Reserve ratio cut may have little effect

BW FILE PHOTO By Keisha B. Ta-asan, Reporter THE CUT in Philippine banks’ reserve requirement ratio (RRR) would have minimal effect on liquidity because these would only replace an expiring relief measure given to lenders amid a coronavirus pandemic, analysts said at the weekend. “The reserve requirement cut is expected […]

Tougher competition seen among franchisees

THE franchise business is expected to see more competition this year as eased mobility restrictions are prompting those who incurred losses in recent years to try to recover, an industry official said. Joey R. Garcia, president and chief executive officer of Eight-8-Ate Holdings, Inc., said franchisors can expect franchisees to […]