Issue of May 8, 2022
     
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Ukraine urges PH firms to stop doing business with Russia
by PNA

Ukrainian Ambassador to the Philippines Olexander Nechytaylo appealed to Filipino companies to weigh the “moral aspect” of doing business with Russia amid the continuing war in the country.

“It’s not right to pay taxes in a country that is using that money to continue the bloody war and the war against humanity. Some do it for a very practical reason because the international community imposed unprecedented sanctions against Russia. You have to understand that this level of sanctions has never been imposed on any country before,” he said in a media roundtable.

“If you compare the potential revenue or potential profit of continuing working with Russia, and if you compare the potential loss, the loss would be much more. Therefore I call upon the Philippine business community to cease the business operations in Russia,” he added.

Nechytaylo said the global economy would remain volatile as long as the Russia-Ukraine conflict continues.

While Kyiv is far from Southeast Asia, he said the war also affects the region in many other ways, including in the area of food security.

“Wheat constitutes the largest commodity that we sell to the Philippines, so obviously with the war taking place in Ukraine, these kinds of supplies can be disrupted. And it may lead to or have already led, perhaps to the increase of the price for the food,” he said.

“(Another) consequence is not just the food security, but also the increase of the global price or the volatility of the global economy. You’ve already seen the increase in the price of petroleum and other energy sources so it’s going to have a tremendous global impact. That’s one of the reasons why we believe the international community should care,” he added.

Nechytaylo also urged Filipinos to help fight disinformation about the war.

He said back in Ukraine, his immediate family witnessed first-hand how the Russian military strikes pulverized homes and buildings in their community.

He said his friend’s daughter, a 14-year-old national weightlifting champion, was also one of the strikes’ civilian casualties.

The envoy said since the beginning, the war with Russia was not only a fight between Kyiv and Moscow but a “war between autocracy and democracy”.

“This is the battle of values and we believe those countries who propagate and advocate democratic values should be on the side of international law and on the side of justice,” he said.

 
Read more:
 
Low agri output of CAR in ‘21 due to ASF, crop damage
   
DTI warns business owners price tagging is mandatory
   
25 PDLs in MP complete TESDA construction painting training
   
BSP hits 2021 target on digital economy
   
CAR unemployment down to 5.4% in 2020
   
BOC posts P10 B surplus
   
DA urges farmers to follow seeding rate to save on costs
   
Financing options enhance competitiveness of MSMEs
   
6,000 farmers, fisherfolk in Benguet receive P5,000 aid
   
DOST says PHL should pursue developing high value products
   
Palace says more people have jobs this year than in 2021
   
Expanded Golden Rice seed prod’n begins
   
NEDA hosts for a on PCA
   
New law to propel electric vehicle industry in PHL
   
Countryside dev’t to help spur tourism
   

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BUSINESS
Low agri output of CAR in ‘21 due to ASF, crop damage

DTI warns business owners price tagging is mandatory

25 PDLs in MP complete TESDA construction painting training

BSP hits 2021 target on digital economy

CAR unemployment down to 5.4% in 2020

BOC posts P10 B surplus

DA urges farmers to follow seeding rate to save on costs

Financing options enhance competitiveness of MSMEs

6,000 farmers, fisherfolk in Benguet receive P5,000 aid

DOST says PHL should pursue developing high value products

Palace says more people have jobs this year than in 2021

Expanded Golden Rice seed prod’n begins

NEDA hosts for a on PCA

New law to propel electric vehicle industry in PHL

Countryside dev’t to help spur tourism



Baguio Country Club
Congressman Eric Yap
Department of Agriculture – CAR
Department of Health – CAR
Department of Human Settlements and Urban Development
Department of Labor and Employment – CAR
Gov. Melchor Daguines Diclas, MD
National Grid Corporation of the Philippines
Pines City Colleges
Sangguniang Panlalawigan
Sangguniang Panlungsod
SiTEL
SM
The Department of Transportation – Land Transportation Office CAR
The Manor

Amare La Cucina
Baguio Center Mall
Baguio Water District
Benguet Electric Cooperative, Inc.
Benjamin CID Educational Supply
Bruno’s Restaurant
Bureau of Aquatic Resources – CAR
C & Triple A Supermart
Congressman Mark Go and Sol Go
Department of Environment and Natural Resources – CAR
Mayor Benjamin B. Magalong
Mayor Romeo K. Salda
MV Alabanza Longganisa
Overseas Worker Welfare Administration – CAR
Philex Mining Corporation
Regional Development Council – CAR National Economic and Development Authrority – CAR

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