San Miguel Corporation (SMC) will grow 100,000 mud crabs monthly at its 10-hectare mangrove plantation site in Hagonoy, Bulacan to protect the forest and provide a new and sustainable source of livelihood for residents of the town and the rest of the province.
Sales of vehicle importers in the country continued to post growth in July after the easing of the community quarantine measures in Metro Manila and other areas in the past months.
Megaworld, the country’s leading developer of integrated urban townships, posted a 34-percent drop in its net income during the first half of 2020 to PHP5.9 billion from PHP8.9 billion during the same period last year.
The ongoing upgrading of the North Luzon Expressway (NLEX) Candaba Viaduct, the decades-old elevated highway connecting this town, and the town of Apalit in Pampanga gained support from the public and private sectors in North and Central Luzon.
The increase of online shopping since the implementation of community quarantines to address the rise of coronavirus disease 2019 (Covid-19) cases cannot be attributed primarily to the metropolis but nationwide.
Britain has officially entered into a recession, according to new figures published on Wednesday. The recession is its deepest since the start of record-keeping and deeper than any other major economy.
MOSCOW – Brent oil futures with delivery in October 2020 gained 1.6 percent to USD45.14 a barrel on the London-based ICE on Wednesday.
JAKARTA – Indonesia’s economy contracted for the first time in more than two decades due to the impact of the coronavirus disease (Covid-19) pandemic, the country’s Central Bureau of Statistics (BPS) announced on Wednesday.
MANILA – The Philippine Stock Exchange index (PSEi) ended Tuesday up after a two-day slide while the peso finished flat against the US dollar. PSEi gained 1.04 percent, or 59.58 points, to 5,775.50 points. All Shares rose by 0.84 percent, or 28.51 points, to 3,426.97 points. Mining and Oil led the sectoral indices with a jump … Read More
MANILA – The peso sustained its rally against the US dollar Thursday but the main equities index declined anew as investors remain anxious on trade issues overseas amid the rise in coronavirus disease 2019 (Covid-19) cases. After posting its more than three-year high a day ago, the local currency finished the day’s trade stronger at … Read More
MANILA – Oil companies will implement another price hike Today (Tuesday).
MANILA – Both the local main stocks index and the peso ended weaker on Monday, partially on news of a spike in the number of coronavirus disease 2019 (Covid-19) in several countries.
MANILA – The Chamber of Automotive Manufacturers of the Philippines, Inc. (Campi) and Truck Manufacturers Association (TMA) reported Monday that vehicle sales in May 2020 recovered as the enhanced community quarantine (ECQ) was lifted in some parts of the country.
CALASIAO, Pangasinan – The Bureau of Internal Revenue (BIR) district office here and in other towns and cities in the province, will be open on Saturday to allow taxpayers to settle their income tax returns (ITR) and other levies before the June 15 deadline.
DAGUPAN CITY – The management of SM has assured compliance with safety and sanitation protocols as it started operations of essential and non-leisure services in its malls in Pangasinan since the province was placed under general community quarantine on May 16
MANILA – The Bangko Sentral ng Pilipinas (BSP) said the sooner the proposed stimulus measures are approved, the better to further cushion the economic impact of the global pandemic. In an interview over ANC Monday, BSP Governor Benjamin Diokno said fiscal stimulus “works with a lag” just like monetary policy. “So the sooner those measures … Read More
ISTANBUL – The UK-based aircraft engines producer Rolls-Royce plans to cut 9,000 jobs due to the fallout from the coronavirus disease 2019 (Covid-19) pandemic, it was announced Wednesday
MANILA – San Miguel Corporation (SMC) made good on an earlier commitment to protect farmers’ income and ensure the country’s stable food supply in the coming months with its purchase of 69 million kilos of corn to date from farmers nationwide, in coordination with the Department of Agriculture (DA). SMC president and chief operating officer Ramon … Read More
ANKARA – With the ever-growing impact of coronavirus on countries’ economic output and the latest duel between Saudi Arabia and Russia on oil production, experts are worried about global economic recession. The world economy seems to have stepped into a very cloudy March mostly because of the rapid spread of coronavirus in Europe and the United … Read More
BAGUIO CITY – The Philippine Economic Zone Authority (PEZA) is asking the mayors of the municipalities adjacent here to help look for areas for possible economic zone expansions and the city to help provide the necessary manpower. “Lahat ng mga may lupa public or private iniimbitahan naming i apply nila to become an economic zone para ma-utilize at ma-spread natin ang mga industries (We are … Read More