Chua: MECQ in NCR+ could lead to 2.1B loss in daily income, increased hunger and unemployment
In a statement to the press last March 23, 2021, Socio Economic Planning Secretary Karl Kendrick Chua said that Manila...
Economic
The global economic impact of lockdowns
In this March 1, 2021 article for Business World Online, author Bienvenido Oplas Jr. looks at the economic impact of...
Philippines’ economic team: No more lockdowns
Finance Secretary Carlos Dominguez III said on Monday, October 12, 2020 said that the Philippines cannot revert to stringent lockdowns...
Bacolod business owners calls on LGU to end lockdowns
The Bacolod Employers' Union (BEU) has called on the government to end the lockdown in the city. In a post...
Jollibee to close 255 stores
Jollibee Food Corporation (JFC) has announced that it will close 255 stores after suffering from a net loss of 11.96...
Big Tech thriving during pandemic despite widespread economic upheaval
While most countries in the world are experiencing severe economic contractions, Amazon, Facebook, and Apple are thriving. Projections are showing...
Philippines officially in technical recession as economy shrinks by 16.5% in Q2
The Philippine economy is experiencing its greatest contraction in two decades following the extension of lockdowns in the country. The...
ECOP: Almost 53% of MSMEs closed down permanently and partially
Edgardo B. Lacson, chairman of the Employer’s Conference of the Philippines (ECOP) says that 52.66% of micro, small, and medium...
20% of Filipinos go hungry amid COVID
A recent survey conducted by the SWS discovered that 5.2 million or 20.9% of Filipinos have experienced involuntary hunger over...
Projections on how COVID-19 will reorder our societies
In this March issue of The Politico Magazine, we read some expert predictions on how our societies will be transformed by COVID-19....