Ecozone firms extend more than P110M to fight COVID-19
Companies registered with the Philippine Economic Zone Authority (Peza) have made more than P110 million worth of donations, the investment promotion agency said in a statement. A total of 137…
DA expands online services | Inquirer Business
The Department of Agriculture (DA) is expanding its services through online-driven platforms to address the new landscape for buying and selling agricultural products. The agency has pushed new programs such…
Amid ECQ, life insurers gain from online sales as more customers want COVID-19 protection
While the enhanced community quarantine (ECQ) stopped face-to-face sales of life products, insurers gained from the regulatory relief allowing nontraditional transactions mostly made online as well as greater interest among…
App for tracking essential supplies, receiving COVID-19 updates launched
An Australian firm recently launched a free mobile app designed to help communities respond to the new coronavirus disease (COVID-19) crisis by enabling people and businesses to work together in…
PH ‘underspending’ vs COVID-19 risks
Foreign banks and think tanks have deemed the Philippines’ fiscal response to the COVID-19 pandemic as low compared to other countries in Southeast Asia and emerging market peers. They see…
Group of Pogo service firms vows to heed gov’t conditions for partial return of operations
The country’s largest licensed online gaming service providers said on Friday (May 1) that its members will follow the strict guidelines issued by the government as a precondition for the…
DTI: Over half of MSMEs in PH fully stopped operations due to virus outbreak
MANILA, Philippines — More than half of the country’s micro, small and medium enterprises (MSMEs) in the country had to stop their operations due to the COVID-19 pandemic, the Department…
World shares skid following grim news on US, EU economies
A man walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo Friday, May 1, 2020. Shares have dropped in Asia after Wall…
PH debt reached new high in March: P8.18 trillion
National government debt rose slightly in March to P8.18 trillion, or twice the national budget in 2020, as an increase in domestic borrowing that month offset payments made on foreign…
Microsoft’s cloud business helps offset pandemic woes
The Microsoft logo in Issy-les-Moulineaux, outside Paris, France (Image: AP/Michel Euler) Ongoing demand for Microsoft’s cloud computing services helped soften the blow of the coronavirus pandemic on the software giant’s…