Archives

by Czeriza Valencia, The Philippine Star, Jan 25, 2019 GDP growth slows to 6.2% The Philippine economy grew at a slower pace in 2018, failing to hit the government’s target but still among the fastest in Asia, the National Economic and Development Authority (NEDA) reported yesterday.

by Charmane Awitan, ABS-CBN News, Jan 25, 2019 Pinatay umano ng kasintahan ang isang empleyado ng Department of Environment and Natural Resources (DENR) sa Nasipit, Agusan del Norte.

By: Ben O. de Vera, Inquirer Business, Jan 24, 2019 MANILA, Philippines — The Philippine economy grew 6.2 percent in 2018 , missing the government’s growth target as the increase in prices slowed consumer spending as well as business expansion last year.

by Cathrine Gonzales, Philippine Daily Inquirer, Jan 24, 2019 MANILA, Philippines — Four miners were killed while three are still missing after a landslide hit Mount Manhupaw in Agusan del Norte during the onslaught of Tropical Depression “Amang,” police said.

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By: Roy Stephen C. Canivel, Philippine Daily Inquirer, Jan 23, 2019 Fewer Japanese companies want to expand in the next two years amid concerns over labor issues and tax reform, according to a survey by the Japan External Trade Organization (Jetro).

by Federico D. Pascual Jr., The Philippine Star, Jan 22, 2019 A visiting American environmentalist is making the rounds, stirring in his wake renewed discussion on the benefits-vs-risks of using nuclear energy to generate cheaper electricity.

By: Ben O. de Vera, Inquirer Business, Jan 22, 2019 MANILA, Philippines – The United Nations (UN) said it expects Philippine economic growth to rebound this year as the government ramps up implementation of its ambitious “Build, Build, Build” infrastructure program.

By: Cathrine Gonzales, INQUIRER.net, Jan 22, 2019 MANILA, Philippines — A painter died after accidentally falling from the 5th floor of a building in Barangay San Isidro, Parañaque City while performing his job, police said Tuesday.

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By: Karl R. Ocampo, Philippine Daily Inquirer, Jan 21, 2019 Stakeholders of the sugar industry are not that optimistic with the government’s decision to liberalize sugar imports in the country as a means to address the spike in the commodity’s retail prices.

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by Janvic Mateo with Alexis Romero, Edith Regalado, The Philippine Star, Jan 18, 2019 MANILA, Philippines — Some 2.4 million Filipino families experienced involuntary hunger in the last quarter of 2018, fewer than the estimated 3.1 million recorded by the Social Weather Stations (SWS) in the preceeding survey period.

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by Ian Nicolas Cigaral, philstar.com, Jan 17, 2019 MANILA, Philippines — The Philippine economy will likely post sluggish growth this year, according to the latest projections of a regional think tank and of economists at HSBC Private Banking.

by Gerardo P. Sicat, The Philippine Star, Jan 16, 2019 The Philippine business community was rocked on Jan. 8 by the announcement of the bankruptcy of Hanjin Heavy Industries and Construction Philippines – the Korean shipbuilding company based in the country.

by Bebot Sison Jr., The Philippine Star, Jan 16, 2019 SUBIC BAY FREEPORT , Philippines — The Olongapo City Regional Trial Court (RTC) Branch 72 on Monday granted Hanjin Heavy Industries and Construction-Philippines’ petition for receivership and put the Korean shipbuilding firm under corporate rehabilitation.

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by Raymund Catindig, The Philippine Star, Jan 15, 2019 TUGUEGARAO CITY, Cagayan, Philippines — Two salesmen died of electrocution in Barangay Centro, Sta. Ana, Cagayan on Sunday.

Industry groups blame higher taxes, inflation; see recovery this year By: Roy Stephen C. Canivel, Philippine Daily Inquirer, Jan 15, 2019 Vehicle sales fell by 16 percent last year, the worst full-year decline since the financial crisis in 1998. Members of two large automotive groups in the country sold 357,410 units last year, much less…

BY BEN KRITZ, TMT, Manila Times, Jan 15, 2019 THE unexpected bankruptcy of Hanjin Heavy Industries and Construction Philippines (HHIC) late last week has been characterized as a disappointing but manageable situation by government and banking officials. This is an altogether predictable response, and one that they are perhaps duty-bound to offer the public.

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by Pathricia Ann V. Roxas, Philippine Daily Inquirer, Jan 14, 2019 MANILA, Philippines — The House of Representatives unanimously approved on Monday a bill seeking to punish catcalling and other gender-based harassment in public spaces and online.

by Iris Gonzales, The Philippine Star, Jan 14, 2019 MANILA, Philippines — Two other shipping giants operating in the Philippines are braving the rough waves of the global shipping business and are even expanding their business in the country.

by Louella Desiderio, The Philippine Star, Jan 14, 2019 MANILA, Philippines — Investment pledges with the Philippine Economic Zone Authority (PEZA) fell 41 percent last year from 2017 amid investor concerns on government’s plan to change the incentives regime under its tax reform program.

by Janvic Mateo, The Philippine Star, Jan 13, 2019 MANILA, Philippines — The number of Filipinos who consider their families poor went down to 11.6 million in the fourth quarter of last year, according to a recent survey by Social Weather Stations (SWS).

by Consuelo Marquez, Philippine Daily Inquirer, Jan 12, 2019 MANILA, Philippines — About 11.6 million Filipino families or 50 percent consider themselves poor, a recent survey result from Social Weather Stations (SWS) showed.

by Margaret Claire Layug/BAP, GMA News, Jan 12, 2019 The workers of a Subic-based shipbuilding company that filed for a voluntary rehabilitation with the Olongapo Regional Trial Court are highly skilled so they may find job opportunities in other industries, according to a Department of Labor and Employment (DOLE) official.