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MANILA, Philippines – The COVID-19 pandemic would not only slow the Philippines’ economic growth to a dismal 0.6 percent but also render more Filipinos jobless this year, the Washington-based International…
President Rodrigo Duterte’s chief economic manager on Tuesday (April 14) said Sen. Imee Marcos’ proposal to suspend Philippine debt payments was “narrow sighted” and was not likely to be adopted…
Not to be left behind by their city and municipal counterparts, provincial governments will divide among themselves P6.1 billion in funds for COVID-19 response. Documents showed that the Department of…
The Bureau of the Treasury on Tuesday (April 14) sold P30 billion in one-year T-bonds as demand for government securities continued to be strong in light of expected further monetary…
LTG’s COVID-19 response package as of April 14, 2020 The group of tycoon Lucio Tan has mobilized at least P200 million worth of internal resources to help medical front-liners, healthcare…
MANILA, Philippines – With more governments as well as private firms across Asia-Pacific in need of financial assistance to fight the pandemic’s health and socioeconomic fallout, the Asian Development Bank…
Finance Secretary Carlos G. Dominguez III on Monday (April 13) expressed doubt the middle class would get the same dole out program as that for 18 million poor families, which…
The umbrella organization of local travel agencies is asking the government for aid to their sector whose members have been battered by the coronavirus pandemic, along with the rest of…
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.…
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…
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