Home Tags Gillian M. Cortez
Tag: Gillian M. Cortez
FITCH SOLUTIONS on Tuesday added its voice to expectations that debt woes of Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC-Phil) will not likely shake the Philippines’ financial sector, as four of the affected local banks disclosed some details of their exposure to the troubled Korean shipbuilder.
LABOR SECRETARY Silvestre H. Bello III said plans to petition for a national wage hike will run counter to the law, which allows only one wage adjustment a year.
FILIPINO WORKERS may find it difficult to cope with overall price increases this year, global advisory, broking and solutions firm Willis Towers Watson said in a press release on Monday, noting that it expects salaries to be flat from 2018 at a time that inflation has been forecast by the central bank to clock in at 3.2%.
PRESIDENT Rodrigo R. Duterte has called on the Philippine National Police (PNP) and the Armed Forces of the Philippines (AFP) to secure the upcoming plebiscite to ratify the Bangsamoro Organic Law (BOL) and the National and Local Elections (NLE).
FOR NEARLY three decades, wages in the Philippines were set by region, a practice which has been questioned after inflation averaged 5.2% in 2018, thereby eroding the spending power of workers faster than the system could keep up.
A MEASURE institutionalizing telecommuting as an alternative work scheme has been signed into law by President Rodrigo R. Duterte, as confirmed on Thursday by Malacañang and also by Senator Emmanuel Joel J. Villanueva, one of the measure’s principal authors.
Malacañang said it will study proposals on changing the current wage fixing system, days after a labor group called on the the current administration to abolish the regional wage boards.
HUNDREDS OF thousands of Filipinos joined an annual procession in the Philippine capital to kiss or touch a centuries-old black wooden statue of Jesus Christ, believed to have miraculous healing powers, in a grand display of Catholic devotion.
THE Department of Labor and employment (DoLE) has lifted the suspension on the issuance of work permits for foreigners in Boracay, following the reopening of the island on Oct. 26 after a six-month rehabilitation.
THE Technical Education and Skills Development Authority (TESDA) will conduct a study seeking to rationalize the pay scale for construction workers to attract more people to the trade and increase the number of applications for its training programs.
THE labor department said equipping workers with data sciences and analytics (DSA) skills will be a good way of preparing enterprises for eventual automation, according to the findings of the JobsFit 2022 report prepared by one of its agencies.
REVIEWING the Mutual Defense Treaty (MDT) between the Philippines and the United States is not influenced by the interest of other countries, Defense Secretary Delfin N. Lorenzana said on Friday.
THE Commission on Elections (Comelec) signed a Memorandum of Agreement (MoA) with the Armed Forces of the Philippines (AFP) and the Philippine National Police (AFP) to ensure that the upcoming plebiscite for the Bangsamoro Organic Law (BOL) Ratification will be peaceful.
THE labor department said the Information Technology and Business Process Management (IT-BPM) will remain the Philippines’ top job generator until 2022.
THE Technical Education and Skills Authority (TESDA) is preparing for greater automation in the workplace by conducting an inventory of employers next year to survey how extensively they have adopted new processes.
PRESIDENT Rodrigo R. Duterte has raised the reward money to P50 million for information on the killers of AKO Bicol Rep. Rodel M. Batocabe. “The reward is at this time P30 million.
THE Philippine Overseas Employment Administration (POEA) said it will exempt certain classes of Overseas Filipino Worker (OFW) from the deployment ban to Iraq.
EMPLOYERS said a national minimum wage would reduce investment in less urbanized regions and accelerate the trend of workers migrating to cities.
THE Bureau of Local Employment (BLE) said it will assist beneficiaries of a Department of Social Welfare and Development (DSWD) program to find work, in accordance with a partnership signed between the DSWD and the BLE’s parent agency, the Department of Labor and Employment (DoLE).
LABOR Secretary Silvestre H. Bello said the department will continue to inspect labor conditions at firecracker manufacturers and pyrotechnic businesses despite his decision to suspend such inspections for the holidays.
THE LABOR DEPARTMENT said over 400,000 contractual workers were converted to regular employment status this year, including more than half voluntarily regularized by their employers.
THE PHILIPPINES edged up in the world’s top 10 and took the helm in East Asia and the Pacific in an annual report that tracks how countries have been closing the gap between women and men in more than 70 indicators in the fields of health, education, economy and politics.
THE COMMISSION on Elections (Comelec) has given assurance that the printing of official ballots will be completed in time for the May midterm poll despite a delay in releasing the final list of candidates due to pending cases.
ONE software program to be used by the Commission on Elections (Comelec) for next year’s midterm elections has already been completed, in time before the release of the list of candidates this month.
BUREAU of Corrections (BuCor) Director General Nicanor E. Faeldon promised to step down from his post, if it is proven that his son is involved in illegal drug activities.
THE Department of Tourism (DoT) backed away from its full-year target of 7.4 million visitor arrivals, saying that the six-month closure of Boracay means the department’s new stretch goal is in the low 7 million range.
FORMER Foreign Affairs secretary Alan Peter S. Cayetano and his wife, exiting Taguig Mayor Maria Laarni “Lani” L. Cayetano, who are both running for congressional seats in two different districts in Taguig, have asserted that the Comission on Elections (Comelec) has no authority to evaluate their eligibility to run amid the disqualification cases filed against them.
A LABOR coalition has called on Labor Secretary Silvestre H. Bello III to have a dialogue with them regarding the killings of trade union leaders.
EMPLOYER-PROVIDED health care benefits in the Philippines are expected to grow at an higher rate relative to the Asia-Pacific average next year, Willis Towers Watson said.
MAKATI Business Club (MBC) Chairman Edgar O. Chua called for the rights of management to be respected as the government urges legislators to pass the Security of Tenure (SoT) Bill.
THE British Council said nurses from the Philippines seeking work in the UK will be allowed in with lower scores in a language proficiency test necessary for them to get into the region.