The number of Filipinos without jobs as well as those looking for longer working hours both eased in October, the government reported on December 10. Preliminary estimates of the Philippine Statistics Authority’s (PSA) October 2015 Labor Force Survey showed that the employment rate slightly improved to 94.4 percent in October from 94 percent a year ago, reports Inquirer.net.
Filipino independent film “Heneral Luna” is gunning for a win in the foreign language film category in the 73rd Golden Globe Awards.
Directed by Jerrold Tarog, Heneral Luna is one of the 71 entries from 46 countries vying for the award.
Five nominees will then be announced on December 10 and the winner will be announced during the awards ceremony on January 10, 2016. Reported from Inquirer.net.
Davao City Mayor Rodrigo Duterte
Davao City Mayor Rodrigo Duterte topped a nationwide survey that Social Weather Stations (SWS) conducted in the last week of November, emerging as the No. 1 choice of voters not only from all socioeconomic classes but also from all geographic areas.
Nationwide, Duterte was the choice of 38 percent of voters, giving him a double-digit lead over Sen. Grace Poe and Vice President Jejomar Binay, who each got 21 percent. Former Interior Secretary Mar Roxas received 15 percent and Sen. Miriam Defensor-Santiago got 4 percent. Only 1 percent of the voters were undecided. More in Inquirer.net.
Miss Philippines Angelia Ong was crowned Miss Earth 2015 (Source: @MissEarth)
The Philippines' own Angelia Ong has won the title of Miss Earth 2015, succeeding the Philippines' Jamie Herrell, Miss Earth 2014 at the pageant's coronation night held Saturday, December 5 (early morning Sunday, December 6 in Manila) in Vienna, Austria. This is the Philippines' second win in a row. More from Rappler.com.
The Philippines will be the only sovereign entity in Asia with improving credit prospects, making it a $1-trillion economy by 2030, Washington-based analytics firm IHS Global Insight said.
In its Sovereign Risk Review report for the third quarter of 2015, IHS said it upgraded its outlook on the Philippines’ credit rating to positive from stable, amid the trend of improving financial fundamentals, investor confidence, and governance standards in the Philippines. More on Rappler.com.
The Quezon City Regional Trial Court on Friday suspended the operations of app-based transport services Uber and GrabCar for 20 days.
The court issued a temporary restraining order (TRO) against the Department of Transportation and Communication (DOTC) and Land Transportation Franchising and Regulatory Board (LTFRB) to stop operations of Uber, GrabCar and similar transport services.
Petitioner Angat Tsuper Samahan ng mga Tsuper at Operator ng Pilipinas Genuine Organization Transport Coalition, represented by Pascual Magno, earlier requested for a TRO against the operation of the private transport services. More in philstar.com.
The Philippines has found another supporter of its decision to take its territorial dispute with China in the South China Sea to the United Nations for arbitration, with Italy’s top leaders telling President Benigno Aquino III that it is the “appropriate path to a peaceful dispute resolution,” reports Inquirer.net.
Filipino adults were among the least knowledgeable about their personal finances, presenting a major constraint to equitable economic development.
Standard & Poor’s ranked 140 countries in terms of financial literacy and found that adults in Asian countries knew the least about monetary ideas, including risk diversification, inflation and compound interest.
The Philippines was one of the 30 least financially literate countries in the world, with only 25 percent of adults aware of the basics of managing their money. More in Inquirer.net.
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