BSP to purchase P300-B in gov’t securities to back COVID-19 effort
THE Philippine central bank is set to
purchase some P300-billion worth of securities from the Bureau of Treasury
(BTr) to support government programs against the spread...
Economists propose social protection, ‘liquidity bazooka’ to save biz, jobs
THE Philippines must deploy a “social
insurance package,” including a “liquidity bazooka” from the central bank, to
help mitigate the impact of a sharp but sudden...
Gov’t: Shoppers OK to enter supermarkets even without face masks
SHOPPERS are free to enter supermarkets
even if they are not wearing face masks, the government said Monday as it
clarified that there was no order...
P1-B supplemental budget to ensure food security sought
THE Department of Agriculture (DA) is
now seeking a supplemental budget of at least P1 billion, to finance programs
connected to ensuring food security and stable...
Ex-power boss Alan Ortiz dies due to COVID-19 complications
FORMER power executive Alan Ortiz died
Monday in Paris due to complications from COVID-19, his daughter said. He was
66.
At the time of his death, the...
PSE tightens trading band
THE Philippine Stock Exchange (PSE) has
lowered the static threshold of individual stock prices, in efforts to address
volatility in the local equities market given uncertainties...
Asian markets on ropes as S&P500 plummets, dollar in demand
ASIAN markets were set for another
turbulent week on Monday as more countries all but shut down in the fight
against the coronavirus, threatening to overwhelm...
Wilcon Depot allocates P100-M aid to employees, community partners amid quarantine
IN the face of the coronavirus disease-2019
(COVID-19) pandemic, Wilcon Depot, the Philippines’ leading home improvement
and construction supply retailer, releases a total of P100-million financial
assistance...
Facebook warns netizens vs fake news on coronavirus
MANILA – Facebook on Monday urged
Filipinos to share only verified information on COVID-19, as it warned against
fake news on the platform.
The Philippines is under...
Selling passes, food stub amid quarantine? DILG warns local execs
ENRAGED by reports that some barangay officials are
collecting fees for quarantine passes, food stubs, and community IDs, an
official of the Department of the Interior...