Vietnam-sized outbreak seen as ASF worst-case scenario
THE “worst-case scenario” for the Philippines’ African Swine Fever (ASF) outbreak is one as serious as Vietnam’s, which has crippled that country’s livestock industry, analysts said.
BSP: Economy may shrink by 0.2%
THE Philippine economy would probably shrink by 0.2% this year, central bank Governor Benjamin E. Diokno said at the weekend, a day after President Rodrigo R. Duterte again extended the lockdown for Metro Manila by two more weeks to contain a novel coronavirus pandemic.
Peso strengthens on Fed rate-cut prospect
THE PESO rallied against the dollar on Wednesday amid market expectations of another rate cut by the US Federal Reserve, whose members were set to decide on policy hours later.
Clark airport sees 63% jump in passenger traffic
CLARK International Airport saw a 63% surge in passenger traffic in the first half of the year, according to its operator.
Affected homeowners appeal to DoTr to reconsider railway system alignment
DAVAO CITY — “Please don’t disrupt our lives,” was the plea made by Paulina C. Pestaño on behalf of the 1,600 lot owners at South Pacific Golf and Leisure Estates Homeowners Association. The high-end subdivision developed by Sta. Lucia Realty, which is also home to an 18-hole par-72 golf course worth P500 million, is one of several areas that will be affected by the alignment of the Mindanao Railway System (MRS) Tagum-Davao-Digos (TDD) segment.
2 groups submit bids for Clark airport O&M
AIRPORT operators from Singapore and Indonesia have teamed up with local companies to submit on Friday competing bids for the Clark International Airport operations and maintenance (O&M) contract.
Companies lose P700B on lockdown
BUSINESSES have suffered about P700 billion in revenue losses so far as strict lockdown measures to contain the spread of the coronavirus disease 2019 (COVID-19) forced companies to halt operations since mid-March, the National Economic and Development Authority (NEDA) said on Thursday.
PSEi declines anew on profit taking, lack of leads
LOCAL SHARES failed to keep their momentum on Wednesday as profit takers swarmed the market due to the lack of a strong catalyst.
NAIA rehab revised concession agreement expected this week
THE Department of Transportation (DoTr) expects to receive this week the revised concession terms for the proposal to rehabilitate the Ninoy Aquino International Airport (NAIA) from the consortium of seven conglomerates.
PSE index slumps on worries over coronavirus
THE MAIN INDEX slumped on Monday on rising investor worries across the globe over the coronavirus disease 2019 (COVID-19) outbreak.
Digital service tax could generate P29B in revenues
IMPOSING taxes on digital services may raise about P29 billion in annual revenues for the government, a congressman said on Tuesday.
Cathay Dragon looks to increase HK-Davao flights
DAVAO CITY — Cathay Dragon, which currently serves the Davao-Hong Kong (HK) route four times a week, is looking at an increase to daily flights, noting the good load factor since its launch in October 2018.