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Business priorities to consider when recovering from Covid-19 crisis

There is no doubt the coronavirus disease 2019 (Covid-19) has changed the world. For many business executives, the toughest leadership test posed by this global health crisis is how to deal with it and its aftermath. For business leaders in the Philippines, the actions they take now and in the coming weeks — especially when […].....»»

Category: newsSource: manilatimes_net manilatimes_netMay 23rd, 2020

Cebu biz groups: PBB is our passport to new normal

CEBU CITY, Philippines — Business groups in Cebu are calling for ’understanding, compassion, and solidarity’ amid the coronavirus disease 2019 (COVID-19) crisis while renewing their support of the Project Balik Buhay (PBB). This was the message of a joint statement from the Cebu Chamber of Commerce and Industry, Mandaue Chamber of Commerce and Industry, Philippine […] The post Cebu biz groups: PBB is our passport to new normal appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsMay 17th, 2020

Ayala Corp.& rsquo;s profit fell 17% to P6.7b in Q1

Conglomerate Ayala Corp. said first-quarter net income declined by 17 percent in the first quarter to P6.7 billion from a year ago, as the COVID-19 health crisis affected the performance of most business units......»»

Category: financeSource:  thestandardRelated NewsMay 13th, 2020

Agri-Based Firms Go Digital, Diversify Amid Covid-19 Crisis

The Department of Trade and Industry (DTI), through the initiative of its Regional Operations Group (ROG), is assisting the micro, small, and medium enterprises (MSMEs) to adapt new business concepts and get past the so-called old “brick and mortar” mindset in order to survive the coronavirus disease 2019 (Covid-19). DTI Assistant Regional Director Maria Elena […].....»»

Category: newsSource:  metrocebuRelated NewsMay 13th, 2020

EDITORIAL - No room for complacency

With employers, workers, daily wage earners and now even local government executives groaning from the economic devastation unleashed by the coronavirus disease 2019 pandemic, it looks like the country’s most densely populated region – the epicenter of the COVID-19 crisis – will soon have to start reopening for business......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2020

Business Sector Urged to Back ‘Balik Probinsya’ Program

Senator Christopher Lawrence “Bong” Go on Friday appealed to businesses and investors to support his proposed “Balik Probinsya” program which primarily aims to mitigate and resolve long-standing issues in urban areas, especially Metro Manila, spurring rural development after the coronavirus disease (Covid-19) crisis is over. “Sa mga negosyante po, sana ay magbukas kayo ng mga […].....»»

Category: newsSource:  metrocebuRelated NewsApr 25th, 2020

How to sustain a business during COVID-19 crisis

How to sustain a business during COVID-19 crisis.....»»

Category: financeSource:  bworldonlineRelated NewsApr 22nd, 2020

Companies badly hit by virus crisis needs govt support

The German-Philippine Chamber of Commerce and Industry (GPCCI – AHK Philippinen) said its member-companies are badly hit by the coronavirus disease 2019 (Covid-19) crisis and are urgently in need of government support. Results of the AHK World Business Outlook (AHK WBO) survey conducted by the GPCCI-AHK Philippinen showed that Philippine-German business relations “strongly feel the […].....»»

Category: newsSource:  manilatimes_netRelated NewsApr 22nd, 2020

Project Ugnayan umayuda sa 7.6-M mahihirap

UMABOT na sa 7.6 milyon ang naging benepisaryo o naayudahang mahihirap na pamilya ng Project Ugnayan, isang inisyatibong fund-raising na itinatag ng mga kilalang business groups sa kooperasyon ng  Philippine Disaster Resilience Foundation (PDRF) upang makatulong sa gobyerno sa COVID-19 crisis sa bansa. “As we close, we wish to reiterate our wholehearted thanks to all ........»»

Category: filipinoSource:  hatawtabloidRelated NewsApr 15th, 2020

DDO Online Palengke to spur local economy amid COVID-19 crisis

DAVAO DE ORO, April 13 (PIA) - With most of the local shops closed, the provincial government of Davao de Oro established a Facebook-based marketplace dubbed as 'Online Palengke', where business en.....»»

Category: newsSource:  philippinetimesRelated NewsApr 15th, 2020

Coronavirus outbreak darkens business confidence in Q1 — BSP survey

Business confidence turned sour in the first three months of the year as fears over the economic damage from the coronavirus disease 2019 (COVID-19) outbreak deepen just when businesses were recovering from the Taal volcano eruption last January, a central bank survey showed on Wednesday......»»

Category: financeSource:  philstarRelated NewsApr 9th, 2020

NEA backs indefinite extension to settle EC power bills amid COVID-19 crisis

The National Electrification Administration (NEA) endorsed the appeal of electric cooperatives (ECs) to extend the deadline of their payment of dues and remittances to power generation and transmission companies indefinitely, or until the state of their business operations normalizes......»»

Category: financeSource:  thestandardRelated NewsApr 8th, 2020

New policy choice: Dollars vs. deaths?

The global war against the coronavirus (COVID-19) has created a monumental dilemma for the economic policymakers of the countries infected by the virus. The dilemma stems from the fact that the Covid-19 crisis has two elements: a medical/health element and an economic element. The medical/health element is the pandemic that is raging across over 100 countries on five continents, leaving over 700,000 infection cases and close to 50,000 deaths in its wake. The economic element is the virtual shutdown of the world economy, with thousands of business enterprises having to stop operating and millions of workers having lost their jobs......»»

Category: newsSource:  thestandardRelated NewsApr 4th, 2020

Globe calls for heightened vigilance of businesses amid cybersecurity threats during COVID-19 crisis

Working from home entails employees to use their own devices outside office premises which in turn, can lead to unauthorized access to confidential company data and business operating systems......»»

Category: techSource:  thestandardRelated NewsApr 3rd, 2020

Business continuity at comfort of one& rsquo;s home

It has been a week since the government officially announced a community quarantine in all of Luzon due to COVID-19. People are instructed to stay inside their homes in hopes to control the virus transmission and prevent the numbers from increasing. This change might be sudden, but it is undeniable that the economy is already experiencing drastic repercussions due to this global crisis.  .....»»

Category: techSource:  thestandardRelated NewsMar 30th, 2020

Filipino Homes’ Anthony Leuterio to share effective business strategies via VirtualPreneur Summit

With the ongoing fight against coronavirus disease 2019 (COVID-19), a lot of businesses were urged to close until further notice. Filipino Homes president and founder Anthony Gerard Leuterio, suggests businessmen to take advantage of the crisis by coming up with new ideas and strategies. According to Leuterio, they still cannot estimate the impact of the […] The post Filipino Homes’ Anthony Leuterio to share effective business strategies via VirtualPreneur Summit appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsMar 27th, 2020

Biz groups want limits to Duterte s special powers to address COVID-19 outbreak

Business groups on Monday threw their support behind moves to grant President Rodrigo Duterte special powers to fight the coronavirus pandemic and soften the economic blow of the health crisis, but stressed that such powers must have limits......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2020

Aboitiz companies give assistance to clients, customers

The Aboitiz Group said its business units are extending assistance to clients and customers to cope with the Covid-19 crisis and ensure delivery of service......»»

Category: financeSource:  thestandardRelated NewsMar 22nd, 2020

Palace seeks emergency powers for Duterte during COVID-19 crisis

As first reported by ABS-CBN, the unnumbered bill proposed by the Palace, touted the Bayanihan Act of 2020, grants the Chief Executive the power to take over the operations of any privately-owned public utility or business affected with public interest......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2020

Business response to crisis lauded

The Office of the President (OP) thanked several more businesses for their contributions in the fight to contain the spread of the coronavirus disease 2019 (COVID-19) in the country. Chief presidential Legal Counsel and spokesman Salvador Panelo, said apart from the ones they have previously mentioned in a statement, Malacañang also acknowledged Golden Arches Development […] The post Business response to crisis lauded appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsMar 21st, 2020

Proposed 2021 budget set at P4.335 trillion

The Department of Budget and Management is proposing a P4.335 trillion cash-based budget for next year, with the government set to realign its priorities in light of the “new normal” environment brought about by the coronavirus disease 2019 or COVID-19 pandemic......»»

Category: financeSource:  philstarRelated News53 min. ago