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Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
BSP partners with Baiphil
BSP partners with Baiphil.....»»
BSP boss shines spotlight on insider trading
As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»
Business confidence improves in Q2 – BSP
Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»
Fitch sees Philippine economy growing by 6.4% in 2024
“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»
Partnering with Social Media Personalities for Your Small Business is a Must
As Tiktok and Facebook and Instagram Reels continue to send shockwaves across the social media world, influencers now wield more significant power than ever. This also makes the perfect time and era to partner with them to shape consumer behavior in your favor and drive brand engagement. While it’s often perceived that only large corporations […].....»»
Loyalty Programs are a Must for Your Business
Customer loyalty is one of the cornerstones of any successful business. Acquiring new customers is a costly and tiring endeavor, even for the most enthusiastic of business owners. This makes it far more effective to nurture the relationships you already have. Here come loyalty programs, which are powerful tools that incentivize repeat business and foster […].....»»
Unlock business success at Franchise Asia Philippines Expo
The Franchise Asia Philippines Expo 2024 is set to hold a series of dynamic seminars designed to empower entrepreneurs, investors and business enthusiasts with the knowledge and tools needed to thrive in the ever-evolving world of franchising. Slated from April 12 to 14 at the SMX Convention Center Manila, these seminars offer invaluable insights into key aspects of franchising and business growth......»»
Reflecting on Your Business Setbacks
Challenges are an inevitable part of any endeavor, especially a business one. From unforeseen economic shifts to internal operational hurdles, every business owner will inevitably face obstacles that test their resolve. As we live in a fast-paced world, we sometimes forget about looking back, and what better time to do it than the Holy Week? […].....»»
TikTok Shop Launches TikTok Shop Business School to Help Digitize Filipino Entrepreneurs
TikTok Shop launched TikTok Shop Business School, a comprehensive one-day program for Filipino entrepreneurs that aims to equip them with the skills to grow their businesses in the digital sphere. The full-day program, which 50 TikTok Shop entrepreneurs attended, was comprised of master classes on Corporate Strategy and Business Model with Kim Lato, Founder and […].....»»
Davao Media-Citizen Council elects officers
DAVAO CITY (MindaNews / 24 March) – The Davao Media-Citizen Council (DMCC) on Saturday elected its officers from representatives of various fields — media, business, law and academe. MindaNews’ Special Reports Editor Carolyn O. Arguillas was elected chair while Antonio Peralta representing the business sector was elected vice chair. Peralta chairs the Southern Mindanao Business […].....»»
Studying Your Business Rivals to Stay on Top
Who ever said you can’t be a small business owner and a spy at the same time? As you ramp up your business operations to have a larger piece of the pie or your share in the industry you’re in, you must have a keen understanding of your competitors, dissecting their strategies, strengths, and weaknesses […].....»»
7 Tips for Expanding a Home-Based Retail Family Business
If you’ve always dreamed of running your own home-based retail family business in the Philippines, one of the most rewarding milestones you’ll ever clear is your first shot at expansion. When you get to the next level, your business will be able to continue fulfilling its special role as a vehicle for your family’s financial […].....»»
The Risks of Opening a Business in 2024
In a world where economic volatility always reigns supreme, the allure of entrepreneurship has never been more enticing–or more fraught with risk. As aspiring business owners eagerly plan to open their business in 2024, they must confront a harsh reality: the path to success is paved with pitfalls that could shatter even the most ambitious […].....»»
Decision-Making Process for Small Business Owners
As a small business owner, the weight of countless decisions rests entirely on your shoulders. From product development to marketing strategies, each choice can significantly impact your success. Sometimes, a single decision can make or break your business. This is why while intuition plays a role, a well-thought-out decision-making process will ensure that you’re making […].....»»
Villar: Biz groups just want ease of doing business
Instead of amending the 1987 Constitution, business groups want the government to focus on the effective implementation of the ease of doing business law and addressing the problem of corruption, Sen. Cynthia Villar said yesterday......»»
Pokwang ibabalik na ang gourmet business: Ang iba nanggamit lang
MULING ibabalik ng Kapuso actress-comedienne na si Pokwang ang gourmet business nila ng kanyang ex-partner na si Lee O’Brian. Base sa kanyang Instagram page nitong Biyernes, February 23, ibinahagi ng Kapuso star ang short video kung saan ibinansera niya bagong commissary ng kanyang business. Havang iniikot ang netizens sa bagong paggagawaan ng kanyang mga gourmet.....»»
Securing Your Small to Medium Business in the Digital Age
Ever wondered if your business is really secure? In this age of digital hustle, ensuring the safety of your small to medium-sized business is like locking the doors at night – you wouldn’t leave them wide open, would you? Many think cybersecurity is only for the big players, but in reality, businesses of all sizes […].....»»
Local Sourcing: A Sustainable Approach for Small Business Owners
While we are now in a world where global supply chains rule any given industry, some are starting to explore the concept of sourcing locally, which has gained traction among small business owners. But what exactly does it mean to source locally, and how can this approach benefit your business in the long run? Supporting […].....»»