Monthly Archives: October 2020

by Crispian Balmer, Reuters, 27 Oct 2020 ROME – European governments moved on Tuesday to set new curbs in motion to try to rein in a fast-growing surge of coronavirus infections and provide economic balm to help businesses survive the pandemic.

by Prinz Magtulis (Philstar.com), 27 Oct 2020 MANILA, Philippines — The Duterte administration will no longer accept proposals to construct new coal power plants, a dramatic shift in energy policy that counts on declining costs of renewables to attract clean power investments.

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by Atty. Josephus B. Jimenez (The Freeman), 26 Oct 2020 The answer is no, as a general rule, especially for women workers. There are exceptions though that are applicable to men and I shall explain them below. Women cannot be dismissed due to marriage or for getting pregnant. Both the law and public policy, as…

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by Lawrence Agcaoili (The Philippine Star), 26 Oct 2020 MANILA, Philippines — The projected two percent decline in remittances from overseas Filipino workers (OFWs) due to the COVID-19 pandemic may have minimal impact on the economy, according to the Bangko Sentral ng Pilipinas.

by Czeriza Valencia (The Philippine Star), 26 Oct 2020 MANILA, Philippines — Economic output in emerging Asia hit worst by COVID-19 like the Philippines is expected to remain up to 15 percent below pre-pandemic level in the near term, according to the macroeconomy research firm Capital Economics.

PHILEX MINING CORP$PX – 2-day suspension of ops – COVID outbreak at Pascale site– PX will close for at least two days to implement “measures to minimize risk of transmission”– 1,000 emps and family exposed– Early testing @ 9.5% positive rate — Merkado Barkada (@MerkadoBarkada) October 26, 2020

by Mayen Jaymalin (The Philippine Star), 26 Oct 2020 MANILA, Philippines — The deployment of Filipino construction workers abroad is going full blast, according to the Philippine Overseas Employment Administration.

by Edu Punay (The Philippine Star), 26 Oct 2020 MANILA, Philippines — More than 14,000 employees of the Ninoy Aquino International Airport stand to lose their jobs amid the proposed rehabilitation of the NAIA.

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by Edu Punay (The Philippine Star), 25 Oct 2020 MANILA, Philippines — The House of Representatives has increased by P6 billion the financial assistance fund for workers and poor families affected by the COVID-19 pandemic in the 2021 General Appropriations Bill (GAB).

(Philstar.com), 25 Oct 2020 MANILA, Philippines — Three government agencies signed a joint advisory Sunday urging businesses and local governments to look into staggering work shifts and eased curfew schedules, respectively, as the national government looks to further open up the nation’s economy after months of community quarantine.

by Lawrence Agcaoili (The Philippine Star), 25 Oct 2020 MANILA, Philippines — Recovery prospects for tourism and business travel remain bleak as international travel restrictions are still broadly in place amid the coronavirus disease 2019 (COVID-19) pandemic, British banking giant HSBC said.

by Emmanuel Tupas (The Philippine Star), 25 Oct 2020 MANILA, Philippines — A court in Taguig City has sentenced a woman to serve up to 40 years in prison for the online sexual exploitation of her relatives.

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by Lawrence Agcaoili (The Philippine Star), 24 Oct 2020 MANILA, Philippines —Only 20 percent of the 7.6 million senior citizens in the country are covered by either the Government Service Insurance System (GSIS) or Social Security System (SSS), the Bangko Sentral ng Pilipinas (BSP) said.

by Lawrence Agcaoili (The Philippine Star), 24 Oct 2020 MANILA, Philippines — Foreign borrowings by the national government surged by 44.2 percent to $13.14 billion in the nine months to September as the country turned to the offshore debt market for more funds to bankroll key infrastructure projects and to control the COVID-19 pandemic.

(The Philippine Star), 24 Oct 2020 MANILA, Philippines — The Dr. Jose Fabella Memorial Hospital has suspended admissions and laboratory services after eight of its medical staff tested positive for COVID-19, an official said yesterday.

by Roy Stephen C. Canivel, Philippine Daily Inquirer, 24 Oct 2020 The government is encouraging businesses to adopt staggered work shifts to help decongest roads, but the manner by which this will be done will be left entirely on the shoulders of the private sector.

by Roy Stephen C. Canivel, Philippine Daily Inquirer, 24 Oct 2020 A Japanese company is investing P230 million in the Philippines for an automotive wiring harness and components manufacturing facility, the Board of Investments (BOI) said.

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by Rosette Adel (Philstar.com), 23 Oct 2020 MANILA, Philippines— The Board of Trustees of the Philippine Retirement Agency, an attached agency of the Department of Tourism, on Friday announced the suspension of issuance of the Special Retirees Residence Visa (SRRV) pending a review and possible amendments.

by Dona Z. Pazzibugan, Nestor Corrales, Philippine Daily Inquirer, 23 Oct 2020 More than half million overseas Filipino workers (OFWs) were displaced by the pandemic abroad while an estimated 1.1 million more were unable to resume or start working overseas since January, official figures showed.

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By Sharon Singleton, 23 Oct 2020 With much of the noise this week coming from the shenanigans downunder at the Crown Resorts inquiry, it would have been easy to miss more signs of trouble for Philippines Offshore Gaming Operators (POGOs.)

by Iris Gonzales, 23 Oct 2020 Indeed, thousands of square meters of office space are now vacant with no hope of being filled up in the near future due to COVID-19 fears and tax policies viewed as unfavorable by most POGO operators and their service providers.

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