Geothermal plant mishap toll now 12 TACLOBAN CITY—Rescuers have recovered four more bodies at the landslide area inside the geothermal complex of the Energy Development Corp. (EDC) in Kananga town, Leyte.

THE PHILIPPINE government is committed to strong, sustainable and inclusive growth. The latter means that the poor should not be left behind in the development process. Since the government does not collect annual poverty incidence data, the measure that comes nearest to individual welfare is employment. A decent job gives an individual a more than…

The Philippines plans to propose legislative measures to ease curbs on foreign direct investments and help reduce unemployment, Economic Planning Secretary Arsenio Balisacan said.

COOPERATION among Asian economies has strengthened in response to global financial and euro zone debt crises, according to the Asian Development Bank (ADB) but more has to be done to address overlapping free trade agreements and non-trade barriers.

A “CORRIDOR” framework of monetary policy will enable the Bangko Sentral ng Pilipinas (BSP) to better manage liquidity and interest rate volatility, the International Monetary Fund’s (IMF) representative in the country said last week.

Everyone wants their contact center to be customer-centric. However, many aren’t, because they are stuck with outdated operational strategies that no longer work in today’s customer care landscape. With the rapid evolution of communication channels and technologies, organizations have to change their approach to engaging and retaining customers, to stay relevant and competitive.

MANILA, Philippines – From an average of nine new cases of HIV/AIDS a day in 2012, the Department of Health (DOH) registered 12 new cases daily in January this year.

MANILA, Philippines – Eleven Filipino businessmen have made it to Forbes’ 2013 list of world billionaires, more than the 6 who were part of the list a year ago.

BAYOMBONG, Nueva Vizcaya, Philippines – At least 35 percent of the country’s workforce both in the government and private sector are suffering from mental disturbance, the Department of Health (DOH) has said.

MANILA – Team PNoy senatorial candidate Cynthia Villar on Monday apologized to the Philippine Nurses Association (PNA) for her recent remarks in a forum that earned the ire of nurses.

MANILA, Philippines–More than 93 percent of barangay (village) roads nationwide and nearly 69 percent and 66 percent, respectively, of provincial and national roads remain unpaved.

The Asian Development Bank (ADB) has imposed sanctions against 42 companies and 38 people found to have engaged in corrupt practices while implementing ADB-financed projects last year.

TACLOBAN CITY, Philippines–The number of fatalities in last week’s landslide at the Energy Development Corp. geothermal complex in Kananga town, Leyte has risen to six with eight more workers still missing.

Stable prices: check. No growth: check. Record unemployment: check. Further European Central Bank action to jump start the eurozone economy: Let me get back to you. ECB President Mario Draghi says he’s doing what he can. Interest rates have been held at a record low since last July, and the bank has no plans to…

MANILA – Optimism is soaring that the Philippines is finally becoming an Asian tiger economy, but critics caution a tiny elite that has long dominated is amassing most of the new wealth while the poor miss out.

MANILA, Philippines – The Department of Social Work and Development’s Conditional Cash Transfer program is set to achieve its goals of promoting investments in the health and education of its beneficiaries, the World Bank reported on Friday.

MANILA, Philippines—Two weeks of intermittent rains triggered a landslide late Friday morning at the Energy Development Corp.’s geothermal steam field in Leyte, claiming the lives of five workers, the company announced. Six others were still missing.

The annual growth of workers’ average pay in major industries was faster at 4.9 percent year-on-year in the third quarter of 2012 as growth in total compensation and gross revenue outpaced that of employment.

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ILO Green Jobs Programme coordinator, Peter Poschen, outlines the business and job opportunities that could emerge from a shift to a greener economy.

MANILA, Philippines (Update) – The surveys are moving like crazy. In the latest survey of Social Weather Stations reported by BusinessWorld, Team PNoy candidates gained points and walloped United Nationalist Alliance (UNA) candidates who suffered big losses.

An estimated P27.5 million of properties were destroyed when the New People’s Army attacked Del Monte and Dole-Stanfilco Philippines last Tuesday, February 19, in Bukidnon, Maj. Gen. Nestor Anonuevo of the Army’s 4th Infantry Division, said on Monday.

The region has the fundamentals, policy and confidence as well as room for ‘easy’ growth ASEAN is the region to be in again in 2013. After an estimated growth of 5.2 per cent in 2012, Asean’s gross domestic product or GDP (on a purchasing power parity or PPP-weighted basis) will grow 5.3 per cent this…

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We have come a long way, no doubt, with President Aquino’s “daang matuwid” and “no wang-wang” policy and all they symbolize. But the pursuit of good governance is far from complete. So far, the focus has dominantly been on people in public service, especially those in positions of authority where having the wrong people can…

THE LAST TIME that I spoke before the Management Association of the Philippines (MAP) was six years ago, in January 2007, when international confidence in the Philippines was improving because of rosy economic indicators — budget deficit and interest rates were down; inflation was under control; the stock market and foreign exchange reserves were up;…

MANILA – Forget what you learned about poverty causing crime. According to the National Statistical Coordination Board (NSCB), crime is more a function of income inequality.

THE AQUINO administration has posted improvements with regard to reforms sought by businessmen, the Joint Foreign Chambers (JFC) yesterday said.