News Report
17 November 2020 Local
1. COVID-19 tally of Phl cases
The Philippine Star, 16 November 2020, p. 1
New COVID-19 cases: 1,738 Active cases: 27,369
Death toll: 7,839 (+7) Recoveries: 374,366 (+45) Total number of confirmed cases: 409,574
2. State of Calamity pushed for Luzon The Manila Times, 17 November 2020, p. 1
The National Disaster Risk Reduction and Management Council (NDRRMC) will make a recommendation to President Duterte to place Luzon under a state of calamity due to the extensive damages of Typhoon “Quinta,” “Rolly” and “Ulysses.”
3. House to probe flooding in Cagayan, Isabela The Philippine Star, 17 November 2020, p. 1
House of Representative officials, led by House Speaker Lord Velasco, have filed House Resolution 1348 which directs the respective committee to investigate the reason for the heavy flooding that submerged Isabela and Cagayan Province during the onslaught of Typhoon Ulysses.
4. Duterte to join virtual APEC leaders’ summit The Philippine Star, 17 November 2020, p. 2
Presidential Spokesperson Harry Roque reported that President Duterte will be participating in the virtual Asia Pacific Economic Cooperation (APEC) leaders’ summit on Friday, November 20. The leaders’ are expected to discuss ways to address the health and economic impact of the COVID-19 pandemic.
Korea -
Economic
5. Fitch: RCEP to benefit participating nations The Manila Times, 17 November 2020, p. B1
The Fitch Solutions expects that the Regional Comprehensive Economic Partnership (RCEP) will bring out positive impact for participating nations, as it will reduce tariffs and increase market access. The RCEP will also simplify rules and procedures for the free trade agreements (FTA) in the region.
6. PH economy in for a big comeback in 2021, Morgan Stanley bets The Philippine Daily Inquirer, 17 November 2020, p. B3
Morgan Stanley Research forecasts the Philippine’s gross domestic product (GDP) growth to 13.5% in 2021. Morgan Stanley added that the country is set to have an economic rebound in the first quarter of 2021, as the COVID-19 situation improves and vaccine availability nears.
