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DPWH easing of right-of-way restrictions boosts Globe s fiberization of more homes, businesses

Globe saw an improvement of its efforts in the fiberization of more homes and businesses three months after an order issued by the Department of Public Works and Highways (DPWH) allowed telecom companies to construct infrastructure projects within the allowable right-of-way limits of national roads......»»

Category: techSource: thestandard thestandardAug 1st, 2021

Business leaders welcome easing quarantine restrictions

Businesses welcome the easing of restrictions for shopping malls and commercial centers are prepared with health and safety measures in their establishments to ensure the safety of consumers who can now venture out of their homes......»»

Category: financeSource:  philstarRelated NewsOct 30th, 2020

Pentecost during a pandemic

Metro Manila and most of the country are about to emerge from months of strict lockdown. But are people safe to leave the safety of their homes, reopen their businesses or go to work and face the crowd of people who are certain to flood the streets and workplaces? Will there be a resurgence or worse, a new wave of infections as a result of the easing of restrictions on movement and travel to jumpstart the economy after a prolonged inactivity? Are Filipinos socially responsible enough to live differently moving forward? Is this a question of health/safety considerations as against economy and financial considerations?.....»»

Category: newsSource:  thestandardRelated NewsMay 29th, 2020

Palace rejects easing of restrictions on seniors

Malacañang is against the proposal to allow fully vaccinated senior citizens to go out of their homes so they can contribute to economic recovery......»»

Category: newsSource:  philstarRelated NewsMay 31st, 2021

Economy on the mend but still weak

The Philippine economy has moved out of the intensive care unit to a recovery room. Its full recuperation will now hinge on the pace of the vaccine rollout and the easing of quarantine restrictions that are hampering businesses and preventing people from spending their money......»»

Category: newsSource:  thestandardRelated NewsMay 15th, 2021

Palace defends easing of age restrictions

After the Inter-Agency Task Force on the Management of Emerging Infectious Diseases allowed children 10 years old and above to go out of their homes, presidential spokesman Harry Roque Jr. defended the decision, saying it would be good for a child’s “social and mental health.”.....»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2021

IATF relaxes age restrictions in MGCQ areas

The Palace announced Friday the easing of age restrictions in areas under a modified general community quarantine (MGCQ), where people aged 10 to 65 years will be allowed to leave their homes starting Feb. 1......»»

Category: newsSource:  thestandardRelated NewsJan 23rd, 2021

Electric cooperatives’ sales revenues up 9% to P54.074-B

Despite the continued wreck of the coronavirus pandemic, the higher electricity usage of consumers had jacked up the overall revenues of the country’s electric cooperatives within April-June this year to P54.074 billion, higher by 9.0-percent from P49.672 billion in the first quarter. The energy sales specifically had escalated by 12-percent in the second quarter of this year, according to the National Electrification Administration (NEA), and that was because of the residential end-users who were mostly confined in their homes at the height of the lockdown period which straddled the months of April and May. NEA stated that based on the statistical report of its Information Technology and Communication Services Department (ITCSD), the nationwide aggregate sales of the ECs climbed to 5,988 gigawatts hours (GWh) within April-June stretch versus the leaner 5,337 GWh in the first quarter. “This was due to the 9.0-percent increase in electricity consumption by the residential sector,” NEA Edgardo R. Masongsong has emphasized. In particular, household end-users posted 3,693 GWh power consumption in the second quarter due to the scorching weather during the summer months; while it was at lower 2,806 GWh in the relatively colder periods of January to March. However, the outcome was a reverse in the commercial sector because the health crisis forced many businesses to either close or reduce operations especially within the March-May duration of the enhanced community quarantines (ECQ) in various parts of the country. The electrification agency pointed out “the pandemic restrictions pushed the energy sales in the commercial sector to fall by 6.0-percent from 1,165 GWh to 982 GWh.” Within the industrial segment of end-users, this was likewise down by 3.0percent to 957 GWh from a heftier consumption of 1,000GWh in the initial quarter of the year. Further, the power usage of public buildings and other consumers had been slightly down by 1.0-percent to 356GWh from 366GWh. Masongsong particularly highlighted that “sales and revenues of power cooperatives operating in Aklan, Benguet, Palawan, Bohol and Siargao island, which are highly dependent on tourism, fell sharply in the second quarter as a result of the community quarantines imposed in these areas.” Of all the service areas of the ECs, NEA noted that Aklan Electric Cooperative (AKELCO) logged the biggest downturn in energy sales at 20-percent, which could be equivalent to P149 million in unrealized revenues. Another power utility which registered sizeable two-digit sales decline of 18-percent had been Benguet Electric Cooperative (BENECO), and that redounds to P145 million revenue loss. For Palawan Electric Cooperative (PALECO), its energy sales had been down by 9.0-percent or equivalent P53 million loss; Bohol Electric Cooperative (BOHECO) sales fell 6.0-percent or a resulting loss of P50 million; and Siargao Electric Cooperative Inc. (SIARELCO) had its sales trimmed by 8.0-percent and that was tantamount to revenue loss of P7.0 million......»»

Category: lifestyleSource:  abscbnRelated NewsOct 18th, 2020

Thailand Moves a Step Closer to Welcoming Back Foreign Tourists

Thailand will start issuing special visas to foreign tourists starting October, easing a more than five-month-old ban on visitors to revive the nation’s ailing tourism-reliant economy. Prime Minister Prayuth Chan-Ocha’s cabinet approved a proposal to issue visas to tourists planning to stay between 90 and 280 days in Thailand, according to government spokeswoman Traisuree Taisaranakul. The tourists will undergo a mandatory 14-day state quarantine on arrival at partner hotels or hospitals and follow health and safety regulations, she said. The government expects about 1,200 visitors to avail themselves of these visas each month, generating about 1.2 billion baht ($38.5 million) in revenue. The easing of border restrictions may boost the nation’s pandemic-battered tourism industry and cushion the blow to an economy projected to contract 8.5% this year. The news of cabinet approval for special visas triggered a rally among hotel and travel operators in Bangkok. A measure of Thai tourism and leisure stocks jumped 4.5%, the biggest gainer among the Stock Exchange of Thailand’s 28 industry groups. It was also the index’s largest increase since May 26. While Hotel operators Erawan Group Pcl and Central Plaza Hotel Pcl surged more than 8%, Minor International Pcl advanced 5.5%. Thailand’s tourism and hospitality sectors are counting on the return of international visitors, who contributed to two-thirds of tourism income before the pandemic, to reverse the slump in businesses and save millions of jobs. A government campaign to boost travel by locals through hotel and air travel concessions has failed to make up for the slump in earnings, but the move to allow foreigners in small batches will still be a relief to the industry. “There will not be a huge economic impact from this as it still can’t compensate for the revenue lost, but it will help,” Somprawin Manprasert, chief economist at Bank of Ayudhya Pcl said. “This plan still targets a higher-spending group of foreign visitors which will not benefit tourism industry operators that have lower to mid-price points, who will still suffer.” The move to relax curbs on foreign tourists also follows Thailand’s relative success in containing the coronavirus outbreak. The nation went without a local transmission for 100 days before the virus-free run was ended early this month. Though Thailand was the first country outside China to report the deadly virus, its cumulative cases stand at 3,480 with most patients already discharged from hospitals. The reopening to foreign tourists may be risky, but it is a manageable risk worth taking, Bank of Thailand’s Senior Director Don Nakornthab wrote in an article on the central bank’s website. The country may be headed for a second straight year of contraction in 2021 if it continued to restrict foreign visitor arrivals, Don wrote......»»

Category: sportsSource:  abscbnRelated NewsSep 15th, 2020

Pandemic aggravates already high logistics costs

Logistics issues such as high transport and shipping costs even before the COVID-19 outbreak now present even bigger challenges as businesses resume phased operations with the easing of quarantine restrictions, according to a supply chain expert. Christine Pardiñas, Supply Chain Management Association of the Philippines (SCMAP) president, in an online presentation, said before the pandemic […] The post Pandemic aggravates already high logistics costs appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsJun 21st, 2020

Globe highlights essential role of e-commerce for MSMEs

Despite the gradual easing of quarantine protocols in most areas in the country, we still face the inevitable reality of what the new normal is. For Micro, Small & Medium Enterprises (MSME) entrepreneurs, the internet has become a primary platform to keep their businesses afloat in a time where most consumers are obliged to stay at home......»»

Category: techSource:  thestandardRelated NewsJun 10th, 2020

Public transport shortfall feared

Commuters should brace for a possible shortfall in transport services beginning tomorrow as more businesses reopen and more people are expected to go out with the easing of quarantine restrictions in Metro Manila and several other areas, Transportation Secretary Arthur Tugade said at a virtual press briefing yesterday......»»

Category: newsSource:  philstarRelated NewsMay 30th, 2020

RUSH, PayMongo offer zero transaction fees for SMEs

RUSH, the loyalty and e-commerce solutions provider under Globe’s 917Ventures, is waiving transaction fees for small and medium enterprises (SMEs) to help keep their businesses afloat following renewed lockdowns in the country......»»

Category: techSource:  thestandardRelated NewsAug 20th, 2021

Recognizing outstanding service in new normal

Great products keep customers interested, but it’s the excellent after-sales service that keeps them loyal. But with the lockdown restrictions of the past year and our interactions reduced to swipes, likes, emojis and digital gestures, the challenge for businesses was how to keep their customers satisfied and engaged despite the lack of physical interactions......»»

Category: techSource:  thestandardRelated NewsAug 10th, 2021

Delta variant dims global business outlook

Businesses all over the globe have returned to being pessimistic, with the rapid spread of the coronavirus Delta variant posing the greatest risk to recovery from the pandemic......»»

Category: financeSource:  philstarRelated NewsAug 9th, 2021

Factory output sustains triple-digit expansion

The country’s manufacturing output saw another massive rebound in June, registering three-digit gains for three consecutive months, largely due to low base effects and supported by the easing of quarantine restrictions during the period under review......»»

Category: financeSource:  philstarRelated NewsAug 6th, 2021

Coronavirus LIVE in Spain: Delta Edition, Last Minute | Placement of COVID Vaccine in Madrid, Andalusia…

Portugal begins easing restrictions due to advances in vaccination Portugal starts today Three-phase plan to progressively ease COVID restrictions through October An initiative of the.....»»

Category: newsSource:  thedailyguardianRelated NewsAug 2nd, 2021

Emperador shares sizzle as H1 profit soars 53%

Brandy giant Emperador Inc. saw profits soar in the first half, as easing global restrictions bolster alcohol consumption in all its markets......»»

Category: financeSource:  philstarRelated NewsJul 29th, 2021

Hyundai distributor posts 5% sales growth

The official distributor of Hyundai vehicles in the country posted a five percent growth in sales in June from the previous month, indicating increased economic activity with the easing of quarantine restrictions......»»

Category: financeSource:  philstarRelated NewsJul 20th, 2021

English pubs, clubs and shops rediscover lost freedoms

Thirsty punters, spendthrift shoppers and jubilant clubbers toasted England's "freedom day" easing of COVID restrictions on Monday, even as many others saw little to celebrate......»»

Category: newsSource:  thestandardRelated NewsJul 20th, 2021

Sydney tightens lockdown amid stubborn outbreak

Australian authorities ordered more businesses to close Saturday along with a slew of new restrictions in the country's largest city as a weeks-long lockdown failed to quash an outbreak of Covid-19......»»

Category: newsSource:  thestandardRelated NewsJul 19th, 2021