Robinsons Retail Q1 net jumps 45%
Panic-buying in supermarkets before and during the start of the lockdown of Luzon in mid-March boosted the first quarter net profit of Gokongwei-led Robinsons Retail Holdings Inc. (RRHI) by 45…
PSE moves to manage market volatility
The Philippine Stock Exchange (PSE) seeks to better control extraordinary volatility at the local stock market, which entered the bearish cycle earlier this year, by shifting to a three-tier circuit…
Agriculture finally gets attention | Inquirer Business
It had to take this pandemic for agriculture to finally get the deserved attention it has long been denied. The two most critical elements during this time are health and…
European economy suffers record drop amid pandemic
In this Wednesday, April 29, 2020 photo a man walks in front of the European Central Bank in Frankfurt, Germany. The European economy shrank by 3.8% in the first quarter,…
Kin, beneficiaries of 8 health workers who died of COVID-19 to get P12.9M from GSIS
Families and beneficiaries of eight public health workers who died giving care to COVID-19 patients but contracted the disease themselves would receive a total of P12.9 million in life insurance…
With fever checks and masks, Dubai’s megamall reopens
Dubai Mall is operating at 30% of capacity to ensure social distancing. Image: AFP/Karim Sahib via AFP Relaxnews Clutching bags from designer boutiques in their gloved hands, customers are back…
Would you be willing to pay 50% more for your no-frills airline ticket?
To make up for revenue lost by blocking off the middle seat, low-cost carriers would have to hike up the price of tickets. Image: istock.com/Alan Morris via AFP Relaxnews Industry…
COVID-19 impact: Customs collection goal cut to P706.9B
The Duterte economic team has slashed the Bureau of Customs’ (BOC) target collection of import duties and other taxes for 2020 to P706.9 billion in light of the COVID-19 pandemic’s…
Neda chief: Pandemic to cost PH economy P1.1T in 2020
The Philippine economy can still crawl its way to positive growth in the first quarter of 2020 but will suffer up to P1.1 trillion in revenue loss the entire year…
Dominguez on post-pandemic stimulus: Citira is it
The Corporate Income Tax and Incentives Reform Act (Citira) can serve as stimulus for a post-pandemic economy as it would attract more investments and create jobs, Finance Secretary Carlos G.…