More articles about: Money

While enhanced community quarantine is in effect to stop the spread of COVID-19, it has presented a number of challenges to the population—namely, transferring money to family members in the province. With everyone advised to stay home and countless shops and remittance ...

McDonald's Philippines is releasing a P500 million fund in response to the COVID-19 outbreak.The fund will provide assistance to McDonald's employees, as well as the community it serves. Restaurant crew and managers' salaries will be released for the period of the quarantine.An additional ...

Some of the nation’s largest conglomerates and other big corporations are putting together over P1.5 billion to fund the distribution of grocery vouchers to urban poor residents in and around Metro Manila.The collaboration of big business, in cooperation with the Philippine Disaster ...

Jollibee Foods Corporation (JFC) has announced that it will be establishing a P1 billion emergency fund for employees as financial support due to the COVID-19 outbreak. JFC chairman and founder Tony Tan Caktiong says the health crisis has challenged JFC in ways never seen before."In ...

The COVID-19 pandemic is affecting more than just public health—it’s also posing a threat to people’s very livelihoods as the virus’ biggest victim so far has been the economy. With enhanced community quarantine in place to stop the virus’ spread, businesses have ...

After days of continuously reminding people to settle their tax obligations amid the COVID-19 crisis, the BIR has finally cut some slack on hardworking taxpayers affected by the Enhanced Community Quarantine. Tax payments for 2019 can be filed up until May 15 without penalties. ...

After trading was suspended for two days, the Philippine Stock Exchange (PSEi) resumed activities today. At the start of trading, the PSEi recorded a 12.4-percent tumble, once again triggering a circuit breaker or a halt of activities. The decline reached 18 percent to ...

Necisto Sytengco, chairman and founder of SBS Philippines Corporation, passed away at the age of 65 on Tuesday, March 17.Sytengco headed SBS as its president from 2001 to 2016 and served as its chairman from 2015 until the time of his death. ...

Alliance Global Group, Inc. (AGI), holding firm of Megaworld tycoon Andrew Tan, has announced that it will be donating one million liters of 70 percent ethyl alcohol to the frontliners in urgent need of medical and disinfecting materials.With the average bottle of alcohol ...

Another business tycoon is joining the fight against COVID-19. Manny V. Pangilinan, chairman of Metro Pacific Investment Corporation (MPIC), announced that the MVP group will be donating 4,000 liters of alcohol from Roxas Holdings to hospitals in Metro Manila.The telco tycoon also ...

Over the last few days, big businesses have announced their efforts to help the country beat the COVID-19 pandemic. Following the likes of San Miguel Corporation, Ayala Corporation, and SM Group, JG Summit is the next big business to step up to ...

In support of the government’s Enhanced Community Quarantine, Ayala Malls took a stand and announced the temporary closure of all its Luzon malls effective March 17, 2020. While its Luzon malls will remain closed during the quarantine, some establishments within the malls will remain ...

The bayanihan of big businesses continues. After San Miguel announced it would be working nonstop to provide the country with food, and after SM announced it would be donating P100 million to Philippine General Hospital, Ayala Corporation is joining their ranks as it ...

San Miguel Corporation (SMC) is doing its part to prevent the spread of coronavirus by producing 70 percent ethyl alcohol in its own facility and working on distributing it for free.President and chief operating officer Ramon S. Ang said in a statement that the ...

The SM Group has announced it is allocating P100 million to support medical workers at government hospitals in their fight against COVID-19. “To ensure the safety of medical frontliners, SM is bringing in personal protective equipment (PPE) face masks, gowns, visors, hoods, gloves, ...

As the country grapples with the impact of COVID-19 and Metro Manila’s lockdown officially takes effect, San Miguel Corporation (SMC) is stepping up its social responsibility efforts. As one of the biggest producers and distributors of food, beverages, fuel, oil, infrastructure, and ...

The “community quarantine” officially began yesterday, on March 15, and we’re only really feeling its effects now. While consumers are witnessing the temporary closure of their favorite establishments, the business sector will be hit even harder as they forgo one month of ...

Suck at money? Congrats. You’re part of the 99 percent of people in their 20s floundering when it comes to finance. Adulting is hard, and money is harder—especially when it’s your own and not your parents. My Two Cents is here to break down ...

The Philippine Stock Exchange circuit breaker was triggered again this morning, at 9:35 a.m., after the market plunged by 10.43 percent. Trading resumed at 9:50 a.m., 15 minutes after trading was halted by PSEi. As of 10:00 a.m., the stock exchange is now ...

For the first time since October 27, 2008, the circuit breaker of the Philippines Stock Exchange was triggered at exactly 2:53 p.m. The PSEi had dropped 656.13 points by then, a 10.33 percent nose dive that halted trading for 15 minutes.After PSEi ...