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…
Pru Life offers free 45-day insurance to 500K Filipinos
Life insurer Pru Life UK is offering free one-time 45-day coronavirus disease (COVID-19) protection and personal accident coverage to 500,000 Filipinos, aiming to help ease the emotional distress and financial…
Imports slump as pandemic affects trade with China
Imports slid by more than a tenth in February as shipments from China—the Philippines’ top source of foreign-made goods—contracted at the onset of the COVID-19 pandemic. Preliminary figures released by…
BIR: Donations to COVID-19 response tax-deductible
Donations in cash and in kind in response to the COVID-19 pandemic are exempt from donor’s tax and can be deducted from the taxable gross income of companies and individuals.…
Flat growth or 0.8% GDP contraction seen in 2020
The Duterte administration’s chief economic manager on Wednesday said the extension of the enhanced community quarantine in Luzon would result in “zero to possibly negative 0.8-percent” growth in 2020.“Definitely businesses…
NEA backs electric co-ops’ plea for relief
The National Electrification Administration (NEA) is backing an appeal by electric cooperatives for an indefinite extension—indefinitely or until their business operations return to normal—of the deadline for them to pay…
Jumpstarting the economy after a pandemic
The recent coronavirus outbreak has brought uncertainty not just over general public health, but also to the global economy at large. While scientists are racing to find a cure against…
Workers in health maintenance, insurance firms exempted, too, from COVID-19 stay-at-home rule, says IC
Professionals who work for health maintenance organizations (HMO) and insurers providing health products can help in the frontlines against the COVID-19 pandemic and are exempted from the movement restrictions imposed…
Zobel backs extended lockdown | Inquirer Business
Jaime Augusto Zobel de Ayala Business tycoon Jaime Augusto Zobel de Ayala, chair and chief executive officer of the country’s oldest business house Ayala Corp., expressed full support to the…
Uninterrupted supply chain during COVID-19 lockdown key to keeping inflation low, says DOF
The Department of Finance (DOF) sees inflation further easing in the near term but only if supply chains remained undisrupted by local lockdowns against COVID-19. In an economic bulletin on…
BIR offers incentives to donors for COVID-19 response
MANILA, Philippines — Donations in response to the COVID-19 pandemic will not only be exempt from donor’s tax but also deducted from companies and individuals’ gross income subjected to tax.…