FDI hit a net inflow of $608 million in the second month of 2021, down 2.2% on-year which the central bank considered as a “slight decline.”

Bank lending is down for a fourth straight month, while bad loans rose to their highest since August 2009.

Cebu Air Inc. incurred P7.3 billion in net losses from January to March, a significant jump from just P1.18 billion a year ago.

In a briefing Monday, Health Undersecretary Maria Rosario Vergeire said the DOH does not purchase remdesivir because it does not have a certificate for product registration in the country.

The Supreme Court has set up an emergency care unit in its compound that will house employees of tribunal and third level courts infected with the novel coronavirus while waiting for hospital confinement.