MANILA – Micro and small enterprises that are having difficulty in giving the 13th-month pay of their employees can apply for a government loan, Department of Labor and Employment (DOLE) Secretary Silvestre Bello III said in a statement on Sunday.... Read full article
MANILA – The Small Business Corp. (SBCorp) said some 8,000 micro and small enterprises are eligible to tap its interest-free 13th Month Pay Loan Facility.... Read full article
MANILA – Key government officials reiterated their support for the growth of the shrimp industry, one of the major aquaculture commodities in the country, during the virtual 13th Philippine Shrimp Congress.... Read full article
MANILA – The Financial Executives Institute of the Philippines (FINEX) has dubbed as “a feat” the economy’s third-quarter performance.... Read full article
MANILA – Upticks in global oil prices are seen as major upside risk to the Philippines’ October 2021 inflation rate, which Bangko Sentral ng Pilipinas (BSP) forecasts to stay between 4.5 to 5.3 percent.... Read full article
MANILA – The Government Service Insurance System (GSIS) is urging government agencies to pay unremitted premium contributions to avail of penalty condonation.... Read full article
MANILA – Lower-than-expected domestic inflation last September partly lifted the Philippine Stock Exchange index (PSE) while the peso kept its footing against the US dollar.... Read full article
MANILA – The Bangko Sentral ng Pilipinas (BSP) continues to have ample monetary policy space and believes that the current accommodative policy settings represent appropriate stimulus to demand. ... Read full article
MANILA – National government revenues for January to July 2021 rose by 3.6 percent to PHP1.75 trillion from PHP1.69 trillion in the same period in 2020.... Read full article