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7 ways to help struggling businesses affected by lockdown

Barbie Salvador-Muhlach
Posted at Mar 29 11:50 AM

With many businesses forced to lock down, many small to medium enterprises are struggling to stay afloat.  Read more »

Business Mentor: Entrepreneurial crossroads, finding the right path

Armando Bartolome
Posted at Mar 28 10:41 AM

Entrepreneurship is never a straight and wide road, and sometimes, it does not lead you in the direction that you want to go. Read more »

Ninoy slay prober Bienvenido Tan dies at 96

Gerry Lirio, ABS-CBN News
Posted at Mar 27 09:42 PM

Bienvenido Tan Jr., the tax chief of the late President Corazon Aquino, died on Friday, according to family and friends. He was 96.    Read more »

G20 leaders pledge $5 trillion in 'united' response to coronavirus crisis

Anuj Chopra, Agence France-Presse
Updated as of Mar 27 08:29 AM

G20 nations pledged a "united front" Thursday in the fight against coronavirus, saying they were injecting $5 trillion into the global economy to counter the pandemic amid forecasts of a deep recession. Read more »

Merkel says Germany opposes 'coronabonds' in virus crisis

ABS-CBN News
Updated as of Mar 27 08:34 AM

Germany remains opposed to the idea of so-called "corona bonds" that would pool the debt of the 19 eurozone countries in response to the coronavirus crisis, Chancellor Angela Merkel said Thursday. Read more »

Voter's ID unnecessary for disinfection jobs during lockdown: labor dept

ABS-CBN News
Posted at Mar 26 02:04 PM

Daily wage earners who want to make a living during the monthlong lockdown of Luzon do not need a voter's ID to apply to join a government disinfection drive against the coronavirus epidemic, the labor department said Thursday.    Read more »

Some employers refuse to get P5,000 lockdown aid for workers: labor dept

ABS-CBN News
Updated as of Mar 26 01:23 PM

 The labor department on Thursday said it received reports that some employers had refused to apply for a P5,000 government assistance for every worker hit by a Luzon-wide lockwide to contain the novel coronavirus.  Read more »

Jobs, business, liquidity: How the US is preparing for recession due to coronavirus

Neil Irwin, The New York Times
Posted at Mar 26 08:33 AM

One Federal Reserve official has said the unemployment rate could hit 30 percent, 3 times its level at the worst point of the 2008-09 Great Recession. And he has suggested that GDP could fall at a 50 percent annual rate next quarter, which would be 5 times worse than the worst single quarter on record. Economic forecasters at major banks differ in degree, not direction, of the disaster facing the US economy.   Read more »

Massive US economic rescue plan is only the start, experts say

Heather Scott, Agence France-Presse
Posted at Mar 26 07:25 AM

The US Congress is poised to push through an emergency spending measure unlike any ever seen to help ease the economic damage inflicted by the coronavirus pandemic, but analysts warn it is only a first step.   Read more »

Business groups unite for passage of 'constitutional' law to fight COVID-19

ABS-CBN News
Posted at Mar 23 06:38 PM

The measure should be constitutional “and not be overly broad and over-reaching," said at least 20 business organizations, including foreign business chambers. Read more »

BPOs given until March 20 to find staff lodging, make work-from-home setups

ABS-CBN News
Posted at Mar 18 04:24 PM

Business Process Outsourcing firms and other export-oriented companies will be allowed until March 20 to transfer equipment to their employees and set up work from home arrangements, Malacañang said on Wednesday.  Read more »

Australia declares emergency, warns coronavirus crisis could last 6 months

Swati Pandey and Colin Packham, Reuters
Posted at Mar 18 02:51 PM

Australian Prime Minister Scott Morrison on Wednesday declared a "human biosecurity emergency" and said the country's citizens should abandon all overseas travel because of the coronavirus epidemic that he warned could last at least 6 months. Read more »

LOOK: Empty Metro Manila streets due to Luzon lockdown

ABS-CBN News
Posted at Mar 17 09:14 PM

As COVID-19 cases in the country continue to rise, President Rodrigo Duterte announced an enhanced community quarantine in Luzon in efforts to arrest the spread of the virus which has so far claimed 12 lives and forced the entire country under a state of calamity.  Read more »

Quezon City extends deadline for local tax payments

ABS-CBN News
Posted at Mar 17 01:23 PM

Quezon City said it is extending the payment of local taxes due to the enhanced quarantine imposed over the whole of Luzon meant to check the spread of COVID-19. Read more »

Regulations imposed to prevent panic buying among consumers

ABS-CBN News
Posted at Mar 17 12:28 AM

Authorities imposed purchase regulations as the metro-wide quarantine triggers panic buying among consumers.  Read more »

PH shares suffer another bloodbath amid COVID-19 quarantine

ABS-CBN News
Posted at Mar 17 12:24 AM

It doesn't get any better here at home as the Philippine stock market suffered another bloodbath, on its first day of shortened trading hours.  Read more »

Go urges business leaders to help workers, small-time traders amid COVID-19

ABS-CBN News
Posted at Mar 16 05:35 AM

MANILA - Sen. Christopher "Bong" Go on Sunday said major business leaders and corporations should help ordinary workers and small-time merchants amid the ongoing travel restrictions throughout the Philippines due to the novel coronavirus (COVID-19). Read more »

Hanapbuhay ng bit players, stuntmen apektado ng community quarantine

ABS-CBN News
Posted at Mar 15 06:59 PM

Apektado ang mga bit player at stuntman sa tigil ng mga taping at shooting ng iba’t ibang Kapamilya shows. Read more »

Business Mentor: Inspiring young entrepreneurs

Armando Bartolome
Posted at Mar 14 09:38 AM

In my almost 30 years in this business, I was able to talk to many,  share my experiences and impart my knowledge, especially to those who are aspiring to become entrepreneurs. Read more »

Task force to review possible exemptions to Metro Manila travel ban

ABS-CBN News
Posted at Mar 14 03:27 AM

The Philippine government clarifies some of the implementing guidelines for the community quarantine of Metro Manila after the order triggers confusion and questions from the public.  Read more »