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by Louella Desiderio (The Philippine Star), 20 Nov 2020 MANILA, Philippines — The Australian government and Macquarie Group Foundation have launched a program to help women-led businesses in the Philippines bounce back from the pandemic through investments.
by Lawrence Agcaoili (The Philippine Star), 20 Nov 2020 MANILA, Philippines — The Philippines may fully recover from the impact of the pandemic only in the second half of 2022 as the country has to climb out of one of the deepest economic holes in Asia Pacific, according to Moody’s Analytics.
by Mary Grace Padin (The Philippine Star), 20 Nov 2020 MANILA, Philippines — The Department of Finance (DOF) has joined the call for climate justice, saying that the Philippines continues to bear the brunt of the impact of climate change despite being among the world’s lowest carbon emitters.
(The Philippine Star), 20 Nov 2020 MANILA, Philippines — More than 50 million Filipinos are still without access to toilets, prompting health experts to warn that such conditions could easily lead to another epidemic in the country.
(The Philippine Star), 20 Nov 2020 MANILA, Philippines — The Commission on Population is moving to stop the rising prevalence of teenage pregnancy in the country, with 75,000 young women likely to become first-time mothers next year.
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By Jemy Gatdula, BusinessWorld, 19 Nov 2020 The big news is last weekend’s signing of the Regional Comprehensive Economic Partnership (RCEP) agreement. Touted as the world’s biggest free trade agreement, the RCEP is said to promise gazillions for the Philippines.
by AFP Relaxnews, 19 Nov 2020 Could the future of work be asynchronous? This way of working involves a more flexible approach to organizing working hours and giving employees more control over their schedules. Easily applicable when working from home, going asynchronous notably promises a better work-life balance.
by Agence France-Presse, 19 Nov 2020 WASHINGTON, United States — The global economy faces a hard road back from the Covid-19 downturn, and nations should remove trade barriers on medical technologies to aid the recovery, the IMF chief said on Thursday.
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by ABS-CBN News, 19 Nov 2020 MANILA – The Bangko Sentral ng Pilipinas made a surprise 25 basis points policy rate cut on Thursday, bringing the overnight reverse repurchase facility to a new historic low of 2 percent.
by Luz Wendy T. Noble, 18 Nov 2020 A DEEPER-THAN-EXPECTED recession in the Philippines will increase the downside risks for the banking industry, S&P Global Ratings said.
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by Louella Desiderio (The Philippine Star), 18 Nov 2020 MANILA, Philippines — Ecozone locators will now be able to avail of the five percent gross income tax incentive to include COVID-related expenses as direct costs to maintain operations during the quarantine period.
by Rey Gamboa (The Philippine Star), 17 Nov 2020 The big news on the sidelines of the closing session of the annual meeting of the 10-nation Association of Southeast Asian Nations (ASEAN) last Sunday was the virtual signing of the Regional Comprehensive Economic Partnership (RCEP), resulting in the creation of the largest free trade bloc…
by Lawrence Agcaoili (The Philippine Star), 17 Nov 2020 MANILA, Philippines — Remittances from overseas Filipino workers bounced backed strongly in September, recording the fastest growth in 29 months as OFWs scrambled to send more money to their loved ones in the country during the ‘ber’ months in preparation for the Christmas holidays, according to…
by Neil Jayson Servallos (The Philippine Star), 17 Nov 2020 MANILA, Philippines — More than 100,000 public utility vehicle (PUV) operators will receive cash subsidies from the government this week, the Land Transportation Franchising and Regulatory Board (LTFRB) announced yesterday.
by Mayen Jaymalin (The Philippine Star), 17 Nov 2020 MANILA, Philippines — Due to recent calamities that have affected several regions, the Department of Labor and Employment (DOLE) expressed fear of a possible rise in the number of unemployed workers nationwide.
By: Ben O. de Vera, Philippine Daily Inquirer, 17 Nov 2020 Global financial giant Morgan Stanley is bullish about the Philippines’ strong economic rebound next year against a backdrop of low inflation, the government’s infrastructure development push and the looming availability of vaccines against COVID-19.
By Bianca Cuaresma, BusinessMirror, 17 Nov 2020 DESPITE dismal economic activity and thousands of layoffs all over the world, overseas Filipino workers (OFWs) still managed to send more money back home in September, latest data from the Bangko Sentral ng Pilipinas (BSP) showed.
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by Nestor Corrales, Philippine Daily Inquirer, 16 Nov 2020 (First of two parts) MANILA, Philippines — On Sept. 30, Ela Elesterio of Pasay City was told that she had tested positive for COVID-19. Three days later, a team from the local government was at her house for contact tracing.
by Cathrine Gonzales, Philippine Daily Inquirer, 16 Nov 2020 MANILA, Philippines — Seventy-four percent of workers from small to medium businesses who were part of a global research commissioned by Kaspersky want to rethink pre-COVID-19 ways of working.
by By Jenina P. Ibañez, Reporter, BusinessWorld, 16 Nov 2020 FIFTEEN Asia-Pacific economies, including the Philippines, signed the world’s largest free trade deal on Sunday, with observers saying the deal could boost Philippine market access while others believe it would worsen the trade balance.
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By the Inquirer Staff, 16 Nov 2020 The death toll from the deadliest typhoon to hit the Philippines this year has risen to 69, with 12 people still missing, while many areas remain submerged in Cagayan province, in the northern region worst hit by flooding in 45 years, officials said on Sunday.