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Gaming revenues beat target, hit record P285 billion in 2023
The local gambling industry continued to take advantage of increased operational capacity, with its gross gaming revenues exceeding targets and hitting a record P285 billion in 2023......»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
DigiPlus doubles thrill with BingoPlus Poker, TongIts+
DigiPlus Interactive Corp. (DigiPlus), one of the fastest-growing digital entertainment companies in the country, continues to expand its product offerings with BingoPlus Poker and Tongits+. .....»»
Global Dominion commits to further introducing Sangla OR/CR in Philippines
Car collateral loan, also known as vehicle mortgage loan and now more commonly called Sangla OR/CR (official receipt and certificate of registration), is not a product many Filipinos are aware of......»»
Calapan City Stores Sell Banned Beauty Creams Laced with Mercury
Quezon City. Pakistan-made beauty creams that have been banned for being contaminated with mercury, a highly toxic chemical, have found their way to the “Green City of Calapan.” During a recent visit to the capital city of Mindoro Oriental Province, the EcoWaste Coalition found at least three cosmetic product stores selling the notoriously toxic Goree […].....»»
Global Dominion commits to further introducing Sangla OR/CR in Philippines
Car collateral loan, also known as vehicle mortgage loan and now more commonly called Sangla OR/CR (official receipt and certificate of registration), is not a product many Filipinos are aware of......»»
Mega Prime acquires Jimm’s Coffee Mix
Canned sardines maker Mega Prime Foods Inc. is adding coffee in its product portfolio with the acquisition of select assets of Goldshine Pharmaceuticals Inc., the company behind Jimm’s Coffee Mix products......»»
Is there a Sriracha shortage looming? Company halts production until after Labor Day
California-based Huy Fong Foods, the renowned maker of the popular sriracha hot sauce, has issued a warning about an impending shortage of their signature product......»»
Yes, Giving Leaflets are Still a Thing (But Here’s How to Do It Right)
As digital marketing practices and social media blitzes are now and will be the trend in the foreseeable future, it’s easy to dismiss the humble leaflet as an outdated relic. However, don’t underestimate the power of a well-designed and strategically distributed leaflet. The bottom line is that the more people get to see your product […].....»»
What Comes First: Product Development or Branding?
For future entrepreneurs who are still just on the brink of taking the ultimate gamble, the question of where to begin can already be a great setback. Should you meticulously develop the perfect product before building your brand, or should branding be at the forefront from the outset? These two will are great factors to […].....»»
Construction materials firm promotes green homes with sustainable products
A pioneer in the construction material industry and top brand in Thailand showcased during the 2024 Construction Exhibit (CONEX) some of its ground-breaking product innovation, sustainability and durability......»»
Megan Young itinanggi ang ‘pregnancy rumors’: Busog lang!
TINULDUKAN na ni Megan Young ang kumakalat na chikang buntis siya sa first baby nila ni Mikael Daez. Kamakailan lang kasi, naging agaw-pansin ang recent Instagram video ng couple na nasa Boracay Island at may pino-promote na mga sunscreen product. Maraming netizens ang nag-react sa nasabing post at sinabing mukhang nagdadalang-tao na ang beauty queen......»»
Over 100 international education agents join Cebu ESL fam tour
MANDAUE CITY, Cebu – Cebu hosted over a hundred international education agents from five Asian countries, who came here for the Grand ESL (English as a Second Language) International Familiarization Tour, the biggest of its kind since the Philippines launched education as a tourism product in 2010. The agents from Japan, China, Taiwan, Vietnam and.....»»
Petron rolls back LPG price by P11 per 11-kg cylinder
MANILA, Philippines — Petron Corp. slashed the price of its liquefied petroleum gas product after implementing increases for three consecutive months this year. In its advisory, Petron said its LPG price was cut by P1 per kilogram (kg) or a total of P11 per 11-kg cylinder effective April 1 at 12 noon. “This reflects the.....»»
Davao City among richest cities outside Metro Manila
Davao City was hailed as the ninth richest city outside Metro Manila, while Davao Oriental was the fourth fastest-growing province and highly urbanized city (HUC), based on the Provincial Product Accounts (PPA) of the Philippine Statistics Authority (PSA)......»»
PDEA warns vs. proliferation of Marijuana-flavored vapes
MANILA, Philippines — The Philippine Drug Enforcement Agency (PDEA) has cautioned the public on the proliferation of electronic cigarettes or vape containing marijuana oil. It issued the warning after monitoring an upsurge in the product’s presence nationwide during its recent anti-illegal drugs operations. PDEA also said the item is illegal and it poses health risks......»»
CARD MBA marks 24th year with AcciPlan launch and notable achievements
CARD Mutual Benefit Association (CARD MBA) highlighted its latest microinsurance product, AcciPlan, during its 24th anniversary celebration, on September 7, 2023......»»
Century Pacific expands and extends coco product supply agreement with Vita Coco
Century Pacific Food said that it has entered into a new agreement with The Vita Coco Company, which CNPF describes as a “global leader in the coconut water category”, to supply Vita Coco with 90 million liters of coconut water over the next five years......»»
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 […].....»»
Motolite urges users to secure e-warranty
Leading automotive battery brand Motolite is urging its customers to secure their product warranty online and, at the same time, get a chance to win prizes in a raffle promotion......»»