World Trade Center converted into 500-bed COVID-19 facility
WTC is now a 500-bed COVID-19 facility The Ayala group of companies has completed the conversion of part of the World Trade Center (WTC) in Pasay City into a 500-bed…
Telco firm PLDT allows staggered bill payments as COVID-19 reprieve
Telco giant PLDT Inc. is allowing postpaid subscribers to pay their bills on an interest-free installment basi in a reprieve for customers amid the new coronavirus (COVID-19) pandemic. PLDT and…
COVID-19 pandemic boosts demand for Cirtek’s medical chips
Cirtek’s manufacturing hub in Laguna(photo: www.cirtekholdings.com) The global war against COVID-19 pandemic has boosted the order book for Philippine-made electronic chips needed to produce critical medical devices. Laguna-based electronics manufacturing…
PH economic stimulus plan sees pandemic lasting till midyear
Finance Secretary Carlos Dominguez III on Tuesday presented to the House of Representatives a P1.45-trillion package of fiscal measures to ensure that the economy would “bounce back” from the impact…
Business wants public transport categorized as essential sector
The Philippine Chamber of Commerce and Industry (PCCI) wants the government to consider public transportation as an essential industry, should the government decide to partially lift the quarantine next month.…
PH shares zoom past 5,700
The local stock barometer climbed past the 5,700 mark on Tuesday as upbeat trade data out of China perked up regional markets. Gaining for the second straight session and outperforming…
IMF cuts 2020 PH growth forecast to 0.6%, expects unemployment to rise amid COVID-19 pandemic
MANILA, Philippines – The COVID-19 pandemic would not only slow the Philippines’ economic growth to a dismal 0.6 percent but also render more Filipinos jobless this year, the Washington-based International…
Dominguez to Imee Marcos: Debt payment moratorium will ‘never be part’ of COVID-19 response
President Rodrigo Duterte’s chief economic manager on Tuesday (April 14) said Sen. Imee Marcos’ proposal to suspend Philippine debt payments was “narrow sighted” and was not likely to be adopted…
DBM releasing P6.1B in grants to provinces for COVID-19 response
Not to be left behind by their city and municipal counterparts, provincial governments will divide among themselves P6.1 billion in funds for COVID-19 response. Documents showed that the Department of…
S. Korea’s shrinking job market sparks fears of recession
Job seekers look for openings at an employment exchange in Mapo, Seoul, on Tuesday. Yonhap via The Korea Herald/Asia News Network SEOUL — Slammed by the novel coronavirus, South Korea’s…