Services can be as powerful an instrument to attain inclusive economic growth as manufacturing. Take, for example, the booming export-oriented busines
Read MoreThe Aquino administration will fully support and develop five sectors that it considers critical in further reducing poverty in the country, said Arse
Read MoreSecond of two parts THERE IS NO LACK of skilled workers as evidenced by the demand for Filipino workers abroad, said John V. C. Nye, economist at G
Read MoreLocal businessmen belonging to the Philippine Chamber of Commerce and Industry (PCCI) said the credit upgrades obtained by the Philippines will not me
Read MoreBenjamin E. Diokno | Core THE PHILIPPINES received another "trophy" -- an upgrade to BBB- credit rating -- this time from Standard & Poor’s. Pr
Read MoreMANILA, Philippines - With Labor Day barely a month away, incumbent and aspiring senators alike are cool to a legislated wage hike for the country’s w
Read MoreAs Japan, many countries in Europe and now China wrestle with shrinking labor pools, a host of emerging nations are grappling with a different problem
Read MoreThe poverty level in the Philippines has remained unchanged since 2006 despite a skyrocketing stock market and the robust economy. The problem, say ex
Read MorePHNOM PENH, Cambodia — Tiffany & Company is quietly building a diamond-polishing factory in Cambodia, a country popularly associated more with kil
Read MoreCROSSROADS (Toward Philippine Economic and Social Progress) By Gerardo P. Sicat Excess labor supply at the going wage rate is a major characteristi
Read MoreMANILA, Philippines --- The Philippines may need to go on a non-working holiday diet to be more “attractive” to foreign and local investors, the Depar
Read MoreRepublic Act No. 10361 S. No. 78 H. No. 6144 Republic of the Philippines Congress of the Philippines Metro Manila Fifteenth Congre
Read MoreTHE GOVERNMENT is coming up with an updated medium-term development plan (MTDP) that will be centered on “job creation” and will be presented by Presi
Read MoreYear 2012 was a good year for Taiwanese investors whose investments reached $400 million from $300 million in 2011 as more investors dismayed by the
Read MoreKORONADAL CITY -- Thousands of workers of Dole Philippines, Inc. (Dolefil) have been assured of their jobs “for now” following the mother company’s
Read MoreMANILA, Philippines - The government is updating the country’s medium-term development plan, with focus given to needed institutional reforms that w
Read MoreMANILA, Philippines - Personal remittances -- the cash and non-cash items or goods carried across borders coursed through formal and informal channe
Read MoreIT ONLY TAKES nine minutes for a worker in Tokyo (Japan) to earn enough to buy a Big Mac but a wage earner in Manila will have to toil eight times l
Read MoreAn employer group has appealed the order which raised minimum wages in Metro Manila by P30 claiming that it is not economically feasible. In a moti
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