Business

Employment up, unemployment down in July: NEDA

MANILA -- The country’s labor force continued to grow, recording increased employment and lower unemployment in July 2018, the National Economic and Development Authority reported. The Labor Force Survey (LFS) of the Philippine...

Gov’t accelerating social mitigating measures vs. inflation

MANILA -- Budget Secretary Benjamin Diokno said Wednesday the government is fast-tracking the implementation of social mitigating measures to soften the impact of elevated inflation on the poor. He was referring to, among...

NEDA calls for agri reform to lower food prices

MANILA -- A committed effort from agencies in the agriculture sector to boost output and introduce policy reform is needed to bring down prices of agricultural products, the National Economic and Development...

Economic think-tank says policy tightening to hold back PH growth

MANILA -- As inflation tests new heights, soaring to 6.4 percent in August, experts from economic research and analysis firm IHS Markit say further tightening of monetary policy is to be expected,...

Grab won’t reimburse P2/min. charge to riders: LTFRB

MANILA -- The Land Transportation Franchising and Regulatory Board (LTFRB) has ordered ridesharing firm Grab Philippines not to reimburse the PHP2-per-minute charge to its riders. This, as the Board partially granted the motion...

TESDA to create 50K new tech-voc programs to propel economy

MANILA -- With national development as its main goal, the Technical Education and Skills Development Authority (TESDA) will create 50,000 new technical-vocational programs and targets to develop 50 percent of this before...
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