REUTERSTHE ENHANCED PESO interest rate swap market is set to open on Monday (Nov. 18), a move the Bangko Sentral ng Pilipinas (BSP) said will mark a “significant step toward boosting trading and liquidity in the domestic bond market.”The Bankers Association of the Philippines (BAP)
A worker counts US dollar bills and Philippine pesos inside a money changer in Manila. — REUTERSBy Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES is expected to finally exit the Financial Action Task Force’s (FATF) “gray list” by February, the Anti-Money Laundering Council (AMLC)
PEXELS-PIXABAYBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINES’ external debt service burden fell at the end of August as principal payments declined, preliminary data from the central bank showed.Data from the Bangko Sentral ng Pilipinas (BSP) showed debt servicing on external borrowings dropped by 3.8%
Fans attend a Seventeen concert at the Philippine Arena. — CRECENCIO I. CRUZBy Justine Irish D. Tabile, ReporterCAMILLE DELOS SANTOS, a 29-year-old government worker from Palawan province, spent P35,000 to watch the concert of K-pop boy band Seventeen in Bulacan north of the Philippine capital
By Bjorn Biel M. Beltran, Special Features and Content Assistant EditorAs the years pass, the pressure for sustainability becomes ever more pressing. The climate crisis, resource scarcity, and social inequality are all complicated issues that demand immediate and innovative solutions, and as a result the
www.phstartupweek.comBy Jomarc Angelo M. Corpuz, Special Features and Content WriterThe Innovative Startup Act (ISA) Steering Committee, led by the Department of Science and Technology (DoST), Department of Trade and Industry, and Department of Information and Communications Technology, recently held the 6th Philippine Startup Week 2024
Remotify Founder and Chief Executive Officer Maria SucgangBy Mhicole A. Moral, Special Features and Content WriterAn outsourcing startup wins the inaugural pitch competition of the annual GrowthCon PH earlier this November.Remotify, an outsourcing firm specializing in remote hiring for small and medium enterprises, won the
Barun Jolly — Photo by Carl John Griño and Andrew Ortoño/The FreemanBy Patricia B. Mirasol, Multimedia ProducerCompanies that communicate their sustainability efforts enable their customers to become ambassadors of sustainability, according to a hospitality expert.Small changes in everyday operations can have a big impact in
Victoria Castro, Janis Tan, and Maria Angelica Candava, BSBA Sustainability Management students, along with Director of Academics and Sustainability Management Program Head Mhyles D.G. Oliva, celebrating their win from the EDUtech Sustainability Challenge at Marina Bay SandsStudents from Enderun Colleges emerged as the champion in
PHILIPPINE STAR/MIGUEL DE GUZMANSAN MIGUEL-LED New NAIA Infra Corp. (NNIC) plans to resolve all issues to demolish the abandoned Philippine Village Hotel beside the Ninoy Aquino International Airport (NAIA) by next year to make way for a new terminal, a company official said.“The Philippine Village
ACENRENEWABLES.COMACEN Corp.’s subsidiary Giga Ace 8, Inc. plans to expand its solar farm in Palauig, Zambales to 420 megawatts-peak (MWp) from 346 MWp for P26 billion.In a document submitted to the Department of Environment and Natural Resources, Giga Ace 8 proposed increasing the capacity and
BW FILE PHOTOBy Beatriz Marie D. Cruz, ReporterFEMALE-CENTERED healthcare technology (femtech) solutions provider Kindred plans to open three hybrid clinics outside Metro Manila to expand healthcare access for women in rural areas, its founder said.“We’re still building our new solutions, new physical clinics… Right now,