Monthly Archives: October 2020

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by Bobit S. Avila (The Philippine Star), 20 Oct 2020 The Island of Cebu was dubbed by the Conde Nast magazine as the Best Island in Asia, besting Boracay, the holder of the title for many years. I call it an add-on to last year’s grandiose Tourism Growth for Region-7. This is great news for…

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by Leslie Aquino, Manila Bulletin, 20 Oct 2020 With millions of workers displaced by the coronavirus disease (COVID-19) pandemic, an official of the Department of Labor and Employment has expressed concern that the health crisis might force more children to work.

by Daxim L. Lucas, Philippine Daily Inquirer, 20 Oct 2020 MANILA, Philippines — The central bank is urging Congress to prioritize several pending bills which, it said, would buttress the country’s chances of staging a strong economic recovery next year once the effects of the ongoing coronavirus pandemic wanes.

by Agence France-Presse, 20 Oct 2020 Beijing, China — China’s super-wealthy have earned a record $1.5 trillion in 2020, more than the past five years combined, as e-commerce and gaming boomed during pandemic lockdowns, an annual rich list said Tuesday.

by INQUIRER.net, 20 Oct 2020 MANILA, Philippines — Rigorous government enforcement actions against illicit cigarette trade bared interlocking ties among companies that were subject of a series of raids and seizures.

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October 29 is Global Day of Action: #InvestInCare NOW! Stay safe! Wear mask. Wash hands. Physical distancing. Invest in quality #public heath! Health and care central to our well being. #CAREday20

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by Ben O. de Vera, Philippine Daily Inquirer, 19 Oct 2020 Despite high COVID-19 cases and a prolonged quarantine, the Philippines’ solid macro fundamentals prepandemic remain attractive to foreign investors, the Department of Finance (DOF) said.

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by Iris Gonzales (The Philippine Star), 19 Oct 2020 MANILA, Philippines — The country’s property sector is bracing for the continuing exodus of Philippine Offshore Gaming Operators (POGOs) and their service providers as almost 300,000 square meters or 17 percent of total office space will be vacant by yearend, said property analyst David Leechiu.

by Helen Flores (The Philippine Star), 19 Oct 2020 MANILA, Philippines — Nearly half of Filipino adults find the government’s assistance to the jobless amid the COVID-19 crisis “inadequate,” according to a recent mobile phone survey conducted by the Social Weather Stations (SWS).

by Ben O. de Vera, Philippine Daily Inquirer, 18 Oct 2020 MANILA, Philippines — The special allowances and hazard pay of health and medical professionals in the fight against COVID-19 will not be taxed as long as the country is under a state of national emergency.

by Ben O. de Vera, Philippine Daily Inquirer, 18 Oct 2020 MANILA, Philippines — Amid the prolonged COVID-19 pandemic, the Social Security System (SSS) has again given employers and the self-employed some more time or until Dec. 1 to remit their mandatory employee contributions to the state-run pension fund.

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by Sheila Crisostomo (The Philippine Star), 18 Oct 2020 MANILA, Philippines — Two weeks after classes started under the distance learning system in public schools, an expert from the Philippine Psychiatric Association (PPA) is already seeing signs of mental stress among students and their parents.

by (Philstar.com), 17 Oct 2020 MANILA, Philippines — The Department of Justice released Saturday to the public the Anti-Terrorism Act of 2020’s implementing rules and regulations, which seeks to further clarify provisions in the controversial law which has been criticized for being overbroad.

by Daxim L. Lucas, Philippine Daily Inquirer, 17 Oct 2020 The central bank remains upbeat on the prospects of dollar remittances from the Philippines’ estimated 10 million expatriates, including 2.2 million contract workers, despite the pandemic-induced slowdown this year.

by Ben O. de Vera, Philippine Daily Inquirer, 17 Oct 2020 The recent tax measures introduced to shore up government revenues took a hit from the pandemic-induced recession, resulting in a lower take thus far, the Development Budget Coordination Committee (DBCC) said.

by Agence France-Presse, 16 Oct 2020 Pandemic restrictions saw an unprecedented fall in greenhouse gas emissions in the first half of 2020 — larger than during the 2008 financial crisis and even World War II — experts said Wednesday.

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by Agence France-Presse, 16 Oct 2020 COPENHAGEN, Denmark — European countries have unveiled tough new measures to try to curb a surge in coronavirus infections which the World Health Organization warned Thursday is of “great concern”.

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by Roy Stephen C. Canivel, Philippine Daily Inquirer, 15 Oct 2020 MANILA, Philippines — Mining company OceanaGold Corp. has laid off nearly 500 workers on Wednesday, more than a year after the government held off on the approval of its mining contract in Luzon.