Tag: bworldonline
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May inflation likely hit 4% — poll
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HEADLINE INFLATION likely quickened for a fourth straight month in May, mainly due to a spike in electricity costs, analysts said.
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Debt service bill declines by 21% in April — Treasury
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THE NATIONAL Government’s (NG) debt service bill fell in April amid a drop in amortization payments, the Bureau of the Treasury (BTr) said. Data from the BTr showed that debt repayments declined by 21% to P161.695 billion in April from P204.763 billion in the same month a year ago. Month…
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Hot money outflows reach $312M in April
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MORE short-term foreign capital left the Philippines than entered for a second straight month in April, data from the Bangko Sentral ng Pilipinas (BSP) showed. BSP data showed that transactions on foreign portfolio investments registered with the central bank through authorized agent banks posted a net outflow of $312.18 million…
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L’Oréal launches beauty tech startup competition
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To spur the next era of beauty, L’Oréal has launched the Big Bang Beauty Tech Innovation Program in the South Asia Pacific, Middle East and North Africa (SAPMENA) region, including the Philippines. The biggest open innovation competition of this scale for the beauty sector, it offers promising startups the chance…
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Lawmakers urged to consider policy costing before approving new laws
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LAWMAKERS must consider the cost of proposed laws to ease pressure on the government’s finances, according to a think tank attached to the House of Representatives. “The Philippines presently has no office designated to do policy costing,” the Congressional Policy and Budget Research Department (CPBRD) said in a discussion paper.…
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DoST SETUP-backed MSME boosts significant invention in abaca industry
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To upgrade the technological capabilities and improve the productivity and efficiency of micro, small, and medium enterprises (MSMEs) in the country, the Department of Science and Technology (DoST) is taking a notch higher in strengthening its scientific and technological initiatives through its Small Enterprise Technology Upgrading Program (SETUP). The SETUP…
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Beneficial Life Insurance Company, Inc. to hold 2024 Annual Stockholders’ Meeting on June 28
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DigiPlus doubles thrill with BingoPlus Poker and TongIts+
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DigiPlus Interactive Corp. (DigiPlus), one of the fastest-growing digital entertainment companies in the country, continues to expand its product offerings with BingoPlus Poker and Tongits+. BingoPlus Poker is an all-in-one card app that offers a range of card games that can be enjoyed by both casual and more experienced players. …
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Making lives better beyond work: PHINMA redefines service in relaunch of Service Awards
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Ever since she was young, Maribel Esguerra has always wanted to become a teacher—even going as far as roleplaying as one with her neighbors and cousins at the age of six. “Grade 1 po ako nun. ‘Yung mga batang pinsan ko po kasi hindi pa nag-aaral kaya kung ano inaaral…
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Hyundai Motor Philippines celebrates its second anniversary with exclusive after-sales promo
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Hyundai Motor Philippines, Inc. (HMPH) celebrates the second anniversary of its inauguration as the official sales subsidiary and official distributor of Hyundai Motor Company in the Philippines, this month of June. As a brand committed to “Progress for Humanity,” HMPH will be marking this milestone alongside its loyal customers through a…