MANILA – The Philippine economy in 2012 outpaced the growth of neighbors in Southeast Asia, the National Economic and Development Authority (NEDA) said on Monday.
BEIJING – Rising sovereign debt levels in advanced economies are spawning a crisis that threatens to topple the dollar and other reserve currencies, a Chinese credit ratings agency warned Monday.
DUTY-FREE PRIVILEGES granted the Philippines are at stake as the Office of the United States Trade Representative (USTR) has set a hearing on a complaint filed by an advocacy group.
The government has committed to complete its institutional reforms through the passage and implementation of critical reform measures this year to support the country’s goal of attaining growth in gross domestic product (GDP) of up to 7 percent in 2013 and 7.5 percent in 2014.
MANILA, Philippines – More than 250,000 jobs are left unfilled according to data released by state-owned Phili-JobNet (PJN). In a statement on Monday, February 25, Labor and Employment Secretary Rosalinda Dimapilis-Baldoz said PJN, the government’s official job search site, recorded a total of 268,278 job vacancies as of 15 January 2013.
The Philippine central bank said that employment outlook for the coming quarter remains bullish. In its latest Business Expectation Survey (BES) released on Friday, the Bangko Sentral ng Pilipinas (BSP) said that the employment outlook index for the next quarter increased to 23 percent.
DAVOS — The World Economic Forum’s annual meeting in Davos has lost some of its pre-crisis panache. After all, before the meltdown in 2008, the captains of finance and industry could trumpet the virtues of globalization, technology, and financial liberalization, which supposedly heralded a new era of relentless growth. The benefits would be shared by…
AN unpredictable legal environment in Southeast Asia is the top concern of investors, according to an Economist Corporate Network survey, highlighting the challenge the region faces as it seeks to integrate by 2015 in an effort to boost growth and attract more investments.
BRUSSELS: The Eurozone is staring at another full year of recession in 2013 with unemployment likely to surge above the 20-million mark and France in particular overshooting key fiscal targets, the EU warned on Friday.
What’s wrong with PH strategy? Those who are seeking genuine answers would do well to read a couple of books written by the late woman economist from MIT (Massachusetts Institute of Technology), Alice H. Amsden.
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Seven trends you can’t ignore. In today’s economy, many believe customer service will be the next competitive battleground in the enterprise. Disgruntled customers are increasingly voicing their dissatisfaction and frustration through social media, enabling their complaints to go viral in minutes. The challenge for contact center managers will be finding a way to offer the…
Press Release: Sokolove Law Auto show season is in full swing and the nation’s automakers are busily showcasing their hottest, most coveted cars to get consumers revved and ready to step into the showroom.
The symptoms are painful: low performance, high turnover, passive-aggressive behaviors, and general lack of focus on what’s important to your business. Is the source of the pain a problem with employees’ morale? Or is it a problem with motivation? And, more importantly, what can you do about it?
MUST-HAVES. A survey shows products that Filipinos can and cannot do without. Grocery cart image via Shutterstock. MANILA, Philippines – It doesn’t matter how rich or poor Filipinos are. They cannot live without toiletries.
President Aquino, assuring investors of competitive incentives, vowed on Wednesday to make it easier for them to put up new investments in the country. Addressing investors at the grand launch of Mactan Newtown, Megaworld’s latest Eastwood City township-type project in Cebu’s Lapu-Lapu City, Mr. Aquino noted that since he assumed the presidency in 2010, he…
WHY DO our economic managers continue to underspend for public infrastructure given the poor state of our airports, seaports, roads and bridges, urban mass transport, and the flickering power supply, and given that the cost of public borrowing is at its historic low? Why do they rejoice whenever the budget deficit is below planned target,…
THE “ALARMING” appreciation of the peso could erode the sustainability of economic growth, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in their most recent joint assessment.
THE BENCHMARK Philippine Stock Exchange index (PSEi) could top the 7,000 mark this year due to optimism over the country’s good economic fundamentals and market liquidity, officials of two brokerages said separately.
DAVAO CITY, Philippines – The daring simultaneous raids launched by New People’s Army guerrillas in Bukidnon Tuesday evening, February 19, were meant as a punitive action against plantations that the rebel army said have contributed to the deterioration of agricultural lands in the area.
MINING FIRMS operating in the Philippines under financial or technical assistance agreements (FTAA) must pay taxes throughout the duration of their contract with the government, even during the cost recovery period provided by law, the tax bureau has said.
Philippine economic growth in the fourth quarter of 2012 may have surpassed expectations but a local think tank said the numbers exposed the weakness of the agriculture sector which requires a permanent solution.
The Mines and Geosciences Bureau (MGB) is looking at 19 new mining projects to advance to commercial production within the year following successful exploration activities.
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There are numerous factors that play into achieving successful call center operations, many of which feed into one another. For example, what your agents offer your customers sets the stage for customer loyalty, satisfaction and overall business continuity. If your agents sound fake, fabricated or uninterested, well then guess what, your customers will avoid you…
SEMIRARA ISLAND, Antique—Except for a recovered human body part, there were no signs of the five workers who were among 10 people buried by tons of soil when a portion of a wall of the Semirara Mining Corp. (SMC) open mine pit collapsed here five days ago.
02/18/2013 // Chicago, IL, USA // Cooney & Conway // Jessica McNeil // (press release) CHICAGO, IL – (News: asbestos attorney news) — Most people are aware of the common places where asbestos has been found, such as in insulation, drywall, and automotive parts. But asbestos has shown up in some lesser-known and somewhat surprising…
In our world today, renewable energy is not just a means of complying with environmental standards; it is also the key to unlock economic growth. A massive up take of renewables addresses climate change by reducing greenhouse gas emissions, while also increasing energy security and generating more jobs – “green” jobs.
One of the never-ending criticisms of the country’s recent economic performance is that it was a “jobless growth” or “elitist growth.” The people who say this refer to the lack of sufficient jobs created in the economy and hence point to further social inequality.
President Benigno Aquino III still enjoys high trust ratings, but his overall approval rating has gone down since last year, the most recent survey by pollster Pulse Asia revealed Tuesday.