27 C
Manila
Wednesday, September 23, 2020
 

Business Forum

Latest Business Stories

Removal of GSP+ to affect PH economy

The Management Association of the Philippines (MAP) on Tuesday expressed hope the European Union (EU) will not remove the country’s zero-tariff export status. “We fervently...

BoC steps up drive vs rice smuggling

The Bureau of Customs (BoC) said it continues to step up its campaign against rice smuggling even in the middle of the coronavirus disease 2019...

Wall Street decline drags PH shares down

The negative overnight result of Wall Street cascaded down to the local shares, prompting it to slip to the 5,800 territory on Tuesday. The bellwether...

Pandemic delays transmission projects

AMID the coronavirus disease 2019 (Covid-19) pandemic, the National Grid Corp. of the Philippines (NGCP) is contending with delays in the completion of transmission...

Palay price dropped in early Sept – PSA

The Philippine Statistics Authority (PSA) reported that the average farmgate price of palay (unmilled rice) decreased in early September, falling to P17.64 per kilo...

Covid-19 impacts Cebu office space

The coronavirus disease 2019 pandemic continues to weigh heavily on the office market of Metro Cebu, JLL Philippines reported. In a webinar on Tuesday, the...

LGUs issue 933 new telco permits

THE Anti-Red Tape Authority (ARTA) said it recorded a total of 933 approved telecommunications permits as of September 21 following the issuance of compliance...

DA sees 45-day deficit on pork supply by end-2020 

WITH continuing cases of African swine fever (ASF) in the country, the Department of Agriculture (DA) is forecasting a 45-day deficit on local pork...

NBI official, brother face raps over ‘pastillas’ scheme

THE National Bureau of Investigation (NBI) on Wednesday filed criminal charges against its legal assistance chief and his brother for allegedly accepting bribes to...

World’s workers lost $3.5 trillion in wages amid pandemic

GENEVA: The coronavirus pandemic is taking a heavier toll on jobs than previously feared, the United Nations said on Wednesday, with hundreds of millions...

Late-stage study of first single-shot vaccine begins in US

Johnson & Johnson is beginning a huge final study to try to prove if a single-dose coronavirus disease 2019 (Covid-19) vaccine can protect against...

2,833 new cases raise Covid total to 294,591 in PH

THE coronavirus disease 2019 (Covid-19) cases in the Philippines increased by 2,833 on Wednesday, the Department of Health (DoH) said on Wednesday. This raises the...

Budget shortfall shrinks to P40B in Aug

THE government incurred a narrow budget deficit in August on the back of the muted rise in spending amid the decline in revenues, data...