covid-19-impact | ABS-CBN News

ILO calls for 'human-centered' recovery from pandemic

ABS-CBN News
Posted at Feb 28 03:28 PM

The International Labor Organization on Monday said it was calling for "human-centered" global recovery in employment. Read more »

UK's Heathrow Airport flags tepid travel recovery until 2026

Reuters
Posted at Oct 26 03:14 PM

Britain's Heathrow Airport Ltd said on Tuesday it was still reporting losses and does not expect air traffic to recover completely until at least 2026. Read more »

COVID-19 tourism impact could top $4 trillion: UN

Agence France-Presse
Posted at Jun 30 01:41 PM

The economic impact from the plunge in tourism since the pandemic emerged last year could top $4 trillion, a UN report said Wednesday. Read more »

PAL operator incurs P73 billion loss in 2020, airline to undergo restructuring

ABS-CBN News
Updated as of Jun 17 11:44 AM

Philippine Airlines Holdings Inc said Thursday it incurred a net comprehensive loss of P73 billion for the year 2020 reflecting the “extraordinary impact” of the COVID-19 pandemic on operations of subsidiary Philippine Airlines. Read more »

Mothers are ‘frontliners of our homes’ during pandemic, says sociologist

Bianca Dava, ABS-CBN News
Posted at May 07 05:17 PM

MANILA - Single mom Marian Valdez lost her job at a bar in Quezon City during the first few months of the enhanced community quarantine last year.    Read more »

How the pandemic is hurting university students' mental health

The Conversation/Reuters
Posted at May 05 04:00 AM

Universities and colleges have been forced to switch to online teaching and learning. Many were unprepared for this move to what is termed emergency remote teaching and learning. Read more »

Loan guarantees hiling ng ilang airlines sa harap ng pagkalugi sa pandemya

ABS-CBN News
Posted at Apr 30 09:01 PM

Hiniling ng airline industry na mabigyan sila ng loan guarantees lalo’t bilyon-bilyon na ang nawala sa kanila dahil sa COVID-19 pandemic.  Read more »

'Tipid-tipid na naman': Mga kutsero problemado sa limitadong negosyo sa Intramuros

ABS-CBN News
Posted at Mar 17 02:50 PM

Dumadaing ang ilang kutsero sa Intramuros sa Maynila sa muling pagsasara ng ilan sa mga pasyalan sa lugar, sa harap ng pagsipa ng COVID-19 cases.  Read more »

Ilang MSMEs umutang sa gobyerno para mabuhay ang negosyo

ABS-CBN News
Posted at Feb 19 09:54 PM

May ilan na binuhay ang sariling negosyo gamit ang utang mula sa gobyerno. Read more »

Philippine economy seen contracting again in Q1, return to positive growth in Q2

ABS-CBN News
Posted at Feb 17 12:29 PM

Former Socioeconomic Planning Secretary Ernesto Pernia said the country could post year-on-year gross domestic product (GDP) growth in the second quarter as the government further eases restrictions and rolls out vaccines.  Read more »

Inflation slowing down, BSP likely to cut rates anew by 25 bps: economist

ABS-CBN News
Posted at Feb 02 04:48 PM

The Bangko Sentral will likely its policy rate again by at least 25 basis points to help the national government's infrastructure program and boost the economy amid the continuing impact of the pandemic, an economist said Tuesday.   Read more »

Ayala Corp chair sees full economic recovery by fourth quarter of 2022

Bruce Rodriguez, ABS-CBN News
Posted at Jan 22 07:01 PM

Ayala Corp Chairman Jaime Augusto Zobel de Ayala, one of the country's top business leaders, said Friday the Philippine economy will likely recover to pre-pandemic levels by the fourth quarter of 2022. Read more »

Philippines trade deficit narrows to smallest in five months in Nov

Neil Jerome Morales and Enrico Dela Cruz, Reuters
Posted at Jan 08 11:13 AM

Philippine exports grew at the fastest pace in 10 months in November while imports contracted the most since August to yield the smallest trade deficit in five months, government data showed on Friday. Read more »

Philippines cuts export targets due to COVID-19 impact

ABS-CBN News
Posted at Jan 04 11:52 AM

The Philippines lowered its export target for 2022 to $103.9 billion from $130 billion, citing the impact of the COVID-19 pandemic. Read more »

Japan snaps 19-month decline in factory activity in Dec

Daniel Leussink, Reuters
Posted at Jan 04 09:08 AM

Japan's factory activity ended a record 19-month run of declines in December as output stabilized for the first time in two years, suggesting manufacturers are shaking off the negative impact from the coronavirus pandemic. Read more »

Get your money’s worth from telemedicine

Aneth Ng-Lim
Posted at Nov 23 09:52 AM

Because of COVID-19 teleconsultations or telemedicine have become popular with patients of all ages. Whether you have a Yay or Nay doctor, you always come first, so invest in your health with the right tools and the best possible telemedicine partner for now with these tips.   Read more »

United, American Airlines to scrap change fees for overseas flights

Mrinalika Roy, Reuters
Posted at Nov 20 10:51 AM

United Airlines and American Airlines said on Thursday they will scrap change fees for long-haul international flights, mirroring their move on domestic flights in a bid to revive bookings and air travel demand hit by the pandemic.   Read more »

U.S. airline CEOs renew request for more aid in letter to Congress

David Shepardson and Tracy Rucinski, Reuters
Posted at Nov 19 03:37 PM

The chief executives of the seven largest U.S. airlines made a fresh plea for more payroll relief before the end of the year and pointed to the challenges of distributing a COVID-19 vaccine in a letter to Congressional leaders on Wednesday. Read more »

DOH preparing aid for health workers affected by Super Typhoon Rolly

ABS-CBN News
Posted at Nov 07 01:47 PM

MANILA— The Department of Health said Saturday it would provide assistance to health workers who were affected by Super Typhoon Rolly, which battered parts of the Bicol Region just days ago.    Read more »

Indonesia's economy shrinks year-on-year in Q3, suffers first recession in over 20 years

Reuters
Posted at Nov 05 12:58 PM

Southeast Asia's largest economy shrank 3.49% on an annual basis in the July-September period, compared with a 3% decline forecast in a Reuters poll. The economy contracted 5.32% in the second quarter. Read more »