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2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Exam leak: Over 20K students to retake admission test at West Visayas State University
More than 20,000 examinees will need to retake the qualifying test at the West Visayas State University in the Western Visayas region after officials confirmed that the admission test questions were leaked among some examinees......»»
There are more singles than married couples in Central Visayas but…
CEBU CITY, Philippines – Did you know that there are more singles compared to married people in Central Visayas? In fact, there are more singles in the entire Philippines, based on the 2020 census, and Central Visayas, one of the most populous regions in the country, is no exception. State statisticians identified approximately 6.4 million.....»»
T-bills upsized to P17 billion on lower rates
The government upsized its short-term securities to P17 billion as rates slipped across the board ahead of the inflation data release later this week......»»
T-bill rates rise on inflation recoil
The rates for the government’s short-term securities picked up across the board as the market expects inflation to have snapped four straight months of easing......»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
T-bill rates up across the board
Demand went down while rates increased for short-term securities, but the government sustained its full award streak and raised P15 billion......»»
T-bill rates rise across the board
Rates for the government’s short-term securities went up across the board as investors expect that policy easing here and abroad will likely be pushed further down the road......»»
New Board Members for UN Voluntary Trust Fund for Victims of Trafficking in Persons Announced
Vienna, 2024: The latest board of trustees of the UN Voluntary Trust Fund for Victims of Trafficking in Persons (UNVTF) has been established. The board is now constituted of:The five anti-human trafficking experts, representing the five UN Regional Groups, were appointed by the UN Secretary General Antonio Guterres to provide strategic guidance to the Trust Fund over th.....»»
PRSP 2024-2025 Board of Trustees takes oath of office in Malacanang
Officers and members of the Board of Trustees of the Public Relations Society of the Philippines (PRSP), 2024-2025, were formally sworn into office in an official oath-taking ceremony held recently in Malacanang Palace. The new PRSP board members took their oath of office before Hon. Cheloy Velicaria-Garafil, Secretary of the Presidential Communications Office (PCO). This […].....»»
MCWD eyes additional Board members from other LGUs
CEBU CITY, Philippines — The MCWD might include more members on its Board of Directors coming from other LGUs being served by the agency. The new members would represent the other highly-urbanized cities, including five municipalities under Cebu Province. In a press statement on Jan. 24, the MCWD board members said that they are ‘considering.....»»
RTWPB-7 okays P500 wage hike for Kasambahays
LAPU-LAPU CITY, CEBU- A good news for domestic workers or kasambahays in Central Visayas. The Regional Tripartite Wages and Productivity Board (RTWPB-7) has approved a proposal to increase their monthly wages by P500. From a minimum wage of P5, 500 per month, those who are working in chartered cities and first class municipalities in the.....»»
P15 daily minimum wage hike in Caraga to effect on May 1
P15 daily minimum wage hike in Caraga to effect on May 1.....»»
Workers demand wage hike anew
With just a few days before Labor Day, hundreds of workers from trade unions yesterday gathered to form stronger ties and demand a legislated wage increase......»»
DMW sets April 15 deadline for kin of deceased Saudi OFW wage claimants
DMW sets April 15 deadline for kin of deceased Saudi OFW wage claimants.....»»
Workers hold pro-wage hike rally today
Workers will mount a protest action today to push for the immediate granting of salary increases whether through legislation or wage order......»»
Workers seek Church help on wage hike
The Federation of Free Workers (FFW) is seeking the intervention of the Catholic Church for immediate passage of the pending P150 legislated nationwide wage hike......»»
Tell it to SunStar: Wage hike deliberations should tackle social justice
Tell it to SunStar: Wage hike deliberations should tackle social justice.....»»
Tell it to SunStar: A national minimum wage is best
Tell it to SunStar: A national minimum wage is best.....»»