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BSP seen to cut rates by 100 bps this year

The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Juvenile sharks seen frolicking in shores of Santander, Cebu

CONSOLACION, Cebu – Juvenile sharks were seen frolicking off the shores of Santander town in the southernmost tip of Cebu on Tuesday, February 13. Cris Ungab Oniong captured on video the juvenile sharks seemingly playing on the shallow portions of the town’s shore when he visited Santander. The video showed the sharks swimming along the.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Newly inaugurated roads in Dalaguete seen to help farmers

Newly inaugurated roads in Dalaguete seen to help farmers.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

Security Bank earns P2.6 billion in Q1

Security Bank Corp. earned 11 percent more to P2.62 billion in the first three months from P2.36 billion in the same period last year amid the robust growth in the bank’s retail and micro, small, medium enterprise businesses......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

14th PHILSME Business Expo continues legacy of empowering SMEs

The 14th Philippine SME Business Expo (PHILSME) is set to take place from May 10 to 11 at the SMX Convention Center Manila, continuing its legacy of empowering small and medium enterprises in the Philippines......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

Palawan Group of Companies and SB Corporation join forces for enhanced payment solutions

The Palawan Group of Companies, a trusted leader in pawning and financial services, has strengthened its strategic partnership with Small Business Corporation (SB Corp.) to enhance payment solutions for micro-, small, and medium enterprises (MSMEs) across the Philippines. Established in 1991 under RA No. 6977 and subsequently amended by RA 8289 in 1997, SB Corp......»»

Category: newsSource:  inquirerRelated NewsApr 30th, 2024

China rebukes US deployment of missiles in Indo-Pacific

Beijing officials are decrying the deployment of U.S. medium-range missiles in the Asia-Pacific region for the first time since the Cold War.China's Foreign Ministry spokesman Lin Jian, at a regular press briefing Thursday, said China 'expresses grave concern" and 'strongly opposes the U.S. ... strengthening forward deployment at China's doorstep to seek unilateral military advantage.'The U.S. military on.....»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

DTI, Jollibee partner to upskill MSMEs

The Department of Trade and Industry has partnered with fast food giant Jollibee Foods Corp. and Jollibee Group Foundation to help micro, small and medium enterprise grow through upskilling......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

SEC wants SMEs to embrace sustainability

The Securities and Exchange Commission (SEC) wants to instill sustainability into the business practices of not only big companies but also the small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Bank loans used as RRR compliance hit P6.4 billion

Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

DTI, Google to Empower MSMEs and Jobseekers to be Digitally Ready

The Department of Trade and Industry (DTI) and Google Philippines announced their collaboration to help Micro, Small and Medium Enterprises (MSMEs) and jobseekers to be more digitally adept in a US Trade Mission meeting last March 11, 2024, held in Malacañang. DTI Secretary Fred Pascual expressed his appreciation of the partnership with Google and said […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

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 […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Creador invests P4 billion into Asialink

Creador, a prominent Southeast Asian private equity firm, has invested P4 billion in Asialink Finance Corp., a leading lender to small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

‘Pork prices to go up as DA limits imports’

Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Millennials, Gen Zs perk up coffee production in Philippines

Gab likes her coffee sweet, but not saccharine. And so, her go-to drink is French vanilla: medium roast coffee infused with vanilla extract with a dash of milk......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

PCCI: P100 wage hike to hurt SMEs

The proposed P100 daily minimum wage increase for private sector workers may hurt small and medium enterprise in the country as it may lead to the reduction of their workforce or even closure, the Philippine Chamber of Commerce and Industry warned......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Go Negosyo, PCCI partner for MSME development

Non-profit group Go Negosyo recently met with officials of the Philippine Chamber of Commerce and Industry as part of efforts to intensify its partnerships with the country’s largest business groups to align with the government’s push to drive development through micro, small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25

New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25

New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

A Guide for Entrepreneurs on Managing Teams from Afar

Running a micro, small, or medium enterprise (MSME) often feels like navigating chaos, and as the business owner, you are the one assigned to straighten things up. But what happens when you need to step away, leaving your team to carry on without your immediate guidance? Managing a team remotely requires finesse, and this challenge […].....»»

Category: newsSource:  metrocebuRelated NewsJan 15th, 2024