Moody’s to look at fiscal policy, social risks in rating assessment

MOODY’S INVESTORS Service will monitor the next administration’s fiscal policy in its assessment of the country’s credit rating amid expectations of continued spending on recovery from the pandemic as well as the implementation of the Mandanas ruling.

Angeles City posts highest 2020 jobless rate

ANGELES CITY, Pampanga recorded the highest unemployment rate in 2020 of 23.2%, more than double the national average of 10.3%, the Philippine Statistics Authority (PSA) said.

BSP pushing for tighter laws vs counterfeiting, coin hoarding

THE CENTRAL BANK is pushing for tighter laws against currency counterfeiting and coin hoarding.

DoJ orders NBI probe into LANDBANK hacking reports

THE DEPARTMENT of Justice (DoJ) on Thursday issued an order directing the National Bureau of Investigation (NBI) to look into the alleged hacking of several teachers’ state-owned Land Bank of the Philippines (LANDBANK) accounts.

Fil-Am alpine skier Asa Miller to compete in Winter Games

PHILIPPINE Sports Commission chairman William Ramirez and Philippine Olympic Committee President Abraham Tolentino on Thursday praised Fil-American alpine skier Asa Miller as the latter embarks on mission to represent the country strongly in the Winter Olympics set on Feb. 4-20 in Beijing, China.

Boeing’s bet on jet-building frenzy rests on fragile suppliers

FOR Boeing Co., the pandemic was just one item on the long list of its existential concerns over the past four years. But after a talent exodus, the twin tragedies of its 737 Max jets falling from the sky, and stiff competition from rivals (on top of COVID’s blow to air travel), the company is gearing up for a production resurgence that will help mount the industry’s steepest ramp-up in modern aviation history.

What to do with an unprincipled employer

By Rey Elbo
In Woody Allen’s movie Annie Hall (1977), the director has his protagonist say: “I was thrown out of New York University for cheating on a metaphysics test. The professor caught me looking deeply into the soul of the student seated next to me.” Even if it’s only a movie, the lesson can’t be ignored in real life.

Senator backs go-slow approach to RCEP, says Philippines not ready

IT IS NOT an urgent matter to quickly approve the Regional Comprehensive Economic Partnership (RCEP) treaty, Senator Ana Theresia N. Hontiveros-Baraquel said, noting that parts of the economy that could potentially lose out need more time to prepare.

Price growth in bulk general goods highest in nearly a decade in Nov.

WHOLESALE PRICE growth in general goods was at the highest level in nearly a decade in November, while Metro Manila price growth in construction materials at the retail level was the highest in nearly three years that month as the case count for coronavirus disease 2019 (COVID-19) dropped in November.

Gov’t advised to prepare pandemic exit plan, including travel opening

THE Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) needs to begin planning for the end of the pandemic, according to a Palace adviser and an OCTA Research /biologist.

Philippines reports 677 more Omicron infections

PHILIPPINE health authorities reported 618 more infections involving the highly mutated Omicron coronavirus variant on Thursday, bringing the total to 1,153.