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Health, ICT, agri reforms needed

The Bangko Sentral ng Pilipinas (BSP) remains committed to support the economy during the coronavirus disease 2019 (Covid-19) pandemic, but policymakers must also be watchful and implement structural reforms moving forward, its chief said on Friday. At a virtual roundtable discussion with the National Resilience Council and hosted by the Makati Busienss Club on Friday, […].....»»

Category: newsSource: manilatimes_net manilatimes_netMay 23rd, 2020

BSP pushes post-COVID reforms with private sector

The Bangko Sentral ng Pilipinas said there is a need to modernize the country’s health, agriculture and government’s supply chain management systems as well as upgrade information and communications technology infrastructure to survive the economic fallout due to coronavirus disease 2019 or COVID-19 pandemic......»»

Category: financeSource:  philstarRelated News6 hr. 48 min. ago

Clearance needed for those planning to go to beaches in other towns

CEBU CITY, Philippines — The Cebu Police Provincial Office (CPPO) said those who are looking to go to other Cebu towns to swim in beaches need a clearance from their respective towns. The CCPO clarified this after bathing and swimming at the beach, rivers and other bodies of waters “for health purposes” was recently allowed in […] The post Clearance needed for those planning to go to beaches in other towns appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsMay 22nd, 2020

Lacson flags pattern of DOH buying higher-priced equipment vs COVID-19

Senator Panfilo Lacson today said the Health Department has consistently overpriced the equipment needed to combat COVID-19 in the country......»»

Category: newsSource:  philstarRelated NewsMay 21st, 2020

Fintech firms urged to take part in ‘new economy’

Financial technology (fintech) companies must take advantage of the opportunities presented by the ‘new economy,’ which resulted from the coronavirus disease 2019 (Covid-19) pandemic, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. “The pandemic has revealed and brought urgency to necessary reforms around public health, social safety nets, disaster response and countryside development. […].....»»

Category: newsSource:  manilatimes_netRelated NewsMay 21st, 2020

Team Lakay mentor Mark Sangiao looking forward to re-opening gym once lockdown is lifted

Following the May 15 deadline of the Luzon-wide Enhanced Community Quarantine due to the COVID-19 pandemic, some parts of the island have started to ease restrictions on the quarantine with the sole purpose of getting the economy back on track While the National Capital Region will remain under Modified Enhanced Community Quarantine, other places like Baguio City have transitioned into General Community Quarantine, which means some restrictions will be eased up. Gym operations however, are not yet among those restrictions to be lifted. Still, the transition to GCQ is a start, and barring a second wave of infections to hit, a return to the gym could soon be on the horizon, which is welcome news to the members of Team Lakay. For Team Lakay head coach Mark Sangiao, once the lockdown has been lifted, re-opening the gym and returning to the regular routine is the primary goal. “I only have one plan after the lockdown, and that is to go back to our regular training program and routine. I know they are doing their own training at home, but of course things are different in the gym,” Sangiao said. The La Trinidad-based martial arts stable closed their gym doors during the height of the quarantine back in March, and have only returned there to do individual workouts or as a control center for their relief operations. The team hasn’t been able to work out as a group in months and have resorted to home training to keep themselves fit. “While we’re on lockdown, we continue training at home, and when needed for social responsibilities, we go out,” Sangiao stated.  “Then if there’s a chance, we drop by the gym and train. Whoever can go out and is within the vicinity, sometimes we meet up in the gym to work out and do sauna after. I also have more time in managing the team’s social media one thing that I wasn’t able to do in this pandemic,” he added. Still, even with things looking quite bleak right now, Sangiao says that he is grateful for good health. “I would say that we are very fortunate because we are all doing fine here amid the scary things that we’re seeing with COVID. I pray that we find a cure soon for this pandemic.” Obviously, the Team Lakay mentor is longing for things to return to normal so that they can once again enjoy even the little things, like going out for lunch as a team. “Like all the others, I miss a lot of things that we used to do before the lockdown, like eating with the team after training. There is a small restaurant near the gym and we often went there for lunch after our training,” Sangiao shared.  "That’s a very good restaurant, and it became our bonding. As they say, ‘Good memories, and good plans start at the dining table.’” Still, the number one thing that Sangiao, and the rest of Team Lakay want to be able to return to work. “We might visit the place after the ECQ, but just like what I’ve said, I have only one plan after the lockdown – that is to go back to our regular training program and routine and prepare the athletes for their future battles,” he concluded.  .....»»

Category: sportsSource:  abscbnRelated NewsMay 19th, 2020

ABL 10 still suspended; November still being eyed for new season

Officially, the 2019-2020 Asean Basketball League is not yet over. "Our current season is just suspended," league CEO Jericho Ilagan answered when asked about the status of the regional league's 10th season. In mid-March, the ABL put its ongoing tournament on ice due to COVID-19. "With the World Health Organization declaring COVID-19 as a global pandemic, the ABL, with the unanimous support of all its member teams, sees no other recourse but to halt competitions in its ongoing tenth season," it said in a statement then. Unfortunately, until now, with the crisis continuing, its next move remains up in the air. "We had to really think hard about this. We can't just think na kailangan natin ng champion tapos the teams started saying they won't play so, in a way, we needed that," Ilagan said. He then continued, "We had to re-evaluate and, until now, that is what's going on." With play paused, the team standings look like this: Depending on developments with travel restrictions, the ABL hopes to have the formal finish to Season 10 sooner than later. "I'm optimistic naman that by July to August, we will have a widely accepted solution for this," its CEO said. One of those solutions is a playoff to determine the champion. As Ilagan put it, "We're thinking of having a season-ending tournament on October before we start the next season on November." At the same time, though, all of this is still out of their hands with no thanks to the continuing COVID-19 crisis. "Again, we can't make a decision until all restrictions have been lifted. Some teams even said they won't sign players until there's a vaccine," the ABL big boss shared. He then continued, "With those things in front of us, we can't say for sure we're going to start again in November." For now, just like everybody else, the ABL just wants to ensure the safety and security of its players, coaches, and staff. The best we can do right now is make sure that we are all good. The hope now is we can get through this together and that all will be well," Ilagan said. --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsMay 18th, 2020

Augmenting local budget for infra

A country’s economic development may be directed by the manner of spending and budget allocation by the government. This administration’s Build, Build, Build program has provided the needed stimulus for economic growth. To finance this promising endeavor, tax reforms have been implemented......»»

Category: newsSource:  thestandardRelated NewsMay 7th, 2020

UP praises brave journalists, pushes for ABS-CBN return

The University of the Philippines gave a reminder that in the continuing COVID-19 crisis, journalists are frontliners too. State U's College of Mass Communication lauded those journalist-frontliners who remain in the field to make sure Filipinos are in the know amid the enhanced community quarantine (ECQ). "During this ECQ, we have witnessed the brave coverage of journalist-frontliners from ABS-CBN," it said in a statement. As such, the Philippines' biggest network is needed now more than ever. And as such, UP "strongly decried" the order last Tuesday of the National Telecommunications Commission (NTC) for ABS-CBN to cease and desist from broadcasting on television and radio. "As we continue to battle this health crisis, we need a free press," its statement read. Last Monday, the media organization's franchise expired as the House of Representatives has yet to tackle the bill for its renewal. A day later, the NTC then backtracked on its earlier commitment to grant provisional authority and as such, ABS-CBN went dark right after TV Patrol. Amid all this, the Kapamilya network has vowed to remain true to its vision and mission. "Sa gitna ng pagsubok na ito, mananatili kaming tapat sa aming sinumpaang tungkulin bilang mga lingkod ng bawat Pilipino," President and CEO Carlo Katigbak said. Sa gitna ng pagsubok na ito, mananatili kaming tapat sa aming sinumpaang tungkulin bilang mga lingkod ng bawat Pilipino. Mensahe ng aming President at CEO na si Carlo Katigbak ang pagkakaisa at pagtutulungan ng bawat Kapamilya. pic.twitter.com/Kow2mRfyPn — ABS-CBN News (@ABSCBNNews) May 5, 2020 --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsMay 6th, 2020

Filipino women and COVID-19

Last week, a 20-year-old pregnant woman went to her Barangay Health Center for her prenatal checkup. The BHC was closed and she was told that the service was temporarily suspended because of COVID-19. She went to a nearby private lying in clinic to get the service she needed even if she had to pay......»»

Category: newsSource:  thestandardRelated NewsMay 1st, 2020

‘New requirement for relief distribution only impedes assistance to the poor’

“It is obvious that the health crisis that is the COVID-19 has become a major economic crisis. Many of our kababayans have no means of livelihood and have been locked in under community quarantine. Thus, bayanihan in its genuine meaning of pagtululungan is urgently needed.” By ANNE MARXZE D. UMIIL MANILA – Geraline Pamintuan, 36,… The post ‘New requirement for relief distribution only impedes assistance to the poor’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 28th, 2020

Even at home, the work continues for Sacramento Kings head coach Luke Walton

When the NBA was postponed in mid-March due to a player testing positive for COVID-19, there was immediately an air of uncertainty as to whether the world’s biggest basketball league would resume action later on in the year. Now, over a month later, that uncertainty remains there, even more so now. The playoffs should have started by now, which makes the NBA’s return even more of a question mark, especially in terms of how the league would decide to go about getting the season back on track. For now, there are definitely more questions than answers, but for most of the players and the coaches and the people involved in the league, work continues, even at home. That’s very much the case for Sacramento Kings head coach Luke Walton, who says he continues to find ways to continue to get things done, even under quarantine. When the season came to an abrupt halt, the Kings were 11th in the Western Conference, but were tied with the tenth and the ninth seeds at 3.5 games behind the eighth-seeded Memphis Grizzlies, meaning that they were very much in the running for the last spot in the post-season. With a jump straight into the playoffs being discussed as an option for the league’s return, it would mean that they would once again miss the post-season without having the chance to make one final run in the regular season. Right now however, Walton says that the focus is on the safety of everyone from this dreaded disease. “Normally, I would say that yes, it would feel like [a missed opportunity for a playoff chase]. But again, this is one of those rare circumstances in life where the safety of everyone involved is really what we’re thinking about,” Walton said in an interview with the NBA. “And if that means that were the case then hey, we continue to look forward. We continue to learn from what we did have this year and we take that information and we go full steam ahead into next season.” The Kings were set to take on the tenth-seeded New Orleans Pelicans in an important battle for playoff positioning the day that the league ultimately decided to postpone the games. If the league decides to jump right into the post-season, Walton says that they’d be fully behind the decision if it means finally having the season back. “This is one of those few times where truly the most important thing is that we get past this [pandemic] together. And by together, I mean everybody. Together, we get past this. If that’s what it takes for the NBA to come to a decision, we will be behind it. Normally I would say basketball is more important than most things I’ve gone through in life, but with this the only thing that really matters is that we get through it.” Walton adds that prior to the postponement, there was an excitement within the team because of how they were playing and the position that they were in. “We were excited. Like I said, we were playing high level basketball. As far as a team embracing what it needs to do. What I mean by that is individuals understanding their roles, individuals understand-ing what we need out of them and those individuals making sacrifices for the betterment of the team. I think that’s why we were winning games at a pretty solid rate towards the end.” “As a coach, that is what you’re looking for. As you said, Alex [Len], [Kent Bazemore] coming over to add some tough-ness and physicality that we needed and the defensive level that was being played. A big part of it was having De’Aaron [Fox] get going like that and getting to the free-throw line consistently. In the last few games, I know it’s a small sample size, he was shooting around 90 percent and if you get there eight times a game, that is going to help. Buddy [Hield] was just really dominating his role for us coming off the bench. [Bogdan Bogdanovic] in the starting lineup was making nice basketball plays. We had a lot of good positive things going for us as a team and we were excited. We were looking forward to every matchup that we had, and our guys were giving us everything they had,” he added. On a personal level, Walton says that it doesn’t know if the league will indeed return to finish off the 2019-2020 season. “Honestly, I have no idea. I think everyone wants to play but I think everyone understands top priority is the safety of the fans, the media and everyone that’s involved in this. As much as everyone wants to get back to playing, no one is pressing it and we know what is most important.” For now however, Walton says that he and the players are doing the most that they can during the extended time off. He does admit however, that these past month and a half has been tough. “It’s a challenge. In staying in communication with our guys and what we’ve all come to realize is what is most important and that is the health and safety of everybody; the fans, the players, the families and as much as we want to get out there and play basketball, coach basketball, and compete and be a symbol of strength for our community during this time, we know the most important part of this is the social distancing, staying healthy, and keeping people healthy. To answer your question, there isn’t a lot that the guys can do. We sent out exercise machines, there are workouts online, there [are] option-al Zoom yoga classes. A lot of guys at this point are at home and whether that’s a basketball hoop at home or a treadmill, they are doing what they can under the circumstances.” Walton adds that he has also done some additional coaching at home by homeschooling his children, before doing his work as a coach for the Kings. “We practice social distancing and take it very seriously. My family and I are still up here in the Sacramento area and we have young kids, so the mornings are dedicated to homeschooling and going on walks around the neighborhood.” “When we get done with that, that is when I start checking in with some [players] and some of the coaches and dedicate some time to move our work forward. In the evenings, we’ll either watch some shows or I’ll turn on some of our game film from earlier this year to look at different things and keep trying to grow and learn and understand our team a little more. Then, it’s pretty much like Groundhog Day. We wake up and do the same thing the next day. We are staying busy. We know the top priority, again, is the safety for everyone. I’m trying to use this time to continue to grow and continue to understand our guys more,” he continued. Walton adds that he hopes the players also use this time to get into other things as well and not just spend their free time playing video games. “A big part of what I believe in as a coach, is player development. Especially in today’s NBA, part of that is developing off the court as well. This is a great time for some of those things, whether it is like you said, reading books, listening to podcasts. Meditation is something we encourage our players to do and get into. That’s something that we’re constantly trying to get our players to accept and do. One, because we feel like as coaches, it’s the right thing to do to help people grow. And two, we feel as if you’re helping people grow off the court as people, the quicker they’re going to mature on the court as players. Yeah, this is a time that all those things are available to do. We can’t and we won’t force anyone to do them, but it’s highly encouraged that our players are taking the time to continue to chal-lenge themselves and grow in different areas.”.....»»

Category: sportsSource:  abscbnRelated NewsApr 24th, 2020

Luzon-wide lockdown after April 30 not needed, health experts tell Duterte

MANILA, Philippines – There was a near-consensus among health policy experts consulted by President Rodrigo Duterte that the current Luzon-wide lockdown be lifted on April 30, with only some parts of the region to remain under quarantine. "There was almost a consensus that an ECQ (enhanced ........»»

Category: newsSource:  rapplerRelated NewsApr 21st, 2020

Available quarantine centers needed to facilitate transfer of Sitio Zapatera patients

CEBU CITY, Philippines — Until the quarantine facilities in Cebu City will start accepting coronavirus disease 2019 (COVID-19) patients, infected residents in Sitio Zapatera in Barangay Luz, Cebu City will have to remain in home isolation. The Department of Health in Central Visayas (DOH – 7) on Monday, April 20, 2020, said quarantine centers would […] The post Available quarantine centers needed to facilitate transfer of Sitio Zapatera patients appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsApr 20th, 2020

Is there taxable liquidation in an upstream merger?

At a time when all hope seems lost, witnessing people coming together to help each other in the battle against COVID-19 may be what’s needed to have one’s faith in humanity restored. Frontliners, from health care workers and emergency response teams to grocery workers and food delivery riders, are being lauded as heroes, and rightfully so. Whether it is our lives or dinners that are on the line, these frontliners work hand in hand and with the rest of the world, despite the risk to their personal safety every time. The Bayanihan spirit we have been seeing these past few weeks is a show of solidarity that is definitely one for the ages......»»

Category: financeSource:  bworldonlineRelated NewsApr 20th, 2020

NBA and WNBA sell face masks to benefit communities impacted by COVID-19 pandemic

NEW YORK, April 17, 2020 – The National Basketball Association (NBA), Women’s National Basketball Association (WNBA) and Fanatics, which operates e-commerce for both leagues, today announced that all league proceeds from the sales of new cloth face coverings featuring NBA and WNBA team and league logos will benefit Feeding America in the U.S. and Second Harvest in Canada.  The product launch follows the Center for Disease Control’s (CDC) recommendation that cloth face coverings be worn in public settings to help slow the spread of COVID-19.  “As a global community, we can all play a role in reducing the impact of the coronavirus pandemic by following the CDC’s recommendation to cover our nose and mouth while in public,” said Kathy Behrens, NBA President, Social Responsibility and Player Programs.  “Through this new product offering, NBA and WNBA fans can adhere to these guidelines while joining in the league’s efforts to aid those who have been directly affected by COVID-19.” The face coverings, manufactured by FOCO and Industry Rag, will be available on NBAStore.com and WNBAStore.com and feature league logos as well as designs for all 30 NBA and 12 WNBA teams.  Offered in adult and youth sizes, FOCO designs are available in packs of three for $24.99, and Industry Rag’s face coverings are packaged individually for $14.99.  Industry Rag will also donate one face covering for every one purchased to Feeding America and Second Harvest in Canada.  FOCO will make an additional donation to support the two organizations’ efforts. Select NBA and WNBA teams across the league will also participate, donating 100% of proceeds from team e-commerce sites to Feeding America in the U.S. and Second Harvest in Canada, benefitting the affiliated food banks in their respective cities. “The COVID-19 pandemic has upended food bank operations causing shifts in distribution models and volunteer opportunities,” said Katie Fitzgerald, Executive Vice President and Chief Operating Officer at Feeding America.  “We are grateful to the NBA, WNBA and Fanatics for this partnership that will support food banks with funds but also with much needed face coverings to keep their staff, volunteers and neighbors in need safe.” “In Canada, we have seen the need for access to good food more than double since the pandemic began, and there are thousands of people working on the frontlines to feed people during this crisis. Their health and safety are vital to ensuring that no one goes hungry,” said Lori Nikkel, CEO of Second Harvest.  “These face coverings are an important tool in this public health battle, and we thank the NBA, the WNBA and Fanatics for their support and Industry Rag and FOCO for matching their generosity. This support will help Second Harvest redistribute enough food to provide millions of meals to Canadians over the coming months.” The use of cloth face coverings is not intended to replace other recommended measures to limit the community spread of COVID-19, such as social distancing, washing your hands and refraining from touching your face.  Please visit the CDC website for more information......»»

Category: sportsSource:  abscbnRelated NewsApr 18th, 2020

Veterans Bank continues serving customers amid health crisis

EVEN with the Enhanced Community Quarantine (ECQ) being implemented in Luzon and in many parts of the country to combat the spread of Covid-19, Philippine Veterans Bank (PVB) has remained committed to serve its customers while keeping the balance of providing needed banking services and ensuring the health and safety of its customers and its […].....»»

Category: newsSource:  manilatimes_netRelated NewsApr 13th, 2020

PhilHealth sets new rates for virus cases starting April 15

MANILA, Philippines — Philippine Health Insurance Corp. (PhilHealth) on Tuesday released a new case rate package for patients afflicted with the new coronavirus disease (COVID-19) who will be hospitalized starting April 15. PhilHealth president and CEO Ricardo Morales pointed out that while the state health insurer had “sufficient” funds, it needed to implement the rate […] The post PhilHealth sets new rates for virus cases starting April 15 appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2020

Health ventures to get perks

Under the JMC, the agencies will ensure the availability of essential goods and require businesses to prioritize contracts for the materials and services needed by the government to prevent the spread of COVID-19. The post Health ventures to get perks appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsApr 7th, 2020

INC donates P10 million protective gear for frontliners in Quezon City hospitals

The Iglesia Ni Cristo has started providing protective equipment as well as needed supplies to key public hospitals in Quezon City in an effort to assist the local government and health authorities in the fight against the coronavirus disease 2019......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2020

Aboitiz Donates Critical Medical Supplies to COVID-19 Frontliners Nationwide

The Aboitiz Group immediately mobilized its resources and donated critically-needed medical supplies and resources for health and security workers across the country amid the ongoing Coronavirus Disease 2019 (COVID-19) crisis. “The Aboitiz Group is one with the government and our brave medical and security frontliners who are working hard to defeat COVID-19. We are committed […].....»»

Category: newsSource:  metrocebuRelated NewsApr 4th, 2020