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…
Metro Pacific mobilizes P190M for war vs. COVID19
Manuel V. Pangilinan The group of businessman Manuel V. Pangilinan has mobilized over P190 million worth of resources to help the country’s medical front-liners and support vulnerable communities amid the…
Japanese group buys 10% of MPIC’s Indonesian tollroad unit
Metro Pacific chair Manuel V. Pangilinan and chief finance officer David Nicol The Metro Pacific group led by businessman Manuel V. Pangilinan has sold a 10.32 percent stake in Indonesian…
Amid COVID-19 pandemic, World Bank sees PH economy growing 3% at best, contracting 0.5% at worst in 2020
MANILA, Philippines — The COVID-19 pandemic will take its toll on economies across East Asia and the Pacific, and the Philippines was no exception given its reliance on tourism and…
Stocks extend losses, oil trades below $20 on virus impact
A man walks by an electronic stock board of a securities firm in Tokyo, Monday, March 30, 2020. Asian shares started the week with further losses as countries reported surging…
DBM to directly remit gov’t share of workers’ GSIS fees starting April
Beginning April and amid the COVID-19 pandemic, the government’s 12-percent share in its personnel’s monthly Government Service Insurance System (GSIS) contributions will be directly remitted by the Department of Budget…
BREAKING: NGCP to donate P1-billion for COVID-19 response
MANILA, Philippines — The National Grid Corp. of the Philippines plans to donate P1 billion in goods and cash to support health workers who are in the frontline in the…
San Miguel readies P500M for purchase of PPEs for frontliners wherever supply’s available
The country’s largest conglomerate on Monday (March 30) said it will tap its global network of suppliers to procure personal protective equipment that it will donate to frontliners in the…
LGUs in need of loans for COVID-19 measures assured of online process convenience
The Department of Finance (DOF) has made it easier for local governments, tied up with COVID-19 quarantine enforcement, to borrow money. The DOF’s Bureau of Local Government Finance (BLGF) last…
Treasury rejects T-bill bids as rates go ‘over the roof’
Bid rates for T-bills went “over the roof”, prompting rejection by the Bureau of Treasury on Monday (March 30). The rate surge came as Luzon entered the third week of…
MRSGI nets P776M | Inquirer Business
Gaisano-led retailer Metro Retail Stores Group Inc. (MRSGI) posted P776 million in net profit last year, down by 19.7 percent, due to new accounting rules that hiked expense booking on…