Bankers support “Bayanihan” law vs COVID-19
The Bankers Association of the Philippines (BAP) has expressed support to the implementing rules of Republic Act No. 11469 or the “Bayanihan to Heal As One Act” which, among others,…
Stocks skid as physical, economic toll of virus worsens
NEW YORK — Wall Street and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts — and as experts say…
DTI backs businessmen’s proposal to gradually lift Luzon lockdown
SUPPLY AND PRICE WATCH Trade Secretary Ramon Lopez and Agriculture Secretary William Dar inspect a market in Quezon City on March 26 to see whether basic goods are available and…
Market up 1.64% as investors welcome Bayanihan Act
The local stock barometer advanced to the 5,400 mark yesterday as domestic investors made up for the slack in foreign appetite alongside lingering concerns on the coronavirus pandemic. The main-share…
Private group to help disburse gov’t subsidies
An army of rural banks, cooperatives, microfinance institutions, nongovernmental organizations and payment collection company has taken position to offer an alternative way of disbursing the government’s more than P200 billion…
Free seeds, planting materials to promote urban farming
With the entire Luzon placed under an enhanced community quarantine, the Department of Agriculture (DA) has intensified efforts to promote urban agriculture by distributing free seeds and planting materials to…
Metro Manila to have normal water supply for April
The allocation of raw water from Angat dam to the Metropolitan Waterworks and Sewerage System (MWSS) remains normal in April at 46 cubic meters per second, mainly to address the…
Dar: Don’t worry, we have enough rice
There is no rice shortage. This was reiterated by Agriculture Secretary William Dar following warnings from industry groups and some lawmakers of an inadequate rice supply, as Luzon remained under…
Spending slows; purchases more on food, health items
The lockdown of Luzon amid the coronavirus (COVID-19) pandemic is likely to take a heavy toll on the consumer and retail sectors, but higher food, beverage and health spending can…
P1.62B raised by private sector for hard-hit families
A fund-raising initiative led by top business groups in cooperation with the Philippine Disaster Resilience Foundation (PDRF) and non-profit Caritas Manila pooled P1.62 billion in cash and in-kind donations for…