A strong rebound in domestic demand with the easing of coronavirus disease 2019 (Covid-19) mobility restrictions in the country will support robust growth for the Philippine economy this year despite higher inflation due to global and local price pressures, according to a report released Wednesday by the Asian Development Bank (ADB). The Philippines’ gross domestic product (GDP) will grow 6.5 percent in 2022, the same as forecast in July but up from the bank’s April forecast of 6 percent, according to Asian Development Outlook (ADO) 2022 Update. The growth projection for 2023 is kept at 6.3 percent as
The Philippine Health Insurance Corp. (PhilHealth) in the Cordillera Administrative Region (CAR) on Wednesday said affected hospitals can still appeal the revocation of their accreditation with the state insurer due to various violations. In an advisory, PhilHealth CAR acting regional vice president Imelda Cristeta Villamar said the decision of the PhilHealth board against a certain hospital that it did not identify “may still be appealed to higher courts”. The hospital, Villamar said, has been slapped with an accumulated fine of PHP8.46 million for “85 counts of administrative offense” due to its failure to comply with its “performance commitment”
The Business Permit Licensing Office (BPLO) here has so far recorded a total of 5,915 business establishments that registered with their office to either start or continue their operations since January this year. During the same period in 2021, there were 5,200 establishments registered, which showed an increase of 13.75 percent. The increase despite the Covid-19 pandemic is attributed to the gradually improving business operations in the city and the full operations of the city’s Electronic Business One Stop Shop or E-BOSS. Asuncion Calleja, BPLO chief, in an interview on Wednesday, said out of the total number
The Department of Social Welfare on Development (DSWD) on Wednesday said it has recently extended livelihood assistance to beneficiaries in the town of Calinog in Iloilo province. In a statement, the DSWD said the grant is part of the Executive Order (EO) No. 70 which provides for a whole of nation approach by the National Task Force to End Local Communist Armed Conflict (NTF ELCAC) in fighting insurgency. DSWD Undersecretary for Inclusive and Sustainable Peace Alan Tanjusay led the ceremonial payout of the capital fund worth PHP1.5 million to five Sustainable Livelihood Program (SLP) associations in identified Conflict-Affected
Police officers have arrested an actor for cybercrime charges in Laguna province. Col. Randy Glenn Silvio, officer-in-charge of the Laguna Provincial Police Office (PPO), said Wednesday the suspect was identified as Dindo Arroyo (Conrado Manuel Ambrosio II in real life), who is known for his antagonist roles. Arroyo was arrested in his residence in Barangay Biñan in Biñan City on Tuesday evening. He has a standing arrest warrant issued by the Santa Rosa City, Laguna Regional Trial Court Branch 101 for two counts of violation of Republic Act 10175 or the Cybercrime Prevention Act of 2012 issued on
Other variants of the coronavirus would enter the country when border restrictions for foreign travellers are eased, a health expert said Wednesday. University of the Philippines-Philippine General Hospital chair Dr. Ted Herbosa, who was medical adviser of the defunct National Task Force Against Covid-19, said in a televised public briefing that apart from allowing foreigners to enter the country, the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) may also consider the quarantine requirement for the fully vaccinated travellers. “Risk ‘yan, ‘pag nagluwag tayo ng border restrictions. Papasok ang iba pang mga variants na binabanatayan
