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Smart Padala by PayMaya empowers communities with digital financial services

Digital financial services adoption is growing fast as mobile and internet penetrate all corners of the country. For most of the unbanked and underserved, the transformation to digital is getting a boost from the traditional and most basic retail presence on ground — through sari-sari stores powered by Smart Padala by PayMaya. “For financial inclusion […].....»»

Source: Bworldonline BworldonlineCategory: Finance18 hr. 36 min. ago Related News

Find a problem you are passionate to solve: Startup tips from JUUL Labs founder, Adam Bowen

When Adam Bowen and James Monsees, founders of successful e-cigarette company JUUL Labs, first introduced their take on a less harmful alternative to smoking in 2015, they knew they had the opportunity to make something truly significant. In Stanford University where they met, Bowen and Monsees were heavy smokers. They felt conflicted about their habit, […].....»»

Source: Bworldonline BworldonlineCategory: Finance18 hr. 36 min. ago Related News

Is the US-China trade war morphing into a currency war?

In recent weeks, President Trump has become more vocal about the issue that the US dollar’s strength is putting the US at a disadvantage......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

More room to cut rates in Q3 — Benjamin Diokno

The Bangko Sentral ng Pilipinas (BSP) said monetary authorities have more leeway to ease this quarter amid the country’s easing inflation and the dovish US Federal Reserve......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

Philippines wheat imports higher at 7.2 million MT

The Philippines is expected to post a record-high wheat importation this year at 7.2 million metric tons amid continuous increasing consumption following smaller corn output......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

Market may test 8,100 level this week

The Philippine stock exchange index may attempt another ascent above the 8,100 mark this week......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

Phoenix to raise P3.5 B from debt issue

Listed independent oil firm Phoenix Petroleum Philippines Inc. is raising at least P3.5 billion from the second tranche of its P10-billion commercial paper program to refinance debt......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

Debt payments down, reach P27.4 B in May

The national government disbursed P27.41 billion in May to settle its maturing debt, including interest payments, according to the Bureau of the Treasury......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

PSALM seeks clearance to refund LuzMin customers

The Power Sector Assets and Liabilities Management Corp. (PSALM) is seeking clearance to refund Luzon and Mindanao, but charge Visayas customers due to the impact of fuel and purchased power cost as well as foreign exchange-related cost last year......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

DOE finalizing smart grid policy

The Department of Energy (DOE) is finalizing the country’s smart grid policy and roadmap to help further bring down power rates and to address modern challenges in the power sector......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

PEZA: Less applicants seek ecozone status

The Philippine Economic Zone Authority (PEZA) expects less than half of the 131 ecozone applications in Metro Manila to vie for ecozone status even if the office of the President (OP) decides to give them a longer period of six months on the moratorium imposed on new economic zones in the National Capital Region (NCR)......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

BSP to help banks comply with agri-agra lending

The Bangko Sentral ng Pilipinas (BSP) is looking at further expanding the list of eligible investments to help banks comply with the mandated threshold for agriculture and agrarian reform loans......»»

Source: Philstar PhilstarCategory: FinanceJul 15th, 2019Related News

Reissued seven-year T-bonds to fetch lower rates

THE GOVERNMENT will likely see lower yields for its reissued seven-year bonds to be auctioned off tomorrow, as market participants price in possible interest rate cuts from the local and US central banks......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 14th, 2019Related News

Greater use of GSP program driving exports growth to US, DTI says

PHILIPPINE exporters are learning to maximize their use of a Generalized System of Preferences (GSP) arrangement with the US, resulting in increased exports overall to that country, the Department of Trade and Industry (DTI) said......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 14th, 2019Related News

Congress to probe price, supply bottlenecks for biofuels

THE Joint Congressional Oversight Committee on Biofuels is set to investigate the biofuel industry over price increases in molasses when the 18th Congress opens its first regular session......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 14th, 2019Related News

Ortigas not keen on IPO for now

ORTIGAS & Co. is holding off plans for an initial public offering (IPO) at least until 2024......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 14th, 2019Related News

Travel industry sees job growth outperformance

THE TOURISM and hospitality sector expects to outperform in terms of job growth in the next few years, outstripping the global average, industry officials said......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 14th, 2019Related News

Overtaxation seen driving POGOs away

THE government runs the risk of losing investment from the online gaming industry if it stiffens regulation and raises tax rates, industry analyst Asia Gaming Brief said......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 14th, 2019Related News

Gov’t finalizing rules for renewable energy suppliers in option program

THE DEPARTMENT of Energy (DoE) targets to finalize in about two months a circular that will set the guidelines for the issuance of operating permits for renewable energy suppliers under the agency’s green energy option program (GEOP)......»»

Source: Bworldonline BworldonlineCategory: FinanceJul 14th, 2019Related News

Regions still dependent on National Revenue

Regions still dependent on National Revenue.....»»

Source: Bworldonline BworldonlineCategory: FinanceJul 14th, 2019Related News