The Philippine gaming industry will continue to ramp up materially over the next few years, Fitch Ratings said in a report released Friday.
The Philippine digital marketing industry is estimated to be worth P8 billion by 2016, requiring a surge of talent to meet the demand, said Michael Palacios, the newly inducted president of the Internet and Mobile Marketing Association of the Philippines (IMMAP), on Thursday.
MANILA, Philippines – Can you imagine your city with cars occupying only half of the roads, while all-weather bike lanes and sidewalks, bus rapid transit, and public trains have the other half?
MANILA, Philippines—The Philippine automotive industry continued to trudge behind its Southeast Asian neighbors, ranking last among five countries in terms of motor vehicle production as of end-December 2013.
MANILA, Philippines—President Aquino has created a club of 30 poorest provinces that will receive increased funding and national government support between now and the end of his term in 2016.
MANILA, Philippines – The Joint Foreign Chambers (JFC) support a proposed measure seeking to change the foreign investments law by removing restrictions on practice of professions and lowering the employment threshold for small and medium enterprises.
Despite big jump in November inflow MANILA, Philippines – Despite rising foreign direct investments, the research arm of Metropolitan Bank & Trust Co. said the country remains a laggard among Southeast Asian countries in terms of annual average FDI.
MANILA, Philippines – President Aquino ordered his Cabinet Tuesday to “intensify programs on job creation and social protection” amid the ballooning 12.1 million unemployed Filipinos.
The Millenium Development Goals (MDGs) are an unprecedented global effort to achieve human development goals that are identified collectively, achievable, and measurable. Globally, substantial progress has been made toward many MDG targets- including cutting in half the proportion of people living in poverty. Every region of the world has made progress.
MANILA, Philippines – Motor vehicle assembly in the Philippines rose by five percent in 2013 compared to a year ago but the country still lags behind its peers in the Southeast Asian region, according to the ASEAN Automotive Federation (AAF).
The Philippines is becoming one of the most notorious countries in the world for having the most number of coffins on wheels, specifically public transportation buses that people use when travelling on the roads.
BAGUIO CITY, Philippines – The Philippines slid to 149 in the 179-country World Press Freedom Index of the France-based Reporters Sans Frontiéres (RSF or Reporters Without Borders).
CABINET PRESSED TO EXPLAIN MANILA, Philippines—Baffled by the high unemployment rate, President Aquino on Tuesday quizzed the Cabinet on its “action plan for poverty reduction” as the benefits of a strong economy were eluding the country’s middle class and poor. Aquino presided over a rare full Cabinet meeting that included Vice President Jejomar Binay in…
RECENT discussion over the labour-supply effects of Obamacare has touched off a debate over the usefulness of the dignity of work as a social value. Leading Republicans argue that policies that discourage work and therefore signal that work is not important should be strongly resisted. Paul Krugman insists that it is impossible to maintain the…
MANILA, Philippines – The business process outsourcing (BPO) sector will further help drive economic growth in the Philippines but this could be dampened by the forthcoming ASEAN integration in 2015, a study by an international business consultancy group noted.
Contrary to popular belief, the majority of those who get infected with the deadly human immunodeficiency virus infection or acquired immunodeficiency syndrome (HIV/AIDS) in the country are highly educated.
MANILA, Philippines – Merchandise exports hit an all-time high in 2013 amid growth in shipments of non-electronic products. Data from the Philippine Statistics Authority (PSA) released yesterday showed the country’s merchandise exports reached $53.978 billion last year.
PARIS – Worldwide, one woman in 14 has been sexually assaulted by someone other than a partner, according to the first global estimate of the problem, published on Wednesday.
The Mines and Geosciences Bureau (MGB) raided an illegal mining operation in Camarines Norte at the weekend and arrested 14 Chinese nationals, MGB Director Leo Jasareno said.
12 February 2014 – While nearly 1 billion people have escaped extreme poverty in the past 20 years and child and maternal mortality have been cut by almost one half, much more work remains to be done to address inequalities and ensure the rights and dignity of all, especially women and children, top United Nations…
MANILA, Philippines – The Bureau of Internal Revenue has issued a new regulation, making the filing of the annual information return (AIR), which asks for information on taxpayers’ extra income, optional this year.
Last week, I made the point that smuggling, corruption and protectionist policies are almost the same thing. Where one of these activities is prevalent, chances are it is because the other two elements are also there as partners in misconduct.
In exceptional cases, the court may grant separation pay to employees dismissed for a just cause as an act of “social justice” or on “equitable grounds.” But not in this case of Rina. Let us find out why.
More than 3,000 Filipino workers have been in jail since last year while 800 others have died, many of them in accidents and due to illness, the Department of Foreign Affairs (DFA) said in its annual report.
When the summer months kick in, the DOE will put the entire power sector on “yellow alert.” That sounds a little ominous. Yellow has become the color code for incompetence.
Foreign businessmen say the Philippine economy must grow by 9 percent every year to reduce poverty. The American and Australian Chambers of Commerce say the economy’s current performance of 7 percent has yet to translate to more jobs, which it said could be created if government boosts the manufacturing sector. But the group says discouraging…
There are more jobless Filipinos as of the last quarter of last year according to a survey done by the Social Weather Station. Interestingly enough, although there are more who lost their jobs, more are optimistic that they can get better jobs this year.
How much of our recent economic growth benefits the Philippine countryside? Too little, it seems. Agriculture, the most dominant economic activity in rural areas, contributed a mere 0.1 percentage point to the 6.5 percent gross domestic product growth in the final quarter of 2013, while services and industry contributed 3.5 and 2.8 percentage points respectively.…
The income tax filing deadline for calendar year (CY) 2013 (15 April 2014) is just around the corner, and once again the individual taxpayers are confounded with the issue of whether to report income and other receipts that are tax-exempt and those that have already been subjected to final tax in the annual income tax…
The Senate on Monday approved a bill seeking to avert the possible blacklisting of some 80,000 Filipino seafarers from vessels from the European Union (EU), the same day the House of Representatives approved on third reading a counterpart bill.