Government spending on social and economic services is important to economic development. The question is, how has the government performed on this front? A recent economic analysis of public expenditure by the World Bank provides a good answer to these questions. The study pays particular attention to government spending on education, public health, and infrastructure…
MANILA, Philippines – The Philippines has pledged to contribute 12,000 metric tons (mt) of rice to the ASEAN + 3 rice reserve scheme, National Food Authority (NFA) administrator Angelito Banayo said.
BUSINESS process outsourcing (BPO) firms are being encouraged to secure quality certifications to boost chances of attracting clients amid competition posed by other countries in the region.
MANILA, Philippines – Local celebrities came together in a campaign against mercury-containing thermometers and sphygmomanometers in the market.
MANILA, Philippines – Women activists all over the country marked the 100th anniversary of Women’s Day yesterday with protest marches to push for the passage of a comprehensive reproductive health bill and urge the government to address the rising prices of basic commodities.
MANILA, Philippines (PNA) – Comprehensive health services provisions of the Magna Carta of Women (MCW) were heightened during a forum of the United Nations Children’s Fund’s (UNICEF) in Quezon City Tuesday.
ILOILO CITY, Mar 8 (PIA). Senator Miriam Defensor-Santiago recently lauded public officials who have enacted reproductive health ordinances in their respective areas.
One of the most debilitating effects of minimum wage is that it automatically limits the right of employers to make adjustments on the wage of their employees based on the most important consideration of knowing their individual performance. This is most apparent in companies whose profit is barely marginal. Instead of using wage as an…
Just how much do women across Asia Pacific know about managing finances? MasterCard Worldwide’s inaugural Index of Financial Literacy released today highlights that women across Asia Pacific are financially savvy to some extent, in particular among the over 30, married, working group, but that the level of financial literacy in women can be raised further,…
The narrowing real interest rate in the first two months of 2011 is now worrying the Bangko Sentral, which said it will definitely review its policy stance in its next meeting on March 24.
OIL companies raised pump prices for the third time in less than two weeks as international petroleum prices continued to rise.
Energy Secretary Rene Almendras is correct to focus on assuring oil supply because there is nothing anybody can really do about the price. Loud mouths demanding his resignation because he cannot keep prices down are simply being ignorant and unreasonable.
Government appears helpless in dealing with a growing unregulated backyard industry – one that exports acid-drenched lead derived from used vehicle and industrial lead-acid batteries.
With gasoline at an all-time high, thanks to the Libyan crisis, whatever economic gains we may have had in the past few months will surely go to naught. But last Saturday, I was quite surprised that the nightspots in Metro Cebu were bustling with business and traffic was heavy in many areas which only tells…
MANILA, Philippines – Income tax incentives granted to investors regardless of location would be reduced while the five percent on gross income earned (GIE) would be capped to a maximum of 25 years at reduced rate.
MANILA, Philippines — “Local government units (LGUs) are partners of the national government and are better positioned to help mitigate the impact of the crisis through counter measures to stimulate local economy.”
TACLOBAN CITY, Leyte, Mar 8 (PIA) – The Magna Carta of Women, a landmark law of the Philippines that was passed in 2009 but was implemented in 2010, benefits even the Filipinas who are living abroad, Philippine Information Agency (PIA) Region 8 Director Olive Tiu said in a two hour radio program, Good Morning Philippines…
MANILA, Philippines – The Trade Union Congress of the Philippines (TUCP), the country’s largest labor group, filed a petition before the Regional Triparite Wages and Productivity Board (RTWPB) in the National Capital Region yesterday asking for a P75 across-theboard increase in the daily pay of all workers in the NCR.
MANILA, Philippines – House Majority Leader Neptali Gonzales II on Tuesday assured that the Reproductive Health (RH) bill is a priority measure of the House of Representatives.
HIV infections in the Philippines are “increasing at an alarming rate” especially among adolescents and this has been attributed to their increasing use of social media, according to the latest report of the Department of Health (DOH).
MANILA, 8 March 2011 (PlusNews) – Newly reported HIV infections among young people have increased 10-fold in the past three years in the Philippines, one of only seven countries worldwide where overall infections continue to climb, according to the government.
DES MOINES, Iowa (AP) – The debate between natural and organic products has risen in recent years with the increased popularity of organic products.
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MANILA, Philippines – New York-based think-tank Global Source Partners warned that the full-year inflation target of between three percent and five percent set by the Bangko Sentral ng Pilipinas (BSP) for this year could be breached due to the continued rise in global oil and food prices.
MANILA, Philippines – The government sold P10.3 billion worth of 91, 182 and 364-day Treasury bills (T-bills) in an auction yesterday as investors scrambled for government debt papers.
MANILA, Philippines – The government incurred a budget deficit of P314.4 billion in 2010, P4.4 billion higher than the preliminary figure of P310 billion, mainly because of higher spending, the Department of Finance (DOF) announced yesterday.
MANILA, Philippines – The United States Trade Representative (USTR) office is doubtful that the Save the Industries Act, the bill touted to save the ailing Philippine garments industry, will be passed because the Philippines has labor and intellectual property rights issues, the Board of Investments (BOI) said.
THE Philippines’ world ranking on competitiveness in the travel and tourism industry fell eight notches this year mostly because of concern on safety and security, according to a World Economic Forum (WEF) study released on Monday.
MANILA, Philippines – Speaker Feliciano Belmonte Jr. is pushing for the passage of a measure that would consolidate and rationalize investment incentives to promote investments and growth.