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  • '4th Industrial Revolution' to radically change society, expert says

    August 22, 2018 3:54 PM 9

    A fourth industrial revolution is happening all over the world, which is expected to radically change how the governments, businesses and citizens carry out their daily activities. Dr. Ramon Albert of the Philippine Institute for Development Studies said the first three industrial revolutions utilized steam power, electricity and then computers in that order

  • CA asked to reconsider ruling favoring PLDT on contractual workers

    August 22, 2018 1:07 PM 17

    MANILA - The Office of the Solicitor General (OSG) on Wednesday asked the Court of Appeals (CA) to reconsider its decision which stopped the Department of Labor and Employment's (DOLE) order for PLDT to regularize over 7,000 workers from third-party contractors. The OSG said "the CA should have considered the totality of facts and circumstances behind

  • Gov't budget deficit up 71 pct in July amid higher spending

    August 22, 2018 11:36 AM 12

    MANILA - The Philippines' budget deficit grew to P86.4 billion in July this year, up 71 percent compared to the same month in 2017 amid higher government spending, the Bureau of Treasury said Wednesday. Treasury said expenditures grew 34 percent in July, while revenues rose 24 percent. This brought the total deficit for the January to July period to P279.4 billion

  • Makati subway: City gov't eyes December groundbreaking

    August 22, 2018 7:12 AM 11

    MANILA - The groundbreaking for the proposed Makati subway may happen by the end of the year, the city's Mayor said on Wednesday. The $3.7-billion project, which can serve more than 700,000 passengers daily was proposed by Filipino firm IRC Allied with several Chinese partners. The mass transport system, which was proposed by listed firm IRC Properties

  • Xiamen Airlines incident an 'eye-opener,' says tourism chief

    August 22, 2018 1:04 AM 13

    The weekend closure of the Philippine capital's main airport due to a stalled Xiamen Airlines jet was an "eye-opener" for authorities to improve protocols, Tourism Secretary Bernadette Romulo-Puyat said Wednesday. Romulo-Puyat said the country was "on track" to meet its tourist arrival targets due to the recent upgrade of air terminals, including the New Mactan

  • June borrowing up 224.87%

    August 21, 2018 10:29 AM 10

    Borrowings by the Philippine government surged to PHP153.291 billion in June 2018 due to the issuance of retail treasury bonds (RTB). Bureau of the Treasury (BTr) data showed that last June’s borrowing is 224.87 percent higher than the PHP47.185 billion in June 2017, and is more than thrice the previous month’s PHP50.509 billion financing. Of the total

  • Here's how much workers should earn on Aug. 21

    August 21, 2018 8:13 AM 11

    MANILA – Workers who reported to work on Aug. 21, a regular holiday and a special non-working day should be paid accordingly, the Department of Labor and Employment said. Under the Labor Advisory No. 12, pursuant to President Rodrigo Duterte’s Proclamation No. 269 and 556, employees who worked during a regular holiday that also fell on a special holiday

  • MRT-7 construction delays due to right of way issues: DOTr

    August 21, 2018 3:42 AM 9

    MANILA – Completion of the MRT-7 project was moved to August 2020 from August 2019 after hitting another roadblock in the acquisition of the 33-hectare depot in San Jose Del Monte in Bulacan, a transport official said Tuesday. The 33.2 hectare property will be used for the San Jose Station and an inter-model transport terminal, Asec. Giovanni Lopez for Procurement

  • Filipino 'prosumers' want brands to tackle social issues – study

    August 18, 2018 7:30 AM 16

    A new type of Filipino consumer that is socially aware is on the rise, and businesses have to keep up with them to stay relevant MANILA, Philippines– Calls to boycott brands engaging in unfair labor practices and the growing popularity of environment-friendly items are just some of the latest trends in business, according to a study, and brands have to adapt

  • Huawei Nova 3 review: Quiet power in a loud shell

    August 17, 2018 10:30 PM 20

    MANILA -- There are midrange phones and there are those like Huawei’s Nova 3, a beefier version of the Nova 3i that trumps its more affordable sibling in terms of performance and price. The Nova 3 is in the same class as the OnePlus 6 and the Xiaomi Mi8, offering the fastest processors available and cameras to challenge the iPhone X or the Samsung Galaxy