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By Samuel P. Medenilla, BusinessMirror, 30 Jul 2020 The government is now over 30 percent complete in its target to remove 650,000 child laborers from hazardous work by 2022, according to the Department of Labor and Employment (DOLE).
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LOOK: @DepEd_PH reaches their target number of enrollees at over 22M, or 80% of last year’s enrollment. Enrollment in public schools stand at 20.84M or 92.3% while private schools at 1.35M or 31.1% | via @Jasmin_Romero pic.twitter.com/lKk1qgybtu — ABS-CBN News (@ABSCBNNews) July 29, 2020
by Jeffrey Damicog, Manila Bulletin, 29 Jul 2020 The Inter-Agency Council Against Trafficking (IACAT) has launched a digital management system that allows the tracking of cases involving overseas Filipino workers (OFWs) and coordinated action among government agencies.
by Lawrence Agcaoili (The Philippine Star), 29 Jul 2020 MANILA, Philippines — A large drop in remittances from overseas workers due to the pandemic-induced global economic slump would hurt consumption in the Philippines and other major recipient countries, according to US-based credit rating agency Moody’s Investor Service.
By Carlo Atienza, BusinessMirror, 29 Jul 2020 FOR a country known for its call centers, it is disappointing to see local industries lacking customer service. Take the case of the utility providers now facing multiple complaints for their exorbitant charges; or the telecommunications and Internet service providers which have circuitous processes for customers seeking remedies,…
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by Gabriel Pabico Lalu, Philippine Daily Inquirer, 28 Jul 2020 MANILA, Philippines — Most Metro Manila families affected by the COVID-19 lockdowns cited their respective local government units (LGUs) as the top source of financial assistance, a recent survey has shown.
by Prinz Magtulis (Philstar.com), 28 Jul 2020 MANILA, Philippines — Developers are facing up to 30% drop on sales this year as the pandemic not only weakens demand for property, but also stalls new projects in one of the Philippines’ booming economic sectors.
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by Ghio Ong, Ralph Edwin Villanueva (The Philippine Star), 28 Jul 2020 MANILA, Philippines — The chief of the Pateros health department succumbed to the coronavirus disease 2019 (COVID-19) yesterday.
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by Daxim L. Lucas, Philippine Daily Inquirer, 27 Jul 2020 No thanks to the ongoing COVID-19 pandemic, Philippine banks tightened their loan standards unequivocally for the first time in the 11 years that the Bangko Sentral ng Pilipinas (BSP) has been surveying senior loan officers to gauge their appetite for lending.
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by Ben O. de Vera, Philippine Daily Inquirer, 27 Jul 2020 MANILA, Philippines – The Philippines’ gross domestic product (GDP) likely slid by almost a fifth year-on-year during the second quarter at the height of the longest and most stringent coronavirus disease 2019 (COVID-19) lockdown in the region, London-based Capital Economics said.
by Doris Dumlao-Abadilla, Philippine Daily Inquirer, 27 Jul 2020 Investors may have to wait until next year to see a recovery in the main stock index to 7,000 as economic fallout from the coronavirus (COVID19) pandemic casts doubt on the sustainability of the market’s recent rebound.
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by Ben O. de Vera, Philippine Daily Inquirer, 25 Jul 2020 The research arm of debt watcher Moody’s on Friday said that while Asia-Pacific as a whole was already leading global economic recovery, the Philippines’ COVID-19 lockdown—now the longest and most stringent in the region—would be a drag to the domestic economy.
by Cherry Ann Lim, Sunstar, 25 July 2020 Filipino children most appealing to global online sex predators (1st of 2 parts) MARA* (real name withheld) was only 11 years old when her female cousin Jade first livestreamed her sexual abuse for a paying customer abroad. Jade’s male live-in partner also sexually abused Mara.
By Melissa Luz Lopez, CNN Philippines, 24 Jul 2020 Metro Manila (CNN Philippines, July 24) — The Philippines will have trouble returning to its above-6 percent growth track in the next two years in the absence of strong spending to perk up economic activity, a bank analyst said Friday.
By ANNA LEAH E. GONZALES, Manila Times, 24 Jul 2020 The Asian Development Bank (ADB) expects the country’s gross domestic product to contract by as much as 5.3 percent this year, although it says there are encouraging signs that the worst may be over for the economy.
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