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Minister for Emergency Management and Recovery

Flood resilience across the Wairarapa will be increased thanks to the Government's commitment of more than $8 million across five projects."Today, I am visiting the Wairarapa as part of the Government's 100-day plan to meet with community representatives affected by the 2023 severe weather events to understand what can be done to speed up and simplify recovery efforts," Emergency Management an.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Moody’s outlook: Philippine banks remain on stable footing

Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Philippines eyes stronger cooperation, economic ties with Germany

The Philippines and Germany are looking to step up cooperation in areas like minerals processing and investment financing to boost economic ties, according to the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

‘No risk of political reform in economic Cha-cha’

Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Economic Cha-cha to boost FDI – BSP

Amending the restrictive economic provisions in the 1987 Constitution will likely attract more foreign investments in the country and stimulate economic growth, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

NEDA Chief: More reforms needed to unlock full benefits of Cha-cha

MANILA, Philippines  —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in a statement, are crucial for the economic advancement and competitiveness of the Philippines. Balisacan issued the statement to.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Charter change: Only the economic provisions should be included

So much controversy is being unnecessarily generated with this Charter change issue but in reality, changes to the overly protectionist economic provisions in the 1987 Constitution should be debated upon because it hinders the country from realizing its full economic potential......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Extreme weather, economic downturn top risks for Philippines – WEF

Extreme weather events, an economic downturn and shortage in energy supply are the top risks seen in the Philippines for the next two years, according to the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Fewer jobless Pinoys in January – DOLE

The number of unemployed Filipinos declined in January, according to the Department of Labor and Employment......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

200 jobseekers hired at SM job fair

Nearly 200 jobseekers were hired on the spot yesterday by various companies during an employment event organized by the Private Sector Advisory Council (PSAC) Jobs Committee, the Department of Labor and Employment (DOLE), the Quezon City government and SM City North EDSA......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Malabon fishermen get 20 boats from BFAR, DOLE

Members of four fisherfolk groups in Malabon yesterday received 20 motorized boats from the Bureau of Fisheries and Aquatic Resources as well as the Department of Labor and Employment......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

P38 daily wage hike for Davao region workers

DAVAO CITY (MindaNews / 20 February) – The Regional Tripartite Wages and Productivity Board-Davao Region (RTWPB-Davao) has approved a P38 daily increase for minimum wage earners in the region, to be implemented in two tranches starting next month. In an announcement released by the Department of Labor and Employment (DOLE)-Davao on February 19, it said […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

DOLE issues revised IRR on Service Charge Law

The Department of Labor and Employment has issued the revised implementing rules and regulations of the Service Charge law, which now excludes managerial employees from benefiting from the collected service charge......»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

DOLE to issue revised IRR for Service Charge Law

The Department of Labor and Employment will be issuing the revised implementing rules and regulations or IRR of the Service Charge Law......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

DavNor vice guv denies involvement in ayuda scam

The Vice Governor of Davao del Norte has denied any involvement in the alleged ayuda scam following claims made during a Senate hearing chaired by Senator Ronald Bato Dela Rosa. The hearing revealed that public officials in Davao de Oro and Davao del Norte were linked to illegally using cash assistance from the Department of Social Welfare and Development (DSWD) and funds from the Department of Labor and Employment (DOLE) for political campaigns. Vice Governor De Carlo Oyo Uy refuted the allegations, stating that there is no truth to the claims. In response, Governor Edwin Kuya Gov Jubahib emphasized that he was protecting the welfare of his constituents and the country's budget. He called for the punishment of those involved. The governor had previously requested an investigation into the ayuda scam after individuals in the provinces received less than the intended assistance. The vice governor announced plans for a separate investigation to clear his name and clarified that the DSWD is solely responsible for the identification, assessment, validation, and distribution of cash assistance to beneficiaries......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

BCPO eyes task force to solve bizman s slay

BCPO eyes task force to solve bizman s slay.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 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