The country must endeavour to produce more than enough for each of the major agriculture commodities to be entirely food secured.
Category: Business
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Philippines to ‘prepare for the worst’ with new COVID variants: Duterte
PHL President Duterte ensured that his administration is exhausting all efforts to defeat Covid-19.
“We continue to prepare and we calibrate our preparedness in accordance with each propagation,” he said.
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Conservatives OK to have used CBC footage in election attack ads, court rules
The broadcaster, CBC, had also failed to show it suffered any actual harm, the judge said. Hypotheticals, he said, didn’t cut it.
"Fear and speculation cannot ground a finding of unfairness.”
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Greyhound Canada to cut all routes, end operations
“Private carriers are relying on the farebox revenue to maintain these rural routes,” Kendrick said. “When ridership declines, we have a decision to make. We either cut the frequency, exit the rural markets or look for some help.”
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Health care providers, advocates cry foul over stalled action on pharmacare
“They continue to tell Canadians that they believe in pharmacare, yet opportunity after opportunity after opportunity to act on that promise passes.” NDP health critic Don Davies said he worries Canadians are increasingly becoming cynical about politicians who promise things, such as pharmacare, during elections and then don’t follow through.
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Federal government unlocks $740 million in airport relief
The aviation industry has been among the hardest-hit sectors during the COVID-19 pandemic, with profits and passenger numbers plummeting amid travel restrictions and border shutdowns.
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Boost in near-term funds, risk should lure more social-finance investors, Hussen says
Last month’s federal budget outlined a pledge to boost near-term spending for groups to partner with a private investor and test ways of delivering services like skills training.
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Philippines improves in Ease of Doing Business world report
The 2020 World Bank – Doing Business Report showed the Philippines ranked 95th out of 190 economies with a score of 62.8, jumping 29 notches from no. 124 and a score of 57.68 in 2019.
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Philippines won’t default on foreign debt despite pandemic
Before the pandemic wreaked havoc globally, the government’s budget gap “was modest”, the “revenue base has been expanded with a series of new tax laws and improved revenue administration” and “the quality of expenditures has improved with a focus on infrastructure spending and investment in human capital.”
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Economy lost 207,000 jobs in April, unemployment rate rises, Statistics Canada says
OTTAWA — Canada’s labour market lost 207,000 jobs last month as a spike in COVID-19 variant cases led to renewed public health restrictions and raised concerns about longer-term economic consequences from the pandemic. The unemployment rate rose to 8.1 per cent from 7.5 per cent in March, Statistics Canada reported. It would have been 10.5...