In its meeting last April 16, 2020, the Monetary Board (MB) decided among others to reduce policy rates by 50 basis points to 2.75% and interest rate on overnight lending facility to 3.25%. 

Statistics show that 77% or more than 7 out of 10 Filipinos have never been to a dentist. This is according to the National Monitoring and Evaluation Dental Survey conducted by the Department of Health. While the Philippine Dental Association (PDA) reported that 78% of Filipino children below 12 years old have dental problems. 

• Throughput increased 5% to 10.2 million TEUs• Revenues grew 7% to USD1.5 billion • EBITDA improved 10% to USD830.1 million

The Department of Transportation (DoTr) said implementation of the Metro Manila Subway project will not be delayed despite the COVID-19 epidemic. 

Local hotels have started offering discounted rates to support the tourism sector’s campaign to envigorate the domestic market, the Tourism Congress of the Philippines (TCP) said. 

Think tank Infrawatch PH asked the Senate to review the Sangley Point International Airport (SPIA) project, its viability put in question. 

The Corona virus epidemic (COVID-19) outbreak has significantly dampened air travel demand and caused the slowest traffic growth in the last decade, according to the International Air Transport Association (IATA). 

Grab Philippines will enter into the motorcycle taxi business ahead of the legalization of two-wheeled taxis in the country. 

Vehicle importers experienced a 16% drop in unit sales in January, attributed to the effect of the Taal eruption and the COVID-19 outbreak. 

Aiming to be an irreplaceable global partner, AISIN joins the 13th Manila Auto Salon at the SMX Convention Center this November 14-17, 2019 to showcase their aftermarket products.