Janvic Mateo – The Philippine Star May 31, 2023 | 12:00am MANILA, Philippines — The number of Filipinos who said their quality of life improved over the past year has dropped slightly in the latest survey conducted by Social Weather Stations (SWS). From 34 percent in a survey conducted in December last year, results of…
BY ARGYLL CYRUS GEDUCOS May 28, 2023 07:35 AM The Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) will serve as an advisory body on measures that would keep inflation, particularly of food and energy, within the government’s inflation targets. The Economic Development Group (EDG) shall harmonize, coordinate, complement, and synergize efforts to ensure the…
Louella Desiderio – The Philippine Star April 28, 2023 | 12:00am MANILA, Philippines — The value of the country’s digital economy went up by 11 percent in 2022, but its contribution to the gross domestic product (GDP) declined, according to the Philippine Statistics Authority (PSA). Data from the PSA showed the digital economy hit P2.08…
Joblessness, underemployment worsen in January as temporary holiday jobs fade Ramon Royandoyan – Philstar.com March 9, 2023 | 9:26am MANILA, Philippines (Updated 10:53 a.m.) — The proportion of jobless Filipinos went up in January while job quality deteriorated as the sheen of temporary jobs offered by the holiday rush faded, adding to the problems of…
No reprieve for Filipinos as inflation boils to over 10-year high in October Ramon Royandoyan – Philstar.com November 4, 2022 | 11:23am MANILA, Philippines (Update 1, 11:23 a.m.) — The prices of key goods and services hit their quickest pace of growth in over a decade in October, forcing Filipinos to continue tightening their spending…
July 11, 2022 | 12:33 am Jeepneys wait for passengers at the corner of EDSA-Aurora Boulevard in Quezon City, July 1. — PHILIPPINE STAR/ MIGUEL DE GUZMAN FacebookMessengerTwitterLinkedInShare By Diego Gabriel C. Robles THE NEW growth targets set by President Ferdinand R. Marcos, Jr.’s economic team are achievable if the government will continue to reopen the…
Published May 15, 2022, 9:05 PM by Merlina Hernando-Malipot The Department of Education (DepEd) is planning to complete the K to 12 curriculum enhancement in July this year to address congestion, redundancies, and overlaps in the current curriculum. “The 2022 Basic Education Curriculum is envisioned to be responsive and attuned to the dynamic changes in the…
Lawrence Agcaoili – The Philippine Star April 21, 2022 | 12:00am MANILA, Philippines — The International Monetary Fund (IMF) expects the Philippine economy returning to its pre-pandemic growth level in 2024 after closing the output gap arising from the impact of the pandemic by next year. IMF resident representative Ragnar Gudmundsson said in an email…
By: Ben O. de Vera – Reporter / @bendeveraINQ Philippine Daily Inquirer / 05:33 PM March 25, 2022 MANILA, Philippines—Just like the Bangko Sentral ng Pilipinas (BSP), economic think tanks watching the Philippines have flagged intensifying inflation risks, but they’re still divided on when to raise rates to cool upward price pressure. “As inflation rises back above 4…
Louise Maureen Simeon – The Philippine Star February 21, 2022 | 12:00am MANILA, Philippines — The Philippines should double it’s effort in boosting social protection programs, especially for informal workers, as the pandemic is slowly nearing its end, according to the International Labor Organization (ILO). The COVID-19 pandemic has shown the need for social protection…
Mayen Jaymalin – The Philippine Star February 14, 2022 | 12:00am MANILA, Philippines — The Department of Labor and Employment (DOLE) yesterday advised workers and trade groups anew to file criminal complaints against those who “red-tag” them.
Louise Maureen Simeon – The Philippine Star January 28, 2022 | 12:00am Economy beats forecasts, expands by 5.6% in 2021 The economy, as measured by gross domestic product (GDP) or the final goods and services produced in the country, rose by 7.7 percent in the last quarter, topping analysts’ median estimate of 6.3 percent. Miguel…
By Ernie Cecilia DPM January 27, 2022 PH’s future of work On January 21, Executive Director Ebb Hinchliffe of the American Chamber of Commerce in the Philippines (AmCham) hosted a discussion among selected industry leaders on the implications of “Future of Work” on American businesses in the Philippines. As chairman of AmCham’s Human Capital Committee…
Industries have differing views on RCEP By …- January 24, 2022 By JED MACAPAGAL and IRMA ISIP, Malaya Industries and business groups have banded to lobby for the concurrence by the Senate to the ratification of the Regional Comprehensive Economic Partnership (RCEP) Agreement, saying they will miss out on opportunities if the Philippines does not…
By Anna Leah E. Gonzales January 18, 2022 THE Bangko Sentral ng Pilipinas (BSP) on Monday said it received more than 40,000 complaints on financial transactions from 2020 to 2021.
Ramon Royandoyan – Philstar.com January 7, 2022 | 11:41am Jobless rate hits lowest since start of pandemic, but job quality worsens Devotees at National Shrine of Our Mother of Perpetual Help at Baclaran in The STAR / Michael Varcas ANILA, Philippines — Unemployment rate in November last year hit its lowest level since the start…
by Lawrence Agcaoili – The Philippine Star, 24 Dec 2021 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has joined the fight against predatory lenders charging an interest rate of as much as 504 percent per annum, as it decided to impose a cap on the charges imposed by lending firms, financing companies and…
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