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WB tags better jobs as economy’s ‘missing link’

THE WORLD BANK said that better quality jobs and faster real wage growth are the “missing link” to reducing poverty and inequality in the country, even as the government pursues more aggressive infrastructure development. “The key challenge facing the government is not unemployment, but rather the poor quality of jobs in the labor market, as […] The post WB tags better jobs as economy’s ‘missing link’ appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineApr 16th, 2018

Asia under water: How 137 million people’s lives are being put at risk – CNN News

Khorsheeda Khatun had been left with nothing &'8212; then that too was washed away. The 28-year-old fled her home country of Myanmar in January with her two daughters, escaping the latest outbreak of violence, and was living in the Kutupalang Makeshift Settlement in Bangladesh when cyclone Mora arrived five months later and displaced up to 500,000 people. &'8220;My house was shattered. It broke the wooden planks supporting my hut and blew away the polythene rooftop. The wind and water destroyed whatever little possessions we had,&'8221; she told UNICEF workers in June. Several weeks later, across the Himalayas in South China, over 12 million people were forced to flee their homes as flood waters rose for yet another year. In China's southeastern Jiangxi province alone, flooding this year has so far caused $430 million in damages and economic losses. In neighboring Hunan province, 53,000 homes have been destroyed &'8212; and the flooding has yet to fully recede. Increasingly severe weather, triggered by climate change, is putting hundreds of millions of people at risk across the rapidly developing countries of southern Asia. &'8220;In the next 30 years, it is projected that heavy rainfall events will be increasing &' in Asia, by about 20% for sure,&'8221; climate scientist Dewi Kirono at Australia's Commonwealth Scientific and Industrial Research Organisation (CSIRO) told CNN. Southern Asia is already the wettest area on the continent and one of the wettest regions in the world,receiving an average of at least 1000mm of rainfall a year. As the rains fall harder, more than 137 million people in India, Bangladesh and China will be put at risk of coastal or inland flooding, more people than in the rest of the Asia-Pacific combined, a study in 2012 found. Aggravating flooding through poor drainage and short-sighted planning is the sprawling, rapid urban growth across South Asia, built to accommodate the millions of rural residents moving to cities. &'8220;You still have to have proper draining. It was a green field and now it's an urban area. Quite often, if you don't do that, (because) you've concreted everything the flood run-off is so much higher and the deaths are much worse,&'8221; Oxford University visiting fellow and WWF advisor Paul Sayers told CNN. The majority of flood-related deaths and injuries worldwide since 1950 have been in three countries: China, India and Bangladesh. According to statistics from Belgium's Universite Catholique de Louvain's Emergency Events Database, since 1950, more than 2.2 million people in these countries have been killed by flooding. That includes the estimated two million people who died during the disastrous 1959 floods in China. The world's leading authority of climate change, the Intergovernmental Panel on Climate Change (IPCC), wrote in its latest report the Asia region was already suffering &'8220;huge economic losses&'8221; from weather and climate disasters, with one quarter of the entire world's economic losses from disasters in Asia alone. As flood swept through central China in July 2017, leaving devastation in its wake and almost 90 people dead or missing, locals took to Weibo to express their horror. &'8220;The road is blocked, the electricity is downed, water is polluted, no phone signal is detected, elderly (people) and children are waiting for food,&'8221; said one user living in Shilong Village in Hunan province. Photos accompanying the post showed cracked walls, piles of trash and mud everywhere. &'8220;The major district has turned to a dead city,&'8221; another user said. Almost every year in the past decade, more than 1,000 people have died in China, India and Bangladesh from flooding, according to the Database, and millions of dollars in damage has been done. The problem centers around three of the great Himalayan rivers of South and East Asia: The Ganges, Brahmaputra and Yangtze. About 500 million people, or 50% of the population in India and Bangladesh, and about 300 million people, or about 25% of the population of China, live within the flood basins of these three rivers. Taken together, the three waterways support an estimated 14% of the world's total population. In China alone, the enormous Yangtze flood plain, full of fertile soil and easy river access, is responsible forabout 40% of China's GDP. &'8220;Many Asian cities, and especially some megacities, have been built in the deltas of major rivers where ports could link the cities to the global economy,&'8221; a report by the Asian Development Bank in 2012 said. When the heavy rains higher up in the flood plains flow into these rivers, water levels rise dramatically &'8212; and floodwaters pour into the surrounding cities and towns. For example, this year, torrential rains caused a Yangtze tributary in Hunan to rise a record 3.2 meters above the warning level, bursting its banks and swamping crops and houses. Still, these factors have been here for years. Why is the danger growing now? Flooding in urban environments is more costly in terms of lives and loss of property because without a natural way to disperse the floodwaters they can cause damage &'8220;beyond the scope of the actual (flood),&'8221; experts say. &'8220;A lot of the urbanization &' has happened in a largely unplanned matter. For instance they don't have risks adequately taken into account, they don't invest enough in sustainable drainage,&'8221; Abhas Jha, the World Bank sector manager for Transport, Urban and Disaster Risk Management for East Asia and the Pacific, said. Of course the huge rush of rural residents to China and India's cities hasn't helped, as cities expand deeper into floodplains and build hurriedly to accommodate their citizens. [&'].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJul 25th, 2017

Delivery Driver – Gomeco Metal Corporation – Valenzuela – Manila Jobs

*Job Description* *: * * Transports products to customers. * Makes sure loaded items conform to documentation. * Ensures safety travel and unload of items to…From Indeed – Mon, 23 Apr 2018 09:21:16 GMT – View all Valenzuela jobs Source link link: Delivery Driver – Gomeco Metal Corporation – Valenzuela – Manila Jobs.....»»

Category: newsSource:  manilainformerRelated NewsApr 24th, 2018

Delivery Driver – Gomeco Metal Corporation – Valenzuela – Manila Jobs

*Job Description* *: * * Transports products to customers. * Makes sure loaded items conform to documentation. * Ensures safety travel and unload of items to…From Indeed – Mon, 23 Apr 2018 09:21:16 GMT – View all Valenzuela jobs Source link link: Delivery Driver – Gomeco Metal Corporation – Valenzuela – Manila Jobs.....»»

Category: newsSource:  manilainformerRelated NewsApr 24th, 2018

Delivery Driver – Gomeco Metal Corporation – Valenzuela – Manila Jobs

*Job Description* *: * * Transports products to customers. * Makes sure loaded items conform to documentation. * Ensures safety travel and unload of items to…From Indeed – Mon, 23 Apr 2018 09:21:16 GMT – View all Valenzuela jobs Source link link: Delivery Driver – Gomeco Metal Corporation – Valenzuela – Manila Jobs.....»»

Category: newsSource:  manilainformerRelated NewsApr 24th, 2018

Delivery Driver – Gomeco Metal Corporation – Valenzuela – Manila Jobs

*Job Description* *: * * Transports products to customers. * Makes sure loaded items conform to documentation. * Ensures safety travel and unload of items to…From Indeed – Mon, 23 Apr 2018 09:21:16 GMT – View all Valenzuela jobs Source link link: Delivery Driver – Gomeco Metal Corporation – Valenzuela – Manila Jobs.....»»

Category: newsSource:  manilainformerRelated NewsApr 24th, 2018

80,000 jobs at Labor Day job, business fairs nationwide

MANILA, April 23 — An initial 80,000 local and overseas job openings are available to jobseekers on May 1 in a nationwide job and business fair, the labor department has reported. LaborSecretary Sil Source link link: 80,000 jobs at Labor Day job, business fairs nationwide.....»»

Category: newsSource:  manilainformerRelated NewsApr 24th, 2018

DoF: Bridge initiative to link Visayas, Luzon

The government is planning to build a host of bridges to link the Visayan Islands to Luzon to encourage economic activity and create jobs, the Finance department said on Thursday. The initiative is expected to cost a combined P269.19 billion, the department said in a statement. Investment Coordination Committee (ICC) approval will be sought for [...] The post DoF: Bridge initiative to link Visayas, Luzon appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsApr 20th, 2018

Quality Control – ShirtAsia Apparel Inc – Valenzuela – Manila Jobs

Candidate must possess at least a Bachelor's/College Degree, any field but candidates who at least have reached College level are eligible for the position….From Indeed – Tue, 17 Apr 2018 11:15:35 GMT – View all Valenzuela jobs Source link link: Quality Control – ShirtAsia Apparel Inc – Valenzuela – Manila Jobs.....»»

Category: newsSource:  manilainformerRelated NewsApr 18th, 2018

World Bank says Philippine human capital investments to counter overheating

The Philippines needs more investments in infrastructure and human capital, particularly upgrading the skill sets of workers for higher-paying jobs to be able to counter risks of an overheating economy, the World Bank Group said......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2018

Trade war or trade peace?

My business friends in the US tell me the US economy is really looking good, with growth going more robust, additional jobs getting created and consumer credit continuing to be strong......»»

Category: newsSource:  philstarRelated NewsApr 14th, 2018

Gatchalian: Interview | Boracay closure | Senate of the Philippines

April 5, 2018. (start of recording) Q: Ano po ang masasabi niyo tungkol sa total closure ng Boracay starting April 26 kung saan 36,000 jobs ang at risk at 56 billion ang mawawala? SEN WIN: Ang importante ngayon for DOLE to come out with a strategy na mabigyan ng temporary work ang 36,000 na employees,…… link: Gatchalian: Interview | Boracay closure | Senate of the Philippines.....»»

Category: newsSource:  manilainformerRelated NewsApr 6th, 2018

CAGAYAN DEPLOYS 870 STUDENTS,OUT-OF-SCHOOL YOUTHS FOR SUMMER JOB

AT least 870 students and out-of-school youths in Cagayan province were given summer jobs under the Special Program for Employment of Students and Out of School Youth (Spesos) with a P4-million budget. Glaiza Ugale, Public Employment Services Office (PESO)-Cagayan officer-designate, said there were 1,800 applicants but only 870 will be deployed starting this month in… link: CAGAYAN DEPLOYS 870 STUDENTS,OUT-OF-SCHOOL YOUTHS FOR SUMMER JOB.....»»

Category: newsSource:  manilainformerRelated NewsApr 4th, 2018

Maynilad allots P1.7-billion for wastewater jobs

Maynilad allots P1.7-billion for wastewater jobs Source link link: Maynilad allots P1.7-billion for wastewater jobs.....»»

Category: newsSource:  manilainformerRelated NewsApr 3rd, 2018

Is growth sustainable?

The answer appears to be yes. After a checkered history of boom and bust cycles since the founding of the Republic in 1946, punctuated by foreign exchange crises, the Philippine economy has broken out of this pattern and achieved significant growth the past few years. The economic picture seems healthy: consumption spending remains strong, driven… link: Is growth sustainable?.....»»

Category: newsSource:  manilainformerRelated NewsMar 25th, 2018

Stocks in Asia rally after US jobs; yen in focus

Asian stocks gained as trade-war concerns took a backseat to economic optimism following a U.S. jobs report Friday that showed the American economy continued to strengthen without the prior month’s rapid wage gains that stoked inflation fears. The MSCI Asia Pacific Index of stocks climbed, with markets from Tokyo to Sydney higher. The S&P 500 […] The post Stocks in Asia rally after US jobs; yen in focus appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 12th, 2018

Sen. Bam to probe job threats in BPO sector

March 11, 2018. Sen. Bam Aquino will examine the threats to jobs in the business process outsourcing (BPO) sector, including Artificial Intelligence (AI) and the effects of the Tax Reform Acceleration and Inclusion (TRAIN) Law. After receiving reports that the BPO sector may need to reduce their workforce or… Source link link: Sen. Bam to probe job threats in BPO sector.....»»

Category: newsSource:  manilainformerRelated NewsMar 11th, 2018

Economy poised to grow stronger

Economy poised to grow stronger Source link link: Economy poised to grow stronger.....»»

Category: newsSource:  manilainformerRelated NewsMar 7th, 2018

South China Sea conflict among biggest threats to world economy — report

South China Sea conflict among biggest threats to world economy — report Source link link: South China Sea conflict among biggest threats to world economy — report.....»»

Category: newsSource:  manilainformerRelated NewsFeb 28th, 2018

Taiwan reaches out to Southeast Asia

COVER IMAGES PROVIDED BY THE TOURISM BUREAU, MINISTRY OF TRANSPORTATION AND COMMUNICATIONS, ROC From a manufacturing and electronic equipment-producing economy, the vibrant Republic of China (Taiwan) has emerged as a major player in global affairs, especially among its Southeast Asian neighbors. As expressed by Representative of Taiwan, ROC to the Philippines Gary Song-Huann Lin, culture… link: Taiwan reaches out to Southeast Asia.....»»

Category: newsSource:  manilainformerRelated NewsFeb 25th, 2018

What kids glued to social media are missing out on

Apple CEO Tim Cook recently said that if he had children, he would keep them off social media. He added he had imposed strict limits on his nephew's technology use, reminding young people there were still concepts better left discussed and understood in person, rather than online. He joins a list of industry giants who have opined similarly, such as Bill Gates and Steve Jobs. Their opinion should be heard not only by the young but also by adults, who spend as much, if not more, time on social media. Many parents are active on social media, so is it any wonder our children want in on the same virtual world? Which is probably why, despite every red flag raised by experts, and the pl...Keep on reading: What kids glued to social media are missing out on.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2018