The Department of Health orders a price freeze on medical supplies in areas affected by the eruption. ABS-CBN NEWS

Mask shortage ‘temporary,’ says DTI

MANILA – With the sudden surge in demand for face masks following the first confirmed 2019 novel coronavirus (2019-nCov) in the country, Department of Trade and...

IMF monitors dev’t on coronavirus in ‘real time’

WASHINGTON – The International Monetary Fund (IMF) is monitoring developments on the coronavirus outbreak in “real time,” a spokesman said Thursday, adding that the economic hit depends...
GT Foundation, Inc. (GTFI), the Ty family foundation, together with Metrobank Foundation, Inc. (MBFI) held the 8th edition of the “Bags of Blessing,” where 10,000 underprivileged families in select areas of the country received bags of food items. Photo shows the main event held on Jan. 25, 2020 at Universidad de Manila in Manila City, where 400 families received assistance. The gift-giving activity was led by Metrobank Group chairman Arthur Ty (6th from left); Federal Land chairman and GTFI president Alfred Ty (5th from right); GTFI honorary chair Mary Ty; GTFI vice president Anjanette Dy Buncio (4th from left); and Metrobank Foundation president Aniceto Sobrepeña (4th from right). They were joined by City of Manila vice mayor Dra. Honey Lacuna (6th from right); Department of Social Welfare and Development regional director for NCR Vicente Gregorio Tomas (2nd from right), and Manila Department of Social Welfare director Ma. Asuncion Fugoso (3rd from right).Simultaneous distributions were held in 25 sites in pre-identified municipalities and cities across Luzon, Visayas, Mindanao, and NCR.

10k families reached through the 2020 ‘Bags of Blessing’

AS an annual tradition, GT Foundation, Inc. (GTFI), together with Metrobank Foundation, Inc. (MBFI) held a simultaneous distribution of “Bags of Blessing” on the day of Chinese...
Bangko Sentral ng Pilipinas hikes the offering for the term deposit facility by P10 billion for today’s auction. ABS-CBN

BSP forecasts January inflation rate between 2.5-3.3%

MANILA – The Bangko Sentral ng Pilipinas (BSP) forecasts January 2020 inflation rate to go up to as high as 3.3 percent, with the lower end...
People hoard bottles of alcohol after the Philippine government confirmed the first case of the new coronavirus in the country, in Makati City. PBS

NEDA sees ‘nCoV’ to have ‘short-term’ effect on economy

THE country’s chief economist brushed off the potential threat of the novel coronavirus (nCoV) to the Philippine economy given the measures taken to contain...
Trade secretary Ramon Lopez. PCOO

PH still up for free trade pact with US, EU

MANILA – The Philippines stays open to lunge discussions on possible separate free trade agreements (FTAs) with the United States and the European Union after talks...
Philippines is bracing for the tourism impact of the novel coronavirus in China, its second biggest tourist market. ABS-CBN NEWS

Boracay water sports biz plunges amid ‘2019-nCoV scare’

FEWER tourists are taking flight over Boracay’s white sand strip as a lockdown in China plunged demand for water sports, highlighting how the outbreak of 2019...
A program called “TriCity ICT Caravan” will be launched by the Bacolod-Negros Occidental Federation for Information and Communications Technology this year to ensure inclusive growth in the information and communications technology sector of the province. PNA

NegOcc ICT dev’t pushed

BACOLOD City – Local industry stakeholders of Negros Occidental continue to prioritize the development of the information and communications technology (ICT) sector in the province’s component...

Panay-Guimaras-Negros mega-bridge gets NEDA Board nod

THE government body tasked with approving major infrastructure projects confirmed on Wednesday the approval of mega-bridges, including the proposed bridge project in the Visayas. The National Economic...
The Bureau of Customs says it will strictly implement measures on the entry of secondhand clothing and imported food products amid the continued spread of the novel coronavirus in several countries. REPORTER.PH

BOC watchful of imported clothing, food products entry amid nCoV scare

THE Bureau of Customs (BOC) said Wednesday it will strictly implement measures on the entry of secondhand clothing and imported food products amid the continued spread...