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From groceries to video games, here's how Americans are spending their stimulus check money
Business Insider - 2020-04-22
Most people are spending the $1,200 on groceries. But a lot of people are spending on streaming services and video games as well.

World Bank sees 19.7% drop in remittances
philstar.com - 2020-04-22
MANILA, Philippines -- Remittances to low and middle-income countries are expected to fall by 19.7 percent this year as migrant workers worldwide suffer layoffs and reduction in wages, the World Bank said yesterday. In a report titled "COVID-19 Crisis Through a Migration Lens," the multilateral bank said remittance inflows to low and ...

BSP waives interbank payment fees amid lockdown
philstar.com - 2020-04-22
MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) has waived the transaction fees imposed on interbank payments to cushion the impact of the coronavirus disease 2019 or COVID-19 outbreak. BSP Deputy Governor Maria Almasara Cyd Tuaño-Amador has issued a memorandum extending a temporary relief measure on real time fund transfer ...

Sampaloc lockdown begins today
philstar.com - 2020-04-22
MANILA, Philippines -- The 48-hour total lockdown in Sampaloc, Manila starts tonight as the number of people infected with the coronavirus disease 2019 (COVID-19) in the district reached 106 yesterday. Mayor Isko Moreno said the lockdown, which begins at 8 p.m. and will last until 8 p.m. on Saturday, would allow the local government to do ...

ICTSI cuts spending budget due to COVID
philstar.com - 2020-04-22
MANILA, Philippines -- International Container Terminal Services Inc. of ports and casino tycoon Enrique Razon has slashed its capital expenditures to $100 million from $400 million owing to the coronavirus disease 2019 or COVID-19 pandemic. "The entire world now is in a recession, a deep one...The global economy will probably shrink this year.

Cagayan village chief slain in shooting
philstar.com - 2020-04-22
TUGUEGARAO CITY, Cagayan, Philippines -- A barangay captain in Calamaniugan town was shot dead on Tuesday. Police said Eranio Caleda, 46, was installing a light bulb attached to a generator at a quarantine checkpoint when the shooting occurred at around 8:55 p.m. Caleda died while being treated in a hospital. Probers are eyeing a row in the ...

2Go to waive ?35-M fee for use of ships as quarantine facilities
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) --2Go Group chairman Dennis Uy said Wednesday that the company will be waiving the ?35-million fee for the use of its two ships as quarantine facilities.

Ayala Land slashes capex to P70 billion
philstar.com - 2020-04-22
MANILA, Philippines -- Ayala Land Inc. is slashing its capital expenditures significantly this year as it sees negative growth for 2020, dragged by the challenges brought about by the coronavirus disease 2019 or COVID-19 pandemic. With the economy at a standstill, the company sees growth significantly affected this year with spillover effects ...

MICE sector seeks priority in tourism recovery plan
philstar.com - 2020-04-22
MANILA, Philippines -- Stakeholders from the meetings, incentives, conventions and exhibitions (MICE) sector are urging the government to prioritize the recovery of the sub-sector over leisure tourism as it would help jumpstart the economy. "If you keep MICE as a priority, the industry will appreciate it and it will really bring the economy ...

Acting NEDA chief seeks more funds to increase national ID registrants to 10 million this year
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) - The newly-appointed socioeconomic planning chief seeks to double the number of registrants under the national ID system this year if funds are available. National Economic and Development Authority (NEDA) Acting Secretary Karl Kendrick Chua told CNN Philippines that they will try to double the minimum ...

Over 2 million food packs distributed in Quezon City
philstar.com - 2020-04-22
MANILA, Philippines -- More than two million food packs have been distributed by the Quezon City government since the enhanced community quarantine was implemented last month. Qualified residents should have received two to three food packs, Mayor Joy Belmonte said yesterday. She urged those needing assistance to communicate with their ...

DOJ eases parole, clemency rules for convicts
philstar.com - 2020-04-22
MANILA, Philippines -- The Department of Justice (DOJ) has relaxed the rules for parole and executive clemency for convicts amid the possible outbreak of the coronavirus disease 2019 or COVID-19 in jails. Justice Secretary Menardo Guevarra approved on April 15 a resolution relaxing the procedures for the release of elderly and sick inmates.

Oil, virus fears send stocks falling anew
philstar.com - 2020-04-22
MANILA, Philippines -- Market investors continued to stay away from the local bourse yesterday as uncertainties surrounding the coronavirus disease 2019 or COVID-19 pandemic continue to linger. The benchmark Philippine Stock Exchange index (PSEi), finished in negative territory for the third straight day. The PSEi ended at 5,573.75, down 18.50 ...

Taguig launches drive-thru testing
philstar.com - 2020-04-22
MANILA, Philippines -- The local government of Taguig will launch this week its drive-thru testing to boost efforts to curb the transmission of the coronavirus disease 2019 or COVID-19. City residents who are possible COVID-19 carriers will be asked to fill out an online assessment form. If health workers determine that they need to be tested ...

Quakes jolt Southern Leyte, Batangas
philstar.com - 2020-04-22
MANILA, Philippines -- Earthquakes shook parts of Batangas and Southern Leyte yesterday. The Philippine Institute of Volcanology and Seismology (Phivolcs) said a magnitude 4.6 earthquake jolted parts of Southern Leyte at around 5:43 a.m., with its epicenter traced some 10 kilometers northwest of Saint Bernard town. The quake was felt at ...

Tax reform plan under review
philstar.com - 2020-04-22
MANILA, Philippines -- The Department of Finance is studying possible revisions in the Comprehensive Tax Reform Program (CTRP) to help sectors severely affected by the coronavirus disease 2019 or COVID-19 outbreak, according to DOF Secretary Carlos Dominguez. Dominguez said this in response to acting Socioeconomic Secretary Karl Kendrick Chua ...

Makati starts testing frontliners
philstar.com - 2020-04-22
MANILA, Philippines -- At least 110 medical frontliners in Makati underwent testing for the coronavirus disease 2019 (COVID-19) yesterday, Mayor Abby Binay said. Binay said personnel from the city health department tested 50 employees of the Ospital ng Makati, 39 at the Rizal Health Center and 27 at Pembo Health Center. Testing medical ...

PNP chief on condo raid: Go ahead, sue cops
philstar.com - 2020-04-22
MANILA, Philippines -- Philippine National Police (PNP) chief Gen. Archie Francisco Gamboa challenged yesterday the management of a condominium in Taguig City to file charges against the policemen who berated its tenants for reportedly breaching quarantine protocols. The management of Pacific Plaza Towers earlier threatened to file complaints ...

Sugar production to hit 10-year low
philstar.com - 2020-04-22
MANILA, Philippines -- Local sugar output is seen hitting its 10-year low and will further decline in the next crop year, prompting more imports of the commodity amid increasing demand. In the latest report of the US Department of Agriculture- Foreign Agricultural Service, local sugar production will likely reach 2.025 million MT, down 3.5 ...

COVID-19 crisis pushing organizations deeper into digital transformation
ZDNet - 2020-04-22
There is speculation and anecdotal accounts that the COVID-19-related shutdowns or slowdowns in business and consumer activity and closures of physical workplaces has given many companies a kick in the pants they need to speed up their pace of digital transformation. All along, digital transformation has been mainly seen among businesses under ...

Coronavirus test maker Roche sees sales rise
Philippine Daily Inquirer - 2020-04-22
GENEVA -- Swiss pharmaceutical company Roche, which helps make tests to detect the COVID-19 illness, said Wednesday its sales edged up in the first quarter despite the broad economic volatility created by the pandemic. The Basel-based company noted its cobas test for the novel coronavirus drew an emergency use exemption by the U.S. Food and ...

Intel is using AI to gather real-time data on coral reef health
YAHOO! - 2020-04-22
Accenture and the Sulubaaï Environmental Foundation -- announced CORaiL, an AI-powered project to monitor coral reefs and analyze their resiliency.

Acting NEDA chief: We are considering loan guarantees for MSMEs
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) - The government assured support for small and medium enterprises who are struggling amid the COVID-19 crisis. Acting Socioeconomic Planning Secretary Karl Kendrick Chua told CNN Philippines they are looking at the possibility of providing loan guarantees to small and medium businesses dealing with ...

The pandemic diaries
BusinessMirror - 2020-04-22
The pandemic wreaking health havoc worldwide has likewise rewritten how global business works. It is now unsure how to cope with the novel no-demand-no-supply economy. The crisis has now crept into the oil market, disrupting the global demand for energy. Devoid of a timeline on when the lockdown ends in the developed world, the oil market ...

PHL hotels seen cutting room rates, to rely on locals to revive industry
BusinessMirror - 2020-04-22
As of April 7, the Department of Tourism (DOT) has allowed over 200 hotels to operate to accommodate returning overseas Filipino workers and have to be quarantined for 14 days, business process ...

OFW remittances seen falling by 20%
Philippine Daily Inquirer - 2020-04-22
Remittance flows to the Philippines may decline by more than a fifth this year as many Filipinos working and living abroad stood to lose employment while the global economy grappled with the COVID-19 pandemic, the Washington-based World Bank said. "Year-on-year growth in remittances [to the Philippines] for January and February 2020 was 4.8 ...

Cebu City to extend enhanced community quarantine until May 15
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) -- The mayor of Cebu City announced on Wednesday that it will extend its enhanced community quarantine until May 15, following the surge in the number of COVID-19 cases in the Queen City of the South. Mayor Edgar Labella said he will issue an executive order next week on the extension of the quarantine ...

UP economics profs recommend sector-based random sample testing
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) -- A group of economics professors from the University of the Philippines (UP) has proposed the use of sample-based random testing for COVID-19 from among the different industries or sectors and localities such as barangays to fully understand and monitor the transmission of the deadly virus. In ...

CITIRA to be tweaked to account for Covid
BusinessMirror - 2020-04-22
Finance Secretary Carlos G. Dominguez III gave an indication of what provisions of the Citira could be tweaked to satisfy the twin objectives of, on one hand, helping shore up revenue for a government forced to shell out billions in business stimulus and worker relief, and on the other, easing the pain of the sectors most impacted by the ...

Ramadan officially begins on Friday, April 24, says Bangsamoro grand mufti
Philippine Daily Inquirer - 2020-04-22
COTABATO CITY - The month-long fasting of Muslim faithful here and across the globe will officially start on Friday, April 24, after several moon sighting teams failed to see the crescent moon tonight, Muslim religious leaders said. "By virtue of the authority vested in me, I hereby declare that we shall start the fasting month of Ramadhan ...

Keeping the lights on amid the pandemic
BusinessMirror - 2020-04-22
We are implementing our business continuity plan as well as measures to distribute power around-the-clock, especially to crucial installations such as hospitals," said Engr. Ronnie Aperocho, Meralco senior vice president and head of networks. In anticipation of the massive testing that DOH seeks to implement, Meralco partnered with Concepcion ...

China COVID-19 sales rack up as PH acquires $2.5M in lab equipment
Philippine Daily Inquirer - 2020-04-22
MANILA, Philippines--China is racking up sales of medical gadgets with the latest being $2.5 million in lab equipment for coronavirus testing that the Philippines acquired from the country where the contagion started. The purchase of the equipment with 45,000 test kits from the Beijing Genomics Institute (BGI) was funded by the Asian ...

DOH records 39 more recoveries as COVID-19 cases in PH increase to 6,710
Philippine Daily Inquirer - 2020-04-22
MANILA, Philippines -- An additional 39 people infected with the new virus have recovered, according to the Department of Health (DOH), even as the number of COVID-19 cases in the country increased to 6,710 on Wednesday, April 22. DOH said the total count of people who were able to recover from the disease is now at 693 while the death toll ...

ASEAN leaders urged: Provide gender-based measures amid COVID-19 emergency
Philippine Daily Inquirer - 2020-04-22
"The population is not homogenous. We need to consider how different segments of the population are affected, ensure that any response must be needs-based, gender-responsive, and to ensure that human rights are respected." This was what Ambassador of Canada to ASEAN, Diedrah Kelly, said Tuesday, April 21, in a webinar sponsored by the Asian ...

Quezon City cop shoots 'mentally challenged' quarantine violator
philstar.com - 2020-04-22
MANILA, Philippines -- A man who was described as "mentally challenged" was shot by a police officer who is now facing criminal and administrative charges, the Quezon City Police District (QCPD) said Wednesday evening. Spot reports said that retired soldier Winston Ragos, 34, accosted QC police manning a quarantine checkpoint on Tuesday, April 21.

Hontiveros wants CHR, PNP to probe death of ex-soldier in Quezon City
Philippine Daily Inquirer - 2020-04-22
MANILA, Philippines - Senator Risa Hontiveros has asked the human rights sector and the police to investigate the death of a retired soldier, who was shot by a Quezon City policeman despite the victim appearing to have a mental illness. Hontiveros said in a Facebook post on Wednesday that law enforcement agencies do not have an excuse ...

Govt. rents two ships as quarantine facilities
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) - Two passenger ships will be rented out by the government for P35 million in two months to be transformed into COVID-19 quarantine facilities, the Transportation department said Wednesday. The ships are owned by 2GO Group Inc., a company of Davao-based businessman Dennis Uy. Transportation Secretary ...

Pandemic propels fintech platforms to frontlines, bigger presence in future
BusinessMirror - 2020-04-22
"Today, people can easily borrow through mobile devices that allow them to continue their daily business routine while waiting for the result," he said. "Fintech is really more about ...

We are only in the early stages of a global economic crisis-Sen. Marcos
BusinessMirror - 2020-04-22
Sen. Imee Marcos, moving to avert impending layoffs, prodded the Duterte administration to "expand payroll aid" beyond its Small Business Wage Subsidy (SBWS) program to prevent micro, small and medium enterprises (MSMEs) at risk of folding up from resorting to layoffs due to the extended business lockdown caused by the virus contagion.

NBI arrests man selling fake task force IDs
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) -- A man in Biñan, Laguna was arrested by authorities last week for claiming to be part of a presidential task force and selling fake task force identification cards for ?1,500-?2,000 each. The National Bureau of Investigation on Thursday said the suspect, Marvin Cuna, falsely identified himself to ...

QCPD chief orders probe on cop involved in checkpoint shooting incident
Philippine Daily Inquirer - 2020-04-22
MANILA, Philippines -- The leadership of the Quezon City Police District (QCPD) has ordered an investigation on the police officer involved in a shooting incident at a quarantine checkpoint in Quezon City that led to the death of an alleged retired soldier. In a statement on Wednesday, QCPD chief Brig. Gen. Ronnie Montejo said Police Master ...

Cash aid to OFWs stays as DOLE retracts 'wrong announcement' after two hours
philstar.com - 2020-04-22
MANILA, Philippines -- Migrant workers displaced by the coronavirus disease-2019 (COVID-19) outbreak can still apply for aid before the labor department, which took back a "wrong announcement" of aid suspension nearly two and a half hours after being made. In a Viber message to Philstar.com, Labor Undersecretary Claro Arellano, who ...

Fight climate change like coronavirus: UN
philstar.com - 2020-04-22
GENEVA, Switzerland -- The United Nations on Wednesday urged the world to fight climate change with the same determination as it is showing in the battle against COVID-19. The UN's World Meteorological Organization said it was time to flatten the curve on climate change as well, with its impact on the planet "reaching a crescendo" in the past ...

BJMP: More isolation facilities being built for COVID-19 infected detainees
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) -- The Bureau of Jail Management and Penology said more isolation facilities were being built in different parts of the country where infected detainees could stay amid the COVID-19 crisis. BJMP Spokespeson Xavier Solda made the statement at the Laging Handa briefing Wednesday. Apart from the isolation ...

Cat blinded after being hit on the head; owner calls for animal cruelty awareness
Philippine Daily Inquirer - 2020-04-22
MANILA, Philippines--A cat owner is calling for animal cruelty awareness after her cat went blind on one eye following an assault by her neighbor (name withheld), who whacked the cat on the head with a piece of wood. The neighbor, who is in his 20s, on Sunday attacked the cat, Mingming, after the pet allegedly jumped on him while he was ...

DFA says Filipinos abroad who tested positive for COVID-19 climb to 1,114
Philippine Daily Inquirer - 2020-04-22
MANILA, Philippines -- Thirty new cases of the coronavirus disease (COVID-19) among Filipinos abroad have been recorded along with six new fatalities, the Department of Foreign Affairs (DFA) said Wednesday. With the newly reported cases, DFA figures showed that the total number of Filipinos abroad who tested positive for the new coronavirus ...

1,062 healthcare workers in PH have COVID-19; 26 die
Philippine Daily Inquirer - 2020-04-22
MANILA, Philippines -- A total of 1,062 healthcare workers in the country have been found positive for the novel coronavirus (SARS-CoV-2) that leads to the deadly respiratory illness COVID-19. The Department of Health (DOH) revealed this on Wednesday, adding that 26 of them - including 19 doctors - have already died. Specifically, DOH said ...

Coronavirus Outbreak in Philippines Jail Sees 123 Inmates Infected
New York Times - 2020-04-22
A prison in the Philippines is suffering from a major outbreak of the new coronavirus with 123 infected inmates, officials said on Wednesday, adding to concerns among activists about contagion risks in some of the world's most overcrowded jails.

Over 1,000 health workers infected, 26 dead due to COVID-19
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) -- The Department of Health said more than 1,000 healthcare workers in the country were positive for the coronavirus disease, most of whom are doctors. The agency broke down on Wednesday the 1,062 infected healthcare workers, namely, 422 doctors, 386 nurses, 30 medical technologists, 21 radiological ...

New NEDA chief wants to improve tax system after COVID-19 crisis
CNN Philippines - 2020-04-22
Metro Manila (CNN Philippines, April 22) -- Acting Socioeconomic Planning Secretary Karl Chua on Wednesday said he wants to revisit the country's tax system to help ease the burden of millions of Filipinos severely affected by the COVID-19 pandemic. "Ang tax system natin kailangan talagang baguhin kasi maraming problema, kumplikado, hindi ...

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