Agriculture posted growth in 2nd quarter
Despite disruptions in the country’s food supply chain caused by lockdown measures aimed at preventing the spread of COVID-19, the agriculture sector was still able to register a 0.5-percent growth…
Amid ECQ, ‘record-high’ unemployment rate of 17.7% posted in April
MANILA, Philippines — The jobless rate climbed to a “record-high” of 17.7 percent at the height of the COVID-19 lockdown in April, the government reported Friday. Citing the preliminary results…
Pre-need industry posted P718.6-million loss in 2019, says IC
Pre-need companies sold more plans last year, but the industry incurred a net loss of P718.6 million due to bigger liabilities. Citing unaudited interim financial statements, Insurance Commissioner Dennis B.…
Cebu Air posted P1.18-B net loss in Q1
The operator of budget airline Cebu Pacific swung to a net loss in the first quarter of 2020 as the coronavirus disease (COVID-19) pandemic clipped the airline sector’s wings. Cebu…