Trade groups prod gov’t on stimulus bills
Large local business groups want to know how President Duterte will help micro, small and medium-sized enterprises (MSMEs) as they still await a clear action plan several months deep into…
$1B in new World Bank loans to PH up for OK in Sept
The World Bank will extend three more loans worth about $1 billion to the Philippines by September to help in COVID-19 response and recovery efforts, the Department of Finance (DOF)…
SMIC backs massive testing drive, starts with employees
SM Investments Corp. (SMIC), the country’s largest conglomerate, has conducted multiple testing for the new coronavirus disease (COVID-19) covering 140,000 employees and agency workers across its supermarkets, retail stores, malls,…
Rice tariffs hit P10.7B despite lower imports
The year-to-date tariffs collected from imported rice already breached P10 billion as of mid-July, ensuring next year’s fund for farm modernization being set aside under the Rice Tariffication Law. In…
Recovery starting in Asia-Pacific but PH lagging behind peers
The research arm of debt watcher Moody’s on Friday said that while Asia-Pacific as a whole was already leading global economic recovery, the Philippines’ COVID-19 lockdown—now the longest and most…
Security Bank raises P13.5B from red hot 2-year bonds
Lender Security Bank has raised P13.5 billion from an issuance of two-year bonds, which were warmly received by the cash-awash local financial market. The offering was upsized from the base…
EU calls on US to lift tariffs in plane dispute
PARIS — The EU called Friday on the United States to lift tariffs imposed in a long-running dispute over aircraft subsidies after Airbus said it had brought itself into compliance…
Jollibee Group designates hygiene ambassadors in stores to implement stricter safety protocols
To help protect the health of its customers and store teams whose safety is a top priority, the Jollibee Group has designated Hygiene Ambassadors in the stores nationwide of Jollibee,…
Your lifeline in uncertain times
2020 has not been an easy year for everyone. With the different tragedies that have been happening such as natural calamities, sudden deaths, and now this pandemic, one would think…
DOF: $1B in WB loans for PH’s pandemic response up for OK in September
The World Bank will extend three more loans worth nearly $1 billion to the Philippines by September to help in COVID-19 response and recovery, the Department of Finance (DOF) said…