THE US central bank and Congress have responded more to the COVID-19 crisis than they did in the last crisis, Minneapolis Federal Reserve Bank President Neel Kashkari said, and they need to do still more to return the economy faster to its pre-crisis footing.

GAPS IN MONITORING suspicious transactions performed and channeled through  informal businesses and legal persons still need to be addressed, the Anti-Money Laundering Council (AMLC) said in a report.

AS A SOCIETY, we witnessed workers grapple with the strains of the coronavirus disease 2019 (COVID-19) pandemic, experienced the mental stresses of social isolation, and struggled to achieve work-life balance while working remotely — all of which has taken an enormous toll on our “mental health.” But do we know what this elusive buzzword means?

CHILDREN who have been confined at home over the pandemic are at risk of depression, warned experts.

The government aims to roll out the distribution of coronavirus disease 2019 (COVID-19) vaccines to the public by the end of February. Priority populations for COVID-19 vaccination are healthcare workers, the elderly, indigents, and uniformed personnel, among others.

PHILIPPINE STOCKS closed higher on Tuesday as investor sentiment got a lift from the Bicameral Conference Committee’s approval of the proposed Corporate Recovery and Tax Incentives for Enterprises Act (CREATE).

A HOUSE of Representatives committee on Tuesday adopted a resolution allowing Congress to lift restrictive economic provisions of the 1987 Constitution, supposedly to help the Philippine economy recover amid a coronavirus pandemic.

THE PHILIPPINES will try to order 178 million doses of coronavirus vaccines so it can inoculate more than 90 million Filipinos this year, according to the presidential palace.

PLAINTIFFS who questioned the validity of the country’s anti-terror law must prove actual violations of the Bill of Rights to boost their lawsuit, according to a Supreme Court magistrate.

THE GOVERNMENT will need to set aside about P9.6 trillion to meet its obligations to retired military and uniformed personnel (MUP) if it does not reform their pension arrangements, a key senator said.

THE Department of Environment and Natural Resources (DENR) said Tuesday that it hopes to reduce flooding during the next rainy season via the dredging of the Cagayan River, with operations to initially focus on three sandbars in the north of Cagayan province.

THE balance of payments (BoP) surplus in 2020 was at a record $16.022 billion, swelled by proceeds from overseas debt which the government took on to help deal with the pandemic, with outflows also limited by the sharp drop in imports.