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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......»»
Lakers rip Mavs, returning Luka
The Los Angeles Lakers, fueled by a near triple-double from Anthony Davis, spoiled Luka Doncic’s return from injury with a convincing 127-110 NBA victory over the Dallas Mavericks on Wednesday......»»
Philippines rises 23 spots in World Happiness Report
The Philippines rose 23 spots to land 53rd in the in the 2024 World Happiness Report. The Philippines was 76th in the World Happiness Report in 2023 and 60th in the 2022 report. The country also ranks as the 2nd happiest country in Southeast Asia, next to Singapore, which placed 30th. READ MORE: What makes Cebuano.....»»
Pinoy children unable to report online sex abuse – report
Fifty-five percent of children surveyed in the Philippines did not know how to report harmful content on social media, a report on online child sexual exploitation and abuse revealed......»»
Philippines still interested in CPTPP membership
The Philippines is still interested in becoming a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as the membership is expected to create new relations with economies outside the country’s existing bilateral free trade deals, according to Trade Undersecretary Allan Gepty......»»
Philippines eyes $3.82 million sales from German trade fair
The Philippines is targeting to generate $3.82 million in sales from its participation in an international consumer goods trade fair in Germany, according to the export promotions arm of the Department of Trade and Industry......»»
Trade deficit narrows to $4 billion in December
The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»
Philippines total external trade drops by 5.4 pct in November
MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»
‘Trade with China should continue’
The Philippines should continue to pursue stronger trade ties with China despite rising tensions in the West Philippine Sea, according to the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. and the Department of Trade and Industry......»»
NZ-EU FTA gains Royal Assent for 1 May entry to force
The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand's ratification of its free trade agreement with the European Union. "I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA)......»»
Malaysia holds historic biz market footprint in city
CONSIDERING the business climate and unique geographic position of Davao City, the Malaysia External Trade Development Corporation (Matrade) under the trade promotion agency of the Ministry of Investment, Trade and Industry (MITI) has set a historic business market footprint in the city through the Market Immersion Mission, making Davao one of their smart cities in the country, alongside the Philippine’s capital region, Manila......»»
British chamber remains optimistic on UK-Philippines trade growth
With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»
BOC creates body to solve trade woes
The Bureau of Customs has established an advisory council that aims to address trade bottlenecks and enhance trade facilitation among importers and business groups amid a changing global environment......»»
French Farmers Protest Unfair Competition in EU Free-Trade Agreements
French Farmers Protest Against Unfair Trade Agreements Imposed by EU French farming unions have taken to the streets to protest against free-trade agreements imposed by.....»»
Packaging trade show to support MSME development efforts – DTI
The Regional Operations Group of the Department of Trade and Industry expressed support for the upcoming ProPak Philippines trade show, emphasizing its potential to offer opportunities for innovation and improvement in product processing and packaging to micro, small and medium enterprises......»»
Quiboloy wants assurance from Marcos that US won’t interfere in PH court proceedings
Quiboloy wants assurance from Marcos that US won’t interfere in PH court proceedings.....»»
Quiboloy wants assurance from Marcos that US won’t interfere in PH court proceedings
Quiboloy wants assurance from Marcos that US won’t interfere in PH court proceedings.....»»
Quiboloy wants assurance from Marcos that US won’t interfere in PH court proceedings
Quiboloy wants assurance from Marcos that US won’t interfere in PH court proceedings.....»»
Quiboloy wants assurance from Marcos that US won’t interfere in PH court proceedings
Quiboloy wants assurance from Marcos that US won’t interfere in PH court proceedings.....»»
153,000 aliens took part in 2024 Annual Report – BI
OVER 153,000 foreign nationals took part in this year’s annual report by aliens who are holders of immigrant and non-immigrant visas in country. This was learned from Bureau of Immigration (BI) Commissioner Norman Tansingco himslef, as he disclosed that a total of 153,651 foreigners participated in the 2024 Annual Report which started on January 1, […].....»»