Is Metro Manila's critical hospital care capacity out of the danger level? Health Secretary Francisco Duque inspects a temporary health facility at Eva Macapagal Terminal in Manila on April 26, 2021 (Ali Vicoy/ Manila Bulletin) Based on the latest computation of Malacañang, the critical care...
As the country's cases of infections continued to soar, the government is aiming to increase the number of hospital beds to provide care to patients infected with the coronavirus disease (COVID-19). Public Works Secretary Mark Villar and National Policy Against COVID-19 Chief Implementer and...
Despite stifled demand because of the re-imposition of enhanced community quarantine (ECQ) in the so-called NCR plus bubble, prices in the Wholesale Electricity Spot Market (WESM) have been hitting record-spikes in recent trading days because of the combined impact of simultaneous power plant...
More hospitals in Metro Manila are filling up with patients as COVID-19 cases continue to rise in the country. (JANSEN ROMERO / FILE PHOTO / MANILA BULLETIN) The OCTA Research Group had earlier warned that occupancy rates in Metro hospitals might reach 70 percent by the end of March. As of March...
The peso closed higher at P48.64 to the US dollar on Tuesday, (Feb. 23) from P48.70 the previous day. The weighted average rate depreciated to P48.701 from P48.562. Total volume amounted to $1.221.2 billion,...
The Bureau of Internal Revenue (BIR), the government’s main tax collection agency, has laid down its programs for the year to raise its collection performance to support its goal for a 7.23 percent increase in tax collection this year. In a statement, BIR Commissioner Caesar R. Dulay said the...
Inflation forecast adjusted upwards The central bank’s Monetary Board decided today (February 11) to keep policy settings unchanged but adjusted the inflation forecast for 2021 higher as it sees consumer price index remaining elevated for most of this year due to supply side shocks. Bangko...
The central bank’s Monetary Board is not expected to move the key rate when it meets for its first policy review for 2021 on Thursday, according to Moody’s Analytics Asia Pacific. “The Philippines’ central bank is expected to keep its key policy rate unchanged at two percent at its...
SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, has listed its latest P10 billion Fixed Rate Bond Series M and N offering through a virtual listing ceremony. SM Prime Chief Finance Officer John Nai Peng C. Ong and Philippine Dealing & Exchange Corp....
State-run Social Security System (SSS) is appealing to the House of Representatives for an “objective decision” on the proposed measures postponing the contribution rate hike for this year. In a statement, Aurora C. Ignacio, SSS president and chief executive, said the pension fund’s...
State-run Social Security System (SSS) warned that any delay in implementing the scheduled increase in contribution rate as well as minimum and maximum monthly salary credits (MSCs) could endanger the pension fund. In a statement, Aurora C. Ignacio, SSS president and chief executive, said delayed...
“Power rate reduction” tops the 2021 to-do list of the Department of Energy (DOE) to improve the attractiveness of the Philippines as an investment destination for manufacturers, who have been discouraged by the prohibitive power cost in the country. Energy Secretary Alfonso G. Cusi told...
