Philippines

Philippines probes deaths after dengue vaccine suspended

Philippine officials are investigating whether three deaths were linked to an anti-dengue vaccine that the country's regulators have suspended, health officials said Thursday.More than 830,000 Filipino schoolchildren were injected with Sanofi's Dengvaxia vaccine last year in the world's first public dengue immunisation programme.The Philippine government suspended its sale and distribution this month after the French company warned it could worsen symptoms for people who had no

21 December 2017
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Landslide kills 26 after major storm in the Philippines

At least 26 people were killed while 23 remain missing in an island province in central Philippines after tropical storm Kai-Tak brought heavy rains that triggered landslides on Sunday.The deaths were reported in the small island province of Biliran, a day after the storm pulverised the east of the archipelago nation.Kai-Tak split across the major islands of Samar and Leyte on Saturday, toppling power lines in 39 towns or cities and damaging roads and bridges, the national disaster agency sai

18 December 2017
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Philippines' Duterte wins extra year of martial law powers

Philippine President Rodrigo Duterte won martial law powers across the southern third of the country for one more year on Wednesday to combat Islamic militants and leftist rebels, as Congress brushed aside fears of a looming dictatorship.Duterte's request to extend martial law in the Mindanao region until December 31 next year and detain rebellion suspects there without charge was approved by 240 votes to 27 at a joint session of the Senate and House of Representatives.Asked by reporters

14 December 2017
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Asia's top inflation-targeting bank may be preparing to hike

A small economy that’s constantly battling risks beyond its control like typhoons and oil prices has been one of the most successful in managing inflation in Asia.The Philippine central bank, which has an annual inflation target that’s currently set at two percent to four percent, met its goal six times in the past eight years and the two times it failed were because prices were too low.

13 December 2017
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Sanofi Urges Philippines To Lift Dengue Vaccine Suspension

French pharmaceutical giant Sanofi on Monday urged the Philippines to lift the suspension of its anti-dengue vaccine, insisting it was safe, but the government accused the firm of "dishonesty".Sales of Dengvaxia and a landmark public immunisation programme using the vaccine were suspended by the Philippines this month after Sanofi warned it could lead to "severe" symptoms for people who had not previously been infected with dengue.But the company's regional head said

12 December 2017
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Fitch upgrades Philippines in win for Duterte's economic plans

Fitch Ratings raised the Philippines sovereign rating in a boost for President Rodrigo Duterte’s economic plans, which include a tax reform that’s set to strengthen the fiscal outlook.The rating on the nation’s long-term foreign currency-denominated debt was raised one level to BBB with a stable outlook, Fitch said in a statement on Monday.

11 December 2017
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Philippines plans to sue Sanofi over dengue vaccine: minister

The Philippines intends to sue Sanofi after authorities suspended the pharmaceutical giant's anti-dengue vaccine in response to the company warning the drug could lead to severe infections in some cases, the health secretary said Thursday.Regulators froze the Philippines' world-first public dengue immunisation programme last week and suspended all sales of the vaccine on Monday after Sanofi said Dengvaxia could worsen symptoms for vaccinated people who contracted the disease for the

7 December 2017
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Move over tech. Southeast Asian builders come in focus in 2018

With at least $323 billion in infrastructure spending in the pipeline in Southeast Asia and potentially more expected over the next few years, 2018 could well shape up as the year of builders’ stocks from Indonesia to the Philippines that have been the laggards in a broader market rally this year.Governments are boosting spending on everything from airports to high-speed rails and ports to increase connectivity and boost economic growth in what promises to be a boon for the region’s construct

7 December 2017
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Philippines a global hotspot for environmental murders

Environmental activists are being killed in record numbers around the world, with the corruption-plagued Philippines one of the most dangerous countries, according to watchdog Global Witness.At least 200 community activists, NGO workers and other civilians on the frontlines of protecting the environment were reported murdered worldwide last year, the highest on record, the group said.In the Philippines, an environmental activist was recorded to have been killed at a rate of every 12 days in 2

6 December 2017
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A review of Southeast Asia's drug policies

Southeast Asia has its problems with drug-related crime mostly with trafficking and substance abuse, and each country in the region has been tackling this issue differently. There was a visualisation of a Drug-Free ASEAN in 2015.

5 December 2017
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Philippines halts sale of Sanofi's dengue vaccine

The Philippines has suspended the sale and distribution of Sanofi's dengue vaccine, authorities said Tuesday, after the French pharmaceutical giant last week warned it could worsen symptoms for people who had not previously been infected.Regulators on Friday froze the country's world first public immunisation programme that has seen more than 733,000 schoolchildren receive the Dengvaxia vaccine.Authorities have now ordered a blanket suspension for private use as well."Whether (

5 December 2017
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