PH Allocates Over P32 Billion to Boost Workforce
The Philippine government has allocated billions of funds to enhance employment and livelihood programs in the 2024 budget. The Department of Budget and Management (DBM) Secretary, Mina F. Pangandaman announced a substantial allocation of P32.720 billion under the Fiscal Year 2024 General Appropriations Act (GAA). The budget includes important initiatives spearheaded by the Department of […].....»»
Capitol allocates P2.4M to Camotes Islands
Capitol allocates P2.4M to Camotes Islands.....»»
Comelec allocates P465M for internet voting for overseas voters, sets public bidding
Comelec allocates P465M for internet voting for overseas voters, sets public bidding.....»»
Nike Announces Layoffs of Over 1,500 Employees in Comprehensive Restructuring
Nike, the renowned sportswear and apparel company, has announced plans to cut 2% of its workforce, which translates to over 1,500 jobs. This move is.....»»
Sandigan junks Bistek’s plea to dismiss graft rap
The Sandiganbayan has dismissed the bid of former Quezon City mayor Herbert Bautista and former administrator Aldrin Cuña to dismiss the graft case filed against them in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»
Sandigan admits evidence vs Bautista
The Sandiganbayan has admitted all the documentary evidence presented by the Office of the Ombudsman’s prosecution team against former Quezon City mayor Herbert “Bistek” Bautista and former city administrator Aldrin Cuña in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»
Palarong Pambansa 2024: Cebu City allocates P205M for games
CEBU CITY, Philippines – The Cebu City government has allocated a budget of P205 million for its hosting of the Palarong Pambansa 2024 this July. However, the amount is still subject to deliberation and approval by the city council. READ: DepEd expects Cebu City’s ‘world-class’ hosting of Palarong Pambansa Previously, during the signing of the.....»»
Tesla lays off top performers and slashes departments, sources say
In a surprising turn of events, Tesla has announced layoffs impacting over 10% of its global workforce as the company prepares for its next phase.....»»
Philippines, IRRI ink MOU to boost rice output
MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»
Philippines, IRRI ink MOU to boost rice output
MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»
Leviste firm to invest over P5 billion in Batangas
Countryside Investments Holdings Corp., a company owned by Leandro Leviste, is investing over P5 billion to help boost development in rural Batangas......»»
Making Philippines workforce ready for the future
In response to the rapidly evolving global working landscape, Bayan Academy with the support of J.P. Morgan, has undertaken an initiative called #InDemandPH......»»
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......»»
PCCI: P100 wage hike to hurt SMEs
The proposed P100 daily minimum wage increase for private sector workers may hurt small and medium enterprise in the country as it may lead to the reduction of their workforce or even closure, the Philippine Chamber of Commerce and Industry warned......»»
PIDS: Pinoy workers lack ‘soft skills’ for digital age
Filipino workforce lack soft skills like adaptability, problem-solving and collaboration needed to adapt to emerging technologies, which could have consequences on the country’s competitiveness and ability to innovate, according to a new study by the Philippine Institute for Development Studies......»»
Filipino workforce lacks soft skills to adapt to digital age: gov t study
MANILA, Feb. 6 (Xinhua) -- Filipino workers lack soft skills, making it hard for them to adapt to the digital age, such as artificial intelligence and fast-emerging technologies, according to a government study released on Tuesday. Toward Measuring Soft Skills for Youth Development: A Scoping Study, a study conducted by the Philippine Institute for Development Studies, reveals that the Filipinos' weakness in sof.....»»
Boost for Local Agriculture: DOLE Turns Over Food Processing Machinery to Himamaylan Farmers
Boost for Local Agriculture: DOLE Turns Over Food Processing Machinery to Himamaylan Farmers.....»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»