15 PH tycoons among the world’s richest
Manuel Villar Jr.: Self-made billionaire Fifteen business tycoons from the Philippines – led by the “brown taipan” Manuel Villar for the second straight year – are among the wealthiest people…
GSIS, SSS move members’ payment deadlines to June 1 as COVID-19 relief
The country’s two state-run pension funds on Tuesday (April 7) announced relief for members with loans and those in the private sector worrying about meeting the deadline of their regular…
P30B in COVID-19 grant to reach cities, towns on April 8, says budget chief
Cities and municipalities will get their share of the P30.824-billion grant from the national government for COVID-19 response on Wednesday (April 8), Budget Secretary Wendel E. Avisado said. The guidelines…
Independent petroleum firm provides free fuel for hospitals to help fight COVID-19
Independent petroleum distributor SEAOIL said on Tuesday (April 7) that it will provide free fuel vouchers to hospitals for the use of their ambulances and frontliners who are involved in…
MORE Power sees improved Iloilo power situation with P1.9-B upgrade
The availability of electricity in Iloilo City is expected to improve substantially once new utility firm More Electric and Power Corp. begins the rollout of its P1.8-billion modernization program for…
BIR readies new tax deadlines as Luzon COVID-19 lockdown prolonged
The Bureau of Internal Revenue (BIR) is moving forward tax deadlines that it had already extended to match the extension of the Luzon-wide lockdown against the COVID-19 pandemic to April…
Asean think tank sees COVID-19 pushing 2020 PH GDP growth down to 4.5 percent
The regional economic think tank Asean+3 Macroeconomic and Research Office (Amro) has cut its 2020 growth forecast for the Philippines to 4.5 percent as the entire region reels from the…
April inflation seen lower than previous months’ as COVID-19 crimps demand
The central bank on Tuesday (April 7) cheered the lower inflation rate in March, which was below February’s level, but said the pace of price increases for basic goods and…
Delay in 2019 budget blessing in disguise as more funds seen for COVID-19 fight
Who would have thought that the delayed approval of the P3.7-trillion 2019 national budget—which economic managers had blamed for last year’s eight-year low economic growth—will become another financial lifeline during…
Globe turns over 1,000 preloaded mobile phones to the country’s frontliners
Globe continues to support the connectivity needs of those at the forefront of the country’s COVID-19 response efforts by turning over 1,000 mobile phones to police, military, and naval forces…