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NEW YORK — Wall Street’s enthusiasm about the reopening economy sent stocks scrambling even higher on Monday, and the Nasdaq composite wiped away the last of its coronavirus-induced losses to…
MANILA, Philippines — Amid the COVID-19 pandemic, the World Bank sees the Philippine economy shrinking by 1.9% this year, a slower pace of contraction than government estimates of negative 2%…
The trillions of pesos in stimulus bills which Congress passed to revive the economy post-pandemic cannot be funded because of lack of excess revenue, according to the government’s chief economic…
The transition to a less restrictive general community quarantine (GCQ) in many places was expected to narrow the unemployment rate of more than 17 percent posted last April, which broke…
As lockdowns in Luzon and other places with high numbers of COVID-19 cases gradually ease, the government has resumed work on a number of big-ticket infrastructure projects, according to Finance…
A flight departing from Korea to Dalian International Airport, at Shandong province in 2020. via China Daily BEIJING — Governments in the Asia-Pacific region are exploring the creation of “travel…
MANILA, Philippines — The Philippines’ war chest against COVID-19 breached the P1-trillion level as of June, the latest data compiled by economists at the Manila-based Asian Development Bank (ADB) showed,…
BANGKOK — Shares advanced Monday in Asia, buoyed by surprisingly strong U.S. jobs figures that helped power a surge on Wall Street on Friday. A man wearing a face mask…
An official selects a journalist to ask a question at the news conference to release the white paper “Fighting COVID-19: China in Action” in Beijing on Sunday. China Daily/Asia News…
MANILA, Philippines – Over eight billion liters of fuel were already marked by the government to date after oil firms paid their correct import duties and excise taxes. Bureau of…
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