Philippines to lead Asian growth as workforce rise

Why demographics matter so much for economic growth

India and the Philippines are likely to post Asia’s fastest economic growth rates in coming years as their working-age population keeps expanding through 2020, in contrast with shrinking workforces across North Asia, Nomura Holdings Inc. estimates show.

12 May 2017 Read more »

Interesting deployment report from Workabroad.ph

Which categories of Overseas Filipino Workers are much in demand ?

On Wednesday, November 23, Workabroad.ph issued its Overseas Salary Report. Workabroad.ph is an online employment marketplace that covers several Asian countries like  Indonesia, Malaysia, Thailand and the Philippines. It also is the Philippines' leading job site for overseas employment opportunities and currently covers 90% market share of overseas employers. Job postings on Workabroad.ph can only be posted by recruitment agencies registered with and licensed by the Philippine Overseas Employment Administration (POEA).

24 November 2016 Read more »

Dutch Honours for one of our founding fathers

Oranje Nassau Nomination for Mr. Cristobal

One of our founding fathers, Mr. René  E. Cristobal, born in Manila on October 23, 1934,  has received a nomination of the Dutch King as Knight of the Order of Orange-Nassau.

20 September 2016 Read more »

How the Philippines Became Tech Startups’ New Source for Talent

Working for a venture-backed start-up is the new status symbol

Technology start-ups are the Philippines’ latest customers, and more are flocking to the country’s beach-laden shores each year. Beyond the obvious labor cost savings, the Philippines is an attractive destination for tech jobs, particularly for American companies, because of its young, educated workforce and its English-speaking population (the fifth largest on the planet). Unlike other outsourcing hubs, Filipinos are intimately familiar with American culture, a legacy of more than 30 years of American colonial rule. Generations of Filipinos have been raised on Hollywood movies, Friends, the NBA, and of course, Facebook.

13 June 2016 Read more »

2015 joblessness in the Philippines lowest in 11 years

SWS: Unemployment rate in the Philippines falls to 21.4%.

The number of unemployed Filipinos has decreased by about 900,000 individuals in the last quarter of 2015, according to the Social Weather Stations (SWS) survey results released on February 9, 2016.

The nationwide survey conducted last December 5 to 8 found 21.4 percent or about 9.1 million Filipinos were unemployed in the last quarter of 2015, down from 23.7 percent or 10 million Filipinos in the previous quarter.

This brings the 2015 average rate of joblessness to 21.9 percent, which is lower than the 2014 average of 25.4 percent. SWS said this is the lowest annual average in 11 years since the 15.8 percent average in 2004.  

09 February 2016 Read more »

The importance of remittances to the Philippines

Update cash remittances from Overseas Filipino Workers (OFW)

Some countries, such as India and China, receive tens of billions of US dollars in remittances each year from their expatriates. In 2014, India received an estimated 70 billion USD of remittances and China an estimated 60 billion of USD. The Philippines received an estimated 25 billion of USD of remittances in 2014.

 

25 August 2015 Read more »

How the Philippines is emerging as a key Asian economy

The Philippines is experiencing growth that is rivalling the likes of China and India, but its economic story is often overshadowed by its larger Asian neighbours.

The county's GDP grew 6.1% last year and it is expected to grow at a similar rate this year. Trade Secretary Gregory Domingo, spoke about how it could potentially hit 9% GDP.

29 June 2015 Read more »

Economic value of EU shipping Industry

Updated study highlights

At a press conference beginning of March, ECSA (the European Community Shipowner's Association) presented the results of a recent update of the Oxford Economics study on the economic value of the EU shipping industry, which highlights the industry’s important contribution to the EU economy based on new and more reliable data.

11 March 2015 Read more »

PH Consumers Ranked 2nd Most Optimistic in the world

Consumer confidence levels peak in the Philippines

The Nielsen Global Survey of Consumer Confidence and Spending Intentions measures consumer confidence, major concerns, and spending intentions amongst more than 30,000 respondents with internet access in 60 countries.

Filipino and Indonesian consumers are now tied as the second most optimistic in the world in the fourth quarter of 2014, according to a Nielsen's Global Survey.

02 February 2015 Read more »

Labor force in Philippines to expand

The Philippines' labor force will expand faster than most of its regional peers in the next decade, Moody’s Investors Service said on July 2

Between 2012 and 2025, “The labor forces in Laos, the Philippines and Cambodia are expected to grow by more than 20%,” the credit rating agency said in an article in the July edition of its quarterly newsletter, Inside ASEAN.

17 July 2014 Read more »

Strong & stable Peso

More money to run economy thanks to remittances, BPO revenues and demographics

Rafael Algarra Jr., Executive Vice-president and Financial Markets Segment Head of Security Bank, said in a statement that despite a number of natural calamities in the later part of 2013, the economy of the Philippines managed to grow 6.5 percent in the fourth quarter of 2013 and that the current position of the Philippine Peso versus the dollar will stay the same for the first six months of 2014.

27 February 2014 Read more »

January 2014 Typhoon Yolanda ("Haiyan") Update

NDRRMC Update (National Disaster Risk Reduction and Management Council)

Between November 6 and November 9 2013, the typhoon Yolanda entered the Philippine Area of Responsibility (PAR). The typhoon intensified as it continued to move West Northwest towards Eastern Visayas, accelerated  and made its consecutive landfalls over Guian, Tolosa, Bantayan, Concepcion and Busuanga. The National Disaster Risk Reduction and Management Council has issued its January 2014 overall status report on the effects of typhoon Yolanda. 

21 January 2014 Read more »

Super Typhoon "Yolanda"

What we are doing as a company

Below you'll find some more explanation about what we are doing as a company and how we think that – together with our clients – we can make a difference.

16 November 2013 Read more »

Tyfoon Haiyan

Multiplan International brengt eigen gericht actieplan in stelling

Reeds 35 jaar lang zijn wij aktief op de Filippijnen.

Scheepsongelukken, aardverschuivingen, vulkaanuitbarstingen en tropische stormen zijn al altijd een deel van het Filippijnse leven geweest en eisen elk jaar hun tol aan menselijk leed en ellende.

De veerkracht van de Filippijnse bevolking die we na elke ramp weer ervaren, verwondert ons na al deze jaren nog steeds.

15 November 2013 Read more »

Strengthening Philippine economy: 16th straight quarter of growth

While expansions in other countries are fading, Philippine GDP growth remains very much robust

Filipino President Benigno Aquino III reportedly loves telling anyone who will listen that the country is no longer the “sick man of Asia.” With economic growth rising by more than 7 percent again for the fourth straight quarter, the leader of the Southeast Asian nation has a point.

11 September 2013 Read more »

Fifty-six per cent of our employees have engineering degrees

Manufacturing in the Philippines

When B/E Aerospace, a US-based aircraft cabin builder of interior parts, looked to build its first factory outside its US home market it did not look a lot further than the Philippines.

03 June 2013 Read more »

Outlook Philippines' Economy

Fom 43rd to 16th largest economy in the world

HSBC projects the Philippine economy to become the 16th largest economy in the world, 5th largest economy in Asia and the largest economy in the South East Asian region(*) by 2050.

09 April 2013 Read more »

OFW inflows hit new high

Remittances from Overseas Filipino Workers reach a new record

Remittances from Filipinos living and working overseas grew faster than expected in 2012, reaching a new record high of USD 21.391 billion. This was reported by the BSP Bangko Sentral ng Pilipinas on February 15, 2013.

08 March 2013 Read more »

Overseas Filipino workers (OFWs) can be deployed again to Iraq, Yemen and Eritrea.

Philippines Labour Secretary Rosalinda Baldoz said the Philippine Overseas Employment Administration (POEA) governing board has approved a resolution allowing deployment of OFW's (Overseas Filipino Workers) to Iraq, Yemen and Eritrea.

04 March 2013 Read more »

List of Philippine Holidays in 2013

Regular & special holidays in the Philippines in 2013

With the announced holidays, Filipinos working in their country will be enjoying 4 long weekends in 2013:

March 28 (Thursday) to 31 (Sunday), in observance of the Holy Week;  August 24 (Saturday) to 26 (Monday), in commemoration of National Heroes Day;  November 1 (Friday) to 3 (Sunday), in observance of All Saints’ and All Souls’ Day  and December 28 (Saturday) to January 1, 2014 (Wednesday), in celebration of Rizal Day and New Year.

Of course for OFW's (overseas Filipino workers), other holiday arrangements apply, in line with the holiday planning in the host country they're working in and tuned to the project planning. But for foreign employers, it can be useful to know when the relatives of their Filipino workers have their regular holidays.

14 January 2013 Read more »

Employable Technology & Engineering Skills in the Philippines

Mismatch between supply and demand

The talent power needed for global economic growth comes from men and women armed with specific TEMAS skills – advanced knowledge of technology, engineering, mathematics and science. Many experts have raised the alarm to highlight looming shortages of such talent, raising the possibility of a diminished capacity for innovation and slower growth. But research shows that the supply of this talent is growing rapidly. The key is learning how to find it.

29 October 2012 Read more »

Restricted OFW destinations

Six countries with restrictions for deployment of Overseas Filipino Workers

POEA warns placement agencies to stop recruiting workers, and job applicants not to accept job offers for 6 countries declared by the Government as dangerous to OFW's.

04 July 2012 Read more »

Philippines' Single Maritime Administration

MARINA: Maritime Industry Authority

The Department of Transportation and Communication (DOTC) shall delegate operational functions to MARINA which will create an office specifically tasked to ensure the full implementation of, and compliance with, the STCW convention and other seafaring concerns including functions for STCW administration, seafarers’ education, training, certification and competence.

04 May 2012 Read more »

ISO 9001:2008 and MLC 2006 Certification Acquired

Committed to the highest quality

We are proud to announce that our operational divisions Sealanes Marine Services, Inc. (SMS) and Manpower Resources of Asia, Inc. (MRA) have successfully passed the ISO 9001:2008 and MLC 2006 Certification, by one of the top five classification societies, Germanischer Llloyd (GL). 

27 April 2012 Read more »

Multiplan International: 35 years of age and going stronger than ever

International talent mobility: from painfully accepted to structural HR solution

We started in the seventies and eighties where we supplied blue collar workers for infrastructural projects in the oil producing countries.
Nowadays, Multiplan supplies on projects worldwide, highly qualified technicians and engineers in the offshore industry.

03 April 2012 Read more »

List of regular and special Philippine holidays 2012

The following regular holidays and special days for the year 2012 shall be observed in the Philippines.

02 April 2012 Read more »

Ban on deployment of Filipino Overseas Workers to three countries lifted

The POEA Governing Board has issued three resolutions lifting the ban on deployment to Nigeria, Libya and South Sudan and instructed the POEA to resume processing of documents of OFWs bound to the said countries.

22 March 2012

Overseas Filipino Workers (OFWs) in a historical context

Working abroad has become commonplace for Filipinos

Since World War II, the Philippines has gone from being one of the richest countries in Asia — after Japan — to one of the poorest, with a gross domestic product (GDP) per capita of just 2.007 USD in 2010, compared to 32.700 USD in Japan. A severe recession in the 1980s saw the economy of the Philippines shrink by more than 10 percent, and years of political volatility during and since the time when Ferdinand Marcos was president (1965 to 1986) have contributed to economic stagnation.

20 November 2011 Read more »

Dutch Honours for one of our founding fathers

Oranje Nassau Nomination for Mr. Cristobal

One of our founding fathers, Mr. René  E. Cristobal, born in Manila on October 23, 1934,  has received a nomination of the Dutch King as Knight of the Order of Orange-Nassau.

00 0 Read more »