Archives

By JOSEPH TRISTAN ROXAS, GMA News, Sep 9, 2018 The Duterte administration used only P299.75 million out of the P74.55 billion Official Development Assistance (ODA) loans it received in 2017 from foreign lenders, the Commission on Audit said.

By Leo Jaymar G. Uy, Businesssworld, Sep 9, 2018 FEDERALISM is a “strong predictor” of higher income inequality in developing economies and higher poverty on average for all countries, a study by the University of the Philippines School of Economics (UPSE) said.

Read more here.

by Jan M. Padios, Sep 7, 2018 What changes when a country devotes itself to servicing the businesses of other countries? Call centers are big business in the Philippines. As a doctoral student, I researched the industry there between 2008 and 2013, when the Southeast Asian nation became a top destination for outsourced jobs from…

by Vincent Mariel P. Galang, BusinessWorld, Sep 6, 2018 Approved foreign investment pledges rose by 70.4% in the second quarter, its highest in almost three years, the Philippine Statistics Authority said.

Read more here.

By Jeffrey Damicog, Manila Bulletin, Sep 6, 2018 The National Bureau of Investigation (NBI) arrested three persons engaged in the sex trade while 10 females including two minors (both 17 years old) were rescued in Antipolo City.

By CNN Philippines Staff, Sep 5, 2018 Metro Manila (CNN Philippines) — Global and local studies are raising the red flag on malnutrition among Filipino children. In the 2015 Updating of the Nutritional Status of Filipinos by the Food and Nutrition Research Institute (FNRI) of the Department of Science and Technology, one in every three…

Read more here.

by Alister Doyle & Nina Chestney | Reuters, 5 Sep 2018 OSLO/LONDON, Sept 5 (Reuters) – Strong action to combat climate change could cumulatively add at least $26 trillion to the world economy by 2030, according to a study on Wednesday which seeks to dispel fears that a shift from fossil fuels will undermine growth.

Read more here.

Read more here.

04 September 2018 by Guest Author It’s no easy task achieving work-life balance in today’s unpredictable and fast-paced business world. As we’ve become more dependent on technology and social media, it’s also becoming difficult to separate work from our personal lives.

by BEN O. DE VERA, Philippine Daily Inquirer, Sep 04, 2018 The “Build, Build, Build” program is expected to help the economy grow at a slightly faster pace this year, with $19 billion in official development assistance (ODA) commitments from East Asian countries seen bolstering infrastructure development, Finance Secretary Carlos G. Dominguez III said.

by RONNEL W. DOMINGO, Philippine Daily Inquirer, Sept 04, 2018 Local fuel prices went up for the fourth week in a row as the global market anticipated losing significant output from Iran, which is facing economic sanctions from Western countries.

Read more here.

Read more here.

Read more here.

Read more here.

by Maan Macapagal, ABS-CBN News, Sep 01 2018 MANILA—Four minors were rescued in Pateros on Friday after a mother allegedly subjected her child and her neighbors’ children to a live online sex show catering to foreign pedophiles.

Read more here.

by Ian Nicolas Cigaral (philstar.com) – Aug 31, 2018 MANILA, Philippines — The country’s socioeconomic planners have proposed a phased shift to a federal form of government that will span 15 years to avoid disruptions to the economy’s growth momentum.

by Ripples, Aug 31, 2018 MANILA – A member of the Consultative Committee (ConCom) that drafted the proposed Federal Constitution said Friday the shift to a federal system of government will only cost about PHP13.29 billion.

By Samuel P. Medenilla, Businessmirror – Aug 31, 2018 Government economic managers have officially thumbed down a proposal raised by the Department of Labor Employment (DOLE) to grant financial subsidy to minimum-wage earners.

by Matt Flynn, Aug 31, 2018 People are generally living longer than previous generations across most parts of the world. Rising life expectancy is a result of advances in medicine as well as improving living standards and healthier lifestyles. But while this should be celebrated for social reasons, is it beneficial in economic terms? Does…

‘The tax reform measures being put forth will reverse the progress…attained thus far,’ says the Philippine Ecozones Association by Ralf Rivas, Aug 30, 2018 MANILA, Philippines – The Philippine Ecozones Association (Philea) warned that the Tax Reform for Attracting Better and High-Quality Opportunities (Trabaho) bill would have a negative impact on foreign direct investments in…

by Bilyonaryo, Aug 30, 2018 The country will lose its luster as an investment destination if the tax perks are removed. The government should say goodbye to foreign investments if it is so bent on passing package two of the tax reform program, the Philippine Ecozones Association (PHILEA) said.

Labor Secretary Silvestre Bello III says the budget department turned down their proposal to hire more labor inspectors by Aika Rey, Aug 30, 2018 MANILA, Philippines – Labor Secretary Silvestre Bello III on Thursday, August 30 appealed to lawmakers to increase their budget allocation to hire more labor inspectors across the country.

by ABS-CBN News, Aug 30, 2018 MANILA — A federal Philippines will need an additional P240 billion annually to operate the new form of government and could double the size of the budget deficit compared to the economy, Socioeconomic Planning Secretary Ernesto Pernia said Thursday.

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, Aug 30, 2018 Japanese firms say the transition period towards rationalized tax incentives is too short, which will leave them struggling under a business climate seen as “one of the worst in Asia Pacific.”