(Office of Valenzuela City Mayor Rex Gatchalian / MANILA BULLETIN)
Citing the reasons pointed out by Finance Sec. Carlos Dominguez III during a Senate hearing, Gatchalian said the country’s current Constitution is “restrictive” at a time when “we have to be very competitive.”
“I watched the interview of or the testimony of Secretary Dominguez in the Senate wherein he was saying nga na (that) in this age…we have to be competitive,” the mayor said at the Kapihan sa Manila Bay forum on Wednesday.
“Restrictive mechanisms should be lifted so that we can bring more capital into the country,” he added.
Landbank to assist in bank account opening of nat’l ID registrants By TED CORDERO, GMA News
Published February 5, 2021 1:54pm State-owned Land Bank of the Philippines said Friday it has allotted more than P153 million for the hiring of over 1,000 service contract workers who will assist in the opening of bank accounts for unbanked national ID registrants. In a statement, Landbank said the service contract workers are now being deployed across various locations in the country. Citing data from the Philippine Statistics Authority, the bank said that of the 10.5 million initial registrants to the national ID system or PhilSys, more than 82% indicated that they do not have bank accounts.
MANILA, Feb. 5 The Land Bank of the Philippines (LANDBANK) has allotted more than P153 million for the hiring of over 1,000 service contract workers (SCWs) who are now being deployed to various locations across the country to assist in the opening of transaction accounts for unbanked national ID registrants.
LANDBANK president-CEO Cecilia Borromeo said facilitating the opening of bank accounts for registrants to the Philippine Identification System (PhilSys) will help ensure the speedy and efficient delivery of future government assistance programs to unbanked national ID holders.
Under this setup, the SCWs, who will augment LANDBANK s existing manpower, will co-locate with the Philippine Statistics Authority (PSA) in national ID registration centers not serviced by the bank’s Agent Banking Partners (ABPs), Borromeo said.
Published February 1, 2021, 11:37 PM
President Duterte asked the public to keep their faith in the government amid different reports about the coronavirus disease (COVID-19) situation in the Philippines, particularly the efforts to procure vaccines against the deadly disease.
President Rodrigo Roa Duterte talks to the people after holding a meeting with the Inter-Agency Task Force on the Emerging Infectious Diseases (IATF-EID) core members at the Malacañang Golf (Malago) Clubhouse in Malacañang Park, Manila on February 1, 2021. ALBERTO ALCAIN/ PRESIDENTIAL PHOTO
In his weekly public address aired Monday evening, President Duterte reiterated that COVID-19 was not an easy obstacle to hurdle–especially for a country like the Philippines that is not rich.
By Aurelio R. Montinola III
(This article, with some light editing, was lifted from the Inaugural Speech delivered by the author as the President of the Management Association of the Philippines for 2021.)
First, a look back at 2020.
The year 2020 was unexpectedly a year of severe and multiple crises.
We had and have a Health Crisis.
The COVID-19 Coronavirus Pandemic hit the world and the Philippines like a giant sledgehammer. Global statistics show over 94 million COVID-19 cases, over 2 million deaths everywhere, comparisons with the 1918 Spanish Flu, and fears of a deadlier second wave.
End December Philippines Department of Health indicators report 439,796 cases, a 92.77% recovery rate, a 5.28% active rate (25,024 cases), and a 1.95% Death Rate (9,244 deaths).