December is usually when cash registers ring nonstop, delivery vans double-park with abandon, and seasonal jobs pop up like Christmas lights. This time, though, the Philippine labor market delivered a quieter jingle. Despite peak holiday demand, joblessness refused to melt away, hinting that even Santa’s factory may have sent a few elves home early.
Villar Land Holdings Group is facing a slew of legal charges, including insider trading and market manipulation, after the Securities and Exchange Commission (SEC) filed criminal complaints against one of the country’s most politically powerful and wealthiest families.