Hotel Sogo shelters medical workers amid COVID-19
HOTEL Sogo has offered free room
accommodations to frontline health workers fighting the spread of the
coronavirus disease (COVID-19). In close coordination with different local
mayors and...
Oil storage buckles as virus saps demand
GLOBAL oil storage capacity is under
intense pressure because of booming output from Saudi Arabia and the United
States while the coronavirus outbreak hits the world...
PSEi jumps 7.44%, its best in 13 years
THE Philippine Stock Exchange Index
(PSEi) rallied to its best single-day performance in almost 13 years as
investors’ hunt for cheaper stocks fueled buying activities.
The benchmark...
ARTA pushes for validity of permits, licenses extension
MANILA - The
Anti-Red Tape Authority (ARTA) has encouraged government agencies to extend the
validity of permits, licenses, certifications, and other similar authorizations
that are expiring during...
BSP to remit P20-B dividends to combat pandemic
THE Bangko Sentral ng Pilipinas (BSP)
will provide another P20 billion to the national government to support efforts
to contain the spread of the coronavirus disease...
Gov’t prioritizes aid for COVID19-affected workers, frontliners
MANILA - The
government’s current priority is supporting displaced workers and frontliners,
and not extending any immediate stimulus package for businesses.
This was stressed by Finance Secretary
Carlos...
Negrense biz counselors help monitor prices of goods, supplies
BACOLOD City – Business counselors from the Department of Trade and Industry
(DTI) Negosyo Centers are joining forces with the government in monitoring the
prices and...
Strong economic fundamentals can address COVID-19 challenge – finance chief
MANILA – The government’s budget deficit
and spending will exceed the program this year because of the need to address
the impact of the coronavirus disease...
SEC urges lending, financing companies to extend debt relief to borrowers
THE Securities and Exchange Commission
(SEC) is encouraging all lending and financing companies to adopt measures that
will help borrowers cope with the impact and challenges...
Philippines has economic ‘firepower’ to fight virus, says IMF
THE Philippines has the economic “firepower”
to fight the coronavirus pandemic and can draw from the International Monetary
Fund’s emergency financing, the Washington-based lender said Thursday.
Manila...