Tag: economics

COVID-19 Crisis: Philippine economy expected to grow 6% to 7% this year

COVID-19 Crisis: Philippine economy expected to grow 6% to 7% this year

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Even though there are lots of news reports and social media updates about the current COVID-19 surge here in the Philippines, there is still the expectation that the national economy will grow 6% to 7% this year, according to an article published by the Philippine News Agency (PNA).

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

The Philippine economy is expected to return to its 6 to 7-percent growth trajectory in 2022 after nearly two years of grappling with the pandemic despite the threat of the Omicron variant, according to the investment banking arm of the Metrobank Group.

First Metro Investment Corporation (FMIC) said this year’s economic growth will be driven by sustained domestic demand, easing inflation, election expenditures, and accelerated government spending on infrastructure projects.

“Notwithstanding the ongoing pandemic, and Omicron sparking the third wave of infections, we are still optimistic that Philippine growth will further accelerate and get back on its trajectory of 6-7 percent in 2022,” FMIC president Jose Patricio Dumlao said in a virtual briefing Tuesday.

Dumlao said the economy registered a 4.9-percent growth in the first three quarters of 2021 and the growth momentum likely spilled over in the fourth quarter given further economic reopening and easing mobility restrictions.

He added business and consumer confidence are also cautiously positive given wider availability of vaccines and relaxation of lockdowns, quarantine measures, and mobility restrictions.

University of Asia and the Pacific (UA&P) economist Dr. Victor Abola said the 6 to 7 percent gross domestic product (GDP) projection this year will be led by the industry sector –both construction and manufacturing.

Abola said services will still be the lagging sector as the pandemic measures hit hotels and restaurants.

“The Philippine situation is that there is recovery but still on the way to reach the pre-pandemic levels,” he said.

The country’s GDP posted a -9.5 percent full-year growth rate in 2020 compared to its 5.9 percent pre-pandemic performance in 2019.

Abola said the business process outsourcing (BPO) is a major contributor to the resiliency of the economy amid the pandemic.

“And it’s not the same as usual call centers, etc. You can see there are new, emerging segments and that is what companies are focusing on,” he said, citing insurance, life sciences, healthcare, and data analytics, among others.

Aside from BPO revenues, FMIC chairman Francisco Sebastian said the overseas Filipino workers (OFW) remittances are boosting the economy.

It would be nice to see such economic expectations come true because the Philippines still has yet to recover the massive economic loss of 2020 (the first year of the pandemic). Apart from COVID-19 infections, there is also the factor of governance linked with declaring restrictions that can get in the way of economic recovery and make things harder for everyone. Do not forget the August 2021 sudden ECQ (enhanced community quarantine) declaration (additional reference here) and the ban on outdoor exercise within the national capital region that the Metro Manila Council (MMC) and the Metropolitan Manila Development Authority (MMDA) are responsible for. There was also the national government’s flip-flop on declaring quarantine statuses of September 2021. Think about all the economic damage caused by those three developments!

With the May 2022 national and local elections coming, we can only hope that those in government – especially the Metro Manila local government units – will set aside their egos and make decisions wisely. The nation’s economy cannot afford another massive lockdown as well!

With regards to the Omicron variant that was believed to be a factor behind the current COVID-19 surge around the country, the authorities should seriously consider acquiring a lot more Sputnik vaccines (for more on Sputnik vaccines effectiveness against Omicron variant, click here and here).

Let me end this piece by asking you readers: Do you think that the Philippine economy will grow 6% to 7% this year even though there is a COVID-19 surge of new infections happening? Do you believe that government officials will do better in making hard decisions related to the current surge?

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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/

COVID-19 Crisis: Parañaque City’s new executive order targets unvaccinated individuals as well as local businesses

COVID-19 Crisis: Parañaque City’s new executive order targets unvaccinated individuals as well as local businesses

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Individuals in Parañaque City who remain unvaccinated for COVID-19 will have to brace themselves for a more restrictive form of new normal living within the city as a new executive order was approved to regulate them as well as local businesses, according to a Manila Bulletin news report.

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

Paranaque City Mayor Edwin Olivarez signed an executive order on Tuesday (Jan. 4) regulating the movement of unvaccinated individuals in the city while the National Capital Region (NCR) is under Alert Level 3.

Olivarez, in his order, stated that unvaccinated individuals must stay at home at all times and can only go out to buy essential goods.

The police and barangays were also ordered to reprimand or issue citation tickets to individuals found violating the order.

He warned individuals as well as business establishment owners against using fake COVID-19 vaccination cards and certificates.

The mayor also asked the Business Permit and Licensing Office (BPLO) to conduct monitoring on all business establishments in the city to make sure that only vaccinated individuals are allowed to work on site and must show proof of vaccination certificate from the Department of Health (DOH) and vaccination ID from the local government.

The above report ended stating that business establishments are also prohibited from catering or allowing the entry of unvaccinated individuals into their premises.

Let me end this piece by asking you readers: If you are a resident of Parañaque City who still is unvaccinated, do you find the new executive order discriminating or excessive with regulating you? If you are managing a business in the city, do you think the local authorities will be fair when it comes to monitoring the individuals (both vaccinated and unvaccinated) entering your business location? Is the City Government doing the right thing? Will this new executive order make life worse in the city? Do you think that the new executive order will present the spread of Omicron, Delta and Lambda variants in the city at all?

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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.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

Muntinlupa City holds Biz Permit Renewal from January 3 to 20, 2022, tax payers may transact online via BEST

Muntinlupa City holds Biz Permit Renewal from January 3 to 20, 2022, tax payers may transact online via BEST

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The annual Business Permits Renewal in Muntinlupa City officially launched today (January 3, 2022), with strict health measures in place to comply with IATF protocols. While, taxpayers may also opt to process their application online and via off-site channels.

Mayor Jaime Fresnedi welcomes business locators in the city in the 2022 Muntinlupa Business Permit Renewal Hub located at Muntinlupa Sports Center, Brgy. Tunasan.

The details.

Strict health standards and distancing protocols are implemented in the Renewal Hub which include sterilization and disinfection of submitted documents using UV box, body temperature check, installation of alcohol sprays, and monitoring by compliance officers.

A One-Stop Shop arrangement in the Business Permit Renewal Hub has been installed in the venue for the convenience of taxpayers.

Business taxpayers can pay using Debit Cards in the Renewal Hub. Mobile ATMs and a Closed Circuit Television System are also installed across the venue. Free shuttle service is provided for clients going to and from the venue with pick-up points located at Muntinlupa City Hall Quadrangle.

Further, business owners may renew their business permit online via the Business E-payment System (BESt) which can be accessed thru Muntinlupa City official website (www.muntinlupacity.gov.ph).

Muntinlupa BEST is an online platform which allows locators to accomplish business permit applications and transactions through any internet-enabled device.

Taxpayers can accomplish transactions including application for New Business Permit, Renewal of Business Permit, Application Status Inquiry, Billing and Payment, and Payment History.

Another option for business locators is an off-site channel via the Business Permit Application Self-Service (BPASS) kiosks located inside the city’s major malls.

Business permits may also be delivered by the City Government’s official courier service partner, Keridelivery Inc, to the doorstep of business owners.

Mayor Fresnedi extends his thanks to the business tax payers in doing their part for the recovery of the city and the local economy.

Top Ten “Early Bird” Taxpayers in the 2022 Muntinlupa Business Permit Renewal receive cerficates of recognition and grocery packages from the City Government. Mayor Jaime Fresnedi (center), City Administrator Engr. Allan Cachuela (left), and LEIPO Gary Llamas (right) greeted early taxpayers and extended their gratitude to the business owners for renewing their businesses in the city last January 3. The business renewal event will run until January 20 at Muntinlupa Sports Complex, Tunasan. (source – Muntinlupa PIO)

The local exec awarded certificates of recognition and grocery packs to this year’s Top 10 Early Bird Taxpayers: RJ Sari-sari Store (Mr. Elmer Jesalva), Mila and Noli Wood Scrap (Ms. Milagros Salvador), R. Andaya Transport Services (Mr. Richard Andaya), Erchie Appliance Parts (Mr. Erchie Tamon), MPLG Begona Trading (Ms. Ma. Pinky Begona), Edcon Dacanay Apartment (Ms. Consolacion Dacanay), FDA Dejan Construction Services (Ms. Josepine Dejan), People’s Choice Apartment (Mr. Ernesto Obra), Chaulamoir Enterprises (Ms. Wanina Laudemer), and Mini-mini Store (Ms. Cherrie Flores).

The 2022 Business Permit Renewal will run from January 3 – 20, 2022 and BPLO Muntinlupa will serve clients from Mondays to Fridays. The list of requirements is posted in the city’s website www.muntinlupacity.gov.ph.

For inquiries, you may call BPLO Muntinlupa at 8317-9964 or email them at bplo.muntinlupa@yahoo.com.

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The above information was sourced from an official press release. 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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  HavenorFantasy@twitter.com as well as on Tumblr at https://carlocarrasco.tumblr.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: Alert Level 3 in Metro Manila takes effect today

COVID-19 Crisis: Alert Level 3 in Metro Manila takes effect today

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In case you missed the news, the daily count of new COVID-19 infections around the Philippines has gone up sharply since the last few days of December 2021. On the evening of December 31, it was announced by the national government that Metro Manila will be placed under Alert Level status starting today – January 3, 2022 – until the 15th.

To put things in perspective, posted below is the excerpt from the Philippine News Agency’s article. Some parts in boldface…

The alert level status in Metro Manila will be raised anew from the current Level 2 to Alert Level 3 from Jan. 3 to 15, 2022, Malacañang announced on Friday night.

In a public announcement, acting presidential spokesperson and Cabinet Secretary Karlo Nograles said the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) decided to shift to a more stringent alert level status as the country saw a spike in coronavirus disease 2019 (Covid-19) infections.

“Nakita naman natin sa mga nakaraang araw ay nag-increase exponentially ang mga kaso dahil sa Holiday activities kung saan tumaas ang movement ng mga tao at bumaba ang compliance sa minimum public health standards. Isa rin sa dahilan ang detection ng local cases ng Omicron variant (We saw an exponential rise during the past days because of the Holiday activities where there were increased movement and compliance with minimum public health standards may have been disregarded. Local cases of the Omicron variant were also detected),” he said.

Nograles added that an increase in Covid-19 positive cases is expected in the succeeding days thus, the IATF’s decision

After 12 days of active cases below 10,000, the number increased to 10,418 on December 29 and was at 14,233 by year-end after 2,961 new cases.

The Department of Health also confirmed 10 new cases of the Omicron variant, with three already recovered.

Nograles cited a “high possibility” of local transmission of the Omicron variant.

Under Alert Level 3, establishments or activities shall be allowed to operate or be undertaken at a maximum of 30 percent indoor venue capacity for fully vaccinated individuals only and 50 percent outdoor venue capacity, provided that all workers of the establishments are fully vaccinated against Covid-19.

Movements

Intrazonal and interzonal movement are still allowed, however, reasonable restrictions may be imposed by the LGUs, which should not be stricter as those prescribed under higher alert levels and subject to the oversight, monitoring, and evaluation of their respective Regional IATF.

Those below 18 years of age, and those belonging to the vulnerable population, shall be allowed access to obtain essential goods and services, or for work in permitted industries and offices in accordance with existing labor laws, rules, and regulations. Individual outdoor exercises shall also be allowed for all ages regardless of comorbidities or vaccination status. 2.

Prohibited activities

Meanwhile, the following establishments and activities that are considered high-risk for transmission under Alert Level 3 are not allowed:

  1. Face to face or in-person classes for basic education, except those earlier permitted by the IATF and Office of the President;
  2. Contact sports, except those conducted under bubble-type setup, as provided for under relevant guidelines adopted by the IATF, Games and Amusement Board, and Philippine Sports Commission, and approved by the LGU where such games shall be held;
  3. Funfairs/carnivals and kid amusement industries like playgrounds, playroom, and kiddie rides;
  4. Venues with live voice or wind-instrument performers and audiences such as in karaoke bars, clubs, concert halls, and theaters;
  5. Casinos, horse racing, cockfighting and operation of cockpits, lottery and betting shops, and other gaming establishments, except those that will be allowed by the IATF or Office of the President; and
  6. Gatherings in residences with individuals not belonging to the same household.

Allowed activities

He said allowed activities under Alert Level 3 at a maximum of 30% indoor venue capacity for fully vaccinated individuals only and 50% outdoor venue capacity are the following: 

  1. Venues for meetings, incentives, conferences, and exhibitions (MICE);
  2. Permitted venues for social events such as parties, wedding receptions, engagement parties, wedding anniversaries, debut and birthday parties, family reunions, and bridal or baby showers; 
  1. Visitor or tourist attractions such as libraries, archives, museums, galleries, exhibits, parks, plazas, public gardens, scenic viewpoints or overlooks, and the like;
  2. Amusement parks or theme parks;
  3. Recreational venues such as internet cafes, billiard halls, amusement arcades, bowling alleys, skating rinks, archery halls, swimming pools, and similar venues;
  4. Cinemas and movie houses;
  5. Limited face-to-face or in-person classes for higher education and for technical-vocational education and training;
  6. In-person religious gatherings; gatherings for necrological services, wakes, inurnment, and funerals for those who died of causes other than COVID-19 and for the cremains of the COVID-19 deceased;
  7. Licensure or entrance/qualifying examinations administered by their respective government agency, and specialty examinations authorized by the IATF subject to the health and safety guidelines as approved by the IATF;
  8. Dine-in services in food preparation establishments such as kiosks, commissaries, restaurants, and eateries, subject to DTI sector-specific protocols;
  9. Personal care establishments such as barbershops, hair spas, hair salons, and nail spas, and those offering aesthetic/cosmetic services or procedures, make-up services, salons, spas, reflexology, and other similar procedures including home service options, subject to the sector-specific protocols of the DTI;
  10. Fitness studios, gyms, and venues for non-contact exercise and sports, subject to DTI sector-specific protocols. Provided that patrons/clients and workers/employees wear face masks at all 3 times and that no group activities are conducted; and
  11. Film, music, and television production, subject to the joint guidelines as may be issued by the DTI, DOLE, and the DOH.

These activities will be allowed provided that all on-site workers/employees of these establishments and organizers of activities are fully vaccinated against COVID-19 and MPHS shall be strictly maintained. There is no objection from the LGU where these activities may take place.

The IATF, he said, instructed the Technical Working Group headed by the Metropolitan Manila Development Authority and National Vaccination Operations Center to craft guidelines in the implementation of stricter measures for the unvaccinated individuals.

Metro Manila was under Alert Level 2 for some time and a lot of people and their families have been enjoying the added freedom of movement due to the reduction of restrictions. This, of course, contributed to the crowding at stores and food-and-beverage joints, and the rise of parties or social gatherings during the Christmas season. Along the way, cases of Omicron in the Philippines started to grow. Omicron, which has been magnified by the secular, liberal media organizations and caused a lot of problems worldwide, is feared for being more contagious. Since Omicron is a problem in the country, I can only hope that the national authorities will consider acquiring a new and much bigger batch of the Russian vaccines Sputnik V and Sputnik Light as those vaccines were declared effective against the feared variant.

Other than raising the alert level and putting up more restrictions, the authorities should deal with the Omicron variant fast. I would not be surprised that the local stock market will lose points as long as the Omicron variant remains a problem in the Philippines. For those living in Metro Manila, I encourage you all to pay close attention to the Metro Manila Council (MMC) and the Metropolitan Manila Development Authority (MMDA) and examine how they will act, react and behave this time around. Let’s observe if those officials won’t be too distracted with pre-election activities related to the May 2022 national and local elections so that they can do their jobs efficiently.

Let me end this piece by asking you readers: If you are a Metro Manila resident, what is your reaction to this development? Do you think the daily number of new COVID-19 cases will fall to less than one thousand per day by January 15, 2022? Are you afraid of the Omicron variant? Do you think it is time for the government to import more Sputnik vaccines to push back against Omicron-related infections?

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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.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: Muntinlupa City issues public warning about Omicron variant

COVID-19 Crisis: Muntinlupa City issues public warning about Omicron variant

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The Omicron variant is still being feared a lot by people and government officials as it is often being reported in the news and the recent published results of two separate studies that found the said variant more infectious and resistant to the COVID-19 vaccine of Pfizer. The Omicron variant was recently detected here in the Philippines and in relation to that, the City Government of Muntinlupa issued a public warning, according to a recent Manila Bulletin report.

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

The Muntinlupa City government has reminded residents to strictly follow minimum public health standards after the detection of the first two Omicron variant cases in the country.

Dr. Juancho Bunyi, head of the Muntinlupa City Health Office (CHO), said when the news about the detection of the Omicron variant cases came out, the CHO alerted all barangays and communities to be ready.

Muntinlupa’s Prevent, Detect, Isolation, Treat, Reintegration (PDITR) and the vaccination teams are on alert to ensure that the city is ready, Bunyi added.

He advised the strengthening of rescue units in barangays and the disaster risk reduction and management office due to the Omicron variant, and to strictly implement health protocols especially in malls and other closed areas, and crowded places.

According to the Department of Health (DOH), two Omicron variant cases were detected from 48 samples that were sequenced on Dec. 14.

One Omicron-positive case is a returning overseas Filipino (ROF) who arrived in the Philippines from Japan on Dec. 1 on Philippine Airlines flight number PR 0427. His sample was collected on Dec. 5 and he tested positive for coronavirus disease (COVID-19) on Dec. 7. The patient is in an isolation facility managed by the Bureau of Quarantine (BOQ) and is asymptomatic but had symptoms of colds and cough upon arrival, according to the DOH.

Prior to the reporting of the first Philippine cases of Omicron, a lot of people have been going out visiting places and coming to varied businesses (stores, food-and-beverage, cinemas, etc.) for their needs and wants. This is evident in Alabang which has many places that attract people like Festival Mall and Commercenter in Filinvest City, the Alabang Town Center (ATC) and Molito commercial complex located just outside Ayala Alabang Village, and more. Those said places are known to attract customers not only from around Muntinlupa but also from BF Homes, Las Piñas City, Cavite province, Laguna province and more.

How the City Government’s public warning about the Omicron variant will affect local commerce remains to be seen.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what can you say about this latest local development? Have you done a lot of research about the Omicron variant already?

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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.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: Roughly 540,000 vaccine doses donated by South Korea arriving tomorrow

COVID-19 Crisis: Roughly 540,000 vaccine doses donated by South Korea arriving tomorrow

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Tomorrow, November 30, 2021, almost 540,000 doses of COVID-19 vaccine donated by the government of South Korea will arrive here in the Philippines according to a recent report by the Philippine News Agency (PNA). This early, we Filipinos should express our thanks to our friends in South Korea for not just for the mentioned incoming vaccines but also for other forms of help they provided for our nation’s fight against COVID-19.

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

The South Korean government is augmenting its pandemic assistance to the Philippines with the upcoming donation of 539,430 doses of AstraZeneca vaccine this month.

The Korean Embassy in Manila said the donations are expected to arrive on November 30.

“The Embassy of the Republic of Korea is happy to support the Philippine government as it seeks to inoculate 15 million Filipinos during the National Covid-19 Vaccination Days from November 29 to December 1, 2021,” it said in a statement on Tuesday.

“The donation is part of the joint efforts made by Korea and the Philippines to protect public health and support the local response to Covid-19 in the Philippines by vaccinating Filipino people.“

Since the outbreak of the coronavirus disease 2019 (Covid-19) last year, the embassy has worked closely with partners from the Philippines, both to help protect the front-liners and reduce the crisis’ impact on the livelihood of affected Filipino families.

The upcoming donation brings to USD210.7 million or approximately PHP10.67 billion Korea’s Covid-19 assistance to the Philippines.

About USD200 million of the amount is in the form of concessional loans to help the Philippines procure enough vaccines in 2021 and support government efforts in scaling up its Covid-19 response.

Korea’s grant element in its concessional loan is at least 88.4 percent, based on the 2018 data from the Organization for Economic Cooperation and Development.

“It implies that the Philippines need(s) to repay only 12.6 percent and 88.4 percent will not be repaid by the Philippines. Thus, Korea’s concessional loan provides very, very good terms to the Philippines,” the embassy said.

Apart from the loans, Korea has donated 530,000 swab test kits, seven walk-through booths, two extraction equipment, six isolation beds, 970,000 masks, 167,000 hygiene kits, and 1,200 units of personal protective equipment.

It also distributed rice pouches to help about 365,000 Filipinos who are among the country’s most vulnerable cope during the pandemic.

The Korean Embassy said at least 34 refrigerated trucks for transporting Covid-19 vaccines and four trucks for transporting vaccine-related goods are likewise scheduled for delivery in January 2022.

This year marks 30 years of the Philippines’ and Korea’s development partnership, with the latter’s contribution to the country reaching USD2.1 billion in total.

Let me end this piece by asking you readers: What can you say about this new development? Are you thankful to South Korea for the donations and assistance they provided to our country? Do you value the ties between the Philippines and South Korea?

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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/

COVID-19 Crisis: Private sector stakeholders urge government to allow them to use purchased vaccines as booster shots for fully vaccinated employees plus household members

COVID-19 Crisis: Private sector stakeholders urge government to allow them to use purchased vaccines as booster shots for fully vaccinated employees plus household members

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According to a recent report by the Philippine News Agency (PNA), more than twenty-five private sector stakeholders urged the government to let them use purchased vaccines as booster shots for their employees who have been fully vaccinated as well as for the household members. Take note that the current growing economic recovery (related to the low daily count of new COVID-19 infections) could be derailed if the huge COVID-19 vaccine supply of the nation does not fully get used before expiration.

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

Some 26 groups from the private sector are appealing to the government to allow them to use the vaccines they purchased to be given as booster shots for their employees and household members.

In a joint statement Tuesday, the private sector said “vaccines are arriving faster than they can be dispensed” and the private sector cannot take the risk of having their purchased vaccines expire and go to waste.

The private sector has been active in buying coronavirus disease 2019 (Covid-19) vaccines since last year to help the government in its vaccination efforts.

“We fully understand the need to prioritize certain sectors when vaccines are scarce, but the government has announced that its stockpile of vaccines has now reached close to 60 million and continues to increase as the vaccines are arriving faster than they can be dispensed,” the groups said.

They said the country no longer has a vaccine shortage and now has a large inventory, thus the vaccines that they have purchased could now be used as booster shots for their employees and dependents.

The private groups have also recognized that the high vaccination rate in Metro Manila and nearby provinces, and the increasing inoculation rate across the country has resulted in a dramatic decline in cases after the surge due to threats of Delta variant last August.

The boost in vaccination drive has also allowed the safe reopening of the economy.

“But studies show that Covid vaccine efficacy wanes beyond six months and without boosters, we increase the risk of another surge which could again shut down the economy,” the groups added.

The above report ended stating that the government has allowed booster shots mainly for priority groups A1 to A3, specifically the health workers, the senior citizens and the comorbid patients.

Let me end this piece by asking you readers: What can you say about this new development? Were you vaccinated by your employer who purchased vaccines in coordination with the national government? Do you think the national authorities will consider the message of the 26 private sector groups? Do you believe that the national authorities are capable on managing COVID-19 vaccines with regards to receiving them and distributing them while monitoring their expiration dates?

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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/

I Love Israel: Israeli Ambassador Ilan Flus confirms commitment on collaborating with the Philippines on technology, innovation and medicine

I Love Israel: Israeli Ambassador Ilan Flus confirms commitment on collaborating with the Philippines on technology, innovation and medicine

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The ties between the Philippines and Israel continued to get stronger as the new Israeli Ambassador Ilan Fluss confirmed that the State of Israel is committed to collaborate with the Filipino nation on important fields, the Manila Bulletin reported.

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

Israel is committed to pursue collaboration with the Philippines in the areas of technology, innovation and medicine, according to its new ambassador to Manila.

Israel Ambassador to the Philippines Ilan Fluss confirmed at the “Pandesal Forum at Kamuning Bakery Café” that lots of cooperation are going on between the two countries.

In agriculture, the ambassador said that cooperation in agriculture technology is being discussed and is handled by its economic section. He mentioned of an Israeli initiative for an irrigation project in the country using solar technology to help Philippine agriculture.

Fluss also said that he met recently with Defense Secretary Eduardo Año to discuss cooperation in defense and military training.

On medicines, the ambassador explained that Israel is not yet into COVID-19 vaccine manufacturing, but they are going into that. He said that Israel is still in the second stage in their clinical research for COVID-19 vaccine.

“We are open to discuss partnership with the Philippines,” he said. In fact, he said, that an Israeli firm is already looking into the manufacture of medicines in the Philippines, but may not be necessarily COVID-19 vaccines.

Meantime, the Philippine Economic Zone Authority announced the approval of Israeli-Filipino joint venture Savepoint Biotek for its proposal to manufacture oral COVID-19 vaccines.

According to PEZA, Savepoint is investing P83 million initially for the project to be located in the Pampanga Economic Zone. The joint venture even projected annual sales of $180 million from the Philippines and export markets.

A source privy to the project application said the company has projected annual sales of $180 million of which 70 percent is expected to come from its export markets Asia Pacific and Africa. The project is also expected to employ 425 workers upon full commercial operation.

Sources said that partners, the Filipino and the Israel pharmaceutical firm, are still finalizing their equity structure. While waiting, the source said, the project would be represented by the Filipino group.

It is always great to learn of the cooperation and unity between Israelis and Filipinos, and as always, we must thank the Lord! Apart from the diplomatic developments, the establishment of Savepoint Biotek by Israelis and Filipinos is significant especially with the ongoing COVID-19 crisis.

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful (not religious), you should be aware that Christians are meant to stand united with Israel, love the Jewish people and pray for the peace of Jerusalem. You can do your part supporting Israel by donating to Christians United for Israel (CUFI). Do not forget to read the Holy Bible, then pray in tongues to the Lord in the privacy of your room with the door shut.

Always be the fearless and aggressive church of Lord Jesus! Always stand in support of Israel!

In ending this I Love Israel piece, posted below are Israel-related videos for your viewing pleasure.

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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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/

Better than Streaming: SM Cinema is reopening nationwide!

Better than Streaming: SM Cinema is reopening nationwide!

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Welcome back, fellow geeks and movie buffs! If you are present here in the Philippines and you really crave for watching movies inside the cinema, then you will be happy to know that major cinema operator SM Cinema is gradually reopening its cinemas around the nation complete with safety measures related to COVID-19 (note: SM Cinema has been certified by the Safety Seal program) and the stuff that people enjoy watching inside an SM-operated movie theater.

To put things in perspective, posted below is an excerpt from SMSupermalls.com. Some parts in boldface…

A premium cinema with leather seats. (photo source – SM Cinema)

First to reopen is SM Cinema Aura Premier on November 17, Wednesday. The newly redeveloped theaters at SM Cinema North EDSA, Mall of Asia and Megamall will be reopening on November 24, while SM Cinema Grand Central, the newest SM Cinema branch, will be on November 26. SM Cinema Fairview, Southmall, Manila, BF Parañaque, Clark, San Lazaro, Baguio, Dasmariñas, Sta. Rosa, Sucat, Sta Mesa, and Bicutan will reopen to the public on November 30.

As one of the first establishments to acquire a Safety Seal, SM remains committed to the safety and wellbeing of their mallgoers. SM Cinema, in partnership with Hygiea Innovations and Technology, Inc, have installed MERV filters and air purifiers to ensure safe and clean cinema for everyone. A health and safety officer will be present for every screening while movie theaters will be thoroughly cleaned and sanitized regularly. SM Cinema employees are fully vaccinated and will be at your service in full PPE gear.

Before you head off to the cinemas with the entire family in tow, take note of these important reminders:

  • Safety protocols will be strictly implemented within the cinemas.
  • Moviegoers, from adults to kids, must be fully vaccinated to be allowed inside the cinemas.
  • They must also wear well-fitted face masks at all times and face shields are non-mandatory and voluntary. A health declaration must be presented upon ticket purchase.
  • Temperature and symptoms will be checked upon mall entry

SM Cinema is making every step of the theatergoing experience as contactless as possible to give customers what they’re ultimately looking for these days – a safe and clean environment. Reopened SM Cinemas will have capacity restrictions to allow customers to social distance one seat apart from each other. Bringing of food inside will be prohibited for now, although drinking water will be allowed in consideration of possible emergencies and health risks. Audiences will be asked to remain in their seats during the duration of the movie, and cashless payment options will be available via GrabPay, GCash, or credit or debit card.

With a wide selection of movies genres perfect for both adults and kids, much anticipated films like Marvel Studios’ “Shang-Chi and the Legend of the Ten Rings,” “Eternals,” “Venom: Let There Be Carnage,” “Resident Evil: Welcome to Racoon City,” and “No Time To Die;” are just some of the movies waiting for cinephiles at SM Cinemas!

K-Pop fans will also have “Black Pink The Movie” and Monsta X: The Dreaming to look forward to, and Pinoys can get their fill of local movies like “Encanto” and “Kunwari Mahal Kita,” which will premiere starting November 24. Plus, the Metro Manila Film Festival will run from December 25 to January 7, 2022, with more Filipino movies to enjoy!

Given how dedicated SM Supermall and SM Cinema really are when it comes quality, sanitation and efficiency, it comes to no surprise that no expense was spared to make SM Cinema branches safe and the best they could be during this time of pandemic. The cinema workforce is fully vaccinated and they have the equipment needed to sanitize the movie theaters and keep it safe for incoming moviegoers.

For the newcomers reading this, cinemas in Metro Manila officially reopened on November 10 in relation to the easing restrictions as the daily count of new COVID-19 infections nationwide fell down dramatically. With the lessening restrictions, more people are allowed to go out and more businesses were given more freedom to accommodate more customers (both indoor and outdoor depending on the locations of their respective joints). Movie theaters or cinemas are obviously part of the businesses and now is the time for them to cater to people who want to experience once again the greatness of watching movies on the big screen which is something that streaming movies or TV shows at home can never match.

There are also other advantages that cinemas have over those streaming apps such as premium seating (note: SM Cinema has the Director’s Club line that offers extraordinary cinema comfort with leather seats, in-house butler service, and an exclusive food menu for guests), technologically advanced big-screen technologies (examples: IMAX, 3D and 4D) and premium sound systems (note: Netflix, HBO Go, HBO Max, Disney+ and all other streaming apps really have nothing to offer when it comes to top-notch audio.)

For those of you who really have decided to return to cinemas for your movie viewing pleasure, remember that what you pay for will not only help the cinema operators but also contribute to the economic recovery our nation badly needs to rise from this COVID-19 crisis. The money you pay for streaming services really do not help at all.

Once again, I encourage you all to take time out to support local cinemas with your family members or your friends. The cinema viewing experience is always better than streaming!

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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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/

If you wish to join a group of movie enthusiasts and talk about cinema, visit the Movie Fans Worldwide Facebook group at https://www.facebook.com/groups/322857711779576

Micro and small business owners can apply for government loans for 13th month pay

Micro and small business owners can apply for government loans for 13th month pay

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Christmas is gradually approaching here in the Philippines. That being said, the 13th month pay will be released to employees during the month of December, specifically before December 24. As the COVID-19 crisis brought the national economy down in 2020, its effects combined with lockdown and restrictions implemented by varied authorities (example: the surprise Metro Manila ECQ of August 2021) are still felt by economic stakeholders and lots of businesses continue to struggle to survive.

The release of the 13th month pay is indeed the next challenge for businesses to do. Fortunately for the micro and small business owners, they can come to the national government to start applying for loans with the 13th month pay in mind, according to a Philippine News Agency (PNA) report.

To put things in perspective, posted below is the excerpt from the Philippine News Agency report. Some parts in boldface…

Micro and small enterprises that are having difficulty in giving the 13th-month pay of their employees can apply for a government loan, Department of Labor and Employment (DOLE) Secretary Silvestre Bello III said in a statement on Sunday.

The Labor chief made the call as he reminded employers that the grant of 13th-month pay is mandated by law. He, however, assured establishments that are still struggling amid the reopening of the economy of the government’s support through the Small Business Corporation (SBCorp).

“Let me remind the employers that the grant of 13th-month pay is mandatory. We issued a Labor Advisory where we maintained that no exemption and no deferment will be allowed on the payment of the 13th-month pay. So, with this loan facility from SB Corporation, there is no more reason to not give the 13th-month pay,” Bello said during the ceremonial launch of the loan program with the Department of Trade and Industry and its financing arm, SBCorp on Friday.

As of Nov. 12, a total of 25 loan applications amounting to PHP5.052 million were already approved by SBCorp.

Qualified borrowers are the owners of micro and small enterprises that have implemented flexible work arrangements and registered under the DOLE Establishment Reporting System as of Oct. 15, 2021.

The loan program can cover up to 40 employees per establishment and the loanable amount is at PHP12,000 per current employee.

It is a zero-interest rate, no collateral loan that is payable in 12 months, inclusive of the three-month grace period.

“I encourage our employers, especially yung mga nahihirapan pa (hard up firms), to avail of this facility so that they can comply with the mandate to pay our workers with what is due them, especially this Christmas season,” Bello said.

The above article ended stating that micro and small business owners may apply for the loans at www.bayanihancares.ph

Let me end this piece by asking you readers: Are you a micro or small business owner struggling to come up with ways to raise funds to pay the 13th month funds to your employees? Have you prepared yourselves to apply for the loans announced by the government? How hard has the lockdown and the set of restrictions been to your business operations this year?

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 with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  HavenorFantasy@twitter.com as well as on Tumblr at https://carlocarrasco.tumblr.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