THE PHILIPPINES and other countries that have moved from agriculture to services must reassess the importance of manufacturing in their economies and are urged to look at developing higher-productivity and complementary services, a new report from the Asian Development Bank (ADB) said.
ONE of the biggest challenges besetting work organizations has always been in the human capital domain of motivation and work productivity. Since the Industrial Revolution of the 18th century, a wealth of studies have been devoted to theory formulation and social research in finding the “holy grail” for achieving optimal work performance and employee satisfaction. Management has pumped millions in budget to address employee needs by providing improved compensation and benefit packages, developmental training and Organizational Development (OD) interventions, comprehensive health and safety programs, and a healthy balance of work-life experience. The measures are implemented on the assertions that satisfaction of employee “needs” leads to a motivated work force capable of achieving peak and efficient process output. Notwithstanding, there has been no letup to nagging human resource issues such as high turnover, low morale, increasing customer complaints, and discordant industrial relationship. Is there an arcane frontier that remains to be explored and mapped out in dealing with employee motivation?
THE BUREAU of Internal Revenue (BIR) has extended the validity of the provisional accreditation for printers of official receipts, sales invoices, and other commercial invoices until Dec. 31, according to a memorandum.
SINGAPORE — Two leading American business groups said yesterday that US firms operating in Association of Southeast Asian Nations (ASEAN) countries are skeptical the regional bloc can meet a 2015 deadline to establish a single market.
KORONADAL — Commercial rice prices in South Cotabato province will remain expensive until the bulk of palay harvests come in by October, Department of Agriculture (DA) officials said on Tuesday.
AN INITIAL 12,000 metric tons (MT) of “A” or US sugar have been converted to “D” or world market sugar, an official from the Sugar Regulatory Administration (SRA) said yesterday.
TACLOBAN CITY — The Millennium Challenge Account — Philippines (MCA-P) and the Department of Public Works and Highways (DPWH) may tap the local communities or the Conditional Cash Transfer program beneficiaries for the maintenance of Samar roads.
DEFINITE targets and time-bound state action, on top of an inclusive growth strategy, will help reduce deprivations among the poor in Asian countries, according to a study by the National University of Singapore (NUS) and the Asian Development Bank (ADB).
THE TRADE department hopes to file the country’s application to enter a preferential tariff program with the European Union (EU) by the end of the month, an official said.
THE SENATE will start its review today of the current project allocations for education, health, and the Conditional Cash Transfer (CCT) program to kick off the budget deliberations, the chamber head said yesterday.