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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.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 22nd, 2024

Weak hawk eagle rescued in Tuba, Benguet

A weak hawk eagle was rescued by village folk in San Pascual, Tuba, Benguet on Monday and found its temporary sanctuary at the office of the Department of  Environment and Natural Resource (DENR)-Cordillera......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Weak plume emission noted in Taal Volcano

State volcanologists yesterday recorded a weak plume emission in Taal Volcano in Batangas as Alert Level 1 remains in effect around the area......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Gov’t debt stock rose to P14.79 trillion as of Jan

MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings

Human rights group Karapatan urged the governments of Germany and the Czech Republic to raise concerns on the “dire lack of accountability and the continuing killings in the Philippines” as Ferdinand Marcos Jr. is on a state visit in the said countries. The post Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

Stocks up, peso breaches 56:$1

The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Peso underperformance likely to continue – MUFG

The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Women activists to Marcos: provide jobs, lower prices, not cha-cha

For working women and mothers, the Marcos Jr. presidency should provide jobs, decent wages, and lower prices of commodities to address economic woes and not tinker with the Constitution......»»

Category: newsSource:  davaotodayRelated NewsMar 11th, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Prioritizing job creation over wage hikes urged

Creating more jobs is a better way to improve lives than the proposed P350 minimum wage increase by the House of Representatives, according to Go Negosyo founder and Private Sector Advisory Council Jobs Lead Joey Concepcion. .....»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

January 2024 Jobs Report: 353,000 Jobs Added, Unemployment at 3.7%

Title: Job Market Surges in January, Wages Soar and Unemployment Holds Steady Subtitle: Increased Hiring Boosts Economy, Potential Impact on Federal Reserve’s Monetary Policy Byline:.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

IT-BPM industry eyes 1.84 million jobs this year

The Information Technology and Business Process Management is targeting to exceed 1.84 million jobs this year......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

DOLE eyes better relations with private sector to increase quality jobs

DOLE eyes better relations with private sector to increase quality jobs.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

‘Experience required’

Back in the day when you looked for jobs via the Classified Ads section, most company advertisements would state that jobs posted required work experience, some would even insist on at least two years working experience......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Hundreds of OFWs in Iraq to lose jobs

With the impending pullout of the United States from its bases in Iraq, hundreds of overseas Filipino workers (OFWs) are expected to lose their jobs, migration expert Manny Geslani said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024