Businesses Can’t Afford Another Lockdown: ECCP
It will be harder for businesses to survive and recover if the government will extend stringent community quarantine, European Chamber of Commerce of the Philippines (ECCP) president Nabil Francis said on Thursday. In a webinar and press conference, Francis said the current modified enhanced community quarantine (MECQ) should be the last and the government should […].....»»
‘Era of mass closures’: the Japan businesses without successors
Kiyoshi Hashimoto's machinery factory outside Tokyo should be buzzing with industry. Instead, it's so quiet you can hear him practicing the recorder. The 82-year-old entrepreneur founded his company nearly 40 years ago, but well past retirement age he has neither a successor nor a buyer for a business that retains loyal clients. It is a problem that Japan's government warns could affect up to a third of all small businesses in the country by 2025, as the country's population shrinks and ages. "All of this would go to waste if I were to close now," said Hashimoto, whose factory in Yachimata, east of Tokyo, is filled with workbenches, drill tables and parts cabinets. He once employed dozens of people, but now gets by with just two part-time workers after scaling back operations. The problem is so vast that Japan faces an "era of mass closures", said Shigenobu Abe of bankruptcy research firm Teikoku Databank. A 2019 government report estimated that about 1.27 million small business owners would be 70 or older by 2025 and have no successors. The trend could kill up to 6.5 million jobs and reduce the size of the Japanese economy by 22 trillion yen ($166 billion), the study warned. By 2029, the situation will worsen still, as baby boomers hit 81, the average life expectancy for Japanese men, who account for most of the presidents of these firms, according to Teikoku Databank. "We know for sure that many workers will lose their livelihoods because of this," Abe told AFP. 'A serious blow' As elsewhere, small businesses in Japan are often passed down to family or trusted employees. But the country's prolonged economic stagnation has made small businesses unattractive to young people. Firms in rural areas struggle further because of a preference for city life and a growing trend of rural depopulation. Compounding the problem is a feeling among some older Japanese that selling a family business to outsiders is shameful. Some liquidate their firms rather than seeking buyers. Japan's government has offered generous incentives to encourage sales, and the private sector has also jumped in to match investors with businesses for sale. Company BATONZ now makes more than 1,000 matches a year, up from just 80 when it opened in 2018. Still, it reaches a fraction of the people who need it, said BATONZ president Yuichi Kamise. Waves of closures will mean the loss of specialized craftsmanship, unique services and original restaurant recipes that make up Japan's social and cultural fabric, he said. "Over time, what makes Japan unique could disappear due to a lack of successors," he said. "I think it will deal a serious blow to Japanese culture and Japan's attractiveness as a tourism destination." Some feel though that the trend offers a chance to fix inefficiencies and consolidate small businesses that are barely scraping by or survive on subsidies. Hiroshi Miyaji, 50, owns Yashio Group, a logistics giant started by his grandfather, and has snapped up various businesses. "There will always be buyers for firms, with or without successors, that have unique strengths, special know-how and human resources," said Miyaji, a third-generation president. Helped by BATONZ, he recently purchased a small trucking company from 61-year-old Ayako Suzuki. 'Waiting for someone' Suzuki gave up her corporate career to help her father with the business he had started in 1975. None of the firm's three drivers wanted to take over and she was asked to join and help her father, then in his late eighties. But problems quickly piled up: the coronavirus pandemic hit, a driver left, trucks needed maintenance, and before long she was dipping into savings to stay afloat. "I wanted to keep the business going, at least while my father was alive," she told AFP. BATONZ connected her with Miyaji, who pledged to keep the firm's employees, clients and trucks. "I'm more relieved than sad," she said. "I didn't think our company had any value." The glut of affordable small businesses can be a boon for young people looking to break into a sector. Among them is 28-year-old chef Rikuo Morimoto. When the pandemic prevented him from studying in Italy, he used his savings to buy a four-decade-old diner in Tokyo and start a restaurant at a fraction of the normal cost. He kept the decor, furniture and many longstanding customers of "Andante", a beloved neighborhood restaurant in the Suginami district, while offering his own menu. "I thought I could only afford to have a food truck or a small bar," he said. Not everyone is so fortunate, and the future of Hashimoto's machinery factory remains uncertain, despite his attempts to groom three successors. "I'm just waiting for someone to come along and make use of this," he said. The post ‘Era of mass closures’: the Japan businesses without successors appeared first on Daily Tribune......»»
Uruguay scrambles for potable water
Workers in Montevideo, Uruguay are frantically laying pipes between two rivers so one can replenish the other, and digging for underground water wells as the city grapples with severe water shortage due to drought. For weeks already, the 1.8 million residents of the Montevideo metropolitan area — home to more than half the South American country’s total population — have switched en masse to bottled water for drinking and some cooking. Water from the capital’s main source — the Santa Lucia River — has had to be increasingly augmented with brackish water from the River Plate, an estuary on the Atlantic Ocean. 'Some people take eight, 12 large bottles (between six and 10 liters) at a time each.' But the estuary itself has had less fresh water input from the Uruguay and Parana rivers, which both start in Brazil, as the worst drought in decades batters parts of South America. Thus, 13.3 kilometers of pipe are being laid to transfer freshwater from the San Jose River to the Santa Lucia River State-owned water company OSE is also building a dam and a pumping station on the San Jose River. Meanwhile, at Montevideo's Batlle Park, a well recently drilled by OSE to extract groundwater produces about 30,000 liters per hour, which are distributed in tankers to hospitals. Pending the completion of the river pipes and other underground water wells, Montevideo’s residents use bottled water for drinking and cooking as water flowing from the tap is not potable. Pregnant women and those with high blood pressure — almost a third of the Uruguayan population according to the World Health Organization — as well as those with chronic kidney disease, heart and liver problems should avoid it, Public Health Minister Karina Rando warned. Since the beginning of July, the government has made available two liters of bottled water a day for each of the more than 500,000 low-income residents of Montevideo. For those who can afford to buy their own, it has eliminated value added tax. Nevertheless, the contingency is costing Uruguayans a lot, if it is still available in the supermarket. Vendor Nicolas Perez, 40, said bottled water was flying off the shelves. “Some people take eight, 12 large bottles (between six and 10 liters) at a time each,” he said. “Some businesses take up to 20” per day. The post Uruguay scrambles for potable water appeared first on Daily Tribune......»»
EU moves closer to launching digital euro
The European Union (EU) on Wednesday took its first significant step towards launching a digital version of the euro, a controversial project that has been questioned by politicians and banks. From China to the United States, Jamaica to Japan, more than 100 central banks worldwide are exploring or preparing to put in place digital currencies as electronic payments grow, changing the way people spend their money. The move to create a digital version of the single currency began in 2020 when European Central Bank (ECB) President Christine Lagarde suggested the idea and her Frankfurt-based body launched a public consultation. The European Commission, the EU's executive arm, published a proposal on Wednesday that will be the legal foundation on which the ECB could launch a digital euro. The currency would be available to individuals living in the euro area and for visitors. It would offer an additional payment option for citizens to use online and offline with their digital wallets, thus ensuring as much anonymity as coins and banknotes. The final law must be backed by the EU's 27 member states and the European Parliament. Digital euro enthusiasts say it will complement cash and ensure the ECB does not leave a gap later filled by private -- usually non-EU -- players and other central banks. "Given that the euro is already the world's second most-traded currency, it is not an area where can afford to stay behind the curve. We need to move ahead with a digital currency," commission vice president Valdis Dombrovskis told reporters. Critics question the need for a digital euro and banks warn of major risks, while the ECB's own study found the public was concerned over payment privacy. The ECB and the commission "have yet to make a compelling case of why we need the digital euro and what added value it will deliver," German MEP Markus Ferber said. Benefits 'outweigh' costs The commission's proposal argued that the digital euro's "long-term benefits... outweigh its costs" and warned, "the costs of no action can potentially be very large". Lagarde said in March that the digital currency was important for resilience and to "safeguard European payment autonomy". Many means of payment are "not necessarily European", she noted, adding it was "very unhealthy to rely on one single source of payment". US giants Visa and Mastercard currently dominate the global card payment market. Others argue, however, that the bloc's plans spell trouble unless the EU takes necessary other steps. Banks have warned of the risk of bank runs as customers could hold their funds in digital euro accounts and wallets, moving them away from the banks' balance sheets. "To shield banks from the risk of deposit flight and to limit the negative impact on banks' ability to finance the economy, it is important to set appropriate and firm limits in holdings and transactions," the European Banking Federation said on Wednesday. The proposal indicates there will be a limit to how much money people can keep in digital euros. ECB officials have suggested a cap of 3,000 euros ($3,300). The digital currency will be granted "legal tender" status, meaning it must be accepted as payment. But there would be exceptions, including for small businesses that do not accept any form of digital payment. The ECB is set to give the formal green light to a digital euro in October and the expectation is it would be available from 2027 onwards. The ECB welcomed the commission's proposal, which it said offered "private intermediaries appropriate economic incentives to distribute the digital euro as they do other digital means of payment while preventing excessive fees for merchants". Privacy concerns The ECB has a difficult battle to win over Europeans. A public consultation showed that the number one priority when it comes to the digital euro is privacy. To calm people's fears, the ECB has stressed it would not attempt to control how people can spend digital currency or use it for surveillance, as critics claim is the case in China. "This is not a Big Brother project for online payments," the EU's financial services commissioner, Mairead McGuinness, said during a press conference in Brussels. "With the digital euro, the data privacy will be the same as for existing private digital means of payment. For offline payments, the data privacy will be even higher." The commission's proposal said the digital euro "will be designed so as to minimize the processing of personal data by payment services providers" and the ECB. The post EU moves closer to launching digital euro appeared first on Daily Tribune......»»
Jeepney phaseout haphazard planning
In January 2018, during the Duterte period, the Department of Transportation tried to fast-track the jeepney phaseout plan, the so-called Transport Modernization Program or TMP, imposing deadlines to complete the phaseout by 2020. By November 2019, DOTr realized it was dreaming, and it finally dropped the plan. You cannot implement such a massive plan in so short a time. Not only was the time frame short, the plan was haphazardly done, with a lot of gaps. Either there was pressure from Malacañang or the DoTr was simply too gung-ho about it. At the time, there were about 300,000 jeepneys nationwide, on which a staggering 1.5 million, at an average of five persons per family, were dependent for their sustenance. Dislocating and rehabilitating such a huge number of drivers for new jobs would have been next to impossible, considering our high unemployment rate. This would have led to a social crisis inviting anarchy and unrest. We are not even talking about thousands of jeepney operators and dozens of affected downstream industries, such as jeepney manufacturers. The first to scream against the obsolescence of the jeepney and the pasaway (undisciplined) jeepney drivers were those who would benefit from the phaseout, namely, the oligarchs and powerful politicians who, in partnership, would take over the mass transport industry. Right now, they are drooling over the perceived windfall. They are planning secretly and organizing lobbies to influence PBBM and the government to implement mass transport modernization with their vested interests in mind. The pressure on PBBM will be so great and they will offer him a piece of the pie. The more he resists, the bigger the slice. The government will be forced to bear the brunt of mass transport modernization, allotting billions, so that the oligarchs and bureaucrats will spend less. Duterte’s TMP planned to replace current polluting jeepney engines with environment-friendly Euro-4 engines used in Europe. Back in 2019, one Euro-4 engine cost a staggering P1.6 million, beyond the reach of most operators. They would have drowned in debt or abandoned their businesses. Only the oligarchs-bureaucrats could afford this and so they would take over. Converting 300,000 jeepneys to Euro-4 would cost a dizzying P447 billion at 2019 prices. (Source: UPLB scientists interviewed). The Euro-4 is good for rich countries, not for poor countries with little capital. Its evolution was so rapid that Euro-1 to Euro-3 became ridiculously obsolete in so short a time. The Euro-4 is probably already obsolete today. The massive undertaking to convert 300,000 jeepneys may take 10 years, but only if the government borrows millions for the thousands of conversions nationwide. Also, imports may be available only in trickles, not considering that the Euro-4 is discontinued or rendered obsolete by newer versions. Let us assume the Euro series is replaced by better, cheaper technologies from China or even locally appropriate technologies. Present operators may need to get big loans. Only the oligarchs-bureaucrats will be ready to take over the mass transport system quickly. The fares of the modernized jeepneys and new hybrid mini-buses may easily reach four to six times the present rates. Commuters ultimately will bear the brunt of modernization. This does not even consider higher gas prices. Marginal commuters will be the ultimate victims. PBBM is in a dilemma. We are not ready for the massive changes and massive dislocations facing our mass transport system. We should have planned these expansions 10 to 20 years ago. PBBM will have to respond to the violent transport strikes brewing not with truncheons but with workable solutions that will address actual needs. He has very little time. PR and propaganda alone cannot contain the storm. The situation is not that hopeless, however. First, we must avoid quick-fix solutions in panic and come up with long-term solutions. Second, solutions should include funds to support our local inventors and manufacturers to avoid dependence on foreign technologies. Third, we must undertake intense research on alternatives to import-oriented modernizations. Removing the omnipresent jeepney completely is impossible for now. We can perhaps partly remove and partly improve the jeepney gradually. We can start by giving loans to operators to gradually replace their aging jeepneys. The key is to go slow. The age of cheap electric jeepneys may just be around the corner. We can perhaps ask Elon Musk or China to fund cheap e-jeepney engine factories here. Import the factories rather than the finished goods. We can retain local jeepney hybrid designs. That would be the perfect solution. eastwindreplyctr@gmail.com The post Jeepney phaseout haphazard planning appeared first on Daily Tribune......»»
Stop small businesses’ closure
A plea to the mother of the City of Manila. Owners of small businesses in Barangay 420, Sampaloc, Manila are asking Manila Mayor Honey Lacuna to reconsider the cease and desist order issued them by the city government. Mostly sari-sari stores, dress shops, and carinderias selling cheap food, the businesses had been charged penalties of as much as P14,000. One of the affected business owners, 68-year-old Marilyn Equila, a store owner, said they do not earn enough to put food on the table to be levied excessive taxes and fines. “We are small businesses; we do not have a lot of capital,” Equila told Daily Tribune in Filipino. “We are just trying to make a living.” Equila has pledged to register her business and to get a business permit, but she expressed the concern that she will not be able to afford the fees. She said Mayor Lacuna has promised to help small businesses. “We are asking for Mayor Honey’s help,” Equila said. “We need her to help us keep our businesses open.” The cease and desist order has caused a great deal of anxiety and uncertainty among the small business owners in Barangay 420, according to those affected. Barangay 420 residents said the closure of businesses would negatively impact on their community as they provide essential goods and services. The closure would leave a void that would be difficult to fill, they warned. The post Stop small businesses’ closure appeared first on Daily Tribune......»»
DOLE: Distressed businesses may avail of bank loans for 13th month pay
The Department of Labor and Employment told distressed businesses which can’t afford to pay for their employees’ 13th-month pay to avail of loans from banks. Labor Secretary Silvestre Bello III (ROBINSON NIÑAL JR. / PRESIDENTIAL PHOTO / FILE PHOTO / MANILA BULLETIN) Labor Secretary Silvestre Bello III said the Bankers Association of the Philippines had earlier said it is open to offering loans for businesses heavily affected by the COVID-19 pandemic. “Siguro pwedeng umutang muna para may pambayad sila (Maybe they could borrow from banks so they could pay their employees’ 13th month),” Bello told DZMM Teleradyo in an interview. Aside from borrowing from banks, Bello said the labor department is also eyeing to subsidize the 13th-month pay of employees from micro and small enterprises (MSE). Malacanang said it will discuss the matter with the Departments of Budget and Management (DBM) and Finance (DOF) to see if the government can shoulder the 13th month P13.7 billion needed to subsidize the 13th-month pay of MSE workers. Bello reiterated that there should be no deferment in the giving of 13th-month pay to employees. The labor secretary said it should be given on or before December 24, with no extensions. Employees entitled to a 13th-month pay include those who have been working at a business or company not less than a month regardless of their employment status......»»
Businesses Can’t Afford Another Lockdown: ECCP
It will be harder for businesses to survive and recover if the government will extend stringent community quarantine, European Chamber of Commerce of the Philippines (ECCP) president Nabil Francis said on Thursday. In a webinar and press conference, Francis said the current modified enhanced community quarantine (MECQ) should be the last and the government should […].....»»
What’s in style? Safe shopping.
Rustan’s goes all out with safety measures, including the latest in disinfection and sanitation. THANK YOU FOR SMOKING. Rustan’s utilizes Spanish technology Sanivir, which contains active ingredients proven to kill bacteria, molds, and coronavirus These extraordinary times have completely shifted the definition of so many ordinary words. Take, for example, “weekends.” What does a weekend even mean, when everyone is living their weekends day in, day out? People cooped up inside their homes, Netflix and chilling (or pacing, depending on current anxiety levels), wearing their Natori Fortuna Mandarin all day, as governments all over the world caution to shelter in place. Or “homecooked.” Everything’s veritably homecooked now—whether it’s cooked in your home, by you, or cooked in somebody else’s home, by an upstart baker you support because she’s your niece, or by your favorite chef, who is left with no choice but to create his oeuvres from his home kitchen. Or “luxury.” Let’s be honest. Luxury—its BC (before Covid) definition—contained overused keywords like glamour, opulence, indulgence, lavishness. But times, they’ve changed. Fancy things now seem so unnecessary, so excessive, so out of touch, so…pointless—in a world that has hastily pivoted back to the basics. Sipping tea from a Royal Albert 1980 Roseblush cup doesn’t seem as luxurious as being able to score some actual, hard-to-acquire Gold Yen Zhen tea from TWG, even if you have to gulp it from those ubiquitous bamboo cups. The pandemic has changed what luxury meant. Now, luxury is the feeling of being safely ensconced in our cocoons, safe from the virus, safe from the madding crowds. Safety is luxury. To be more accurate: Luxury is being safe, while experiencing as few inconveniences as possible. One Home, One HopeMarketers and entrepreneurs are now realizing, after putting in all necessary work to convince their clients to come back, that a sense of safety is beyond physical, it is psychological. It’s Plexiglass with perception, masks coupled with marketing. Brands, to successfully ride out these challenging times, need to do more than just tick off government checklists—they need to bank on their legacies, their ethos, their abiding sense of connection to loyal clientele. AT YOUR SERVICE. Rustan’s opened up a Sanivir desk to allow its customers to avail of its method In the travel industry, as it is in the retail industry, it’s about leveraging on your loyal clientele’s sense of home. “Home” is no longer just their place of residence, but their familiar zones. It’s about “feeling at home.” As people start to nervously and grudgingly go out, they will only want to stay and explore sacred spaces where they’ve “felt at home.” Luxury retailer Rustan’s understands this well. “Our goal for the past 70 years has always been to serve the community with great service and to provide a safe environment that feels like home,” Nedy Tantoco, chairman of Rustan Commercial Corporation, says. “In this new chapter, we are committed to the idea of ‘One Home, One Hope.’ As an establishment that has been a second home for many shoppers, we will stay dedicated in implementing thorough safety protocols to ensure that our employees and shoppers are protected and can visit us with ease of mind.” And this is why higher-end businesses like Rustan’s will flourish, despite the financial challenges Covid-19 brings. They have the space, and they obviously can very well afford to put stringent safety measures in place. Precise precautions are in their DNA. These are establishments that cater to the VVIPs, whose exacting standards they’ve always tried to meet. And it’s not just loyal clients who will seek out these private spaces—the occasional and habitual shopper will gravitate toward businesses that offer them this hushed environment. Going inside cramped little boutiques have lost their novelty, and many will shirk away from places that tend to be crowd favorites. At Rustan’s, shoppers have always counted on the intimacy of the shopping experience. Unobtrusive but alert sales personnel have always kept their distance as you scan the racks, and there’s always a sense of quiet order—a serene retail floor space, backed by an efficient team who anticipate your needs and who move with the fluidity of a well-directed orchestra. This efficiency will be in full display when you visit the store again—that is if you still haven’t since it reopened in June. Opened after three months of closure, the luxury retailer has implemented, in compliance with government regulations, security measures like foot baths, thermal scans, hand sanitation, and mandatory wearing of masks. You’ll also see staff repeatedly disinfecting touchpoints like escalator rails and elevator buttons, and alcohol dispensers are going to be ubiquitous. RETAIL WONDER. Sanivir is perfect for retail spac-es as smoke is dry and won’t stick to clothing Managers, sales associates, security personnel, and cleaners are all wearing masks, face shields, and goggles. But it’s the little touches that will remind you how they’ve set the bar high—sanitation boxes are placed in fitting rooms for clothes that are not purchased, fitting rooms are sanitized after every use, and store personnel are required to steam the clothes before putting them back on display. At the payment counter, all credit cards will be sanitized, and packages will be disinfected before being handed to the customer. At the store’s East Café, tables are separated with plastic shields, and so are the wash basins in the restrooms, which will each have a sanitary officer, whose only job is it to disinfect the toilet after every use. And that’s just the stage. Backstage, it’s just as—if not more—exacting. Introducing Sanivir, the latest in disinfection technology “Even in our employees’ canteens we have placed plastic shields to protect each of our employees while they are having their lunch break,” Nedy says. The company has required all returning employees to be tested for Covid-19. Rustan’s is also continually disinfected using Sanivir, a technology introduced in the Philippines by chemist Pinky Tobiano of KPP Powers Commodities, who is also CEO of Qualibet Testing Services. “Sanivir is a smoke disinfectant from Spain, which contains glutaraldehyde and orthopenyl phenol—two active ingredients have been tested that can kill bacteria, molds, and viruses that have been proven against coronavirus by laboratories in EU.” PINKY’S PROMISE. Pinky Pe Tobiano, the chemistwho brought the technology to the Philippines “It was great timing and serendipitous that we found the product right before the pandemic escalated to the level it is now,” Pinky tells Manila Bulletin Lifestyle. “Sanivir was both an innovative and unique product that addresses the problem we currently have—it is easy to use, cost-friendly, effective, and safe.” It is a perfect disinfectant for a retail space—it only utilizes smoke, is dry, and won’t stick to clothing. “When Pinky introduced to me her disinfection program, I immediately asked her to do my father’s house and my own house,” Nedy shares. “I was so satisfied with the service that I asked her if she could open a service desk at Rustan’s to allow our customers the chance to avail of this disinfecting method. It’s so easy. Any housewife can do it. It allows us the ease of disinfecting without a fuss. It also works for our cars. The service desk has been open for two weeks at Rustan’s Ayala Avenue. And I am happy to say that it has met full acceptance with quite a number of Rustan’s customers.” Its ease of use is an advantage. “Just open the can, remove the plastic cover of the wick, set on a flat surface, light the wick, and leave for the next six to eight hours. The smoking process lasts for only one to two minutes, then disinfection takes place for the next six to eight hours,” Pinky says. “That’s good for 14 days.” And the cost? Surprisingly very minimal. “One can of Sanivir of 25 grams is P1,750 and it’s good for 14 days for a room of 30 to 50 square meters,” Pinky says. “The cost per day is only a P125 investment. If you have five people in the room, the investment per person per day is only P25.” But for those who are not in the mood to shop in-store, Rustan’s online service has amped up its service. Apart from its website, fortuitously launched a year ago, you can also tap the Personal Shoppers on Call Service, where sales associates respond to you on Viber, after which you can have your items delivered to you, or picked up by the curbside. Nedy shares, “And very soon, we will launch our Rustan’s Concierge Service, where customers can call a single number, and will be immediately assigned a personal shopper to attend to their needs.” Now, many ways words and concepts are redefined in these troubled times—but having your own personal shopper, one who’ll do your shopping for you as you leisurely read the latest Kevin Kwan Sex and Vanity book in the comfort of your home? We’re guessing that that’s a definition of luxury that won’t likely ever change—unprecedented crisis or not. .....»»
Numerous Individuals and Businesses Profit from Trump Media Stock
Former President Donald J. Trump’s social media company, Truth Social, had a successful first official trading session on the Nasdaq, with shares surging and approaching.....»»
Lalamove empowers aspiring women entrepreneurs to start their small businesses in PangNegosyo program
Lalamove, a leading on-demand delivery platform, has launched the Panalong PangNegosyo program for its thousands of women partner drivers to give out a business-starter package to three lady riders or drivers......»»
Ministry helping improve BARMM’s business climate names 10 new officials
The Bangsamoro chief minister has filled out ten regional positions in one of the ministries under him to boost its operation as requested by business blocs enticing foreign investors to venture into viable businesses in the region......»»
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 […].....»»
2 Best Ways to Save Up for Something
Sometimes, you find yourself unable to afford something you desire. While resorting to debt might seem convenient, it’s far from ideal. Saving money is a superior alternative, albeit challenging. Often, the struggle lies in maintaining savings, as funds intended for one purpose end up diverted elsewhere. We’re all familiar with the difficulty of saving money. […].....»»
Masking, lockdown not needed for rising pertussis cases – DOH
Despite the alarming increase in pertussis cases in the country, an official of the Department of Health said there is no need for a lockdown or mandatory wearing of face masks......»»
Japan policy paper to focus on US, Philippines to counter China
Tokyo [Japan], March 23 (ANI): Japan released a draft of its annual foreign policy report stating that it will pay attention to the importance of boosting collaboration with the United States and the Philippines to counter China's assertive behaviour in the Indo-Pacific region, Kyodo news reported on Thursday. The Diplomatic Bluebook for 2024 will also underscore that Tokyo "cannot afford to waste even a moment" to solve.....»»
Japan policy paper to focus on US, Philippines to counter China
Tokyo [Japan], March 23 (ANI): Japan released a draft of its annual foreign policy report stating that it will pay attention to the importance of boosting collaboration with the United States and the Philippines to counter China's assertive behaviour in the Indo-Pacific region, Kyodo news reported on Thursday. The Diplomatic Bluebook for 2024 will also underscore that Tokyo "cannot afford to waste even a moment" to solve.....»»
GT Capital posts record high core earnings in 2023
GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»
Addressing the Philippines’ 2024 Threat Landscape: Kaspersky Launches KUMA Platform
To help Filipino businesses and organizations stay safe in cyberspace while embracing digitalization, Kaspersky announces today the launch of Kaspersky Unified Monitoring and Analysis Platform (KUMA), its integrated software solution that includes a set of functions for security information and event monitoring and management. The Philippines is expected to continue its double-digit growth towards $35B […].....»»
Article 23: Hong Kong passes tough security law after years of protests
The government announced today a new policy aimed at promoting the usage of renewable energy in businesses and households across the country. The policy includes.....»»
European businesses welcome restart of FTA talks
European businesses welcomed the restart of talks between the Philippines and the European Union for a free trade agreement, as they emphasized the importance of trade deals in promoting economic growth and stronger ties......»»