Airlines seek emergency help from gov’t
The trade group of the world’s airlines is calling on governments in the Asia-Pacific region to extend emergency support to the industry devastated by the new coronavirus disease (COVID-19). The…
Listed energy firms go online for stockholders’ meetings
Several energy firms have opted for remote or online attendance for their annual stockholders’ meeting scheduled up to May, while a few others have postponed theirs, in light of the…
Move to control excessive spikes in cost of essential commodities
The departments of Agriculture, Trade and Industry and Health have reactivated local price coordinating councils (LPCCs) to closely monitor the prices of farm and fishery products, processed goods and medicines…
30-day extension of expiring insurance policies, HMO agreements ordered
The Insurance Commission (IC) has ordered a minimum 30-day extension of insurance policies, pre-need plans and health maintenance organization (HMO) agreements that lapsed or will end during the one-month enhanced…
ADB commits $1.6B in additional aid to PH for fight vs COVID-19
The Asian Development Bank (ADB) on Friday said a bigger financial assistance worth at least $1.6 billion would be provided to the Philippines in the coming weeks to help its…
Banks appeal to public for patience, understanding
The banking community appealed to the public to bear with limited services at this time that financial institutions are themselves operating under a challenging environment with only a skeleton workforce.…
Oxford Economics: COVID-19 bad for all, awful for some
The global spread of the COVID-19 disease would inflict economic and social difficulties to emerging markets like the Philippines, to be made worse by prevalent limitations in health care systems…
Proof of life requirement for SSS pension set aside during COVID-19 onslaught
Social Security System (SSS) pensioners need not present themselves anymore in SSS offices to prove they’re alive to receive pension. The so-called proof of life requirement has been set aside…
PH debt breaches P8-trillion mark in February
The national government debt breached the P8-trillion mark for the first time last February, driven by record-high amounts of retail treasury bonds (RTB) issued and redemption of euro bonds in…
Insurance regulator tells firms: If clients request, extend policies expiring during COVID-19 quarantine
The Insurance Commission (IC) has ordered a minimum 30-day extension of insurance policies, pre-need plans and health care contracts that would lapse during the one-month enhanced community quarantine in Luzon…