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ADB annual meet to prepare world for the future

TBILISI – Government officials from nearly 70 states, development partners, private sector and civil society organizations will gather here to discuss how the current and future financial and economic conditions will impact the world......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Private firms urged to tap EWA services

The private sector is urged to tap earned wage access services to reduce financial stress among Filipinos who often run low in cash as they await the next paycheck......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Scorching schools: How heat worsens conditions of poor students in PH

[This is the second and last part of a special report on how extreme heat in 2023 impacted the education sector in the Philippines. Click here for the first part.] CEBU CITY, Philippines – The same analysis by Cebu Daily News Digital (CDN Digital) showed that even private schools, which usually have better facilities and.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

DOLE-Davao exec calls on Congress to carefully study uniform daily wage hike bill

DAVAO CITY (MindaNews / 11 March) – The legislative push for a nationwide P100 to P400 daily increase for minimum wage earners in the private sector “must be compatible with the socio-economic conditions and purchasing power of each region,” an official from the Department of Labor and Employment – Davao Region (DOLE-Davao) said. “If Congress […].....»»

Category: newsSource:  mindanewsRelated NewsMar 11th, 2024

IFC investing $500 million to address Philippines development challenges

The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 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

Mindanao railway project up for NEDA review

The government is evaluating anew the Mindanao Railway project to update costs and potential ridership, with the possibility of shifting financing mode to include the private sector, instead of purely loans......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

House eyes bigger wage hike of up to P350 a day

MANILA, Philippines — The House of Representatives is considering a daily minimum wage hike for all private sector workers higher than the P100 proposed by the Senate, including a bill seeking a P350 increase. In a statement on Sunday, House Majority Leader Manuel Jose Dalipe pointed out that the chamber’s members arrived at a consensus.....»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 2024

Senate OKs P100 wage hike bill on final reading

The P100 minimum wage hike for private sector workers has been approved on third and final reading by the Senate, with 20 affirmative votes and no negative votes or abstentions......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

An F for Philippine education

An important document that’s been showing up in the inboxes and on the desks of both government and private-sector policymakers these past couple of weeks leaves no room in its title for misinterpretation: “Miseducation: The Failed System of Philippine Eduation......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

PCCI: P100 wage hike to hurt SMEs

The proposed P100 daily minimum wage increase for private sector workers may hurt small and medium enterprise in the country as it may lead to the reduction of their workforce or even closure, the Philippine Chamber of Commerce and Industry warned......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Employers’ group asks President Marcos: Veto P100 wage hike law

President Marcos should veto a proposed measure legislating a P100 daily across-the-board increase for the private sector as there is no way that small businesses can comply with the legislated wage hike, Employers Confederation of the Philippines (ECOP) chairman Sergio Ortiz-Luis Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Senate OKs on second reading P100 wage hike

The Senate approved on second reading yesterday a bill seeking a P100 daily minimum wage increase for private sector workers – a Valentine’s gift to minimum wage earners......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

National Cybersecurity Plan seen as vital defense for digital economy

A consumer advocacy group has lauded the President’s approval of the National Cybersecurity Plan 2024-2029 amid the rising incidence of cyber attacks targeting the government and private sector......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Employers buck legislated P100 wage hike

A Senate bill seeking a P100 increase in the daily minimum wage for private sector workers nationwide is facing opposition from employers who say this will hurt micro and small businesses and dampen investors’ appetite......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Thailand joins ASEAN agriculture-MSME development plan

The ASEAN Business Advisory Council Thailand has become the latest to sign to the region-wide private sector-led agriculture-MSME Development plan initiated in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Labor groups rally against Charter change, call for wage hike instead

MANILA, Philippines — Labor groups are joining the opposition against Charter change (Cha-cha), with one group urging lawmakers to prioritize passing a law for a P150 wage hike for private sector workers. The Federation of Free Workers (FFW) vice president Jun Mendoza Ramirez in a statement on Sunday emphasized the need to concentrate on the immediate.....»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

MPIC, SMC bids for MRT-3 rejected

The Department of Transportation will decline the privatization offers for the Metro Rail Transit Line 3 made by tycoons Manuel V. Pangilinan and Ramon Ang, as it eyes to get additional offers from the private sector......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

DOLE to employers: Excuse working parents during measles vaccination drive

The Department of Labor and Employment (DOLE) encouraged private companies to allow employees accompanying their children during the nationwide Measles-Rubella and Bivalent-Oral Polio Vaccine immunization to be excused from work......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

2 private firms willing to undertake Matab-ang River project

2 private firms willing to undertake Matab-ang River project.....»»

Category: sportsSource:  abscbnRelated NewsJun 5th, 2024