Businessmirror april 02, 2017

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Sunday, April 2, 2017 Vol. 12 No. 172

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Supporters of the underground Communist Party of the Philippines display placards during a brief rally near Malacañang in a show of force two days before the resumption of peace talks with the government on March 31 in Manila. AP/Bullit Marquez

Guns will not be silent during govt, NDFP talks in The Hague

Elusive peace

T

By Rene Acosta

he government and the National Democratic Front of the Philippines (NDFP) will be negotiating for peace in the Netherlands but, here at home, fighters from both sides will be engaged in the almost half-a-century war with nil possibility of a cease-fire.

Padilla: “Since there’s no specific instruction from the Commander in Chief, it is very clear that we cannot declare a suspension of offensive military operations on our own.”

The military has vowed to continue its conduct of combat operations against the New People’s Army (NPA) around the country, unless it is ordered by President Duterte to halt such, despite the meeting of both sides in The Hague. Armed Forces Spokesman Brig. Gen. Restituto C. Padilla Jr. said that, in the absence of a directive from the Commander in Chief, the ongoing operations by soldiers against the rebels will not be stopped.

“Since there’s no specific instruction from the Commander in Chief, it is very clear that we cannot declare a suspension of offensive military operations on our own,” he said. Just days earlier, the Communist Party of the Philippines (CPP) said it was set to issue a unilateral cease-fire for its armed wing in preparation for the resumption of the talks scheduled from April 2 to 6 in the European country.

But on the occasion of the 48th anniversary of the NPA on Wednesday, the CPP ordered its armed fighters to intensify its war against the government and beef up its recruitment in the countryside.

‘Failure to deliver’

It noted that, despite his eight months in office, Duterte has failed to deliver his promise of change to Continued on A2

Pay rate next battleground in ‘war’ between sexes

W

By Roderick L. Abad | Contributor

Accenture’s “Getting to Equal 2017” report reveals the urgency to prep up the competency of female undergraduates today to level the playing field—salary-wise—when they enter the “real world” come next three years. This holds true as they continue to lag behind their male counterparts in terms of managing

their future careers, whereas they less likely aspire for leadership positions than the latter (41 percent versus 51 percent); seek a mentor (45 percent versus 58 percent); and choose an area of study that offers high earning potential (27 percent versus 40 percent). Other reasons for the divergence are women being outdone

PESO exchange rates n US 50.1940

Nuvolanevicata | Dreamstime.com

ATCH out for Batch 2020. According to a study, women who finish tertiary education at that time will be the first to close the gender pay gap in their lifetimes.

by men in adopting to new technology quickly (45 percent against 63 percent); continuous learning or acquiring new digital skills (44 percent against 53 percent); and choosing careers that make the most money (50 percent against 100 percent). “These factors are contributing in terms of decisions being made by women early on. Because these are undergraduates, so the courses that they choose, having a mentor, going to the work force, or raising their ambition are comparable than men,” said Ambe Tierro, senior managing director and lead for Accenture Technology in the Philippines. Given these observations, it is no doubt that women are found out to be presently underrepresented

in the global work force at only 50 percent, compared with 76 percent of working-age men. On the average, a member of Eve’s tribe in paid employment gets an average $100 for every $140 earned by that of Adam’s clan. Adding to the imbalance is the “hidden pay gap” apparent in the unemployed sector, wherein for every $100 a woman earns, a man ekes $258. “The future work force must be an equal work force. The gender pay gap is an economic and competitive imperative that matters to everyone, and we must all take action to create significant opportunities for women and close the gap more quickly,” she recommended. The disparity in salary of female Continued on A2

n japan 0.4486 n UK 62.6070 n HK 6.4604 n CHINA 7.2865 n singapore 35.9042 n australia 38.3482 n EU 53.5921 n SAUDI arabia 13.3854

Source: BSP (31 March 2017 )


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Businessmirror april 02, 2017 by BusinessMirror - Issuu