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Popular EconomicsTHE MAIN revenue source for the country is taxes. For the past eight years, the Arroyo administration has implemented structural and administrative measures to improve tax collections. Among them are the 3Rs: Run After Tax Evaders (RATE), Run After the Smugglers (RATS), and Revenue Integrity Protection Service (RIPS). Economic IndicatorsService firms more amenable to higher wages SERVICE-BASED industries are likely to approve of higher labor cost in favor of highly skilled employees on improved earnings prospects on the back of a benign economic growth this year, industry officials said. Employees’ annual take home pay surged by 23% to P166,618 (or P13,885 per month) in 2007 from P135,774 (or P11,315 per month) in 2002, according to the second series of the 2007 Labor Cost Survey (LCS) by the Bureau of Labor and Employment Statistics (BLES) released last month. Fewer teenage marriages recorded in 2006
THE NUMBER of teenage marriages has been on a decline in the past five years to 2006, according to data from the National Statistics Office — results experts said could suggests that Filipino youths are becoming more open to cohabitation. Job Availability IndexCall center hiring slows down, drags growth in job openings GROWTH in online-advertised jobs eased in January from a year ago, sending the Job Availability Index to a two-month low, amid the service sector’s pale performance. The Job Availability Index, which is a statistical measure computed by BusinessWorld using data from JobStreet.com, rose by a meager 4.7% to 281 index points last month, a stark slowdown from the 125.9% rise recorded in January last year. January also marked the first time since March 2008 that the index climbed by single digits. Stock picks for the week |
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Equipped with a vast database of economic and financial information, the BusinessWorld Research provides BusinessWorld readers and prospective clients essential and timely industry analyses and reports. Through government and non-government facts and figures, the team generates comprehensive reports that help policy makers, industry observers, planners, and students get a clearer view of the performance of various industries and the domestic economy as a whole. This is particularly highlighted in the BusinessWorld Research team’s reports such as Economic Indicators (a discussion of trends and possible developments on a particular economic sector), Stock Picks (analyses on listed domestic companies and their stock market performance) Quarterly Banking Reports (a comprehensive review of the domestic banking industry) and Corporate Profiles (a feature on breakthrough and start-up companies). The BusinessWorld Research team also aims to educate its readers by introducing economic and finance concepts through its series of Popular Economics and the BusinessWorld Guide to Series. The team, likewise, takes pride of The Top 1,000 Corporations in the Philippines, an annual publication that ranks companies based on annual gross revenues. Read more about us |
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