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By Luz Wendy T. Noble, BusinessWorld, 4 Feb 2021 BANK LENDING contracted for the first time in over 14 years in December, as lenders tightened credit standards and demand for loans remained weak amid the recession.
by Ranier Allan Ronda (The Philippine Star), 4 Feb 2021 MANILA, Philippines — The Department of Education (DepEd) will not adopt the pass or drop grading system even as Congress has shown its full support toward a push for academic ease and leniency amid the new normal where face-to-face classes are prohibited and distance learning…
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by Jemy Gatdula, Businessworld, 4 Feb 2021 Unfortunately, 2021 doesn’t seem to be making it any easier. And the President’s confirmation that the Philippines is losing P2 billion a day in lost income just drives the point home.
by Noreen Jazul, Manila Bulletin, 4 Feb 2021 Navotas Mayor Toby Tiangco has assured the public that the ice plant owned by his mother’s family will be held accountable for the ammonia gas leak incident which happened Wednesday.
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By Ian Nicolas Cigaral(Philstar.com), 3 Feb 2021 MANILA, Philippines — A priority bill that reduces taxes on local and foreign companies while slowly dismantling their tax perks to recoup revenues is now on its way to President Rodrigo Duterte for signature.
By: Consuelo Marquez, INQINQUIRER.net, 3 Feb 2021 MANILA, Philippines — Law enforcers have arrested an American and his three accomplices for allegedly operating a cybersex den in Angeles City, Pampanga, the Philippine National Police (PNP) reported Wednesday.
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by Beatrice M. Laforga, BusinessWorld, 3 Feb 2021 DEPARTMENTS under the National Government may have to reduce their workforce when some projects will be devolved to local government units (LGUs) starting next year, the Budget chief said
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By: Cathrine Gonzales, INQINQUIRER.net, 3 Feb 2021 MANILA, Philippines — The Occupational Safety and Health Center (OSHC) of the Department of Labor and Employment (DOLE) is seeking the declaration of Covid-19 as a work-related illness.
By CNN Philippines Staff, 2 Feb 2021 The House of Representatives on Tuesday approved a measure that seeks to penalize discrimination based on one’s race, religion and ethnicity as well as provide reparation to victims. (FILE PHOTO) Metro Manila (CNN Philippines, February 2) — The House of Representatives on Tuesday approved a measure that seeks…
by Ian Nicolas Cigaral (Philstar.com), 2 Feb 2021 MANILA, Philippines — Soured consumer loans held by banks soared to their highest level in nearly a decade as of the third quarter last year, as several households struggled to pay debts after a pandemic-induced recession threw job markets into turmoil
by Bella Perez-Rubio (Philstar.com), 2 Feb 2021 MANILA, Philippines — Sen. Risa Hontiveros is calling for a Senate inquiry into the human trafficking of Filipino women amid the pandemic.
By Ian Nicolas Cigaral(Philstar.com), 2 Feb 2021 MANILA, Philippines (UPDATE 7:56 a.m., Feb. 3) — Soured consumer loans held by banks soared to their highest level in nearly a decade as of the third quarter last year, as several households struggled to pay debts after a pandemic-induced recession threw job markets into turmoil.
by Charmaine A. Tadalan, BusinessWorld, 2 Feb 2021 THE GOVERNMENT will need to set aside about P9.6 trillion to meet its obligations to retired military and uniformed personnel (MUP) if it does not reform their pension arrangements, a key senator said.
By Charmaine A. Tadalan, BusinessWorld, 1 Feb 2021 JIRO A. NOBLE, 14, has been trying to learn Algebra on his own since classes started in October amid a coronavirus pandemic.
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by Marje Pelayo, 1 Feb 2021 MANILA, Philippines – Starting this year, the Department of Labor and Employment (DOLE) will be offering the mandatory occupational health and safety training in workplaces and enterprises for free
By Andrew J. Masigan, BusinessWorld, 31 Jan 2021 Frequent changes and unrealistic figures have made it difficult to believe the government’s economic forecasts.
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By Helen Flores(Philstar.com), 30 Jan 2021 MANILA, Philippines — The Philippines dropped two spots in the 2020 Corruption Perception Index (CPI) drawn up by anti-corruption watchdog Transparency International.
ECONOMIC CONTRACTION By: Roy Stephen C. Canivel, Philippine Daily Inquirer, 30 Jan 2021 MANILA, Philippines — Jose Tamares Jr. had many reasons for leaving his job as an engineer in the Philippines to work as a waiter in Qatar.
By: Rashesh Shrestha, Philippine Daily Inquirer, 30 Jan 2021 The three main challenges Asean will face post-pandemic—digitalization, supply chains, and human capital—have been widely discussed. Each of these has been emphasized in the Asean Comprehensive Recovery Framework and its implementation plan.
By: Marlon Ramos, Philippine Daily Inquirer, 29 Jan 2021 MANILA, Philippines — The Philippine Coast Guard (PCG) and the Bureau of Customs (BOC) seized a Chinese dredger for “illegal and unauthorized presence” in Philippine waters more than a year after it was cleared to leave the country, the Coast Guard said on Friday.
OECD-PCC competition report on PH logistics: OECD found that the cost of logistics to sales remains high in the Philippines, approximately 27% higher compared to other ASEAN countries. pic.twitter.com/3P7YQoaVEY — Warren de Guzman (@wddeguzman) January 29, 2021