Gov’t spent P389B for COVID-19 response – DBM
September 1, 2020
The Philippine government has already spent P389 billion for its response programs amid health crisis due to coronavirus pandemic, the Department of Budget and Management said on Tuesday. In a televised press briefing, Budget Secretary Wendel Avisado said the P389.06
Chinese projects, including Sangley airport, to continue – Palace
September 1, 2020
All the Chinese projects, including the Sangley Airport in Cavite, will proceed as the Philippines is “not a vassal state” of the United States, Malacanang said on Tuesday. Presidential Spokesperson Harry Roque made the “categorical statement” after the Cavite local
Dominguez says BOP surplus, mild inflation prop up peso among Asia’s strongest currencies
September 1, 2020
The Philippine peso has emerged as among Asia’s strongest currencies even amid a pandemic-induced global economic downturn as a result of the country’s mild inflation rate and a balance of payments (BOP) surplus reflected in its record-high foreign currency reserves
Gyms, personal grooming services, tutorial, review centers under GCQ allowed to resume operations starting Sept. 1 – DTI
August 31, 2020
Establishments, such as gyms, tutorial centers and those which offer personal grooming services in places under general community quarantine are allowed to operate again starting September 1, Trade Secretary Ramon Lopez said on Monday. However, such businesses have to operate
IATF looking into one month duration of quarantine classifications for “stability” – DTI chief
August 31, 2020
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases is mulling to impose new quarantine classifications for one month starting September in order to have more stability, an official said on Monday. President Rodrigo Duterte is set to
DTI pushes for lifting of chicken products ban from Brazil to prevent shortage
August 31, 2020
The Department of Trade and Industry has asked the Agriculture department to lift the ban on chicken products imported from Brazil to avoid possible shortage, which can result to higher prices. In the televised “Laging Handa” program at state-run television
DOF welcomes DOLE-commissioned study showing CREATE bill will generate jobs, lower poverty incidence
August 30, 2020
The reduction in the corporate income tax (CIT) rate complemented by an overhaul in the tax incentives system for companies will propel economic growth, create more jobs, and lower poverty incidence, according to a study commissioned by the Department of
PSE index finishes lower; peso at P48.52:$1
August 26, 2020
The Philippine Stock Exchange (PSE) index ended 22.11 points lower at 5,931.33 on Wednesday. The peso finished at P48.52 against the US dollar from P48.50. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $481.50
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