by Ramon Royandoyan (Philstar.com), 3 Aug 2021 MANILA, Philippines (Update 1, 10:22 a.m.) — The Philippine Statistics Authority reported that jobless rate was steady in June, but looming harsh lockdowns in Metro Manila could throw a spanner in the works.
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by Doris Dumlao-Abadilla, 3 Aug 2021 Ayala-led Bank of the Philippine Islands (BPI) aims to stop by 2033 all lending to coal-fired power projects—which form 45 percent of its current power generation portfolio—and channel more funds to renewable energy projects moving forward.
On July 28, the Quezon City government announced that 82 of 161 policemen assigned to the Novaliches police station tested positive for COVID-19. This was harrowing news, as the infected cops account for more than 40 percent of the police station’s complement.
by Rainier Allan Ronda (The Philippine Star), 3 Aug 2021 MANILA, Philippines — Six Filipino students won four silver and two bronze medals at the 62nd International Mathematical Olympiad (IMO) held virtually from July 14 to 24.
(Philstar.com), 3 Aug 2021 MANILA, Philippines — The Department of Foreign Affairs reported the arrival of its ninth chartered repatriation flight with 374 Filipinos on board, including 78 pregnant women.
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DOLE releases the number of displaced workers in NCR from Jan. To July, 2021. @BusinessMirror pic.twitter.com/6yFaaokuWM — Samuel Medenilla (@sam_medenilla) August 2, 2021
by Karl R. Ocampo, 2 Aug 2021 The performance of the country’s agriculture sector for the past five years fell short of the Duterte administration’s goal to raise the industry’s productivity by at least 2.5 percent yearly as it was overwhelmed by several challenges.
By Ben O. de Vera, 30 Jul 2021 After receiving flak for an alleged erroneous interpretation of tax rules, the Bureau of Internal Revenue (BIR) has stopped the implementation of a regulation which would have jacked up the income taxes paid by private schools by 150 percent.
By Ben O. de Vera, 30 Jul 2021 The Bureau of Internal Revenue (BIR) has suspended the implementation of a regulation that slapped a 12-percent value-added tax (VAT) on some previously zero-rated transactions of exporters.
By Ben O. de Vera, 29 Jul 2021 The tax reforms enacted so far alongside the implementation of big-ticket infrastructure projects under the ambitious “Build, Build, Build” program allowed the Duterte administration to accomplish thus far about 85 percent of its economic agenda, Finance Secretary Carlos Dominguez III said.
By Karl R. Ocampo, 29 Jul 2021 President Duterte had promised in previous editions of his State of the Nation Addressed that under his administration, the agriculture sector would be modernized, food prices would be lowered and that the “Plant, Plant, Plant” (PPP) flagship program would jumpstart urgently needed innovations in the vital sector.
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by Lawrence Agcaoili (The Philippine Star), 28 Jul 2021 MANILA, Philippines — The International Monetary Fund (IMF) has lowered its economic growth forecast for member countries of the Association of Southeast Asian Nations (ASEAN-5) as the recent high COVID-19 infection rates continue to dampen the region’s recovery from the pandemic-induced recession.
(The Philippine Star), 28 Jul 2021 MANILA, Philippines — The number of self-employed and voluntary members (SEVM) of the Social Security System (SSS) increased by 20.2 percent to 8.43 million as of May 2021.
by Jenina P. Ibañez, PHILSTAR, 27 Jul 2021 THE FORMER Hanjin shipyard in Subic may reopen before the end of the year under a North American company as talks are almost finalized, the Subic Bay Metropolitan Authority (SBMA) said.
by Ben O. de Vera, 27 Jul 2021 President Duterte’s final year in office became doubly challenging as the COVID-19 crisis reversed much of the prepandemic gains made toward the administration’s goals to sustain robust economic growth, reduce joblessness and move up to upper-middle income country status.
by Helen Flores (The Philippine Star), 27 Jul 2021 MANILA, Philippines — About half of Filipino families rated themselves as “mahirap” or poor, the Social Weather Stations (SWS) said in its latest survey.
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By Ferdinand Patinio, 27 Jul 2021 MANILA – The Department of Labor and Employment (DOLE) on Tuesday has issued rules in determining the employment relationship between food delivery and courier riders and their respective digital platforms.
(Philstar.com), 26 Jul 2021 MANILA, Philippines — Job creation, lower prices of goods, and plans to accelerate the country’s COVID-19 vaccination drive are among the top topics that Filipinos want to hear when President Rodrigo Duterte delivers his final State of the Nation Address, results of a Pulse Asia survey showed.
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By Ruth Abbey Gita-Carlos, 26 Jul 2021 MANILA – President Rodrigo Duterte has maintained high approval and trust scores despite the coronavirus disease 2019 (Covid-19) pandemic for over a year now, according to the latest survey by a political consultancy firm.
Nearly half of adult Filipinos said their quality of life had gotten worse in the past year while over a third remain optimistic about the next 12 months, according to the latest Social Weather Stations (SWS) survey.
by Louella Desiderio (The Philippine Star), 25 Jul 2021 MANILA, Philippines — The Tariff Commission (TC) has thumbed down the imposition of safeguard duties on vehicle imports following its investigation into the case.
By the Inquirer Bureaus, 25 Jul 2021 @Team_InquirerWhen President Duterte addressed the nation in 2017, he promised that the following years would be the “golden age of infrastructure” in the Philippines that would “enhance our mobility and connectivity.”
(The Philippine Star), 25 Jul 2021 Most workers now prefer hybrid setup MANILA, Philippines — The office is re-emerging as employees’ primary place of work post-pandemic as work-from-home (WFH) fatigue grows and productivity levels decline, according to the latest survey by global property research and advisory firm JLL.
by Federico D. Pascual Jr. (The Philippine Star), 25 Jul 2021 If President Duterte runs for vice president in the May 2022 elections as he has said often enough, he will likely have former senator Ferdinand “Bongbong” Marcos as his presidential partner.