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Fired Yahoo exec gets $58M for 15 months of work

AFP FILE PHOTO

Yahoo’s recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.

Posted: April 17th, 2014 in Latest Business Stories | 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 »

PNA: Hope is not lost for Filipino nurses

By
ROGER P. Tong-an

The demand for Filipino nurses both here and abroad may have declined in recent years, but the Philippine Nurses Association (PNA) believes the future is still bright for budding and graduating nurses.

Posted: April 13th, 2014 in Editor's Pick,Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

Japan auto firms rue industry roadmap delay

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Toyota Innova assembly at Santa Rosa factory.  PHOTO BY TESSA SALAZAR

Japanese automotive firms may consider relocating their Philippine operations to neighboring countries if the government is unable to issue the much-awaited roadmap that will outline the strategic direction, policies and new incentives needed to make the automotive industry more competitive.

Posted: April 7th, 2014 in Headlines,Photos & Videos | Read More »

Employment blues

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By this time, or at the latest, next week, most of the 850 or so colleges and universities in the country would have completed their graduation ceremonies. For the parents, the occasion is a culmination of years of struggle to provide for the financial and psychological needs of their children as they prepare for their future. The joy of seeing their children complete their education is indescribable.

Posted: April 4th, 2014 in Columnists,Inquirer Columns | Read More »

‘Make it your business to top your best work’

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GINA Lorenzana: The Lifer. CONTRIBUTED PHOTO

Lifer (noun): A person who spends an entire career in the same job. That’s what they call people like Gina Lorenzana. She devoted her life to Unilever Philippines, starting out as a trainee to become the first female head of the leading personal care company in the country.

Posted: March 30th, 2014 in Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

Malaysian firm to turn land around Maguindanao massacre site into plantation

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Maguindanao Gov. Esmael Mangudadatu (second from right). AP FILE PHOTO

Idle land around the site of the 2009 Maguindanao massacre in which 58 people were killed is up for conversion into a banana plantation and agricultural complex with amenities such as a hospital and a prayer house, Maguindanao Governor Esmael Mangudadatu announced on Saturday.

Posted: March 22nd, 2014 in Latest Business Stories | Read More »

Asian shares mostly higher, dollar rebounds

A man offers prayer standing in front of a photograph of a Hindu goddess at the Bombay Stock Exchange (BSE) office as India's Finance Minister P. Chidambaram is seen on a television screen presenting interim budget for the fiscal year 2014-15, in Mumbai, India, on Feb. 17, 2014. Asia's markets mostly rose on Wednesday, Feb. 26, as investors brushed off a weak batch of data from the United States, while the dollar edged up against the yen.  AP PHOTO/RAFIQ MAQBOOL

Asia’s markets mostly rose on Wednesday as investors brushed off a weak batch of data from the United States, while the dollar edged up against the yen.

Posted: February 27th, 2014 in Latest Business Stories | Read More »

Regional firms indicate hiring, compensation plans for 2014

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Most companies in the Asian region plan to offer one to three months’ worth of salary as bonuses, and increase their senior executives’ base salary by 5 to 10 percent.

Posted: February 24th, 2014 in Headlines | Read More »

Neda updates strategies to generate jobs

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Economic Planning Secretary Arsenio Balisacan: There is need to improve the skill sets of the poorest families. INQUIRER FILE PHOTO

Admitting that economic growth alone was not “sufficient” to reduce poverty, Socioeconomic Planning Secretary Arsenio Balisacan laid down, on Monday, the government’s “updated” strategies to ultimately achieve inclusive growth.

Posted: February 17th, 2014 in Latest Business Stories | Read More »

Walmart lays off 2,300 in cost-cutting move—report

People protest outside a Walmart in the Crenshaw district of Los Angeles on Black Friday, November 29, 2013. The protestors were demanding better wages and better working conditions for Walmart employees. AFP

Walmart will lay off about 2,300 workers at its Sam’s Club warehouse unit, The Wall Street Journal said Friday, the latest in a string of job losses at US retailers.

Posted: January 25th, 2014 in Latest Business Stories | Read More »

DOLE’s comic employment plan

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Is she serious? This question crossed my mind after reading last week Labor Secretary Rosalinda Baldoz’s announcement that the government will allow the entry of foreign workers in at least 15 jobs in the country that have a shortage of skilled workers.

Posted: January 24th, 2014 in Columnists,Inquirer Columns | Read More »

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