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Net ‘hot money’ inflow posted in ’16 Bangko Sentral ng Pilipinas projecting a net outflow of $900M this year

Published by reposted only Date posted on January 13, 2017

By: Ben O. de Vera, Philippine Daily Inquirer, Jan. 13, 2017 The amount of so-called “hot money” that flowed into the country last year outpaced the amount that was pulled out, resulting in net inflows of $353.59 million, the Bangko Sentral ng Pilipinas reported Thursday.

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China is turning to robots as labor force ages

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Businessworld, January 13, 2017 FLAT, orange robots glide under stationary cars and ferry them to empty Chinese parking bays, using space more efficiently and, their creators say, reducing driver stress.

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Most Pinoys trust US, Japan; not China, Russia – SWS

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BY CATHERINE S. VALENTE, TMT, Manila Times, JANUARY 13, 2017 DESPITE President Rodrigo Duterte’s tirades against the United States, majority of Filipinos still trust the global superpower and its leading ally Japan, while having the opposite view toward China and Russia, according to a Social Weather Stations (SWS) survey.

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Dec. 15, 2016 – Victims of gender-based violence (GBV) are entitled to 10 days domestic violence leave with pay. Not many government agencies, unions and workers know this! Very understandable, considering that concerted government and private sector information campaigns on GBV do not exist. Predictably, 92% of those surveyed by ITUC AP and its affiliates in the Philippines say “that workplace support such as paid leave, education, training, and safety policies for domestic violence could reduce the effects of violence on the work lives of workers”.

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Dec. 15, 2016 – Victims of gender-based violence (GBV) are entitled to 10 days domestic violence leave with pay. Not many government agencies, unions and workers know this! Very understandable, considering that concerted government and private sector information campaigns on GBV do not exist. Predictably, 92% of those surveyed by ITUC AP and its affiliates…

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Job Fair 2017, February 14 & 15, 2017, SMX Convention Center, Mall of Asia

Published by reposted only Date posted on January 12, 2017
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Where machines could replace humans—and where they can’t (yet)

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Migration and Human Trafficking: A practical approach to tackling labour and sexual exploitation

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Duterte’s war on drugs: The first 6 months

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Econometrics and its consequences for human beings

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What to do with SSS

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by Marvin A. Tort, Businessworld, January 12, 2017 Almost five years ago, I wrote a column about my concerns regarding the life span of the Social Security System (SSS). I expressed my opinions based on a study by the Asian Development Bank (ADB), released in the third quarter of 2012, on pension systems in the…

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Stop human trafficking: The role of tech & public-private partnerships

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by Sarah Godoy, Forbes, January 10, 2017 January 11th marks National Human Trafficking Awareness Day, an opportunity for community members to show support for trafficking victims and survivors through simple acts–like wearing blue and sharing #WearBlueDay on social media–or fully immersing themselves in the anti-trafficking movement, and everything in between.

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Victim in LPG refilling station blast-fire dies

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By: Jodee A. Agoncillo, Philippine Daily Inquirer, Jan. 12, 2017 MANILA — One of the six workers of the Omni Gas Corporation who were seriously injured in a fire at the Regasco refilling station in Pasig City passed away on Wednesday night, local officials said. Senior Inspector Anthony Arroyo, chief of the investigation unit of…

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Health problems due to Bataan coal plant’s ash fall? DENR probes

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SMC Prez denies link between coal power plant and ailments, but commits to foot the bill By: Jaymee T. Gamil, Philippine Daily Inquirer, Jan. 12, 2017 MANILA — Are the health problems of residents in Limay, Bataan caused by ash fall or a spill from a byproduct storage facility being used by the San Miguel…

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6.5 million tourist-arrivals target easy–DOT

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By Catherine Pillas, Businessmirror, Jan. 12, 2017 The country’s hosting of several international events, such as the 65th Miss Universe, will allow the Philippines to attract 6.5 million foreign tourists this year, an official of the Department of Tourism (DOT) said on Thursday.

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Retitled – US studies find minimum wages result in “little decline in hiring”

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Higher minimum wage have losers, US studies find By New York Times, Jan. 12, 2017 CHICAGO—A growing number of economists have found that many cities and states have considerable room to raise the minimum wage before employers meaningfully cut back on hiring. But that conclusion may gloss over some significant responses to minimum-wage increases by…

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Duterte signs family planning EO

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BY CATHERINE S. VALENTE, TMT, Manila Times, JANUARY 12, 2017 T PRESIDENT Rodrigo Duterte has issued an executive order (EO) to “accelerate” the implementation of the Responsible Parenthood and Reproductive Health (RP/RH) law to ensure “zero unmet need” for contraception and reduce poverty, a senior Cabinet official announced on Wednesday.

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The four-letter word that can beat corruption

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BY RICARDO SALUDO, Manila Times, JANUARY 12, 2017 How can ordinary Filipinos help President Rodrigo Duterte beat corruption for good? In his message on Monday’s Black Nazarene procession, he extolled the Filipino’s untiring faith and unrelenting fight against injustice and corruption. Duterte now needs both to win against sleaze for good.

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Drilon: SSS contribution hike ‘illegal’

Published by reposted only Date posted on January 11, 2017

Citing Republic Act 8282, Senate President Pro-Tempore Franklin Drilon says the SSS cannot recommend an increase in benefits that require a corresponding increase in contribution by Camille Elemia, Rappler, January 11, 2017 MANILA, Philippines – Senate President Pro-Tempore Franklin Drilon and Senator Paolo Benigno “Bam” Aquino IV questioned the planned increase in the monthly contribution…

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20 hurt in Pasig City blast, blaze

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By: Jodee A. Agoncillo – Reporter / @jagoncilloINQPhilippine Daily Inquirer, January 11, 2017 Edited @ 10:15 a.m., Jan. 11, 2017, to include the names of the victims and to revise the number of those hurt.

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Moody’s warns: political risk could disrupt growth

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BY MAYVELIN U. CARABALLO, TMT, Manila Times, JANUARY 11, 2017 Reforms seen supporting PH economy for the medium term Ongoing reform in the Philippines is likely to boost the country’s medium-term economic growth, Moody’s Investors Service said, but it warned that domestic political risk, though low, is becoming more unpredictable and could disrupt progress for…

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SWS: Satisfaction with gov’t dipped

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Philippine Daily Inquirer, January 11, 2017 Net satisfaction with the general performance of the Duterte administration declined in the fourth quarter of 2016, dropping across areas and economic classes.

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Rescued ‘sacadas’ blame ‘contractualization’ scheme for ‘slave labor’

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By Jonathan L. Mayuga, Businessmirror, JANUARY 11, 2017 Rescued Hacienda Luisita sugar-plantation workers from Mindanao on Wednesday blamed the “contractualization” scheme for the “slavery” that continue to victimize landless farmers in agricultural plantations.

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Economic inequality top global risk – WEF

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BY THE MANILA TIMES, January 11, 2017 GENEVA: Rising income inequality is seen as the top risk for the global economy in 2017, with reforms to market capitalism increasingly viewed as necessary to ward off a populist backlash, the World Economic Forum said Wednesday.

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USAID launches new project to counter human trafficking in Asia

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By The Nation, January 11, 2017 The US Agency for International Development (USAID) Thursday launched a US$21.5-million-worth programme to counter human trafficking in Asia by awarding a contract a US development organisation.

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Are the communists no longer a security threat?

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Are the communists no longer a security threat? BY FRANCISCO TATAD, JANUARY 11, 2017 In his first joint command conference of the Armed Forces of the Philippines and the Philippine National Police in Malacañang last week, President Rodrigo Duterte declared he wanted the notorious Abu Sayyaf Group “crushed.” This should have been said on the…

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Hike in SSS pension gets Duterte’s nod

Published by anna Date posted on January 10, 2017

By Philippines News Agency, JANUARY 10, 2017 President Duterte has approved a pension hike for Social Security System (SSS) members, along with a corresponding increase in contributions, Palace and SSS officials said on Tuesday. In a press briefing in Malacañang, Presidential Spokesman Ernesto C. Abella said the President has approved a P1,000 increase for SSS…

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Car sales up 24% in 2016

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By Catherine Pillas, Businessmirror, JANUARY 10, 2017 PHILIPPINES auto assemblers grew by 24.6 percent in 2016, outpacing its growth in 2015 and its modest target of a 10-percent growth for last year.

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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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