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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 »

House bill pushes for lower income tax rates

Deputy Majority Leader and Valenzuela City Rep. Magtanggol Gunigundo FILE PHOTO/congress.gov.ph

The country’s individual wage earners may celebrate their Fridays with more money if a bill that seeks to lower the income tax rate becomes a law.

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

Toyota suspends Indian auto production amid labor unrest

AP FILE PHOTO

Toyota said Monday it has suspended production at its two Indian auto assembly plants in response to threats against management and “deliberate” assembly-line stoppages, following failed efforts to reach a labor deal.

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

KMU slams wealthiest Filipinos as top exploiters

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INFOFORBESPH2014

The country’s richest men who made it to Forbes magazines’s 2014 list of the wealthiest people on the planet are also the top exploiters of Filipino workers, the militant labor group Kilusang Mayo Uno said Wednesday.

Posted: March 5th, 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 »

More farm workers lost jobs in 2013

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Bad weather in 2013 snuffed out some 334,000 farm jobs, causing a record 2.8-percent contraction in agricultural employment, according to the Bureau of Labor and Employment Statistics.

Posted: February 2nd, 2014 in Headlines | Read More »

Gov’t sees better prospects for job seekers

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Growth of the Philippines’ unemployment rate may be greatly reduced this year as the economy’s robust pace of expansion is expected to generate sufficient employment.

Posted: February 2nd, 2014 in Headlines | 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 »

Employment among leading firms grew in Q3, says BLES

Employment among the top enterprises in Metro Manila during the third quarter of 2013 kept its growth pace from the same period the previous year as the Philippine economy continued to perform strongly.

Posted: January 19th, 2014 in Headlines | Read More »

Labor group claims victory in PAL row

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FILE PHOTO

The landmark settlement of the labor dispute between Philippine Airlines and its union in November bodes well for the campaign against contractualization and outsourcing, a labor group said on Thursday.

Posted: January 3rd, 2014 in Latest Business Stories | Read More »

‘Yolanda’ seen to cause spike in unemployment rate

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The country’s unemployment rate is expected to rise in January as a consequence of the latest calamity, the National Economic and Development Authority said.

Posted: December 22nd, 2013 in Headlines | Read More »

DOLE reminds employers to pay workers their 13th month pay

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Labor Secretary Rosalinda Baldoz: Pay before Dec. 24. INQUIRER FILE PHOTO

Labor Secretary Rosalinda Baldoz on Tuesday reminded employers about the timely release of the 13th-month pay of their workers.

Posted: December 11th, 2013 in Latest Business Stories | Read More »

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