Venture Capital Funding
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…
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.…
Imports slid by over 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. Initial figures released by the…
The Duterte administration’s chief economic manager on Wednesday (April 8) said the extension of the enhanced community quarantine in Luzon will result in “zero to possibly negative 0.8-percent” Philippine economic…
More than P288 billion in loans from multilateral lenders in the pipeline on top of a supplemental 2020 budget to be requested from Congress will boost the Philippines’ war chest…
Rizal Memorial Stadium retrofitted by tycoon Ricky Razon into a temporary COVID-19 treatment facility The group of tycoon Enrique Razon Jr. has completed the first phase conversion of the Rizal…
Life insurer Pru Life UK is offering free one-time 45-day COVID-19 protection and personal accident coverage to 500,000 Filipinos, aiming to help ease the emotional distress and financial burden during…
The country’s two state-run pension funds on Tuesday (April 7) announced relief for members with loans and those in the private sector worrying about meeting the deadline of their regular…
Cities and municipalities will get their share of the P30.824-billion grant from the national government for COVID-19 response on Wednesday (April 8), Budget Secretary Wendel E. Avisado said. The guidelines…
Independent petroleum distributor SEAOIL said on Tuesday (April 7) that it will provide free fuel vouchers to hospitals for the use of their ambulances and frontliners who are involved in…
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