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Demand for on-the-spot supply of electricity, for augmenting contracted power, is nearing prelockdown levels after dropping by 17 percent, or 1,761 megawatts, during the enhanced community quarantine (ECQ), according to…
The benchmark Philippine Stock Exchange Index (PSEi) rose on Thursday, in step with bourses in the region and a rally in Wall Street overnight. By the closing bell, the PSEi…
The Department of Agriculture (DA) has created an “integrity circle” to keep its management in check as President Duterte called for “transparency and integrity in all government interventions” amid the…
For the first time in 19 years, globalizing fast food chain Jollibee Foods Corp. (JFC) suffered financial hemorrhage in the first quarter as lockdown measures triggered by the coronavirus pandemic…
Conglomerate San Miguel Corp. (SMC) is preparing to raise as much as $1 billion through the issuance of perpetual securities to fund future growth even as the coronavirus pandemic has…
In addition to getting the correct saw, “sharpening the saw” at the Department of Agriculture (DA) must also be immediately done. This is needed for agriculture to progress from its…
TOKYO — Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed…
FILE – In this file photo dated Wednesday, April 23, 2008, an EasyJet jetliner lands at the Milan Linate airport, Italy. European budget airline eastJet said Thursday May 28, 2020,…
The China-led Asian Infrastructure Investment Bank (AIIB) on Thursday (May 28) approved a second loan to the Philippines, worth $750 million, for COVID-19 response. Finance Undersecretary Mark Dennis Y.C. Joven…
The COVID-19 crisis will cost the Philippine economy P2.2 trillion in losses this year as firms shed profits while millions of workers lose their jobs and income. To ease the…
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