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Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
PSAC affirms commitment to public-private collaboration
The Private Sector Advisory Council is ramping up efforts to foster economic growth and poverty reduction through collaboration between governments and the private sector......»»
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.....»»
DOLE eyes better relations with private sector to increase quality jobs
DOLE eyes better relations with private sector to increase quality jobs.....»»
Philippines private sector sets trade visit to Malaysia
A private sector-led initiative to collaborate with Malaysian agriculture companies is set for this coming April 23 to 24, 2024......»»
Group lauds government action on nurse shortage
Various public-private programs of the government have addressed the shortage of nurses in the country, according to the Private Sector Advisory Council-Healthcare Sector Group, calling it a “quick win” for the government......»»
RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers
RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers.....»»
Mati City, 10 municipalities in Davao Oriental suspend classes, work
Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»
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.....»»
NEDA Board okays Php 17.9 B worth of new projects
By Joann Santiago MANILA, Dec. 16 (PNA) — The National Economic Development Authority (NEDA) Board on Wednesday approved Php 17.9-billion worth of new projects. Presidential Communications Operations Office (PCOO) Secretary Herminio Coloma........»»
Loans to agriculture sector ‘quadrupled’ in 2023
The banking sector’s loan disbursements to the agriculture sector quadrupled last year after the government widened the number of projects considered as compliant with the 25 percent requirement, a member of the central bank’s Monetary Board said......»»
Government announces agriculture delegations to better support Primary sector
The coalition Government has announced ministerial delegations to support key areas across the Primary sector to deliver for New Zealand's food and fibre sector, Agriculture Minister Todd McClay announced today."I will be supported in my roles as Minister of Agriculture, Trade, Forestry and Hunting and Fishing, by three Associate Agriculture Ministers, Nicola Grigg (National), Andrew Hoggard (ACT), and Mark Patt.....»»
Private sector collaborates with government for climate action
The private sector has expressed its commitment and readiness to fund sustainability projects to support the country’s climate goals......»»
PSAC backs government efforts in local talent retention
The jobs sector of the Private Sector Advisory Council expressed support for President Marcos’ efforts aimed at bolstering local talent retention, enhancing vocational training and streamlining business processes in the Philippines......»»
Balance in synergies: Ensuring effective public-private partnership
Partnerships between the government and the private sector have long been a cornerstone of economic growth, both in the Philippines and globally......»»
Lawmaker proposes gradual 3-year wage hike for private workers
A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»
German foreign minister grateful for Philippine health workers
Germany is grateful to Filipinos, especially in the health sector, for their important work in strengthening Germany’s health sector, Foreign Minister Annalena Baerbock said......»»
House tightens security after lawmakers get bomb threats
The House of Representatives has been placed on heightened alert following threats received by lawmakers and House staff last week, including bomb threats, Secretary General Reginald Velasco said on Monday......»»
Mabalacat LGU to implement 4-day compressed work week
Mabalacat LGU to implement 4-day compressed work week.....»»
Northern Luzon areas adopt 4-day work week due to heat
The city of Cauayan in Isabela and the municipality of Santa in Ilocos Sur have adopted a four-day work week scheme due to extreme heat......»»