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Money supply expected to sustain growth

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Growth of domestic liquidity or M3 is projected to remain in the mid-single digits in the near term, an economist said Thursday, noting excess liquidity in the system that is being siphoned off through the various central bank facilities, according t...

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House committee approves bill on Maharlika Investment Fund 

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A measure seeking the creation of a sovereign wealth fund (SWF) to maximize the profitability of investible government assets for the benefit of all Filipinos hurdled committee level at the House of Representatives, according to a report by Phil...

SMC Infra cuts toll stops at expressways

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SMC Infrastructure implements its “Seamless Southern Tollways” program which will eliminate the need for northbound and southbound motorists to do multiple toll stops within the expressways.  For years, it’s been the expected ...

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PH registers 3,822 new Covid cases

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The Philippines' COVID-19 tally increased to 3,951,766 with 3,822 new cases reported on Saturday, the Department of Health said in a report by GMA News.

Saturday's COVID-19 tally came after two days of fewer than 3,000 new cases being recorded. 

Active cases climbed to 29,525 from 29,118 on Friday. 

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The National Capital Region had the highest number of new infections in the past two weeks with 14,299, followed by Calabarzon with 5,634, Central Luzon with 2,958, Davao Region with 1,386, and Western Visayas with 763. 

Thirty-four new fatalities were recorded, pushing the death toll to 62,981, while the recovery tally jumped to 3,859,260 with 3,285 new recoveries. 

As of Friday, the national bed occupancy rate was 24.9%, with 7,171 beds occupied and 21,634 vacant. 

A total of 18,202 individuals were tested on Friday, while 334 testing laboratories submitted data.


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