Labor mediators post 43% settlement rate

THE NATIONAL Conciliation and Mediation Board (NCMB) has settled 43% of its disputes between workers and employers, according to the Department of Labor and Employment (DoLE). In a statement citing an NCMB report, DoLE said the preventive mediation program had benefitted 514 workers and generated monetary settlements of more than […]

Cebu Landmasters, NTTUDA JV gets PCC nod

THE planned joint venture (JV) between listed property developer Cebu Landmasters, Inc. (CLI) and Singapore-based developer NTT UD Asia Pte. Ltd. (NTTUDA) has secured the approval of the Philippine Competition Commission (PCC). CLI said in a regulatory filing on Thursday that the competition watchdog issued the clearance on Feb. 6 […]