- Consolidated revenues of $3.7 billion, increasing by 5% year-over-year; consolidated adjusted EBIT(1) of $60 million, down 65% year-over-year, $156 million of reported EBIT; free cash flow usage(1) of $1.6 billion; operating cash flow usage of $1.5 billion
- Cash on hand of $2.1 billion,
DURHAM, N.C., May 07, 2020 (GLOBE NEWSWIRE) — Advanced visualization and artificial intelligence leader TeraRecon today announced the release of two new lung density analysis solutions for the assessment and necessary follow-up care of COVID-19 patients. These solutions, the Lung Density Analysis II (LDA-II) workflow …Read More
The Archdiocese of Manila has prepared guidelines for religious services, including the holding of Masses, once the government allows the conduct of these activities.
Apostolic Administrator of the archdiocese, Bishop Broderick Pabillo, said Thursday the protocol would be practiced to make sure religious activities do …Read More
The total number of confirmed cases of the coronavirus disease 2019 (Covid-19) in the country has reached 10,343, with 330 more persons contracting the disease.
In its case bulletin Thursday, the Department of Health (DOH) also reported 112 new recoveries and 27 new deaths.
The …Read More
About 94 percent of economic activities will open under a general community quarantine (GCQ), Trade Secretary Ramon Lopez said Thursday.
But Lopez said companies are still encouraged to implement work-from-home arrangements even when most of the economic activities will return under GCQ.
He said the …Read More
The government will give Metro Manila and other “high-risk” areas, which are currently placed under enhanced community quarantine (ECQ), enough time to transition to general community quarantine (GCQ), Malacañang said on Thursday.
In a virtual presser, Presidential Spokesperson Harry Roque said the Inter-Agency Task Force …Read More
Depending on the speed of containment, the duration of travel restrictions, and the shutdown of borders, the World Tourism Organization (UNWTO) projects international tourism to decline by 58 percent to 78 percent year on year in 2020.
This places millions of livelihoods at risk and …Read More
Philippine Ambassador to the United Arab Emirates (UAE) Hjayceelyn M. Quintana expressed happiness over the negative test result for coronavirus disease 2019 (Covid-19) of a one-and-a-half-year-old Filipino baby, three weeks after both he and his mother were informed that they were positive of the disease …Read More
Iloilo Governor Arthur Defensor Jr. on Thursday assured he has met with the 43 local chief executives in the province for the preparation of quarantine facilities for repatriated overseas Filipino workers (OFWs) and other stranded individuals.
“There is another batch coming but I do not …Read More
The International Council of Nurses (ICN) said Wednesday it believes at least 90,000 health care workers had been infected and more than 260 nurses had died in the coronavirus disease 2019 (Covid-19) pandemic.
Failure by governments to record infection rates and deaths of health care …Read More
The Department of Foreign Affairs (DFA) on Thursday reported that 21 new cases of coronavirus disease 2019 (Covid-19) as well as 34 recoveries among Filipinos abroad were added to the overall tally for May 7.
Of the 46 countries and regions with Covid-19 afflicted Filipinos, …Read More
Despite operating only 20 percent capacity in international flights for May and June, Korean Air (KE) would retain its Manila-Incheon-Manila routes, along with 30 other international routes.
Kim Ah-Hyun of KE’s Global Communications team told the Philippine News Agency (PNA) in an email on Thursday …Read More
Waking up at 6 a.m. to fall in long queues at the MRT and hopping on the bus only to arrive just in the nick of time before the meeting starts were the routines we struggled with when everything was still normal.
Now, we may …Read More
The goal for an A-level credit rating by 2022 remains but efforts towards this need to be sidelined a bit because the primary task now is to lift the Philippine economy from the pandemic.
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno, in a briefing …Read More
Western Visayas recorded three new coronavirus disease 2019 (Covid-19) recoveries on Thursday, bringing the total of the region to 34, the Department of Health-Center for Health Development (DOH-CHD) 6 (Western Visayas) said.
Dr. May Ann Soliva-Sta. Lucia, DOH-CHD 6’s health promotion head, said the recoveries …Read More
The Philippine Stock Exchange index (PSEi) ended higher Thursday but the peso weakened against the US dollar due partly to the negative print of the domestic economy’s first quarter output this year.
The main equities index gained 0.25 percent, or 13.89 points, to 5,653.16 points.…Read More
This province is now ready to conduct mass testing for suspected coronavirus disease 2019 (Covid-19) cases and medical front-liners with the arrival of the 1,428 swab test kits procured from the Philippine Red Cross (PRC).
The provincial government and the PRC have partnered for the …Read More
Governor Gwendolyn Garcia has ordered a 14-day quarantine and mandatory swab testing of all children in conflict with the law (CICL) to be released from any of the holding facilities in the province to prevent the spread of coronavirus disease 2019 (Covid-19).
Garcia issued executive …Read More
The City Social Welfare and Development Office (CSWDO) needs two more days, or until Saturday, to finish the distribution of the cash assistance to over 60,000 beneficiaries here, an official said Thursday.
Helen Bagasao, CSWDO chief, said they are presently attending to recipients of the …Read More
Seventy-two front-liners, including members of the local police force, tested negative of the coronavirus disease 2019 (Covid-19) in the rapid anti-body test conducted in Datu Odin Sinsuat, Maguindanao on Wednesday.
Dr. Elizabeth Samama, provincial health chief, said in a radio interview on Thursday that those …Read More
Top officials of Negros Occidental and Bacolod City have welcomed the “Balik Probinsya, Bagong Pag-asa” (BP2) program that seeks to decongest Metro Manila or the National Capital Region.
Governor Eugenio Jose Lacson said on Thursday that such initiative has long been proposed and he hopes …Read More
Acting on a tip, joint police and military forces arrested early Wednesday two suspected members of the Daesh-inspired Bangsamoro Islamic Freedom Fighters (BIFF) tagged in a recent grenade attack near a police station in Datu Piang, Maguindanao.
Colonel Arnold Santiago, Maguindanao provincial police, identified the …Read More
The national government has given the local government units (LGUs) in Region 9 a two-day extension to finish the distribution of the cash benefit given to qualified families through the Social Amelioration Program (SAP).
Ivan Eric Salvador, Department of Social Welfare and Development-9 (DSWD-9) information …Read More
The local government began on Thursday the second wave of distribution of food packs and utilities subsidy to residents here amid the coronavirus disease 2019 (Covid-19) crisis.
Ma. Socorro Rojas, City Social Welfare and Development Office (CSWDO) chief, said the distribution started in Barangay Zone …Read More
Some 37 members of the “Nagkahiusang Mag-Uuma sa Pindasan og Pangibiran” (NAGMAPPA) from the Davao de Oro town of Mabini withdrew their support from the leftist “Kilusan ng Mambubukid sa Pilipinas” (KMP), the Army’s 71st Infantry Battalion (71IB) said Thursday.
In a statement on the …Read More
Police arrested five people and seized close to PHP80,000 worth of illegal drugs and a firearm during separate anti-drug operations across the region, an official said Thursday.
Maj. Helen Galvez, Police Regional Office-9 (PRO-9) information officer, identified the arrested suspects as follows: Al-Basher Antonio Camlian, …Read More
Following President Rodrigo Duterte’s signing of Executive Order No. 114 institutionalizing the “Balik Probinsya, Bagong Pag-asa” program, Senator Christopher Lawrence “Bong” Go on Thursday urged all concerned government agencies to act immediately to meet the objectives and timeline of the program.
“Now that the Balik …Read More
Express lanes in borders between local government units are no longer available for front-liners as the province is placed under interim general community quarantine (GCQ).
Col. Christopher Abrahano, acting director of the Ilocos Norte Police Provincial Office, on Thursday said they have to enforce strict …Read More
Malacañang on Thursday said it respects the broadcast firm ABS-CBN Corporation’s appeal to the Supreme Court (SC) to stop the implementation of National Telecommunications Commission’s (NTC) cease and desist order that prompted the media network to stop its television and radio broadcasts.
In a text …Read More
Malacañang is asking Cabinet members to each assign at least 100 personnel to assist in the four mega swabbing centers in the Philippines.
A May 5 memorandum issued by Executive Secretary Salvador Medialdea sought for additional personnel following the request of Presidential Peace Adviser and …Read More
At least 88 former rebels in Surigao del Sur who recently abandoned the communist New People’s Army (NPA) to start a new life with their families received financial assistance from the government’s relief program for displaced workers.
Capt. Jonald D. Romorosa, civil-military operations officer of …Read More
The Philippine National Police (PNP) on Thursday cited public cooperation and support as key factors behind the significant decline in traditional crime trend under the enhanced community quarantine (ECQ).
PNP chief, Gen. Archie Gamboa noted that crime data from the Directorate for Investigation and Detective …Read More
Eight patients admitted at the state-run Northern Mindanao Medical Center (NMMC) here tested negative for coronavirus disease 2019 (Covid-19), health authorities said Thursday.
Dr. Bernard Julius Rocha, Medical Specialist II of NMMC, said the eight were in close contact with the 21-year-old Covid-19 positive patient …Read More
The city government here will be adopting strategies to fully release the PHP475, 290,000 allocation under the Special Amelioration Program (SAP) to their intended beneficiaries.
In an interview, Teresa Gelogo, in-charge of the field and program operations of the City Social Welfare and Development Office …Read More
Another cut in Bangko Sentral ng Pilipinas’ (BSP) key rates is expected after the contraction in domestic growth in the first quarter of 2020 but timing depends on factors like inflation and impact of coronavirus disease 2019 (Covid-19).
In a reply to e-mailed questions from …Read More
The Public Attorney’s Office (PAO) said Thursday it has rendered thousands of legal services during the ongoing enhanced community quarantine (ECQ) amid the coronavirus disease 2019 (Covid-19) outbreak.
In a summary report submitted to Justice Secretary Menardo Guevarra, Chief Public Attorney Persida V. Rueda-Acosta said …Read More