Philippines: Sugar ‘crisis’ tests Marcos’ presidency
MANILA – Ferdinand Marcos Jr. is facing his first major test since becoming Philippine president — a major sugar shortage, which is threatening to sour his endeavors to revitalize the agriculture sector. This sugar shortage comes as rising commodity prices … Continue reading Philippines: Sugar ‘crisis’ tests Marcos’ presidency
Hong Kong bans flights from India, Pakistan, the Philippines
HONG KONG – Hong Kong will suspend flights from India, Pakistan and the Philippines from April 20 for two weeks after the N501Y mutant COVID-19 strain was detected in the Asian financial hub for the first time, authorities said in … Continue reading Hong Kong bans flights from India, Pakistan, the Philippines
Philippines receives 13 Million Doses of Vaccine
CAMBRIDGE, Mass. – Moderna, Inc. (Nasdaq: MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced a supply agreement with the Government of The Philippines for 13 million doses of the COVID-19 Vaccine Moderna. Under the terms … Continue reading Philippines receives 13 Million Doses of Vaccine
Philippines: 31 million people affected by typhoon
Manila – A super typhoon weakened after barreling through the southern part of the Philippines’ main island of Luzon on Sunday, with officials reporting at least four deaths, power outages, infrastructure damage and flash floods. Goni is among the strongest … Continue reading Philippines: 31 million people affected by typhoon
Cebu Pacific to raise US$ 500m fresh capital
Manila – Philippine budget carrier Cebu Pacific (CEB) is seeking to raise US$500 million in additional capital to beef up its balance sheet so as to weather the pandemic storm. CEB told the Philippine Stock Exchange that it will seek … Continue reading Cebu Pacific to raise US$ 500m fresh capital