THE Organization for Economic Cooperation and Development (OECD) said the Philippines has yet to fully comply with global standards on tax information exchange despite the last year’s enactment into law of the Exchange of Information on Tax Matters Act of 2009. In a letter to Finance Secretary Margarito Teves, Jeffrey Owens, OECD chief for Tax…

ENERGY Secretary Jose Ibazeta on Friday urged National Power Corp.’s employees to prepare for a coming reorganization that will likely result in layoffs, saying the state-run firm was overstaffed.

MANILA, Philippines – The Department of Labor and Employment (DOLE) takes a strong exception to a recent article published in your newspaper which claims “DOLE” data as the basis in claiming the current, outgoing administration has failed in the area of employment (“GMA failed to bring down unemployment rate — DOLE data,” The Philippine STAR,…

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MANILA, Philippines – The maritime industry worldwide is suffering from lack of ship officers because many of them prefer to stay on land with their families after making sufficient earnings, industry experts said during the 11th Asia Pacific Heads of Maritime Safety Agencies Forum which concluded yesterday.

MANILA, Philippines – Contrary to public perception, even members of the militant bloc of the House of Representatives belong to the millionaires’ club, based on their annual statements of assets, liabilities and net worth. Representatives Satur Ocampo of Bayan Muna and Liza Maza of women’s group Gabriela – who both lost in the May 10…

The Philippines and Japan took turns in defending their three-year-old bilateral free trade agreement before the World Trade Organization (WTO) highlighting the economic benefits the deal has generated for each country.

BOCAUE, Bulacan – Two workers were injured and rushed to a hospital in Quezon City when a fireworks factory exploded in Barangay Biniang 1st, this town, last Friday afternoon. Supt. Ronald F. De Jesus, town police chief, in his report to Senior Supt. Fernando S. Villanueva, Bulacan police director, identified the victims as Romulo Caballero…

BAGUIO CITY – After the approval of the P22 daily wage increase for workers in the private sector in the National Capital Region (NCR), the Cordillera Regional Tripartite Wages and Productivity Board (RTWPB) here took back its earlier pronouncement that there will be a wage increase for workers in the region, saying that the desired…

THE increasing number of poor people trooping to and staying in the cities is causing environmental risks, a United Nations (UN) official said Friday.

“I am sometimes a bit worried about the loss of momentum” in the reform of the financial sector, in face of the “huge” task ahead, Strauss-Kahn told a conference.

MANILA, Philippines – President Arroyo’s sister-in-law is among the richest party-list lawmakers in the House of Representatives.

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CEBU CITY — Direct selling companies face bright growth prospects this year, as unemployment worsens and more employed workers look for additional income to cope with the difficult times.

MORE Filipino and foreign investors participated in the local bourse last year amid the financial crisis that clobbered global stock markets, the Philippine Stock Exchange (PSE) said in a statement yesterday.

A GROUP of former senior state officials, some described as “prospective Cabinet secretaries” in the next administration, yesterday proposed a “good governance agenda” to implement President-elect Benigno Simeon “Noynoy” C. Aquino’s campaign vow to fight corruption.

Local investors are growing in the bourse reflecting the interest of more Filipinos to infuse money in the stock market, a study released yesterday by the Philippine Stock Exchange (PSE) showed.

A senator is pushing for the salary of public school teachers to be increased by almost 80 percent, bringing their monthly pay to almost P22,000.

SAN FERNANDO, Pampanga, Philippines – The Central Luzon director of the Department of Labor and Employment is suggesting a daily minimum wage increase of about P10 to P12 in the region amid reports showing that prices of basic commodities have increased by this much since two years ago in his jurisdiction.

BANGUI, Ilocos Norte, Philippines — The Wind Energy Development Association of the Philippines (WEDAP) is bullish on the prospects of the country’s wind energy industry.

MANILA, Philippines – A workers’ union at ABS-CBN network criticized management for alleged unjust dismissals and harassment of its members. ABS-CBN IJM (Internal Job Market) workers’ union president Antonio Perez claimed that management had discriminately terminated, delayed, or rearranged work schedules of dozens of ABS-CBN IJM workers since midnight Wednesday.

MANILA, Philippines – The United Nations on Friday backed a move by the Philippines to introduce sex education among primary and high school students that has sparked a row with the influential Catholic church.

WASHINGTON – The US Millennium Challenge Corp. has said it wants an assurance the incoming administration of president-elect Benigno Aquino III will abide by the MCC’s ideals and principles, including fighting corruption, before it forks over a development grant of about $500 million to the Philippines.

MANILA, Philippines – Australia and the Philippines signed yesterday a Declaration of Cooperation to support activities that will enhance the investigative capability of the Commission on Human Rights (CHR) with an initial P5.2-million grant.

The Swedish parliament has approved the replacement of old nuclear reactors with new ones, marking a change in policy on nuclear power.

Even with a high profile public relations offensive by Smartmatic officials to counteract the growing allegations of electoral fraud, and hiring the 2008 Miss Universe, a Venezuelan, as Miss Transparency for Smartmatic, and despite the Commission on Elections (Comelec) claim of the country having held the first successful nationwide automated elections, computer experts took the…

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MANILA, Philippines – Incoming Sen. Ferdinand “Bongbong” Marcos Jr.’s assets have almost doubled in a matter of just one year since becoming congressman of Ilocos Norte.

One reason even our top universities do not make it to the list of the top 200 in the world is the lack of world-class academic research being undertaken in our country.

MANILA, Philippines – The biggest campaign contributor of president-elect Benigno Aquino III turned out to be his maternal uncle, former communications and television mogul Antonio “Tonyboy” Cojuangco.