PREMIERE Horizon Alliance Corp. on Wednesday reported that it had trimmed its attributable net loss during the first quarter to P41.19 million from P58.07 million in the same period last year due to higher revenues. In the company’s financial statement filed at the local bourse, it recorded a top line […]
Yields on BSP term deposits dip after monetary tightening pause
BW FILE PHOTO By Keisha B. Ta-asan, Reporter YIELDS on the Philippine central bank’s term deposits on Wednesday fell after a monetary tightening pause last week. Demand for the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) hit P199.795 billion, higher than P190 billion on the auction block. Last […]
House swaps and dog walks: Travelers find cheaper alternatives to lodging
1 of 2 NEW YORK — Lillian Smith has spent about eight of the last 12 months traveling around the world, hitting France, Morocco, Japan, and South Korea. Her cost for lodgings in that time? About one night in a hotel, along with the time she spent walking dogs, watering […]
Philippines seen to be next big player in data center business
PHILSTAR FILE PHOTO By Justine Irish D. Tabile, Reporter ST TELEMEDIA Global Data Centres (STT GDC Philippines) sees greater demand for data centers in the country amid its strategic location. “As everybody wants to digitalize, the demand is increasing worldwide, in every country. You need to have the opportunity to […]
DITO to install 5G microsites in Makati
BW FILE PHOTO DITO Telecommunity Corp. with solutions provider Huawei is set to install street-level 5G microsites in Dasmariñas Village to provide better coverage speed and capacity within its vicinity. “DITO has provided a solution that is the first of its kind in the Philippines that is aimed at breaking […]
Keppel Philippines Holdings, Inc. to hold annual stockholders’ meeting on June 16
Keppel Philippines Holdings, Inc. to hold annual stockholders’ meeting on June 16 – 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 publish their […]
National Reinsurance Corporation of the Philippines to hold its annual stockholders’ meeting on July 5
NOTICE OF ANNUAL MEETING OF STOCKHOLDERSJULY 5, 2023 / 2:30 P.M. DEAR STOCKHOLDERS: Please be advised that the Annual Meeting of Stockholders of NATIONAL REINSURANCE CORPORATION OF THE PHILIPPINES (the “Company”) will be held on July 5, 2023, Wednesday, at 2:30 p.m., at the Carlos P. Romulo Auditorium, Podium 4, […]
Mocasa to partner with credit bureau
CREDIT line provider Mocasa on Wednesday said it is looking to partner with the Credit Information Corp. (CIC) to boost financial inclusion. The partnership with CIC aims to help Filipinos get access to formal banking channels by using Mocasa and giving them a credit score, Mocasa Chief Operating Officer Julien […]
Ireland to label alcoholic drinks with health warnings
ENGIN AKYURT-UNSPLASH DUBLIN — Ireland will introduce mandatory health labeling of alcoholic drinks, warning of the links to cancer, liver disease, and the risk of drinking while pregnant. The new regulations, signed into law by health minister Stephen Donnelly on Monday, will take effect in three years to give businesses […]
Mocasa aims to have half a million users by end-2023
BUY-now-pay-later firm Mocasa is aiming to onboard more than half a million users by the end of the year, its top official said. The company also aims to reach 300,000 monthly active users by the end of the year by partnering with more local banks and merchants, Mocasa President and […]