Businesses can’t afford another lockdown: ECCP

MANILA – It will be harder for businesses to survive and recover if the government will extend stringent community quarantine, European Chamber of Commerce of the...

Shell to convert Batangas refinery to world-class import terminal

MANILA – Pilipinas Shell Petroleum Corp. on Thursday disclosed that it will permanently shut down its oil refinery facility in Batangas and transform it into a world-class...

Rise of online shopping nationwide, not just from metro

MANILA – The increase of online shopping since the implementation of community quarantines to address the rise of coronavirus disease 2019 (Covid-19) cases cannot be attributed primarily...

Britain enters deepest recession on record due to pandemic

LONDON – Britain has officially entered into a recession, according to new figures published on Wednesday. The recession is its deepest since the start of record-keeping and...

Tesla Announces a Five-for-One Stock Split

PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) — Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock...

SMDC Gem Residences makes the C5-Pasig stretch sparkle

The future remains bright for the biggest residential developer in the country as it continues to introduce new developments in prime locations, launching its first of...

Deal to boost MSMEs enforcement of IP rights in e-commerce inked

MANILA – The Intellectual Property Office of the Philippines (IPOPHL) has signed its first partnership agreement with the British embassy in Manila to strengthen enforcement of intellectual...

PH develops, learns patterns to boost recovery: DOF chief

MANILA – Department of Finance (DOF) Secretary Carlos Dominguez III remains hopeful for the recovery of the Philippine economy even as possible vaccines against the coronavirus disease...

Peso strengthens to 48-level, stocks rise anew

MANILA – The peso closed at its more than three-year high to the 48-level against the US dollar Tuesday while the main equities index (PSEi) rose anew....

DTI prepares MSMEs to adopt e-commerce