by Louella Desiderio (The Philippine Star), 21 Oct 2020 MANILA, Philippines — Labor group Philippine Metalworkers’ Alliance (PMA) is urging the government to consider employment implications in the grant of reprieve to beneficiaries of the Comprehensive Automotive Resurgence Strategy (CARS), as well as to use a portion of the budget for the program to support…

by Mary Grace Padin (The Philippine Star), 21 Oct 2020 MANILA, Philippines — Cigarette manufacturer Japan Tobacco International (Philippines) Inc. is planning to increase its purchase of locally produced tobacco to support farmers reeling from the impact of the coronavirus pandemic.

by Mary Grace Padin (The Philippine Star), 21 Oct 2020 MANILA, Philippines — The Philippines has the fourth worst pension system among 39 countries, according to a study which benchmarks retirement income systems across the globe.

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by Jarius Bondoc (The Philippine Star), 21 Oct 2020 A powerful lobby is wangling a government permit to import tilapia from China at a time of local supply glut. Billion-peso profits are to be raked in at the expense of Filipino fish raisers.

by Mayen Jaymalin (The Philippine Star), 21 Oct 2020 MANILA, Philippines — The Department of Trade and Industry (DTI) has offered to provide P4 billion worth of soft loans for micro and small enterprises or MSEs for the 13th month pay of employees, the Department of Labor and Employment (DOLE) reported yesterday.

by Cody Cepeda, Philippine Daily Inquirer, 21 Oct 2020 (First of two parts) The Philippine garment industry right now reflects the state of the global garment industry which had been ripped at the seams by the COVID-19 pandemic.

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by Bilyonaryo, 21 Oct 2020 The Philippine economy is expected to fall by as much as 6 percent this year after the 15-day reimplementation of stricter quarantine measures in Metro Manila and four nearby provinces last August, Finance Secretary Carlos Dominguez III said.

Brush up on these skills that will command a premium in a few years. pic.twitter.com/DKsOk9itmC — Tina Arceo-Dumlao (@tinaarceodumlao) October 21, 2020

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by Bobit S. Avila (The Philippine Star), 20 Oct 2020 The Island of Cebu was dubbed by the Conde Nast magazine as the Best Island in Asia, besting Boracay, the holder of the title for many years. I call it an add-on to last year’s grandiose Tourism Growth for Region-7. This is great news for…

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by Leslie Aquino, Manila Bulletin, 20 Oct 2020 With millions of workers displaced by the coronavirus disease (COVID-19) pandemic, an official of the Department of Labor and Employment has expressed concern that the health crisis might force more children to work.

by Daxim L. Lucas, Philippine Daily Inquirer, 20 Oct 2020 MANILA, Philippines — The central bank is urging Congress to prioritize several pending bills which, it said, would buttress the country’s chances of staging a strong economic recovery next year once the effects of the ongoing coronavirus pandemic wanes.

by Agence France-Presse, 20 Oct 2020 Beijing, China — China’s super-wealthy have earned a record $1.5 trillion in 2020, more than the past five years combined, as e-commerce and gaming boomed during pandemic lockdowns, an annual rich list said Tuesday.

by INQUIRER.net, 20 Oct 2020 MANILA, Philippines — Rigorous government enforcement actions against illicit cigarette trade bared interlocking ties among companies that were subject of a series of raids and seizures.

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October 29 is Global Day of Action: #InvestInCare NOW! Stay safe! Wear mask. Wash hands. Physical distancing. Invest in quality #public heath! Health and care central to our well being. #CAREday20

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by Ben O. de Vera, Philippine Daily Inquirer, 19 Oct 2020 Despite high COVID-19 cases and a prolonged quarantine, the Philippines’ solid macro fundamentals prepandemic remain attractive to foreign investors, the Department of Finance (DOF) said.

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by Iris Gonzales (The Philippine Star), 19 Oct 2020 MANILA, Philippines — The country’s property sector is bracing for the continuing exodus of Philippine Offshore Gaming Operators (POGOs) and their service providers as almost 300,000 square meters or 17 percent of total office space will be vacant by yearend, said property analyst David Leechiu.