The local manufacturing output increased more than double in September this year owing to strong production of coke and refined petroleum products. In its Monthly Integrated Survey of Selected Industries, the Philippines Statistics Authority (PSA) said the country's volume of production index...
The Philippine manufacturing sector last month recorded the strongest expansion in seven-months despite substantial production delays due to raw material shortages and poor transportation conditions, according to the latest IHS Markit data. The IHS Markit reported on Tuesday, Nov. 2, that the...
The local manufacturing sector improved for five consecutive months last August on strong production in sugary beverage and refined petroleum products, the Philippine Statistics Authority (PSA) reported. August 2021 Monthly Integrated Survey of Selected Industries In its Monthly Integrated Survey...
After a tough trading period in August, the local manufacturing sector concluded the third-quarter with a renewed overall expansion, the latest monthly survey of IHS Markit revealed on Friday, Oct. 1. The IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) rose sharply from 46.4...
More workers in economically-active industries will be protected against coronavirus disease (COVID-19) after the government's pandemic task force approved the request of the Department of Labor and Employment (DOLE) for additional vaccines for them. A Manila resident receives a coronavirus vaccine...
The factory owner who paid his worker's salary in centavos has tested positive for COVID-19 at a time when his company is expected to comply with various business operations violations, Valenzuela City Mayor Rex Gatchalian said Thursday. Gatchalian questioned the timing of NexGreen Enterprise...
P1,056 worth of coins, mostly in 5- and 10-centavo, as well as one-peso denominations. That's how a factory worker in Valenzuela City received his salary after rendering 24 hours of duty. In a Facebook post, a certain Odniemrud Eniger, the factory worker's cousin, sought help from Mayor Rex...
The Department of Labor and Employment (DOLE) is also investigating the case of the Valenzuela City factory worker whose salary was paid to him in centavo coins by his company. WE'RE PROBING IT--DOLE Director Rolly Francia reveals during a press conference on June 30, 2021 that the agency is now...
Valenzuela City Mayor Rex Gatchalian on Wednesday suspended the business permit of Nexgreen Enterprise, the factory that paid one of its workers' salary in coins, after its owner admitted not paying their employees appropriately. Gatchalian said he will be giving Jasper So, the owner of the...
Biggest NFS in the Philippines Featuring a wide selection of iconic footwear, apparel, and accessories, American sportswear brand Nike opened its biggest factory store in the Philippines last weekend. And, take note, the sneaker haven is located in Metro Manila! “Get ready for the big? Nope....
Valenzuela City Mayor Rex Gatchalian is inclined to believe that what happened to the factory worker who received his P1,056 salary in coins was done deliberately to "torment" the worker for raising his concerns against his company's alleged unfair labor practices. Gatchalian on Tuesday vowed that...
Can an employer pay their employees' salaries purely in coins? Under Circular No. 537 Series of 2006 issued by the Bangko Sentral ng Pilipinas (BSP), payment, particularly in the form of coins, shall be "legal tender" or must be accepted for as long as it does not exceed a certain limit. For P1 to...