IATF OKs dine-in in MGCQ areas but must observe health standards
June 2, 2020
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases has allowed restaurant dine-in operations in areas under the modified general community quarantine. In a virtual press briefing on Tuesday, Presidential Spokesperson Harry Roque, however, warned that any restaurant,
Domestic flights not yet allowed due to LGUs opposition; inbound international passengers capacity to increase -gov’t
June 1, 2020
Domestic flights in the Philippines are not yet allowed despite easing of quarantine measures due to opposition from local government units, officials said on Monday. In a virtual press briefing, National Task Force on COVID-19 Chief Implementer Carlito Galvez Jr.,
PSE index up, peso ends at P50.32 vs US dollar
June 1, 2020
The Philippine Stock Exchange (PSE) index ended higher on Monday. The peso finished at P50.32 against the US dollar from P50.61 on Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $699.75 million from
Landmark Department Store Reopened in Tokyo’s Ginza
May 31, 2020
Tokyo- Isetan Mitsukoshi Holdings Inc. reopened a landmark department store in Tokyo’s Ginza district on Saturday, after about a month and a half of closure amid the COVID-19 epidemic. The reopening came after a state of emergency over the coronavirus
DOF secures US$4.55-B in newly contracted foreign loans for COVID-19 response
May 31, 2020
The Department of Finance (DOF) has secured a total of US$4.55 billion in newly contracted foreign loans from multilateral lenders and the commercial markets as of mid-May this year to boost the government’s ongoing efforts to suppress the coronavirus disease 2019 (COVID-19) pandemic and provide
PCCI head says CREATE to give PHL ‘fighting chance’ in attracting more investments
May 31, 2020
The head of the largest umbrella group of business organizations representing some 30,000 large and micro, small and medium enterprises (MSMEs) across the country has sought the immediate congressional passage of the proposed Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), to give
DOTr plans to open other international airports as Metro Manila shifts to GCQ
May 29, 2020
The Department of Transportation is eyeing to open other international airports in the country as Metro Manila transitions to general community quarantine starting next week. In a televised meeting with President Rodrigo Duterte on Thursday night, DOTr Secretary Arthur Tugade
Business groups urge Congress to pass CREATE bill next week
May 29, 2020
A formidable group of 32 local and foreign business organizations have called on the Congress to act “quickly and decisively” in restoring market confidence and providing the “most direct, cost-efficient and instant relief” to enterprises suffering from the coronavirus pandemic’s economic fallout by passing the
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