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News from Philippines Economy
Stay current with all the latest and breaking news about Philippines Economy, compare headlines and perspectives between news sources on stories happening today. In total, 311 stories have been published about Philippines Economy which Ground News has aggregated in the past 3 months.
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Wages · ManilaMANILA, Philippines — The Court of Appeals (CA) affirmed the ruling of the National Labor Relations Commission (NLRC) ordering the Belo Medical Group (BMG) to pay a former employee P3 million in back wages over her constructive dismissal. In a 35-page decision, the CA’s Special Fourth Division agreed with the findings of the NLRC that […]...Keep on reading: Belo beauty clinic chain told to pay sacked worker P3 millionSee the Story
Belo beauty clinic chain told to pay sacked worker P3 million
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Ferdinand Marcos Jr. · ManilaOF SUBSTANCE AND SPIRITTo be sure, and we heard them from NewsWatch Plus, there were many “sanas” during the 3rd SONA (State of the Nation Address) of President Ferdinand Marcos Jr. Sana bumaba ang presyo ng bilihin. Sana dumami ang trabaho. Sana ipagtanggol ang West Philippine Sea. Sana ipatigil na ang POGO (Philippine Offshore Gaming Operators). The civil society demands a good scorecard from this government.With a fine-tooth comb, NEDA as the…See the Story
‘Sana’ in SONA: Controlled inflation
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Economy · BacolodILOILO CITY — The Philippine Statistics Authority (PSA) is projecting that the economy of Western Visayas is poised to lose P379 billion once Negros Occidental and its capital city of Bacolod separates from the region.A TRUCK carrying sugarcane in Silay City, Negros Occidental province. (Tara Yap)“Negros Occidental and Bacolod City comprise about 40 percent of our economy,” said Marlene Y. Alviar, chief statistical specialist of PSA-6.In 2022-2…See the Story
PSA: Western Visayas to lose P379 B when Negros Occidental, Bacolod leaves region
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Stock Markets · ManilaMANILA, Philippines – The Sandiganbayan ruled that the Presidential Commission on Good Government (PCGG) will keep custody of shares of stocks and funds of sequestered companies owned by the family of the late Benjamin “Kokoy” Romualdez, brother of former first lady Imelda Marcos and father of current House Speaker Martin Romualdez. A 2014 Supreme Court ruling ordered the release of the assets of Palm Avenue Holding Companies Incorporated (Palm …See the Story
Sandiganbayan: Shares of firms owned by Imelda Marcos' brother remain with PCGG
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Economy · PhilippinesUtilizing about P200 billion in excess funds of state-run corporations can help the economy attain a gross domestic product growth rate of as much as 6.5 percent this year, Finance Secretary Ralph Recto said yesterday.See the Story
Recto defends PhilHealth, PDIC fund impounding
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Stock Markets · ManilaThe local stock market rose after President Ferdinand R. Marcos Jr.’s State of the Nation Address despite the drop in property stocks due to the announced POGO ban.The main index rose by 41.07 percent or 0.61 percent to close at 6,753.12 as Conglomerates led the advance while the Property and Banking sectors declined. Volume was lower at 401 million shares worth P5.47 billion as losers beat gainers 93 to 63 with 74 unchanged.“Philippine shares f…See the Story
Stocks rise after PBBM's SONA
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Money · PhilippinesYou may have heard the age-old adage that “money can’t buy happiness.” It usually follows a lesson about valuing things that you can’t purchase, such as love from your friends and family. In 2010, Daniel Kahneman, the author of “Thinking, Fast and Slow,” stunned the world by changing that quote with his study. READ: AI ‘godfather’ Geoffrey Hinton recommends UBI as AI takes jobs He said happiness only increases with income up to $75,000 of annual…See the Story
Money does buy happiness, even beyond $75,000
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