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World Bank: More Philippine firms report unfilled vacancies as demand for soft skills rises

MANILA, Philippines — More Philippine companies have reported inadequate workforce due to lack of qualified candidates, according to a World Bank report that.....»»

Category: financeSource: philstar philstarNov 23rd, 2017

World Bank: More Philippine firms report unfilled vacancies as demand for & apos;soft skills& apos; rises - Philippine Star

World Bank: More Philippine firms report unfilled vacancies as demand for 'soft skills' rises - Philippine Star.....»»

Category: newsSource:  googlenewsRelated NewsNov 23rd, 2017

Workers with good behavioral skills get better pay – study

MANILA, Philippines – More employers in the Philippines are finding it hard to search for workers with good behavioral skills, a recent study found. According to a World Bank report titled "Developing Socioemotional Skills for the Philippines' Labor Market," there is a rising number of firms that have ........»»

Category: newsSource:  rapplerRelated NewsNov 23rd, 2017

PH growth to remain fastest in Asean

  The World Bank expects the Philippines to sustain robust economic growth in the next three years even as public investments are seen slowing down. "The Philippines will continue to be the fastest-growing economy in the Association of Southeast Asian Nations (Asean), despite some stabilization of investment growth," the Washington-based multilateral lender said in its January 2018 Global Economic Prospects report released Wednesday morning (Philippine time). The World Bank projected the Philippines' gross domestic product (GDP) to grow 6.7 percent in 2018 and 2019, before slightly slowing to 6.5 percent in 2020. The World Bank's forecasts for the next three years were n...Keep on reading: PH growth to remain fastest in Asean.....»»

Category: newsSource:  inquirerRelated NewsJan 10th, 2018

Filipino workers need socioemotional skills

The government should integrate the development of socioemotional skills into the country’s educational and training framework to expand the employability of Filipino workers, the World Bank said in a new report. The “Developing Socioemotional Skills for the Philippines Labor Market” report released on Thursday presented new evidence from employer and household surveys on the role [...] The post Filipino workers need socioemotional skills appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 24th, 2017

Sobering, PCC says of drop in PH ease of doing business ranking

MANILA, Philippines — The Philippine Competition Commission (PCC) called the country’s latest ranking in the World Bank's Ease of Doing Business report a "sobering account" of the Philippines' performance. “The latest drop in rankings of the Philippines in the World Bank Group report on Ease of Doing Business is a sobering ........»»

Category: newsSource:  rapplerRelated NewsNov 2nd, 2017

Philippine rank in ease of doing business down to 113th

THE Philippines' rank in the World Bank's Ease of Doing Business report fell by 14 places to 113th this year. This was despite the marginal improvement on its score to 58.74 this y.....»»

Category: newsSource:  philippinetimesRelated NewsNov 2nd, 2017

PH scores high in preparation, procurement of PPPs – WB

Philippine Public-Private Partnership (PPP) program scored high in preparation and procurement of PPPs in the latest World Bank Report......»»

Category: newsSource:  mb.com.phRelated NewsOct 3rd, 2016

Are entrepreneurs born or made?

Nature or nurture? As family businesses account for a bigger share of the world economy, and as millennials increasingly shun the corporate world for startups, the question has become more urgent. The answer? Both. Some entrepreneurs venture out on their own without family backing, and many family businesses fall prey to the third generation jinx. But the most successful entrepreneurs are born into business families, but at the same time, they have also forged their own paths. HSBC Private Bank's Essence of Enterprise report 2016 surveyed 2,834 shareholders in private enterprises across several countries. Respondents have run or continue to run businesses having an average tu...Keep on reading: Are entrepreneurs born or made?.....»»

Category: newsSource:  inquirerRelated News2 hr. 13 min. ago

BPI, Genus plc boost partnership to modernize pig farms

Ayala-led Bank of the Philippine Islands (BPI) has signed a new partnership deal with world-leading animal genetics company Genus plc to promote state-of-the-art pig farming in the Philippines, with a commitment to quadruple lending portfolio to this farm segment to P4 billion in the next few years. This is an extension of an initial partnership signed by BPI with UK-based Genus in 2013 that paved the way for the disbursement of over P1 billion in loans to modernize pig farming. A new deal was signed on Friday night to extend the partnership for another five years and likewise to promote the use of biogas facilities that convert farm waste to energy alongside climate-controlled a...Keep on reading: BPI, Genus plc boost partnership to modernize pig farms.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2018

WB approves $170M funding for PHL rural projects

THE World Bank has approved $170 million in additional funding for programs that seek to develop provinces Philippines by building more roads, bridges, and irrigation systems. In a statement, the multilateral lender announced on Friday that it will be extending a bigger credit line for the Philippine Rural Development Project (PRDP), which is a nationwide […] The post WB approves $170M funding for PHL rural projects appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 13th, 2018

PH rural devt project gets additional $170M

The World Bank will provide $170 million in additional financing for the Philippine Rural Development Project (PRDP), which was described as one of the country’s “most innovative”. In a statement on Friday, the Washington-based multilateral lender said the funding approved by its board of executive directors would support the development of rural infrastructure such as [...] The post PH rural devt project gets additional $170M appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 12th, 2018

World Bank approves $170-M for Philippine rural development

MANILA, Philippines — The World Bank on Friday announced it has approved $170 million worth of additional financing for the Philippine Rural Development Proj.....»»

Category: financeSource:  philstarRelated NewsJan 12th, 2018

BMI: Stability risks rising for PH banks

Philippine banks remain stable but risks are rising on the back of expected higher interest rates, a Fitch Group unit said in declaring a neutral view of the industry. BMI Research, in a report released on Thursday, said bank lending could grow by 14 percent per year until 2019 given healthy risk appetite. Gross domestic [...] The post BMI: Stability risks rising for PH banks appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 12th, 2018

City Savings buying out IFC in PR Savings Bank

MANILA, Philippines — The investment arm of the World Bank is unloading its interest in Isabela-based thrift bank Philippine Resources Savings Bank in favor.....»»

Category: financeSource:  philstarRelated NewsJan 12th, 2018

PHL to remain among SE Asia’s fastest-growing economies — WB

By Elijah Joseph C. Tubayan Reporter THE PHILIPPINES can be expected to remain one of Southeast Asia’s fastest-growing economies, the World Bank said in its latest report, even as the global lender maintained the country’s growth projection for this year. “The Philippines will continue to be the fastest-growing economy in the Association of Southeast Asian… link: PHL to remain among SE Asia’s fastest-growing economies — WB.....»»

Category: newsSource:  manilainformerRelated NewsJan 11th, 2018

PHL to remain among SE Asia’s fastest-growing economies — WB

By Elijah Joseph C. Tubayan Reporter THE PHILIPPINES can be expected to remain one of Southeast Asia’s fastest-growing economies, the World Bank said in its latest report, even as the global lender maintained the country’s growth projection for this year. “The Philippines will continue to be the fastest-growing economy in the Association of Southeast Asian […] The post PHL to remain among SE Asia’s fastest-growing economies — WB appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 10th, 2018

$500-M Metro Manila flood control project starts this month, DOF says

The first Philippine project partly financed by the China-led Asian Infrastructure Investment Bank (AIIB) is expected to start implementation this month, the Department of Finance saidTuesday.   In a statement, the DOF said the government would begin work on the $500-million Metro Manila Flood Control Management Project to be jointly implemented by the Department of Public Works and Highways and the Metro Manila Development Authority within the month.   In September last year, the AIIB and the World Bank approved their respective loans of $207.6 million each for the said project.   The remaining $84.7 million will come from the national government. &nb...Keep on reading: $500-M Metro Manila flood control project starts this month, DOF says.....»»

Category: newsSource:  inquirerRelated NewsJan 9th, 2018

IFC eyes more tourism exposure

By Elijah Joseph C. Tubayan Reporter THE INTERNATIONAL Finance Corp. (IFC) is looking to expand exposure to Philippine tourism given the sector’s “huge potential” to generate jobs especially in the provinces, a ranking official of the World Bank Group unit said. “Tourism is something that we’d like to do a lot more in the Philippines […] The post IFC eyes more tourism exposure appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsDec 27th, 2017

Man falls from PBCom Tower in Makati

MANILA, Philippines – A man fell to his death from the Philippine Bank of Communications (PBCom) Tower in Makati City on Wednesday, December 27.  The Makati City police identified the man as Rissan Alarosa, a helper at the Megacity General Construction and Development Corporation.  In an initial report ........»»

Category: newsSource:  rapplerRelated NewsDec 27th, 2017

FMIC, UA& P expect PH growth to hit target

The Philippine economy likely sustained its strong growth pace in the last three months of the year, an investment bank and a private university said in a joint report, pointing to infrastructure spending as the main driver. “With the growth momentum back in [the]third quarter and a strong start in [the]fourth quarter, we think our… link: FMIC, UA&P expect PH growth to hit target.....»»

Category: newsSource:  manilainformerRelated NewsDec 27th, 2017