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MANILA, Philippines – Manufacturing in the Philippines shrank to its lowest level in April, at the height of the enhanced community quarantine (ECQ) imposed in Luzon and other parts of…
Image: Istock.com/yangwenshuang via AFP With Italy’s restaurants and bars closed for another month and global trade snuffed out by the coronavirus, the world’s top wine producing country is experiencing an…
A CEO from Ohio, United States played the stock market and earned $1.6 million (P80.9 million) in eight days — then split it among his employees. Larry Connor, founder and…
Yonhap via The Korea Herald/Asia News Network SEOUL — Korean Air Lines Co., South Korea’s top flag carrier, will draw up a 1.5 trillion won ($1.23 billion) self-rescue plan, including…
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…
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