#coronavirusimpact 3/5

LLOYD’S PREDICTS $203-B LOSSES FOR INSURERS BECAUSE OF PANDEMIC

The Financial District

May 14, 20201 min read

LLOYD’S PREDICTS $203-B LOSSES FOR INSURERS BECAUSE OF PANDEMIC

Lloyd’s of London, the world’s largest insurance exchange, has predicted a total of $203 billion in losses for insurers after the COVID-19 p

AFRICAN AQUACULTURISTS FEAR HUGE LOSSES DUE TO PANDEMIC

The Financial District

May 14, 20201 min read

AFRICAN AQUACULTURISTS FEAR HUGE LOSSES DUE TO PANDEMIC

African aquaculturists are worried that the COVID-19 pandemic would spur a global food crisis, with the entire entire value chain from pre-p

EU SETS OUT GUIDELINES FOR EASING TOURISM, CROSS-BORDER TRAVEL

The Financial District

May 14, 20201 min read

EU SETS OUT GUIDELINES FOR EASING TOURISM, CROSS-BORDER TRAVEL

The European Commission has set out guidelines to allow the resumption of tourism so that people may be able to stay in hotels, eat in resta

US SENATORS SEEK FUNDS FOR PORK PRODUCERS WHO EUTHANIZED PIGS

The Financial District

May 14, 20201 min read

US SENATORS SEEK FUNDS FOR PORK PRODUCERS WHO EUTHANIZED PIGS

U.S. Senators from both sides of the aisle are urging Congress to provide more cash to the Department of Agriculture to enable it to help po

JG SUMMIT REPORTS LOWER INCOME ON CEBU AIR TURBULENCE

The Financial District

May 14, 20201 min read

JG SUMMIT REPORTS LOWER INCOME ON CEBU AIR TURBULENCE

JG Summit Holdings, Inc. today reported lower first quarter earnings of P4.26 billion, down 18.8 % from its year-ago level of P5.24 billion

The Financial District

May 14, 20201 min read

UN WARNS OF GLOBAL MENTAL HEALTH CRISIS

The United Nations (UN) has warned nations to be ready to grapple with a mental illness crisis as millions of people are literally surrounde

The Financial District

May 14, 20201 min read

UK ECONOMY SINKS 2% IN FIRST QUARTER

The United Kingdom (UK) has a case of a bad cold, with the economy sinking 2% in the first quarter of 2020 compared to the previous quarter,

The Financial District

May 14, 20201 min read

HITACHI GROUP PRODUCE FACE SHIELDS

The Hitachi Group began production of face shields as a support for medical professionals who are working hard to diagnose and treat COVID-1

PILIPINAS SHELL POSTS HUGE P5.5 BILLION LOSS

The Financial District

May 14, 20201 min read

PILIPINAS SHELL POSTS HUGE P5.5 BILLION LOSS

The collapse in global oil prices, coupled with the slowdown in economic activity under a government-imposed quarantine due to the coronavir

CENTERS FOR DISEASE CONTROL AND PROTECTION (CDC)

The Financial District

May 13, 20201 min read

CENTERS FOR DISEASE CONTROL AND PROTECTION (CDC)

The Centers for Disease Control and Protection (CDC) has just released a comprehensive video guide on how to protect yourself from...

YOUTUBE, NETFLIX, DISNEY+ AND APPLE TV TO BENEFIT MOST FROM COVID 19

The Financial District

May 13, 20201 min read

YOUTUBE, NETFLIX, DISNEY+ AND APPLE TV TO BENEFIT MOST FROM COVID 19

For wireless operators, there is even more mobile video traffic to come as consumers continue to cut the cord and shun traditional broadcast

NEW COVID-19 OUTBREAKS ZAP WUHAN, SHULAN CITY

The Financial District

May 13, 20201 min read

NEW COVID-19 OUTBREAKS ZAP WUHAN, SHULAN CITY

Six new COVID-19 cases in Wuhan City and 14 more in Shulan City in Jilin province of China on May 12 have punctured the façade of confidence

GOVERNMENT REVENUE LOWER BY P560.5 BILLION

The Financial District

May 13, 20201 min read

GOVERNMENT REVENUE LOWER BY P560.5 BILLION

Government revenues this year is expected to be lower by P560.5 billion due to the Covid 19 pandemic with revenue collections seen to hit P2

NEDA: COVID 19 IMPACT SEEN AT P2 TRILLION

The Financial District

May 13, 20201 min read

NEDA: COVID 19 IMPACT SEEN AT P2 TRILLION

The National Economic and Development Authority (NEDA) projects the potential impact of the Covid 19 pandemic on the economy at P2 trillion

MAJORITY IN US REJECT COVID-19 PROTESTS: AP-NORC POLL

The Financial District

May 13, 20201 min read

MAJORITY IN US REJECT COVID-19 PROTESTS: AP-NORC POLL

The Associated Press has found out that the majority of Americans reject the protests against restrictions aimed at reducing the spread of t

PHILIPPINE STOCK EXCHANGE STILL LISTLESS

The Financial District

May 13, 20201 min read

PHILIPPINE STOCK EXCHANGE STILL LISTLESS

13 mAY 2020 - The Philippine Stock Exchange (PSE) remained listless today with a lack of solid news especially from abroad as the uncertaint

The Financial District

May 13, 20202 min read

QATAR AIRWAYS

Qatar Airways has just announced that it will be giving away 100,000 free tickets to frontline healthcare professionals to say thank you for

GLOBAL STOCK MARKETS GO SOUTH ON FEARS OF NEW COVID 19 WAVE

The Financial District

May 13, 20201 min read

GLOBAL STOCK MARKETS GO SOUTH ON FEARS OF NEW COVID 19 WAVE

Stock markets retreated on Monday, May 11, as a spike in new COVID-19 cases flattened expectations of steady advance against the pandemic, w

The Financial District

May 12, 20201 min read

WUHAN INSTITUTE OF VIROLOGY (WIV)

The Wuhan Institute of Virology (WIV) has a secure level 4 laboratory from which coronaviruses cannot escape, insists Yuan Zhiming, director

GCASH DEMAND ZOOMS AMID PANDEMIC IN THE PHILIPPINES

The Financial District

May 12, 20201 min read

GCASH DEMAND ZOOMS AMID PANDEMIC IN THE PHILIPPINES

The COVID-19 pandemic and the lockdown all over Luzon have led to the skyrocketing demand for digital technologies and smartphone apps in co

DOMINGUEZ CHARTS ROADMAP TO ECONOMIC RECOVERY

The Financial District

May 12, 20202 min read

DOMINGUEZ CHARTS ROADMAP TO ECONOMIC RECOVERY

Accelerating the implementation of the Duterte administration’s audacious P9 trillion Build, Build Build infra program has been singled out

The Financial District

May 12, 20201 min read

STIMULUS MAYBE ‘TOO LITTLE, TOO LATE’

Writer Umair Haque has warned in his recent Medium News Digest essay that the US economy is committing suicide by crafting stimulus packages

SOLONS WANT 10% HIKE IN OIL IMPORT DUTY FROZEN

The Financial District

May 11, 20201 min read

SOLONS WANT 10% HIKE IN OIL IMPORT DUTY FROZEN

President Duterte would help more than 50 million Filipinos covered by a lockdown all over Luzon due to the COVID-19 pandemic if he revokes

The Financial District

May 11, 20201 min read

BANANA, TOP EXPORT PRODUCT IN Q1

Banana topped the country’s agri-fishery sector exports with $489 million, 37.3 % of the total exports of $1.31 billion for the first quart

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