Manila population – APASL 2019 Manila http://apasl2019manila.org/ Mon, 22 Nov 2021 02:26:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://apasl2019manila.org/wp-content/uploads/2021/10/icon-120x120.jpg Manila population – APASL 2019 Manila http://apasl2019manila.org/ 32 32 Active COVID-19 cases in San Juan drop to lowest since pandemic began – Manila Bulletin https://apasl2019manila.org/active-covid-19-cases-in-san-juan-drop-to-lowest-since-pandemic-began-manila-bulletin/ Mon, 22 Nov 2021 01:35:00 +0000 https://apasl2019manila.org/active-covid-19-cases-in-san-juan-drop-to-lowest-since-pandemic-began-manila-bulletin/ New / Metro / Active COVID-19 cases in San Juan drop to lowest since pandemic began Active COVID-19 cases in San Juan drop to lowest since pandemic began The local government of the city of San Juan announced on Monday, November 22 that its active cases of COVID-19 had fallen to their lowest since the […]]]>

Active COVID-19 cases in San Juan drop to lowest since pandemic began

The local government of the city of San Juan announced on Monday, November 22 that its active cases of COVID-19 had fallen to their lowest since the start of the pandemic in 2020.

San Juan Mayor Francis Zamora said that as of November 21 there were now only 29 active cases of COVID-19 in the city, which equates to a 97% drop from its previous record from 1,123 on September 16.

“Let’s continue to follow all health and safety protocols so that the numbers continue to drop,” Zamora said.

The city government said that as of November 18, the city of San Juan had already vaccinated 211,387 residents with the first dose of the vaccine, or 239.02% of its target population according to the Statistical Authority’s 2020 census. of the Philippines (PSA), while 192,936 were fully immunized, equivalent to 218.15 percent of its target population.

Metro Manila was placed under the less restrictive Alert Level 2 on November 5 after a sharp drop in COVID-19 cases attributed to the high number of people vaccinated in the region.


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On the radar of real estate investors https://apasl2019manila.org/on-the-radar-of-real-estate-investors/ Fri, 19 Nov 2021 19:20:00 +0000 https://apasl2019manila.org/on-the-radar-of-real-estate-investors/ In recent years, we have seen developers build condominium towers on the fringes of major business centers. Lack of developable land in business districts, skyrocketing land values, and growing demand for residential units have contributed to aggressive planning and project development in Metro Manila. Among the areas that have seen aggressive development in recent years […]]]>

In recent years, we have seen developers build condominium towers on the fringes of major business centers. Lack of developable land in business districts, skyrocketing land values, and growing demand for residential units have contributed to aggressive planning and project development in Metro Manila. Among the areas that have seen aggressive development in recent years is Quezon City, particularly the Katipunan region.

Colliers Philippines believes the Katipunan region will remain an attractive residential area for investors and end users, including those who are raising their own families. In our opinion, the area has become an extension of the satellite communities located along the C-5 and other parts of Quezon City and surrounding areas. The demand for residential units is also being fueled by a growing student population in the region, which we saw before the pandemic. Student demand will likely recover after the pandemic, as we are already seeing the resumption of face-to-face classes.

Growing interest in Katipunan

In the medium term, Colliers sees Katipunan’s residential market become even more competitive as developers compete for greater market share and come up with good-value residential units that can offer adequate facilities and equipment for families. The market includes households from Quezon City and surrounding areas moving to condominium living.

Colliers Philippines believes the region is attractive to both home buyers and investors because of the convenience it can offer amid increasing traffic in Metro Manila. The government has already said traffic in the capital region is returning to pre-pandemic levels. The Katipunan area is also convenient for home buyers given its proximity to shopping malls and other lifestyle destinations.

In the medium term, we are seeing more lifestyle-oriented residential developments in the area, especially with the launch of the Rockwell residential project. Previously, most projects in the area were stand-alone residential developments. But new projects in the area incorporate a large open space for families as well as a wide range of amenities and facilities. The Rockwell Project has redefined and will continue to redefine the residential landscape of the Katipunan region.

Infrastructure to support the value of land and property

At Colliers Philippines, we always identify the factors that help make a location more attractive for residential investment. The Katipunan region is likely to benefit, directly or indirectly, from some infrastructure projects aligned by the government. These include:

  • LRT-2 East Extension, a 9.5 billion peso project and 3.8 km extension of the existing 13.8 km LRT-2 system from Santolan to Pasig City in Masinag, Antipolo. The project is also expected to improve connectivity between Rizal province and Metro Manila;
  • Skyway C6 Expressway, a 34 km highway connecting Skyway / FTI to the Batasan complex in Quezon City. The project is expected to reduce congestion at Edsa, C-5, Ortigas Avenue and Extension. Construction of the project started in 2018 and completion is scheduled for 2022;
  • Katipunan Avenue Extension Project, a 3.38 km bypass road between Katipunan Avenue and the hills of Barangay Batasan, Marikina City and San Mateo in Rizal. The project is expected to facilitate traffic along Katipunan and Commonwealth Avenues in Quezon City. Construction of the project started in 2019 with expected completion by the end of 2021; and
  • The MRT-7, which is already 56% complete and is expected to begin testing in 2022. The line begins at San Jose del Monte, Bulacan, to North Triangle Common station on North Avenue, Quezon City.

Colliers believes that the completion of these projects will help boost the value of land and property in the region. It should also support our expected recovery in residential demand after the pandemic.

Exciting times ahead for the Katipunan region, which is definitely on the radar of developers and investors planning to seize the recovery in the real estate market.

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Complete vaccination of minors begins in Muntinlupa – Manila newsletter https://apasl2019manila.org/complete-vaccination-of-minors-begins-in-muntinlupa-manila-newsletter/ Wed, 17 Nov 2021 06:32:00 +0000 https://apasl2019manila.org/complete-vaccination-of-minors-begins-in-muntinlupa-manila-newsletter/ Administration of the second dose of the COVID-19 vaccine for minors aged 12 to 17 has started in Muntinlupa. As of November 16, a total of 13,790 minors had received the first dose of the vaccine, equivalent to 25% of the estimated population of 55,391 for ages 12 to 17 in Muntinlupa, according to the […]]]>

Administration of the second dose of the COVID-19 vaccine for minors aged 12 to 17 has started in Muntinlupa.

As of November 16, a total of 13,790 minors had received the first dose of the vaccine, equivalent to 25% of the estimated population of 55,391 for ages 12 to 17 in Muntinlupa, according to the Muntinlupa City COVID-19 Vaccination Program ( MunCoVac).

Vaccination of a minor in Muntinlupa (Muntinlupa PIO)

Of the 13,790 minors, 199 were fully vaccinated or received the second dose of the vaccine. A total of 13,989 doses of the vaccine were administered to minors.

The Muntinlupa city government began vaccinating minors on October 25 using the Pfizer-BioNTech vaccine.

According to the Emergency Use Clearance (EUA) issued by the Philippine Food and Drug Administration (FDA) for the Pfizer-BioNTech vaccine, “the second dose should be administered three (3) weeks after the first dose”.

The FDA has also approved Moderna vaccine for use for ages 12 and older, and its second dose is given 28 days after the first dose.

As of November 16, 30,277 young people aged 12 to 17 have registered with MunCoVac for vaccination, or 55% of the city’s underage population.

Of the total, 2,279, or 7.5%, have comorbidities, classified by the Department of Health (DOH) as pediatric group A3, while 27,998, or 92.5%, are “healthy children.” health ”or without comorbidities.

Minors with comorbidities are only vaccinated at the Ospital ng Muntinlupa, managed by the city. For “healthy children” or those without comorbidities, the vaccination sites in Muntinlupa are the SM Center Muntinlupa, the Ayala Malls South Park, the New Cupang Health Center and the Sucat indoor court.


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COVID positivity rate under WHO brand for 2 consecutive days https://apasl2019manila.org/covid-positivity-rate-under-who-brand-for-2-consecutive-days/ https://apasl2019manila.org/covid-positivity-rate-under-who-brand-for-2-consecutive-days/#respond Thu, 11 Nov 2021 21:40:00 +0000 https://apasl2019manila.org/covid-positivity-rate-under-who-brand-for-2-consecutive-days/ FILE PHOTO Health workers conduct free swab tests in Manila about a month before quarantine restrictions are eased. —RICHARD A. REYES MANILA, Philippines – Vaccination, testing and contact tracing outside of Metro Manila should be stepped up to maintain the “gains” made so far in the country’s fight against COVID-19, OCTA said Research, an independent […]]]>

FILE PHOTO Health workers conduct free swab tests in Manila about a month before quarantine restrictions are eased. —RICHARD A. REYES

MANILA, Philippines – Vaccination, testing and contact tracing outside of Metro Manila should be stepped up to maintain the “gains” made so far in the country’s fight against COVID-19, OCTA said Research, an independent observer of the pandemic.

OCTA Research was referring to declining COVID-19 positivity rate, referring to the number of people infected among those tested, well below the World Health Organization (WHO) benchmark of 5% or less .

The Department of Health (DOH) on Thursday reported a positivity rate of 4.9%, still within the WHO benchmark for the second day in a row. This means that of the 43,357 people tested, 2,124 tested positive for the virus.

However, OCTA Research’s Ranjit Rye noted during a press briefing that the country has yet to meet its vaccination targets and the government should focus on provinces as the vaccination rhythm across the country except in the National Capital Region (NCR), remained slow.

“OCTA’s consistent recommendation is that the government maintain extensive tracing, testing and isolation. Also, we focus a lot on the NCR and places like Metro Davao and Cebu… Vaccination is very high in the NCR, but quite low everywhere else, ”Rye told reporters on Thursday.

“We still have a long way to go. Only 35 percent of the target adult population have been fully immunized. So we are not yet where we are supposed to be. There is so much to do in terms of immunization.” , he added.

Vaccination still slow

Based on November 10 data from the National COVID-19 Dashboard, 30.5 million Filipinos had been fully vaccinated, representing 36.5% of the eligible population, while 36.3 million had received their first vaccine.

A student gets vaccinated against COVID-19 in the gymnasium at Tarlac State University. (Photo courtesy of the Tarlac City Information Office)

By region, Metro Manila led the way with 88.1% of the target population fully vaccinated as of Nov. 2, while the rest of the regions lagged behind with vaccination rates of 39% and below.

The Bangsamoro Autonomous Region in Muslim Mindanao ranked last with vaccination coverage of just 9.8 percent.

The OCTA reported that the NCR positivity rate had already fallen to 3% as of November 10, the lowest since testing began during the pandemic. The positivity rates in the cities of Cebu and Davao are also down to 2% and 5%, respectively.

Contract tracing is improving

The WHO said a positivity rate of less than 5% should be maintained for at least 14 days, the maximum incubation period, to indicate that COVID-19 is contained in the country.

The efficiency of contact tracing improved to a ratio of 1:30 in Metro Manila, said Guido David, another OCTA researcher. This means that for each case detected, 30 close contacts are found.

“Contact tracing is good right now. And the level of testing is appropriate for the population, at least in the NCR, ”David said at the same press briefing.

In May, the National Task Force Against COVID-19 lowered its contact tracing standard to 15 more “realistic” contacts per patient from the original standard of 1:37. This was when the actual contact tracing ratio was only around 1: 7.

Rye said the budget for contact tracing should be maintained until next year, as it is expected to run out soon.

“We cannot have contact tracing without paying for contact tracers. It is an activity that calls for a specialized workforce. The government has to pay for it, ”Rye said.

However, the proposed budget for next year does not include any allocation for contact tracing. Virus case update

In the meantime, the DOH said daily new infections fell to 1,974, down from the previous day’s high of 2,646. That brought the number of cases to 2,811,248.

Of the total of 28,660 active cases, the majority, 62.1%, had mild symptoms.

There were 2,388 new survivors who were added to the total recovery number of 2,737,722.

The death toll rose to 44,866 after 142 more deaths were recorded.

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Jollibee and McDo offer selected stores as vax sites https://apasl2019manila.org/jollibee-and-mcdo-offer-selected-stores-as-vax-sites/ https://apasl2019manila.org/jollibee-and-mcdo-offer-selected-stores-as-vax-sites/#respond Tue, 09 Nov 2021 08:33:00 +0000 https://apasl2019manila.org/jollibee-and-mcdo-offer-selected-stores-as-vax-sites/ MANILA – The Jollibee Group and McDonald’s Philippines have offered selected stores as vaccination sites in support of the government’s fight against COVID-19, a public-private COVID-19 task force said on Tuesday. The T3 (Test, Trace, Treat) working group said Jollibee and McDonald’s offered selected stores in Region 3, Region 4 and other key cities outside […]]]>

MANILA – The Jollibee Group and McDonald’s Philippines have offered selected stores as vaccination sites in support of the government’s fight against COVID-19, a public-private COVID-19 task force said on Tuesday.

The T3 (Test, Trace, Treat) working group said Jollibee and McDonald’s offered selected stores in Region 3, Region 4 and other key cities outside of Metro Manila for 2 weeks to be used as vaccination sites to help the government meet its national goal of 1.5 million vaccines. Filipinos per day.

“We are ready to donate the space in our stores for 2 weeks in November, to help LGUs administer the first doses for the eligible population of adults and 12 to 17 year olds,” said the CEO of McDonald’s, Margot Torres.

Based on the proposal, the 2 restaurateurs would work with the LGUs responsible for implementing vaccinations, he said.

“Our teams can work with DOH regional offices to ensure safety measures and proper vaccination implementation in stores identified for use as vaccination sites. We expect to be able to perform 150-300+ jabs per day depending on the location, size and layout of the store, ”said Pepot Miñana, Jollibee Group Director of Sustainability and Public Affairs.

Tsar Sec vaccine. Carlito Galvez approved the proposal to LGUs nationwide, the group said.

The two companies are part of the business sector collaboration called the Ingat Angat Campaign to educate the public about COVID-19 and vaccines, as well as support the government’s vaccination campaign.

The government aims to fully immunize 77.1 million Filipinos this year, but has so far only met 38.6% of that target as of November 8, more than 8 months after the deployment began.

While Metro Manila has now fully immunized over 88% of its target population, other regions are lagging behind, based on the latest regional vaccine data.

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Galvez urges LGUs to enact ordinances to support ‘vaccine non-preference policy’ https://apasl2019manila.org/galvez-urges-lgus-to-enact-ordinances-to-support-vaccine-non-preference-policy/ https://apasl2019manila.org/galvez-urges-lgus-to-enact-ordinances-to-support-vaccine-non-preference-policy/#respond Sat, 06 Nov 2021 22:28:00 +0000 https://apasl2019manila.org/galvez-urges-lgus-to-enact-ordinances-to-support-vaccine-non-preference-policy/ A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in this illustration taken on October 30, 2020. (REUTERS file photo / Dado Ruvic) MANILA, Philippines – Local governments should enact ordinances to support a “no vaccine preference policy” to discourage the public from having brand preferences, said […]]]>

A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in this illustration taken on October 30, 2020. (REUTERS file photo / Dado Ruvic)

MANILA, Philippines – Local governments should enact ordinances to support a “no vaccine preference policy” to discourage the public from having brand preferences, said Secretary Carlito Galvez Jr., head of vaccines at the country, in a statement released on Saturday.

Galvez said this was part of the government’s efforts to achieve immunization coverage of 70 percent of its target population of 54 million by the end of November.

“It will be a taste, as we push for mandatory vaccination, especially for those who are very vulnerable and residents who live in high density populations,” said Galvez.

Galvez also said the Home and Local Government Department ordered local government units to distribute COVID-19 vaccines in the “fastest manner”.

While vaccination of minors between the ages of 12 and 17 was allowed, Galvez reminded local governments to prioritize people at high risk for the disease, such as the elderly and those with co-morbidities.

“We will encourage LGUs with high achievements and give penalties to those who underperform, especially in the distribution and administration of these life-saving doses,” said Galvez.

In a related development, the government is expected to hold a national immunization day during the last week of November with the goal of delivering at least five million doses.

Meanwhile, 37,355,164 people – or 48.43% of the target population – received at least one dose as of November 4.

The government also administered a total of 62,474,334 vaccines nationwide, bringing the total number of fully vaccinated people to 28,718,856, or 37.23 percent of the country’s target population.

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AT M

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PH hits a single day 1M of Covid-19 jabs administered https://apasl2019manila.org/ph-hits-a-single-day-1m-of-covid-19-jabs-administered/ https://apasl2019manila.org/ph-hits-a-single-day-1m-of-covid-19-jabs-administered/#respond Fri, 05 Nov 2021 10:03:00 +0000 https://apasl2019manila.org/ph-hits-a-single-day-1m-of-covid-19-jabs-administered/ JABS US. A forklift operator transfers boxes of Pfizer Covid-19 vaccine to a refrigerated van at Terminal 3 at Ninoy Aquino International Airport in Pasay City on October 28, 2021. Friday and Saturday (November 5 and 6), 1,733,940 doses from the United States – the hits will happen. (ANP photo by Avito Dalan) MANILA – […]]]>

JABS US. A forklift operator transfers boxes of Pfizer Covid-19 vaccine to a refrigerated van at Terminal 3 at Ninoy Aquino International Airport in Pasay City on October 28, 2021. Friday and Saturday (November 5 and 6), 1,733,940 doses from the United States – the hits will happen. (ANP photo by Avito Dalan)

MANILA – The government met its goal of administering at least one million coronavirus vaccines per day as the daily vaccination rate gradually increased after the weekend and All Saints’ Day.

The country reached that goal Thursday with 1,119,389 injections, a gradual increase from 932,762 doses Tuesday to 948,521 Wednesday.

Data from the National Covid-19 Vaccination Dashboard showed that the Philippines has already administered 62,474,334 doses nationwide.

In the National Capital Region (NCR), approximately 88.86 percent of the eligible population are now fully immunized.

There are 28,718,856 Filipinos who have completed their protection against the dreaded disease, representing 37.23 percent of the estimated 110 million people.

The average daily injections administered over the past seven days were 608,878 doses.

In an interview on Friday, the head of the National Covid-19 Task Force and Secretary to the Vaccine Czar Carlito Galvez Jr. cited the need to further accelerate the vaccination program, especially in areas with low risk where one is very hesitant to vaccinate.

Citing a local survey, Galvez said 20-30% of the population are reluctant to get vaccinated against Covid-19.

“If we translate this, it will be more or less 20 to 30 million. As the Israeli experts have said, if you have more than 20 million people moving around without being vaccinated, we cannot get out of this pandemic,” he added.

So far, Galvez said the country has an adequate supply of vaccines, and more vaccines will arrive in the coming weeks.

“With the abundance of supply that we are heading towards right now, we see that one day we will incentivize those who are vaccinated. This means we will give the vaccinated more incentives to move while the unvaccinated. will be restricted, ”he said.

The Philippines received 108,912,560 doses of the Covid-19 vaccine, with 866,970 additional doses of Pfizer-BioNTech arriving on Friday evening and 866,970 more on Saturday. (ANP)


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400 Bulakenyos youth receive 2nd COVID-19 jab – Manila Bulletin https://apasl2019manila.org/400-bulakenyos-youth-receive-2nd-covid-19-jab-manila-bulletin/ https://apasl2019manila.org/400-bulakenyos-youth-receive-2nd-covid-19-jab-manila-bulletin/#respond Thu, 04 Nov 2021 02:58:00 +0000 https://apasl2019manila.org/400-bulakenyos-youth-receive-2nd-covid-19-jab-manila-bulletin/ New / Metro / 400 young Bulakenyos receive 2nd COVID-19 jab 400 young Bulakenyos receive 2nd COVID-19 jab A total of 400 Bulakenyos who received their first COVID-19 vaccine last October 14 lined up on Thursday, November 4 to receive their second Pfizer vaccine at the Vista Mall in the town of Malolos, Bulacan. Students […]]]>

400 young Bulakenyos receive 2nd COVID-19 jab


A total of 400 Bulakenyos who received their first COVID-19 vaccine last October 14 lined up on Thursday, November 4 to receive their second Pfizer vaccine at the Vista Mall in the town of Malolos, Bulacan.

Students line up at 6 a.m. on Thursday, November 4 on the second floor of the Vista Mall along the MacArthur Highway in Barangay Longos, town of Malolos, Bulacan to receive their second dose of Pfizer COVID-19 vaccine. (Freddie C. Velez / MANILA BULLETIN

Lilian Antonette Fan, an information technology graduate student at Bulacan State University (BSU), said she decided to get the vaccine to protect her from serious infection and even death.

Governor Daniel R. Fernando said most of the people who were due to receive their second jab at Vista Mall are students from different schools in Bulacan, including BSU and Bulacan Polytechnic Colleges, and AMA Computer Learning Center in the town of Malolos.

He encouraged young people, ages 12 to 17, to get vaccinated against COVID-19 by filling out the registration form at tinyurl.com/BULACANPediaReg for pediatric vaccination.

On Wednesday, November 3, Bulacan province began vaccination of the pediatric age group, 12 to 17 years old, at the Bulacan provincial COVID-19 vaccination site, at the Hiyas ng Bulacan convention center in the town of Malolos.

Fernando said the total underage population in the province is 500,000 and vaccination of children with co-morbidities is a priority.

He also stressed the importance of getting vaccinated, especially now that minors can get out of their homes and play contact sports, as quarantine restrictions have been relaxed in the province below Alert Level 2.

Fernando said he would only allow limited face-to-face lessons in the province when students have already been vaccinated against COVID-19.

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37k children with comorbidities also vaccinated https://apasl2019manila.org/37k-children-with-comorbidities-also-vaccinated/ https://apasl2019manila.org/37k-children-with-comorbidities-also-vaccinated/#respond Tue, 02 Nov 2021 16:30:00 +0000 https://apasl2019manila.org/37k-children-with-comorbidities-also-vaccinated/ A total of 37,964 minors with comorbidities between the ages of 12 and 17 have already been vaccinated against COVID-19, the National Vaccination Operations Center (NVOC) announced on Tuesday. “We have started the deployment of [vaccination] aged 12 to 18 with co-morbidities in other areas on October 29, ”NVOC President Myrna Cabotaje said at Laging […]]]>
A total of 37,964 minors with comorbidities between the ages of 12 and 17 have already been vaccinated against COVID-19, the National Vaccination Operations Center (NVOC) announced on Tuesday. “We have started the deployment of [vaccination] aged 12 to 18 with co-morbidities in other areas on October 29, ”NVOC President Myrna Cabotaje said at Laging Handa’s briefing. Cabotaje said as of October 31, 59.3 million doses had been administered nationwide. About 31.9 million people have received at least one dose while 27.3 million have been fully immunized against the disease. She said 1.6 million or 99.75 percent of health workers received at least one dose while 1.5 million or 95.35 percent received two doses. At the same time, at least 2.7 million doses of Sputnik V’s COVID-19 vaccine will arrive in the country today, bolstering the government’s vaccination campaign, especially in remote areas, the spokesperson said. presidential Harry Roque. Roque, also a spokesperson for the Interagency Working Group on Emerging Infectious Diseases, said the cargo would arrive at Ninoy Aquino International Airport (NAIA). He said the latest vaccine shipments to the country of more than two million doses of Pfizer COVID-19 vaccine were donated by the United States through the Covax facility. With the supply, Roque encouraged the public to get vaccinated for the protection of all. “There is no longer any reason not to be vaccinated. Vaccination will protect us and our loved ones, ”he said. Meanwhile, Cabotaje also pushed for vaccination of the elderly. Currently, about 5.1 million or 62.30 percent of elderly people have received at least one dose while 4.7 million or 57.65 percent have been fully immunized, slightly higher than 56.22 percent. hundred reported by Cabotaje previously. Cabotaje said the government was struggling to meet its goal of 70 percent of people vaccinated due to reluctance to vaccinate. “Before, our problem was the lack of vaccines. Now that we have vaccines, we find it difficult to urge those who hesitate, ”Cabotaje said. “But with the opening up of the rest of the adult population… I hope we can speed up vaccination for 12 and over,” she said. Cabotaje said the Philippines recorded an average daily jab rate of 500,000 over the past week. Meanwhile, she said authorities expect to have fully immunized the eligible population in the national capital region by November or December. “We expect this November to hit 18 and up. But let’s remember that not all vaccinated in the NCR are from the region,” Cabotaje said. According to Roque, the country has received more than 100 million doses of the COVID-19 vaccine as of October 28. Meanwhile, the National Covid-19 Task Force and Vaccine Czar Secretary Carlito Galvez Jr. have praised the United States’ efforts to increase vaccine supply in the country. Galvez said the newly arrived Pfizer vaccine and those later will be distributed in different cities across the country. With immunization rates improving in Metro Manila, Galvez expressed confidence that the protection of the population will be achieved by mid-November. a sort of normality in Metro Manila given that Metro Manila has the highest vaccination rate, with around 92 percent of the first dose and over 80 percent fully vaccinated. And with the upcoming childhood immunizations for Metro Manila, we (will) step up its protection, ”said Galvez. With Covid-19 vaccine supply no longer an issue, he said the president had asked all LGUs and provincial officials to step up or speed up their vaccination programs to use all available vaccines.

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The government keeps its GDP growth target down https://apasl2019manila.org/the-government-keeps-its-gdp-growth-target-down/ https://apasl2019manila.org/the-government-keeps-its-gdp-growth-target-down/#respond Mon, 01 Nov 2021 16:34:17 +0000 https://apasl2019manila.org/the-government-keeps-its-gdp-growth-target-down/ THE GOVERNMENT is to retainits lower gross domestic product (GDP) target for 2021, as it aims for economic growth to exceed 5% for the second half of the year as foreclosure restrictions are further relaxed. “Certainly, the DBCC (Development Budget Coordination Committee) maintains its objective as we announced at the last meeting,” said Finance Secretary […]]]>

THE GOVERNMENT is to retainits lower gross domestic product (GDP) target for 2021, as it aims for economic growth to exceed 5% for the second half of the year as foreclosure restrictions are further relaxed.

“Certainly, the DBCC (Development Budget Coordination Committee) maintains its objective as we announced at the last meeting,” said Finance Secretary Carlos G. Dominguez III during a press briefing.Fing.

In August, the government reduced its economic growth target to 4-5% from 6-7% previously to reflect the effTighter mobility restrictions declared to curb Delta-induced 2019 coronavirus disease (COVID-19) outbreak in Metro Manila.

Since then, the government has switched to a new alert level system to allow more businesses to reopen in areas with low infection rates.

Deputy Finance Secretary and Chief Economist Gil S. Beltran said at the same briefing that the economy would need to grow 5% to 5.5% in the second half of the year to meet the annual target.

“We are now at 3.8% (at Fifirst half), so it would have to be slightly above 5% to be able to reach the upper end of the target, ”he said.

The economy grew 11.8% in the second quarter after declining 3.9% in the Fifirst three months of the year. It had emerged from the recession in the second quarter after five consecutive quarters of decline.

Third quarter GDP data will be released on November 9.

International organizations have lowered their economic growth projections for the country as the Delta variant epidemic has weakened consumer and business confidence.

The International Monetary Fund lowered its forecast for Philippine GDP for 2021 to 3.2%, from 5.4% in June. Fitch Ratings lowered its projection to 4.4% from 5%, while the ASEAN + 3 Macroeconomic Research Office lowered its forecast to 4.3% from 6.4%.

The National Economic and Development Authority (NEDA) said last week that downgrading Metro Manila’s lockdown restrictions to less stringent Alert Level 2 could add 3.6 billion pesos to the economy and 16,000 jobs every week. Lower alert levels allow more mobility and business activity.

If moved to Alert Level 1, an additional 10.3 billion pesos would be added to the economy, along with 43,000 jobs every week, NEDA said.

“More and more people are living with the virus from pandemic to endemic mode. And we think this is a very good opportunity to open up the economy more, to accept the virus as an integral part of our life and to treat it like a flu that will come from time to time, ”said Karl Kendrick. T. Chua, Secretary for Socio-Economic Planning. said last week.

“The vast majority have proven that they can live with the virus and stay safe, and contribute to the economy.”

Metro Manila will remain under the stricter Alert Level 3 until November 14 to prevent an increase in COVID-19 cases.

The government aims to fully immunize 70 million people by the end of 2021.

About 26.8 million or 25% of the Filipino population have been fully vaccinated against the virus, the Johns Hopkins University tracker showed. – Jenina P. Ibañez


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