The government has sufficient funds to immunize 60 million Filipinos from the novel coronavirus disease (Covid-19), the Department of Finance (DOF) has assured.
THE Board of Investments (BoI) approved P826 billion in investments in the first 10 months, nearly a fifth lower than the estimated P1 trillion in the same period last year.
The "realistic" scenario of when the Philippines can roll out its COVID-19 vaccination program is from end of 2021 to early 2022, vaccine czar and pandemic response chief implementer Carlito Galvez Jr. said Wednesday.
EXCISE tax collections on “sin” products from January to September slid by 8.5 percent year-on-year as Covid-19-induced lockdowns dampened consumer demand.
CONTINUING travel restrictions here and abroad to contain the spread of Covid-19 have pulled down inbound tourism arrivals by 80.6 percent to 1.32 million, from January to October 2020.
Health Secretary Francisco Duque III says DOH and DTI set the price range for RT-PCR COVID-19 testing at ₱4,500 to ₱5,000 for private hospitals and laboratories. The price for a swab test is set at ₱3,800 in public facilities.
The Philippine Statistics Authority said close to 6 million Filipinos have pre-registered for the Philippine ID System, pushing closer to the agency's target registrants by December.
As Angkas bikers start to ply the metro roads anew, the motorcycle ride-hailing firm reminded passengers to take note of the new COVID-19 guidelines in order to ease the booking process.
The Philippines can get as much as 60 million doses of COVID-19 vaccines by next year should its negotiations with three pharmaceutical companies become successful, vaccine czar Secretary Carlito Galvez Jr. said.
The Philippine government is very close to securing a deal for advance purchase of 20 million doses of AstraZeneca's COVID-19 vaccines, the country's vaccine czar said.
Philippine banks will struggle with risks to asset quality going into the first half of 2021, Fitch Ratings said.
THE BANGKO SENTRAL ng Pilipinas (BSP) has released proposed guidelines for the management of liquidity risks by Islamic banks and banking units for Shariah-compliant instruments.
THE Philippine Economic Zone Authority (PEZA) is aiming to approve more than P100 billion in investment pledges by the end of the year, led by a potential investor relocating from China.
FORMER economic managers warned it might be too early to claim the “worst is over” for the Philippine economy, saying that quarantine restrictions should be further loosened to ensure a stronger and more inclusive recovery.
The first registered traditional Chinese medicine in the Philippines – Lianhua Qingwen, used in China for mild cases of coronavirus disease (COVID-19) – was formally launched in the country Monday.
“Effective immediately, treaty traders and treaty investors, or those issued visas pursuant to Section 9(d) of the Philippine Immigration Act of 1940 are allowed to enter the country,” read a statement from Bureau of Immigration Commissioner Jaime Morente.
The price cap on COVID-19 testing — one of the measures meant to ensure access to affordable health services during the pandemic — may be released this week, Malacañang said Monday.
A LAWMAKER on Friday pushed for the passage of several measures aimed to modernize the country’s banking sector.
The Department of Health warned the public and manufacturers on Monday against selling unregistered drugs that have not been cleared as safe and effective by the country's health and regulatory officials, following reports that some lawmakers have already been vaccinated against COVID-19.
More transportation options are now available to commuters after Angkas received the green light to resume its pilot run starting Monday. Over 6,500 Angkas riders who have tested negative for COVID-19 and passed government guidelines will ply roads after over eight months of suspension of operations due to strict quarantine measures.
Mayor Sara Duterte told Dabawenyos that the general community quarantine (GCQ) status in Davao City may be extended until the end of the year.
Despite the Department of Energy’s (DOE) moratorium on new coal projects, it was specified that the coal ventures of state-run Philippine National Oil Company-Exploration Corporation will not be covered by that investment prohibition.
The government should look at digital payment systems that can cover cross-border transactions to widen its digital tax base, according to the National Tax Research Center. Long-standing issues such as poor internet connection and the lack of infrastructure should also be addressed, the state think tank said in a recent study
THE Philippine central bank would probably remain dovish and might cut benchmark interest rates again next month and in the next quarter as the recovery outlook remains uncertain, analysts said.