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The coronavirus (COVID-19) pandemic will likely make it even more challenging for the Philippines to attract foreign direct investments (FDIs) alongside waning structural reform momentum at the latter half of…
People purchase goods at a night fair in east China’s Shanghai, June 6, 2020. Xinhua via China Daily/Asia News Network BEIJING — As the COVID-19 epidemic has waned in China,…
The Department of Budget and Management’s (DBM) releases for COVID-19 response amounted to P355.1 billion to date, with dole-outs given away to vulnerable sectors accounting for the bulk of the…
The Department of Budget and Management (DBM) has released P355.1 billion for COVID-19 response to date with cash aid to vulnerable sectors eating up bulk of the funds. In a…
The Philippines’ total foreign trade fell at its fastest pace in April amid a global recession worsened by the first full month of one of the most stringent COVID-19 lockdowns…
MANILA, Philippines — Key to better addressing the health and socioeconomic crises caused by the COVID-19 pandemic will be adjustments in policy responses as countries emerge out of their respective…
Surging demand for online entertainment and e-commerce has shielded telco giant PLDT Inc. from the worst effects of the COVID-19 pandemic. At the company’s annual meeting on Tuesday (June 9),…
BEIJING — The World Bank has added South Korea to the list of countries that are providing efficient emergency medical services to its employees, Seoul’s Finance Ministry said Tuesday. The…
Recession in the Philippines was likely to lead to worsening poverty and a delay by two years in the country’s bid to become an upper middle class country, according to…
MANILA, Philippines — The loans and grants secured by the Philippines to finance COVID-19 response climbed to $6.508 billion (over P325 billion) to date after it signed a $750-million loan…
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