jaSmall biz workers’ subsidies fully released soon

June 15, 2020
Payouts are more than 97-percent complete for both tranches of the two-month Small Business Wage Subsidy Program for workers of small businesses affected by the coronavirus pandemic, according to  Finance  assistant secretary and spokesperson Antonio Joselito Lambino II.

SBMA extends freeze of biz fines, fees

June 12, 2020
SUBIC BAY FREEPORT – To help business locators and residents cope with the economic crisis brought about by coronavirus disease 2019 pandemic, the Subic Bay Metropolitan Authority has suspended anew the collection of penalties and fees until June 30.

SMC toll roads go cashless to help curb Covid-19 spread

June 12, 2020
In a statement, SMC president and chief operating officer Ramon Ang said SMC Tollways would offer free installation of radio frequency identification stickers to public utility vehicles and all types of vehicles that use the Skyway, NAIA Expressway, South Luzon Expressway, Southern Tagalog Arterial Road, and the Tarlac-Pangasinan - La Union Expressway.

Leisure, travel firms open at 50% capacity in MGCQ

June 10, 2020
As the government is expected to further ease community quarantine measures next week, it is allowing more business establishments, including fitness and sports - as well as travel and leisure industries, to open in areas under modified general community quarantine.

PAL cancels 8 international flights

June 10, 2020
Flag carrier Philippine Airlines announced the cancelation of eight international flights originally scheduled for June 10-12, as the carrier was not given the arrival slots at the Ninoy Aquino International Airport.

Mla, AIIB ink $750-M loan pact for Covid-19 response

June 10, 2020
The government has signed an agreement with the Asian Infrastructure Development Bank  committing the multilateral lender to extend a loan of up to $750 million to support government efforts to suppress the coronavirus disease 2019 outbreak and augment the funds needed to address this health crisis.

Private sector help in food security efforts sought

June 10, 2020
Cabinet Sec. Karlo Nograles has  urged the private sector to aid government efforts to ensure food security and resiliency in the country, stressing that a whole-of-government approach is necessary to provide the public with access to affordable food and eradicate hunger.

Ex-gov’t execs, experts push CREATE bill OK

June 08, 2020
Former secretaries of finance and socioeconomic planning chiefs, along with state bankers, eminent economists, and industrialists have sought the immediate congressional passage of the long-due second package of the Comprehensive Tax Reform Program as they chided critics for “rehashing old arguments and delaying what we know to be a necessary boost” for an early recovery of the coronavirus-stalled economy.