A speedy release and spending of government appropriations could boost the Philippines' credit outlook, senators said on Tuesday, July 13. Senate of the Philippines (Senate PRIB) Senate President Pro Tempore Ralph Recto said the downgrading of the Philippines' credit outlook to negative was...
With the new coronavirus variants threatening to derail global recovery from the pandemic, President Duterte has appealed anew to the public to get vaccinated as soon as possible. President Duterte receives his second dose of Sinopharm vaccine on July 12, 2021. (Malacañang) The President said he...
Fitch Ratings has revised the Philippines’ outlook to “Negative” from “Stable” due to the national government’s weakening fiscal finances brought about by the prolonged coronavirus pandemic. Fitch Ratings Building In a statement released Monday evening, July 12, the London-based credit...
12.4M vaccinated; 1.4M total cases; 1.380M recovered; 25,650 deaths; continue mask-handwash-social distance protocol From ECQ to GCQ to ECQ – that’s how NCR, later the NCR-Plus, fought COVID-19 from June 2020 to June 2021 The surge in number of COVID-19 cases in March 2021 started the NCR-Plus...
The government will embark on an information campaign to highlight its recent achievements as well as the economic recovery program ahead of President Duterte's State of the Nation Address (SONA) later this month. President Rodrigo Roa Duterte presides over the 51st Cabinet meeting in Malacañang...
The 2022 national and local elections could be the "most serious and important" in the country's recent history due to the problems brought about by the COVID-19 pandemic, Senator Panfilo Lacson said. Senator Panfilo Lacson (Czar Dancel/MANILA BULLETIN File Photo) Lacson pointed this out as he...
As the spiritual leader of more than 1.3 billion Catholics, Pope Francis’ health invites more than just passing concern, considering that he is now 84 years old and he continues to tackle the enormous responsibilities of his office. “Pope Francis is doing well and is alert,” according to...
Both international and domestic travel demand showed marginal improvements in May 2021 although traffic remained well below pre-pandemic levels. Extensive government travel restrictions continued to hamper recovery in international traffic, according to the latest International Air Transport...
A proposed "micro-herd immunity" in malls and other workplaces will be discussed by the private sector with the national government this week. A health worker administers a coronavirus vaccine to a Manila resident during the inoculation drive held at SM Manila on July 6, 2021. (Ali Vicoy/Manila...
Publicly listed telecom, media, and tech firm Now Corporation has increased its stake in affiliate, Now Telecom Company Inc., (NTCI), to prepare for the global post-pandemic turnaround . images.jpeg-10 State regulators extended NTCI's franchise for another 25 years beginning 2018 and renewed its...
The Philippine economic recovery improved amid declining new coronavirus infections and easing quarantine restrictions, Moody’s Analytics said. In a research note on Monday, July 5, the US-based economic and financial think tank said business activities in the country are expected to pick up in...
Now, the hard part begins. After co-signing a joint manifesto of commitment with the Employers Confederation of the Philippines (ECOP), the government must demonstrate its capacity to deliver the goods: further easing business regulations, completing vital infrastructure projects, and most...
