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Life would not probably get back to normal until 2022 as COVID-19 vaccines may not be enough to enable people to return to business as usual by next year, the National Economic and Development Authority (NEDA) said. A resident rides her bicycle past armed soldiers along a street in Navotas in...

After suffering from slump on customer-payments at the height of the lockdown period in March to May, power utility giant Manila Electric Company (Meralco) logged all-time high collection of P27.6 billion on its dispatched bills in September. The company said it was the heftiest level of collection...

The impact of the pandemic can’t be underestimated in terms of the economy. Businesses are crumbling, factories are closing, restaurants and small enterprises are stopping operations. It seems everyone, except those in “high” places, is bleeding money. Yes, business owners are affected,...