Work and class suspensions in NCR for APEC

The work and class suspension is expected to ease traffic in Metro Manila and accommodate the safety of the visiting leaders of the 21 partner economies of the Asia-Pacific Economic Cooperation.

Statement: Deputy Presidential Spokesperson on the week of September 28-October 2, 2015

Indeed, in the past five years our country has made great strides toward advancement, as evidenced by our performance in the latest World Economic Forum (WEF) Global Competitiveness Report and World Bank Worldwide Governance Indicators (WGI) survey.

Reforms improve labor market efficiency

The latest World Economic Forum Global Competitiveness Index ranking placed the Philippines’ labor market efficiency in 47th place out of 140 economies, raising it by 5 notches since 2014.

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