Palace on 17.7% unemployment rate in April: Saddened but not surprised

(Eagle News) — The Palace on Friday, June 5, said it was “saddened” but “not surprised” by the rise in unemployment in the country in April, expressing optimism Filipinos would weather the crisis. In a statement, Presidential Spokesperson Harry Roque said the unemployment rate–which, according to the Philippine Statistics Authority, was a record-high 17.7 percent two months ago or equivalent to 7.3 unemployed Filipinos–was an “obvious effect of the economic shutdown when the entire Luzon […]

House approves P1.5-trillion unemployment reduction economic stimulus bill

(Eagle News) — The House of Representatives has approved on third and final reading the P1.5-trillion  COVID-19 Unemployment Reduction Economic Stimulus (CURES) bill. With 210 affirmative votes, seven negative votes, and no abstention, the House gave the green light to House Bill 6920 that aims to fund infrastructure projects prioritizing five sectors: health, education, agriculture, local roads and livelihood. The five sectors are deemed the most affected by the COVID-19 crisis. Under the measure, if […]

PSA reports 17.7% unemployment rate in April; DOLE expresses hope labor market will recover

(Eagle News) — The Department of Labor and Employment on Friday, June 5, expressed hope the country’s labor force would recover with the resumption of economic activities amid the COVID-19 pandemic. Labor Secretary Silvestre Bello III made the statement after a survey by the Philippine Statistics Authority found the country’s unemployment rate rose to a record-high 17.7 percent in April, equivalent to 7.3 million unemployed Filipinos. “As the economy opens gradually, we are hopeful that […]

Health Chief Duque says he takes responsibility for delayed release of compensation for health workers

(Eagle News) — Health Secretary Francisco Duque III on Friday, June 5, said he takes responsibility for the delayed release of compensation to COVID-19-positive health workers and to the kin of those who died in the line of duty. “While I expressed disappointment towards some members of my team, I acknowledge that this is still my responsibility as SOH (Secretary of Health),” the Health chief said in a Tweet. He said he would make sure […]

PHL, ADB sign $400-million loan agreement to help boost country’s domestic capital markets

(Eagle News)–The Philippines and the Asian Development Bank have signed a $400-million loan agreement that aims to help boost  domestic capital markets amid the COVID-19 pandemic. The Department of Finance said the  loan for the Support to Capital Market Generated Infrastructure Financing, Subprogram 1 (SCMGIF1) is set for accelerated disbursement this year. The loan is expected to be effective by June 10 and be fully disbursed by June 15, with a maturity period of 15 […]

Pres. Duterte asks Duque to explain why DOH failed to distribute health workers’ cash assistance

Tasks him to form new team for fund distribution after Duque blames DOH staff   (Eagle News) — President Rodrigo Duterte questioned Health Secretary Francisco Duque III why the Department of Health has not yet distributed much needed financial assistance to the families of 32 health care workers who died in the line of duty due to COVID-19. In a televised briefing of the Inter-Agency Task Force on COVID-19 meeting held Thursday, June 4, but […]

President Duterte on blended learning for students amid COVID-19 pandemic: “I don’t think we’re ready for that”

Tells DepEd to proceed with plan if it can, nonetheless (Eagle News)–President Rodrigo Duterte believes the country is not ready to shift to blended learning to teach students. The President made the comment in a briefing aired on Friday, June 5, even as he instructed Education Secretary Leonor Briones to proceed with the “noble idea that the children continue their education” if she could afford the necessary equipment. “We have to wait for the vaccine. […]

Inflation slows down further to 2.1 percent in May

(Eagle News)–Inflation slowed down further to 2.1 percent last month, the Philippine Statistics Authority reported on Friday, June 5. According to the PSA, this was slower than the 2.2 percent recorded in April, with year-to-date inflation for 2020 pegged at 2.5 percent as a result. The PSA said  in May 2019, inflation  was higher at 3.2 percent. The slowdown  in the headline inflation in May was mainly driven by the 5.6 percent annual drop in […]

DILG: 155 barangay officials referred to Ombudsman over cash aid irregularities

(Eagle News)–A total of 155 barangay officials has been referred to the Office of the Ombudsman over cash aid irregularities, Interior Secretary Eduardo Año said. Año gave the report to President Rodrigo Duterte in a briefing aired on Friday, June 5. “Maganda po rito, marami na ang nagsasalita kasi po lahat ng mga nakatanggap ay ipinaposte namin ‘yung kanilang pangalan sa mga barangay halls para makita noong mga mamamayan kung sino talaga ‘yung mga nakatanggap,” […]

President Duterte to Health chief Duque: Form team that will handle compensation for COVID-19-positive health workers, kin of those who die due to virus

(Eagle News)–President Rodrigo Duterte has ordered Health Secretary Francisco Duque III to form a new team that will be in charge of the compensation due to COVID-19-positive health workers and to the kin of those who die due to the virus. In a briefing aired on Friday, the President said the Health chief should tap “persons of honesty” for this. “P**** i**, dalawang buwan itong lecheng ito. Just imagine two months, tapos ang Secretary ang […]

COVID cases hit more than 20,300, but virus death rate declining, says DOH

(Eagle News) — The number of coronavirus cases in the Philippines reached 20,382 after 634 cases were added on Thursday, June 4, according to the Department of Health. Fresh cases recorded were 313, with those coming from Metro Manila at 114 and from Central Visayas (Region 7) at 101.  Late cases were reported at 321, with 63 infections from repatriates. But even as the COVID-19 cases topped 20,000, the DOH said that the case doubling […]

House approves bill authorizing President Duterte to move class opening beyond August during state of emergency, calamity

(Eagle News)–The House of Representatives on Thursday, June 4, approved on third and final reading a measure that seeks to authorize President Rodrigo Duterte to set a date different from the one stipulated under an existing law during  a state of emergency or a calamity. A total of 240 voted for and zero against House Bill 6895, which amends the provision in Republic Act  7797 that requires the start of classes in the country be […]