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THE Department of Labor and Employment (Dole)-Davao Region reported that the underemployment rate in Davao Region decreased to around 14.6 percent or 289,000 as of January 2017 from 20.1 percent or 391,000 in the same period last year, due to the high quality of jobs compared to other regions in Mindanao. According to the employment data from the Philippine Statistics Authority, Davao Region experienced the lowest underemployment rate since 2012. The rates play at an average of 16.7…
03.28 / 13:46
sunstar.com.ph
DESPITE the power excess in Mindanao, power woes are still being experienced in provinces under electric cooperatives that are currently financially challenged, said an official of the Mindanao Development Authority (MinDA). MinDA Deputy executive director Romeo Montenegro, in a recent interview, said Mindanao has experienced a complete reversal in terms of the island’s power supply with around 400 to 600 megawatts power excess compared to 600 megawatts deficiency four years ago during the …
03.28 / 13:46
sunstar.com.ph
ECONOMIC and trade relations between Hungary and the Philippines particularly in the fields of food industry, agriculture, and water management is expected to develop with the visit of Hungarian Minister for Foreign Affairs and Trade in Davao City last Monday, March 27. Peter Szijjarto, Hungarian Minister for Foreign Affairs and Trade, met with President Rodrigo Duterte on Monday and discussed the enhancement of the bilateral cooperation of the two…
03.28 / 13:46
sunstar.com.ph
Strategic Power Development Corp., controlled by conglomerate San Miguel Corp., plans to build two hydro-electric power projects in Apayao province in the Cordilleria Administrative Region with a combined output of 310 megawatts. Strategic Power sought the approval of the Energy Department to put up the 300-MW Putol 1 and the 10-MW Putol 2 hydro projects. Strategic Power earlier considered the development of the San Roque Upper East Pumped Storage hydropower project with a capacity…
03.28 / 13:41
manilastandardtoday.com
Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said Tuesday the Philippines is on track to extend the 72 consecutive quarters of economic growth as macroeconomic fundamentals remain strong. “Barring external shocks, we are on track to extend that streak [of 72 consecutive quarters of economic growth],” Tetangco said in a speech during the Management Association of the Philippines general membership meeting in Makati City. Tetangco, however, said external…
03.28 / 13:41
manilastandardtoday.com
PLDT Inc. expects core earnings to rebound this year, as it transforms into a digital telecom, internet and media company, a top executive said Tuesday. “We believe that PLDT’s turnaround is gathering momentum and heading towards core earnings growth starting 2017,” PLDT chairman and president Manuel Pangilinan said. “2017 will see stabilization at PLDT as it enters a new phase in its transformation into a digital telecommunications and internet/media…
03.28 / 13:41
manilastandardtoday.com
The government successfully raised P70 billion from the issuance of retail treasury bonds Tuesday. National Treasurer Rosalia de Leon said the strong demand for the three-year securities set the coupon rate at 4.25 percent, with total tenders reaching P86.2 billion for a bid-to-cover ratio of 2.87 percent. This encouraged the auction committee of the Bureau of Treasury to expand the offering from the initial announcement of P30 billion to P70 billion to accommodate the strong market…
03.28 / 13:41
manilastandardtoday.com
Alorica, a leading provider of customer experience solutions to the US market, said it plans to hire 10,000 Filipinos to serve its fast growing client base and internal global support requirements.    The announcement came during the inauguration of Alorica’s newest site in Makati City called The Alorica Center, and less than a year after the acquisition of a competitor. The state-of-the-art commercial office space features inspiring work spaces for the…
03.28 / 13:41
manilastandardtoday.com
BEIJING: Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, forecast a 24-35 percent year-on-year fall in net profit for the first quarter, as the government reins in subsidy support for green energy…
03.28 / 13:40
thestar.com.my
HONG KONG: Tesla Inc said Chinese tech giant Tencent Holdings Ltd has bought a 5 percent stake in the U.S. company for $1.78 billion, as Chinese firms aggressively invest in electric vehicles amid tighter emission rules in the…
03.28 / 13:40
thestar.com.my
LONDON: Banks are treading carefully, enacting two-stage contingency plans, to avoid losing nervous London-based staff as they work out how many jobs will have to move to continental Europe as Britain exits the European…
03.28 / 13:40
thestar.com.my
Video ads will only be seen when viewed within Twitter’s platform The post Twitter to let advertisers buy video ads on Periscope appeared first on The Express T…
03.28 / 13:39
blogs.tribune.com.pk
Benchmark KSE-100 index drops 156.75 points to close at 48,523 The post Market watch: Index continues to fall as Panama case uncertainty looms appeared first on The Express…
03.28 / 13:39
blogs.tribune.com.pk
Gen Bajwa inaugurates Combined Military Hospital Institute of Medical Sciences in Bahawalpur during his visit The post Operation Radd-ul-Fassad to bring lasting peace, stability to Pakistan: COAS appeared first on The Express…
03.28 / 13:39
blogs.tribune.com.pk
Case pertains to the alleged default of Rs 357 crore loan from Canara Bank by the firm and…
03.28 / 13:33
business-standard.com
Tesco said it would take a one-off charge of 235 mn pounds in its 2016-17 results, due on April…
03.28 / 13:33
business-standard.com
PARIS: President of France Francois Hollande inaugurated the pharmaceutical facility of the leading Pakistani pharmaceutical company Martin Dow in the town of Meymac, Corrèze, located in the South West of France, today. The inauguration ceremony was also attended by the … read …
03.28 / 13:28
thepioneer.com.pk
Zomato, a restaurant listing website and app, is profitable in the United Arab Emirates(UAE) and India. The company has now launched Zomato Gold, a membership program for a premium nightlife experience, in the cities of Dubai and Abu Dhabi of UAE. Zomato Gold has been launched in Lisbon already with a membership program to get […] The post Zomato Launches Nightlife Experience Membership Service ‘Zomato Gold’ in UAE; Coming to India in June 2017 first appeared on Trak.in . Trak.in Mob…
03.28 / 13:26
trak.in
Nadir Godrej, Managing Director, Godrej Industries Limited received the prestigious Chemtech Leadership & Excellence Award 2017 – Hall of Fame by Maulik Jasubhai, Chairman and CEO, Jasubhai Group and Chemtech foundation at a recent event held in Mumbai. The coveted award recognizes the individuals who brave odds and dare to tread new paths. The award […] The post Nadir Godrej honoured with Chemtech Leadership & Excellence Award 2017 – Hall of Fame appeared first on Awa…
03.28 / 13:25
awazedost.com
Reserve Bank of India Governor ,Urjit Patel on Friday said that India’s economy will take a sharp upswing as a result of scrapping old Rs. 500 and 1,000 notes. “Almost everyone agrees that the impact is going to be a sharp ‘V’, that we would have a downgrade of growth for a short period of […] The post Demonetisation to take India’s economy to sharp V growth : RBI Governor appeared first on…
03.28 / 13:25
awazedost.com