Business
Calculating Compensation: Holy Week Earnings for Holy Thursday and Good Friday Work
CEBU CITY, Philippines — The RTWPB-7 in Central Visayas has issued a reminder to employers to adhere to the prevailing labor regulations concerning…
Philippines Business Updates
Business
McDonald’s Sri Lanka Outlets Closed Over Hygiene Concerns
As a result of a legal dispute over cleanliness standards between the US-based fast-food company and its local franchise holder, McDonald’s locations in…
Business
March Inflation Rate to Slow Down, Per NEDA Prediction
According to the National Economic and Development Authority (NEDA), March’s inflation rate is predicted to be lower than it was last month. In…
Business
Meralco’s February Rate Increase Due to Rising Fuel Costs
MANILA, Philippines — Electricity consumers will face another round of rate hikes this month as Manila Electric Co. (Meralco) recently revealed an increase of…
Business
Proposal to Build 200 Seaports to Connect Remote Islands in the Philippines
By 2028, there are plans to build 200 more seaports in the Philippines, valued at an estimated P12.5 billion. By improving communication, this…
Business
Encouraging Palay Harvest Expected in First Quarter Despite El Niño Concerns
Despite concerns about potential El Niño impacts, the Philippines is expected to achieve a robust palay output in the first quarter, exceeding 4.8…
Business
Surge in Unemployment Hits 2.15 Million Jobless Filipinos in January 2024
The Philippine Statistics Authority (PSA) said on Friday that there was an increase in the number of unemployed Filipinos in the first month…
Business
In February, Inflation Surges by 3.4%, Breaking a Four-Month Downtrend
Following a four-month period of stagnation, there was a noticeable increase in inflation, with 3.4 percent recorded in February. The cost increases of…
Business
Diverse Changes in Fuel Prices Forecast for March 5
This week, drivers should prepare for a variety of price changes at the gas stations. CleanFuel, SeaOil, and Shell have all released statements…
Business
Climate activists rally against Samsung, Tokio Marine Insurance for supporting fossil fuels
MANILA-Climate campaigners staged a rally in Makati City’s business district today (March 1) to call on big insurance companies to stop insuring and…