Sy-Coson: Allow 50% business operations
As the whole of Luzon heads into an extended lockdown, it’s time to think about job preservation and creation, according to businesswoman Teresita Sy-Coson, vice chair of the country’s largest…
Bunnies to the rescue as virus hits Belgian chocolatiers
Chocolate rabbits with face masks are lined up at the Cocoatree chocolate shop in Lonzee, Belgium. Image: AP/Virginia Mayo SINT-PIETERS BRUGGE, Belgium—Master chocolatier Dominique Persoone stood forlorn on his huge…
SMC donates fuel to DOTr, MMDA for health workers’ transportation
MANILA, Philippines — San Miguel Corporation (SMC) has donated P3.9-million worth of fuel to the government’s efforts to transport health workers and other frontliners who are braving the COVID-19 crisis…
Wall Street caps best week since 1974 on latest Fed stunner
NEW YORK — Wall Street closed out its best week in 45 years on Thursday after the Federal Reserve launched its latest titanic effort to support the economy through the…
San Miguel donates flour for pandesal production
Ramon Ang hopes to duplicate Petron success in PAL. PHOTO FROM SANMIGUEL.COM.PH Conglomerate San Miguel Corp. is deploying flour to local government units (LGUs) and bakeries around Metro Manila to…
Oil-producing nations seek global deal to stabilize market
The sun sets behind an idle pump jack near Karnes City, Texas, Wednesday, April 8, 2020. The demand for oil continues to fall due to the new coronavirus outbreak. (AP…
Fintech platform Investree’s expansion to Philippines, Thailand on track this year
SCREENGRAB from https://investree.id/ JAKARTA — Financial technology (fintech) platform PT Investree Radhika Jaya has announced that its plans to expand its market to Thailand and the Philippines through joint ventures…
Asian shares mixed, Tokyo lower as Wall Street rally fades
BANGKOK — Shares were mixed in Asia on Thursday after a 3.4% gain on Wall Street overnight as investors chose a positive focus for data about the coronavirus outbreak’s trajectory.…
Virus outbreak delivers tech darlings a harsh reality check
AP Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get together. Since the beginning of…
Wall Street jumps 3.4%, actually holds on this time
NEW YORK — Stocks shot to a 3.4% gain on Wall Street Wednesday as investors chose to focus on the optimistic side of data about the coronavirus outbreak’s trajectory. It’s…