Page 2 - தேசிய பொருளாளர் ரோசாலியா டி லியோன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Philippines raises €2 1B from euro-denominated global bond sale
gmanetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gmanetwork.com Daily Mail and Mail on Sunday newspapers.
Gov t sets record 2 1 billion euro borrowing – Manila Bulletin
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Treasury to launch online system for fidelity bond application
pia.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pia.gov.ph Daily Mail and Mail on Sunday newspapers.
₱10B bailout fund too small to revive ailing businesses, senators say
enablePagination: false
endIndex:
Metro Manila (CNN Philippines, March 17) Senators said the ₱10 billion bailout fund requested by the Department of Finance to save companies from going bankrupt during the COVID-19 pandemic is too small to make a dent in the economy.
A Senate body on Wednesday tackled the proposed Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery or GUIDE Act, another stimulus plan that will allow state-owned banks to invest in large firms in critical sectors like transportation––including airlines, retail trade, manufacturing, hotels and food service that face long-term cash flow issues after a year of lockdowns.
Published March 17, 2021 2:04pm By TED CORDERO, GMA News Senate Minority Leader Franklin Drilon raised alarm on Wednesday over the sincerity of the Duterte administration to help companies affected by COVID-19, stressing that the proposed P10-billion “rescue package” is a measly amount compared to the budget allocated for the government’s anti-insurgency drive. During the resumption of the Senate committee on banks and financial institutions’ discussion on the Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE), Drilon said the planned P10-billion allocation to be lent out to distressed strategically important companies (SICs) is “such a small amount. We do not know if this can help.”