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PH Credit Rating Downgrade ‘Highly Unlikely’: BSP Chief

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno considers as “highly unlikely” any ratings downgrade for the Philippines after the domestic economy posted another growth contraction in the second quarter of 2020. “The sharp fall in Q2 GDP does not pose a danger to the Philippines strong macroeconomic fundamentals: relatively low debt-to-GDP ratio, one of […].....»»

Source: Metrocebu MetrocebuCategory: NewsAug 7th, 2020Related News

Robredo cites gov’t data showing COVID-19 response is not working

Vice President and opposition leader Leni Robredo on Sunday pointed at government data to prove her claim that it’s doing something wrong in its response to the coronavirus pandemic. Vice-President Leni Robredo (OVP / Facebook / FILE PHOTO / MANILA BULLETIN) “Iyong datos—at ang datos galing sa pamahalaan—iyong datos ang ating basehan kung bakit natin sinasabi na kung ano iyong ginagawa natin ngayon, hindi siya nagwo-work,” she said on her radio show. Robredo reiterated her call on the administration to reassess its policies and improve in areas where lapses have been committed following the request of frontline health workers to revive strict lockdowns in Metro Manila and its adjacent regions. The vice president said the medical community’s appeal for comprehensive strategy against COVID-19 is a valid request that should be seriously considered. “Iyong lahat na punto nila, halimbawa na lang sinasabi nila na ‘iyong ginagawa natin ngayon is not working.’ Iyon din iyong punto ko, eh. Na hindi working iyong ginagawa natin ngayon kasi pataas nga nang pataas iyong bilang,” she said. As of August 1, the Department of Health (DOH) reported 4,963 additional COVID-19 cases, bringing the total number of coronavirus infections in the country to 98,232. “Ito nga 98,000, validated lang dahil iyong for validation pa, kung hindi ako nagkakamali, nasa mga 37,000, 38,000 pa. Ito iyong discrepancy. So kapag dinagdag mo pa iyon, talagang unimaginable na iyong numbers natin,” she said. Robredo also cited the data from tracing czar Baguio City Mayor Benjamin Magalong that showed only four of over 600 local government units have contract tracing capability. For each positive COVID-19 case, only eight persons are being traced on the average instead of the standard of 37, she said.“Iyong ina-announce na so much number of contact tracers, na 52,000 yata—52,000 na iyong na-hire, pero ang sabi ng WHO, dapat ang ideal para sa atin 132,000 iyong ma-hire na contact tracers,” Robredo added.She said the Philippines is now conducting 30,000 tests for coronavirus per day, but she noted it took the government two months to meet its target daily testing capacity in May.The vice president said she was surprised with the “mass recovery adjustment” after the DOH reported a record-high in recoveries of COVID-19 patients at 38,075.Robredo asserted the DOH must inform the public before changing its data system. “Kung magpapalit ng definition, kung magpapalit ng protocols, baka mas maganda na ina-announce iyon sa tao bago makita iyong numero kasi talagang nagulat lahat. Tapos ang pinaka-mahirap, pagkatapos noong one-time-big-time na isang araw, the following day balik sa dati,” she said......»»

Source: Mb.com.ph Mb.com.phCategory: NewsAug 2nd, 2020Related News

Govt external financing exceeds $8B in Jan-June

The government’s external financing has surpassed $8 billion in the first half of 2020, the Bangko Sentral ng Pilipinas (BSP) revealed on Friday. Data provided by BSP Governor Benjamin Diokno showed that the government’s foreign loan proceeds reached $8.203 billion (over P403 billion) in January to June. Of the amount, $3.672 billion were commercial borrowings, […].....»»

Source: Manilatimes_net Manilatimes_netCategory: NewsAug 1st, 2020Related News

2 senior citizens, 2 others nabbed for playing mahjong

CEBU CITY, Philippines — Two senior citizens of Compostela town are among those arrested for illegal gambling after they were caught together with two others playing mahjong outside their homes in the town’s Barangay Cabadiangan at past 2 p.m. this Friday, July 31, 2020. Jose Romanillos, 75; and Benjamin Sugarol, 62; were arrested together with […] The post 2 senior citizens, 2 others nabbed for playing mahjong appeared first on Cebu Daily News......»»

Source: Inquirer InquirerCategory: NewsJul 31st, 2020Related News

Local Roundup: LGU tracing capability low

Baguio City Mayor Benjamin Magalong, the government’s contact tracing czar, said Thursday only 0.068 percent of local government units (LGUs) had an established contact-tracing capability, citing the results of a diagnostic survey......»»

Source: Thestandard ThestandardCategory: NewsJul 30th, 2020Related News

Abalos cleared of COVID-19

Former Commission on Elections chairman Benjamin Abalos Sr. has been discharged from the hospital after recovering from the coronavirus disease 2019 or COVID-19, according to his son and former Mandaluyong mayor Benhur Abalos......»»

Source: Philstar PhilstarCategory: NewsJul 30th, 2020Related News

SolGen, BSP chief among highest paid government execs

Solicitor General Jose Calida and Bangko Sentral ng Pilipinas Governor Benjamin Diokno were among the highest paid government officials in 2019, according to the latest report by the Commission on Audit......»»

Source: Philstar PhilstarCategory: NewsJul 30th, 2020Related News

Swoosh

BSP Governor Benjamin Diokno forecasts the Philippine economy will experience a swoosh-shaped recovery, the charts eventually resembling the logo of the Nike sports brand......»»

Source: Philstar PhilstarCategory: NewsJul 29th, 2020Related News

Vice Ganda, hindi pa sigurado sa 2020 MMFF

HINDI PA 100 percent sure kung sasali si Vice Ganda sa 2020 Metro Manila Film Festival (MMFF) ngayong December. Nasa planning stage pa lang daw kasi hanggang ngayon ang Praybeyt Benjamin 3 na balak i-produce ng Viva Films at Star Cinema. “Mayrong plan ang Viva at Star Cinema for this December, hindi pa lang napa-finalize […] The post Vice Ganda, hindi pa sigurado sa 2020 MMFF appeared first on Pinoy Parazzi......»»

Source: Pinoyparazzi PinoyparazziCategory: NewsJul 29th, 2020Related News

Magalong: Cebu City’s contact tracing improving

CEBU CITY, Philippines — Over three weeks since his visit to Cebu City to bring in his City’s best practices, Baguio City Mayor and contact tracing czar Benjamin Magalong said Cebu City’s contact tracing activities had relative improved. Magalong, speaking before a pre-event of the President Duterte’s State of the Nation Address (SONA) on Monday, […] The post Magalong: Cebu City’s contact tracing improving appeared first on Cebu Daily News......»»

Source: Inquirer InquirerCategory: NewsJul 27th, 2020Related News

New Anti-COVID czar Magalong to radically’ change PH contact tracing system

MANILA, Philippines – On his first day as the Philippines’ new coronavirus tracing chief Baguio Mayor Benjamin Magalong said on Monday, July 13, that the country’s contact tracing system, a crucial initiative in efforts to curb the outbreak, will “radically” change in its structure.  “Gusto ko lang pong ........»»

Source: Rappler RapplerCategory: NewsJul 26th, 2020Related News

Banks extend P71 billion loans to MSMEs during lockdown

Philippine banks granted and refinanced loans amounting to P71 billion to help micro, small, and medium enterprises survive the economic fallout from the global pandemic, according to Bangko Sentral ng PilipinasGovernor Benjamin Diokno......»»

Source: Philstar PhilstarCategory: FinanceJul 25th, 2020Related News

Erik Matti nagalit sa pagpasok ng ‘Praybeyt Benjamin’ sa MMFF 2020; fans ni Vice umalma

BASAG na basag si Vice Ganda sa patutsada ng direktor na si Erik Matti sa pagpasok ng “Praybeyt Benjamin” sa 2020 Metro Manila Film Festival. Pero kasabay nito, “sinunog” din siya nang bonggang-bongga ng mga tagasuporta ng TV host-comedian at tinawag pang bitter at inggitero. Hindi aprub kay Direk Erik ang pagkakapili ng Selection Committee […] The post Erik Matti nagalit sa pagpasok ng ‘Praybeyt Benjamin’ sa MMFF 2020; fans ni Vice umalma appeared first on Bandera......»»

Source: Inquirer InquirerCategory: NewsJul 22nd, 2020Related News

‘Praybeyt Benjamin 3’ ni Vice sa MMFF 2020 hindi na pwede sa bata

  PASOK na bilang isa sa mga official entry ng 2020 Metro Manila Film Festival sa December ang pelikula ni Vice Ganda. Kasama sa in-announce ng MMFF Executive Committee ang “Praybeyt Benjamin 3” ni Vice produced by Viva Films and Star Cinema sa first Magic 4 ng taunang filmfest. Taun-taon ang inaabangan talaga ng fans […] The post ‘Praybeyt Benjamin 3’ ni Vice sa MMFF 2020 hindi na pwede sa bata appeared first on Bandera......»»

Source: Inquirer InquirerCategory: NewsJul 21st, 2020Related News

Boy, 8, drowns in Negros river

BY GLAZYL MASCULINO     BACOLOD CITY – An eight-year-old boy who was reported missing on Sunday was found dead the following day under a bridge of Luguay river in Barangay 3, Himamaylan City, Negros Occidental. Philippine Coast Guard – Negros Occidental head Cmndr. Jansen Benjamin identified the fatality as Jerome Guguan. Benjamin said Guguan went […].....»»

Source: Tempo TempoCategory: NewsJul 20th, 2020Related News

Ex-Comelec chief Abalos gets virus

Former Commission on Elections chairman Benjamin Abalos Sr. and his wife, Corazon, have contracted the coronavirus disease 2019 or COVID-19, Mandaluyong Mayor Menchie Abalos announced yesterday......»»

Source: Philstar PhilstarCategory: NewsJul 18th, 2020Related News

Ex-Comelec chair Abalos, wife positive for COVID-19

Mandaluyong City Mayor Menchie Abalos on Friday revealed that her father-in-law – former Commission on Elections (Comelec) chairman Benjamin Abalos – and his wife have tested positive for the coronavirus disease 2019 (COVID-19). In a statement, Abalos said that the that the results of her in-laws’ tests were released Friday morning, adding that said the […] The post Ex-Comelec chair Abalos, wife positive for COVID-19 appeared first on Daily Tribune......»»

Source: Tribune TribuneCategory: NewsJul 17th, 2020Related News

LIST: Celebrity suicides in the past decade

After reports of the apparent suicide of Benjamin Keough – Lisa Marie Presley’s son and grandson of “The King” Elvis Presley – the public has once again made aware why depression is a grim predicament that occurs widely without choosing any status. Depression – a mental-emotional connection – is often a potential driving factor to […] The post LIST: Celebrity suicides in the past decade appeared first on Daily Tribune......»»

Source: Tribune TribuneCategory: NewsJul 13th, 2020Related News

Baguio remains closed to tourists

Reacting to reports that some tour agencies are now accepting reservations, Mayor Benjamin Magalong clarified yesterday that the city remains closed to tourists......»»

Source: Philstar PhilstarCategory: NewsJul 10th, 2020Related News

Winners in Everyday Heroes contest

From seven to 19 to finally, 27. The Benjamin Canlas Courage To Be Kind Foundation initially thought of choosing seven winners for Ben’s Grant-A-Wish contest to discover “Everyday Heroes” in this pandemic......»»

Source: Philstar PhilstarCategory: SportsJul 9th, 2020Related News