Business & Economy

SEIPI keeps 5-6% growth goal

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The electronics and semiconductor sector has remained confident it could attain its 5-6 percent growth target this year and hit its goal of $50 billion in 2016.

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April export revenues down on lower shipment to US, China

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MANILA (Xinhua) - Philippine export revenues in April declined 12.8 percent on year to $4.041 billion due to a sharp decline in exports to the US and China, the National Statistics Office (NSO) reported today.

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Peso slumps to 43-to-dollar level as US, Japan slow down stimulus programs

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MANILA --The peso slumped on Tuesday, June 11, weakening back to the 43-to-a-dollar territory as signals that the US and Japanese central banks are allowing their stimulus programs to taper off dampened appetite for emerging market currencies.

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More jobless Pinoys amid stellar growth

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MANILA - Joblessness rose to a three-year high in April amid record economic growth as new graduates flooded the job market while unfavorable weather conditions stymied hiring in the agricultural sector, officials said yesterday.

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Filipinos care about jobs, energy, Shell says

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About nine of 10 Filipinos are as concerned about energy prices and future energy demand as they are with employment and education, according to a survey commissioned by the Shell Companies in the Philippines.

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Re-engineering the bamboo to new heights

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LOS BANOS – Say bamboo and people think poor man’s timber, as in nipa hut.

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ING Group sets up back office in PH

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MANILA - Netherlands-based ING Group N.V., one of the world’s largest financial service companies, has established a new back office in the Philippines.

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How competitive is the Philippines?

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Whenever I hear an employer complain about his workers’ lack of productivity and the proper work attitudes, my instinct is to blame the employer rather than the workers. With very few exceptions, the very same workers who manifest negative attitudes to work can blossom into the most productive human beings under the appropriate management style and corporate culture.

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Diplomats laud Aquino government's economic gains, peace deal with MILF

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MANILA -- Members of the diplomatic corps on Wednesday lauded the Aquino administration for its economic gains and the peace pact it entered with the Moro Islamic Liberation Front (MILF).

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Experts see solar energy powering remote countryside

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Filipinos living in remote islands and coastal communities stand to benefit the most from renewable energy, particularly the ones supplied by solar PV (photovoltaic) systems.

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