Peso drops on labor data

THE PESO dropped versus the dollar following the release of data showing unemployment climbed in April. THE PESO retreated against the greenback on Tuesday following the higher unemployment rate in April, which was caused by the reimposition of lockdowns due to higher coronavirus cases. The local unit closed at P47.72 a dollar on Tuesday, depreciating […]

Peso climbs on PMI data

THE PESO appreciated against the greenback on Monday after data showed factory activity deteriorated in April because of the renewed lockdown. The local unit closed at P48.05 per dollar on Monday, up by five centavos from its P48.10-a-dollar finish on Friday, based on the data from the Bankers Association of the Philippines. The peso opened […]

On to the tax audit period

Physical exhaustion, sleepless nights, and anxiety are among the words that some might use to describe the experience of taxpayers and their accountants in this tax season just concluded, an ordeal heightened by the effects of the pandemic and lockdowns. Thinking about the tax filing season, I remember Sisyphus, from Greek mythology, who was made […]

Central Visayas now classified as low risk

FOR the fourth consecutive day, new coronavirus infections exceeded 11,000 while deaths surpassed 200, pushing the death toll from coronavirus disease 2019 (Covid-19) past 15,000. The bulk of new cases are in the National Capital Region (NCR), which had the highest average daily attack rate (Adar) of 36.32 per 100,000 population in the recent one […]

Regional Updates (04/12/21)

2 northbound lanes of Skyway Extension now open and temporarily toll-free TWO of three lanes of the Skyway Extension project’s northbound section have been opened to motorists, San Miguel Corp. (SMC) announced on Monday. The northbound section that covers four kilometers from Susana Heights to Sucat in Parañaque can now be used by light vehicles […]

Editorial: Resurrecting public health

DIFFERENCES in perspectives determine whether community quarantines are effective in the containment of the coronavirus disease (Covid-19). On the recommendation of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF), President Rodrigo Duterte approved extending the enhanced community quarantine (ECQ) of the National Capital Region (NCR) Plus bubble, which will start on […]

Cebu ready to celebrate 500 YOC

IT’S all systems go for the 500 Years of Christianity (500 YOC) celebration in Cebu this April. Catholic Church officials led by Cebu Archbishop Jose S. Palma announced they are closely coordinating with the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) to ensure the safety of everyone as Cebu marks the […]