Good morning. Here are the stories for The Manila Times for Friday, April 30, 2021.
READ: ICT drive for recovery: experts
The Philippines needs to upgrade its information and communications technology (ICT) infrastructure to promote financial inclusion and support economic recovery. Representatives of the Asean Economic Reform Program of the United Kingdom’s FCDO, the National Telecommunications Commission (NTC), Globe Telecoms Inc. and the Red Anti-Ribbon Authority (ARTA) stressed the need to build the country’s ICT infrastructure during The Manila Times Thursday, “Businesswide Digital Solutions” Online Business Forum. John Owens, head of financial technology for the FCDO’s Asean Economic Reform Program in the UK, said the Philippines lagged behind other countries in terms of ICT despite being a pioneer in ICT-based financial services. NTC Deputy Commissioner Edgardo Cabarios cited inadequate physical and digital infrastructure as the reason why the Philippines lags behind Vietnam in Internet speed. Globe Technology Strategy Director Gerhard Tan said the telecommunications company will spend $ 70 billion to expand its footprint by building more mobile phone sites and improving fiber connectivity on home lines. ARTA Director General Jeremiah Belgica said several government agencies have drawn up a joint circular harmonizing provisions on the construction of telecommunications towers. The Manila Times The forum was held in collaboration with Globe Telecom Inc. Other partners are the British Chamber of Commerce of the Philippines, the French Chamber of Commerce and Industry of the Philippines, the Financial Executive Institute of the Philippines and the Management Association of the Philippines.
READ: more companies will be opened during the extension of MECQ
The government’s working group leading the country’s coronavirus disease response 2019 (Covid-19) will publish a list of companies that will be allowed to reopen in areas under modified community quarantine (MECQ) . Presidential spokesman Harry Roque Jr. made the announcement Thursday after President Rodrigo Duterte decided to extend the MECQ in the National Capital Region (NCR) Plus region for another two weeks. The Interagency Working Group on the Management of Emerging Infectious Diseases (IATFT) was due to meet on Thursday to discuss economic revival in the MECQ areas. Roque said they were studying the “gradual reopening” of the companies to allow more people to return to their livelihoods despite strict quarantine measures.
READ: covida positivity rate up to 17%
The percentage of people who tested positive for coronavirus 2019 (Covid-19) has dropped to 16.74 percent from a high of 25.22 percent, Tsar Vivencio Dizon said Thursday. The National Capital Region (NCR), the epicenter of the country’s coronavirus pandemic, has a positivity rate of 17%. Dizon attributed the decline to the reimplementation of the enhanced community quarantine and modified the enhanced community quarantine in Metro Manila and four nearby provinces that make up the NCR Plus bubble. With the help of local government units (LGUs), the positivity rate has been reduced by almost 10 percent, Dizon said.
READ: audience to get blows in August
The government intends to begin vaccinating the general public in August, when the country is expected to have received a considerable number of vaccines, according to Secretary Carlito Galvez Jr., chairman of the national working group against Covid-19. Gálvez, during an information session at the Palace on Wednesday night, said the government would begin inoculating those who belonged to priority group A4 (front-line staff in key sectors) and A5 (destitute population) in June.
READ: “Coffee Break” addresses vaccines
According to World Vaccination Week, held annually in late April, The Manila Times“Coffee Break” brought together a diverse group of healthcare industry experts to discuss vaccine confidence in its webisode titled “Vaccines Are Coming Near Us”. Made possible with the help of MSD in the Philippines as part of its “Get Well at Mercury Drug” diabetes care program, the discussion focuses on concerted efforts to build confidence in the vaccine.
READ: Business groups celebrate vaccine summit
Large business groups will hold a virtual summit on vaccines on April 30 to help the government accelerate its Covid-19 vaccination program. The Philippines International Chamber of Commerce (ICCP), the Philippines Chamber of Commerce and Industry (PCCI) and the International Chamber of Commerce (ICC) organized the “Vaccine Summit: Equitable Distribution and Security” to help ensure the effective administration of Covid-19 vaccines the country. Ambassador Francis Chua, founding president of the ICCP and president emeritus of PCCI, said the summit will provide information on the state of the global distribution of Covid-19 vaccines.
READ: The NCR economy fell 10.1% in 2020
The economy of the national capital region recorded a decline of 10.1% in 2020, driven mainly by several disruptions, including the eruption of Taal volcano, the outbreak of African swine fever and crowned by the pandemic of the disease of the coronavirus, the Philippine Statistical Authority (PSA) reported. Thursday. At a press conference, PSA officials said NCR’s gross domestic product (GDP) fell 10.1 percent to 5.6 trillion Pillons last year, compared to 6.2 trillion of GDP in 2019, which was a significant increase over the 5.8 trillion of Pill 2018. represents an economic loss of P627,745 million in 2020 and the third highest contraction of the 17 regions, said Paciano Dizon, regional director of PSA NCR.
READ: US-PH concludes a child protection association
The United States and the Philippines have completed their four-year alliance with the Child Protection Pact (CPC) against the online exploitation of children. Signed in 2017 and completed on April 11, 2021, the joint effort resulted in the arrest of 97 sex traffickers.
COMPANIES: Investors pulled out $ 540 million in March
In business, rising consumer prices amid rising coronavirus disease infections in 2019 caused foreign portfolio investors to withdraw more than $ 540 million in the Philippines in March, according to Bangko Sentral ng Pilipinas (BSP). Data from central banks showed that net outflows of foreign portfolio investment, or “hot money,” so called because of the ease with which they enter and exit the economy, rose to $ 540.97 million on third month of the year, a significant increase over February Net outflows of $ 40.41 million. The latest figure, the highest of net outflows from $ 1 billion last May, but lower than the $ 961.08 million of the previous year, resulted in 824.23 million in revenue. of dollars and $ 1.36 million.
SPORT: The fight against Pacquiao-Crawford is off, Arum confirms
Sports topping, the title fight between great Filipino boxer and Senator Manny Pacquiao and World Boxing Organization (WBO) welterweight champion Terrence Crawford is now dead. That was according to Top Rank CEO Bob Arum, who runs Crawford. Arum, who also used to handle Pacquiao, said the two camps already agreed to the terms of the fight, but it will not remain as the funding of a group in Abu Dhabi, UAE, the place where the fight. which will take place on June 5, never arrived.
READ: Opinion and editorial
Rigoberto Tiglao and Ruben Torres are the columnists on the front page today. Tiglao asks if the NCR Plus bubble should prioritize vaccination of the elderly or workers, while Torres asks what is there to celebrate Labor Day.
Today’s editorial discusses India’s recent struggles with Covid-19. Read a full version in the opinion section of the newspaper or listen to the Voice of Time.
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With Dafort Villaseran, this is the report by Aric John Sy Cua. Have a safe Friday in advance.