Businessworld/ August 22, 2020

HEADLINES:

• BSP keeps benchmark rates steady
• Central Bank relaxes limit to real estate lending
• Issues raised vs GMR-Megawide ‘s NAIA proposal
• Virus to hit credit profiles of neobank borrowers
• Bicameral panel approves Bayanihan II of upto P165B
• Car firms seek review of gov’t plan as sales fall
• Peso drops on renewed US-China tensions
• Pandemic fund releases hit P376.57 billion as of Aug. 10
• ABS-CBN incurs P3-billion loss after franchise rejection
• Coronavirus cases top 178,000 with death toll nearing 3,000