COLLAGE OF BWORLD PHOTO AND FREEPIKTwo days ago, the broadsheets reported that for June 2024, net inflows of foreign direct investment (FDI) stood at $394 million, a huge 29% drop from $555 million in June last year. Similarly, the June 2024 FDI level was more
BW FILE PHOTOTHE PESO depreciated against the dollar on Thursday after a surprise uptick in core US inflation for August dampened hopes for a big rate cut from the US Federal Reserve next week.The local unit closed at P56.20 per dollar on Thursday, weakening by
TEAM Philippines Energy Corp. (TPEC), the retail electricity arm of TeaM Energy Corp., has energized a 1.3-megawatt (MW) solar photovoltaic rooftop system for a tile manufacturing plant in Sto. Tomas, Batangas.The new solar rooftop system has increased the company’s total supplied renewable energy to Mariwasa
WIKIPEDIA.ORGAS GLOBAL ATTENTION shifts towards renewable energy and achieving net-zero emissions, the oil and gas industry’s potential to improve operational efficiency in meeting demand often gets sidelined. In the Philippines, where the goal is to achieve net-zero emissions by 2050, oil and gas will remain
THE Department of Labor and Employment’s (DoLE) various livelihood grants exacerbate underemployment instead of providing a path to sustainable, quality jobs, a University of the Philippines academic said.University of the Philippines Diliman School of Labor and Industrial Relations (UP SOLAIR) Assistant Professor Benjamin B. Velasco said
THE BANGKO SENTRAL ng Pilipinas (BSP) has issued guidelines on the compensation of trustees, officers, and employees of nonstock savings and loan associations (NSSLAs).The Monetary Board in Resolution No. 1012 dated Aug. 29 approved amendments to its Manual of Regulations for Non-Bank Financial Institutions to
BW FILE PHOTOTHE NATIONAL Grid Corp. of the Philippines (NGCP) said the increase in transmission rates, which is part of the monthly electricity bill for September, was due to higher ancillary services (AS) following the resumption of the reserve market.In a statement on Thursday, the
A McKinsey report on global banking in 2023 has an important revelation. “One aspect of banking hasn’t changed: the price-to-book (P/B) ratio, which was at 0.9 in 2022. This measure has remained flat since the 2008 financial crisis,” it said. The price-to-book ratio reflects some
Last Updated on: Edinburgh City Football Club (ECFC) of the Scottish Professional League (SPL) League 2 has announced a partnership with Nuffield Health, the UK’s largest trading charity. The collaboration will see Nuffield Health providing comprehensive health and wellbeing services to the players and staff
Last Updated on: Content Management System Faces Communication Hurdles After Meta’s DecisionJoomla, a well-established open-source Content Management System (CMS), finds itself in a challenging position after its official Facebook page was suspended by Meta. The page, which has been active since December 2007 and amassed
Last Updated on: Turning raw data into engaging business storytelling will help a company stand out in today’s data-driven economy. Raw statistics can be difficult and intimidating. When examined and presented effectively, they can reveal a story affecting stakeholders, corporate decisions, and actions. Turning data
Last Updated on: Mark Lyttleton is the Founder of Percent for Good, a charity that enables city professionals to gift 1% of their salary to support worthy causes through payroll giving. This article will take a closer look at payroll giving and its key benefits.Corporate