Tuesday, August 21, 2018

May 24 18, 9:30 am

PH Ambassador to the UAE arrives in Abu Dhabi

Ambassador Hjayceelyn Quintana, the newly-appointed Philippine Ambassador to the UAE, has arrived in Abu Dhabi and has already begun her tour of duty yesterday, August 20. She was welcomed by the entire staff of the Philippine Embassy upon her arrival at around 4:00...

Duterte sick, in coma claims not true, Palace says

Presidential spokesperson Harry Roque denied the allegations of Communist Party of the Philippines founding chairman Jose Maria “Joma” Sison that President Rodrigo Duterte is sick and has gone in coma. Roque said Duterte is “fine and well” and that the president will...

Emirates airlines passenger proposes to girlfriend on flight

A passenger from the Emirates Airlines decided to surprise his girlfriend by asking her to marry him while they were en route from Shanghai to Dubai. The airlines congratulated the couple and posted the video of the proposal on their social media which happened during...

Popeyes returns to the PH after a decade

American fast food chain Popeye is making a comeback to the Philippines after KUYA J Holdings Group, Inc acquired their exclusive master franchise deal. The brand first opened in the Philippines in 2001 and lasted until 2007 after encountering a problem with the...

PH drops 9 places in world competitiveness report

by | News

The Philippines dropped nine places in the 2018 World Competitiveness Yearbook (WCY) ranking published by the International Institute of Management Development (IMD).

The Philippines ranked 50th in the list this year, a drop from last year’s rank of 41.

This was described as the biggest drop in the Southeast Asian region and the sharpest plummet in the country’s history in the list. The Philippine’s average rank in the last four years is 41.5.

The WCY ranks the competitiveness of 63 countries based on four indicators – economic performance, government efficiency, business efficiency, and infrastructure.

The Philippines’ ranking dropped on all four indicators.

Economic performance plunged from last year’s number 26 to number 50 this year. The massive drop in the country’s economic ranking was attributed to the current account deficit or the difference between imports and exports, the depreciation of the Philippine peso, and the quickening inflation.

In terms of infrastructure, which dropped to number 60 from number 54 last year, the report observed the need to invest on social infrastructure and not only on physical infrastructure.

Business efficiency also dropped from number 28 to 38. The report noted that the country was less competitive in terms of labor, management practices, and attitudes and values.

Government efficiency fell from number 37 to number 44 due to a decline in the public finance, business legislation, and societal framework sub-indicators.

Meanwhile, the USA redeemed the number 1 spot, replacing Hong Kong which placed second this year. Singapore, Netherlands, and Switzerland were also part of the top 5.

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First batch of amnesty grantees to return to PH on Aug. 15

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The first batch of overseas Filipino workers who were granted amnesty by the UAE government is set to return to the Philippines tomorrow, August 15. A total of 98 Filipinos, including six minors, will be returning home via Philippine Airlines flight PR 659 at DXB...

PH Ambassador to the UAE arrives in Abu Dhabi

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 1 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

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