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…
BPI raises P33.9B from bond issue
Ayala-led Bank of the Philippine Islands (BPI) has raised P33.9 billion from a warmly-received bond offering that was completed before Metro Manila was locked down. In a disclosure to the…
Banks appeal for understanding amid service constraints
The Bankers Association of the Philippines (BAP) appealed to the public to bear with limited banking services at this time that these financial institutions were operating only with a skeleton…
Top firms boost food donations
San Miguel President Ramon S. Ang. AP FILE PHOTO Big conglomerates have committed more resources to help feed the most vulnerable households as well as healthcare workers and enforcement personnel…
Stocks surge again after relief bill passed; indexes up 6%
NEW YORK — Stocks marched higher for a third straight day Friday as a massive coronavirus relief bill moved closer to passing Congress and Wall Street took some historically bad…
PH economic slowdown seen to persist through Q1 2021
The COVID-19 pandemic is likely to gnaw sharply on the Philippine economy until the first quarter of 2021 alongside a steeper global economic downturn and the tightening of global financing…
DA: PH has enough rice stocks amid Vietnam’s import halt
The country’s agriculture chief has assured the consuming public of adequate rice supply following Vietnam’s decision to suspend its rice exports. The decision was made by the Vietnamese government to…
Guidelines on manning capital markets out
The Securities and Exchange Commission (SEC) has issued guidelines on the accreditation of people who will run the country’s capital market infrastructure during the lockdown of Luzon. It also issued…
PSEi surges 7.44%; investors cheer news of $2-T US spending program
Corporate Philippines regained P548.35 billion from the local stock market on Thursday as bargain hunters took heart from an upcoming $2-trillion COVID-19 US spending program, thus driving the sharpest rally…
GDP growth projected to slide to 2.6% in 2020
The Washington-based global financial industry association Institute of International Finance (IIF) expects the Philippines’ economic growth to slide to 2.6 percent in 2020 while expansion across emerging market (EM) Asia…
Dominguez: Priority in COVID-19 aid are workers, not businesses
As the COVID-19 pandemic threatens the economy and jobs, companies cannot expect immediate help from the government as priority in aid are workers displaced by draconic quarantine measures. Finance Secretary…