Phinma sets P25M COVID-19 relief program
Phinma CEO Ramon V. Del Rosario Jr. poses beside a portrait of his father, Ramon Sr., considered one of the fathers of Philippine industry. Business house Phinma has mobilized at…
SEC to empower minority shareholders to call for meetings, set agenda
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) is drafting new rules that seek to empower minority shareholders of publicly-listed companies to call for special meetings…
Jollibee launches US, Canada delivery business
Jollibee’s debut in Manhattan back in 2018 —Contributed photo Fast-food giant Jollibee has launched its food delivery business in the US and Canada via tech platform DoorDash, timely catering to…
Private sector’s support ‘not sustainable’
While the private sector wants to help government survive the health crisis brought about by the COVID-19 pandemic, overdependence on it could only result in “false hopes,” especially since many…
Wave of loan restructurings seen
Philippine banks are seen mostly willing to restructure, but not condone, debt incurred by businesses that are now under distress due to the COVID-19 pandemic. During a recent Management Association…
PSEi nears 6,000, but fresh virus attack may cause retreat
The local stock barometer extended its gains for the third session on Wednesday, moving closer to the 6,000 barrier in line with the overnight equities rally in the United States.…
BOP swings to $839-M surplus in February
The Philippine balance of payments (BOP) was back in the black in February as the amount it earned from its transactions with the rest of the world outpaced the amount…
Landbank offers loan package to help small firms recover
Small and medium-sized enterprises (SMEs), cooperatives and microfinance institutions may avail themselves of loans being offered by the state-owned Land Bank of the Philippines to finance their recovery initiatives following…
Free Wi-Fi in quarantine centers
Newly renovated coronavirus quarantine centers will get free Wi-Fi, the Department of Information and Communications Technology (DICT) said. The DICT said it had rolled out Wi-Fi in Rizal Memorial Coliseum…
Postquarantine relief for electricity consumers pushed
The Energy Regulatory Commission (ERC) needs to come up with a “staggered payment” scheme for electricity bills as consumers’ payables pile up with the extension of due dates because of…