The Market Monitor Minding the Nation's Business

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).

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.

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.

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

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.

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.

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.

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.

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 …

Small business or those under the category of micro, small and medium enterprises (MSME) will have to adapt to overcome the grave economic effects of the COVID-19 pandemic.