September 23, 2022
How minimum wages compared across regions in August
Source BusinessWorld
UPCAT returns for SY 2024-2025
The Manila Times, September 23, 2022
Aric John Sy Cua
The University of the Philippines (UP) announced that it will bring back its UP College Admission Test (UPCAT) for academic year (AY) 2024-2025...
Most AsPac countries, including PHL, trailing in SDGs
BusinessMirror, September 23, 2022
Cai Ordinario
The country is on track to meet only one Sustainable Development Goal (SDG), based on latest data from the Philippine Statistics Authority (PSA)...
BSP raises key rates to tame inflation
BusinessWorld, September 23, 2022
Norman P. Aquino and Keisha B. Ta-asan
The Philippine central bank raised benchmark interest rates on Thursday for a fifth time this year to rein in persistently high inflation amid a struggling peso and hawkish US Federal Reserve...
Philippine healthcare among most vulnerable to attacks — Kaspersky
BusinessWorld, September 23, 2022
Arjay L. Balinbin
The Philippines healthcare industry is among the most vulnerable to cyberattacks in Southeast Asia, according to Kaspersky...
Philippines enters ‘phase of acceptance’ in pandemic – Concepcion
Philippine Star, September 23, 2022
Catherine Talavera
Filipinos continue to learn to live with the COVID-19 virus as the country enters a phase of acceptance in the pandemic, Go Negosyo founder Joey Concepcion said...
Peso on a freefall, slumps to 58.49:$1
Philippine Star, September 23, 2022
Lawrence Agcaoili
The peso continued its downward spiral yesterday, shedding another 49 centavos to settle at an all-time low of 58.49 to a dollar from Wednesday’s 58 to $1 after the US Federal Reserve unveiled a third straight huge 75-basis-point rate hike followed by a 50-basis-point increase by the Bangko Sentral ng Pilipinas (BSP)...
PH sea level rising 3 times faster than world average, says expert
Philippine Daily Inquirer, September 23, 2022
Nestor Corrales
The sea level in the Philippines is rising three times faster than the global average, putting many of its coastal villages in peril, according to a climate scientist of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa)...
ARTA report card poll notes EODB compliance
BusinessMirror, September 23, 2022
Andrea E. San Juan
The Anti-Red Tape Authority (ARTA) has launched the Report Card Survey (RCS) 2.0, a tool to obtain feedback on how provisions of the Republic Act 11032 or the Ease of Doing Business (EODB) law are being followed...
House budget schedule still on track after 2 urgent bills’ OK
BusinessMirror, September 23, 2022
Jovee Marie De La Cruz
The leadership of the House of Representatives on Thursday said it will give its full and undivided attention to the final approval of the P5.268-trillion General Appropriations Bill for 2023...
Twin bills mandate govt to buy local farm produce, install drying facilities
BusinessMirror, September 23, 2022
Jovee Marie De La Cruz
Twin bills mandate govt to buy local farm produce, install drying facilities...
Senator asks peers to review contradictions in gov’t enforcement of Corporate Recovery law
BusinessWorld, September 23, 2022
John Victor D. Ordoñez
A resolution that seeks to review the government’s enforcement of a law that extends fiscal relief to local and foreign corporations in the Philippines has been filed at the Senate...
Congress not keen on carbon tax
Philippine Star, September 23, 2022
Louise Maureen Simeon
Lawmakers may not be inclined to pass any measure that will impose a carbon tax as this can make electricity more expensive even amid worsening impacts of climate change...
SC: Nondisclosure of work history not always ground for dismissal
Philippine Daily Inquirer, September 23, 2022
Tina G. Santos
The Supreme Court has ruled that nondisclosure of a previous employment is not always a valid ground for dismissal from service...
‘Criminalize peddling of fake news’
Daily Tribune, September 23, 2022
Gab Humilde Villegas
Senator Jinggoy Estrada on Thursday pushed to criminalize the act of spreading false or misleading news online...
TPB: Higher Japan booster rate bodes well for PHL tourism
BusinessMirror, September 23, 2022
Ma. Stella F. Arnaldo
The Philippines should expect more tourists from Japan to arrive in the next few months with the latter’s booster vaccine rate no longer hampering their outbound travel...
Japan leader affirms vow to help PHL attain middle-income status
BusinessMirror, September 23, 2022
Samuel P. Medenilla
The country is now expected to get more economic assistance from Japan to help reach its goal of attaining upper middle-income status before the end of the administration of President Ferdinand R. Marcos Jr...
'We're still in the tunnel': WHO chief says pandemic not over
Philippine Star, September 23, 2022
Agence France-Presse
The head of the World Health Organization on Thursday tempered his assertion that the end of the COVID-19 pandemic was near, warning that declaring the crisis over was "still a long way off"...
Japan to lift COVID-19 restrictions on foreign tourists from October
Philippine Star, September 23, 2022
Agence France-Presse
Japan announced Thursday that it will lift tough COVID-19 restrictions on foreign tourists, reopening the borders after two and a half years...
Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates
Rappler, September 22, 2022
Reuters
Japan intervened in the foreign exchange market on Thursday, September 22, to buy yen for the first time since 1998, in an attempt to shore up the battered currency after the Bank of Japan (BOJ) stuck with ultra-low interest rates...
Europe’s vegetable farmers warn of shortages as energy crisis bites
Rappler, September 22, 2022
Reuters
Emmanuel Lefebvre produces thousands of metric tons of endives on his farm in northern France annually, but this year he may abandon his crop because of the crippling energy costs required to freeze the harvested bulbs...
Water in asteroid dust offers clues to life on Earth
ABS-CBN News, September 23, 2022
Kyoko Hasegawa, Agence France-Presse
Specks of dust retrieved by a Japanese space probe from an asteroid some 300 million kilometers from Earth have revealed a surprising component: a drop of water, scientists said Friday...
With an eye on China, US to develop drones with India
ABS-CBN News, September 23, 2022
Agence France-Presse
The United States and India will co-develop drones, a senior Pentagon official said Thursday, as Washington seeks closer ties with Delhi as a way of countering China...
Only Marcos granted meeting with Biden; maritime dispute, other key issues tackled — Palace
Philippine Daily Inquirer, September 23, 2022
Daphne Galvez
President Ferdinand “Bongbong” Marcos Jr. is the only world leader to have met with US President Joe Biden on the sidelines of the United Nations 77th General Assembly, Malacañang said Thursday (Friday Manila time)...
Uganda confirms six more cases of Ebola — WHO
GMA News, September 23, 2022
Six new cases of Ebola have been found in Uganda, the World Health Organization (WHO) said Thursday, after the country reported its first fatality from the highly contagious virus since 2019...
Israel PM: World must use force if Iran builds nuclear bomb
Manila Standard, September 23, 2022
Agence France-Presse
The international community should use military force if Iran develops nuclear weapons, Israeli Prime Minister Yair Lapid told the United Nations on Thursday, as he reiterated support for creation of a “peaceful” Palestinian state...
DBM allots P669.3 million for first virology, vaccine institute in 2023 NEP
BusinessMirror, September 23, 2022
Cai Ordinario
The national government (NG) is allocating P669.3 million to finance the establishment of the Virology and Vaccine Institute of the Philippines (VIP), the Department of Budget and Management (DBM) said...
BSP, BAP push for banks’ digital transformation
BusinessWorld, September 23, 2022
K.B. Ta-asan
The Bangko Sentral ng Pilipinas (BSP) and the Bankers Association of the Philippines (BAP) will continue to foster digital transformation in the sector to meet demand for online financial services...
PNP: Crime rate dropped by 59% in 2 days
Philippine Star, September 23, 2022
Emmanuel Tupas
The crime rate in the country dropped by at least 59 percent in two days, the Philippine National Police (PNP) reported yesterday...
Philippine government says it can’t deal with climate change alone
BusinessWorld, September 22, 2022
Diego Gabriel C. Robles
The Philippines needs to take a “whole of society” approach in tackling climate change because of the government’s inability to shoulder the burden on its own, officials said, citing the need for full-scale efforts in mitigating disaster risk and transitioning to renewable energy...
Congress looking for ways to secure funds for SPED program — solon
Philippine Daily Inquirer, September 23, 2022
Lyka Farillon
Congress is already exploring means to secure funds for the Department of Education’s (DepEd) special education (SPED) program for next year, said Pasig Rep. Roman Romulo...
70% of deaths in PH due to noncommunicable diseases, says WHO
ABS-CBN News, September 23, 2022
John Gabriel Agcaoili
Non-communicable diseases (NCDs) led to an estimated 70 percent of deaths in the Philippines, the World Health Organization said in a recent report...
Let companies decide on their work setups–Concepcion
Philippine Daily Inquirer, September 23, 2022
Alden M. Monzon
The private sector should be given the prerogative to decide on the work arrangements suitable for specific companies or industries, entrepreneurship advocate and former presidential adviser Joey Concepcion said on Thursday...
Slow uptake in booster shots drive lowers aim to 30%
Manila Standard, September 23, 2022
Willie Casas
In a statement, Department of Health (DOH) officer-in-charge Undersecretary Maria Rosario Vergeire said instead of aiming to inoculate 50 percent of all people eligible for boosters, the DOH will aim to vaccinate 30 percent by Oct. 8, and shoot for 50 percent by the end of the year...
OCTA: NCR COVID-19 positivity rate up; 2,000 daily cases possible by October
CNN Philippines, September 22, 2022
Metro Manila could record around 2,000 daily COVID-19 cases by October, the OCTA Research group said Thursday, as it noted a rising positivity rate in the capital region...
Manila court junks govt's case to declare CPP, NPA as terrorist groups
CNN Philippines, September 22, 2022
The government lost its bid to declare the Communist Party of the Philippines (CPP) and the New People's Army (NPA) as terrorist groups...
ARTA finishes RCS designed to streamline bureaucracy
Manila Standard, September 22, 2022
Othel V. Campos
The RCS is a holistic tool that will measure effectiveness of the Citizen’s Charter in reducing regulatory burdens and the impact of the human resource systems and programs in delivering efficient government service...
CPP, NPA not terror groups
The Manila Times, September 23, 2022
Franco Jose C. Baroña, Arlie O. Calalo and Javier Joe Ismael
The Communist Party of the Philippines (CPP) and its armed wing the New People's Army (NPA) are not terrorist organizations, a Manila trial court has ruled...
DoE completes Natural Gas Development Plan
The Manila Times, September 23, 2022
Eireene Jairee Gomez
The Department of Energy (DOE) and the University of the Philippines Statistical Center Research Foundation Inc. (UPSCRFI), through its Gas Policy Development Project (GPDP), have completed the Natural Gas Development Plan (NGDP)..
‘Self-sufficiency in marine products key to security’
BusinessMirror, September 23, 2022
Jovee Marie De La Cruz
An international advocacy organization on Thursday urged President Ferdinand Marcos Jr. to consider implementing three major policies to attain food security, particularly self-sufficiency in fish and marine products...
650-MW addition to Luzon grid seen to fill power gap
BusinessMirror, September 23, 2022
Manuel Cayon
Luzon should expect to get some relief from a serious power crunch with a 650-megawatt entry to the grid but this would come later by the first quarter of next year, the owner of the long-delayed Pagbilao liquefied natural gas-fired power station said on Wednesday...
DoE sees facility investment for gas imports topping P69B
BusinessWorld, September 22, 2022
Ashley Erika O. Jose
The natural gas industry will require investment of P69.23 billion to help navigate the transition from domestically produced to imported gas, the Department of Energy (DoE) said on Thursday after announcing the completion of the Natural Gas Development Plan (NGDP)...
‘Great resignation’ finds PHL workers wary of job-hopping
BusinessWorld, September 23, 2022
Revin Mikhael D. Ochave
Professionals in the Philippines are responding to the so-called “Great Resignation” by expressing reluctance to switch jobs unless they have another job offer lined up, according to recruitment consultancy Robert Walters, citing the results of a survey...
Philippines eyes investments on modular nuclear plants from US companies
GMA News, September 23, 2022
Sundy Locus
The Philippines is looking at possible investments from US companies on the setting up of modular nuclear power plants in select areas in the country, Trade and Industry Secretary Alfredo Pascual said Thursday evening...
BSP vows to bring inflation within targets
The Manila Times, September 23, 2022
Tiziana Celine Piatos
The Monetary Board authorities assured it would bring the inflation within target, Bangko Sentral ng Pilipinas (BSP) guaranteed on Thursday...
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