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From setbacks to success

One businessman lamented: “I’m a walking economy?”.....»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

How Sourcing Locally is a Win-Win for You and Your Community

As a business, it’s often tempting to source internationally so you can say you have international partners. While that sounds good to the ears of some, more people are having more awareness and supporting businesses who source locally as it benefits not only you as a business, but also the overall local economy in general. […].....»»

Category: newsSource:  metrocebuRelated NewsApr 18th, 2024

Chinas First Quarter Results Show Growth Propelled by Factories

The Chinese economy exceeded expectations in the first quarter of this year, growing by 1.6 percent despite the challenges posed by the real estate crisis.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 16th, 2024

Breaking the cycle of poverty with entrepreneurship

In my recent chat with former presidential spokesman, writer and businessman Ernie Abella, he asked me an interesting question: Can entrepreneurship boost the Philippine economy?.....»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Remolona sees 5.9 percent GDP this year

The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

HSBC bullish on Philippine economy

British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

HSBC bullish on Philippine economy

British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

HSBC bullish on Philippine economy

British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Marcos Jr. wants holistic plan to solve Metro Manila traffic woes

With traffic gridlocks costing the economy billions of pesos, President Marcos has called for a “comprehensive” solution to the country’s traffic woes and has directed agencies to come up with work adjustment plans, National Economic and Development Authority Secretary Arsenio Balisacan said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

‘Philippines elevating to upper-middle income status next year’

The Philippines remains on track to become an upper-middle income economy in 2025, even as the government trimmed its economic growth target for this year, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

No nonsense

The Ease of Doing Business has been defined as “the level of simplicity and efficiency with which businesses can operate within an economy.” It encompasses various aspects, including the economic landscape, finance, and legal framework......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Addressing energy challenges in Cebu’s growing economy

A bustling hub in the Visayas, Cebu symbolizes the Philippines’ economic vitality. However, the province is confronting a significant challenge—an impending energy shortage that threatens its stability......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Digital connectivity space tackled in amendments to National Building Code

A pending legislation at the House of Representatives amending the 47-year-old National Building Code of the Philippines would make it more responsive to the broadband connectivity demands of a digital economy, a citizen advocacy group said......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

'There s today momentum in India which has to be experienced to be believed': Jaishankar in Singapore

Singapore, March 23 (ANI): External Affairs Minister S Jaishankar on Saturday said there's today momentum in India which has to be experienced to be believed and the country is going to be a much bigger economy in the coming years. Jaishankar, who reached Singapore earlier today as part of his three-nation visit, said apart from increase in ease of living and ease of doing business, India is ramping up its infrastructure.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

'There s today momentum in India which has to be experienced to be believed': Jaishankar in Singapore

Singapore, March 23 (ANI): External Affairs Minister S Jaishankar on Saturday said there's today momentum in India which has to be experienced to be believed and the country is going to be a much bigger economy in the coming years. Jaishankar, who reached Singapore earlier today as part of his three-nation visit, said apart from increase in ease of living and ease of doing business, India is ramping up its infrastructure.....»»

Category: newsSource:  manilanewsRelated NewsMar 23rd, 2024

Top 10 e-commerce sites in the Philippines 2019 - ASEAN UP

With a dynamic economy and a large population proficient with digital technologies, the Philippines is a fast-growing market for e-commerce in Southeast Asia. Several websites and digital applications are already fighting for market share, with global, regional and national players. The growing connectivity of the Philippines, rapidly overcoming the countrys infrastructure difficulties, enable more and Continue reading &q.....»»

Category: newsSource:  manilanewsRelated NewsMar 23rd, 2024

Insurance penetration rate slips further to 1.6 percent

The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka

Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

COMMENTARY | Strategies for powering progress: The Visayas energy imperative 

As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

Government urged to keep spending, avoid high surplus

The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024