Monthly Archives: May 2018

Needed: A tough guy

Published by reposted only Date posted on May 31, 2018

By: Peter Wallace – @inquirerdotnet Philippine Daily Inquirer, May 31, 2018 I’ve had some criticism, most of it very nasty, attacking me on my support for the Tax Reform for Acceleration and Inclusion (TRAIN) packages 1 and 2, but not arguing the issue and suggesting workable alternatives. This is the mark of a small mind…

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PH ranks 104th among best, worst countries for children

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300 Kadamay members jump ship, expose ‘corruption’ within organization

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By JUN VENERACION, GMA News, May 31, 2018 Fed up of being used and manipulated, around 300 Kalipunan ng Damayang Mahihirap or Kadamay members have called it quits, bringing into the open alleged corrupt practices of the pro-urban poor organization.

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America’s teens are choosing YouTube over Facebook

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Snapchat and even Facebook’s own Instagram are getting more clicks from the kids these days than the aging social network. By Sarah Frier, Bloomberg, May 31, 2018 Three years ago, Facebook was the dominant social media site among U.S. teens, visited by 71 percent of people in that magic, trendsetting demographic. Not anymore.

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NBI arrests 3 pimps, 12 victims in Rizal

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By Jeffrey Damicog, Manila Bulletin, May 31, 2018 Three suspected pimps were arrested, while, 12 female victims including 10 minors were rescued by the National Bureau of Investigation (NBI) during an operation conducted in Rizal.

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TRAIN to stall call center growth

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by Malaya, May 31, 2018 Policy changes on the tax and incentive regime may prompt the call center industry to revise its forecasts at a time when this sector has been experiencing tempered growth.

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70,000 additional BPO jobs seen this year, as industry braces for AI

Published by reposted only Date posted on May 30, 2018

by Jessica Fenol and Warren de Guzman, ABS-CBN News, May 30, 2018 MANILA – The business process outsourcing industry expects to add as many as 70,000 jobs and $1 billion in revenues this year, as it retools its workforce to weather the shift to artificial intelligence, an industry group said Wednesday.

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Budget chief: ‘We should be less of a cry baby’

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AMID RISING FUEL PRICES By TED CORDERO, GMA News, May 30, 2018 Budget Secretary Benjamin Diokno on Wednesday said Filipinos should not be too complaining as revenue collected from reformed excise tax rates will be used for government services.

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DOF hits IMD competitiveness report

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by DAXIM L. LUCAS, Philippine Daily Inquirer, May 30, 2018 Fiscal authorities yesterday described as “laughable” the claim of the International Institute of Management Development in its 2018 World Competitiveness Report that the country’s public finances are worsening.

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DOF: TRAIN Law not the primary cause of five-year high inflation

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By Jerald Uy, CNN Philippines, May 30, 2018 Metro Manila (CNN Philippines, May 30) — The Tax Reform for Accelaration and Inclusion (TRAIN) Law should not ultimately be blamed for the rise of consumer prices, Finance Assistant Secretary Paola Alvarez asserted on Tuesday.

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Senate panel OKs bill prohibiting labor-only contracting

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NO TO ‘ENDO’ By: Maila Ager – Reporter / @MAgerINQ INQUIRER.net, May 30, 2018 A bill that would prohibit labor-only contracting or “endo” in the country and impose a P5-million fine for violators has been approved by the the Senate Committee on Labor, Employment, and Human Resources Development.

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Electric vehicles will grow from 3 million to 125 million by 2030, International Energy Agency forecasts

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The number of electric vehicles on the road around the world will hit 125 million by 2030, the International Energy Agency forecasts. The world’s fleet of electric vehicles grew 54 percent to about 3.1 million in 2017. The IEA says government policy will continue to be the linchpin for electric vehicle adoption. Tom DiChristopher |…

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12 women, including 10 minors, rescued from trafficking ring in Pililia

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Nicole-Anne C. Lagrimas/KBK, GMA News, May 30, 2018 The National Bureau of Investigation (NBI) has rescued 12 women, 10 of whom are minors, and arrested three alleged human traffickers in a resort in Pililia, Rizal.

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Call centers expect to hire 70,000 more agents this year

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by Othel V. Campos, Manila Standard, May 30, 2018 Call centers expect to add 60,000 to 70,000 agents annually over the next five years, despite the threat of automation and artificial intelligence on the business process outsourcing sector.

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DOLE to help workers prepare for automation

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By Samuel P. Medenilla, Businessmirror, May 30, 2018 The government is now readying measures to cushion the impact of automation, which could cause some 18 million workers to lose their jobs, according to the Department of Labor and Employment (DOLE).

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‘RFINL lacks info on curbs to investment decisions’

Published by reposted only Date posted on May 29, 2018

By Cai Ordinario, BusinessMirror, May 29, 2018 The country’s Regular Foreign Investment Negative List (RFINL) remained silent on other restrictions that prevent foreign investors from making better investment decisions, according to a consultant of the state-owned think tank Philippine Institute for Development Studies (PIDS).

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‘TRAIN’ put P32 billion in people’s pockets–D.O.F. to critics

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By Rea Cu, BusinessMirror, May 29, 2018 FILIPINOS have about P32 billion more to spend monthly as a result of the personal income tax (PIT) cuts under the Tax Reform for Acceleration and Inclusion (TRAIN) law, the unconditional cash transfer program, the free tuition in state universities and colleges (SUCs), and the additional wages paid…

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KMU urges DOLE to ‘immediately regularize’ workers on contractual list

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Is capital or labor winning at your favorite company? Introducing the Marx Ratio

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Here’s the number of years it took each product to reach 50 million users h/t @Bill_Gross.

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Regional wage boards to convene next week

Published by reposted only Date posted on May 28, 2018

By Samuel P. Medenilla, BusinessMirror, May 28, 2018 The surge in international oil prices and the implementation of the tax-reform law have prompted the Department of Labor and Employment (DOLE) to finally order the regional wage boards to determine the feasibility of hiking the minimum wage rate.

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PHL employee engagement rises to 71% after 2016 drop — Aon

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by BusinessWorld, May 28, 2018 EMPLOYEE engagement levels in the Philippines rose by six percentage points to 71%, according to a new report by global professional services firm Aon.

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Gov’t ‘brushed aside’ warnings on TRAIN impact on poor, solon says

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by Audrey Morallo (philstar.com), May 28, 2018 MANILA, Philippines — An opposition lawmaker on Monday slammed government officials who brushed aside warnings that government safety nets supposed to cushion the impact of the tax reform law on prices had not yet been fully rolled out.

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DOLE submits initial list of 3300 employers engaged in illegal contracting

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By Rex Remitio, Jerald Uy, CNN Philippines, May 28, 2018 Metro Manila (CNN Philippines, May 25) — The Department of Labor and Employment (DOLE) submitted to Malacañang on Friday the initial list of private sector employers engaged in illegal contracting practices, Labor Secretary Silvestre Bello III confirmed to CNN Philippines.

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Duterte signs Ease of Doing Business Act

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by Dharel Placido, ABS-CBN News, May 28, 2018 MANILA (UPDATE) – President Rodrigo Duterte on Monday signed the Ease of Doing Business Act, delivering on a campaign promise to make government transactions faster.

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House approves work-from-home bill

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by Delon Porcalla (The Philippine Star), May 28, 2018 MANILA, Philippines — The House of Representatives has approved on second reading a consolidated bill where employees from both public and private companies can work from the comfort of their homes, free from stress and costly transportation.

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Temper the TRAIN fare (Part 2)

Published by reposted only Date posted on May 27, 2018

by Atty. Alex B. Cabrera (The Philippine Star), May 27, 2018 We all want our country and our government to succeed. There is just no one way to express it, and certainly, not just one frame of mind is required for that success.

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WATCH: Finance Usec. Karl Chua talks about addressing price hikes amid inflation. #ANCRecap

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https://twitter.com/ANCALERTS/status/1000667516304158720/video/1

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Labour laws in 104 countries reserve some jobs for men only

Published by reposted only Date posted on May 26, 2018

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Second tax package to create more jobs

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By: Ben O. de Vera, Philippine Daily Inquirer, May 26, 2018 The proposed second tax reform package is expected to create not only more but also better jobs as the government would grant incentives to investments generating employment opportunities, the think tank Action for Economic Reforms said.

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