Filipina

More Than 10M Filipinas Chose Family Duties over Jobs

Latest data from the Philippine Statistics Authority (PSA) reveal that more than 11 million Filipinas opted to stay at home to look after their families instead of looking for a job. According to PSA National Statistician Wilma A. Guillen, there...
Manny Villar

17 Filipinos are Among Forbes’ Billionaires List

Seventeen Filipino tycoons landed into Forbes Magazine’s 2019 World’s Billionaires List. Wealthiest among the Filipinos who made it to the list is former Senator Manny Villar, who boasts of a net worth of $5.5 billion. The 69-year-old real estate magnate...
imported rice

More Affordable Rice Will be Available in the Market in the Coming Days

Filipinos may soon avail of rice available at the market for as low as P25 as soon as the imported rice starts arriving in the country. The National Economic and Development Authority (NEDA) made the statement allaying concerns that poor...
shopping mall

Competition will boost growth of PH economy—World Bank

A recent study conducted by the World Bank shows that lack of competition slows down the growth of the Philippine economy. The World Bank presented the report entitled, ‘Fostering Competition in the Philippines: The Challenge of Restrictive Regulations,’ in Makati...
SSS logo

Pension Loan Application in SSS is Now Easier

To provide its more than 1.2 million pensioners with easier access to financial assistance, the Social Security System (SSS) relaxes the rules on applying for pension loans. SSS President and Chief Executive Officer Emmanuel Dooc said that under the SSS...
Jeffrey Velasco

Former Pedicab Driver and ‘Balut’ Vendor from Tondo Now Owns a Coffee Shop in Ireland

From his humble beginnings in Tondo, Jeffrey Velasco, the Filipino owner of Cuppacity Coffee and Bagels, grabbed every opportunity that comes his way until he was able to earn his place in Ireland’s coffee industry. Back in the days when...
spending power

TRAIN Law Increases Filipinos’ Spending Power—DOF

The first package of reforms brought by the TRAIN Law has successfully boosted the spending power of the Filipino consumers. Finance Secretary Carlos Dominguez made the statement after several companies in the country has reported growth in sales and high-profit...
bus on the road

Bus Companies to Submit Compensation Schemes for Drivers and Conductors Following Revised Guidelines

Bus drivers and conductors will soon be receiving part-fixed, part-performance based wages after the National Wages and Productivity Commission (NWPC) revised the rules that require bus companies to offer part-fixed compensation scheme to its employees. Under NWPC Guidelines No. 1,...
subway

Construction of the First PH Subway Begins

Commuters can look forward to 30-minute travel time from Quezon City to Ninoy Aquino International Airport in Pasay City as the construction of the first subway in the country starts this week. Leading the groundbreaking of the Metro Manila Subway...
President Rodrigo Duterte

PLDT Acts on Duterte’s Complaint Over Inaccessible Gov’t Hotline

The Philippine Long Distance Company (PLDT) moves to improve its service after receiving complaints from President Rodrigo Duterte of the inaccessibility of 8888, the government complaints hotline. PLDT Head of Public Affairs Ramon Isberto said that the company is currently...
textile

Garment Manufacturers’ Return Bid Needs Govt’ Support

Taking advantage of the investors who are interested to set up shop in the country, garment manufacturers are asking for more tax incentives to help the industry stand strong again. Director Ding Buendia of the Foreign Buyers’ Association of the...
construction

Wage Increase Will Attract Skilled Workers to Join PH Construction Industry

An increase in the minimum wage of construction workers and an attractive benefits’ package will attract applicants to enter the country’s construction industry. This is a recommendation from the Associated Labor Unions-Trade Union Congress of the Philippines (ALU-TUCP). In addition...
sisig, Filipino food

Filipino Food Making Waves at International Food Fests

The spotlight is on the Filipino cuisine at this year’s Melbourne Food and Wine Festival (MFWF) happening from March 9 to 13, 2019. Food enthusiasts from all over the world will get to taste and discover the best of the...
electronic payment

More e-Payment Services in the PH After BSP Streamlines Licensing Policies

Aiming to promote digital innovations and to increase the availability of safer and more efficient channels for delivering banking, payment, remittance, investment, and other financial services, the Bangko Sentral ng Pilipinas (BSP) streamlines licensing requirements for the approval of electronic...