Philippines
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RRR cut lifts PSEi to 5,000 level

The stock market broke through the 5,000 territory on Wednesday as the Bangko Sentral ng Pilipinas’ (BSP) announcement of a considerable reduction in banks’ reserve requirement ratio (RRR) continues to buoy investors. The benchmark Philippine Stock Exchan
The Manila Times Online

RRR cut lifts PSEi to 5,000 level

The stock market broke through the 5,000 territory on Wednesday as the Bangko Sentral ng Pilipinas’ (BSP) announcement of a considerable reduction in banks’ reserve requirement ratio (RRR) continues to buoy investors. The benchmark Philippine Stock Exchange Index (PSEi) soared by 5.31 percent or 253.49 points to close at 5,027.76, while the wider All Shares […]

Govt to tap all sources to combat Covid-19

The government is willing to tap all sources to fund its programs aimed at mitigating the negative impact of the coronavirus disease 2019 (Covid-19) pandemic on Filipinos and the Philippine economy, Finance Secretary Carlos Dominguez 3rd said on Wednesday. I
The Manila Times Online

Govt to tap all sources to combat Covid-19

The government is willing to tap all sources to fund its programs aimed at mitigating the negative impact of the coronavirus disease 2019 (Covid-19) pandemic on Filipinos and the Philippine economy, Finance Secretary Carlos Dominguez 3rd said on Wednesday. In a video call, Dominguez told reporters “we have to do all it takes to achieve […]

DoTr orders ‘rental holiday’ to soften Covid hit

The Department of Transportation (DoTr) has ordered local aviation authorities to suspend imposing leasing fees at the Ninoy Aquino International Airport (NAIA) this month to cushion the impact of the coronavirus disease 2019 (Covid-19) pandemic on the countr
The Manila Times Online

DoTr orders ‘rental holiday’ to soften Covid hit

The Department of Transportation (DoTr) has ordered local aviation authorities to suspend imposing leasing fees at the Ninoy Aquino International Airport (NAIA) this month to cushion the impact of the coronavirus disease 2019 (Covid-19) pandemic on the country. In a statement on Wednesday, the department said Secretary Arthur Tugade told the Manila International Airport Authority […]

Pandemic, uncertainty weigh on bond market

The Philippines’ local currency (LCY) bond market fell quarter-on-quarter amid a drop in government bonds, which the Asian Development Bank (ADB) said could be attributed to the coronavirus disease 2019 (Covid-19) pandemic and the economic uncertainty it ca
The Manila Times Online

Pandemic, uncertainty weigh on bond market

The Philippines’ local currency (LCY) bond market fell quarter-on-quarter amid a drop in government bonds, which the Asian Development Bank (ADB) said could be attributed to the coronavirus disease 2019 (Covid-19) pandemic and the economic uncertainty it caused. Outstanding LCY bonds declined by 0.8 percent to P6.64 trillion ($131 billion) at the end of December […]

Hotel Sogo shelters frontline medical workers amid Covid-19

  Hotel Sogo has offered free room accommodations to frontline healthcare workers fighting the spread of Covid-19. In close coordination with different Local mayors and hospitals, Hotel Sogo has undertaken this bold move under its Corporate Social Respon
The Manila Times Online

Hotel Sogo shelters frontline medical workers amid Covid-19

  Hotel Sogo has offered free room accommodations to frontline healthcare workers fighting the spread of Covid-19. In close coordination with different Local mayors and hospitals, Hotel Sogo has undertaken this bold move under its Corporate Social Responsibility (CSR) Program – Sogo Cares. As of this writing, about 830 rooms have been allocated in coordination […]

Prince Charles tests positive for Covid-19

LONDON: Prince Charles, the heir to the British throne, has tested positive for the new coronavirus, his office said Wednesday. The 71-year-old is showing mild symptoms of COVID-19 and is self-isolating at a royal estate in Scotland, his Clarence House offic
The Manila Times Online

Prince Charles tests positive for Covid-19

LONDON: Prince Charles, the heir to the British throne, has tested positive for the new coronavirus, his office said Wednesday. The 71-year-old is showing mild symptoms of COVID-19 and is self-isolating at a royal estate in Scotland, his Clarence House office said. It says his wife Camilla, 72, has tested negative. “The Prince of Wales […]

Death toll in Spain surpasses China as virus ravages Europe

NEW DELHI: The world’s largest democracy went under the world’s biggest lockdown on Wednesday, as India’s 1.3 billion people stayed home in a bid to stop the march of the coronavirus pandemic. As infections and deaths rose in the United Stat
The Manila Times Online

Death toll in Spain surpasses China as virus ravages Europe

NEW DELHI: The world’s largest democracy went under the world’s biggest lockdown on Wednesday, as India’s 1.3 billion people stayed home in a bid to stop the march of the coronavirus pandemic. As infections and deaths rose in the United States (US) and Europe, US lawmakers agreed on a massive $2 trillion domestic aid package to […]

Actress Iza Calzado hospitalized for pneumonia; awaits Covid-19 test results

ACTRESS Iza Calzado revealed in an Instagram post on Wednesday night that she has been confined in an undisclosed hospital for pneumonia and was awaiting the results of her test for coronavirus 2019 or Covid-19 infection. “Hello, everyone. It’s been a whi
The Manila Times Online

Actress Iza Calzado hospitalized for pneumonia; awaits Covid-19 test results

ACTRESS Iza Calzado revealed in an Instagram post on Wednesday night that she has been confined in an undisclosed hospital for pneumonia and was awaiting the results of her test for coronavirus 2019 or Covid-19 infection. “Hello, everyone. It’s been a while but I thought I’d update you all. I’m currently hospitalized for pneumonia and […]

Talks on $2T bill to ease economic pain from virus drag on

WASHINGTON, D.C.: Unprecedented legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic remained snagged on Capitol Hill Tuesday night, despite predictions by negotiators that a deal was at hand. Af
The Manila Times Online

Talks on $2T bill to ease economic pain from virus drag on

WASHINGTON, D.C.: Unprecedented legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic remained snagged on Capitol Hill Tuesday night, despite predictions by negotiators that a deal was at hand. After days of pressure, unusual partisanship in a crisis, and intense haggling over the fine print, negotiators […]

Senator Koko Pimentel tests positive for Covid-19

SEN. Aquilino “Koko” Pimentel on Wednesday revealed that he tested positive for the coronavirus disease 2019 (Covid-19). Pimentel was the second senator who got infected by Covid-19. The first was Senate Majority Leader Juan Miguel Zubiri, whose s
The Manila Times Online

Senator Koko Pimentel tests positive for Covid-19

SEN. Aquilino “Koko” Pimentel on Wednesday revealed that he tested positive for the coronavirus disease 2019 (Covid-19). Pimentel was the second senator who got infected by Covid-19. The first was Senate Majority Leader Juan Miguel Zubiri, whose self-quarantine will end on March 26. “I was informed late last night March 24, 2020 that I have […]

Pandemic is accelerating, WHO warns

LONDON: World Health Organization chief Tedros Adhanom Ghebreyesus warned that the coronavirus pandemic was clearly “accelerating.” The number of coronavirus deaths has topped 16,500 with more than 378,000 declared infections in 174 countries and territo
The Manila Times Online

Pandemic is accelerating, WHO warns

LONDON: World Health Organization chief Tedros Adhanom Ghebreyesus warned that the coronavirus pandemic was clearly “accelerating.” The number of coronavirus deaths has topped 16,500 with more than 378,000 declared infections in 174 countries and territories. Tedros said it took 67 days from the beginning of the outbreak in China in December for the virus to infect […]

Duterte gets more power to fight virus

Bill grants P8,000-cash aid to 18-M workers Congress hopes that the country will have a better chance of stopping the spread of the deadly coronavirus and cushioning its impact on millions of workers forced to stay home by handing President Rodrigo Duterte sp
The Manila Times Online

Duterte gets more power to fight virus

Bill grants P8,000-cash aid to 18-M workers Congress hopes that the country will have a better chance of stopping the spread of the deadly coronavirus and cushioning its impact on millions of workers forced to stay home by handing President Rodrigo Duterte special powers, including the use of P275-billion unused public funds. As Tuesday dawned, […]

PH communist party orders truce amid Covid-19 pandemic

THE Communist Party of the Philippines (CPP) on Tuesday night declared a unilateral ceasefire amid the coronavirus disease (Covid-19) pandemic. Under its ceasefire order, the CPP Central Committee formally declared that the truce would start at 12 midnight o
The Manila Times Online

PH communist party orders truce amid Covid-19 pandemic

THE Communist Party of the Philippines (CPP) on Tuesday night declared a unilateral ceasefire amid the coronavirus disease (Covid-19) pandemic. Under its ceasefire order, the CPP Central Committee formally declared that the truce would start at 12 midnight on March 26 until 11:59 p.m. of April 15. The CPP declaration came after President Rodrigo Duterte […]

Our security in the time of Covid-19

The coronavirus disease 2019 (Covid-19) has upended our lives and raised security concerns. To address the health security of the citizenry, government first encouraged citizens to practice social distancing that is, staying away from each other for a distanc
The Manila Times Online

Our security in the time of Covid-19

The coronavirus disease 2019 (Covid-19) has upended our lives and raised security concerns. To address the health security of the citizenry, government first encouraged citizens to practice social distancing that is, staying away from each other for a distance of no less than 6 feet. But how does one achieve this? One has to survive […]

PNP creates task force to go after erring local officials

THE Philippine National Police (PNP) on Tuesday vowed to arrest barangay (village) chiefs making money out of the quarantine passes that allow one representative of each family to go out to buy food and basic necessities. PNP Deputy Chief for Operations LtG
The Manila Times Online

PNP creates task force to go after erring local officials

THE Philippine National Police (PNP) on Tuesday vowed to arrest barangay (village) chiefs making money out of the quarantine passes that allow one representative of each family to go out to buy food and basic necessities. PNP Deputy Chief for Operations LtGen. Guillermo Eleazar said “Task Force Covid Kontra Peke (vs Fake)” was created to stop illegal […]

Azerbaijan GP postponed due to coronavirus

PARIS: Organizers on Monday postponed June’s Azerbaijan Grand Prix, meaning the first eight races of the Formula One season have been swept aside by the coronavirus pandemic. So far Grand Prix scheduled for Bahrain, Vietnam, China, Netherlands and Spai
The Manila Times Online

Azerbaijan GP postponed due to coronavirus

PARIS: Organizers on Monday postponed June’s Azerbaijan Grand Prix, meaning the first eight races of the Formula One season have been swept aside by the coronavirus pandemic. So far Grand Prix scheduled for Bahrain, Vietnam, China, Netherlands and Spain have been postponed while the iconic Riviera showpiece in Monaco and the season-opening Australian race were […]

Malaria drugs’ promise for coronavirus spurs hope, shortages

Excitement about treating the new coronavirus with malaria drugs is raising hopes, including with President Donald Trump. But the evidence that they may help is thin, and a run on the drugs is complicating access for people who need them for rheumatoid arthri
The Manila Times Online

Malaria drugs’ promise for coronavirus spurs hope, shortages

Excitement about treating the new coronavirus with malaria drugs is raising hopes, including with President Donald Trump. But the evidence that they may help is thin, and a run on the drugs is complicating access for people who need them for rheumatoid arthritis or lupus. Chloroquine and a similar drug, hydroxychloroquine, showed encouraging signs in […]

Britain in lockdown as WHO warns pandemic ‘accelerating’

LONDON: Britain was under lockdown on Tuesday, its population joining around 1.7 billion people around the globe ordered to stay indoors to curb the “accelerating” spread of the coronavirus. Across Europe, Asia, North America, the Middle East and
The Manila Times Online

Britain in lockdown as WHO warns pandemic ‘accelerating’

LONDON: Britain was under lockdown on Tuesday, its population joining around 1.7 billion people around the globe ordered to stay indoors to curb the “accelerating” spread of the coronavirus. Across Europe, Asia, North America, the Middle East and parts of Africa, governments have told their citizens to remain at home as they grapple with a […]

Loss of smell, taste, might signal pandemic virus infection

NEW YORK: A loss of smell or taste might be an early sign of infection with the pandemic virus, say medical experts who cite reports from several countries. It might even serve as a useful screening tool, they say. The idea of a virus infection reducing sens
The Manila Times Online

Loss of smell, taste, might signal pandemic virus infection

NEW YORK: A loss of smell or taste might be an early sign of infection with the pandemic virus, say medical experts who cite reports from several countries. It might even serve as a useful screening tool, they say. The idea of a virus infection reducing sense of smell is not new. Respiratory viral infection […]

In global fight vs. virus, over 1.5 billion told: Stay home

NEW YORK:  With masks, ventilators and political goodwill in desperately short supply, more than one-fifth of the world’s population was ordered or urged to stay in their homes Monday (Tuesday in Manila) at the start of what could be a pivotal week in th
The Manila Times Online

In global fight vs. virus, over 1.5 billion told: Stay home

NEW YORK:  With masks, ventilators and political goodwill in desperately short supply, more than one-fifth of the world’s population was ordered or urged to stay in their homes Monday (Tuesday in Manila) at the start of what could be a pivotal week in the battle to contain the coronavirus in the US and Europe. Partisan divisions stalled efforts […]

PH backs postponement of Tokyo Olympics amid Covid-19 outbreak

TEAM Philippines’ chef de mission for the 2020 Tokyo Olympics Mariano “Nonong” Araneta supported the idea of postponing the Summer Games amid the coronavirus disease (Covid-19) pandemic. This after veteran International Olympic Committee member Dic
The Manila Times Online

PH backs postponement of Tokyo Olympics amid Covid-19 outbreak

TEAM Philippines’ chef de mission for the 2020 Tokyo Olympics Mariano “Nonong” Araneta supported the idea of postponing the Summer Games amid the coronavirus disease (Covid-19) pandemic. This after veteran International Olympic Committee member Dick Pound told USA TODAY Sports that the Olympics in July would be suspended. “I think postponement is the most decent thing […]

Congress grants Duterte special powers to fight virus

(UPDATE) CONGRESS granted President Rodrigo Duterte special powers to tap P275 billion of unused public funds to address the coronavirus disease 2019 (Covid-19) epidemic. Twelve senators on Tuesday dawn voted to pass on third and final reading Senate Bill (S
The Manila Times Online

Congress grants Duterte special powers to fight virus

(UPDATE) CONGRESS granted President Rodrigo Duterte special powers to tap P275 billion of unused public funds to address the coronavirus disease 2019 (Covid-19) epidemic. Twelve senators on Tuesday dawn voted to pass on third and final reading Senate Bill (SB) 1418 or the “Bayanihan to Heal as One Act” jointly authored by Senate President Vicente Sotto […]

Another doctor succumbs to Covid-19

ONE of the top cardiologists in the Philippines and among the frontliners against the coronavirus disease 2019 (Covid-19) passed away. Dr. Raul Diaz Jara, former president of the Philippine Heart Association (PHA), died from “multiple complications̶
The Manila Times Online

Another doctor succumbs to Covid-19

ONE of the top cardiologists in the Philippines and among the frontliners against the coronavirus disease 2019 (Covid-19) passed away. Dr. Raul Diaz Jara, former president of the Philippine Heart Association (PHA), died from “multiple complications” aggravated by Covid-19, Dr. Joel Abanilla,  Philippine Heart Center (PHC) executive director, said in a radio DZBB interview on Tuesday. “Cardiac […]

Covid-19 cases up to 500 — DoH  

THERE are 39 new cases of the coronavirus disease 2019 (covid-19) in the country so far, bringing the tally to 501, from Monday’s 462, the Department of Health (DoH) said on Tuesday. “501 total cases, 19 recoveries, [and] 33 deaths,” Health Undersecreta
The Manila Times Online

Covid-19 cases up to 500 — DoH  

THERE are 39 new cases of the coronavirus disease 2019 (covid-19) in the country so far, bringing the tally to 501, from Monday’s 462, the Department of Health (DoH) said on Tuesday. “501 total cases, 19 recoveries, [and] 33 deaths,” Health Undersecretary Maria Rosario Vergeire said in a text message. Vergeire said on Monday that […]

Business groups raise P1.5 billion to aid urban poor

More than a week into the month-long lockdown in Luzon due to the coronavirus disease 2019 (Covid-19), top business groups raised over P1.5 billion to fund the distribution of grocery vouchers to urban poor residents of the greater Manila area. In a statement
The Manila Times Online

Business groups raise P1.5 billion to aid urban poor

More than a week into the month-long lockdown in Luzon due to the coronavirus disease 2019 (Covid-19), top business groups raised over P1.5 billion to fund the distribution of grocery vouchers to urban poor residents of the greater Manila area. In a statement, Project Ugnayan said the initiative aims to distribute P1,000 gift certificates to […]

BSP to buy P300-B govt securities

The central bank announced on Monday that it will buy P300 billion worth of government securities to support the national government’s programs to counter the impact of the coronavirus disease 2019 (Covid-19) on the country. In a statement, the Bangko Sentr
The Manila Times Online

BSP to buy P300-B govt securities

The central bank announced on Monday that it will buy P300 billion worth of government securities to support the national government’s programs to counter the impact of the coronavirus disease 2019 (Covid-19) on the country. In a statement, the Bangko Sentral ng Pilipinas (BSP) said its policy-making Monetary Board already approved the repurchase agreement with […]

S&P, Fitch unit further trim PH growth outlook

S&P Global Ratings and a Fitch Group unit both cut their growth forecasts for the Philippine economy this year on the back of the disruptions brought by the spread of the coronavirus disease 2019 (Covid-19) in the country. In separate reports released on
The Manila Times Online

S&P, Fitch unit further trim PH growth outlook

S&P Global Ratings and a Fitch Group unit both cut their growth forecasts for the Philippine economy this year on the back of the disruptions brought by the spread of the coronavirus disease 2019 (Covid-19) in the country. In separate reports released on Monday, S&P and Fitch Solutions said they now estimate the country’s gross […]

Idris Elba’s wife tests positive for Covid-19; Hanks, Wilson ‘feel better’

DAYS after English actor Idris Elba revealed he was positive for the novel coronavirus disease (Covid-19), his wife Sabrina Dhowre-Elba also tested positive after she chose to stay with him in quarantine. It will be remembered the couple received criticism on
The Manila Times Online

Idris Elba’s wife tests positive for Covid-19; Hanks, Wilson ‘feel better’

DAYS after English actor Idris Elba revealed he was positive for the novel coronavirus disease (Covid-19), his wife Sabrina Dhowre-Elba also tested positive after she chose to stay with him in quarantine. It will be remembered the couple received criticism online after they posted a video on March 17 confirming Elba’s results with his wife […]

Eight more people die from Covid-19, toll up to 396

EIGHT new deaths were recorded for the Coronavirus disease 2019 (Covid-19) on Monday, bringing the death toll to 33 and making the country’s average of 8.3 percent higher than the Worl Health Organization’s 3.4 percent estimate. “[There are] 396 cas
The Manila Times Online

Eight more people die from Covid-19, toll up to 396

EIGHT new deaths were recorded for the Coronavirus disease 2019 (Covid-19) on Monday, bringing the death toll to 33 and making the country’s average of 8.3 percent higher than the Worl Health Organization’s 3.4 percent estimate. “[There are] 396 cases, 18 recoveries, [and] 33 deaths,” said Health Undersecretary Maria Rosario Vergeire in a text message. The country recorded 16 […]

Plácido Domingo has coronavirus amid Spain outbreak

MADRID: Plácido Domingo announced Sunday (Monday in Manila) that he has tested positive for the coronavirus. The 79-year-old opera singer’s illness comes after his own glittering career had recently been stained by sexual misconduct revelations. The
The Manila Times Online

Plácido Domingo has coronavirus amid Spain outbreak

MADRID: Plácido Domingo announced Sunday (Monday in Manila) that he has tested positive for the coronavirus. The 79-year-old opera singer’s illness comes after his own glittering career had recently been stained by sexual misconduct revelations. The Spaniard said in a post on his personal Facebook account that “I feel it is my moral duty to announce to […]

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