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2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»
German FM: Rising tensions in SCS a concern for Europe
Rising tensions in the region and China’s dangerous actions against the Philippines as well as developments in the South China Sea are of concern for Europe, Germany’s Foreign Minister Annalena Baerbock said yesterday......»»
Your Data, Your Rights: Proactive Steps for Personal Data Protection
Safer Internet Day 2024 comes amid data fears about limited access imposed on various popular apps, causing users to circumvent the new rules by downloading replacements. In an era where vast amounts of data are constantly being collected and analyzed, the risks of data breaches, identity theft, and invasion of privacy are more pronounced than […].....»»
Australia, Britain Criticize China for Actions in Hong Kong
SYDNEY - Australia and Britain on Friday criticized China for its actions in Hong Kong and the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.The two countries called out 'recent unsafe and destabilizing behavior by China's vessels against Philippine vessels and crew near Second Thomas Shoal in the South China Sea,' in a statement that contain.....»»
Minister attending Australian data, digital meeting
Minister for Digitising Government Judith Collins is in Sydney to attend the first Data and Digital Ministers' Meeting of 2024. "This is a great opportunity to connect with our Australian counterparts and identify how we can work together on digital transformation," Ms Collins says. "Both our nations are looking into how advancements like AI and digital iden.....»»
Iran Youth Water Polo 2nd at Asian Age Group C ship
TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»
Iran Youth Water Polo 2nd at Asian Age Group C ship
TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»
Iran Youth Water Polo 2nd at Asian Age Group C ship
TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»
Iran Youth Water Polo 2nd at Asian Age Group C ship
TEHRAN (Tasnim) - Iran's youth water polo team lost to Japan 17-13 at the 11th Asian Age Group Championship final on Saturday. - Sports news - Kazakhstan won the bronze medal, beating China 7-4.Iran defeated Malaysia, Sri Lanka, Singapore, Kazakhstan and China in the competition.The 11th Asian Age Group Championships included four aquatic disciplines, namely swimming, diving, water polo, and a.....»»
IBPAP eyeing new markets in Europe
The umbrella group of information technology-business process management firms in the country is aiming to grow and tap new markets in Europe as the Philippines and European Union resume negotiations for a free trade agreement......»»
Polish PM Tusk issues warning about Europe entering pre-war era
Polish Prime Minister Donald Tusk has issued a stark warning about the growing tension in Europe, stating that the continent is now in a “pre-war.....»»
Stone tools in Ukraine offer oldest evidence of humans in Europe
Until now, the oldest-known evidence of humans in Europe was about 1.2-1.1 million years old from a site called Atapuerca in Spain.....»»
MOU on crude coconut oil export to Europe
The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe......»»
GCash gets BSP nod to enter Europe, ME
E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»
China urges ROK to stay prudent on South China Sea issue: Chinese FM
BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»
BSP keeps policy rate at 6.5%
In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»
Stocks extend losing streak
Local stocks continued its descent as investors took a cautious approach ahead of the Bangko Sentral ng Pilipinas policy meeting......»»
US set to overtake China as Germany s top trade partner - data
Berlin has been exporting less to the Asian country in recent years, statistics have shown The US is on track to surpass China as Germany's leading trade partner as soon as next year, Reuters reported this week, citing the German Chamber of Industry and Commerce (DIHK). China has held the top spot for the past seven y.....»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»