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by Dona Z. Pazzibugan, Nestor Corrales, Philippine Daily Inquirer, 23 Oct 2020 More than half million overseas Filipino workers (OFWs) were displaced by the pandemic abroad while an estimated 1.1 million more were unable to resume or start working overseas since January, official figures showed.

by Tony Lopez, Manila Standard, 23 Oct 2020 “You cannot possibly get a better economic team than these two whiz kids of management and economics.” During the world’s worst crisis of the last 100 years, President Duterte has been blessed to have in his economic team the tandem of Finance Secretary Carlos “Sonny” Dominguez and…

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by Darryl John Esguerra, Philippine Daily Inquirer, 15 Oct 2020 MANILA, Philippines — More than 254,000 overseas Filipino workers (OFWs) have been sent home amid the ongoing COVID-19 pandemic, National Task Force (NTF) Against COVID-19 chair Secretary Delfin Lorenzana said Wednesday night.

by Darryl John Esguerra, Philippine Daily Inquirer, 15 Oct 2020 MANILA, Philippines — Some 3.5 million workers have been displaced by the coronavirus disease 2019 (COVID-19) pandemic, the Department of Labor and Employment (DOLE) said Thursday.

by Gabriel Pabico Lalu, Philippine Daily Inquirer, 15 Oct 2020 MANILA, Philippines — Despite 71 percent of Filipino families saying they got financial assistance from the government, a recent survey revealed that at least two-thirds claimed they received aid only once.

by Lawrence Agcaoili (The Philippine Star), 14 Oct 2020 MANILA, Philippines — Multilateral lender International Monetary Fund (IMF) said the Philippines is expected to suffer the biggest blow from the coronavirus disease 2019 or COVID-19 pandemic in the region with a deeper economic recession this year despite the projected less severe global contraction.

by Cathrine Gonzales, Philippine Daily Inquirer, 8 Oct 2020 MANILA, Philippines — The Department of Education (DepEd) has achieved a “100 percent” enrollment in public schools amid the adverse impacts of the coronavirus disease 2019 (COVID-19) pandemic on the education sector.

By Ben Kritz, Manila Times, 4 Oct 2020 Promoting nuclear power anywhere in the world at this point makes about as much sense as promoting zeppelins as a practical transportation option, and nowhere more so than in the Philippines. Reality and common sense, however, have never been much of an impediment to this country’s “nuclear…

by Louella Desiderio (The Philippine Star), 3 Oct 2020 MANILA, Philippines — Businesses in the service sector and wholesale and retail trade can now operate at full capacity, while restaurants and fast food outlets may seat beyond 50 percent capacity in general community quarantine (GCQ) areas, the Department of Trade and Industry (DTI) said yesterday.

by Lawrence Agcaoili, Czeriza Valencia (The Philippine Star), 25 Sep 2020 MANILA, Philippines — The Philippines may post the biggest economic contraction in Asia-Pacific at almost 10 percent this year after imposing one of the world’s longest and strictest lockdowns to slow the spread of COVID-19, according to S&P Global Ratings.

by Daxim L. Lucas, Philippine Daily Inquirer, 24 Sep 2020 MANILA, Philippines — Credit card users will soon be required to pay no more than 2 percent a month — or 24 percent annually — on this type of debt after the central bank’s Monetary Board recently approved an interest rate cap.

by Gabriel Pabico Lalu, Philippine Daily Inquirer, 8 Sep 2020 MANILA, Philippines — Almost half of Filipino adults nationwide are utilizing the internet, a survey taken by the Social Weather Stations (SWS) before the COVID-19 pandemic struck showed.

by Czeriza Valencia (The Philippine Star), 4 Sep 2020 MANILA, Philippines— The number of Filipinos without jobs fell in July from a record high in April following the easing of community quarantine restrictions, according to the Philippine Statistics Authority (PSA).

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.

by Bernie Cahiles-Magkilat, Manila Bulletin, 19 Aug 2020 More than 18 million workers in the Philippines are affected by the dual destructive impact of digitalization and COVID-19 disruption, according to a study by the International Labor Organization (ILO).

By Anna Leah E. Gonzales, Manila Times, 7 August 2020 The interagency Development Budget Coordination Committee (DBCC) on Thursday further trimmed its economic growth forecast for this year to -5.5 percent from its earlier -2 to -3.4-percent range to take into account the worsening impact of the coronavirus crisis on tourism, trade and remittances.

By: Cathrine Gonzales, INQINQUIRER.net, 5 Aug 2020 MANILA, Philippines — The country’s headline inflation “continued to exhibit a faster pace” as it picked up to 2.7 percent in July, the Philippine Statistics Authority (PSA) said Wednesday.

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by Ben O. de Vera, Philippine Daily Inquirer, 3 Aug 2020 MANILA, Philippines — Remittances from Filipinos abroad are expected to drop by 20..2 percent this year amid a COVID-19 pandemic-induced global recession, putting households dependent on these cash transfers at risk of falling into poverty, the Asian Development Bank (ADB) said.

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By Marlen V. Ronquillo, The Manila Times, 22 Jul 2020 ORGANIZED labor during the Marcos regime was structured along the three major ideologies: right, center and left. On the right of the ideological spectrum, and the first labor center to be formed in the country, was the Trade Union Congress of the Philippines or TUCP.…

by Mayen Jaymalin (The Philippine Star), 21 Jul 2020 MANILA, Philippines — The number of workers who suffered loss of income and employment nationwide due to the coronavirus disease 2019 (COVID-19) pandemic has exceeded three million, the Department of Labor and Employment (DOLE) reported.

by Gabriel Pabico Lalu, Philippine Daily Inquirer, 21 Jul 2020 MANILA, Philippines — At least one out of every five Filipinos have experienced involuntary hunger in the past three months, according to recent survey conducted by the Social Weather Stations (SWS), the results of which were released Tuesday.

By Ian Nicolas Cigaral(Philstar.com), 7 Jul 2020 MANILA, Philippines — There is no chance for economic growth this year, the Bangko Sentral ng Pilipinas (BSP) chief said on Tuesday.

(The Philippine Star), 3 Jul 2020 MANILA, Philippines — The executive branch yesterday stood its ground that the economic stimulus packages proposed by Congress – including the P1.3-trillion ARISE Philippines bill – cannot be funded in the absence of new revenue sources.

by Janvic Mateo (The Philippine Star), 28 Jun 2020 MANILA, Philippines — With less than a week before the end of the enrollment period for the upcoming school year, the Department of Education (DepEd) is still nearly 13 million short of its original target.

by Beatrice M. Laforga, BusinessWorld, 11 Jun 2020 THE Philippines could be among the worst-hit ASEAN economies with a projected contraction of 5% in 2020, second only to a projected decline of 6% for Singapore, Oxford Economics said.

(UPDATED) The Philippines’ unemployment rate for April surges to 17.7%, the highest ever on record, as the coronavirus pandemic wipes out jobs by Ralf Rivas, 5 Jun 2020 MANILA, Philippines (UPDATED) – Unemployment soared to 17.7% in April 2020, equivalent to around 7.3 million jobless Filipinos amid the coronavirus pandemic, the Philippine Statistics Authority (PSA)…