Dominguez: Mass COVID-19 tests ‘a must’
President Rodrigo Duterte’s chief economic manager said mass testing for COVID-19 is “a must” if the Philippines wanted the pain inflicted by the disease on both the health care system…
Amid Luzon lockdown, PH manufacturing PMI fell to record-low in March
MANILA, Philippines — The COVID-19 quarantine imposed in Luzon and other parts of the country since mid-March slashed nationwide manufacturing activity last month, leading to a record drop in the…
Asian stocks fall on lagging worries about virus, recession
TOKYO — Asian shares were mixed on Wednesday, on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions. A woman…
Manulife boosts benefits for COVID 19-stricken clients
Insurer Manulife Philippines has boosted insurance benefits for eligible clients who may be stricken with the dreaded coronavirus (COVID-19) until the middle of this year without additional premium cost to…
US stocks fall, capping Wall Street’s worst quarter since 2008
NEW YORK — Stocks fell Tuesday to close out Wall Street’s worst quarter since the most harrowing days of the 2008 financial crisis. AP Photo The S&P 500 dropped a…
Overstaying cargoes at congested Manila ports face seizure
MANILA, Philippines – The government has threatened to confiscate overstaying cargoes in Manila’s ports, accusing businesses of ignoring calls to withdraw their containers which have worsened harbor congestion amid the…
Detroit Auto Show 2020 cancelled
The 2020 Detroit Auto Show cancelled amidst coronavirus concerns. Image: AFP/Timothy Clary via AFP Relaxnews On Sunday, the Detroit Auto Show, originally set to take place in June, was officially…
PLDT, UP-PGH launch hotline for COVID-19 medical consultations
PLDT Inc. partnered with the University of the Philippines Manila Philippine General Hospital (UP-PGH) to launch a dedicated telemedicine hotline, 155200, for its COVID-19 Bayanihan Operations Center. This will allow…
Insurance agents allowed to go online, use other media to sell products
Insurance agents who couldn’t sell policies face-to-face because of social distancing requirements by COVID-19 quarantine are allowed to do so online. The Insurance Commission issued yet another order on March…
Dominguez: PH readying response to global recession brought by COVID-19
Finance Secretary Carlos G. Dominguez III. DOF PHOTO As the global economy plunged into recession amid the COVID-19 pandemic, the Philippines will try to shield its domestic economy through a…