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…
PH to buck economic recovery trend in Asia-Pacific as virus cases continue to rise
MANILA, Philippines – The research arm of debt watcher Moody’s on Friday said that while Asia-Pacific as a whole was already leading the global economic recovery, the Philippines’ COVID-19 lockdown—now…
Despite lower imports, rice tariffs up to P10.7B as of mid-July
MANILA, Philippines – 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…
Asia shares slip after worst S&P 500 loss in nearly 4 weeks
MITO, Japan — Worsening China-U.S. friction, worries over aid to Americans and U.S. businesses and a stumble on Wall Street combined to push shares in Asia lower on Friday. A…
Sun Life: Rise together and achieve financial goals
As part of its efforts to promote financial literacy during Financial Independence month, Sun Life Philippines held the Sun Talks Virtual Conference last June 27 with the theme, “Rise Together…
S&P 500 has biggest loss in nearly 4 weeks as tech stumbles
NEW YORK — Slumping stocks across most of Wall Street sent the S&P 500 to its worst loss in nearly four weeks on Thursday, undercut by a report showing layoffs…
Embattled network tells shareholders: We’re down but not out
Media giant ABS-CBN Corp. may be down but not out, and it will continue to grow and evolve. This was the company’s message to reassure its shareholders on Thursday as…
Balance needed between rice and high-value crops
If we are to succeed in agriculture, food security and our farmers’ welfare, we have to correct the imbalance on budget support between rice and high-value crops (HVC). The Department…
Ayala Group inks power plant deal with Marubeni unit
The Ayala group through AC Energy Philippines Inc. (ACEPH) has signed a shareholders’ agreement with a unit of Marubeni Corp. related to a joint venture for a 150-megawatt diesel-fired power…