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…
How many POGOs have unpaid taxes? ‘Marami, halos lahat,’ says BIR chief
MANILA, Philippines — While the government has already required Philippine offshore gaming operators (POGOs) to first pay all of their tax dues before resuming operations during quarantine, compliance to the…
IC: Online insurance sales also allowed in areas under GCQ
MANILA, Philippines — With some areas in the country now covered by a less restrictive general community quarantine (GCQ), insurers and their agents can continue selling products online just like…
Nonessential retailers seek go-ahead to sell online
Micro, small, and medium-sized enterprises are in need of money to make ends meet during the crisis and many might not survive another extended lockdown without going back to work,…
Exporters urged to explore online markets
The Department of Trade and Industry is encouraging exporters to explore the online marketplace after merchandise exports dropped in the first quarter of the year as the rest of the…
Spooked ‘hot money’ investors fled PH in Q1
Short-term investments in Philippine financial markets fled the country at the end of the first quarter as the coronavirus pandemic dampened sentiment among money managers around the world, the latest…
Bleaker GDP performance in Q2 seen
As economic recession looms in the Philippines for the first time in 22 years, economists called for a more aggressive pump-priming program by the government to mitigate the economic devastation…
PSBank profit down 5.1% as it prepares for rise in bad loans
The Metrobank group’s thrift bank arm, Philippine Savings Bank (PSBank), saw a 5.1-percent year-on-year drop in first quarter net profit amounting to P646.2 million as it set aside a bigger…
Stocks down as PH stumbles in narrow path to ‘A’ credit rating
The stock barometer slipped on Friday as global credit watchdog Fitch Ratings tempered its Philippine sovereign credit outlook soon after first quarter local economic performance turned out weaker than expected.…
SEC warns public vs 4 more scammers
Four new investment scammers preying on yield-seekers during this state of public health emergency have been uncovered by the Securities Exchange Commission (SEC). In advisories issued on May 7, the…
After a 31% profit fall in Q1, D&L expects worst is over
After being caught offguard by the Luzon-wide lockdown starting mid-March, the worst may be over for food and chemical product manufacturer D&L Industries, although it may take some time for…