Team Transitory
Team TransitoryInflation has moved higher across many countries amid a global reopening, supply bottlenecks, a worldwide energy crunch, higher oil prices, and surging commodity prices. However, a number of central bankers maintain that the current episode of higher inflation is transitory in nature. BSP Governor Ben Diokno recently stated that he is part of Team Transitory. Powell, Lagarde, Yellen: “Inflation is transitory”Fed Chair Jay Powell, European Central Bank (ECB) President Christine Lagarde, and Treasury Secretary Janet Yellen are outspoken members of Team Transitory. She also cautioned against overreacting to “transitory supply shocks that have no bearing on the medium term.”Meanwhile, Yellen said, “Supply bottlenecks have developed that have caused inflation.
Source:Philippine Star
October 24, 2021 17:52 UTC
Vaccine mandate
Vaccine mandateAllDay supermarket gives a discount of P200 for a minimum single-receipt purchase worth P3,000 to fully vaccinated shoppers. Consumers are now asking major retail outlets and service providers if they have similar perks for the fully vaccinated. On the other hand, there are private companies that obtained enough vaccine doses for all their employees and immediate families. So it’s understandable that employers would want to announce truthfully to the world that their workforce is 100 percent fully vaccinated. The rules for the vaccine mandate, which will affect about two-thirds of the private sector workforce, will be out this month.
Source:Philippine Star
October 24, 2021 17:28 UTC
Revenge shopping
JLL, a property market consultancy in the US, is predicting an uptick of in-person shopping in brick and mortar stores this holiday season. There is a term for it … revenge shopping or when consumers make up for lost time with increased spending… It is expected to increase foot traffic at retailers this holiday season. In the Philippines where travel restrictions vary from LGU to LGU, things seem to be improving. Some LGUs like Boracay and Bohol are doing away with the RT-PCR test as a condition for fully vaccinated domestic tourists to enter. Under that proposal, arriving fully vaccinated passengers will no longer be locked up in their rooms and can go around the resort provided 100 percent of the resort staff are fully vaccinated.
Source:Philippine Star
October 24, 2021 16:51 UTC
Catch-up polio shots for children pushed
IN line with World Polio Day on Sunday, the Department of Health (DoH), with partners World Health Organization (WHO), Unicef, and Rotary International, encouraged parents to vaccinate their children 0against preventable diseases, especially polio. Last October 13, the DoH launched the catch-up immunization campaign in Metro Manila to vaccinate children under two years old who missed their polio jabs. In June, the country announced the end of the polio outbreak following the 18-month outbreak response to vaccinate over 11 million children — many of whom received polio drops during the Covid-19 pandemic. "In the Philippines, children under one year old receive their primary doses of the polio vaccines during routine immunization — three doses of polio drops and one dose of inactivated polio vaccine. This month, the DoH has launched the 'Catch-up Routine Immunization' to ensure delivery of National Immunization Program services to children," he said.
Source:Manila Times
October 24, 2021 16:33 UTC
Yulo wins gold
WORLD’S BEST Carlos Edriel Yulo competes in the parallel bars event during the Artistic Gymnastics World Championships at the Kitakyushu City Gymnasium in Kitakyushu, Fukuoka prefecture on Oct. 24, 2021. AFP PHOTOFILIPINO gymnast Carlos Yulo ruled the vault event final round to win a gold medal at the 50th FIG Artistic Gymnastics World Championships at the Kitakyushu General Gymnasium in Japan on Sunday. Yulo scored an average of 14.916 points after an exquisite performance, which saw him record 14.800 points for his first vault and 15.033 for his second. Yulo has now won two gold medals in the World Championships — the first one being the floor exercise event in 2019 which keyed his Tokyo Olympic qualification. Two hours after getting the gold, Yulo won a silver medal in the parallel bars at the same event.
Source:Manila Times
October 24, 2021 16:25 UTC
Almost 4,000 applied for Canada's exit plans for Hongkongers
Almost 4,000 Hongkongers have made applications after Canada introduced new policies to facilitate their emigration to the country. In the first four months since the program was launched last February, 3,481 people have applied, said Nancy Caron, an Immigration Refugees and Citizenship Canada (IRCC) spokeswoman, told Canadian newspaper the National Post. There are also two new pathways for those who recently graduated from tertiary institutions to get expedited permanent residence status in Canada. Some 400 applications were filed to IRCC at the end of July since the pathways were announced in May. The newspaper noted that there is no big increase in applications from Hong Kong for Canadian permanent residence in recent years.
Source:The Standard
October 24, 2021 16:12 UTC
VCO as possible adjunct treatment vs COVID: What you need to know
The Philippines has conducted clinical studies to determine the efficacy of virgin coconut oil (VCO) as adjunct treatment against coronavirus disease (COVID-19). “Results of this study show that VCO compounds decrease the amount of virus by 60 to 90 percent in mild cases. The VCO study results in Santa Rosa, Laguna showed that meals mixed with VCO could reduce COVID-19 symptoms in suspect and probable cases, thus, possibly preventing the progression or severity of the disease. The study aims to evaluate the effects of VCO as an adjunctive therapy among hospitalized COVID-19 patients. It involved COVID-19 patients with moderate to severe conditions at PGH.
Source:Manila Bulletin
October 24, 2021 13:53 UTC
Female worker dies after falling at Tseung Kwan O construction site
A 46-year-old female worker died after she fell from a seven-meter podium at a Tseung Kwan O construction site. At 10.17am Sunday, workers at the site on Chun Yat Street, Tseung Kwan O Industrial Estate reported to police that a female colleague fell from height. The worker, who was already unconscious, was sent to Queen Elizabeth Hospital. Preliminary investigations showed she was cleaning when she stepped on a board which could not support her weight. Labour Department has sent officers to the scene and is investigating into the cause of the accident.
Source:The Standard
October 24, 2021 13:32 UTC
(Video) Fire broke out at Cheung Sha Wan garage
Around 150 residents were evacuated after a fire broke out at a Cheung Sha Wan garage on Sunday. At around noon, a fire broke out at the garage on Cheung Wah Street. Smoke billowed from the garage and an explosion was heard. During the fire, 150 residents were evacuated and no one was hurt. Preliminary investigations revealed that a charger in the attic of the garage overheated.
Source:The Standard
October 24, 2021 13:15 UTC
Carrie Lam to resume CE duties on Monday
Carrie Lam Cheng Yuet-ngor will resume duties as Hong Kong's Chief Executive on Monday, a week after she fractured her right elbow at the Government House. Lam took leave from work after she fell at home on Monday last week. “I will resume my duties as the Chief Executive tomorrow (Monday). Lam had said the injury provided a good opportunity for her -- a chief executive that cannot stop working -- to have a good rest. She had not taken leave for almost three years and had been very busy her policy address her on October 6.
Source:The Standard
October 24, 2021 10:13 UTC
Watsons collaborates with global supplier partners to launch over 1,600 Sustainable Choices
Watsons is proud to announce the launch of over 1,600 Sustainable Choices products both in stores and online. Watsons goes greenThese products are easy to be identified at Watsons stores, and the Sustainable Choices section in the Watsons online store helps customers to quickly find the products that best suit their needs. A Sustainable Choices section was soft launched earlier this year, the sales of some products have already soared by up to 300 percent. "Sustainable Choices products can now be found with just a click. The initial customer response is hugely encouraging, and we're sure our customers will love our wider range of sustainable products."
Source:Manila Times
October 24, 2021 09:20 UTC
CamSur drug busts: 3 arrested, over P1.1 M shabu seized
LEGAZPI CITY – Police arrested three drug suspects and seized over P1.1 million worth of shabu (crystal meth) in separate buy-bust operations in Camarines Sur on Saturday. Police Major Divino John Pelea, Nabua town police chief, said Sharon Barela, 41, was arrested in an operation in Barangay (village) Inapatan at around 7:30 p.m.ADVERTISEMENTPolice recovered a sachet of shabu worth P2,500. In Camaligan town, Armando Del Rosario, 51, and Gil San Buenaventura, 52, were also arrested in Barangay San Roque at around 2:20 p.m.Camaligan police chief Capt. John Angelo Romeroso, said the suspects sold a knot-tied sachet or 25 grams of shabu with an estimated value of P170,000 to an undercover agent. During the body search, the police recovered another 146 grams of shabu worth an estimated P980,000 from the two suspects.
Source:Philippine Daily Inquirer
October 24, 2021 09:09 UTC
Four imported cases reported on Sunday, including three from the Philippines
Hong Kong reports four imported Covid-19 cases on Sunday. Hong Kong reports four imported Covid-19 cases on Sunday, including three who came from the Philippines. They included two domestic helpers aged 37 and 41, who arrived in Hong Kong on October 20 via flights PR300 and 5J272 respectively. He stayed at Hong Kong SkyCity Marriott Hotel. This comes after a 30-year-old Indonesian domestic helper who lived in the estate tested positive after completing her compulsory quarantine on October 14.
Source:The Standard
October 24, 2021 08:06 UTC
Cargo ship on fire, spewing toxic gas off Canada’s Pacific coast–officials
WASHINGTON — A container ship has caught fire and is expelling toxic gas off Canada’s Pacific coast, authorities said Saturday. The Zim Kingston ship had been bound for Vancouver when the flames erupted, with the fire reported to the coast guard at around 11 pm local time, CBC News reported. ADVERTISEMENT“The ship is on fire and expelling toxic gas,” the Canadian Coast Guard said in a statement on its website, adding that the vessel remains anchored off the coast of British Columbia. “An emergency zone has been established at Constance Bank within 1 mile of the anchored container ship Zim Kingston,” the agency said. The coast guard said the ship is carrying more than 52,000 kg of chemicals located in two of the containers that are on fire, CBC News said.
Source:Philippine Daily Inquirer
October 24, 2021 07:29 UTC
Under Israel’s blockade, Gaza’s fishermen struggle for a catch
“The further we go, the more we pay for fuel without guarantees about the catch,” Nahal says, leading a line of five boats, the air heavy with the stench of diesel and sardines. Israel’s navy fully controls the waters off Gaza’s 40-kilometer (25-mile) long coastline, and regularly restricts or expands the size of the fishing zone in response to security conditions. But Yussef, 22, keeping watch on Nahal’s boat, complains that with all Gaza’s fishermen forced into the same small area, they struggle to catch enough to turn a profit. “Here are the fish, catch them, for it is my fish that I love,” the men sing as the catch is hauled up. Exhausted and back in port, the fishermen sell the catch in the busy port, where auctioneers shout prices to waiting wholesalers.
Source:Philippine Daily Inquirer
October 24, 2021 07:24 UTC