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Roy Canivel

@roycanivel_inq

4 May

In 2020, a group of companies repurposed their facilities to make PPEs, after the DTI asked for help. Now, they can make 36 million medical grade coveralls and isolation gowns yearly, among other PPEs.

But the government only bought some of it, a weak demand that led to layoffs

As of the third quarter of 2020, the Confederation of Philippine Manufacturers of PPE (CPMP) has a total capacity to make 720 million units of face masks, 36 million units of coveralls and isolation gowns and 120 Million units of PPE related accessory covers.

CPMP said they joined the government’s nationwide procurement program around the end of November to December, although there were members that had already been supplying to the government before that.

Read 8 tweets

Roy Canivel

@roycanivel_inq

16 Sep 20

Congress snuck a provision in the new Bayanihan law to keep the Philippine Competition Commission from going after problematic mergers and acquisitions — a provision that was neither consulted with the PCC nor included in the original approved versions of the bill.

For two years, companies will not be legally required to notify the PCC about their M&A, unless the deal is priced beyond P50 billion, according to the Bayanihan to Recover As One Act, or Bayanihan II, which President Rodrigo Duterte signed earlier this month.

The same law also bars the PCC from launching its own investigations of questionable M&As that cost below P50 billion, even if it had a reason to suspect the deal might harm consumers and other market players. This will last for a year.

Read 18 tweets

Roy Canivel

@roycanivel_inq

19 May 20

The economic stimulus bill co-authored by Cong. Stella Quimbo includes P20 billion solely for mass testing.

If it gets passed, 20 million Filipinos could get tested, regardless if they are showing symptoms or not, through antibody rapid kits. They could get tested twice.

@TeacherStellaQ

Mass testing, @TeacherStellaQ clarified, does not mean testing everyone, but it means testing a huge number of Filipinos to an extent that even asymptomatic carriers will also be tested.

Mass testing could also lead to some false negatives. But not mass testing could be worse.

Under the Philippine Economic Stimulus Act or Pesa, P10 billion will be allotted for mass testing this year, and another P10 billion for 2021, so that there will be a faster economic recovery and a safe working environment.

Read 21 tweets

Roy Canivel

@roycanivel_inq

16 May 20

Retailers are concerned that neither their customers nor their employees will come under MECQ, after the government allowed most businesses to resume operations but banned mass transportation, a business group said.

To make matters worse, they are worried that mall operators might start charging them for rent, said the Philippine Retailers Association, at a time when they are not even sure if they would any have any workforce or consumers.

PRA Vice Chairman Roberto Claudio called out the inconsistencies in the new quarantine rules, which still have not been ironed out by the government on May 15, the last day of the enhanced community quarantine.

Read 10 tweets

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