SEC flags illegal “reseller” schemes
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has urged the investing public to be wary of individuals or groups hawking reseller business partnerships that may…
Sweeper flights, lodging for OFWs and health workers top DOT’s COVID-19 response
The Department of Tourism has so far helped mount over 20 so-called sweeper flights to help thousands of foreign tourists return to their home countries after the coronavirus pandemic virtually…
URC nets P10.1B | Inquirer Business
Gokongwei-led Universal Robina Corp. (URC) grew its net profit last year by 7 percent to P10.1 billion, driven by the recovery of the local coffee and ready-to-drink tea businesses alongside…
GSIS opens online application for nationwide COVID-19 emergency loan program
The Government Service Insurance System (GSIS) on Thursday (April 16) opened online applications for its COVID-19 emergency loan program available nationwide. In a statement, the GSIS said it set aside…
London think tank: PH economy to shrink 4 percent in 2020
London-based Capital Economics on Thursday (April 16) said the Philippine government’s projections of flat growth or, in the worst case, contraction of as much as 1 percent in 2020 was…
Diokno delivers early on promised rate cuts as COVID-19 accelerates BSP timetable
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno on Thursday (April 16) cut key interest rate by half a percentage point — five weeks earlier than the next scheduled meeting…
COVID-19 uncertainty: Gov’t in search of more funds to keep helping poor, keep economy breathing
The government is on the lookout for more funds to sustain help to vulnerable sectors and keep the economy from total collapse as uncertainty lingers over the COVID-19 pandemic. Budget…
IMF revises growth rate for Singapore and Asean’s top economies downwards to -1.3% due to coronavirus disruption
A cleaner wearing a protective face shield cleans up the street in Medan, North Sumatra, Indonesia, on April 15, 2020. PHOTO: EPA-EFE via The Straits Times/Asia News Network WASHINGTON —…
More PPEs for PH medical workers
Plane full of PPEs: Boeing-777 chartered by San Miguel Corp. to ship 40,000 sets of PPEs from China Seeking to fortify the country’s medical front-liners in the global war against…
Phinma sets P25M COVID-19 relief program
Phinma CEO Ramon V. Del Rosario Jr. poses beside a portrait of his father, Ramon Sr., considered one of the fathers of Philippine industry. Business house Phinma has mobilized at…