KUWTT: Marcos must face key issues head-on | October 8, 2022

Have a good day. Here are the stories from the Manila Times for Saturday, October 8, 2022.

READ: Marcos has to deal with key issues ‘head-on’

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PRESIDENT Ferdinand “Bongbong” Marcos, Jr. must “confront pressing national concerns head-on” as he celebrates his first 100 days in office, a political analyst said Friday. Dr. Froilan Calilung, who teaches political science at the University of Santo Tomas, made the observation after the Marcos administration scored favorably on 11 out of 13 key issues facing the country in the latest Pulse Asia survey. . Speaking at a public briefing, Calilung said overall the president “did well” in his first three months, scoring low only in fighting inflation, the unemployment and low wages.

READ: PH fiscal rebound is gradual but ‘on track’

The Philippines remained on track for gradual fiscal consolidation over the next few years thanks to strong income growth despite increased fiscal spending, Fitch Solutions said on Friday. In a report emailed to the Manila Times, the credit information provider said it expects the country’s budget deficit to reach 7.6% of gross domestic product (GDP) in 2022 and 6 .0% in 2023 versus 8.6% in 2021. Fitch Solutions made the forecast after the Senate Economic Planning Office released its macroeconomic and fiscal assumptions in the 2023 National Budget Proposal on Sept. 12.

READ: Image shows possible suspect in radioman’s murder

A SLIGHTLY blurred image from a CCTV clip of the ‘person of interest’ in the ambush of veteran broadcaster Percival Mabasa was released by the Department of Home Affairs and Local Government (DILG) and police on Friday of the National Capital Region (NCRPO). During a press briefing at Camp Bagong Diwa in the city of Taguig, Secretary of the Interior Benjamin “Benhur” Abalos Jr. presented the image taken from CCTV footage acquired by Las Piñas City Police . It shows a masked man wearing a red polo shirt over a white t-shirt, blue pants, and a waist pouch. Abalos urged the man in the image to turn himself in, warning that hiding only puts him in danger as those who orchestrated the killing may also consider getting rid of him.

READ: Former LTFRB chief heads Palace press office

MALACAÑANG confirmed on Friday the appointment of Cheloy Velicaria-Garafil as Undersecretary and Head of the Office of the Press Secretary (OPS). Executive Secretary Lucas Bersamin confirmed Velicaria-Garafil’s appointment after announcing her resignation as chair of the Land Transportation Franchising and Regulatory Board (LTFRB). Earlier this week, Rose Beatrix “Trixie” Cruz-Angeles announced her resignation as publicist, citing health issues. Velicaria-Garafil will temporarily oversee OPS operations until a new press chief is appointed. President Marcos told reporters in Malacañang last Thursday that he would appoint a new press secretary “early next week”.

READ: SSS unveils new loan penalty plan

The Social Security System (SSS) announced a new loan penalty waiver program for qualifying members, citing the impact of the Covid-19 pandemic. In a statement to the Manila Times on Friday, the state-run social insurance program said the program will combine principal and interest from a member’s defaulted short-term loans into one consolidated loan. At the same time, all unpaid penalties will be consolidated and tolerated upon full payment of the loan. According to the SSS, members can settle their consolidated loan via a single payment within 30 calendar days of receiving notice of approval or can choose to pay in installments.

BUSINESS: DTI still optimistic about PH exports

On the business side, the Department of Trade and Industry (DTI) is still optimistic about Philippine exports, even though the World Trade Organization (WTO) predicts that global merchandise trade will only grow by 1%. in 2023. For 2022, the WTO has indexed world trade in goods to grow by 3.5%. Commerce Undersecretary for Industry Development and Trade Policy Group Cerefino Rodolfo said he was still optimistic about the country’s export industry despite the latest WTO projections for the world trade in goods.

SPORTS: Eala stays alive in W80 tilt

In sports, Filipino tennis sensation Alex Eala advanced to the W80 Rancho Santa Fe quarter-final following her 7-6(6), 6-2 win over Canadian Katherine Sebov at the Rancho Santa Fe Tennis Club in California, USA on Friday (Philippines time). Eala had to resist a shaky opening set where she double faulted six times and followed Sebov into the tiebreak, 3-5.

READ: Opinion and Editorial

Antonio Contreras, Yen Makabenta and Danton Remoto are the front-page columnists today. Contreras tackles the effects of Super Typhoon Karding, Makabenta takes on the double standard of ombudsman Samuel Martires, while Remoto tackles the end of a pandemic.

Today’s editorial believes that the Energy Regulatory Commission’s work on rate hikes is not yet complete. Read the full version in the opinion section of the newspaper or listen to the Voice of the Times.

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On behalf of the Manila Times, this is Aric John Sy Cua reporting. Have a safe weekend.

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