Foreign direct investments (FDI) representing capital infused in domestic business ventures that remain invested for the long haul flowed inward on net basis in June this year, totaling $588 million, the Bangko Sentral ng Pilipinas said on Wednesday.

The Department of Trade and Industry (DTI) announced that it has reached an agreement with the Department of Finance (DOF) on the contentious measure to streamline fiscal incentives.

A lawmaker on Wednesday said that Energy Secretary Carlos Jericho L. Petilla and other energy officials must first exhaust all options under the authority and powers of the executive department and the Electric Power Industry Reform Act before asking President Aquino to seek emergency powers from Congress to solve the looming power crisis in the…

The National Economic and Development Authority (Neda) warned that if the instability of the country’s power supply will continue, the Philippines’s export growth may be affected for the rest of 2014.

From the National Economic and Development Authority Strong gains in the country’s employment in July 2014 show continued signs of dynamism in the labor market and sustained confidence in the economy, according to the National Economic and Development Authority (NEDA).

South Korea’s wage council has approved a 7.1-percent minimum wage increase that will be implemented next year and is expected to benefit over 35,000 Filipino workers once the Korean Minister of Employment and Labor approves it.

MANILA, Philippines—The head of the Trade Union Congress of the Philippines urged the government to invest more in education and infrastructure for the energy and agriculture sectors to draw more investments that would open up more jobs for workers.

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MANILA, Philippines — Overseas Filipino workers in South Korea can expect a higher pay in 2015 after the South Korea Minimum Wage Council (SKMWC) passed a 370 Korean won increase in the hourly minimum wage rate, the Department of Labor and Employment said Monday.

Manufacturers today are at a crossroads. One way is the business-as-usual approach based on the linear economy, in which goods are made to be used for a short time by consumers and then mostly dumped or incinerated. But with a growing world population and the emergence of billions of new consumers in the rising markets,…

I’ve written several articles on how to live a healthy life. But this time, let me list down 10 unhealthy habits everyone should avoid. The numbers in parentheses refer to the approximate reductions in lifespan each bad habit entails.

BE SPECIFIC: Instead of griping in general about strict provisions of the Constitution, advocates of amendments opening the door wider to foreign investors should specify the changes they want. That way, the issues could be joined, thus facilitating a more intelligent debate.

ABIDJAN – Gambia’s National Assembly has passed a bill imposing life imprisonment for some homosexual acts, officials said Monday, potentially worsening the climate for sexual minorities in a country with one of Africa’s most vocal anti-gay leaders.

A country’s global competitiveness is reflected in the list of companies in the global stage. Among these are: ADM, Bunge, Cargill and Dreyfus (the ABCD) for commodities; and Pepsico, Coca Cola, Mondelez and Mars (USA), Nestle (Switzerland), JBS (Brazil), Danone (France) for food processing. The top global retailers are: Walmart, Costco (USA), Carrefour (France), Tesco…

The lack of analytical skills is making several college graduates difficult to employ, the Employers Confederation of the Philippines (Ecop) said. At the Tapatan sa Aristocrat forum on jobless growth on Monday, Ecop Assistant Treasurer Lucy Tarriela said this stems from the “copy-paste” frame of mind of many young Filipinos.

DAVAO CITY—Corporate funding for social development efforts In Mindanao reached P1.1 billion and the organization encouraging corporate social responsibility (CSR) spending said it was setting its sight at pouring these resources to the small farm communities to increase chances of bringing the marginal families into the cycle of economic growth.

State-owned National Power Corp. said Monday it will appeal the order of the Supreme Court to settle P60.2 billion worth of backwages of former employees, saying it will affect the company’s finances and operation.

MANILA, Philippines – Understanding and cooperation. That was the request of Malacañang on Sunday to those involved in the port decongestion, which has been causing traffic jams in the metropolis.

MANILA, Philippines – The number of poor Filipinos decreased by 2.5 million last year, Economic Planning Secretary Arsenio Balisacan told the House appropriations committee Friday.

Thousands of food packs worth millions of pesos that could have helped Typhoon Yolanda’s victims were instead lost to spoilage, the Commission on Audit special report on Yolanda relief operations concluded.

From the National Ecnonomic Development Authority The National Economic and Development Authority (NEDA) is optimistic about the achievement of the Philippine Development Plan (PDP) targets for 2014 in the Industry and Services (I&S) sectors. Bright prospects are also seen for the achievement of end-of-plan targets in the financial sector.

MANILA – The implementation of the Common Effective Preferential Tariff scheme under the ASEAN Free Trade Agreement (AFTA) in 2015 may imperil the livelihood of about 62,000 sugar farmers and 600,000 sugar workers in the country, the Sugar Regulatory Administration (SRA) said.

Nurses who are still unable to find jobs overseas or in local hospitals should consider applying as clinical analysts in the business process outsourcing sector, a lawmaker said Sunday.

Is it system-related, a case of poor maintenance, bad management, normal wear and tear, a combination, or all? The series of Metro Rail Transit Line 3 (MRT3) mishaps and glitches since July alone, topped by the Aug. 13 overshooting by a malfunctioning train at the Taft Station that injured 38 passengers, point to the sad…

AMID a flurry of great economic news for the country, from a higher competitiveness ranking to increased growth, a group of business leaders, who banded together as Citizenswatch, organized a forum that aimed to search for other ways that could push the country several notches higher. Their recommendations show that the “doables” in leveling up…

The MOA between the DILG and SSS allows contractual personnel to register under the SSS’ Expanded Self-employed Program Coverage MANILA, Philippines – Contractual and job order (JO) personnel working in local governments units (LGUs) can now be covered under the Social Security System (SSS).

‘Do we really understand the growing problem of mental health crisis and suicide? If only we can take pause to listen and show someone that we care’ We, Filipinos, have always been known to exhibit a sunny disposition in life. Despite the tragedies and the daily chaos that we face, we can always muster the…