Showing posts with label news. Show all posts
Showing posts with label news. Show all posts

Thursday, December 19, 2024

Coronavirus Lockdown: Cookies, Better Off, and More!

More news about how the COVID-19 pandemic in the Philippines is being handled by the public and the government.

Filipinos are so resilient that 1 in 2 feel better off than before the pandemic. That is a higher average than any other country in the world. 

Almost half or 49 percent of Filipinos say they are better off economically than they were before the pandemic, reflecting a positive sentiment that is higher than the global average of 33 percent.

This is one of the findings of the report entitled “Cost of Living Monitor” by market research company Ipsos which covered 32 countries, including the Philippines, to examine how the public feel about their finances and the economy.

The study involved online interviews of 22,720 respondents, 500 of whom are from the Philippines. Data were collected between Oct. 25 and Nov. 8, 2024.

Findings show that 17 percent of Filipino respondents said they are “much better off” and 32 percent said they are “a little better off.”

Also, 25 percent said they were “neither better nor worse off,” 17 percent said they are “a little worse off,” and 7 percent said they are “much worse off.”

“Thirty-seven percent across 32 countries say they are worse off than before the pandemic, and this figure rises to 43 percent for G7 countries,” a statement from the company said.

Despite the much better view in the Philippines, 80 percent of Filipino respondents said they expect the inflation rate to rise over the next year.

“Two-thirds (65 percent) think the rate of inflation will increase in their country in the next 12 months. This figure is up seven percentage points since April and this is the highest figure we’ve recorded since November 2022,” the company said, citing the less pessimistic global sentiment.

However the same survey says 80% of Filipinos believe inflation will rise over next year. Seems that resilient happy attitude is just a cover. 

Everyone knows the lockdowns destroyed the economy.  Especially the economic managers who are predicting slow growth to continue.

https://www.bworldonline.com/top-stories/2024/12/13/641350/slowing-philippine-growth-may-continue-next-year/

PHILIPPINE ECONOMIC growth could weaken further next year, falling short of the government’s target amid an incomplete post-coronavirus disease 2019 (COVID-19) fiscal consolidation and still high interest rates, analysts said.

Pantheon Macroeconomics in its Emerging Asia Outlook report said it expects a “continued slowdown” in growth next year. It expects the economy to grow 5.4% this year and slow to 5.2% in 2025.

These are both well below the government’s 6-6.5% and 6-8% targets for 2024 and 2025, respectively.

The Philippine economy grew 5.2% in the third quarter, weaker-than-expected and the slowest in five quarters.

“Surveys show that a slowing rebuild of household savings in the Philippines from COVID and a cost-of-living crisis damage cushioned the slump in consumption growth this year, albeit at the likely expense of delaying a real recovery in GDP (gross domestic product) growth,” Pantheon said.

It added that the country’s economic output would “remain hampered by incomplete post-COVID fiscal consolidation and historically tight monetary policy.”

ANZ Research in its latest quarterly report said it expects economic growth to slow to 5.6% in 2025 from 5.7% this year. It said its outlook for 2025 is “downbeat, complicated by the lack of domestic growth catalysts amid fading exports.”

Consumer confidence has remained static and below pre-pandemic levels in most economies in Asia, it pointed out.

“Consumer surveys in both Indonesia and the Philippines suggest a fall in household savings over the last few years.”

The Institute of International Finance said it expects Philippine growth to average 5.8% this year and in 2025.

“Countries that are more reliant on dollar financing such as Malaysia, Korea and the Philippines are likely to face increased pressure from a strong US dollar and ‘higher-for-longer’ US Fed Funds policy rate,” it said.

The peso sank to the P59-a-dollar level twice last month, hitting a record low on Nov. 21 and Nov. 26.

“The Philippines, in particular, stands out due to its higher external financing needs, given its larger twin current account and fiscal deficits,” the institute said.

Meanwhile, both Pantheon and ANZ expect inflation to settle at 3.2% this year, compared with the Bangko Sentral ng Pilipinas’ (BSP) 3.1% estimate.

The central bank is also expected to continue its rate-cutting cycle next year. ANZ expects the policy rate to end at 5.75% this year and 5% by end-2025.

“Real rates are likely to stay elevated in Indonesia, South Korea and the Philippines where 50-to-100-basis-point (bp) rate cuts are likely in 2025,” it said.

“The efficacy of rate cuts in Indonesia and the Philippines will be limited by the need to rebuild household savings,” it added.

Pantheon also expects the key rate to end at 5.75% this year but sees it falling further to 4.75% by the end of next year.

The Philippine central bank started its easing cycle in August with a 25-bp rate cut. It delivered another 25-bp cut in October, bringing the key rate to 6%.

The Monetary Board will hold its final policy review of the year on Dec. 19.

BSP Governor Eli M. Remolona, Jr. earlier signaled the possibility of another 25-bp cut at the meeting.

If everything in that analysis is true (a slowing rebuild of household savings in the Philippines from COVID and a cost-of-living crisis damage cushioned the slump in consumption growth this year, albeit at the likely expense of delaying a real recovery in GDP growth) then why do 1 in 2 Filipinos think they are better off now than before the pandemic?

Medical inflation is predicted to rise next year as well. 

http://www.asiainsurancereview.com/News/View-NewsLetter-Article/id/90313/type/eDaily

The health maintenance organisation (HMO) sector in the Philippines chalked up losses of PHP4.269bn ($75m) in 2023, nearly triple the losses of PHP1.433bn in 2022, due to a substantial increase in claims and benefits paid, says a report released by WTW, a leading global advisory, broking and solutions company.

WTW, in its Global Medical Trends Survey report, states that medical claims frequency has significantly rebounded, now surpassing the pre-pandemic levels of 2019, with the cost per claim rising primarily due to higher costs of medical services and procedures.

In response to the increased losses, the HMO sector has adjusted its pricing assumptions annually to address the continuous increase in utilization trends, with 15% to 18% medical inflation assumptions over the past three years. Factors affecting medical inflation include rising hospital and clinic costs, increased professional fees and a higher frequency of diseases.

Although reports indicate that HMOs are recovering in the first half of 2024, ongoing negotiations between two HMO associations and various doctor groups regarding a potential 80% to 150% increase in professional fees are still driving the projected double-digit medical inflation for 2025.

The Department of Tourism has been hopeful about arrivals returning to pre-pandemic levels but now their timeline has shifted to 2027.

https://bilyonaryo.com/2024/12/16/struggling-recovery-visitor-arrivals-to-the-philippines-return-to-pre-pandemic-levels-by-2027/travel/

The Philippines will likely fall short of its tourism target, with visitor arrivals expected to return to pre-pandemic levels only by 2027 at the earliest, due to the slow recovery in travelers from China—a key source of tourists—according to Leechiu Property Consultants.

“Pre-pandemic arrivals are still somewhat distant from today’s levels,” said Alfred Lay, director for hotel, tourism, and leisure. “We expect full recovery to be in 2027. We were hoping it would happen a little earlier.”

Citing the slow recovery in China’s travel market, Lay said the Philippines will likely see a tempered 10% annual growth in tourist arrivals from around 6 million this year through 2028, when he expects 8.5 million arrivals. He estimates 7.8 million arrivals in 2027, far below the government’s 12 million target.

“COVID has cost us eight years of tourism growth,” Lay said. “Without COVID, we may have already surpassed the 10 million mark. But unfortunately, that is not the case, and many countries across Southeast Asia are still battling just to return to pre-COVID levels.”

Even with arrivals from South Korea and other major markets continuing to increase, Lay estimates that the earliest the country will see a return to pre-pandemic traffic of 8.2 million visitors will be between 2027 and 2028, assuming traffic from China remains subdued.

The decline in Chinese tourist arrivals—from 1 million in 2019 to fewer than 244,000 in 2024—”remains a significant challenge, and other source markets have yet to fully compensate for this shortfall,” Lay said.

Nevertheless, confidence in the Philippine hospitality sector remains high, with continued government and private sector investment in the industry in anticipation of an eventual recovery to pre-pandemic levels, Lay added.

The privatization and expansion of airports, the VAT refund system for foreign tourists, and the opening of new hotels and resorts “underscore this optimism, setting the stage for a promising 2025,” he said.

Interesting that China is the main source of tourist arrivals. Why is the DOT wasting time wooing Europe when they should be wooing back the Chinese?

The DepEd budget has been cut and teachers are saying this "will widen the digital divide among students and exacerbate the learning crisis following the COVID-19 pandemic." 

https://www.philstar.com/headlines/2024/12/14/2407248/deped-chief-teachers-decry-p12-billion-budget-cut/amp/

Department of Education Secretary Sonny Angara and teachers’ groups have decried Congress’ decision to cut the DepEd’s 2025 budget by P12 billion.

“Sad to learn that both houses of Congress have decided to decrease by P12 billion the budget the President proposed for DepEd for 2025. This reverses a trend in recent years where Congress added even more to the education budget, save for one year during the pandemic,” Angara on Thursday posted on X, formerly Twitter.

The bicameral conference committee on Wednesday reduced to P737 billion, from P748.65 billion, the DepEd’s 2025 funding allocation in the reconciled version of the General Appropriations Bill (GAB).

Of the amount cut, P10 billion will be slashed from the DepEd’s computerization program, which aims to provide public schools with gadgets, equipment, software and training for teachers and students.

“Infrastructure is important, but so is investing in our people and human capital. The digital divide will widen,” Angara lamented.

“Those who do not have computers will find it hard to catch up,” he said yesterday on the sidelines of his visit to public schools in Iloilo City.

The DepEd will explore partnerships with the private sector and non-government organizations to provide technology to public schools, Angara said.

Of the P6.352-trillion national budget for 2025, P1.1 trillion will be allocated to the Department of Public Works and Highways.

“Investing in infrastructure is very important, that’s why we have increased the funds of different agencies in relation to this,” Sen. Grace Poe said in her sponsorship speech before the bicam approved the GAB’s reconciled version.

Poe pointed out that despite the budget cut, the DepEd’s 2025 budget increased from this year’s P715.3 billion.

The utilization rate of the computerization program is at 50 percent in 2023 and 11.92 percent as of June 2024, Poe said, citing the Commission on Audit report.

The DepEd budget for teaching supplies allowance has been doubled, from P4.825 billion in 2024 to P9.948 billion next year, she noted.

The Teachers’ Dignity Coalition said the budget cut will widen the digital divide among students and exacerbate the learning crisis following the COVID-19 pandemic.

How much time and money will it take for "the learning crisis following the COVID-19 pandemic" to be fixed?

Jewelry is now at the forefront of revenge spending in the Philippines. 

https://www.philstar.com/lifestyle/business-life/2024/12/13/2407119/jewelry-forefront-revenge-spending-expected-grow-pawnshop-chain/amp/

Before the COVID-19 pandemic, people were scared to send their jewelry, gadgets and other valuables via courier services — but times have changed.

“Ngayon nga, ni-Lalamove, dini-DHL ang alahas. Dati hindi, ‘di ba? Dati, takot ang mga customers. So nag-change na talaga ang kanilang behavior,” Sheila Shalduga, Palawan Group of Companies Chief Commercial Officer, recalled an instance of how much consumer behavior has changed since the pandemic.

Likewise, according to her, people nowadays are more confident in buying jewelry online, resulting in a spike in jewelry sales.

Jewelry is really one of the industries that really boomed during the pandemic and especially after. So isa ‘to sa mga tinatawag na ‘revenge spending’ categories. When consumers couldn’t go out, they decided to invest in jewelry. And even if you look at our internal sales, our jewelry business grew significantly, especially after the pandemic,” she declared at the company’s recent media conference for the launch of their new Palawan Gold bars and jewelry collection.

She noted that the jewelry market has been experiencing a double-digit growth and is expected to grow by 2026, at around 15 to 20%, depending on the source.

“This is an indication that customers now… understand that buying jewelry, buying gold is a good investment because they can rely on it in times of need.”

Carlo Castro, the company’s President and Chief Executive Officer, attested that jewelry spending during and post-pandemic has been so high, it crushed notions that people did not have money during those times.

“Even during the lockdown, we were surprised, ang daming bumibili ng alahas… and even post-pandemic,” he shared.

Bobby Castro, the company’s chairman, revealed that jewelry sales now plays a significant role in their company’s expansion into more branches and product categories, such as the new Palawan Gold bars and jewelry.

“Alam n’yo ba kung ilan ang nareremata lang? Akala kasi ng iba, ang pawnshop kumikita sa nareremata, pero actually, hindi. In our case, foreclosure is about four percent, so meaning, 96% ng mga isinasangla ay tinutubos. And ‘yung 4% na ‘yun, part ng nareremata, nililinis lang namin then ibinibenta ulit as jewelry,” he disclosed.

Shalduga affirmed that jewelry expenditures would continue to rise due to online selling.

“This is one of the things that changed sa habits ng mga customers during the pandemic na pagbili (ng alahas) sa online. Live-selling – kahit sa’n ka tumingin, may live-selling ng alahas.”

So, it's less about buying jewelry and more investing in gold. 

Another business which began during the pandemic is now a success with a real storefront. 

https://lifestyle.inquirer.net/526097/the-cookies-that-can-change-the-world

In 2020, as the world was gripped by the stillness of lockdowns, Jmie Icasas found herself in a situation all too familiar to many—searching for clarity amid uncertainty. Luckily for Icasas, it came in the form of a chocolate chip cookie. 

A weeklong cooking challenge with her sisters led her to bake what she would later call her “OG Chocolate Chip Cookie.” Little did she know, this simple act of baking would sow the seeds of The Kind Cookie, a business that would become synonymous with kindness, passion, and community.

Humble beginnings would describe the early days of The Kind Cookie,  a small Instagram operation where Icasas delivered cookies in Ziploc bags with handwritten notes. However, this soon blossomed into a thriving business with a physical store in Salcedo Village. This is not only proof of her entrepreneurial grit but also a celebration of the community and values that have fueled her journey.

“I wasn’t even looking for a storefront,” Icasas says with a laugh. “I just wanted a bigger kitchen. But when I found this space, it felt like the universe was telling me it was time to take the leap.”

Beyond a quaint little cookie shop, The Kind Cookie reflects Icasas’ belief in the power of small acts of kindness, and what it truly means to make a difference. 

The pandemic was an unlikely catalyst for Icasas’ entrepreneurial journey. In the quiet days of the lockdown, she found solace in her kitchen as she experimented with recipes and shared her creations with friends and family. “Like most people, we were stuck at home, not knowing when life would go back to normal,” she recalls. “That’s when I baked the cookie that started it all.”

Her decision to turn this hobby into a business was driven by a combination of encouragement from loved ones and a desire to do something meaningful during an uncertain time. 

However, launching a business amid a pandemic came with its fair share of challenges. “Everybody, as in everybody, started baking from home and creating some sort of online business,” she explains. “The competition was tough, and I had to figure out how to stand out with very limited resources.”

One way she distinguished herself was by sharing her journey on TikTok, where her authenticity and behind-the-scenes glimpses resonated with audiences. “People love seeing the real side of a business,” she says. “That’s when I learned how powerful storytelling can be.”

While the pandemic played a role in shaping her path, it was not the sole catalyst for Icasas’ baking journey. “I grew up in the kitchen,” she shares. “Baking with my grandparents and experimenting with recipes as a child are some of my happiest memories.”

This lifelong love for baking naturally evolved into a purpose-driven endeavor. “From the start, I knew The Kind Cookie had to be about more than just selling cookies,” she explains. “It was about spreading kindness and showing people that small acts can have a big impact.”

It is a feel-good story we have heard many times. Surely she is better off now than before the pandemic. 

Thursday, December 12, 2024

Coronavirus Lockdown: Marcos Seeks WHO Help, Wasted COVID-19 Vaccines, and More!

More news about how the COVID-19 pandemic in the Philippines is being handled by the public and the government.

The DOH has been flagged over billions of pesos worth of expired drugs and COVID-19 vaccines. 

https://www.philstar.com/headlines/2024/12/05/2405095/doh-flagged-over-p112-billionexpired-drugs-covid-19-vax

The Commission on Audit (COA) has flagged the Department of Health (DOH) over P11.2 billion worth of medicines, medical supplies as well as COVID-19 vaccines found expired in its warehouses and health facilities last year.

“Drugs, medicines and medical supplies amounting to P11,186,368,902.47, which include 7,035,161 vials of COVID-19 vaccines, expired in the DOH warehouses and health facilities without being utilized due to inadequate procurement planning and poor distribution and monitoring systems, which resulted in wastage of government funds and resources,” the COA said in its 2023 annual audit report on the DOH.

The audit body said this was on top of P65.444 million in “nearly expiring inventories” found “unutilized and undistributed” in DOH offices and health facilities as of Dec. 31 last year.

State auditors noted that these nearly expiring drugs and medicines, which remained under the DOH inventories, have a shelf life of less than one year, thus exposing government funds to another possible wastage.

The audit breakdown showed that the DOH Central Office (CO) was responsible for the bulk of the expired inventories amounting to P11.1 billion, composed of 6,754,724 vials of expired COVID-19 vaccines and 24,539 bags of donated dialysis solution.

As for the expired COVID-19 vaccines under the DOH CO’s custody, 5,428,915 vials were procured by the government while 1,325,809 vials were received as donations.

The COA said the expiration of these huge sums of vaccines exposed the DOH’s “inability to safeguard, manage and utilize health funds and resources economically and effectively.”

“Further, this condition had entailed storage and manpower costs, which could have aided the government in rendering other priority services,” the COA added.

As for the expired dialysis solution bags, the audit body noted that the items were still received by the DOH CO even if they have less than one and a half years “before expiration,” also referred to as shelf life.

As a result, most of the intended recipient hospitals and facilities refused to accept the items due to “lack of storage space” and because they can no longer utilize the solutions, according to the COA.

It said this contravened the DOH’s own guidelines, under its Administrative Order 9-B series of 1998, which states that for the acceptance of drugs, medicines, reagents and other medical supplies, the expiration date “should not be less than two years from the date of manufacture and not less than one and a half years from the date of delivery.”

Other health facilities identified in the audit report with expired inventories were the Dr. Jose N. Rodriguez Memorial Hospital and Sanitarium in Caloocan City amounting to P15.974 million; Davao Center for Health Development (P5.272 million); the DOH’s Center for Health Development I (P5.245 million); Region II Trauma and Medical Center in Bayombong, Nueva Vizcaya (P4.989 million); Ilocos Training and Regional Medical Center in La Union (P4.678 million); Southern Isabela Medical Center in Santiago, Isabela (P3.243 million); Mariano Marcos Memorial Hospital and Medical Center in Ilocos Norte (P2.667 million); Valenzuela Medical Center (P1.755 million); Corazon Locsin Montelibano Memorial Regional Hospital in Bacolod City (P1.463 million) and Region 1 Medical Center in Dagupan, Pangasinan (P716,738).

The COA said the expiration of these huge sums of vaccines exposed the DOH’s “inability to safeguard, manage and utilize health funds and resources economically and effectively.” An incompetent government bureaucracy? How shocking.

The DOH defended themselves by saying "It was an emergency."


https://newsinfo.inquirer.net/2012817/doh-defends-purchase-of-wasted-covid-19-vaccines-it-was-an-emergency

The Department of Health (DOH) defended on Thursday the procurement of millions of doses of COVID-19 vaccines that eventually went to waste, saying it was done to save lives during a global emergency.

“The COVID-19 vaccination exercise did not have the benefit of years of planning and preparation like other routine and established vaccination programs. It was an emergency, a matter of life and death,” the DOH said in a statement.

When the pandemic struck, the Philippines, like other countries at the time, “decided to procure more COVID-19 vaccines available for all Filipinos at the soonest possible time, than none at all,” it added.

“Even as the national government advised all concerned that it would be procuring for all Filipinos, some local government units and private sector entities insisted on procuring their own vaccines,” the DOH said.

In addition, the country also received millions of vaccine donations from the Covax facility and bilateral channels (i.e., country-to-country), it noted.

The DOH statement was in reaction to a Commission on Audit (COA) report that flagged the agency for wasting over P11 billion worth of drugs, medicines and medical supplies, including over seven million vials of COVID-19 vaccines, that expired in 2023.

That does not explain other expired drugs. In fact it does not explain anything. But it does further reveal their incompetence.

Rep. Janet Garin says the issue is weak leadership with in the DOH.


https://mb.com.ph/2024/12/8/garin-blames-duterte-era-doh-chief

The Department of Health (DOH) chief during the previous Duterte administration is to blame for the unutilized expired vaccines that cost billions of pesos.

Thus, said House Deputy Majority Leader Iloilo 1st district Rep. Janette Garin, who didn't mention any names. 

(What took place and what COA found out was the result of weak leadership at the DOH during the previous administration.)

COA earlier released a report that over P11 billion worth of unused drugs, medicines, and medical supplies were left to expire. This included 7,035,161 vials of life-saving Covid-19 vaccines.

(It's the obligation of the program director, whoever that may be, to tap the vaccines for use once they are bought and to monitor it.)

The lady solon reckoned that program directors who cannot properly monitor and distribute these medical resources should be removed from their post.

(The implementing department of the DOH must have accountability with it. There should be close coordination on the immediate use of medicines upon purchase, so as to avoid the rush to implement the program when they are already nearing expiration.)

Previously, Garin questioned incumbent DOH Secretary Ted Herbosa for the lack of vaccines, which led to the death of some individuals.

(A lot people are now dying of pertussis, and yet you're always stocked out of the vaccine. A lots of people should be dewormed, and yet you have a lot of expired praziquantel. You purchase a lot of medicines but end up burying them because they end up expired.)

In 2023, the COA also reported that DOH’s stock of medicines and other inventories amounted to P7.43 billion. This amount included medicines that were damaged, nearing their expiration date, or have already expired. 

It's just another peek behind the curtain at this corrupt agency. 

President Marcos wants the World Health Organization to help the Philippines learn post-pandemic lessons. 

https://www.philstar.com/headlines/2024/12/08/2405755/marcos-seeks-who-help-philippines-health-system-improvement

President Marcos seeks increased collaboration with the World Health Organization (WHO) in improving the country’s health system after the COVID-19 pandemic.

He told WHO regional director for the Western Pacific Dr. Saia Ma’u Piukala, who paid a courtesy call on Marcos at Malacañang on Friday, that the country is doing all it can to improve the health system of the country post-COVID-19.

“I’m sure (Health) Secretary Ted (Herbosa) has explained to you what the Philippines has been trying to do, especially post-pandemic lessons learned. So, whatever guidance that the WHO can provide us is something that we will certainly welcome,” Marcos said.

Piukala, who assumed office on Feb. 1, leads the WHO Western Pacific regional office in its work with governments and partners across the region to enhance their health outcomes and ensure the safety of the region’s population.

The Marcos administration is pushing for the passage of a bill seeking to establish the Virology and Vaccine Institute of the Philippines to allow the country to respond more quickly to emerging diseases.

The measure was approved on third and final reading by the House of Representatives in December 2022. The Senate has yet to pass a counterpart measure.

The emergence of SARS-CoV-2, a novel strain of coronavirus that first appeared in 2019, brought attention to the necessity for virology research and development capabilities in the country.

Surely The WHO can sort out the DOH. Right?

A preist-scientist has been recognised for his research that shaped the country’s vaccine distribution strategy during the Covid-19 pandemic.

https://varsitarian.net/sci-tech/20241210/usts-austriaco-feted-for-covid-19-vaccine-research-that-shaped-govt-rollout-strategy-ust

A THOMASIAN priest-scientist has been recognized by the National Research Council of the Philippines (NRCP) for his research that shaped the country’s vaccine distribution strategy during the Covid-19 pandemic.

Fr. Nicanor Austriaco, O.P., a biological sciences and sacred theology professor at UST, received the 2024 NRCP Gabay Award, which honors council members whose “research works have resulted or translated to adopted technologies and policies; or have informed local and national policy-making.”

His vaccine distribution study used mathematical modeling to incorporate vaccination rates and predict outcomes of various strategies, influencing the Philippines’ vaccine allocation approach during the pandemic.

“Here in the Philippines, my research team and I were able to do mathematical modeling to try to help our government figure out the best strategy to implement with regards to vaccine distribution,” he told the Varsitarian.

It found that more than 80% of vaccine supply should be allocated to Metro Manila and neighboring provinces to maximize limited vaccine resources. These areas were identified as the most populous and highest-density zones, making them high-risk for virus transmission.

The Department of Health (DOH) adopted the model in 2021 as its framework for vaccine distribution and called the cluster of regions “NCR Plus 8.” The strategy prioritized Metro Manila, Bulacan, Rizal, Cavite, Laguna, Pampanga, Metro Cebu, and Metro Davao.

According to Austriaco, the research exemplified “science for the poor, science for the people, (and) science for the Philippine nation.”

“Science is hard, especially during the pandemic, but with God’s grace, people were willing to work with each other to try to find innovative and creative solutions to help our kababayan, especially our poorest kababayan,” Austriaco said. 

Other scientists from the University of the Philippines Diliman and Providence College in Rhode Island, USA co-wrote the study.

Austriaco was a fellow of the OCTA Research Team, an independent advisory group that began studying the pandemic in April 2020 using data from the DOH. The group provided projections on Covid-19 cases, offered recommendations regarding the government’s community quarantine measures, and conducted opinion poll surveys.

Austriaco also gained attention during the pandemic for his “Project Pag-asa,” which focused on exploring the potential of yeast as a more cost-effective and efficient vaccine delivery system.

The award was given to Austriaco during the NRCP’s 91st general assembly and annual scientific conference on Dec. 6 at the Philippine International Convention Center in Pasay.

His research is useless if the DOH allows vaccines to go to waste. 

Thursday, December 5, 2024

Coronavirus Lockdown: Debt-to-GDP Ratio Unlikely to Return to Pre-Pandemic Levels, Museo Pambata, and More!

More news about how the COVID-19 pandemic in the Philippines is being handled by the public and the government.

The Bureau of the Treasury says the Philippines' debt-toGDP ratio is unlikely to return to pre-pandemic levels. 

https://www.bworldonline.com/top-stories/2024/11/29/638196/debt-to-gdp-ratio-unlikely-to-return-to-pre-pandemic-level/

THE PHILIPPINES’ debt-to-gross domestic product (GDP) ratio is unlikely to return to the pre-pandemic level as debt remains elevated in the medium term, the Bureau of the Treasury (BTr) said.

But the National Government’s (NG) medium-term fiscal consolidation plan will make sure it can continue to invest in its economic priorities while keeping debt obligations sustainable, the BTr added.

“It should also be said that an aggressive return to the pre-pandemic debt-to-GDP ratio of 39.6% is technically and politically infeasible,” BTr said in its annual report released on Nov. 27.

The Treasury said this would require a “more dramatic” fiscal adjustment where the government should have consistent budgetary surpluses.

But this approach would deprive the country of the needed public investments, it added.

The NG’s debt-to-GDP ratio stood at 61.3% at the end of September, higher than the year-earlier 60.2%.

This is still above the 60% threshold deemed by multilateral lenders as manageable for developing economies.

The government seeks to bring this down to 60.6% by the end of 2024, and below 60% by 2028.

Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said the government incurs “relatively wider budget deficits” as it requires additional government borrowings that increase the outstanding debt.

“Faster GDP (gross domestic product) growth would also been an essential element to bring down the ratio below the 60% international threshold,” Mr. Ricafort said.

Mr. Ricafort said new tax and fiscal reform measures are needed to further narrow the budget deficit.

As of end-September, the deficit-to-GDP ratio stood at 5.14%, well below the 5.6% target for 2024.

“While debt-to-GDP will remain elevated compared with historical levels, the strong and sustained economic growth of 5.6%, coupled with steady reduction in budgetary deficits and a favorable negative real effective interest rate of 1.3% on the NG’s issuances will drive support for debt sustainability,” the Treasury said.

That's the result of all the borrowing which was done during the pandemic. 

MakeSense Asia is one of the winners of the 2024 Le Trophee Bleu Business Sustainability Award. This is in no small part to its RISE for Youth Initiative which helps address youth unemployment.

MakeSense Asia is one of the winners of the 2024 Le Trophee Bleu Business Sustainability Award. The non-profit organization earned the recognition in the Sustainable Excellence in SME category from the French business community in the country, CCI France Philippines, for its unique program of empowering the youth to sustain themselves and the planet at the same time.

On the website of MakeSense Asia is a job board where jobseekers can find employment related to the 17 Sustainable Development Goals (SDG) of the United Nations. For example, it lists renewable energy companies or an enterprise that transforms recovered textile waste into wearable products. There are also career opportunities from the Salvation Army and Doctors Without Borders.

“If I talk about what MakeSense does, our goal is very simple: to have every actor in society, every person involved in creating social or environmental impact. And to give you an example of any actor, it really means anyone. We believe that anyone can be someone who creates change,” Carlos Hechenova, director for development of MakeSense Asia, said.

MakeSense Asia primarily focuses on climate action, social entrepreneurship and youth empowerment.

Its climate programs focus on renewable energy, circular economy practices with local government units (LGUs) and private sectors, and combating single-use plastics. It also offers support to startups of budding changemakers.

What eventually clinched the award for MakeSense was its RISEForYouth initiative.

RISE is short for Reducing Inequalities and Skills Employment. It emerged at the height of the Covid-19 pandemic to address rising youth unemployment. The program targets underserved youth, including those who age out of orphanages, live below the poverty line, or face barriers like early parenthood.

“These are young people left to their own devices, without access to decent jobs,” explained Angeli Recella, MakeSense Asia’s co-executive director.

Hechanova recalled the grim unemployment statistics during the pandemic.

“It was really bad,” he said. “Youth unemployment was even worse compared to the general rate because the sectors hardest hit — hotels and food services — were where most young people were employed.”

To bridge the gap, MakeSense Asia focused on equipping the youth with the tools they needed to reenter the workforce. Over one million young individuals gained access to free resources, while job fairs, resume-building workshops and mock interviews prepared them to be hired.

From upskilling beneficiaries in soft and hard skills, to assisting with documentation, to curating job fairs that result in on-the-spot hires, MakeSense Asia ensures no one is left behind.

The group organizes in-person job fairs across Luzon and Visayas, connecting thousands of young people to decent jobs, including hundred who are hired on the spot.

But their ultimate vision? To become obsolete.

“That’s the ideal world,” said Recella. “A world where organizations like ours aren’t needed because systems are already in place to ensure equality and opportunity for everyone.”

Until then, MakeSense Asia continues to lead with one mission: to transform lives and ensure that every step they take creates ripples of change.

The program arose during the pandemic. They hope one day to be eventually obsolete but that might not be anytime soon. 

Museo Pambata is finally reopening its doors after four years.

https://www.rappler.com/life-and-style/arts-culture/what-to-expect-museo-pambata-reopening-december-2024/

Good news for all children and children at heart! The famed Museo Pambata is reopening on December 6, with new and exciting activities and exhibits for all.

The Philippines’ first children’s museum located in Ermita, Manila, is celebrating its 30th anniversary with its new theme “Isla Pambata (Children’s Island)” — a tribute to the diverse and vibrant experiences of Filipino children all over the country.

“Generations of children have passed through Museo Pambata’s doors, and this anniversary honors them — and those yet to come,” Museo Pambata founder Nina Lim-Yuson said during the media launch on Wednesday, November 27.

Museo Pambata was one of the many cultural establishments that had to close due to the pandemic. Coupled with having to deal with structural problems within the building, the institution has since only been able to hold limited events and private programs within the museum.

Since 2020, Museo Pambata’s board has been working to not only return the museum to its pre-pandemic state but to update it based on the needs of today’s children.

“Our hope for Museo Pambata is to be an intergenerational cultural playground,” said president Bambi Manosa-Tanjutco. “It’s where we want Filipinos of all ages to believe in the power of our culture and collectively dream of this future, today.”

Not all spaces within the museum will be available to the public until early 2025, but visitors can look forward to exploring several exciting spaces during their reopening in December. 

It's the latest in a long line of places reopening after the lockdown.

Bohol tourism is back to pre-pandemic levels but other areas are struggling.

https://www.abs-cbn.com/news/business/2024/11/29/bohol-tourism-back-to-pre-pandemic-levels-but-other-areas-struggling-1249

Tourism in Bohol is back at pre-pandemic levels but other parts of the Philippines are still struggling, the owner of a hotel and resort in the province said Tuesday.

"I think, sa Bohol nga, parang pre-pandemic level na," said The Bellevue Resort Managing Director Dustin Chan.

"But unfortunately, other areas still struggling," he added.

Chan said Chinese tourists have yet to return to the Philippines.

The executive said more than 80 percent of their guests pre-pandemic were Chinese. But the number of Chinese guests now is "Very little--miniscule compared to before," said The Bellevue Resort Manager Andrew Fernandes.

Fernandes added that there are more Koreans now visiting Bohol, with between 6 to 9 flights daily directly flying to the province from South Korea.

But "Just because there are more Koreans doesn't mean the numbers even out," he added.

Chan explained that the Chinese now must visit either one of four cities--Beijing, Shanghai, Guangzhou, and Chengdu--to get interviewed for a visa to travel to the Philippines.

Still, he noted that Bohol is a popular destination because it is "convenient" for tourists.

"There's no traffic yet, there's [an] international airport just here, it's only 10 to 15 minutes away," he said.

"Kung magbo-Boracay ka, imagine-in mo, it’s like a penalty for choosing Station One, kasi lagpas Station Three yung Jetty Port eh. Tapos dadaanan mo lahat ng traffic sa gitna," Fernandes noted.

"Or when you land in Cebu you fly 1 hour to get there but drive 1 and a half hour to get to the city," he added.

Chan said the government can make the Philippines more attractive to tourists by keeping crime low. 

He also noted that the government must prevent tourism sector workers from being opportunistic and charging higher costs to tourists.

"For example, when you go to Thailand, you try to search bookings in Bangkok or somewhere--it's not very expensive, right? Because they're really regulating the prices, and when their guests have complaints, like, 'Oh this travel agency is trying to screw me,' or 'This tour is screwing me'-- the support of their local tourism and their government is so strong."

"They’re very supportive of tourism. Tourism comes first before maybe making extra more money to screw people up. Like before we had an experience there, we noticed that the travel person was bringing us to places that were too expensive. We tried to complain; they were really scared about it," he related.

The Philippines hopes to bring in 7.7 million foreign tourists to the Philippines by the end of 2024.

Chinese tourists have not returned en masse to the Philippines and tourists don't like getting screwed out of money. 

Another Filipina nurse has been awarded for her efforssts during the pandemic. 

https://www.zawya.com/en/press-release/africa-press-releases/nurse-maria-victoria-juan-from-philippines-wins-the-prestigious-aster-guardians-global-nursing-award-2024-klc12zlk

Nurse Maria Victoria Juan from Philippines, a Consultant at Philippines Army Health Services and Colonel, Reserve Force of the Armed Forces of the Philippines, has been announced as the winner of Aster Guardians Global Nursing Award 2024 and awarded with USD 250,000 at a prestigious award ceremony held in Bengaluru, India. 

Maria Victoria Juan, currently a consultant at Philippine Army Health Services and Colonel, Reserve Force of the Armed Forces of the Philippines, served as the Chief Nurse of the Philippines Army and she was responsible for initiating the first aeromedical evacuation system in the Armed Forces of the Philippines (AFP). This system has greatly improved survival rates by enabling rapid evacuation and early treatment of casualties, especially in conflict areas. At the age of 54 years, she joined an intensive 9-month long aeromedical evacuation training program while working full-time as a chief nurse. As a leader who believes in leading from the front, she completed 200-hours of emergency ambulance conduction, 100 hours of clinical duty, 1-mile ocean swim, 3-day jungle survival, helicopter underwater escape and flight medical runs, while having a fear of flying and deepwater swimming. Maria also pioneered environmental health initiatives, integrating vetiver grass technology to combat soil erosion and water pollution. During the COVID-19 pandemic, Maria organized the Endurun Mega Swabbing Center, training troops as medical swabbers and coordinating healthcare professionals. The center conducted nearly 500,000 tests, significantly contributing to the country’s pandemic response.

The twist is she actually lives and works as a nurse in the Philippines and not overseas. 

Thursday, November 28, 2024

Coronavirus Lockdown:Jo Koy to Produce Documentary, BIMP-EAGA Games, and More!

More news about how the COVID-19 pandemic in the Philippines is being handled by the public and the government.

New data from the Organization for Economic Cooperation and Development shows a rising trend of Filipinos seeking better opportunities abroad. 

https://philstar.com/headlines/2024/11/21/2401899/filipinos-prowl-permanent-migrants-post-pandemic

A Philippine Airlines flight queue of 30 wheelchairs paraded a new face of the Filipino overseas exodus.

That’s a lot of wheelchairs, according to migration researcher Dr. Jocelyn Celero — with her eyes popping at that unusual sight in Terminal 3 of the Ninoy Aquino International Airport last March. “In that [Los Angeles-bound] flight with them, embarkation took two hours.”

Those mostly elderly-aged vacationing Filipino migrants were permanent settlers in the United States, and were then vacationing in the country to annually confirm their profiles with the Philippine Social Security System (SSS). Some of these vacationing Filipinos (balikbayan, as called in Filipino) even monitored their real properties here.

“That will be the trend,” Celero added, not referring to more wheelchaired passengers but to rising immigration to countries with favorable settlement and naturalization opportunities.

The United States is among those countries with enticing permanent migration opportunities that prevailed whether prior to, during, or after the COVID-19 pandemic. The US is a member of the Organization for Economic Cooperation and Development (OECD) bloc of countries which received six million new permanent migration flows in 2021 and 2022.

Within those first two years of the pandemic, the estimated six million new permanent migration flows include over 140,000 Filipinos.

Data from OECD's 2024 International Migration Outlook report showed that over six million new permanent migrants entered the OECD countries as per these countries’ 2022 immigration data.

The over 140,600 Filipinos who entered these countries were among the leading nationalities in 12 of the 37 OECD countries. Leading the pack are the Filipinos who entered the US (36,300 in 2022), Japan (34,400), Canada (22,100), Korea (13,600) and Australia (13,400).

Citing 2021-2022 data, the Philippines ranked 14th among origin countries in terms of "new immigrants to the OECD". India, China and the Russian Federation lead this group of countries. 

The rising numbers that cited up to 2022 data came as the Philippines experienced declines in the deployment of migrant workers, and in the exit of registered Filipino emigrants, in 2020 given the COVID-19 pandemic.

The 2020 exodus of overseas Filipino workers (OFWs) or temporary migrant workers (549,841), of registered Filipino emigrants (15,703), and of Filipino spouses of foreign nationals (4,964) reflected 73-to-75 percent drops from 2019 figures, data from DMW and the Commission on Filipinos Overseas (CFO) show.

But come 2021 and 2022, these three types of overseas Filipinos went up when the borders of host countries re-opened. The deployed OFWs reached 742,796 in 2021, 1,205,668 in 2022, and a historic high of 2,330,720 last year, DMW data showed

CFO’s data on permanent residents saw a slight 5.11 increase in 2021 (16,505) and a 147.1 percent uptick in 2022 (40,784). The number of Filipino spouses of foreign nationals even deceased in 2022 (4,891) but went up in 2023 (6,854), CFO data also show.

While Celero saw “the longest line of wheelchairs ever” in any international flight she took, she didn’t want to rain on these compatriots’ parades as permanent settlers and naturalized citizens--and the many more Filipinos following suit. 

Of course there are better opportunities abroad. And don't forget the DFA says the OFW program is the country's soft power, a way to influence host nations in the Philippines favour. 

I previously highlighted the upcoming documentary Nurse Unseen about Pinoy nurses during the pandemic in the USA. Now Fil-Am comedian Jo Koy has jumped aboard as producer. 

https://www.abs-cbn.com/entertainment/showbiz/celebrities/2024/11/21/jo-koy-to-produce-documentary-about-pinoy-nurses-bravery-during-pandemic-2222

Filipino-American comedian Jo Koy will be an executive producer for the upcoming documentary Nurse Unseen.

Deadline reported that the documentary delves into the untold stories and resilience of Filipino nurses who risked their lives on the frontlines during the COVID-19 pandemic, all while confronting a surge in anti-Asian hate.

Nurse Unseen also sheds light on the colonial history between the Philippines and the United States, which has positioned Filipino nurses as the unrecognized foundation of the U.S. and global healthcare systems.

"There is a reason why I talk about Filipino nurses in my stand-up as I have so many family members in the healthcare system. They are some of the hardest working people and have filled the gaps in medical facilities that are frequently understaffed and under-resourced. I’m proud to help shine a light on their heroism," Jo Koy remarked.

The comedian also took to social media to express his excitement about the project.

"Nursing is a big part of my Filipino community. So happy to be a part of this project," Jo Koy posted on his Instagram page.

Fans online were also quick to express their excitement about the project.

"Incredible and as the son of a nurse and a fan I can’t wait to watch!" one fan commented.

"This is so meaningful for our community," another fan said.

Back in 2022, Jo Koy also headlined Easter Sunday, a Hollywood film that puts the spotlight of Filipinos and Filipino-American culture.

In a past interview with Inquirer, Jo Koy explained why he considers representing Filipinos in mainstream Hollywood an important feat. 

"For the most part, you don’t really get offers for these roles—they simply don’t exist. So, all you can do is pitch your stories and hope to God somebody would be willing to help you realize your pitch, especially when you’re not the majority color," he explained.

Jo Koy added: "If you’re Filipino, you won’t get any offers, so you’ve got to create your own idea and figure out a story that they’d be willing to support. That’s why I also want to have my hands behind the camera, to help open doors for others."

I thought this movie was already made and screening but apparently it still needs an executive producer. 

The government is being urged to expand its biggest scholarship program in order to ease crowded public schools. 


https://www.philstar.com/nation/2024/11/24/2402559/government-urged-expand-coverage-biggest-scholarship-program/amp/

The government needs to expand the coverage of its biggest scholarship program to help thin out overcrowded public schools, a group of Christian denomination-run private schools said over the weekend.

The Association of Christian Schools, Colleges and Universities (ACSCU) said the Government Assistance to Students and Teachers in Private Education (GASTPE) needs to cover more underprivileged students, which could encourage more parents to move their children from public to private schools.

“We are partners in progress. With its critical role in sustaining private Christian education in the Philippines, the GASTPE aligns with our mission to serve with compassion and integrity,” ACSCU president Betty Cernol-McCann said.

The GASTPE program currently covers junior high school and senior high school. It was intended to provide financial assistance to students and teachers, improve access to quality education and decongest public schools.

“In the last school year, member schools collectively served over 3,600 beneficiaries under the GASTPE program,” Cernol-McCann said.

“This level of support is a testament not only to the program’s reach, but also its impact. Many of our graduates, who were once GASTPE beneficiaries, have gone on to become leaders in their communities and industries. Their successes speak to the quality of education they received, and the opportunities made possible by GASTPE,” she added.

GASTPE initiatives include Education Service Contracting (ESC), Teachers’ Salary Subsidy, Senior High School Voucher Program and In-Service Training.

The ESC is deemed a cost-effective alternative to public school expansion, where decongestion is achieved through service contracts with private schools for the latter to accommodate the overflow of students from public schools and from communities with no public schools.

“The (GASTPE) program has also provided significant support to our teachers and educational staff. Financial resources have facilitated training and development programs, ensuring that our educators can continually adapt to evolving educational needs,” Cernol-McCann said.

This assistance was most pronounced during the peak of the COVID-19 pandemic, when the GASTPE funding helped schools transition to blended and distance learning models.

The ACSCU has 118 member-schools across the country, which have served 12.45 million student-grantees since 1989.

More assistance was given during the pandemic but now that's over the program has trailed off. 

The Philippines' largest delegation to the World Travel Market since the pandemic has netted P436 million in sales lead. 


https://www.pna.gov.ph/articles/1238635

The Philippines generated over PHP436 million in sales lead at the 2024 World Travel Market (WTM) held in London, the Department of Tourism (DOT) said Monday.

The Philippine delegation secured a total of 466 sales leads and 41 onsite bookings during the Nov. 5 to 7 event, the DOT said.

The sales lead marked an increase of over PHP178 million from last year’s participation.

The delegation, led by the DOT and the Tourism Promotions Board, was the country’s largest since the pandemic, composed of 22 private sector exhibitors, including tour operators, destination management companies and hotels and resorts.

They were joined by representatives from the Aklan Provincial Government, the Tourism Infrastructure and Enterprise Zone Authority and the Philippine Retirement Authority.

The Philippine Pavilion attracted attention from major media outlets and key tourism stakeholders.

On top of the usual sun and beach destination, the Philippines also showcased its unique experiential travel offering through packages focused on cultural immersions, festivals, the creative arts, health and wellness, gastronomy and other offerings.

“Today's travelers seek immersive experiences, evolving from years like seeing to a quest for authentic experiences, and this is precisely what we are able to offer in the Philippines,” DOT Secretary Christina Garcia Frasco said in a statement.

Maybe this will help the Philippines tourism sector fully recover. 

Two more events are back since the end of the pandemic. First is Honda's Riders' Convention. 

https://www.manilatimes.net/2024/11/26/fast-times/honda-ph-hosts-riders-convention-after-pandemic-break/2010380

HONDA Philippines Inc. recently brought together thousands of passionate Honda riders across Luzon for the 4th Honda Riders' Convention, marking an exciting return post-pandemic. The convention celebrated Honda's legacy and strong connection with its loyal community, highlighting why Honda remains the top motorcycle brand in the Philippines.

The event was packed with activities, including a motor show showcasing accessorized Honda bikes, an off-road adventure, and a visit to Honda's technology center, where attendees explored innovations like the e-clutch system and Road Sync features. Riders had a chance to test Honda's full lineup, including commuter bikes, big bikes, the electric EM1 e:, and off-road models. 

In addition to rides, visitors enjoyed discounts on gear and accessories, fun booth games, and free massages. Honda also honored its club leaders for promoting road safety, with the Metropolitan Manila Development Authority awarding Honda a citation for the efforts. Honda Philippines President Sayaka Arai even joined an off-road test ride alongside legendary rider Jovie Saulog and up-and-coming motocross rider Sharlet Gallarde. 

The program featured stage games, a segment with PVL star Michelle Gumabao, and exciting raffles, with a Honda CB500F Big Bike as the grand prize. The band Orange & Lemons capped off the event with a lively performance.

"This event showcases Honda's commitment to excellence and joy for our community," said Arai. Featuring Honda's newest models, including the Click160 and the electric EM1 e:, the convention was more than just a gathering. It reinforced Honda's connection with its riders and their shared passion for the brand, ensuring Honda's place in their hearts for years to come.

The second event is the Brunei Darussalam-Indonesia-Malaysia-Philippines-East ASEAN Growth Area) Friendship Games.

https://www.pna.gov.ph/articles/1238688

Five contingents will banner the Philippines’ fourth hosting of the BIMP-EAGA (Brunei Darussalam-Indonesia-Malaysia-Philippines-East ASEAN Growth Area) Friendship Games in Puerto Princesa City, Palawan on Dec. 1 to 5.

The Philippine teams are Mindanao A, Mindanao B, Bangsamoro Autonomous Region in Muslim Mindanao, Puerto Princesa City and Palawan.

The 11th edition of the BIMP-EAGA Games was canceled when the Covid-19 pandemic struck in 2020.

The Philippines’ previous hostings were the inaugural edition in General Santos City in 1996, Puerto Princesa in 2003 and General Santos City anew in 2012.

How many more events are still waiting to return since the pandemic ended?