Health

[ad_1] Metro Manila (CNN Philippines, November 11) – As the world welcomes a potential COVID-19 vaccine from Pfizer and BioNTech, the Health Department said Wednesday that the Philippines must manage its expectations as the clinical trial is still in the early stages of its third and final phase. “This Pfizer …

[ad_1] Banks, awash in bad loans, don’t make loans MANILA, Philippines – Banks continued to avoid making loans as the loans on their books begin to deteriorate with the removal of regulatory relief extended to clients hit by the pandemic. Outstanding loans from large banks, net of their loans between …

[ad_1] The Philippine economy contracted for three consecutive quarters as consumer spending and business activity remained depressed due to strict quarantines imposed on key economic centers to contain the spread of coronavirus infections. Shoppers wearing protective masks buy vegetables at a market during a partial closure imposed due to the …

[ad_1] Metro Manila (CNN Philippines, November 11) – Finance Secretary Carlos Domínguez III is optimistic that the country’s economy can recover from the effects of the COVID-19 pandemic. Domínguez told President Rodrigo Duterte on Tuesday that managing economic risks is the best way to reopen the economy amid the pandemic. …

[ad_1] The United States could be the first country to launch one of the most ambitious vaccine operations in history – distributing and administering up to 600 million doses of a Covid-19 vaccine in just a few months. Filling and packaging tests for large-scale production and supply of AstraZeneca’s COVID-19 …

[ad_1] Reports that one of the vaccines for Covid-19 has shown very promising results are a ray of hope for a world in the shadow of rising virus cases. AFP / MANILA NEWSLETTER But does it mean that the pandemic is coming to an end? Not so fast, experts say, …

[ad_1] The Philippine economy continued to contract in the third quarter of the year, but at a slower pace compared to the sharp decline in the second quarter, the Philippine Statistics Authority (PSA) reported on Tuesday. The country’s gross domestic product (GDP) contracted by 11.5 percent, an improvement over the …

[ad_1] Philippine President Rodrigo Duterte appointed as his national police chief an officer who sparked public ire this year for violating pandemic restrictions. The appointment of Major General Debold Sinas, who was previously the chief of police for Metro Manila, was announced Monday by Duterte spokesman Harry Roque. General Sinas …

[ad_1] Acting Secretary of NEDA, Karl Kendrick Chua While the economic contraction slowed to 11.5 percent year-on-year in the third quarter after a record drop in the second quarter, the country’s chief economist sees more room for improvement during the final three months of 2020 with companies largely forced to …

[ad_1] Bloomberry Resorts Corp., the operator of Solaire Resort and Casino, said it incurred a net loss of P2.5 billion from January to September, a reversal from last year’s profit of P3.9 billion, as its casinos They were closed during closing. Solaire continued to operate in a limited trial as …