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‘Miners and anays’ – anti-business
From jeepney modernization to issues involving the National Grid Corporation of the Philippines, both houses of Congress are now investigating the mechanics of the jeepney modernization program and the franchise of the NGCP......»»
More Pinoys do buy now, pay later transactions
Nearly 50 percent of respondents in the Philippines are likely to adopt buy now, pay later services for future transactions, according to a survey from consumer research and data analytics company Milieu Insight......»»
USD3.32-B Loan Approved by BSP
On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»
P2.8 million for athletics gold in Paris Games
There are P2.8 million reasons that should make Filipino pole-vaulter EJ Obiena more motivated to go for the gold medal in the Paris Olympics this July......»»
P2.8M prize money awaits gold medalists in Paris Olympic athletics
There are 2.8 million reasons that should make Filipino pole vaulter EJ Obiena more motivated to snare the gold medal in the Paris Olympics this July......»»
Paris Olympic gold remains top priority for Marcial
More than winning his professional fight against Thai boxer Thoedsak Sinam on Saturday, a gold medal in the upcoming Paris Olympics is the bigger goal for Eumir Marcial......»»
BSP hits 50 percent target in digitized payments
The Bangko Sentral ng Pilipinas managed to hit its goal of shifting half of total retail payments to digital channels in 2023, with more small businesses likely to onboard moving forward......»»
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.....»»
SPNEC pumps on inclusion to MSCI Philippines Small Cap Index
SP New Energy gained more than 6% yesterday after news that it will be included in the MSCI Philippines Small Cap Index when it is rebalanced on February 29......»»
Sustainable Practices for Small Businesses
As news about how microplastics have been harming fish for years adds up to the environmental problems the world is now facing, there is now the need for businesses to have an urgent focus on sustainability to not do any more damage to the environment. Small businesses, often the backbone of local economies, have a […].....»»
Halving arrives for bitcoin miners
The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money......»»
Wasting our resources
I can with all honesty attest to the fact that during my entire career as a business journalist, we as a nation continue to waste our natural resources and that our farmers, miners, loggers, fishermen and most of the working population do not properly exploit the benefits and enjoy the rewards that our resources have provided us with......»»
Davao landslide kills 6, injures 31 others
MANILA, Philippines — Six miners were reported dead and 31 others injured after a landslide in Maco, Davao de Oro, the municipal government said on Wednesday. The Municipal Disaster Risk Reduction and Management Office of Maco said the Davao landslide casualties were reported as of 2:00 p.m. Forty-six other persons remain missing. Search and rescue.....»»
South Cotabato urges public to patronize MSMEs, buy local products
KORONADAL CITY (MindaNews / 7 March) – The provincial government of South Cotabato has launched a convergence initiative to bring more growth and market opportunities for the province’s micro, small and medium enterprises (MSMEs). Tyronn Jan Villanueva, head of the South Cotabato Economic, Investment and Promotions Center (SCEIPC), said they have launched a series of […].....»»
Cebu City buy-bust: Over P12M ‘shabu’ seized from 2 HVIs
CEBU CITY, Philippines – Police confiscated over P12 million worth of suspected shabu from the possession of two men during a bust-bust operation in Brgy. Bulacao, Cebu City on Tuesday evening, March 26. The buy-bust operation was conducted at around 10 p.m. in Lower Sario in Brgy. Bulacao. One of the suspects was identified as.....»»
INDUSTRY LEADERS CONVENE | DA, SRA, stakeholders discuss plan to buy sugar from local farmers
INDUSTRY LEADERS CONVENE | DA, SRA, stakeholders discuss plan to buy sugar from local farmers.....»»
Gen Z more into buy now, pay later schemes – survey
The use of buy now, pay later (BNPL) services is on the rise in the Philippines, with the biggest increase observed among Gen Z consumers, according to a study from global information and insights company TransUnion......»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
GCash gets BSP nod to enter Europe, ME
E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»
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.....»»