November 28, 2022
Manila improves in smart centers list
Source BusinessWorld
NEDA sees over 7% GDP growth this year
Philippine Star, November 28, 2022
Louella Desiderio
The economy will likely grow by over seven percent this year, and be comparatively strong next year even as there are external and domestic challenges, the National Economic and Development Authority (NEDA) said...
Debt-to-GDP ratio seen to drop to 50% by 2028
BusinessWorld, November 28, 2022
Luisa Maria Jacinta C. Jocson
The Philippines’ debt-to-gross domestic product (GDP) ratio is expected to drop to around 50% by 2028 if it sustains its strong economic growth, Finance Secretary Benjamin E. Diokno said...
Philippines may lead AsPac growth in 2023 – Moody’s
Philippine Star, November 28, 2022
Lawrence Agcaoili
The Philippines is likely to lead economic growth in Asia-Pacific in 2023, supported by pent-up demand after the strict COVID-19 quarantine and lockdown protocols, according to Moody’s Investors Service...
House, Senate seen to allow P77-B amendments
BusinessMirror, November 28, 2022
Jovee Marie De La Cruz
The leadership of the House of Representatives on Sunday expressed confidence that they will reach common ground with senators on the P77-billion institutional amendments by the House to augment the budget for education, health, transportation and other critical social services...
Salary hike for gov’t employees ‘worthless’ – ACT
Philippine Daily Inquirer, November 28, 2022
Jane Bautista, Marlon Ramos
The Alliance of Concerned Teachers (ACT) has pooh-poohed the annual salary hike of government workers under the Salary Standardization Law (SSL) V as “worthless,” as it only added a measly P4.85 to their daily minimum wage based on the group’s computation...
Lawmaker seeks 1% IRA allotment for seniors, PWDs
Philippine Star, November 28, 2022
Sheila Crisostomo
A lawmaker wants local government units (LGUs) to allocate one percent of their internal revenue allotment (IRA) for senior citizens and another one percent for persons with disability (PWDs) in recognition of their roles in developing “a strong nation”...
House to press budget revision to hike funds for social services
Manila Standard, November 28, 2022
Rio N. Araja and Macon Ramos-Araneta
The House of Representatives to the bicameral conference committee will push P77 billion in institutional amendments to the proposed P5.268-trillion national budget bill to augment the funds for education, health, transportation, and other critical social services, Speaker Martin Romualdez said Sunday...
Revisiting CREATE law urged for better perks
BusinessMirror, November 28, 2022
Andrea E. San Juan
The Philippine Economic Zone Authority (PEZA) said there’s a need to revisit the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law to make fiscal incentives “more competitive.”...
Former health chief asks DOH to issue rules on 2G Covid vax
BusinessMirror, November 28, 2022
Jovee Marie De La Cruz
With the expected arrival of the updated Covid-19 vaccine next month, a former secretary of health and now Iloilo lawmaker called on the Department of Health (DOH) to now draft the guidelines on how to administer the second generation vaccines against the virus...
Bill seeks food security framework
The Manila Times, November 28, 2022
Philippine News Agency
A Quezon City legislator recently refiled a bill that institutionalizes a framework to address the country's problem with food security...
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Bill widening scope of prohibited discrimination acts vs women gets House nod
Philippine Daily Inquirer, November 28, 2022
Gabriel Pabico Lalu
A proposal to amend the Labor Code of the Philippines by widening the scope of actions that qualify as gender-based discrimination against women has been approved on the third and final reading at the House of Representatives...
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Lapid bill requires drug overdose reporting; up to P500,000 fine for violators
Philippine Daily Inquirer, November 28, 2022
Maila Ager
Senator Lito Lapid has filed a measure that would require the reporting of deaths related to drug overdose or OD in the country, making it unlawful for any person to withhold or fail to disclose such information...
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Baguio relaunches online tourist registration app
The Manila Times, November 28, 2022
Dexter A. See
The local government will be relaunching the Visitors Information and Travel Assistance (Visita) registration platform as a tourist assistance application to further boost tourist arrivals in the Summer Capital...
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More biodegradable replacements for plastics eyed
Philippine Daily Inquirer, November 28, 2022
Krixia Subingsubing
New innovations could eventually help the Philippines transition to a more “sustainable sachet economy,” scientists said on Thursday, as they allayed concerns that the country’s plastic sachet culture was nothing but inevitable...
Philippines, Australia to strengthen defense cooperation
Philippine Star, November 28, 2022
Pia Lee-Brago
The Philippines and Australia have committed to strengthen their foreign and defense cooperation and collaboration on maritime security and transnational crimes...
PCG chief meets Chinese ambassador, tackles WPS incident
Philippine Daily Inquirer, November 28, 2022
Frances Mangosing
Philippine Coast Guard (PCG) commandant Admiral Artemio Abu met with Chinese ambassador Huang Xilian on Friday, only days after the visit of US Vice President Kamala Harris and a Chinese coast guard vessel forcibly retrieved rocket debris a Philippine Navy vessel was towing to Pag-asa (Thitu) Island...
South Korea extends $7 million to PNP
Philippine Daily Inquirer, November 28, 2022
Frances Mangosing
South Korea will allocate $7 million in the next five years to boost the Philippine National Police’s investigation data management...
Recession in developed countries to impact trade, says ADB
Philippine Star, November 28, 2022
Louella Desiderio
Asia’s developing countries will not be spared from the impact of a recession in advanced economies, with the effect mainly to be on trade, the Asian Development Bank (ADB) said...
Canada unveils new Asia-Pacific strategy with eye on China
Philippine Star, November 28, 2022
Agence France-Presse
Canada on Sunday unveiled its new economic and diplomatic strategy for the Asia-Pacific region, allocating 2.3 billion Canadian dollars (US$1.7 billion) over the next five years to the plan aimed at mitigating risks posed by China...
'US makes profits from Ukraine war'
The Manila Times, November 28, 2022
Xinhua News Agency
The United States is making profits from the conflict in Ukraine in terms of liquefied natural gas, the arms industry and industrial competitiveness, a French journalist has said...
Protests across China as anger mounts over zero-Covid policy
Philippine Star, November 28, 2022
Matthew Walsh and Michael Zhang, Agence France-Presse
Hundreds of people took to the streets in Beijing and Shanghai on Sunday to protest against China's zero-Covid policy in a rare outpouring of public anger against the state...
'NKorea to have supreme nuclear force'
The Manila Times, November 28, 2022
Agence France-Presse
North Korean leader Kim Jong Un said his country aimed to have the world's most powerful nuclear force as he celebrated the launch of its newest intercontinental ballistic missile at a ceremony with his young daughter, state media reported Sunday...
Iran rejects UN investigation into protests – spokesperson
Philippine Daily Inquirer, November 28, 2022
Reuters
Iran will reject a newly-appointed independent United Nations (UN) investigation into the country’s repression of anti-government protests, the foreign ministry said Monday, as demonstrations showed no sign of abating...
China’s protests over lockdowns spread to campuses and communities abroad
Philippine Daily Inquirer, November 28, 2022
Reuters
Protests against China’s strict zero-COVID policy and restrictions on freedoms have spread to at least a dozen cities around the world in a show of solidarity with rare displays of defiance in China over the weekend...
UK Prime Minister Sunak vows to maintain military aid to Ukraine
Philippine Daily Inquirer, November 28, 2022
Reuters
British Prime Minister Rishi Sunak plans to promise on Monday to maintain or increase military aid to Ukraine next year, and to confront international competitors “not with grand rhetoric but with robust pragmatism”...
China poses increasing threat in military space race, top US general says
Philippine Daily Inquirer, November 28, 2022
Reuters
Rapid advancements in China’s military capabilities pose increasing risks to American supremacy in outer space, the head of the United States military’s space wing said on Monday...
Global wildlife summit OKs protection of 54 shark species
The Manila Times, November 28, 2022
Agence France-Presse
Delegates at a global summit on trade in endangered species on Friday (Saturday in Manila) approved a plan to protect 54 more shark species, a move that could drastically reduce the lucrative and cruel shark fin trade...
US weighs sending 100-mile strike weapon to Ukraine–sources
Philippine Daily Inquirer, November 28, 2022
Reuters
The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms...
Police bust cocaine ‘super-cartel’ in Dubai, Europe–Europol
Philippine Daily Inquirer, November 28, 2022
Agence France-Presse
Police have dismantled a huge drugs “super-cartel” that controlled a third of Europe’s cocaine trade, arresting 49 people in various countries including six top suspects in Dubai, Europol said Monday...
‘2nd booster required before bivalent vaccine’
Philippine Star, November 28, 2022
Sheila Crisostomo
The Department of Health still has no guidelines on a vaccination program using the bivalent vaccine, including informing the public that a second booster is required before getting jabbed a fifth time, Iloilo Rep. Janette Garin said...
PNP warns public vs fake cryptocurrency investments
Philippine Star, November 28, 2022
Ralph Edwin Villanueva
The Philippine National Police - Anti-Cybercrime Group (PNP-ACG) is warning the public to be wary of supposed fake cryptocurrency scams this holiday season...
House sees Senate support for budget amendments
The Manila Times, November 28, 2022
Philippine News Agency
House Speaker Ferdinand Martin Romualdez is confident that the Senate bicameral conference panel contingent will support the P77-billion institutional amendments by the House of Representatives on the proposed P5.268 trillion General Appropriations Bill for 2023...
Palace hopeful court will lift TRO vs Meralco deal
Philippine Star, November 28, 2022
Kristina Maralit
President Ferdinand "Bongbong" Marcos Jr. on Sunday expressed hope the Court of Appeals (CA) will reconsider its issuance of a temporary restraining order (TRO) suspending the implementation of the South Premier Power Corp. (SPPC) Power Supply Agreement (PSA) with the Manila Electric Co. (Meralco)...
TRO on power deal may burden users – Marcos
Philippine Daily Inquirer, November 28, 2022
Jerome Aning
Warning that ordinary consumers risked paying higher electricity prices, President Ferdinand Marcos Jr. on Sunday said he hoped the Court of Appeals (CA) would reconsider its issuance of a temporary restraining order (TRO) suspending the implementation of the power supply agreement (PSA) between South Premiere Power Corp. (SPPC), a unit of conglomerate San Miguel Corp. (SMC), and Manila Electric Co. (Meralco)...
Intel fund cuts to benefit 4.6 million Filipinos
Philippine Daily Inquirer, November 28, 2022
Jeannette I. Andrade
House Deputy Minority Leader France Castro on Sunday asked the bicameral conference committee to realign the P9.3-billion confidential and intelligence funds (CIF) in next year’s proposed P5.268-trillion national budget as cash aid to 4.65 million of the country’s poor...
Higher electricity bills loom
Manila Standard, November 28, 2022
Vince Lopez
President Ferdinand Marcos Jr. on Sunday described as “unfortunate” the recent Court of Appeals decision that would enable San Miguel Corp.’s power subsidiary to charge more for the electricity it supplies to the Manila Electric Co. (Meralco), a move that could mean higher power bills for millions of consumers...
GOCC subsidies surge in October
BusinessWorld, November 28, 2022
Luisa Maria Jacinta C. Jocson
Subsidies extended to government-owned and -controlled corporations (GOCCs) surged to P39.981 billion in October, the Bureau of the Treasury (BTr) said...
Angara: P50-B worth of elderly’s pension should be ‘fully funded’ in 2023 budget
Philippine Daily Inquirer, November 28, 2022
Maila Ager
Indigent senior citizens may start receiving higher social pensions next year as lawmakers work to include funding for it in the 2023 national budget...
Metro Manila’s COVID-19 positivity rate soars from 7.5% to 11.1% – Octa Research
Philippine Daily Inquirer, November 28, 2022
Daphne Galvez
Metro Manila’s COVID-19 positivity rate increased from 7.5% to 11.1% within seven days, according to an independent pandemic monitor...
SolGen pushes for return of DOJ full control over BuCor
Philippine Daily Inquirer, November 28, 2022
Tina G. Santos
Congress should consider restoring the “full control, instead of mere supervision” of the Department of Justice (DOJ) over the Bureau of Corrections (BuCor), according to former Justice Secretary and now Solicitor General Menardo Guevarra...
Dengue cases nearly triple since last year
Philippine Daily Inquirer, November 28, 2022
Dona Z. Pazzibugan
Dengue cases reported during the first 10 months of the year are nearly triple the number of cases reported during the same period last year, according to the Department of Health (DOH)...
‘Revamped’ drug war should include accountability – rights advocates
Philippine Daily Inquirer, November 28, 2022
Krixia Subingsubing
Rights advocates on Sunday expressed their reservations about the government’s newly launched “revamped” drug war that promised to focus on demand reduction and rehabilitation, saying a genuine program should include accountability for abuses committed in the conduct of the anti-drug campaign...
Ensure safety of cyclists, transport advocates urge gov’t
Philippine Daily Inquirer, November 28, 2022
Jane Bautista
Transport advocates called on the government to invest more in road infrastructure that would ensure the safety of cyclists and put an end to the “deadly” two-wheeled travel in the country...
RITM to stay if CDC is created – lawmaker
The Manila Times, November 28, 2022
Ma. Reina Leanne Tolentino
The Research Institute for Tropical Medicine (RITM) will not be abolished if the country establishes a Center for Disease Control (CDC), Albay Second District Rep. Jose Ma. Clemente "Joey" Salceda said...
DOLE gives workers with NOS P770M in monetary benefits
BusinessMirror, November 28, 2022
Samuel P. Medenilla
Over P770 million worth of monetary benefits were awarded to workers this year with the disposition of their Notices of Strike (NOS), according to the Department of Labor and Employment (DOLE)...
Create natl maritime agenda, BBM urged
The Manila Times, November 28, 2022
Yashika F. Torib
The Philippines is an archipelagic country with a good seafaring status, but it lacks a national maritime agenda, Brenda Pimentel, former regional coordinator of the International Maritime Organization (IMO) in East Asia, said...
Unstoppable feast on Christmas Eve
Business Mirror, November 28, 2022
Andrea E. San Juan
With less than a month away from the noche buena festivities, it’s an impossible wish for the rising prices of goods and commodities to be halted or reversed. Still, from most indications, inflation won’t triumph over tradition and family...
House probe of failed anti-rabies project urged
Philippine Daily Inquirer, November 28, 2022
Jane Bautista
Quezon City Rep. Marvin Rillo on Sunday sought an investigation of the “unsuccessful” National Rabies Prevention and Control Program (NRPCP), which started 15 years ago, citing a 37-percent increase in rabies deaths this year despite its funding of up to P990 million yearly...
DOE expects completion of natural gas projects by Q1
Philippine Star, November 28, 2022
Richmond Mercurio
The Department of Energy (DOE) expects the completion of natural gas projects in Luzon by the first quarter of 2023 to help stabilize power supply next year...
To entice more investors, Peza seeks to enhance perks
Philippine Daily Inquirer, November 28, 2022
Alden M. Monzon
The Philippine Economic Zone Authority (Peza) said last week that they are working on amendments to the nearly three-decades-old law, which saw to its creation, including changes to their incentives system to make the country’ economic zones more attractive to investors...
Philippines sees economy slowing, but ‘comparatively strong’ in 2023
BusinessWorld November 28, 2022
Reuters
Philippine economic growth may ease next year after a likely expansion of more than 7% this year as global risks linger, but it will remain resilient, a top official said on Sunday...
Shortened week, window dressing to buoy PSEi
Philippine Star, November 28, 2022
Iris Gonzales
Buoyant sentiment prevailed at the Philippine stock market last week, resulting in the continued winning streak for the bourse...
LPG may buck oil price rollback next week
Manila Standard, November 28, 2022
Prices of liquefied petroleum gas (LPG) products may rise again next month, in contrast to the continued rollback in fuel pump prices in the next few weeks, the Department of Energy (DOE) said Sunday...
Young Pinoys not keen on going abroad to seek jobs
BusinessMirror, November 28, 2022
Cai U. Ordinario
Majority of young Filipinos do not want to leave the country to find work, according to the YouthLed 2021 National Youth Survey...
Carriers, hotels: Brisk holiday travel as airfare cost steady
BusinessMirror, November 28, 2022
Ma. Stella F. Arnaldo
The cost of airfare will likely be the same in December and not likely affect holiday vacation plans of the public...
Copra meal project gets P69M
The Manila Times, November 28, 2022
The Department of Budget and Management has approved the release of P69.7 million to support the Protein-Enriched Copra Meal (PECM) Commercialization Project under the National Livestock Program of the Department of Agriculture (DA)...
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MSMEs told to ramp up green compliance
The Manila Times, November 28, 2022
Manufacturers, exporters, and micro, small and medium enterprises (MSMEs) should start scaling up their green operations as climate change, circularity and sustainability head the mega trends that increasingly impact trade worldwide, according to an industry expert...
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Puriwat, W. & Hoonsopon, D. (2022). Cultivating product innovation performance through creativity: The impact of organizational agility and flexibility under technological turbulence. Journal of Manufacturing Technology Management, 33 (4), 741-762.
https://doi.org/10.1108/JMTM-10-2020-0420
Access the full article via Emerald Insight institutional login (University of the Philippines Diliman).
https://www.emerald.com/insight/content/doi/10.1108/JMTM-10-2020-0420/full/html