24 C
Zamboanga City
Friday, January 22, 2021

Financial adviser counsels vs buying liquor

Must read

Financial adviser counsels vs buying liquor

by Sherwin Sierda ZAMBOANGA CITY—A financial adviser of AXA Philippines expressed her call for wise spending as cases of...

Zambo off to visitors, homecomers as LSI moratorium stays in effect

by Maria Atilano Mayor Beng Climaco PHOTO COURTESY OF CITY INFORMATION OFFICE ZAMBOANGA CITY—Entry to...

Zambo residents recall past year’s typhoons

by Sherwin Sierda ZAMBOANGA CITY—Residents of the city recalled natural disasters of last year as they admit to...

Business is back!

Sidewalk vendors, crafters and traders continue earning a decent living as they do their craft or sell...

by Sherwin Sierda

ZAMBOANGA CITY—A financial adviser of AXA Philippines expressed her call for wise spending as cases of COVID-19 are up on a hike, even with the corresponding increase in recoveries.

“In   this time of pandemic, people should learn how to spend their money. Instead of buying liquor, priorities first the basic needs of the family,” said Cecile Fernandez, a financial adviser of AXA Philippines life insurance and investment.

Amidst this pandemic, people are taking for granted the protocols being implemented by the government, Fernandez said. 

It was actually on Saturday, October 24, when Mayor Beng Climaco-Salazar signed Executive Order No. 607-2020 an Act of strengthening of Executive Order 595-2020.

Section 2 (7) of said Executive Order 607-2020 provided for, among others, the implementation of liquor ban from Monday to Sunday. “Drinking in public places such as road, alleys open space, and other similar places is strictly prohibited every day at any given time and shall be penalized in accordance with the existing laws and ordinance.”

Despite said law,  people continuously conduct parties and gatherings in some public places without regard on the supposed threat on COVID-19.

The imposition of Executive Order 607-2020 Section 2 (7) actually lessens the transmission of the deadly virus which can be acquired while drinking alcoholic beverages, Fernandez said, as she opined that this happens when the glass being used for drinking is sometimes passed to everyone in a group which is dangerous and one of the persons in the group might become a carrier of the virus.

The prohibition of “drinking in public spaces” teach people to be wiser in their money, she said. 

As a downside however, sales and income of the business owners who sell liquor and alcoholic beverages were either zero or extremely low.

Shirley Fernandez, owner of a local eatery, said, “It has affected me a lot. More so, when the Executive Order on Liquor Ban has been implemented. The fact that this small business is the only source of income that we have, it is really hard for me to adjust up until now. For the reason that losses are greater than income compared to pre-pandemic. Daily Income loss goes approximately until 60%.”

The government’s implemented stricter rules has been beneficial for Zamboangueños to be wiser financially.  Consequently, the ban likewise helps control the spread of COVID-19. (John Christian Saavedra)

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

Financial adviser counsels vs buying liquor

by Sherwin Sierda ZAMBOANGA CITY—A financial adviser of AXA Philippines expressed her call for wise spending as cases of...

Zambo off to visitors, homecomers as LSI moratorium stays in effect

by Maria Atilano Mayor Beng Climaco PHOTO COURTESY OF CITY INFORMATION OFFICE ZAMBOANGA CITY—Entry to...

Zambo residents recall past year’s typhoons

by Sherwin Sierda ZAMBOANGA CITY—Residents of the city recalled natural disasters of last year as they admit to...

Business is back!

Sidewalk vendors, crafters and traders continue earning a decent living as they do their craft or sell...

Regatta de Zamboanga A Year Hence

A look back at the 2019 Regatta de Zamboanga where competitors for the sail racing contest were preparing their colorful Vinta...