SSS to launch COVID-19 calamity loan program on April 24
By next week, the Social Security System (SSS) will offer calamity loan to members grappling with the lockdown imposed due to the COVID-19 pandemic. Fernando F. Nicolas, SSS vice president…
Tourism chief outlines aid package for pandemic-battered PH travel industry
The Department of Tourism is doing everything within its mandate to aid stakeholders in the country’s travel and leisure industry in light of the coronavirus pandemic, Tourism Secretary Bernadette Romulo-Puyat…
UK think tank: Asia-Pacific interest rates to fall as COVID-19 sickens economies
Interest rates across the Asia-Pacific region, including in the Philippines, are expected to fall as central banks fight the economic fallout caused by the COVID-19 pandemic, UK-based Oxford Economics said.…
US think tank sees PH surviving COVID-19 pandemic with 1 percent growth
The Asia-Pacific region is expected to lead global recovery once dust from the COVID-19 pandemic settles, with the Philippines among only a few economies seen to eke out modest growth…
PH back in black in dollar inflow in February
The Philippine economy returned to black in terms of the amount of dollars it spent in the second month of 2020 outpacing the amount it earned in transactions with the…
BIR extends 2019 ITR filing, payment until May 30
The Bureau of Internal Revenue (BIR) has further extended until May 30 the deadline to file and pay 2019 income tax returns (ITRs) after the government pushed back the lifting…
Filipino-Chinese community raises P265M for COVID-19 relief projects
Filipino Chinese Community Calamity Fund (FCCF) chair and Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) president Henry Lim Bon Liong The Filipino-Chinese community has raised P265…
SEC flags crypto, tech investment scams
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has warned the public against groups illegally peddling investments with promise of high returns over a short period…
Millions to lose jobs, fall into poverty as Indonesia braces for recession
The government estimates that up to 3.78 million Indonesians will fall into poverty and 5.2 million lose their jobs during the coronavirus pandemic, as the International Monetary Fund (IMF) projects…
Gov’t think tank says 70 percent of COVID-19 carriers need isolation if lockdowns are to be lifted
An aggressive isolation of COVID-19 carriers must be put in place after the one-and-a-half months of enhanced community quarantine enforced in Luzon and most parts of the country to avoid…