Monthly Archives: November 2020

by Christina Mendez (The Philippine Star), 12 Nov 2020 MANILA, Philippines — The economy is on its way to recovery from the scourge of the pandemic and its contraction of 11.5 percent in the third quarter is a welcome improvement, according to Finance Secretary Carlos Dominguez III.

by Harris Julio, ABS-CBN News, 12 Nov 2020 Patay ang isang nurse nang maaksidente ang sinasakyang ambulansiya sa national highway sa bayan ng Penablanca, Cagayan nitong Huwebes ng umaga.

Read more here.

Read more here.

Read more here.

by RONALD O. REYES, SunStar, 11 Nov 2020 A FORMER child combatant filed a case for human trafficking against two alleged members of the New People’s Army (NPA) who recruited him to join the movement.

by Jigger J. Jerusalem, Philippine Daily Inquirer, 11 Nov 2020 CAGAYAN DE ORO CITY, Misamis Oriental, Philippines — The local government of Valencia City in Bukidnon province ordered the temporary closure of a mall after one of its workers tested positive for the new coronavirus disease (COVID-19) and infected 18 others.

by Daxim L. Lucas, 11 Nov 2020, Philippine Daily Inquirer MANILA, Philippines—Bank lending slowed further in September, the sixth consecutive month of deceleration for this key economic gauge of economic activity, as financial institutions continued to be gun shy on underwriting new loans during the COVID-19 pandemic.

Read more here.

Read more here.

Read more here.

By Ian Nicolas Cigaral (Philstar.com), 10 Nov 2020 MANILA, Philippines — The Duterte administration’s hesitation to deliver a fiscal bazooka to the economy is showing, derailing even the much heralded infrastructure program and exhausting private sector confidence to spend for a convincing bounce-back.

by Xave Gregorio (Philstar.com), 10 Nov 2020 MANILA, Philippines — The House of Representatives will fast track measures lobbied for by the finance department aimed at reviving the economy badly hit by the coronavirus pandemic, including a proposal to impose a 12% tax on digital transactions.

by Ben O. de Vera, Philippine Daily Inquirer, 10 Nov 2020 MANILA, Philippines — As most areas in the Philippines remained under prolonged COVID-19 quarantine, the economy again contracted in the third quarter as expected, although at a slower pace of 11.5 percent year-on-year compared to the record 16.9-percent fall during the second quarter.

By Cai Ordinario, Businessmirror, 10 Nov 2020 File photo: A young girl climbs down from their passenger jeepney at the Tandang Sora terminal, which has been home for her family during a lockdown, June 17, 2020, in Quezon City. About 35 jeepney drivers were forced to stay due to travel restrictions and have made jeepneys…

by Czeriza Valencia (The Philippine Star), 10 Nov 2020 MANILA, Philippines — Economic output in the second quarter was found to have declined at a faster rate of 16.9 percent from preliminary estimates of 16.5 percent, the Philippine Statistics Authority (PSA) reported yesterday.

by Louella Desiderio (The Philippine Star), 10 Nov 2020 MANILA, Philippines — Local vehicle and motorcycle production and sales were down from January to September, with demand still affected by the pandemic.

Read more here.

Read more here.

Read more here.

By Samuel Medenilla, Businessmirror, 9 Nov 2020 The next round of distribution of the Department of Labor and Employment’s (DOLE) cash aid for overseas Filipino workers displaced by the pandemic is expected to start this week.

Read more here.

by Lourdes O. Pilar, BusinessWorld, 9 Nov 2020 THE COUNTRY’S factory output contracted for the seventh straight month in September, the Philippine Statistics Authority (PSA) reported on Thursday.

Read more here.

by Marje Pelayo, 9 Nov 2020 MANILA, Philippines — The Bureau of Immigration (BI) on Sunday (November 8) warned Filipinos departing the country to be vigilant against human traffickers who take advantage of the recent easing of travel restrictions.

(The Philippine Star), 8 Nov 2020 MANILA, Philippines — Businesses worldwide believe the current pace of global economic recovery may not be sustained in the short term due to repeated pandemic waves, results of a survey conducted by Oxford Economics showed.

By: Ben O. de Vera, Philippine Daily Inquirer, 7 Nov 2020 The Bureau of Internal Revenue (BIR) collected P134.4 billion in taxes in October, exceeding the month’s downscaled goal albeit still lower than last year’s take amid a pandemic-induced recession.

by Mary Grace Padin (The Philippine Star), 7 Nov 2020 MANILA, Philippines — State-run Social Security System (SSS) has granted a moratorium on the payment of loans for the months of October and November to provide relief to its members amid the coronavirus pandemic.

by Romina Cabrera (The Philippine Star), 7 Nov 2020 MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) officially rolled out yesterday its new subsidy program to aid an estimated 60,000 public utility vehicle (PUV) drivers affected by the COVID-19 pandemic.

by Christina Mendez (The Philippine Star), 7 Nov 2020 MANILA, Philippines — Close contacts of persons believed to have contracted COVID-19 are mandated to complete their 14-day quarantine in isolation facilities, the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) said yesterday.