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…
Bukidnon urged: Let sugar firms operate
Despite national directives allowing agricultural-related operations to continue during the quarantine, two major mills in Bukidnon province that produce 82 percent of Mindanao’s total sugar output were forced to shut…
Cebu Landmasters nets P2.01B | Inquirer Business
Property developer Cebu Landmasters Inc. (CLI) grew its attributable net profit by 21 percent to P2.01 billion last year as all businesses contributed to a double-digit expansion in revenues. CLI,…
SSS to launch COVID-19 calamity loan program on April 24
By next week, the Social Security System (SSS) will offer calamity loan to members grappling with the lockdown imposed due to the COVID-19 pandemic. Fernando F. Nicolas, SSS vice president…
Tourism chief outlines aid package for pandemic-battered PH travel industry
The Department of Tourism is doing everything within its mandate to aid stakeholders in the country’s travel and leisure industry in light of the coronavirus pandemic, Tourism Secretary Bernadette Romulo-Puyat…
UK think tank: Asia-Pacific interest rates to fall as COVID-19 sickens economies
Interest rates across the Asia-Pacific region, including in the Philippines, are expected to fall as central banks fight the economic fallout caused by the COVID-19 pandemic, UK-based Oxford Economics said.…