Gov’t allots P 1-B loan fund for agri-fishery SMEs
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…
LGUs give taxpayers grace period as part of quarantine efforts
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…
PH eyes AIIB’s $5-B ‘recovery’ financing facility
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…
IMI suspends Mexico operations | Inquirer Business
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…
ADB warns PH against prolonged lockdown
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.…
P100M for PPE, front-liners | Inquirer Business
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…
P50M in face masks from LBC
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.…
Toll-free RFID stickers for doctors, nurses from SMC
Conglomerate San Miguel Corp. (SMC) assured continued operations across its tollroad network despite the steep drop in vehicular volume. Amid the coronavirus crisis, SMC said the movement of health care…
Health maintenance firms assure COVID-19 coverage for 7M PH clients
A group of health maintenance organizations (HMOs) on Friday (April 3) assured clients of COVID-19 coverage with nearly 24-hour assistance available for client concerns. Carlos D. Da Silva, executive director…
DOF, BIR publish order to reiterate documentary stamp tax exemption of COVID-19 loan relief
The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) have reiterated the exemption from documentary stamp tax (DST) of the loan relief provided during the enhanced community…