PH needs to empower more women consumers, entrepreneurs to drive economic growth
The Philippines has made progress in promoting gender equality and women’s economic empowerment, but much work remains to be done.
Business
Read More
BDO Partners with Japan’s Hyakujushi Bank
BDO Unibank Inc. (BDO) signed a business alliance agreement through a memorandum of understanding (MOU) with The Hyakujushi Bank Ltd. (HBL), a leading regional bank based in Kagawa Prefecture. With 132 branches including satellite offices and commercial banking services, HBL is the 16th Japanese bank which has partnered with BDO.
Innovation pushed to boost agri logistics, lower food prices
Local food producers have proposed innovative ways to improve the overall system of transporting produce from the farm to the consumers to help reduce the retail prices of agricultural goods. Addressing the Philippine Chamber of Agriculture and Food, Inc. (PCAFI) press briefing Wednesday, Air21 founding chair Alberto Lina said it is possible to substantially reduce the prices of food if gaps in…
Biz groups to Congress: Spend con-con budget on priority projects
A number of business aggrupations has urged members of Congress and the national government to shift the budget for the proposed constitutional convention (con-con) to priority projects and measures that will better address the challenges confronting the country. In a joint statement, the Filipina CEO Circle, the Financial Executive Institute of the Philippines, Justice Reform Initiative, Makati Business Club, Philippine Women’s Economic Network,…
BSP to focus on addressing inflation as peso stabilizes
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla has said that with the peso now stabilizing against the United States dollar, they will focus their attention in addressing the elevated inflation rate, which is expected to return to within-target levels by October 2023. Addressing the recent Chamber of Thrift Banks (CTB) general membership meeting in Makati, Medalla said monetary authorities are not worried…
Australian gov’t to help PH attract more infra investments
Through and under a scheme interestingly referred to as Partnerships for Infrastructure (P4I) program, the Australian government has committed to help the Philippines attract and lure investments in key infrastructure projects in the country. At the P4I launch in Pasay City last Friday, Australian Ambassador to the Philippines Hae Kyong Yu PSM said the program will provide infrastructure advisory support to the Philippine government especially in choosing what type…
Inflation helps increase remittance inflows
Disdained by most people, inflation also helps promote certain benefits like increasing remittances by overseas Filipino workers to their families back home.
Salceda bats for cheaper ways for Filipinos to invest
A lawmaker on has underscored the need to pass a legal framework for collective investment schemes (CIS) to make it easier and cheaper for working Filipinos to invest in legitimate securities. At the recent House Committee on Economic Affairs hearing, Albay Rep. Joey Salceda said investors need to shell out significant amounts of cash to make investments in “clunky”…
SEC grants amnesty on non-filing, late filing of reports
The Securities and Exchange Commission (SEC) has opted to grant corporations and other regulated business entities an amnesty on the late and non-filing of certain reportorial requirements. On March 15 SEC issued its Memorandum Circular No. 2, Series of 2023, or the Grant of Amnesty for Non-filing and Late Filing of the General Information Sheet…
Technically speaking, trend is your friend
For an investment instrument as volatile as stocks, is it still possible to predict how stock prices will move at a given time?