More inflation easing seen after supply chains are smoothed out

THE steady flow of goods should be sustained to keep inflation on its downward trend even with the enhanced community quarantine (ECQ) remaining in force for Metro Manila and other high-risk areas, according to an economic bulletin by the Department of Finance (DoF).

PSALM extends grace period for bill payments in areas under ECQ

THE Power Sector Assets and Liabilities Management Corporation (PSALM) has extended the deadline for dues and obligations owed by its power customers, as well as Universal Charges collecting entities and independent power producer administrators (IPPAs), operating in areas where the enhanced community quarantine (ECQ) is in force.

Missing tourists in top destinations Bangkok and Paris point to global collapse in wheat...

SINGAPORE/BANGKOK/PARIS -- In Bangkok’s usually bustling Sukhumvit district the coronavirus pandemic has decimated the tourist trade at the restaurant Permruedee Labnongsaeng owns, cutting daily sales to 5% of normal.

Chile’s top copper miners boost production in March

SANTIAGO -- Chile’s top copper mines ramped up production in March even as the coronavirus outbreak took hold, according to data released on Thursday by state copper agency Cochilco, boosted by a sharp spike in output from state miner Codelco.

Strengthening today’s supply chains for tomorrow

By Maria Kathrina S. Macaisa
Ever since the World Health Organization (WHO) declared the global COVID-19 outbreak a pandemic on March 11, nearly every country has been hard-pressed to contain the spread of the coronavirus.

Pressure mounts for businesses to resume at least digital operations

All businesses, including those classified as non-essential, should be allowed to resume operations even if only via online platforms, the former head of the Philippine Retailers Association (PRA) said.

Southeast Asian COVID-19 measures at $243-B

SOUTHEAST Asian countries have rolled out$242.995 billion worth of measures in response to the coronavirus disease 2019 (COVID-19) outbreak, according to the Asian Development Bank (ADB).

POGOs required to obtain tax clearances before resuming operationa

PHILIPPINE Offshore Gaming Operators (POGOs) and service providers will be required to secure tax clearances from the Bureau of Internal Revenue (BIR) and settle all liabilities before will be permitted to resume operations, The Department of Finance said.

LGUs to take on bigger role in food security plan

THE food security framework adopted by the government will seek to expand the role of local governments in food logistics and distribution, the Department of Agriculture (DA) said.

Economic team proposes P131-B in relief measures

THE government’s economic managers proposed to Congress on Thursday P131 billion in new programs to help the vulnerable members of the population deal with the coronavirus disease 2019 (COVID-19) emergency.

NTC seeks amendments to allow broadcast operations during franchise renewal

NATIONAL Telecommunications Commission (NTC) Deputy Commissioner Edgardo V. Cabarios said the lesson the Commission learned from dealing with the franchise issue of ABS-CBN Corp. is that the Act No. 3846 or the Radio Control Law that it cited in its cease-and-desist order against the broadcaster needs to be updated to allow operations pending the franchise renewal process.

NAIA revenue foregone due to ECQ tops P1 billion

ESTIMATED revenue foregone by the Ninoy International Airport (NAIA) due to travel restrictions imposed under the enhanced community quarantine (ECQ) topped P1 billion at the end of April, the Manila International Airport Authority (MIAA) said.