by Associated Press, 24 Jun 2020 WASHINGTON — The International Monetary Fund (IMF) has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago.
by Ben O. de Vera, Philippine Daily Inquirer, 24 Jun 2020 The International Monetary Fund (IMF) has further downgraded its economic outlook for the Philippines, with the Washington-based multilateral lender projecting gross domestic product (GDP) to shrink by 3.6 percent this year.
by Christia Marie Ramos, Philippine Daily Inquirer, 24 Jun 2020 MANILA, Philippines — The Department of Labor and Employment (DOLE) is seeing a decrease in remittances from overseas Filipino workers (OFWs) by up to 40 percent or around $13 billion this year as the world reels from the coronavirus pandemic.
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By: Karl R. Ocampo, Tonette Orejas, Philippine Daily Inquirer, 23 Jun 2020 MANILA, Philippines — The P1.8-billion fertilizer supply deal of the Department of Agriculture (DA) under its COVID-19 response program is not only overpriced but has also forced farmers to turn to loan sharks, former Agrarian Reform Secretary Rafael Mariano said on Monday.
Transport groups operating these vehicles, along with other advocacy groups, cite the urgency of restoring their livelihood and the public demand for mass transportation and criticize the government priority on private vehicles. By: Dexter Cabalza, Leila B. Salaverria, Matthew Reysio-Cruz, Philippine Daily Inquirer, 23 Jun 2020 MANILA, Philippines — Drivers and operators of UV Express…
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By Arjay L. Balinbin, Reporter, Businessmirror, 22 Jun 2020 ABOUT 14,000 workers of provincial bus firms have lost their jobs due to operational restrictions, according to bus operators, warning that another 10,000 may be let go because of the implementation of cashless fare systems.
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by Katrina Domingo, ABS-CBN News, 22 Jun 2020 MANILA – Sen. Imee Marcos on Monday urged the Department of Labor and Employment (DOLE) to investigate alleged labor violations in call centers, saying she received reports that several agents have not received their salaries during the coronavirus disease 2019 (COVID-19) pandemic.
By Samuel P. Medenilla & Recto Mercene, BusinessMirror, 22 Jun 2020 OVERALL deployment of newly hired overseas Filipino workers (OFWs) was cut by more than half this year because of the Covid-19 crisis.
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By: Rosalie O. Abatayo, CDN Digital, 22 Jun 2020 Stop Sexual abuse Concept, stop violence against Women, international women’s day CEBU CITY, Philippines — A group of non-government organizations (NGOs) has called on the government to “empower, protect and immediately respond” to the needs of girls and young women amid the high number of cases…
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by ABS-CBN News, 22 Jun 2020 MANILA — Some 14,000 workers of provincial bus firms have lost their jobs due to coronavirus quarantines, a transport leader said Monday.
by Neil Jayson Servallos (The Philippine Star), 22 Jun 2020 MANILA, Philippines — The more relaxed quarantine measures imposed at the beginning of the month also ushered in an increase in the reporting of domestic violence, the Philippine National Police (PNP) said.
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by Czeriza Valencia (The Philippine Star), 21 Jun 2020 MANILA, Philippines — Economic recovery in the Philippines will likely be among the slowest in Asia because of prolonged lockdowns and the continued rise in the number of cases of the coronavirus disease 2019, according to London-based Capital Economics.
by Shiela Crisostomo (The Philippine Star, 21 Jun 2020 MANILA, Philippines — Not only are the elderly more prone to contracting the coronavirus disease 2019 (COVID-19) but they are also vulnerable to bouts of depression and anxiety which are now associated with the illness, according to the Natasha Goulbourn Foundation (NGF).
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By Lourdes O. Pilar, Philstar, 21 Jun 2020 MORE THAN 200,000 Filipinos in Metro Manila made it past the poverty threshold in 2018, according to new data derived from poverty incidence estimates by the Philippine Statistics Authority (PSA).
Malacañang releases a copy of IATF resolution No. 47, series of 2020 (1/2) | @sam_medenilla pic.twitter.com/957NmQHzEE — BusinessMirror (@BusinessMirror) June 20, 2020
By: DJ Yap, Pocholo Concepcion, Philippine Daily Inquirer, 20 Jun 2020 A popular political blogger, whose site was launched in 2017 and has drawn 250,000 followers, used to earn an average of P15,000 to P25,000 monthly from Google ads and instant articles from Facebook.