P1.3-T stimulus bill ‘one big punch’ vs Covid-19

May 31, 2020
House Ways and Means Chair Joey Sarte Salceda said the P1.3-trillion Accelerated Recovery and Investment Stimulus for the Economy bill integrates all the proposed measures into “one big punch” to strengthen the fight against the 2019 coronavirus disease crisis and its perverse economic impacts on ordinary people.  

Vista Land nets P11.6B in 2019

May 31, 2020
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers, generated a net income of P11.6 billion in 2019, up by 10 percent from P10.5 billion the previous year, driven by the strong performance of its commercial assets and sustained contribution from its residential business. 

BSP sees May inflation at 1.9%-2.7%

May 31, 2020
Higher domestic oil prices and uptick in the price of several agricultural products due to Typhoon Ambo (Vongfong) are seen to affect the Philippines' May 2020 inflation rate, which is projected to range between 1.9 percent-2.7 percent.

Domestic liquidity growth surges in March

May 31, 2020
Loans for production activities continued to be driven by lending to key sectors such as real estate activities; financial and insurance activities; wholesale and retail trade, repair of motor vehicles; electricity, gas, steam and air conditioning supply; and information and communication.

Infra projects for completion on track

May 30, 2020
Presidential Adviser for Flagship Programs and Projects Vivencio Dizon said the government would deliver infrastructure projects under the “Build, Build, Build” program, which are targeted for completion in 2020 and 2021 despite the coronavirus disease 2019 crisis.