DOF to finance training of badly needed contact tracers
Department of Finance (DOF) Secretary Carlos G. Dominguez III on Wednesday said the government was planning to fund the training of contact tracers to be hired from among those who…
Lockdown extension to delay recovery
The latest two-week extension until May 31 of the COVID-19 lockdown in the Philippines will hurt the economy some more and risk delaying recovery, London-based Capital Economics said. “The Philippines…
Airlines seek gov’t help in getting bank loans
The country’s biggest airlines are urging lawmakers to include loan guarantees for their industry in a proposed stimulus bill to support sectors devastated by the coronavirus pandemic. Roberto Lim, vice…
PH to remain world’s top rice importer
Despite moves by the Department of Agriculture to increase the country’s local production of palay, global projections showed that the Philippines is still on its way to become the biggest…
World’s biggest shipper expects 25% drop in container demand
A container ship is docked at Maher Terminals in Elizabeth, N.J., Monday, May 11, 2020. (AP Photo/Mark Lennihan) COPENHAGEN, Denmark — The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, said…
Elon Musk ‘restarting’ California Tesla factory, defying authorities
An aerial view of the Tesla Fremont Factory on May 12, 2020 in Fremont, California. Alameda County has ordered Tesla’s CEO Elon Musk to halt production at Tesla Fremont Factory…
RFM’s Q1 profit down 4%
Jose Ma. Concepcion IIIINQUIRER PHOTO / RICHARD A. REYES Concepcion group-led RFM Corp. saw a 4 percent year-on-year decline in net profit amounting to P212 million in the first quarter…
Ayala Corp.’s Q1 profit down 17%
Ayala Corp. chair and CEO Jaime Augusto Zobel de Ayala. INQUIRER file photo Conglomerate Ayala Corp. saw a 17 percent year-on-year drop in first quarter net profit to P6.7 billion…
Globe employees volunteer as customer service reps during crisis
In a pandemic, how can a company continuously serve its millions of customers with the closure of Business Process Outsourcing (BPO) companies and other vendor partners? The answer is malasakit…
Rocky road ahead for ‘sharing economy’ platforms amid pandemic
In this file photo taken on April 15, 2020 a protestor wears a face mask and gloves as Uber and Lyft drivers with Rideshare Drivers United and the Transport Workers…