NTUC Blog

by Czeriza Valencia (The Philippine Star) – Jan 25, 2019 GDP growth slows to 6.2% The Philippine economy grew at a slower pace in 2018, failing to hit the government’s target but still among the fastest in Asia, the National Economic and Development Authority (NEDA) reported yesterday.

by Jovic Yee, Philippine Daily Inquirer, Jan 2, 2019 Labor Secretary Silvestre Bello III said the approved minimum wage increases throughout the country were short of at least P100 for workers to be able to cope with the rising cost of basic commodities.

by Sheila Crisostomo (The Philippine Star) – Dec 30, 2018 MANILA, Philippines — The number of births in 2017 was the lowest in 10 years but more girls below 15 years have become mothers, the Commission on Population (PopCom) reported yesterday.

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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.

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by Louise Maureen Simeon With Rhodina Villanueva (The Philippine Star) – Aug 22, 2018 MANILA, Philippines — Despite the continuous arrival of rice imports, prices of the Filipino’s main staple remain in an upward streak for eight months now, the Philippine Statistics Authority (PSA) reported.

by Edu Punay (The Philippine Star) – with Mayen Jaymalin, Aug 14, 2018 MANILA, Philippines — The Duterte administration’s campaign against “endo” or end of contract labor practice got another legal boost.

by Jovic Yee, Philippine Daily Inquirer, Aug 14, 2018 Labor Secretary Silvestre Bello III said he had secured from the country’s biggest group of employers its commitment to regularize by yearend 300,000 workers as its contribution to the government’s campaign to end to contractualization.

Pernia: Security of tenure bill must be fair to both employers, workers Ben O. de Vera July 24, 2019 04:26pm 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….

‘Philippines on track to cut poverty’ by Julito G. Rada, Manila Standard, Jul 7, 2018 The 6.8-percent growth experienced in the first quarter this year puts the Philippines on track to sharply reduce poverty over the next four years, the country’s top economic managers said Friday.

(5TH UPDATE) Inflation climbs to another fresh high, exceeding market expectations and government forecasts by Ralf Rivas, Rappler, Jul 5, 2018 MANILA, Philippines (5th UPDATE) – Inflation continued to accelerate in June, reaching a fresh high of 5.2%, the Philippine Statistics Authority (PSA) reported on Thursday, July 5.

By Matthew Campbell, Bloomberg, Jun 30, 2018 In imposing sweeping tariffs, President Donald Trump is betting he can give domestic companies a boost while beating back foreign competitors. The problem is figuring out which one is which.

by Paolo Romero (The Philippine Star), Jun 13, 2018 MANILA, Philippines — Saying that prices of goods in the country have gone out of control, Sen. Paolo Benigno Aquino IV is urging the government to contain it by amending certain inflationary provisions of the Tax Reform for Acceleration and Inclusion (TRAIN) law.

by Gaea Katreena Cabico (philstar.com), Jun 8, 2018 MANILA, Philippines — The Philippines has been listed again as one of the worst countries for workers in the world by the International Trade Union Confederation’s 2018 Global Rights Index.

By TED CORDERO, GMA News A typical Filipino family needs a monthly income of P42,000 to live decently, Socioeconomic Planning Secretary and National Economic and Development Authority (NEDA) Director General Ernesto Pernia said on Thursday.

By BusinessMirror Editorial, Jun 7, 2018 The American Chamber of Commerce of the Philippines (AmCham) is an important part of the local business scene and has been for nearly 100 years. Its stated purpose: “The Chamber exists to serve the interests of Philippine and American businesses through the participation of members in promoting their long-term…

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By CNN Philippines Staff, Jun 5, 2018 Metro Manila (CNN Philippines, June 5) — Inflation rate rose to 4.6 percent in May from a year ago, the highest level in five years, the Philippine Statistics Authority announced Tuesday.

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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.

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by Mayen Jaymalin (The Philippine Star), May 10, 2018 MANILA, Philippines — Over 850 commercial establishments might face sanctions for illegal labor contracting and violating other labor regulations.

Average rate in first 4 months breaches gov’t target By: Ben O. de Vera, Philippine Daily Inquirer, May 05, 2018 Inflation rose to 4.5 percent year-on-year in April, the fastest pace in more than five years, mostly on the back of a jump in prices of “sin” products, the government reported Friday.

CONTRACTUALIZATION CONTROVERSY By: Delfin T. Mallari Jr., Philippine Daily Inquirer, May 04, 2018 MULANAY, Quezon — President Duterte on Wednesday admitted that the executive order that he signed on Labor Day prohibiting certain labor contracting schemes had “no teeth.”