by Madelaine B. Miraflor, 14 May 2021 The country’s food producers – farmers, fishermen, and livestock raisers – are now facing the worst crisis in years. This was declared by United Broiler Raisers’ Association (UBRA) President Bong Inciong during the Farmers and Fisherfolks Congress on Friday. According to Inciong, the country’s food producers are now…
by Elijah Felice Rosales (The Philippine Star), 14 May 2021 MANILA, Philippines — Sending money to the Philippines remains among the cheapest globally, benefiting an economy reliant on remittances sent by overseas Filipino workers (OFWs), the World Bank said.
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Update on ASEAN growth rates in Q1 2021:?? +4.5%?? +0.2%?? -0.5%?? -0.7%?? -4.2% We're still lagging behind. pic.twitter.com/BNNdyojm6B — JC Punongbayan (@jcpunongbayan) May 13, 2021
The pandemic has hit the poor & other vulnerable groups the hardest. We estimate an extra 162 million people in Asia & the Pacific now live beneath the poverty line. We remain focused on helping the region address both poverty & inequality. More ? — Asian Development Bank (@ADB_HQ) May 13, 2021
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by Elijah Felice Rosales (The Philippine Star), 13 May 2021 MANILA, Philippines — The World Bank has urged governments in East Asia and the Pacific to widen social protections and reduce regulatory burdens plaguing the informal sector, paving the way for its integration into the economic mainstream.
by Louella Desiderio (The Philippine Star), 13 May 2021 MANILA, Philippines — Investment pledges approved by the Philippine Economic Zone Authority (PEZA) rose by 54 percent in the first quarter from a year ago despite the ongoing coronavirus pandemic.
by Sheila Crisostomo (The Philippine Star), 13 May 2021 MANILA, Philippines — After being displaced from their employment overseas due to the COVID-19 pandemic, more than 4,000 nurses have returned home since September 2020, former Department of Labor and Employment (DOLE) secretary and now consultant Marianito Roque said yesterday.
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by Business World, 12 May 2021 THE PHILIPPINE economy contracted more than expected in the first quarter, extending the recession to five straight quarters as the pandemic dragged on, data from the Philippine Statistics Authority (PSA) showed on Tuesday.
JUST IN: Supreme Court, in unanimous new ruling, says psychological incapacity as a ground for declaration of nullity of marriage in Art 36 of the Family Code is a legal concept, not medical/personality disorder. Testimony of psychologist/psychiatrist not mandatory | @mikenavallo pic.twitter.com/8ByHQdpmLO — ABS-CBN News Channel (@ANCALERTS) May 12, 2021
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by Gerardo P. Sicat (The Philippine Star), 12 May 2021 (Continued from April 14, 2021) The labor market conditions that I describe are based on pre-pandemic information available. Certainly, the effects of the pandemic on labor market conditions is to worsen their influence on jobs and incomes.
by Boo Chanco (The Philippine Star), 12 May 2021 It has been about 500 days since we have been under lockdown. That sounds like a long time to be cocooned in our caves. If I was a sociable person or if I was young enough to have to earn a living for my family, I…
by Cecille Suerte Felipe (The Philippine Star), 12 May 2021 MANILA, Philippines — Girls as young as 13 are being coerced into having sex in exchange for bags of rice since the pandemic started, a representative of the United Nations Population Fund (UNFPA) said during a Senate hearing yesterday.
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By: Roy Stephen C. Canivel, Philippine Daily Inquirer, 11 May 2021 (First of three parts) “Jerome” worked for Lalafood for nearly eight months, biking to deliver food to customers and strictly following company rules, but he was never its employee.
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by Lawrence Agcaoili (The Philippine Star), 11 May 2021 MANILA, Philippines — The gross non-performing loan (NPL) ratio of the banking sector rose for the third straight month to a fresh 11-year high of 4.21 percent in March from 4.08 percent in February as soured loans continued to soar amid the resurgence of COVID-19 cases,…
Numbers Don’t Lie By Andrew J. Masigan, 9 May 2021 Filipino children born in the last 10 years are at a disadvantage even before they enter the workforce. Due to educational standards that have plummeted, the average Filipino today has become intellectually inferior to his counterparts from the rest of Asia, Europe, and North America.…