<?xml encoding=”utf-8″ ??> For the second year running, the top business opportunity for SMEs is the return of clients as the economy stabilises, according to a new report. One in five SME owners see this as a key opportunity for growth in 2023 – while 20% are looking to introduce […]
Nina Aguas talks of good corporate governance as a way of life at InLife
InLife Executive Chairperson Nina D. Aguas Insular Life (InLife) Executive Chairperson Nina D. Aguas was one of the featured speakers during the recently-held 2023 ACGS (ASEAN Corporate Governance Scorecard) Workshop for Insurance Companies, sponsored by the Institute of Corporate Directors. Aguas was invited to speak about InLife’s corporate governance journey […]
Nations who pledged to fight climate change are sending money to strange places
LONDON – Italy helped a retailer open chocolate and gelato stores across Asia. The United States offered a loan for a coastal hotel expansion in Haiti. Belgium backed the film “La Tierra Roja,” a love story set in the Argentine rainforest. And Japan is financing a new coal plant in […]
Australia hikes minimum wage as living costs surge
SYDNEY – Australia will raise the minimum wage by 5.75% from July 1 as families grapple with soaring living costs, a decision that businesses and some economists say risks further stoking inflation and interest rates. The independent Fair Work Commission (FWC) on Friday decided on a 5.75% pay rise for […]
Slower US job, wage gains expected in May
WASHINGTON – US job growth likely slowed in May, with wages coming off the boil, potentially allowing the Federal Reserve to skip an interest rate hike this month for the first time since embarking on its aggressive policy tightening campaign more than a year ago. Nevertheless, the Labor Department’s closely […]
FSB launches ‘Sunshine List’ of ideas to empower hospitality firms as tourism season kicks off
<?xml encoding=”utf-8″ ??> Policymakers have a golden opportunity to help small firms make the most of tourism season this summer as the holiday season kicks off, according to the Federation of Small Businesses (FSB.) The UK’s unparalleled attractions, coupled with favourable exchange rates, will likely attract a wave of international […]
Breaking Down UK Inflation: The Impact of Rising Food Prices on Farmers
<?xml encoding=”utf-8″ ??> Food prices in the UK have soared at their fastest rate for almost 45 years, with grocery prices rising by 19.1% in the year to April. “I know people are paying more for their bag of potatoes or bag of carrots, but it’s not because we want […]
Recession uncertainty tames UK business confidence upward movement
<?xml encoding=”utf-8″ ??> Uncertainty about whether the UK economy will tip into a recession caused by sky high inflation and the Bank of England hiking interest rates aggressively to tame it is keeping businesses grounded, a new survey out today shows. A five straight month upward rise in optimism among […]
Job Crisis Looms: CBI Announces Layoffs to Reduce Wage Bill by 33%
<?xml encoding=”utf-8″ ??> The UK’s most prominent business lobby group, the Confederation of British Industry, is to lay off a swathe of its staff as it fights for survival amid a crisis prompted by multiple sexual misconduct allegations. The CBI needs to cut its wage bill by a third within […]
DFNN Group grows revenue in 2022 by 69% and EBITDA by 190.7% from 2021
The DFNN Group enjoyed extraordinary development in all facets of its business in 2022. The Group had a successful fiscal year, recording total sales of ₱905.8 million, an increase of ₱369.7 million or a growth rate of 69% over the previous year. EBITDA was a healthy ₱237.5 million, as opposed […]