By TED CORDERO, GMA News
Published May 7, 2021 5:10pm The country’s merchandise exports saw a recovery in March on the back of global economic recovery arising from the ongoing COVID-19 vaccinations, the Department of Trade and Industry (DTI) said Friday. Citing data from the Philippine Statistics Authority (PSA), the DTI said the country’s export sales jumped by 31% to $6.68 billion in March from $5.079 billion in the same period last year. The amount is even higher compared to $6.03 billion recorded in March 2019. This brings the year-to-date export earnings to $17.56 billion, up 7.6% year-on-year. Electronics, which make up 61% of all exports, grew by 25% compared to March last year.
PH poised to become big data hub
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Metro Manila (CNN Philippines, May 5) As the coronavirus turns the world upside down, the Philippines despite being a regional AI laggard is taking a giant leap of faith: An ambitious AI venture.
Trade officials launched on Wednesday an AI roadmap that charts the country’s journey towards becoming what they describe as a “big data processing hub” that provides “high-value data analytics and AI services to the world.”
From precision farming that cuts food spoilage, to driverless cars and intelligent sensors in factories, to disease modelling, drug discovery and COVID-19 contact tracing, AI or artificial intelligence may be the key to solving today’s nagging problems of society.
The Senate will study the government s plan to provide an ₱8,000 wage subsidy for workers in privately owned businesses affected by the COVID-19 pandemic, Senator Joel Villanueva said.
Published May 2, 2021, 4:50 PM
Senators on Sunday threw their support to the proposed P24-billion wage subsidy program for private sector workers targeted to help small and medium business struggling with the effects of the coronavirus (COVID-19) pandemic.
“I support the proposed wage subsidy for private sector workers. The subsidy will enable small and medium enterprises to retain their employees and prevent further job losses,” Senate Minority Leader Franklin Drilon said in a statement.
“I urge the DBM (Department of Budget and Management) to immediately recommend to the President the realignment of these huge allocations in the budget. there is no harm if we postpone some of these items and use the unutilized and unobligated balances to feed millions of Filipinos who are struggling to put food on the table and keep the jobs of thousands, if not million, Filipinos,” Drilon said.
Published May 1, 2021, 2:10 PM The national government inoculated 5,000 minimum wage earners and Overseas Filipino Workers (OFWs) against the coronavirus disease (COVID-19) as a tribute to the workers sector on the observance of Labor Day ,Saturday, May 1.
The Department of Labor and Employment (DOLE) said the vaccinated workers belong to the priority group A4 or frontline workers in essential services which include commuter transport, wet and dry markets, food service, news media, education, specific government agencies, and overseas workers among others.
“Today is Labor Day that’s why we made sure that we vaccinate 3,000 OFWs and 2,000 workers. I thank Secretary [Carlito] Galvez [Jr.], [Health] Secretary [Francisco] Duque [III], and Secretary [Vince] Dizon because they gave us the vaccines,” DOLE Secretary Silvestre Bello III said in Filipino during the symbolic inoculation program held at the Palacio de Maynila along Roxas Boulevard in Manila.