Monthly Archives: August 2020

by Manila Standard, 16 Aug 2020 The number of overseas Filipino workers seeking assistance due to the effects of the COVID pandemic surged to more than 600,000, the labor department reported on Sunday.

By BusinessMirror, 16 Aug 2020 The mothballed Bataan Nuclear Power Plant provides a massive background to science journalists’ photo op during their tour of the facility a few years back. The interest in nuclear power program is in high gear once again with government experts throwing their support for it after Malacañang gave a go…

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by Robertzon Ramirez (The Philippine Star), 15 Aug 2020 MANILA, Philippines — The Supreme Court (SC) has upheld its previous ruling allowing Mary Jane Veloso, the overseas Filipino worker on death row in Indonesia, to testify against her alleged illegal recruiters.

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The Civil Service Commission releases an update on the number of government employees, who were infected with Covid-19 as of 1:30 pm. @BusinessMirror pic.twitter.com/fhipqHDgRP — Samuel Medenilla (@sam_medenilla) August 14, 2020

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by Mayen Jaymalin (The Philippine Star), 14 Aug 2020 CALABARZON, Philippines — The transmission of coronavirus disease 2019 or COVID-19 in workplaces has been blamed for the increase in cases in Calabarzon.

by Janvic Mateo (The Philippine Star), 14 Aug 2020 MANILA, Philippines — One in every three Filipino micro-entrepreneurs started a business during the COVID-19 pandemic, a survey conducted by web-hosting company GoDaddy showed.

by Gabriel Pabico Lalu, Philippine Daily Inquirer, 14 Aug 2020 MANILA, Philippines — Seventy-nine percent or four in five Filipinos have claimed that their lives worsened in the last 12 months, a recent Social Weather Stations (SWS) survey released Thursday has shown.

by Richmond Mercurio (The Philippine Star), 14 Aug 2020 MANILA, Philippines — Microcredit extended by GCash amounted to P2 billion in the first half, double the amount from the same period last year as the fintech compacontinues to provide more Filipinos access to alternative credit facility.

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By Yen Makabenta, Manila Times, 13 Aug 2020 First word THE Philippine response to the coronavirus pandemic would not be so jumpy and erratic if our decision-makers and implementers were more cognizant of the difference between data and information.

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by Philstar.com, 13 Aug 2020 MANILA, Philippines — Although the House transportation panel officially endorses the return of motorcycle taxi services, further plans on increasing the number of public utility jeepneys still depend largely on the eventual lifting of quarantine restrictions set by the government.

by Dale G. Israel, Philippine Daily Inquirer, 13 Aug 2020 CEBU CITY —- A hotel and business process outsourcing firm (BPO) here were placed on lockdown after allegedly violating some quarantine protocols that led to the spread of the new coronavirus disease (COVID-19).

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by Tonette Orejas, Philippine Daily Inquirer, 13 Aug 2020 CITY OF SAN FERNANDO —- The Yokohama Tire Philippines Inc. (YTPI) in Clark Freeport recorded its second case of the coronavirus disease (COVID-19), this time a worker who was infected by a relative.

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by Czeriza Valencia (The Philippine Star), 13 Aug 2020 MANILA, Philippines — The economy is expected to see a sharp contraction of between eight and nine percent this year amid the disruption caused by the pandemic, but its long-term growth prospects remain, the investment banking arm of the Metrobank Group said.

by Lawrence Agcaoili (The Philippine Star), 13 Aug 2020 MANILA, Philippines — Earnings of Philippine banks slumped by 29 percent to P86.05 billion in the first semester from P110.97 billion in the same period last year as the industry’s provision for non-performing loans (NPL)breached the P100-billion mark due to the impact of the coronavirus pandemic,…

by Lawrence Agcaoili (The Philippine Star), 13 Aug 2020 MANILA, Philippines — The non-performing loan (NPL) ratio of banks rose for the sixth straight month to hit its highest level in almost six years at 2.53 percent in June from 2.43 percent in May, as past due and restructured loans continued to rise due to…

by Lawrence Agcaoili (The Philippine Star), 13 Aug 2020 MANILA, Philippines — The Philippines is seen booking the highest unemployment rate in Southeast Asia, with about eight million Filipinos expected to lose their jobs as the coronavirus disease 2019 or COVID-19 pandemic continues to overwhelm the economy, according to Maybank ATR Kim Eng.