MANILA, Philippines — More Filipino employees feel burnout at work compared to regional counterparts, despite rating their mental health as good or excellent, according to a study of consumer and research analytics firm Milieu Insight and mental health technology firm Intellect. The study showed 52 percent of employees in the Philippines have reported feeling burnt […]
Read MoreMANILA, Philippines — Money sent home by Filipinos overseas grew at a slower pace in July, as better exchange rates as a result of a weak peso allows expats to reduce the dollars they send to their families. Cash remittances coursed through banks went up 2.3% year-on-year in July to $2.92 billion, the Bangko Sentral […]
Read MoreMANILA, Philippines — The tightening cycle being undertaken by central banks in Asia-Pacific including the Bangko Sentral ng Pilipinas (BSP) has succeeded in slowing the rise in prices, according to Moody’s Analytics. In a report, Harry Murphy Cruise, economist at Moody’s Analytics, said that central banks in Asia-Pacific face a difficult balancing act amid the […]
Read MoreMANILA, Philippines — Local car manufacturers saw sales rebound in August amid a vaunted economic reopening that lifted demand, helping the industry remain on track to meet its target for this year. A total of 30,185 units were sold in August, as sales fattened 90.5% year-on-year according to a joint report by the Chamber of […]
Read MoreMANILA, Philippines — Companies in the Philippines would likely temper salary increases next year, as firms try to recover from the pandemic’s onslaught while convincing top talents to stay. Local employers are projected to bump up employees’ salaries by 5.3% on average next year, American asset management firm Mercer said in a report. If realized, […]
Read MoreMANILA, Philippines — The Board of Investments (BOI) recently held a roadshow in Metro Manila to present the strategic investments priorities plan or SIPP as part of efforts to attract more investments into the Philippines. In a statement yesterday, the BOI said it recently gathered business groups, industry associations and various concerned stakeholders in Metro […]
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