HomePage - TimeLine Layout • The Market Monitor

25 May

Del Rosario seeks to boost Philippine football

Anton del Rosario, a former Azkals standout, wants to improve the image of Philippine football through his AIA Philam 7s Football League.

25 May

Government to incur P667-B losses due to CIT rate cut

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).

25 May

JCPenney goes bankrupt

US department store chain JCPenney, which has not turned a profit since 2011 became the latest American retailer to be pushed into bankruptcy by the COVID-19 pandemic.

25 May

Bicycles as mode of transport for national athletes

Philippine Olympic Committee (POC) President Rep. Abraham “Bambol” Tolentino said they will lend out bicycles to national athletes who don’t have the means to travel to and from their training venues.

25 May

World’s major football league resume play

Germany’s Bundesliga is the first of Europe’s major football leagues to return to play amid the COVID-19 pandemic.

25 May

Bowling should be allowed during pandemic – Paeng

Bowling should be allowed to resume after quarantine protocols have been relaxed because bowling has virtually no physical contact and players have their own balls, according to Bowling Hall of Famer Paeng Nepomuceno.

25 May

Return of confidence in flying big challenge for airlines

Global airlines, after incurring unprecedented losses and possible bankruptcy due to the COVID-19 pandemic, are bound to face a tough time convincing people air travel is safe when commercial flight operations resume under new normal protocols.

25 May

Bleak prospects for restaurants, condo sector

In post-COVID-19 lockdown scenario, half of Philippine restaurants might close shop, work-from-home (WFH) arrangements may not be suitable for many businesses and a number of upper-middle residential condominium could suffer reduction in value, according to property consultant David Leechiu.

25 May

Investments registered with BOI reached P84B, from Jan to April 2020

Cumulative investments recorded by the Philippine Board of Investments (BOI) reached Php84.1 billion in the first four months of 2020, reflecting a 71 percent slowdown from last year’s Php286.7 billion in the same period.

25 May

Makati rolls out P5,000 cash aid to 114,828 individuals in a week

By Jinky Jorgio Makati Mayor Abby Binay today said the city government has already rolled out its P5,000-cash assistance to 114,828 qualified individuals, a week after the implementation of the Makatizen Economic Relief Program (MERP). Under MERP, qualified Makati residents are entitled to P5,000 cash assistance as part of the city’s relief efforts to mitigate COVID-19’s economic impact. “I’m happy …

TimeLine Layout

May, 2020