METRO MANILA – The Philippine Health Insurance Corp. (PhilHealth) assured today that they will be settling the debt to the Philippine Red Cross (PRC) on Monday after receiving a legal opinion from the Department of Justice (DOJ) regarding the testing agreement between the agency and the humanitarian organization. According to statement released by Philhealth, they will release the payment on …

PETALING JAYA – AirAsia Group Bhd has confirmed that is has secured a a loan as part of its ongoing capital-raising plans. The RM300 million loan came from the Sabah Development Bank Bhd (SDB) to its units as part of the group’s fundraising efforts. AirAsia Bhd Riad Asmat confirmed that the loan has been approved and disbursed. He added that …

Chiang Mai University rejected a bid to remove the Sculpture of Light, an art show that bears the portrait of King His Majesty Bhumibol Adulyadej The Great. The Uni shared that it respected the constitutional monarchy and that students and staff highly esteemed His Majesty King Bhumibol Adulyadej The Great. In addition, it was indescribably grateful for the contributions of …

Indonesia is poised to become a Battleground for the manufacture of electric vehicle batteries as two global giants, China’s CATL and South Korea ‘s LG Chem, are investing billions of dollars in supply chains, tapping into the resource-rich Southeast Asian nation’s abundant reserves of nickel, a crucial raw material. Indonesia owns about one-quarter of the world’s nickel reserves, with the …

HANOI – Vietnam and Japan have formally agreed to implement a new policy that will allow certain groups from one country to enter another without undergoing the usual mandatory 14-day quarantine. According to the Vietnamese Ministry of Foreign Affairs, the new policy will be taking effect starting November 1. after an agreement was reached during the Japanese Prime Minister Yoshihide …

MANILA – The Nation’s Capital Manila on Friday announced that it will be cancelling the annual procession or the Traslacion in January 2021 due to the coronavirus disease 2019 (Covid-19) pandemic. According to Manila Mayor Francisco “Isko Moreno” Domagoso, the agreement was reached by the local government and the Minor Basilica of the Black Nazarene, known as Quiapo Church. Mahalagang …

METRO MANILA – Despite the closure of ABS-CBN Corp, the problem may soon be far from over as lawmakers are calling for an investigation into the resumption of operations to air some of its program through a deal with the licensed television station, ZOE Broadcasting Network. New House Minority Leader Joseph Stephen Paduano has called the National Telecommunications Commission (NTC) …

KUALA LUMPUR – Senior Minister Datuk Seri Ismail Sabri Yaakob defended his daily press briefing by saying that it is crucial to let the public know about the government’s effort to curb the Covid-19 pandemic. Sabri is responding to Segambut MP Hannah Yeoh comments on the recent National Security Council’s recent communication blunders on it Work from home (WFH) policy. …

KUALA LUMPUR – Barisan Nasional (BN) chairman Datuk Seri Ahmad Zahid Hamidi announced today that Datuk Seri Hishammuddin Hussein has been appointed as the new Barisan Nasional (BN) treasurer general. Hishammuddin will be replacing Datuk Seri Tengku Adnan Tengku Mansor. Ahmad Zahid said in a statement the minor reshuffle was made after discussing with other BN party component leaders on …

The Bank of Thailand leader, a growing under-employment rate led by the Covid-19 crisis would further aggravate the country’s swelling household debt and the debt-servicing woes of borrowers. Although the coronavirus outbreak has not significantly impacted the unemployment rate, the pandemic has caused an increase in underemployment due to a decrease in working hours, said Governor Sethaput Suthiwartnarueput, due to …