos in the company’s talc products caused them to develop ovarian cancer. The company’s shares dropped in afterhours trading.
by Lawrence Agcaoili (The Philippine Star), Jul 12, 2018 MANILA, Philippines — A total of 52.8 million Filipino adults do not have bank accounts amid the heightened efforts of the Bangko Sentral ng Pilipinas (BSP) to promote financial inclusion. Results of the BSP’s 2017 Financial Inclusion Survey (FIS) show 60 percent of the respondents reported…
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By Greg Nichols for Robotics | Jul 10, 2018 New data confirms anecdotal reports of the blistering hot global automation industry That’s according to new data from the International Federation of Robotics, a major industry trade group. The data confirms previous anecdotal reports, as well as data from the Association for Advancing Automation (A3).
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‘Philippines on track to cut poverty’ by Julito G. Rada, Manila Standard, Jul 7, 2018 The 6.8-percent growth experienced in the first quarter this year puts the Philippines on track to sharply reduce poverty over the next four years, the country’s top economic managers said Friday.
By Juzel Danganan, Jul 6, 2018 MANILA — Filipinos are reaping the benefits, around PHP32.5 billion per month, due to the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law, an official of the Department of Finance (DOF) said.
(5TH UPDATE) Inflation climbs to another fresh high, exceeding market expectations and government forecasts by Ralf Rivas, Rappler, Jul 5, 2018 MANILA, Philippines (5th UPDATE) – Inflation continued to accelerate in June, reaching a fresh high of 5.2%, the Philippine Statistics Authority (PSA) reported on Thursday, July 5.
By Martin Mühleisen, http://www.ipsnews.net/2018/06/long-short-digital-revolution/ WASHINGTON DC, Jun 26 2018 (IPS) – Digital platforms are recasting the relationships between customers, workers, and employers as the silicon chip’s reach permeates almost everything we do—from buying groceries online to finding a partner on a dating website.
The Department of Labor and Employment says PLDT has been trying to ‘skirt’ around the law for years, violating labor laws and workers’ rights by Aika Rey, Rappler, Jul 3, 2018 MANILA, Philippines – The Department of Labor and Employment (DOLE) maintained that PLDT Incorporated must regularize more than 7,000 workers instead of terminating them.
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China unveils negative list for foreign investment in FTZsChina on Saturday unveiled a new negative list for foreign… Опубліковано People's Daily, China Субота, 30 червня 2018 р. China on Saturday unveiled a new negative list for foreign investment in the country’s pilot free trade zones (FTZs), with the number of items down to 45 from 95…
DTI says only few prices have moved since Nov. by Janina C. Lim, BusinessWorld, Jul 2, 2018 THE Department of Trade and Industry (DTI) said the prices of most goods it is monitoring have not moved since November, and neither have its suggested retail price (SRP) ceilings on commonly-purchased goods.
by Janvic Mateo (The Philippine Star), July 1, 2018 MANILA, Philippines — The Department of Education (DepEd) has approved the request of 947 private elementary and high schools to increase tuition this school year.
by: Roy Stephen C. Canivel With a report from Jerome Aning, Philippine Daily Inquirer, Jul 01, 2018 Employers are not convinced that the rising prices of oil products, as well as basic consumer goods and services call for an across-the-board increase in the daily wage in Metro Manila.