The Philippines’ GDP shrunk 0.2 percent in the first three months of 2020, recording the first contraction since the fourth quarter of 1998, announced the Philippine Statistics Authority (PSA) on May 7.
The Philippines' headline inflation further slowed down to 2.2 percent in April, from 2.5 percent in the previous month, the Philippine Statistics Authority (PSA) said on May 5.
The Philippines decided to suspend all incoming passenger flights for one week from May 3 to help reduce pressure on quarantine facilities which are housing thousands of Filipino repatriates.
The Philippines’ Bureau of Customs (BOC) is rolling out the electronic tracking of containerised cargo (E-TRACC) system in various ports nationwide next month as part of efforts to automate operations and processes towards enhanced trade facilitation and strengthened border protection.
The Asian Development Bank (ADB) on April 27 approved a 200 million USD loan to support the Philippine government's effort to provide emergency cash subsidies to vulnerable households amid the COVID-19 pandemic.
Philippine President Rodrigo Duterte has extended a lockdown in the capital Manila and high-risk localities in Luzon island for two more weeks until May 15 to contain the COVID-19.
A Filipino sailor who lost consciousness while working on a Panamanian vessel was rescued early on April 23 by staff from the Maritime Search and Rescue Coordination Centre (MRCC) of Region 3 based in the southern province of Ba Ria-Vung Tau.
The Philippines is likely to lose about 228 billion PHP (4.5 billion USD) this year in remittances from about 10 million overseas Filipino workers (OFWs) due to the COVID-19 pandemic.
The Philippine military said on April 17 that 11 soldiers were killed and 14 others were wounded in an hour-long clash with Abu Sayyaf militants in the remote southern province of Sulu the same day.
Philippine President Rodrigo Duterte on April 17 warned about a martial law-like crackdown to stop people flouting a virus lockdown in the nation's capital.
The southern province of Ba Ria-Vung Tau’s Border Guard Command and the provincial Department of Home Affairs transferred a sailor found adrift at sea to the Philippine Consulate General in Ho Chi Minh City on April 16.
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