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The Philippine government should have spent more of its budget in boosting the health sector as this would have minimized the impact of the COVID-19 pandemic on the economy, according to the Employers Confederation of the Philippines (ECOP).
The Philippine National Police (PNP) is set to deploy some 10,000 policemen to ensure that the uniform curfew hours in Metro Manila will be strictly implemented.
The following essential activities will be allowed to continue operations during curfew hours, as reported on GMA's "24 Oras Weekend."
Ayala Land to raise P10B from bond issuance Published March 14, 2021 6:02pm Ayala Land Inc. is raising up to P10 billion from the offer of fixed-rate bonds, mainly to finance maturing debt and general corporate requirements. The bonds will have a four-year term and will be issued in denominations of P50,000 each as a minimum and in multiples of P10,000 thereafter, and will be traded in denominations of P10,000 in the secondary market, according to its prospectus filed to the corporate regulator. ALI tapped BDO Capital & Investment Corp., BPI Capital Corp., China Bank Capital Corp., Eas...
Aboitiz Equity net income up 13% in Q4 Published March 8, 2021 7:09pm Aboitiz Equity Ventures Inc. posted a double-digit increase in its profits during the fourth quarter of 2020, but this was not enough to offset losses the company incurred earlier in the year due to the COVID-19 pandemic. In a regulatory filing, Aboitiz Equity said its net income rose by 13% to P7.1 billion in the last three months of 2020 versus the P6.3 billion the same period in 2019. Aboitiz Equity recognized non-recurring net losses of P472 million during the period versus the P671 million in non-recurring net g...