Business

[ad_1] The recovery of Turkey’s manufacturing sector continued in December, albeit at a slightly softer pace, a survey showed on Monday, amid restrictions aimed at curbing the second wave of the coronavirus outbreak. The general index of purchasing managers (PMI) fell to 50.8 in December, its lowest level since May, …

[ad_1] Just after the cities of Makati, Manila and San Juan announced that they had already set aside funds to purchase Covid-19 vaccines for their constituents, the Department of Health (DOH) on Monday urged local government units (LGU) to work with them. for an “effective distribution” and a “unified effort” …

[ad_1] A rice farmer in Nueva Ecija. Jonathan Cellona, ​​ABS-CBN News file photo MANILA – The Philippine Land Bank has reached 94.5 percent of its P245 billion lending target as of November last year, the Finance Department said on Monday. The DOF said that Landbank added P1.44 billion in loans …

[ad_1] Container vans stacked together are seen inside the Philippine Port Authority (PPA) complex in Manila on April 1, 2020. George Calvelo, ABS-CBN News MANILA – The Philippines lowered its 2022 export target to $ 103.9 billion from $ 130 billion, citing the impact of the COVID-19 pandemic. The Department …

[ad_1] Image source: Pfizer (Reuters) – Pfizer Inc and its partner BioNTech are planning to give volunteers who received a placebo in their COVID-19 vaccine trial an option to receive a first dose of the vaccine before March 1, 2021, while staying within the study. The trial vaccine transition option …

[ad_1] Local brokerage King’s Power Securities Inc. has taken a year-round business holiday as the prolonged coronavirus pandemic gnawed at its operations. The Philippine Stock Exchange (PSE) approved the voluntary suspension of King’s Power’s business operations from January 1 to December 31 of this year. King’s Power, which is owned …

[ad_1] The market is expected to track developments in containing the 2019 coronavirus disease pandemic (Covid-19) and economic recovery as we enter the first week of operations in 2021. The benchmark index of the Philippine Stock Exchange (PSEi) ended last year slightly higher, as it rose 0.25 percent or 17.46 …

[ad_1] The state-owned Development Bank of the Philippines (DBP) provided a P416 million credit line to the country’s first large-scale offshore mining company to increase its working capital requirements in its mineral export production. iron, said a senior official. DBP President and CEO Emmanuel Herbosa said the bank’s assistance to …

[ad_1] AFTER suffering double-digit losses due to the pandemic, the government has decided to cut export projections through 2022 by a fifth to $ 103.9 billion, from the original $ 130 billion. In a statement Sunday, Commerce Secretary Ramón M. López announced his agency’s decision to lower the medium-term export …

[ad_1] The same San Miguel Beer team that took an early exit from the Clark bubble last November, in the process losing a five-season Philippines Cup winning streak, will attempt to win back the Filipino conference when the Philippine Basketball Association ( PBA) begins its 46th season tentatively in April. …