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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.
by Renzo Acosta, Philippine Daily Inquirer, 23 Jan 2021 (First of two parts) (Note: Names of sex workers interviewed for this article are pseudonyms or internet personae.) MANILA, Philippines — Delilah, 23 years old, has been doing sex work since she was 18. “There was a time when I was so ashamed to label myself…
by Agence France-Presse, 23 Jan 2021 GENEVA, Switzerland – The World Health Organization said Friday it had no plans to change its guidance recommending fabric facemasks as new coronavirus variants spread, because the mutated strains are transmitted in the same way.
by Joana Rose Aglibot, Philippine Daily Inquirer, 23 Jan 2021 SAN ANTONIO, ZAMBALES – Three solar farm workers in Palauig, Zambales have tested positive for the coronavirus disease 2019 (Covid-19), raising the total number of active cases (patients currently undergoing treatment) in the province to 49.
by Ben O. de Vera, Philippine Daily Inquirer, 23 Jan 2021 The Duterte administration’s remaining months would be spent on ensuring that Filipinos have access to universal health care while reversing the damage wrought by the COVID-19 pandemic on the education and labor sectors, the country’s chief economist said on Friday.
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Year-on-year inflation rose to an ave. of 3.1% in Q4 2020 from the year- and quarter-ago rates of 1.6% and 2.5%, respectively. Bringing full-year average inflation to 2.6%, w/in the National Govt’s target range of 3.0% ± 1.0 percentage point for the year. https://t.co/1Gb5ofgs5O pic.twitter.com/O13tdDJZqO — Bangko Sentral (@BangkoSentral) January 22, 2021
More business groups (now 10) reject economic charter change at this time, says passage of the Public Service Act that eases foreign investment limits on some sectors will do for now | @meltlopez pic.twitter.com/bzRPcEseJ7 — CNN Philippines (@cnnphilippines) January 22, 2021
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By: Daphne Galvez, Philippine Daily Inquirer, 22 Jan 2021 MANILA, Philippines — The state-run pension fund Social Security System stands to lose over P41 billion worth of contributions if the scheduled increase in contribution rate is shelved, an official said Thursday.
By Emmet Lyons, CNN, 21 Jan 2021 (CNN) — Dave Russell is a light sleeper, but he never had any issues sharing a bed with his girlfriend, Izzy James, before the pandemic.
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