Category : Headlines

DTI s Lopez backs scaling again of reopened businesses amid rising COVID-19 instances

Commerce Secretary Ramon Lopez, who pushed for further reopening of businesses to spur economic restoration, is now supporting calls to briefly shut and reduce lately reopened establishments to help handle the rising new COVID-19 instances within the...

BSP, DA, DAR amend Agri-Agra regulation IRR as banks compliance remains low

The Bangko Sentral ng Pilipinas (BSP), the Division of Agriculture (DA) and the Division of Agrarian Reform (DAR) have amended the implementing guidelines and laws (IRR) of the The Agri-Agra Reform Credit score Act of 2009 to enhance financing to the...

99okay to 149okay MSMEs expected to close permanently after yr of lockdown - IBON

Some 99,800 to 149,700 micro, small and medium enterprises (MSMES) are anticipated to shut down completely because the nation s financial system was badly hit because of the coronavirus disease (COVID-19) pandemic, analysis group IBON Foundation sta...

PSEi flat on cautious trading on account of lockdown considerations

Philippine shares traded flat on Wednesday, albeit in the inexperienced, as buyers stayed on the sidelines awaiting whether or not the federal government will reimpose a strict lockdown amid the current surge in new COVID-19 instances.

Landbank, DA supply P15 billion in loans to boost pork supply

State-run lender Land Financial institution of the Philippines and the Department of Agriculture (DA) on Wednesday launched a lending program to assist hog raisers improve their production and get well from the African wine fever (ASF) crisis.

Senate OKs reso calling probe into meals security crisis, tongpats on pork imports

The Senate on Wednesday adopted a resolution calling on the Committee of the Entire to conduct an investigation into the food safety crisis within the nation caused by the African swine fever (ASF) drawback.

Gov t posts P14.1-B finances deficit in Jan amid drop in tax assortment

The national government s fiscal stability swung to a deficit in January 2021, on the again of additional contraction in state revenues as the country nonetheless grapples with the COVID-19 disaster.

Herd immunity in the Philippines won't be achieved until 2023 --Moody's Analytics

The Philippines just isn't more likely to obtain herd immunity towards COVID-19 until 2023, which might sluggish the tempo of its financial restoration, in line with Moody s Analytics.

Asian stocks to open decrease as buyers eye Fed meeting

Asian stocks have been set to open principally decrease on Wednesday following a sell-off in US shares, as buyers awaited the Federal Reserve's assembly and whether the central financial institution will keep near-zero rates of interest amid the fina...

Japanese companies to offer lowest pay rises in 8 years as pandemic bites

Japanese corporations are set to supply the lowest wage will increase in eight years as labour talks wrap up on Wednesday, in a sign the COVID-19 pandemic is putting an end to the benefits introduced on by former premier Shinzo Abe's stimulus policie...

S&P affirms US scores at 'AA+/A-1+' with secure outlook

Score company S&P on Tuesday affirmed america' 'AA+/A-1+' sovereign score, citing the country's resilient financial system and in depth financial policy flexibility.