TAGUIG CITES SINGAPORE AS MODEL FOR ECONOMIC RECOVERY
City receives face masks from Singapore, Filinvest
Taguig City Mayor Lino Cayetano and the Ambassador of Singapore to the Philippines Gerard Ho met and discussed about economic recovery at SM Aura Office Tower in BGC on Wednesday, September 22.
Taguig City expressed sees Singapore as its model for how the country facilitated its economic recovery in the midst of a pandemic.
Despite the surge of COVID-19 cases and threat to the economy, Taguig has made sure that the confidence level of businesses in the City is still at high. The City was able to collect P10B revenue, which is over its target and exceeded the projections of Bureau of Local Government Finance.
In the same event, Filinvest Land Inc. Director Francis Gotianun turned over a total of 180,000 medical-grade surgical face masks to the Local Government of Taguig as part of the Temasek Foundation’s Stay Masked Program where they donated 2 Million face masks to the Philippines.
Temasek Foundation is the non-profit philanthropic arm of Singapore’s investment company Temasek Holdings which has been partnering with Filinvest in providing donations of medical supplies and accessories to contribute to the country’s fight against COVID-19.
Taguig has vaccinated 242 Filinvest employees and 15 employees from the Embassy of the Republic of Singapore.
Similar to Singapore, Mayor Lino continues to encourage Taguigeños to adapt in the new normal by gradually shifting people’s mindset to living with the virus and develop behavioral changes such as wearing face masks and social distancing.
As of September 20, Taguig has 227 active cases per 100,000 population and the City has been consistent in having the lowest in Metro Manila, compared to the National Capital Region’s average of 259. The City’s numbers remain low despite having conducted 201,318 tests, the most done by any local government.
Taguig has also been consistent in having the lowest Case Fatality Rate at 0.72% compared to NCR’s average of 1.85 percent.