Monthly Archives: November 2021

The 25 wealthiest families added $312 billion to their collective fortunes, a 22% gain since last August. — Bloomberg (@business) November 30, 2021

by Elijah Felice Rosales – The Philippine Star, 30 Nov 2021 MANILA, Philippines — The Department of Finance (DOF) has warned that putting up a microfinance cooperative in each barangay nationwide will harm the country’s fiscal standing due to the tax incentives that will be given out.

by The Philippine Star, 29 Nov 2021 MANILA, Philippines — The number of Filipino families who classified themselves as poor decreased from an estimated 12 million in June 2021 to around 11.4 million in September 2021.

by ABS-CBN News, 29 Nov 2021 MANILA — The Technical Education and Skills Development Authority (TESDA) said Monday it opened more courses in its online training platform as part of efforts to expand the program.

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by Louella Desiderio – The Philippine Star, 28 Nov 2021 MANILA, Philippines — The Department of Trade and Industry (DTI) expects the country’s merchandise exports to exceed this year’s target of $55.8 billion given the positive performance of products being shipped overseas.

by Louise Maureen Simeon – The Philippine Star, 28 Nov 2021 MANILA, Philippines — The Philippine economy may return to pre-crisis levels earlier than expected as key economic sectors enjoy significant improvements following the continued easing of mobility restrictions.

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By: Doris Dumlao-Abadilla – Reporter, Philippine Daily Inquirer, 26 Nov 2021 The office vacancy rate in Metro Manila may hit new highs in 2022 with the influx of new supply from property developers, according to property consulting firm KMC Savills. In its third quarter property report, KMC Savills noted that the office vacancy rate in…

by Lawrence Agcaoili – The Philippine Star, 26 Nov 2021 MANILA, Philippines — The Philippines is on its way to becoming the fastest growing economy in Southeast Asia next year as it continues to gradually recover from the pandemic-induced recession, Malaysian financial giant Maybank said.

by Danessa Rivera – The Philippine Star, 26 Nov 2021 MANILA, Philippines — AC Energy Corp. (ACEN) is removing oil exploration and mining in its primary and secondary purposes in line with the company’s goal to achieve net zero emissions by 2050.

by Mayen Jaymalin – The Philippine Star, 26 Nov 2021 MANILA, Philippines — Employers requiring their workers to get vaccinated or undergo swab tests face legal action, the country’s largest labor coalition warned on Wednesday.

by ABS-CBN News, 26 Nov 2021 MANILA – The Bangko Sentral ng Pilipinas on Friday said it has maintained credit card transaction ceilings set last year, including the maximum interest for outstanding balance at 2 percent per month.

by The Philippine Star, 25 Nov 2021 MANILA, Philippines — Top Philippine economists outlined key economic reforms and emphasized the importance of public-private partnerships, and the choice of good, competent leaders as critical to sustaining post-pandemic economic recovery during the launch of the weeklong 6th Pilipinas Conference 2021 online sessions of the Stratbase Albert del…

by Louella Desiderio – The Philippine Star, 25 Nov 2021 MANILA, Philippines — The Department of Trade and Industry (DTI) is pushing for greater cooperation with other countries in the Association of Southeast Asian Nations (ASEAN), as well as with the European Union in promoting the digital economy.

by Alexis Romero – Philstar.com, 25 Nov 2021 MANILA, Philippines — Malacañang on Thursday vowed to sustain its drive for a clean government after the Philippines got a “modest” rating in a global assessment of corruption risks in state defense institutions.

by Gaea Katreena Cabico – Philstar.com, 24 Nov 2021 MANILA, Philippines — Government officials and employees who will not report for work due to COVID-19 vaccination may be considered excused, the Civil Service Commission said Wednesday. “Absence from work during the day of inoculation of the first and second dose of COVID-19 vaccine, including future…

By Keren Concepcion G. Valmonte, Reporter, 24 Nov 2021 OFFICE SPACES in Alabang, Muntinlupa, and the Bay Area in Pasay City have experienced high vacancy rates after offshore gaming operators who are mostly from China decided not to renew their leases amid higher taxes next year.

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by Louise Maureen Simeon – The Philippine Star, 23 Nov 2021 MANILA, Philippines — The Regional Comprehensive Economic Partnership (RCEP) is seen providing the Philippines an additional $7 billion in exports by 2030 even amid trade uncertainties.

by Tony F. Katigbak – The Philippine Star, 23 Nov 2021 As we wind down 2021, our sights are already set on 2022. It feels like the past two years went by in a blur, and while it felt long, it also feels like the blink of an eye. Here we are on the precipice…

by Elijah Felice Rosales – The Philippine Star, 23 Nov 2021 MANILA, Philippines — Revenues from tobacco products fell two percent in 10 months to October this year, as pandemic restrictions hindered the conduct of raids against makers and distributors of illicit cigarettes.

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by Alexis Romero – Philstar.com, 22 Nov 2021 MANILA, Philippines — President Rodrigo Duterte has ordered all state agencies to support the national vaccination drive from Nov. 29 to Dec. 1, Malacañang said Monday, as it urged unvaccinated persons to avail of the jabs to protect their families from COVID-19.

by Elijah Felice Rosales – The Philippine Star, 22 Nov 2021 MANILA, Philippines — The Department of Finance (DOF) said while it expects additional P57 billion revenue yearly from the imposition of wealth taxes, it warned that the legislation of such a measure could provoke capital flight and tax avoidance.

NEDA: The NAP-4 scorecard measures conditions on the ground versus the Philippines' own pandemic-related targets. This should give the public an alternative to the Nikkei and Bloomberg indices which measure countries against each other without considering domestic circumstances. pic.twitter.com/ynLfRi7Q3l — Warren de Guzman (@wddeguzman) November 22, 2021

Quarantine rules/periods po for returning fully vaxxed/non-fully vaxxed OFWs: pic.twitter.com/z5UWWWy4k1 — hans leo j. cacdac (@HansLeoCacdac) November 22, 2021

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