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The continuing rise in coronavirus disease (COVID-19) infections will only worsen the economy, Senator Kiko Pangilinan said, again urging the government to focus on managing the pandemic with the health-centered approach of mass testing, contact tracing, and treatment — not with incoherent, unreasonable, and iron-fist policies. “Naghihingalo ang ating ekonomiya, parang may COVID din. Ang […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez is urging Filipinos to continue supporting local products and help save jobs. During the Laging Handa public briefing recently, Lopez said buying locally-made products will help stimulate demand for Filipino micro, small, and medium enterprises (MSMEs). “Only with this support from our fellow Filipinos, we will […]
Two Cabinet officials have expressed confidence that e-commerce in the country will “continue to grow” and help the economy recover from over two months of strict quarantine protocols to contain the spread of the coronavirus disease (COVID-19). In an interview over Radyo Pilipinas, Trade Secretary Ramon Lopez said he expects e-commerce transactions in the country […]
Workers stranded on roads in Metro Manila only bolstered the idea that the lifeblood of the economy got the short end of the stick once again, according to Senator Joel Villanueva. “Our economy has been the prime consideration in the decision to relax our quarantine restriction, but sadly, it appears we forgot about the mobility […]
Amid the economic crisis brought about by the coronavirus 2019 (COVID-19) pandemic, Senator Dick Gordon is urging the government to take advantage of the current situation to bring in more opportunities and allow the country to recover and sustain its economic transformation. “Our government should come up with a feasible masterplan and adopt a whole-of-government […]
Trade Secretary Ramon Lopez said the guidelines jointly issued by the Department of Trade and Industry (DTI) and Department of Labor and Employment (DOLE) allowing the private sector to operate during the enhanced community quarantine (ECQ) and general community quarantine (GCQ) will manage the risks of the coronavirus disease 2019 (COVID-19) transmission even as it opens […]
Drivers and crew of cargo and delivery trucks are not required to take the mandatory 14-day home quarantine if they do not show any symptoms of the coronavirus disease 2019 (COVID-19), said the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) said. IATF-EID spokesperson Cabinet Secretary Karlo Nograles said this will allow […]
Exports by the Philippines reached a record-high of $70.3 billion in 2019 from $69.3 last year despite external headwinds from the global trade policy uncertainties, geopolitical tensions, and country-specific challenges, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. “The relatively strong export performance of the Philippines transpired amid DTI’s strong efforts in attracting […]
The Philippines expressed hope that China will be able to recover from the outbreak of the coronavirus disease (COVID-19). “We obviously recognize China as one of the leading trade partners of the Philippines. And we hope that China will be able to get back to its usual business, even given the challenges that your country […]
The chairman of the Senate Committee on Finance said that all government agencies must aggressively step-up its fiscal spending for the remaining period of the year to help the administration attain its economic growth target for 2019. Senator Sonny Angara said government’s “spending catch-up plan” will be key in meeting the full-year gross domestic product […]