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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.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 23rd, 2024

The skidding peso again?

The peso is skidding again and no one is paying attention anymore......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

‘BSP ready to mitigate excessive peso volatility’

Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Stocks up, peso breaches 56:$1

The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Peso underperformance likely to continue – MUFG

The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Cha-cha mabobokya kapag sinahugan ng term extension

Baka wala nang sumuporta sa Charter change kapag isinama ang diskusyon sa term extension ng mga opisyal ng gobyerno, babala ni Senate President Juan Miguel Zubiri. The post Cha-cha mabobokya kapag sinahugan ng term extension first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

Peso weakness could prompt rate hike anew – IMF

Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

DepEd says return to old school calendar beneficial to students, teachers

MANILA, Philippines — The Department of Education (DepEd) On Wednesday emphasized that shortening the timeframe for returning to the previous school calendar schedule would greatly affect the welfare of both students and educators. DepEd made the pronouncement after President Ferdinand Marcos Jr. said that the government is now looking for ways to bring back the.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

Maiqui padayon nga nagpatambal, nagpasalamat kang Robi: Fighting!

Bisan pa man sa iyang ka busy sa iyang trabaho, gisiguro ni Robi Domingo nga makuyogan ang iyang asawa nga si Maiqui Pineda sa iyang treatment session sa ospital. Padayon nga nagpatambal si Maiqui sa iyang rare autoimmune disease nga gitawag og “dermatomyositis,”  usa ka “uncommon inflammatory condition characterized by muscle weakness and skin rash.” Sa.....»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

Fuel-saving tips: How to save on fuel costs

CEBU CITY, Philippines—In an era of rising fuel prices and environmental concerns, saving money on fuel is not only beneficial for your wallet but also for the planet.  Whether you’re driving a gas-guzzler or an eco-friendly hybrid around the busy streets of Cebu, there are plenty of strategies you can employ to stretch your fuel.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

SEC moves to help Philippines exit from FATF gray list

The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Choco Mucho’s Madayag says PVL now more competitive after player movements

The busy offseason in the Premier Volleyball League (PVL) is beneficial for everyone, Choco Mucho star Maddie Madayag said, as it would heighten the competition in the volleyball tourney......»»

Category: sportsSource:  philstarRelated NewsFeb 9th, 2024

Filipino workforce lacks soft skills to adapt to digital age: gov t study

MANILA, Feb. 6 (Xinhua) -- Filipino workers lack soft skills, making it hard for them to adapt to the digital age, such as artificial intelligence and fast-emerging technologies, according to a government study released on Tuesday. Toward Measuring Soft Skills for Youth Development: A Scoping Study, a study conducted by the Philippine Institute for Development Studies, reveals that the Filipinos' weakness in sof.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Red Sea crisis exposing EU energy weakness - FT

Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday.    The rising p.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Groups urge to include placemaking in planning for public spaces

The push for placemaking in planning for public spaces was emphasized by various groups during a recent forum in Davao City. ATTY. Mark Peñalver, executive director of Interfacing Development Interventions for Sustainability (Idis), stressed the importance of incorporating placemaking in public space planning to not only enhance the physical environment but also to promote inclusivity. He highlighted the exclusion of certain sectors in existing public spaces and emphasized the need for stakeholders' input and acknowledgment of their stories in the planning process. Dr. Derlie Mateo-Babiano, an associate professor in Urban Planning Assistant, described placemaking as a means to transform places into spaces that people will cherish. She emphasized the significance of engaging the community in the planning process to understand their cultural, environmental, and other needs. Peñalver also cited a successful placemaking project in Davao Executive Homes, which catered to children, the elderly, and individuals with special needs, demonstrating the positive impact of placemaking. Furthermore, Peñalver advocated for the institutionalization of placemaking in the Comprehensive Land Use Plan and other development plans in Davao City. He highlighted the potential of placemaking to ensure that government projects are beneficial to the community. Architect Harold Delima, co-convenor of Placemaking Davao, discussed ongoing workshops with various demographics to integrate placemaking into the city's development. The groups involved are hopeful that placemaking will become a fundamental aspect of public space planning in Davao City, aiming to create inclusive and community-centered environments......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

ALLHC seeks dominance in cold storage space

AyalaLand Logistics Holdings Corp., the industrial parks and real estate logistics arm of Ayala Land Inc., has set its sights on becoming a formidable player in the cold storage space with a sustained double-digit growth eyed for the business over the medium-term......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

ADB eyes direct financing of renewable energy projects in Philippine

The Asian Development Bank (ADB) is looking at directly engaging with the Philippine government on financing renewable energy (RE) projects as part of its country partnership strategy (CPS) over the medium-term......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

President Marcos OKs DepEd’s basic education plan, other measures

The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, approved on Thursday three priority projects, including a medium-term basic education plan and a higher project cost for a world-class cancer center of the University of the Philippines-Philippine General Hospital (UP-PGH)......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

Marcos admin eyes building 20 new dams by 2028

To meet the country’s growing demand for water and power, the government is eyeing to build 20 medium and three to five large dams by 2028, the end of President Marcos’ term, according to National Irrigation Administration head Eduardo Guillen......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024