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...
NegOcc banks slash service hours
BACOLOD CITY – The Bankers’ Club of Negros Occidental has implemented shortened
banking hours starting Monday as a precaution against the coronavirus pandemic.
The adjusted policies...
Cebu Pacific extends travel fund, free rebooking until June 30
LOCAL carrier Cebu Pacific is extending
its free rebooking and travel fund option for passengers until June 30, 2020.
In light of the situation
surrounding the coronavirus disease, the airline...
Farmers barred from farms amid quarantine: ‘They are frontliners, too’
FARMERS, fisherfolk, and raisers should
be considered as frontliners and be allowed to work in their farms even with
the enhanced community quarantine (ECQ), the Samahang...
‘Report price freeze violators,’ group urged consumers
LABAN Konsyumer Inc. is calling on the
public to report retailers who violate the price freeze for basic commodities
amid the state of public health emergency...
Farmers dispose of unsold carrots in Cordillera amid quarantine
SOME Cordillera farmers went home with
empty pockets after failing to sell their harvest at the La Trinidad Trading
Post in Benguet due to low demand...
Cash aid, repatriation offered to OFWs displaced by virus threat -labor chief
MANILA - Overseas
Filipino workers who lost their jobs due to COVID-19 and are still abroad are
entitled to cash aid and can request for repatriation,...
Labor dep’t, employers to tackle hazard pay for workers
THE Department of Labor and Employment
(DOLE) will discuss with employers and other concerned sectors the possibility
of hazard pay for workers in the private sector...