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Makati gives cash aid to solo parents amid Luzon lockdown

ABS-CBN News
Posted at Mar 28 02:56 PM

The Makati City government said Saturday it would provide financial assistance to solo parents affected by the enhanced community quarantine imposed in Luzon due to the coronavirus disease 2019 (COVID-19) pandemic. Read more »

Pasig announces P55.5-million cash aid for city's public transport drivers amid COVID-19 lockdown

ABS-CBN News
Posted at Mar 26 08:05 PM

The Pasig City government said Thursday it would give financial support to 18,500 public transport drivers affected by the enhanced community quarantine due to the coronavirus disease 2019 (COVID-19) pandemic.   Read more »

THE DAY IN PHOTOS: March 25, 2020

ABS-CBN News
Posted at Mar 26 12:44 AM

Here are the big stories today in photos. Read more »

Private sector workers to receive P5,000 aid amid COVID-19 pandemic - DOLE

ABS-CBN News
Updated as of Mar 25 06:01 PM

The Department of Labor and Employment (DOLE) said Wednesday it would provide a lump-sum cash aid amounting to P5,000 to private sector workers affected by the coronavirus disease 2019 (COVID-19) pandemic.   Read more »

Waiting for remittance

Jimmy Domingo, ABS-CBN News
Posted at Mar 25 05:52 PM

People fall in line as they wait for a money remittance center to open in Sauyo, Quezon City on Wednesday, while the whole of Luzon island remains under enhanced community quarantine. Read more »

Indigent families not under CCT may still qualify for coronavirus cash aid: Go

ABS-CBN News
Updated as of Mar 25 03:18 PM

Poor families who are not under the government's conditional cash transfer program may still receive cash aid from the government during the coronavirus crisis as long as local government units identify them as indigent families, a senator said Wednesday. Read more »

Gov’t should give money to companies to retain, pay workers: business analyst

ABS-CBN News
Posted at Mar 24 06:15 PM

The government should ensure that companies do not lay off workers and keep paying them during the COVID-19 lockdown by channeling money through these firms, a business analyst said on Tuesday.  Read more »

Audit rules 'not waived' in Senate's COVID-19 special powers, cash aid bill: Drilon

Katrina Domingo, ABS-CBN News
Posted at Mar 24 04:31 PM

The executive branch will still be subjected to state auditing even if Congress has authorized President Rodrigo Duterte to realign funds to better respond to the coronavirus crisis, a Senate leader said Tuesday. Read more »

Coronavirus lockdown spurred 'huge jump' in online banking: RCBC

ABS-CBN News
Posted at Mar 24 03:23 PM

The number of online banking transactions climbed "exponentially" following the coronavirus lockdown in Luzon, an official of Rizal Commercial Banking Corp said on Tuesday.  Read more »

Social support key to Philippines' coronavirus lockdown success: economist

ABS-CBN News
Posted at Mar 24 01:14 PM

The Philippines needs to provide social support for the most vulnerable sectors to ensure the success of a lockdown aimed at preventing the spread of COVID-19, an economist said Tuesday. Read more »

Bangko Sentral frees up more money, cuts banks' reserve requirement

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

The 200 basis point RRR cut will take effect on March, 30, the BSP said in a statement.  Read more »

Ateneo economists bat for 'social protection' to dampen COVID-19 impact

ABS-CBN News
Posted at Mar 23 10:48 PM

Among their recommendations is doubling the unconditional cash transfers from P36.5 billion to P73 billion to provide support for the poor.  Read more »

Philippine banks to ensure cash supply in ATMs, branches during lockdown: BPI

ABS-CBN News
Updated as of Mar 19 09:59 PM

The challenge for Philippine banks with enough cash is bringing them to branches and ATMs during the 1-month Luzon lockdown, Bank of the Philippine Islands said Thursday. Read more »

LISTAHAN: Saan makakukuha ng cash aid, loan ang mga manggagawang apektado ng COVID-19?

Jaehwa Bernardo, ABS-CBN News
Updated as of Mar 20 03:30 PM

Sa gitna ng enhanced community quarantine na ipinatutupad sa Luzon bunsod ng banta ng pagkalat ng coronavirus disease (COVID-19), maraming negosyo ang nagpatupad ng temporary closure at may mga manggagawa ring nawalan ng mapagkakakitaan. Read more »

Luzon quarantine: Tricycle drivers sa Makati makatatanggap ng P2,000 paunang ayuda

ABS-CBN News
Updated as of Mar 19 10:20 PM

Makakatanggap ng P2,000 paunang cash assistance ang halos 6,000 tricycle drivers na nagtatrabaho sa Makati, anunsiyo ng lokal na pamahalaan ngayong Miyerkoles.  Read more »

ALAMIN: Paano makukuha ng displaced workers ang ayuda mula sa DOLE

ABS-CBN News
Posted at Mar 18 01:53 PM

Magbibigay ang gobyerno ng cash assistance para sa mga manggagawa sa pribadong sektor na apektado ng isang buwang lockdown sa Luzon bunsod ng coronavirus disease, ayon sa Department of Labor and Employment. Read more »

Entry, exit of large sums of cash allowed under PH law: Customs bureau

ABS-CBN News
Posted at Mar 04 11:44 AM

The Philippines allows travelers to bring in and out of the country large sums of cash as long as it is declared, the Bureau of Customs said Wednesday as lawmakers look into foreigners' alleged money laundering activities. Read more »

Gordon: Chinese money launderers have ‘connections’ in PH gov’t

ABS-CBN News
Updated as of Feb 29 10:45 PM

Gordon alleged that Chinese nationals had "money connections" in government, because they could supposedly bring large amounts of money into the country without being reported. Read more »

Cash incentives para sa mga senior citizen na edad 80 at 90, inihain sa Senado

ABS-CBN News
Posted at Feb 29 01:26 PM

Isinusulong ni Sen. Leila de Lima ang panukalang pagbibigay ng cash incentives sa mga senior citizen na aabot sa 80 at 90 taong gulang. Read more »

Hong Kong to give big cash handouts as economy reels from virus

Agence France-Presse
Posted at Feb 26 12:46 PM

Hong Kong's government on Wednesday said it will give a HK$10,000 ($1,280) handout to seven million permanent residents in a bid to jump-start a recession-hit economy now compounded by the coronavirus outbreak.   Read more »