What's Happening in the Philippines, Local News and Philippine People
From the outside, 2020 was bringing validation to the idea behind Lex Greensill’s financial empire. His eponymous firm was seeking funds at a lofty valuation with the pitch that the pandemic laid bare small suppliers’ need to be paid quickly.
MoreThere are signs that the food inflation that’s gripped the world over the past year, raising prices of everything from shredded cheese to peanut butter, is about to get worse. The Covid-19 pandemic upended food supply chains, paralyzing shipping, sickening
MoreBUSINESSMAN Ramon S. Ang has formalized an offer to acquire the 45-percent stake of Shell Philippines Exploration B.V. (SPEX) in the Malampaya gas-to-power project, which provides fuel to power plants that deliver about one-fifth of the country’s electricity demand. Ang
MoreJRS Express Philippines, the country’s pioneering and dependable courier continues to celebrate its partnership with Isuzu Philippines in providing its customers express delivery and logistic services nationwide.
MoreImage credits: AP/Valentina Petrova More than 480,000 doses of AstraZeneca vaccines from the Covax Facility arrived in the Philippines Thursday night. The arrival of the AstraZeneca vaccines was welcomed by Philippine President Rodrigo Duterte, vaccine Czar Secretary Carlito Galvez, Department
MoreThe Philippines expressed deep concern over the recent escalation of violence in Myanmar and calls on security forces to exercise restraint and refrain from using excessive force against unarmed demonstrators. “The Philippine government reiterates its call for a complete restoration
MoreEmployers are now required to ensure the proper ventilation in their workplaces to prevent the spread of Covid-19, according to the Department of Labor and Employment (DOLE). Under his Department Order (DO) No. 224, series of 2021, Labor and Employment
MoreA BROTHER of movie actor Robin Padilla has filed a petition before the Supreme Court seeking to compel the Commission on Elections (Comelec) to declare him the duly elected vice governor of Camarines Norte. In a 19-page petition for writ of mandamus,
MoreBAGUIO CITY, the country’s summer capital of old, has scrapped Covid-19 testing for all visitors, much to the consternation of its residents. Other local governments such as that of Bohol have likewise scaled back their requirements for inbound tourists, after
MoreImage credits: Nonie Reyes THE corporate sector is expected to start showing sustained signs of recovery starting this year and will continue up until 2022, the Bangko Sentral ng Pilipinas (BSP) said. In a press briefing on Thursday, BSP Governor
MoreImage credits: Nonie Reyes THE Taal Volcano eruption and succeeding typhoons last year alone cost the Philippines P113.4 billion in damage and losses, according to the National Economic and Development Authority (Neda). In a statement at the Ready to Rebuild
MoreTHE Department of Agriculture (DA) said it is eyeing a budget next year higher than P90 billion to address current problems of the sector and to put in place a “buffer fund” that would allow it to procure farm and
MoreFINANCE officials on Thursday defended related bills taxing Philippine offshore gaming operators (POGOs) in a move seen to provide additional funds for the cash-strapped government, whose revenue base was eroded during the pandemic’s crippling lockdowns. Appearing at a virtual hearing
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Kuala Lumpur, Malaysia / SEAPRWire / Malaysia is a new battlefield for Crypto Assets giants. They leverage AsiaPresswire’s Malaysia press release distribution services to build their brand image and draw awareness of investors. Marketers in the Crypto Assets industry are recognizing the value
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Image credits: Nonie Reyes THE rising costs of goods and unimproved mobility in the country are key risks that may hamper hopes of economic recovery for the country this year, an international credit watcher said. In a webinar on Wednesday
MoreImage credits: Nonie Reyes IF the trend continues, the National Capital Region (NCR) will record 2,200 cases per day by the end of March 2021, the country is projected to have 665,000 Covid-19 cases and 14,000 deaths by end of
MoreImage credits: AP/ALESSANDRA TARANTINO POPE Francis will be holding a special mass in the Vatican this month for the celebration of the 500 years of Christianity in the Philippines. According to an article in CBCP News online, the pontiff will
MoreTHE two-month contraction in the country’s bank lending numbers is likely to kill any hopes of a rate hike to curb inflation in the near future, a private economist said. In his recent analysis after the Bangko Sentral ng Pilipinas
MoreA LEADER of the House of Representatives said Congress has enough time to pass the 25 items on the Common Legislative Agenda (CLA) of Congress and the Executive Branch before the election period. House Ways and Means Chairman Joey Sarte
MoreImage credits: PPP.GOV.PH PUBLIC and private leaders have agreed certain measures must be adjusted and specific policies pursued to improve the national Covid-19 response, especially now that the country is entering the vaccination phase. Cosette Canilao, former executive director of
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