(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)…
Workers were forced to walk or to hitch rides on trucks or, if they were lucky, in cars due to a lack of public transportation. Many were stranded. By: Jodee A. Agoncillo, Krixia Subingsubing, Meg Adonis, Philippine Daily Inquirer, 2 Jun 2020 MANILA, Philippines — They were raring to go back to work on Monday…
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by Lawrence Agcaoili (The Philippine Star), 18 May 2020 MANILA, Philippines — The Philippines is facing a prolonged U or W-shaped recovery as the economy is expected to shrink by up to seven percent this year due to the coronavirus disease 2019 or COVID-19 pandemic, according to New York-based think tank Global Source Partners Inc.
By: Tony S. Bergonia, Philippine Daily Inquirer, 10 May 2020 The Philippines, along with much of the rest of the world, is experiencing unprecedented levels of heat and humidity that came decades earlier than scientists predicted these to be the new normal at the end of the century yet, according to a new science report.
By: Ben O. de Vera, Philippine Daily Inquirer, 8 May 2020 The Philippine economy contracted for the first time in more than two decades during the first quarter, but economists warned on Thursday that the worst was likely yet to come as the country reeled from the coronavirus pandemic.
By Melissa Luz Lopez, CNN Philippines, 7 May 2020 Metro Manila (CNN Philippines, May 7) – Nearly half of workers in the private sector lost their sources of income during the enhanced community quarantine that was imposed by the government to contain the spread of the deadly coronavirus.
By: April Lee-Tan, Philippine Daily Inquirer, 4 May 2020 The peso has always been vulnerable to past crises. During the Asian Financial Crisis in the late ‘90s, the peso depreciated to 56 from around 26 against the dollar. During the 2008 Global Financial Crisis, it weakened by around 14 percent.
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By Elijah Felice Rosales, Businessmirror, 20 Apr 2020 MORE than 175,000 workers in economic zones are out of jobs for many weeks now, with some of them receiving zero pay under the ongoing lockdown, prompting industry groups to ask that the quarantine be lifted as scheduled on April 30.
Duterte gets powers to aid poor, health workers By: Leila B. Salaverria – Reporter / @LeilasINQ Philippine Daily Inquirer / 05:52 AM March 25, 2020 MANILA, Philippines — The new measure approved by Congress to deal with the coronavirus crisis would allow President Rodrigo Duterte to reallocate funds and resources to finance crucial programs during the national emergency and…
by Franco Luna (Philstar.com) – 17 Mar 2020 MANILA, Philippines — The Department of Labor and Employment on Tuesday said it would be rolling out a P180-million emergency employment program for workers affected by the newly-declared enhanced community quarantined, which would be used to pay for barangay works to disinfect communities.
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By: Ben O. de Vera, Doris Dumlao-Abadilla, Philippine Daily Inquirer, 3 March 2020 A COVID-19 outbreak that will extend for the entire year will cut gross domestic product (GDP) growth by up to 1 percentage point (ppt) this year, putting at risk the government’s 6.5-7.5 percent target, the country’s chief economist said Monday.
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by Gaea Katreena Cabico (Philstar.com), 26 Feb 2020 MANILA, Philippines — While the Philippines is not beset by high levels of deadly micro-pollution, the country still has a very polluted air, a report on air quality worldwide suggests.
by Rhodina Villanueva (The Philippine Star) With Paolo Romero, 15 Feb 2020 MANILA, Philippines — As the world celebrated Valentine’s Day yesterday, an official of the Commission on Population (PopCom) advised teenagers not to rush into sex to avoid getting pregnant early.
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By: Ben O. de Vera, INQ, 23 Jan 2020 MANILA, Philippines — The Philippine economy grew 5.9 percent in 2019, its slowest pace in eight years, no thanks to delayed approval of last year’s national budget.
By Cai Ordinario, Businessmirror, 20 Jan 2020 A ROBUST manufacturing sector is no longer the “silver bullet” that developing countries can use to escape the middle-income trap, according to experts from the Asian Development Bank (ADB).
Key Takeaways from the UN Climate Conference United Nations The Climate Conference in Madrid — COP25 — established groundwork for taking definitive next steps to increase the level of action that is needed to meet the climate emergency. COP25 in Madrid was organized by Spain in less than a month, after the original organizer, Chile,…
by Darryl John Esguerra, Philippine Daily Inquirer, 8 Jan 2020 MANILA, Philippines — President Rodrigo Duterte has signed into law a measure seeking another salary increase for government workers.
By Merlina Hernando-Malipot, Manila Bulletin, Jan 3, 2019 To improve the chances of achieving the objectives of the Free Tuition Law, the Commission on Higher Education (CHED) was urged to strengthen the monitoring of the quality of higher education institutions (HEIs), both public and private, as well as the quality standards it advocates.