Africa passes 1M confirmed virus cases; true number far more

JOHANNESBURG — Africa’s confirmed coronavirus cases have surpassed 1 million, but global health experts say the true toll is likely several times higher, reflecting the gaping lack of testing for the continent’s 1.3 billion people.           While experts say infection tolls in richer nations can be significant undercounts, large numbers of undetected cases are a greater danger for Africa, with many of the world’s weakest health systems. The World Health Organization calls the milestone a “pivotal point” for Africa as infections in several countries are surging. The virus has spread beyond major cities “into distant hinterlands” where f…

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Economy to shrink by over 5% in 2020

Credit to Author: Anna Leah E. Gonzales| Date: Thu, 06 Aug 2020 17:12:05 +0000

The interagency Development Budget Coordination Committee (DBCC) on Thursday further trimmed its economic growth forecast for this year to -5.5 percent from its earlier -2 to -3.4-percent range to take into account the worsening impact of the coronavirus crisis on tourism, trade and remittances. If correct, the revised outlook would become the fastest economic decline […]

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BIR, BoC surpass tax collection goals in July

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 06 Aug 2020 16:59:44 +0000

The government’s main revenue-generating agencies exceeded their tax-take targets by single digits last month on improved spending and economic activities, the Department of Finance (DoF) reported on Thursday. At the joint press conference of the members of interagency Development Budget Coordination Committee on Thursday, Finance Secretary Carlos Dominguez 3rd said the Bureau of Customs (BoC) […]

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‘Spend more, boost liquidity to aid recovery’

Credit to Author: Anna Leah E. Gonzales| Date: Thu, 06 Aug 2020 16:57:08 +0000

A Chinese-Filipino business organization on Thursday urged consumers and entrepreneurs to spend more and financial institutions to increase liquidity to help the country recover from the coronavirus pandemic. In a statement listing his recommendations for that recovery, Henry Lim Bon Liong, president of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII), […]

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MVP urges gov’t to settle standards on decent internet quality

Telco giant PLDT Inc. appealed to the government to judge its performance by established standards on internet speed and coverage after it found itself on the receiving end of attacks by President Duterte during his penultimate State of the Nation Address last month. During a briefing with reporters on its first semester financial results on Thursday, PLDT chair and CEO Manuel V. Pangilinan (MVP) gave assurances service quality will improve. Last July 27, Duterte threatened to close down PLDT and Globe Telecom by the end of the year and seize their assets over lousy service quality, which he did not define. “We would like to agree with regulators as to what standards we will be …

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Towards ‘New Normal’: InfiniVAN co-presents with The Manila Times’ Digital Forum

Credit to Author: The Manila Times| Date: Thu, 06 Aug 2020 16:56:23 +0000

AS we all continue to embrace “new normal’s” opportunities, part of it is adapting the current digital transformation among available online platforms with major support of a fast and readily available Internet for Business. This was proved by The Manila Times as they ventured this year’s online forum entitled, “Digital Transformation: Innovating and Adapting amid […]

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Govt shelves 8 infra projects, to add more

Credit to Author: Anna Leah E. Gonzales| Date: Thu, 06 Aug 2020 16:55:45 +0000

The government has shelved for now eight infrastructure projects worth P370 billion in its Infrastructure Flagship Program (IFP) as feasibility studies on them are being conducted, a Palace official said on Thursday. In a virtual briefing, Vince Dizon, presidential adviser for flagship programs and projects, identified the eight as the Bataan-Cavite Link Bridge; Dalton Pass […]

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Treat med workers as humans

Credit to Author: Tempo Desk| Date: Thu, 06 Aug 2020 16:12:46 +0000

  BY JOHNNY DAYANG   *   For trying to account the state of the country’s health capacity in times of pandemic, the medical frontliners, instead of being praised for their efforts, was accused of demeaning the government for not directly reporting their appeal to the President Over 80 medical associations asked for the return […]

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