Pinoy Business News

Pinoy Business News

  • ‘Never bet against America,’ Warren Buffett advises investors
    by dlejano on February 28, 2021 at 2:22 am

    WASHINGTON — Ninety-year-old billionaire Warren Buffett reaffirmed his fervent belief in the American Dream in a letter to investors published Saturday — advising them never to bet against the country despite its many problems. “In its brief 232 years of existence, there has been no incubator for unleashing human potential like America,” he said in The post ‘Never bet against America,’ Warren Buffett advises investors appeared first on Inquirer Business.

  • Pandemic won’t stop this culinary school from opening
    by clopez on February 27, 2021 at 9:20 pm

    Aside from restaurants, culinary schools were also greatly affected by the pandemic. Teaching cooking is something that at some point would need IRL (in real life) presence as eating is something that is experiential. No matter how well you describe something verbally online, food must be tasted, smelled, even touched in order to fully experience The post Pandemic won’t stop this culinary school from opening appeared first on Inquirer Business.

  • Is it time to let your property go?
    by Richard Carvajal on February 27, 2021 at 4:04 pm

    If you’re a real estate investor, you know that acquiring a new property offers a certain thrill. It’s like going on a new financial adventure, and it’s another opportunity for you to grow your investment and turn it into a rewarding income stream. If your favorite real estate strategy is to buy and hold, then

  • Huawei: Innovation offers window of hope
    by Jing Garcia on February 27, 2021 at 4:03 pm

    At the recent Mobile World Congress 2021 in Shanghai, technology giant Huawei raised matters on the huge impact that Covid-19 brought to countries, enterprises and people around the world, as well as the role technology plays in combating the pandemic. “Innovation isn’t just about solving the challenges we face today,” said Ken Hu, deputy chairman

  • Social audio is the next big thing
    by Noemi Lardizabal-Dado on February 27, 2021 at 4:02 pm

    When I look back at my grief journey, the turning point came when I became a blogger 15 years ago. Over a thousand posts are now archived on my blog, “Touched by an Angel.” Visitors would find it difficult to search hundreds of posts that focus on coping with grief and loss. On my 15th

  • 5G: Changing the game for network performance, security
    by Tony M. Maghirang on February 27, 2021 at 4:01 pm

    In 2020, remote work became the norm as organizations worldwide were forced to rapidly change their operational models. Once the coronavirus pandemic started subsiding and some employees returned to the office, many others continued working from home and will do so in the foreseeable future. Thus, “work” is increasingly viewed as something we do as

  • Group questions effectiveness of additional cost on car imports
    by Louella Desiderio on February 27, 2021 at 4:00 pm

    Consumer advocacy group Laban Konsyumer Inc. is questioning the effectiveness of the provisional safeguard measures on passenger car and light commercial vehicle imports.

  • Landbank expands presence in Mindanao
    by Czeriza Valencia on February 27, 2021 at 4:00 pm

    State-run Land Bank of the Philippines opened its first offsite ATM and cash deposit machine center in Mindanao as it seeks to further strengthen its presence in unbanked and underserved municipalities.

  • Renewable power projects for agriculture, fishery sectors eyed
    by Danessa Rivera on February 27, 2021 at 4:00 pm

    The Department of Energy and Department of Agriculture (DA) will pilot renewable energy projects in the agriculture and fishery sectors to promote the use of clean energy in boosting food security.

  • MSMEs sell over P360 million via Go Lokal!
    by Louella Desiderio on February 27, 2021 at 4:00 pm

    Sales generated through the Go Lokal! market access program for micro, small and medium enterprises have reached over P360 million as of November last year, the Department of Trade and Industry said.

  • Robinsons Retail income down 25%
    by Iris Gonzales on February 27, 2021 at 4:00 pm

    Robinsons Retail Holdings Inc., the listed retail arm of the Gokongwei Group, posted a net income of P2.9 billion last year, down 25.2 percent from 2019.

  • Family business: Missing middle no more?
    by Atty. Alex B. Cabrera on February 27, 2021 at 4:00 pm

    One thing you can bet on when it comes to a family business is that the family will protect the family asset.

  • Insurance industry gets a boost
    by Mary Ann LL. Reyes on February 27, 2021 at 4:00 pm

    One industry that has received a much-needed boost from the COVID-19 pandemic is private insurance.

  • BSP, NPC outline policy roadmap for e-banking
    on February 27, 2021 at 4:00 pm

    The Bangko Sentral ng Pilipinas and the National Privacy Commission have outlined the policy roadmap to accelerate e-banking services to help consumers and businesses cope with the disruptions of the COVID-19 pandemic.

  • Budget gap widens to record P1.371 trillion
    by Czeriza Valencia on February 27, 2021 at 4:00 pm

    Czeriza Valencia

  • Leading people during the downturn
    by Francis J. Kong on February 27, 2021 at 4:00 pm

    “Cost-cutting measures are in place. Preservation of resources. Cut down on marketing and training; these are expenses we do not need during the downturn.”

  • Farmgate price ng baboy hindi na kayang babaan, ayon sa pork producers group
    by ABS-CBN News on February 27, 2021 at 9:40 am

    Unang umalma ang mga trader at biyahero sa farmgate price na ibinibigay ng mga hog raiser sa P210 at P200 kada kilo. Dahilan umano ito para ipasa nila ang mataas na presyo sa mga mamimili. 

  • ALAMIN: Inaasahang taas-presyo ng gasolina sa pagpasok ng Marso
    by ABS-CBN News on February 27, 2021 at 8:24 am

    MAYNILA - Inaasahan ang oil price hike sa Martes, ayon sa mga taga-industriya.   

  • Business Mentor: Shaping the future with entrepreneurial education
    by Armando Bartolome on February 27, 2021 at 4:18 am

    Entrepreneurial education aims to prepare students to develop crucial life skills that will serve them well beyond the classroom walls. 

  • Global stocks slump despite drop in bond yields
    by ggaviola on February 27, 2021 at 4:13 am

    NEW YORK – Stocks slumped worldwide on Friday despite a drop in bond yields, as rattled investors did not step in to pick up bargains. The dollar rose against its main rivals in anticipation of the US Congress later Friday voting later Friday on President Joe Biden’s enormous $1.9-trillion economic rescue package. Oil prices fell The post Global stocks slump despite drop in bond yields appeared first on Inquirer Business.

  • Blue chips rally PSEi amid tumultuous day for regional markets
    by clopez on February 26, 2021 at 9:18 pm

    The local stock barometer bucked the bloodbath seen across regional markets on Friday as domestic investors picked up battered blue chips, making up for the heavy foreign selling.The Philippine Stock Exchange index (PSEi) firmed up by 38.91 points or 0.58 percent to close at 6,794.86, outperforming stock markets in the region which mostly tumbled on The post Blue chips rally PSEi amid tumultuous day for regional markets appeared first on Inquirer Business.

  • PH exports get preferential tariff from UK
    by clopez on February 26, 2021 at 9:14 pm

    Philippine exports under the Generalized Scheme of Preference (GSP) will continue to enter the United Kingdom tariff-free this year through its own GSP, the Department of Trade and Industry (DTI) said. The UK GSP replicates the market access and benefits provided by the European Union’s GSP+. The Philippines is included in the UK GSP’s Enhanced The post PH exports get preferential tariff from UK appeared first on Inquirer Business.

  • War chest to fight COVID-19 hits $38.12B
    by clopez on February 26, 2021 at 9:12 pm

    The additional P45-billion equity injected into government financial institutions (GFIs) this month further raised the Philippines’ war chest to fight COVID-19 to $38.12 billion (P1.86 trillion), Asian Development Bank (ADB) data released Friday showed. The ADB’s COVID-19 policy database showed a higher total amount of policy measures to address the health and socioeconomic crises caused The post War chest to fight COVID-19 hits $38.12B appeared first on Inquirer Business.

  • Two daggers to the swine industry’s heart
    by clopez on February 26, 2021 at 9:10 pm

    There are two daggers that can kill the swine industry. The first dagger is the very low price ceiling for pork at P270-300/kg. There is even less pork available today because the value chain players cannot make enough money to survive at these low prices. There was inadequate consultation and study in determining those levels. The post Two daggers to the swine industry’s heart appeared first on Inquirer Business.

  • Beyond ordinary lifestyle in culture-rich Bacolod
    by clopez on February 26, 2021 at 7:40 pm

    It bears that resounding promise of convenience, exclusivity and affluence set amid the resplendence of Bacolod’s rich culture and heritage. Nara Residences brings to Bacolod Rockwell Land’s signature flair in creating a much sought elevated lifestyle for the discerning few. As Rockwell Land’s first high-end residential condominium development in this Visayan city, Nara Residences now The post Beyond ordinary lifestyle in culture-rich Bacolod appeared first on Inquirer Business.

  • REIT here, right now
    by clopez on February 26, 2021 at 7:34 pm

    The Philippine government enacted the Real Estate Investment Trust (REIT) law in 2009 with a stated goal of “democratizing wealth” and attracting more foreign investment into the property sector. According to the Securities and Exchange Commission (SEC), “REITs allow Filipinos to invest in the real estate market without owning actual property or the disadvantages of The post REIT here, right now appeared first on Inquirer Business.

  • The City of Smiles, the land of opportunities
    by clopez on February 26, 2021 at 7:32 pm

    If you’re looking for happiness in the Philippines, many would immediately direct you to the land of Bacolod. Known as the “City of Smiles,” this northwestern city on the island of Negros is famous for its cheerful people, mouthwatering delicacies and colorful MassKara Festival. This sunny Visayan city is also a tourist’s haven because of The post The City of Smiles, the land of opportunities appeared first on Inquirer Business.

  • A guide for the REIT decision
    by clopez on February 26, 2021 at 7:32 pm

    The Real Estate Investment Trust (REIT) has been creating a lot of buzz in the local capital market over the past year. A new type of investment instrument, REIT is a company established principally for the purpose of owning income-generating real estate assets that can provide a return to investors from rental income. It has The post A guide for the REIT decision appeared first on Inquirer Business.

  • Exploring Bacolod’s beauty
    by clopez on February 26, 2021 at 7:30 pm

    Local travel restrictions are slowly being eased and we’re all waiting in great suspense for the COVID-19 vaccines to finally reach our shores. On that account, we can’t help but make travel plans already, saving wishlists on our phones of the places we’d like to visit once it is safe and possible. One favorite destination The post Exploring Bacolod’s beauty appeared first on Inquirer Business.

  • More than just a getaway
    by clopez on February 26, 2021 at 7:28 pm

    Relocating has become a serious consideration for many because of COVID-19. Some tourist cities, far less busy and dense, are good places to scout for would-be addresses. But can they be more than just vacation spots? Bacolod certainly can be. We asked friends born and raised in this Visayan city and, thanks to their Bacolodnon The post More than just a getaway appeared first on Inquirer Business.

  • Newest REIT player’s solid portfolio makes for a great investment
    by clopez on February 26, 2021 at 7:26 pm

    It’s one attractive investment option that holds much promise. DoubleDragon Properties is tapping the real estate investment trust market through DDMP REIT Inc., which is set to offer 5.94 billion common shares to the stock market while another 594.25 million common shares may be offered as overallotment. This provides investors a new asset class that The post Newest REIT player’s solid portfolio makes for a great investment appeared first on Inquirer Business.

  • Magnum opus, The Galleon sets sail
    by clopez on February 26, 2021 at 7:24 pm

    Like a ship coming ashore, The Galleon will be a spectacle in Ortigas Center upon its completion in 2028. Delivered by established developer Ortigas Land, this premier project will surely charm onlookers. The Galleon is a magnum opus, showcasing Ortigas Land’s acumen and willingness to please increasingly discerning homebuyers. The spires on the towers represent The post Magnum opus, The Galleon sets sail appeared first on Inquirer Business.

  • Trendy tiles to spruce up your space
    by clopez on February 26, 2021 at 7:22 pm

    The tiles we apply on our walls and floors can make or break the spaces we are trying to design. There are so many factors to consider, including shape, size, color, design, texture, durability and so much more. With so many options in the market and the costs that this project entails, we must be The post Trendy tiles to spruce up your space appeared first on Inquirer Business.

  • Suntrust rises as one
    by clopez on February 26, 2021 at 7:20 pm

    Suntrust Properties Inc. is all set to bounce back. With the theme “We Rise As One,” the property developer recently hosted the SPI 2020 Annual Awards and 2021 Sales Kick-off via a virtual ceremony on Zoom. The scaled down sales event may be far from the annual gala that everyone in the Suntrust family has The post Suntrust rises as one appeared first on Inquirer Business.

  • More than just a promise of premium living experience
    by clopez on February 26, 2021 at 7:16 pm

    “I made the right choice.” This is what developer Ovialand wants its homeowners to exclaim when they sit pretty in their living room one day and take a good look at their abode. Ovialand began building “the right choice” in 2015 when it launched Terrazza de Santo Tomas in Santo Tomas, Batangas. It took the The post More than just a promise of premium living experience appeared first on Inquirer Business.

  • Form in real contracts
    by clopez on February 26, 2021 at 7:14 pm

    “A verbal contract isn’t worth the paper it’s written on,” said Samuel Goldwyn, an American-Polish film producer. As a general rule, parties only need to consent to the terms of their contract so as to perfect or give effect to it—that is, they become bound to what has been expressly stipulated and all the consequences The post Form in real contracts appeared first on Inquirer Business.

  • Transform your home inside and out with premium European tile brands
    by clopez on February 26, 2021 at 7:12 pm

    Tiles are an essential part of home finishing. With its neutral colors, vibrant patterns, natural elements, chic abstract designs, tiles can set the tone and ambiance depending on the style you’re trying to achieve. In selecting the right tiles, you need to consider both quality and design. European tiles cover both. You can find an The post Transform your home inside and out with premium European tile brands appeared first on Inquirer Business.

  • Ohmyhome shares tips on personal finances and savings
    by clopez on February 26, 2021 at 7:10 pm

    When work stress hits, can guilty pleasures be far behind? Sometimes we write off our costly designer coffee as a “harmless” reward for our hard work or load our online shopping cart for a fleeting moment of joy. But are these indulgences the way to a stable future? While we could all use an occasional The post Ohmyhome shares tips on personal finances and savings appeared first on Inquirer Business.

  • CDM and Lazada host inaugural LazUCon for over 20k eCommerce industry peers
    by Vida Lacano on February 26, 2021 at 5:36 pm

    MANILA, Philippines – Certified Digital Marketer (CDM), the pioneer in Digital Marketing education and transformation, teams up again with Lazada, the leading eCommerce platform in the Philippines for continuing the advancement of seller education. Through Lazada’s learning and education portal Lazada University, the “Year of Learning Online” (YOLO) program was launched at the recently held The post CDM and Lazada host inaugural LazUCon for over 20k eCommerce industry peers appeared […]

  • PH shares buck global rout, but post 3rd weekly loss
    by ABS-CBN News on February 26, 2021 at 5:33 pm

    Philippine shares bucked a global rout that stemmed from a rise in US bond yields.

  • Fiscal sustainability to support PH growth
    by Mayvelin U. Caraballo, TMT on February 26, 2021 at 4:55 pm

    Finance Secretary Carlos Dominguez 3rd emphasized on Friday the importance of fiscal sustainability and a solid financial system to the Philippines’ economic recovery from the coronavirus pandemic. During The Manila Times Economic Forum 2021: Rising from the ashes: From pan-Asian to pan-Global, Dominguez said that while the government expected the economy to rebound strongly and

  • BSP: Feb inflation to hit over 2-yr high
    by Mayvelin U. Caraballo, TMT on February 26, 2021 at 4:51 pm

    The country’s headline inflation could have picked up to 4.7 percent this month on higher global oil and fish prices, the Bangko Sentral ng Pilipinas (BSP) projected on Friday. In a statement, BSP Governor Benjamin Diokno said February’s point inflation estimate was within the central bank’s 4.3- to 5.1-percent forecast range. The outlook was faster

  • Nearly $98M in ‘hot money’ enters PH in Jan
    by Mayvelin U. Caraballo, TMT on February 26, 2021 at 4:36 pm

    Net foreign portfolio investments worth almost $98 million entered the country in the first month of 2021, the Bangko Sentral ng Pilipinas (BSP) reported on Friday, citing recent political events in the United States and Covid-19-related developments as among the reasons. Central bank data showed that net inflows of these investments, or “hot money” —

  • ‘Southeast Asia to bounce back in 2021’
    by Faye Almazan on February 26, 2021 at 4:34 pm

    A former Cabinet official sees the Southeast Asian economy to rebound from the coronavirus crisis and rise by 6 percent this year, saying growing urbanization and infrastructure development are boosting the region’s growth prospects. During The Manila Times Economic Forum 2021: Rising from the ashes: From pan-Asian to pan-Global on Friday, Jose Isidro “Lito” Camacho,

  • Bargain hunting, vaccine arrival bolster PH shares
    by Faye Almazan on February 26, 2021 at 4:33 pm

    Late bargain hunting and positive sentiment on the anticipated arrival of the much-talked-about Sinovac coronavirus vaccines in the country lifted the stock market on Friday. The benchmark Philippine Stock Exchange index (PSEi) inched up by 0.58 percent or 38.91 points to end at 6,794.86 while the wider All Shares climbed by 0.49 percent or 20.14

  • Nearly 85,000 hogs sent to NCR – DA
    by Jordeene B. Lagare on February 26, 2021 at 4:29 pm

    Metro Manila has received nearly 85,000 live hogs from various parts of the country as of Thursday to further augment its supply, according to the Department of Agriculture (DA). A department report said on Friday that 84,365 live hogs and 507,739 kilograms of carcasses have been transported to the capital. Of the hogs shipped, Region

  • Japan's coronavirus-linked bankruptcies hit monthly record
    by Kyodo News on February 26, 2021 at 1:53 pm

    The number of coronavirus pandemic-induced corporate bankruptcies in Japan reached a monthly record of 126 in February, with the restaurant and apparel industries hardest hit, a survey by a credit research company showed Friday.

  • Facebook switches news back on in Australia, signs content deals
    by Renju Jose and Jonathan Barrett, Reuters on February 26, 2021 at 1:40 pm

    Facebook Inc ended a one-week blackout of Australian news on its popular social media site on Friday and announced preliminary commercial agreements with three small local publishers.

  • Mas mataas na price ceiling sa baboy irerekomenda
    by ABS-CBN News on February 26, 2021 at 12:43 pm

    Dapat iakyat ang price ceiling ng baboy, ayon sa isang opisyal ng Department of Agriculture. 

  • DoubleDragon REIT IPO gets OK from PSE, set for market debut on Mar. 23
    by ABS-CBN News on February 26, 2021 at 12:13 pm

    DoubleDragon's DDMP REIT Inc. is all set for stock market debut on March 23, as the Philippine Stock Exchange approved its planned initial public offering (IPO) on Friday. 

  • Dominguez: PH needs ‘more years’ to fully recover losses from pandemic
    by Bruce Rodriguez, ABS-CBN News on February 26, 2021 at 11:33 am

    Finance Secretary Carlos Dominguez III said the local economy will need "more years" to go back to its pre-pandemic levels as the country continues to stagger from the impacts of COVID-19.

  • Dominguez sees OK of 14 reform measures before legislators get busy with 2022 campaign
    by dmorcoso on February 26, 2021 at 9:47 am

    MANILA, Philippines—To complete structural reforms that the administration wanted to put in place before President Rodrigo Duterte steps down from office next year, the executive and legislative branches would work together to pass 14 bills before legislators get preoccupied with the campaign for the 2022 elections. Finance Secretary Carlos Dominguez III told an economic forum The post Dominguez sees OK of 14 reform measures before legislators get busy with 2022 campaign appeared first on […]

  • Why might a child need bone marrow transplant?
    by vcatibog on February 26, 2021 at 9:47 am

    For some children with cancer and blood disorders, a bone marrow transplant (BMT) can be their best hope to beat the condition. According to the World Health Organization (WHO), the most common categories of childhood cancers include leukemias and lymphomas. The most common pediatric cancer in the Philippines is acute lymphoblastic leukemia. Signs and symptoms The post Why might a child need bone marrow transplant? appeared first on Inquirer Business.

  • Inflation likely within 4.3 to 5.1 percent in February: Bangko Sentral
    by ABS-CBN News on February 26, 2021 at 9:36 am

    Inflation could settle between 4.3 percent to 5.1 percent range in February, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Friday.

  • Bitcoin falls over 6% to lowest in two weeks
    by kadraneda on February 26, 2021 at 9:32 am

    LONDON — Bitcoin fell as much as 6% on Friday to its lowest in two weeks, as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets. The world’s biggest cryptocurrency slumped as low as $44,451 before recovering some of its losses. It was last trading down 1.3% at The post Bitcoin falls over 6% to lowest in two weeks appeared first on Inquirer Business.

  • Britain sets out blueprint to keep fintech ‘crown’ after Brexit
    by kadraneda on February 26, 2021 at 9:32 am

    LONDON — Brexit, Covid-19, and overseas competition are challenging fintech’s future in Britain and the country should act to stay competitive, a government-backed review said on Friday. Britain’s departure from the European Union has cut the fintech industry’s access to the world’s biggest single market, making the UK less attractive for fintechs wanting to expand The post Britain sets out blueprint to keep fintech ‘crown’ after Brexit appeared first on Inquirer Business.

  • Robinsons Retail net profit drops 25 pct to P2.9 billion in 2020
    by ABS-CBN News on February 26, 2021 at 9:24 am

    Robinsons Retail Holdings Inc. saw a 25 percent drop in net income last year to P2.9 billion versus 2019's P3.9 billion, as fewer people are going out to buy in stores amid the COVID-19 lockdown restrictions.

  • PH firms 'fairly aggressive' in demand for apps, analytics, cloud adoption: Amazon Web Services
    by Nika Lazo, ABS-CBN News on February 26, 2021 at 9:11 am

    The demand of Philippine firms for mobile applications and data analytics is "fairly aggressive", and is driving the growth for cloud adoption in the Philippines.

  • China Bank bucks pandemic downturn, posts double-digit profit growth
    by dmorcoso on February 26, 2021 at 8:55 am

    MANILA, Philippines—Sy family-led China Banking Corp. bucked the downturn in corporate earnings caused by the COVID-19 pandemic in 2020, posting a double-digit growth in profits while hitting the P1-trillion milestone in asset base. Net profit in 2020 rose by 20 percent to P12.1 billion, despite a hefty increase in provisions against probable loan losses. This The post China Bank bucks pandemic downturn, posts double-digit profit growth appeared first on Inquirer Business.

  • Ayala takes over QualiMed
    by dmorcoso on February 26, 2021 at 8:53 am

    MANILA, Philippines—The Ayala group has raised its stake in the health care sector—which is on the frontline of the prolonged fight against the COVID-19 pandemic—with the completion of a deal to take over the QualiMed hospital chain. Ayala Healthcare Holdings Inc. (AC Health), through Healthway Philippines Inc., has completed its acquisition of a majority stake The post Ayala takes over QualiMed appeared first on Inquirer Business.

  • PLDT: Smart expands 5G network nationwide with new sites in Benguet, Mindanao
    by ABS-CBN News on February 26, 2021 at 8:52 am

    PLDT Inc said Friday its wireless unit Smart Communications Inc expanded its 5G network coverage in the country including new sites in Benguet, Misamis Oriental and Zamboanga Sibugay. 

  • Budget deficit grows to record P1.37T in 2020 amid COVID-19 underspending
    by dmorcoso on February 26, 2021 at 8:43 am

    MANILA, Philippines–The Philippines’ budget deficit grew to its biggest ever at P1.37 trillion in 2020, or 7.6 percent of gross domestic product (GDP), even as government spending was below target due to delayed implementation of some measures under the Bayanihan 2 law. The Bureau of the Treasury’s full-year 2020 natiional government cash operations report (COR) The post Budget deficit grows to record P1.37T in 2020 amid COVID-19 underspending appeared first on Inquirer Business.

  • Siquijor eyes reopening to domestic tourists by March
    by Nika Lazo, ABS-CBN News on February 26, 2021 at 8:18 am

    Siquijor Governor Zaldy Villa said provincial officials were eager to allow tourism back in the province. 

  • Pandemic impact: SMIC reports 48 percent net profit drop 
    by dmorcoso on February 26, 2021 at 8:13 am

    MANILA, Philippines—The country’s largest conglomerate, SM Investments Corp. (SMIC), saw a 48 percent drop in net profit in 2020 to P23.4 billion as the COVID-19 pandemic dragged down earnings from its core property, retailing and banking businesses. Property arm SM Prime booked a 52.7 percent decline in net profit to P18 billion, while net profit The post Pandemic impact: SMIC reports 48 percent net profit drop  appeared first on Inquirer Business.

  • Hot money flows to PH markets turned positive in January
    by dmorcoso on February 26, 2021 at 8:05 am

    MANILA, Philippines — Philippine financial markets started 2021 on firmer footing as more short term investments from overseas flowed into the local economy than left it — a reversal from the figure recorded in the same month of 2020 and the large net outflows tallied at the end of last year. According to data from The post Hot money flows to PH markets turned positive in January appeared first on Inquirer Business.

  • Agri dept pag-aaralan kung tatanggalin o itataas price cap sa karneng baboy
    by ABS-CBN News on February 26, 2021 at 7:55 am

    Aaralin ng Department of Agriculture kung kailangan tanggalin o itaas ang price cap sa karneng baboy dahil sa patuloy na "pork holiday" sa ilang pamilihan.

  • Globe receives four Golden Arrow recognition on corporate governance
    by vcatibog on February 26, 2021 at 7:23 am

    Globe received the coveted Four Golden Arrow Award during the ASEAN Corporate Governance Scorecard recognition ceremony held on February 19.  The company was recognized by the Institute of Corporate Directors (ICD) for its outstanding domestic performance at the ACGS 2019 Assessment. The ICD is the domestic ranking body for the Philippines.  Globe was the lone The post Globe receives four Golden Arrow recognition on corporate governance appeared first on Inquirer Business.

  • What’s in a name? A valuable brand
    by besguerra on February 26, 2021 at 4:48 am

    World-renowned furniture designer Kenneth Cobonpue is one of the 10 winners of the 1st Mansmith Innovation Awards. In this interview, we asked Cobonpue—described by Time Magazine as “Rattan’s First Virtuoso”—about his creative process and why many companies want to be associated with his name. Cobonpue will speak at the 1st Mansmith Innovation Summit and Awards The post What’s in a name? A valuable brand appeared first on Inquirer Business.

  • Converge focuses on businesses
    by besguerra on February 26, 2021 at 4:40 am

    Fiber internet company Converge ICT Solutions Inc. announced new products targeting businesses in a bid to further broaden its customer base. These products include options allowing businesses to boost their internet use during varying periods of the day, sending files through a secure network and access to high-capacity network-to-network services. “Because of the new normal, The post Converge focuses on businesses appeared first on Inquirer Business.

  • ING Pay is your new online payment partner — and more
    by ilucas on February 26, 2021 at 3:54 am

    This pandemic has sped up digitalization in a lot of ways. We try to do all things at the safety of our home as much as we could through digital channels, such as shopping, paying our bills, and doing other bank transactions. Going cashless has been the norm due to the pandemic, so to make The post ING Pay is your new online payment partner — and more appeared first on Inquirer Business.

  • Asia markets tumble as rate hike fears take hold
    by ggaviola on February 26, 2021 at 3:45 am

    HONG KONG – Equity markets suffered another sell-off Friday on fears that an expected strong global economic recovery this year will fan inflation and force central banks to hike interest rates, despite reassurances that ultra-loose monetary policies will be kept in place for as long as needed. The rollout of vaccines, slowing of infections and The post Asia markets tumble as rate hike fears take hold appeared first on Inquirer Business.

  • Wall Street ends sharply lower, tech selloff weighs as bond yields climb
    by ggaviola on February 25, 2021 at 10:23 pm

    NEW YORK  – Wall Street’s main indexes tumbled on Thursday, with the Nasdaq index posting its largest daily percentage fall in four months, as technology-related stocks remained under pressure following a rise in U.S. bond yields. The Dow and the S&P 500 notched their biggest daily decline since late January. The benchmark 10-year Treasury yields The post Wall Street ends sharply lower, tech selloff weighs as bond yields climb appeared first on Inquirer Business.

  • Customs says smuggling up due to pandemic
    by clopez on February 25, 2021 at 9:20 pm

    The Bureau of Customs (BOC) is tightening its watch over the country’s borders following a surge in illicit imported cigarettes, party drugs as well as fake goods, no thanks to the harder times brought by the prolonged COVID-19 pandemic. Customs Commissioner Rey Leonardo Guerrero told a webinar organized by The Economist last Wednesday that the The post Customs says smuggling up due to pandemic appeared first on Inquirer Business.

  • Crisis turns spotlight on health, retirement
    by clopez on February 25, 2021 at 9:16 pm

    The prolonged coronavirus (COVID-19) pandemic has heightened Filipinos’ interest in fitness and well-being, prompting them to exercise regularly, eat healthier meals and consider future-proofing tools such as insurance and retirement planning. This was according to Manulife Asia Care Survey, which took a closer look into customers’ concerns, priorities and aspirations. The survey polled about 4,000 The post Crisis turns spotlight on health, retirement appeared first on Inquirer Business.

  • Ayala Land sets return to bond market
    by clopez on February 25, 2021 at 9:14 pm

    Property giant Ayala Land Inc. (ALI) is poised to return to the local bond market soon and seek P50 billion in fresh bond shelf registration to support refinancing activities and take advantage of the slowdown in local interest rates. At a press briefing on Wednesday, ALI chief financial officer Augusto Bengzon said the property developer The post Ayala Land sets return to bond market appeared first on Inquirer Business.