Monthly Archives: May 2018

‘Hard to believe’, DTI says of drop in PH ranking

Published by reposted only Date posted on May 25, 2018

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, May 25, 2018 Trade Secretary Ramon Lopez found the latest world competitiveness report “hard to believe,” after the country’s overall ranking suffered the most significant decline in Asia and the Pacific despite its recent economic growth.

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Chinese and South Korean support for shipbuilders irks Japan

Published by reposted only Date posted on May 24, 2018

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Train 2 casts cloud on sunshine industry

Published by reposted only Date posted on May 23, 2018

by KATLENE CACHO, Sunstar THE second package of the government’s tax reform is seen to dampen the future of the country’s information technology and business process management (IT-BPM), an industry official said.

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How technology affects jobs in Asia

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The Killa in Manila

Published by reposted only Date posted on May 22, 2018

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What the Passing of this HIV/AIDS Policy Act means for everyone

Published by reposted only Date posted on

BY JACQUELINE ARIAS Sen. Risa Hontiveros added another milestone to her list. Just yesterday, the Philippine HIV AIDS Policy Act of 2018 was passed in its final reading in the Senate.

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Semirara denies collapse of mining pit wall caused death of worker

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By: Nestor P. Burgos Jr. – @inquirerdotnet Inquirer, May 22, 2018 ILOILO CITY – The Semirara Mining Power Corp. (SMPC) refuted reports that a slippage or collapse in the walls of its its mining pit caused the death of a worker Sunday evening on Semirara Island in Antique.

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Second worker in fatal Hanjin shipyard accident dies

Published by reposted only Date posted on May 21, 2018

Both the Department of Labor and Employment (DOLE) and the Subic Bay Metropolitan Authority (SBMA) issue suspension orders to Binictican I-Tech, Hanjin’s subcontractor, following the accident by Randy V. Datu, Rappler, May 21, 2018 SUBIC BAY FREEPORT, Philippines – A second worker in the fatal accident at the Hanjin shipyard on May 12 succumbed to…

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Construction is embracing automation as legacy players team up with tech innovators

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Caterpillar, for example, recently invested in Sarcos, a robotics company with a line of exoskeletons that augment human strength. By Greg Nichols for Robotics | May 21, 2018 The market for construction robots is set to grow to $166.4 million by 2023, according to new research from Markets & Markets.

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BPOs must prepare for ‘inevitable’ AI, says Pernia

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by ABS-CBN News, May 21 2018 MANILA – The business process outsourcing sector should prepare for the “inevitable” use of artificial intelligence to prevent job losses, Socioeconomic Planning Secretary Ernesto Pernia said Monday.

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Storage will be energy’s next big thing

Published by reposted only Date posted on May 20, 2018

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Former DOF chiefs back 2nd tax reform package

Published by reposted only Date posted on

By: Ben O. de Vera , Inquired, May 20, 2018 Former top officials of the Department of Finance are backing the second tax reform package aimed at reducing corporate income tax rates while rationalizing the fiscal perks being enjoyed by investors.

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PH can add $40B to economy if women treated equally to men at work

Published by reposted only Date posted on

BASED ON RESEARCH BY GLOBAL MANAGEMENT CONSULTING FIRM By: Doris Dumlao-Abadilla – Reporter, Philippine Daily Inquirer, May 20, 2018 Based on the research, the Philippines fared well when it came to educating women or introducing them to the workplace. But women representation shrinks closer to the top of the corporate ladder. (File photo from the…

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Tinitingnan ba ng mga hiring manager ang social media ng aplikante?

Published by reposted only Date posted on May 18, 2018

Published May 18, 2018 Sa panahon ngayon, nakikilala na rin ang isang tao sa pamamagitan ng social media dahil makikita sa mga posts ang kaniyang ugali, paano ang kaniyang reaksyon sa mga bagay-bagay at kung paano siya makitungo sa kapuwa tao. Kaya naman ginagamit na rin ng mga HR manager ang social media para suriin…

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Asia oil bill to top $1 trillion a year as crude hits $80

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Victims of online love scams rising

Published by reposted only Date posted on May 17, 2018

SPECIAL REPORT By: Jeannette I. Andrade – Reporter, Philippine Daily Inquirer, May 17, 2018 (Last of two parts) Anyone among the 67 million Filipinos and the tens of millions of other people who are logged on the internet at any one time could be a suspect or a victim in the online “love scam” —…

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Special Report: Should we be worried about Chinese loans for infrastructure buildup? (Part 2)

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by Czeriza Valencia (The Philippine Star), May 17, 2018 (Last of two parts) Concessional rates JICA is known for providing loans on a concessional basis, meaning interest rates that are below commercial market rates. The rates and tenor of JICA loans are based on the income classification and the economic conditions of the borrowing countries.

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Half of Metro Manila homes have digital TV: surveys

Published by reposted only Date posted on

by ABS-CBN News, May 17 2018 MANILA – More than half of households in Metro Manila are watching television on digital, underscoring consumers’ shift away from analog, according to separate polls.

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Hanjin subcontractor suspended over fatal accident; workers blame labor subcontracting for unsafe workplace

Published by reposted only Date posted on

By Henry Empeño, BusinessMirror, May 17, 2018 SUBIC BAY FREEPORT — Authorities have suspended a subcontractor at the Hanjin shipyard in the Redondo Peninsula here after an accident last Saturday killed one worker and injured three others when they fell off a collapsed platform mounted at the side of a ship under construction.

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Pope says financial derivatives are a ‘ticking time bomb’

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https://www.cnbc.com/2018/05/17/vatican-says-amoral-financial-system-needs-infusion-of-ethics-more-regulation.html?__source=twitter%7Cmain The Vatican called for more regulation of markets and financial systems. Two Holy See departments drafted a document saying economic crises showed markets were not able to govern themselves and needed a strong injection of morality and ethics. The Vatican’s pronouncement is considered official teachings of the Catholic Church and could affect the attitude…

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August: Standard Chartered economist

Published by reposted only Date posted on

by ABS-CBN News, May 17 2018 MANILA – Inflation in the Philippines may hit 6 percent in August this year because of a number of factors, an economist at Standard Chartered said Thursday.

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Philippines posts sharpest drop in remittances in 15 years

Published by reposted only Date posted on May 15, 2018

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Guevarra commends fiscal in human trafficking case

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Guevarra commends fiscal in human trafficking case Justice Secretary Menardo Guevarra lauded the Office of the City Prosecutor (OCP) of San Fernando, La Union for convicting a human trafficker.

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Pope Francis: Youth are lost in a ‘virtual world’, instead of reality

Published by reposted only Date posted on

By Hannah Brockhaus, https://www.catholicnewsagency.com/amp/news/pope-francis-youth-are-lost-in-a-virtual-world-instead-of-reality-38228 (CNA/EWTN News).- Pope Francis said Monday he is worried that youth are too enmeshed in a virtual world of cell phones and other technology, separated, in particular, from the real human contact experienced by performing works of mercy.

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What employers look for in a resume

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SSS Fund life in ‘precarious’ situation

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DUE TO PENSION HIKE By BERNADETTE REYES, GMA News, May 15, 2018 The Social Security System (SSS) Fund may last only until 2026 if the second tranche of the P2,000 pension increase pushes through next year.

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DOF denies China asking for Philippines natural resources as loan collateral

Published by reposted only Date posted on May 14, 2018

by Mary Grace Padin (The Philippine Star), May 14, 2018 MANILA, Philippines — Loans and other financing support granted by the Chinese government to the country do not involve any of the Philippines’ natural resources as collateral, the Department of Finance (DOF) said.

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Why nepotism is a form of corruption, abuse of authority

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Blame global oil prices, not TRAIN for inflation — DOF

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Blame global oil prices, not TRAIN for inflation — DOF These numbers support their claim that tax reform isn’t the culprit. The Department of Finance dismissed critics of the Tax Reform for Acceleration and Inclusion (TRAIN) law, saying that it is not the biggest factor driving prices of goods up.

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China firms in Marawi rehab once blacklisted by World Bank

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