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Buenos Aires, Argentina — Argentina missed a Friday deadline to reach an agreement with international creditors to restructure its massive debt, but negotiations will continue, its minister for the economy…
MANILA, Philippines — The Department of Budget and Management (DBM) has released to three departments helping in the fight against the COVID-19 pandemic a total of P2.1 billion from funds…
MANILA, Philippines — National Economic Development Authority (NEDA) acting Director-General Karl Kendrick Chua has assured the public that the COVID-19 pandemic is just a “temporary setback” on the economy as…
MANILA, Philippines — While the government has already required Philippine offshore gaming operators (POGOs) to first pay all of their tax dues before resuming operations during quarantine, compliance to the…
MANILA, Philippines — With some areas in the country now covered by a less restrictive general community quarantine (GCQ), insurers and their agents can continue selling products online just like…
Micro, small, and medium-sized enterprises are in need of money to make ends meet during the crisis and many might not survive another extended lockdown without going back to work,…
The Department of Trade and Industry is encouraging exporters to explore the online marketplace after merchandise exports dropped in the first quarter of the year as the rest of the…
Short-term investments in Philippine financial markets fled the country at the end of the first quarter as the coronavirus pandemic dampened sentiment among money managers around the world, the latest…
As economic recession looms in the Philippines for the first time in 22 years, economists called for a more aggressive pump-priming program by the government to mitigate the economic devastation…
The Metrobank group’s thrift bank arm, Philippine Savings Bank (PSBank), saw a 5.1-percent year-on-year drop in first quarter net profit amounting to P646.2 million as it set aside a bigger…
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