Monthly Archives: August 2021

By Jenina P. Ibañez, Reporter, 31 Aug 2021 RETAILERS are asking for expedited vaccine deliveries as the industry is running out of cash reserves after three major lockdowns since March 2020.

by Louise Maureen Simeon – The Philippine Star, 31 Aug 2021 MANILA, Philippines — The government plans to review existing policies and regulations surrounding the country’s housing industry to sustain gains and improve the sector.

by The Philippine Star, 31 Aug 2021 MANILA, Philippines — The Social Security System (SSS) reminds all employers, registered and unregistered, to be compliant with their legal obligations to their employees, regardless of employment status, to avoid penalty and imprisonment under the provisions of Republic Act 11199 or the Social Security Act of 2018.

by Ranier Allan Ronda – The Philippine Star, 31 Aug 2021 MANILA, Philippines — Public school teachers yesterday bewailed the Department of Education (DepEd)’s conduct of a one-week virtual training for mentors before the opening of remote learning in public schools on Sept. 13.

BY CAI ORDINARIO, 30 Aug 2021 MAJORITY of young Filipinos who lost their jobs in 2020 were working in only seven out of 35 sectors, according to the Asian Development Bank (ADB).

by Danessa Rivera – The Philippine Star, 30 Aug 2021 MANILA, Philippines — The Southeast Asian region stands to reap $12.5 trillion in economic gains by 2070 if they pursue bold actions to achieve low-emission economies, according to the latest report of global professional services firm Deloitte.

by Louella Desiderio – The Philippine Star, 30 Aug 2021 MANILA, Philippines — The country’s contact center sector expects to sustain its revenue growth despite the strict lockdown imposed earlier this month to contain the pandemic, as the sector benefits from hybrid work and increased vaccine rollout.

by Lawrence Agcaoili – The Philippine Star, 30 Aug 2021 MANILA, Philippines — The Philippines remains a laggard in the Association of Southeast Asian Nations (ASEAN) in terms of real gross domestic product (GDP) growth despite the strong double-digit expansion in the second quarter of the year, according to the DBS Bank Ltd. of Singapore.

by Marc Jayson Cayabyab – The Philippine Star, 30 Aug 2021 MANILA, Philippines — At least 34 senior citizens were transferred yesterday from the Hospicio de San Jose to the nearby Adamson University isolation facility to decongest the number of elderly and children confined in the shelter for COVID-19.

by Danessa Rivera – The Philippine Star, 30 Aug 2021 MANILA, Philippines — International concessional financing and private sector investment are critical in the phase out of coal developments in Asian countries, including the Philippines, which still has a heavy pipeline of fossil fuel-based plants, according to an official of the World Bank Group. “Private…

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by Artemio Dumlao – The Philippine Star, 28 Aug 2021 MANILA, Philippines — The Bureau of Internal Revenue is being urged to hold a dialogue with influencers and other digital workers, such as Axie players, before imposing another tax burden.

By Mayvelin U. Caraballo, 28 Aug 2021 JAPAN’S global investment bank Nomura has tagged the Philippines as one of the “troubled 10” in emerging markets (EM) amid the potential of normalizing monetary policy in the United States and China’s weakening economy.

By: Mahar Mangahas, Philippine Daily Inquirer, 28 Aug 2021 The participation of academics at international conferences hasn’t slackened in this time of pandemic. It has merely changed its mode, with the research papers now presented virtually, like by Zoom, instead of face to face. There is no more foreign travel, which lessens both the financial…

Additional source of funds for gov’t fight vs pandemic By: Daxim L. Lucas, Philippine Daily Inquirer, 28 Aug 2021 The country’s gaming regulator will lift a moratorium on the establishment of new casinos three years after it was put in place by President Duterte, after the Chief Executive said the government needed new sources of…

by Elijah Felice Rosales – The Philippine Star, 28 Aug 2021 MANILA, Philippines — The government expects income from Philippine offshore gaming operators (POGOs) to plunge to P4 billion this year as most of them have relocated to other Southeast Asian countries at the height of the pandemic.

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By Beatrice M. Laforga, 27 Aug 2021 The Philippines should brace for a credit rating downgrade next year after Fitch Ratings adjusted its outlook to negative from stable on dimming growth prospects, an economist from ING Bank N.V. Manila said.

By Ruben D. Torres, Manila Times, 27 Aug 2021 THE acceptance by President Duterte of the Partido Demokratiko Pilipino-Lakas ng Bayan (PDP-Laban) nomination for him to run as vice president and choose his presidential running mate in next year’s election definitely changes all previous political equations. Indeed, it can be a real game changer.

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by Miguel Louis Galang – Philstar.com, 27 Aug 2021 Alex, 28, works a day job as an interior designer for an architectural firm. In between, she moonlights as a mural artist, having painted for various establishments like malls and restaurants.

by Louise Maureen Simeon – The Philippine Star, 27 Aug 2021 MANILA, Philippines — The Philippine economy will have to wait until late next year to see a return to its pre-crisis levels as the pandemic continues to put a drag on the country’s much-needed rebound.

by Mayen Jaymalin – The Philippine Star, 27 Aug 2021 MANILA, Philippines — Amid the rising number of COVID-19 patients, St. Luke’s Medical Center (SLMC) in Bonifacio Global City in Taguig is reportedly struggling in attending to patients after some of its health care workers have resigned.

by Marc Jayson Cayabyab – The Philippine Star, 27 Aug 2021 MANILA, Philippines — At least 100 medical personnel of the Philippine General Hospital (PGH) have been infected with COVID-19 despite being vaccinated, but most of them showed mild symptoms of the disease.

by Alexis Romero, Romina Cabrera – The Philippine Star, 27 Aug 2021 MANILA, Philippines — Malacañang wants the Department of Information and Communications Technology (DICT) to explain why the health department thinks that the StaySafe application had very limited effect on COVID-19 contact tracing efforts.

by Louise Maureen Simeon, The Philippine Star, 27 Aug 2021 MANILA, Philippines — Economic losses due to lockdown measures in Metro Manila and nearby provinces have gone down to P74 billion per week and may decline further to as low as P8 billion if restrictions are fully relaxed.

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