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Posted on March 26, 2021

Philippines gets $300 million AIIB loan for Covid vaccination program

The Philippines now has $1.2 billion (over P58 billion) in loans which three multilateral lenders can directly pay to vaccine suppliers with the approval on Thursday of the $300-million financing from …

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Posted on March 26, 2021

Accelerating the Business Case of EV in the Philippines

Dominated by fossil fuel-powered vehicles, the Philippines’ transport sector is currently the nation’s second highest contributor to its greenhouse gas emissions, accounting for 31.6 per cent of total …

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Posted on March 26, 2021

Vietnam also protests Chinese presence in Julian Felipe Reef

After the Philippines, Vietnam, which also claims Whitsun Reef or locally known as Julian Felipe Reef, protested China’s swarming of the disputed area in the South China Sea as it warned that such …

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Posted on March 25, 2021

Philippines Holds Key Interest Rate Steady Again

The Philippines’ central bank left its key interest rate unchanged Thursday, citing the prospect of inflation overshooting its target …

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Posted on March 25, 2021

Philippines seen as Asia production hub for Sputnik V vaccine

MANILA, Philippines — The Philippines may be on its way to being a production hub for COVID-19 vaccine Sputnik V in Asia, Russian Direct Investment Fund CEO Kirill Dmitriev said in a televised …

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Posted on March 25, 2021

China Dynamics to Provide Not Less Than 500 Electric Vehicles in Philippines and Malaysia

The electric vehicles will be mainly used in the Philippines and in Malaysia. In addition, GET Worldwide is already looking to expand to Africa and Latin America within the year. Mr. Freddie Tinga, …

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Posted on March 25, 2021

Rich-poor income gap could widen further in Philippines after pandemic -ADBI

Poor Filipinos are more vulnerable to income decline than the rich due to the COVID-19 pandemic-induced economic fallout, reflecting a wider income disparity between the lower and higher income …

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Posted on March 25, 2021

Philippines Holds Rates as Recovery Concerns Trump Inflation

(Bloomberg) –The Philippines’ central bank held its key interest rate … to ensure that the monetary policy stance continues to support the BSP’s price and financial stability objectives.” Trading …

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Posted on March 25, 2021

Philippines deploys more navy ships to disputed sea amid row with China

A spokesman for the Armed Forces of the Philippines said the additional navy ships would carry out “sovereignty patrols” in the waterway. He did not say if the ships would go near the reef or what …

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Posted on March 25, 2021

The Philippines’ deadliest killers. And it’s not COVID

MACROVECTOR / FREEPIKThere’s a palpable sense of panic engulfing the Metro. Or at least panic amongst the political ruling class. The reason is the increase in COVID-19 cases the past few weeks, …

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