Pinoy Business News

Pinoy Business News

  • BSP: Inflation may ease in second half of 2021
    by ABS-CBN News on April 12, 2021 at 3:04 pm

    Inflation is expected to slow within the second half of the year and settle within the Bangko Sentral ng Pilipinas' target, it said on Monday.   

  • PH shares slip despite relaxed restriction in NCR Plus
    by ABS-CBN News on April 12, 2021 at 2:15 pm

    Philippine shares continued their decline despite relaxed lockdown restrictions in the greater Manila area.

  • Firm looks to build vaccine manufacturing plant in PH
    by ABS-CBN News on April 12, 2021 at 11:44 am

    A local company is looking to build a vaccine manufacturing plant in the Philippines through a collaboration between the government and the private sector, its CEO said Monday.

  • Outdoor dining sa mga restoran sa MECQ areas puwede na uli
    by ABS-CBN News on April 12, 2021 at 10:52 am

    Pinapayagan na ulit ang outdoor dining sa mga restaurant sa Greater Manila Area ngayong MECQ.

  • Infra spending sharply picks up on belated release of Bayanihan 2 funds
    by Ian Nicolas Cigaral on April 12, 2021 at 10:32 am

    Government spending on infrastructure posted a double-digit growth as of February driven by belated release of funds under the Bayanihan II law.

  • Alibaba shrugs off $2.75B antitrust fine, shares rally
    by kadraneda on April 12, 2021 at 10:28 am

    SHANGHAI — Alibaba does not expect any material impact from the antitrust crackdown in China that will push it to overhaul how it deals with merchants, its CEO said Monday, after regulators fined the e-commerce giant $2.75 billion for abusing market dominance. Shares in Alibaba Group Holdings Ltd rose as much as 9% in Hong The post Alibaba shrugs off $2.75B antitrust fine, shares rally appeared first on Inquirer Business.

  • Pandemic purchase: Shopee says locked down Pinoys bought masks, wallpapers in 4.4. sale
    by ABS-CBN News on April 12, 2021 at 10:05 am

    Filipinos take advantage of sale events to stock up on health essentials as seen in the recently concluded 4.4 sale which sold at least 1 million medical supplies, e-commerce platform Shopee Philippines said Monday.

  • BIR on tax-free coronavirus vaccine importation: No resale, commercial use
    by tbergonia on April 12, 2021 at 10:02 am

    MANILA, Philippines—The Bureau of Internal Revenue (BIR) on Monday (April 12) released the guidelines for tax-free perks to be enjoyed by coronavirus vaccine importers under the COVID-19 Vaccination Program Act of 2021. Citing Republic Act (RA) No. 11525, Finance Secretary Carlos Dominguez III and Internal Revenue Commissioner Caesar Dulay said in Revenue Regulations (RR) No. The post BIR on tax-free coronavirus vaccine importation: No resale, commercial use appeared first on Inquirer […]

  • Luxury goods cost more in PH but demand for cosmetics, fragrances stays strong
    by tbergonia on April 12, 2021 at 9:32 am

    MANILA, Philippines—Prices of luxury goods in Manila climbed in 2020 while the pandemic took its toll on the local economy, but Swiss wealth manager Julius Baer sees a growing market in the Philippines as it recovers from the recession. Julius Baer’s Global Wealth and Lifestyle Report 2021 released last Friday ((April 9) showed Manila was The post Luxury goods cost more in PH but demand for cosmetics, fragrances stays strong appeared first on Inquirer Business.

  • DOF: PPP projects to lead spending in next 2 years
    by tbergonia on April 12, 2021 at 9:27 am

    MANILA, Philippines—As work on big-ticket infrastructure being financed by tycoons’ deep pockets continued despite prolonged quarantine, public-private partnership (PPP) projects would take the lead in lifting the economy from its pandemic-induced recession in 2021 and 2022, Department of Finance (DOF) estimates showed. The government also ramped up expenditures on infrastructure, which rose 14.4 percent year-on-year The post DOF: PPP projects to lead spending in next 2 years appeared […]

  • BSP reports January surge in long term foreign investments in PH
    by tbergonia on April 12, 2021 at 9:14 am

    MANILA, Philippines—The flow of long term foreign capital into the Philippines improved in January 2021 after a sharp drop in 2020 caused by the COVID-19 pandemic, according to the Bangko Sentral ng Pilipinas (BSP). In a statement, the BSP said foreign direct investment net inflows grew by 41.5 percent to reach $961 million in January The post BSP reports January surge in long term foreign investments in PH appeared first on Inquirer Business.

  • UK think tank sees 1.5 percent GDP decline in 2nd quarter of 2021
    by tbergonia on April 12, 2021 at 8:56 am

    MANILA, Philippines—The second quarter of 2021 may see a 1.5 percent decline in gross domestic product (GDP), ending a quarter-on-quarter economic growth eked out since the middle of 2020, as the return to quarantine measures weaken consumer spending, according to the UK-based think tank Pantheon Macroeconomics on Monday (April 12). While GDP likely crawled to The post UK think tank sees 1.5 percent GDP decline in 2nd quarter of 2021 appeared first on Inquirer Business.

  • Investing in the health of the Philippines
    by bdiaz on April 12, 2021 at 8:52 am

    Written by: Tina Arceo-Dumlao The Ayala Group was just going back to its roots when it reentered the Philippines’ healthcare sector with the acquisition of the Generika drugstores and establishment of AC Health in 2015, 180 years since the group started out with Botica Zobel. That was a big leap forward for the group that The post Investing in the health of the Philippines appeared first on Inquirer Business.

  • San Miguel opens northbound section of Skyway Stage 3
    on April 12, 2021 at 8:50 am

    So far, only Class 1 vehicles involving jeepneys, cars and vans may use that segment of the toll road.

  • Alibaba shares soar as it plays down hit from record $2.78-billion fine
    by Agence France-Presse on April 12, 2021 at 8:44 am

    Shares in tech giant Alibaba surged nine percent Monday as the e-commerce titan reassured investors that a record $2.78 billion antitrust fine imposed by China would have little impact on its operations.  

  • Sanofi to invest 400 million euros in new vaccine production site in Singapore
    by dlejano on April 12, 2021 at 7:54 am

    PARIS — French drugmaker Sanofi said on Monday it would invest 400 million euros ($475.40 million) over five years in a new vaccine production site in Singapore. The new site would provide Sanofi with the ability to produce innovative vaccines on a massive scale for Asia and respond to future pandemic risks, the company said The post Sanofi to invest 400 million euros in new vaccine production site in Singapore appeared first on Inquirer Business.

  • SM reaps 25 PH Quill awards
    by bdiaz on April 12, 2021 at 7:27 am

    SM garnered 25 recognitions in different categories at the recently concluded 18th Philippine Quill Awards for its outstanding communication and social good initiatives in 2019 and amid the pandemic in 2020. The retail chain won eight (8) Awards of Excellence for SM Supermalls It’s a SMall World (Marketing, Advertising, and Brand Communication), SM Riders Program The post SM reaps 25 PH Quill awards appeared first on Inquirer Business.

  • Emperador says brands retain 'market dominance' in several countries
    by ABS-CBN News on April 12, 2021 at 6:29 am

    Emparador said Monday it has sustained "market dominance" in several countries with its brandy sales expands in North America and the UK, while scotch whisky business growing in Europe, Asia and Africa.

  • Presyo ng petrolyo may tapyas sa Abril 13
    by ABS-CBN News on April 12, 2021 at 5:51 am

    Nag-anunsiyo ang mga kompanya ng langis na magkakaroon ng bawas sa presyo ng kanilang mga produkto simula Martes, Abril 13. 

  • Asian markets retreat as traders await earnings season
    by ggaviola on April 12, 2021 at 5:44 am

    HONG KONG – Equities fell in Asia on Monday as investors awaited the next earnings season with high hopes for strong reports and outlooks as the recovery progresses, while the head of the Federal Reserve reiterated his view the economy was improving but warned the virus still posed a risk. Another record close on the The post Asian markets retreat as traders await earnings season appeared first on Inquirer Business.

  • In good spirits: SMDC helps farmers and residents through Kadiwa Market
    by vcatibog on April 12, 2021 at 5:11 am

    What does it mean to be a Good Guy? It means living up to your name, walking your talk, and doing good things consistently no matter the challenges that come your way. SMDC once again shows it is the home of The Good Guys with trailblazing initiatives that continue to extend assistance to communities beyond The post In good spirits: SMDC helps farmers and residents through Kadiwa Market appeared first on Inquirer Business.

  • FDIs gain early in 2021 as foreign firms borrow from their HQs
    by Ian Nicolas Cigaral on April 12, 2021 at 5:00 am

    New FDI remained down, while reinvested earnings plummeted due to lackluster operations last year.

  • Philippines to lose P3.6B in revenue due to reduced tariff for imported pork: Lacson
    by Katrina Domingo, ABS-CBN News on April 12, 2021 at 3:26 am

    The Philippines may lose at least P3.6 billion in potential revenue should the government proceed with its plan to reduce imported pork tariffs this year, a senator said Monday as the Senate began reviewing the policy that would allegedly hit local hog raisers.

  • Nasirang tubo ng Manila Water nagdulot ng water interruption, mabigat na traffic
    by Anjo Bagaoisan, ABS-CBN News on April 12, 2021 at 3:18 am

    Mahigit kalahating araw nang tumatagas ang tubig mula sa tubo ng Manila Water sa northbound lane ng EDSA Boni/Pioneer sa Mandaluyong City matapos itong tamaan ng drill equipment ng contractor ng Metro Manila Development Authority (MMDA).

  • Philippines draws 'strong growth' in foreign direct investments for January 2021: BSP
    by ABS-CBN News on April 12, 2021 at 3:16 am

    The Philippines booked a total $961 million in net inflows of foreign direct investments (FDI) in January 2021 higher by 41.5 percent compared to the same period last year, the Bangko Sentral ng Pilipinas said Monday

  • Cebu Pacific flights continue during MECQ; only essential passengers allowed
    by ABS-CBN News on April 12, 2021 at 2:41 am

    Cebu Pacific said Monday it would continue to operate domestic and international flights during the modified enhanced community quarantine but reminded the public that only essential passengers are allowed to and from Manila during the period. 

  • Passengers who use fake COVID-19 test results could face P50k fine, jail: PAL
    by ABS-CBN News on April 12, 2021 at 2:07 am

    Passengers caught using fake COVID-19 test results, a requirement for air travel in most destinations, may be fined up to P50,000 or serve a maximum of 6 months in jail, Philippine Airlines said Monday as it warns against falsification of documents.

  • Microsoft in discussions to buy Nuance Communications: report
    by Agence France-Presse on April 12, 2021 at 1:30 am

    Technology giant Microsoft is in advanced discussions to buy the US group Nuance Communications, which specializes in artificial intelligence, for $16 billion, according to media reports Sunday.

  • 'Time is of the essence:' Gov't urged to 'step-up' efforts instead of using COVID-19 lockdowns
    by ABS-CBN News on April 12, 2021 at 1:23 am

    Authorities must "step-up" efforts in data management, contact tracing, vaccine procurement and logistics, and quarantine and hospital facilities, Financial Executive Institute of the Philippines' president Francis Lim said in a statement. 

  • Protecting personal data with Trend Micro
    by bdiaz on April 12, 2021 at 1:00 am

    Written by: Vaughn Alviar An intellectual explosion allowed countries to run again after a screeching halt last year. This pandemic boom manifests itself nowadays in norm-shattering apps and programs. QR codes lead to online contact-tracing forms. Apps help us shop safely, requiring only our payment details and addresses. We also came up with the work-from-home The post Protecting personal data with Trend Micro appeared first on Inquirer Business.

  • Gov’t says food supply outlook ‘optimistic’
    by besguerra on April 11, 2021 at 8:21 pm

    The Department of Agriculture (DA) has assured consumers that there would be adequate and affordable food supply —especially pork—amid the ongoing quarantine following the expected entry of more imports into the country. Agriculture Secretary William Dar said based on the agency’s inventory and projections, the country’s food supply outlook “remains on the optimistic side” even The post Gov’t says food supply outlook ‘optimistic’ appeared first on Inquirer Business.

  • Bangko Sentral extends 24% cap on credit card rates
    by besguerra on April 11, 2021 at 8:20 pm

    The central bank has extended the cap on credit card charges that it imposed late last year, saying the policy of cheaper consumer debt would help consumers weather the economic fallout from the coronavirus pandemic. In an online briefing ahead of the weekend, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said the policy-making Monetary Board The post Bangko Sentral extends 24% cap on credit card rates appeared first on Inquirer Business.

  • Cautious trading seen this week
    by besguerra on April 11, 2021 at 8:19 pm

    The local stock market is seen to trade with caution this week as investors track fresh lockdown measures amid rising COVID-19 cases. Last week, the main-share Philippine Stock Exchange index (PSEi) gained 1.58 percent to close on Thursday at 6,545.17 as investors welcomed the easing of the inflation rate in March. “The local market is The post Cautious trading seen this week appeared first on Inquirer Business.

  • Study suggests gradual sugar trade liberalization
    by besguerra on April 11, 2021 at 8:17 pm

    Opening up sugar trade to imports has to be gradual to ensure that the anticipated cheaper prices, which may hurt local producers, will benefit all consumers—not only the rich who buy more of the product, but also the poor, according to a study commissioned by state planning agency National Economic and Development Authority (Neda).“The case The post Study suggests gradual sugar trade liberalization appeared first on Inquirer Business.

  • Rise in private investments, gov’t debt spur shift in PH balance sheet
    by besguerra on April 11, 2021 at 8:15 pm

    The Philippines’ total financial liabilities to the rest of the world declined sharply in the third quarter of last year as the COVID-19 pandemic continued to shift how debt is allocated and used in the various sectors of the economy. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the country’s net external liability The post Rise in private investments, gov’t debt spur shift in PH balance sheet appeared first on Inquirer Business.

  • CSR initiatives adapt to COVID-19
    by besguerra on April 11, 2021 at 8:13 pm

    How kindness and generosity have survived even with the COVID-19 pandemic was discussed at the recent World Vision CSR Summit in Cebu.The summit showcased how groups and individuals determined to help those in greater need could modify their charitable work despite facing serious challenges themselves. During the summit, World Vision Foundation partners discussed how they The post CSR initiatives adapt to COVID-19 appeared first on Inquirer Business.

  • Malico: The focus of my Personal Social Responsibility journey
    by besguerra on April 11, 2021 at 8:12 pm

    Perched on a glen atop the rugged Caraballo mountain range, at Nueva Vizcaya’s remote border with Pangasinan, Malico lies in blissful seclusion—the perfect haven for tired souls seeking solace in this hurried world. Rising up at 1,348 meters above sea level, the quaint village enjoys crisp, cool weather for most part of the year. The The post Malico: The focus of my Personal Social Responsibility journey appeared first on Inquirer Business.

  • Why fundamentals cannot explain the stock market’s performance
    by besguerra on April 11, 2021 at 8:12 pm

    The divergent performance of the stock market and economic fundamentals seems to support the argument that the Philippine market is already in the “no interest” phase. After initially falling by a total of 7.9 percent when the number of new COVID-19 infections exceeded the 3,000 threshold in early March, the benchmark PSEi (Philippine Stock Exchange The post Why fundamentals cannot explain the stock market’s performance appeared first on Inquirer Business.

  • Digital adoption chance to ‘tech up,’ build up PH–UnionBank
    by besguerra on April 11, 2021 at 8:10 pm

    Money changing hands became risky behavior because of COVID-19 so Filipinos promptly jumped online for financial transactions. “The pandemic broke through the inertia of digital adoption,” said Justo A. Ortiz, UnionBank of the Philippines vice chair in “Brand Digital Pilipinas: The New People’s Revolution,” a discussion at the Singapore Fintech Festival (SFF) held in December The post Digital adoption chance to ‘tech up,’ build up PH–UnionBank appeared first on Inquirer […]

  • Aboitiz keeps ‘economic engines’ running toward recovery
    by besguerra on April 11, 2021 at 8:09 pm

    Over a year into the devastating COVID-19 pandemic, the Aboitiz Group is ready to march toward recovery with renewed —yet prudent—optimism. Like most other organizations, the Aboitiz Group encountered setbacks last year given quarantine restrictions that have dampened consumer demand and investor appetite. And yet the group’s strategic business units (SBUs) that operate in various The post Aboitiz keeps ‘economic engines’ running toward recovery appeared first on Inquirer Business.

  • Women leaders share how they ‘Choose to Challenge’
    by besguerra on April 11, 2021 at 8:07 pm

    This year’s International Women’s Day theme is “Choose to Challenge,” where all of us, not just women, are asked to challenge and call out gender bias and inequality and to seek out and celebrate women’s achievements. Citi Philippines held a fireside chat on March 8 to commemorate International Women’s Day, and four women who have The post Women leaders share how they ‘Choose to Challenge’ appeared first on Inquirer Business.

  • Surviving, bouncing back from pandemic woes
    by besguerra on April 11, 2021 at 8:06 pm

    As the Philippines deals with a new surge of COVID-19 cases, creating an atmosphere of uncertainty reminiscent of early 2020, three businesses share some tips on how local enterprises can fully recover from this pandemic: be aware of fundamental changes in consumer behaviors, leverage technology to cater to these behaviors, and, above all, always put The post Surviving, bouncing back from pandemic woes appeared first on Inquirer Business.

  • San Miguel Corp. continues to invest heavily in the Philippines’ future
    by besguerra on April 11, 2021 at 8:05 pm

    The work of nation-building never stops. And for San Miguel Corp. (SMC), one of the country’s largest and most diversified and profitable conglomerates, not even the unprecedented COVID-19 pandemic should get in the way. Its history is so intertwined with that of the Philippines that it believes that it has the moral commitment to push The post San Miguel Corp. continues to invest heavily in the Philippines’ future appeared first on Inquirer Business.

  • PT&t revenue up 8% in 2020
    by besguerra on April 11, 2021 at 8:04 pm

    Broadband services provider Philippine Telegraph and Telephone Corp. (PT&T) announced growth in its revenue amid the COVID-19 pandemic. The company said in a stock exchange filing that revenue last year rose 8 percent on the back of a 15-percent increase in subscribers and contributions from IT and its other digital services.The company did not release The post PT&t revenue up 8% in 2020 appeared first on Inquirer Business.

  • Adapting and thriving in new realities based on new strategies
    by besguerra on April 11, 2021 at 8:03 pm

    It has been more than a year since the first local transmission of COVID-19 was reported in the Philippines, prompting the government to implement a lockdown in Luzon that quickly got replicated by local governments in the Visayas and Mindanao, as more cases of transmission were reported nationwide. Like other companies, Pilipinas Shell’s immediate concern The post Adapting and thriving in new realities based on new strategies appeared first on Inquirer Business.

  • IMF turns bullish on PH
    by besguerra on April 11, 2021 at 8:01 pm

    While most other multilateral institutions had slashed their respective 2021 gross domestic product (GDP) growth forecasts for the Philippines, the Washington-based International Monetary Fund (IMF) even raised its projection to 6.9 percent from 6.6 percent previously. The IMF’s April 2021 World Economic Outlook (WEO) report also projected a 6.5-percent GDP growth next year which , The post IMF turns bullish on PH appeared first on Inquirer Business.

  • Private sector as the reliable partner for economic recovery
    by besguerra on April 11, 2021 at 8:00 pm

    Even before the COVID-19 pandemic struck, Philippine companies, including the Ayala group, were already working on programs around the evolving, expanded role of private institutions in society. And that expanded role is to help address the pain points of the community at large, and of the nation even—not just of our shareholders—and to be more The post Private sector as the reliable partner for economic recovery appeared first on Inquirer Business.

  • Ipophl ties up with AVIA vs piracy
    by Jordeene B. Lagare on April 11, 2021 at 4:10 pm

    The Intellectual Property Office of the Philippines (Ipophl) has signed a non-binding accord with the Asia Video Industry Association (AVIA) to eliminate piracy in the country. The memorandum of understanding (MoU) signed by both parties will also “help the creative sector recover and realize its full potential as an economic driver,” said Ipophl in a

  • DOE net metering guidelines reviewed
    by Jordeene B. Lagare on April 11, 2021 at 4:09 pm

    The Department of Energy (DoE) is soliciting inputs from industry stakeholders on the draft guidebook on the net metering program. Net metering is a nonfiscal incentive provided under Republic Act 9513, or the “Renewable Energy Act of 2008,” which aims to promote the utilization of renewable energy (RE) in the Philippines. Under the scheme, an

  • Shakey’s shares up despite 2020 net loss
    by Faye Almazan on April 11, 2021 at 4:08 pm

    Despite reporting a net loss last year, the shares of Shakey’s Pizza Asia Ventures Inc. saw an almost 2-percent climb on a weekly basis. The shares of the listed chained full-service restaurant shed 3 centavos or 0.41 percent to close at P7.21 apiece on Thursday, but still managed to close with a 1.84-percent gain week-on-week,

  • 22.94 million shares for IMI’s 11-man board
    by Emeterio SD. Perez on April 11, 2021 at 4:07 pm

    Integrated Micro-Electronics Inc. (IMI) posted on the website of the Philippine Stock Exchange (PSE) its issuance of 22,940,132 direct and indirect common shares, or 1.04 percent of 2,217,293,215 outstanding common shares, to its 11-person board, according to the company’s public ownership report (POR) as of Dec. 31, 2020, which it also posted on the PSE

  • Climate change: The other crisis we can’t ignore
    by DIANE YAP on April 11, 2021 at 4:06 pm

    It is difficult to concern ourselves with the effects of climate change, observable and tangible as they are, when so many are struggling to find medical care for their loved ones during this resurgent coronavirus disease 2019 (Covid-19) pandemic. The challenge of our time is having to face two equally serious crises, both with tremendous

  • Debt swap pushed for green projects
    by The Manila Times on April 11, 2021 at 4:05 pm

    WASHINGTON, D.C.: The idea of forgiving debt held by poor countries in exchange for “green” investments gained ground this week during the spring meetings of the International Monetary Fund and World Bank, with concrete proposals expected in time for a global climate summit this fall. Low-income countries face a double crisis — they are under

  • Electric vehicle battery firms settle trade spat
    by Associated Press on April 11, 2021 at 4:04 pm

    WASHINGTON, D.C.: Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one of them to move ahead with plans to make batteries in Georgia, a person briefed on the matter says. LG Energy Solution and SK Innovation reached the settlement, ending the need for President Joe Biden

  • China hits Alibaba with record $2.78B fine for market abuses
    by Agence France-Presse on April 11, 2021 at 4:03 pm

    SHANGHAI: Chinese regulators hit e-commerce giant Alibaba with a record 18.2 billion yuan ($2.78 billion) fine on Saturday over practices deemed to be an abuse of the company’s dominant market position. Alibaba, the Jack Ma-founded Chinese e-commerce leader and one of the world’s most valuable companies, said it accepted the penalty and pledged to outline

  • China’s garment industry recovers
    by Xinhua on April 11, 2021 at 4:02 pm

    BEIJING: China’s garment industry reported continued recovery in the first two months of the year, official data showed. From January to February, major Chinese garment enterprises saw their combined output rise 38.4 percent from a year ago to 3.4 billion pieces, the Ministry of Industry and Information Technology said. During the period, the combined operating

  • Post-Covid era of hybrid work beckons in the United Kingdom
    by Agence France-Presse on April 11, 2021 at 4:01 pm

    NUNHEAD: Consultant Rachel Watson enjoys being based at her home that looks onto the London skyline but misses the office vibe. She will soon get the best of both worlds as Britain’s coronavirus lockdown eases. United Kingdom businesses are planning for a hybrid or flexible workplace, splitting time between home and offices when the latest

  • EDC allots P17 billion capex this year
    by Danessa Rivera on April 11, 2021 at 4:00 pm

    Lopez-led Energy Development Corp. is spending P17 billion this year to ensure long-term growth.

  • Philippines at risk of inclusion in FATF’s grey list
    by Lawrence Agcaoili on April 11, 2021 at 4:00 pm

    The Philippines is in danger of being included anew in the grey list of Paris-based dirty money watchdog Financial Action Task Force if it fails to enact the amendments to the country’s bank secrecy laws, according to the International Monetary Fund.

  • IMF urges BSP not to delay recognition of losses, restructuring of NPLs
    by Lawrence Agcaoili on April 11, 2021 at 4:00 pm

    A prompt loss recognition and non-performing loan restructuring may help Philippine banks prevent sharp deleveraging and recover faster from the pandemic-induced recession, according to the International Monetary Fund.

  • CREATE
    by Wilson Sy on April 11, 2021 at 4:00 pm

    Many countries around the world, including the Philippines, reverted back to lockdowns in order to arrest a new wave of coronavirus infections.

  • Build health infrastructure
    by Boo Chanco on April 11, 2021 at 4:00 pm

    The one major fault of our health system that COVID made deathly obvious is the inadequacy of our health infrastructure. We saw it in Metro Manila, where COVID patients have died in hospital driveways or tents because the emergency rooms and ICUs had no beds to spare.

  • Lorena’s oil
    by Iris Gonzales on April 11, 2021 at 4:00 pm

    This is a story about a little girl and it begins in the arms of her mother, three days after she was born.

  • 2020 IPP to remain transitional list
    by Louella Desiderio on April 11, 2021 at 4:00 pm

    The 2020 Investment Priorities Plan could serve as the transitional list of sectors to be promoted for investments and qualified for incentives while the Strategic Investment Priority Plan is being crafted under the Corporate Recovery and Tax Incentives for Enterprises law, the Board of Investments said.

  • IMF, World Bank begin push to swap debt relief for green projects
    by besguerra on April 11, 2021 at 12:00 pm

    WASHINGTON — The idea of forgiving debt held by poor countries in exchange for “green” investments gained ground this week during the spring meetings of the IMF and World Bank, with concrete proposals expected in time for a global climate summit this fall. Low-income countries face a double crisis — they are under pressure to The post IMF, World Bank begin push to swap debt relief for green projects appeared first on Inquirer Business.

  • Small PH enterprises win a lifeline
    by clopez on April 10, 2021 at 9:20 pm

    It may take not just a village but collective institutional action to help local micro, small and medium enterprises (MSMEs) and microfinance institutions (MFIs) overcome unprecedented challenges arising from the COVID-19 pandemic. One silver lining is the growing digital connectivity that is helping more of these small players adapt to the “next” normal. This is The post Small PH enterprises win a lifeline appeared first on Inquirer Business.

  • Finding hope at 11th Earth
    by clopez on April 10, 2021 at 9:15 pm

    After working at a finance desk job for 17 years in California, Camarines Sur native Jesette Fortuno decided to go back to the Philippines to find her passion. She went back to her hometown without a blueprint in mind but saw an opportunity to lift the province she grew up in. A year into searching The post Finding hope at 11th Earth appeared first on Inquirer Business.

  • Scorched–but not by the Manila heat
    by clopez on April 10, 2021 at 9:10 pm

    As we stay home and/or work from home, we can’t help but miss restaurant food. Sure, nothing can beat home-cooked food, but once in a while—or maybe several times a week—we still crave food that we can’t exactly replicate at home. Like smoked ribs. That is why I was so happy when my friend, let’s The post Scorched–but not by the Manila heat appeared first on Inquirer Business.

  • Megacities and the story of our future
    by clopez on April 10, 2021 at 6:03 pm

    Sometimes it gets awfully confusing trying to figure out how to describe or define Manila. As we get well into the third decade of this millennium however, it is becoming evident that we are entering an age of megacities or urban regions. While the cities of our world have defined the story of humanity over The post Megacities and the story of our future appeared first on Inquirer Business.

  • The Glaston Tower: My kind of workspace
    by clopez on April 10, 2021 at 5:57 pm

    It’s been more than a year into the pandemic and by this time, we all know how important it is to prioritize our health and well-being in this new normal. Even businesses will need to step up to make sure their employees are working in modern, healthy, and safe workspaces. So what kind of workspace The post The Glaston Tower: My kind of workspace appeared first on Inquirer Business.

  • How to set up a healing vacation haven
    by clopez on April 10, 2021 at 5:51 pm

    The battered tourism industry can pivot to a different business model. Countryside farm and accommodation enterprises, for example, can be transformed into a wellness oasis to address the growing demand for a healthy lifestyle. For 23 years, Sonya’s Garden has always been a refuge for weary souls and travelers seeking to feel good. We have The post How to set up a healing vacation haven appeared first on Inquirer Business.

  • Understanding testamentary succession
    by clopez on April 10, 2021 at 5:38 pm

    (Last of two parts) Every disposition in favor of an unknown person shall be void, unless by some event or circumstance his identity becomes certain. But, a disposition in favor of a definite class or group of persons shall be valid. Instituted heirs shall inherit in equal parts if their shares were not designated in The post Understanding testamentary succession appeared first on Inquirer Business.

  • Seeing homes in a different light
    by clopez on April 10, 2021 at 5:35 pm

    “Back to normal” won’t apply to humankind when it finally beats COVID-19. While we hurriedly innovated as a matter of necessity, we now know that many of our solutions to pandemic woes actually improve life in the long term and present big leaps into the future. One place that adjusted to novel demands overnight is The post Seeing homes in a different light appeared first on Inquirer Business.

  • Hidden figures: Harnessing the potential of your in-house design team
    by clopez on April 10, 2021 at 5:20 pm

    The COVID-19 pandemic continues to challenge businesses and the property sector hasn’t been spared. Increased uncertainty and the possibility of a protracted economic crisis have put even the largest property developers on a cautious mode, pulling projects back, shifting priorities and pivoting towards lower-risk projects. Operational shifts have also been observed, such as relying more The post Hidden figures: Harnessing the potential of your in-house design team appeared first on Inquirer […]

  • Keeping your family safe and sane
    by clopez on April 10, 2021 at 4:00 pm

    We thought we were already nearing the finish line to this pandemic. As it turns out, the virus has other plans. These past weeks, amid the intensely alarming rise in COVID-19 cases and even deaths, we are once again uneasy to venture out of the house and even more fearful for the safety of our The post Keeping your family safe and sane appeared first on Inquirer Business.