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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......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

$247 million hot money exits Philippines in 2023

A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

P3.5 million shabu seized in Lahug buy-bust

P3.5 million shabu seized in Lahug buy-bust.....»»

Category: newsSource:  sunstarRelated News19 hr. 2 min. ago

P7 million shabu seized in separate drug busts in Metro Cebu

P7 million shabu seized in separate drug busts in Metro Cebu.....»»

Category: newsSource:  sunstarRelated News19 hr. 2 min. ago

Sports brand to donate P60 for every 10 minutes of movement

Sports apparel Adidas brought back its Move for the Planet where the brand will donate up to €1.5 million (P93.6 million) for every 10 minutes of movement......»»

Category: sportsSource:  philstarRelated News21 hr. 32 min. ago

P1.24 million shabu seized in Ormoc, Ilocos Sur

Anti-narcotics agents seized shabu with an estimated street value of P1.24 million in Ormoc City and Santa, Ilocos Sur on Wednesday......»»

Category: newsSource:  philstarRelated NewsMay 16th, 2024

P1.24 million shabu seized in Ormoc, Ilocos Sur

Anti-narcotics agents seized shabu with an estimated street value of P1.24 million in Ormoc City and Santa, Ilocos Sur on Wednesday......»»

Category: newsSource:  philstarRelated NewsMay 16th, 2024

Apollo Global Q1 net loss: P7.9-M (up 32%)

Apollo Global Capital posted a Q1 net loss of P7.9 million, which was actually 32% better than its Q1/23 net loss of P11.5 million......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

BOC intercepts P791 million smuggled cigarettes

Customs officers recently intercepted smuggled cigarettes from Singapore valued at P791 million......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

ICTSI to build $800 million terminal in Batangas

International Container Terminal Services Inc., the listed ports giant led by tycoon Enrique Razon, has no desire of slowing down its domestic expansion, as it will invest $800 million to build a container terminal in Batangas......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

P3.4 million shabu seized in Bulacan

Shabu with an estimated street value of P3.4 million was seized from two drug suspects in San Jose del Monte City in this province yesterday......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Police seize P1.7 million worth of shabu in San Dionisio buy-bust operation

Police seize P1.7 million worth of shabu in San Dionisio buy-bust operation.....»»

Category: newsSource:  sunstarRelated NewsMay 12th, 2024

PRO-Western Visayas nets P5.1 million worth of shabu in 24-hour anti-drug operations

PRO-Western Visayas nets P5.1 million worth of shabu in 24-hour anti-drug operations.....»»

Category: newsSource:  sunstarRelated NewsMay 12th, 2024

Sy-led Dominion Holdings books higher income in 1st quarter

Earnings of Dominion Holdings Inc. (formerly BDO Leasing & Finance Inc.) jumped by 30 percent to P75.9 million in the first quarter from P58.3 million in the same period last year......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Ex-convict nabbed for P.5 million shabu in Sogod, Cebu

Ex-convict nabbed for P.5 million shabu in Sogod, Cebu.....»»

Category: newsSource:  sunstarRelated NewsMay 11th, 2024

P8.16 million shabu seized in Talisay

Anti-narcotics agents confiscated 1.2 kilos of shabu valued at P8.16 million in Talisay City, Cebu yesterday......»»

Category: newsSource:  philstarRelated NewsMay 11th, 2024

Figaro coffee ends 2023 with P480.38 million in net income

Figaro coffee ends 2023 with P480.38 million in net income.....»»

Category: newsSource:  sunstarRelated NewsMay 10th, 2024

P20.4 million shabu seized in Lapu-Lapu

Two women listed as ”high-value” suspects in the illegal drug trade were arrested for alleged possession of shabu worth P20.4 million in Lapu-Lapu City, Cebu on Wednesday night......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

Philippine agriculture loses over 103 mln USD due to El Nino

MANILA, May 9 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached 5.9 billion pesos (103 million U.S. dollars), Philippine President Ferdinand Romualdez Marcos said Thursday. Marcos added that at least 3.6 million Filipinos across the country have been affected by the El Nino phenomenon. While the Philippines copes with the sweltering weather, the Southeast Asian cou.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024