3rd telco DITO scales down Luzon rollout due to COVID-19 lockdown
Telco startup DITO Telecommunity Corp. was forced to slow the rollout of network infrastructure in Metro Manila and Luzon after a lockdown was ordered to halt the spread of the…
PH’s biggest management group submits plan to resume public transport during COVID-19 lockdown
A business group proposed that only buses and trains be allowed to operate in Metro Manila in the meantime, opening modes of public transportation that it thinks are enough to…
Megaworld donates P60M to build COVID-19 test labs
Andrew Tan and family Property tycoon-led Megaworld Corp. has donated P60 million to build four COVID-19 testing laboratories for Philippine Red Cross (PRC) in Metro Manila, augmenting the country’s capacity…
PH e-commerce gains during COVID-19 lockdown
MANILA, Philippines — The COVID-19 global pandemic and the resulting lockdowns to contain the disease, including in the Philippines, so far inflicted a “brutal blow” on the growing “sharing economy,”…
Dominguez on raising funds vs COVID-19: Pogos maybe but alcoholic drinks no
Extended tax deadlines will delay revenues much needed for the fight against COVID-19, which could prompt the government to allow Philippine offshore gaming operators (Pogos) to resume operations, according to…
IC surveys COVID-19 impact on insurance, HMO claims
MANILA, Philippines – The Insurance Commission (IC) has asked its regulated entities to fill out a survey so that the regulator can assess the impact on the domestic sector of…
COVID-19 barely impacts Philippine peso
The COVID-19 pandemic has barely made a dent on the Philippine peso, which remained stronger than the US dollar as of mid-April, given strong macroeconomic fundamentals, the Department of Finance…
Cigarette transport restrictions may ease as smuggling rampant amid COVID-19 lockdown
Restriction on transport of legal tobacco products may be lifted following reports that cigarette smuggling, mostly through Mindanao, has become rampant while the entire country is waging war on COVID-19.…
RLC: demand for China condo project brisk despite COVID-19 crisis
Gokongwei-led Robinsons Land Corp. has reported brisk demand for condominium units in its residential project in Chengu, China despite this territory being the epicenter of the coronavirus (COVID-19) pandemic. In…
Ayala sets Qualimed Sta. Rosa as COVID-19 referral hospital
The Ayala group of companies has set up Qualimed Sta. Rosa in its Nuvali estate in Laguna as a full-scale COVID-19 referral hospital, helping to increase the country’s capacity to…