Published July 5, 2021, 9:30 AM
Stock market investors will be watching out for the June inflation figure to be released this week while becoming more optimistic as COVID-19 start to ease and the vaccination drive gains momentum with the arrival of vaccines ordered by the private sector.
PSE photo.
“The improving COVID-19 situation in the Philippines with the country already being classified as a low risk area by the Department of Health may help in sustaining positive sentiment next week,” said Philstocks Financial Senior Supervisor for Research Japhet Tantiangco.
AAA equities Head of Research Chris Mangun also noted that, “Optimism has outpaced cautiousness as vaccination progress outweighs the concerns of elevated COVID-19 cases (more than 5,000 per day).”
Published July 3, 2021, 9:00 AM
Industry thought leaders called for urgent coordinated policy reforms and new development strategies to strengthen the country’s competitiveness through trade and investments.
Former BSP Deputy Governor for Monetary and Economics Sector Diwa C. Guinigundo in his keynote address at the recent virtual business forum hosted by think tank Stratbase Albert del Rosario Institute (ADRi) stressed that the pandemic requires a well-coordinated mix of policy responses and fresh approaches to ensure successful recovery.
Former BSP Deputy Governor for Monetary and Economics Sector Diwa C. Guinigundo (Bloomberg file photo)
“A number of organizations suffer from slow procedures, complex bureaucracies, and rigid hierarchies. The coronavirus has forced us to break through this rigid system and act nimbly to solve pressing issues,” said Guinigundo during the round table discussion with Philippine private business groups.
Published June 28, 2021 7:45am
Updated June 28, 2021 8:32am One million more doses of the Sinovac COVID-19 vaccine arrived in the Philippines on Monday, bringing the country s total supply of the vaccine brand to 12 million doses. The one million doses arrived at the Ninoy Aquino International Airport (NAIA) around 7:30 a.m., according to a report of Mao dela Cruz on Dobol B TV. According to the National Task Force Against COVID-19, the Philippines has 10.1 million doses of Sinovac vaccine, including the latest arrival, plus one million doses from donation, and 900,000 procured by local government units and the private sector. Vaccine czar and National Task Force Against COVID-19 Chief Implementer Carlito Galvez Jr. and Health Undersecretary Maria Carolina Vidal-Taiño welcomed the arrival on Monday of the Sinovac doses.
SunStar
(NTF Against Covid-19) June 28, 2021 THE Philippines received on Sunday evening, June 27, 2021, the first batch of Moderna vaccines and another batch of Sinovac vaccines against coronavirus disease 2019 (Covid-19).
The total volume of vaccines delivered to the country increased to 17,455,470 doses.
Vaccine czar Carlito Galvez Jr. said the shipment consisted of 249,600 doses, of which 150,000 were procured by the national government while 99,600 doses were purchased by the private sector led by the International Container Terminal Services, Inc. (ICTSI).
Galvez said a total of 20 million doses of the Moderna mRNA vaccine are expected to arrive in the country within 2021. Of the total, 13 million doses were procured by the government while the rest were purchased by the private sector.
1M more CoronaVac doses from China arrive bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.