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By JON VIKTOR D. CABUENAS, GMA News, 27 Aug 2020 The average wage in the Philippines is among the lowest in the world as of August 2020, data compiled by e-commerce platform Picodi revealed.

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by Darryl John Esguerra, Philippine Daily Inquirer, 26 Aug 2020 MANILA, Philippines — Aside from putting too much pressure on the country’s healthcare system, the coronavirus disease 2019 (COVID-19) pandemic is also taking its toll on Filipinos’ mental health with the National Center for Mental Health (NCMH) reporting a spike in the number of suicide-related…

(Philstar.com) – 26 Aug 2020 MANILA, Philippines — A teachers’ group on Wednesday slammed the Department of Education for making what it called a misleading claim about the preparedness of schools for the online modality of distance learning.

by Darryl John Esguerra, Philippine Daily Inquirer, 26 Aug 2020 MANILA, Philippines — Older people remained to be the most vulnerable to the coronavirus disease (COVID-19) infection as more than half of the country’s total fatalities due to the respiratory illness were recorded among people aged 60 and above.

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by Louella Desiderio (The Philippine Star), 26 Aug 2020 MANILA, Philippines — Companies seeking to reduce dependence on China by diversifying supply chains amid the coronavirus disease 2019 (COVID-19) pandemic would have mixed implications on the Association of Southeast Asian Nations (ASEAN) economies, Moody’s Investors Service said.

by Louella Desiderio (The Philippine Star), 26 Aug 2020 MANILA, Philippines — The Management Association of the Philippines (MAP) is supporting the proposal of the Bangko Sentral ng Pilipinas (BSP) to cap credit card finance charges as this, along with the 60-day moratorium on loan payments, would help struggling enterprises and consumers cope with the…

by Lawrence Agcaoili (The Philippine Star), 26 Aug 2020 MANILA, Philippines — The non-performing loan ratio (NPL) of local banks may double to 4.6 percent by end-December from 2.4 percent in March as businesses and consumers grapple with the impact of the pandemic, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP).

by Janvic Mateo (The Philippine Star), 26 Aug 2020 MANILA, Philippines — At least 440 private elementary and high schools across the country will suspend operations this school year due to low enrollment of students, according to the Department of Education (DepEd).

Here's a breakdown of the ₱4.5 trillion 2021 budget according to DBM: pic.twitter.com/OyfyYeVtVP — CNN Philippines (@cnnphilippines) August 25, 2020

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By: Gabriel Pabico Lalu, INQINQUIRER.net, 25 Aug 2020 MANILA, Philippines — The Philippines’ average salary of P15,200 was ranked as among the lowest in 110 countries surveyed by think-tank Picordi.com.

by Lawrence Agcaoili (The Philippine Star), 25 Aug 2020 Warns of more defaults MANILA, Philippines — A proposal to impose a cap on finance charges, if applied to all types of interest rates, may kill the credit card industry at a time when the default rate is expected to double due to the impact of…

by Philippine Daily Inquirer, 25 Aug 2020 SAN ANTONIO, Zambales, Philippines — The clustered cases of the new coronavirus disease at a power plant in Masinloc town have ballooned to 88, forcing its operator to close the facility to curb virus transmission, officials said on Monday.

By Ma. Teresa Montemayor, 24 Aug 2020 MANILA – Holding online classes up to eight hours may not be good for the health of young learners, a health official said Monday.

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By Ian Nicolas Cigaral(Philstar.com), 24 Aug 2020 In a report released Monday, online property marketplace Lamudi said it saw a “switch” in property hunters’ preferences from financial districts to non-CBD properties during the enhanced community quarantine (ECQ) in Luzon. Lack of public transportation during the lockdown period is to blame. MANILA, Philippines — Property seekers…

by Lawrence Agcaoili (The Philippine Star), 24 Aug 2020 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) plans to put a cap on the finance charges imposed by banks and financial institutions on credit card loans to help ease the burden of consumers amid the COVID-19 pandemic.

by Cesar Ramirez, Raymund Catindig (The Philippine Star), 4 Aug 2020 MANILA, Philippines — Three men were electrocuted in separate incidents in Pangasinan and Cagayan over the weekend.

by Mary Grace Padin (The Philippine Star), 24 Aug 2020 MANILA, Philippines — The Capital Market Development Council (CMDC) is studying reforms in the corporate pension system to ensure that private sector employees get enough retirement funds, while also helping the development of the domestic capital market, according to the Department of Finance (DOF).

by Greg Refraccion, Philippine Daily Inquirer, 24 Aug 2020 MARIVELES, BATAAN —- Twenty-eight workers at a factory in the Freeport Area of Bataan (FAB) here have tested positive for the coronavirus (COVID-19).

by Cathrine Gonzales, Philippine Daily Inquirer, 24 Aug 2020 MANILA, Philippines — Over 23.6 million learners have so far enrolled for School Year 2020 to 2021, which the Department of Education said composed 85 percent of last year’s enrollment.

by Robertzon Ramirez (The Philippine Star), 23 Aug 2020 MANILA, Philippines — Justice Secretary Menardo Guevarra is seeking the intervention of the Church and spiritual leaders in addressing the reported increase in suicide cases in the country as the coronavirus disease 2019 (COVID-19) pandemic continues to wreak havoc on lives and the economy.

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