by Richmond Mercurio (The Philippine Star), 12 Mar 2021 MANILA, Philippines — New telco player Dito Telecommunity expects to be profitable in five years as it seeks to capture a significant share of the market by then.
by Louise Maureen Simeon (The Philippine Star), 12 Mar 2021 MANILA, Philippines — After suffering the worst contraction in decades last year, the Philippine economy is expected to grow by as much as eight percent this year, well above government targets, according to Oxford Economics.
Read more here.
Read more here.
by Lawrence Agcaoili (The Philippine Star), 11 Mar 2021 MANILA, Philippines — The net inflow of foreign direct investments (FDIs) slumped to its lowest level in five years after contracting by 24.6 percent last year as the country continues to struggle to contain the spread of COVID-19 cases, according to the Bangko Sentral ng Pilipinas…
by Mayen Jaymalin (The Philippine Star), 11 Mar 2021 MANILA, Philippines — The Overseas Workers Welfare Administration (OWWA) is seeking an additional P9.8 billion for the hotel accommodation and other needs of returning overseas Filipinos (ROFs) placed under mandatory isolation.
by Kristine Joy Patag (Philstar.com), 11 Mar 2021 MANILA, Philippines — The Free Legal Assistance Group flagged the 26 work-related lawyer killings in the 61 cases they reviewed as an indicator of “growing danger” in their profession in the country.
by Agence France-Presse, 11 Mar 2021 Some 12 million women may have lost access to contraception due to pandemic health disruptions, the United Nations sexual and reproductive health agency said Thursday, warning that the poorest and most vulnerable were the hardest hit.
Read more here.
Read more here.
Read more here.
by Sheila Crisostomo (The Philippine Star), 10 Mar 2021 MANILA, Philippines — The Commission on Population (PopCom) yesterday renewed its call for the protection of Filipino women, especially during the pandemic.
by Louise Maureen Simeon (The Philippine Star), 10 Mar 2021 MANILA, Philippines — Unemployment in the country rose to 8.7 percent in January, accounting for four million jobless Filipinos due to the pandemic, the Philippine Statistics Authority (PSA) reported yesterday.
Read more here.
Read more here.
By Peter Tabingo, 9 Mar 2021 ONE cannot squeeze blood out of a dry stone or water out of a parched land. With this pronouncement, the Commission on Audit denied a petition by a group of former rank-and-file workers demanding the payment of P461.55 million as compensation for their unjust dismissal from the Light Rail…
By Margret Fermin, 9 Mar 2021 In the Philippines, the unemployment rate in January 2021 remained the same as the October 2020 rate of 8.7 percent. This is the lowest since April 2020 but higher than the January 2020 rate of 5.3 percent.
Read more here.
by Marje Pelayo, UNTV, 8 Mar 2021 MANILA, Philippines – The Department of Labor and Employment (DOLE) has issued new guidelines on the proper ventilation of workplaces and public transportation to prevent and control the spread of COVID-19.
by Louise Maureen Simeon, Lawrence Agcaoili (The Philippine Star), 6 Mar 2021 MANILA, Philippines — Inflation quickened for the fifth straight month in February to a new two-year high of 4.7 percent as prices of meat and oil products continue to rise, the Philippine Statistics Authority (PSA) reported yesterday.
Read more here.
By Dona Z. Pazzibugan, Philippine Daily Inquirer, 4 Mar 2021 Labor Secretary Silvestre Bello III on Wednesday warned employers against firing workers who will refuse to be vaccinated against COVID-19.
by Ian Nicolas Cigaral (Philstar.com), 4 Mar 2021 MANILA, Philippines — Corruption, bureaucratic red tape, and preferential treatment of the powerful compounded increasing trade barriers to pull down the Philippines in the latest annual gauge of economic freedom.
Read more here.
Read more here.
By: Vincent Cabreza, Inquirer Southern Luzon, 3 Mar 2021 BAGUIO CITY—Employees of business process outsourcing (BPO) firms, or call centers, have been isolated this week due to a possible coronavirus outbreak after workplace tests confirmed that many of the 118 infection cases recorded in Baguio on Wednesday (Mar. 3) came from these facilities.
by Merlina Hernando-Malipot, Manila Bulletin, 3 Mar 2021 If schools all around the world were just one big classroom, 168 million children would be marked “absent” in the class attendance due to the coronavirus disease (COVID-19) pandemic.
Almost 9 in 10 Filipinos feel they have been negatively impacted by COVID-19, said LinkedIn study, citing job insecurity, reduced working hours and reduced pay. This led to a cautious economic outlook among Filipinos,with 3 in 4 believing economic situation in PH has worsened. pic.twitter.com/p69ryaRfup — Tina Arceo-Dumlao (@tinaarceodumlao) March 2, 2021
By Ruben Cruz Jr., Businessmirror, 2 Mar 2021 The lockdowns that were imposed across the country starting March 2020 or one year ago to contain the Covid-19 pandemic completely disrupted the country’s economy.