Resist tying minimum wage with inflation rate

LAWMAKERS should resist increasing the minimum wage to counter the high inflation rate. A legislated minimum wage can be harmful because political factors are likely to sway more votes rather than sound economic principles. Recently, the Senate Committee on Labor, Employment and Human Resources approved in principle a bill for …

Read More »

Fighting drug addiction in the workplace

For years now, experts have studied drug addiction or substance abuse, especially its causes, but they could not ascertain the exact cause that has afflicted a large section of the population, especially children and young adults. There are two dominant theories on the matter, though.  That drug addiction is either …

Read More »

Better institutions are key to development aid

ADB Complex ON Wednesday, May 10, Dr. William Easterly, a renowned development economist and a professor at the prestigious New York University, was a guest at the headquarters of the Asian Development Bank (ADB) in Ortigas, where he delivered an enlightening lecture on the topic, “Facing the challenge of donors’ …

Read More »

PH to hold talks with Kuwait amid work visa suspension

The Philippines will soon send a delegation to Kuwait to tackle labor and migrant workers issues, including the recent suspension of new work visas for Filipinos by the Kuwaiti government, the Department of Foreign Affairs (DFA) said Saturday, May 13. (Photo from the Presidential Communications Office) Foreign Affairs Assistant Secretary …

Read More »

PH targets to improve participation in electronics value chain

Department of Trade and Industry Assistant Secretary for Industrial Development and Trade Policy Allan Gepty (PNA photo by Robert Oswald Alfiler) MANILA – The Philippines targets to enhance its participation in the electronics and electric global value chain, specifically on wafer technology and research and development, the Department of Trade and Industry (DTI) …

Read More »

BI chief vows to promptly respond to complaints

Immigration Commissioner Norman Tansingco (Photo courtesy of Bureau of Immigration) MANILA – Bureau of Immigration (BI) chief Norman Tansingco has assured the public that the agency would answer all queries and complaints quickly as he ordered the implementation of the revised manual feedback forms for all its offices nationwide. In a …

Read More »

Admin managing economy well, Speaker tells IMF

ECONOMIC BRIEFING. Speaker Martin Romualdez (second from left) briefs Mission Members from the International Monetary Fund on the ecomomic reforms being implemented by the government. Flanking him are Rep. Stella Quimbo and House Secretary General Reginald Velasco, while the IMF was represented by Mission Chief Jay Peiris; Resident Representative Ragnar …

Read More »