<?xml encoding=”utf-8″ ?????????> The world of finance is a dynamic, ever-evolving ecosystem. Yet, amidst its many complexities and fluctuations, one occurrence retains a timeless relevance – corporate bankruptcy. The implications of a company’s decision to dissolve the company and declare bankruptcy extend far beyond its immediate stakeholders. It reflects the […]
Remolona sees no need for rate hike if there are no new supply shocks
A woman receives cash as part of the government’s subsidy program for small retailers affected by the imposition of a price ceiling on rice. — PHILIPPINE STAR/WALTER BOLLOZOS By Keisha B. Ta-asan, Reporter THE BANGKO SENTRAL ng […]
Vehicle sales jump by annual 22% in August
New vehicle sales climbed by 22% in August. — REUTERS AUTOMOBILE SALES in the Philippines registered a double-digit annual growth in August but saw a month-on-month sales decline amid elevated inflation. A joint report by the Chamber […]
WTO chief pushes deals on fishery, agri subsidies, says it will be tough
World Trade Organization Director-General Ngozi Okonjo-Iweala talked about her expectations for the 13th Ministerial Conference in Abu Dhabi in February during a briefing with journalists in Geneva on Sept. 13. — NORMAN P. AQUINO By Norman P. […]
More banks urged to remove fees on small transfers
DAVID DVORACEK-UNSPLASH THE PHILIPPINE central bank is looking to formalize the removal of fees for electronic fund transfers on small-value transactions to encourage more Filipinos to use digital payments, its chief said. BSP Governor Eli M. Remolona, […]
Aboitiz unit expects artificial intelligence to bring more jobs
RAWPIXEL-FREEPIK ARTIFICIAL INTELLIGENCE (AI) is expected to boost the country’s workforce, the top official of Aboitiz Data Innovation Pte. Ltd. (ADI) said over concerns that emerging technologies will potentially disrupt traditional jobs in the Philippines. “Artificial intelligence […]
Buskowitz eyes $12-M ADB loan for solar rooftops
PIXABAY BUSKOWITZ Solar, Inc. is seeking a $12-million loan from the Asian Development Bank (ADB) to develop solar rooftop systems in the Philippines. The loan aims to “finance the development, construction, and operations of a portfolio of […]
SEC clarifies required comparative periods for companies filing their registration statements
COMPANIES registering their shares with the Securities and Exchange Commission (SEC) are required to submit two comparative periods for the past three fiscal years to show changes in their financial condition, the regulator said. The commission issued […]
MTRCB head target of online hate
1 of 3 THE MOVIE and Television Review and Classification Board (MTRCB) released a statement yesterday defending its head, MTRCB chairperson Diorella “Lala” Sotto-Antonio, who it says has become “the target of alarming online attacks.” “Over the […]
MTRCB denies ‘special meeting’ triggered Vice Ganda case
AFTER photos circulated on social media of a meeting between the Movie and Television Review and Classification Board (MTRCB) and the Kapisanan ng Social Media Broadcasters ng Pilipinas, Inc. (KSMBPI), MTRCB chairperson Diorella “Lala” Sotto-Antonio has released […]