ZAMBOANGA CITY – Labor and Employment Secretary Bienvenido Laguesma lauded the city government on Thursday, Nov. 24, for institutionalizing the Public Employment Service Office. LABOR Secretary Bienvenido Laguesma speaks at the turnover of City Ordinance 2022-581 on PESO institutionalization at...
TACLOBAN CITY – Davao del Sur’s most wanted person involved in a multi-million investment scam was arrested in Brgy. 84, Villa Rita Subdivision, San Jose District here on Monday, Nov. 14. The suspect was identified as Garry Simbahon, 44, who has a pending warrant of arrest for estafa. The...
Don't look now, but the peso depreciation these past few months actually had a positive impact on the Philippine economy. (Mari Gimenez/ Unsplash) The House of Representatives' resident economist, Albay 2nd district Rep. Joey Salceda, made this argument during a media briefing Thursday, Nov. 10 as...
Senator Loren Legarda has refiled Senate Bill 7 that seeks to amend Republic Act (RA) 8759 ,or the Public Employment Service Office (PESO) Act of 1999, to include entrepreneurship and provide better employment and entrepreneurial opportunities suited for each Filipino. Legarda, a four-term...
One of the largest banks in the Philippines and a digital trailblazer in Asia Pacific, UnionBank will continue to unleash the synergies and value from its various digital investments in the past years and leap forward towards it goal of becoming a Great Retail Bank in its pursuit of enduring...
ZAMBOANGA CITY -- A total of 800 job seekers participated in a job fair sponsored by the Department of Labor and Employment-9 (DOLE-9) and the Zamboanga local government’s PESO office at a local mall on Thursday, Feb. 24. An applicant at the DOLE job fair in Zamboanga City drops her application...
The research arm of credit rater Fitch Group has maintained its bearish stance on the Philippine peso, as it expects the local currency to even weaken as accommodative policy stances and a worsening current account weigh on the local currency. In a research note on Friday, Jan. 14, Fitch Solutions...
Around 100 informal workers in Caloocan City received bikes, cellphones, and P5,000 load allowance during the Bikecination Project awarding ceremony on Monday, Oct. 18. The awarding ceremony was led by Mayor Oca Malapitan and Department of Labor and Employment (DOLE) Secretary Silvestre Bello. The...
The Pasay City government in coordination with the SM Mall of Asia Hypermarket is offering job opportunities to city residents affected by the COVID-19 pandemic. Mayor Emi Calixto-Rubiano said the city’s Public Employment Service Office (PESO) announced that the SM Mall of Asia Hypermarket is in...
The peso closed lower  at P49.75 to the US dollar Wednesday, (August 4) from P49.61 the previous day. The weighted average rate appreciated to P49.717 from P49.845. Total volume amounted to $1.041.45 billion according to the Bankers Association of the Philippines.Â
The peso closed lower at P49.90 to the US dollar Monday (August 2) from P49.97 last Friday. The weighted average rate appreciated to P49.998 from P50.223. Total volume amounted to $776.52 million according to the Bankers Association of the Philippines.Â
The peso closed  higher  at P49.97  to the US dollar Friday, (July 30) from P50.305 the previous day.   The weighted average rate appreciated to P50.223  from P50.342. Total volume amounted to $1.364.56 billion according to the Bankers Association of the Philippines.Â