How minimum wages compared across regions in October

Source BusinessWorld

Inflation data due to be released in two weeks, as well as the outcome of the US Federal Reserve's (Fed) final meeting for the year will determine the Monetary Board's next moves, Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said on Tuesday...

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Almost six million “poorest of the poor” Filipino families are now set to be given aid in their monthly electricity bill for 30 more years following the approval of the Implementing Rules and Regulations (IRR) of the law on Extending and Enhancing the Implementation of the Lifeline Rate...

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Philippine banks may see slower credit growth next year due to the impact of higher interest rates, S&P Global Ratings said...

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Federations of government unions have joined calls for wage hike and security of job tenure, urging the government to raise the national minimum salary to be able to earn a living wage...

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Seven Philippine-listed companies are among the world’s best employers...

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US Vice President Kamala Harris on Tuesday afternoon visited this province closest to the West Philippine Sea, in a show of support for the Philippines’ assertion of sovereignty over its exclusive economic zone, amid Beijing’s occupation of several areas within the country’s waters...

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President Ferdinand “Bongbong” R. Marcos, Jr, said he will review his Memorandum Circular (MC) No. 3, which will end the term of some government officials and employees before the end of the year...

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People remember the importance of the Sierra Madre only during typhoons because the mountain range — stretching from Cagayan Valley up to Quezon province —blunts their impact...

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The Land Transportation Office (LTO) has taken a major step toward making sure that anyone who wants help from the LTO can get it without going via a third party by issuing a memo prohibiting fixers within the agency’s facilities across the country...

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Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) Director Glenn Gregorio said that genetically engineered crops have been benefiting southeast Asian countries, including the Philippines...

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Accessible and user-friendly bookkeeping app Lista has been very well known by the public in helping micro, small and medium enterprises (MSMEs) track their debts, record transactions, and issue invoices...

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Former senator Francisco "Kit" Tatad said negotiation for five more Enhanced Defense Cooperation Agreement (EDCA) sites in the Philippines was the "highlight" of the visit of United States Vice President Kamala Harris to the country...

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The Chinese Embassy in Manila has described as "inconsistent with facts" the reported tension between the Philippine Navy and the China Coast Guard (CCG) over the retrieval of a rocket debris...

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Japanese companies have committed to invest in the Philippines, the Philippine Economic Zone Authority (PEZA) claimed on Tuesday following a November 14 to 18 investment mission that sought present the Philippines as the best investment destination in Southeast Asia...

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President Ferdinand Marcos Jr. explored possible cooperation with the United States on climate loss and damage during his meeting with Vice President Kamala Harris on Monday...

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The average life expectancy of Filipinos is 71, which is two years the global average of 73, according to a study by the World Bank for 2020...

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The Group of Seven nations should soon announce the price cap on Russian oil exports and the coalition will probably adjust the level a few times a year rather than monthly, a senior U.S. Treasury official said on Tuesday...

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Climate change will end up killing people by fuelling infectious diseases, the head of the Global Fund to Fight AIDS, Tuberculosis and Malaria said Tuesday...

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United Nations chief Antonio Guterres warned on Tuesday against "dangerous rhetoric" stoking tensions among nuclear-armed rivals...

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Bacterial infections are the second leading cause of death worldwide, accounting for one in eight of all deaths in 2019, the first global estimate of their lethality revealed on Tuesday...

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South African President Cyril Ramaphosa on Tuesday urged rich nations to help save vulnerable ones from climate change, as he made the first state visit of King Charles III’s reign...

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Digital currencies need more regulation to stamp out funding for terror operations, India's Prime Minister Narendra Modi said Friday at a major international forum to combat financing of extremist groups...

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Global stocks mostly rose Tuesday, shrugging off worries about inflation and the potential reinstatement of severe China Covid-19 restrictions ahead of the kickoff of the holiday shopping season...

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The Department of Health (DOH) bared a plan to procure only a limited number of doses of the bivalent COVID-19 vaccine...

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The Department of Health (DOH) will still not expand the second booster doses to the rest of the population despite the country’s soaring COVID-19 vaccine wastage rate, which officer in charge Maria Rosario Vergeire on Tuesday pegged at 12 percent...

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The Philippine National Police denied allegations from international rights group of an “undercounting” of drug war deaths under the Marcos administration, saying it was ready to present its data...

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The Commission on Human Rights (CHR) called on the national government to “keep an open mind” and reconsider its rejection of a UN Human Rights Council (UNHRC) recommendation to pass a gender equality bill and other similar measures protecting the LGBTQ community...

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Education Undersecretary Kris Ablan warned potential suppliers of the Department of Education’s (DepEd) Computerization Program (DCP) to ensure that the laptops teachers and learners would use are in running condition for at least three years...

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The Management Association of the Philippines (MAP) has listed recommendations to strengthen government and private sector collaboration, including defining the objectives of different public and private partnership (PPP) projects...

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The country’s mining companies have urged the government to address the inconsistencies in the rules governing the industry, as its growth has been stymied by policies that constantly change halfway through...

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Concerned over the mounting fatalities in small-scale mining, President Ferdinand “Bongbong” R. Marcos Jr. is now pushing for measures to regulate the said activity...

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As the country scrounges for suitable and affordable energy sources in pivoting away from pollutive ones like coal, the Department of Energy (DOE) will engage the services of an independent firm to help the agency assess once and for all the viability of the mothballed Bataan Nuclear Power Plant (BNPP)...

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The government has formed a study group to review the country’s 1951 Mutual Defense Treaty (MDT) with the United States, National Security Adviser Secretary Clarita Carlos said Tuesday...

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Proposals to establish an agency to safeguard the Sierra Madre mountain range have been criticized for focusing more on developing rather than protecting the area from degradation...

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The private sector had no control over coronavirus jabs donated to the government, Go Negosyo founder Jose Maria "Joey" Concepcion 3rd asserted on Tuesday...

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Credit growth in the Philippines may slow down to a range of five to seven percent next year from the projected seven to nine percent growth rate this year amid the aggressive rate hikes delivered by the Bangko Sentral ng Pilipinas (BSP)...

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The Bangko Sentral ng Pilipinas (BSP) has ruled out additional huge interest rate hikes after raising key policy rates by a total of 300 basis points...

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Philippine share prices managed to rise yesterday despite renewed concerns about harsh coronavirus curbs in China, analysts said...

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The government managed to raise P93 billion in long-term securities, representing close to 70 percent of its intended borrowing program for the month...

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Hypermarkets and supermarkets appear to be losing out as Filipinos looking to buy basic goods such as packaged food, toiletries and other consumables are opting to go to smaller and nearer stores in a bid to cut down on costs, the local unit of data analytics firm Kantar said...

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Majority of food products considered as Christmas staples by Filipinos will see an increase in prices ahead of the holiday season, with some pasta and spaghetti sauce items set to go up by more than 10%, the Trade department said...

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Major liquor companies are banking on strong Christmas holiday spending to lift sales even as mounting inflation puts pressure on margins...

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