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…
Korean Air to submit self-rescue plan amid coronavirus pandemic
Yonhap via The Korea Herald/Asia News Network SEOUL — Korean Air Lines Co., South Korea’s top flag carrier, will draw up a 1.5 trillion won ($1.23 billion) self-rescue plan, including…
DOF: Over 115,000 MSME workers got wage subsidy ahead of schedule
MANILA, Philippines — The government has released ahead of schedule the wage subsidies of over 115,000 workers employed by micro, small and medium enterprises (MSMEs) that temporarily closed during the…
BIR further extends 2019 ITR-filing, payment deadline to June 14
The Bureau of Internal Revenue main office in Quezon City. (Philippine Daily Inquirer) MANILA, Philippines–With the community quarantine again extended in some areas until May 15, the Bureau of Internal…
Exxon profits drop as most of world stays home, forgoes fuel
AP NEW YORK — Profits fell at Exxon Mobil and Chevron warned of tough times ahead as the global pandemic began to erode oil demand. Exxon lost $610 million in…
Holcim profit down in Q1 as pandemic slowed construction
The country’s leading cement maker Holcim Philippines posted a 28.7-percent year-on-year drop in first quarter net profit to P501.54 million due to softer prices and lower selling volumes, particularly in…
Company registration easier under new SEC rules
The Securities and Exchange Commission (SEC) has agreed to relax the registration requirements of domestic corporations to help ease doing business in the country. “By easing the requirements for company…
Robinsons Land aims for P20B from fresh retail bond offer
Gokongwei-led property developer Robinsons Land Corp. (RLC) plans to raise as much as P20 billion from a new retail bond offering in order to boost its war chest for expansion…
Ayala’s IMI posts $4.6-M loss as virus-hit supply chains stifle operations
Ayala-led electronics manufacturing service provider, Integrated Micro-Electronics Inc. (IMI), turned unprofitable in the first quarter of the year as lockdown measures and global supply chain disruptions triggered by the new…
Megaworld income hit P17.9B in 2019
Andrew Tan-led property developer Megaworld Corp. posted P17.9 billion worth of attributable net income in 2019, up by 18 percent from the previous year, driven by higher earnings from its…
Telco personnel get front-liner status, eligible for RapidPass
The National Telecommunications Commission (NTC) has issued guidelines for the easy movement of telecommunications and internet infrastructure personnel amid the coronavirus pandemic. The movement of front-line personnel in the fight…