Duterte asks lessors to suspend house rentals
April 10, 2020
President Rodrigo Duterte has urged residential lessors to suspend in the meantime rental payments as people have been saving for their food amid the coronavirus disease crisis. “I got reports that the people who have been renting their houses are
Philippine GDP may hit “zero or minus one percent” due to coronavirus – Finance chief
April 10, 2020
The Philippine economy could grow “zero or minus one percent” due to the coronavirus disease crisis, Finance Secretary Carlos Dominguez III said. Dominguez admitted that due to the virus, which prompted President Rodrigo Duterte to place the whole of Luzon,
PSE index lower ahead of Holy Week break
April 8, 2020
The Philippine Stock Exchange (PSE) index ended lower on Wednesday as it heads for the Holy Week break. The PSE index finished at 5,510.83 points, down 139.18 points. In the broader market, there were 102 losers,83 gainers and 37 unchanged.
McDonald’s Japan Sales Down for 1st Time since 2015
April 7, 2020
Tokyo- McDonald’s Holdings Co. (Japan) said Monday it posted its first decrease in monthly same-store sales since November 2015 amid the coronavirus outbreak. The fast food chain operator saw sales in March fall 0.1 pct from a year before, as
Canon to Close Tokyo Headquarters due to Coronavirus Spread
April 7, 2020
Tokyo- Canon Inc. said it will close its Tokyo headquarters and four offices in Kawasaki, Kanagawa Prefecture, Tuesday through April 17 due to the spread of the novel coronavirus in the metropolitan area. The headquarters has some 6,000 employees, while
Isetan Mitsukoshi to Close Stores in Greater Tokyo from Wed.
April 7, 2020
Tokyo- Isetan Mitsukoshi Holdings Ltd. said Tuesday that it will temporarily close six stores in the Tokyo metropolitan area from Wednesday, in light of the government’s imminent declaration of a state of emergency over the coronavirus outbreak. The department store
PSE index gains, volume reaches 1 billion shares
April 7, 2020
The Philippine Stock Exchange (PSE) index ended higher for the third straight session on Tuesday. The peso finished at P50.68 against the US dollar from P50.72 on Monday. Volume at the foreign exchange portal of the Bankers Association of the
Works in 13 rail projects, including MRT-3, to resume despite Luzon-wide lockdown
April 7, 2020
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases has allowed the Department of Transportation to resume the works for the 13 rail projects, including the repair of the Metro Rail Transit Line 3. IATF Spokesperson and Cabinet
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