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Franchising industry sees 8–10 percent growth this year
The country’s largest franchising association is looking to grow franchise stores and revenues by eight to 10 percent this year as more foreign brands are interested to enter the country, while local brands continue to expand......»»
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.”.....»»
Think tank sees likelihood of BSP rate cuts starting Q2
The Bangko Sentral ng Pilipinas is expected to start cutting interest rates in the second quarter following the economic growth posted last year, according to UK-based think tank Pantheon Macroeconomics......»»
Landbank sees 2-digit earnings this year
Land Bank of the Philippines is looking at a double-digit growth in net income this year following a record performance in 2023......»»
BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
Abando back, De Liaño out in EASL Final Four in Cebu
Rhenz Abando, who played well for Gilas Pilipinas in the FIBA World Cup, makes his anticipated Philippine comeback when his Korean mother club Anyang Jung Kwan Jang sees action in the East Asia Super League Final Four tomorrow at the Hoops Dome in Lapu-Lapu City, Cebu......»»
Security Bank expects higher profit in 2024
Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
BPO industry rides AI wave
The Information Technology & Business Process Association is refreshing its 2028 industry roadmap to align its goals with the continued growth of the artificial intelligence landscape......»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
Top Industries for New Investors: A Beginner’s Handbook
Starting your investment journey is thrilling yet challenging. To guide you, focus on your goals, risk tolerance, and market trends. Success starts with picking the right industries. Explore these three beginner-friendly options for a solid start. 1. Technology Sector The tech sector, with companies like Apple and Amazon, offers growth potential. Spread your bets to […].....»»
ICT spending in AsPac reaches $1.3 trillion in 2023
Information and communications technology spending in Asia and the Pacific reached the $1.3 trillion mark in 2023, as companies increased their investments on automation and cloud to survive and thrive in the digital era......»»
Tech spending to focus on AI by 2025 – study
The largest organizations in Asia and the Pacific is seen allocating more than half of their information technology budget for the adoption of artificial intelligence starting 2025, according to the latest analysis of the International Data Corp.......»»
Designing Legacies: Alsons Dev offers forever homes through Nurtura Land and Home
For Alsons Development and Investment Corporation (Alsons Dev), building communities that provide families enduring comfort and satisfaction is the driving force behind Nurtura Land & Home, the property developer’s mid-cost housing brand......»»
From the Newsrooms: May 19 to 25, 2024
THE EXPLOSION of news during the week drove the media into a frenzy of coverage. News reports fixed public attention on the sudden resignation of Senator Juan Miguel Zubiri and his quick replacement by Senator Francis Escudero, a tumultuous shakedown in the leadership of the upper chamber. Meanwhile, Bamban Mayor Alice Guo revealed more conflicting information about her identity, driving her already incredible story in.....»»
From the Newsrooms: May 19 to 25, 2024
THE EXPLOSION of news during the week drove the media into a frenzy of coverage. News reports fixed public attention on the sudden resignation of Senator Juan Miguel Zubiri and his quick replacement by Senator Francis Escudero, a tumultuous shakedown in the leadership of the upper chamber. Meanwhile, Bamban Mayor Alice Guo revealed more conflicting information about her identity, driving her already incredible story in.....»»
Cordova’s Centennial Road now a discipline zone
LAPU-LAPU CITY, Cebu — The Municipality of Cordova has declared Centennial Road in Barangay Alegria as a discipline zone. Under the discipline zone, the laws, executive orders, and ordinances of the town will be strictly implemented. Due to this, smoking, drinking alcoholic beverages, littering, improper waste segregation, drinking while driving, and parking on sidewalks and.....»»
QC court convicts bus drivers over death of journalist Chit Estella
Both bus drivers "had the last clear chance to avoid the collision had they exercised reasonable care and precaution in driving their respective buses," the decision said......»»
Alden ‘personal’ driving instructor ngayon ni Kathryn, true ba?
LAGING nasa bahay nina Kathryn Bernardo si Alden Richards. Ito ang ibinalita sa “Showbiz Update” vlog nina Ogie Diaz, Dyosa Pockoh at Mama Loi na ibinandera sa YouTube channel recently. “Tuluy- tuloy na nga ang part 2 ng ‘Hello Love Goodbye,’ alam n’yo meron nga nagparating sa akin na nakakatuwa naman kahit na walang shooting.....»»
MMDA enforcer axed over busway breach
A Metropolitan Manila Development Authority (MMDA) enforcer was fired for driving his motorcycle through the EDSA busway on April 30......»»