by ev3v4hn | May 30, 2020 | Business News
Grocery chain operator Puregold Price Club Inc. has emerged unscathed from the earnings pressure caused by the new coronavirus disease (COVID-19) pandemic, as consumers stocked up on essential goods even after lockdown measures were imposed by the government in mid-March. Puregold, deemed the only purely nondiscretionary retail play in the local stock market, grew its […]
by ev3v4hn | May 29, 2020 | Business News
Sen. Grace Poe on Friday (May 29) praised the private sector’s early action in the fight against the novel coronavirus disease (COVID-19) amid what was described as the Duterte administration’s slow response in key areas. “Honestly, I think it was the private sector...
by ev3v4hn | May 29, 2020 | Business News
The Philippines secured a total of $1.25 billion in loans from two multilateral lenders last Thursday (May 28), filling its war chest in the fight against COVID-19. The China-led Asian Infrastructure Investment Bank (AIIB) approved $750 million, part of a co-financing...
by ev3v4hn | May 29, 2020 | Business News
The Philippine government would need bigger fiscal support, which could mean more public money, directed toward COVID-19 response than it already has as it gradually opens the economy although cases of infection were still considered high, according to a London-based...
by ev3v4hn | May 28, 2020 | Business News
The China-led Asian Infrastructure Investment Bank (AIIB) on Thursday (May 28) approved a second loan to the Philippines, worth $750 million, for COVID-19 response. Finance Undersecretary Mark Dennis Y.C. Joven told the Inquirer that the Beijing-based lender approved...
