Nonessential retailers seek go-ahead to sell online

Micro, small, and medium-sized enterprises are in need of money to make ends meet during the crisis and many might not survive another extended lockdown without going back to work, a business group said. The Philippine Retailers Association, a group with more than 400 member companies, is asking the government to let all businesses—essential or […]

Exporters urged to explore online markets

The Department of Trade and Industry is encouraging exporters to explore the online marketplace after merchandise exports dropped in the first quarter of the year as the rest of the world struggled with the coronavirus pandemic. The DTI cited the latest data from the...

Spooked ‘hot money’ investors fled PH in Q1

Short-term investments in Philippine financial markets fled the country at the end of the first quarter as the coronavirus pandemic dampened sentiment among money managers around the world, the latest data from the central bank showed. According to the Bangko Sentral...

Bleaker GDP performance in Q2 seen

As economic recession looms in the Philippines for the first time in 22 years, economists called for a more aggressive pump-priming program by the government to mitigate the economic devastation caused by a two-month lockdown on Metro Manila and other key regions....