by Tonette Orejas, Philippine Daily Inquirer, 13 Aug 2020 CITY OF SAN FERNANDO —- The Yokohama Tire Philippines Inc. (YTPI) in Clark Freeport recorded its second case of the coronavirus disease (COVID-19), this time a worker who was infected by a relative.

Read more here.

by Czeriza Valencia (The Philippine Star), 13 Aug 2020 MANILA, Philippines — The economy is expected to see a sharp contraction of between eight and nine percent this year amid the disruption caused by the pandemic, but its long-term growth prospects remain, the investment banking arm of the Metrobank Group said.

by Lawrence Agcaoili (The Philippine Star), 13 Aug 2020 MANILA, Philippines — Earnings of Philippine banks slumped by 29 percent to P86.05 billion in the first semester from P110.97 billion in the same period last year as the industry’s provision for non-performing loans (NPL)breached the P100-billion mark due to the impact of the coronavirus pandemic,…

by Lawrence Agcaoili (The Philippine Star), 13 Aug 2020 MANILA, Philippines — The non-performing loan (NPL) ratio of banks rose for the sixth straight month to hit its highest level in almost six years at 2.53 percent in June from 2.43 percent in May, as past due and restructured loans continued to rise due to…

by Lawrence Agcaoili (The Philippine Star), 13 Aug 2020 MANILA, Philippines — The Philippines is seen booking the highest unemployment rate in Southeast Asia, with about eight million Filipinos expected to lose their jobs as the coronavirus disease 2019 or COVID-19 pandemic continues to overwhelm the economy, according to Maybank ATR Kim Eng.

by Mary Grace Padin (The Philippine Star), 13 Aug 2020 MANILA, Philippines — Some industries have experienced a pickup in business activities following the slight easing of movement restrictions in Metro Manila and other urban centers in June, according to the Department of Finance (DOF).

by Neil Jayson Servallos (The Philippine Star), 13 Aug 2020 MANILA, Philippines — Wearing of face shields on top of face masks will be mandatory in workplaces starting on Saturday to pre- vent the spread of COVID-19, the Department of Labor and Employment (DOLE) said yesterday.

30 July 2020 – “Stand still and you will be left behind.” – Grey’s Anatomy – Life will be like this for years; the earliest close to ‘normal’ would probably be 2022. [And why would we like the normal? With its crisis, inequities, injustice?] [Read more.]

by Beatrice M. Laforga, BusinessWorld, 12 Aug 2020 THE Philippine stimulus package to bring the economy back from the coronavirus crisis has neglected to target “green” and sustainable projects that could help ensure a stronge recovery, ING Bank said.

by Emmanuel Tupas (The Philippine Star), 12 Aug 2020 BATNAGAS, Philippines — Three crewmembers of an oil tanker reportedly died of suffocation following a gas leak in Calaca, Batangas on Monday.

by Jovic Yee, Philippine Daily Inquirer, 12 Aug 2020 MANILA, Philippines — Nearly a thousand business enterprises have laid off their workers in just the first nine days of August due to the economic toll exacted by the coronavirus disease (COVID-19) on their operations.

Read more here.

By Ma. Cristina Arayata, PNA, 12 Aug 2020 MANILA – Philippine Nuclear Research Institute (PNRI) director Carlos Arcilla is encouraging the use of nuclear power in the energy mix, saying this could also help lower one’s electricity bill.

by Christia Marie Ramos, Philippine Daily Inquirer, 12 Aug 2020 MANILA, Philippines — Over 23 million learners have enrolled in both public and private schools for the upcoming School Year 2020-2021, the Department of Education (DepEd) reported Wednesday, less than two weeks before the reopening of classes on August 24.

by Christia Marie Ramos, Philippine Daily Inquirer, 12 Aug 2020 MANILA, Philippines — Around 380,000 students have transferred from private institutions to public schools for the upcoming school year in the wake of the coronavirus disease (COVID-19) pandemic, according to an official of the Department of Education (DepEd).

by Katrina Hallare, Philippine Daily Inquirer, 12 Aug 2020 MANILA, Philippines — Beginning Saturday, August 15, employees are required to wear face shields aside from face masks as the government raises health protocols to battle the further spread of COVID-19 in the country.

by Krissy Aguilar, Philippine Daily Inquirer, 12 Aug 2020 MANILA, Philippines — The government’s COVID-19 task force has designated Cabinet members to Metro Manila cities and other areas with high virus transmission to “provide stronger support” in its pandemic response.

by Gabriel Pabico Lalu, Philippine Daily Inquirer, 12 Aug 2020 MANILA, Philippines — A government organization is calling for more educational drives and legislation against teenage pregnancies, as data points out that 10 percent of Filipinas aged 15 to 19 years old have already given birth at least once.

By Tyrone Jasper C. Piad, Businessmirror, 11 Aug 2020 WITH the Philippines returning to a stricter lockdown, the path to recovery of consumer spending—one of the major economic growth drivers—may be bumpy after quarantine measures ease.

Read more here.

by Jose Rodel Clapano (The Philippine Star), 7 Aug 2020 MANILA, Philippines — Canteens and smoking areas in workplaces were found to be the hot spots for coronavirus infection, according to National Task Force against COVID-19 response chief implementer Carlito Galvez Jr. He made the statement yesterday as the National Task Force (NTF) and local…

Read more here.

by Joviland Rita/KG, GMA News, 11 Aug 2020 The Parents-Teachers Alliance (PTA) wrote a letter to President Rodrigo Duterte asking him to postpone the August 24 class opening to give more time for its preparation.

Read more here.

Read more here.

Read more here.

by Lawrence Agcaoili (The Philippine Star), 10 Aug 2020 MANILA, Philippines — Remittances from overseas Filipino workers (OFWs) may drop by $5 billion this year as emerging markets, including the Philippines, face numerous challenges brought about by the coronavirus pandemic, according to Metropolitan Bank & Trust Co. (Metrobank).

by Beatrice M. Laforga, BusinessWorld, 10 Aug 2020 TWO major institutions downgraded their full-year growth forecasts for the Philippines in 2020 in the wake of the 16.5% contraction in second-quarter gross domestic product (GDP), with HSBC Research pricing in what would be a record contraction for the year of 9.6%.

by Mayen Jaymalin (The Philippine Star), 10 Aug 2020 MANILA, Philippines — Almost 5,000 Filipinos who have returned from various countries have tested positive for coronavirus disease 2019, according to the Department of Health (DOH).