Archive for June 25th, 2020
Robredo: Government failed to ‘act urgently’ at the onset of COVID-19 crisis
Vice President Leni Robredo on Thursday said the government response was lacking at the onset of the COVID-19 crisis. “We didn’t act urgently when the pandemic [...] » More
No need for Duque to take a leave but DOH must improve COVID-19 response — Robredo
Health Secretary Francisco Duque III does not have to take some time off work while the Office of the Ombudsman investigates his agency’s alleged lapses in the handling of [...] » More
Philippines launches investigation into Wirecard’s phantom billions
Wirecard’s $2.1 billion accounting scandal is being investigated by the Philippines, which said that the German payments firm’s former chief operating officer [...] » More
‘Small amounts’ from Wirecard-linked person entered Philippines — DOJ
“Small” amounts of money entered local bank accounts of a person with ties to a German payments firm, escalating the Philippines’ probe of billions in cash missing on [...] » More
IMF: Philippine economy to shrink by 3.6%
The International Monetary Fund (IMF) expects the Philippine economy to contract by 3.6 percent this year amid a deeper global economic slump caused by the coronavirus [...] » More
Malaysia’s political uncertainty seen keeping country stuck in middle-income trap for next decade
Malaysia’s bid to rise in the economic value chain is set to stay stagnant, according to Fitch Macro Country Risk and Industry Research that predicted the country’s [...] » More
As MOH sets zero case target in July, victory over Covid-19 in sight?
July is the much-awaited month of the year as the country is expected to be free of Covid-19 after the fight against it began in January this year. This freedom is subject to [...] » More
Stocks slump on virus, trade war concerns
European and US stock markets sank Wednesday, with investors worried over rising coronavirus infections in several countries as trade tensions between Brussels and Washington [...] » More
India reinforces flashpoint area as China holds ground: sources
25/Jun/2020 Intellasia| AFP Indian fighter jets roared over a flashpoint Himalayan region Wednesday as part of a show of strength following what military sources say has been [...] » More
White House ‘says Huawei is backed by Chinese military’ in move that could lead to sanctions
Washington has led an international campaign to convince its allies, including the UK, that Huawei is a threat to their national security The Trump administration has [...] » More
Markets mixed as investors track second wave, new lockdowns
Equities were mixed Wednesday in Asia after a healthy run-up the day before as traders weigh positive data suggesting economies are recovering against signs of a second wave [...] » More
Asia shares mixed after US rally despite rising virus fears
Asian shares were mixed Wednesday following another rally on Wall Street, tempered by fears over surging coronavirus cases in various parts of the world. Japan’s [...] » More
HK to launch health code system to facilitate people travelling to Guangdong, Macau
Secretary for Food and Health of China’s Hong Kong Special Administrative Region government Sophia Chan said on Wednesday that Hong Kong will develop a local health [...] » More
HK Book Fair exhibitors urged to exercise ‘self-discipline’, avoid selling ‘unlawful’ books as security law’s passage looms
The organiser of the annual Hong Kong Book Fair has urged exhibitors to exercise “self-discipline” and avoid selling “unlawful” books at this [...] » More
Embattled HK public broadcaster RTHK falls afoul of foul-language rules after airing rap song ‘Jackie Chan’
Hong Kong’s public broadcaster, the subject of repeated controversy in recent months, has received a warning from the Communications Authority for playing an [...] » More