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Close to 420,000 jobs in the Philippines are at risk even if demand for flying—now largely decimated by the new coronavirus disease (COVID-19)—starts to recover in the second half of…
The local stock barometer inched up due to last-minute buying in thin trade on Friday as investors across the region remained largely jittery on the coronavirus disease (COVID-19) pandemic. The…
The Securities and Exchange Commission (SEC) has urged lending and financing companies to comply with the Bayanihan to Heal As One Act, which makes a nationwide 30-day moratorium on loan…
The Department of Agriculture (DA) has approved an initial P1-billion loan assistance for the use of marginal farmers and fisherfolk as well as agri-fishery micro and small enterprises (MSEs) to…
Two provinces and 14 cities have so far extended the deadline for the payment of local taxes. The Department of Finance’s Bureau of Local Government Finance (BLGF) said it was…
The Philippines is interested in the Asian Infrastructure Investment Bank’s (AIIB) proposed $5-billion COVID-19 crisis recovery financing, Finance Secretary Carlos G. Dominguez III said Friday. The Beijing-based multilateral lender said…
Ayala-led electronics manufacturing service provider Integrated Micro-Electronics Inc. (IMI) has suspended operations in Mexico in line with measures adopted by the government to curb the coronavirus disease (COVID-19) pandemic. Mexico—which…
If the Philippines can contain its local COVID-19 outbreak by midyear, the economy will still grow by a slower 2 percent in 2020, the Asian Development Bank (ADB) said Friday.…
The Zuellig Family Foundation (ZFF) has allocated P100 million to help the Philippine government respond to the coronavirus disease (COVID-19) pandemic. According to a ZFF statement, P40 million will be…
Logistics provider LBC Express group has committed P50 million to help vulnerable Filipino communities mitigate risks of the new coronavirus (COVID-19) infection by supplying them with washable two-ply face masks.…
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