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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…
The day ABS-CBN Corp. was forced by the government to stop airing, advertising executives watched in horror as half their market vanished. The ad industry’s growth was fueled as much…
An empty road leads into a deserted Disney resort after it was closed due to the COVID-19 pandemic in Kissimmee, Florida on May 5, 2020. Image: Daniel SLIM/AFP Disney shares…
Factory production declined in March as supposedly nonessential manufacturing ground to a halt at the start of a lockdown meant to stop transmission of SARS Cov2, the virus that causes…
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 Duterte economic team has slashed the Bureau of Customs’ (BOC) target collection of import duties and other taxes for 2020 to P706.9 billion in light of the COVID-19 pandemic’s…
Barcelona-based FocusEconomics has slashed its 2020 growth forecast for the Philippines to 1.4 percent as the COVID-19 pandemic and the local lockdown to fight the disease deeply hurt the economy.…
It has been over five weeks since the enhanced community quarantine in Luzon was put into effect and throughout that period, Globe Telecom remains unwavering in its commitment to assist…
MANILA, Philippines — Data on how consumers and businesses have been affected by the coronavirus pandemic will be known by the end of April, said acting Socioeconomic Planning Secretary Karl…
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…
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