MANILA, Philippines — Global rating agencies raised concerns over the continued deterioration of the near-term outlook of the Philippines as a result of the coronavirus pandemic. Sagarika …
Philippine Banks Warn of $82 Billion Cash Squeeze on Delay of Loan Payments
Banks in the Philippines warn their cash flow may be reduced by as much as 4 trillion pesos ($82 billion) should a bill that seeks to delay loan payments by a year becomes a law.
COVID-19: Kuwait mulls scrapping flight ban
The ban includes India, Pakistan, Egypt, and the Philippines that have large communities of expatriates in Kuwait. Al Rai, quoting well-informed sources, cited a government study to stop the ban on …
Philippines death penalty: A fight to stop the return of capital punishment
“The death penalty would give the state another weapon in its ongoing war against drugs,” said Carlos Conde, Philippines researcher for Human Rights Watch. How many have died in P …
4,351 new cases push Philippines’ COVID-19 tally to almost 158,000
The Philippines on Saturday reported 4,351 new coronavirus disease 2019 (COVID-19) infections, bringing the nationwide total to 157,918, according to the Department of Health (DOH). This marks the …
Asia-Pacific Coronavirus News: Total COVID-19 cases in India cross 2.5 million mark, Philippines reports over 4,000 new cases in one day
Health workers arrange the vials after collecting blood samples during serological survey for COVID-19 screening in New Delhi, India, Aug. 6, 2020. (Xinhua/Partha Sarkar) — Total COVID-19 cases in …
World Bank realigns $1.9 billion lending to help Philippines
The World Bank has realigned around $1.9 billion worth of loans in the pipeline for approval this year to help the Philippines recover from the impact of the coronavirus disease 2019 or COVID-19 …
Philippines confirms 6,216 new coronavirus cases, 16 deaths
The Philippines’ health ministry on Friday reported 6,216 more novel coronavirus infections, the third-largest daily increase recorded in Southeast Asia up to now, and 16 additional deaths.
COVID-19 concerns deeper in Philippines than most of Asia
Filipinos are more concerned about the impact of the coronavirus disease 2019 than the majority of other countries in Asia, a survey by Manufacturers Life Insurance Co. Philippines Inc. showed.
US-based SEAF invests in Philippines startup CloudCfo
Washington-based equity management firm Small Enterprise Assistance Fund (SEAF) on Friday announced its second investment in the Philippines through CloudCfo, a technology-driven provider of …