Archives

by Malaya, May 31, 2018 Policy changes on the tax and incentive regime may prompt the call center industry to revise its forecasts at a time when this sector has been experiencing tempered growth.

by Jessica Fenol and Warren de Guzman, ABS-CBN News, May 30, 2018 MANILA – The business process outsourcing industry expects to add as many as 70,000 jobs and $1 billion in revenues this year, as it retools its workforce to weather the shift to artificial intelligence, an industry group said Wednesday.

AMID RISING FUEL PRICES By TED CORDERO, GMA News, May 30, 2018 Budget Secretary Benjamin Diokno on Wednesday said Filipinos should not be too complaining as revenue collected from reformed excise tax rates will be used for government services.

by DAXIM L. LUCAS, Philippine Daily Inquirer, May 30, 2018 Fiscal authorities yesterday described as “laughable” the claim of the International Institute of Management Development in its 2018 World Competitiveness Report that the country’s public finances are worsening.

By Jerald Uy, CNN Philippines, May 30, 2018 Metro Manila (CNN Philippines, May 30) — The Tax Reform for Accelaration and Inclusion (TRAIN) Law should not ultimately be blamed for the rise of consumer prices, Finance Assistant Secretary Paola Alvarez asserted on Tuesday.

NO TO ‘ENDO’ By: Maila Ager – Reporter / @MAgerINQ INQUIRER.net, May 30, 2018 A bill that would prohibit labor-only contracting or “endo” in the country and impose a P5-million fine for violators has been approved by the the Senate Committee on Labor, Employment, and Human Resources Development.

The number of electric vehicles on the road around the world will hit 125 million by 2030, the International Energy Agency forecasts. The world’s fleet of electric vehicles grew 54 percent to about 3.1 million in 2017. The IEA says government policy will continue to be the linchpin for electric vehicle adoption. Tom DiChristopher |…

Nicole-Anne C. Lagrimas/KBK, GMA News, May 30, 2018 The National Bureau of Investigation (NBI) has rescued 12 women, 10 of whom are minors, and arrested three alleged human traffickers in a resort in Pililia, Rizal.

by Othel V. Campos, Manila Standard, May 30, 2018 Call centers expect to add 60,000 to 70,000 agents annually over the next five years, despite the threat of automation and artificial intelligence on the business process outsourcing sector.

By Samuel P. Medenilla, Businessmirror, May 30, 2018 The government is now readying measures to cushion the impact of automation, which could cause some 18 million workers to lose their jobs, according to the Department of Labor and Employment (DOLE).

By Cai Ordinario, BusinessMirror, May 29, 2018 The country’s Regular Foreign Investment Negative List (RFINL) remained silent on other restrictions that prevent foreign investors from making better investment decisions, according to a consultant of the state-owned think tank Philippine Institute for Development Studies (PIDS).

By Rea Cu, BusinessMirror, May 29, 2018 FILIPINOS have about P32 billion more to spend monthly as a result of the personal income tax (PIT) cuts under the Tax Reform for Acceleration and Inclusion (TRAIN) law, the unconditional cash transfer program, the free tuition in state universities and colleges (SUCs), and the additional wages paid…

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By Samuel P. Medenilla, BusinessMirror, May 28, 2018 The surge in international oil prices and the implementation of the tax-reform law have prompted the Department of Labor and Employment (DOLE) to finally order the regional wage boards to determine the feasibility of hiking the minimum wage rate.

by BusinessWorld, May 28, 2018 EMPLOYEE engagement levels in the Philippines rose by six percentage points to 71%, according to a new report by global professional services firm Aon.

by Audrey Morallo (philstar.com), May 28, 2018 MANILA, Philippines — An opposition lawmaker on Monday slammed government officials who brushed aside warnings that government safety nets supposed to cushion the impact of the tax reform law on prices had not yet been fully rolled out.

By Rex Remitio, Jerald Uy, CNN Philippines, May 28, 2018 Metro Manila (CNN Philippines, May 25) — The Department of Labor and Employment (DOLE) submitted to Malacañang on Friday the initial list of private sector employers engaged in illegal contracting practices, Labor Secretary Silvestre Bello III confirmed to CNN Philippines.

by Dharel Placido, ABS-CBN News, May 28, 2018 MANILA (UPDATE) – President Rodrigo Duterte on Monday signed the Ease of Doing Business Act, delivering on a campaign promise to make government transactions faster.

by Delon Porcalla (The Philippine Star), May 28, 2018 MANILA, Philippines — The House of Representatives has approved on second reading a consolidated bill where employees from both public and private companies can work from the comfort of their homes, free from stress and costly transportation.

by Atty. Alex B. Cabrera (The Philippine Star), May 27, 2018 We all want our country and our government to succeed. There is just no one way to express it, and certainly, not just one frame of mind is required for that success.

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By: Ben O. de Vera, Philippine Daily Inquirer, May 26, 2018 The proposed second tax reform package is expected to create not only more but also better jobs as the government would grant incentives to investments generating employment opportunities, the think tank Action for Economic Reforms said.

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, May 25, 2018 Trade Secretary Ramon Lopez found the latest world competitiveness report “hard to believe,” after the country’s overall ranking suffered the most significant decline in Asia and the Pacific despite its recent economic growth.

by Vyacheslav Polonski, May 25, 2018 The hysteria about the future of artificial intelligence (AI) is everywhere. There seems to be no shortage of sensationalist news about how AI could cure diseases, accelerate human innovation and improve human creativity. Just looking at the media headlines, you might think that we are already living in a…

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By: Tetch Torres-Tupas, INQUIRER.net, May 24, 2018 More than 40 human trafficking victims have been rescued by the National Bureau of Investigation (NBI) in Manila.