PIA Davao Region

DAVAO DEL NORTE, Oct. 25 (PIA) – An expert said that if the vaccination rates will continue to rise and the COVID-19 cases will decrease, a higher chance of economic recovery is expected given that COVID-19 is the primary reason for inflation in Davao Region and the entire country. On the Philippine Statistics Authority (PSA) XI Data Dissemination Forum on the Consumers Price Index (CPI), the guest discussant from the Bangko Sentral ng Pilipinas (BSP) - Department of Economic Research Director, Dr. Jasmin E. Dacio highlighted how the CPI and the inflation rates affect the economic policies and the creation of economic recovery roadmaps. As the head of the Department of Economic Research in BSP, Dr. Dacio said that in framing the economic policies, the inflation rate is the prime factor to be considered. It is also useful in forecasting the economic recovery from the COVID-19 pandemic, she added. When asked about her opinion on the trend of the economic recovery considering the increasi...

    DAVAO CITY- The president of the Davao Tourism Association, Renato "Gatchi" Gatchalian said that it is the new role of the business owners to inform and educate their workers on the benefits of COVID-19 vaccines. “It is now our role as businessmen to let them (employees) understand na because of the situation they have to cooperate, they just have to resurrender themselves to this weapon, kasi hindi natin alam etong gyera na hindi natin nakikita ang kalaban, kelangan natin ng weapon at ang bakuna ay isang sandata . (we do not know this war, which we do not see the enemy, we need this weapon and the vaccine is the weapon). Gatchalian’s DATA along with various tourism businesses in Davao City is partnering with the City Government of Davao to vaccinate around 5,000 to 7,000 tourism workers in the city. DATA is an association of tourism and tourism-allied establishments operating in the city. Gatchalian a popular local restaurateur known for his coffee shops and themed rest...