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Return to growth depends on tax reforms, lifting curbs

The economy will return to pre-pandemic activity only in 2025 at the earliest, unless the remaining tax reforms are legislated and lockdowns are lifted, the Department of Finance said......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

A guide to cybersecurity competency framework

There are mandated laws, compliance regulations, and penalties when the leadership and management fail to provide cybersecurity measures to its organization. To help protect and to effectively navigate your organization in the digital age, the Center for Global Best Practices invites you to attend an online training entitled, Cybersecurity Competency Framework for the Enterprise Governing Body and Management to be held from 1:30 to 4:45 p.m. on Thursday, Aug. 26 via Zoom......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Toyota’s global output cut unlikely to impact on Philippines

The planned reduction in Toyota Motor Corp.’s global vehicle production is not expected to impact the carmaker’s operations in the Philippines......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

PLDT, Smart raise P4 million for Filipino farmers

PLDT and its wireless unit Smart have helped over 1,000 farmers generate nearly P4 million in revenues through the sale of rice under its Buy Local campaign......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Philippines needs to address policy gap for financing RE debts

The Philippines needs to address the policy gap for financing renewable energy developments to be able to reach its clean energy capacity and energy transition targets as this gap has kept projects from getting to shovel ready status......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Banks extend relief to borrowers

Philippine banks continued to provide financial relief to borrowers severely affected by the pandemic and at the same time ensured continued access to essential financial services amid the lockdowns, according to the Bangko Sentral ng PIlipinas......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

PLDT, Nokia team up for IoT services

Telco giant PLDT Inc. and Nokia are set to make commercially available soon a first in the country solution that would help businesses accelerate their digital transformation and boost customer experience......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

PH Resorts losses widen to P175.6 million in H1

Dennis Uy’s listed hospitality and gaming company PH Resorts Group Holdings Inc. continue to report losses, battered by the negative impact of the global health pandemic......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Robinsons Land’s REIT sets IPO price at P6.45 per share

The Gokongwei Group’s soon-to-list real estate investment trust RL Commercial REIT Inc. has set the final price of its initial public offering at P6.45 per share......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

High debt servicing to persist until 2024 — DOF

The country will continue to pay its debts beyond the ideal international threshold of 60 percent of domestic output until 2024, a top finance official said......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Corporates’ 2nd quarter numbers

A country club I used to frequent during the pre-pandemic life has turned into a ghost town, its life sapped to the last breath. It is now an empty building cordoned off with a yellow barricade tape that looked like a police line, as if a gruesome crime had happened there......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Market on watch for COVID-19 progress

Trading at the stock market this week will remain dependent on the country’s COVID-19 situation, as investors weigh the economic consequences of the strict lockdown in Metro Manila and other provinces......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Crude oil turns bearish

Due to concerns of a slowing global growth and a stronger US dollar, crude oil registered its biggest weekly decline since November 2020.WTI crude price dropped 9.2 percent for the week, closing at $62.14 per barrel......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Philippines has yet to establish net zero emission goal

The Philippines has set strong emission reduction targets, but it has yet to establish its net zero goal as the energy sector grapples with clearer policies and as the net zero initiative is still something new to local companies, according to Massachusetts-based global management consultancy Bain & Co......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Generation Z and the environment

With the threat of climate change looming in the background, Generation Z is beset with data on how catastrophic the future will be for all of us if we do not drastically act today......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

A whiff? More like a stench!

If Duterte still can’t smell the stench of corruption all around him, he needs to get a COVID test. Losing the sense of smell is one important symptom of infection......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

RCBC funds P55 billion green, social projects

Yuchengco-led Rizal Commercial Banking Corp. has financed P55 billion worth of green and social projects as it continues to push sustainable financing......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

BSP to issue unified data framework

The Bangko Sentral ng Pilipinas plans to issue before the end of the year a unified policy governing the handling and use of digital data gathered by banks from their clients......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

Group asks for ERC transparency on action against 17 gencos

Consumer rights and energy advocacy group Power for People Coalition is asking the Energy Regulatory Commission to be transparent in its action on the 17 generating companies that already exceeded their maximum allowable unplanned outage days......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News

ALI bests global competition

Ayala Land, Inc. (ALI) bested companies from around the globe as it received the most number of Stevie® Award wins at The 18th Annual International Business Awards®. The Stevie Award is a premier business award program that recognizes the achievements and positive contributions of organizations and working professionals worldwide......»»

Source: philstar philstarCategory: financeAug 22nd, 2021Related News