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(Eagle News)– Careers in the healthcare sector are the highest paid specialization for overseas Filipino workers (OFWs). In the 2016 Overseas Jobs and Salary Report of WorkAbroad.ph, OFWs in the healthcare sector, receive an average monthly salary of P111,620. Jobs in process design and control are the next highest paid with an average monthly income of P87,027. Public relations and communications specialists are the third highest paid at P83,375 a month. Other high paying jobs […]
MANILA, Nov. 23 – Finance Secretary Carlos Dominguez III said that congressional approval of the proposed tax reform program would help the Duterte administration realize its vision of reducing the poverty level to just 14 percent and free six million Filipinos from the shackles of poverty over the next six years. Dominguez said the Philippines is now at a “critical juncture” where it can either choose the old and easier path of sustaining high growth […]
TOKYO, Japan (AFP) — Tokyo stocks rose on Monday, extending a 10-month high as the yen remained under pressure on market expectations for a US interest rate hike next month. The key Nikkei index ploughed through the psychologically important 18,000 mark and is extending its best levels since early January. Higher US rates are likely to increase the gap between the dollar and the yen as Japan’s are expected to remain low. A weaker yen […]
TOKYO, Japan (AFP) — Japanese low-cost carrier Peach Aviation said Friday it would buy 13 Airbus aircraft valued at almost $1.4 billion as part of its expansion plans to cash in on a pick-up in demand for air travel in the country. Peach, an affiliate of major Japanese carrier All Nippon Airways (ANA), agreed to buy 10 fuel-efficient A320neos and three conventional A320ceos, it said in a statement. The new aircraft are to be used […]
WASHINGTON, United States (AFP) — Banking giant JP Morgan Chase has agreed to pay more than $264 million to resolve allegations it bribed officials in China by giving prized jobs and internships to friends and relatives, officials announced. “Awarding prestigious employment opportunities to unqualified individuals in order to influence government officials is corruption, plain and simple,” Leslie Caldwell, chief of the US Justice Department’s criminal division, said in a statement. Over a seven-year period, between […]
(Eagle News) — The country’s Gross Domestic Product (GDP) grew year-on-year by 7.1 percent in the third quarter of 2016, which comprised the first three months of the administration of President Rodrigo Duterte, according to the Philippine Statistics Authority. The growth in the Philippine economy was notable as it was higher than the growth rates of 7.0 percent in the second quarter of 2016, and 6.2 percent in the third quarter of 2015. With […]
TOKYO, Japan (AFP) — Nintendo shares surged more than five percent on Wednesday after the game giant said it would release a Super Mario app for iPhones next month. The stock price rose as much as 5.5 percent to 26,215 yen before closing the morning session on the Tokyo Stock Exchange up 4.38 percent at 25,950 yen. Shares in Nintendo, creator of the Pokemon franchise, have been on a tear since the July release of […]
SAN FRANCISCO, United States (AFP) — WhatsApp has temporarily suspended giving parent company Facebook information about users in Europe for ad targeting, responding to concerns there over privacy, a source close to the matter said Tuesday. Conversations with officials in Europe over the past few months resulted in the social network deciding to only tapping into WhatsApp user data there for purposes such as fighting spam, according to the source. The break was described as […]
by Anna MALPAS MOSCOW, Russia (AFP) — Russia’s Investigative Committee said Tuesday it had detained Economy Minister Alexei Ulyukayev on suspicion of taking a two-million-dollar bribe over a massive deal involving state-controlled oil giant Rosneft. The committee, the country’s main federal investigative body, said the move was a result of an operation by the FSB security service, the successor to the KGB. It alleged in a statement the minister received the money on Monday for […]
NEW YORK, United States (AFP) — Billionaire investor Warren Buffett has taken stakes in three large US airlines, in a $1.3 billion bet that marks a sharp U-turn of his antagonistic views on the sector. Buffett’s Berkshire Hathaway Inc. invested $797 million in American Airlines, $249 million in Delta Air Lines and $237 million in United Continental Holdings, according to a regulatory filing reviewed Monday by AFP. Berkshire Hathaway also took a stake in Southwest […]
Beijing, China (AFP) — China’s retail sales growth slowed to 10.0 percent on-year in October, government data showed Monday, missing expectations in a worrying sign for domestic demand in the world’s second-largest economy. October’s industrial output growth matched the previous month’s figure at 6.1 percent, the National Bureau of Statistics (NBS) said, also slightly below forecasts in a Bloomberg News survey of economists. As growth slows, Beijing is seeking to make a difficult transition away from dependence […]
QUEZON City, Philippines (November 14) – A lot has been said about the state of the Philippine economy after the first 100 days of President Duterte’s Administration. Critics were quick to say that the economy has weakened. Shuli Ren in his article in Barron’s Asia website cited the 0.6% drop in the Philippine Stock Market right after US President Obama cancelled his meeting with President Duterte following Duterte’s harsh remarks after the media asked him what […]
