Tag: oil prices

Next Philippine president should cut Ph dependence on easy OFW money

February 1, 2016 benign0 33 Comments

Overseas Filipino Workers (OFWs) rock. They number in the millions and, collectively, are the bedrock of the Philippine economy. They account for up to 10 percent of the value of the country’s gross domestic product (GDP) and fuel the massive expansion of the Philippines’ retail and entertainment industries. But the question most often asked about…

Development, Economy, Money Talks

Rise of the machines to result in net loss of 5.1 million jobs!

January 20, 2016 benign0 33 Comments

According to a report on the results of a World Economic Forum (WEF) survey conducted across 15 economies that “account for approximately 65 per cent of the world’s total workforce”, robots and artificial intelligence technology will eliminate 7.1 million jobs over the next five years. The new technologies will, however, create 2 million “new positions”…

Economy, Tech Talk