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Philippines Job Market Records a 10% Surge in Annual Hiring: foundit Insights Tracker

foundit (formerly Monster APAC & ME), one of the leading talent platforms, today published the foundit Insights Tracker (fit) for December 2023, formerly published as Monster Employment Index (MEI). According to the Philippines Fit report, there was a (10%) increase in the annual hiring activity from December 2022 to December 2023. The index reached 128 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 2nd, 2024

Toral: Navigating through change: Insights from PMI manufacturing February 2024

Toral: Navigating through change: Insights from PMI manufacturing February 2024.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Significance of the country visit of UN SR for free expression and opinion to the PH

Human rights group emphasized the importance UN Special Rapporteur's visit, adding that this is the chance to show the international community that all is not well in the Philippines, and how current government policies, laws and programs have led to killings and various forms of human rights violations. The post Significance of the country visit of UN SR for free expression and opinion to the PH appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Red-tagging hobbles free expression and opinion

Freedom of expression and opinion in the Philippines is seriously hampered by the practice of red-tagging, according to Irene Khan, United Nations Special Rapporteur, who wound up a 10-day official visit to the Philippines yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Ramon Lim, former STAR opinion editor, writes 30

Ramon M. Lim, former opinion editor of The Philippine STAR, fought a good fight from COVID to pneumonia for more than a month starting mid-January of this year......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

BPO workers in economic zones must work on-site, says DOJ

Business process outsourcing firms (BPOs) within special economic zones that adopt work-from-home (WFH) arrangements for their employees are no longer entitled to tax incentives, according to the Department of Justice (DOJ). In a legal opinion dated Jan. 3, Justice Secretary Jesus Crispin Remulla contradicted the position taken by the Department of Trade and Industry (DTI),.....»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Japanese offer tech to cut cost of road repairs

Japan-backed tech innovators are bringing into the Philippines a new service that lowers the cost of fixing road damage by analyzing and recording them through a satellite......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Cebu Pacific named among safest budget carriers globally

Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

‘Climate change inaction cost to reach P1.4 trillion by 2030’

The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

‘Problematic power generation doubled electricity cost’

From P6 to P7 per kilowatt-hour, the cost of electricity has doubled to P11 per kwh due to problematic power generation, according to Sen. Sherwin Gatchalian......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

Ong: Electricity cost

Ong: Electricity cost.....»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

Cebu Pacific wins accolades as among best low-cost, Safe Airlines

Cebu Pacific wins accolades as among best low-cost, Safe Airlines.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Philippines Sees Improvements in Jobs, Setting a Positive Tone for 2024

New insights from The Market Call paint a hopeful picture for the Philippines, especially in job opportunities and economic stability, pointing to a promising start in 2024. In December, a significant number of people, a whopping 50.5 million, found jobs, and the number of those without jobs hit a record low of 1.6 million, making […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 22nd, 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

Opinion - South China Sea- Philippines must softly manage disputes or miss out economically

Manilas assertive transparency strategy is touted as a model for managing maritime disputes but it diminishes key economic opportunities. As Chinese investment pours into other Southeast Asian countries, the Philippines must reduce geopolitical risks without acquiescing to Beijing......»»

Category: newsSource:  manilanewsRelated NewsMar 27th, 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

Xinhua world economic news summary at 0900 GMT, March 6

MANILA -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 hectares of crop ar.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

NEDA approves 23 new priority infrastructure projects

The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 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