National ID target: 5M heads of poor families by fourth quarter
The Philippine Statistics Authority (PSA) will register at least five million heads of poor families in the fourth quarter of this year in its bid to fast-track implementation of the…
D&L sees “reasonable” recovery by Q4
D&L president Alvin Lao Plastic and food input producer D&L Industries sees “reasonable” business recovery coming by the fourth quarter of this year amid challenges arising from the coronavirus pandemic…
ADB revises forecast for PH economy: 3.8 percent drop in GDP
The Asian Development Bank (ADB) sees growth across developing Asia-Pacific falling to a 59-year low largely because of the COVID-19 pandemic, with the Philippines suffering a 3.8 percent drop in…
Gross revenues of major industries down 4.9% in Q1
MANILA, Philippines – Alongside the economic contraction during the first quarter, gross revenues of major industries dropped by 4.9 percent, the government reported on Thursday. The Philippine Statistics Authority’s (PSA)…
Bloomberry’s QC hub ready by end-2022 or early 2023
Enrique Razon Jr. Integrated gaming resort developer and operator Bloomberry Resorts Corp. expects to complete its new gaming hub in Quezon City by end-2022 or early 2023, considering the delays…
BPI to issue PH’s first COVID response bond
BPI logo Ayala-led Bank of the Philippine Islands is set to issue the first Philippine bonds that will raise fresh funds in response to the coronavirus (COVID-19) pandemic, specifically targeting…
Asian shares slip as global rally eases off the accelerator
BANGKOK — Shares fell Thursday in Asia after another day of wobbly trading on Wall Street as markets eased off the accelerator following their big rally. An electronic stock board…
Business travelers from HK, Thailand, Vietnam eligible for short quarantine in Taiwan
Health Minister Chen Shih-chung speaks at a press conference on June 17, 2020. Photo courtesy of the CECC via The China Post/Asia News Network TAIPEI — Business travelers can apply…
Wall Street dips as global rally eases off the accelerator
NEW YORK — Stocks mostly fell in another day of wobbly trading on Wall Street Wednesday, as markets eased off the accelerator following their big rally. File photo shows a…
BIR targeting Netflix, Lazada, not small-time online sellers
Netflix, Lazada and other big online merchants are the target of tax collectors, Bureau of Internal Revenue (BIR) Deputy Commissioner Arnel Guballa said, allaying fears that the agency was running…