Senator Sherwin Gatchalian on Sunday, Oct. 3 urged the Inter-Agency Task Force (IATF) to consider easing quarantine restrictions to pave way for the resumption of many business operations as more working parents can now return to work. Following the government decision to pilot run limited...
Two former secretaries of the Department of Health (DOH)--Dr. Esperanza Cabral and Dr. Manuel Dayrit--have expressed support for the business sector’s call to ramp up vaccination as a way to protect the citizenry while allowing more mobility for vaccinated individuals to sustain the economy....
The World Bank trimmed its growth forecast for the Philippines this year and expects the country's economic activity to return to pre-pandemic level by 2023 yet because the government is likely to miss the goal of vaccinating most of its population by the end of 2021. Based on the World Bank East...
The long-term economic cost of the coronavirus and the pandemic-induced lockdowns would be over three-times greater than the multi-trillion peso debt obligations of the government, the National Economic and Development Authority (NEDA) estimated. Socioeconomic Planning Secretary Karl Kendrick T....
Sulong Pasay business leaders urged the national government to ramp up vaccination and testing, preferably for free, to encourage people to be inoculated and tested. At the same time, they decried suggestions to discriminate against the unvaccinated for constitutional, medical, and practical...
Finding Answers Former Senator Atty. Joey D. Lina The impact of the economic crisis resulting from the coronavirus pandemic worsened by the Delta variant would be with us for years before any signs of recovery could be seen on the horizon. No less than the International Monetary Fund has affirmed...
Philippine Ambassador to Prague Ombra Jainal has called on Czech investors to take a look at the Philippines' positive business outlook being one of the top emerging economies and countries for investments in the region amid the ongoing onslaught of the COVID-19 pandemic. Philippine Ambassador to...
The proposed national budget for 2022 reflects the state of the economy and how the government plans to achieve recovery from the pandemic that would, in turn, enable the renewed pursuit of sustained growth. President Duterte has proposed to Congress a budget of P5.042 trillion, an 11 percent...
Communications Secretary Martin Andanar expressed confidence that the Philippines will be able to reopen its economy by 2022 after suffering a blow due to the coronavirus (COVID-19) pandemic. Presidential Communications Secretary Martin Andanar (File photo/PCOO/Facebook) Andanar made the statement...
Top national and local government officials, National Capital Region (NCR) mayors, and other experts are set to hold a town hall to discuss ways on how to safely reopen the economy amid the ongoing threat of the coronavirus (COVID-19) pandemic. Presidential Adviser for Entrepreneurship Joey...
The government is determined to accelerate the vaccination of Filipinos and sustain economic recovery programs after the pandemic-hit country roared out of recession. Presidential Communications Secretary Martin Andanar (File photo/PCOO/Twitter) Presidential Communications Secretary Martin Andanar...
The economy has returned into growth mode, posting a dramatic performance in the second-quarter as expected, but the country’s recovery is losing steam as the rapidly spreading Delta variant has forced the government to put the breaks on further reopening plans. 25245 The gross domestic product...
