The Philippine equities market is expected to hit the 7,000-level this year on optimism over the country’s stable macroeconomic fundamentals and robust earnings growth.

In an annual San Miguel Corporation-Economic Journalists Association of the Philippines seminar held here, chief strategist at Banco de Oro Unibank Jonathan Ravelas said fundamentals remain stable, with the country’s economy expected to grow 6.75 percent in 2014, slightly lower than last year’s 7.2 percent.

Ravelas said he also sees a low inflation rate of 3.5 percent, with the peso trading within the P43.50 per dollar by year-end.

DOLE launches program
on health, safety at work

The Department of Labor and Employment in Region 6 has launched the Iwas Accident Program that will promote the health and safety of employees while at their work place, Ponciano Ligutom, DOLE Director in Western Visayas , said yesterday.

Under this program, Ligutom said, the public is urged to report to them if they know of any employer who does not follow the proper health and safety standards required by DOLE for employees.

He said the inspectors will verify the report and erring employers will be meted appropriate penalties.

Sweets makers complete
food technology training

Sixteen workers of 14 pastry and bake shops in Bacolod City completed  the 28-day Food Technology Program on bakery  conducted by the Association of Negros Producers-Foundation for Enterprise Development, in partnership with AFOS Foundation Saturday.

 Marivic Rio officer-in-charge of the ANP-FED, said the participants were taught  new food technology, safety and standards for them to become more competitive.

Rio said he  hope   the participants  will  apply what they have learned and  also  share it  with  their colleagues.

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