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Envoy: EU crisis won’t affect PHL

Amid fears of a deepening financial crisis in the euro zone, the head of the European Union in the country gave assurances on Tuesday that leaders in Brussels are effectively managing the situation and will not affect the Philippines and Southeast Asian trade partners.

Ambassador Guy Ledoux, head of the EU Delegation to the Philippines, said the EU, considered as the world’s biggest single market, does not see a recession, despite Greece’s three-year financial crisis and the downgrading of countries in the euro zone, except Germany.

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‘Workable’ mining E.O. in the works

IT will be a “workable” document for all stakeholders.

Thus this Malacañang allay the fears of the Joint Foreign Chambers about the executive order being prepared to set comprehensive policy guidelines for the mining industry.

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Cash incentive still top strategy to retain workers

CASH is still king when it comes to retaining or losing Asian corporate executives.

A study made by Bó Lè Associates, the largest executive search firm in Asia, showed that compensation is still the biggest determinant that prompts Asian corporate executives to leave their companies. This, in turn, apparently forces their employers to use cash incentives as their top retention strategy.

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