Monks named US deals team leader at Bloomberg
Liana Baker, taking care of editor of U.S. deals at Bloomberg News, sent out the adhering to on Friday: We’re fired up to announce that Matt Monks has been promoted…
Erwan Heussaff and Lark Team Up to Help Small Food Businesses in the Philippines
As a result of the pandemic and its effect on the Philippine economy, several small businesses have been forced to halt operations or close up shop completely. This has been…
GDP to contract by up to 3.5 to 4 percent in 2020: economic team
MANILA, Philippines — Amid the coronavirus pandemic, the Philippine economy is seen contracting by up to 3.5 to 4 percent this year — the fastest pace in 35 years, even…
Duterte economic team looking for universal health care fund sources
The Duterte administration’s economic team is looking for money to implement the universal health care (UHC) program, which key team leaders believed cannot be deferred as the state-run Philippine Health…
UBX, Lazada team up on SME lending program
UBX, the fintech arm of Union Bank of the Philippines, has teamed up with e-commerce platform Lazada to offer credit lifeline to micro, small and medium enterprises (MSMEs) grappling with…
Economic team slashes 2020 infra budget
MANILA, Philippines — The economic team has slashed the amount set aside to build infrastructure this year even as total expenditures on public goods and services were jacked up to…
Economic team dangles 25 percent corporate tax in COVID-19 recovery package
The Philippines’ corporate income tax rate—Asean’s highest, currently at 30 percent—can slide to 25 percent during a one-time, big-time reduction planned in July if Congress will heed the economic team’s…