San Juan closes city hall until April 28 for disinfection; taxes due extended to May 20 THE SAN JUAN local government is suspending all transactions at the city hall from April 14 to 28 to give way to the disinfection of all offices. However, all departments involved in the coronavirus response will continue to function, Mayor Francis M. Zamora announced ...

In last week’s column, we questioned whether Microfinance has shifted away from its initial mission of targeting the poorest of the poor as it becomes more and more institutionalized and commercialized over time. I pointed out how Microfinance in developing countries has followed three key trends: 1.) a shift in lending methods: from group to individual lending; 2.) a change ...

A QUEZON CITY MALL on the second day of the implementation of the Modified Enhanced Community Quarantine in the National Capital Region in May 2020. — PHILIPPINE STAR/ MICHAEL VARCAS Every time there is a “lockdown” or strict community quarantine, when many businesses temporarily close shop, smaller enterprises and their workers tend to hurt the most. Single proprietorships depend heavily ...

IN ECONOMICS, the once heretical is now almost virtuous: central banks funding massive fiscal stimulus, deficits blowing out, de-emphasized inflation fears, and a degree of skepticism about markets. This isn’t limited to rich countries. A time traveler from the 1990s would scarcely recognize some emerging markets today. Especially if that voyager was a proponent of the “Washington Consensus,” a view ...

FREEPIK SURVEYS are now the stuff of news, even in social media, especially when dealing with preferences for the top two spots “if elections were held today,” and not when it’s scheduled next year in May. Hopefully, by then the pandemic would be over, and you happen to be where you are registered as a voter, and inclined to line ...

A vial of the Johnson & Johnson’s coronavirus disease vaccine is seen at Northwell Health’s South Shore University Hospital in Bay Shore, New York, US, March 3, 2021. — REUTERS/SHANNON STAPLETON/FILE PHOTO THE PAUSE in the rollout of Johnson & Johnson’s (J&J) COVID-19 vaccine marks another setback for the world’s inoculation campaign, just as it was picking up speed in ...

PHILIPPINE STAR/ MICHAEL VARCAS The lower protection rates of China's coronavirus disease 2019 (COVID-19) vaccines have raised concerns about shots that are key to inoculation rollouts from Brazil to Indonesia, especially after their efficacy was questioned by one of the most senior Chinese health officials. Bloomberg spoke to two experts about the vaccines, zeroing in on the Sinovac Biotech Ltd. ...

Tesco’s profits fell by almost 20% to £825m during the past year, despite growing sales and winning customers from its rivals, because of the increasing cost of operating during the coronavirus pandemic. The retailer’s group sales rose by 8.8% to £53.4bn during the 52 weeks to 27 February, surpassing analysts’ expectations, while its UK sales increased by 7%. The ...

Easyjet today said it expects passenger numbers to pick up from late May after continued lockdown measures sparked a hefty loss for the first half of the year. The budget airline forecast capacity to hit 20 per cent of 2019 levels in the third quarter, with an increase from late May onwards. It said it was ready to ramp ...

The competition watchdog has provisionally cleared the £31bn merger between O2 and Virgin Media following an in-depth investigation. The Competition and Markets Authority (CMA) launched a probe into the tie-up amid concerns it would harm competition in the wholesale market. Virgin Media provides leased lines to mobile operators such as Vodafone and Three, while O2’s network is used by ...

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