<?xml encoding=”utf-8″ ?????????> London FinTech firms KoinKoin and SR FINANZMANN, have closed a $2 million private funding round in major boost to their corporate OTC business for foreign exchange and digital assets. The funding will support the growth and expansion of the technical FX across both businesses, especially in Africa, […]
Economy to fare better in 2nd half
COURTESY OF ICTSI THE PHILIPPINE ECONOMY is expected to fare better in the second half of the year, as easing interest rates could lift consumption and improving external climate may boost trade, according to Moody’s Analytics. “The economy will fare better this year, especially in the second half. Fading inflation […]
Infrastructure spending may slow as gov’t pursues fiscal consolidation
PHILIPPINE STAR/MICHAEL VARCAS By Luisa Maria Jacinta C. Jocson, Reporter THE National Government (NG) may struggle with expediting infrastructure spending as it pursues fiscal consolidation, analysts said. “The decline in infrastructure (in November) is an indication of the government’s problems with its fiscal consolidation. This means that the government’s policy […]
Philippine short selling in short demand 3 months after its launch
The Philippines embraced short selling, which is limited to brokers and their clients, when its peers like China and South Korea are tightening control over it. — BW FILE PHOTO By Revin Mikhael D. Ochave, Reporter JOHN RUSSELL DC. MANARANG, 22, is excited about finally being able to short sell […]
Philippines among top 3 favorable markets for established brands
Filipino shoppers prefer established consumer brands, according to a report by a consultancy firm. — PHILIPPINE STAR/MIGUEL DE GUZMAN THE Philippines is among the top three most favorable markets for established consumer brands as traditional trade dominates the retail space, according to a report by Bain & Co. In a […]
BoC @ 122: Paving a shared path to prosperity
Finance Secretary Ralph G. Recto’s visit in BoC on Jan. 24 — Photo from facebook.com/BureauOfCustomsPH One of the earliest recordings of Philippine history contain examples of how the datus and rajahs of old bartered with traders from distant lands. This practice led to the relative wealth and prosperity of the […]
Vacancy rates seen to rise for Metro Manila’s prime offices
CHRIS ANDERSON-UNSPLASH VACANCY RATES for prime offices in Metro Manila are projected to rise this year due to the potential increase in flexible work arrangements in the information technology and business process management (IT-BPM) sector, according to global real estate services firm Cushman & Wakefield. “With the large volume of […]
Meralco says power bidding aimed at lowest-cost supply
PHILIPPINE STAR/ MICHAEL VARCAS MANILA ELECTRIC Co. (Meralco) on Monday denied claims of anticipated power rate increases resulting from closed bidding with generation companies that supply through gas-fired plants using imported liquefied natural gas (LNG). In a statement, the power distributor said the conducted bidding aimed to secure enough power […]
Taylor Swift caps dominant year with record-breaking Grammy win
TAYLOR SWIFT captured the Grammy Award for album of the year on Sunday, capping off one of the most successful years in pop culture history by becoming the first singer to win the music industry’s top prize four times. Ms. Swift’s album Midnights took home the honor, adding to her previous […]
Megaworld targets to open 31-storey Pasig hotel by 2029
ONE PASEO is the first office development within the 12.3-hectare Arcovia City in Pasig City. — COMPANY HANDOUT TAN-led Megaworld Corp. announced on Monday that it is now building the 31-storey ArcoVia Hotel in Pasig City, scheduled for opening by 2029. In a regulatory filing, the listed property developer said […]