SPEEDPOST

Unemployment further dips to 3.6% in November 2023

The country’s unemployment rate dipped to its lowest level in November last year, while employment reached its highest since April 2005, the Philippine Statistics Authority (PSA) reported Tuesday. At a briefing, National Statistician Dennis Mapa said results of the PSA’s latest Labor Force Survey (LFS) showed that unemployment rate further dipped to 3.6% during the month, down from the 4.2% recorded…

Read More

DTI vows to lure in more investments producing high-quality jobs

The Department of Trade and Industry (DTI) which is responsible for generating jobs in the country, has vowed to continue attracting investments that produce higher-quality and higher-paying jobs. During the Bagong Pilipinas briefing Tuesday, DTI Undersecretary Kim Bernardo-Lokin said state  investment promotion agencies (IPAs) are strengthening their investment strategies while improving the ease of doing business in the country to lure…

Read More

Negros Occidental to develop world-class nature resort

BACOLOD CITY – The Negros Occidental provincial government is set to develop the Mambukal Resort and Wildlife Sanctuary in Murcia town into an ecological-friendly, world-class resort to boost tourism in the province. The updates on the proposed developments include the planned enhancement of hotel facilities and the introduction of new tourism features. In a statement, Negros Occidental Governor Eugenio Lacson…

Read More

PH, Indonesia agree to further upgrade their bilateral relations

Philippines President Ferdinand Marcos Jr. (2-L) and his wife Louise Araneta-Marcos (L) smile with Indonesian President Joko Widodo (2-R) and wife Iriana Joko Widodo (R) during their meeting at Presidential Palace in Bogor, Indonesia, on September 5, 2022. Achmad Ibrahim, EPA-EFE/Pool/file The Philippines and Indonesia have agreed to further upgrade their bilateral relations and cooperation  as they mark their 75 years of…

Read More

LTFRB: Transport coops free to decide which modern jeepneys to buy

Land Transportation Franchising and Regulatory Board (LTFRB) chair Teofilo Guadiz III has clarified that transport cooperatives are free to decide which modern jeepneys to buy for the public utility vehicle modernization program, and the government has no say on the matter. His statement on the matter in response to criticisms that the country is importing these vehicles from China. “They can buy…

Read More

PAG-ASA: March-May possibly warmest, likely up to 40°C

The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said Tuesday the months of March, April and May this year could be very warm with temperature reaching up to 40°C in some areas of the country, PAG-ASA Weather Services Assistant Chief Ana Solis said there is a  “possibility that March, April and May — which we call warm and dry season months — could be one of…

Read More