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Mandaluyong barangay adopts cashless payments

Residents and workers of Barangay Namayan in Mandaluyong City can now enjoy cashless transactions in their community as the local government taps PayMaya, in cooperation with PLDT Enterprise. This is the first barangay-level “cash-lite” community initiative in the Philippines. .....»»

Source: Thestandard ThestandardCategory: FinanceOct 24th, 2020Related News

HMO taps Silicon Valley start-up

PhilCare, a leading health maintenance organization in the Philippines, is teaming up with MyGolana--the most advanced mental wellness platform in the Philippines, developed by a Silicon Valley start-up with operations in Manila......»»

Source: Thestandard ThestandardCategory: FinanceOct 24th, 2020Related News

The tyranny of choices

I used to think there was something wrong with me......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

Government foreign borrowings surge to $13 billion in 9 months

Foreign borrowings by the national government surged by 44.2 percent to $13.14 billion in the nine months to September as the country turned to the offshore debt market for more funds to bankroll key infrastructure projects and to control the COVID-19 pandemic......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

Philippines joins Asean in agriculture boost to mitigate COVID-19

The Philippines has committed to collaborate with Southeast Asian countries for a cohesive response to the pandemic in terms of agriculture and food......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

Empty slogan

Last August, the Department of Trade and Industry launched a national campaign called “Buy Local, Go Lokal,” which is aimed not only at helping micro, small and medium enterprises or MSMEs that make up the biggest part of the Philippine economy, but also at encouraging Filipino consumers to shift their buying patterns towards consuming and purchasing local produce and goods......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

Stocks extend rally, end week on high note

The local stock market ended the week on a high note, completing a full rally to close 139.43 points or 2.19 percent higher at 6,484.06......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

Only 20% of seniors covered by pension

Only 20 percent of the 7.6 million senior citizens in the country are covered by either the Government Service Insurance System or Social Security System , the Bangko Sentral ng Pilipinas (BSP) said......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

Budget deficit widens three-fold to P879.2 billion

The government incurred a nine-month budget shortfall almost three times higher than the previous year as revenues declined and expenditures soared amid the COVID-19 pandemic, the Bureau of the Treasury said yesterday......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

Bria Homes completes 5 residential projects

Villar-owned housing developer Bria Homes has completed five projects around the country even in the midst of the coronavirus outbreak, the company said in a statement......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

‘NLEX Harbor Link a boon to logistics’

The recently completed NLEX Harbor Link project is proving to be a boon to the logistics sector, catering to an average of 30,109 vehicles per day......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

Carmen Tan named LT Group vice chair

LT Group Inc. has appointed Carmen Tan as its vice chairman, a year after restoring the position previously held by taipan Lucio Tan’s brother Harry......»»

Source: Philstar PhilstarCategory: FinanceOct 24th, 2020Related News

American, Southwest Airlines improve finances, but travel prospects still dim

New York---US airlines’ continued efforts to rein in costs and step up safety measures so travelers will return to the skies paid off in results reported Thursday that showed carriers paring losses in the latest quarter......»»

Source: Thestandard ThestandardCategory: FinanceOct 23rd, 2020Related News

Pandemic-hit Americans create start-ups at record clip

Washington---Americans enduring a feeble economy and high unemployment because of the coronavirus pandemic are creating start-up companies at a record pace. .....»»

Source: Thestandard ThestandardCategory: FinanceOct 23rd, 2020Related News

Goldman Sachs paying $2.9B in penalty to settle 1MDB charges

New York---Global financial titan Goldman Sachs agreed to pay $2.9 billion in penalties to settle criminal charges in the 1MDB Malaysian bribery scandal, the largest US fine ever in a corruption case, the Justice Department announced Thursday......»»

Source: Thestandard ThestandardCategory: FinanceOct 23rd, 2020Related News

Spared by coronavirus, Seychelles suffers dearth of tourists

Victoria, Seychelles—The Seychelles, with its idyllic white beaches and luxury resorts, has had only 149 cases of Covid-19, but the global crisis caused by the pandemic has ravaged its vital tourism industry......»»

Source: Thestandard ThestandardCategory: FinanceOct 23rd, 2020Related News

Ayala Land to sell Ortigas building to REIT unit for P5.1B

Property developer Ayala Land Inc. is selling a mixed commercial development in Ortigas City to its real estate investment trust company AREIT Inc. for P5.1 billion......»»

Source: Thestandard ThestandardCategory: FinanceOct 23rd, 2020Related News

AG& P investing $315M in LNG facility in Batangas to supply fuel to Ilijan plant

Atlantic Gulf & Pacific Company of Manila Inc. plans to put up a liquefied natural gas import facility in Batangas City to supply re-gasified LNG to the 1,200-megawatt Ilijan natural gas power plant, documents filed with the Department of Environment and Natural Resources show Friday......»»

Source: Thestandard ThestandardCategory: FinanceOct 23rd, 2020Related News

Shipping lines oppose arrastre charges on empty containers

The Association of International Shipping Lines opposed a plan by the Philippine Ports Authority to introduce never-before-assessed arrastre rates on empty containers, saying any addition to shipping costs will not augur well with the country’s efforts to rebound from the impact of the coronavirus pandemic......»»

Source: Thestandard ThestandardCategory: FinanceOct 23rd, 2020Related News

URC& rsquo;s income increased P7% to P7.5B in 1st three quarters

Food manufacturer Universal Robina Corp. said Friday net income attributable to parent equity holder increased 7.2 percent in the first nine months to P7.5 billion from P7 billion in the same period last year, driven by higher operating income, lower debt and interest expense and reduced foreign exchange losses......»»

Source: Thestandard ThestandardCategory: FinanceOct 23rd, 2020Related News