THE COMMISSION on Audit (CoA) has flagged the Overseas Workers Welfare Administration (OWWA) for its low implementation rate of a scholarship program for children of overseas Filipino workers (OFWs). “The implementation rate for the Project Educational Assistance through Scholarship Emergencies (Project EASE) was 10.26%,” state auditors said ...
BI PHOTO A SERIES of videos that guide workers who want to be employed overseas on safe migration practices was launched Wednesday. The project is a collaboration among the Philippines’ Department of Migrant Workers (DMW) and Department of Labor and Employment, the Association of Southeast Asian Nations ...
PHILIPPINE STAR/MIGUEL DE GUZMAN A LAWMAKER is pressing for the passage of a measure that would extend the term of village and youth council officers to five years from the current three years, following a Supreme Court (SC) ruling that voided a law suspending this year’s village ...
The 2023 International Tax Conference concluded with great success last June 15. Esteemed speakers and panelists shared their expertise and engaged in insightful discussions on economic and tax issues, tax policies and digitalization in the Philippines, and good governance and ease of doing business. Notable speakers included ...
In the pantheon of industries experiencing seismic digital shifts, travel technology, or “traveltech,” stands as a towering figure. Emerging as a symphony of transformative technology and the primal human urge to explore, it is redefining the way we traverse the globe. Navigating these swirling currents of change, ...
A worker wipes an automotive computer component part at an electronics assembly line in Biñan, Laguna, April 20, 2016. — REUTERS/ERIK DE CASTRO By Luisa Maria Jacinta C. Jocson, Reporter PHILIPPINE FACTORY ACTIVITY lost momentum in June, with output expanding to its slowest pace in 11 months, ...
BSP GOVERNOR ELI M. REMOLONA THE NEW Bangko Sentral ng Pilipinas (BSP) chief sees inflation returning to the 2-4% target range before the year ends. “Inflation has finally started to come down, and if our models are right, we should be back in our target range even ...
THE SUN rises behind buildings as seen from Mabini Bridge in Manila, June 16, 2023. — PHILIPPINE STAR/MIGUEL DE GUZMAN THE PHILIPPINE central bank intends to complete the conduct of climate stress testing in collaboration with the World Bank this year. The Bangko Sentral ng Pilipinas (BSP) ...
Workers install steel bars at a construction building site in Manila, July 1, 2023. — PHILIPPINE STAR/MIGUEL DE GUZMAN THE 7% HIKE in minimum wages in the National Capital Region (NCR) is unlikely to boost domestic demand to the extent that it will fuel another spike in ...
Vietnamese customers wait for their turn to order in Jollibee’s store in Da Nang, Vietnam. The company aims to make Jollibee the top quick-service restaurant chain in the Philippines’ regional neighbor. — JOLLIBEE FOODS CORPORATION JOLLIBEE FOODS Corp. said on Monday that it is planning to expand ...