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Posted on November 19, 2020

Watchdog on its toes over pandemic-induced financial risk contagion

MANILA, Philippines — The financial industry watchdog is watchful of potential spread of financing risks from one sector to another that can make fixing the damage caused by coronavirus pandemic …

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Posted on November 19, 2020

U.S. National Security Adviser O’Brien En Route Vietnam, Philippines

White House national security adviser Robert O’Brien is on his way to Vietnam and the Philippines to discuss regional security cooperation, the White House said in a tweet on Wednesday. While …

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Posted on November 19, 2020

Coronavirus cases in the Philippines exceed 410,000

MANILA, Philippines — Another 1,148 Filipinos were reported to have contracted novel coronavirus by the health department on Tuesday, pushing the national caseload to a grim 410,718. Of the total …

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Posted on November 18, 2020

FSCC: Philippines needs to prepare for ‘new economy’

The country needs to prepare for the transition to a “new economy” to mitigate the systemic risks posed by the COVID-19 pandemic, according to the Financial Stability Coordination Council (FSCC). In …

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Posted on November 18, 2020

‘Within Seconds Everything Was Gone’: Devastating Floods Submerge the Philippines

Torrential rains and back-to-back typhoons have ripped through the country in the past two weeks, turning a once picturesque river into a sea of murky brown, killing dozens and setting off deadly …

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Posted on November 18, 2020

1,383 new COVID-19 cases in Philippines’ push tally over 412,000

The Philippines on Wednesday reported 1,383 new coronavirus disease 2019 (COVID-19) infections, bringing the total tally to 412,097, as 17 laboratories failed to submit data on time. This marks the …

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Posted on November 18, 2020

Philippines: BSP forecast to keep monetary policy unchanged – UOB

The central bank of the Philippines (BSP) is predicted to keep the reference rate unchanged at its meeting on Thursday, suggested UOB Group’s Economist Lee Sue Ann. Key Quotes T …

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Posted on November 18, 2020

WHO supports DOH and subnational areas in the Philippines for COVID-19 response

Despite having the second largest number of infections in Southeast Asia, the pandemic situation in the Philippines has provided an opportunity for all stakeholders to strategically plan and innovate …

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Posted on November 18, 2020

DOH: Gov’t can buy Moderna vaccines sans US firm’s clinical trials in Philippines

The Philippines can still buy COVID-19 vaccines from American biotechnology company Moderna even if the US manufacturer does not conduct clinical trials in the Philippines, the Department of Health …

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Posted on November 17, 2020

HSBC to rationalize Philippines branch network

British banking giant HSBC is rationalizing its network in the Philippines by shutting down or relocating major branches in the country over the next three months amid the ongoing COVID-19 pandemic.

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