Virus and grounded plane send Boeing to $2.4 billion 2Q loss
FILE – In this Jan. 25, 2011, file photo, is the Boeing Company logo on the property in El Segundo, Calif. (AP Photo/Reed Saxon, File) Boeing is reporting a $2.4…
Chinese airlines offer unlimited flights to revive industry
At least eight Chinese carriers have so far launched deals. Image: AFP/Greg Baker China Southern on Tuesday became the latest Chinese airline to offer ultra-cheap, all-you-can-fly deals aimed at reigniting…
P83,329: Each Filipino’s share of P9.05T debt as of end-June
Each of the estimated 108.7 million Filipinos carries the burden of paying the national government’s growing debt, which amounted to a new record-high of P9.05 trillion as of June which…
Globe myBusiness supports local MSMEs through online business matching event
Amid this global health crisis, one of the most hard-hit are small businesses struggling to stay afloat. So how can business owners bounce back and future-proof their enterprise? To help…
UK think tank sees more interest rate cuts filling gap in PH’s fiscal response to COVID-19
A London-based think tank sees an interest rate cut of up to 50 basis points (bps) by Philippine monetary authorities to fill the gap in fiscal response to the COVID-19…
BSP upgrades decade-old banknotes with easier to identify, harder to counterfeit designs
MANILA, Philippines — The central bank on Wednesday launched “enhanced” Philippine banknotes that it said we’re “more responsive to the needs of the elderly and the visually impaired”, and feature…
Business owners received advice, insight from Globe President and CEO
Business owners and aspiring entrepreneurs got valuable insight and business advice from the head of the country’s leading telecommunications company. Globe President and CEO Ernest Cu shared his insights and…
Landbank offers P10-B loan program for LGUs’ COVID-19 recovery
MANILA, Philippines — Local government units (LGUs) struggling to finance programs and projects aimed at recovery post-COVID-19 pandemic may tap the Land Bank of the Philippines’ (Landbank) new P10-billion lending…
Dominguez: Aid for struggling airlines under study
MANILA, Philippines — President Rodrigo Duterte’s chief economic manager on Wednesday assured assistance to struggling airlines amid the COVID-19 crisis even as the government had yet to firm up how.…
RFM’s Q2 profit up 11%
Concepcion group-led RFM Corp. grew its second quarter net profit by 11.1 percent year-on-year to P399 million as the lockdown of key regions across the country boosted sales of milk,…