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MANILA, Philippines — The government has released ahead of schedule the wage subsidies of over 115,000 workers employed by micro, small and medium enterprises (MSMEs) that temporarily closed during the…
The Bureau of Internal Revenue main office in Quezon City. (Philippine Daily Inquirer) MANILA, Philippines–With the community quarantine again extended in some areas until May 15, the Bureau of Internal…
AP NEW YORK — Profits fell at Exxon Mobil and Chevron warned of tough times ahead as the global pandemic began to erode oil demand. Exxon lost $610 million in…
The country’s leading cement maker Holcim Philippines posted a 28.7-percent year-on-year drop in first quarter net profit to P501.54 million due to softer prices and lower selling volumes, particularly in…
The Securities and Exchange Commission (SEC) has agreed to relax the registration requirements of domestic corporations to help ease doing business in the country. “By easing the requirements for company…
Gokongwei-led property developer Robinsons Land Corp. (RLC) plans to raise as much as P20 billion from a new retail bond offering in order to boost its war chest for expansion…
Ayala-led electronics manufacturing service provider, Integrated Micro-Electronics Inc. (IMI), turned unprofitable in the first quarter of the year as lockdown measures and global supply chain disruptions triggered by the new…
Andrew Tan-led property developer Megaworld Corp. posted P17.9 billion worth of attributable net income in 2019, up by 18 percent from the previous year, driven by higher earnings from its…
The National Telecommunications Commission (NTC) has issued guidelines for the easy movement of telecommunications and internet infrastructure personnel amid the coronavirus pandemic. The movement of front-line personnel in the fight…
All 121 electric cooperatives supervised by the National Electrification Administration will shell out an initial P365 million to cover the electricity bills of three million customers incurred during the enhanced…
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