BW FILE PHOTO YIELDS on the central bank’s term deposits slipped on Wednesday following the widely expected pause from the US Federal Reserve and ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting. Total tenders for the central bank’s term deposit facility (TDF) stood at P235.933 billion on Wednesday, […]
Food delivery app fights hunger
LET’S DO OUR PAU-RT – Clean Air Initiative WITH the importance attached to food in the Foodpanda name, the food delivery platform is launching an advocacy program that fights hunger. On June 15, Foodpanda launched its flagship advocacy program, Let’s Do Our Pau-rt! (LDOP). “We have food in our name. […]
Maynilad plans to expand water treatment plant’s output
MAYNILAD Water Services, Inc. announced on Wednesday that it is planning to construct additional treatment facilities to expand the output of its New Water treatment plant. The west zone water concessionaire has received a permanent operational permit from the Department of Health for its New Water treatment plant, allowing it to convert used water into […]
Golden MV Holdings, Inc. to hold 2023 Annual Meeting of Stockholders on July 17
Golden MV Holdings, Inc. to hold 2023 Annual Meeting of Stockholders on July 17 – BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by enabling them to […]
Spotify plans new premium tier, expected to include HiFi audio
SPOTIFY Technology SA is planning a more expensive subscription option that’s expected to include high-fidelity (HiFi) audio in an effort to drive more revenue and placate investors who’ve been saying the company should raise its prices. To augment its current “Premium” tier, Spotify will give subscribers expanded access to audiobooks, […]
The law of diminishing marginal utility and public policy
One of the important contributions of Economics in public policy is the marginal (or extra, additional, incremental) analysis in the increase in cost and revenues, satisfaction and dissatisfaction, welfare and “diswelfare.” And this applies to both private (household, corporate, civil society) and public (national, local government) institutions. The “law of […]
Outstanding PHL bonds up by 3.1% in the first quarter
THE PHILIPPINE bond market grew faster in the first quarter versus the previous three-month period as the government frontloaded its borrowings, the Asian Development Bank (ADB) said on Wednesday. The country’s outstanding bonds grew by 3.1% quarter on quarter to P11.5 trillion or $212 billion in the first three months […]
SEC revokes vehicle trading company’s registration for unauthorized financing
THE Securities and Exchange Commission (SEC) has issued a cease-and-desist order against a motor vehicle company for conducting unauthorized financing activities. In the issuance, the commission said that it has revoked the certificate of incorporation of The Ark Vehicle Trading & General Merchandise, Inc. due to serious misrepresentation regarding the […]
Singapore gets 19 new value-for-money eateries on Michelin list
1 of 2 KOKSEN’s prawn paste chicken —KOKSEN.COM.SG COCONUT CLUB’S nasi lemak THE MICHELIN GUIDE has named 19 new eateries on the Bib Gourmands, its value-for-money list, in Singapore. There are 79 names on the list in total versus 67 last year, Michelin said in a statement Thursday last week. Two […]
Whose turn is it?
LINKEDIN SALES SOLUTIONS-UNSPLASH ONE of life’s lessons in etiquette, pounded into us by our parents, was the importance of waiting for your turn to speak at any social gathering. When the adults were talking at the dinner table, children (until they became parents themselves) were not allowed to butt in, […]