Tag: bworldonline
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CDO Funtastyk celebrates special day for moms
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CDO Funtastyk showered mothers with love and pampering at the Funtastyk Mom’s Day event on May 19, 2024 in Quezon City. The event was a delightful escape for moms, offering relaxation, delicious food and a chance to connect with each other. Moms were treated to a pampering session that included…
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Gross borrowings drop 31% in April
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THE National Government’s (NG) gross borrowings fell in April as domestic and external debt declined, data from the Bureau of the Treasury (BTr) showed. BTr data showed that the NG’s total gross borrowings dropped 31.3% to P89.202 billion in April from P129.906 billion in the same month a year ago.…
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‘Most exciting chapter’ for PHL yet to come — WEF
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THE Philippines could become one of the drivers of global growth in the future, if the government continues to ease foreign ownership restrictions and ramp up partnerships with the private sector, according to a World Economic Forum (WEF) executive.
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‘High incidence’ of money laundering seen in gaming
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THE PHILIPPINES is likely to exit the “gray list” of the Financial Action Task Force (FATF) soon despite a “high incidence” of money laundering, mainly in the gaming sector, Moody’s said.
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3 German firms considering PHL expansions, PEZA says
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THE Philippine Economic Zone Authority (PEZA) said three German companies in the automotive, semiconductor, and pharmaceutical industries are planning to expand their Philippine operations. In a statement Sunday, the investment promotion agency (IPA) said it found out about the expansion plans after business-to-business meetings on a visit to Germany this…
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Government eyes sale of assets to GSIS, SSS
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THE FINANCE department is aiming to raise around P100 billion from the sale of government assets, mainly to the Government Service Insurance System (GSIS) and the Social Security System (SSS). “We need to privatize a lot but we’re going to sell them most likely to GSIS. We’re offering them to…
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SB19, BINI, SunKissed Lola, Flow G & Puregold debut the ultimate OPM collaboration with the ‘Nasa Atin ang Panalo’ music video
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After weeks of building anticipation and dropping hints on their social media platforms, Puregold has finally unveiled the music video to the new song “Nasa Atin ang Panalo.” Released this past May 25, the video is a must-watch for Pinoy pop fans. It serves as the ultimate collaboration of four…
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Domestic trade value, volume climb in Q1
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The domestic trade in goods in the first quarter grew by 46.7% year on year to P389.42 billion, the Philippine Statistics Authority (PSA) said on Friday. This was also faster than the 12.8% growth and larger than the P326.56 billion recorded in the fourth quarter of 2023, preliminary data from…
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Philippines says China Coast Guard rules a provocation
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MANILA – Philippine Defense Secretary Gilberto Teodoro said on Friday that China’s rules about how its Coast Guard can operate in the South China Sea were a matter of international concern, describing them as a provocation. China, which has maritime sovereignty disputes with the Philippines and other claimant countries in…
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Government to counter the rise of cybercrime rate
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Aligned with the Philippine Development Plan (PDP) 2023 to 2028, President Ferdinand R. Marcos Jr. adopted the National Cybersecurity Plan (NCSP) 2023 to 2028 to address the rising number of cyber threats and serve as a whole-of-nation roadmap in cyberspace. “We are strengthening all our efforts anti-cybercrime, from detection and…