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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......»»
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.....»»
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......»»
More jabs vs pertussis, measles arriving soon — DOH
The health department said in a statement Monday that it is already distributing 64,400 pentavalent vaccines to curb the spread of pertussis, a highly contagious respiratory infection......»»
AIADMK releases first list of 16 candidates for Lok Sabha polls
Chennai (Tamil Nadu) [India], March 20 (ANI): AIADMK on Wednesday released its first list of 16 candidates for the upcoming Lok Sabha Elections 2024. The list was released by the party general secretary, Edappadi K Palaniswami. While releasing the list, he said that five constituencies have been allocated to the DMDK; and one each to Puthiya Tamilagam and SDPI. "In the AIADMK alliance, DMDMK is to contest in 5 seats, SDPI.....»»
Why Business Should Start Investing in the Mental Well-Being of Their Employees
The pandemic has triggered waves of anxiety, uncertainty, and financial strain, impacting the mental health of millions of employees. Poor mental health leads to decreased productivity, increased absenteeism, and strained work relationships. With that said, it is crucial to address employees’ mental health issues to have a thriving workspace. Encourage Open Communication and Supportive Culture […].....»»
Drug test: 3 Lapu CTMS employees fail random testing
LAPU-LAPU CITY, Cebu- Three Lapu-Lapu City employees tested positive in the random drug test initiated by the city’s anti-drug agency. On Monday, January 22, 115 job order employees from the city hall and traffic enforcers from the City Traffic Management System (CTMS) underwent random testing. Garry Lao, executive director of the City of Lapu-Lapu Office.....»»
Sugar trail in Panay, Negros eyes inclusion in World Heritage List
Sugar trail in Panay, Negros eyes inclusion in World Heritage List.....»»
Agoda Unveils 2024 New Horizons List
Digital travel platform Agoda reveals its first-ever “Philippines’ New Horizons,” a list of destinations that are fast growing in popularity. The list, which compares year-on-year search data, highlights emerging destinations that have seen significant growth in interest from both domestic and international travelers. Bohol tops the list with an impressive 72% increase in searches, followed […].....»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
DOE eyes AI use in power sector
The Department of Energy is looking at the use of artificial intelligence to help bolster the power sector’s capabilities in resolving and preventing problems such as power plant outages......»»
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.....»»
Charter Day bonus for Cebu City gov’t employees ‘still pending’
CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»