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Some 400 private schools are at risk of closure due to the lack of enrollees amid the coronavirus pandemic, a survey by the Coordinating Council of Private Educational Associations of the Philippines (COCOPEA) found.
By Madelaine B. Miraflor, Manila Bulletin, 17 Jun 2020 As it faces financial and legal issues for the overseas purchase of 300,000 metric tons (MT) of rice, the Philippine International Trading Corporation (PITC) was told to just abandon the controversial government-to-government (G2G) importation plan.
by Ben O. de Vera, Philippine Daily Inquirer, 17 Jun 2020 The Duterte administration’s economic team is looking for money to implement the universal health care (UHC) program, which key team leaders believed cannot be deferred as the state-run Philippine Health Insurance Corp. (PhilHealth) runs the risk of depleting its funds.
A new report finds that automation will take over a significant part of work activities in Europe by 2030. By Daphne Leprince-Ringuet | June 17, 2020 More than 90 million workers across Europe (about 40% of the total workforce) will have to develop significant new skills within their current roles in the next ten years,…
By: Christia Marie Ramos, INQINQUIRER.net, 16 Jun 2020 MANILA, Philippines — The Philippine Health Insurance Corp. (PhilHealth) called for a postponement on the expansion of primary care benefits as it saw a significant drop in contribution collections amid the coronavirus pandemic.
By: Cielito F. Habito, Philippine Daily Inquirer, 16 Jun 2020 A particular social media post circulating in Filipino struck me. Translated into English, it says: “(1) Problem: no rides. Solution: ride bicycles. Government response: P150 bike registration fee; (2) Problem: no jobs. Solution: online selling. Government response: tax online selling; (3) Problem: poultry business losses.…
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by Manila Standard Showbiz, 16 Jun 2020 The Department of Health (DOH), the Film Development Council of the Philippines (FDCP), and the Department of Labor and Employment (DOLE) have joined forces to release guidelines for the resumption of production work and activities in the film and audiovisual industry amid the Coronavirus Disease 2019 (COVID-19) crisis.
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By Mark T. Amoguis, Assistant Research Head, BusinessWorld, 15 Jun 2020 IN THE BUSINESS lexicon, “high-tech, low-touch” refers to the process that involves high levels of automation accompanied by low-level or no personal interaction.
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by Czeriza Valencia (The Philippine Star), 14 Jun 2020 MANILA, Philippines — The record high 17.7 percent unemployment rate in April may be an “understatement” of the country’s employment condition, according to a new research brief by the Ateneo de Manila University.
By Merlina Hernando-Malipot, Manila Bulletin, 13 Jun 2020 Believing that every child has an inherent and inviolable right to health and survival, a child rights group called for an end to child labor to give children the chance to thrive and develop to their fullest potential.
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by Lawrence Agcaoili (The Philippine Star), 12 Jun 2020 MANILA, Philippines — The Philippines achieved a credit rating of A after Tokyo-based Japan Credit Rating Agency (JCR) upgraded the country’s credit rating to A- from BBB+ to reflect the resilience of the economy amid the coronavirus disease 2019 or COVID-19 pandemic.
by Romina Cabrera (The Philippine Star), 12 Jun 2020 MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) has authorized more than 35,000 taxis and transport network vehicle service (TNVS) units to serve commuters in Metro Manila under general community quarantine.
by Cecille Suerte Felipe (The Philippine Star), 12 Jun 2020 MANILA, Philippines — Almost 10 million learners have registered during the first eight days of this year’s school enrollment as the Department of Education (DepEd) starts to roll out multiple learning modalities amid the country’s fight against the coronavirus disease 2019 or COVID-19 pandemic.
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By: Daxim L. Lucas – Reporter, Inquirer Business, 12 Jun 2020 Dollars sent home by expatriate Filipinos declined in March, marking the first time that the impact of the coronavirus pandemic was manifested in monthly remittances which are a key pillar of the Philippine economy.
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By: Ben O. de Vera, Philippine Daily Inquirer, 12 Jun 2020 The Washington-based Institute of International Finance (IIF) expects the Philippines’ gross domestic product (GDP) to shrink year-on-year for all four quarters of 2020 and end the year with a 3-percent contraction amid the uncertainties caused by the new coronavirus disease (COVID-19) pandemic.
by Cody Cepeda, Philippine Daily Inquirer, 11 Jun 2020 Before the novel coronavirus disease (COVID-19) pandemic wrecked routines and daily lives worldwide, a typical day for Donna used to be a breeze. Donna, a 35-year-old single mother of three, usually rises at 5:30 a.m. on weekdays to make sure her kids are up and ready…
By ERWIN COLCOL, GMA News, 11 Jun 2020 ACT-CIS party-list Representative Niña Taduran on Thursday criticized the move of the Bureau of Internal Revenue (BIR) to require online sellers to register with them to ensure tax compliance.
By JULIA MARI ORNEDO, GMA News, 11 Jun 2020 The Department of Health (DOH) on Thursday reported that the number of healthcare workers who have contracted the coronavirus disease 2019 (COVID-19) climbed to 2,808 as of June 10.
by Beatrice M. Laforga, BusinessWorld, 11 Jun 2020 THE Philippines could be among the worst-hit ASEAN economies with a projected contraction of 5% in 2020, second only to a projected decline of 6% for Singapore, Oxford Economics said.
This is yet another tremendous victory for the TWU and the labor movement. Hundreds of thousands of workers will benefit from #AB5 @_drivers_united https://t.co/fvy2cJpQZl — TWU (@transportworker) June 10, 2020