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Tag: Philippines

Posted on April 20, 2020

Philippines c.bank says ‘deeper’ policy rate cut needed to cushion virus blow

The Philippines’ central bank governor on Sunday said another 200 basis-point cut in its reserve requirement ratio (RRR) is “forthcoming” and signalled there will be more interest rate cuts to cushion …

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Posted on April 20, 2020

Philippines’ Oldest Conglomerate to Get Out of Coal by 2030

Ayala Corp., the Philippines’ oldest conglomerate, aims to fully divest from coal by 2030, a rare rebuke of the fuel in a region where its use is expected to grow.

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Posted on April 20, 2020

Philippines Records 19 New Coronavirus Deaths, 200 More Cases

Health workers talk to the nurse assigned at the swab testing booth, which was set up in a hospital parking lot as the Philippines ramps up testing for coronavirus dis …

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Posted on April 20, 2020

Philippines: Further easing by the BSP is not ruled out – UOB

UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting reviewed last week’s decision by the central bank of Philippines (BSP) to reduce the reverse repurchase rate (RRP) to 2.75%. “At its …

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Posted on April 20, 2020

’90 Day Fiance’ Star Ed Talks ‘Surreal’ Shower Scene With Rose and Her Dad in the Philippines (Exclusive)

Before the 90 Days season 4 star Ed is opening up about that instantly iconic scene from a recent episode of the hit TLC series, when he bathed with both his girlfriend, Rosemarie, and her father at …

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Posted on April 20, 2020

Poorer regions in the Philippines have more COVID-19 cases

In Asia, though the number of infections gradually increases, some countries have reported high death rates, including Indonesia and the Philippines. The outbreak of COVID-19 is a source concern in …

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Posted on April 20, 2020

Philippines Central Bank to Help in Loans to Small Businesses

The Philippines central bank has stepped in to encourage banks to lend to small businesses reeling from the economic fallout from the coronavirus pandemic.

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Posted on April 19, 2020

Philippines envoy in Sweden dies of COVID-19

The Philippines’ honorary consul general in Stockholm, Sweden died on Saturday after contracting the coronavirus disease 2019 (COVID-19). A report of Swedish news site Aftonbladet said Erik Belfrage, …

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Posted on April 19, 2020

Philippines records 12 new coronavirus deaths, 172 more cases

The Philippines’ health ministry on Sunday reported 12 neweaths and 172 new infections. The Southeast Asian country now as a total of 6,259 confirmed coronavirus cases and 409 deaths, it said in a …

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Posted on April 19, 2020

Philippines Says It Still Has Monetary Space After Easing Steps

The Philippines still has ample monetary space after recently cutting its key interest rate and approving a policy that effectively reduced the reserve requirement ratio for banks, central bank …

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