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The Broader Look

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Work from home: Legislative foresight helps keep economy running amid pandemic

Overnight, what many businesses had taken too long to acknowledge reluctantly complying with the law’s mandate for each workplace to have its own internal implementing mechanism for telecommuting suddenly became a necessity, not an option. Indeed, it became a matter of survival for millions of workers faced with the chilling reality that the colleagues and friends and clients they mingle with each day could in fact be asymptomatic carriers or “super spreaders” of Covid-19. Or, vice versa, they could be threats to them as well.
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Stakeholders grapple with pandemic’s impact on migrants, PHL labor export policy

A decade ago, the amendment to Republic Act (RA) 8042 was enacted into RA 10022 on July 8, 2010. Those were different times. With migrant workers under pressure from health woes and employment problems in their host countries, government’s overseas employment policy deemed a temporary solution against unemployment is under scrutiny as the coronavirus disease 2019 (Covid-19) wreaked havoc on labor sending and receiving countries.
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[Backliners] Food delivery can save more lives in this pandemic

When the door closes, a window will open. It happened to Mark Leaño, 25, a rider. He was one of the Angkas riders who was disenfranchised by the government order giving 20,000 riders ceiling to the motorcycle taxi company. Then comes the pandemic. For a month he was dependent on the government 'ayuda" in his home in Tondo. But it was never sufficient for his family.
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Pandemic propels fintech platforms to frontlines, bigger presence in future

How does one fight an isolationist virus unseen by the naked eye? Use an equally invisible tool: bandwidth. With state control on people’s mobility, accessing online platforms to accomplish mundane tasks—like working and shopping—became the better option than risking exposure to a virus health authorities say are passed in people-to-people interaction. These tasks include banking and managing finances with the help of mobile applications, or apps, and financial technology, or fintech.
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Wednesdays with John Mangun: The Fed fight against Covid-19

On Tuesday morning, March 3, the US Federal Reserve met in “emergency session,” which is outside of the normally scheduled Federal Open Market Committee (FOMC) meetings. The Fed reduced its benchmark interest rate by 0.50 percent. This policy change was “aimed at shielding the US economy from disruptions caused by the global spread of COVID-19.”