Auto firms seek gov’t help as sales slump 48.7%
The automotive industry is now asking the Department of Trade and Industry (DTI) for support as the pandemic might lead to worse problems than just the much fewer car sales…
Local makers of PPEs seek tax breaks
A group of companies that repurposed their plants to make personal protective equipment (PPE) for health care workers is now asking the government for help, as they struggle against the…
Airlines seek clarity in LGU, gov’t rules
Philippine carriers are set to meet with key national and local government officials on Friday to iron out confusing regulations that greeted them after strict lockdown rules were lifted over…
T-bill rates slide further as investors seek safe haven
T-bills rates further slid on Monday (May 18) as the Bureau of Treasury sold P24 billion or 1/5 more than it offered as investors sought safe haven for their money…
Airlines seek gov’t help in getting bank loans
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…
Nonessential retailers seek go-ahead to sell online
Micro, small, and medium-sized enterprises are in need of money to make ends meet during the crisis and many might not survive another extended lockdown without going back to work,…
Airlines seek 1-yr waiver of fees
The country’s biggest airlines are asking the government for free plane parking and rental fees for a whole year as losses mount due to the new coronavirus disease (COVID-19) pandemic.…
DOF to seek Congress OK of prolonged tax relief for small businesses
The Department of Finance (DOF) is seeking legislation, which could take years to finish, to allow the government to absorb losses of small businesses as a result of COVID-19 lockdowns…
Oil-producing nations seek global deal to stabilize market
The sun sets behind an idle pump jack near Karnes City, Texas, Wednesday, April 8, 2020. The demand for oil continues to fall due to the new coronavirus outbreak. (AP…
Airlines seek emergency help from gov’t
The trade group of the world’s airlines is calling on governments in the Asia-Pacific region to extend emergency support to the industry devastated by the new coronavirus disease (COVID-19). The…