MANILA -The growth in lending by the Philippines’ largest banks slowed down for the sixth straight month to a nearly two-year low of 6.5 percent in September, adding credence to concerns that lukewarm private spending will lead to more subdued economic growth in the fourth quarter. Preliminary data at the Bangko Sentral ng Pilipinas show that the growth in total lending, net of short-term loans to the central bank, continued to lose momentum after reading out at 13.4 percent in September 2022 and 7.2 percent last August. ...
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Life insurance is a particularly effective risk management tool for Filipinos, given the unique socioeconomic challenges and cultural values that characterize the Philippines. Here are several reasons that illustrate why life insurance is especially important for Filipino families. In the Philippines, there is a strong cultural emphasis on family and community support. It is common for a single income earner to support multiple family members, including children, spouses and often extended family such as parents and siblings. Life insurance ens ...
The Social Security System (SSS) on Thursday announced that members and pensioners affected by the onslaught of Severe Tropical Storm Kristine could immediately avail salary and pension loans for their monetary needs. “As part of our proactive response to the urgent financial needs of our members and pensioners during natural calamities, the SSS loan programs are readily available to support their recovery,” SSS Senior Vice President for Lending and Asset Management Group Pedro Baoy said in a statement. ...
INNOVATION IN human resources (HR) has taken an interesting new turn. In the past, most of HR innovations were about automation of HR data. In the 1980’s, the automated HRIS (human resources information system) replaced the 201-file system inherited from the military. Today, venture capitalists are investing heavily in “social and referral recruiting, talent analytics, assessment science, online learning and mid-market core HR systems.” · New users · Josh Bersin says, “Today the most important factor in HR software is no longer the fu ...
Check out these infographics, based on U.S. News data, to see which business schools' graduates boasted the highest average salary and bonus, the salary breakdown by industry for grads of full-time...
Identifying the Highest Paying Jobs Rankings are based on salary data from the BLS. Instead of using median salaries for... normal business hours, but that can turn into a 50- to 60-hour...
The average salary for a Business Consultant is $80,140 per year in United States. Learn about salaries, benefits, salary satisfaction and where you could earn the most.
Learn essential strategies for senior business strategists to negotiate higher salaries effectively and professionally.
As the number and frequency of cyberattacks continue to rise, so does the need for experts who can protect government agencies, businesses and even individuals from such attacks. As a Cabinet Secretary, Uy is classified under Salary Grade 31, which means his pay ranges from P278,434 to P318,806 under the fourth tranche of Salary Standardization Law of 2019. “It’s really a seller’s market, and so a lot of large companies are hiring; the cybercriminal organizations are also hiring. And so there’s a competition for talents and, you know, F ...