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…
Faster food price hikes amid lockdown hurt poor families’ pockets in April
Faster food price hikes amid the COVID-19 lockdown in April hurt the pockets of poor families as they had to shell out more despite many of them losing jobs and…
Plans for reopening of tourism industry outlined
In a Senate hearing on the impact of the coronavirus disease, Tourism Secretary Bernadette Romulo-Puyat outlined plans and preparations for the revival and reopening of tourist sites once their locations…
$300-M infusion saves PAL from bankruptcy for now
Taipan Lucio Tan has pumped into Philippine Airlines (PAL) some $300 million (P15.2 billion) in capital, saving the airline from immediate bankruptcy while it waits for emergency loans that will…
BSP: Proposed FIST law to buttress PH banks even if bad loans double
The central bank will provide the local banking system with the support it needs to insulate itself from a buildup of bad loans that may result from the ongoing coronavirus…
DTI to check if restos can be allowed dine-in option
The Department of Trade and Industry (DTI) will look into whether restaurants could be allowed to have dine-in customers in areas under general community quarantine, subject to health protocols and…
Stock index up 0.4 in thin trade
The benchmark Philippine Stock Exchange index (PSEi) rose on Thursday while equities around the region were mixed ahead of a crucial jobs report in the United States. By the closing…
COVID-19 slashes SE Asia agri output by 3.11%
The COVID-19 pandemic is expected to have slashed agricultural production in Southeast Asia in the first quarter of 2020 with losses expected to amount to $3.76 billion, or 1.4 percent…
Construction lag pulls down FLI profit by 25%
Gotianun group-led Filinvest Land Inc. (FLI) saw a 25-percent year-on-year drop in first quarter net profit to P1.35 billion, citing the enhanced community quarantine (ECQ) that disrupted operations and delayed…
Senate urged to pass Create before June break
Finance Secretary Carlos Dominguez III has urged the Senate to pass the improved and more COVID-19-responsive version of the Duterte administration’s corporate income tax reform package as a form of…
Absolute power corrupts absolutely | Inquirer Business
If power corrupts, the absolute power that corrupts absolutely must not prevail in the use of the proposed additional P66-billion DA (Department of Agriculture) budget for the COVID-19 stimulus fund.…