Economy / Banking

Coronavirus turns Japan business mood negative for first time in 7 years

UNTV News   •   April 3, 2020

Japanese manufacturers turned pessimistic for the first time in seven years in the three months to March, the central bank’s “tankan” survey showed on Wednesday (April 1), as the coronavirus...

BSP eases ID requirements for select bank transactions amid ECQ

Robie de Guzman   •   April 1, 2020

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Wednesday said it has relaxed the requirement for the presentation of a valid identification document (ID) for customer boarding and...

Finance Dep’t. issues rules on 30-day extension for loan payments due within Luzon quarantine

Robie de Guzman   •   April 1, 2020

MANILA, Philippines – The Department of Finance (DOF) on Wednesday, April 1 issued the implementing rules and regulations (IRR) for the mandated 30-day grace period for the payment of all...

PH privacy commission warns public vs online fraud, scams amid COVID-19 scare

Robie de Guzman   •   March 24, 2020

MANILA, Philippines – The National Privacy Commission (NPC) on Tuesday warned the public against online scammers using the novel coronavirus disease (COVID-19) scare to exploit and steal money and personal...

Demand ng online English tutors sa Pilipinas, tumaas

UNTV News   •   March 23, 2020

Tumaas ang demand sa mga online English tutor sa bansa bunsod ng pagsasara ng maraming paaralan dahil sa coronavirus disease pandemic. Ayon sa online learning platform na 51Talk, simula pa...

DOLE readies aid for 250,000 workers affected by COVID-19 quarantine

Robie de Guzman   •   March 18, 2020

MANILA, Philippines – The Department of Labor and Employment (DOLE) on Tuesday said it is rolling out financial assistance program for workers affected by the enhanced community quarantine being enforced...

BSP urges public: ‘Keep calm, use digital banking’ amid COVID-19 threat

Robie de Guzman   •   March 15, 2020

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Saturday urged the public to use e-banking and digital payment services amid the threat of novel coronavirus disease (COVID-19) in...

U.S. stocks suffer worst one-day plunge in decades as coronavirus fears intensify

UNTV News   •   March 13, 2020

U.S. stocks suffered its worst one-day plunge in decades on Thursday as panic sell-off accelerated amid intensified fears over the COVID-19 pandemic. The Dow Jones Industrial Average sank 2,352.60 points,...

SSS ready to aid workers in case of virus-induced firm layoffs, closures

Robie de Guzman   •   March 12, 2020

MANILA, Philippines – The Social Security System (SSS) is ready to pay benefits to workers who may lose their jobs due to possible layoffs in, or closures of, private companies...

Trump announces new economic measures amid coronavirus pandemic

UNTV News   •   March 12, 2020

U.S. President Donald Trump announced on Wednesday (March 11) the United States will implement additional economic actions to combat the coronavirus pandemic. “Effective immediately, the SBA (Small Business Administration) will...

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