Lucio Tan mobilizes P200M for war vs COVID-19
LTG’s COVID-19 response package as of April 14, 2020 The group of tycoon Lucio Tan has mobilized at least P200 million worth of internal resources to help medical front-liners, healthcare…
Asian shares rise amid wait for China data, global earnings
TOKYO — Asian shares rose Tuesday although investors were braced for a sobering first look at how the coronavirus pandemic has hurt global corporate earnings and the Chinese economy, the…
San Miguel building 10 military quarantine facilities
SOLCOM facility in Lucena is 90 percent complete. Conglomerate San Miguel Corp. is building 10 emergency quarantine facilities near military hospitals to house personnel who have tested positive for COVID-19…
DOH taps KonsultaMD for free public telemedicine advice
The Department of Health (DOH) has tapped KonsultaMD for the provision of free telemedicine advice to individuals who need non-emergency medical assistance in order to alleviate surge and minimize risks…
Project Ugnayan reaches 7.6M poor Filipinos
Caritas distributes grocery vouchers Over 7.6 million of the poorest Filipinos in Greater Metro Manila have received grocery support from “Project Ugnayan,” the single largest private sector-led fund-raising collaboration to…
IMF cancels debt payments for 6 months for 25 poor nations
UNITED NATIONS — The International Monetary Fund approved $500 million on Monday to cancel six months of debt payments for 25 of the world’s most impoverished countries so they can…
Stocks fall as investors brace for earnings hit from virus
Stocks fell on Wall Street Monday, erasing some of the market’s big gains from last week, as investors braced for a sobering first look at how the coronavirus pandemic has…
ADB hikes Asia-Pacific’s COVID-19 war chest to $20B
MANILA, Philippines – With more governments as well as private firms across Asia-Pacific in need of financial assistance to fight the pandemic’s health and socioeconomic fallout, the Asian Development Bank…
IC issues guidelines to protect health insurers, HMO professionals at work during lockdown
MANILA, Philippines — While those who work for health insurance providers and health maintenance organizations (HMOs) have been exempted from the movement restrictions during the COVID-19 lockdown, the Insurance Commission…
WB: $100-M loan for DOH to help finance purchase of medical equipment
MANILA, Philippines — The $100-million (over P5-billion) loan scheduled to be approved by the World Bank next week will finance the purchase of medical equipment and supplies which the Washington-based…