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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

FUJIFILM Expands Presence in Cebu

Fujifilm Philippines Inc. (FFPH) and Fujifilm Business Innovation Philippines Corp. (FUJIFILM BI PH) announced their move to a new, expansive office in the heart of Cebu City. The relocation to Mercedes Benz Tower, Mindanao Ave Cebu Business Park, is more than just a change of address—it’s a strategic leap forward, reinforcing Fujifilm’s dedication to innovation […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

Philippine daily wage insufficient to meet family living expenses

MANILA, Philippines — The nationwide daily wage disparity averaged P762 as of March 2024, with the daily minimum wage averaging only P440, the think tank Ibon Foundation said on Wednesday. Data from the Ibon Foundation showed that the wage gap was computed based on the average daily minimum wage and the average family living wage.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

Inflation to average 3.2 percent in first quarter

Inflation is expected to average within the target range of the Bangko Sentral ng Pilipinas in the first quarter, according to First Metro Investment Corp. and University of Asia and the Pacific Capital Markets Research......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

PPI reinforces viability, innovation on 60th anniversary

PPI reinforces viability, innovation on 60th anniversary.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Pioneering innovation in digital banking

Oradian, a core banking software provider for emerging markets, based in Makati, recently hosted an event that has set the financial sector buzzing with discussions on innovation and agility in digital banking......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

D-Link partners with VST ECS to drive innovation, network solutions

Networking solutions provider D-Link and IT distributor VST ECS announced their distribution agreement recently. The partnership aims to accelerate innovation across the country......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

EU looks sad - Russian tycoon

Unlike the US and China, the bloc doesn't have the money to pursue innovation, Oleg Deripaska has said   The European Union looks particularly "sad" amid the ongoing global economic slowdown due to a lack of technology and finances to institute structural changes and invest in innovation, Russian busines.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Drought, dry spell to affect 72 provinces

Up to 72 provinces will experience below average rainfall by the end of this month, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Philippines likely grew below target in 2023 – economists

The economy likely posted growth below the government’s target of six to seven percent in 2023, according to economists......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Angat water level below normal

Angat water level below normal.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Angat water level below normal

Angat water level below normal.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Angat water level below normal

Angat water level below normal.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Angat water level below normal

Angat water level below normal.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Angat water level below normal

Angat water level below normal.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Angat water level below normal

Angat water level below normal.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Angat water level below normal

Angat water level below normal.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Angat water level below normal

Angat water level below normal.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Angat’s water to hit below minimum level in June

The water elevation in Angat Dam dropped to 200.05 meters yesterday and may go down below its minimum operating level of 180 meters in June due to the El Niño phenomenon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Market tumbles below 6,800 amid profit taking

The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024