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Philippines Sees Improvements in Jobs, Setting a Positive Tone for 2024
New insights from The Market Call paint a hopeful picture for the Philippines, especially in job opportunities and economic stability, pointing to a promising start in 2024. In December, a significant number of people, a whopping 50.5 million, found jobs, and the number of those without jobs hit a record low of 1.6 million, making […].....»»
DTI, Google to Empower MSMEs and Jobseekers to be Digitally Ready
The Department of Trade and Industry (DTI) and Google Philippines announced their collaboration to help Micro, Small and Medium Enterprises (MSMEs) and jobseekers to be more digitally adept in a US Trade Mission meeting last March 11, 2024, held in Malacañang. DTI Secretary Fred Pascual expressed his appreciation of the partnership with Google and said […].....»»
Marcos wants ‘strategy’ to address brain drain
MANILA, Philippines — In response to the persistent issue of brain drain in the country, President Ferdinand “Bongbong” Marcos Jr. urged the development of a strategy aimed at persuading graduates to remain in the Philippines and contribute their skills for a few years before considering opportunities abroad. According to Marcos, it was “fine” with him.....»»
Filing of complaints now easier with CARe System – DTI
The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»
Aboitiz InfraCapital’s West Cebu Estate Earns Recognition as ‘Best Industrial Development in Asia’ at Asia Property Awards
In its inaugural appearance at PropertyGuru’s Asia Property Awards, Aboitiz InfraCapital (AIC) Economic Estates’ West Cebu Estate clinched the prestigious title of “Best Industrial Development in Asia.” This recognition shines a spotlight on Balamban, Cebu, establishing it as a vibrant global investment hub. The achievement is attributed to the strong economic and social development fostered […].....»»
DTI allows manufacturers to downsize certain goods to offset rising costs
MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»
‘Terrific opportunities’ ahead for Philippines – US official
The Philippines is seen treading the right path with “terrific opportunities” ahead that make it eligible again to access grants that could help boost economic growth, a ranking US aid official said......»»
Employees Enter a so-so Era: The Latest Jobs Report – The Daily Guardian
January’s Jobs Report Exceeds Expectations, Indicating Positive Outlook for Labor Market In a surprising turn of events, the jobs report for January has defied expectations.....»»
Human Receives First Neuralink Brain Implant, Plays Civilization 6
What better way to test your new “Cyberpunk-like” brain with a good ‘ol strategy game, right? This is what the first human recipient of the Neuralink brain-computer interface (BCI) did, as he tested his “new” brain by playing a highly touted grand strategy game, Civilization VI. This comes as the Elon Musk-led company has etched […].....»»
Global manufacturers support expansion of Philippines industrial sector
The move of the government to attract more manufacturing investments and diversify sources of foreign pledges is seen to increase demand for industrial spaces in the country, bringing in high value manufacturing investments such as semiconductors......»»
Opinion - South China Sea- Philippines must softly manage disputes or miss out economically
Manilas assertive transparency strategy is touted as a model for managing maritime disputes but it diminishes key economic opportunities. As Chinese investment pours into other Southeast Asian countries, the Philippines must reduce geopolitical risks without acquiescing to Beijing......»»
Bacolod council backs STEM program at Mansilingan Agro-Industrial HS
Bacolod council backs STEM program at Mansilingan Agro-Industrial HS.....»»
Marubeni mulls RE foray, industrial estate development in Philippines
Japanese trading giant Marubeni is mulling an industrial estate comeback in the Philippines, while also exploring possible ventures into the renewable energy space......»»
DTI: More businesses registered in 2023
DTI: More businesses registered in 2023.....»»
More jobs to keep Pinoys home, lawmakers told
An economy stimulated by foreign investments could lead to the generation of more local jobs so that Filipinos will no longer seek work abroad, a former overseas Filipino worker said during deliberations of Resolution of Both Houses No. 7 by the House of Representatives’ committee of the whole on Wednesday......»»
Concepcion: Creating jobs more sustainable than legislated wage hike
A skilled workforce and a vibrant economy that creates jobs are a more sustainable approach to attaining higher wages instead of immediately increasing the minimum wage, according to entrepreneurship advocacy group Go Negosyo......»»
Foreign investment pledges more than double
Foreign investment pledges approved by investment promotion agencies surged by more than 127 percent to P394.45 billion in the fourth quarter of 2023 from P173.61 billion a year ago amid the country’s strong economic performance, according to the Philippine Statistics Authority......»»
Philippines defense strategy operationalized
The Philippines is setting into motion a defense strategy focused on securing and protecting the country’s territorial waters, including marine resources, Defense Secretary Gilbert Teodoro Jr. said yesterday......»»
Data centers: Philippine’s new investment magnet
When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»
Data centers: Phl’s new investment magnet
When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»