P1.3 TRILLION ECONOMIC STIMULUS BILL GETS HOUSE SUPPORT MANILA — An overwhelming majority of members of the House of Representatives have expressed support for the proposed P1.3-trillion economic stimulus measure to address the impact of the coronavirus disease 2019 (COVID-19) crisis
NPC OPENS, NO GROWTH TARGET SET FOR 2020 China has not set a GDP growth target for this year and will take a slew of forceful financial measures this year to shore up the economy, which has been dragged down by the devastating COVID-19 pandemic, according to the Government Work Report that
680,000 MANILA FAMILIES GET 2ND TRANCHE OF CASH AID MANILA — More than 680,000 families in Manila will receive the second tranche of cash assistance from the city government, Mayor Isko Moreno announced yesterday.
US SENATE PASSES BILL TO BOOST OVERSIGHT AND DELIST CHINESE COMPANIES FROM EXCHANGES The Senate overwhelmingly approved legislation Wednesday that could lead to Chinese companies such as Alibaba Group Holding Ltd. and Baidu Inc. being barred from listing on US stock exchanges amid increa
WORLD BANK TO RESCUE WITH $160-BILLION AID TO 100 NATIONS The Covid-19 pandemic is expected to put over 60 million people into extreme poverty globally, the World Bank has said as it announced emergency operations worth $160 billion in 100 developing countries to fight the deadly virus.
GOVERNMENT TO ENFORCE LOCALIZED LOCKDOWN MANILA — The government may limit lockdowns to barangays or villages with coronavirus cases instead of resorting to widespread community quarantines, to minimize the impact of the pandemic on the economy.
SESSIONS TO SHOW WAY AHEAD As global attention turns to Beijing with the start of China's two sessions on Thursday, experts said that the nation's biggest annual political event will indicate the direction of its socioeconomic development amid the COVID-19 pandemic and will inject confidenc
DONALD TRUMP SHOOTS LETTER TO WHO, THREATENS TO EXIT WORLD BODY US President Donald Trump on Monday threatened to pull America out of the World Health Organization (WHO) and permanently stop US funding for the world body if it did not "commit to major substantive improvements" in the nex
GOV’T LOOKS AT IMPLEMENTING LOCKDOWNS AT BARANGAY LEVEL AS VIRUS RESTRICTIONS EASED MANILA — The government may implement lockdowns at the barangay level as it eases restrictions on movement across the country, the implementer of the national action plan against the coronavirus d
XI: CHINA TO SHARE VACCINE WITH WORLD China announced on Monday it will provide $2 billion over two years to help with COVID-19 response and with economic and social development in affected countries, especially developing countries.