The shift to more targeted lockdowns and the plan to ramp up mass vaccination will augur well for the Philippines’ economic recovery, which think tank Moody’s Analytics on Thursday said had been slowed down by prior missteps in pandemic response. “The Philippines is beginning to take a more integrated approach to managing the economic impact…
A new increase in COVID-19 cases in the Philippines and across the world once again distresses health-care systems. As daily cases rise to dangerous levels, largely because of the fiercer Delta strain of the coronavirus, health workers are bracing to relive their experiences during past surges—countless hours on duty as their hospitals reach full capacity…
The Philippines is seen avoiding a slowdown in its economic rebound in the third quarter amid relatively lower COVID-19 infections compared to its neighbors suffering from surges and with mass vaccination picking up, UK-based think tank Pantheon Macroeconomics said. The Philippines would also likely join Indonesia and Thailand in achieving instead of 2023, Pantheon Macroeconomics…
The declining number of COVID-19 cases in the Philippines augurs well for economic recovery and the return of jobs lost amid last year’s pandemic-induced steep recession. But three think tanks on Monday cautioned the government against letting down its guard against the virus, especially as the more contagious Delta variant forced renewed lockdowns which hurt…
When the Group president of Jollibee Foods Corp. and managing director of McDonald’s Philippines set aside their companies’ fierce rivalry in the fast-food sector in favor of pooling their expertise and resources to pursue a common goal for the Philippines, good things will likely happen. Among these is the acceleration of the government’s COVID-19 vaccination…
After a year of doom and gloom brought about by the COVID-19 pandemic, local business leaders are seeing the light at the end of the tunnel. Eric Teng, president of the Restaurant Owners of the Philippines (Resto PH), an organization of restaurant owners; Wick Veloso, new president of the Bankers Association of the Philippines; and…
The country’s oldest conglomerate Ayala Corp. has contributed a total of P13.1 billion so far in the intervention efforts against the COVID-19 pandemic, more than half of which were from its property crown jewel Ayala Land Inc. (ALI) “With the steady rollout of our ambitious national vaccination program, of which the Ayala group and especially…
Even before the COVID-19 pandemic struck, Philippine companies, including the Ayala group, were already working on programs around the evolving, expanded role of private institutions in society. And that expanded role is to help address the pain points of the community at large, and of the nation even—not just of our shareholders—and to be more…