Business

Philippine GDP contracts after 2 decades

For the first time in two decades, the Philippine economy shrank amid Taal eruption, decline in tourist arrivals, and the ongoing enhanced community quarantine brought about by COVID-19 pandemic. The Philippine Statistics...

MSMEs seek lower interest rates

Aside from providing financial support for micro, small, and medium enterprises (MSMEs), provincial governors are also calling on the national government to make loans affordable for them. “We are asking the national...

DTI issues guidelines for business establishments, workers

The Department of Trade and Industry (DTI) has released its updated guidelines for business establishments and employees allowed to work under the ECQ and GCQ. Based on the Memorandum Circular, those below...

PH April inflation sinks to 2.2%

Latest data from the Philippine Statistics Authority (PSA) indicate a slowdown of 2.2 percent in April inflation from the 2.5 percent rate last March. This is the lowest rate since November...

Globe announces first quarter 2020 results: 1st quarter earnings not reflective of CoVID-19 impact; Globe reduces cash divident payout to conserve cash for operations;...

Globe PR Globe's digital transformation over the last five years paved the way for the company’s resilience during the CoVID-19 pandemic. Despite the limitations brought about by the enhanced community quarantine (ECQ)...

General Government Debt down to 37.2 percent of GDP as of Sept 2019

DOF PR The country’s consolidated General Government (GG) debt stood at P6.79 trillion in the third quarter of 2019, or down by 0.4 percentage point to the ratio of 37.2 percent of...
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