Monthly Archives: July 2021

by RANDELL TIONGSON, 21 Jul 2021 Question: How should we do personal financial planning based on our culture? Unlike the west, we heavily support family members. Mike via Facebook Answer: I have been a student and a teacher of financial planning for many years and it is true that we do things very differently here…

by Louise Maureen Simeon (The Philippine Star), 21 Jul 2021 MANILA, Philippines — Manila-based Asian Development Bank (ADB) is keeping its economic growth outlook for the Philippines at 4.5 percent this year amid a sea of downgrades in Southeast Asia due to the resurgence of COVID-19 cases.

by Philippine Daily Inquirer, 20 Jul 2021 Disputing President Duterte’s claim that his government had “taken away the misery of public commuting,” a group advocating sustainable mobility said the country remained “plagued by a system-wide public transport shortage that had been made worse by the pandemic” and that commuters continued to face ‘dehumanizing’ conditions on…

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Reuters, 20 Jul 2021 GENEVA — Women have been hit harder than men by job losses around the world due to the COVID-19 pandemic, and only men’s employment is likely to recover this year to 2019 levels, the International Labour Organization (ILO) said on Monday. Women have been at greater risk of lay-offs or reduced…

by Cielito F. Habito, 20 Jul 2021 Will next year’s presidential election boost our economy’s recovery from the deepest slump seen in our part of the world as a result of the ongoing pandemic? Based on our historical experience, there appears to be reason to expect so. Will the coming election year be any different?

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by Alvin G. Jacobo (The Philippine Star), 20 Jul 2021 Heraclitus was quoted saying that the only constant in life is change. Many of us fear change as it causes worries and uncertainties in all aspects of life, whether it be big or small, happy or sad, life-changing or mundane, welcome or unwelcome. The worries…

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by Louella Desiderio (The Philippine Star), 19 Jul 2021 MANILA, Philippines — Japanese electronics and medical device makers are looking to invest over $3 billion for expansion projects in the Philippines, but have cited some operational and fiscal bottlenecks.

by Rudy Santos, Evelyn Macairan (The Philippine Star), 19 Jul 2021 MANILA, Philippines — The Bureau of Immigration (BI) recently prevented from leaving the country four female overseas Filipino workers (OFWs) who were reportedly recruited to work as domestic helpers in Dubai.

by Sara Soliven De Guzman (The Philippine Star), 19 Jul 2021 The reality that we face today in the field of education is daunting. Last year, Save the Children organization warned us of an “unprecedented global education emergency,” where more than 1 billion children around the world are out of school due to the pandemic…

MANILA – Senator Win Gatchalian warned financial service providers anew, including online lending platforms, against continuing with their abusive debt collection practice, as he vowed to pursue the legislation criminalizing such acts.

by Artemio Dumlao (The Philippine Star), 18 Jul 2021 BAGUIO CITY, Philippines — Not only police trainees but also Bureau of Fire Protection (BFP) personnel undergoing training in this city have tested positive for COVID-19.

By Patricia Denise M. Chiu, 18 Jul 2021 More than 300 journalists across the country have signed a pledge to provide fact-based reporting and help guard the integrity of the 2022 national and local elections.

by Mahar Mangahas, 17 Jul 2021 I n the latest SWS poverty report, for May 2021, half of all families in the Philippines feel Poor, one-third of them feel Borderline Poor, and only one-sixth say they are Not Poor. This is essentially unchanged from the previous report, for November 2020, upon resumption of SWS face-to-face/visual…

by Louise Maureen Simeon (The Philippine Star), 16 Jul 2021 MANILA, Philippines — The Philippines should expedite the passage of key reform measures that would boost foreign direct investments (FDIs) and aid the country in its long-term recovery from the pandemic, the World Bank said.

by Edith Regalado (The Philippine Star), 16 Jul 2021 DAVAO CITY, Philippines — A lawyer and her husband were gunned down in front of their house in an upscale subdivision in this city on Wednesday.

by Louella Desiderio (The Philippine Star), 15 Jul 2021 MANILA, Philippines — Business groups want the Bureau of Internal Revenue (BIR) to repeal the imposition of 12 percent value-added tax (VAT) on local purchases of exporters and indirect exports, saying its implementation may lead to job losses and discourage investments in the country.

by Louella Desiderio (The Philippine Star), 15 Jul 2021 MANILA, Philippines — Over 80 percent of employees in Southeast Asia prefer remote work even after pandemic restrictions are lifted, according to a survey conducted by global professional services organization EY.

by Richmond Mercurio (The Philippine Star), 15 Jul 2021 MANILA, Philippines — A majority of aviation executives in Asia-Pacific see travel resuming to pre-pandemic levels after 2023.

by Emmanuel Tupas (The Philippine Star), 15 Jul 2021 MANILA, Philippines — Police apprehended 41 suspected members of a cybersex ring in separate operations in Valenzuela City and Batangas on Monday.

By: Doris Dumlao-Abadilla, Philippine Daily Inquirer, 15 Jul 2021 After a rough start this year, the Philippine economy is seen regaining lost ground and is likely to attain a full-year growth of 5-6 percent, in turn perking up corporate earnings and stock prices.

by Pacifico Veremundo, 15 Jul 2021 Given the high correlation between reading literacy and achievement in other subjects, the finding contained in the controversial World Bank report on the state of Philippine education that one in every four Grade 5 students could not read like a Grade 2 or 3 (“80% of PH kids don’t…

By Ben O. de Vera, 15 Jul 2021 With more imported pork and rice coming in, the Department of Finance (DOF) sees an end to elevated food inflation this month.

By Marielle Medina and Cathy Cañares Ya, 15 Jul 2021 (Second of a series) Vowing to fight terrorism in his first State of the Nation Address (Sona), President Duterte drew suspicion about his motives when he signed the controversial Anti-Terorrism Act last year. For early in his term, he wooed the support of leftist groups…

BREAKING: Billionaires have gotten $1.8 trillion richer, nearly all tax-free, since the pandemic began. Don't tell us we can't afford a bold reconciliation package that invests at least $4 trillion in jobs and families, paid for by fairer taxes on the rich and corporations. pic.twitter.com/FCj5evDZbV — Americans For Tax Fairness (@4TaxFairness) July 14, 2021

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By: Tetch Torres-Tupas, INQINQUIRER.net, 14 Jul 2021 MANILA, Philippines – Labor group Kilusang Mayo Uno (KMU) has asked the National Bureau of Investigation (NBI) to identify the people behind several social media posts that tagged them and other cause-oriented organizations as part of the communist group.