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Duterte signs COVID vaccine emergency useDoH against easing rules on minorsSolon assures new job security bill ‘fair to both parties’Nationwide round-up (12/02/20)Regional Updates (12/02/20)Construction spending of 5% of GDP seen as recovery ‘magic number’ — ChuaProperty price slowdown emerging risk for banksOpen-pit ban, mining permit freeze seen holding back industry’s GDP contributionBIR collects P548M from firms shut down for tax violationsMost household workers receive no social welfare benefits — DoLELocal gov’ts have final say on letting minors in mallsManufacturing purchasing managers’ index of select ASEAN economies, November (2020)Factory activity nears stabilizationPHL economy may fare worse with RCEP — expertsCREATE may dim prospects for electronics industry19M workers need upskilling amid automationCustoms exceeds reduced target in NovemberHouse approves AMLA amendments on final readingEmperador sees further expansion of brandy business in the US next yearPAL ready to offer nonstop flights as gov’t eases travel requirementsSemirara defers mining operations in Antique due to water buildupGov’t makes full award of T-bill offeringFirst phase of Davao township launchedThe show must go onBSP seen to continue easing to support economyGlobe network upgrades done by 2021Weekend pop-up features art, crystals, antiques, and plantsMoody’s sees sluggish loan growth on banks’ tighter credit standardsHigher FIRB approval threshold seen weakening CREATE reformsLost regional economic output projected at $322.2 billion in 2021
