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Palworlds Monthly Server Costs Reach $500k – The Daily Guardian
Title: Palworld’s Phenomenal Success Puts CEO in a Bind: Rising Server Costs Threaten Bankruptcy Subtitle: Indie Game Palworld Surpasses Records with 19 Million Copies Sold,.....»»
ADB lends $20 million for affordable housing project
The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»
ADB lends P2.4 billion to iSON for buildup of telco towers
The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»
ADB OKs $400,000 assistance to Philippines for offshore wind projects
The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»
Government to limit debt as new taxes hang
With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»
T-bill rates up across the board
The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the board......»»
ADB: Manufacturing benefits the most from remittances
The manufacturing sector is the biggest recipient of spending made by households receiving remittances from overseas Filipino workers, according to the Asian Development Bank......»»
Banking 101: Unmasking Financial Lingo
Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»
High rates dampen credit growth in 2023
he expansion of credit in the country slowed last year as the still elevated cost of borrowing dampened demand, the Bangko Sentral ng Pilipinas said......»»
Government eyes P30 billion from 30th RTB issue
The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»
From ‘Ekstra’ to ‘Expats’: How Ruby Ruiz bagged the role of a lifetime
From borrowing a costume to use in the independent film “Ekstra” opposite Vilma Santos to having her own costume designer in the big-budget Hollywood production “Expats” opposite Nicole Kidman, Ruby Ruiz is living the dream......»»
Nomura hikes Philippines growth target for 2024
Nomura Global Markets Research has upgraded its economic growth forecast for the Philippines to six percent from 5.8 percent for this year after a better-than-expected expansion in 2023......»»
DA to draft procurement guidelines for agricultural crises
The Department of Agriculture announced on Wednesday that they are in the process of drafting the Implementing Rules and Regulations for a law clause, seeking to stabilize necessities and commodities supply while protecting consumers from unjustified price hikes during food shortages......»»
AEV hikes capex to P153 billion
Aboitiz Equity Ventures Inc. is hiking its capital expenditures by 135 percent to P153 billion this year as it gears up for another phase of growth and innovation......»»
Citi hikes Philippines inflation forecast
Global banking giant Citi raised its 2024 inflation forecast for the Philippines to 3.6 percent from 3.4 percent previously, following the faster-than-expected headline print in February......»»
MerryMart hikes 2030 sales target to P150 billion
MerryMart Consumer Corp. of tycoon Edgar “Injap” Sia II is raising its sales revenue target for 2030 by 25 percent as it ramps up its expansion......»»
IMF hikes Philippines 2024 growth target
The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»
Gasoline, diesel prices seen to go up next week
Another round of price hikes for gasoline and diesel may be implemented by local oil companies next week......»»
Nine SKUs post price hike in latest SRP bulletin
Nine stock keeping units have recorded price hikes in the most recent suggested retail price bulletin for basic necessities and prime commodities, according to the Department of Trade and Industry......»»
DOLE assures workers of pay hike after wage review
Following President Marcos’ order for a review of minimum wage rates nationwide, the Department of Labor and Employment yesterday assured workers that pay hikes are coming soon......»»