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Quarantine rules in ‘perfect balance’

Despite the reopening of economic activities, health protocols to minimize the risk of contracting coronavirus disease 2019 were not relaxed.
Business Service contract holders are estimated to pour in $25 million upon lifting the moratorium, and increase these investments to $78 million as they fulfill their work commitment programs.

Oil, gas search resumption boon to employment

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Business Banks continue to open up more branches to reach more people but in reality, there are still a lot of people who remain unbanked. PHOTO: facebook.com

Banks no longer need new branches

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Business There’s increased likelihood of adopting new forms of digital currencies for both domestic and international transactions. PHOTO: PNA

Benefits, risks of digital money bared

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Business Movement restrictions implemented to address the spike in coronavirus disease 2019 have been very costly to the economy. PHOTO: PNA

GDP to sink further this year – DoF

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Business Unfair competition from imported substandard plywood threatens not only public safety but also the local manufacturing industry. PHOTO: PNA

Certification back for local, imported plywood

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Business JTI’s programmed purchases of local tobacco leaf for 2021 make up a quarter of its estimated total leaf requirement for next year. PHOTO: PNA

More tobacco purchases from PH farmers planned

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Business The unified QR code for land transport is inspired by the RapidPass System used by front-liners to pass through checkpoints. PHOTO: PNA

2021 QR code for logistics sector eyed

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Business The dream of connecting north and south and providing an alternative to Edsa is now a reality. PHOTO: PNA

SMC fulfills ‘dream highway’

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Business The Ease of Doing Business and Efficient Government Service Delivery law of 2018 has improved transactions with the government through streamlining requirements and automating services. PHOTO: PNA

US study cites improved PH investment climate

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Business By boosting the welfare of the micro, small and medium enterprises (MSMEs) during the pandemic, the thrift banks remained the government’s strong ally to promote the welfare of small businessmen.

BSP lauds thrift banks’ resiliency

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Business The government has taken the first step to establishing its LNG regasification capacity to secure replacement fuel from Malampaya and augment the country’s power supply.

Four companies allowed to build LNG terminals

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Business The national ID system aims to provide a foundational ID system in the country and eliminate the need for lots of IDs from various national government agencies, enhance the disbursement of subsidies and social protection aid from the government, and increase financial inclusion and deepening, among others. PHOTO: PNA

Neda starts nat’l ID registration

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Business Among the Covid programs, health insurance premiums for at least 13 million indigent families and seven million senior citizens got a proposed budget of P71.35 billion. PHOTO: PNA

20% of 2021 budget for Covid – DBM

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Business A big portion of the companies’ investments are upskilling and reskilling of employees to accelerate digital transformation. PHOTO: PNA

Investment in workforce sustained in ITBPO industry

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Business The change in the growth projection for this year was due to the “larger-than-expected downturn in second quarter and a more gradual resolution of the pandemic as witnessed over the past months, with prolonged social distancing, IMF Country Representative to the Philippines Yongzheng Yang (above) said.

Q2 slump sends ‘20 PH growth forecast

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Business The grant will help the Duterte administration achieve its paramount goal of accelerating poverty reduction and attaining financial inclusion for all Filipinos. PHOTO: PNA

PH anti-poverty drive gets $213M support

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Business Peter Paul Dator of The Vapers PH wants a more transparent and participatory process from the BFAD.

FDA slammed for “moro-moro” hearing, ignoring consumer rights

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Business

PH hurdles pandemic impacts – expert

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Business Both fixed broadband and mobile broadband internet speeds in the Philippines have more than doubled since 2016.

Broadband costs down by 60% since 2016

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Business

10K jobs seen in new Sumitomo plant

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Business A total of P3 billion was allocated for the ACADEME lending program in a bid to provide funding for private junior and senior high schools that are accredited by the Department of Education, the Commission on Higher Education, and the Technical Education and Skills Development Authority.

Study now, pay later backed

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Business Wilcon opened four stores this year, and two more before the year ends.

Wilcon bullish on H2 earnings

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Business

Gov’t earns P131B from fuel marking

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Business Potentially providing hackers a way in are negligent employees using a company issued laptop for personal surfing or one who remotely logs into the company system using a virus-laden device.

More cyber crimes feared

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Business Alibaba Business School and iAcademy signed a deal to launch the GET program which will be offered in iAcademy in the next academic year.

Partnership aims for digital transformation

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Business Business community has learned to manage and adjust with the virus.

Less shops closures in Aug, Sept

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