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Taiwan’s New Kinpo to make ventilators, face masks locally

Taiwan’s New Kinpo Group will produce 1,000 ventilators and 2.5 million face masks in the Philippines to support the country’s efforts to contain the...

DTI extends rent grace period following extension of ECQ

THE Department of Trade and Industry (DTI) said the rent deferment grace period for commercial and residential tenants in force during the original enhanced...

Outlook slashed for Asia-Pacific growth on pandemic, US-China tensions

DISRUPTIONS brought about by the coronavirus disease 2019 (COVID-19) and lingering trade tensions will weigh on economic growth in Asia and the Pacific, according...

Nationwide Round-up

Duterte staying in Manila during Holy Week holiday PRESIDENT RODRIGO R. Duterte is staying in Malacañang and attending to duties during the coming long weekend...

Retailers seen largely complying with price freeze

RETAILERS have been broadly complying with price freeze orders imposed during the enhanced community quarantine, President Rodrigo R. Duterte said in his second weekly...

Luzon-wide lockdown extended until end-April

By Jenina P. Ibañez and Luz Wendy T. Noble, Reporters THE Philippine government on Tuesday announced the extension of the lockdown on Luzon island until...

Garment industry making PPEs for use by PGH

THE garment industry has been tapped to produce coveralls for health care workers dealing with the coronavirus disease 2019 (COVID-19) amid a global shortage...

Supply-chain professionals want role in improving gov’t logistics plan

AN extended lockdown will provide an opportunity to smooth out the logistics snags encountered during the first 30 days of enhanced community quarantine (ECQ),...

Landlords cannot evict tenants amid coronavirus crisis — DTI

LANDLORDS and lessors are not allowed to evict their tenants, particularly small businesses, who are unable to pay either residential or commercial rent within...

Food companies have 7 days to remove cargo from ports

CARGO owners, which include major food companies, now have seven days to withdraw reefers from Manila's congested ports before these are forfeited in favor...

‘Overstaying’ cargoes face forfeiture by gov’t

THE government is ordering cargo owners to remove their “overstaying” container vans from the congested Manila ports within five to seven days or these may be forfeited.

Advisory firm tapped for PGH branch project

THE GOVERNMENT partnered with Isla Lipana & Co./PwC Philippines for transaction advisory services as it constructs a Philippine General Hospital (PGH) branch at the Diliman campus of the University of the Philippines.

PHL WiFi use increases in March

WIFI USE in the country rose consistently in March, registering Asia’s largest increase in internet use by the third week, a global mobile analytics company said.

Gov’t urged to throw lifeline to MSMEs

FINANCIAL support for micro, small and medium enterprises (MSMEs) should be a government priority, especially after the enhanced community quarantine (ECQ) is lifted or modified, several business groups said.

Anti-red tape body wants e-payments for gov’t cash aid

THE Anti-Red Tape Authority wants electronic payments for cash aid under the government’s P200-billion program to support the poor affected by a Luzon-wide lockdown to contain a coronavirus pandemic that has brought the economy to a standstill.

Gradual lifting of ECQ eyed

THE LIFTING of the enhanced community quarantine (ECQ) in Luzon in mid-April would be gradual, Trade Secretary Ramon M. Lopez said on Wednesday.

Honda names new president

HONDA CARS Philippines Inc. (HCPI) announced its new president Masahiko Nakamura, who officially leads the Philippine automobile unit of the Japanese company on April 1.

Local startups seek gov’t, private sector support

STARTUP COMPANIES are looking for government and private sector support as they deal with the effects of the Luzon enhanced community quarantine (ECQ).

Nationwide round-up

THE ADMINISTRATION’S economic team is in favor of mass testing to contain the spread of the coronavirus disease 2019 (COVID-19) in the country and minimize the outbreak’s harm to the economy.

PCC clears Synergy acquisition of entities owning NGCP

THE PHILIPPINE Competition Commission (PCC) has approved the Synergy Grid & Development Phils. Inc. acquisitions of shares in electricity holding companies OneTaipan Holdings, Inc. (OneTaipan) and Pacifica21 Holdings, Inc. (Pacifica21).

SEIPI seeking clarity on logistics curbs

ELECTRONICS EXPORTERS asked for movement restrictions on people and cargo to be eased, with companies also starting to plan to move some production out of the Philippines until the logistics situation clears up.

Exporters unable to move goods close shop amid lockdown

SOME exporters have temporarily stopped operations after struggling to move goods and house employees amid a Luzon-wide lockdown.

Competition regulator approves Lotte Chilsung acquisition of Pepsi-Cola PHL

THE Philippine Competition Commission (PCC) has approved South Korea’s Lotte Chilsung Beverage Co. Ltd.’s acquisition of more than 57% of Pepsi-Cola Products Philippines Inc. (PCPPI).

Nationwide round-up

THE DEPARTMENT of Trade and Industry (DTI) urged supermarkets and pharmacies to adopt measures that will further ease the shopping process as well as improve health protection for senior citizens amid the COVID-19 outbreak.

PEZA seeks gov’t aid to house eco-zone workers

THE Philippine Economic Zone Authority (PEZA) is requesting assistance from the national and local governments in housing and transporting employees during the Luzon lockdown.

LGUs, agencies urged to cut red tape amid ECQ

GOVERNMENT AGENCIES, including local government units (LGUs), are being urged to simplify and streamline procedures and requirements as the country is under a state of national emergency due to the coronavirus disease 2019 (COVID-19) outbreak.

Foreign groups back steps vs virus

FOREIGN business groups are backing government measures to address the coronavirus disease 2019 (COVID-19) pandemic and support the economy.

Foreign business groups urge gov’t to address cargo delays amid ECQ

FOREIGN business groups are urging the government to ensure the unhampered transport of food and other essential products, amid reports that cargo trucks are still being stopped at checkpoints amid the Luzon-wide enhanced community quarantine (ECQ).

IPOPHL assessing lockdown impact on IP registration

THE Intellectual Property Office of the Philippines (IPOPHL) said it is watching filing activity closely during the month-long COVID-19 lockdown to assess whether it can sustain the pace of registrations.

SB Corp. putting up P1-billion lending facility for small firms

SMALL Business Corp. (SB Corp.) is setting up a P1-billion loan program for micro and small enterprises that have been affected by the enhanced community quarantine in Luzon.

Vehicle sales seen flat in 2020; autos considered ‘non-essential’

VEHICLE SALES in the Philippines are expected to be flat in 2020 as the enhanced community quarantine in Luzon shutters dealerships, Fitch Solutions Country Risk and Industry Research said in a downgrade of its previous estimate of 7.4% growth.

NPC warns of surge in fraud cases during lockdown

THE National Privacy Commission (NPC) is warning the public against a rise in online fraud during the COVID-19 outbreak.

Supermarkets say goods delivery needs to improve

A SUPERMARKET association is calling for improved delivery of goods to retail outlets and organizations preparing relief goods amid the Luzon-wide enhanced community quarantine.

WTO index shows services slowing even before pandemic

SERVICES TRADE in the Philippines is expected to further slow as measures to stop the spread of COVID-19 (coronavirus disease 2019) halts tourism and impacts outsourcing.

Nationwide round-up

THE LEADERS of Kapa-Community Ministry International (KAPA) are facing a new arrest warrant, this time from the regional trial court (RTC) of Cagayan de Oro City on charges that are non-bailable.

Workers from exempt industries, cargoes may go through checkpoints — DTI

THE Department of Trade and Industry (DTI) said employees of companies allowed to remain in operation will be permitted through lockdown checkpoints, as will goods cargoes bound for factories.

Biz groups call for ‘maximum’ fiscal response vs coronavirus

MORE THAN 30 business groups urged Congress, in coordination with the Duterte administration, to approve the “maximum fiscal response” to shelter the Philippine economy from the impact of the coronavirus disease (COVID-19).

PEZA firms can choose to shut down due to COVID-19 disruptions

THE PHILIPPINE Economic Zone Authority (PEZA) said its registered companies can choose to stop operations amid the enhanced community quarantine in Luzon.

Toyota suspends operations

TOYOTA Motor Philippines Corp. (TMP), the largest automotive company in the country, has suspended its operations amid the Luzon-wide enhanced community quarantine.

BPO firms try to stay open after quarantine

BUSINESS process outsourcing (BPO) companies are racing to comply with requirements to remain operational under minimal workforce arrangements amid the enhanced community quarantine in Luzon.

DTI ensures free movement of cargo

THE Department of Trade and Industry (DTI) released its memorandum ensuring the free movement of cargo amid the enhanced community quarantine in Luzon.

Companies warned on virus patient’s privacy

THE National Privacy Commission (NPC) has warned companies against disclosing the identities of employees under investigation or confirmed positive for the new coronavirus disease 2019 (COVID-19).

Trouble in paradise: Foreign tourists gone amid coronavirus outbreak

STAND UP paddle board instructors on a stretch of beach on the world-famous Boracay island have not had a client for three days.

Duterte locks down Luzon

PRESIDENT Rodrigo R. Duterte on Monday ordered the lockdown of the entire Luzon island to contain a rapid novel coronavirus outbreak, suspending work and public transportation and regulating food and health services, according to his spokesman.

Sta. Lucia to expand further in the provinces

STA. LUCIA Land Inc. (SLI) is eyeing further expansion in the countryside as rising land prices in Metro Manila encourage real estate companies to look outside the capital region.