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MANILA, Philippines — In light of the two-week extension of the ongoing enhanced community quarantine until April 30, the Insurance Commission (IC) has given life insurers more time to sell…
A man walks along an empty street in downtown Barcelona, Spain, Monday, April 20, 2020, as the lockdown to combat the spread of coronavirus continues. (AP Photo/Emilio Morenatti) LONDON —…
To ensure that the government won’t run short of funds to fight COVID-19, the Department of Budget and Management (DBM) has ordered agencies to tighten their belts and defer non-essential…
The Philippines stood to gain much from its ambitious infrastructure spending spree but rollout of projects so far had been “slow” as implementing agencies struggled to spend bigger budgets, UK-based…
The World Bank (WB) has given the green light to a $100 million loan for the Philippine Department of Health’s (DOH) COVID-19 Emergency Response Project which seeks to acquire more…
The central bank has eased a rule that had required financial institutions to keep a 100-percent buffer of assets for their foreign currency liabilities on a daily basis, saying that…
MANILA, Philippines – The state planning agency National Economic and Development Authority (Neda) is dangling tax incentives to private individuals and firms that will donate money to six programs under…
(Yonhap) via The Korea Herald SEOUL — South Korean genetic technology firm Solgent has picked local brokerage Mirae Asset Daewoo as an underwriter for its initial public offering, buoyed by…
SEOUL — South Korea’s economy shrank 1.4 percent on-quarter in the first quarter of this year, as the coronavirus pandemic crippled industrial output, consumer spending and job markets, the Bank…
The group of property tycoon Andrew Tan’s COVID-19 relief fund mobilization has breached the P600-million milestone since the whole of Luzon was locked down to curb the pandemic in mid-March.…
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