Business & Economy

Calif. guv signs historic domestic and farm worker bills

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SACRAMENTO, California -- Governor Jerry Brown on Monday, Sept. 12 signed into law two historic pieces of legislation that permanently preserve overtime protections for California’s privately hired domestic workers and expands overtime pay for farm workers.

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Setting Up Business in APEC Now 50% Faster

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It takes half the amount of time for budding entrepreneurs in the Asia-Pacific region to set up a business today compared to about a decade ago. 

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2-year freeze on farm land conversion up

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President Duterte has decided to impose a two-year moratorium on the conversion of 4.7 million of agricultural lands distributed under various agrarian reform programs since 1972 into subdivisions and industrial parks in a bid to ensure food security.

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PH gov’t considers nuclear energy as int’l conference kicks off

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A 3-day international conference on nuclear power kicked off on Tuesday, August 30, in Manila as the Philippine government reconsiders nuclear energy to solve power shortage and the high cost of electricity.

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Tax reform to fund Mindanao peace projects - DOF

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Additional revenue to be generated under the Duterte administration’s proposed tax reform program will fund projects that will foster peace, according to the Department of Finance (DOF).

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Duterte promises repatriated OFWs to be included in CCT program

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President Rodrigo Duterte on Wednesday, August 31, promised 129 repatriated overseas Filipino workers (OFWs) to be included in the government’s conditional cash transfer (CCT) program.

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Wanted: Army of coffee experts to help PH

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An “army,” not of soldiers but of coffee experts - farmers, processors, roasters, cuppers, graders and cafe owners - is what the Philippine Coffee Board Inc. (PCBI) hopes to have for the country by 2018, to help build a stronger coffee industry and create high-quality products that can compete in the international market.

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PH gov’t gets crash course on nuclear energy

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A crash course on “Nuclear 101.” That was how Energy Secretary Alfonso Cusi described the three-day international conference on the prospects of nuclear power in the Asia Pacific Region that culminated on Thursday, September 1.

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Duterte OKs P171-B infra projects

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President Rodrigo R. Duterte has approved the rollout of nine infrastructure projects worth over P171 billion barely 100 days since he assumed office as the administration wants to impress foreign investors whose interest may waver amid international bad press that the President has been getting, the country’s chief economist said Thursday, September 15.

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Life insurance for P299 a year

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Bancassurance firm Manulife China Bank Life Assurance Corporation (MCBL) has rolled out an affordable life insurance package that requires a premium of as low as P299 per year, seeking to broaden the market for protection products in this country.

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