As US milk sales rise amid pandemic, ‘Got milk?’ ads return
A glass of milk. STOCK IMAGE The dairy industry has a familiar question for you: “Got milk?” Six years after the popular tagline was retired, “Got milk?” ads are back.…
Worse than expected: Pandemic pushed PH GDP into deeper 8 percent dive, says Moodys
The research arm of debt watcher Moody’s Investors Service is projecting an 8-percent dive in the Philippines’ gross domestic product (GDP) during the second quarter of 2020 largely as a…
T-bills demand strong despite MECQ risks to economy
MANILA, Philippines — Investors snapped up P20 billion in treasury bills at rates that fell across-the-board on Monday as oozing domestic liquidity outweighed any sentiment on the return of Metro…
P91.7B: Taxes from marked fuel since September 2019
The government generated P91.7 billion in import duties and excise from oil products since September 2019, thanks to the fuel marking program which ensured collection of correct levies. Finance Secretary…
BSP: Remittance drop accelerates in May, down by almost a fifth
MANILA, Philippines — Dollars sent to the Philippines by the country’s large expatriate workforce declined by nearly a fifth in May as more Filipinos lost their jobs overseas due to…
Microsoft confirms talks seeking to buy US arm of TikTok
A man wearing a shirt promoting TikTok is seen at an Apple store in Beijing on Friday, July 17, 2020. U. S. President Donald Trump says he wants to take…
ADB sees 20.2% drop in PH remittances in 2020
MANILA, Philippines — Remittances from Filipinos abroad are expected to drop by 20..2 percent this year amid a COVID-19 pandemic-induced global recession, putting households dependent on these cash transfers at…
Indonesia reopens migrant worker placement to boost economy amid coronavirus pandemic
Indonesian migrant workers from East Java occupy a rented house in Klang Lama, Kuala Lumpur on March 27. Indonesian workers in Malaysia have faced difficulties providing for themselves after Malaysia…
SM Prime’s H1 profit down 46%
SM Prime prexy Jeffrey Lim and chair Henry Sy Jr. Local property giant SM Prime Holdings Inc. booked a 46 percent year-on-year decline in first semester net profit to P10.4…
South Korean telcos beef up videoconferencing services amid pandemic
SK Telecom-Yonhap via The Korea Herald/Asia News Network SEOUL — South Korean telecom companies are ramping up moves to improve their videoconference services to meet rising demand amid the COVID-19…