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In a landmark ruling, the Supreme Court says the State shall now recognize one form of divorce in a country that bans absolute divorce by Lian Buan, Rappler, Apr 24, 2018 BAGUIO, Philippines – The Supreme Court (SC) en banc issued a landmark ruling on Tuesday, April 24, recognizing divorce in marriages with foreigners.

https://www.philstar.com/happens/349#VJ7bKuFAuOViFRqd.99 The same Pulse Asia poll shows that Filipinos are most appreciative of the Duterte administration’s performance in responding to the needs of areas affected by calamities (86%).

By ELI MEIXLER, Apr 24, 2018 Finland has decided not to extend its trial in universal basic income, the first welfare experiment of its kind by a European government that gave citizens an unconditional monthly payment.

by Ian Nicolas Cigaral (philstar.com) – Apr 24, 2018 MANILA, Philippines — The country’s policymakers on Tuesday said they expect the Philippine peso to trade at a range of P50 to P53 against the dollar this year until 2022 amid the normalization path taken by the US Federal Reserve.

by Richmond Mercurio (The Philippine Star) – Apr 24, 2018 MANILA, Philippines — The Philippines climbed a notch higher in the list of the most preferred investment destinations of Japanese companies in the world despite the country’s political situation and security becoming a more prevalent concern for investors.

By: Daxim L. Lucas, Philippine Daily Inquirer, Apr 24, 2018 Amid criticism that it failed to act preemptively to keep price hikes in check, the Bangko Sentral ng Pilipinas on Tuesday gave the strongest indication yet that it is ready to increase its key interest rate in a bid to rein in inflation which currently…

by Janina C. Lim, Businessworld, Apr 24, 2018 THE JAPANESE business lobby has warned that the second tax reform package may prompt investors to leave the Philippines, in response to the reduction in incentives called for by the proposed reforms.

by Ian Nicolas Cigaral (philstar.com), Apr 24, 2018 MANILA, Philippines — The country’s policymakers on Tuesday said they expect the Philippine peso to trade at a range of P50 to P53 against the dollar this year until 2022 amid the normalization path taken by the US Federal Reserve.

A wave of automation across industries could inspire upheaval in work, employment, and politics … at least for countries that are unprepared. By Greg Nichols for Robotics | April 23, 2018 In early 2017, President Barack Obama’s top economic and science advisers wrote a report entitled, Artificial Intelligence, Automation, and the Economy.

by Junko Fujita, Apr 23, 2018 TOKYO (Reuters) – Japan’s new home-sharing law was meant to ease a shortage of hotel rooms, bring order to an unregulated market and offer more lodging options for foreign visitors ahead of next year’s Rugby World Cup and the 2020 Tokyo Olympics.

BY BEN KRITZ, TMT, Manila Times, Apr 22, 2018 THE country’s benchmark Philippine Stock Exchange index (PSEi) has attracted more than its usual share of media attention of late for all the wrong reasons. Except for Venezuela, which is experiencing a self-inflicted economic disaster of almost ludicrous proportions, no other stock market index in the…

by Catherine Talavera (The Philippine Star) – Apr 21, 2018 MANILA, Philippines — Efforts to deepen financial inclusion in developing countries are gaining ground as over a third of Filipino adults now have financial accounts, the World Bank Group said.

By ANUSHKA KAPAHI, APRIL 20, 2018 The ASEAN Master Plan for Connectivity (AMPC) and China’s Belt and Road Initiative have major commonalities. Both envisage transport connectivity as a way of bringing countries closer to one another, facilitating better access to trade, investment, tourism and people-to-people exchanges.

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The global economy faces three big challenges, said Tao Zhang, a deputy managing director for the International Monetary Fund.

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April 20, 2018 The National Economic and Development Authority (NEDA) allayed concerns about imminent risks of overheating, stressing that the country’s solid macroeconomic conditions and ongoing reforms make the economy disposed for sustained and even higher growth.

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By: Greg Refraccion – @inquirerdotnet Inquirer, Apr 19, 2018 MARIVELES, BATAAN — A Chinese worker of a coal-fired power plant operated by the GN Power Corp. was killed by a steel beam that accidentally fell on his back on Wednesday in Alas-asin village here, police said.

https://blogs.adb.org/blog/will-automation-create-jobs-or-destroy-them 19 April 2018 In an era of sweeping transformations, one of the most important has been the dramatic reduction in poverty in developing Asia. Since 1990, more than one billion people have escaped extreme poverty, and many of them now earn a decent wage.

BY BEN KRITZ, TMT, Manila Times, Apr 19, 2018 IF we take the news reports from earlier this week at face value, we might draw the conclusion that a key part of the Philippine’s economic growth formula will be put in serious jeopardy once Congress starts deliberating on the second phase of the government’s comprehensive…

By Melissa Luz T. Lopez, Businessworld, Apr 18, 2018 THE PHILIPPINES can be expected to lead growth across major Asian economies, except India, up to 2019, according to an International Monetary Fund (IMF) report that nevertheless showed the country suffering the worst unemployment in Southeast Asia in the same years.

By: Gabriel Cardinoza, Inquirer Northern Luzon, Apr 18, 2018 DAGUPAN CITY — A truck driver was killed on Tuesday night (April 17) after he was run over by a payloader in a quarry site at Tayug town in Pangasinan province, police said on Wednesday (April 18).

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https://news.un.org/en/story/2018/04/1007502 While the world economy continues to show broad-based momentum, a new report released Tuesday by the International Monetary Fund (IMF) is warning that there may be choppy seas ahead, caused by increasing protectionism or tit-for-tat trade wars.

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Competition policy to separate commercial, regulatory functions of GOCCs By: Ben O. de Vera, Philippine Daily Inquirer, Apr 16, 2018 The government will rationalize the functions of state-run corporations such that they could no longer have commercial and regulatory mandates at the same time, Socioeconomic Planning Secretary Ernesto M. Pernia said.

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