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Philippines News and Around the World


February govt debt balloons to P8.16T

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 27 Mar 2020 19:30:05 +0000

The national government’s outstanding debt expanded to a record P8.16 trillion at the end of February on the back of net issuances of both foreign and local state-issued securities, data from the Bureau of the Treasury (BTr) showed on Friday. In a statement, the Treasury bureau said the amount was a 5.2-percent or P402.25-billion increase […]


ADB to provide $1.6-B loan to PH

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 27 Mar 2020 19:27:30 +0000

The Asian Development Bank (ADB) will release $1.6 billion in additional loans to the Philippines as it renewed its commitment to provide support for the government. “In addition, [the] ADB will deliver three quick-disbursing, policy-based loans totaling $1.1 billion to support ongoing government programs, and a $500-million disaster resilience finance program,” the Manila-based multilateral lender […]


Bourse snaps 3-day rally

Credit to Author: Faye Almazan| Date: Fri, 27 Mar 2020 19:24:14 +0000

The stock market ended its three-day winning streak on Friday after investors decided to cash in. The benchmark Philippine Stock Exchange Index (PSEi) dropped by 2.5 percent or 134.96 points to close at its intraday low of 5,266.2, while the wider All Shares dipped by 0.96 percent to end at 3,219.50. Analysts had expected the […]


Cebu City ships sound horns, firetrucks blare sirens to signal month-long lockdown

CEBU CITY —- At noon on Saturday, ships honked their horns while sirens of firetrucks blared to signal the start of the one-month border closure implemented by the Cebu City government. City Mayor Edgar Labella appealed to the people to be patient and follow the protocols imposed by the government to stop the spread of coronavirus disease (COVID-19). “We need to be strict although I asked the police to observe maximum tolerance in dealing with people,” he said. For one month, strict home quarantine would be implemented while public transportation is suspended. A quarantine pass would be given to each household to allow one person to go out to buy necessities. All establi…

Keep on reading: Cebu City ships sound horns, firetrucks blare sirens to signal month-long lockdown


DOH: Latest deaths from COVID-19 are 14 senior citizens

MANILA, Philippines — Fourteen Filipino senior citizens were the latest fatalities from the coronavirus disease 2019 or COVID-19, the Department of Health (DOH) reported Saturday. In a case bulletin, DOH said that among those who died was patient number 382 or “PH382”, a 63-year-old Filipino female from Quezon City who died on March 18 due to pneumonia. She was also diagnosed with hypertension, diabetes mellitus, and chronic kidney disease. Another fatality was “PH648”, a 71-year-old Filipino male with unknown travel history. He died on March 25 due to “Acute Respiratory Distress Syndrome, Septic Shock, Community-acquired Pneumonia High Risk, COVID 19, Upper Gastrointestinal Blee…

Keep on reading: DOH: Latest deaths from COVID-19 are 14 senior citizens


73-year-old man didn’t eat for over a week in quarantine, fearing he had COVID-19; gets help from nurse

A 73-year-old man in the United Kingdom reportedly went on seven to 10 days without eating because he isolated himself in his home thinking he had COVID-19. Lucy Duncan, a 24-year-old nurse, was fortunately able to help the elderly man after the latter “drove in the side” of the nurse’s car in an attempt to finally get food after more than a week in isolation. The nurse took to Facebook account yesterday, March 27, to detail the incident, which she described as “an eye-opener.” “After working a 12-hour shift, I was driving home from work when someone drove in the side of me, they then drove off,” she said. “I followed the car into [a] street [where] the car had parked up, I …

Keep on reading: 73-year-old man didn’t eat for over a week in quarantine, fearing he had COVID-19; gets help from nurse



What’s The Biggest EV Story Of 2020 Going To Be — Tesla or Europe?

Credit to Author: Zachary Shahan| Date: Sat, 28 Mar 2020 04:10:07 +0000

We’ve got a dramatic increase in EV sales and an even bigger increase in EV market share in Europe due to changing regulations there. Meanwhile, Tesla is blowing up


Tesla & The China Connection

Credit to Author: Carolyn Fortuna| Date: Sat, 28 Mar 2020 01:33:28 +0000

Why is the Tesla/ Shanghai relationship so important


EV Market Share Growing Fast In Top Electrifying Countries

Credit to Author: Zachary Shahan| Date: Fri, 27 Mar 2020 23:11:16 +0000

In January, I wrote about the inspiring electric vehicle adoption trends in 4 top electric vehicle (EV) markets — Norway, Iceland, the Netherlands, and Sweden. I wasn’t planning to provide an update on these countries until at least the end of the 1st quarter, but the results in February were so uplifting that I decided to jump the gun



EPA Relaxes Noncompliance Enforcement During COVID-19 Pandemic

Credit to Author: Sonal Patel| Date: Fri, 27 Mar 2020 16:37:32 +0000

The post EPA Relaxes Noncompliance Enforcement During COVID-19 Pandemic appeared first on POWER Magazine.

Adopting a new temporary policy that gives it more “enforcement discretion,” the Environmental Protection Agency (EPA) said March 26 it does not expect to seek penalties for civil violations of the agency’s rules that result from the COVID-19 pandemic. The policy adopted Thursday addresses concerns that regulated facilities are facing potential worker shortages, travel restrictions, […]

The post EPA Relaxes Noncompliance Enforcement During COVID-19 Pandemic appeared first on POWER Magazine.


FERC, NARUC Want Utility Workers Designated as ‘Essential’

Credit to Author: Darrell Proctor| Date: Fri, 27 Mar 2020 15:06:25 +0000

The post FERC, NARUC Want Utility Workers Designated as ‘Essential’ appeared first on POWER Magazine.

Two agencies aligned with the power generation industry, including the group representing state public service commissioners who regulate utility services, including energy, telecommunications, and water, are asking state regulators to designate utility company workers as essential to the nation’s critical infrastructure during the COVID-19 pandemic. The Federal Energy Regulatory Commission (FERC) and the National Association […]

The post FERC, NARUC Want Utility Workers Designated as ‘Essential’ appeared first on POWER Magazine.


POWER Coverage of the Coronavirus Disease COVID-19

Credit to Author: POWER| Date: Thu, 26 Mar 2020 23:33:25 +0000

The post POWER Coverage of the Coronavirus Disease COVID-19 appeared first on POWER Magazine.

The world is currently under siege by a novel coronavirus disease, known as COVID-19, which has disrupted our entire way of life. Nearly all gatherings of more than a handful of people have been postponed or canceled. A few countries, and even some states, have enacted complete lockdowns of their citizens, with exceptions for only […]

The post POWER Coverage of the Coronavirus Disease COVID-19 appeared first on POWER Magazine.