According to the Bangko Sentral ng Pilipinas (BSP), the country's external debt level is expected to remain manageable despite increased foreign borrowings. It aims to finance efforts by the national government to counter the effects of the COVID-19 pandemic. In...
As of July, more companies have been able to obtain bank loans. In addition, it will help them get back on their feet, said Tuesday the Bangko Sentral ng Pilipinas (BSP). As local lenders were permitted to charge fresh loans...
Many Filipinos believe the national government needs to take greater responsibility in tackling the coronavirus epidemic.
Owing to the economic toll of coronavirus disease (COVID-19) on their activities, almost a thousand business companies have laid-off workers. It was in just the first nine days of August. The Department of Labor and Employment (Dole)'s new job loss...
With Metro Manila and neighboring provinces returning to tight lockdown protocols. It was because the government is struggling to curb coronavirus (COVID-19) infection, but it is unlikely that the Philippine domestic economy can rebound this second half. Another reason was...
More than 100 Light Rail Transit-1 (LRT-1) workers will lose their jobs as the ridership of the train line declined following the Metro Manila coronavirus lockdown. This was affirmed Tuesday by the Light Rail Manila Corp. (LRMC), and its spokesman,...
Equity mutual fund plans in India witnessed the highest net outflow in July. This peak is the first time to achieve over the past six years. The pandemic-induced low hits could have contributed to the event, as Investors requested for...
In the first half of the year, Gokongwei-led Robinsons Land Corp. (RLC) reported a net income of P3.7 billion. It was down 8 percent year-on-year. In addition, it was because of the coronavirus (COVID19) pandemic and the consequent lockout protocols....
Most Asian shares were higher on Monday. It was following the issuance of executive orders by President Donald Trump to provide tax relief. And also, it aims to avoid unemployment benefits for Americans affected by the coronavirus pandemic effect. Shares rose...
The government has marginally jacked up the planned capital investment to P785.5 billion this year. The World Bank observed that the efficiency of road, power and water facilities in the Philippines was lagging behind that of its rivals.
© 2021 Go Trading Asia.