January, 2021

• 7 January

  New service at Mindanao Container Terminal links Southern Philippines to Asia, Middle East

  

  Mindanao Container Terminal (MCT) welcomes the new year strong with the launch of Regional Container Line’s (RCL) South Philippines 6 (RSP6) service that connects the Philippines’ Visayas and Mindanao regions to Asia and the Middle East via Singapore.

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• 7 January

  Adriatic Gate Container Terminal hits 300,000 TEU milestone

  

  Despite the challenges of the global pandemic, Adriatic Gate Container Terminal (AGCT) in Rijeka, Croatia reached a significant milestone, surpassing 300,000 TEUs on 23 December and setting a new record annual terminal volume.

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December, 2020

• 15 December

  Philippines wants to lead international VCO trials vs COVID-19

  

  The Philippines is planning to take the lead in the global “solidarity trials” for virgin coconut oil (VCO) as a possible cure for COVID-19, revealed a scientist involved in the VCO study. 

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• 15 December

  DND wants to buy 16 more Black Hawk choppers

  

  The Philippine Air Force (PAF) is considering purchasing another 16 Sikorsky S70i Black Hawk helicopters from Lockheed Martin even if delivery of the initial six from the first batch of 16 orders have yet to be completed. 

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• 15 December

  ‘Vaccine nationalism’ leaves poor nations – UN

  

  United Nations Secretary-General Antonio Guterres warned that “vaccine nationalism” was moving “at full speed,” leaving poor people around the globe watching preparations for COVID-19 inoculations in several rich nations while wondering if and when they will also get the vaccines. 

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• 15 December

  US committee favors Pfizer vaccine approval

  

  A committee of scientists, experts, specialists and researchers put together by the US Food and Drug Administration (FDA) has voted recommending approval of the Pfizer-BioNTech COVI-19 vaccine for emergency use. 

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• 15 December

  $9-B ADB facility to help members access vaccines

  

  The Asian Development Bank (ADB) has launched a $9 billion vaccine initiative—the Asia Pacific Vaccine Access Facility (APVAX)— offering rapid and equitable support to its developing members as they procure and deliver effective and safe coronavirus disease (COVID-19) vaccines.  “As ADB’s developing members prepare to vaccinate their people as soon as possible, they need financing to procure vaccines as well …

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• 15 December

  Philippine Grade 4 pupils lowest in math, science: int’l study

  

  The Philippines ranked lowest among 58 countries in an international assessment for mathematics and science for Grade 4 students. 

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• 15 December

  Holidays boost confidence among consumers, firms

  

  Relaxing quarantine restrictions and the projected high consumer demand during the Christmas season are fueling business optimism for the rest of 2020 while consumers’ pessimism for next year gets diminished.  Several Bangko Sentral ng Pilipinas (BSP) surveys indicated that businesses and consumers are starting to be more confident in the final 3 months, going into the first quarter of 2021. …

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• 15 December

  Philippine economy to shrink 8.5% in 2020 – ADB

  

  The Asian Development Bank is projecting the Philippine economy to shrink 8.5% in 2020 due to the impact of a protracted pandemic. 

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