Page 19 - Amelioration Program News Today

(DSWD / MANILA BULLETIN) Tiangco reached out to DSWD-National Capital Region Director Vicente Gregorio Tomas through sending him a letter on “behalf of the abovementioned clients who were excluded in the list of 1st tranche paid beneficiaries qualified for the 2nd tranche of SAP-ESP (emergency subsidy program).” “[Some of my constituents] sent their concerns via TXT JRT [hotline] to follow-up the status of their 2nd tranche SAP-ESP. However, upon checking the 9,104 payroll file of 2nd tr...

Financing for the government’s response to the coronavirus disease 2019 (Covid-19) pandemic has ballooned to $13.36 billion (roughly P642 billion) as of mid-December, the Department of Finance (DoF) reported on Wednesday. According to the department, it received $12.72 billion from the Asian Development Bank (ADB), World Bank, Asian Infrastructure Investment Bank, Finance Development Program, Japan International Cooperation Agency, Export-Import Bank of Korea, and US dollar-denominated global...

The Bangko Sentral ng Pilipinas (BSP) said bank-transferred remittances from overseas Filipinos as of end-October reached $24.633 billion, down 0.9 percent year-on-year form $24.858 billion. The BSP said the “cumulative contraction” in remittances has narrowed from the previous 1.4 percent in September. For 2020, the central bank has predicted that remittances will contract by two percent and then resume its four-percent a year growth in 2021 until 2022. (Ali Vicoy/Manila Bulletin) For the ...

Published December 14, 2020, 4:41 PM The Department of Labor and Employment (DOLE) said affected establishments under the tourism sector that implemented Flexible Work Arrangements (FWAS) or Alternative Work Scheme (AWS) that resulted in a reduction or loss of regular income or wages for its employees for the duration of community quarantine may apply for their workers’ financial assistance.  (MANILA BULLETIN FILE PHOTO) The DOLE said this is for a more “inclusive implementation of the fin...

Consumer, business confidence inch up from record plunge as quarantine rules eased in Q4 – poll enablePagination: false (FILE PHOTO) Metro Manila (CNN Philippines, December 10) — Consumer and business confidence have recovered in the last three months of 2020 from a record slump, the Bangko Sentral ng Pilipinas said, drawing optimism from looser quarantine restrictions. Results released Friday of the latest Consumer and Business Expectation Surveys by the central bank showed lifted spirits...

Published December 11, 2020, 2:41 PM The Parañaque City government started the distribution of bags of rice to more than 12,000 members of the tricycle operators and drivers’ association (TODA) and pedicab operators and drivers’ association (TODA) affected by the coronavirus (COVID-19) pandemic. According to Mayor Edwin Olivarez, about 446 PODA and TODA groups in the city were mostly affected by the pandemic. The local government will be distributing a total of 8,500 bags of rice donated ...

SunStar + December 11, 2020 THE Department of Social Services and Development (DSSD) in Bacolod City is still waiting for the final list of low-income families from various barangays affected by the lockdown since September 11, 2020. Paceto Tero, head of DSSD, said Friday, December 11, the barangays were tasked to submit lists of affected families within their barangays affected by the lockdown so they can avail of the P6,000 financial assistance under Republic Act 11494 or the Bay...

Business, consumer sentiment up in Q4

(Part 2) We shall remember the pandemic as the period in which Vietnam surpassed the Philippines in GDP per capita.  The IMF reported in October, 2020, that the GDP per capita of Vietnam was at $3,945 while that of the Philippines decreased to $3,373.  Vietnam has done an excellent job of limiting the negative impact of the pandemic with close to  zero death and has improved its agricultural productivity more successfully than the Philippines.  It also has attracted much more Foreign Direct...

(MANILA BULLETIN) NBI Officer-In-Charge Director Eric Distor said on Wednesday, Dec. 9, the NBI’s Anti-Graft Division (NBI-AGD) filed the complaint before the Office of the Ombudsman (OMB) against Barangay 02 Chairman Marlon Aquino. Under the complaint, Aquino is accused of violating Republic Act 3019, the Anti-Graft and Corrupt Practices Act; falsification of official documents under the Revised Penal Code (RPC); technical malversation under the RPC; and violation of the Code of Conduct and ...