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PH labor productivity rose in ’13

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Labor productivity across 12 major industries in the Philippines hit a four-year high at 6.3 percent in 2013, according to the Philippine Statistics Authority.

Posted: April 20th, 2014 in Headlines | Read More »

Number of retrenched workers rose by 42% in ’13

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The number of retrenched workers in the country ballooned by 42 percent to 45,208 in 2013, from the 31,778 recorded the previous year as more businesses decided to let go of people, citing “economic reasons.”

Posted: April 17th, 2014 in Headlines | Read More »

Coconut-based exports plunged 22% in February

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The monthly volume of coconut-based exports plunged 22 percent year-on-year in February as the domestic industry began to see the effects of Supertyphoon “Yolanda” ravaging millions of trees in the Visayas.

Posted: April 17th, 2014 in Headlines | Read More »

Vietnam firms seen to bag PH rice supply contracts

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Two state-owned export companies of Vietnam Tuesday submitted the lowest bids for contracts to supply the National Food Authority with a total of 800,000 metric tons of milled rice.

Posted: April 16th, 2014 in Editor's Pick,Headlines | Read More »

USDA eyes more mango shipments from PH

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A unit of the United States Department of Agriculture (USDA) wants to allow shipments of fresh Philippine mangoes from areas other than Guimaras. INQUIRER FILE PHOTO

A unit of the United States Department of Agriculture (USDA) wants to allow shipments of fresh Philippine mangoes from areas other than Guimaras.

Posted: April 14th, 2014 in Latest Business Stories | Read More »

PH rice imports to hit 1.2M tons in 2014

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A 71-percent jump in the volume of rice imports to the Philippines, totaling 1.2 million metric tons in 2014, is expected to be a key driver of a recovery as well as a new high for global traffic this year, according to the Food and Agriculture Organization (FAO). Photo taken from agriculture-ph.com

A 71-percent jump in the volume of rice imports to the Philippines, totaling 1.2 million metric tons in 2014, is expected to be a key driver of a recovery as well as a new high for global traffic this year, according to the Food and Agriculture Organization (FAO).

Posted: April 14th, 2014 in Editor's Pick,Headlines | Read More »

Asean Exchanges takes on Deutsche Bank

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The regional network of seven bourses that includes the Philippine Stock Exchange, has taken a further step toward an integrated capital market through a “milestone agreement” with Deutsche Bank.

Posted: April 12th, 2014 in Editor's Pick,Headlines | Read More »

BCDA unveils P1.3B Poro Point plan

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The Bases Conversion Development Authority (BCDA) has unveiled a P1.3-billion comprehensive development plan to make Poro Point in La Union a tourist magnet.

Posted: April 11th, 2014 in Editor's Pick,Headlines | Read More »

International creditors urged to cancel PH debt

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International creditors should cancel the Philippines’ debt and provide unrestricted grant aid instead of new loans, as the country continues to reel from the ill effects of Super Typhoon Yolanda, according to one of the United Nation’s (UN) independent experts on human rights.

Posted: April 9th, 2014 in Headlines | Read More »

Manila Water accelerates expansion program

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Screengrab from http://www.manilawater.com/Pages/Index.aspx

Ayala-controlled Manila Water Company Inc. is revving up the expansion of its roster of subsidiaries both in the Philippines and abroad in an effort to spread risks through a drive to diversify its portfolio.

Posted: April 7th, 2014 in Latest Business Stories | Read More »

Bidders sign up to supply P17B worth of rice to PH

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An initial five prospective bidders have signed up to be among the possible suppliers of a total of 800,000 metric tons of imported milled rice, for which the government has set aside a budget of P17.18 billion.

Posted: April 4th, 2014 in Editor's Pick,Headlines | Read More »

Indophil revives IPO plan

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Australian firm Indophil Resources NL is revisiting an old plan to list on the Philippine Stock Exchange as it faces the possibility of proceeding alone or finding a new partner or partners in the prospective $5.9-billion Tampakan copper gold mine in Mindanao.

Posted: March 31st, 2014 in Headlines | Read More »

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