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fyi…….from S&P 28 JANUARY 2021… pic.twitter.com/659Bgg5Uiz — John Mangun (@mangunonmarkets) January 29, 2021
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By Cai Ordinario, 28 Jan 2021 CRIPPLED by lockdowns, Philippine economy posted a contraction of 9.5 percent in pandemic year 2020, the worst performance on record since 1946, according to data released by the Philippine Statistics Authority (PSA) on Thursday.
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By Recto Mercene, Businessmirror, 28 Jan 2021 THE Department of Foreign Affairs (DFA) will temporarily close its main building on Roxas Boulevard, Pasay City, beginning Friday, January 29, until Tuesday, February 2, after the coronavirus was detected in the building and among its personnel.
by CBN News, 28 Jan 2021 MANILA – After the Philippine economy posted its worst post-war contraction, economic managers on Thursday said the economy was weighed down by lockdowns and that “prolonging the status quo of community quarantine and risk aversion is not an option.”
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by Joahna Lei Casilao/LDF, GMA News, 28 Jan 2021 The Davao Oriental Provincial Medical Center was placed under lockdown for 10 to 14 days after 33 of its employees tested positive for the coronavirus disease 2019 (COVID-19).
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.@PSAgovph data showed PH’s total external trade dropped 18.2% to $149.37 billion in 2020 from $182.52 billion in 2019. Merchandise exports down 10.1% to $63.77 billion, while imports slid 23.3% to $85.61 billion. | @bendeveraINQ — Inquirer Business (@InquirerBiz) January 27, 2021
By Lawrence Agcaoili, Delon Porcalla(Philstar.com), 27 Jan 2021 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has ordered banks and credit card issuers to strictly comply with newly signed laws that grant temporary reprieve or debt moratorium to delinquent borrowers.
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by Beatrice M. Laforga, BusinessWorld, 26 Jan 2021 THE GOVERNMENT’S goal to bring down poverty rate to 14% and lift the economy’s status to the upper-middle income group next year can still be achieved despite the impact of the pandemic, Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said.
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By Elijah Felice Rosales, 26 Jan 2021, Businessmirror THE Philippines was the lone economy in Southeast Asia to avoid a contraction in foreign direct investments (FDI) last year, as FDI inflows to the country went up 29 percent in spite of all the challenges posed by the Covid-19 pandemic.
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by Patricia Lourdes Viray (Philstar.com), 25 Jan 2021 MANILA, Philippines — The Department of Foreign Affairs on Monday started an investigation into certain personnel of the Philippine Embassy in Damascus for “poor treatment” Filipino trafficking victims while under temporary shelter.
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by ABS-CBN News, 24 Jan 2021 MANILA – Shangri-La Boracay will be closed until Jan. 28 as a precaution after several of its employees tested positive for COVID-19, the operator of the hotel resort confirmed on Sunday.
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by Maria Romero @tribunephl_mbr, 23 Jan 2021 Some are doubtful that the Philippines could have its own subway system. But the Department of Transportation (DoTr) is confident that Filipinos could finally board the country’s first underground train line by year-end.
by Leila B. Salaverria, Philippine Daily Inquirer, 23 Jan 2021 MANILA, Philippines — A Department of Labor and Employment (Dole) official has asked employers to pay for the medical expenses of their domestic workers who would contract the new coronavirus especially if they were not enrolled for government social benefits.