MORE TRAFFIC PAIN BEFORE GAIN Up to 13 road and mass transport projects in the capital are in the pipeline in the next two years, the Metropolitan Manila Development Authority (MMDA) said Wednesday as it advised motorists and commuters to brace themselves for continued heavy traffic on major routes till 2016.
MANILA, Philippines – The government has reaffirmed its commitment to uphold sexual and reproductive health rights, saying the country has recognized these as inherent human rights.
The International Monetary Fund (IMF) has revised its forecast for the Philippine economy upwards as improving conditions in rich countries drive stronger demand for the nation’s exports.
The Aquino administration has put a cap on the total amount of compensation package that goes to top honchos of government-owned and -controlled corporations (GOCCs).
MANILA – Filipinos have been identified as one of the fastest growing travel spenders among emerging markets in 2013, data from the United Nations World Travel Organization (UNWTO) showed.
IN RECENT days, the peso has dipped to a three-year low at P45 to a dollar. Should government authorities panic? I hope not. Overall, its effect on economic growth, employment, the government’s fiscal position, and the Bangko Sentral’s financial position is positive.
THE PESO could weaken to as much as P46 to a dollar, New York-based consultancy GlobalSource Partners said, but will likely end the year at around P43-44.
MANILA, Philippines – Almost immediately after coming home from the United Arab Emirates, OFW Rey Salarda is already applying for another job abroad. “Yung kikitain mo kasi doon talagang hindi mo makukumpara dito, mas malaki,” he said.
MANILA, Philippines — What’s going to keep driving the growth of the Philippine property sector this year? Leading commercial real estate services firm CBRE Philippines is confident the Philippine property sector will continue to remain buoyant in 2014, as it says more foreign investors are finally recognizing the country as a top investment spot in…
The International Monetary Fund (IMF) on Wednesday raised its 2014 economic growth projection for the Philippines while cutting the regional outlook, saying Manila will get a boost from higher exports and the reconstruction of areas hit by Typhoon Yolanda.
MANILA, Philippines—The youth representative in the House of Representatives has sought an investigation of the discriminatory practices of schools against lesbians, gays, bisexuals and transgenders (LGBT), in order to allow legislators to craft new laws to protect their rights.
Global labour markets still stalled despite slow economic recovery, according to the ILO’s Global Employment Trends 2014 report, which calls for an urgent switch to more employment-friendly policies.
DAVAO CITY, Philippines – – A miner was killed yesterday when a tunnel collapsed in Taragona, Davao Oriental at the height of heavy rains brought about by a low-pressure area.
Disposable batteries are a costly way to buy power. Their days are numbered TIME was when a household torch used an incandescent bulb and gobbled disposable batteries. Now it is more likely to have a low-power LED (light-emitting diode) and a long-lasting rechargeable battery—or none at all: a flick of the wrist or a twist…
MANILA, Philippines – Growth in emerging markets (EMs) and developing economies including the Philippines is expected to remain strong this year but the International Monetary Fund warned they may see further capital outflows amid continued volatility.
MANILA, Philippines—Malacañang acknowledged on Tuesday that the benefits of a strong economy had not trickled down to the poor, but it vowed to focus on job generation amid a recent survey that found a significant decrease in the quality of life of Filipinos.
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Reconstruction in areas devastated by Typhoon Yolanda is expected to fuel economic expansion this year MANILA – The Philippine economy again will grow faster than its neighbors but is unlikely to meet its target in 2014, according to the United Nations.
WASHINGTON – The International Monetary Fund raised its global growth forecast for the first time in nearly two years on Tuesday, saying fading economic headwinds should permit advanced nations to pick up the mantle of growth from emerging markets.
Top leaders at the 2014 World Economic Forum in Davos have warned Europe is not fully out of recession. They called for a more flexible labour market and a focus on innovation, technology and trade to stop Europe falling behind the US and China.
With the debate on whether the power generation rate increase — mistakenly referred to as “Meralco rate hike” — is justified or not, the role of WESM has been put under question. The Wholesale Electricity Spot Market was created under Sec. 30 of Republic Act 9136 or the Electric Power Industry Reform Act of 2001…
CHIEF JUSTICE SERENO SAYS MANILA, Philippines—There is no need for actual evidence to show that there is collusion between the Manila Electric Company (Meralco) and the generation companies that could have led to the spike in electricity rate.
Some 3,000 delegates are attending the 7th Asia Pacific Conference on Reproductive and Sexual Health and Rights (APCRSHR) which kicks off at the Philippine International Convention Center today. They include government policy makers, program implementers and development partners who are reviewing the region’s accomplishments and programs for diverse populations, particularly adolescents and youth, women of…
Despite the country’s high economic growth, most Filipinos considered their quality of life, both at the national and personal levels, to have worsened in the previous 12 months, results of a Pulse Asia survey last December showed.
SINGAPORE: A migrant workers’ group has called for greater protection of the mental well-being of foreign domestic workers (FDWs). The Humanitarian Organisation for Migration Economics (HOME) said current laws in Singapore are not adequate in addressing the issue of mental health of FDWs.
MANILA – Ever wonder why the MRT3 is so congested especially during rush hour? Well, that’s because ridership has exceeded the train service’s rated capacity by about 60 percent, according to the Metro Rail Transit Authority (MRTA).
Doing the night shift throws the body “into chaos” and could cause long-term damage, warn researchers. Shift work has been linked to higher rates of type 2 diabetes, heart attacks and cancer.
MANILA, Philippines – Vice President Jejomar Binay yesterday ordered the Inter-Agency Council Against Trafficking (IACAT) to intensify its efforts and increase coordination with concerned government agencies and the private sector to go after child pornography rings in the country.
Employment among the top enterprises in Metro Manila during the third quarter of 2013 kept its growth pace from the same period the previous year as the Philippine economy continued to perform strongly.
MANILA, Philippines–The Philippine National Police urged Friday telecommunication companies to relax their policies on preserving data relevant to activities on child pornography.