Max’s Group reopens after 10-day break
After suspending all restaurant operations for 10 days as a precautionary measure against the COVID-19 pandemic, the country’s leading casual dining chain operator Max’s Group Inc. (MGI) has resumed operations…
SEC contributes P2B to war chest vs COVID-19
SEC chair Emilio Aquino The Securities and Exchange Commission (SEC) has contributed P2 billion to boost the national government’s war chest against the COVID-19 pandemic. This contribution to national government’s…
Wall Street leaps 7%, markets rally worldwide on virus hopes
NEW YORK — Investors grabbed hold of a few glimmers of hope Monday that the coronavirus pandemic could be slowing and sent stocks surging in a worldwide rally, capped by…
PayMaya developer gets $120M local and international investments
MANILA, Philippines — One of the country’s leading financial technology platforms raised over P6 billion from local and international investors as the new coronavirus (COVID-19) pandemic bolsters demand for electronic…
Shakey’s PH nets P862M | Inquirer Business
Shakey’s president Vicente Gregorio Po family-led restaurant chain operator Shakey’s Pizza Asia Ventures Inc. grew its 2019 net profit by 2 percent to P862 million, driven by a double-digit growth…
BIR shutters illegal cigarette factory in Pampanga, seizes 1.6M packs
The Bureau of Internal Revenue (BIR) has shuttered in Pampanga an illegal manufacturer of cigarettes supposed to be exported to Malaysia, the Department of Finance (DOF) said. In a statement…
San Miguel’s COVID-19 mobilization hits P878M
SMC president Ramon S. Ang PHOTO FROM SANMIGUEL.COM.PH Conglomerate San Miguel Corp. has contributed P877.8 million so far to nationwide efforts to fortify medical front-liners and support hardest-hit communities in…
After a long day of lockdown, how ‘essential’ is a drink?
Image: Istock.com/yangwenshuang via AFP Some countries have banned alcohol, others say liquor shops are essential services, and one top official even suggested a tipple after another long day trapped at…
More corporate aid for COVID-19 front-liners, employees
New ventillators donated by SM to PGH The SM group has deployed intensive care unit (ICU)-grade ventilators to various medical institutions to support the full recovery of COVID-19 patients, as…
Treasury sells P20 billion in T-bills after 2 weeks of excessive rates
After two weeks of rejecting investors’ high bid rates, the Bureau of the Treasury on Monday (April 6) finally sold P20 billion in T-bills. National Treasurer Rosalia V. de Leon…