by ev3v4hn | Aug 17, 2020 | Business News
MANILA, Philippines — Business groups lauded the compromise both houses of Congress reached on the moratorium on debt payments to ease the difficulties of Filipinos during the COVID-19 quarantine in many parts of the country. Francis Lim, president of the influential Management Association of the Philiplines (MAP), said over the weekend that the 60-day freeze […]
by ev3v4hn | Aug 17, 2020 | Business News
The Villar family’s Vista Land & Lifescapes Inc. sees a challenging period ahead as earnings took a hit during the first semester of the year. The company, however, pointed to signs of recovery in the tail end of the first half as strict COVID-19 lockdown measures...
by ev3v4hn | Aug 11, 2020 | Business News
GMA Network Inc. is buying back its Philippine Depositary Receipts (PDR) in a preemptive bid to protect its foreign investors. GMA Network said in a Philippine Stock Exchange filing on Tuesday its board of directors had approved the acquisition of PDRs issued by GMA...
by ev3v4hn | Aug 10, 2020 | Business News
National Treasurer Rosalia de Leon. (INQUIRER FILE PHOTO) MANILA, Philippines — Treasury bill rates further slid across the board on Monday as government securities remained appealing to investors despite a COVID-19-induced recession. The Bureau of the Treasury sold...
by ev3v4hn | Aug 8, 2020 | Business News
The benchmark Philippine Stock Exchange index (PSEi) sank on Friday after reports emerged that the Philippines topped the Southeast Asian region in terms of COVID-19 infections. This indicated that the government has yet to control the spread of the virus, which...
