Business

Plans underway for economic recovery from recession

The National Economic and Development Authority (NEDA) laid out on Friday government measures to aid in the country’s economic recovery from recession. The measures include the expected passage of the Bayanihan to...

Globe keeps customers safe through use of digital channels; shifts to electronic billing until Dec 31

With the shift to Modified Enhanced Community Quarantine, messengerial delivery services will once again be limited. Despite this, Globe assures its customers that they will continue to receive their updated monthly...

Senators not surprised by recession, eye more strategies for recovery

Senators are optimistic that the Philippine economy will be able to recover from the recession which is also being experienced by other countries amid the COVID-19 pandemic. “All economies of the world...

PH falls into recession

After two consecutive quarters of economic slowdown, the Philippine economy has officially dived into recession. The Philippine Statistics Authority (PSA) reported that the gross domestic product (GDP) of the country fell to...

FDA warns against the use of misbranded face masks

The Food and Drug Administration (FDA) warns against the use of misbranded face masks sold in markets. FDA Director-General Eric Domingo has clarified that the label written on the approved face masks...

July 2020 inflation of 2.7% consistent with BSP forecast of 2.2-3.0%

PR “The July 2020 inflation of 2.7 percent was within the BSP’s forecast range of 2.2 – 3.0 percent. The latest inflation outturn is consistent with the BSP’s prevailing assessment that inflation...
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