Overstaying cargo disposals generate over P138M in Q1
THE Bureau of Customs (BoC) said it generated P138.7 million from the disposal of 586 overstaying containers in the three months to March, part of an overall effort to decongest the ports.
Wellbeing programs increasingly highlighted in hiring process
GLOBAL ADVISORY firm Willis Tower Watson said over 80% of Philippine companies plan to use wellbeing programs to attract talent after identifying stress as a major employment issue during the coronavirus disease 2019 (COVID-19) pandemic.
Import ban partly lifted on Dutch deboned poultry meat
IMPORTS of mechanically deboned meat (MDM) from Dutch poultry have been allowed to resume if the region or origin in the Netherlands is free of highly pathogenic avian influenza (bird flu), the Department of Agriculture said.
ASEAN seen remaining major player in global supply network
ASEAN COUNTRIES are well-positioned to attract investment following shifts in global value chains (GVCs) in the wake of the coronavirus pandemic, economists said, citing the region’s growing middle class.
MSME recovery to be complex, may boost chances by digitizing
SMALL BUSINESSES are expected to better deal with post-pandemic challenges if they embrace digitization, according to a study conducted by a microfinance non-profit.
Manila fires off another protest against China
THE PHILIPPINES has filed another diplomatic protest against China over the presence of fishing boats, suspected to be manned by Chinese maritime militia, at a Philippine-claimed reef in the South China Sea.
CoronaVac approved for use by seniors amid supply issues
HEALTH authorities on Wednesday approved the use of CoronaVac, the vaccine made by China’s Sinovac Biotech Ltd., for the elderly amid global supply problems.
Inflation eases to 4.5% in March
INFLATION eased in March after five straight months of acceleration, as food prices increased at a slower pace, the government’s statistical agency reported on Tuesday.
Economic managers now see slower GDP growth this year
THE Philippine economy is expected to grow below the government’s target this year, according to economic managers, as the capital region and nearby provinces were placed under the strictest form of lockdown to curb the spike in coronavirus disease 2019 (COVID-19) cases.
Peso rebounds on decline in oil prices, inflation
THE PESO rebounded versus the greenback on Tuesday as oil prices fell while inflation eased.
Stocks climb as inflation eases slightly in March
PHILIPPINE shares closed higher on Tuesday as market sentiment improved following the release of data showing that headline inflation eased in March.
Palace asked to call special session to pass third stimulus
THE PRESIDENT has been urged to call Congress in from its break to pass a third stimulus bill that will distribute more aid to those affected by the renewed quarantine following a surge in coronavirus infections.