Australia’s consumer watchdog said it was investigating Qantas for alleged anti-competitive behavior, after its CEO appeared to call for rival Virgin Australia to be cut out of a massive government bailout.

The COVID-19 pandemic sledgehammered Asia Pacific airlines the most as passenger demand plunged 41% at the start of travel restrictions last February, according to the latest International Air Transport Association (IATA) data.

Despite a Luzon-wide lockdown, construction of the ₱9.36-billion Clark International Airport’s new passenger terminal building is almost complete, according to Megawide, project proponent.

The MVP group of companies, led by PLDT and Smart Communications, donated a fleet of 30 units of Toyota Vios sedans and cargo vans to the country’s Armed Forces of the Philippines.

The automotive industry is offering its expertise and manpower to the hospital sector as it gears up to build mechanical ventilators during the coronavirus pandemic, an initiative that is being met with some skepticism.

Oil languished at multi-year lows, with WTI crude close to its weakest level since 2002, as dire warnings about a virus-triggered demand shock overshadowed massive output cuts.

A big number of businesses, including micro, small and medium enterprises (MSMEs), are planning to do rapid testing on their workers to fasttrack resumption of their operations.

The National Economic and Development Authority (NEDA) and local economists expect the economy to post a deep contraction in the second quarter this year due to the COVID-19 pandemic.

Finance Secretary Carlos Dominguez III rejected a call for government to consider a moratorium on its debt payment to raise more funds to fight the COVID-19 pandemic, calling it ‘narrow-sighted’.

Government is considering a “rolling restart” and “rolling reopening” schemes for the gradual lifting of the Luzon-wide enhanced community quarantine after April 30 to help jumpstart the economy while the coronavirus disease 2019 (COVID-19) pandemic is being contained, according to a member of the Inter-Agency Task Force (IATF) on Emerging Infectious Diseases.