Business

While we all wait for Enchanted Kingdom’s big re-opening after it temporarily closed its gates to the public a few months ago due to COVID-19, thrill seekers can still enjoy the Park amidst the pandemic. Your favorite adventure destination is bringing magic and delights right to your home.

The Bloomberry Cultural Foundation Inc (BCFI) and the Ayala Group’s healthcare unit, Ayala Healthcare Holdings, Inc. (AC Health), have partnered with the Tropical Disease Foundation (TDF) to add to the country’s COVID-19 testing capacity.

Supply Chain managers have long been familiar with managing the fluctuations in supply and demand to minimize risks. The arrival of COVID-19, however, has created unprecedented challenges not only on supply chains’ key performance indicators but also on people’s lives and the foundation of global and national economies.

Leading cement manufacturer Holcim Philippines, Inc. said innovative building solutions can help contractors keep workers safe and catch up to deadlines as construction activity picks up with the easing of restricted activities in COVID-19 quarantine areas.

The current COVID-19 pandemic proves to be the biggest test on how today’s flexible working practices enable employees to stay productive while working remotely. Cybercriminals, however, are making it clear that they are not taking any time off as cyberattacks continue to rise, targeting individuals and organizations alike.

Leading economist Dr. Bernardo Villegas said that the Philippines will be one of the countries that can recover faster from the impact of the pandemic, citing the health sector as an area for growth.

Year-on-year headline inflation eased to 2.1 percent in May from 2.2 percent in the previous month and was within the BSP’s expected range of 1.9-2.7 percent for the month. The resulting year-to-date average inflation rate of 2.5 percent was within the Government’s target range of 3.0 percent ± 1.0 percentage point for the year. Meanwhile, core inflation—which excludes selected volatile food and energy items to measure underlying price …

A tax on digital transactions is seriously being considered following a legislative proposal for government to work on it.

To attract investors under the new normal, the Finance Department is studying to “tailor-fit” tax and non-tax incentives, according to Finance Secretary Carlos Dominguez III.

Government losses could reach P667 billion between 2020 and 2027 due to the reduction in corporate income tax (CIT), according to the Department of Finance (DoF).