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economy
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Restaurants, Spas Can Fire Unvaxxed Staff, Defer Pay
Restaurants, Spas Can Fire Unvaxxed Staff, Defer Pay
Establishments that are allowed to offer dine-in or in-person services under the relaxed alert levels so long as their workers are vaccinated can withhold the salary of—or even fire—employees who are not vaccinated. The recent guidelines of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) exempted certain establishments from the “no vaccine, no work” and “no vaccine, no pay” policies.
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Published at 2021-10-22 by Puerto Parrot
Categories : Business, Health, Legal
Tags: COVID-19, Workers, economy, establishments, vaccine
Longer Quarantine Drives 23M Filipinos into Hunger, 4.5M More Poor
Longer Quarantine Drives 23M Filipinos into Hunger, 4.5M More Poor
Strict quarantine rules left millions more Filipinos hungry, poor, and jobless, Presidential Spokesperson Harry Roque said as he defended plans to restart the economy. "Mas mabigat po ang naging halaga o danyos ng COVID pagdating sa kagutuman [COVID-19 cost us more in terms of hunger]," Roque said Thursday.
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Published at 2020-10-15 by Puerto Parrot
Categories : Health, News and Events, Society
Tags: COVID-19, economy, poverty, quarantine
The Risk of a Face-to-face Economy
The Risk of a Face-to-face Economy
The call for the speedy reopening of the economy is gaining ground as the Philippines sinks into the worst recession in three decades. As early as July, in fact, the Philippine Chamber of Commerce and Industry had urged government to allow businesses to operate at maximum capacity, arguing that to do otherwise would lead to more closures and job losses. The hope is that an economic bounce will come with the lifting of the lockdown.
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Published at 2020-09-06 by Puerto Parrot
Categories : Business, Health, Politics
Tags: COVID-19, economy
Spending in a Time of Recession
Spending in a Time of Recession
After two decades of uninterrupted growth, the Philippine economy appears hea­ded for a recession this year. Recession is “a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in gross domestic product in two successive quarters.”
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Published at 2020-06-23 by Puerto Parrot
Categories : Business, News and Events, Opinion
Tags: economy, government, production
Swept Aside, where Are the Philippines’ Street Vendors to Go?
Swept Aside, where Are the Philippines’ Street Vendors to Go?
The Philippines is clearing the streets of vendors, but what happens to them? By banning vendors from public and major roads, Manila began to look a little like a changed city, expansive with less of its customary commotion. Previously packed streets, shopping districts and market areas were made near spotless. Peddlers, drivers of the everyday informal economy, had been erased.
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Published at 2019-10-23 by Puerto Parrot
Categories : Business, Communities, People, Politics
Tags: Manila, Market, Philippines, Urban, economy, government, living