Neda chief Chua: ECQ impact on economy ‘more severe than expected’

The Philippines is bracing for an even worse-than-expected drop in the gross domestic product (GDP) in the second quarter as the country’s chief economist on Friday said the COVID-19 lockdown inflicted more pain into the economy than earlier projected. But as the economy gradually opened up under less-restrictive quarantine, Acting Socioeconomic Planning Secretary Karl Kendrick […]

SEC oks first REIT listing

ALI top brassL-R top to bottom: ALI vice-chair Jaime Augusto Zobel de Ayala, chair Fernando Zobel de Ayala, president Bernard Vincent Dy, chief financial officer Augusto Bengzon at the ALI 2020 stockholders meeting via Zoom The Securities and Exchange Commission has...