2020 corporate earnings seen falling by 17%
As the Philippine economy reels from one of the harshest lockdown protocols in the region, stock brokerage house Maybank ATR Kim Eng Philippines sees selective picking among consumer staple stocks…
Ex-DICT usec Rio says he was eased out of govt after pointing out StaySafe.ph app limitations
MANILA, Philippines — Eliseo Rio Jr. said he was “eased out” as undersecretary of the Department of Information and Communications Technology (DICT) last month after questioning the selection of StaySafe.ph…
DBM releases funds to build new Marawi City port
MANILA, Philippines — A new port will rise in Marawi City, with P2.9 million released by the Department of Budget and Management (DBM) in May to jumpstart construction. DBM documents…
Mixed fortunes for London shops hit by pandemic
People walk past The Washington pub on England’s Lane in north London. Image: AFP/Isabel Infantes Behind the colorful shopfronts in England’s Lane, a picture-postcard street near north London’s Primrose Hill,…
S. Korea’s virtual banks come of age in COVID-19 era
(Clockwise) Fintech startup Viva Republica CEO Lee Seung-gun, Naver Financial Group CEO Choi In-hyuk, K bank CEO Lee Moon-hwan and Kakao Bank CEO Yoon Ho-young (Yonhap and respective companies via…
Sri Lanka to reopen for tourism in August, with multiple coronavirus tests
Tsunami Statue at sunrise, Sri Lanka. Image: ffilipovich/IStock.com via AFP Sri Lanka’s virus-battered tourism industry can reopen for foreign guests from August but under strict guidelines, including multiple coronavirus tests…
AirAsia Philippines to lay off 260 workers
Budget carrier AirAsia Philippines will lay off hundreds of workers by the end of the month amid the new coronavirus disease (COVID-19) pandemic. The Inquirer learned that AirAsia Philippines, part…
Eating your way to a long life
Lola Rosita “Rosing” Gamboa, mother-in-law of lawyer Romy Macalintal, has survived two pandemics and is now 102years old. Ever met anyone who literally lived to a hundred? Election lawyer Romulo…
More cuts in infra, defense budgets go to COVID-19 response
MANILA, Philippines — The Department of Budget and Management (DBM) last month inflicted additional cuts in this year’s budgets for infrastructure and national defense as it reallocated more funds into…
AER: Economy can’t be reopened without reopening public transpo
Commuters wait for a ride at a bus stop along Commonwealth Avenue in Tandang Sora, Quezon City on Monday, June 1, 2020, as the metropolis eases to General Community Quarantine…