Politics View All →
UK apprenticeship levy is a £3.5bn mistake, say business leaders
Retailers, hospitality businesses, the tech industry and recruiters have called for urgent reform of the apprenticeship levy, calling it a “£3.5bn mistake”. In a letter sent to ministers, the British Retail Consortium (BRC), UKHospitality, techUK, and the Recruitment & Employment Confederation (REC) said the government was “holding back investment” in critical training that could increase […]
Read More →Turnaround advisers say UK manufacturers and retailers need greatest support
Manufacturers and retailers are struggling most in the present economic climate and will be in greatest need of support in the year ahead, the Institute for Turnaround has warned. Andy Leeser, its chairman, said the manufacturing sector would require the most turnaround expertise. The automotive sector was a “case in point”, he said, with issues […]
Read More →Return train tickets set to be scrapped in UK rail shake-up
Return tickets are set to be scrapped and new digital ticketing introduced under reforms of the British rail system to be announced this week. The two-way tickets, which offer a discounted rate, will be replaced by “single-leg pricing” which will mean that the price of two singles will be the same as the current return […]
Read More →Economy View All →
Diokno: Maharlika-financed projects less prone to delay
By Luisa Maria Jacinta C. Jocson, Reporter PROJECTS financed by the Maharlika Investment Fund (MIF) will be at reduced risk of administrative and legal challenges, with official development assistance (ODA) also becoming harder to access, Finance Secretary Benjamin E. Diokno said. “Financing through the GAA (General Appropriations Act, or the national budget) is lengthier and […]
Read More →Adjusted milling season seen imposing hardships on sugar farm workers
THE proposed delay of the start of sugar milling season to October could result in lower yields and lower income for farm laborers, a planters’ association official said. “Canes need to be harvested when they are ripe, which means when they reach their maximum level of sugar content. When canes are overripe, they have less […]
Read More →NEA wants finances to play bigger role in power cooperative ratings
THE National Electrification Administration (NEA) said it is seeking to amend the classification system for electric cooperatives (ECs) to better reflect their technical and financial capacity. “I want (the categories to reflect) the true state of operations both on the technical and financial management aspects,” Antonio Mariano C. Almeda, NEA administrator, said in a briefing […]
Read More →ADB flags cancer treatment shortcomings as case count rises in Asia
ASIAN GOVERNMENTS must innovate in how they support cancer care, which is underfunded even while the incidence of cancer rises, the Asian Development Bank (ADB) said. “Compared to COVID-19, cancer is a long-term challenge for healthcare systems. No lockdowns can stop or slow the emergence of cancer incidences,” the ADB said in a blog. “There […]
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World News View All →
Mali expels UN mission’s human rights chief
BAMAKO — The Malian interim government on Sunday said the head of the United Nations (UN) peacekeeping mission’s human rights division had 48 hours to leave the country as he had been declared persona non grata. In a statement, it said the decision to expel Guillaume Ngefa-Atondoko Andali was connected to his allegedly biased choice […]
Read More →Ukraine’s Zelenskiy urges Olympic sponsors to keep Russia out of Games
LVIV — Ukraine has sent letters to companies that back the International Olympic Committee (IOC) urging them to keep Russian athletes out of the Paris Olympic Games, President Volodymyr Zelenskiy said on Sunday. Mr. Zelenskiy has been spearheading a drive to ban Russian and Belarusian athletes from participating in the games under a neutral flag. […]
Read More →Australia PM pushes for bipartisan support on Indigenous referendum
SYDNEY — Australian Prime Minister Anthony Albanese will push for bipartisan support on a referendum that aims to set up an Indigenous consultative committee in parliament, when it meets on Monday for the first time this year. The landmark referendum, to be held later this year, will establish an Indigenous “Voice”, that can make representations […]
Read More →China’s oil demand bounce may push producers to reconsider output — IEA
BENGALURU, India — Oil producers may have to reconsider their output policies following a demand recovery in China, the world’s second-largest oil consumer, the International Energy Agency’s (IEA) Executive Director Fatih Birol said on Sunday. Demand in China, the world’s largest crude importer and No. 2 buyer of liquefied natural gas, has become the biggest […]
Read More →US jet shoots down suspected Chinese spy balloon with missile
SURFSIDE BEACH — A US military fighter jet shot down a suspected Chinese spy balloon off the coast of South Carolina on Saturday, a week after it first entered US airspace and triggered a dramatic — and public — spying saga that worsened Sino-US relations. President Joseph R. Biden said he had issued an order […]
Read More →French PM offers to tweak pension overhaul for conservatives backing
PARIS — French Prime Minister (PM) Elisabeth Borne offered on Sunday to soften a planned pension overhaul to let some people who started work early also retire early in order to win conservatives support for the reform in parliament. President Emmanuel Macron’s government wants to raise the retirement age two years to 64 and extend […]
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