by Mary Grace Padin (The Philippine Star) – Sept 25, 2019 MANILA, Philippines — The proposed fiscal incentive system under the Corporate Income Tax and Incentive Rationalization Act (CITIRA) bill may lead to 703,000 job losses in the first year of its implementation, according to the Joint Foreign Chambers (JFC) of the Philippines.
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by Janvic Mateo (The Philippine Star), Sept 7, 2019 MANILA, Philippines — The government will give away free fries, discounted museum tickets, marked-down eyeglasses and various other perks to public and private school teachers during this Teachers’ Month amid a continuing clamor for substantial salary increase.
by Louella Desiderio, Rainier Allan Ronda with Rainier Allan Ronda (The Philippine Star), Sep 7, 2019 MANILA, Philippines — Officials of three online lending firms may face imprisonment and fines for alleged public shaming of borrowers, which is in violation of the Data Privacy Act of 2012, the National Privacy Commission (NPC) said.
by Daxim L. Lucas, Philippine Daily Inquirer, Sept 6, 2019 Prices of basic goods and services rose at their slowest pace in almost three years in August as the effects of the Duterte administration’s anti-inflation measures—especially the controversial rice tariffication law —began to take root across the economy.
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by Pathricia Ann V. Roxas, Philippine Daily Inquirer, Sep 4, 2019 MANILA, Philippines — The Department of Labor and Employment (DOLE) does not have clear data on the number of contractual or non-regular workers in the country as it admits having shortcomings in regularizing workers.
by Daphne Galvez, Philippine Daily Inquirer, Sep 4, 2019 MANILA, Philippines — Labor Secretary Silvestre Bello III admitted on Wednesday that the Department of Labor and Employment (DOLE) lacks manpower in monitoring all the foreign workers in the country, including those in the Philippine offshore gaming operator (Pogo) industry.
by Dona Z. Pazzibugan, Philippine Daily Inquirer, Sep 4, 2019 MANILA, Philippines — While recognizing that same-sex couples have a right against discrimination, the Supreme Court on Tuesday dismissed as “premature” a petition that seeks to legalize same-sex marriage, and castigated the petitioners for using the issue to pull a publicity stunt.
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by Roy Stephen C. Canivel, Philippine Daily Inquirer, Aug 9, 2019 The second package of the Duterte administration’s tax reform program has a new name and, if conflicting proposals by two government agencies are settled, would have a new character, too. A new version of the second package, formerly called Tax Reform for Attracting Better…
(UPDATED) The Philippine government’s economic team must play catch up, as growth slows down again in the 2nd quarter of 2019 – the lowest in 17 quarters by Ralf Rivas, Rappler, Aug 8, 2019 MANILA, Philippines (UPDATED) – The impact of politicians bickering over the 2019 national budget lingers on, as the country’s gross domestic…
by Czeriza Valencia (The Philippine Star), Aug 7, 2019 MANILA, Philippines — Growth in consumer prices further eased to 2.4 percent in July, the slowest in two years, on the back of cheaper rice, fuel and utilities, the Philippine Statistics Authority (PSA) said in a report yesterday.
by (Philexport News and Features), Aug 2, 2019 THE Philippines has to take decisive action to prepare for the challenges that new forces—technology, climate change and demography—are bringing to the world of work, according to the head of the International Labor Organization (ILO)-Philippines.
by Roy Stephen C. Canivel, Philippine Daily Inquirer, Jul 25, 2019 The Department of Trade and Industry (DTI) is already preparing for the impact of automation on the Philippine labor force, anticipating a massive loss of jobs and finding ways to keep Filipinos employed amid fierce competition from robots.
By Cai Ordinario, Businessmirror, Jul 24, 2019 The Philippines may not achieve 127 targets listed under the Philippine Development Plan (PDP) as of 2018, according to the Philippine Statistics Authority (PSA).
by Ben O. de Vera, Philippine Daily Inquirer, Jul 24, 2019 MANILA, Philippines – The country’s chief economist on Wednesday said the pending security of tenure bill awaiting President Duterte’s signature needed to be tweaked in order to be fair to both business and labor sectors.
by Karl R. Ocampo, Philippine Daily Inquirer, Jul 18, 2019 Industry stakeholders are appealing to President Duterte to order a review of the rice import liberalization law after palay prices reached its breakeven point, leaving local rice producers without any profit.
by Louella Desiderio (The Philippine Star) – Jul 12, 2019 MANILA, Philippines — The next round of talks for a free trade agreement (FTA) with the Philippines would take place when the conditions are right as the country’s implementation of conventions on human rights, labor rights, environment as well as good governance are seen by…
Inflation slows down to 2.7% in June 2019 (UPDATED) This is well within the government’s target and the lowest inflation rate since September 2017 Ralf Rivas Published: 9:03 AM July 5, 2019 Updated: 1:20 AM July 6, 2019 MANILA, Philippines (UPDATED) – After the slight increase in May, inflation slowed down to 2.7% in June,…
by Agence France-Presse, Jun 26, 2019 WASHINGTON, United States—Robots are expected to take over some 20 million manufacturing jobs worldwide by 2030, extending a trend of worsening social inequality while boosting overall economic output, a new study shows.
Despite robust growth, income inequality widening — NEDA
It’s good jobs, stupid … which are “xxx the best way to generate shared prosperity xxx.”
By Elijah Felice Rosales, Business Mirror, Jun 12, 2019 Workers cook brown sugar in a factory in Bacolod, Negros Occidental. Trade Secretary Ramon M. Lopez told the BusinessMirror the government remains firm in keeping sugar prices low by shunning plans to liberalize the sugar trade industry.
BUTUAN CITY, June 7 (PIA) — Union members from the different national unions under the National Trade Union Center (NTUC) are pushing for decent work, including living wages, and job security for employees. In the recent workshop on Employment Security and Constructive Industrial Relations held in Quezon City, NTUC union members called on the national…
By Samuel P. Medenilla, Businessmirror, May 27, 2019 THE Department of Labor and Employment (DOLE) said contractualization will still be allowed under the pending of Security of Tenure (SOT) bill, allaying fears of employers the legislation will abolish the controversial work arrangement.
By John Mangun, Business Mirror, May 9, 2019 BACK in the late 1990s, a friend of mine owned a factory. A factory is a business where raw materials come in a door at one end. That raw materials pass through a system of technology, machinery and workers, coming out at another door as finished products.
by Ian Nicolas Cigaral, Philstar.com, May 8, 2019 MANILA, Philippines — The Philippines posted a wider trade gap in March as exports continued to contract while imports grew, the country’s statistics agency reported Wednesday.
