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Vehicle sales last month pegged at 20,702 units, a surge of 87.7 percent from 11,029 units in March 2020 when the lockdown was first imposed. Photo by PNA
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About 1.5 million jobs were lost based on the sectors not allowed to operate during the ECQ.
Photo by PNA
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Photo: forbes.com
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Seventy percent of customers in Jolilibee’s latest UK stores are now locals.
Photo: dfa.gov.ph
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Vegetable season starts this month. Photo by PNA
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Information Technology and Business Process Management is one of the key sectors in the Phiippines being pushed by the Trade Department as destination of foreign investments.
Photo by PNA
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The northbound section of the Skyway Extension project has been structurally completed, with asphalt-laying set to be done soon. Photo by PNA
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Government spending especially on infrastructure would be needed more to pump-prime the economy.
Photo by PNA
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DTI supports scaling back of some activities that were recently reopened or expanded due to rising cases of Covid 19. Photo by PNA
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The Energy Department envisions the country to be the liquefied natural gas hub in Southeast Asia.
Photo by PNA
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Banks have extended a total of P713.6 billion in agri-agra credit as of end-December 2020 but even with such amount, they were still unable to comply with the mandatory agri-agra credit. Photo by PNA
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Supplying close to 20 percent of the country’s population through its critical businesses in power, banking and financial services, food, land, and infrastructure, including cement manufacturing, Aboitiz will continue to rise above the challenge and deliver on its commitments. Photo by PNA
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TEC is in the Philippines to provide its internationally renowned premium service for domestic and multinational businesses eyeing for first-class flexible workplace solutions within prime locations and prestigious office addresses. Photo by tec.com
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The Trade Department will now focus on assisting exporters to fully utilize benefits of the RCEP agreement. Photo by PNA
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The country is gradually getting back the jobs lost due to the pandemic but the smaller progress in the past quarter indicates further reopening of the economy is required. Photo by PNA
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Intensified implementation of workplace health protocols was recently sought as the country breached anew the 3,000 mark of daily Covid-19 cases. Photo by PNA
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The Philippines is still building its capacity to meet power demand and ensure sufficient reserve. Photo by PNA
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The government remains committed to assisting women-led MSMEs and aspiring entrepreneurs who will be champions to push for the economy’s growth to pre-Covid levels and beyond. Photo by PNA
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A huge portion of collection from excise taxes is used by the government to fund its health programs. Photo by PNA.
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One of the challenges of Indian pharmaceutical firms in the Philippines is the slow approval of products’ registration by the Food and Drug Administration.
Photo by PNA
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Glovax is in talks with the Department of Trade and Industry and the Board of Investments for the possible investment for next-generation Covid-19 vaccine production facility.
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Increase in imports, manufacturing, and other business and economic activities would lead to some pick up in loan demand. Photo by PNA
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Coca-Cola is investing in more production capacity primarily in its Sta. Rosa, Laguna plant. Photo: Facebook
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AllHome also opened a branch in Santiago, Isabela. Photo: Facebook
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Without any competition in providing internet services at Twin Oaks Place, residents are forced to pay higher prices for slower speed and unreliable internet connection. Photo by PNA
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Beware of illegal investment activities disquised as cryptocurrency trading.
Photo by PNA
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Feeding through into household expenditure, the fiscal stimulus will propel economic output for 2021.
Photo by PNA
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A massive inflow of investments that will create more jobs is seen to follow after the implementation of the landmark tax and incentives reform bill. Photo by PNA
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Investments in agriculture create jobs, improve output, and lower price pressures. Photo by Neda
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Meat has been identified as the main driver of upticks in the domestic inflation rate in the past four months. Photo by PNA
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Lifeline consumers, those consuming below 100 kilowatt hours per month, comprise 32 percent of distribution utilities’ consumer base. Photo by PNA
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Of the total amount to be financed, around $15.44 billion is for the emergency requirements for Covid-19 response, while the remaining $1.62 billion is for other initiatives including ‘Build, Build, Build’ infrastructure projects. Photo by PNA
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PAL jets stand idly in a parking area at Ninoy Aquino International Airport – victims of the coronavirus pandemic which has hobbled the global airlines industry this past year. Photo: Panay News
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The government expects to see more investments in road, ports, and telecommunications infrastructure as well as investment commitments in water and power sectors. Photo by PNA
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TMP invested P4.5 billion for the logistics hub located in its 32-hectare facility near Batangas Port, the gateway to imported vehicles. Photo by Toyota.com.ph
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PHO24’s expansion in the country provides Filipino foodies with distinctly different pho meals that are both tasty and nutritious.
Photo by FB
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There is need for lawmakers to “act on something that is doable” and “immediately achievable.”
Photo by PNA
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Manila Mayor Isko Moreno welcomes in his city the new distribution center of Coca-Cola Beverages Philippines Inc. Photo by FB
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The BOC reached its 100-percent accomplishment rate on fully automating its frontline services.
Photo by PNA
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The financial system is in a strong position to both weather the significant economic effect caused by the Covid-19 pandemic and support the country’s economic recovery. Photo by PNA
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The grant will support the implementation of infrastructure projects and other development initiatives of the Duterte administration. Photo by PNA
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Lockdowns, limited economic activity, and weak consumer demand amid the pandemic were blamed for the decline in the sales of imported vehicles.
Photo by PNA
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Photo by DARREN LANGIT
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While the initiative for Cha-cha aims to lift certain restrictions in the economy, there are pending bills that can push for economic liberalization. Photo: PNA
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Around 57 million Filipinos will benefit from the funds allocated by the national government for the vaccination program. Photo: PNA
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Last year’s collection of the two agencies was P246.39 billion or 11.27 percent over the P2.187-trillion revised target set by the Development Budget Coordination Committee on July 23, 2020. Photo: PNA
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Photo: AsiaOne / Abante TNT
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Contributing to output volume decline is the on-going lockdown restrictions and poor weather conditions. Photo: PNA
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Campos with wife Makati City Mayor Abby Binay and daughter Martina
Photo: FB abby.binay
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Spending that includes various Covid 19 financial assistance and recovery measures pushed the budget deficit up. Photo: PNA
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Smart has increased the number of its base stations and rolled out additional 5G sites as it accelerates its 5G commercial services nationwide. Photo: PNA
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