China Bank ups withdrawal limit to P50K

IN AN effort to give customers easier access to cash in this period of enhanced community quarantine, China Bank increased its daily ATM withdrawal limit to...
Since the start of 2020, the PSEi hovers between 7,600 to 7,800 points. Further, buying volume was relatively light throughout the first two weeks of the year, despite a strong peso and a few positive economic news. ABS-CBN NEWS

PSEi surges by over 4%

SHARE prices on the Philippine Stock Exchange continued to climb on Monday, surging by over 4 percent following positive developments overseas. The local stock barometer gained 223.84 points...
BIR

BIR extends filing, payment of some taxes

ROXAS, Capiz - The Bureau of Internal Revenue (BIR) extends the filing and payment of certain taxes thru the issuance of Revenue Memorandum Circular (RMC) 30-2020...
Medical Frontliners avail free pre-loaded Petron Value Cards

Petron fuels fight against COVID-19

PETRON Corporation through Petron Foundation joins in the country’s collective efforts to help health workers standing at the frontlines of the battle against COVID-19. Petron announced that...
The Court of Tax Appeals has denied Philippine Airlines’ petition for P8.989 million in refunds or tax credit certificates. ABS-CBN NEWS

Airline industry braces for prolonged recovery from health crisis

SYDNEY - A full airline industry recovery from the coronavirus looks prolonged at best, analysts said, as new data showed international seat capacity had fallen to...

DTI on donors of relief goods: Get stock from suppliers

THE Department of Trade and Industry on Saturday said those donating relief goods or participating in relief operations should get their items directly from suppliers.  The advisory...
NEDA says the TWG will propose programs and strategies to promote confidence in the country’s health systems through data analytics, to rebuild consumer and business confidence, as well as policies to adapt to a “new normal” state of economic activities. MSN

Policies being identified to help economy adjust to ‘new normal’ amid pandemic

THE National Economic and Development Authority (NEDA) on Sunday said that policies are already being identified to help the country’s economy adjust to the “new normal” amid...
Mall and supermarket chain SM said it would temporarily close down all its supermarkets for disinfection on Maundy Thursday, SM Hypermarket’s general manager said Saturday. ABS-CBN

SM supermarkets closed on Maundy Thursday

MALL and supermarket chain SM said it would temporarily close down all its supermarkets for disinfection on Maundy Thursday, SM Hypermarket’s general manager said Saturday. In an...
Medical personnel transfer a patient to a TGV high speed train, to continue with the evacuation of people infected with coronavirus disease to western France hospitals, at the Strasbourg railway station, in Strasbourg, France April 3, 2020. REUTERS

ADB warns global cost of virus could top $4 trillion

THE coronavirus pandemic could cost the global economy $4.1 trillion as it ravages United States, Europe and other major economies, the Asian Development Bank warned on...

Recession risk ‘real,’ BSP ready to cut interest rates further

MANILA - The Philippine central bank has space to cut interest rates further faced with a “real risk” of recession due to the coronavirus pandemic, Bangko...