Fee collection from local carriers to be deferred – aviation authorities
PHILIPPINE aviation authorities on
Monday said collection of fees from local carriers would be deferred for the
meantime to offset losses incurred due to the coronavirus...
PH stocks set for bear market on virus woes
MANILA -
Philippine shares fell on Monday as the number of confirmed coronavirus
infections increased, with stocks approaching bear market territory.
The Philippine Stock Exchange Index was
down...
Tariffication law drives rice price to P10-fall – DTI
A YEAR after the Rice
Tariffication Law took effect, prices of rice in the Philippines dropped by P10
than average price, Trade secretary Ramon Lopez reported...
Asia-Pacific economies face $211-B hit from virus – S&P
THE coronavirus could wipe more than $200
billion off Asia Pacific economies this year, S&P Global ratings warned
Friday, sending growth to its lowest level in...
DOF tells local suppliers to look outside China for sources
The country’s finance department has
called on domestic producers to search for alternative supply sources outside
China to meet production schedule, and to ensure inflation falls...
Finance exec urges lawmakers to pass law vs POGOs
MANILA – Finance Secretary Carlos Dominguez III called
on legislators Friday to approve a law that will ban Philippine offshore gaming
operators (POGOs) if they want...
P28-B stimulus package eyed to ease virus impact
A RESOLUTION urging the country’s
economic managers to assess the impact the coronavirus disease (COVID-19) had
on the economy and to develop a stimulus package that...
Bill further opening retail trade to foreigners advances in House
THE House of Representatives approved on
second reading a bill seeking to further ease the entry of foreign players in
the country’s retail trade sector.
House Bill...
Agri dep’t urges farmers: Give chance to RTL
ILOILO City – As the implementation of Rice Tariffication Law (RTL) turned a
year on Thursday, the Department of Agriculture in Western Visayas said local...
DOLE eyes work-from-home scheme to ensure virus-free labor force
THE Department of Labor and Employment
(DOLE) is looking into a work-from-home system to ensure that the labor force is
still productive in spite of the...