MANILA, Philippines—The country’s adoption of the K-12 education program is expected to result in a wave of mergers and acquisitions (M&As) among operators of academic institutions.
MANILA, Philippines – Four local governments who host renewable energy (RE) projects shared how these inspired the confidence of other investors.
ENERGY Secretary Carlos Jericho Petilla sees a downside in the 7.5-percent economic expansion in the second quarter of the year. With the economy growing above forecasts, Petilla said the pipelined power plants may not be able to meet the vastly increasing energy needs in the near future, particularly in Luzon.
THE BETTER-THAN-EXPECTED 7.5% 2Q13 growth certainly brought cheer to local stocks battered by two weeks of bad news. The main stock index rose a cumulative 6.0% in the past two days following the announcement last August 29 that the local economy bested other Southeast Asian countries where growth ranged from 2.8% (Thailand) to 5.8% (Indonesia)…
Foreign portfolio investments (FPIs) flowed out of the country during the week in August when the rains poured in torrents and when apprehensions over the impact of the end of a period of lax monetary policies in the United States, known as quantitative-easing (QE) tapering, were at its highest, latest data from the Bangko Sentral…
Women have entered almost all fields of professions these days. Be it armed forces of business, women can be found working in all environments. It is a fact that these days, women are starting new firms at twice a rate of all other businesses and according to a research it is projected that women labor…
SAINT PETERSBURG, Russia – G20 leaders warned on Friday that global economic recovery is too weak, with the risk of a further slowdown and some emerging markets showing particular fragility.
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MINIMUM wages in Metro Manila will be increased by P10 to a range of P429-466 per day, the Labor department announced on Friday.
GENEVA – Switzerland has kept its title as the world’s most competitive economy for the fifth year running, though it needs to resist any temptation to protect its core banking sector if it wants to stay top, the World Economic Forum said on Wednesday.
(Reuters Health) – In a large new U.S. study, migraine headaches were found to be more likely to happen to people with lower household incomes, but tended to go into remission at the same rate for people at all income levels.
MANILA – Tighter US monetary policy is likely to temper Philippines growth despite strong domestic consumption and government spending, the Institute of Chartered Accountants in England and Wales (ICAEW) said.
MANILA, Philippines—Given significant improvements in governance, innovation and drive against corruption, the Philippines has moved up six notches in the global competitiveness ranking to the 59th place this year, out of 148 economies.
MANILA, Philippines – The Philippines faces an enormous jobs challenge. Good jobs — meaning jobs that raise real wages or bring people out of poverty — needed to be provided to 3 million unemployed and 7 million underemployed Filipinos — that is those who do not get enough pay and are looking for more work—as…
As a result of investments and a refinement in Tourism courses, at least 10,000 jobs are being posted daily by luxury hotels, casinos and resorts nationwide, search engine operator JobsDB said Wednesday.
MANILA – (UPDATE 2, 3:57 p.m.) The Philippines climbed six notches in a World Economic Forum (WEF) survey that ranks countries based on how competitive they are in attracting business.
CUSTOMERS. Retailers watch out for consumption and lifestyle trends of Filipino workers in outsourcing companies. File photo by AFP MANILA, Philippines – Want to sell to Business Process Outsourcing (BPO) employees? Try these: breakfast, booze, and gadgets.
Slowing emerging economies seen weighing on global growth PARIS – Led by firm U.S. growth, the outlook is gradually improving for advanced economies while even crisis-weary Europe is at last joining the recovery, the OECD said on Tuesday.
MANILA, Philippines – Online recruitment portal JobStreet.com Philippines expects more job opportunities for Filipinos as companies look to expand in the third quarter of the year.
Isang construction worker, patay matapos makuryente sa Pasig City – DZBB Super Radyo
MAKILALA, Cotabato – One person died and another one was injured when suspected New People’s Army (NPA) rebels torched a rubber plant and planted a land mine at Bgy. Taluntalunan in Makilala, Cotabato Sunday evening.
MANILA, Philippines – A group of local recruiters has declared a moratorium on the deployment of household service workers (HSWs) to Singapore.
KIDAPAWAN CITY, Philippines– Communist rebels on Sunday night killed a worker of a rubber plantation and wounded another after setting on fire the firm’s multi-million processing plant in Makilala, North Cotabato.
TOKYO – Japan’s government is moving to take a more direct role in the clean-up of the wrecked Fukushima nuclear plant, as concerns grow over the ability of embattled operator Tokyo Electric to handle the legacy of the worst atomic disaster in a quarter century.
Since May 22, when talks about “Fed tapering” arose, interest rates across the globe started to shoot up. Capital which freely flowed to emerging markets because of the Great Global Monetary Easing (see The Great Global Monetary Easing, Oct. 22, 2012) began to reverse course, causing a vicious correction in emerging market stocks, bonds and…
The Philippines, Southeast Asia’s fastest-growing economy, can differentiate itself from its regional peers that are grappling with slowing growth and deteriorating external balance sheets, based on a common theme cited by international researchers in the past few days.
A significant improvement in the job market can be expected in the fourth quarter this year as businesses look to hire more employees amid an expected surge in economic activity in the runup to the Christmas holidays.
MANILA, Philippines – Officials say a “rebalancing” of the key legs of growth in the country is happening. Services still accounted for half of the country’s gross domestic product (GDP) in the 2nd quarter, but the industry sector, particularly manufacturing, remained strong. Both contributed to the better-than-expected 7.5% growth in the 2nd quarter.
MANILA, Philippines – The peso’s current weakness is not likely to significantly impact on inflation, a Bangko Sentral ng Pilipinas official said.
MANILA, Philippines – The Philippine economy is expected to grow over seven percent this year, eclipsing the high end of the government’s official 6-7 percent target.