manila

The Asian Development Bank (ADB)

MANILA – The Asian Development Bank (ADB) has granted a $500 million loan to expand the Philippines ‘ war chest against the Covid-19 pandemic. The Manila-based multilateral bank said the loan help support the government’s conditional cash transfer (CCT) program to improve family, youth development and update the list of household living in the poverty threshold. The 3,000 households would also receive livelihood packages. The Expanded Social Assistance Project aims

MANILA - President Rodrigo Duterte

MANILA – President Rodrigo Duterte on Wednesday, signed a law the would establish the country’s first National Academy of Sports. Senator Win Gatchalian, one of the bill’s co-authors and co-sponsor, confirmed the signing of the law that would institutionalize an educational system in aid of the national sustainable sports program. The National Academy of Sports will be offering a full scholarship basis, secondary education to all natural-born Filipino citizens with

San_Miguel

MANILA – SAN Miguel Corp., the country’s largest conglomerate, reported a 20% drop in consolidated net income to ₱5.8 billion in the first quarter of the year while operating income also declined by 20 percent to ₱8.6 billion. In a statement released by the company, it registered consolidated revenues of ₱69.0 billion in 1Q of 2020, a 9% dip the same period last year due to the impact brought upon

Philippine_Airlines

MANILA – Flag carrier Philippine Airlines (PAL) may be forced to  lay off more employees due to revenue losses in the current imposed travel ban in countries hit by the COVID-19 outbreak. The layoff may depend on how its recovery goes once commercial flights are allowed to resume. According to Philippine Airlines President and COO Gilbert Santa Maria in an ANC interview that revenue losses are nearing $1 billion due

economy

MANILA – The Philippines expects to go to recession the damage wrought by the pandemic and lockdowns associated with it are affecting the nation’s economy. Finance Secretary Carlos Dominguez III said in a televised address earlier last month that Covid-19 has hit the economy hard and the estimated GDP (gross domestic product) growth will be 0% to -1%. Asian Development Bank’s outlook for the Philippines is at 2% full-year GDP

Improving-Air-Quality-of-Manila

Just before the Enhanced Community Quarantine, the Philippines was ranked 57th out of 98 countries in the 2019 ranking of the world’s most polluted countries by IQAir AirVisual. Last year, amounts of tiny particulate matter, referred to as PM2.5, averaged 17.6 micrograms per cubic meter (μg / m3), up from 14.6 μg / m3 in 2018. They surpassed the 10 μg / m3 safety cap set by the World Health

Binondo

The district of Binondo in Manila is beginning to be cautious in preventing the possible entry of coronavirus especially in the light of the Chinese New Year festivities on January 25. Because many people are expected to be trooping on the streets during the celebration, barangay officials are aware that transmission of the virus is very likely in this area. As a preventive measure, Johnny Sy, chairman of Barangay 297,

This image is about Pasig River Commission for Rehabilitation

President Rodrigo Duterte returned to Manila on Monday after spending the weekend in Davao City, in the midst of government plans for a potential dangerous eruption of Taal Volcano in Batangas. Senator Christopher “Bong” Go, who accompanied the President during the flight, said they were the first to land at Manila airport suspending arrivals and departures due to security concerns following Taal’s Sunday ash explosion. Panelo said that Duterte had

government of Manila

According to the government of Manila City on Friday, hundreds of trucks were used to clean up the mess left behind by thousands of Black Nazarene devotees during the Traslacion 2020. Advertising The Manila Department of Public Services gathered about 330 tons of garbage equal to 68 truckloads during the religious event that took place on Thursday. However, this figure was relatively lower than last year’s figure. On the basis

This image is about the world's worst city to ride

A September 2019 navigation software study by Waze found that because of the traffic woes in the country, Filipinos will need five minutes to travel a one-kilometer stretch of road. This figure increases the possibility that Metro Manila will be named the worst city in the world to drive in for the second year in a row. The Development Authority of Metro Manila (MMDA) pointed to the number of vehicles