The Department of Trade and Industry  released Memorandum Circular has 20-12, series of 2020 on April 4 granting a 30-day grace period for residential rent as well as commercial rent of the micro, small, and medium enterprises during the enhanced community quarantine period in Luzon. 

Sen. J l Villanueva is hoping to see the implementation of the economic assistance the government committed to provide micro, small and medium enterprises, one of the badly-suffering sectors facing the brunt of the crisis brought about by the 2019 Coronavirus disease.

“Being the voice and conscience of business and commerce in Zamboanga City, we are obligated to bring to the attention of our government, authorities and beloved leaders the plight of businessmen, especially those in the medium, small and micro enterprises,” said Pedro Rufo Soliven, ZCCCIF president.

Dominguez said President Duterte has been authorized under the Bayanihan to Heal as One Act to realign the budget of government-owned and -controlled corporations, among other agencies under the Executive department, to address requirements brought about by the global pandemic.

Mayor Dino Reyes- Chua of Noveleta, Cavite donated his one whole year salary from January to December 2020 to purchase food packs for 15,000 families in his hometown. 

He posted in his of

For other inquiries, PSBank clients may send electronic mails  to customerexperience@psbank.com.ph, call the 24/7 customer hotline (632) 8845 – 8888, and check the bank’s Facebook page at Facebook.com/psbankofficial, or the PSBank LiveChat at  www.psbank.com.ph. 

The Bangko Sentral has called on financial institutions to ensure the availability of financial services this Holy Week, especially since community quarantines have been declared in most parts of the country to help address the global pandemic.  

For one, the enhanced community quarantine for mainland Luzon, which took effect last March 16, was extended to April 30 from the initial deadline of April 12 to reduce the movement of people and potential virus transmission.

With increased interest in Australian GT from teams contesting ‘endurance’ style sports cars, the category administrators have moved to confirm details of the ‘Invitational’ division that will be open to cars that fit outside the existing Australian GT Trophy Series regulations specific to GT3 and one-make production sports cars (Trofeo Challenge).

The Department of Finance has issued Revenue Regulations 8-2020 on the documentary stamp tax exemption of relief for loans payments falling due within the period of the enhanced community quarantine imposed by the national government to slow the spread of the coronavirus.

The Department of Finance has issued guidelines on the tax and duty exemption of imports of medical equipment and supplies intended for healthcare frontliners to combat the coronavirus disease 2019 pandemic.

The MB slashed the BSP’s key policy rates by 50 basis points, bringing the total rate cut to date to 75 basis points, to help ensure the sustained growth of the economy and after noting the leeway given by the projection that inflation rate will remain within the government’s two percent to four percent  target until 2021.

WASHINGTON, April 6, 2020 (AFP) - Boeing has said it will indefinitely extend a shutdown at its factories in Washington state because of the coronavirus pandemic.

“Every time a ticket is purchased, 30 percent of the amount automatically goes to the PCSO Charity Fund. That’s why even if you do not bag the jackpot prize or any of the prizes, you are still a winner by helping your fellow Filipinos through the various charity programs of PCSO.”

The Securities and Exchange Commission has ordered lending and financing companies to defer the collection of payments and charging of penalties while the country remains under a state of national emergency due to the coronavirus disease 2019 pandemic.