Philippines morning news for May 18

Philippines morning news for May 18

8 areas back on strict quarantine as virus cases keep rising Cebu City and Mandaue City opted to remain under restrictive lockdown even as six other areas were allowed to stay under enhanced quarantine to stem the spread of the coronavirus. — Philippine Daily Inquirer Airlines losing P150-b revenues Philippine airlines are expecting revenue losses […]

Philippines morning news for May 15

Philippines morning news for May 15

PH war chest vs COVID-19 up to $16.7B, but 4th lowest per person in Southeast Asia The Philippines’ war chest against COVID-19 inched up to $16.7 billion in May, but still lagged behind most of its Southeast Asian neighbours if spending was divided across the population, the latest data compiled by Asian Development Bank (ADB) […]

Philippines morning news for May 14

Philippines morning news for May 14

Budget airlines cancel domestic, in’tl flights till May 31 Budget carriers Cebu Pacific (CEB) and AirAsia Philippines on Wednesday announced further cancellation of all their international and domestic flights from May 16-31. — Philippine News Agency Lower House approves on 2nd reading bill giving “provisional franchise” for ABS-CBN to operate until Oct 2020 The House […]

Philippines morning news for May 13

Philippines morning news for May 13

Philippine president to extend COVID-19 lockdown beyond nine weeks The Philippines will extend its lockdown beyond nine weeks in some areas this weekend, according to its president, stretching one of the world’s strictest and longest community quarantines to try to contain coronavirus outbreaks. — CNA UP experts spot ‘alarming errors’ in DOH’s COVID-19 patient data […]

Philippines morning news for May 12

Philippines morning news for May 12

Airlines seek P 8.6B in monthly subsidy The country’s three largest airline groups are asking lawmakers for financial aid of about P8.6 billion per month, including wage subsidies, as they prepare to restart operations amid uncertain demand. — Philippine Daily Inquirer Senators seek ABS-CBN provisional franchise till June 2022 Thirteen senators on Monday filed a […]

Philippines morning news for May 11

Philippines morning news for May 11

NAIA to resume international arrivals starting May 11 Manila’s Ninoy Aquino International Airport (NAIA) will reopen to inbound international flights starting Monday, May 11, the Civil Aviation Authority of the Philippines (CAAP) said in a notice to airmen (NOTAM) on Saturday, May 9. — Rappler Early easing of ECQ in Metro could result in 1,700 […]

Philippines morning news for May 8

Philippines morning news for May 8

PHL economy declines for first time since 1998 Following 84 quarters of uninterrupted growth, the Philippine economy shrank for the first time since 1998 in the first quarter of 2020, the Philippine Statistics Authority reported earlier this morning. — BusinessWorld Malacañang says Duterte ‘not inclined’ to veto ABS-CBN franchise bill President Rodrigo Duterte will not […]

Philippines morning news for May 7

Philippines morning news for May 7

PH trade drops in March due to Covid-19 restrictions: NEDA The coronavirus disease 2019 (Covid-19) pandemic around the world and the resulting restrictions in production supply chains and global trade flow led to the decline in Philippine trade in March 2020, the National Economic and Development Authority (NEDA) said. — Philippine News Agency Gov’t readies […]

Philippines morning news for May 6

Philippines morning news for May 6

ABS-CBN ordered to go off air as franchise lapses The government on Tuesday ordered broadcast giant ABS-CBN Corp. to “cease and desist” after its license to operate, which Congress is yet to renew, expired. — Philippine Star PH coronavirus cases rise to 9,684, deaths now at 637 The number of confirmed coronavirus cases in the […]

Turbulence ahead: massive revenue and job losses forecast for Asia-Pacific airlines

Turbulence ahead: massive revenue and job losses forecast for Asia-Pacific airlines

The International Air Transport Association (IATA) has doubled-down on its March forecast of the challenges facing the international civil aviation industry, last month forecasting that the lock-downs and border closures could cost Asean airlines $38.2 billion in revenues this year and see the axing of some 7.2 million jobs. The airline trade association forecasts COVID-19 […]

Philippines morning news for May 5

Philippines morning news for May 5

Philippines’ Duterte hikes tariffs on imported oil, refined petroleum Philippines President Rodrigo Duterte on Monday temporarily increased tariffs on imported crude oil and refined petroleum products to fund measures aimed at mitigating the economic impact of the coronavirus outbreak. — Reuters National economy losing P18 billion daily since lockdown–lawmaker AN economist-lawmaker on Monday revealed that […]

Philippines morning news for May 4

Philippines morning news for May 4

PH temporarily suspends all flights starting May 3 The Philippine government temporarily suspended all flights to and from the country starting Sunday morning, May 3, to mitigate the spread of the coronavirus. — Rappler Nearly 10,000 inmates freed as virus hits Philippine jails Nearly 10,000 prison inmates have been released in the Philippines as the […]

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