How Changing Housing Needs Influence Singapore Property Choices
Housing needs rarely stay the same throughout a person’s life. A home that works well for a young professional may not provide the same advantages…
BSP-led digital transition prepared PH economy for pandemic
Substantial progress made in the government’s “digital transformation agenda” has helped prepare the country for the ongoing COVID-19 pandemic, including the ability to disburse cash aid to underprivileged beneficiaries through…
DOF: Nearly $5B in foreign loans, grants added to COVID-19 funds
To finance response to the COVID-19 pandemic, the Philippine government so far borrowed from foreign lenders and secured grants worth nearly $5 billion, with much of the money already injected…
EastWest unveils digital banking arm
Komo, EastWest Bank’s new digital banking arm Gotianun family-led East West Banking Corp. has joined the local digital banking race with the launch of Komo, a fully-digital banking platform operating…
MerryMart IPO priced at P1 each
Edgar Sia II Retailer Merry Mart Consumer Corp. has priced its initial public offering (IPO) – the first in the local stock market this turbulent year – at the maximum…
Jollibee spending P7B to restructure global operations
Jollibee Manhattan —Contributed photo Homegrown fast-food giant Jollibee Foods Corp. (JFC) is spending P7 billion to implement “significant” changes to its global business structure, including the streamlining of non-performing stores…
Stocks end lower on Wall Street as US-China tensions weigh
Stocks closed broadly lower on Wall Street Thursday as investors weighed more data showing the economic damage being caused by the coronavirus pandemic and another flareup in tensions between the…
ERC to issue moratorium for ‘lifeliners’
The Energy Regulatory Commission (ERC) is set to issue a directive to allow “lifeliners” in areas under the modified enhanced community quarantine (MECQ) to extend payments for their electric bills…
BSP: No interest on loans during ECQ, MECQ period
The Bangko Sentral ng Pilipinas (BSP) on Thursday reminded lending institutions that they are prohibited from charging interest on interest, fees and charges—such as late payment fees—on all loan payments…
BIR: No Pogos can resume operations as not one has fully paid taxes
SAFETY REGULATIONS In this Feb. 5 photo, about a month before the lockdown, Chinese workers have their temperature checked as they enter an office building in Parañaque City. —RICHARD A.…
DBP disburses P1.5B in cash aid to small rice farmers
The state-run Development Bank of the Philippines (DBP) has disbursed over P1.485 billion in unconditional cash aid to small rice farmers under a Department of Agriculture (DA)-led program. “A total…