Monthly Archives: July 2018

J&J ordered to pay $4.14 billion punitive damages

Published by reposted only Date posted on July 13, 2018

By Tim Bross , Margaret Cronin Fisk , and Jef Feeley, Jul 13, 2018 Johnson & Johnson must pay $4.14 billion in punitive damages to women who claimed asbestos in the company’s talc products caused them to develop ovarian cancer. The company’s shares dropped in afterhours trading.

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52.8 million Filipinos have no bank account — BSP survey

Published by reposted only Date posted on July 12, 2018

by Lawrence Agcaoili (The Philippine Star), Jul 12, 2018 MANILA, Philippines — A total of 52.8 million Filipino adults do not have bank accounts amid the heightened efforts of the Bangko Sentral ng Pilipinas (BSP) to promote financial inclusion. Results of the BSP’s 2017 Financial Inclusion Survey (FIS) show 60 percent of the respondents reported…

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Better indicators are needed to track the well-being of elderly in developing countries

Published by reposted only Date posted on July 10, 2018

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Global sales of industrial robots log staggering rise

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By Greg Nichols for Robotics | Jul 10, 2018 New data confirms anecdotal reports of the blistering hot global automation industry That’s according to new data from the International Federation of Robotics, a major industry trade group. The data confirms previous anecdotal reports, as well as data from the Association for Advancing Automation (A3).

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Filipinos benefit P32.5-B per month from TRAIN: DOF exec

Published by reposted only Date posted on July 6, 2018

By Juzel Danganan, Jul 6, 2018 MANILA — Filipinos are reaping the benefits, around PHP32.5 billion per month, due to the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law, an official of the Department of Finance (DOF) said.

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The long and short of the digital revolution

Published by reposted only Date posted on July 5, 2018

By Martin Mühleisen, http://www.ipsnews.net/2018/06/long-short-digital-revolution/ WASHINGTON DC, Jun 26 2018 (IPS) – Digital platforms are recasting the relationships between customers, workers, and employers as the silicon chip’s reach permeates almost everything we do—from buying groceries online to finding a partner on a dating website.

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DOLE to PLDT: Stop layoffs, start regularizing over 7,000 workers

Published by reposted only Date posted on July 3, 2018

The Department of Labor and Employment says PLDT has been trying to ‘skirt’ around the law for years, violating labor laws and workers’ rights by Aika Rey, Rappler, Jul 3, 2018 MANILA, Philippines – The Department of Labor and Employment (DOLE) maintained that PLDT Incorporated must regularize more than 7,000 workers instead of terminating them.

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At a glance: Tax rates across Asean

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China unveils negative list for foreign investment in FTZs

Published by reposted only Date posted on July 2, 2018

China unveils negative list for foreign investment in FTZsChina on Saturday unveiled a new negative list for foreign… Опубліковано People's Daily, China Субота, 30 червня 2018 р. China on Saturday unveiled a new negative list for foreign investment in the country’s pilot free trade zones (FTZs), with the number of items down to 45 from 95…

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July 2, 2018 – WE BUY, THEREFORE WE KNOW PRICES HAVE RISEN! THE Department of Trade and Industry (DTI) said the prices of most goods it is monitoring have not moved since November, … [Read more.]

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DTI says only few prices have moved since Nov. by Janina C. Lim, BusinessWorld, Jul 2, 2018 THE Department of Trade and Industry (DTI) said the prices of most goods it is monitoring have not moved since November, and neither have its suggested retail price (SRP) ceilings on commonly-purchased goods.

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DepEd OKs tuition hike in 947 private schools

Published by reposted only Date posted on July 1, 2018

by Janvic Mateo (The Philippine Star), July 1, 2018 MANILA, Philippines — The Department of Education (DepEd) has approved the request of 947 private elementary and high schools to increase tui­tion this school year.

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Employers reject TUCP’s P320 wage hike bid

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by: Roy Stephen C. Canivel With a report from Jerome Aning, Philippine Daily Inquirer, Jul 01, 2018 Employers are not convinced that the rising prices of oil products, as well as basic consumer goods and services call for an across-the-board increase in the daily wage in Metro Manila.

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SWS: 61% opposed to same sex marriage

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by Janvic Mateo, Marc Jayson Cayabyab (The Philippine Star), Jul 1, 2018 MANILA, Philippines — Six in every 10 Filipinos oppose the proposal to allow same-sex civil unions, according to a survey conducted by Social Weather Stations (SWS).

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The future of retail: 4 trends transforming how we shop

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