Monthly Archives: January 2017

An ageing population could be good for the economy. Here’s why

Published by reposted only Date posted on January 31, 2017

by Nick Bunker, Policy Analyst, Washington Center for Equitable Growth, Jan 31, 2017 The world’s population is getting older. The share of the global population that is more than 50 years old is becoming larger and larger, presenting several economic challenges, the most troubling being the possibility of much slower economic growth. Several economists have…

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Elon Musk and Stephen Hawking warn of artificial intelligence arms race

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The pair joined prominent researchers in pledging support for principles to protect mankind from machines. BY ANTHONY CUTHBERTSON, Jan 31, 2017 Stephen Hawking and Elon Musk have joined prominent artificial intelligence researchers in pledging support for principles to protect mankind from machines and a potential AI arms race.

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Online security 101: Tips for protecting your privacy from hackers and spies

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This simple advice will help to protect you against hackers and government surveillance. By Zack Whittaker, Jan 31, 2017 Got nothing to hide? Think again. Privacy is what sets us apart from the animals. It’s also what sets many countries and citizens apart from dictatorships and despots. People often don’t think about their rights until…

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DoF bets on 6.5%-7% economic growth this yr

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BY MAYVELIN U. CARABALLO, TMT, Manila Times, Jan. 31, 2017 The Department of Finance (DOF) expects the economy to grow by between 6.5 percent and 7 percent this year, citing brisk domestic production, a healthy foreign exchange buffer, a strong banking system and a young and educated workforce.

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Social enterprises growing, need govt support – PIDS

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BY MAYVELIN U. CARABALLO, Manila Times, Jan. 31, 2017 Social enterprises in the Philippines are resurging, but the domestic policy environment is yet unresponsive to such growth, calling for greater government help in enabling them to contribute to inclusive growth, state think tank Philippine Institute for Development Studies (PIDS) said.

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Why an ageing population might be good news for the economy

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by Nick Bunker, Policy Analyst, Washington Center for Equitable, Jan. 31, 2017 The world’s population is getting older. The share of the global population that is more than 50 years old is becoming larger and larger, presenting several economic challenges, the most troubling being the possibility of much slower economic growth. Several economists have raised…

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Filipina maid ‘beaten to death’ in Kuwait

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DOLE closely following up case of Amy Capulong Santiago; help to be extended to her family – Bello By: Tina G. Santos, Philippine Daily Inquirer, Jan. 31, 2017 MANILA — Another Filipino household service worker in Kuwait, was allegedly beaten to death by her employer, Labor Secretary Silvestre Bello III said Tuesday.

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In a post-truth world, statistics could provide an essential public service

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by John Pullinger, Jan. 31, 2017 Statisticians can now amass more data more quickly than ever. This could help us to make decisions based on real numbers, not prejudice

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Outsourcing firms staying ­— US envoy

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by Othel V. Campos, Jan. 31, 2017, Manila Standard US Ambassador to the Philippines Sung Kim on Tuesday downplayed reports that American business process outsourcing companies are holding off expansion in the Philippines.

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Korean exec shares leadership advice to foreign managers in PH

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Manila Standard, Jan. 31, 2017 At a young age of 29, Korean executive Sung Joon Yoo came to the Philippines with the gargantuan task of managing a blue-chip company – Daejin Hi-Tech Philippines. Sung Joon is highly educated in his native city of Seoul with diplomas in Bachelor’s Degree in International Economics and Masters Degree…

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31 words and phrases you no longer need in 2017

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by KAREN HERTZBERG, Jan. 31, 2017 Close your eyes. Imagine words as people in an office setting. The verbs scurry about, active and animated, getting things done. The adjectives and adverbs conjure ideas and images in the marketing department. But there’s always that one guy. See him? He’s over by the water cooler, leaning against…

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Nomura flags Philippines’ ‘high vulnerability’ to Trump

Published by reposted only Date posted on January 30, 2017

Melissa Luz T. Lopez, Businessworld, Jan. 30, 2017 THE PHILIPPINES is among economies in Asia most vulnerable to abrupt policy shifts in the United States, Nomura Global Research said in a Jan. 27 report, saying such impact — in terms of geopolitics, trade and immigration — could weigh on the country’s growth prospects.

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Sorry, working from home isn’t the future of job flexibility

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Many jobs can’t be done from home—but they offer another kind of flexibility, one that may not mean sacrificing pay. by Rebecca Greenfield, Bloomberg, Jan. 30, 2017 Quick: When you dream of a more flexible work life, what does it look like? For most of us, the holy grail is working from home—but the future…

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Japan’s ‘unresolved’ disaster sways nuclear opposition symbol

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By Bloomberg News, Jan. 30, 2017 The man blocking the world’s largest nuclear plant says he grew opposed to atomic energy the same way some people fall in love. Previously an advocate for nuclear power in Japan, Ryuichi Yoneyama campaigned against the restart of the facility as part of his successful gubernatorial race last year…

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BPOs bullish amid Trump’s threat

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by Othel V. Campos, Manila Standard, Jan. 30, 2017 Business process outsourcing companies in the Philippines remain bullish and expect growth despite President Donald Trump’s plan to bring jobs back to the United States.

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DOLE sets review of occupational safety standards

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BY THE MANILA TIMES, JAN. 30, 2017 THE Department of Labor and Employment (DOLE) is set to upgrade occupational safety and health standards (OSHS) to ensure compliance with labor laws and issuances and other social legislations.

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Renewables can’t deliver Paris climate goals: study

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Even if solar and wind capacity continues to grow at breakneck speed, it will not be fast enough to cap global warming under two degrees Celsius (3.6 degrees Fahrenheit)AFP by AFP, Jan. 30, 2017 Paris (AFP) – Expansion of renewable energy cannot by itself stave off catastrophic climate change, scientists warned Monday.

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Robots may soon take over millions of jobs in ASEAN, reveals ILO study

Published by reposted only Date posted on January 29, 2017

ADITI NIGAM, Jan. 29, 2017 Urges stakeholders to prepare and adapt to changes Flagging the imminent takeover of million of jobs by disruptive technologies such as robotics, automation, cloud, Internet of Things etc., a new ILO study urges all stakeholders — government, employers and employees — to lose no time in adapting to these changes…

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Mine firm observes labor rules

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by Dexter A. See, Manila Standard, Jan. 29, 2017 TUBA, Benguet—The management of the Philex Mining Corp. is strictly adhering to the government’s policy against contractualization of its workforce, citing that most of its over 2,100 managers, supervisors and rank and file are hired as regular workers.

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Twin foreign policy developments seen favoring Philippines

Published by reposted only Date posted on January 28, 2017

By Melissa Luz T. Lopez, Businessworld, Jan. 28, 2017 PRESIDENT Rodrigo R. Duterte’s shift to a “multilateral” foreign policy and the United States’ pullout from the Trans Pacific Partnership (TPP) arrangement that excludes the Philippines are expected to help boost the latter’s trade and investments, according to analytical notes released on Friday.

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Let’s talk about reducing contact center agent stress

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Jean-Marc Robillard, Jan 28, 2017 On January 25th, Bell sponsored a very successful “Let’s Talk” day again this year, and it reminded me of the upcoming Mental Health Week in Canada, which runs from May 1st-7th 2017. For anyone who has worked in customer service, or in a contact center in general, mental stress is…

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Pasig LPG station blast: Death toll at 10; no one suing

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Another victim succumbed to burn injuries suffered from the Jan. 11 explosion at an LPG refilling station in Barangay San Miguel, Pasig City, bringing the death toll to 10.

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TUCP rejects order on endo

Published by reposted only Date posted on January 27, 2017

http://www.visayandailystar.com/2017/January/27/businessnews4.htm The Trade Union Congress of the Philippines rejects a new Department of Labor and Employment order that will only perpetuate contractualization and continue to curtail workers’ right to regular employment, freedom of association and collective bargaining, a press release from TUCP said yesterday.

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Can DOTr deliver any rail project?

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by Boo Chanco, the Philippine Star, Jan. 27, 2017 Read the article here.

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Economy grows fastest in three years

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By Mark T. Amoguis with Melissa Luz T. Lopez, Businessworld, Jan. 27, 2017 Researcher THE PHILIPPINE ECONOMY grew at a three-year high in 2016, closing the period near the upper end of the official target range and providing impetus to meet 2017’s higher goal.

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Businesses grapple with impact of weaker peso

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By Krista A. M. Montealegre, Businessworld, Jan. 27, 2017 THE PHILIPPINE PESO is expected to lose further ground to the US dollar this year, but the depreciation failed to make a significant dent on corporations, with the higher cost of imports likely to be borne by household consumers.

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‘PH can’t be country of contractual, endo workers’ —TUCP

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by Philippine Daily Inquirer The Trade Union Congress of the Philippines (TUCP) on Thursday rejected Department of Labor and Employment’s (DOLE) new department order that will only continue contractualization in the country.

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Expanding wealth gap biggest issue: Global Risk Report 2017

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By Digital Editor, Jan. 27, 2017 The increasing global inequality gap is the most important global trend facing the world in the next ten years, ahead of other urgent global problems such as climate change, polarization, cyber dependency, and ageing populations. At least so says the World Economic Forum (WEF) in its Global Risk Report…

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Amending a law, undermining a law: A tale of endo and of age discrimination

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BY ANTONIO P. CONTRERAS, Manila Times, Jan. 27, 2017 WE are supposed to be a government of laws. It is our body of laws that ensures that our rights will be protected, and that the restraints which the Constitution has imposed on state power will be translated into opportunities to harness the state to serve…

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The world’s most populous country is turning gray

Published by reposted only Date posted on January 26, 2017

Bloomberg News, Jan. 26, 2017 Shrinking labor force would create a drag on consumption Lopsided population balance puts strain on economic growth The world’s most populous country is turning gray at an accelerating pace. That aging has big implications for China’s economic growth, which could be undermined as the labor force declines sharply from 2021…

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Time for a new gender-equality playbook

The old one isn't working. We need bolder leadership and MORE EXACTING EXECUTION
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