The sound fiscal reforms that had improved the economic stature of the Philippines started during the term of President Gloria Macapagal-Arroyo, Moody’s Investors Service said in its latest report on the country. The report also reflected the worries of Filipino economists about government underspending limiting the country’s growth prospects.
BUTUAN CITY – Officials of the Department of Health (DoH) here are alarmed over the rising cases of Human Immunodeficiency Virus-Acquired Immune Deficiency Syndrome (HIV/AIDS) in Caraga region.
On October 1, 2015, President Benigno S. Aquino III signed the appointment papers of 27 public servants to various executive offices.
In August 2015, personal remittances from overseas Filipino workers totalled $2.3 billion, bringing the total personal remittances to $17.9 billion. For the first eight months of 2015, cash remittances registered a growth of 4.1 percent year-on-year to $16.2 billion.
I had the pleasure of recently attending the first graduation ceremony of over 500 young Filipinos involved in JobStart – a program designed to help out-of-school youth prepare themselves for the job market by giving them enhanced career guidance services, life skills training, technical training, and work experience. The Department of Labor and Employment (DOLE)…
MANILA, Philippines – The Department of Labor and Employment (DOLE) has stopped the construction of a power plant in Iloilo City due to an accident that resulted in the death of a worker.
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The media mogul behind Forbes Media says the growth in the Philippines will be sustainable should it continue to make reforms MANILA, Philippines – With several economies tumbling, the Philippines will continue to remain stable and strong should it reform its tax system and improve its infrastructure, said the chairman and editor-in-chief of Forbes Media.…
Lawmakers threw yesterday all support to the P1-billion funding allocated by the Aquino administration in the next year’s proposed national budget to curb growing cases of Human Immunodeficiency Virus and Acquired Immune Deficiency Syndrome (HIV/AIDS) in the country.
The Mactan Economic Zone 1 (MEZ 1) was finally declared labor laws compliant industrial zone after it failed to meet the requisites, the Department of Labor and Employment (DOLE) said.
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Even with the protection of Batas Kasambahay, a lot of domestic workers are still underpaid, overworked, and deprived of benefits provided under the law MANILA, Philippines – Anna tiptoes around the house and moves from one room to another with a laundry basket full of clothes. She mops the floors, dusts the shelves, refills the…
A 2015 Quality of Death study index has listed the Philippines as one of the worst places to die, next to Iraq and Bangladesh.
TUGUEGARAO CITY, Philippines – A 35-year-old carpenter died while a student is fighting for his life in separate incidents of electrocution in Cauayan, Isabela on Thursday.
The Trans-Pacific Partnership Weighing anchor Negotiators agree on an ambitious trade deal, but opposition to its ratification is already fierce Oct 10th 2015 | From the print edition Timekeeper DONALD TRUMP, an American presidential candidate, denounced it as “a terrible deal”. Another, Hillary Clinton, does not think it meets “the high bar” that should be…
The threat of El Niño to the farm sector—coupled with low demand for locally produced goods from the country’s major markets—would make it difficult for exporters to prop up their earnings in the remaining months of 2015, the National Economic and Development Authority (Neda) said on Friday.
MANILA – The government budget to treat HIV/AIDS cases will breach the P1 billion mark next year, “the price the Philippines has to pay for reportedly having one of fast growing HIV epidemics in the world,” Senate President Pro-Tempore Ralph G. Recto said Saturday.
They have built their massive fortune through several generations, growing and diversifying their empire while keeping the family in control of the boardroom. They lead conglomerates with combined market value of P1.5 trillion or about 12 percent of the Philippine economy.
Yep, it’s okay to mess up — but just a little. Everyone at some point in their life has been nervous about public speaking. It can be one of the most terrifying things to encounter. Getting up on that stage, suddenly you have flashbacks to that fifth grade book report that you definitely didn’t prepare…
MANILA – The richest family in Asia is from South Korea and has a combined wealth of nearly $27 billion, according to Forbes Asia. In its first Asia’s 50 Richest Families list, Forbes Asia named South Korea’s Lee family, who controls the Samsung Group, as the richest business dynasty in the region.
THE Commission on Human Rights (CHR) on Friday said there is a sharp increase in cases of human rights violations in the country and, although the number of incidents is not as big compared to that during the martial law period, it remains a cause of concern.
MANILA, Philippines – The Philippines led 19 other countries in agreeing to a high-level initiative that lays out financial means to combat climate change, which strips their vulnerable economies by more than $40 billion a year on top of tens of thousands of fatalities.
MANILA – After an 18-year interval (since 1997), Taiwan’s Ministry of Labor has finally raised the minimum monthly salary of foreign household service workers (HSWs) in that island nation, from NTD15,840 (presently equivalent to P22,500) to NTD17,000 (about P24,270) retroactive to September 01 this year.
MANILA, Philippines – The Department of Labor and Employment (DOLE) has stopped the demolition of the old Burnham Hotel in Baguio City.
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What can the Filipino public do to help curb the rising HIV/AIDS epidemic in the Philippines? MANILA, Philippines – The final Millennium Development Goals (MDG) report released by the United Nations (UN) in July 2015 showed that globally, new human immunodeficiency virus (HIV) infections declined by about 40% between 2000 and 2013.
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THE PHILIPPINES may grow at its slowest pace of below 5 percent for the first time in five years in 2016 as faltering China could lead Asia into a “protracted” growth crisis and the global economy into a recession, economists from global banking giant Citi said.