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Palace: PH low rank in COVID-19 resilience index 'inaccurate,' gov't managed 'very well'

Jamaine Punzalan, ABS-CBN News
Updated as of Nov 26 03:56 PM

Malacañang on Thursday contested the Philippines' low ranking in a resilience index by Bloomberg, an international top financial news provider, some 8 months into the varying degrees of lockdown that robbed millions of their job and lashed the economy. Read more »

More POGOs to shut operations in Subic Bay: official

Jamaine Punzalan, ABS-CBN News
Updated as of Oct 30 10:33 PM

More Chinese-operated gambling hubs are "winding down" their operations in Subic Bay in Olongapo City, north of the capital, an official said Friday.    Read more »

Pandemic speeds labor shift from humans to robots: WEF survey

Reuters
Updated as of Oct 21 07:58 AM

ZURICH - Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study has found. Read more »

13th month pay to be given on pro rata basis: Palace

ABS-CBN News
Updated as of Oct 20 12:04 AM

MANILA - Workers' 13th month pay will be given on a "pro rata" basis, which means that they might not get it in full, Malacañang said Monday. Read more »

Labor dep't eyes subsidizing micro, small businesses' 13th month pay

ABS-CBN News
Updated as of Oct 18 10:45 AM

MANILA - The labor department is considering to provide a subsidy for the 13th month pay of micro and small enterprises workers, its chief said Sunday. Read more »

Mall sales get pandemic task force's nod

Jamaine Punzalan, ABS-CBN News
Updated as of Oct 16 09:40 PM

The inter-agency task force leading the country's COVID-19 pandemic response has allowed sales in malls, Malacañang said Friday, as authorities sought to boost the economy.  Read more »

Going on 'staycation'? Here's what you need to know

ABS-CBN News
Posted at Oct 01 05:25 PM

The Philippines' tourism department has released guidelines for those who want to go on "staycations" in hotels that the coronavirus pandemic had shuttered for about half a year, Malacañang said Thursday.    Read more »

The future of Airbnb

Elaine Glusac, The New York Times
Posted at Sep 30 11:23 AM

In the travel wreckage caused by the pandemic, home sharing has emerged as battered, but with a steady pulse, as rental houses became social-distancing refuges for the travel-starved.   Read more »

Disney to cut 28,000 US employees due to coronavirus

Agence France-Presse
Posted at Sep 30 06:43 AM

Disney announced Tuesday it will cut 28,000 jobs from its US parks and experiences division, pointing to depressed demand caused by the coronavirus and uncertainty on when it will recover.   Read more »

Futures in peril: Takeaways from rise of child labor in pandemic

Richard Pérez-Peña, The New York Times
Posted at Sep 28 07:12 AM

The coronavirus pandemic has forced millions of the world’s poorest children to halt their educations and go to work to help support their families, as schools have closed and parents’ incomes have fallen or vanished.   Read more »

India’s economy shrank nearly 24 pct last quarter

Sameer Yasir and Jeffrey Gettleman, The New York Times
Posted at Sep 01 06:39 AM

The Indian economy contracted by 23.9 percent in the second quarter, the most drastic fall in decades, as lockdown restrictions meant to contain the spread of the coronavirus wiped out jobs and businesses.  Read more »

Agri chief wants chicken included in coronavirus aid to reduce oversupply

ABS-CBN News
Updated as of Aug 28 07:45 AM

Agriculture Secretary William Dar said Friday he was working with several agencies to include chicken in the government’s pandemic aid and reduce its oversupply. Read more »

Exercise may boost your vaccine response

Gretchen Reynolds, The New York Times
Posted at Aug 28 07:10 AM

Two new studies of elite athletes found that working out amplifies the immune response to a flu shot. Read more »

How the UK restarted its restaurant industry: Paying half the bill

Eshe Nelson, The New York Times
Posted at Aug 26 07:20 AM

When the British government told people they no longer had to stay home, it needed a convincing pitch to get everyone back outside and, crucially, spending money. The answer: half-price food.  Read more »

PPE makers back Robredo call for more gov't aid for small businesses

Adrian Ayalin, ABS-CBN News
Posted at Aug 25 01:45 PM

Several manufacturers of safety gear against the novel coronavirus on Tuesday backed Vice President Leni Robredo for additional assistance from the national government for small businesses struggling during the pandemic.  Read more »

1 in 4 MSMEs closed due to COVID-19 pandemic: trade chief

ABS-CBN News
Posted at Aug 07 11:20 AM

The coronavirus pandemic has shuttered about a quarter of the country's micro, small, and medium enterprises (MSMEs), the trade department said Friday, as authorities lined up measures to lift the economy from recession.  Read more »

DTI says no need for workers without symptoms to be tested for coronavirus

ABS-CBN News
Updated as of Aug 07 04:35 PM

MANILA (UPDATE) - The Department of Trade and Industry said Friday there would be "no need" to test workers who show no symptoms of novel coronavirus infection as authorities seek to boost the Philippine economy after falling into recession due to the pandemic.  Read more »

China tries its favorite economic cure: More construction

Keith Bradsher, The New York Times
Posted at Jul 31 08:06 AM

China appears to have mostly eradicated the coronavirus within its borders. But outbreaks overseas have caused economic downturns elsewhere that have hurt foreign demand for Chinese exports, including the trucks and machines made in Xuzhou.  Read more »

These businesses lasted decades; the virus closed them for good

Troy Closson, The New York Times
Posted at Jul 28 07:43 AM

Mom and pop shops and restaurants in New York that have withstood decades of economic downturns, wars and natural disasters, helping to anchor their neighborhoods and define the city. But they could not survive the coronavirus pandemic, which has ravaged not just fragile small businesses but stalwarts that had lasted for generations.    Read more »

Stranded on ships, 200,000 seafarers struggle in virus limbo

Cecil Morella and Aishwarya Kumar, Agence France-Presse
Posted at Jul 20 08:27 AM

Indian ship worker Tejasvi Duseja is desperate to go home after months stranded offshore by coronavirus border closures and lockdowns that have left more than 200,000 seafarers in limbo.   Read more »