Tag: business

COVID-19 Crisis: MECQ in effect in Metro Manila until August 31, 2021

COVID-19 Crisis: MECQ in effect in Metro Manila until August 31, 2021

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Finally, the surprise enhanced community quarantine (ECQ) for Metro Manila has ended as the national government announced late Thursday night that the new level of restriction for the metropolis is the modified enhanced community quarantine (MECQ) which is now in effect and will last until August 31, 2021. For the newcomers reading this, MECQ is supposed to be lighter than ECQ when it comes to restrictions.

To put things in perspective, posted below is the excerpt from the PNA article. Some parts in boldface…

The quarantine classification in the National Capital Region (NCR) and the provinces of Laguna and Bataan has been downgraded from enhanced community quarantine (ECQ) to modified ECQ (MECQ), Malacañang announced Thursday.

This, after President Rodrigo Duterte, upon the recommendation of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EUD), approved the latest quarantine status in Metro Manila, Laguna, and Bataan, Presidential Spokesperson Harry Roque said.

“These latest classifications are without prejudice to the strict implementation of granular lockdowns,” said Roque, also acting as IATF-EID spokesperson, in a press statement.

Roque said Metro Manila will be placed under MECQ from Aug. 21 to 31.

Bataan, on the other hand, will be under MECQ from Aug. 23 to 31, he added.

Metro Manila, Laguna, and Bataan were initially placed under ECQ, the strictest form of community quarantine, due to the spike in coronavirus disease 2019 (Covid-19) infections.

Roque stressed that despite the deescalation of quarantine level, religious gatherings should remain “virtual” in Metro Manila, Laguna, and Bataan.

He added that indoor and al-fresco dine-in services, as well as personal care services such as beauty salons, beauty parlors, barbershops and nail spas should remain prohibited.

Roque said local government units in Metro Manila, Laguna, and Bataan are likewise directed to improve the vaccination rates within their localities, as well as intensify the “Prevent-Detect-Isolate-Treat-Reintegrate (PDITR) strategies to control the spread of Covid-19.

And here is a related news video to watch…

In an article by the Manila Bulletin, curfew hours in Metro Manila still remain and quarantine passes (QPs) are not required. MECQ also means no cash aid (ayuda) will be released by the national government. There are also other MECQ-related guidelines to follow in another article by the Manila Bulletin. As for the unpopular ban on outdoor exercise approved by the Metro Manila Council (MMC), that one has ended and therefore the freedom to exercise outside our homes has been restored but to a certain extent.

As seen in the details regarding MECQ, there is no real ease nor positive change for several businesses and churches. Restaurants, coffee shops and convenience stores that have tables and chairs are still prohibited from having customers dining inside and on the immediate space outside their joints. In a business sense, this is bad because take-out and delivery services are not good enough for food/beverage sellers to make their ends meet. People of faith, meanwhile, are still literally blocked from worshiping the Lord physically at the venues of their faith communities or ministries. As such, the online form of worship in Metro Manila is still the way but I can tell you from my experience that onsite, physical presence worship of the Lord is the better and more preferable way to worship Him. Online worship has its limits and it lacks the immersion that on-site, physical worship has.

That being said, I encourage you all reading this to pray to God to enlighten all the public officials (from the barangay up to the national level) to look up to Him and come back to Him for His guidance which they really need when it comes to managing the people and their communities as everyone still struggles with the COVID-19 pandemic. The public officials need prayers for the Lord to guide them, strengthen them and prevent them from getting lost.

It should be noted that just days ago, the Metro Manila Council left the decision on community control to national government. Just think about that! Metropolitan Manila Development Authority (MMDA) Benhur Abalos and the mayors met and that was all they could come up with – letting someone else decide for the many millions of people living and struggling in the National Capital Region (NCR).

As such, praying to the Lord to help the public officials is very much needed. It is a fact that each local government unit (LGU) in Metro Manila is struggling not only with their respective COVID-19 vaccine operations but also with all other functions.

Also pray to the Lord that the national government will be more accommodating to the businesses and churches that got negatively affected by these community quarantine levels. Pray to the Lord that the employees, the business owners, the people of faith, the pastors and ministries will be assisted and accommodated better.

Let me end this piece by asking you readers: What is your reaction about the shift to MECQ for Metro Manila? If you are a manager or owner of a restaurant or coffee shop, how did the recent ECQ affect you and your employees?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

COVID-19 Crisis: ECQ in Metro Manila to be extended beyond August 20?

COVID-19 Crisis: ECQ in Metro Manila to be extended beyond August 20?

carlocarrasco

The Manila Bulletin reported yesterday that Metropolitan Manila Development Authority (MMDA) chairman Benhur Abalos confirmed that he and the National Capital Region (NCR) mayors will meet very soon to talk about the possible extension of the ongoing enhanced community quarantine (ECQ) which itself was announced to last until August 20, 2021. Meanwhile, a GMA Network news report states that the Employers Confederation of the Philippines (ECOP) expressed that a lockdown is not the remedy and that the reopening of the economy is necessary.

To put things in perspective, posted below is the excerpt from the Manila Bulletin news report regarding Abalos and the Metro Manila mayors. Some parts in boldface…

Metropolitan Manila Development Authority (MMDA) Chairman Benhur Abalos said he and the mayors of the National Capital Region (NCR) will discuss the possible extension of the enhanced community quarantine (ECQ) period in the metropolis this coming week.

Abalos made this revelation in an interview over DZBB radio on Sunday, Aug. 15.

“Martes or Miyerkules mag-uusap po kami, marami kang babalansehin diyan (We will talk either Tuesday or Wednesday, you have to balance a lot of things there),” said Abalos, who is the concurrent chair of the Metro Manila Council (MMC).

He said the factors that need to be considered in such talks are the number of those who will have no work as a result of the possible ECQ extension, the hospitalization rate for coroanvirus disease (COVID-19) cases, and the number of vaccinated persons in Metro Manila.

“Kasi kung mag-i-ECQ ka, ayuda nanaman yan eh (Another round of ECQ means another round of cash aid),” he pointed out.

Abalos reiterated in the interview that the mayor-members of MMC have yet to come to an agreement on whether or not to extend the imposition of ECQ, contrary to a news report over the weekend.

“Hindi pa po nag-uusap tungkol doon, pag-uusapan pa lang po (We haven’t talked about that yet, but we will),” he noted.

The report quoted MMC chair, Parañaque City Mayor Edwin Olivarez as saying that the local chief executives have agreed during a meeting to extend the ECQ up to Aug. 30. Abalos has denied this, saying that Olivarez was just misquoted.

In addition, Abalos and the Metro Manila mayors should be aware of the presence of the Lambda variant in the Philippines. For sure that will be discussed in their meeting.

Now, we focus on the economic side with this excerpt from the GMA news report. Some parts in boldface…

The Employers Confederation of the Philippines (ECOP) on Saturday said reopening of the economy is necessary to prevent further economic damage and job losses, along with continued rollout of COVID-19 vaccines and adherence to health protocols.

“It’s time we learn that lockdown is not the remedy,” ECOP president Sergio Ortiz-Luis Jr. said in a statement.

“Let’s compromise, we have to think that the economy is more important and we have to live with COVID-19,” he said.

Ortiz-Luis made the statement amid speculations of possible extension of the two-week enhanced community quarantine (ECQ) in Metro Manila after August 20.

Trade Secretary Ramon Lopez earlier said that the possibility of extending the ECQ in Metro Manila for another three weeks is not yet on the table, and talks of a five-week ECQ are mere rumors and disinformation.

Citing government estimates, Ortiz-Luis said lockdowns cost the economy P150 billion a week, or P300 billion for the two-week ECQ.

Further, he pointed out that the estimated lockdown losses are on top of business closures that lead to unemployment.

“It would have been much productive and useful to channel even a fifth of these losses to strengthen our healthcare system to address the cases and for prevention measures,” the ECOP chief said.

Ortiz-Luis, likewise, noted that the number of deaths related to the coronavirus is small compared to those who die due to other diseases, and even suicide and hunger.

He said there is thus a need to intensify monitoring of severe cases as a large majority of COVID-19 infections are asymptomatic.

“Let us not be fixated on the numbers. Instead, let us intensify and fast-track our vaccination.

“Let us not forget practicing health protocols and comply with quarantine classifications. Continue adding hospital rooms, facilities, COVID-19 centers…,” he said.

Let me end this piece by asking you readers: Do you think that the MMDA and the Metro Manila mayors will recommend an extension of the ECQ knowing that such a move will require another round of releasing cash aid/ayuda? Do you think the ECOP is correct with the economic damage estimates of P150 billion per week of lockdown?

Within your city of residence, are you satisfied with the way that your local government and its partners are organizing the registration, set-ups and COVID-19 vaccination operations?

Did you hear the recent news about a fully vaccinated patient (two doses in Mandaluyong City) who somehow got a third shot of COVID-19 vaccine in another city?

Still within your city, how many people do you personally know lost their jobs because of the most recent ECQ? Are there any business owners you know who had no choice but to scale down operations or shut down entirely all because of the ECQ?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

COVID-19 Crisis: Beware of fake vaccination cards made and sold by certain computer shops within Muntinlupa City

COVID-19 Crisis: Beware of fake vaccination cards made and sold by certain computer shops within Muntinlupa City

carlocarrasco

In the City of Muntinlupa, it has been reported by the Manila Bulletin that certain local business joints have allegedly been producing fake COVID-19 vaccination cards and have been selling them. Already the local authorities are aware of this and there is potential danger with regards to fake vaccination cards being used to deceive local businesses (who grant discounts for vaccinated customers) and community organizations who relied on official vaccination cards (the ones from MunCoVac) for verification and statistics.

To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…

The Muntinlupa City government has warned that people who fake COVID-19 vaccination cards and sell them will face legal action.

In an announcement Saturday, the Muntinlupa City COVID-19 Vaccination Program (MunCoVac) said it “received a report of alleged faking and selling of fake vaccination cards in several computers shops in the city.”

“This is illegal. The BPLO [Business Permits and Licensing Office] went to the computer shop to investigate. Their business permits can possibly be revoked. People can also be charged if they are proven to be involved in faking public documents like the vaccination record,” said MunCoVac.

MunCoVac said fake vaccination cards are dangerous as those who have not been vaccinated do not have protection against COVID-19.

“They are also putting their family and other people they meet in danger. Moreover, this negates our sacrifices over several lockdowns in order to stop the spread of COVID-19,” it added.

It said the city government will launch a verification system in the next few weeks in which the validity of the vaccination record using QR code can be confirmed.

As of Aug. 6, 199,236 individuals, including 5,192 inoculated in private companies, have received their first dose, or 51.7 percent of the target population of 385,725.

To the locals who have gotten vaccinated and have their genuine cards from MunCoVac, please take special care of those cards. Right now, Metro Manila’s COVID-19 problem has gotten much worse and the presence of fake vaccination cards will only make things difficult not only for the City of Muntinlupa but also on other cities. Just imagine someone using a fake Muntinlupa vaccination card to illegally avail of discounts offered by business joints in other cities.

Residents of Muntinlupa City who remain unregistered and unvaccinated should make a move to get registered by learning the ways to do it. Those who are prepared (with personal information available) and willing to go through online registration for the free vaccines in Muntinlupa are encouraged to click https://vaccine.muntinlupacity.gov.ph/muncovac/

Let me end this piece by asking you readers: If you spent time recently in Muntinlupa, were you able to visit local computer shops that made and/or sold fake vaccination cards? Do you think the City Government’s upcoming verification system will be able to detect which vaccination cards are fake or genuine?

Are you aware that Coffee Syndicate in Alabang offers a 10% discount to customers who can prove they were vaccinated for COVID-19? Visit Coffee Syndicate at the ground floor at Commercenter mall.

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

COVID-19 Crisis: Crossing borders for essential goods during ECQ is prohibited according to PNP Chief Eleazar

COVID-19 Crisis: Crossing borders for essential goods during ECQ is prohibited according to PNP Chief Eleazar

carlocarrasco

If you are planning to leave your city and visit another city for the purpose of buying essential goods during the 2-week enhanced community quarantine (ECQ) in Metro Manila (which is now in effect), you will be stopped at the borders as such moves are prohibited according to Philippine National Police (PNP) chief Police General Guillermo Eleazar, as reported the other day by GMA News.

To put things in perspective, posted below is an excerpt from the GMA report. Some parts in boldface…

Philippine National Police (PNP) chief Police General Guillermo Eleazar on Wednesday said consumers buying essential goods will be prohibited from crossing town or city borders during the enhanced community quarantine (ECQ) in the National Capital Region (NCR) from August 6 to 20.

Interviewed on Dobol B TV, Eleazar said that every city in Metro Manila will be considered a “tiny bubble” where consumers with quarantine passes will be prohibited to pass the borders.

“Pagdating po ng ECQ, itong malaking bubble na ito ay magiging parang mga tiny bubble na po ‘yan. Yung bawat city sa loob ng Metro Manila magsisilbing isa nang bubble area,” Eleazar said.

(When the ECQ takes effect, this huge bubble will be turned into tiny bubbles. Every city within Metro Manila will serve as one bubble area.)

Police personnel will guard these borders and will not allow consumers of essential goods to cross, he added.

Eleazar noted that only workers in essential industries and other authorized persons outside residence (APORs) be allowed to pass the borders of the cities.

Based on the details of the above report and Eleazar’s statements, you will have to buy the essential goods within your locality. By now, you should be aware as to which local places you should visit to buy the goods to feed your family and keep your household clean and in order.

Even if you do not plan to travel to the next town or city to purchase the essential stuff, you will need to prepare yourselves with the following things for the next two weeks whenever you travel: a valid quarantine pass, a valid government-issued ID and a certificate of employment (note: this is essential for workers who need to report to work far away from home). It is for your own safety that you have the mentioned documents with you as you will never know if you will end up coming to a police checkpoint on the road.

Let me end this piece by asking you readers: Were you planning to buy essential goods at another town or city during the Metro Manila ECQ? Do you agree with PNP Chief Eleazar’s statement that crossing over to another city to acquire essential goods should be prohibited as the nation and local government units (LGUs) struggle to contain COVID-19 and Delta variant infections? Were you able to check with the sellers in your town or city if they have all the essential goods you really need?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

COVID-19 Crisis: Online stockbroker predicts PSE index to reach 8,100 level by the end of 2021

COVID-19 Crisis: Online stockbroker predicts PSE index to reach 8,100 level by the end of 2021

carlocarrasco

With the enhanced community quarantine (ECQ) all set to take effect all over Metro Manila for two weeks starting August 6, a lot of people are disturbed about what lies ahead. For one thing, there is the highly infectious Delta variant spreading nationwide. There is also the potential economic damage and the effects ECQ will have on many workers.

And then there is the local stock exchange. While many investors are constantly looking on different directions and varied factors to decide what to do with their respective investments, the COL Financial Group recently revised its end-of-the-year estimate for the Philippine Stock Exchange (PSE) but their new prediction still points to a higher count than what the current index shows.

To put things in perspective, posted below is an excerpt from the Philippine News Agency (PNA) article. Some parts in boldface…

Online stockbroker COL Financial Group expects the Philippine Stock Exchange index (PSEi) to end the year at 8,100, slightly lower than previously projected, supported by optimism for faster economic recovery and earnings growth.

COL chief equity strategist April Lynn Tan said their forecast for PSEi has been reduced from 8,300 considering the lower earnings incurred by property companies as their mall operations are affected most by the implementation of enhanced community quarantine (ECQ).

The National Capital Region (NCR) will be placed under the most restrictive ECQ from Aug. 6 to 20 to prevent the spread of the more infectious Delta coronavirus variant.

This, after the one implemented from May 17 to April 13, 2021 to stem the country’s coronavirus disease 2019 (Covid-19) surge.

“We cut our earnings forecast and fair value estimates for the property companies given that they are part of a lot of the big holding companies that also dragged our fair value estimates. (But) an 8,100 target is still significantly higher from where we are today. That is why, we keep on saying that the negatives are priced in,” Tan said in a virtual press briefing Monday.

She said companies are “coping well” with the pandemic, adding that almost all sectors, except the property sector, reported higher year-on-year earnings.

“The reason why companies were able to deliver higher profits in the first quarter of this year compared to last year even though we are still in the pandemic is because they have adapted to the pandemic scenario by cutting cost and of course they also benefited from the lower tax rate, thanks to the CREATE (Corporate Recovery and Tax Incentives) law,” Tan said.

President Rodrigo Duterte last March 26 signed into law the CREATE Act reducing the corporate income tax rate by 5 to 10 percent for micro, small and medium enterprises (MSMEs) and other corporations.

Moreover, Tan said they remain bullish of the stock market on the back of efficient vaccination efforts and inflation reaching its peak.

Predicting the future is very unpredictable no matter what category gets discussed. Remember when the International Olympic Committee (IOC) predicted a brighter post-Olympics future for the city of Rio de Janeiro in relation to hosting the 2016 Summer Olympic Games? What happened after Rio Olympics were lots of unfulfilled promises, deteriorating facilities and a lot of embarrassment.

Going back to Philippine stocks, the COL Financial Group showed lots of details in their explanations of their 8,100 index end-of-2021 prediction. They were right to point to the CREATE Law which itself was a factor in the spike of foreign direct investments (FDI) in the country last April. The CREATE Law effectively reduced the corporate income tax rates for micro, small and medium enterprises (MSMEs). From this point on, it is interesting to see how the CREATE Law will impact the national economy and the local stock exchange in the months to come.

Let me end this piece by asking you readers: If you are an investor, what can you say about COL Financial Group’s end-of-the-year prediction for the Philippine Stock Exchange? Are you confident that the economic stakeholders, the businesses and investors will emerge stronger starting with the end of the next ECQ period until the end of the year? Is the CREATE Law positively impacting your business and/or investments?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

COVID-19 Crisis: ECQ for Metro Manila announced (August 6 to August 20, 2021)

COVID-19 Crisis: ECQ for Metro Manila announced (August 6 to August 20, 2021)

carlocarrasco

A lot of people were very surprised yesterday with the sudden announcement that Metro Manila will be placed under the stricter enhanced community quarantine (ECQ) status effective August 1 until August 20, 2021 supposedly in connection to the rising spread of the highly infectious Delta variant (Parañaque and Las Piñas each have one) and COVID-19 cases in general. It is surprising because very recently it was announced that the National Capital Region (which Metro Manila is clearly part of) would be placed under the strict form of general community quarantine (GCQ) from August 1 to 15, 2021.

Take note that the Metro Manila mayors favored ECQ and even set terms that include the national government will provide financial assistance to their respective constituents plus millions of vaccines.

To put things in perspective, posted below is the excerpt from the Philippine News Agency (PNA) article about the sudden ECQ announcement. Some parts in boldface…

Metro Manila will be placed under the most restrictive enhanced community quarantine (ECQ) from August 6 to 20, Malacañang said on Friday.

This, after President Rodrigo Duterte approved the Inter-Agency Task Force for the Management of Emerging Infectious Diseases’ (IATF-EID) recommendation to impose the strict quarantine classification in Metro Manila.

In an announcement aired over state-run PTV-4, Presidential Spokesperson Harry Roque said Metro Manila will stay under general community quarantine (GCQ) “with heightened restrictions” from July 30 to August 5 and will shift to ECQ from August 6 to 20.

“Hindi po naging madali ang desisyon na ito. Maraming oras ang ginugol para pagdebatehan ang bagay na ito (It is not an easy decision. We have spent so much time to debate on the proposal [to place Metro Manila under ECQ]),” Roque said.

Metro Manila is currently under GCQ with heightened restrictions. Its quarantine status was supposed to be extended until August 15.

However, Metro Manila mayors have urged the IATF-EID to implement a two-week ECQ in the country’s metropolis to prevent the spread of the more infectious Delta coronavirus variant.

More restrictions

Roque said “additional restrictions” would be imposed in Metro Manila from July 30 to August 5.

“The heightened restrictions for NCR are more stringent compared to the GCQ with heightened restrictions of other areas,” he said in a press statement.

Roque said indoor dine-in services and al fresco dining are prohibited and only take-out and delivery are allowed in Metro Manila.

“For people working in these establishments, operations are allowed to continue and finish within the day,” he said.

Personal care services like beauty salons, beauty parlors, barber shops and nail spas may operate up to 30 percent of venue or seating capacity, Roque said.

He added that indoor sports courts and venues and indoor tourist attractions and specialized markets of the Department of Tourism (DOT) may not operate, while outdoor tourist attractions, as may be defined by the DOT, will be allowed at 30 percent venue capacity.

Roque said only Authorized Persons Outside their Residences will be allowed to travel “into and out” of NCR Plus, which is composed of Metro Manila, Bulacan, Cavite, Laguna, and Rizal.

Only virtual religious gatherings shall be allowed. Gatherings for necrological services, wakes, inurnment and funerals for those who died of causes other than Covid-19 shall be allowed, provided they are limited to immediate family members, he said.

Avoid panic buying

Following the government’s decision to implement ECQ in Metro Manila from August 6 to 20, Roque reminded the public not to resort to panic buying.

“Meron naman tayong isang linggo para mag-prepara dito sa two weeks na ECQ. Wala pong dahilan para mag panic buying dahil maski ECQ po, bukas naman po ang ating mga groceries (We still have one week to prepare for the two-week implementation of ECQ. There’s no reason for panic buying because despite the ECQ implementation, groceries are still open),” he said.

Apart from Metro Manila, Iloilo province and its city, Cagayan de Oro City, and the City of Gingoog in Misamis Oriental have also been placed under ECQ from July 21 to August 7.

On Tuesday, Roque announced that individuals residing in Iloilo province and its city, as well as the cities of Cagayan de Oro City and Gingoog, will receive cash assistance worth PHP1,000 per individual or PHP4,000 per family.

When quizzed if Metro Manila residents would also be given financial aid, Roque said: “Most likely but will seek confirmation.”

And here are related news videos to watch…

Economic damage and losses very likely

While it is understandable that ECQ is a response to the Delta variant and COVID-19 problems, it is very clear that this will result more financial losses on businesses and damage the nation’s economy which itself has been struggling to stand up and grow. Take note that the more businesses lose money, it could lead to job losses and result in lower tax collection on the part of the national government and LGUs. For insight, posted below is an excerpt from another PNA article published before the ECQ announcement. Some parts in boldface…

Department of Trade and Industry (DTI) Secretary Ramon Lopez has thanked President Rodrigo Duterte for approving the recommendation of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) to put Metro Manila and nearby provinces under general community quarantine (GCQ) with heightened restrictions.

“The economy cannot bear another massive lockdown. We lose around PHP30 billion for a two-week lockdown. Many lost their jobs, livelihood, most of them are micro (and) SMEs (small and medium enterprises),” Lopez said during the Laging Handa public briefing Thursday.

He said the recommendation of placing National Capital Region (NCR) Plus under GCQ with heightened restrictions is in accordance with the IATF’s consultations with reliable health experts.

“We really take a balance, a holistic approach,” he added.

Lopez underscored that the IATF enforces restrictions amid the threats of the more infectious Covid-19 Delta variant.

But the restrictions are focused on ‘super spreader’ activities like mass gatherings, while lockdowns will remain a granular lockdown approach, the DTI chief said.

He also called on businesses to create their own health and safety committee that will ensure minimum public health protocols are being monitored and maintained in their respective establishments.

COVID-19 vaccination operations will still continue

Meanwhile, COVID-19 vaccination operations will still proceed during the ECQ period. Check out this excerpt from the GMA Network news report below…

Malacañang said the government’s COVID-19 vaccination program will proceed in Metro Manila even if the region will be under the enhanced community quarantine (ECQ) from August 6 to 20.

“Yes, definitely [it will proceed]. Details will be provided in due course of the COVID-19 vaccination committee,” Roque said.

Let me end this piece by asking you readers: Are you surprised about the sudden announcement of ECQ for Metro Manila? Do you believe that the Metro Manila Council (MMC) is correct that the national government should provide the financial aid and vaccines for their respective constituents?  Could it be possible that certain city governments or LGUs (local government units) of Metro Manila have ran out of funds and have no choice but to rely on the national government to provide for them?

If you are a business owner within Metro Manila, do you believe that August 6 is too early for the imposition of another ECQ? Do you think that the Metro Manila mayors spent enough time researching about the potential economic damage of the ECQ they pushed for?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

COVID-19 Crisis: 118 businesses in Las Piñas City awarded with Safety Seals

COVID-19 Crisis: 118 businesses in Las Piñas City awarded with Safety Seals

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To ensure that business establishments are safe for customers to visit and do business transactions in during this COVID-19 pandemic, the inspection team of the City Government of Las Piñas found one hundred and eighteen businesses qualified for the Safety Seal as revealed in a recent Manila Bulletin news report. That is a majority of the recent inspection of almost one hundred fifty businesses they visited.

To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…

The Las Piñas City government inspection and certification team has already inspected 149 business establishments around the city.

Out of the evaluated establishments, 118 have already been awarded with safety seal certification for passing the checklist in the implementation of health and safety protocols to prevent the spread of COVID-19.

The Safety Seal Inspection Team formed by Mayor Imelda Aguilar is composed of City Administrator Reynaldo Balagulan, City Public Information Officer-Paul Ahljay San Miguel, and other offices in the city government.

According to the report, 31 business establishments that were inspected and evaluated still need to comply with other requirements before they will be awarded with safety seal certification.

Aguilar called on all business establishments in the city to comply with the checklist requirements.

She said the safety seal certification will allow businesses the opportunity to gradually increase their operating capacity.

For the newcomers reading this, business establishments having Safety Seals posted should restore business confidence at least in the short term. Within Las Piñas, SM Southmall itself got certified safe. Offices at Las Piñas City Hall qualified for Safety Seals. Whether an office or a business establishment has a Safety Seal or not, visitors can still do their parts in meeting health protocols by wearing face masks and face shields.

With regards to local COVID-19 matters, any Las Piñas resident reading this who has yet to get registered for free COVID-19 vaccines can learn the ways (4 methods) by clicking here. Anyone who is ready and willing to register online can click bit.ly/LasPiñasVaccination

Let me end this piece by asking you readers: Have you visited any local business there in Las Piñas that does not have a Safety Seal yet? Did you witness the City Government’s inspection team do their work?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

COVID-19 Crisis: Foreign direct investments spiked in April 2021 in connection to CREATE Law, economic reopening and other factors

COVID-19 Crisis: Foreign direct investments spiked in April 2021 in connection to CREATE Law, economic reopening and other factors

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It’s been months since the last time I wrote about the Corporate Recovery and Tax Incentives for Enterprises act otherwise referred to as the CREATE Law. For the newcomers reading this, the CREATE Law was designed to cut down corporate income tax which should lead to the creation of new jobs and the attraction of investment in mind. The said law is really crucial in this COVID-19 crisis we are all still living with.

Recently, the Philippine News Agency (PNA) published an article stating that a huge rise of foreign direct investments (FDIs) in the country was realized this past April and the CREATE Law was one of the factors behind it.

To put things in perspective, posted below is an excerpt from the PNA article. Some parts in boldface…

An economist has attributed the rise of foreign direct investments (FDIs) in the country in April 2021 to the implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law and the opening of the economy.

The Bangko Sentral ng Pilipinas (BSP) on Monday reported the 114.4-percent year-on-year jump of net FDI inflows to USD679 million last April from USD317 million in the same period last year.

In a report, Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort said lower interest rates and lower cost of some inputs like real estate property and leases are plus factors that enticed higher FDIs.

“Some foreign investors may have started to come in view of the progress made on the CREATE law, which was finally signed on March 26, 2021 and reduces corporate income tax rates to 25 percent for large corporations (from 30 percent) retroactive July 1, 2020, thereby narrowing the gap with the tax rates in other Asean/Asian countries, and also provides greater certainty on investment incentives, thereby helping attract more FDIs and making some foreign investors on the sidelines in recent months/years to become more decisive and finally bring in more FDIs into the country,” he said.

Ricafort said positive credit rating actions on the Philippines, which even got its first-ever A-level credit rating, A-, from the Japan Credit Rating Agency (JCR) in June 2020, also boosted investors’ sentiment on the domestic economy.

The positive credit rating actions, he said, “reflect improved international investor confidence in the country, manifesting the country’s improved economic fundamentals, as well as the country’s attractive demographics.”

These factors are, however, expected to be countered by the still high number of coronavirus disease 2019 (Covid-19) cases, aggravated by new variants that are reported to be more contagious.

Ricafort believes that higher government spending, especially on infrastructure, and the accommodative monetary policy by the Bangko Sentral ng Pilipinas (BSP) are seen to further support the rise in net FDIs.

The above article is indeed filled with good news that our nation badly needs, especially since there are still many millions more people around the country who have yet to get vaccinated and the fact that lots of businesses are still struggling. In recent times, patients under the A4 category have been gradually vaccinated for COVID-19 and that is a very good thing because it under that very category where the nation’s laborers are listed. There are still lots of unemployed workers out there who badly need vaccines and jobs, and it does not help that certain local government units (LGUs) had to temporarily suspend their local vaccination operations due to a lack of supply of vaccines. There are supposed to be around 13 million doses of vaccines to come into the Philippines this month, and so far some of that have arrived (click here, here and here).

More on economics, apart from the rise of FDIs last April, it was reported that the local demand for office space nationwide grew by 38% rising from 122,000 square meters (sqm) in the first quarter of 2021 to 169,00 sqm. in the second quarter. It was described to be the strongest office demand since the start of the pandemic.

Let me end this piece by asking you readers: Does the recent news about the sharp rise of FDIs in our country make you confident about your economic prospects? How much do you know about the CREATE Law and what further positive effects it can generate for the country? If you have been unemployed, how long have you been out of work?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

DTI-NCR provides carinderia kits to 75 “Muntipreneurs,” Mayor Fresnedi receives Resilience award

DTI-NCR provides carinderia kits to 75 “Muntipreneurs,” Mayor Fresnedi receives Resilience award

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The Department of Trade and Industry – National Capital Region Office has turned over Carinderia Kits to food retailers and other micro-entrepreneurs in Muntinlupa, dubbed as “Muntipreneurs,” in a bid to help them recover and improve their businesses amid the pandemic.

DTI-NCRO Regional Director Marcelina Alcantara, Mayor Jaime Fresnedi, and Congressman Ruffy Biazon led the Awarding Ceremony of Carinderia Kits worth P8,000 each to seventyfive beneficiaries of the Livelihood Seeding Program – Negosyo Serbisyo sa Barangay (LSP-NSB) at Muntinlupa Sports Complex, Brgy. Tunasan last July 7.

City Government officials led by Mayor Jaime Fresnedi and the 75 Muntipreneurs. (source – Muntinlupa PIO)

The LSP-NSB is a program of DTI that allows a wider reach of business development assistance by bringing government services closer to the people through partnerships between relevant local government units and DTI officials.

The program aims to provide individual package of livelihood kits that contains items that could aid in the recovery of affected individuals during catastrophic events including health disasters like epidemics and pandemics.

Other services offered by the LSP-NSB include business registration assistance, SME counseling, product development, financing facilitation, market/business matching, trade promotion, investment promotion, business information and advocacy, trainings, seminars, and workshops, among others. LSP-NSB beneficiaries will undergo monitoring and evaluation to ensure the growth of their businesses.

Other officials attending the program include LSP-NSB National Program Manager Asec. Dominic Tolentino, Muntinlupa Local Economic and Investment Promotions Department chief Gary Llamas, and City Administrator Allan Cachuela.

Mayor Jaime Fresnedi extended his thanks to DTI-NCR for providing assistance to local entrepreneurs. He hoped that programs for micro-entrepreneurs in the city will help revive the stalled local economy due to the COVID-19 pandemic. During the program, DTI-NCRO officials also conferred the Certificate of Recognition for being Rank 1 in the Resilience category (HUCs) of the recent Cities and Municipalities Competitiveness Index to Mayor Fresnedi.

Mayor Jaime Fresnedi (3rd from right) receives the Resilience Award from DTI-NCRO. Also present was Congressman Ruffy Biazon and other local officials. (source – Muntinlupa PIO)

For inquiries and other information, interested micro entrepreneurs may contact the local Negosyo Center at Plaza Central, Brgy. Poblacion at 0917 5120269 and look for Ms. Bea Trozado.

In a similar program, the City Government of Muntinlupa also provides financing assistance to micro-entrepreneurs and MSMEs through Tulong Negosyo Program’s zero-interest loans (formerly Dagdag Puhunan). Muntinlupa is the first LGU to introduce the micro-financing program.

Tulong Negosyo caters to MSMEs and provides micro-finance assistance ranging from P2,000 up to P150,000 depending on the business capital ceiling and payment record of beneficiaries. The program aims to provide additional capital for business expansion for aspiring and established business owners in Muntinlupa.

For more information, visit the Joint Resources Financing Program – JRF Facebook Page or visit them at 2F Plaza Central, Brgy. Poblacion with contact numbers 8772-3457and (0921) 888 6124.

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The above information was sourced from the official press release of the Muntinlupa PIO. Some parts were changed for this website.

Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

COVID-19 Crisis: SM Southmall certified safe in Las Piñas City

COVID-19 Crisis: SM Southmall certified safe in Las Piñas City

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SM Southmall, a major shopping and lifestyle destination located along Alabang-Zapote Road in Las Piñas City, recently received its Safety Seal and Vice Mayor April Aguilar-Nery was present during the inauguration ceremony at the mall.

To put things into perspective, posted below is an excerpt from the news report published by the Manila Bulletin. Some parts in boldface…

SM Southmall has been awarded with the safety seal. With Las Piñas rolling out the safety seal inspection in the region, SM Southmall is the first mall city to receive the seal.

Present in the inauguration were the Vice Mayor of Las Pinas City, Hon. April T. Aguilar; Chief of the Business Permits and Licensing Office Mr. Willy Gaerlan; Bernice Baculi, AVP of Operations for SM Southmall and Sally Chandumal, Mall Manager of SM Southmall.

“I am very pleased to be here in SM Southmall for the awarding of the safety seal certificate wherein SM Southmall is the first to pass the safety seal inspection conducted by our team,” says BPLIO Head Willy Gaerlan, “we hope we will maintain the standard we’ve already received.”

SM Southmall continues to excel in its safety and sanitation protocols with temperature checks, one-way signs, social distancing rules, alfresco dining, safety protocol officers and constant hygiene maintenance to ensure the safety of its customers.

In my personal observation, SM Southmall and SM shopping malls, literally, went the extra mile in keeping their facilities sanitized, cleaned and orderly. As for what the Safety Seal is, it is the indication that the establishment is compliant in terms of the standard safety protocols and other related requirements. In nearby Muntinlupa City, the Alabang Town Center (ATC) was certified with the Safety Seal and other malls in the city applied for the seal.

Going back to Las Piñas City, the Safety Seal continues to make its presence felt even more. Already offices in Las Piñas City Hall got certified with the Safety Seal making them safe for people to visit. The City Government has a team dedicated on handling Safety Seal certifications.

For South Metro Manila residents reading this, SM Southmall’s safety certification is a big help not just to the mall itself and to its business partners, but also to anyone who needs to be at the mall for their respective needs, dining, and business transactions.

As for local COVID-19 matters, any Las Piñas resident reading this who has yet to get registered for free COVID-19 vaccines can learn the ways (4 methods) by clicking here. Anyone who is ready and willing to register online can click bit.ly/LasPiñasVaccination

Let me end this piece by asking you readers: Have you been visiting SM Southmall lately for your essential needs or dining? Are the mall personnel there working to ensure your safety from COVID-19? If you visit SM Southmall more than once a week, how much time do you spend there during each visit?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673