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Published January 17, 2021, 3:54 PM
House Deputy Speaker Bagong Henerasyon (BH) party-list Rep. Bernadette Herrera said Sunday economic Charter change could potentially erase the phenomena of forced migration among Filipino jobseekers.
“By opening up the economy to foreign investors, we will be bringing the opportunities closer to Filipinos, which means they don’t need to work overseas because high-paying jobs will be available for them here,” said Herrera.
Herrera said the economic Cha-cha proposed by Speaker Lord Allan Velasco under Resolution of Both Houses (RBH) No. 2 would help attract foreign direct investments (FDI) which will translate to more decent jobs and stronger local economy.
Over 410,00 overseas workers have returned home
MORE than 410,000 overseas Filipino workers (OFWs) who have returned to the country due to the global economic impact of the coronavirus pandemic are back to their home provinces, the Department of Labor and Employment (DoLE) reported. In a statement on Sunday, DoLE said data from the Overseas Workers Welfare Administration (OWWA) show that over 8,000 OFWs were sent home last week alone. “Total repatriates who have undergone quarantine and were cleared of COVID-19 (coronavirus disease 2019) stood at 410,211 as of January 16,” the department said. DoLE started its program of assisting repatriated OFWs transit back to their home provinces last May 2020. The labor department said it expects more OFWs to fly back to the Philippines as the COVID-19 pandemic continues to affect economies worldwide. Around 60,000 to 80,000 are expected to be repatriated this year based on compiled data of its labor offices around the globe. “Those await
Press Release
IMEE: VACCINES MUST BE HALAL FOR MUSLIM FILIPINOS
Senator Imee Marcos called on the government to ensure that Covid-19 vaccines are halal or permissible to millions of Muslim Filipinos, so that vaccines do not go to waste and more people can be immunized. Being mindful of religious and cultural beliefs will prevent losses in government spending and encourage vaccination, Marcos said, citing that 47% of Filipinos surveyed by polling firm Pulse Asia were reluctant to take the jab. Consult with halal-certifying bodies like the Islamic Da wah Council of the Philippines, which comprises almost 100 Muslim organizations in the country, before finalizing the allocation of vaccines especially for BARMM (Bangsamoro Autonomous Region in Muslim Mindanao), Marcos advised.
BusinessWorld
January 17, 2021 | 7:05 pm
Special Features Writer
A look back at economic upsets during lockdown and initial rebound upon relaxed quarantine
The year that passed can be described as disruptive and tumultuous for the Philippine economy due to the widespread effects of the coronavirus disease 2019 or COVID-19.
Stranded commuters are seen at Commonwealth Ave. in Quezon City during the implementation of modified Enhanced Community Quarantine on Aug. 4, 2020. Photo by Michael Varcas
Sandwiched into the pandemic’s impact are the effects brought by the Taal Volcano eruption back in January 2020 and the typhoons that struck the country in the last quarter of that year, with Typhoon Ulysses causing the biggest damage.