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While intra-Asean migration significantly rose during the past decade, more Filipinos were able to find greener pastures outside the region, thanks to government policies that reduced costs for migrant workers, the World Bank said Monday, Oct. 9.
Read more: World Bank praises PH for support of migrant workers
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The Association of Filipino Franchisers Inc. (AFFI) is expecting member companies to enjoy a collective increase in gross sales up to 20 percent, reaching close to P130 billion worth of gross sales, a top official said.
Read more: PH franchisers expecting up to 20% increase in gross sales
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Malacanan on Monday, October 9, released Executive Order (EO) No. 44, approving Land Bank of the Philippines' (LBP) acquisition of Philippine Postal Savings Bank (PPSB).
Read more: Land Bank acquires Postal Bank, converts it to Overseas Filipino Bank
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NEW YORK -- Retailer Toys “R” Us has filed for Chapter 11 bankruptcy protection in a US court, the company said, amid heavy debt and a tough environment for bricks and mortar stores.
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WASHINGTON, D.C. -- The policy thrusts and progress in the reform agenda of the Philippine Government will be the central theme of the forthcoming visit of Finance Secretary Carlos G. Dominguez and the Philippine Economic Team to the United States on 11-15 October 2017.
Read more: Economic Policy Thrusts and Reform Agenda to headline US visit of PH economic managers
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Labor group Kilusang Mayo Uno (KMU) is readying bigger protest actions to oppose and foil the passage of a compressed work week bill and other flexible work schemes that violate workers’ rights.
Read more: MU readies protest actions vs compressed work week bill
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Even as foreign direct investment (FDI) lagged so far this year, economic managers were optimistic of the gains from President Rodrigo Duterte’s overseas visits, which they said will bring in $59.3 billion in economic benefits.
Read more: Finance chief: Duterte foreign trips to bring in $59.3-B economic gains
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Leading global cruise operator Royal Caribbean Cruises Ltd. (RCL) is betting big on Philippine human resources by teaming up with STI Education Services Group Inc. (STI ESG) to build a world-class training center for seafarers in Manila.
Read more: Royal Caribbean Cruises, STI to build school for seafarers
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President Rodrigo Roa Duterte on Thursday, October 5, assured Filipino farmers and fisherfolk that his administration would accelerate its efforts to empower the country's agriculture sector.
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Despite issues on the human rights situation in the country, the head of the Duterte administration’s economic team pointed to the strong stock market performance in recent weeks as reflecting investor sentiment.
Read more: DOF chief: Stock market highs reflect investor confidence
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