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MANILA, Philippines – The Department of Budget and Management (DBM) will submit for Congress’ consideration the proposed P4.18-trillion 2021 cash-based national budget on July 20, when President Duterte delivers his…
MANILA, Philippines – The Department of Finance (DOF) has ordered local treasurers to report how the COVID-19 pandemic impacted on local government units’ (LGUs) coffers so far. Through the DOF-attached…
The central bank will provide the local banking system with the support it needs to insulate itself from a buildup of bad loans that may result from the ongoing COVID-19…
Finance Secretary Carlos G. Dominguez III has urged the Senate to pass the improved and more COVID-19-responsive version of the Duterte administration’s corporate income tax reform package as a form…
Faster food price inflation amid the COVID-19 lockdown last April hurt the pockets of poor families as they had to shell out more despite many of them losing jobs and…
As the government eases up community quarantine restrictions, Globe Telecom has started the weekly rapid antibody testing of all its frontliners to ensure that both the workforce and stakeholders are…
Asian stock markets were mixed Thursday after Wall Street rose despite trade tensions between China and Washington and Australia. People wearing face masks walk past a bank’s electronic board showing…
SM’s Mall of Asia The country’s largest conglomerate, SM Investments Corp., reported a 16 percent year-on-year decline in first quarter net profit to P9 billion as the lockdown of Luzon…
Tycoon Lucio Tan poured in at least P15.2 billion into Philippine Airlines, making it safe from immediate bankruptcy, according to PAL president Gilbert Santa Maria. Santa Maria told the ABS-CBN…
Yonhap via The Korea Herald/Asia News Network SEOUL — Air Busan Co., a low-cost affiliate of Asiana Airlines Inc., said Thursday it will resume flights on international routes from July…
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