Business & Economy

3 out of 4 Filipinos prefer to work in hometowns

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Believe it or not but more Filipinos prefer working in their hometowns than move elsewhere in the country like Metro Manila for more promising employment opportunities.

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Tourism contributes P1.4T to GDP

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The Philippine travel and tourism industry contributed a total of P1.43 trillion to the local economy in 2015, equivalent to about 10.6 percent of the country’s gross domestic product, according to the latest report by the World Travel and Tourism Council (WTTC).

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Gabby Singson laid foundations for stable PH banking system - Palace

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Malacañang on Tuesday, March 29, mourned the death of former Bangko Sentral ng Pilipinas governor Gabriel Singson, 87.

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Plight of OFWs unchanged since execution of Flor Contemplacion

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“I put her to sleep before I left.”

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Accenture transforms lives in Ilocos region

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SAN NICOLAS, Ilocos Norte -- Working student Camille Joyce Calipjo, 22, of the Divine Word College of Laoag City said she struggled to finish her accountancy course.

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China’s industrial output growth wanes

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BEIJING -- China’s industrial production during the first two months of the year grew at its slowest rate since the global financial crisis, the government said Saturday, March 12, underlining challenges facing the world’s second-largest economy.

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Troubled Saudi firms vow to pay OFWs’ back wages

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Thousands of Filipino workers in two of three financially troubled firms in Saudi Arabia will start receiving their back wages and benefits following negotiations with the company owners by a special mission sent by the Department of Labor and Employment to the Middle East early this month.

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US, Japanese agencies host 1st infra seminar in PH

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In a move seen to rival the influence of China-led Asian Infrastructure Investment Bank, the United States and Japan on Tuesday, March 15, launched their first ever infrastructure seminar in Manila, encouraging further investments to the Philippines’ infrastructure projects.

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Citi sees PH performing better than peers

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The world is an “uneven” place but against the backdrop of a challenging global environment, the Philippines is among those countries likely to perform better than most regional peers, Citigroup chief executive Michael Corbat said.

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Agro-industry, IT special ecozones to rise in UPLB campus

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LOS BAÑOS, Laguna -- Two special economic zones (SEZ) dedicated to agro-industry and information technology (IT) would rise on a 70-hectare land at the University of the Philippines Los Baños (UPLB), making these the first government economic zones within a university property.

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