World Business Inquiries

Questioning business opportunities in a world that is currently in sharp decline due to the outbreak of the COVID-19 virus. The answer from entrepreneurs and business people is very simple. They answered, all will be beautiful in its time

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P1.62B raised by private sector for hard-hit families

P1.62B raised by private sector for hard-hit families

A fund-raising initiative led by top business groups in cooperation with the Philippine Disaster Resilience Foundation (PDRF) and non-profit Caritas Manila pooled P1.62 billion in cash and in-kind donations for impoverished households in Greater Metro Manila who have...

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Chinabank hikes ATM withdrawal limit to P50,000

Chinabank hikes ATM withdrawal limit to P50,000

Sy family-led China Bank has jacked up its daily automated teller machine (ATM) withdrawal limit to P50,000 from P20,000 to make it easier for customers to have enough cash at hand during the lockdown of Luzon. Starting April 1, 2020, until the enhanced community...

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P1.62B raised by private sector for hard-hit families

A fund-raising initiative led by top business groups in cooperation with the Philippine Disaster Resilience Foundation (PDRF) and non-profit Caritas Manila pooled P1.62 billion in cash and in-kind donations for impoverished households in Greater Metro Manila who have...

COVID19 relief: DOF issues guidelines for loan payment moratorium

The Department of Finance (DOF) on Wednesday (April 1) released the guidelines for the 30-day loan payment moratorium under the Bayanihan to Heal as One Act. The DOF, together with the Department of Budget and Management (DBM), is also tapping unused funds from GOCCs...

Chinabank hikes ATM withdrawal limit to P50,000

Sy family-led China Bank has jacked up its daily automated teller machine (ATM) withdrawal limit to P50,000 from P20,000 to make it easier for customers to have enough cash at hand during the lockdown of Luzon. Starting April 1, 2020, until the enhanced community...

PH borrowers took more dollar loans in 2019, says BSP

Philippine borrowers took out more dollar-denominated loans from local banks in the fourth quarter of 2019 to meet their rising short term cash needs, according to the Bangko Sentral ng Pilipinas (BSP). Loans granted by banks’ foreign currency deposit units rose by...

Dominguez: Mass COVID-19 tests ‘a must’

President Rodrigo Duterte’s chief economic manager said mass testing for COVID-19 is “a must” if the Philippines wanted the pain inflicted by the disease on both the health care system and the economy to go away. Finance Secretary Carlos G. Dominguez III said that if...