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Tag: Philippines

Posted on March 26, 2021

Philippines breaks daily record for COVID-19 with nearly 10,000 cases

The Philippines reported 9,838 coronavirus cases on Friday, marking the highest daily jump since the pandemic began, as the World Bank warned that vaccinations needed to be a priority to limit further …

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Posted on March 26, 2021

Philippines in a ‘worrisome’ state —Moody’s Analytics

United States-based economic and financial think tank Moody’s Analytics raised alarm over the Philippines’ rising inflation, recent spike in new COVID-19 cases, and slow vaccination rollout. “The …

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Posted on March 26, 2021

Philippines Cuts Corporate Tax to Aid Pandemic-Hit Businesses

and 20% for smaller enterprises, Congressman Joey Salceda said. The law will bring the Philippines closer to the average rate in Southeast Asia at around 22%, the Department of Finance has said.

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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

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 …

( read original story …)



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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