The Daily Manila Shimbun

 

DOF releases P16.4-B subsidies to 2.1-M SBWS beneficiary-workers

May 17, 2020

The first tranche of a two-month wage subsidy package has been credited to the accounts of more than 2.1 million qualified beneficiary-workers of the Small Business Wage Subsidy (SBWS) program, jointly implemented by the Department of Finance (DOF), Bureau of

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PSE index up, peso slips vs US dollar

May 14, 2020

The Philippine Stock Exchange ( PSE ) index closed slightly higher on Thursday. The peso settled at P50.445 against the US dollar from P50.26 on Wednesday. Volume reached $565.61 million from the previous session’s $390.5 million. The PSE index gained

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PSE index declines, peso closes at P50.26:$1

May 13, 2020

The Philippine Stock Exchange (PSE) index closed lower on Wednesday. The peso gained to P50.26 against the US dollar from P50.30 on Tuesday. Volume at the foreign exchange portal at the Bankers Association of the Philippines reached $390.5 million from

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DBCC adjusts targets, sees GDP to contact by 2% to 3.4% in 2020

May 13, 2020

Responding to the impact of the COVID-19 pandemic on the Philippine economy, the Development Budget Coordination Committee (DBCC) has adjusted the country’s macroeconomic indicators and fiscal program for fiscal years (FY) 2020 to 2022. These adjustments reflect the Duterte administration’s

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PSE index ends lower

May 12, 2020

The Philippine Stock Exchange (PSE) index ended lower on Tuesday. The PSE index closed at 5, 651.67, down 16.26 points. In the broader market, there were 87 gainers, 86 losers and 45 unchanged. Volume reached 454.17 million worth P5.37 billion

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Dominguez proposes 5 priority measures to restart economy

May 12, 2020

Finance Secretary Carlos Dominguez III has recommended accelerating the implementation of the “Build, Build, Build” program and scaling up food production and its logistics chain as part of the five priority measures that the government needs to undertake to stimulate

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PSE index gains

May 11, 2020

The Philippine Stock Exchange (PSE) index ended 45.99 points higher to 5,667.93 on Monday. In the broader market, there were 90 gainers, 80 losers and 55 unchanged. The peso closed at P50.30 against the US dollar from Friday’s P50.42. Volume

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”Special permits”‘ to be given to public transport once GCQ in place: LTFRB

May 11, 2020

The Land Transportation and Franchising Regulatory Board (LTFRB) on Monday said public transport vehicles who will have special permits  will be allowed to operate once Metro Manila downgrades to general community quarantine (GCQ) from enhanced community quarantine ( ECQ). In

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