I was really curious how 85-year old taipan
There was only his photo on the screen. Just the same, he sounded fine and pleased when he delivered his short report.
He had reasons to be. The conglomerate ended 2019 with a record-high profit of
Props to his son Michael who leads the
The prospects for this year, however, are dim because of the coronavirus disease 2019 or COVID-19 pandemic. "With COVID-19, this year will be very challenging," he said.
Thus,LT Group is taking a "guarded outlook for 2020,"Michael told the company's stockholders, noting that sales of cigarettes throughPMFTC , liquor throughTanduay and Asia Brewery's products will likely be affected by the pandemic. Indeed, like other businesses, 2020 poses a great challenge for Kapitan's listed empire from a banner year to a difficult one.
LGU chiefs mark first year of office It's beena year ago today since our local chief executives took their oath and what a difference a year makes. Others have been eerily quiet and still unbelievably incompetent, but some are rising to the occasion especially this year as the country battles the COVID-19 pandemic.
Even Finance Secretary Carlos "Sonny" Dominguez III cited efforts by local government units that have done well to serve and help their constituents. He noted for instance the programs initiated by Mayor
Dominguez also lauded the local initiatives of the cities of Valenzuela, Davao and Candon to support their constituents. Supporting the national government I can understand the finance chief's appreciation.
The government is overwhelmed and it's not easy to look for funding for all these COVID-19 efforts. LGUs rising to the occasion would surely help ease the national government's burden.
Makati city, for instance, has allotted
It's per individual resident, not per household, the Mayora said. It seeks to jumpstart Makati's economic engine through aggressive spending.
School opening Preparations for school opening are also underway in many cities. Pasig City under the leadership of Mayor
Based on his social media posts, the young mayor of Pasig has raised
Makati, too, has its e-learning program customized for the pandemic. Mayor Binay said each learner's package contains an on-the-go flash drive containing digital learning modules, printed instructional materials for all subjects and washable face masks in a pouch.
Over 85,000 pupils from pre-school to senior high school, as well as teachers, will receive free five-hour daily internet load for the school year 2020 to 2021. I hope other LGUs can do the same. This will surely help contain the virus as children won't have to go to school and expose themselves to possible infection.
More importantly, their learning will continue in the comfort and safety of their homes. Solo parents In Quezon City, Mayor
Our nanny got a call for cash assistance. It was much appreciated.
Local chief executives need to really be creative and proactive since the pandemic won't end any time soon. Only a continued and committed response would help prevent a second wave of infection in different cities.
This is indeed the time for all LGUs to rise to the occasion.
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