[ad_1] More than a million deaths from the new coronavirus have been recorded worldwide. Paris France: The global death toll from the new coronavirus, which emerged less than a year ago in China and has spread across the world, surpassed 1 million on Sunday. The pandemic has devastated the global …
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[ad_1] Davao Mayor Sara Duterte (right) and her brother, Deputy Mayor Sebastián Duterte (File Photo / ARJOY M. CENIZA) MANILA, Philippines – Davao City Mayor Sara Duterte-Carpio applied for a one-week medical leave and appointed her younger brother, Deputy Mayor Sebastian “Baste” Duterte, as acting mayor for the term. An …
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[ad_1] Government lending surpassed the P2 trillion mark in August this year as the Duterte administration needed funds to close the gap between its dwindling revenue and the level of spending required amid the coronavirus-induced recession. Data from the Treasury Office showed that total government funding soared 202 percent in …
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[ad_1] (CNN) – Since taking office in 2012, Chinese President Xi Jinping has helped solidify China’s position as a global superpower and pushed for aggressive foreign policy, making bolder moves in several key spots in Asia. From the South China Sea to the China-India border of the Himalayas, and even …
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[ad_1] MANILA, Philippines – Senator Franklin Drilon criticized the Duterte administration for cutting the Department of Health (DOH) budget by P49 billion despite hardships caused by the COVID-19 pandemic. “The proposed national budget for 2021 was drawn up as if there was no pandemic that we had to deal with,” …
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[ad_1] The president and CEO of the Bank of the Philippine Islands (BPI), Cezar P. Consing, said the bank’s digitization efforts are being upgraded to a version he calls “2.0” in anticipation of better online and banking-based services. On mobile devices, even after COVID. 19 period, and it will reduce …
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[ad_1] Banks prefer Bangko Sentral ng Pilipinas (BSP) securities with short-term maturities of up to two months, according to their most senior official. Governor of the Central Bank of the Philippines (BSP) Benjamin E. Diokno (Bloomberg file photo) BSP Governor Benjamin E. Diokno said that, according to the results of …
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[ad_1] MANILA, Philippines – The Philippine Navy plans to convert two retired oil rigs near Recto Bank in the Western Philippine Sea as observation posts. Vice Admiral Giovanni Carlo Bacordo on Saturday inspected the Nido and Matinloc platforms located northwest of the Palawan coast. The two oil fields closed in …
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[ad_1] The Philippine government’s share of royalties from the Malampaya project operations has so far reached $ 11.7 billion, significantly higher than the estimate of $ 8 billion when the gas field began commercial operations in 2001. The Malampaya gas field uses innovative and sustainable deepwater technology to recover natural …
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[ad_1] The Philippines has probably had the longest COVID-19 quarantine period in Asia. The government clearly took the threat of the virus from the beginning and quite seriously. Although we lacked the ability to test and treat in the early days of the quarantine, I think the lockdown made a …
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