Workers of a local factory begin the production of personal protective gear for local frontline health workers as commissioned by the government, during the partial lockdown in Accra, Ghana April 10, 2020. REUTERS

Global economy to contract 3% in 2020, says IMF

THE global economy is projected to contract by three percent in 2020 from a year before due to the coronavirus pandemic, a far more severe setback...

2GO all set to welcome repatriated seafarers for mandatory quarantine

2GO Group Inc. is ready to welcome aboard returning Filipino seafarers and workers to carry out their mandatory 14-day quarantine on two of its passenger vessels, the...

LANDBANK tightens social distancing measures

THE Land Bank of the Philippines on Tuesday said it will implement additional measures to strictly enforce social distancing in its branches, following reports that cash...
The Philippine Stock Exchange Index (PSEi) closed 2019 at 7,815.26 points, a rather decent but disappointing end to the year for investors. Going forward, the PSEi’s performance in the first quarter of 2020 will determine the market’s performance for the rest of the year. DEALSTREETASIA.COM

Optimism on COVID-19 economic stimulus boosts PSEi

PHILIPPINE share prices continued its rally on Wednesday amid high hopes over the government’s stimulus programs to keep the economy afloat despite the COVID-19 crisis. The benchmark...

Gov’t ready for fast economic ‘bounce back’ after COVID-19 crisis — NEDA exec

THE Philippine government has prepared a plan to ensure that the economy will recover immediately after the coronavirus disease 2019 (COVID-19) crisis, state planning agency National Economic...

BayaniJUAN: Cebu Pacific provides airlift support for COVID-19 response efforts

OVER the past several years, the need for humanitarian aid has dramatically increased on the back of major natural disasters, conflict or biohazards such as the spread...
The first week of October’s uncertainty was driven by the poor performance of the latest Initial Public Offerings to enter the Philippine stock market, says local stockbroker Hernan Segovia of Summit Securities. ASIA SENTINEL

Philippine shares rally on optimism over fiscal, monetary stimulus amid pandemic

SHARE prices on the Philippine Stock Exchange rallied more than three percent on Tuesday as investors cheered the government’s fiscal and monetary stimulus packages to mitigate...

DENR 6 encourages enhanced family gardening

SINCE the last week of December 2019 until now, the world was shocked in dealing with this pandemic known as the coronavirus disease (COVID-19) which has...

Fresh borrowings seen to augment COVID-19 war chest — finance dep’t

MANILA – The Philippines is considering additional borrowings of up to $5.7 billion (P288 billion) to augment its “sizeable but not inexhaustible” resources to fight the...
Department of Labor and Employment (DOLE) Secretary Silvestre Bello III’s remarks came after labor groups accused DOLE of “underreporting” the number of workers affected by the public health emergency. He added that the figures are from the records of establishments that have been submitted to their local offices in the country. ABS-CBN

DOLE: No ‘under-reporting’ of workers displaced by COVID-19

DEPARTMENT of Labor and Employment (DOLE) Secretary Silvestre Bello III on Tuesday dismissed reports that they are not transparent in reporting the real numbers of workers...