by ev3v4hn | Aug 6, 2020 | Business News
MANILA, Philippines — PLDT Inc. reported higher earnings in the first half of the year despite strict COVID-19 lockdowns that plunged the Philippine economy into recession. PLDT said in a stock exchange filing on Thursday that the telco core income during the six-month period rose 5 percent to P13.9 billion as service revenues grew 8 […]
by ev3v4hn | Aug 3, 2020 | Business News
MANILA, Philippines — Bringing back Metro Manila and neighboring provinces that accounted for over two-thirds of the economy to more stringent lockdown would slow recovery even as President Duterte’s chief economic manager on Monday said the 15-day modified enhanced...
by ev3v4hn | Jul 31, 2020 | Business News
A shopper passes a display window with mask covered mannequins at a dress store, Thursday, July 30, 2020, in McAllen, Texas. (AP) WASHINGTON — The coronavirus pandemic sent the U.S. economy plunging by a record-shattering 32.9% annual rate last quarter and is still...
by ev3v4hn | Jul 29, 2020 | Business News
FILE PHOTO: A lion sculpture is seen in front of office towers at the financial Central district in Hong Kong, China May 25, 2017. REUTERS/Bobby Yip HONG KONG–Hong Kong’s long recession showed some signs of easing in the second quarter as coronavirus restrictions were...
by ev3v4hn | Jul 24, 2020 | Business News
MANILA, Philippines – The research arm of debt watcher Moody’s on Friday said that while Asia-Pacific as a whole was already leading the global economic recovery, the Philippines’ COVID-19 lockdown—now the longest and most stringent in the region—will be a drag to the...
