NCR wage board approves P1,000 raise for domestic workers

THE National Capital Region (NCR) Tripartite Wages and Productivity Board has approved a P1,000 increase in monthly pay for domestic workers in Metro Manila, the Department of Labor and Employment (DoLE) said.

PCCI seeking action in first six months of new gov’t to improve internet connectivity

THE Philippine Chamber of Commerce and Industry (PCCI) and advocacy coalition Better Internet PH (BIP) said the incoming administration can get the ball rolling on attracting investment by passing internet connectivity legislation within its first half-year in office. 

UK inflation soars to 40-year record of 9.1%

LONDON — Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven (G7) countries and underlining the severity of the cost-of-living crunch.

US to propose rule to limit nicotine levels in cigarettes

THE BIDEN administration plans to propose a rule to establish a maximum nicotine level in cigarettes and other finished tobacco products in an attempt to make them less addictive, the White House Budget Office said Tuesday.

G20 chair Indonesia to push for peace with Ukraine, Russia visits

JAKARTA — Indonesian President and G20 chairman Joko Widodo will visit counterparts in Ukraine and Russia next week and press for a peaceful resolution to their conflict, his foreign minister said on Wednesday, the first such trip by an Asian leader.

Crucial three weeks for DoH

By Marvin Tort
The recent rise in the number of COVID cases is a not-so-gentle reminder that the pandemic is far from over. While it may seem that almost everything is back to the way they were pre-pandemic, the fact of the matter is, COVID-19 continues to put people in hospitals and in graves. Along with the case count, the death count is also on the uptick.

The fertility crisis started in Japan, but it won’t stay there

By Gearoid Reidy
THE WORLD has an obsession with Japan’s shrinking population. Each year, news that the country is a little bit smaller can reliably be called upon for column inches, which tend to examine it as a Japanese mystery — one of those inherently Oriental concepts that foreigners could not possibly penetrate, like wabi-sabi or the bushido code of samurai warriors.

Questions on sports ethics

By Philip Ella Juico
Several days ago, the controversial Saudi Public Investment Fund-financed LIV Golf Invitational Series crowned its first winner, 37-year-old South African Charl Schwartzel.

May BoP deficit widens to $1.6 billion

THE PHILIPPINES posted its largest monthly balance of payments (BoP) deficit in 15 months in May, mainly due to the National Government’s foreign debt payments, the central bank said on Tuesday.

BSP unlikely to OK more digital banks in near term

IT MAY TAKE two to three years for the Bangko Sentral ng Pilipinas (BSP) to accept new applications for digital banks as it still needs to boost its capacity to regulate these kinds of lenders, according to its incoming chief.

Philippine tourism industry seen to reach pre-pandemic levels by 2024 

THE DOMESTIC tourism sector is expected to reach pre-pandemic levels by 2024, although near-term challenges such as high inflation may affect demand, according to industry stakeholders. 

Cebu Landmasters plans to offer up to P8-B bonds

PROPERTY developer Cebu Landmasters, Inc. (CLI) announced that it plans to offer and issue peso-denominated fixed-rate bonds worth up to P8 billion.
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