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The government may inject badly needed, albeit limited, capital into corporations and industries devastated by the new coronavirus disease pandemic, the country’s chief economist said Friday. Under the proposed Philippine…
This year’s expected weak revenue take has forced the government to borrow more and in the process jack up the debt stock to a record-high P9.59 trillion by year’s end.…
Although enhanced community quarantine (ECQ) has been extended but modified for another 15 days in COVID-19 hot spots, the Bureau of Internal Revenue (BIR) will no longer push back tax…
The country’s biggest airlines are urging lawmakers to include loan guarantees for their industry in a proposed stimulus bill to support sectors devastated by the coronavirus pandemic. Roberto Lim, vice…
The budget deficit narrowed to P74 billion at the end of the first quarter, partly as the national government spent less than the three-month expenditures program due to the COVID-19…
More than 1.2 million Filipinos who had worked for small and medium enterprises (SMEs) that temporary closed down during the enhanced community quarantine (ECQ) imposed in Luzon and other parts…
The Philippines’ ambitious “Build, Build, Build” infrastructure program is again undergoing a review to give priority to projects that would have the biggest impact on reviving an economy reeling from…
The country’s largest licensed online gaming service providers said on Friday (May 1) that its members will follow the strict guidelines issued by the government as a precondition for the…
The country’s agriculture chief has assured consumers that the extension of the lockdown in the country would not affect food supply, noting that current inventories of basic food items were…
Balance between health and economy. In sum, that is the elusive formula that could be key to winning the fight against the COVID-19 pandemic, according to the country’s new chief…
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