Globe in $4-M acquisition deal with US-based cloud consulting group
Globe Telecom is buying up assets of a United States-based cloud consulting group to expand offerings for its business costumers. Globe said on Friday that the deal was valued at…
Government move to import rice hit
A national farmers’ group has warned that the government’s plan to import rice could lead to a slump in palay farm-gate prices just when these are starting to recover. The…
Electricity consumers’ relief extended | Inquirer Business
Electricity consumers will enjoy more relief from their bill burdens as the Energy Regulatory Commission (ERC) extended by another month the suspension of the collection of incentives for renewable energy…
IC waives notarization of agents’ license application amid lockdown
MANILA, Philippines — Amid the COVID-19 lockdown, the Insurance Commission (IC) has temporarily waived the required notarization of agents’ license application documents. Insurance Commissioner Dennis B. Funa said in Circular…
Europe car sales tank 55% in March on coronavirus lockdowns
MILAN — European car sales tanked last month amid strict lockdown measures to contain the coronavirus that shut down dealerships for at least half of March and dried up consumer…
DBM: 78.4% of 2020 budget funds released in Q1
The Department of Budget and Management (DBM) during the first quarter released 78.4 percent or P3.22 trillion of the P4.1-trillion budget funds available for this year. For funds under the…
More COVID-19 relief coming to health workers, farmers, consumers
More relief, through fresh government funds, is coming the way of health workers risking their lives in the fight against COVID-19 and also farmers and consumers grappling with loss of…
COVID-19 relief: DBM releases P96B for 2nd month of cash aid to poor
The Department of Budget and Management (DBM) on Friday (April 17) released P96 billion to the Department of Social Welfare and Development (DSWD) for the second month of cash aid…
PH consumer confidence dives for 2nd quarter of 2020, says new BSP survey
Filipino consumers are less optimistic about their prospects in the second quarter of 2020 and the rest of the year due to worries about inflation and stagnant income, according to…
COVID-19 aid: MSME application for wage subsidies to end April 30
The government has started accepting applications from struggling micro, small and medium enterprises (MSMEs) that wanted to receive small business wage subsidies for their workers kept from reporting for duty…